Ep #680 - Turning Old Factories Into Self Storage

Lifetime Cash Flow Through Real Estate Investing

Rod Khleif

Passive, Estate, Family, Business, Management, Income, Multifamily, Apartment, Education, Multi, Property, Commercial, Real, Investing, Investor

4.8 • 1.4K Ratings

🗓️ 27 April 2022

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

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. In 2012, Krone founded Coda Management Group – a firm who specializes in managing real estate assets.

Here’s some of the topics we covered:

The differences in MF & Self Storage
Turning old factories into self storage
The Flexibility of self storage
Restrictions in Self Storage vs MF
Construction time
Low tech properties vs. high tech properties

To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected]

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Transcript

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0:00.0	Welcome, this is the Lifetime Cash Flow through Real Estate Investing Podcast.
0:06.8	This is where you'll learn strategies to help you achieve lifetime financial freedom through
0:10.7	real estate investment.
0:13.1	Your host, Rod Cleef, has owned over 2,000 homes in apartments.
0:17.5	And he brings experts in all aspects of real estate investment and management onto the show.
0:22.8	Now, here's your host, Rod Cleef.
0:27.6	Welcome to another edition of How to Build Lifetime Cash Flow through Real Estate Investing.
0:31.4	I'm Rod Cleef, and I'm thrilled you're here.
0:34.2	And I know you're going to get tremendous value from the interview we're having today.
0:37.8	It's with a gentleman named Scott Krohn, and he's with Coda Management Group, and that's
0:41.7	CodaMG.com.
0:43.7	And Scott comes from the multi-family world, and now is in the self-storage world.
0:48.6	So we really haven't talked about self-storage much on this podcast.
0:53.6	And it's an asset class that I feel very strongly about as well.
0:57.0	I feel like it's a great asset class.
0:59.0	So this should be a lot of fun today.
1:00.8	Scott, welcome to show, buddy.
1:02.4	Thanks for having me.
1:02.9	I appreciate your time.
1:04.2	Yeah, absolutely.
1:05.1	So maybe you could just talk a little bit about your journey, and ultimately land on that
1:11.0	transition from other asset classes to self-storage, and take it away.
	...

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