All Forum Posts by: Michael Florkowski

I really like this approach. Thankyou Mr.Clark! I suppose I could combine the two ideas and live in a basement while renting out a 2 bedroom home to a traveling agency. 

Thankyou for the advice guys. I know only carpentry, but I have friends who are electricians and plumbers as well. My only concern with renting it out room by room in Philadelphia is my safety as my roommates could be psychopaths. I know this is what screening a tenant is for, but still can be a bit sketchy. I will consider taking this route though especially if I can’t find a duplex in my budget. 

Will there be another event like this?

I have been a Union carpenter for four years now and enjoy working physical labor. I would like to put my money to work instead of shoveling my money into the bank (mortgage) or to a landlord (renting). I currently am living in an apartment in Philadelphia and I would like to put my money to better use. I am looking for a duplex outside of the city to live around less people (and avoid unnecessary parking tickets haha). I am open to any advice and my current struggle is finding a duplex in my budget. I am willing to use strategies using a single family home (as there are more single families on the market at my budget), if anyone has any options for me I would appreciate an experienced investors input. Thankyou!