215: Opportunity Zone, Pace Financing, Historic Tax Credits, & Scott Krone
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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\\u2019s development strategies.
Key Takeaways:
[3:35] With \\u2018green\\u2019 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:
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