New Member from Northern California

[Kim Stofan]

Hello Bigger Pockets community!  By day I'm a Registered Nurse in the Labor and Delivery Department.  I absolutely love my job and feel so honored to help women bring their children into the world.  I have two small children of my own.  My life is very busy and fulfilling, however, I've always had an itch to get into the real estate industry.  I absolutely love learning about real estate and I have been listening to as many podcasts as I can.  I've learned so much and I have only been on the site for less than a week.  I hope to purchase my first property this year.  I'm interested in investing in the Roseville, Rocklin, and Folsom areas.  

Any mother's with small children out there?  Has it been hard to balance your family life and also pursue your real estate goals?  Anyone in the sacramento area have any recommendations for realtor who are well versed in the investment property arena?  I'd like to start looking at properties immediately.

[Kenneth Reimer]

@Kim Stofan said about opening up to Multifamily. If you're looking to manage yourself, going with a SFR might make more sense. But if you're going to hire out management, I think Multifamily might be the way to go. Economies of scale, diversifying against vacancy loss, and classic valuation techniques are all solid advantages to multi's as compared to singles. Lastly, I believe the market is too hot to get in at this point. That's my personal opinion. Cap rates have been seen sub 4%, and the Sacramento market has seen blistering rent growth over the last few years. Be careful on your timing and always run your numbers!

Happy investing,

Kenneth R. Reimer