Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

17
Posts
4
Votes
Becky Lu
  • Real Estate Agent
  • Aliso Viejo, CA
4
Votes |
17
Posts

Rental property WITHOUT a basement in Kansas City - good or bad?

Becky Lu
  • Real Estate Agent
  • Aliso Viejo, CA
Posted

Hi guys,

I just put a few offers in Kansas City, MO for SFH. At first I was only looking for properties with a concrete basement because of the natural disaster - tornado. Along the way, I've learned that most of the properties in KCMO are old and the basement is usually in a worse shape than the house itself. The basement usually has water leakage issue or some even with foundation issues, which are not cheap to fix. Then I asked my agent if the basement is a necessity in KC? He told me a not-so-helpful-at-all answer "it depends. Some people don't like a basement or don't need one....and some do"

I did some research myself and found: most people would like a basement cause it's safe to have one in case of a tornado and it doubles the living space. It's easier to sell and good for re-sell vale.

I'm afraid I'm biased on this cause my first decision was to buy the property with a basement because I think it's safer and I'd want to live in a safer house. But I'm not going to live there and maybe renters don't really care or tornado is really not that bad in KC....

Can anyone share your thoughts or your experiences? Or if you live in KC, would you care to have a basement? Thank you!!

Becky

Loading replies...