215: Opportunity Zone, Pace Financing, Historic Tax Credits, & Scott Krone

Jason is joined by guest Scott Krone to discuss his creative approach to converting units into self-storage units. Scott discusses some insight on opportunity zone, PACE financing, and historical tax credits. Scott, coming from an architectural background, looks at the property a little differently than most developers with a keen eye for improvements. Take a peek at some of Scott’s development strategies.

Key Takeaways:

[3:35] With ‘green’ being a more common platform, reusing and readapting a building not only suited this but also was more cost-effective

[5:03] Does Lead Certification apply to self-storage facilities?

[8:00] How does Pace Financing work?

[12:05] How do the interest rates compare to commercial loans?

[14:28] From an architectural standpoint, how do you figure the optimum amount for property improvements?

Websites:

www.JasonHartman.com

www.CodaMG.com