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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
  Foreclosure
 

This proves once again "location, location, location" is a bunch of hooey. You will notice for example that 89030 - aka North Las Vegas appreciated 42% while 89144 - aka Summerlin depreciated 8%!

At Limestone Investments, we preach "value, value, value." Investors who followed our processes and focused on assets listed below market made bank. You can now safely roll your eyes at the next cocktail party when someone starts preaching that crap.

 
Don't like your casino? Blow it up. I love Las Vegas. There are 2 scheduled for February. Feb 10th we are blowing up the Clarion and then we are blowing up Manhattan West on Feb 15th. Bring your picnic basket and enjoy the show! Vegas is always reinventing itself.
Single Family of the Week
Multi Family

$145k - Units

Vacant

Flip Of The Week
Flip

$90k - SFR w/Pool

Vacant

Multi Families of the Week
Multi Family

$324k - 7 Units

100% 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 March.

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.
Popular Links
Evictions and how they work
Property Management Links
Evictions and how they work
Resources - popular vendors
Improvements for 2015
1
Tenant Screening - We have already implemented a new application process for filtering out unwanted tenants. Even though our techniques are better than most, we are going to use even more tools this year to filter out unwanted tenants.
2
Theft Prevention - We are going to be using more sophisticated methods for monitoring vacant properties.
3
Multi Family Custodians - Since we have been accumulating more custodian prospects, we are able to be more selective about who will be at our properties.
4
More Agents - This year will actively solicit more agents to handle the increasing volume of business. We are completely slammed and need more agents to take on new customers.