ifindproperties.com

Limestone Investments, LLC

 (702) 430-7900

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
 
Inventory is beginning to increase as flippers are asking a bit too much for their homes. We will probably see a slight pause in rising prices and then go crazy again in June when all the primary peeps drag their kids along to see houses.
 
The Vegas valley has had a 100,000 increase in people in the last 2 years. This is good news for investors as real estate becomes more scarce.
 
At $51k per door, that was a good buy. Even if it's in a "D" neighborhood, that thing will cash flow like crazy. More details about the acquisition and the company are here.
 
This trend will continue as all the weak have been eaten already and the banks are just going to slowly get rid of their inventory. No new news here.
 
Their goal is to finish everything up for the holiday shopping sprees. That's impressive as this area was just a pile of dirt last year.
 
There is so much construction going on around the valley that it's hard to keep track of everything. This 60,000 square foot mall will have 150 shops.
 
There are a lot of politics involved in providing an improved road from Vegas to Phoenix. This increase in traffic will have a huge impact on Vegas when it's completed.
 
What? Are you kidding me? Just when I thought Fremont couldn't get any better.
Photo
Courtesy Vegas Inc
Ifindproperties.com
Multi Family

$432k / 12 units

Occupied

Single Family

 

$75k - 4/2/0

Vacant

Single Family Investor Package
Commercial

$1M - 7 Houses

Tenant Occupied worth about $1.1M

We Are Changing Banks
 
Last week, we started moving our banking operations to Chase so we can pay all our vendors and investors electronically. If have a delay in your payment, please be patient.
Summer Time
 
We are getting a ton of HOA love letters for weeds. If you get an HOA violation, please send it to Wendi at This email address is being protected from spambots. You need JavaScript enabled to view it. .
Popular Links
Mass Lockout Video - New - This is what happens to investors who buy stuff without help from us. This building was full of squatters.
How Does Maintenance Work
Why Partnerships Don't Work
Market Analysis Page
Evictions and how they work
Archived & recent news
Resources - popular vendors