I am excited to start this venture and seek any advice for the real estate beginner that anyone may have to offer.

I picked up several rental properties over my 23 years of military service and think it makes for an interesting and exciting post military career as well as a great way to bring in a little extra.Feel free to hit me up with any questions you may run into.Warren

@Nick Payton , not sure if the 50% rule counts escrow as an after mortgage expense, but here is the breakdown:Mortgage payment: $388Escrow: $237total: $625Expenses:Utilities: $250Maintenance: $1075% vacancy: $70CapEx: $110total: $537We'll see how well those numbers match up with reality in the next few months or so, with these numbers my cash flow is closer to $250 a month than $300, guess I got too excited in my original post =).If Escrow counts towards expenses (taxes and insurance) then I meet the 50% rule for sure.

Our first article came out yesterday -- The Top 5 Ways to Make More Money on Your Rental Properties.We've worked with numerous national partners to syndicate our content over the years, including Business Insider, The Motley Fool, Huffington Post, and we're very excited to be working with the staff at Money.Please check it out, share it, and be sure to keep your eyes peeled for more great BiggerPockets content on Money Magazine.

My name is Mathew and I am excited to find biggerpockets.com!

Or we could flip for $11k profit (not terribly exciting though).What's your goal? 

I have to quit drinking coffee for the next couple of days as I am so nervous, stressed and excited all at the same time.  

Honestly, it all feels a little overwhelming right now, but I'm trying to soak up as much as I can from the blog and forums, and may be ordering a book or two soon.Which is to say, I don't have any real "value" to add on these forums yet, but I am excited to be involved!

Overall, I'm not sure what my exact business plan is yet, but I firmly believe that a stable foundation of wealth and income will come from owning property.I'm excited to be part of this community and feel that it has a great deal to teach me.

Hello Bigger Pockets friends! I just arrived back in the USA and an very happy to be here.

I have been monitoring a duplex in a very hot property area for some time.

It was under contrac...