Skip to content
×
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
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
New Member Introductions
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 almost 9 years ago on . Most recent reply

User Stats

4
Posts
2
Votes
Jeremy Dennis
  • Kansas City, MO
2
Votes |
4
Posts

New member from KC MO interested in renting section of first home

Jeremy Dennis
  • Kansas City, MO
Posted

Hello all! I'm from Kansas City, MO and I'm interested in learning about real estate investing for the purpose of getting some supplemental passive income. I may change my mind down the road, but for now my goal is to have enough supplemental income to cover a mortgage payment so I can essentially be living for "free" (having a tenant cover my mortgage payment).

I've been renting for several years and am now ready to use my nest egg on a downpayment to buy a home. I'm not sure if this is the thread to ask questions, so please let me know if I should post this somewhere else! 

Is it realistic to think that I could buy my first home with a separate living area and rent it out to cover my mortgage payment? I'm thinking this would be a duplex or a house with a basement with a separate entrance.

Thanks in advance for any advice or suggestions! Looking forward to interacting on BP!

Most Popular Reply

User Stats

4
Posts
2
Votes
Jeremy Dennis
  • Kansas City, MO
2
Votes |
4
Posts
Jeremy Dennis
  • Kansas City, MO
Replied

@Trisha Alton Thanks! I am interested. I'll be in touch!

Thanks @Dave Visaya!

Loading replies...