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Limestone Investments LLC

(702) 430-7900 Office

Click Here to Pay Rent
(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
 
New-home sales, after coming back to life in 2013 and 2012 from the depths of the recession, have sunk this year as primary buyers, saddled with credit woes, flat wages and sticker shock, can’t pay higher listing prices. The only growth will be in the very high end homes. Expect resale homes to remain flat until the spring.
 

Californians are purchasing these lots with views for a premium. To prevent cookie-cutter homes from blanketing the mountain, the builder is imposing design restrictions to ensure each house has a unique, contemporary desert-themed look. Also, they are not selling lots to builders who would construct homes without buyers lined up.

 
North Las Vegas has written legislation to lure businesses with tax incentives to the Apex site. However, the lack of utilities prevent that area from really growing. I doubt this will have any real effect on business growth.
 
This is huge benefit to the Fremont investors. Until now, the only way to get real food was to travel to the burbs. The 6,000-square-foot space will hold about 10,000 items on its shelves, much less than a conventional grocery but a welcome site. The Market’s general manager, said the store will offer a wide selection of organic and gluten-free foods, as well as Ho Hos cakes. Which is important I guess.
 
I think this massive project has over reached retail potential. I'm not convinced they will be able to fill this development and it will struggle financially for years to come. Summerlin is filled with soccer moms and retirees. Walmart is more practical and sure to keep most of their business.
Book Release - December 1st
Foreclosure

A Fist Full of Properties

Estimated release date will be December 1st. This book was written for property management companies - tips and techniques for a profitable business.

Ifindproperties.com
Multi Families of the Week
Multi Family

$180k - 7 Units

70% Occupied.

Single Family of the Week
Multi Family

$190k - 3/2/2

Approved Short Sale - Tenant Occupied.

Greek Property Manager
While traveling Eastern Europe I got a chance to interview property managers from different nationalities. Curious as to what other countries are like? Here is a property management interview from Greece.
Multi Family
Popular Links
Evictions and how they work
Resources - popular vendors