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Scott Krone Featured on The Road to Family Freedom Podcast

On this podcast episode, Neil and Scott discuss the journey Coda Management Group has had since it's inception in 2012. Scott shares about his company’s specialty, which is converting older buildings into Class A self-storage facilities, the challenges of dealing with city zoning departments, the kinds of building they stay away from, and an existing tax loophole called Opportunity Zones that allows you to wipe out the tax burden on all capital gains.

Some key takeaways include:

  • Converting older buildings into Class A self-storage facilities
  • The challenges of dealing with city zoning departments
  • The kinds of building they stay away from
  • A tax loophole called Opportunity Zones that can, if used correctly, allow you to wipe out the tax burden on all capital gains

Listen to the full interview and read the complete show notes here!

WEBSITE FORM HERE

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Scott Krone Featured on the Going Long Podcast

Listen to this podcast interview with Scott Krone and Billy Keels from the Going Long Podcast where the two discuss Scott's journey from architecture into Self Storage investments. Scott shares everything you need to know about transforming a building into a Self Storage facility, how he picks his market locations, and even about green investment opportunities.
Some key takeaways include:

  • How Scott moved forward when the dream of taking over the family business didn’t work out
  • The lowdown on the Self Storage Space
  • All about the practicalities of transforming a building into a Self Storage facility
  • How to know a good Self Storage investment opportunity
  • Scott’s reason for Going Long with his investments
  • How Scott and his team work out which market locations to choose
  • The various asset classes in the Self Storage Space, and the different benefits of
  • Development and Value Add
  • All about Green Investment Opportunities
  • What is PACE?
  • How Scott is preparing for the future in these uncertain times

Listen to the full interview and read the complete show notes here!

WEBSITE FORM HERE

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Scott Krone Featured on the Smart Real Estate Coach Podcast

Listen to Scott sit down with Chris Prefontaine as Scott shares about his career starting in architecture in 1991 all the way into owning Coda Management Group with $55 million in investments today.

While obtaining his degree, Scott worked as a Project Manager for Optima, Inc. During his time at Optima, Krone’s responsibilities included such notable projects 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, Scott 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.

Some key takeaways include:

  • How architecture served as Scott’s gateway to real estate investing, and how he founded Coda in 1998 and later transitioned to self-storage
  • Why the appeal of the self-storage niche lies in its lowered risk exposure and ease of risk management and mitigation
  • Why self-storage is especially recession-resistant, and how to break into self-storage investing
  • How partnering with investors helped Coda break into the self-storage niche, and how they offer a number of different vehicles for investors
  • What areas of the country Scott considers to be “oversaturated”, and why Coda focuses on the Midwest
  • How being classified as essential during the pandemic has been a boon for Coda, and how the pandemic has impacted their business
  • Why the number one mistake Scott sees investors making is overpaying for an asset, and why systematizing the business has been crucial for Coda’s growth and success
  • Why the relationships Scott has formed are what he considers to be his biggest wins in life, and why paying for coaching is worthwhile
  • How to get a free call with the team at Coda Management Group, where you can ask questions about self-storage and even partnering with Coda

Listen to the full interview and read the complete show notes here!

WEBSITE FORM HERE

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Scott Krone Featured on Bulletproof Cashflow

Scott Krone shares with Agostino Pintus about his experience going from single-family, multi-family, mixed-use apartments, to the management and development of self-storage facilities. Scott's current portfolio consists of over 47 syndications and over 2,750 storage units under management. In this episode, Scott will be explaining how to take your multifamily real estate business to the next level and diversify into self-storage facilities. 

Some key takeaways include:

  • How to take your multifamily real estate business to the next level
  • How to diversify into self-storage facilities
  • What it took to grow his portfolio into over 2,750 storage units
  • What Scott does to identify key locations for self-storage facilities

Listen to the full interview and read the complete show notes here!

WEBSITE FORM HERE

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Scott Krone Featured on REI Brothers

Scott sits down with German and Oscar Buendia to talk all about self-storage investing. At Coda Management Group, Scott purchases underutilized commercial properties and converts them to self storage facilities. In this episode, he shares the amazing advantages and benefits you can have with self storage properties.

Some key takeaways include:

  • How Scott got into the real estate industry and started his own company at 28
  • The predictability that comes with owning a self-storage
  • How to identify a property and go through the process of conversion
  • Demographics to consider
  • Why self-storage is a recession resistant asset
  • How Coda Management Group doubled their occupancy rate during COVID-19

Listen to the full interview and read the complete show notes here!

WEBSITE FORM HERE

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Scott Krone Featured on Money Talkers

Listen to Scott Krone meet with Cody Loughlin on Money Talkers and share his story from starting in real estate to having investments today in excess of $55M.

Some key takeaways from the interview include:

  • What Scott's first real estate transaction was in his early 20s
  • The valuable lessons he's learned from real estate investing
  • How Scott built his team
  • How Scott manages everything from single and multi-family homes, retail, commercial warehouse and self-storage and multi-use flex athletic spaces
  • A surprising statistic about real estate investing that will shock you! 

Listen to the full interview and read the complete show notes here!

WEBSITE FORM HERE

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Scott Krone Featured on Money Talkers (Two)

On Scott's second interview with Cody Loughlin on Money Talkers, Scott talks about our decaying asset of time.

"How do we maximize that time and how do we create revenue when we are not working.

When we do work, let’s just say we are an employee, our maximum income is based on how much time we put into that job.

There is a value that you’re putting on it that is taking away from other things in your life, like family and recreation, but if you can create a job, you can create an industry that is making money when you’re sleeping, your time becomes more valuable." - Scott Krone 

Listen to the full interview and read the complete show notes here!

WEBSITE FORM HERE

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Scott Krone Featured on The Life Worth Chasing Podcast

In this recent episode with Chase Maher, Scott Krone shares how to get started in self storage and opportunity zone investing, which is a recession resistant asset class great to invest in over the next 12-18 months.

Mr. Krone 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 such notable projects 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 who specializes in managing real estate assets. Since its inception, Coda has 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.

 

In 1998, Krone founded Coda, an award winning Design + Build | Sustainability | Consulting firm. Since its inception, Coda has won numerous design/build awards including the international Green GOOD Design Award in 2010, Best of Houzz 2014 and 2015, and Design Evanston Award. Their work has been featured in notable publications as Dream Homes – Chicago, Midwest Luxury Homes, Crate & Barrel 2010 Best Catalogs, NBC TV Show Taste, and national ACE Hardware Commercials.

 

Some key takeaways from the interview include:

  • The 3 distinct classes of Self Storage
  • Which class of Self Storage is best for beginners
  • How to finance Self Storage
  • The buying criteria for a successful Self Storage investor
  • Zoning and other tips for Self Storage
  • Why Self Storage is Recession Resistant 

Listen to the full interview and read the complete show notes here!

WEBSITE FORM HERE

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Scott Krone Featured on the Peer 2 Peer Real Estate Show

Listen in this episode to William Morales meet with Scott Krone, 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 such notable projects 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 co-founded SSSK Capital Fund – a firm who specializes in managing real estate assets. Since its inception, SSSK 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 $30 million.

In 2018, SSSK Capital Fund was re-branded to Coda Management Group to complement his design build firm Coda Design + Build. Krone founded Coda in 1998. Coda Design + Build is an international award winning design and build firm which specializes in sustainable building practices.

 

Some key takeaways from the interview include:

  • The different types of storage units and where they're located
  • How Scott found and funded his first deal
  • How Scott's storage facilities are designed and managed
  • What the typical cap rates are
  • The most cost effective and competitive advantages of Scott's properties
  • Where Scott finds his data to find feasibility reports

Listen to the full interview and read the complete show notes here!

WEBSITE FORM HERE

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Scott Krone Featured on The Forever Cash Podcast

On this podcast episode, Jack Bosch talks with Scott Krone, a Chicago native whose career in architecture began in 1991 by pursuing his Masters of Architecture from the Illinois Institute of Technology.

In 2012, Krone founded Coda Management Group – a firm who 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 $54 million. 

In addition, Krone has authored High Performance Homes – Navigating the Green Road to Your Dream Home, a book for homeowner’s seeking to incorporate green technology into their home.

Jack Bosch talks to Scott about his work in the real estate space – specifically around some of the unique and interesting ways he has gone about structuring his investments. Have you ever thought of turning an asset into a national park? It’s possible! And Scott explains how. He also discusses his career history as well as giving us a crash course into the world of self storage. This episode is perfect for you if you are looking to step up your game.

Some key insights on this episode are:

  • Learn about Scott Krone’s career history
  • Find out about investing in self storage
  • Learn about some unique ways to structure your investments
  • Find out about opportunity zones


Listen to the full interview and read the complete show notes here!

WEBSITE FORM HERE

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