Tami’s Investment in Zilker, A Success Story!

2015 is starting out with a bang in the real estate world.

Austin continues to thrive and be a great city to own and invest in real estate. Below is a link to a recent Forbes article:

http://www.forbes.com/sites/erincarlyle/2015/01/09/best-buy-cities-where-to-invest-in-housing-in-2015/

I love my job helping people buy and sell their personal real estate. I also love to invest in real estate. I own several rental properties that I have bought and fixed up.

My most recent investment purchase was helping my mother-in-law purchase an investment property in Zilker. She lives in Wisconsin and wanted to spend the winters here. We were in a multiple offer situation against several developers who wanted to tear the house down. By doing some research, I found out the seller’s really wanted the property to go to someone who was going to keep the original structure. We were able to secure the property.

Our goal was to spend as little as possible to get the house livable and functional, and to create equity. She will be living in the house during the winter and we will be operating it as a short-term rental when she is not here. Below are few pictures of the before and after.

TAmi New Year Blog

We recently rented out her property for the first time for $225 per night. It is booked for SXSW for $600 per night. The market value of the house is about $50k more then when she bought it, including cost of remodel. She will be staying the majority of February through April. A success story all around. I am so happy to have her get to spend more time with our three daughters!

congress

I would love the opportunity to work with you in either capacity – as a homeowner, looking to buy or sell your personal property or as an investor helping you find a good investment.

Tami Shneidman
512-698-2612
TLShneidman@gmail.com