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347 - More Self-Storage Pointers and Ideas for Beginners with Scott Krone

347 - More Self-Storage Pointers and Ideas for Beginners with Scott Krone

Season 1 Episode 347 Published 4 years ago
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

 

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