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Limestone Investments LLC

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Vegas Real Estate
 
8.5% has been projected for this year. It's not as aggressive as last year but still an increase. Cash flows are diminishing and rent increases are nowhere in site.
 
This project, 60 miles North of Las Vegas never had a chance. It will be a few decades before something like this will make sense again. The most tragic part of this will be watching all those palm trees die a slow miserable death. Let's hope someone has the foresight to sell the trees before the desert consumes them.
 
I'm seriously glad this person will be doing 5 years in prison. Agents like this tarnishes our industry. This case is another example of why you should never ever never get into a partnership or real estate trust. Even if you don't get scammed, there is a good chance you will never see your money again.
 
A stadium downtown will pump up the Fremont St volume even more. We are very bullish on anything near downtown. Affordable housing will become even more attractive and highly recommend purchasing anything you can get your hand on near the downtown area.
 
Life is good. The department said the number of workers in the construction sector rose statewide from 57,100 in June 2013 to 62,700, a gain of 9.8 percent. And the number of jobs in the professional and business section was up 7.7 percent to 161,800. Vacancies are down and we expect rents to start climbing in the spring of 2015.
 
With all that cash pouring in, there is no surprise that these guys always get nailed for taxes. Unless you are disciplined, we don't recommend owning as strip club. There are few for sale if you really want to test your convictions.
Soccer Stadum
Ifindproperties.com
Multi Families of the Week
Multi Family

$240k - 6 Units

100% Occupied.

Foreclosure

$105k 3/2/2

Vacant

Book To Be Released
Foreclosure
A Fist Full of Properties

I just finished writing a book for property managers. Editors are hacking at it now and illustrations will be finished by October. Estimated release date will be November 1st.

Lease/Option Changes
 

We have made significant changes to our lease/option contracts. With more tenants exercising their option to purchase, we have added verbiage that covers the process for exercising the option. This page covers that new component of our contract.

AC Filters
 

Starting this month we are going to implement a more systematic approach to having AC filters replaced. Our goal is to replace these as cheaply as possible so our investors don't keep getting hit with large AC repairs. We will be charging for the cost of the filter plus about $20 to have them replaced every 6 months. If you don't want to participate or you want to replace these yourself, reply to me and I will take you off our list.

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