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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
 
Prices will probably remain flat until November and then decrease in the winter as it always does. The best time to pick up SFRs this year will be in December. I predict a modest increase starting March 2015. Overall, there simply nothing exciting to report on real estate this week.
 
hose results made for the 43rd straight month of annual increases, said Bill Anderson, the employment department’s chief economist. In fact, July was the sixth consecutive month with year-to-year gains of more than 40,000, a streak the state hasn't’t seen since the boom in mid-2006.
 
The Harmon was designed as a 48-story tower amid the $8.5 billion CityCenter complex that opened in 2009. But construction stopped in 2008 after inspectors found flaws in the steel reinforcements of the concrete structure. Lawsuits are flying like crazy - there will be blood.
 
The first monthly report on online poker gaming win showed it exceeded only bingo compared to other casino games, slot machines and sports betting.
 
This classic dive bar will open next Monday. Home to live music and cheap beer, good times are ahead. I will report back to you next week on the opening.
Soccer Stadum
Ifindproperties.com
Multi Families of the Week
Multi Family

$320k - 6 Units

100% Occupied.

Multi Family

$45k - Condo

Vacant.

Address Of Record
 

Many of you still use your personal names and your home address as the address of record for your income properties. A few of our investors are learning this lesson the hard way this year because they didn't follow our advice before you purchased the property. This page covers some basic tips on what to do if you are currently running with scissors.

Book To Be Released
Foreclosure
A Fist Full of Properties

I just finished writing a book for property managers. Editors are hacking at it now and illustrations will be finished by October. Estimated release date will be November 1st.

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