Take a listen to this podcast episode where Scott Krone and Scott Meyers discuss converting distressed buildings into successful self-storage units. Scott Meyers actually helped expose Scott Krone to self-storage via a previous client. Scott shares some of his most recent projects, what his take is on the economic climate and how it affects self-storage businesses, and how Scott's background in architecture has helped him identify ideal projects to convert.

Some key takeaways include:

• What happened with some of Scott's projects when the pandemic first hit
• How Scott gets his greatest developments and shortest zoning time frames in recessions
• What types of buildings are great for conversion projects
• Scott's advice for how fast you should move ahead with projects during the recession

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

On this podcast episode, Scott talks to Sam Newell about investing in self-storage facilities, opportunity zones, and the difference between generating income and building wealth. 

Some key takeaways include:

• How Scott generates income through self-storage facilities 
• The misconception that real estate is a "get rich quick scheme" 
• Scott's process of converting assets into self-storage 
• Why self-storage is essential 
• Scott's advice on opportunity zones 

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

On this episode of the Wealth Through Real Estate Investing Podcast, Scott sits down with Dwaine Clark to discuss his transition from residential/multi-family real estate into self-storage. 

Some key takeaways include:

• What initially drew Scott to the self-storage industry 
• Why self-storage is more demographiccly focused than other asset classes 
• Scott's criteria for inestment 
• Scott's prediction on the future of the self-storage industry 

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

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!

On this podcast episode, Scott sits down with Ruben to discuss his unique prespective on real estate as he is able to tackle real estate experiments with 3 different sets of lenses, one as an architecht, developer and one as an investor. 

Some key takeaways include:

• Scott's unconventional route in real estate investing as a student in an Architecture graduate program
• Scott's success of taking underperforming commercial buildings and converting them to valued assets
• How having an architectural background can be beneficial in real estate investing 
• Knowing what real estate investing is good for you 

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

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!

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!

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!

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!