Real Estate Through The Lens of an Architect, Developer and Investor - Scott Krone Episode #108

GUEST BIO We are joined in the lab by Scott Krone. Scott joins us with a very unique perspective of real estate as he is able to tackle real estate experiments with 3 different sets of lenses, one as an architect, developer and one as a investor. He is the founder of the Coda Management Group which to date has over 55 million in investments under its belt. Scott took the unconventional route in real estate investing as a student  in an Architecture graduate program. This background has contributed to his company’s present success of taking underperforming commercial buildings and converting them to valued assets. Scott tells us how he managed a wide range of real estate properties with the main focus on self-storage investing. Scott has found his technical 3-lens expertise invaluable in the evaluation of properties and teaches us how a person doesn't always end up the path he started and how this will still turn out for the best. If you wish to learn more about self-storage investing, you’re going to be inspired with Scott’s journey. Let’s tune in! HIGHLIGHTS OF THE EPISODE 01:49 - Guest Background 05:48 - Real Estate Architect vs real estate developer 08:16 - Relevance of having an architectural background being a real estate developer 14:06 - Knowing what real estate investing is good for you KEEPING IT REAL 20:21 - Solving people’s problem becomes sales 28:51 -  Knowing which sector is taking the biggest hit 35:49 -  Buying home strategy 37:57 -  Common misconception in real estate 40:50 -  Knowing a pro person versus the authority 42:43 -  Overcoming obstacles RAPID FIRE QUESTIONS 46:23 - Best Habit - beginning my mornings at 5:30 am 47:29 - Favorite book - The road back to you by Ian Morgan Cron 49:20 - Favorite Real Estate product - Self Storage BOOKS MENTIONED IN THIS SHOW Miracle morning by Hal Elrod The road back to you by Ian Morgan Cron NOTABLE QUOTES (KEY LESSONS): “ I was choosing between two different programs, and that one seems to resonate a little bit more about me. I can’t tell you exactly why at this point in time, but I think that’s life, you just have to take steps and faith and then ultimately it works out.” 11:36 - 11:51 “In order to sell yourself, you have to know what your potential client is willing to buy or wants to buy.” 21:09 - 21:15 CONNECTING WITH THE GUEST LinkedIn  Codamg.com [email protected] #ExperimentRealEstate