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Limestone Investments LLC

(702) 430-7900 Office

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(702) 690-9201 Maintenance Hotline

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
 
The increase is very marginal and I would describe as more like flat. I predict flat lining or a slight decrease through the winter with slight increases in the spring. This page has more analysis of the different real estate products in Las Vegas.
 
Builders sold 548 new homes in Southern Nevada last month, bringing the year’s tally to 5,396, down 20 percent from the same period in 2013. The median price of last month’s closings was $295,000, down less than 1 percent from a year ago.
 
Even though values of homes are increasing, Las Vegas is the leader in underwater mortgages among the top metro areas. Some 27.8 percent of local homeowners with mortgages were upside-down. That’s down from 39.6 percent a year ago and a peak of 71 percent in early 2012.
 
The construction defect debacle at City Center was settled out of court which brings the legal battle to a close. Dismantling of the building has already begun.
 
Las Vegas tourism officials say 40 million people have visited the destination in 2014, breaking an all-time record. Bring more tourists!
 
Unemployment records in October fell again with employment gains projected to jump still more through 2017, Nevada should climb back to its prerecession jobs peak in about two years.
Single Family of the Week
Single Family

$155k

3/2/2

Vacant.

Commercial of the Week
Commercial Real Estate

$1.6M

80% Occupied.

Video

Multi Families of the Week
Multi Family

$140k - 4 Units

Near Fremont

75% Occupied.

Foreclosure
eBook Released

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 December.

Now on sale for only $19.50!
Foreclosure
 
Hiring Managers
  Screening Tenants
  Maintaining Vendors
  Keeping Your Sanity

 

 
2015 Forecast
  This page explains why investors should consider commercial over residential investments.
Property Management Links
Evictions and how they work
Resources - popular vendors
Hunker Down For Winter
Thanksgiving is next week. If your property isn't filled by this weekend it will be a chilly winter for you. If your property is vacant, please contact us for installing a "Anti Theft Package." For $150 you reduce your chances of your property getting assaulted by 90%:
Popular Links
Evictions and how they work