About Scott & Quinn Real Estate and JK Investments

Over the past twenty-two years, Jim Scott has offered investment partnerships to his clients. Usually in the form of tenants-in-common or limited partnerships, these investment vehicles featured pools of single-family homes or apartment buildings. These partnerships allowed clients to invest small amounts of capital and avoid the headaches of management.

In spite of pass successes with all of these ventures, changing market conditions after 2002 made those formulas less profitable. Buying pools of houses began to be more risky for two reasons. First, the market was at or nearing the peak. Since this investment’s profitability is based completely on appreciation, future success seemed less likely. Apartment purchases, long a staple with Jim, began to be priced higher than historic peaks. The trend to converting apartments to condominiums contributed to this along with several other factors such as low interest rates and a disappointing stock market.

The lack of investment opportunities was solved when Jeff Quinn, one of the founders of Scott & Quinn Real Estate, formed JK Investments. Teaming with his friend of thirty years, Ken Weiner, the new company focused on providing cash flow investments for our mutual client base. Jeff brought his considerable experience as a developer and broker to the table. Ken added in his twenty-plus years of experience in owning, developing and operating mobile home and RV parks.

JK Investments and Scott & Quinn then formed a strategic alliance to produce quality investments for our client base with below market management fees. In 2002 the team began forming Limited Liability Corporations. The group began a difficult search for cash flow properties in the Southwest. The investments thus far have been in Southern California, Arizona, Valencia, Spain and Nevada. The product mix has primarily focused on self-storage projects and mobile home parks.

JK has a regional partner in Storage One, a Las Vegas based operator and developer of self-storage products. JK and Storage One now have two self-storage projects under construction. You can learn about Storage One, the largest operator of self-storage projects in Las Vegas, at www.gostorageone.com.

The goal of all of these projects is to provide profitable and low-cost opportunities for investors with as little as $25,000 to invest. Typically these properties are held for five to seven years. The investors, by majority vote, control the major decisions that affect the property such as when to sell and whether or not to refinance.

The core philosophy of the principals is based on solid real estate experience, the highest standard of personal integrity and a commitment to minimizing risk to the investors. Jeff, Jim and Ken have been successful thus far in attracting capital precisely because of those qualities. They are not new to San Diego, or to this business, and investors have an opportunity to participate with three quality individuals in outstanding real estate ventures. For more information on JK Investments, please visit www.jkip.com.