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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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Las Vegas Real Estate News

 
Just 2.2 percent of home sales in the Las Vegas area last year went to “institutional” investors, or non lenders who buy at least 10 homes per year. That’s down from 7.6 percent in 2014 and 14.1 percent in 2013. The margins simply get smaller and smaller for single family homes.
 
The Mercer, a planned 175-unit luxury apartment complex at Tropicana Avenue and Grand Canyon Drive that broke ground on Jan. 15. The four-story project will feature one and two bedroom units, along with townhouse and penthouse units. Occupancy is expected in the first quarter of 2017.
 
Technology is making it easier and easier for people to work from home or on the road. This is another reason why we are not recommending office properties to our investors.
 
This is an outstanding article that is covers the advantages and disadvantages of Series LLCs verses traditional LLCs. We highly recommend our investors move their assets out of their personal names. If you are considering making this move, this article is a must read.
Multi Family

$130k - 3/2/2

Vacant - Major Rehab

Multi Family of the Week
Multi Family

$370k - 10 Units

__% Occupied.

Commercial of the Week
Multi Family

$640k - Mixed Use

100% Occupied.

1099s Distributed
If you have not received your 1099, please contact your property manager.
Foreclosure

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

Foreclosure

Web Site Rehab

 
Estimated Completion 2/15/2016
 
We will fix all the spelling errors :)
 
Data Base Rehab scheduled spring 2016
   
Popular Links
Evictions and how they work
Property Management Links
Evictions and how they work
Resources - popular vendors