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

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


Please subscribe to this podcast in iTunes or in the Podcasts App
on your phone, and never miss a beat from Leigh by
visiting https://leighbrown.com. DM Leigh Brown
on Instagram or on Twitter or any social
networks by clicking here.


Subscribe to Leigh's other podcast Real Estate From The
Rooftops!


Sponsor


Leigh Brown University


Enroll NOW to start scaling YOUR Real Estate business!


Link: https://www.leighbrownuniversity.com/advanced