EP#227 Self Storage a recession resistant asset with Scott Krone

Send us Fan MailToday I chatted with Scott Krone, Founder Coda Management GroupScott 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 specialises 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 and self-storage and multi-use flex athletic spaces. Currently, the platform of investments is in excess of $55 million. Episode Spotlights- Impact of design on cost, and space - Effective space management while designing a building structure- Appreciating the predictability of self-storage even during recessions - Self-storage is like the step-child, Cinderella of real estate-  How lending works for a newly constructed self-storage unit- Implementing  tax shelters to increase ROI- Thinking about the ultimate exit strategyBook Recommendations- The road back to youConnect with Scott:Email: [email protected] Website: https://www.codamg.com/Grab your freebie - Tips for Multifamily Investing at www.ushacapital.comFound this episode insightful? Show us some love by spreading the word on social media or  rating and reviewing the show here - https://podcasts.apple.com/us/podcast/multifamily-ap360/id1522097213Follow Rama on socials!LinkedIn | Meta | Twitter | InstagramConnect to Rama KrishnaE-mail: [email protected]: www.ushacapitaSupport the showFollow Rama on socials!LinkedIn | Meta | Twitter | Instagram|YoutubeConnect to Rama Krishnahttps://calendly.com/rama-krishna/ E-mail: [email protected]: www.ushacapital.comRegister for Multifamily AP360 - 2026   virtual conference - https://mfap360.com/To find out more about partnering or investing in a multifamily deal:  email: [email protected]