Active or Passive Real Estate? with Self Storage Master, Corinn Altomare

Passive Wealth Strategy Show - Real Estate for Busy Pros

Corinn Altomare is a classically trained musician turned real estate investor. She spent 13 years in music, 5 years in IT project management, and 8 years in multi-family real estate – where she developed the property management and syndication functions of her company, Hearthfire Holdings. Her company most recently acquired through syndication a self-storage facility, diversifying the company’s portfolio of commercial and residential multifamily properties. She is the Co-Founder and COO of Hearthfire Holdings, a Real Estate Investment Advisory, and Syndication firm, with property management services to ensure peak performance and appreciation of each investment.

[00:01 - 13:27] Opening Segment

• Get to know Corinn Altomare
• 10 Years in Under 2 Minutes, Corinn’s Life, Career, and Business
• How Corinn and her husband found themselves in self-storage
• Self-Storage has a Very Business Model
• Years of Education

[13:28 - 23:08] Active or Passive Real Estate?

• Is this the Right Real Estate Hustle Strategy For You?
• Never Forgetting a Long Day at the Office
• Behind the Glamour
• What keeps the hustle going?
• A Whole Nother Level of Learning
• Corinn talks about how Hearthfire Holdings is growing
• Impactful yet just going with the flow

[23:09 - 31:20] Closing Segment

• Quick break for our sponsors
  • Groundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.
• What is the best investment you've ever made other than your education?
  • Her marriage
• Corinn’s worst investment
  • Sheriff sale, fix and flip

• What is the most important lesson that you've learned in business and investing?
  • “It's more fun doing it with other folks.”
• Connect with my guest. See the links below.

Tweetable Quotes:

“To do it right, and to bear that commitment to the building to the neighborhood, and to the people who are hoping to live their lives to the best of their capabilities inside of those buildings is a huge responsibility.” - Corinn Altomare

“We are building something that continues to evolve beyond my original dreams.” - Corinn Altomare

“It's more fun, we go faster, we can do more, and it's much more enjoyable to have people on the ride to share it with you” - Corinn Altomare

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Connect with Corinn Altomare through [e-mail] and LinkedIn. Visit their website https://hfireholdings.com/.

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

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