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

50% of the option fee.
 Start Up $0
5% for rent collection and management.
Bounties to other agents are included.


10% for single family properties
$50 per door on multi family properties
 Start Up $100 (each door in a multi family)
Bounty to other agents.
75% of first month rent
 Start Up $0
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
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
Most of our business is by referral.

Want to receive weekly news?

This includes our top investment picks, local real estate news with commentary and tips of the week.
Opt out anytime. We don't sell your information as that's not cool. Here are archived broadcasts.
Email Address First Name Last Name


Vegas Real Estate News

The number of underwater homes continue to decrease as prices rise. An estimated 26.4 percent of Southern Nevada homeowners with mortgages were underwater — meaning their debt outweighed their home value — in the fourth quarter last year.

No one is debating that interest rates will rise. It's only a matter of time and how much. This of course will dampen real estate sales. The median sales price of last month’s closings was $297,860, up less than 1 percent year over year, though builders also pulled 661 new-home permits in February, up 71 percent from a year earlier.
This announcement is HUGE. This former sleeping giant will awake May 5th to create another mega resort. Mega resorts create jobs and attract more tourists and will have a massive impact on Las Vegas. Yay!
However, I think it's still too early to buy into it. Strip malls provide better cash returns and they are still relatively cheap. Individual investors will likely gravitate toward smaller office parks near amenities, while institutional investors will focus on acquiring assets near downtown redevelopment projects, as well as Class A space along the 215 Beltway and in and around Summerlin.
Commercial of the Week
Strip Mall

$1.3M - 70% Occupied


Single Family of the Week
Single Family

$136k - 3/2/2


Multi Families of the Week
Multi Family

$170k - 4 Units

100% Occupied.

Hard Copy Now Available

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.

Hiring Managers
  Screening Tenants
  Maintaining Vendors
  Keeping Your Sanity
2015 Forecast
Popular Links
Evictions and how they work
Jim's Recommended Reading List
New Maintenance Team Member
Barbara Toft

Barbara Toft

Our new dispatch person for maintenance. We are getting ready for a busy summer.

4000 Lease/Option Leads!

We hit a milestone with over 4,000 subscribers to our lease/option program! We move more lease/option properties in Las Vegas than anyone else.

Property Management Links
Evictions and how they work
Resources - popular vendors