Congrats and knock out that extra debt you accumulated so you can save up for STR #2!

But to date, I've just set my rents at a rate that accounts for me having to pay the water bill - and informed the residents that each year I'll increase the rent based upon my expenses (including water), so keeping the bill down helps me to help them.But one problem this could cause is if increasing the rent to cover the water bill then places your rent above the market rate.

The information contained in this post is not to be relied upon.

Renting by the room (long-term) is stable but requires tenant management, while Airbnb (either by room or whole house) can bring higher revenue but needs more hands-on work—make sure to check Little Elm’s short-term rental rules.

So anyone can put together the courses and sell them just like any other RE Guru out there teach their tips and tricks.

A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

Andrew, I have had some questions about this post.The title of this post may be ambiguous. 

I’ve been part of the BiggerPockets community for a while, but this is my first post.

I'd be happy to connect since we're completely new to this and to Arnold.

I am over them and can't do this anymore.