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
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
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

All Forum Posts by: Dax Bradley

Dax Bradley has started 2 posts and replied 6 times.

Post: 18, First Property Down Payment

Dax BradleyPosted
  • Rental Property Investor
  • Fort Smith, AR
  • Posts 6
  • Votes 2

 i found a duplex that works perfect for me, but i'm afraid i'm gonna miss this opportunity and somebody buy it before i can come up with the down payment. i am only 3 months into my electrical apprenticeship so i don't make very much at my W2, and any extra money i have left (after necessities) gets spent on something else that pops up. so the question i have is, what would be the best way to go about this? as a young man wanting to get his first property as soon as possible.

Post: 18 year old, first year electrical apprentice

Dax BradleyPosted
  • Rental Property Investor
  • Fort Smith, AR
  • Posts 6
  • Votes 2

@Bruce Woodruff i plan on starting an electrical business once i get my masters, on top of what i have going in real estate. 

Post: 18 year old, first year electrical apprentice

Dax BradleyPosted
  • Rental Property Investor
  • Fort Smith, AR
  • Posts 6
  • Votes 2

@Wale Lawal thank you for the knowledge, it will be used!

Post: 18 year old, first year electrical apprentice

Dax BradleyPosted
  • Rental Property Investor
  • Fort Smith, AR
  • Posts 6
  • Votes 2

@George Red thank you

Post: 18 year old, first year electrical apprentice

Dax BradleyPosted
  • Rental Property Investor
  • Fort Smith, AR
  • Posts 6
  • Votes 2

the property i am interested in is -$11 cash flow. should i completely stay away from any property that has negative cash flow on here?

Post: 18 year old, first year electrical apprentice

Dax BradleyPosted
  • Rental Property Investor
  • Fort Smith, AR
  • Posts 6
  • Votes 2

hello, my name is Dax Bradley. I am 18 years old and am in my first year of being an electrician. I won't work this job the rest of my life, I feel as if I'm supposed to be greater than a worker. I plan on house hacking my first property. I have a lender that has taught me a lot and helped me tremendously. I plan on buying my first property (duplex) the day I turn 19 (August 25th). I made my first deposit into my newly opened savings account today. So that is where I'm at currently. I am just going to make as much money as I can over the next few months so I can have enough for the FHA Loan down payment and closing cost. I will no matter what have that piece of paper in my hand on my 19th birthday, standing right in front of that duplex. Any kind of advice for me would be so greatly appreciated.