From Multifamily to Self-Storage with Corinn Altomare

Corinn Altomare is a musician turned real estate investor, originally from Los Angeles and now based in Philadelphia. She spent 13 years in music, five years in IT project management, and 8 years in multifamily, before pivoting to self-storage in 2019. She is on the operations side of her company, Heartfire Holdings, co-founded with her husband, Sergio. 

[00:01][08:18] Opening Segment

  • Let’s get to know Corinn Altomare
  • Corinn talks about her background
  • Corinn talks about units and assets they have in their portfolio
  • Setting up Heartfire to manage their assets
  • Lessons they have learned as they acquired assets
  • The process on their purchases
  • Ways they educate people who invest with them
  • First deal they syndicated

[08:19][16:22] From Multifamily to Self-Storage

  • Their transition from Multifamily to Self-Storage
    • 3-year transition
  • Educating themselves on the Self-storage space
  • Unit sizes they deal with
  • What attracted them to the self-storage space
  • Returns on self-storage compared to other asset classes

[16:23][18:56] Closing Segment

  • Corinn’s advice to aspiring investors
    • Surround yourself with people better than you
  • How she stays on top of her game
  • Her way to make the world a better place
  • How to reach out to our guest – links below
  • Final words

Tweetable Quotes:

“What we liked about self-storage is that it provides a need, whether we’re in an upcycle or a downcycle.” – Corinn Altomare

“Surround yourself with people better than you. Better, smarter, faster, stronger, just do it.” – Corinn Altomare

Resources Mentioned: 

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Connect with Corinn, send her an email at corinn@hfireholdings.com. Visit their website https://hfireholdings.com/ 

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I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.

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