Accelerated Real Estate Investor 291: 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–and still trying to 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 and One Stop Self Storage. He does brand new self-storage development, as well as self-storage conversion. 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 all sorts of volatility.
P.S. If you'd like to learn more about Scott's business and find out if self-storage could be a good investment for you, he's kindly offered listeners of this podcast access to his self-storage analysis tool. Just send an email to info@codamg.com to get connected and discover how it works!
Key Takeaways with Scott Krone
- How self-storage helps people through difficult times.
- Why businesses are starting to use self-storage just as much as individuals.
- How recessions benefit the self-storage industry.
- The metrics and software tools Scott uses to look at self-storage investments.
- What Scott has done to build brands and credibility within his portfolio.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/291
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