Imagine earning cash-on-cash returns as high as 50%! 

Inspired by sophisticated real estate investors in her network, Steffany Boldrini moved her money out of tech startups and into commercial properties three years ago.

And while she’s faced a lot of challenges along the way, Steffany reached financial freedom in less than two years.

So, what is Steffany’s approach to investing in real estate? And what does she do to earn such big-time returns?

Steffany moved from Brazil to Silicon Valley 20 years ago and enjoyed a successful career in tech sales before shifting her focus to commercial real estate. As Principal at Monte Carlo Real Estate Investments, she has built a portfolio across three asset classes, achieving 36% cash-on-cash returns. 

Steffany is also the host of Commercial Real Estate Investing from A-Z, a podcast about investing in retail, office, industrial and self-storage properties.

On this episode of Financial Freedom with Real Estate Investing, Steffany joins host Garrett Lynch to discuss her transition from angel investing to real estate, describing why she likes the risk profile of commercial properties over tech startups. 

Steffany shares her approach to building a commercial real estate portfolio, explaining the pros and cons of investing in car washes, self-storage and short-term rentals. 

Listen in to understand how Steffany leverages technology in her real estate business and get ideas for adding value to force appreciation—in any commercial asset class.

Steffany Boldrini – Key Takeaways

How Steffany got into real estate 

  • Angel investor in Silicon Valley startups 
  • Realized real estate safer, higher returns 

Why angel investing is riskier than real estate 

  • Most startups fail 
  • VCs get paid first 

Why Steffany likes the risk profile of real estate 

  • Leverage your money ($200K to buy $1M property) 
  • Security, important way to maintain wealth 

The pros and cons of investing in car washes 

  • Something breaks every day 
  • Deal with difficult employees 
  • 50% cash-on-cash returns 

How self-storage compares to car washes 

  • Lower cash-on-cash but easier to operate 
  • Many ways to add value and grow business 

Steffany's approach to scaling a commercial portfolio 

  • Build track record with personal investments 
  • Then expand into syndications 

How Steffany defines financial freedom 

  • Make as much as W-2 
  • Potential to earn much more 

The biggest challenge Steffany faced getting started 

  • Finding right deal 
  • Calculate for shifts in economy 

What Steffany looks for in a real estate deal 

  • Opportunities for value-add 
  • Places to cut costs 

How Steffany uses data in her business 

  • Market comps, feasibility studies 
  • Add value through tech 

How Steffany supports proptech startups 

  • Find responsive, young companies 
  • OpenUnit manages self-storage income

Steffany's advice for aspiring real estate investors 

  • Become agent at commercial firm 
  • Find someone to help, learn as much as you can 

How Steffany thinks about failure 

  • Go into action mode 
  • Solve problem at hand

Connect with Steffany Boldrini

Commercial Real Estate Investing from A-Z 

Monte Carlo Real Estate Investments

Steffany on Twitter 

Steffany on LinkedIn

Resources

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Financial Freedom with Real Estate Investing by Michael Blank

0.8 Niagra Low Flow Toilet 

Nexkey 

OpenUnit 

Landmark Forum

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Apartment Investor Network Facebook Group 

Email [email protected] 

Podcast Show Notes

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