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Limestone Investments LLC  (702) 430-7900 Office

Click Here to Pay Rent
(702) 690-9201 Maintenance Hotline

Foreclosure Buy Now
 
eBook "A Fistful of Properties"
 

Lease W/Option

Full Service

Tenant Placement

Fees
50% of the option fee.
 Start Up $0
Optional
5% for rent collection and management.
 
Bounties to other agents are included.

 

Monthly
10% for single family properties
$50 per door on multi family properties
 Start Up $100 (each door in a multi family)
Optional
Bounty to other agents.
Fees
75% of first month rent
 Start Up $0
Optional
Bounty to other agents.
Advantage: This gives you the most cash out of your property as your tenants are responsible for most repairs, they pay more than market rent and they pay you directly. You also get better quality tenants with a lease with an option to purchase your property. This list shows you what we have available if you want to see examples. Also, a Federal Tax ID or EIN is not required as the tenant can pay you directly. Advantage: You can kick back and let us deal with the headaches. We generally charge $30 for each service call and you get to see the vendor's invoice. In many cases, the tenant pays that service call. Major rehabs can cost up to 5% over vendor invoice. Advantage: We find your tenant and then they pay you directly. There are no monthly charges. You get free access to our vendor list. You will manage your own repairs and pay them directly. Once we collect your deposit and first month's rent, we are out.
Disadvantage: There is a chance you can lose money at the end of a lease/option. Disadvantage: You will get the least amount of cash out of your property. Disadvantage: You will be dealing with rent collection and the tenant will be calling you if something goes wrong. You get to experience our profession.
The owner must have at least 10% equity in the property. Foreign nationals must have a EIN#. Only available to locals.
 
 
 
We offer The Most Solutions
No other company in Las Vegas offers all three types of services. We also have the largest lease/option inventory available with over 3,400 tenants on our waiting list.
Fast Customer Service
Multiple phone numbers for emergencies.
Hundreds of vendors are in our data base for quick response.
Vendors are coordinated via the web for accurate information
Non-Exclusive
No long term contracts.
No up front fees.
You can leave at any time.
Instant Access
Login to your property to get instant information on status and tenants.
You can change advertising terms & conditions 24x7.
Paid When Tenants Placed
We don't get compensated until we find your tenant. Since 1997
Broker has been managing properties.
Experience in single family, multi-family and commercial.
Broker has general contractor experience in dealing with all trades.
Tenants Placed Quickly
We place 4 tenants a week during the summer.
Hungry agents are commission only.
Advertise everywhere (Signs, MLS, Craigslist...)
Tenants Pay or Leave
"Elegant Departures" are the most common form of evictions.
Court appearances are no problem. We eat lawyers for breakfast.
"Lock Outs" are used as a last resort.
Licensed Property Managers
4 fully licensed property managers.
Education and activities monitored by the state.
Trust accounts monitored by the state.
Solid Reputation
References
Most of our business is by referral.

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Vegas Real Estate News
 

As we predicted, home prices have stabilized even though the number of homes sold has increased. Prices will remain flat until about August where we predict a sudden burst of activity before the fall.

 

Nevada was third in volume of flips, just behind Michigan and Florida. In Nevada, owners waited an average 154 days before selling, tied with Michigan for the fastest turnaround in the country. The average wait-time nationally was 176 days. Silver State flippers booked an average $40,327 in gross profit in the three months ended March 31, giving them a 24 percent return on investment.

 
This is another reason we are discouraging investors from purchasing office space. Just like our company, staff members only come to the office for for very brief visits. Nationwide, employees are working out of their home and this will continue to keep office prices down.
 
An unexpected jump in new-home permits early in 2015 is altering forecasts for the year. Builders pulled 1,849 permits in the first quarter, an increase of 464 permits, or 34 percent, when compared with the first quarter of 2014.
Multi Family

$460k - 12 Units

75% Occupied.

Commercial of the Week
Strip Mall

$800k - 100% Occupied

 

Single Family of the Week
Multi Family

$115k - 3/2/2

Vacant.

Foreclosure
Hard Copy Now Available

Concepts, strategies and practical solutions are clearly explained to those who want to manage their own properties or own a property management business. Hard copy release in March.

Foreclosure
 
Hiring Managers
  Screening Tenants
  Maintaining Vendors
  Keeping Your Sanity
Popular Links
Evictions and how they work
Jim's Recommended Reading List
 
We are looking for other agents and brokers to co-op our lease/option program. This workshop will help all our investors.
4000 Lease/Option Leads!
 

We hit a milestone with over 4,000 subscribers to our lease/option program! We move more lease/option properties in Las Vegas than anyone else.

Property Management Links
Evictions and how they work
Resources - popular vendors