SA265 | How to Make an Impressive Profit From Self-Storage Assets with Scott Krone
Scott Krone
Despite the recent recession and demographic shifts, few building types have maintained revenues like self-storage. Listen to today’s episode with Scott Krone to find out why self-storage has been one of the most secure investments in real estate over the last fifty years.
Key Takeaways To Listen For
- Considerations for self-storage facility development
- How to manage various self-storage properties
- Ways to implement new systems that function well
- The importance of daily, weekly, and monthly reports
- Strategic methods to remotely manage a self-storage facility
- Process on converting a building into a self-storage facility
Resources Mentioned In This Episode
To learn more about self-storage investing and get a FREE feasibility study, send an email to info@codamg.com.
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 Coromandel 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 has managed 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.
Krone has authored High-Performance Homes – Navigating the Green Road to Your Dream Home, a book for homeowners seeking to incorporate green technology into their homes.
Most recently, Scott also founded a revolutionary storage business The One Stop Self-Storage. It’s committed to making its members’ time of transition rewarding and strives to remove challenges and hurdles commonly found in the industry. The One Stop brand is built upon the premise of providing the best in storage solutions contained in sustainable, renewable construction and it’s located in WI, OH, KY, and ME (Milwaukee, Toledo, Dayton, Ellsworth, and soon to Louisville and Chicago).
Krone resides in Wilmette, IL, with his wife and three children.
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Connect with Scott:
- Website: Coda Management Group
- LinkedIn: Scott Krone
- Facebook: Coda Management Group