Financial Freedom with Real Estate Investing: Michael Blank | What Makes Self-Storage Recession Resistant - With guest Sergio Altomare

What are the three most recession-resistant asset classes in real estate?

Even in challenging economic times, multifamily, mobile home parks, and self-storage perform quite well.

Our very own Sergio Altomare built a portfolio of small multifamily properties while working full-time in technology for the Federal Reserve.

But in 2018, Sergio was having a hard time getting deals to pencil. He anticipated a market correction and pivoted to self-storage.

Today, Sergio is co-founder and CEO of Hearthfire Holdings, a real estate private equity and development firm that manages over $50M in self-storage assets.

On this episode of Financial Freedom with Real Estate Investing, Sergio joins Garrett and me to discuss the benefits of investing in self-storage.

Sergio describes the financing challenges he’s facing in his business right now and shares his outlook for the self-storage market moving into 2024.

Listen in for Sergio’s insight on using data to find deals and find out if self-storage is the right real estate investment for you!

Listen to the Podcast here.