347 - More Self-Storage Pointers and Ideas for Beginners with Scott Krone
Episode description
We’ve got more helpful insights about the self-storage business for you in today’s episode with Scott Krone, plus some crazy stuff about his friend who owns a self-storage facility. Learn all this and more when you press that play button!
Key takeaways to listen for
- Cap rate and compression: Their impact on asset values and returns
- Self-storage investment vs. multifamily housing
- Market areas and big demand in RV and boat storage
- More self-storage investing tips for beginners
- How technology and the global pandemic affected the self-storage industry
Resources mentioned in this episode
Send an email to info@codamg.com and mention this podcast to get a FREE self-storage deal analyzer and feasibility study designed for your self-storage needs.
About Scott Krone
Scott is a Chicago native whose career in architecture began in 1991 by pursuing his Masters of Architecture from the Illinois Institute of Technology. While obtaining his degree, he also worked as a Project Manager for Optima, Inc. During his time at Optima, Krone’s responsibilities included notable projects such as the 400-unit Cormandel in Deerfield, IL, the 40-unit HedgeRow in Winnetka, IL, and the 51-unit Optima Center Wilmette in Wilmette, IL.
In 2012, Krone founded Coda Management Group – a firm that specializes in managing real estate assets. Since its inception, Coda manages a wide range of real estate including single and multi-family homes, retail, commercial warehouse, self-storage, and multi-use flex athletic spaces. Currently, the platform of investments is in excess of $55 million.
Connect with Scott
- Facebook: CODA Management Group
- Email: info@codamg.com
Connect with Leigh
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