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Post Pandemic Strategies for Investing in Self Storage with Scott Krone

Two years ago, at the height of the COVID pandemic, we had only begun to see how consumer spending habits would change. Two years later, people are still spending more time at home as they try and make the most of their spare bedrooms, offices, garages, and basements. This means self-storage is still a great investment, and there's no one better to talk to about it than Scott Krone.

Scott is the owner and founder of Coda Management Group and One Stop Self Storage. He facilitates brand new self-storage development, as well as self-storage conversions. He's built a massive self-storage portfolio and it's proven to be hugely beneficial to his bottom line, even as we struggle with runaway inflation.

In today's conversation, you'll learn how the self-storage business has changed since we last checked in with him in July of 2020 and the tools he uses to evaluate markets. You'll also hear how you can use self-storage as a reactionary investment to protect yourself from volatility.

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

WEBSITE FORM HERE

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Scott Krone Featured on Lifetime CashFlow Through Real Estate Investing

On this episode of the Lifetime CashFlow Through Real Estate Investing, Rod sits down with Scott to discuss the advantages of self-storage investing. Scott walks thorough his journey and how he transitioned from other real estate asset classes into self-storage. He also walks through his typical construction process and plan for the future.  

Some key takeaways include:

  • How Scott got exposed to the self-storage industry 
  • What Scott looks for when analyzing a potential self-storage development 
  • Some major distinctions between multi-family and self-storage
  • How Scott creates efficiencies within his 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 the Saskatchewan Real Estate Podcast

On this episode of the Saskatchewan Real Estate Podcast, Scott sits down with Mortgage Professional Ron Quaroni to discuss how to spot a good investment and why you should be considering investing in self-storage. Scott also talks about his background in the industry and how all the different parts of his business work together. 

Some key takeaways include:

  • How Scott's background in architechure has helped him invest in real estete 
  • Four proven real estate investing strategies
  • Scott's advice to young real estate professionals 
  • The benefits self-storage has over traditional investing 
  • Some of the challanges Scott has faced during his career

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

WEBSITE FORM HERE

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Scott Krone Featured on Real Estate Investing Abundance

On this episode of Real Estate Investing Abundance, Scott sits down with Sachin Tiwari to discuss how he began his career in architecture and eventually founded Coda Management Group. Scott also discusses how he facilitates his investments through One Stop Self Storage.

Some key takeaways include:

  • How to invest in distressed assets and make profit
  • 3 mind-blowing facts about self storage investing
  • 4 proven passive investments
  • How to live a full life: 3 tips experts swear by

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

WEBSITE FORM HERE

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Scott Krone Featured on The Real Estate Investing Club

On this episode of The Real Estate Investing Club, Gabe Petersen sits down with Scott Krone to discuss Scott's experience investing in self-storage. Scott also speaks about his involvement in developing different single family, multi-family, and mixed-use projects. Eventually, Scott sold off his multi-family portfolio to focus his efforts on the self-storage market.  

Some key takeaways include:

  • How Scott got started in real estate and why he moved into self-storage
  • The challenges of investing through a recession 
  • How saturated the self-storage market really is 
  • Why Scott created his own brand One Stop Self Storage

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

WEBSITE FORM HERE

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Scott Krone Featured on the School of Wholesaling

Join Luc Madeus as he sits down with Scott to discuss Scott's background and how he got started in real estate investing and his entrepreneurial journey. Scott will talk through his experience in the multifamily industry, how he's made it out of multiple recessions several, and how to live life to the fullest. 

Some key takeaways include:

  • Four proven multi-family investing strategies
  • How Scott has remained flexible during market downturns
  • The benefits of developing and investing in self-storage 
  • What Scott looks for in a market before investing 

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

WEBSITE FORM HERE

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Scott Krone Featured on the Real Estate Life Podcast

On this episode of the Real Estate Life Podcast, Abiel and Scott discuss Scott's experience managing a wide range of real estate assets including single and multifamily homes, retail, warehouse, and most recently self-storage. Scott shares how he got started in real estate, and what he's learned from his experiences investing though bubbles, crashes, and periods of inflation.  

Some key takeaways include:

  • Scott's first ever real estate investment 
  • Scott's experience going through different real estate cycles 
  • Why Scott got out of multifamily investing and into self-storage
  • Scott's prediction for the future of the real estate market 

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

WEBSITE FORM HERE

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Scott Krone Featured on the How to Scale Commercial Real Estate Podcast

Join Sam Wilson with guest Scott Krone on this episode of the How to Scale Commercial Real Estate Podcast. Sam and Scott discuss why Scott prefers self-storage over multifamily, the power of sustainable construction, and more. 

Some key takeaways include:

  • How Scott broke into the commercial real estate industry 
  • Why self-storage is considered a recession-resistant asset class 
  • How Scott has simplified his business model to take some risk off the table
  • What types of buildings Scott looks for to convert into self-storage

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

WEBSITE FORM HERE

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Scott Krone Featured on The HyperFast Agent Podcast

On this episode of the HyperFast Agent Podcast, Host Dan Lesniak and Scott Krone discuss building self-storage units, risk reduction in real estate development, and the future of the storage industry. 

Some key takeaways include:

  • The difference between multi-family and self-storage spaces 
  • How to assess if an area needs more storage spaces built
  • What risk factors to expect in the self-storage market
  • The different classes of self-storage

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 Self Mastery Podcast

On this podcast episode, Scott sits down with Rohit Malhotra. Scott shares his company’s specialty of converting underperforming buildings into Class A self-storage, as well as the capital requirements for these projects and occupancy rates. 

Some key takeaways include:

  • What are the processes of converting underperforming buildings to self-storage? 
  • What are the capital requirements for self-storage?
  • Why is there a lower expense ratio for self-storage units? 

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

WEBSITE FORM HERE

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Contact Info

600 Waukegan Road, Suite 129, Northbrook, IL 60062

+1 847 272-7775
info@codamg.com

Daily: 9:00 am - 6:00 pm
Sunday: Closed

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