New Everett, WA based rental investor with buy and hold strategy

[Travis Boyd]

Hi all!

I am new to real estate investment and planning to start ramping up long term rental properties in 2025, however my first two primary residences were both converted into MIL's and rented within months after closing which effectively followed the House-Hack tactic (we currently rent our furnished basement to primarily traveling nurses for 3-6 months at a time which covers 70% of our mortgage). Now I plan to build a real estimate investment portfolio focusing on a buy and hold strategy (BRRRR) through multifamily properties surrounding the Snohomish County and Everett area (north of Seattle). I am more familiar with single family residences so will likely start there. I'd like to keep my properties within a 30 minute drive from my South Everett residence.

A fun fact about me outside of real estate: I love distance running and cycling. I previously held the Guinness World Record for fastest half marathon pushing a baby in a stroller (Heroes Half Marathon in Everett, 2013 in 1 hour, 13 minutes) as well as fastest half marathon pushing two babies in a stroller (Snohomish River Run Half Marathon, 2017). As you've guessed, I have three kids. :) We homeschool and I'm planning on making this a family business.

My team of three young kids that like to earn money for simple yardwork and my supportive wife are just the start of my team. :) I am hoping to network with all relevant professionals in the field...especially like minded investors in my local area. I would also love to connect with agents with experience in cash positive single family and multifamily rental properties relevant to the BRRRR model in Everett and the surrounding area. I also hope to build my network of lenders, contractors, etc.

My highest priority currently is learning and practicing to identify and analyze properties. If you're open to connect, please reach out!  @Scott Trench, thanks for the example intro post!

[River Sava]

Hey Travis, welcome to BP!

 I love your story - pushing strollers to Guinness World Records? That’s impressive and such a fun way to connect your passion for running with family life.

It sounds like you've got a solid start with house hacking and traveling nurse rentals. Shifting to BRRRR and multifamily properties is a great move, and staying local to Everett/Snohomish will give you an edge. Building a network of agents, contractors, and lenders who understand cash flowing rentals and the BRRRR model will be key as you continue to scale.