Wed, 25 March 2020
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.
[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?