Corinn Altomare - Secrets to Self-Storage Investing Revealed: 5 Minute Success

5 Minute Success - The Podcast

Corinn Altomare is co-founder of Hearthfire Holdings – a private equity firm focused on self storage, with a growing portfolio across the Northeast and MidAtlantic regions.

Since 2012, Hearthfire has delivered an average 25% IRR to investors on their first 5 full cycle multifamily investments.

Hearthfire pivoted to self storage with a project in 2019, which went full cycle delivering 33% IRR to investors. Since that first self storage investment, they have grown the storage portfolio to another 14 locations across 5 states, and have invested significantly in the systems and management team to support the growth.

Corinn holds a Masters in Music Performance from the University of Southern California.

In this episode, Karen and Corinn discuss:

• Success Story of Corinn

• Commit to Get Leads

• Laser focus on the brokers in your niche in your area and build the relationships there.

• Consult to Sell

• You can maximize current locations with technology and revenue management that can be leveraged to increase your sales.

• Connect to Build and Grow

• It is not possible to continue to grow on your own, you will reach a point where you cannot go further alone. You want to focus on your core values, then bring in the team that also can deliver on that vision with those values.

• Success Thinking, Activities and Vision

• Partner with those who compliment your strengths and weaknesses. Together you will go further than if you aim for success alone.

• Sweet Spot of Success

"We did not launch this meaning to grow this into a full fledged business that it is today. That vision and evolution really happened kind of organically as we continued seeking to scale and improve upon who we are and how we could really deliver fantastic returns to our investors through rocky times."- Corinn Altomare

Connect with Corinn Altomare:

Website: https://hfireholdings.com/

Email: [e-mail]

LinkedIn: https://www.linkedin.com/company/hearthfire-holdings/

About the Podcast

Join host Karen Briscoe each month to learn how you can achieve success at a higher level by investing just 5 minutes a day! Tune in to hear powerful, inspirational success stories and expert insights from entrepreneurs, business owners, industry leaders, and real estate agents that will transform your business and life. Karen shares a-ha moments that have shaped her career and discusses key concepts from her book Real Estate Success in 5 Minutes a Day: Secrets of a Top Agent Revealed.

Here’s to your success in business and in life!

Connect with Karen Briscoe:

Twitter: @5MinuteSuccess

Facebook: 5MinuteSuccess

Website: 5MinuteSuccess.com

Email: [e-mail]

5 Minute Success Links

Learn more about Karen’s book, Real Estate Success in 5 Minutes a Day

Karen also recommends Moira Lethbridge's book "Savvy Woman in 5 Minutes a Day"

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