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 [email protected] 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: [email protected]   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