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Limestone Investments LLC

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Vegas Real Estate
 
It's surprising that interest rates have been this low for so long. The Fed is firing off warning signals now so that the economy doesn't take a complete nose dive when they start ratcheting up rates. Rate increases will have a significant impact on the real estate market. I predict SFR prices to decrease slightly and flat line next year. Inflation will soon follow these increases. The good news is that rents will start increasing next year.
 
This method for "unloading wealth" is becoming more and more popular. If you have a philosophy of dying broke, this is the tool for you. FHA, a division of the Housing and Urban Development Department, is expected to tighten rules requiring loan applicants to undergo a detailed financial assessment. It's aimed at reducing a current default rate of 10 percent, roughly double the level of regular mortgages.
 
Investors built 31 million square feet of industrial space locally from 2002-08 as the market’s vacancy rate was just 3 percent in spring 2006. After the crash, buildings emptied out, and the warehouse vacancy rate ballooned to almost 15 percent by 2010. As of the second quarter this year, the vacancy rate had fallen to 10 percent. I still think it's too early to be building industrial.
 
Construction on roads to bypass Boulder City have resumed after an asbestos scare. This bypass will ease congestion through the city and boost Las Vegas economy with easier & faster transportation to and from Arizona.
SLS
Ifindproperties.com
Multi Families of the Week
Multi Family

$1,750k - 43 Units

90% Occupied.

Multi Family

$200k - 3/2/2

Vacant.

Dropbox
 

Some of our investors are still still unaware that they have access to invoices, property photos, HOA love letters and a variety of other files in Dropbox. This enables our investors to see details of every event for their property. If you still don't have access or need help learning on how it works, this video is a nice little tutorial. We may have missed a few folks when we created these so please raise your hand if you don't see your property.

Book To Be Released
Foreclosure

Fist Full of Properties

Illustrations are completed and copy being sent to editors next week. Estimated release date will be November 1st. This book was written for property management companies - tips and techniques for a profitable business.

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