Newbie from Lenexa Kansas

[Keith Arnold]

I know little to nothing about investment properties. I accidentally got my first rental property by helping out a family member 7 years ago. This property is not cash flowing, but helps out my family member. I just started listening to the podcasts. Made it to #13 so far. Looking to gain knowledge on how to find and buy a single family home for long-term hold property. Would like to start with one property and build from their. Looking for an additional income stream.

[Paul Timmins]

@Keith Arnold

Welcome. Time to build the legacy. You might consider a focus on expense reduction as a way to build cashflow on the property.

Check out the Start Here page http://www.biggerpockets.com/starthere

Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having 60 past ones to catch up on.

Two Great reads, I bought both J. Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook

Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.

You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

Good luck

Paul