071: Jimmy Freeland & Bob Scott: Real Estate Cashflow Through Lease Options
My guests on this episode are Jim Freeland and Bob Scott from Joint Ops Properties. Joint Ops Properties, LLC, is the brainchild of two United States Military Officers and Academy Graduates. In 2014, Jim Vreeland (USMA ’03) partnered with up Bob Scott (USAFA ’06) to create Joint Ops Properties and capitalize on unique opportunities in the US Real Estate market. With decades of experience behind them and an emphasis on the St. Louis area, Joint Ops Properties has been able to secure over 100 distressed properties, often at just 30 to 40 cents on the dollar resulting in day 1 equity for their investors. Joint Ops currently focuses on single-family homes and tenants seeking a lease to own option resulting in tenant buyers with more “skin in the game” as opposed to a traditional tenant with no long term interest in the home. This tried and tested formula has resulted in a 0% default rate and a steady stream of passive income for those looking for a safe and higher return on their long term capital. As Joint Ops Properties continues to expand additional opportunities for investors are being purchased every month while families move into homes they can afford and reside in for decades to come. Share your thoughts with me on Twitter @mclaubscher and Instagram @cashflowninjapodcast