You can spend the next 3 years socking money away in REITS, ETFs, CDs, muni bonds, and money market accounts and completely focus your mental energy on your job.

Then, we got a major upgrade in our salaries and decided to upgrade.

I think it very much depends on the job.

Redfin is a salaried agent model, so most agents are not as connected to you.

Don't be fooled by the headlines....The Housing Market Has Nearly 500,000 More Sellers Than Buyers I never believe any of the headlines but there are specific data points that I follow to see where the market is headed including bond sales, jobs and investing in non performing loans we see behind the curtain many times before others do - what I can say is I can name 50 real estate investors right now who were very successful the last ten years who are getting ready to be wiped out because they are over-levered - and I am not saying they are underwater, they have 20-30% equity in properties but cannot afford the debt and other obligations due to inflation, taxes, insurance and mortgage rates.

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

I've seen realtors bring in a deal or two per month, but contrary to popular belief, being an MLO is not a part-time "I can do it on the weekends" job...not if you want to be successful.

- sharing of revenue profits or losses- sharing of capital gains or losses- is any payment to be made to either other than as a share of profits, eg for ongoing services- will the participants be operating a ‘salary/dividend split’ – ie taking their month-by-month requirements by way of low salary, balance as dividends?

There was a slight increase in 2024, but 2025 projections indicate that the decline is continuing.But jobs are growing.

Hey @David Kovalchuk  Great job getting started in real estate at such a young age!