The Rich Somers Report: Recent Episodes
Rich Somers
Join host Rich Somers weekly, as he interviews top real estate investors, entrepreneurs, and athletes from all over the world. His first guests include Tarek El Moussa - real estate investor & TV personality, and Cliff Avril - former Seattle Seahawks player & Super Bowl XLVIII Champion. Tune into The Rich Somers Report every Tuesday for all things real estate, business, and wealth related. Rich Somers is an active real estate investor and entrepreneur holding a portfolio of apartment buildings, boutique hotels, and short-term rentals valued in excess of $50M. He was an air traffic controller for the government for 11 years, and cashed out his 401k to get his start in real estate investing. Connect with Rich on Instagram: @rich_somers
We’re closing on 2 of our most exciting boutique hotels yet —Catalina Island + Bodega Bay visit somerscapital.com/invest
Rich Somers sits down with Dr. Stephen Cabral to talk about how to optimize your health, uncover the root causes behind low energy and hormone imbalances, and take a more personalized approach to longevity. Dr. Cabral breaks down the importance of regular blood work and functional lab testing, why testosterone can decline earlier than expected, and how factors like sleep, stress, inflammation, nutrient deficiencies, gut health, and environmental toxicities can affect the way you feel and perform.
They also dive into the fundamentals that can make the biggest difference for living a longer, healthier life—from cardiovascular fitness and the Norwegian 4x4 protocol to improving sleep, caffeine and supplementation, morning routines, and managing your nervous system. Dr. Cabral shares his own journey from years of chronic health problems to rebuilding his health, the mindset shifts that helped him along the way, and the philosophy behind his new book, The End of All Disease: understanding your unique biological blueprint and consistently doing the basics that move you toward better health.
To get Dr. Stephen Cabral’s new book
Personomics: The End of All Disease
Go to StephenCabral.com/rich
To apply for 1-on-1 health coaching & at-home lab testing go to StephenCabral.com/coaching
Connect with Rich on Instagram: @rich_somers
We’re closing on 2 of our most exciting boutique hotels yet —Catalina Island + Bodega Bay visit somerscapital.com/invest
Rich sits down with Rocky Zapata, an entrepreneur who went from having negative $67 in his bank account to building businesses that generate more than $6 million per year. Rocky reveals how he identified an overlooked need for bilingual safety training, turned it into a thriving consulting company with 31 employees, and built a recognizable brand almost entirely through relationships and word of mouth.
Rocky also breaks down the discipline required to overcome failure, the importance of finding a business people genuinely need, and how to know when it is time to walk away from an idea that is not working. He and Rich discuss managing cash flow, hiring and empowering great employees, removing yourself as the bottleneck, developing an unshakable mindset, and why continued growth and purpose are essential to building both a successful business and a fulfilling life.
Connect with Rich on Instagram: @rich_somers
For a last chance opportunity to invest in our Catalina Island + Bodega Bay boutique hotels visit somerscapital.com/invest
In today’s episode Rich sits down with Jed Snyder, a former nuclear power plant engineer and options trader who made the unexpected decision to purchase the hockey team he once played for. Jed shares how a casual conversation turned into buying the team just three weeks later, why he eventually purchased its arena, and how he transformed a traditionally unprofitable ice rink into a growing community-driven business.
They break down the economics of owning a hockey team, the multiple revenue streams behind operating an arena, and why creating an unforgettable live experience is essential for keeping fans coming back. Jed also explains how the team rebuilt its relationship with the local community, reached nationals every season, won a championship, and created a business that extends far beyond selling tickets.
Connect with Rich on Instagram: @rich_somers
Accredited investors wanting to participate in our Catalina Island + Bodega Bay opportunities visit somerscapital.com/invest
Rich Somers sits down with Barry Hartman to talk about how he went from working as a broke janitor and pursuing a professional snowboarding career to building a junk-removal company generating more than $7 million a year. Barry shares how he started with a single pickup truck, the business fundamentals he learned along the way, and why junk removal can become an incredibly profitable home-services business when supported by strong marketing, systems and the right team.
They break down residential versus commercial customers, Google advertising, recurring revenue, pricing jobs by weight and the profit margins operators can expect as they scale. Barry also discusses expanding into used-clothing resale, building a coaching program, attracting private-equity interest and using an AI phone agent to respond to customers within minutes—while revealing the biggest mistakes new operators make and the first responsibilities entrepreneurs should delegate to grow beyond the truck.
Follow Barry on Instagram @barryhartman.
He puts out daily content on how to scale your business while building a lifestyle you actually love — so you don’t have to grind for a payday years down the road and miss the life and opportunities that are right in front of you.
Connect with Rich on Instagram: @rich_somers
We’re closing on 2 of our most exciting boutique hotels yet —Catalina Island + Bodega Bay visit somerscapital.com/invest
Rich Somers sits down with Kim Rogers to talk about her personal battle with chronic illness, parasites, mould and Lyme disease, and how nearly losing her life inspired her to become known online as the “Worm Queen.” Kim explains the different ways people may be exposed to parasites through food, water and travel, while sharing her perspective on cleansing, gut health, testing and becoming a better advocate for your own health.
They also explore how Kim turned her experience and healthcare background into RogersHood, a rapidly growing wellness brand selling thousands of cleansing kits every month. Kim discusses going viral on TikTok, educating customers about a taboo subject, navigating the challenges of building an online business and preparing to expand into major retailers. This episode brings together health, entrepreneurship, resilience and the story behind a highly unconventional multimillion-dollar business.
Kim would love to giveaway a ParaFy Parasite Cleanse Kit too! Join her Affiliate Program here!
Connect with Rich on Instagram: @rich_somers
Rich talks with Sujay Mehta, an experienced hotel investor who has built a portfolio approaching $200M across branded properties and independent boutique hotels. Sujay shares the decisions, systems, and operational strategies that helped him expand into multiple markets from the ground up.
They unpack how branded hotels compare with boutique concepts, what hotel owners are really paying for through franchise agreements, and why property value is driven more by growing net operating income than nearby sales. Sujay reveals how overlooked revenue streams—including pet charges, resort-style fees, stronger pricing systems, and tighter management—can add millions to a hotel’s valuation.
The discussion also explores the generational transition happening as longtime hotel owners begin exiting, the impact of stricter Airbnb regulations on traditional lodging demand, and the advantages investors gain by managing their own operations.
For anyone interested in hotel investing, this episode offers a clear look at how successful operators create value, scale portfolios, and identify opportunities before the broader market catches on.
Connect with Rich on Instagram: @rich_somers
Rich and guest Tony Stephan unpack how building a portfolio to 377 units entirely self-funded completely changes the playbook for real estate investors. They examine the major dividing line between residential properties, which remain tethered to traditional home valuations, and true commercial assets of five units or more that operate strictly on Net Operating Income.
Tony shares the mechanics behind his growth model, covering how to manufacture equity, recycle cash through the BRRRR method, and snowball a single property into multiple acquisitions without outside investors. They also break down why buyers often overcomplicate deals, explaining how to streamline analysis and shift your mindset from finding excuses to walk away toward identifying the right signals to move forward.
Grab Tony's best selling book for FREE: https://start.tonystephan.com/freebookorg
Subscribe to his youtube: https://www.youtube.com/@tonystephan
Join Tony's mentorship program: https://tonystephan.com/
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
In this episode Rich sits down With Pace Morby to talk about how he built a real estate portfolio worth roughly $500 million using strategies such as subject-to deals, seller financing, and creative finance. Pace breaks down how he finds opportunities through agents, targets properties that have been sitting on the market, structures deals around existing mortgages, and uses seller financing to acquire everything from single-family homes to RV parks and large multifamily properties.
Pace also shares how he builds companies by hiring experienced leaders, offering phantom equity and profit sharing, and creating teams that can operate without him. They discuss the future of wholesaling, how AI is changing businesses and jobs, the importance of surrounding yourself with high-level people, and why the entrepreneurs who succeed are focused on developing skills, relationships, and resources rather than chasing one quick deal.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Follow Michael on Instagram: https://www.instagram.com/higherupwellness/?hl=en
Michael Smoak - The Purpose Progression: Understanding Your "Why" OFFICIAL TOUR SITE: https://laylo.com/laylo-higheruptour/m/wpPOi3?utm_source=ig&utm_medium=social&utm_content=link_in_bio&fbclid=PAZXh0bgNhZW0CMTEAc3J0YwZhcHBfaWQPOTM2NjE5NzQzMzkyNDU5AAGnvYFrJC1yMGEZLSVgGCRot1IlFVlHwo912nG-1QFhTllUFsaRIE8tXE83kjw_aem_BNfeNYu6wQRTWiTVjyZzSw&utm_id=97760_v0_s00_e0_tv3
Rich sits down with Michael Smoak, entrepreneur, content creator, and host of the Higher Up Podcast, for a powerful conversation about resilience, consistency, and building an extraordinary life. Michael shares how he went from a full-time career in cybersecurity sales to generating over 60 million organic views per month, explaining why success isn't about secret strategies but about showing up every day, staying consistent through difficult seasons, and refusing to quit. He opens up about the lessons learned from growing a personal brand, overcoming self-doubt, and why mastering the "boring" fundamentals is what separates those who succeed from those who give up.
The conversation takes a deeply personal turn as Michael reflects on the devastating loss of his father and how that experience completely reshaped his perspective on life, ambition, and time. Together, Rich and Michael discuss the urgency of pursuing your goals, the dangers of living for other people's opinions, and why embracing life's finite nature can become your greatest source of motivation. This episode is packed with practical wisdom and mindset shifts for anyone looking to take bigger risks, build lasting success, and make the most of the time they have.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich sits down with Arian Nazari, better known as the "Smog King," to uncover how he turned one of California's most overlooked industries into a thriving business with 17 smog check locations. Arian breaks down how the smog check industry works, why it's a recession-resistant business, and the opportunities hiding in plain sight for entrepreneurs willing to master an unglamorous niche. He also shares how staying laser-focused on one business instead of chasing every new opportunity has been a key driver of his success.
Throughout the conversation, Arian dives into the future of California's vehicle inspection industry, the impact of electric vehicles, government regulations, scaling multi-location operations, and the mindset required to build a long-term business empire. Whether you're an entrepreneur looking for your next opportunity or simply curious about the business behind an everyday service, this episode is packed with practical insights, business strategy, and lessons on building wealth by dominating a niche.
Follow Arian on Instagram: https://www.instagram.com/smogking/
DM him “SMOG” to Work With Him 1-1
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich sits down with Patrick Henson, CEO and founder of Henson Services, for one of the most honest and eye-opening conversations yet. Patrick opens up about building a thriving towing, trucking, and service business while battling personal demons behind the scenes. From scaling a company in one of the toughest industries to confronting the mental and emotional challenges that nearly cost him everything, he shares the raw lessons that completely changed the way he approaches life, leadership, and business.
Patrick also reveals his transformative experience with ibogaine therapy, discussing how it helped him overcome destructive patterns, sharpen his decision-making, and become a better husband, father, and entrepreneur. Whether you're a business owner navigating pressure, someone searching for personal growth, or simply looking for an inspiring story of resilience and redemption, this episode delivers powerful insights you won't want to miss.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich sits down with Jay Roberts, CEO of Prosper Group, a Miami-based developer currently overseeing more than $3 billion in active real estate projects. Jay breaks down how high-end waterfront condo development really works, walking through the process from acquiring land all the way to selling out the building.
They talk about why billionaires, founders, and major tech players are leaving California and relocating to South Florida, how Jay analyzes a $345 million project to target a 30% profit margin, and how pre-sale deposits allow developers to use buyer capital to help fund construction. They also get into why waterfront real estate continues to be one of the most resilient and appreciating asset classes in the world. If you want to see how serious capital actually moves through real estate, this episode is for you. Let’s get into it.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Follow Ismael on Instagram: https://www.instagram.com/ismaelnuveceo/
Find his other links here: https://linktr.ee/ismaelvaldez23?utm_source=ig&utm_medium=social&utm_content=link_in_bio&fbclid=PAZXh0bgNhZW0CMTEAc3J0YwZhcHBfaWQPOTM2NjE5NzQzMzkyNDU5AAGntECSwYu12HuY5UAAgmGN5qqO8jicsJmpxE2tkra-8yo6VfN5Qr17Rl7vwCY_aem_8jcKEZQWBHTFA4YEkCwpGA
Rich Somers sits down with Ismael Valdez to talk about building, scaling, and exiting home service companies at a massive level. After a $20M exit, a $100M exit, and now building another company valued well into the nine figures, Ismael breaks down what most contractors never get taught about growth.
In this episode, they cover why most home service businesses stay stuck under $2M, how to build a team of A-players, why mastering one trade matters before expanding, and the importance of marketing, sales, operations, pay plans, and leadership when scaling a real company.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
In this special yacht workshop Rich breaks down how to scale your business without becoming the bottleneck. He explains why so many entrepreneurs stay trapped in their inbox, stuck in constant meetings, and buried in small tasks that keep them away from the highest-value work only they can do. Rich walks through how to audit your time, identify the work that actually moves the business forward, and start removing yourself from repetitive admin, follow-ups, invoices, permitting, scheduling, and day-to-day communication.
He also shares practical ways to protect your calendar, batch communication, build simple systems, document processes with Loom, and delegate more effectively so your business can grow without needing your attention on every detail. If you’re trying to scale, get your time back, and operate more like a true business owner instead of an overworked operator, this workshop gives you a clear framework for creating more leverage, more freedom, and more focus.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Connect with Curt on Instagram: @thecaptaincurt
Private jets aren’t just for billionaires—they’re for anyone who knows how to play the game.
In this episode, Rich sits down with private jet captain and aviation broker Captain Curt Marker to unpack what it really costs to own, charter, and operate a private jet. From $3M pre-owned Gulfstreams to $100M G700s, fuel costs, maintenance nightmares, and the wild tax benefits that come with bonus depreciation—this episode takes you inside the cockpit of the aviation business.
They cover:
How 100% bonus depreciation is making jet ownership explode again
The real costs of fuel, maintenance, and hangar fees (and what to budget for)
Why Q4 is the best time to buy a jet for tax write-offs
How to fly private for up to 80% off using “empty legs”
The best aircrafts that hold their value—and which ones to avoid
If you’ve ever wondered what it takes to fly private, own a jet, or just want to understand the business behind aviation, this is your insider’s guide.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Make sure you go check out and follow Mana over on IG and his own podcast:
IG: https://www.instagram.com/mana_k33
PODCAST: https://podcasts.apple.com/us/podcast/from-door-to-door-to-multimillion-dollar-ceo-cody-veivell/id1877761688?i=1000768614448
From pro athlete to solar industry leader, Mana Kobe is playing a different kind of game now and he is just getting started. On this episode of the Podcast, recorded live at the Yacht Workshop in San Diego, Mana breaks down his journey from playing basketball overseas to building one of the top solar organizations in the country. He gets real about what it cost him to figure out the game, from failing at his first business to humbling himself and going back to learn before he led.
The lessons Mana drops in this conversation are ones every entrepreneur needs to hear. Before you run the business, you have to learn the business. Stop trying to do everything yourself. And if you want to make high-value money, you have to be willing to spend high-value money on yourself first. His goal is a billion-dollar company, and the way he talks about it, it sounds less like a dream and more like a deadline. Tune in.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
From sleeping in a car to running a $60M brand in just two years—Alejandro Vela’s story doesn’t even sound real.
In this episode, Rich sits down with Alejandro (El Barbas Hats) to break down how he went from failed restaurants, tow trucks, and street food hustles to building one of the fastest-scaling hat brands in the world. From selling at swap meets to collabs with Mexico’s biggest artists and $1.3M drops in minutes—this is the blueprint for turning nothing into everything.
They cover:
How eight failed businesses became the foundation for a $60M empire
The exact moment he went from homeless to unstoppable
Why hats became the ultimate scalable fashion product
How he used TikTok to test, market, and blow up his brand
The mindset shift that turned every failure into fuel
If you’ve ever felt like you were too far behind, this episode proves you’re one decision away from a whole new life.
Let’s get it.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Vita Bella Health Membership: https://vitabella.com/membership/
Follow Phil Vella (CEO of Vita Bella Health) on IG: @phillyvz
Accredited Investors: Catalina Island deal closes soon.
Join waitlist: somerscapital.com/invest
Rich Somers sits down with Phil Vella, CEO of Vita Bella Health, to talk about the future of health, hormones, peptides, GLP-1s, and the massive shift happening in human performance. Phil breaks down why testosterone can be the foundation for men’s health, how peptides and NAD+ are being used for energy, recovery, and longevity, and why weight-loss drugs like semaglutide and tirzepatide are only the beginning of what he calls the “biology boom.”
They also dive into the dangers of chasing quick fixes, the risks of gray-market peptides, and why true health still comes back to discipline, muscle, nutrition, and building the right foundation. From anti-aging and hormone optimization to masculinity, leadership, and becoming a stronger man, this episode explores what the next era of health could look like and what people need to know before jumping in.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited Investors: Catalina Island deal closes soon.
Join waitlist: somerscapital.com/invest
In this episode Rich Somers sits down with Rich Torres to discuss how business owners and real estate investors can use credit as a tool to access capital, build leverage, and create more financial flexibility. Rich breaks down why he believes people should stop relying on debit cards and cash, how credit card points can turn everyday spending into travel rewards, and how strong credit profiles can open the door to $100K, $200K, or even $300K in 0% interest business funding.
Rich also explains the process of fixing credit, building credit, keeping utilization low, and using funding strategically instead of recklessly. From launching a business to scaling an existing company or funding real estate opportunities, this conversation gives listeners a practical look at how credit can become one of the most powerful tools in their financial arsenal when used the right way.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
Rich sits down with Brian Luebben, founder of The Action Academy, to break down how everyday people can buy their freedom through small business acquisition and real estate investing. From leaving corporate America to building multiple seven-figure businesses, Brian shares the mindset shifts, income strategies, and frameworks that helped him replace his paycheck and live life completely on his own terms.
They cover:
Why 9–5 jobs keep high performers trapped—and how to escape
The “Freedom Framework” every entrepreneur needs to scale sustainably
How to buy your first small business using creative financing
The truth about risk tolerance and why most partnerships fail
Why business builds freedom—and real estate builds wealth
If you’ve been stuck in a job that feels too small for your potential, this episode gives you the roadmap to break free.
Let’s go.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Free Gift: A Respect Assessment Tool that provides a personalized game plan to help you earn more respect. (https://respectgains.com/)
Follow Tony on IG: @tonyjbova
Accredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
In this episode Rich Somers sits down with Tony Bova to discuss why so many modern men feel disrespected in their relationships, homes, and dating lives — and what it actually takes to earn respect back. Tony shares his perspective on masculinity, leadership, emotional strength, boundaries, and why men often feel more capable in business than they do navigating conflict, attraction, and communication with women.
Rich and Tony also dive into modern dating dynamics, the provider role, self-improvement, holding frame, and how men can rebuild confidence by raising their standards, creating financial freedom, and becoming more grounded in who they are. This conversation is a direct, honest look at respect, attraction, relationships, and the work required for men to lead themselves before leading anyone else.
Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited Investors: Catalina Island deal closes soon.
Join waitlist: somerscapital.com/invest
Most side hustles fade fast. A few turn into real businesses.
Rich Somers sits down with Nick Fowler to break down how he went from $0 to $50K per month using TikTok Shop, and why this model may be one of the most overlooked opportunities heading into 2026. Instead of chasing virality, Nick explains the systems, discipline, and repetition required to make TikTok Shop work consistently—not just once.
The conversation dives into what actually drives conversions on the platform, why most people fail after early traction, and how Nick approached product selection, content volume, and iteration without relying on hype or shortcuts. He shares the mistakes beginners make, the mindset shift required to scale, and why treating this like a real business—not a quick win—is the difference maker.
Rich and Nick also unpack where TikTok Shop fits into the broader creator and ecommerce landscape, who this model is not for, and why execution beats creativity every time. From testing and reps to staying focused when results are uneven, this episode breaks down what it really takes to build durable income in a noisy space.
This is a clear, practical conversation for anyone curious about modern side hustles—and serious about turning attention into predictable revenue.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Free Due Diligence Playbook — The mindset and philosophy behind $435M+ AUM, and the questions Jeremiah asks every sponsor before writing a personal check: https://richsomers.patriotholdings.com/
Accredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
Rich sits down with Jeremiah Boucher to talk about... building durable wealth through commercial real estate, flex industrial, mobile home communities, and self-storage. Jeremiah, founder and CEO of Patriot Holdings, breaks down why location, demographics, cash flow, and downside protection matter more than ever in today’s market—and why chasing aggressive value-add projections without enough margin for error can put investors in trouble.
In this episode, Rich and Jeremiah dive into buying well-located assets, underwriting defensively, working with small-business tenants, navigating debt and liquidity, and scaling into bigger, higher-quality deals. They also get into the entrepreneurial mindset behind long-term success, from choosing the right environment to staying focused, building the right team, and understanding why every piece of the business has to work together to create real value.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
Rich Somers sits down with Peter Roth to discuss how home service businesses can generate more leads, book more appointments, and scale without relying solely on expensive lead aggregators or outside marketing agencies. Peter breaks down why cold calling still works, what most companies get wrong about outbound sales, and how the right script, data, training, and follow-up system can turn a call center into a powerful growth engine.
In this episode, Peter shares his playbook for building an in-house appointment-setting machine for industries like roofing, HVAC, plumbing, windows, landscaping, water treatment, and more. Rich and Peter also dive into AI in sales, the risks of outbound AI calling, how to hire and train better callers, and why business owners need to understand exactly where their lead generation process is breaking down before they can fix it.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Apply for the Palomino Yacht Mastermind Experience: Palominoseniorliving.com
Accredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
A massive demographic shift is already underway—and most investors aren’t paying attention. Rich Somers sits down with Boris and Amanda Palomino to break down why residential assisted living is quickly becoming one of the most compelling and recession-resistant real estate asset classes in the country. With millions of baby boomers entering the age of care and a nationwide shortage of beds, demand is accelerating while supply struggles to keep up.
The conversation dives into how small, boutique care homes generate strong monthly cash flow, why this model avoids many of the regulatory pressures hitting Airbnb, and how investors can combine real estate appreciation with an operating business under one roof. Boris and Amanda explain market selection, licensing, staffing, and how these properties can produce meaningful income while still qualifying for powerful tax advantages. Rich also explores why this asset class is protected, how leverage and creative financing can be used responsibly, and why the “sandwich generation” is driving long-term demand for high-quality care options. This episode is a deep, practical look at an overlooked real estate strategy—built on fundamentals, demographics, and real operating leverage.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
In this episode Rich sits down with Jason Wojo to talk about marketing, AI, funnels, paid ads, and what it really takes to scale a business in today’s online economy. Jason breaks down the risks of giving AI tools too much access, why entrepreneurs need to protect their time, how to validate offers with organic and paid traffic, and what business owners should know about Meta’s changing ad billing policies.
Rich and Jason also dive into the importance of speed, trust, podcasting, sales systems, setters versus closers, and building a strong company culture as you grow. From scaling offers and shortening sales cycles to creating content at a high level and making better decisions as a founder, this conversation is packed with practical game for entrepreneurs, creators, and business owners looking to grow with more clarity and intention.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
Rich sits down with Corrina Carter, a powerhouse entrepreneur behind one of the top mortgage brokerages in the country, to unpack her journey from becoming a young mother before 16 to building and scaling a major lending business. Corrina shares how her early life shaped her leadership, resilience, and ability to manage people, responsibility, and pressure long before she ever stepped into entrepreneurship.
In this episode, Rich and Corrina dive into scaling in a tough rate environment, building systems that remove chaos, hiring the right people, tracking KPIs, creating “unreasonable hospitality” for clients and team members, and using structure to grow from 600 to nearly 2,000 loans a year. Corrina also breaks down her approach to operations, two-a-day team check-ins, delegation, personal inventory, AI tools, and why entrepreneurs need grit, grind, and hustle to win in business.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
Today Rich Somers sit's down wit Trish Scelfo to unpack the world of franchising, business ownership, and how entrepreneurs can find the right opportunity based on their personality, strengths, capital, and long-term goals.
Trish breaks down the difference between buying an existing business and investing in a franchise, why service-based businesses can be powerful cash-flow plays, and how to avoid common mistakes like underfunding marketing or choosing a brand that does not truly fit your skill set.
Rich and Trish also dive into the “experience tax,” franchise risk, creative ways to add value, what it really takes to become a successful franchisee, and why you should run your business from day one like you are going to sell it tomorrow. Whether you are leaving corporate America, looking to buy your first business, or trying to scale smarter, this episode is packed with practical insights on choosing the right industry, building great teams, creating unforgettable customer experiences, and positioning your business for a valuable exit.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
Former San Diego Chargers linebacker Larry English joins Rich Somers for a powerful conversation on what it really takes to perform at your highest level—on the field, in business, and in life. From NFL locker room lessons to building a human performance company for high-achieving men, Larry breaks down why energy, clarity, hormones, nutrition, and discipline are the real cheat codes for success.
This episode goes deep into testosterone, bloodwork, longevity, mental sharpness, and the routines that help entrepreneurs stop feeling drained and start operating like elite athletes. Larry also shares stories from his Chargers days, playing alongside legends like LaDainian Tomlinson, Philip Rivers, and Antonio Gates, while revealing how to build a body and mind that can keep winning long after the game ends.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
Rich Somers sits down with Brad Lea to break down why boutique hotels could become the next massive wealth play as Airbnb regulations tighten across the country. From building an 8-figure real estate portfolio after starting at 33 years old to using AI, influencers, and branding to transform rundown beachfront motels into luxury cash-flowing assets, Rich explains exactly how he’s building Summers Capital into a billion-dollar company.
This episode dives into real estate investing, personal branding, private equity, AI automation, and the mindset required to reinvent your life. Rich shares how he went from air traffic controller to running one of the fastest-growing boutique hotel portfolios in the country, while revealing why the biggest risk in life might be never betting on yourself at all.
Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
In this episode, Rich sits down with Kassidy Warren to drop the 15 hard-earned rules that helped him escape the system, build real wealth, and design a life completely on his own terms.
From cutting dead weight and rewiring his mindset to going all-in on boutique hotels, Rich breaks down how he turned frustration into freedom—and why clarity and conviction matter more than any spreadsheet.
They dive into:
The difference between “thinking” about success and living it
The #1 habit that helped him break free from mental autopilot
Why he stopped chasing traditional multifamily deals—and what he buys now instead
How to use discomfort as a compass for growth
The underrated value of energy audits and environment shifts
This one’s for anyone who feels stuck, knows they’re built for more, and just needs the roadmap. Let this be your wake-up call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
For anyone listening today, we created a special code REBUILD15 for 15% off your first order at https://medaleafarms.com/
If you're an accredited investor interested in our Catalina deal, connect with us at somerscapital.com/invest
Rich sits down with William Oboyle for a powerful conversation on addiction, healing, cannabis, spirituality, and what it really means to rebuild the human body from the inside out.
William shares his journey from 15 years of opiate addiction and homelessness to building Meta Leaf, investing in real estate, and launching Rebuild the Human — a wellness brand focused on hydrogen water, cannabinoids, peptides, frequency therapy, detox, red light, cold plunge, and holistic living.
This episode dives deep into CBD, CBG, hemp, mushrooms, Texas cannabis laws, natural healing, energy, entrepreneurship, and the future of health and wellness. Hit play for a raw, eye-opening conversation packed with game, personal transformation, and a totally different way to think about your body, your health, and your purpose. Don’t forget to like, subscribe, and share this with someone ready to level up.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
Rich Somers sits down with Todd Robinson, a multifamily investor managing over $100M in assets, to break down what it really takes to build wealth in real estate. They dive into the three paths to getting started—hustle, expertise, or capital—and why, if you don’t have the first two, relentless effort becomes your biggest advantage. Todd shares how he scaled from small beginnings in 2018 while running a law practice, turning real estate into a vehicle for long-term, generational wealth.The conversation goes deeper into today’s market dynamics, from rising interest rates to cap rate shifts, and why multifamily remains one of the most resilient asset classes. They also unpack the massive generational wealth transfer happening right now, and how those willing to take calculated risks and bet on themselves stand to benefit the most. If you’re looking to understand where opportunity is actually heading—and how to position yourself to capitalize—this is one you don’t want to miss.
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
If you're an accredited investor interested in our Catalina deal, connect with us at somerscapital.com/invest
Rich speaks with Cole Da Silva — a self-made entrepreneur who went from addiction, debt, and rock bottom to generating over $47M in online sales alongside his business partner, building one of the most well-known online coaching businesses in the space.They dive into personal responsibility, discipline, and what it actually takes to win in the online business world, along with the mindset shifts required to break old patterns, take control of your life, and build something meaningful that compounds over time.
Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital?
Visit www.somerscapital.com/invest to learn more.Interested in joining The 7 Figure Creator Mastermind?
Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind?
Visit www.somerscapital.com/mastermind to book a free call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
If you're an accredited investor interested in our Catalina deal, connect with us at somerscapital.com/invest
Rich sits down live from one of their boutique properties in the Little Italy neighborhood of San Diego with Alex Johnson and Lauren Turpie from Somers Capital. They break down the shift away from large, traditional hotels toward “vibe-driven” boutique stays people actually want to share, and why that demand is accelerating as Airbnb loses its edge.
They also go inside Somers Capital’s strategy as they acquire two more hotels along the California coast, bringing their total to eight under the Somers Collection brand. The team shares how they’re using AI across the business, from dynamic pricing systems making 100–200 daily adjustments to personalized AI concierges like “Brooklyn” that handle guest experiences, drive reviews, and increase revenue. They also touch on leveraging influencers, operational efficiencies, and what’s actually making these properties outperform.
Join Investor Waitlist: www.somerscapital.com/invest
Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital?
Visit www.somerscapital.com/invest to learn more.
Interested in joining The 7 Figure Creator Mastermind?
Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
If you're an accredited investor interested in our Catalina deal, connect with us at somerscapital.com/invest
From broke in his 20s to retiring his parents and buying a boutique hotel—this is how you build generational wealth from the ground up.In this episode, Rich sits down with real estate investor and entrepreneur Blake Rocha, who’s built a $40M portfolio before turning 26. Blake opens up about growing up middle-class, moving back in with his parents to stack cash, and how he used Airbnb arbitrage, discipline, and relentless focus to buy his freedom.
They cover:
How Blake scaled from $0 to $40M in real estate by his mid-20s
Turning family into business partners and retiring his parents
Why mindset and consistency beat motivation every timeThe real reason men lose purpose—and how to get it back
His first boutique hotel deal in New York (and the dream that led to it)
If you’ve ever wondered how to break free from average and start stacking assets that change your family tree, this episode is your blueprint.
Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
From broke in his 20s to retiring his parents and buying a boutique hotel—this is how you build generational wealth from the ground up.In this episode, Rich sits down with real estate investor and entrepreneur Blake Rocha, who’s built a $40M portfolio before turning 26. Blake opens up about growing up middle-class, moving back in with his parents to stack cash, and how he used Airbnb arbitrage, discipline, and relentless focus to buy his freedom.
They cover:
How Blake scaled from $0 to $40M in real estate by his mid-20s
Turning family into business partners and retiring his parents
Why mindset and consistency beat motivation every timeThe real reason men lose purpose—and how to get it back
His first boutique hotel deal in New York (and the dream that led to it)
If you’ve ever wondered how to break free from average and start stacking assets that change your family tree, this episode is your blueprint.
Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich sits down with paid ads expert and CEO Lindsay Stockall, who’s helped businesses scale with an average 6x return on ad spend. She breaks down why most ads fail, how bad strategy burns both time and money, and what actually separates top-tier ad operators from everyone else.
They dive into the real mechanics behind profitable ads — from building a full acquisition strategy before spending a dollar to optimizing funnels, targeting the right audience, and focusing on conversions over vanity metrics.
If you’ve ever felt like ads “don’t work,” this conversation shows you what’s actually been missing.
Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Connect with Kyle on Instagram: @theseybothteam
Rich sits down with Kyle Seyboth, founder and the man building a national ADU franchise, to break down why the ADU space might be one of the biggest real estate opportunities in the country over the next three years.
They get into who the ADU is really built for, how to determine highest and best use on any lot, what the full A-to-Z build process looks like from permitting to certificate of occupancy, and why a 400 square foot investor special could be the most underrated cash flow play in real estate right now. If you've been sitting on a property with a big lot and wondering what to do with it, this one's for you. Let's get into it.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Accredited investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest
The Airbnb gold rush is over—and boutique hotels are taking over.
In this episode, Rich sits down with Michael Zuber (One Rental at a Time) to talk about the next big wave in real estate: boutique hotels. From regulations killing short-term rentals to 40 million baby boomers retiring and selling off mom-and-pop motels, Rich breaks down why this moment mirrors Airbnb’s early days—and how investors can capitalize on it.
They cover:
- Why Airbnb supply is shrinking while hotel demand is booming
- How retiring boomers are creating a once-in-a-generation buying window
- The 3 rules for buying boutique hotels in any market cycle
- How AI and design are redefining what “hospitality” looks like
- The exact steps to transition from short-term rentals to boutique hotels
If you’ve been thinking about scaling beyond Airbnb or getting into hospitality, this episode gives you the full blueprint for what’s next.
Let’s get into it.
Connect with Michael on Instagram: @onerentalatatime
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich sits down with Jason Haugen and Vince McCullam, founders of Black Jet Ventures, to talk about what it really looks like to build, grind through, and exit a nine-location RV dealership empire, and then pivot into something completely different.
Jason opens up about losing $20 million in a single year, why Harvard Business Review once called the RV dealership the hardest business in America to run, and what finally pushed him to walk away from it all. From there, the conversation shifts into what they're building now — a data-driven marketing and growth firm tracking over 300 million people daily and 65 billion buying intentions — and why the right data is the unfair advantage most businesses don't even know they're missing. Let's get into it.
Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich sits down with Blake Comfort and Ben Schuster — the duo behind Comfort Capital — to break down why mobile home parks might be the most overlooked and recession-resilient asset class in real estate right now.
They dig into why there are only 45,000 manufactured housing communities in the entire US and virtually no new ones being built, how their expense ratios crush multifamily at 20-30% vs 50-60%, why resident turnover is just 2-5% compared to 40-50% in apartments, and how they've raised over $125 million to build a portfolio targeting urban core markets in Phoenix and Dallas. If you've ever written off mobile home parks as too unsexy to take seriously, this conversation will change your mind. Let's get into it.
Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich sits down with Clem Connors, founder of Fastlane — the exotic car club that Rich is personally a member of — to talk about how the club has scaled from 5 to 21 chapters worldwide, and why the right car is one of the most underrated marketing tools an entrepreneur can own.
They get into how Clem has bought 15 exotic cars and made money on 13 of them, the lease vs. buy breakdown every business owner needs to know, which cars are quietly appreciating right now and why, and how Fastlane has become one of the most powerful networking vehicles — pun intended — for high-net-worth entrepreneurs around the world.
Let's get into it.
Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital?
Visit www.somerscapital.com/invest to learn more.
Interested in joining The 7 Figure Creator Mastermind?
Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind?
Visit www.somerscapital.com/mastermind to book a free call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich sits down with undefeated UFC bantamweight Santiago Luna, coming off a big win in Mexico City, to talk about what it really takes to stay ready at the highest level of the fight game.
From getting the call for his UFC debut on just two days’ notice to making the decision to stay “in camp” year-round, Santiago breaks down the mindset required to compete when opportunity can strike at any moment. No excuses, no shortcuts—just discipline and preparation.
We also get into the business of fighting: the massive spotlight around potential UFC events at the White House, the politics surrounding big cards, and why fighters have to think strategically about when—and who—they fight. Plus, Santiago shares his take on Conor McGregor’s legacy, the evolution of superstar fighters, and why activity, focus, and timing can make or break a career.
If you want a raw look at what it takes to operate at an elite level—mentally, physically, and professionally—this episode delivers.
No fluff. No BS. Just real insight from inside the cage.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
If you're an accredited investor interested in our Catalina deal, connect with us at somerscapital.com/invest
Rich sits down with Jay Roberts, CEO of Prosper Group, who's managing over $3 billion in active real estate developments out of Miami — and breaks down exactly how luxury waterfront condo development actually works, from land acquisition to sellout.
They get into why billionaires and tech giants are fleeing California for South Florida, how Jay underwrites a $345 million development to hit a 30% profit margin, the pre-sale deposit structure that lets developers use buyer cash to fund construction, and why waterfront real estate is the one asset class that never stops appreciating. If you want to understand how the big money in real estate actually moves, this one's for you. Let's get into it.
Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Most men aren’t lacking opportunity—they’re lacking awareness.
Rich sits down with men's dating and psychology coach Kavita Ajwani (@dashingdate) to break down what’s actually going on in today’s dating landscape—and why so many guys feel stuck, overlooked, or confused.
They dive into the psychology behind attraction, why women operate differently than men in dating, and how subtle signals play a bigger role than most people realize. Kavita shares how confidence, presence, and everyday interactions shape your dating life more than any “line” or tactic ever will.
The conversation also covers approaching women in real life, overcoming the fear of coming off as “creepy,” and why most men are out of practice when it comes to basic social skills. They unpack the difference between chasing validation vs. building genuine connection—and how to create real options without forcing it.
If you’re trying to improve your dating life, build confidence, or better understand how attraction actually works—this episode is a no-fluff breakdown of what moves the needle.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
If you are sick and tired of being sick and tired or even broke, busted, and disgusted you need to shock the system and do something radical. Hit me up on IG and we'll get you on the right track @michaelgutschmidt.
Energy is about to become one of the biggest opportunities—and problems—of the next decade.
Rich sits down with Michael Gutschmidt to break down what’s actually happening behind the scenes with energy in America—and why most people aren’t paying attention.
They dive into rising electricity costs, the real reason power bills are skyrocketing in places like California, and how AI data centers and electrification are putting massive strain on the grid. Michael explains why brownouts are becoming more likely, why traditional energy sources can’t keep up, and how solar is stepping in to fill the gap faster than anything else.
The conversation also covers energy independence, the economics of installing solar, and why this isn’t about being “green”—it’s about control, cost, and long-term leverage.
If you’re a homeowner, investor, or just someone tired of rising utility bills, this episode breaks down where things are heading—and how to position yourself ahead of it.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Follow @ericwinegardofficial on IG!
Rich sits down with Eric Winegard, CEO of Rare Blue Moon Marketing, to talk about what it really takes to walk away from a comfortable life and bet on yourself from scratch.
Eric reinvented himself at 40 after a divorce and a Covid furlough, and now at 45 he's built a thriving marketing company with clients like Patrick Bet-David and Grant Cardone. They get into why turbulence is always equal to the size of your dream, why authenticity is about to become the most valuable currency in the age of AI, and why building your personal brand today is like buying beachfront real estate in the 1940s.
If you've ever thought about walking away from the safe path but talked yourself out of it, this one's for you.
Let's get into it.
Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital?
Visit www.somerscapital.com/invest to learn more.
Interested in joining The 7 Figure Creator Mastermind?
Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind?
Visit www.somerscapital.com/mastermind to book a free call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich sits down with Ryan Smith, founder of True Diagnostic, to unpack the groundbreaking science behind measuring how old your body really is on a molecular level. From alcohol’s hidden impact on aging to the supplements, fitness routines, and even psychedelics that can reverse your biological age, Ryan reveals the future of longevity.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Grab my best selling book for FREE: https://start.tonystephan.com/freebookorg
Subscribe to my youtube: https://www.youtube.com/@tonystephan
Join our mentorship program: https://tonystephan.com/
Most investors are playing the wrong game—and they don’t even realize it.
Rich sits down with Tony Stephan, who scaled to 377 units without outside investors, to break down the real difference between small residential and true multifamily—and why that distinction changes everything.
They dive into why 1–4 units are still valued like single-family homes, while 5+ units become real businesses driven by NOI. Tony walks through how he forces appreciation, recycles capital through the BRRRR strategy, and turns one deal into multiple—without constantly needing new money.
The conversation also covers why most investors overcomplicate deals, how to actually evaluate opportunities, and the mindset shift from looking for reasons not to invest to finding reasons to move forward.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
If you're an accredited investor interested in our Catalina deal, connect with us at somerscapital.com/invest
Crypto, gambling, and why most people are losing the money game.
In this episode of The Rich Somers Report, Rich sits down with Mark Matson—asset manager, bestselling author, and capital markets veteran managing billions—to break down what’s really going wrong with how this generation invests.
They get into the dangers of “gamified” trading, why long-term investing is getting ignored, and the mindset shift needed to actually build real wealth.
No fluff. No BS. Just the truth about money, investing, and playing the long game.
Connect with Mark:
Instagram: @markmatson1
Facebook: Mark Matson
LinkedIn: Mark Matson
X: @MarkMatson
Financial Advisors - Work With Mark: ria.matsonmoney.com
Investors/Business Owners - Attend The ADX (Use code RICH50 at checkout for 50% off) - adx.matsonmoney.com
For individuals & business owners that are interested in attending the American Dream Experience to learn the science of investing, please visit adx.matsonmoney.com. Use code RICH50 at checkout for 50% off
For financial advisors and those that want to learn how to add investment services to their business, please visit ria.matsonmoney.com.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich hops on a jet with Karlton Dennis, Mikey Taylor, and Jack Mccoll to talk about the real mindset and money habits that create financial freedom.
From strategic risk-taking to surrounding yourself with winners, this unscripted conversation dives into how the rich actually think—and why their approach to time, focus, and energy is what separates them from everyone else.They cover:How to get rich by mastering leverage, not luckWhy networking on the right plane matters more than grinding in the wrong roomThe difference between passive income and active wealth creation
Why proximity to high performers is your fastest path to successThe mindset shift that turns “one day” into “day one”If you’ve ever wondered what high-level conversations about money and freedom really sound like, this is it.Let’s take off.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Get a FREE Paid Ads audit and marketing roadmap from Mason and team by requesting at masondorner.com. The audit is completely free, no obligation, and you will walk away with a 100+ point roadmap to increase the revenue from your paid ads or email marketing.
Find him at: MasonDorner.com
Instagram: https://www.instagram.com/mason_dorner/
LinkedIn - https://www.linkedin.com/in/masondorner/
Facebook - https://www.facebook.com/MaseDorner
Ascenditt.com - Paid Ads Agency
WHT Coat (White Coat) - Medical Marketing Agency
Sendtonium.com - Email Marketing Agency
Most people aren’t stuck because they lack opportunity—they’re stuck because they don’t know how to turn attention into income.
Rich sits down with Mason Dorner to break down what’s actually working right now when it comes to building leverage online and monetizing skill sets in today’s economy.
Mason shares how he thinks about content, distribution, and positioning—and why most people overcomplicate the process instead of focusing on the fundamentals that actually drive results. The conversation dives into attention, consistency, and how to build systems that turn short-term effort into long-term upside.
They also unpack the gap between knowing and executing, why most people stay stuck consuming instead of creating, and how small shifts in strategy can completely change your trajectory. From building momentum early to scaling what works, this episode is centered around doing the basics at a high level.
If you’re trying to grow online, build income streams, or create leverage through content—this is a no-fluff breakdown of what actually moves the needle.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Dana Cornell created a Wealth Diagnostic that shows high earners where the system is quietly draining their wealth and how to fix it before it costs them millions. wealthfreedomscorecard.com/richsomers
Most people think making more money is the goal—but without the right structure, more income just means bigger leaks.
Rich sits down with Dana Cornell to break down the biggest money myths keeping entrepreneurs stuck—even at high income levels. From managing $1.4B at Morgan Stanley to walking away and building his own firm, Dana shares what actually separates people who look wealthy from those who are truly financially free.
They unpack why net worth can give a false sense of security, how most high earners are just employees in their own business, and why selling a company doesn’t automatically make you rich. The conversation also dives deep into tax strategy, the difference between CPAs and true tax strategists, and why the IRS might be your biggest “business partner” if you don’t understand how to play the game.
Rich and Dana also break down the concept of building a “family office mindset”—coordinating advisors, creating structure, and focusing on cash flow over vanity metrics. Because at the end of the day, income might make you rich—but structure is what keeps you wealthy.
If you’re making money but not keeping it—or you’re trying to turn income into real financial freedom—this episode is a must-listen.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Private jets, charter hacks, and the real economics of flying private.
Rich sits down with private jet captain, broker, and aviation expert Captain Curt to break down how the private aviation world actually works.
From the real cost of owning a jet to how “empty leg” flights can save you up to 80%, this episode pulls back the curtain on an industry most people never get access to.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Follow @templeofloha on IG and Youtube! Join her community: Universal Intimacy
Rich sits down with somatic intimacy coach and tantra teacher Josephine Lauer for a raw conversation about sex, intimacy, and the emotional patterns that shape our relationships.
They break down how guilt, shame, and conditioning affect the way we experience love, connection, and desire—and how tantric principles can help people build deeper intimacy with themselves and their partners.
If you’ve ever wondered why relationships lose connection, how to communicate better with your partner, or how to approach intimacy from a more conscious place, this episode goes there.
No fluff. No BS. Just a real conversation about love, relationships, and human connection.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Appraisal Credit Giveaway
Jonathan is offering appraisal credits to our listeners.
Apply here to claim yours:
https://prod.lendingpad.com/convoy-home-loans-inc-/pos#/?loid=89d5957c-1de1-44b2-9c86-0d2762be0b5c
Be sure to mention The Rich Somers Report when you apply.
Financing can make or break a real estate deal—and most investors don’t fully understand the lending side of the game.
Rich sits down with Jonathan Yoo and Dustin Rosenberg, founders of Convoy Home Loans, to break down what’s actually happening in today’s mortgage market and how investors are navigating it.
They dive into DSCR loans, bank statement financing, and why traditional underwriting doesn’t always work for entrepreneurs or Airbnb investors. The conversation also explores interest rate cycles, how lenders evaluate risk, and what smart investors are doing right now to keep scaling despite a higher-rate environment.
Connect with Jonathan & Dustin on Instagram: @convoy_homeloans
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
In this episode, Rich sits down with Michael Sartain, host of Access Vegas and founder of the MOA Mentoring Program. Known for blending evolutionary psychology with real-world experience, Michael breaks down what it really takes to build influence, create abundance, and attract the right people into your life.
They cover:
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Why caring less about opinions makes people more drawn to you.
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The two types of men when faced with success: inspired vs. jealous
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How social proof and abundance change attraction
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The danger of victimhood vs. the power of ownership
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The difference between using money as a funnel vs. a crutch
If you’ve ever wanted to level up your confidence, relationships, and circle of influence, this episode is your blueprint.
Let’s get into it.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Most people struggle with content for one simple reason—they start posting before they know what they actually stand for.
In this episode, Rich sits down with content specialist Briar Cochran tobreak down how to build a personal brand that’s clear, consistent, and built to last. The conversation centers around identifying your brand pillars—the core themes that guide what you talk about, what you stand for, and how your audience understands you.
If you’re trying to grow a personal brand, figure out what to post, or build an audience that actually trusts you, this episode breaks down the foundation most people skip.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich sits down with personal branding expert Courtney Johnson for a raw conversation on what actually separates people who win from those who stay stuck.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
*Joel built a BRRRR training with Brad Lea (Lightspeed) and are giving our listeners a major discount .
Grab it here:
training.brrrrmasters.com
They also created a FREE private Skool community where they share real deal breakdowns, step-by-step strategies, tools, templates + live Q&A.
If you want to actually take action 👇
Join free:
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Most people don’t lose because they lack ability—they lose because they never stay consistent long enough to see results.
Rich sits down with Joel Kraut for a practical conversation on what it actually takes to build momentum in business when progress feels slow. Joel breaks down why patience is a competitive advantage, how small, consistent actions compound over time, and why chasing quick wins often leads to burnout.
The discussion dives into discipline, focus, and why simplifying your approach creates better outcomes than constantly changing direction. Joel shares how to build systems that support consistency, how to manage expectations during the early stages, and why long-term thinking separates those who scale from those who stall.
Rich and Joel also unpack mindset, environment, and the importance of staying committed when results aren’t immediate. From building confidence through repetition to trusting the process, this episode connects daily execution to long-term success.
This is a grounded, no-hype conversation for anyone looking to stay consistent, build momentum, and win by playing the long game.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
*Visit michaelsheedyfitness.com to check out his testimonials and apply for coaching or follow Michael @michaelsheedyfitness on instagram and message him for help
Most people stay stuck because they’re chasing the next tactic instead of mastering the fundamentals.
Rich sits down with Michael Sheedy for a grounded conversation on what actually drives progress in business when you strip everything back. Michael breaks down why simplicity wins, how focusing on the right inputs creates predictable outputs, and why consistency over time beats intensity in short bursts.
The discussion dives into decision-making, eliminating distractions, and how to stay focused in a world designed to pull your attention in every direction. Michael shares how building structure, setting clear priorities, and committing to execution creates momentum that compounds.
Rich and Michael also unpack discipline, environment, and why most people know what to do—but don’t follow through long enough to see results. From building confidence through action to staying patient while things compound, this episode connects mindset directly to real outcomes.
This is a practical, no-fluff conversation for anyone looking to simplify their approach, stay consistent, and build momentum that actually lasts.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Sales isn’t complicated—but it does require consistency most people won’t commit to.
Rich sits down with Brad Rice to break down what actually drives performance in sales, why most people overcomplicate the process, and how mastering the fundamentals creates predictable results. Brad shares how top performers think differently about rejection, repetition, and discipline—and why confidence is built through action, not theory.
The conversation dives into messaging, volume, and why clarity in communication matters more than cleverness. Brad explains how small improvements in process can compound quickly, why tracking and accountability are non-negotiable, and how removing friction from your workflow leads to better outcomes.
Rich and Brad also unpack mindset, resilience, and why sales is less about persuasion and more about consistency and problem-solving. From building skill through reps to staying focused when results lag, this episode highlights what it really takes to win in sales long term.
This is a grounded, no-fluff conversation for anyone looking to simplify sales, improve performance, and build confidence through execution—not shortcuts.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Visit Georges consulting webpage at georgeegan.com.
Most people don’t lack opportunity—they lack direction and follow-through.
Rich sits down with George Egan for a practical conversation on what it actually takes to build momentum in business when things aren’t clear yet. George breaks down how to navigate uncertainty, why waiting for perfect timing slows everything down, and how taking action creates clarity faster than overthinking ever will.
The discussion dives into decision-making, risk tolerance, and why simplifying your focus often leads to better outcomes than chasing multiple paths at once. George shares how consistency, self-awareness, and staying close to the fundamentals can compound into real progress over time.
Rich and George also unpack the importance of environment, surrounding yourself with the right people, and why long-term thinking beats short-term validation. From execution and discipline to building confidence through action, this episode connects mindset to results in a way that’s practical and repeatable.
This is a grounded, no-hype conversation for anyone looking to gain clarity, build momentum, and move forward—without waiting for perfect conditions.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Trade Options with Kam for Free for 14 Days: https://discord.gg/TKrdXJ4JWn
Instagram: https://www.instagram.com/profitwithkam
Most people are investing in the wrong order.
Rich sits down with Kamron Dasani to break down the difference between wealth preservation and wealth acceleration — and why traditional vehicles like 401(k)s and passive index investing rarely create real financial freedom.
Kamron explains how swing trading options works, why most day traders fail, and how strategic predictions on blue-chip stocks can create asymmetric upside when managed correctly. The conversation dives into leverage, risk management, credit strategy, and why playing offense in your 20s, 30s, and 40s matters more than “playing it safe.”
They also unpack retirement myths, active vs. passive income, and why consistent wins beat chasing home runs.
This episode is a direct look at how to think differently about risk, capital, and accelerating wealth in 2026.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Hotels aren’t valued like houses—and that changes everything.
Rich sits down with Sujay Mehta, who owns and controls nearly $200M in hotel real estate, to break down how he scaled from zero into branded and boutique hotels across multiple markets. This isn’t theory—it’s operator-level strategy.
The conversation covers the real difference between boutique and branded hotels, how franchise fees actually work, and why increasing net income—not comps—is the key to forcing appreciation. Sujay also explains how small levers like pet fees, amenity fees, revenue management, and operational control can create millions in added value.
They dive into why many hotel owners are aging out, how Airbnb regulation is shifting demand back to hotels, and why self-operating gives serious investors a competitive edge.
This episode is a practical blueprint for anyone looking to understand how hotels really scale—and where the next wave of opportunity is forming.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Most investors don’t fail because they lack opportunity—they fail because they make the game harder than it needs to be.
Rich Somers sits down with Austin Schmidt to break down why simple, repeatable real estate strategies outperform complex ones—especially in today’s market. The conversation focuses on discipline, execution, and why boring fundamentals like cash flow, operations, and consistency are what actually create momentum.
This episode is a clear, no-hype reminder that doing fewer things well—and sticking with them—beats chasing the next shiny strategy every time.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Airbnb isn’t broken—but it’s getting harder to win.
Rich Somers sits down as a guest on Brad Lea's "Dropping Bombs" podcast for a candid conversation on why short-term rentals are becoming more regulated, more competitive, more operationally complex, and what experienced operators are doing to stay ahead.
Rich breaks down the shift from Airbnbs to boutique hotels, how regulation is reshaping supply, and why commercial zoning and scale are changing the game.
They also dive into risk, leverage, and why betting on yourself—through skills, relationships, and long-term thinking—often beats playing it safe. This episode offers a clear-eyed look at where short-term rentals are headed and how smart investors are adapting before the market forces them to.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
👉 The Blueprint: A Step-by-Step Guide to Opening a Residential Assisted Living
Thinking about launching or investing in a Residential Assisted Living business?
Boris & Amanda break down the exact step-by-step process—from licensing and setup to operations and scaling—in this free guide.
Normally $27, but Rich’s listeners can download it FREE using code PODCAST at checkout.
Grab your copy here: 👉 https://www.palominoseniorliving.com/residency-agreement
Learn more about Palomino Senior Living:👉 https://www.palominoseniorliving.com/
A massive demographic shift is already underway—and most investors aren’t paying attention.Rich Somers sits down with Boris and Amanda Palomino to break down why residential assisted living is quickly becoming one of the most compelling and recession-resistant real estate asset classes in the country. With millions of baby boomers entering the age of care and a nationwide shortage of beds, demand is accelerating while supply struggles to keep up.The conversation dives into how small, boutique care homes generate strong monthly cash flow, why this model avoids many of the regulatory pressures hitting Airbnb, and how investors can combine real estate appreciation with an operating business under one roof. Boris and Amanda explain market selection, licensing, staffing, and how these properties can produce meaningful income while still qualifying for powerful tax advantages.Rich also explores why this asset class is protected, how leverage and creative financing can be used responsibly, and why the “sandwich generation” is driving long-term demand for high-quality care options.This episode is a deep, practical look at an overlooked real estate strategy—built on fundamentals, demographics, and real operating leverage.
Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
The boutique hotel game isn’t hard—but it is misunderstood.
Rich breaks down exactly why boutique hotels have become one of the most compelling real estate plays right now, especially for investors coming from the Airbnb world. Drawing from firsthand experience owning and operating multiple boutique hotels, he walks through the structural advantages most people overlook—from commercial zoning and regulatory protection to operational scale under one roof.
The episode dives into real levers that drive value: eliminating unnecessary payroll, monetizing innkeeper suites, adding high-margin fees, and using tech and AI to increase revenue, improve guest experience, and drive five-star reviews. Rich shares real numbers, real examples, and how small operational changes can translate into millions in added asset value.
The conversation also explores why aging ownership, outdated operations, and the largest wealth transfer in history are creating a rare buying window—and why boutique hotels may be the natural next step for serious Airbnb operators looking to scale without multiplying headaches.
This is a practical, operator-level breakdown of how boutique hotels actually work, how value is created, and why this asset class may be one of the most overlooked opportunities in hospitality today.
Apply to join Rich's Boutique Hotel Community: hotelinvesting.com
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
What if the biggest opportunity in real estate and entrepreneurship is hidden inside your retirement account—and no one told you? In this episode of The Rich Somers Report, Rich sits down with Kaaren Hall, founder and CEO of uDirect IRA Services, to break down how investors can unlock the $40 trillion locked inside retirement accounts using self-directed IRAs.
Rich and Kaaren discuss:
- How to legally use your IRA or 401(k) to invest in real estate, private equity, and boutique hotels
- The difference between traditional custodians and self-directed ones
- Why Wall Street doesn’t want you to know about this strategy
- The most common mistakes investors make when using retirement funds—and how to avoid them
- How to structure your deals, fund your investments, and build long-term wealth using pre-tax dollars
Kaaren shares real-life examples of clients who’ve rolled over retirement accounts, invested into alternative assets, and scaled their net worth—without triggering penalties or taxes. If you’re sitting on old retirement accounts or just want to take back control of your money, this episode is your playbook.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Still broke—even though you’re working hard, reading the books, and watching all the right content? In this episode of The Rich Somers Report, Rich sits down with Albert Preciado, entrepreneur and founder of Driven, to break down 10 brutal, unapologetic truths about why most people stay stuck—and exactly what it takes to break out of the cycle.
Rich and Albert dive into:
- Why avoiding discomfort is keeping you broke
- The role of ego, distraction, and comparison in sabotaging your momentum
- Why clarity, discipline, and speed matter more than strategy
- How to stop talking about your dream life and start building it
- Why the people around you are either pulling you forward—or holding you back
Albert shares his story of hitting rock bottom, rebuilding from nothing, and why being broke was the best thing that ever happened to him. This episode isn’t here to make you feel good—it’s here to wake you up. If you're ready to finally break through, this is your moment.
Connect with Albert on Instagram: @thealbertpreciado
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
You don’t need another degree—you need ownership.
Rich sits down with Brian Luebben, founder of The Action Academy, to break down how everyday people can buy their freedom through small business acquisition and real estate investing. From leaving corporate America to building multiple seven-figure businesses, Brian shares the mindset shifts, income strategies, and frameworks that helped him replace his paycheck and live life completely on his own terms.
They cover:
- Why 9–5 jobs keep high performers trapped—and how to escape
- The “Freedom Framework” every entrepreneur needs to scale sustainably
- How to buy your first small business using creative financing
- The truth about risk tolerance and why most partnerships fail
- Why business builds freedom—and real estate builds wealth
If you’ve been stuck in a job that feels too small for your potential, this episode gives you the roadmap to break free.
Let’s go.
Connect with Brian on Instagram: @brianluebban
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
In this episode, we sit down with Blake Harrington, founder of Baja Real Estate and one of the most plugged-in voices in Cabo San Lucas. From luxury villas and beachfront condos to Airbnbs, seller financing, and why some price points are moving faster than others, Blake breaks down exactly what’s happening in the Cabo real estate market right now.
We cover the real buyer profiles coming into Cabo, how the market differs above and below the $2M mark, why high-end properties are still moving strong, and where real opportunities exist for buyers today. Blake also explains how lending works (and doesn’t), how seller financing is being used creatively, and why Cabo continues to attract high-net-worth individuals, business owners, and families from across the U.S.
Beyond real estate, we talk lifestyle — Cabo vs. San José del Cabo, where people actually live long-term, the best areas to stay, golf communities, beach clubs, hotels, restaurants, and why once you visit Cabo, you almost always come back.
If you’re thinking about:
- Buying real estate in Cabo
- Investing in short-term rentals or second homes
- Understanding where the Cabo market is heading
- Or just learning why Cabo has become a world-class lifestyle destination
This episode gives you a clear, honest, on-the-ground look from someone who’s been doing deals there for over two decades.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Momentum isn’t built by motivation—it’s built by alignment, consistency, and follow-through.
Rich Somers sits down with Jessica Burgio, the founder of @creativehousesd, for a grounded conversation on why so many people feel stuck despite doing “all the right things,” and what it actually takes to create lasting progress in business and life. Jessica breaks down how internal misalignment quietly sabotages execution, why clarity matters more than intensity, and how building trust with yourself becomes the foundation for growth.
The conversation dives into discipline, self-awareness, and the importance of creating systems that support who you’re becoming—not who you used to be. Jessica shares practical insights on identity, decision-making, and why most people confuse movement with momentum.
Rich and Jessica also explore how environment, boundaries, and honest self-evaluation shape long-term success, and why slowing down strategically often leads to faster results. This episode connects mindset to action—without fluff, clichés, or surface-level advice.
This is a thoughtful, execution-focused conversation for anyone ready to stop spinning their wheels and start building momentum that actually compounds.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
What do you learn after launching 13+ companies and generating over $300 million in revenue?
In this episode, Rich sits down with Amrinder Kamboj—tech founder, app builder, and brand architect behind some of the most downloaded apps on the planet—to unpack the real business lessons most people don’t figure out until it’s too late. From launching with no capital to scaling tech startups with celebrity partners, Amrinder shares what it actually takes to build something that lasts.
They dive into:
- Why most ideas fail (and how to test yours without wasting cash)
- The secret to building fast-moving teams that don’t burn out
- How he landed partnerships with Shaq, Pitbull, and Chris Brown
- When to pivot, when to push through, and how to know the difference
- What $300M in sales taught him about product-market fit
Whether you're building an app, a brand, or a legacy business—this one’s a masterclass.
Let’s tap in.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Most people aren’t broke because they don’t make enough money—they’re broke because they believe the wrong things about it.
Rich Somers sits down with Garrett Gunderson to break down nine common money myths that quietly keep people stuck, overworked, and financially reactive. From saving vs. investing to debt, cash flow, and the false sense of security most people chase, Garrett challenges conventional financial advice and explains why it often backfires.
The conversation focuses on thinking differently about money, aligning finances with values, and building systems that create freedom instead of stress. This episode offers a clear, practical perspective for anyone ready to stop following outdated rules—and start making decisions that actually move the needle.
DM Garrett on Instagram (@garrettbgunderson) the word "TAX" to get his free Tax Navigator Guide.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich Somers sits down with Evan Rugan to break down how he unlocked $1.5M in 0% business funding—without tax returns—and why most entrepreneurs misunderstand how access to capital actually works. Evan explains how proper entity setup, credit positioning, and timing open funding opportunities most people never see.
The conversation covers how banks evaluate risk, why personal credit often matters more than income early on, and how disciplined operators use leverage as a tool—not a lifeline. This episode offers a clear, grounded look at funding strategy for founders who want flexibility, control, and long-term optionality.
If you’re serious about funding, this is your next move. Inside the Let’s Get Funded Inner Circle, you’ll learn how real approvals happen, what lenders actually look at, and you’ll receive a FREE LexisNexis report — all for $97. Stop guessing. Start getting funded.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Storage units? Not quite. Try luxury man caves that cash flow like apartment buildings.
In this episode, Rich sits down with Ryan Garland—the #1 man cave developer in the country and the visionary behind a $500M+ real estate empire built on a wildly underrated asset class. From building “car condos” for high-net-worth collectors to stacking eight-figure exits, Ryan breaks down the niche that most investors are sleeping on.
They cover:
How he scaled a luxury storage concept into a national brand
Why man caves have insane returns (and almost zero tenant drama)
What every investor should know about zoning, land, and design
How he turns gearhead passion into portfolio equity
Why timing, scarcity, and lifestyle branding matter more than comps
If you’re looking for a real estate play that’s low competition and high profit—this is it.
Let’s ride.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
If you want to get a free audit that John built that you can run through yourself to help improve your content and marketing, go to authorityos.io.
Followers don’t come from hacks—they come from clarity, consistency, and reps.
Rich Somers sits down with John Hyland to break down what it actually takes to grow a personal brand from zero to one million followers without chasing trends or burning out. John shares the frameworks, mindset shifts, and operating principles behind scalable personal brands—and why most creators stall long before they ever build momentum.
A key part of the conversation centers on John’s work with Liver King, offering a behind-the-scenes look at what it takes to scale one of the most polarizing and recognizable personal brands on the internet. John breaks down how strong positioning, unapologetic messaging, and relentless consistency helped cut through noise—and why controversy alone doesn’t build longevity without structure behind it.
The discussion dives into positioning, content discipline, and why audience growth is a byproduct of solving real problems at scale. John explains how to think about platforms differently, why volume and iteration matter more than perfection, and how personal brands win by staying focused on message—not metrics.
Rich and John also unpack the common mistakes creators make early, how to avoid building a brand that’s dependent on virality, and why long-term relevance beats short-term spikes every time. From trust and brand identity to leverage and monetization, this episode outlines a playbook for creators who want growth that compounds.
This is a grounded, no-hype breakdown for anyone serious about building a personal brand that scales—built on discipline, clarity, and real execution, not shortcuts.
"People can get a free audit they run themselves by going to www.authorityos.io"
Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Ever thought about owning a parking lot? You should—because the margins are insane.
In this episode, Rich brings on Johnny and Clay, the duo turning overlooked patches of asphalt into high-cashflow assets. They break down how to start, scale, and profit from the parking lot business—without ever swinging a hammer or managing tenants. If you’re looking for a low-maintenance, high-ROI play… this one’s it.
They cover:
- How they turned a $30K deal into $350K+ in revenue
- Why parking lots are one of the most underrated real estate plays
- The step-by-step process for finding, analyzing, and closing your first deal
- How they use creative financing and JV deals to scale fast
- What most investors get completely wrong about cash flow
If you want to build passive income with less risk and less headache—this is the blueprint.
Let’s go.
Connect with Jonny & Clay on Instagram: @valetparkingpros
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Cash flow doesn’t always come from bigger deals—sometimes it comes from using space more intelligently.
Rich Somers sits down with Joe Moffet to break down the co-living model and why renting by the room has become one of the most reliable ways to generate cash flow in today’s market. Instead of fighting interest rates or waiting for appreciation, Joe explains how this strategy focuses on monthly income first—and why that mindset changes everything.
The conversation dives into what co-living actually is, how to identify the right markets, and what makes a property work for this model. Joe shares real numbers, buy-box criteria, and the operational details most people overlook—from parking and bathrooms to tenant screening, house rules, and culture. He also explains why certainty matters, how memberships replace traditional leases, and how this approach reduces downside risk.
Rich and Joe unpack why affordable housing demand continues to grow, how co-living solves a real problem for working professionals, and why this strategy can outperform traditional long-term rentals with fewer doors. From underwriting and market testing to managing tenants and scaling responsibly, this episode lays out a clear framework for investors who want income now—not later.
This is a grounded, no-fluff breakdown of co-living real estate for investors looking to maximize cash flow, create stability, and build momentum in any market cycle.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich sits down with Thach Nguyen – Entrepreneur, Founder of Thach Real Estate Group, Real Estate Broker, Investor, Developer. Thach is the CEO & Founder of Thach Real Estate Group, and principal of Springboard to Wealth. He’s a proud ambassador of the American Dream. During his 30 years in the real estate industry, he has built more than 300+ homes , townhouses, and multifamily units and completed over 100+ flips. Thach and his team have assisted more than 2,500+ families to create their own American Dream of home ownership, ranking him in the Top 1% of all real estate professionals nationwide.
Rich and Thach start off by discussing Thach’s experience in Newport Beach, Thach’s love for Seattle, Thach’s three person team, Thach’s childhood, how Thach went from a valet to a realtor, off market deals and rejections, Thach’s drive and his first deal, passive income, the pathway to $1 billion, and why people don’t get into real estate.
They then reflect on deals on the west coast, Rich’s first property, being bullish on San Diego and Seattle, investing in the midwest, the first deal and excuses not to invest, the best asset class in real estate right now, and the ADU game.
Lastly, they talk about townhomes in Seattle, Rich’s boutique hotel in San Diego, how to get started in real estate in 2024, licensing in San Diego, the new 1033 law in California, affordable housing in the US, renting vs living, cashflow and compounding appreciation, teaching kids the value of money, social media and content creation, short and long form content, when to start making content, the public school system, Thach’s cars, when to jump into real estate, and owning 5 rental properties.
Connect with Thach on Instagram: @thachnguyen
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
What if the only thing standing between you and a seven-figure life was taking action—before you had the perfect plan? In this episode of The Rich Somers Report, Rich brings back best-selling author and entrepreneur Dan Martell to unpack the mindset, discipline, and strategies that separate those who stay stuck from those who win big.
Rich and Dan dive into:
- Why most people never get rich—and how to break the cycle of inaction
- How Dan went from overweight and introverted to shredded, wealthy, and confident
- The secret advantage of betting on yourself even when you don’t feel “ready”
- How to use AI, media, and personal brand to dominate in 2025 and beyond
- The difference between amateurs and professionals—and how to start operating like the latter
Dan also shares what he learned from billionaires like Richard Branson, why the “bicep vein” is the new McLaren, and how to fire yourself from your business the right way. This episode is a no-fluff wake-up call to get in the game, go all-in, and start building the life you’ve been waiting for.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Money doesn’t scale until identity does.
Rich Somers sits down with Joe Moffet for a grounded conversation on why mindset—not tactics—is the real lever behind financial growth. Joe breaks down how most people sabotage themselves before they ever get started, why identity precedes income, and how shifting the way you see yourself changes the way you show up in business, investing, and life.
The discussion dives into the mental traps that keep people stuck in the 9–5, why listening to the wrong voices slows momentum, and how reframing your job as a tool—not an obstacle—can accelerate long-term freedom. Joe shares why consistency beats intensity, how proven systems eliminate fear-based decisions, and why most people never give themselves enough reps to win.
Rich and Joe also unpack the importance of environment, getting into the right rooms early, and why proximity to people living the life you want shortens the learning curve. From redefining success and patience to aligning with the right partners and roles, this conversation connects mindset directly to measurable results.
This is a practical, no-fluff discussion for anyone building toward financial independence—and ready to upgrade the way they think before trying to scale the way they earn.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Want to grow your brand and stand out in today’s AI-driven world? In this episode, Rich Somers sits down with content strategist Brandon Fortino to unpack 8 powerful strategies—from clip farming and AI avatars to split-testing, repurposing, and hosting in-person events that build real trust.
Whether you’re a creator, entrepreneur, or brand builder, these tactics will help you build an authentic, high-impact presence both online and offline.
Topics Covered:
- Clip farming for viral reach
- Cloning yourself with AI
- Split-testing like the pros
- Strategic content repurposing
- Trial Reels for new audiences
- Omnipresence across platforms
- Hosting meetups that build community
- Why authenticity always wins
Start now. Stay consistent. Play the long game.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Most side hustles fade fast. A few turn into real businesses.
Rich Somers sits down with Nick Fowler to break down how he went from $0 to $50K per month using TikTok Shop, and why this model may be one of the most overlooked opportunities heading into 2026. Instead of chasing virality, Nick explains the systems, discipline, and repetition required to make TikTok Shop work consistently—not just once.
The conversation dives into what actually drives conversions on the platform, why most people fail after early traction, and how Nick approached product selection, content volume, and iteration without relying on hype or shortcuts. He shares the mistakes beginners make, the mindset shift required to scale, and why treating this like a real business—not a quick win—is the difference maker.
Rich and Nick also unpack where TikTok Shop fits into the broader creator and ecommerce landscape, who this model is not for, and why execution beats creativity every time. From testing and reps to staying focused when results are uneven, this episode breaks down what it really takes to build durable income in a noisy space.
This is a clear, practical conversation for anyone curious about modern side hustles—and serious about turning attention into predictable revenue.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Experience matters—especially in a business where cycles, ego, and bad underwriting quietly destroy capital.
Rich Somers sits down with Oliver Shah, a hotel broker with more than 30 years in the hospitality industry, to break down what actually works in boutique hotels—and why most people underestimate the complexity behind them. Drawing from decades of transactions, Oliver shares how the best operators think differently about location, asset selection, operations, and long-term value creation.
The conversation dives into what separates a strong boutique hotel from a lifestyle project, how to underwrite hotels realistically, and why operational discipline matters more than aesthetic upgrades. Oliver explains where investors get misled, how trends come and go, and why experience across multiple cycles changes the way you evaluate risk and opportunity.
Rich and Oliver also explore the realities of hotel brokerage, the mistakes first-time buyers consistently make, and why patience, structure, and operator alignment matter more than chasing “sexy” deals. This episode pulls back the curtain on the unglamorous decisions that ultimately determine whether a boutique hotel thrives or struggles.
This is a practical, experience-backed conversation for investors and operators who want to understand hospitality beyond the highlight reel—and build something that actually works over the long term.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
From Food Network fame to building a restaurant empire—Brian Malarkey’s done it all.
In this episode, Rich sits down with celebrity chef Brian Malarkey—owner of 15+ wildly successful restaurants and host of Cutthroat Kitchen—to unpack the hustle, creativity, and business savvy behind his career. From Top Chef finalist to creating some of San Diego’s most iconic dining spots, Brian shares the highs, the risks, and the lessons learned feeding millions.
They cover:
- How to scale a restaurant brand without losing its soul
- Why location and vibe matter as much as the menu
- The business formula behind his most profitable concepts
- How TV exposure changes the game for entrepreneurs
- Why Brian bets big on people—and what he looks for in a team
Whether you’re building a brand, a business, or a legacy—this episode is a masterclass in doing it with flavor.
Let’s go.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich Somers sits down with Mike Barron for an unfiltered conversation about getting humbled, earning your stripes, and why sales is the foundation of every business that actually scales. Mike breaks down his early days working under Grant Cardone, the moment his confidence got checked, and how that experience reshaped the way he thinks about discipline, commitment, and performance.
The discussion goes deep into why talent alone doesn’t win, how ego quietly kills opportunity, and why most people never reach their potential in sales—or business—because they’re unwilling to fully commit. Mike shares hard-earned lessons from high-ticket sales, funnels, and building real systems that don’t rely on hype or shortcuts.
Rich and Mike also unpack why sales is the ultimate skill set, how it creates leverage across every industry, and why learning to sell isn’t optional if you want freedom, durability, and long-term success. From accountability and reps to leadership and personal responsibility, this conversation strips sales down to what actually matters.
This is a raw, honest look at growth through pressure, the lessons that only come from getting humbled, and why sales remains the backbone of every serious entrepreneur’s journey.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Most creators chase growth. The ones who actually scale build systems, discipline, and leverage behind the scenes.
Rich Somers sits down with Brair Cochran, who’s worked closely with top creator Shelby Sapp, to break down what really drives brand scale heading into 2026—and why most people are focusing on the wrong levers. From audience growth and content strategy to positioning, partnerships, and long-term brand equity, this conversation cuts through surface-level tactics and gets into what actually compounds.
Brair shares the biggest mistake creators make when trying to grow, the quiet advantage top creators understand early, and why scaling a personal brand isn’t about doing more—it’s about building smarter. The discussion explores how creators should think about visibility vs. credibility, short-term wins vs. long-term leverage, and why brand decisions made today determine who still matters two years from now.
Rich and Brair also dive into what separates creators who plateau from those who build durable brands, how to think like a business instead of a content machine, and what creators must prioritize now to stay relevant and scalable in 2026.
This is a grounded, strategy-first conversation for creators, founders, and personal brands who want more than followers—and are focused on building something that lasts.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Most investors spend their time chasing returns. Institutional investors focus on protecting the downside—and that difference explains exactly why today’s market looks the way it does.
Rich sits down with John Azar and Francisco Herrera to unpack what really happened during the euphoric run of 2021–2022, how undisciplined underwriting and risky debt structures created today’s wave of distress, and why many so-called “broken deals” aren’t asset problems at all—they’re capital structure problems.
The conversation cuts through the noise around cap rates, rent growth, and interest rates to highlight what actually matters: buying right, underwriting conservatively, and understanding who the buyer will be years before you ever close on a deal. John and Francisco share how institutional investors think about risk, why hope is not a strategy, and how overleveraging turned strong assets into liabilities almost overnight.
Rich also dives into why relationships outperform deal-chasing, why saying “no” for long stretches can be a competitive advantage, and how disciplined operators stay durable through every phase of the cycle.
This is a clear-eyed, no-hype discussion on capital preservation, real underwriting, and what it takes to invest like an institution when the market stops being forgiving.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich sits down with investor, entrepreneur, and economic historian Mark Moss to break down the hard truth: the system is rigged. From inflation and government overreach to the rise of digital assets and the coming economic reset, Mark explains how we got here—and what you can do to protect and grow your wealth.
They cover why traditional financial advice is outdated, how central banks are quietly reshaping your future, and the once-in-a-generation opportunity that Bitcoin and decentralized systems present.
What You’ll Learn:
- Why the dollar is losing value faster than you think
- How to position yourself in a rapidly changing world
- The case for Bitcoin as digital property
- How to build resilience in a failing system
- What the future of money, work, and freedom looks like
This episode is a must-listen for anyone who wants to break free from the old model and take control of their financial future.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
When the market gets noisy, the data gets louder. In this episode, Rich sits down with Jan Freitag — National Director of Hospitality Analytics at CoStar — for a no-spin breakdown of what’s actually happening in hotel investing right now and where the smartest capital is positioning next.
Jan pulls back the curtain on real transaction data, RevPAR trends, cap rate movement, supply constraints, and why luxury hotels are quietly becoming one of the strongest inflation hedges left. They dig into the K-shaped hospitality economy, why ultra-luxury is surging while midscale struggles, how Airbnb regulation is reshaping demand, and what tightening insurance, climate risk, and maturing debt really mean for operators over the next 24 months.
You’ll hear why some coastal and supply-constrained markets continue to command premium pricing, why distress hasn’t materialized the way investors expected, and how institutional players like Blackstone think about assets very differently than individual buyers. From CoStar’s unmatched data coverage to forward-looking predictions on rates, transactions, and demand, this episode is pure signal.
If you’re investing in hotels — or thinking about it — this is required listening. The numbers don’t lie, and this conversation tells you exactly how to read them.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
In this episode of The Report, host Rich sits down with Dan Martel’s Creative Director Sam Gaudet — one of the most dialed-in operators behind some of the most effective personal brands online today. If you’ve ever wondered how top-tier creators grow massive influence, build trust at scale, and pump out high-converting content without burning out… this conversation gives you the blueprint.
They dive deep into the frameworks, systems, and creative processes used to build Dan’s brand — from storytelling structure, to content workflows, to the psychology behind hooks that stop people mid-scroll. His guest breaks down what most creators are doing wrong, the shifts they need to make in 2025 and beyond, and exactly how to position yourself so people instantly understand who you are, what you do, and why they should care.
You’ll hear the behind-the-scenes secrets of brand architecture, the importance of counter-positioning, how to create content that actually gets shared, and why you don’t need to be the loudest voice online — you just need to be the clearest. Whether you’re an entrepreneur, coach, or creator looking to build an audience that actually converts, this episode is packed with actionable plays you can implement immediately.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Still paying for flights in cash? You’re playing the wrong game.
In this episode, Rich brings on credit king Jack McColl to expose the credit card hacks, travel tricks, and bank secrets that nobody’s teaching—but everyone should know. From stacking points to flying first class for free, Jack breaks down how to unlock the full power of credit without going into debt.
They dive into:
- The biggest lies banks tell you about personal and business credit
- How to turn credit cards into cash, travel perks, and investment leverage
- The playbook for getting $500K+ in 0% interest funding
- Why the rich never use debit cards—and how you can stop today
- How Jack flies first class to Bali, Paris, and Tulum for pennies on the dollar
If you’ve ever felt like the system was rigged—this episode hands you the cheat codes.
Play smarter. Travel better. Let’s go.
Connect with Jack on Instagram: @jackmccoll
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
In this episode of The Report, we sit down with 27-year-old entrepreneur Quinn Schilz, founder and president of Master Roofing Inc., who’s in the trenches every day building a real business with a real team and real problems to solve. From starting young in real estate and high-ticket sales to running a 20-person operation in Southern California, Quinn breaks down why sales is the ultimate skill that changes everything.
We talk about what it’s really like running a company at 27, managing payroll, hiring and firing, scaling a sales team, and constantly putting out fires while keeping the long-term vision alive. Quinn shares how high-ticket sales gave him confidence, leverage, and the ability to bounce back no matter what—and why he believes sales is the foundation of all success in business and in life.
If you want to understand:
- Why sales is the most valuable skill you can learn
- How to build and manage a real team (not just chase lifestyle flexes)
- What it takes to scale a home service business
- And how to think long-term while handling short-term chaos
This episode is packed with real-world insight, gritty experience, and practical advice from someone actually doing it. Brick by brick. Deal by deal. Vision first.
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Rich and Kassidy break down the 17 rules that pulled Rich out of the darkest, most chaotic season of his life — the mindset shifts, the habits, and the non-negotiables that took him from lost and overwhelmed to locked-in, disciplined, and operating at a completely different level.
This isn’t some cute list of “positive habits.” These are the hard-earned rules that come from losing yourself, rebuilding from scratch, and deciding to never go back to the version of you that played small, avoided discomfort, and kept sabotaging your own potential.
Rich gets brutally honest about the patterns that held him back, the accountability he had to embrace, and the lifestyle changes that forced him to grow up and lead from the front. From cutting dead weight to turning pain into momentum, from creating structure to eliminating distractions, this episode gives you the exact framework he used to take his life from chaotic to disciplined — and his results from average to undeniable.
If you’re tired of feeling stuck… if you know you’re capable of more… or if you just need the wake-up call that flips the switch inside you — this is the episode you’ve been waiting for. No fluff. No filters. Just the real rules that actually move your life forward.
*This podcast was originally an episode of the "For Your Own Good" podcast hosted by Kassidy Warren
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
What happens when you combine hospitality, design, and a vision for something extraordinary? You get Bolt Farm Treehouse—a viral luxury escape brand that scaled from a backyard treehouse into an eight-figure business. In this episode of The Rich Somers Report, Rich sits down with Seth and Tori Bolt, founders of Bolt Farm, to unpack how they built a brand that’s redefining luxury travel—one elevated stay at a time.
They dive into:
- How a single Airbnb in their backyard sparked a nationwide hospitality empire
- The mindset and risk tolerance it took to go all-in on a vision no one believed in
- Why storytelling, branding, and experience design matter more than just real estate metrics
- How they turned their viral moment into sustainable growth—and kept going
- What’s next for Bolt Farm as they expand locations, deepen impact, and inspire others to dream bigger
Seth and Tori open up about the sacrifices, the behind-the-scenes grind, and how faith, love, and long-term vision helped them build a hospitality brand with soul. Whether you're an investor, host, or entrepreneur, this episode is your reminder to build something worth escaping to.
Connect with Seth & Tori on Instagram: @boltfarmtreehouse
Somers Capital Invest AD (Jan 2026)
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Connect with Rich on Instagram: @rich_somers
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
In this episode of The Report, Rich brings on one of the sharpest minds in the game when it comes to content strategy, virality, and building brands that punch way above their weight online — Briar Cochran. If you've ever wondered why some creators explode while others stay stuck in 300-view jail, this conversation breaks it all down.
Briar reveals why personal branding is basically “digital real estate,” why the window to build influence is shrinking fast, and how AI is about to flood every niche with a thousand faces saying the exact same thing. The only people who’ll win in 2026 and beyond are the ones who build a brand now, and this episode gives you the exact blueprint.
Rich and Briar dive deep into the psychology behind hooks, shares, and scroll-stopping content, the real reason most creators plateau, and how to structure your brand so people instantly know who you are and what tribe you belong to. They get into counter-positioning, A/B testing, trial reels, storytelling frameworks, and the posting cadence that actually works in today’s algorithms.
If you're a business owner, real estate investor, or aspiring creator who wants to stand out in the most competitive content environment we’ve ever seen — this episode is a must-listen. It's packed with actionable strategies you can use today to grow fast, get noticed, and dominate your space before the window closes.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Struggling to find the balance between results and sustainability when it comes to your health and fitness? In this episode of The Rich Somers Report, Rich sits down with women’s health and fitness coach Heather Woelk to break down the real strategies that help women optimize their bodies, boost energy, and build confidence—without burning out.
Rich and Heather discuss:
Why most women are under-eating and overdoing cardio—and how to fix it
The myths around heavy lifting for women and how strength training supports fat loss
How to build a sustainable “lifestyle cut” without sacrificing your health or social life
The role of hormones, metabolism, and stress in achieving long-term results
Why cutting out alcohol can be a game-changer for energy, physique, and mental clarity
Heather shares insights from coaching thousands of women on how to fuel their bodies properly, train for their goals, and step into the strongest version of themselves. If you’re tired of the one-size-fits-all fitness advice and want a roadmap to real, sustainable results, this episode is packed with actionable steps to get you there.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Rich sits down with entrepreneur, athlete, and absolute savage of a human being, Trevor Cowley. If you’ve seen him online, you know the guy is built different — running 10 miles a day for over a year, attempting a Guinness World Record for most consecutive half marathons, and building multiple 7 and 8 figure companies… all while staying locked in on becoming the best version of himself.
Trevor breaks down the mindset behind doing hard things, why most people stay stuck at the same level for years, and how setting goals that scare you is the fastest way to reinvent who you are. The two dive deep into building teams, finding A-player talent, scaling companies without losing your sanity, and why being disciplined when you’re successful is actually harder than being disciplined when you’re broke.
This conversation is raw, real, and packed with gems for anyone who’s ready to demand more out of themselves — in business, in fitness, and in life. If you're in a season where you need to push, pivot, or level up, this episode is exactly what you need.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Airbnb is tightening regulations. Mom-and-pop hotel owners are retiring in waves. And the modern traveler doesn’t want cookie-cutter rooms anymore — they want design-driven, Instagrammable stays with real hospitality baked in.
In this episode, Rich breaks down the exact playbook he used to escape his 9–5 as an air traffic controller and build a fast-growing boutique hotel portfolio with seller financing, AI, and influencer-powered marketing. You’ll hear how he bought hotels for six figures down, doubled revenue in 60 days just by turning on OTAs, and why boomers offloading no-tech properties is the biggest wealth transfer no one’s talking about.
Rich also reveals the levers that make boutique hotels scale way faster than Airbnbs ever could: dynamic pricing with AI, automated concierge systems guests think are human, turning innkeeper suites into revenue, amenity-fee arbitrage, and a weekly influencer pipeline that no big-brand hotel can replicate.
If you’ve ever wondered how to get into hotels without being “rich,” or how boutique assets can outperform multifamily in today’s market, this is the blueprint — from acquisition to operations to forced appreciation.
Tap in. This episode will change the way you look at hospitality forever.
This is an episode of Rich Somers guesting on George and Carter Cofield's podcast.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Most people think taxes are unavoidable — but the wealthy know better. In this episode, Rich sits down with Carter Cofield and George Acheampong to break down the exact frameworks high-net-worth individuals use to legally shrink their tax bill to zero. No shady loopholes. No gray-area tricks. Just straight strategy backed by the tax code itself.
You’ll learn why self-rentals are one of the most slept-on write-offs for business owners, how the buy-borrow-die model keeps billionaires from ever triggering taxable events, and how short-term rentals and boutique hotels can legally offset W-2 income — even if only one spouse qualifies as a real estate professional. The guys go deep on trusts, HSA stacking, hiring your kids, private jets, boats, film credits, and the Augusta Rule… with real numbers behind every move.
This episode exposes how America’s tax system actually works — and how ordinary earners can start playing the same wealth game as the 1%. If you’ve ever wondered why some people seem to build wealth effortlessly while others stay capped, this conversation is the difference.
Tap in. Your accountant is going to hate how much smarter you get after this one.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Most entrepreneurs are overpaying the IRS simply because they don’t know the game. In this episode, we break down one of the wildest — and completely legal — tax strategies available to business owners right now: using Bitcoin mining equipment to get 100% bonus depreciation while stacking the best-performing asset of the last 15 years.
Rich sits down with Colin Yurcisin to expose how Bitcoin mining actually works, why power is the new gold rush, how AI and data-center scarcity are driving Bitcoin miners into insane profitability, and the exact mechanics that let business owners convert ordinary income into Bitcoin with full write-offs up front.
You’ll hear how Colin went from a $500K tax bill to discovering this loophole, why Bitcoin’s scarcity model keeps sending it to new all-time highs, and the dark side of altcoins, NFTs, Celsius, BlockFi, and every other crypto trap people got wrecked on.
If you’ve ever wondered how people legally wipe out massive tax bills while building generational wealth, this conversation is the blueprint. No fluff — just straight strategy, mindset, and real numbers.
Tap in. This one will change the way you think about money forever.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
How do you scale from nothing to nearly half a billion dollars in real estate? In this episode of The Rich Somers Report, Rich sits down with Pace Morby, real estate investor and creative finance expert, to break down the low and no money down strategies he used to acquire over $450 million in real estate.
Rich and Pace discuss:
- Why creative financing, seller financing, and sub-to deals are game-changers in today’s market.
- How Pace built a massive real estate portfolio without relying on traditional bank loans.
- The biggest mistakes new investors make when trying to scale.
- How to leverage expired listings, motivated sellers, and seller financing to buy properties with little cash.
- Why boutique hotels, RV parks, and mobile home parks are prime opportunities in the current real estate cycle.
Pace shares the exact playbook he uses to acquire high-value assets, structure deals that minimize risk, and build long-term wealth. If you’re serious about real estate investing and want to learn how the top investors are closing deals in today’s market, this episode is packed with actionable insights.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Everyone’s talking about ADUs—but few actually understand how to make them profitable.
In this episode, Rich sits down with Andrew Greer, real estate developer and founder of Real Estate Codes, to break down the truth about accessory dwelling units, the new AB 1033 law, and how investors are using backyard builds to unlock serious cashflow. From manufactured ADUs that go up in 21 days to the hidden risks behind oversaturated markets, Andrew gives a masterclass in what’s working right now in Southern California development.
They cover:
- How to spot real ADU opportunities (and avoid the fool’s gold)
- Why parking and floor plans make or break your returns
- The new law that lets you sell your backyard
- How prefab construction is cutting costs by 40%
- The biggest mistake new developers make when building for cashflow
If you’re serious about using ADUs to build wealth—and not just another overbuilt rental—this episode breaks down the playbook the pros are running in today’s market.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Becoming rich starts in your mind—long before it shows up in your bank account.
In this episode, Rich sits down with Jason Drees, mindset coach to top entrepreneurs and real estate investors (including BiggerPockets’ Brandon Turner), to unpack the mental frameworks that separate the wealthy from everyone else. From overcoming fear and breaking through upper limits to mastering the art of alignment and flow, Jason reveals how your inner world creates your outer results.
They cover:
- Why most entrepreneurs subconsciously throttle their own success
- How to remove the beliefs holding you back from growth
- The difference between being busy and being in alignment
- Why money, freedom, and confidence are all mindset games
- How to rewire your subconscious for wealth, peace, and expansion
If you’re ready to level up your business, income, and identity—but you feel stuck in the grind—this episode will show you how to play the mental game the top 1% are actually playing.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
If you’re still splitting dinner bills in your 30s and 40s—it’s time to level up.
In this episode, Rich sits down with Albert Preciado for a real conversation about money, masculinity, and what it means to be a provider in today’s world. From learning hard lessons around success and scarcity to embodying what true leadership looks like in relationships, Albert breaks down the mindset shift that turns men into producers—and providers who create abundance for everyone around them.
They cover:
- Why splitting the bill is a scarcity mindset
- The lesson that changed Albert’s life over one dinner with Bradley
- How providing forces you to grow, earn, and lead
- Why men should always pay for the date—and what it says about your standards
- The difference between being rich and being responsible
If you’re ready to reclaim your role as a provider, operate from abundance, and stop playing small with your money and your mindset—this one’s for you.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Most people think rate cuts will save them—but the truth is, we’re already out of runway.
Rich sits down with Kenny Simpson, capital markets expert and founder of KBS Lending, to break down what’s really happening in the economy heading into 2026. From record-high credit card debt to collapsing liquidity and mass layoffs, Kenny shares why most Americans are one unexpected bill away from disaster—and how savvy investors are quietly positioning for the biggest buying window in years.
They cover:
- What’s really driving the Fed’s rate cuts and when to expect the next one
- Why the job market has been the only thing holding the economy together
- How car repossessions and consumer credit reveal a brewing crisis
- Why 2026 could trigger both a refi boom and a wealth reset
- The smartest plays for investors during a high-rate, low-liquidity economy
If you’re serious about building wealth while everyone else is tightening their belts, this episode will show you exactly how to play the coming reset.
Let’s go.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
We’re living in an age of anti-aging—yet most people still have no idea what actually works.
In this episode, Rich sits down with Dr. Reza Tirgari, cosmetic surgeon, founder of Avalon Laser, and creator of the After Party recovery drink, to break down the truth behind Botox, Ozempic, NAD, and the science of feeling (and looking) younger, longer. From optimizing your body’s energy production to hacking hangovers and understanding how aging really happens at the cellular level—this one’s packed with real, science-backed value.
They cover:
- Why “diseases of the 21st century” are mostly man-made
- How NAD and glutathione slow cellular aging and boost energy
- What men get wrong about Botox—and why it’s not just for women
- How to actually recover from drinking and reduce inflammation
- The truth about Ozempic, fat loss shortcuts, and muscle retention
If you want to live longer, look better, and perform at your peak without falling for the gimmicks, this episode breaks down the truth—straight from the doctor himself.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Raising capital isn’t about money—it’s about connection, trust, and playing the long game.
In this Tulum Retreat 2025 keynote, Rich sits down with Ryan Garland, the visionary behind the world’s largest man cave developments and a $1B+ private equity firm, to break down exactly how to scale real estate the right way. From losing everything to building a powerhouse brand, Ryan shares his unfiltered lessons on capital raising, investor psychology, and how to protect what actually matters—your relationships, your reputation, and your family.
They cover:
- How to raise millions without chasing investors
- The art of building trust through personal storytelling
- Why connection is the #1 skill in capital raising
- The infrastructure every operator needs before scaling
- How to attract institutional money while staying true to your brand
If you’re ready to build wealth, raise capital, and create something that lasts longer than the next market cycle, this episode is your blueprint.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Money doesn’t change you—it exposes who you really are.
In this episode, Rich sits down with Albert Preciado, CEO of The Mortgage Guys and founder of Driven Events, to unpack the money myths that keep people broke, scared, and stuck. From growing up in scarcity to building multimillion-dollar companies, Albert shares how rewiring your mindset around money is the first step to building real wealth.
They cover:
Why saving your way to wealth will never work
The difference between “looking rich” and actually being rich
How to break free from the middle-class mindset
The truth about debt, taxes, and leverage
Why your circle is the single biggest predictor of your net worth
If you’ve ever felt like you’re doing everything “right” but still not getting ahead, this episode will wake you up to the lies that have been holding you back.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
You don’t attract what you want—you attract what you are.
Rich sits down with power couple Garin and Yesi, founders of The Gynergy Effect, for a raw conversation on dating, relationships, and becoming the kind of person who naturally attracts high-quality love. From healing after heartbreak to finding alignment in fitness, faith, and purpose, they break down how to stop settling and start showing up as your highest self.
They cover:
- Why your relationships are a mirror of your inner growth
- How to stop repeating toxic patterns and attract aligned partners
- What “high-value” really means (and it’s not money or status)
- The importance of non-negotiables and shared lifestyle values
- The frameworks they use for communication, intimacy, and long-term connection
If you’re tired of surface-level relationships and ready to attract a partner who amplifies your life instead of draining it, this one’s for you.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Six figures. Half the month off. And a pilot shortage that’s breaking records.
In this episode, Rich sits down with Captain Curt to break down why right now might be the best time in history to become a pilot. From $130K starting salaries to captains pulling in $600K–$1M a year, Curt explains how pilots are gaming the system, stacking profit shares, and flying fewer hours while earning more than ever before.
They cover:
- How a pilot shortage is creating massive opportunity in aviation
- Why Delta, United, and FedEx are leading the pay revolution
- How to go from zero experience to airline pilot in just 2–3 years
- The “double-pay” system that turns short flights into huge paychecks
- What it really takes to make $1M a year in the cockpit
If you’ve ever dreamed of flying—or just want to understand how pilots are cashing in while the industry transforms—this episode gives you the full flight plan.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Private jets aren’t just for billionaires—they’re for anyone who knows how to play the game.
In this episode, Rich sits down with private jet captain and aviation broker Captain Curt Marker to unpack what it really costs to own, charter, and operate a private jet. From $3M pre-owned Gulfstreams to $100M G700s, fuel costs, maintenance nightmares, and the wild tax benefits that come with bonus depreciation—this episode takes you inside the cockpit of the aviation business.
They cover:
- How 100% bonus depreciation is making jet ownership explode again
- The real costs of fuel, maintenance, and hangar fees (and what to budget for)
- Why Q4 is the best time to buy a jet for tax write-offs
- How to fly private for up to 80% off using “empty legs”
- The best aircrafts that hold their value—and which ones to avoid
If you’ve ever wondered what it takes to fly private, own a jet, or just want to understand the business behind aviation, this is your insider’s guide.
Connect with Curt on Instagram: @thecaptaincurt
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
From broke in his 20s to retiring his parents and buying a boutique hotel—this is how you build generational wealth from the ground up.
In this episode, Rich sits down with real estate investor and entrepreneur Blake Rocha, who’s built a $40M portfolio before turning 26. Blake opens up about growing up middle-class, moving back in with his parents to stack cash, and how he used Airbnb arbitrage, discipline, and relentless focus to buy his freedom.
They cover:
- How Blake scaled from $0 to $40M in real estate by his mid-20s
- Turning family into business partners and retiring his parents
- Why mindset and consistency beat motivation every time
- The real reason men lose purpose—and how to get it back
- His first boutique hotel deal in New York (and the dream that led to it)
If you’ve ever wondered how to break free from average and start stacking assets that change your family tree, this episode is your blueprint.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
The wealthy don’t guess what they’ll owe in taxes—they plan for it.
In this exclusive keynote from The Tulum Retreat 2025, Rich sits down with elite tax strategist Karlton Dennis to break down 12 powerful tax strategies that most CPAs have never even heard of. From self-rentals and family payroll hacks to 100% bonus depreciation and boutique hotel loopholes, this episode is packed with the plays the top 1% use to build and protect their wealth.
They cover:
- The real reason Apple and Google pay 0% in taxes (and how you can too—legally)
- Why Wyoming LLCs dominate for asset protection
- How to pay your kids $15K+ tax-free every year
- The short-term rental loophole that saves investors six figures
- Why STRs and boutique hotels are the new tax shelter for high earners
If you want to stop leaving money on the table and start thinking like the wealthy, this is your masterclass.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Most people swipe their cards for cash back. The wealthy use them to fly first class, stay in luxury resorts, and live their dream lifestyle—almost free.
In this episode, Rich sits down with Eli Facenda, aka The Travel Guy, to reveal the exact systems and hacks that turn everyday business spending into world-class travel experiences. From earning points on rent and payroll to flying Emirates first class and even showering mid-flight, Eli breaks down how to make your money work harder by mastering credit card strategy.
They cover:
- How to earn points on mortgages, rent, and payroll
- The best credit cards for business owners (and which to avoid)
- How to get 10%+ back in tax-free travel value
- The secret tools for redeeming points at 4–5x higher value
- Insider tips on booking first-class flights, airline lounges, and luxury hotels
If you’ve ever wondered how entrepreneurs travel the world in style while spending less than the average tourist, this episode gives you the full playbook.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Most people dream about flying private. The wealthy use it to buy back time.
In this episode, Rich hops on a jet with friends and investors to talk about the real mindset and money habits that create financial freedom. From strategic risk-taking to surrounding yourself with winners, this unscripted conversation dives into how the rich actually think—and why their approach to time, focus, and energy is what separates them from everyone else.
They cover:
- How to get rich by mastering leverage, not luck
- Why networking on the right plane matters more than grinding in the wrong room
- The difference between passive income and active wealth creation
- Why proximity to high performers is your fastest path to success
- The mindset shift that turns “one day” into “day one”
If you’ve ever wondered what high-level conversations about money and freedom really sound like, this is it.
Let’s take off.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Scaling your business means nothing if you lose yourself—or your family—along the way.
In this special keynote from the Tulum Retreat 2025, Rich welcomes Mikey Taylor—former pro skater turned real estate entrepreneur and mayor of Thousand Oaks—for a raw and tactical deep dive on building a thriving business without sacrificing your faith, family, or purpose. From raising capital to managing investors, leading teams, and maintaining marriage through chaos, Mikey lays out the roadmap for winning in life and business.
They cover:
- The mindset and systems behind scaling a $400M real estate portfolio
- How to raise capital ethically and attract the right investors
- The secret to building investor trust through communication and community
- Why your spouse is your greatest business asset (and how to keep it that way)
- How faith and family create long-term clarity and resilience
If you’re an entrepreneur chasing growth but craving balance—this is the blueprint to build wealth with purpose.
Let’s go.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
The Airbnb gold rush is over—and boutique hotels are taking over.
In this episode, Rich sits down with Michael Zuber (One Rental at a Time) to talk about the next big wave in real estate: boutique hotels. From regulations killing short-term rentals to 40 million baby boomers retiring and selling off mom-and-pop motels, Rich breaks down why this moment mirrors Airbnb’s early days—and how investors can capitalize on it.
They cover:
- Why Airbnb supply is shrinking while hotel demand is booming
- How retiring boomers are creating a once-in-a-generation buying window
- The 3 rules for buying boutique hotels in any market cycle
- How AI and design are redefining what “hospitality” looks like
- The exact steps to transition from short-term rentals to boutique hotels
If you’ve been thinking about scaling beyond Airbnb or getting into hospitality, this episode gives you the full blueprint for what’s next.
Let’s get into it.
Connect with Michael on Instagram: @onerentalatatime
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
You don’t need another degree—you need ownership.
Rich sits down with Brian Luebben, founder of The Action Academy, to break down how everyday people can buy their freedom through small business acquisition and real estate investing. From leaving corporate America to building multiple seven-figure businesses, Brian shares the mindset shifts, income strategies, and frameworks that helped him replace his paycheck and live life completely on his own terms.
They cover:
- Why 9–5 jobs keep high performers trapped—and how to escape
- The “Freedom Framework” every entrepreneur needs to scale sustainably
- How to buy your first small business using creative financing
- The truth about risk tolerance and why most partnerships fail
- Why business builds freedom—and real estate builds wealth
If you’ve been stuck in a job that feels too small for your potential, this episode gives you the roadmap to break free.
Let’s go.
Connect with Brian on Instagram: @brianluebban
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Nobody knows what they’re doing—and that’s your advantage.
In this episode, Rich sits down with personal branding expert Courtney Johnson to break down exactly how to stop waiting for permission, take messy action, and finally escape the 9–5 trap. From building a personal brand that attracts opportunities to using content as leverage, Courtney lays out the mindset shifts and tactical plays that actually move the needle.
They cover:
- Why confidence comes after action, not before
- The difference between documenting vs. educating (and why it matters)
- Why “cringe equals cashflow” and how to lean into discomfort
- The truth about consistency, reps, and long-term content mastery
- How to build wealth and freedom on your terms—not society’s
If you’ve been stuck in procrastination or waiting for the “perfect” time, this is your wake-up call.
Let’s get it.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
History doesn’t repeat—but it sure does rhyme.
In this episode, Rich sits down with Michael Zuber, veteran investor and host of One Rental at a Time, to break down why today’s market looks a lot like the 1980s—and what that means for the next decade of real estate. From transaction crashes and affordability issues to interest rate cycles and syndication blowups, Zuber explains how to position yourself now to ride the wave.
They cover:
- Why the 40/40/40 “go to school, get a job” model was always broken
- How today’s transaction slowdown mirrors the late 70s and early 80s
- The #1 indicator that told Zuber to sell his houses in 2006 before the crash
- Why daily discipline beats motivation—and the 5-year rule every investor should know
- How to build wealth even when the headlines are screaming doom
If you want to understand where the market’s headed—and how to play offense when everyone else is scared—this is the blueprint.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Asset protection is a game-changer for real estate investors, and Mauricio Rauld is pulling back the curtain on how to structure your LLCs for maximum security.
With over two decades of experience as the founder of Premier Law Group, Mauricio is a trusted authority in asset protection and tax strategies for real estate professionals. In this episode, he dives deep into the importance of setting up LLCs properly to protect your assets and minimize liability risks.
Mauricio breaks down step-by-step how to structure your LLCs to shield your wealth from potential threats, offering actionable advice whether you're new to real estate or a seasoned investor.
He also reveals how the right legal framework can help you navigate both liability protection and tax efficiency—crucial elements for building long-term wealth.
Rich Somers offers his perspective on how structuring LLCs and protecting assets has been a crucial part of his own real estate strategy, enabling him to scale his portfolio to $80M AUM.
Gain key insights into LLC structures, risk minimization, and safeguarding your assets against unforeseen challenges in this must-listen episode.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
He’s Coached NBA Stars Kawhi Leonard, Chris Webber, Jalen Rose—and Led SDSU to the 2023 NCAA Championship Game
From the Fab Five at Michigan to the Final Four with San Diego State—Coach Brian Dutcher has seen it all.
In this episode, Rich sits down with Coach Dutcher to break down his decades-long journey through college basketball, the rise of SDSU into a national powerhouse, and what it takes to build a winning program in today’s NIL and transfer portal era. From recruiting future NBA stars to navigating the business of college athletics, this is a masterclass in leadership, adaptability, and culture.
They cover:
- The behind-the-scenes story of SDSU’s 2023 run to the national championship game
- Coaching legends like Kawhi Leonard, Chris Webber, and Jalen Rose
- How NIL and revenue sharing are reshaping college basketball
- The recruiting playbook that keeps SDSU nationally ranked
- What really separates good college players from NBA superstars
Whether you’re a hoops junkie, an SDSU fan, or just love great leadership lessons, this episode is packed with insights you won’t want to miss.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Confidence starts at the top—literally.
In this episode, Rich sits down with Elijah Scholer, hair transplant specialist and founder of SD Hair MD, to break down the truth about hair loss, baldness, and the cutting-edge procedures giving men (and women) their confidence back. From supplements and DHT blockers to FUT vs. FUE transplants and why Turkey isn’t always the bargain people think—it’s everything you need to know about keeping your hair.
They cover:
- Why 85% of men under 50 will deal with hair loss
- The difference between male and female pattern baldness
- Supplements, peptides, and medications that actually work
- FUT vs. FUE transplants—and which one to avoid
- The real recovery timeline and what results to expect
If you’ve been thinking about restoring your hair—or just want the science behind it—this episode is packed with the game plan.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Buckle up for an unforgettable ride that spans from the cockpit to the world of real estate. Captain Curt shares his wild adventures flying private jets and his bold transition into real estate investing. With near-miss stories, high-stakes flights, and wealth-building insights, this episode blends adrenaline with smart strategies.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Automation might get attention—but human connection closes deals.
In this episode, Rich sits down with nationally ranked real estate agent and broker Gabe Mendez to unpack what’s really working in sales right now. From door knocking to open houses, webinars to social media, Gabe reveals why “going Flintstones” while everyone else goes Jetsons is the ultimate play for agents who want to thrive in today’s market.
They cover:
- Why you should answer DMs yourself—and turn them into phone calls fast
- The door-knocking playbook for building a book of business in a new city
- How to host open houses that actually generate clients
- The secret to creating content that makes you the go-to agent in your market
- Why most people wash out of real estate—and the one trait that separates the top 1%
If you’re serious about closing more deals, growing your pipeline, and building a career that lasts, this episode is packed with strategies you can use today.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Your birthday doesn’t tell the full story—your biological age does.
In this episode, Rich sits down with Ryan Smith, founder of True Diagnostic, to unpack the groundbreaking science behind measuring how old your body really is on a molecular level. From alcohol’s hidden impact on aging to the supplements, fitness routines, and even psychedelics that can reverse your biological age, Ryan reveals the future of longevity.
They cover:
- Why your organs each have a different “age” (and how to measure them)
- How drinking just 5+ drinks a week can age you 4 years faster
- The surprising role of ketamine, psilocybin, and ayahuasca in slowing aging
- Why exercise, diet, and even relationships are measurable anti-aging levers
- How Ozempic, peptides, and creatine are changing the longevity game
If you want to live longer, look younger, and feel better—this episode is your blueprint.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Struggling with ADHD, anxiety, or mental health challenges? Dr. Dan Sullivan, a leading expert in mental wellness, joins Rich Somers to break down the truth about these often misunderstood conditions and share actionable strategies to take control of your mental health.
In this episode, Dr. Sullivan reveals how ADHD and anxiety often go undiagnosed, and why the foundation of your health—from gut function to nutrient deficiencies—can significantly impact your mental well-being. He discusses the key lifestyle changes that can improve focus and emotional stability, from managing blood sugar to optimizing your sleep. Dr. Sullivan explains why mental health is not just about medication, but a holistic approach that includes diet, exercise, and emotional support.
Rich Somers emphasizes how understanding these foundational elements can empower you to make better business decisions, improve your relationships, and ultimately, build a healthier mindset.
This episode will arm you with practical steps to better manage your mental health, enhance focus, and unlock new levels of success in all areas of life.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Tiny homes, geodomes, and glamping resorts aren’t just Instagram-worthy—they’re serious cash-flow plays.
In this episode, Rich sits down with Garrett Brown—real estate investor, BiggerPockets host, and founder of Cameron Ranch Glamping—to break down the booming world of unique stays. From $129K tiny homes that gross $115K/year to geodomes, RV parks, and boutique hotel conversions, Garrett shares exactly how he’s scaling outdoor hospitality into a long-term wealth machine.
They cover:
- How a $129K tiny home pulls $115K/year in revenue
- The pros and cons of geodomes, tiny homes, and glamping sites
- Why outdoor amenities like saunas, fire pits, and pickleball courts drive 30–40% more bookings
- How to scale from one unique stay to a full-on commercial resort
- The secret to 75%+ direct bookings (and how to escape Airbnb reliance)
If you’ve been curious about the outdoor hospitality wave—or want to own properties people can’t stop posting about—this episode is your playbook.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
From a social dynamics coach, this is how you change the game.
In this episode, Rich sits down with Michael Sartain, host of Access Vegas and founder of the MOA Mentoring Program. Known for blending evolutionary psychology with real-world experience, Michael breaks down what it really takes to build influence, create abundance, and attract the right people into your life.
They cover:
- Why caring less about opinions makes people more drawn to you
- The two types of men when faced with success: inspired vs. jealous
- How social proof and abundance change attraction
- The danger of victimhood vs. the power of ownership
- The difference between using money as a funnel vs. a crutch
If you’ve ever wanted to level up your confidence, relationships, and circle of influence, this episode is your blueprint.
Let’s get into it.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
From corporate cubicle to boutique hotel developer—this is how you flip the script.
In this episode, Rich sits down with Mike Demson, a former Airbnb employee who walked away from the W-2 grind to build a portfolio of boutique hotels. From spotting undervalued properties to designing experiences travelers actually crave, Mike breaks down how he’s turning his insider knowledge of Airbnb into long-term wealth in hospitality.
They cover:
- Why Mike left Airbnb to go all-in on boutique hotels
- The one thing travelers want most (and most investors miss)
- How to finance, reposition, and scale boutique stays
- Why creating community is more profitable than chasing comps
- Where the next wave of unique stays is happening right now
If you’ve ever dreamed of trading short-term rentals for something bigger, this is your roadmap.
Let’s get into it.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
From sleeping in a car to running a $60M brand in just two years—Alejandro Vela’s story doesn’t even sound real.
In this episode, Rich sits down with Alejandro (El Barbas Hats) to break down how he went from failed restaurants, tow trucks, and street food hustles to building one of the fastest-scaling hat brands in the world. From selling at swap meets to collabs with Mexico’s biggest artists and $1.3M drops in minutes—this is the blueprint for turning nothing into everything.
They cover:
- How eight failed businesses became the foundation for a $60M empire
- The exact moment he went from homeless to unstoppable
- Why hats became the ultimate scalable fashion product
- How he used TikTok to test, market, and blow up his brand
- The mindset shift that turned every failure into fuel
If you’ve ever felt like you were too far behind, this episode proves you’re one decision away from a whole new life.
Let’s get it.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What happens when one of the world’s biggest real estate moguls calls out California’s leadership? In this explosive episode, Rich Somers hosts Grant Cardone for an unfiltered conversation about the incompetence fueling California’s wildfires, rising homelessness, and runaway taxes. Grant opens up about the devastation of watching his $65M Malibu home nearly burn to the ground—and why he blames poor leadership and neglected infrastructure for the destruction.
The conversation doesn’t stop there. Grant dives into:
- His $100M lawsuit with Gary Brecka and why their partnership unraveled.
- A groundbreaking real estate fund blending Bitcoin and multifamily investments for game-changing returns.
- Why California’s priorities are backwards and his bold plan to rebuild the state in just 12 months.
Packed with fiery takes, strategic insights, and Grant’s signature energy, this episode is a must-listen for anyone interested in real estate, leadership, and the future of California.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Is Cabo San Lucas the next big destination for luxury real estate? In this episode, Rich Somers sits down with Blake Harrington, owner of Corcoran Baja Real Estate, to explore why this market is booming. Blake shares insights on Cabo’s unmatched lifestyle appeal, from its quick connectivity to the U.S. to its world-class amenities, luxury developments, and stunning natural beauty.
Rich and Blake dive into the challenges and opportunities of investing in Cabo, including the all-cash market, the evolving buyer demographic, and how developers are redefining the region with high-end projects. They also discuss the importance of community, local culture, and why Cabo is becoming a mainstay for high-net-worth individuals seeking second, third, or even fourth homes.
Whether you’re a seasoned investor or just curious about the hottest spots south of the border, this episode delivers the inside scoop on why Cabo San Lucas is trending as a premier destination for luxury living and smart investments.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Own real estate and ready to buy your first boutique hotel? Let’s talk—get on a call and start your journey before the year ends: www.hotelinvesting.com.
Ready to dive into the world of experiential boutique hotels and micro-resorts? Ben Wolff, Co-founder of Onera and Oasi, a leader in creating transformative hospitality experiences, shares his expertise on why these types of properties are revolutionizing the travel and investment landscape.
Ben talks about how the demand for experiential stays is reshaping the hospitality industry, why smaller, immersive properties are surpassing traditional hotels, and the key factors for successful projects. He also offers his proven strategies for identifying prime locations, curating unforgettable guest experiences, and securing financing for boutique hotel developments.
Rich Somers highlights how these unique properties are shaping the future of travel and creating lucrative opportunities for investors looking to tap into this growing market.
With Onera’s success, including their landmark sale of a landscape hotel to Summit Hotel REIT in 2022, and Oasi's innovative marketing strategies, Ben’s insights are invaluable for investors looking to break into experiential boutique hotels and micro-resorts.
This episode is a must-listen if you're interested in capitalizing on one of the most exciting trends in modern hospitality.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Looking younger isn’t luck—it’s science, strategy, and consistency.
In this episode, Rich sits down with Dr. Alex Roher, founder of SD Botox, to break down the truth about anti-aging and how to actually feel younger while looking younger. From Botox and fillers to testosterone, peptides, cold plunges, and red light therapy, they cover the real tools that keep your energy high and your body performing at its peak.
They dive into:
- Why Botox is preventative—not just for people in their 60s
- The risks and rewards of fillers (and why subtlety matters)
- How testosterone and peptides are changing the game for men and women
- The anti-aging benefits of cold plunges, cryo, and red light therapy
- Why your muscle mass and grip strength are two of the best predictors of longevity
If you want to extend your youth, increase your energy, and stay sharp as you age—this episode is your playbook.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Tired of following the traditional 401(k) path? In this episode, Rich Somers and Cassidy Warren break down why the 401(k) might not be the best investment vehicle for building wealth and how the system benefits Wall Street more than it does the average American.
They challenge conventional wisdom on retirement savings and explain why investing in real estate or leveraging your money in other ways can lead to far greater returns. Rich and Cassidy share their personal experiences, revealing how pulling money out of a 401(k) and investing in real estate helped them build wealth faster than sticking to traditional retirement plans.
Learn how the 401(k) system works against you and why you might be better off taking control of your own investments. This episode will change the way you think about your retirement, and provide the insight you need to start creating long-term wealth on your own terms.
Don’t wait until you’re 59 ½ to see the full benefits. Find out how you can make your money work harder for you now!
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Dating isn’t broken—you’re just playing the wrong game.
In this episode, Rich sits down with a men’s psychology dating coach to unpack the unfiltered truths about relationships, attraction, and building something that actually lasts. From confidence and communication to red flags and modern dating dynamics, this one’s all about leveling up how you show up in love.
They cover:
- The psychology hacks that instantly make you more attractive
- Why most men sabotage themselves without realizing it
- How to spot red flags early—and avoid years of wasted time
- The difference between casual dating and building a real partnership
- Why confidence, presence, and purpose matter more than looks or money
If you’ve been struggling in the dating world—or just want to get relationships right—this is the blueprint.
Let’s go.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
One house. $60K a month. Assisted living is the most slept-on cash flow play in real estate.
In this episode, Rich sits down with Serg Lupescu to break down how a single-family home can be converted into a high-performing assisted living facility—and why this niche is creating millionaire investors faster than almost any other strategy. From licensing and staffing to cash flow and scalability, Serg gives the full playbook.
They cover:
- How to turn one house into $40K–$60K/month in revenue
- The startup costs and systems you must have in place
- Why assisted living outperforms almost every other asset class
- The biggest mistakes new operators make (and how to avoid them)
- How to scale from one property to a full portfolio
If you’re serious about building wealth and want a business that makes real impact, assisted living is the move.
Let’s go.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Can you really build a million-dollar brand from your phone? In this episode of The Rich Somers Report, Rich sits down with content and personal brand expert Neel Dhingra to break down the exact strategies that have helped him and countless others grow their businesses, land high-ticket clients, and scale their income—all through social media and a smartphone.
They cover:
Why content creation is the most powerful skill in 2025—and how to leverage it to grow your business.
The biggest mistakes holding people back from building an audience and monetizing their brand.
How consistency, niche selection, and storytelling are the keys to creating viral, shareable content.
Why podcasting and long-form content are underrated wealth-building tools.
Neel also shares insider growth hacks used by top creators like Alex Hormozi, Dan Martell, and Gary Vee—including the #1 secret to making content that gets millions of views. Whether you're in real estate, coaching, or any other industry, this episode is packed with actionable steps to help you turn your iPhone into a money-making machine.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Is real estate still the best path to wealth, or is private equity the next level? In this episode of The Rich Somers Report, Rich sits down with Kris Krohn, a real estate investor, entrepreneur, and private equity expert, to break down why 90% of millionaires are created through real estate, but 100% of billionaires are made through private equity.
Rich and Kris dive into:
- How Kris went from saving up $5,000 for his first FHA loan to building a massive real estate portfolio.
- Why house hacking and leveraging equity helped him scale from one deal to financial freedom.
- How private equity and leveraged buyouts allow investors to acquire companies with little to no money down.
- The greatest wealth transfer in history and why 1 million businesses are for sale right now.
- Why baby boomer-owned businesses are one of the biggest untapped opportunities for investors today.
Kris shares how he is shifting from real estate into private equity, acquiring businesses, and positioning himself to scale to a billion-dollar net worth. Whether you’re a real estate investor looking to level up or an entrepreneur thinking about business acquisitions, this episode will change the way you think about wealth-building.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Not all tequila is created equal—and some brands are getting exposed.
In this episode, Rich sits down with Robert Laird, the CEO of Dios Azul Tequila, to unpack why real tequila is one of the cleanest spirits you can drink—and the shady practices behind the brands that aren’t playing by the rules. From additives and fake aging to class action lawsuits shaking the industry, Robert breaks it all down.
They cover:
- How to tell if your tequila is pure (and why most aren’t)
- The additives hiding in plain sight on store shelves
- Why 100% agave isn’t the full story
- The lawsuits targeting major celebrity tequila brands
- How to find, taste, and invest in the good stuff
If you love tequila—or just want to know what you’re actually drinking—this one will change how you order your next pour.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
From Food Network fame to building a restaurant empire—Brian Malarkey’s done it all.
In this episode, Rich sits down with celebrity chef Brian Malarkey—owner of 15+ wildly successful restaurants and host of Cutthroat Kitchen—to unpack the hustle, creativity, and business savvy behind his career. From Top Chef finalist to creating some of San Diego’s most iconic dining spots, Brian shares the highs, the risks, and the lessons learned feeding millions.
They cover:
- How to scale a restaurant brand without losing its soul
- Why location and vibe matter as much as the menu
- The business formula behind his most profitable concepts
- How TV exposure changes the game for entrepreneurs
- Why Brian bets big on people—and what he looks for in a team
Whether you’re building a brand, a business, or a legacy—this episode is a masterclass in doing it with flavor.
Let’s go.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
In this episode, Rich Somers sits down with investor, entrepreneur, and economic historian Mark Moss to break down the hard truth: the system is rigged. From inflation and government overreach to the rise of digital assets and the coming economic reset, Mark explains how we got here—and what you can do to protect and grow your wealth.
They cover why traditional financial advice is outdated, how central banks are quietly reshaping your future, and the once-in-a-generation opportunity that Bitcoin and decentralized systems present.
What You’ll Learn:
- Why the dollar is losing value faster than you think
- How to position yourself in a rapidly changing world
- The case for Bitcoin as digital property
- How to build resilience in a failing system
- What the future of money, work, and freedom looks like
This episode is a must-listen for anyone who wants to break free from the old model and take control of their financial future.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to grow your brand and stand out in today’s AI-driven world? In this episode, Rich Somers sits down with content strategist Brandon Fortino to unpack 8 powerful strategies—from clip farming and AI avatars to split-testing, repurposing, and hosting in-person events that build real trust.
Whether you’re a creator, entrepreneur, or brand builder, these tactics will help you build an authentic, high-impact presence both online and offline.
Topics Covered:
- Clip farming for viral reach
- Cloning yourself with AI
- Split-testing like the pros
- Strategic content repurposing
- Trial Reels for new audiences
- Omnipresence across platforms
- Hosting meetups that build community
- Why authenticity always wins
Start now. Stay consistent. Play the long game.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Most people stay broke—not because they lack potential, but because they never learn the rules of the game.
In this episode, Rich and Cassidy Warren break down 11 unfiltered life secrets that will help you stop playing small and start building real wealth. From taking messy action and surrounding yourself with killers, to controlling your emotions and showing up when it’s uncomfortable—this one’s straight fire.
They cover:
- Why most men die at 25 but aren’t buried until 75
- The fastest way to become the version of you that actually gets results
- How to get in rooms where your dreams are other people’s reality
- Why money loves speed—and poverty loves indecision
- The real reason top performers aren’t smarter, just more committed
If you’ve been stuck, waiting, or playing scared—this is the wake-up call you needed.
Let’s get it.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to become a millionaire? This is the lowest-risk, highest-leverage path almost no one talks about.
In this episode, Rich sits down with powerhouse duo Michael and Tracy—the SD Mortgage Couple—to break down exactly how everyday Americans are stacking 7-figure real estate portfolios with little to no money down. From FHA to VA loans, they explain how to buy $5M+ in real estate in just a few years… even if you're starting from zero.
They cover:
- How to buy 10 doors in 3 years using strategic loan sequencing
- Why the VA loan is the most underutilized wealth-building tool in America
- The step-by-step play to get a $1M home with 0% down
- How to negotiate seller credits and use down payment assistance the right way
- The “marry/divorce/remarry” strategy that’s more common than you think
If you want the blueprint for building wealth in real estate without needing $100K in the bank, this is the episode.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Pickleball isn’t just a sport—it’s a movement. And yes, top players are pulling in 8 figures.
In this episode, Rich sits down with pro pickleballer DJ Young to talk about the meteoric rise of the fastest-growing sport in America—and how players, brands, and entrepreneurs are all cashing in. From big-league contracts and sponsorship deals to custom paddle companies and wild new business ideas (like pickleball on yachts), this one covers it all.
They get into:
- How DJ went from athlete to founder—building a 6-figure paddle brand
- Why top players are making $2M–$3M/year (and how they’re stacking income)
- What most people don’t know about the MLP vs. PPA tour structure
- The massive opportunity in pickleball-themed travel, Airbnbs, and charter experiences
- Why personal brand matters just as much as your ranking
If you’re curious about the future of sports, lifestyle branding, or niche empires—this is your playbook.
Let’s get it.
Connect with DJ on Instagram: @djyoungpb
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Rich and Pace speak on the fundamentals of subject-to real estate deal, the types of candidates that make for a good seller, defaulting on sub-to deals, positioning landlords to lenders, and negotiating with maximum leverage. They also discuss the willingness to over-paying on a property, amortization, and bank lending.
Connect with Pace on Instagram: @PaceMorby
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
A nudist colony. Psychedelics. Multi-million dollar music festivals. Kevin Cho’s playbook is anything but conventional—and that’s the point.
In this episode, Rich sits down with Kevin Cho to unpack how he’s combining counterculture, consciousness, and capitalism to build one of the most unique investment portfolios out there. From buying a nudist resort and rebranding it into a spiritual wellness haven to monetizing microdosing and breaking down the real business behind festivals—this one’s wild, tactical, and loaded with game.
They cover:
- Why Kevin bought a nudist colony (and how he’s turning it into a profitable retreat space)
- The truth about psychedelics, microdosing, and optimizing performance
- How to actually make money throwing festivals (most people don’t)
- The “underground” hospitality trends that are going mainstream
- Why investing in vibes, brand, and community is the next wave
If you’re ready to play the game differently—and profit from the shift—this episode is your invitation.
Let’s get weird (and rich).
Connect with Kevin on Instagram: @consciouskecho
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
From rental properties to a full-blown wellness boutique hotel—Soli Cayetano went all in. At just 26, she bought and repositioned a 13-room hotel in Palm Springs, turning it into a luxury destination with cold plunges, rain rooms, and Himalayan salt saunas. Now, it's racking up press in Forbes, Vogue, and Travel & Leisure’s Top 100 Hotels in the World.
In this episode, we unpack Soli’s first hotel deal, including the capital stack, PR strategy, revenue streams, and why she believes direct bookings are the future. She shares how she raised $2.5M, drove 90%+ direct bookings, built a killer on-site staff, and is now outperforming projections—without relying on OTAs. We also dive into the rise of wellness hospitality, building community through hotels, and how she’s stacking amenities for maximum ROI.
Connect Soli on Instagram at @lattes.and.leases and her hotel at @terrapalmsprings.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to build wealth in real estate? Start by knowing what not to buy.
In this episode, Rich links up with Mikey Taylor to expose the most common mistakes investors make when chasing deals—and why owning the wrong type of real estate can quietly kill your returns. From high-rise condos and HOAs to the myth of the “dream home,” Mikey breaks down the numbers, the opportunity costs, and what the wealthy do differently.
They dive into:
- Why high-rise condos are the worst-performing asset class in real estate
- The real reason renting isn’t “throwing money away”
- What the Fed’s rate hikes actually created in the housing market
- How Mikey saves $8K/month and invests the difference in cash-flowing properties
- Why cash flow isn’t king—and what really builds wealth long term
If you want to think like an investor, not a homeowner, this one will shift your entire lens.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Biggest tax cuts in U.S. history? They're here—and they don’t just help the rich.
In this episode, Rich brings back elite tax strategist Amanda Han to break down the “One Big Beautiful Bill,” a sweeping new law packed with tax benefits for business owners, real estate investors, W-2 workers, gig economy pros, and everyone in between. From 100% bonus depreciation to tax-free overtime, this might be the most important episode you hear before the end of the year.
They dive into:
- How real estate investors can double their write-offs overnight
- The $25K tip income and overtime tax-free thresholds
- Whether your G-Wagon or jet qualifies for a full write-off
- Why you might want to retire your spouse to save six figures
- How the new “Trump Account” for kids can build generational wealth
If you’re tired of overpaying the IRS, this is your roadmap to play the game better—and keep more of what you earn.
Let’s go.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
From skate icon to sobriety leader, Brandon Turner’s second act is bigger than the fame.
In this episode, Rich sits down with pro skater Brandon Turner to unpack the journey from global success and addiction to healing, impact, and purpose. Brandon shares how hitting rock bottom gave him the clarity to rebuild—and how he’s now using that path to help others rise through recovery, mindset, and movement.
They get into:
- How skateboarding saved his life—again
- The truth about addiction in high-performance circles
- Why he founded West Side Recovery and how it’s changing lives
- How breathwork, mindset, and discipline became his edge
- What legacy looks like after fame, and why it hits harder now
If you’ve ever struggled with identity, purpose, or staying on track—this one’s a raw, powerful reminder that your comeback can be your calling.
Let’s get into it.
Connect with Brandon on Instagram: @bturner_
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
You can build the business, the body, and the bank account—but if you fail your marriage, what was the point?
In this episode, Rich sits down with Dan Martell to talk about the real flex: building a thriving family while scaling a successful company. From dating your wife to homeschooling your kids (even when they’re in school), Dan drops the unfiltered truth about what it takes to show up fully—as a husband, father, and leader.
They cover:
- Why your wife’s happiness is the foundation of a strong family
- The simple mindset shift that will 10x your relationship
- How Dan thinks about education, priorities, and parenting in the AI era
- Why most men fall off after marriage—and how to stay in shape for you
- The reason he doesn’t care about his kids’ grades (and what he teaches them instead)
If you want to build a legacy that actually matters, this one’s your blueprint.
Let’s go.
Connect with Dan Martell on Instagram: @danvmartell
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Storage units? Not quite. Try luxury man caves that cash flow like apartment buildings.
In this episode, Rich sits down with Ryan Garland—the #1 man cave developer in the country and the visionary behind a $500M+ real estate empire built on a wildly underrated asset class. From building “car condos” for high-net-worth collectors to stacking eight-figure exits, Ryan breaks down the niche that most investors are sleeping on.
They cover:
- How he scaled a luxury storage concept into a national brand
- Why man caves have insane returns (and almost zero tenant drama)
- What every investor should know about zoning, land, and design
- How he turns gearhead passion into portfolio equity
- Why timing, scarcity, and lifestyle branding matter more than comps
If you’re looking for a real estate play that’s low competition and high profit—this is it.
Let’s ride.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Thinking about ground-up development? This episode might save you years—and millions.
In this one, Rich sits down with Austin Schmidt, a real estate developer who’s lived through the chaos, wins, and war stories of building multifamily from scratch. From fighting the city to getting permits approved to making deals penciled after rising interest rates, Austin lays out the full, unfiltered blueprint for anyone who wants to get into development and actually win.
They cover:
- Why most developers quit after their first deal (and how to survive it)
- What makes a city “developer-friendly” (and the red flags to watch for)
- How to raise capital for your first ground-up project
- The difference between theoretical spreadsheets and real-world construction delays
- Why Austin still bets on development—and where he’s building next
If you’re even thinking about going vertical, this is the 67 minutes you need.
Let’s get into it.
Connect with Austin on Instagram: @luxbuilders
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Shipping container homes. Floating hotels. Golf-course-turned-micro-resorts. This is the future of travel—and it’s rewriting the rules for real estate investors.
In this Saturday edition, Rich links up with Isaac French to explore how unique stays are disrupting the hospitality game and creating wildly profitable investment opportunities. From viral builds to zoning loopholes, they break down what’s working right now and how to get in early.
They dive into:
- How one guy turned $20K shipping containers into a $1K/night Airbnb and 1.5M followers
- Why floating homes are skirting hotel regulations—and crushing waterfront returns
- The ROI power of landscaping (and how it can beat depreciation)
- What to do with dead golf courses, empty land, and old RV parks
- How to build a stay so unique, it becomes a brand
If you’re bored of duplexes and cookie-cutter STRs, this is your permission slip to think way bigger.
Let’s build something worth talking about.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Ever thought about owning a parking lot? You should—because the margins are insane.
In this episode, Rich brings on Johnny and Clay, the duo turning overlooked patches of asphalt into high-cashflow assets. They break down how to start, scale, and profit from the parking lot business—without ever swinging a hammer or managing tenants. If you’re looking for a low-maintenance, high-ROI play… this one’s it.
They cover:
- How they turned a $30K deal into $350K+ in revenue
- Why parking lots are one of the most underrated real estate plays
- The step-by-step process for finding, analyzing, and closing your first deal
- How they use creative financing and JV deals to scale fast
- What most investors get completely wrong about cash flow
If you want to build passive income with less risk and less headache—this is the blueprint.
Let’s go.
Connect with Jonny & Clay on Instagram: @valetparkingpros
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What do you learn after launching 13+ companies and generating over $300 million in revenue?
In this episode, Rich sits down with Amrinder Kamboj—tech founder, app builder, and brand architect behind some of the most downloaded apps on the planet—to unpack the real business lessons most people don’t figure out until it’s too late. From launching with no capital to scaling tech startups with celebrity partners, Amrinder shares what it actually takes to build something that lasts.
They dive into:
- Why most ideas fail (and how to test yours without wasting cash)
- The secret to building fast-moving teams that don’t burn out
- How he landed partnerships with Shaq, Pitbull, and Chris Brown
- When to pivot, when to push through, and how to know the difference
- What $300M in sales taught him about product-market fit
Whether you're building an app, a brand, or a legacy business—this one’s a masterclass.
Let’s tap in.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Still debating whether to chase cash flow or buy for appreciation?
In this episode, Rich sits down with legendary real estate investor Thach Nguyen to unpack the truth about building long-term wealth—and why most investors are thinking way too small. From his first $15K-down rental to a billion-dollar net worth vision, Thach breaks down how to play the real game: buying assets that compound while you sleep.
They cover:
- The biggest mistake broke investors make when chasing passive income
- Why appreciation markets like San Diego and Seattle create generational wealth
- When to buy for cash flow—and when it’s time to trade up
- How Thach turned one property into an empire with no outside investors
- The mindset shift that separates legacy builders from everyone else
If you're in this for freedom and net worth, this episode is your blueprint.
Let’s level up.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Are robots really taking over? Or is that just clickbait?
In this episode, Rich sits down with Pace Morby for a wild deep dive into automation, AI, and the uncomfortable truth about the jobs that won’t exist in 10 years. From therapists and baristas to pilots and plastic surgeons, Pace makes the case that the shift isn’t coming—it’s already here. And if you’re not adapting, you’re getting left behind.
They cover:
- Why 60% of jobs might vanish—and which ones are actually safe
- The Starbucks moment that made Pace wish he could talk to a robot instead
- How AI therapy is already outperforming humans (and why that matters)
- What Japan’s collapsing population reveals about our future
- Why your kids might choose relationships with their phones over people
If you’ve been sleeping on what’s coming with AI, this is your wake-up call.
Adapt or get replaced. Let’s get into it.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Still paying for flights in cash? You’re playing the wrong game.
In this episode, Rich brings on credit king Jack McColl to expose the credit card hacks, travel tricks, and bank secrets that nobody’s teaching—but everyone should know. From stacking points to flying first class for free, Jack breaks down how to unlock the full power of credit without going into debt.
They dive into:
- The biggest lies banks tell you about personal and business credit
- How to turn credit cards into cash, travel perks, and investment leverage
- The playbook for getting $500K+ in 0% interest funding
- Why the rich never use debit cards—and how you can stop today
- How Jack flies first class to Bali, Paris, and Tulum for pennies on the dollar
If you’ve ever felt like the system was rigged—this episode hands you the cheat codes.
Play smarter. Travel better. Let’s go.
Connect with Jack on Instagram: @jackmccoll
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Curious about how exotic cars can unlock new networking opportunities? Join Rich Somers as he dives into a high-octane conversation with Clem Connor, founder of the exclusive car club, Fast Lane Drive, that transforms driving into a gateway for success.
In this episode, Clem reveals how owning exotic cars can open doors to high-net-worth individuals and new business opportunities. He shares practical tips on the financial aspects of buying and leasing luxury vehicles and explains how to leverage them for maximum visibility.
Rich and Clem also discuss the strategic benefits of using exotic cars to enhance personal branding and build meaningful connections. If you want to understand how to use luxury cars to accelerate your career and expand your network, this episode is a must-listen!
Connect with Clem on Instagram: @clemcnr
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What does it take to truly succeed in business and defy the odds? Join Rich Somers as he chats with Travis Chambers, the visionary behind Outpost X, a one-of-a-kind sci-fi movie set hotel in the Utah desert. After a remarkable $17 million exit from Chamber Media, Travis opens up about his journey—from a childhood filled with adversity to crafting an extraordinary experience that transports guests into another world.
In this captivating episode, Rich engages Travis in an exploration of entrepreneurship, where the importance of sales skills and meticulous attention to detail becomes paramount.
They discuss how Outpost X is more than just a hotel; it’s a transformative space of healing and imaginative escape, inviting guests to immerse themselves in a truly unique experience.
Travis reflects on the challenges he has faced, including the complex legacy tied to his father's involvement in the Roundup/Monsanto crisis, and how these experiences have shaped his mission.
The conversation delves into workplace culture, the critical role of innovation in hospitality, and the unique challenges of funding unconventional stays in a market that often shies away from the new and untested.
Travis shares invaluable insights on overcoming adversity and the transformative power of vision in entrepreneurship. With an adventurous spirit, he inspires listeners to embrace opportunities and challenge the status quo.
Connect with Travis on Instagram: @travis_chambers
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Broke? Here’s what most people do wrong—and exactly what to do instead.
In this episode, Rich replays his interview with real estate investor and entrepreneur Ryan Pineda, diving into the mindset and strategy shift that took Ryan from broke athlete to multi-millionaire brand builder. This one’s not just about money—it’s about how to pivot fast, ditch victim mode, and take full control of your outcome.
They break down:
- Why your first move out of survival mode shouldn’t be saving—here’s what to focus on instead
- How Ryan leveraged attention and personal brand to explode every business he built
- The myth of “work-life balance” (and why seasons of obsession matter)
- What broke entrepreneurs get wrong about scaling
- Ryan’s best advice for anyone starting from scratch with zero capital
Whether you're on your last $100 or looking to reinvent yourself, this episode gives you a no-BS roadmap to make it happen.
Let’s get into it.
Connect with Ryan on Instagram: @ryanpineda
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Still clinging to a scarcity mindset? That’s what’s keeping you broke—and stuck.
In this episode, Rich links up with Alex Johnson for a Saturday Edition that unpacks one simple truth: competition happens at the bottom, but collaboration is how you get to the top. They share how the real movers are partnering, exchanging ideas, building things together—and why staying siloed is a guaranteed way to lose in business, real estate, and life.
They cover:
- Why trusting the wrong people with your dreams will kill your momentum
- How to evaluate potential partners using Rich’s 3-rule checklist
- What the best collabs in the mastermind have created (and how to find yours)
- The exact moment Rich stopped hoarding information—and everything leveled up
- Real examples of turning podcast guests, meetups, and mentors into wealth
If you’re serious about growing, making money, and surrounding yourself with winners—it starts with shifting how you think.
Let’s build. Together.
Connect with Alex on Instagram: @ajohns_
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Still stuck in the cycle of restriction, cardio, and confusion when it comes to fat loss?
In this episode, Rich brings on Katy Liftz—a no-BS online coach with a massive following—for a truth-filled breakdown of the 15 biggest fat loss myths still wrecking people’s results. From “clean eating” and cortisol fearmongering to the real deal on Ozempic, Katy dismantles the noise and replaces it with facts that actually move the needle.
They cover:
- Why low calorie isn’t always the move—and how to tell when it’s wrecking your metabolism
- The trap of relying on cardio for fat loss (and what to do instead)
- If Ozempic is a cheat code or a crutch—and what no one’s saying about it
- The truth about cortisol, hormones, and “toning” workouts
- Why muscle is your metabolism’s best friend—and how to build it faster
Whether you’re lifting, cutting, or just tired of trying everything and seeing nothing—this one’s packed with clarity, fire, and a blueprint that works.
Time to tune out the noise and get results that last.
Connect with Katie on Instagram: @katyliftz
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Asset protection is a game-changer for real estate investors, and Mauricio Rauld is pulling back the curtain on how to structure your LLCs for maximum security.
With over two decades of experience as the founder of Premier Law Group, Mauricio is a trusted authority in asset protection and tax strategies for real estate professionals. In this episode, he dives deep into the importance of setting up LLCs properly to protect your assets and minimize liability risks.
Mauricio breaks down step-by-step how to structure your LLCs to shield your wealth from potential threats, offering actionable advice whether you're new to real estate or a seasoned investor.
He also reveals how the right legal framework can help you navigate both liability protection and tax efficiency—crucial elements for building long-term wealth.
Rich Somers offers his perspective on how structuring LLCs and protecting assets has been a crucial part of his own real estate strategy, enabling him to scale his portfolio to $80M AUM.
Gain key insights into LLC structures, risk minimization, and safeguarding your assets against unforeseen challenges in this must-listen episode.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
On today’s episode Rich sits down with Soli Cayetano - Real Estate Investor, Entrepreneur, and Founder of Out Of State Investor Academy. Soli is a 26 year old investor located in the Bay Area, CA with a portfolio of properties in Ohio, Georgia, and soon to be Palm Springs, CA. In her first 4 years of investing she’s built a $10M portfolio including 45 rentals and a 64 unit multifamily syndication. She started investing using long term and mid term rental strategies and is now expanding into the boutique hotel space to create unique experiences. In 2023 she founded Out of State Investor Academy which has helped hundreds of investors learn how to build cash flow in more affordable markets across the country.
Rich and Soli start off by discussing initially meeting, coordinating yacht meetups, Rich’s first deal, Soli’s experience speaking at the Mid Term Rental Summit, how to raise private capital, the BRRRR strategy, Rich’s first boutique hotel, Soli’s experience as a commercial real estate broker, how Soli got into real estate investing, the opportunities afforded by real estate investing, how Rich got into real estate investing, the price range that Soli buys in, Cincinnati, Georgia, Soli’s first boutique hotel, geodomes, finding the right market, learning experiences, and getting what you asked for.
They then reflect on the Palm Springs market, nude resorts, sending in credibility stacks, pushing ourselves outside our comfort zone, adding tremendous value to properties, cosmetic changes, the importance of wellness, modernism in Palm Springs, Soli’s new community, mastermind retreats, Jesse Vasquez, and Rich’s new idea for a San Diego conference.
Lastly, they talk about posting daily content, the changing algorithm, Alex Hormozi, the differences between platforms, viral content and the value of a good hook, TRT, and whether everyone should be posting social media content.
Connect with Soli on Instagram: @lattes.and.leases
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase
Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What does it actually take to unf*ck your life and opt out of the 9-5 hamster wheel for good?
In this episode, Rich sits down with Kassidy Warren as a guest on the "For Your Own Good" podcast to drop the 15 hard-earned rules that helped him escape the system, build real wealth, and design a life completely on his own terms. From cutting dead weight and rewiring his mindset to going all-in on boutique hotels, Rich breaks down how he turned frustration into freedom—and why clarity and conviction matter more than any spreadsheet.
They dive into:
- The difference between “thinking” about success and living it
- The #1 habit that helped him break free from mental autopilot
- Why he stopped chasing traditional multifamily deals—and what he buys now instead
- How to use discomfort as a compass for growth
- The underrated value of energy audits and environment shifts
This one’s for anyone who feels stuck, knows they’re built for more, and just needs the roadmap. Let this be your wake-up call.
Connect with Kassidy on Instagram: @kassidy.warren
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
From repo’d cars to building a powerhouse brokerage career in Southern California, Dan Blackwell’s story is the kind of grit most people never see behind the polished success.
In this episode, Rich sits down with Dan to unpack his journey from being homeless—literally living out of his Tahoe while trying to break into multifamily real estate—to becoming one of Orange County’s top brokers and apartment building owners. Dan shares the raw truth of getting rejected in early interviews, losing nearly everything during the 2008 crash, and how he clawed his way back by betting on himself, one cold call at a time.
They get into:
- Why picking the right market, prototype, and team changed everything
- How he used cost segregation to offset six figures in taxes and buy more buildings
- Why living in your car might be the best lesson in humility and hunger
- Tactical ways investors can “manufacture” 1031 exchanges in today’s tight market
- Why Dan is bullish on long-term holds in high-growth areas (and how he’s playing it)
If you’re stuck in survival mode, feeling like the odds are against you—this one proves that with persistence, strategy, and a willingness to get uncomfortable, you can flip the script.
Connect with Dan on Instagram: @dan___blackwell
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What happens when you combine hospitality, design, and a vision for something extraordinary? You get Bolt Farm Treehouse—a viral luxury escape brand that scaled from a backyard treehouse into an eight-figure business. In this episode of The Rich Somers Report, Rich sits down with Seth and Tori Bolt, founders of Bolt Farm, to unpack how they built a brand that’s redefining luxury travel—one elevated stay at a time.
They dive into:
- How a single Airbnb in their backyard sparked a nationwide hospitality empire
- The mindset and risk tolerance it took to go all-in on a vision no one believed in
- Why storytelling, branding, and experience design matter more than just real estate metrics
- How they turned their viral moment into sustainable growth—and kept going
- What’s next for Bolt Farm as they expand locations, deepen impact, and inspire others to dream bigger
Seth and Tori open up about the sacrifices, the behind-the-scenes grind, and how faith, love, and long-term vision helped them build a hospitality brand with soul. Whether you're an investor, host, or entrepreneur, this episode is your reminder to build something worth escaping to.
Connect with Seth & Tori on Instagram: @boltfarmtreehouse
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
From a $20k dream to a $7M micro-resort, Isaac French built Live Oak Lake into an Instagram sensation with 150k followers and 80% direct bookings. Rich Somers dives deep with Isaac on building the brand, automating guest touchpoints, and what it takes to create a hospitality experience that’s both stunning and efficient. Get ready for insider strategies to level up your game.
Isaac French is a former accountant turned hospitality entrepreneur and the creator of Live Oak Lake, a luxury micro-resort in Waco, Texas, renowned for its design and guest experience. With over 150,000 Instagram followers (@liveoaklake), the resort boasts 95% occupancy and continues to set a new standard in experiential hospitality.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What if the biggest opportunity in real estate and entrepreneurship is hidden inside your retirement account—and no one told you? In this episode of The Rich Somers Report, Rich sits down with Kaaren Hall, founder and CEO of uDirect IRA Services, to break down how investors can unlock the $40 trillion locked inside retirement accounts using self-directed IRAs.
Rich and Kaaren discuss:
- How to legally use your IRA or 401(k) to invest in real estate, private equity, and boutique hotels
- The difference between traditional custodians and self-directed ones
- Why Wall Street doesn’t want you to know about this strategy
- The most common mistakes investors make when using retirement funds—and how to avoid them
- How to structure your deals, fund your investments, and build long-term wealth using pre-tax dollars
Kaaren shares real-life examples of clients who’ve rolled over retirement accounts, invested into alternative assets, and scaled their net worth—without triggering penalties or taxes. If you’re sitting on old retirement accounts or just want to take back control of your money, this episode is your playbook.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Rich sits down with Dr. Reza Tirgari a San Diego based Biochemist and Physician focused on aesthetic enhancement. Dr. Tirgari has over half a million followers on TikTok where he shares his expertise and debunks common myths in the aesthetic and beauty industry.
Rich and Dr. Reza dive into Masculinity and Aesthetic procedures like Botox, face lifts and Testosterone injections. After chatting about Rich and his journey with taking a break from alcohol, Dr. Reza shares his science backed ways to recover quicker and most effectively. With a specialization in liposuction, we learn who is a good candidate for lipo and what you need to be prepared for when getting this procedure.
Connect with Dr. Reza Tirgari on Instagram @avalonlaser and on TikTok @drreza_t
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Still broke—even though you’re working hard, reading the books, and watching all the right content? In this episode of The Rich Somers Report, Rich sits down with Albert Preciado, entrepreneur and founder of Driven, to break down 10 brutal, unapologetic truths about why most people stay stuck—and exactly what it takes to break out of the cycle.
Rich and Albert dive into:
- Why avoiding discomfort is keeping you broke
- The role of ego, distraction, and comparison in sabotaging your momentum
- Why clarity, discipline, and speed matter more than strategy
- How to stop talking about your dream life and start building it
- Why the people around you are either pulling you forward—or holding you back
Albert shares his story of hitting rock bottom, rebuilding from nothing, and why being broke was the best thing that ever happened to him. This episode isn’t here to make you feel good—it’s here to wake you up. If you're ready to finally break through, this is your moment.
Connect with Albert on Instagram: @thealbertpreciado
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
On today’s episode, Rich sits down with Mikey Taylor – Serial entrepreneur and former professional skateboarder. Mikey Taylor is the President and Managing Principal of Commune Capital, a private equity firm that invests in commercial real estate. After a successful 14 year skateboarding career, Mikey began the transition into entrepreneurship and business building, when he recognized an opportunity in the emerging craft beer industry. He utilized his marketing experience from skateboarding to co-found Saint Archer Brewery.
Rich and Mikey start off by discussing the updates to Mikey’s life since they last met, their experiences in the skating world, how Mikey met his wife, Mikey campaign plan to became a city council member in Thousand Oaks, backlash in communities today, the difference between A and C students, and teaching personal finance to students. They then reflect on Rich’s experience with the Big Brother program, developing communication skills, what Mikey’s schedule typically looks like, Mikey’s methods to fundraising through social media, and building trust through long form content.
Lastly, they talk about Mikey’s experiences with real estate investing in California, current market trends, the risks to real estate investing, their recommendations to investing in 2024, Mikey’s favorite real estate locations, cap rates, cashflow vs appreciation, investing in red and blue states, the safest way to invest in real estate, Rich’s experience with real estate in Turkey, Rich’s case for San Diego, their market forecasts and bad policies.
Connect with Mikey on Instagram: @mikeytaylor
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
If you want more leads, more money, and more opportunity in 2025—this is your blueprint.
In this solo episode, Rich breaks down the exact playbook he used to grow his personal brand from 4,000 Instagram followers to over 400,000 across platforms in just three years. Whether you're in real estate, business, or just starting a side hustle, Rich explains why building your personal brand is the single most valuable thing you can do in the next 12 months—and exactly how to do it.
He shares the hard-won lessons that helped him scale his audience, land partnerships with industry leaders like Grant Cardone and Dan Martell, and attract consistent inbound deal flow, brand deals, and elite team members—all through the power of content and podcasting.
Inside the episode:
- Why the podcast is the secret weapon every entrepreneur should be using
- The proven content flywheel Rich uses to test ideas and generate viral content
- Growth hacks top creators like Hormozi, Cody Sanchez, and Dan Martell use to stay ahead of the algorithm
- How to create systems that help you post daily without burning out
- Why undervalued attention = unfair advantage
If you’re serious about building authority, driving revenue, and expanding your network in 2025, this episode is a must-listen.
For those ready to go all-in, Rich also shares how to apply to join his private mastermind: The 7 Figure Creator.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Can you really bootstrap a health brand from your garage to $200M+ in revenue—with zero outside capital? In this episode of The Rich Somers Report, Rich sits down with Durana and Shahab Elmi, the powerhouse husband-and-wife duo behind Cymbiotika, to break down how they built one of the most successful supplement companies in the U.S. by going all in, hiring A-players, and refusing to compromise on quality.
Rich and the founders discuss:
- Why “no plan B” is the only strategy for bootstrapped entrepreneurs
- How they scaled from packing orders in Big Bear to 150+ employees and Petco Park partnerships
- Why top talent stays loyal—and how to create a culture people want to move across the country for
- The overlooked power of product packaging, testing, and customer feedback loops
- How liposomal delivery is disrupting the supplement industry and why they’re betting big on it
They also share the real behind-the-scenes lessons on leadership, failure, and staying focused while competitors chase trends. If you're building a brand, leading a team, or looking for proof that a values-driven business can scale without VC money, this one’s a masterclass in going all in.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Rich is interviewed by Brad Rice on the The Blueprint podcast where they discuss how Rich got started in the real estate business, the importance of a personal brand, and the various life challenges he had to overcome in the past that lead him to where he's at today.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
On today’s episode Rich sits down with Jack McColl “The King of Debt” - Entrepreneur, Founder of Credit Stacking, and Business Credit Coach. Jack, better known as “The King of Debt,” has been featured on Market Watch, Disrupt Magazine, Yahoo Finance, and Forbes. He is a self-made mogul who went from having zero dollars in business credit to being approved for $500,000 in a little more than a year. Jack has mentored thousands of entrepreneurs, helping them get access to hundreds of thousands of dollars of 0% interest capital to start, scale, and finance their businesses.
Rich and Jack start off by discussing Jack’s first episode with Rich (Episode 68), Jack’s 5 week trip to South America, Columbia and kitesurfing, skydiving in Venezuela, Jack’s passion for sports and hobbies, Jack’s favorite automated business services, optimizing business, and Jack joining the 800 club for testosterone levels and credit scores.
They then reflect on their favorite exercises, the importance of physical fitness, what it’s like showering on planes, comparing first class airlines, accumulating credit card points at different banks, Jack’s experience helping clients secure $150,000 0% interest business credit, the AmEx Business Gold and Platinum cards, and the Wells Fargo’s Autograph Journey Card.
Lastly, they talk about buying assets with business credit, the AmEx business card pros and cons, which cards Jack recommends using, the Bilt Credit Card, tools to keep track of debt payments, the Wheels Up AmEx Travel experience, Private Jets, Set Jet, Elon Musk’s Starlink Satellites, Jack’s big move to Utah, Rich’s experience as a pilot, and Kris Krohn.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What does it take to turn five and a half years in prison into a thriving business, a real estate portfolio, and a personal brand built to inspire? In this episode of The Rich Somers Report, Rich sits down with Frank Benton—entrepreneur, investor, and co-host of Streets to Success—to unpack his journey from incarceration to becoming a leader in business and life.
Rich and Frank discuss:
- How Frank used his time in prison to rebuild his mindset, routine, and personal mission
- Why most people underestimate the power of focus, structure, and delayed gratification
- The step-by-step path from Craigslist gigs to launching a 22-person renovation company
- How he bought his first house, flipped properties, and reinvested into multifamily real estate
- Why brand building, community impact, and staying around the right people changed everything
Frank shares the highs and lows of his transformation—from waking up in his sister’s basement to becoming a full-time business owner and investor. His story is proof that where you start doesn’t determine where you’ll end up—your discipline, circle, and mindset do.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
AI isn’t the future—it’s the now. In this episode, Rob and Nate from AI Explained dive into how businesses can practically and profitably integrate AI tools today without getting lost in the hype. From streamlining workflows to building entire sales funnels with just a few prompts, we break down how to think about AI the right way—and how to use it to win.
We talk about:
- How to stay competitive as AI accelerates
- Using tools like Claude and ChatGPT to automate 80% of your workflow
- Why human connection still matters—and how to build trust with AI in the mix
- The dangers of getting distracted by “shiny object” AI tools
If you’re ready to cut through the noise and apply AI where it counts, this one’s a must-listen.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Think social media's rigged? You’re not wrong. In this episode, we sit down with content strategist and podcast host Michael Sartain to unpack the real rules of engagement on platforms like YouTube, Rumble, Twitch, and TikTok—and how to use them to scale your brand without getting banned or buried.
We dive into the art of the livestream, the reality behind shadowbans, and why some creators (and messages) get throttled while others explode. Michael breaks down viral content strategy, the dark side of affiliate growth models, and what actually converts when you’re selling high-ticket offers. Whether you're building a podcast, coaching business, or content machine, this episode pulls back the curtain on monetization, algorithm myths, and how to create content that lasts.
If you're building in public—or planning to—this one’s a playbook.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What if the only thing standing between you and a seven-figure life was taking action—before you had the perfect plan? In this episode of The Rich Somers Report, Rich brings back best-selling author and entrepreneur Dan Martell to unpack the mindset, discipline, and strategies that separate those who stay stuck from those who win big.
Rich and Dan dive into:
- Why most people never get rich—and how to break the cycle of inaction
- How Dan went from overweight and introverted to shredded, wealthy, and confident
- The secret advantage of betting on yourself even when you don’t feel “ready”
- How to use AI, media, and personal brand to dominate in 2025 and beyond
- The difference between amateurs and professionals—and how to start operating like the latter
Dan also shares what he learned from billionaires like Richard Branson, why the “bicep vein” is the new McLaren, and how to fire yourself from your business the right way. This episode is a no-fluff wake-up call to get in the game, go all-in, and start building the life you’ve been waiting for.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What really happens when a 21-year-old NFL rookie suddenly gets millions of dollars? In this episode of The Rich Somers Report, Rich sits down with Super Bowl champion and Pro Bowler Golden Tate to pull back the curtain on the financial realities, spending habits, and mindset shifts that come with making it to the league—and why building true wealth is a totally different game.
Rich and Golden discuss:
- How Golden managed the pressures and distractions that come with early success
- The real reasons so many pro athletes go broke—and how he avoided the traps
- Spending habits inside the NFL locker room (private jets, luxury watches, $5K dinners)
- Why wealth is built through smart investing, not flashy purchases
- How shifting from “me first” to “family first” transformed his relationship with money and purpose
Golden also opens up about the emotional challenges athletes face after retirement, what he's learned about stewardship, and why faith, humility, and accountability are the keys to building a life that lasts beyond the game. Whether you’re chasing big goals or navigating newfound success, this episode is a masterclass on staying grounded, focused, and financially smart.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
How do you invest when lenders are pulling back, the market is volatile, and headlines are full of uncertainty? In this episode of The Rich Somers Report, Rich sits down with Suraj Desi—lender, capital markets expert, and long-time debt advisor in the boutique hotel space—to break down the real impact tariffs and shifting economic conditions are having on real estate lending.
Rich and Suraj discuss:
- How volatility is affecting short-term debt and long-term capital markets strategy
- Why banks and bridge lenders are pausing deals—and what it means for borrowers
- The sectors most vulnerable to slowdown, and where opportunity is already surfacing
- Why the next 6 to 9 months could present the best buying window in years
- How experienced operators are getting deals done while others sit on the sidelines
Suraj shares how boutique hotel investors should prepare, what banks are really looking for in today’s environment, and why having equity ready—and a clear business plan—will be critical for navigating 2025. If you’re actively investing or planning to enter during this cycle, this episode delivers a full breakdown of what’s happening in the capital markets and where to strike next.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Think you need a big down payment to get into real estate? Think again. In this episode of The Rich Somers Report, Rich sits down with real estate investor and educator Joshua Villareal to unpack how he and his clients are buying properties across the country using zero-down strategies—and maximizing cash flow through co-living models.
Rich and Josh discuss:
- How to acquire 3 properties in 3 years with no money down
- The VA loan, Navy Federal Military Choice, and HomeBuyers Choice loan programs explained
- Why only 6% of military members are using one of the most powerful wealth-building tools available
- How “super house hacking” and co-living can turn break-even properties into cash flow machines
- Using ADUs, seller credits, and cost segregation to build equity and offset taxes
Josh shares real-life case studies—including how he turned a $6,500 out-of-pocket duplex into a high-performing asset with six figures in equity and a profitable ADU build. Whether you’re in the military, a veteran, or a civilian ready to invest smart, this episode lays out the blueprint for buying real estate with little to no money down.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Can a humble mailbox unlock financial freedom? Former Miss Nevada turned entrepreneur Lisa Song Sutton says yes—and her $2 million mailbox business proves it.
In this episode, Rich sits down with Lisa to uncover how she turned an overlooked niche—independent mailbox stores—into a seven-figure income stream with low overhead, high recurring revenue, and zero franchise fees.
They discuss:
How she launched two stores for under $60,000 without outside capital
Why the mini mailbox model thrives during recessions, pandemics, and high-shipping seasons
The sticky economics of recurring revenue (and why it outperforms one-time sales)
Her strategy for building strong operational teams while running multiple businesses
How she helps others break in with her mailbox course and student community
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Is cash flow keeping you comfortable—but capping your growth? In this episode of The Rich Somers Report, Rich sits down with legendary investor Thach Nguyen to break down why long-term wealth is built through appreciation—not just monthly income—and how wealthy investors think differently about scaling portfolios.
Rich and Thach discuss:
Why appreciation markets like San Diego and Seattle are often overlooked by beginners
The trap of chasing cash flow in low-growth markets—and when to trade up
How compound appreciation, leverage, and 1031 exchanges build generational wealth
Why delayed gratification is the key to leveling up in both life and business
How to balance your first few deals for income—and when to pivot for long-term net worth
Thach shares his journey from buying a single house with 5% down to building a portfolio on track to hit $1 billion in net worth—without outside investors. If you're stuck on the cash flow treadmill or wondering how to level up your real estate game, this episode will give you the mindset and roadmap to start thinking like the top 1%.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What if one AI employee could handle 15,000 texts a day, boost your revenue, and actually sound human?
In this episode of The Rich Somers Report, Rich sits down with Ephraim Ebstein—founder of Fit Solutions and a cutting-edge AI expert—to break down exactly how top entrepreneurs are using AI employees to drive profit, increase efficiency, and scale their businesses. They unpack how text-based AI workers are quietly replacing traditional roles, closing sales, handling customer support, and even generating bookings for hotels, coaches, e-commerce brands, and more.
Rich and Ephraim also talk about:
- How AI employees are now indistinguishable from humans—and what that means for your bottom line
- The right way to onboard and train AI workers to drive revenue, not just automate tasks
- The industries most at risk of being disrupted by AI—and where the biggest opportunities are
- Why the people who use AI will always outperform the people trying to compete against it
- How to maintain a high-performance mindset while building a business, investing, and avoiding shiny object syndrome
This episode is packed with insights on entrepreneurship, AI, time optimization, and lifestyle design. Whether you’re scaling your company, looking to automate lead gen, or just curious about the future of business, this one’s for you.
Connect with Ephraim at fitsolutions.biz or DM him on Instagram @KingSpear and mention the podcast for a personal response.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Is laundromat investing the most underrated business model out there? In this episode of The Rich Somers Report, Rich sits down with Tom Donnelly, a full-time entrepreneur and laundromat owner, to break down how he went from a W-2 job to building a profitable, semi-passive business—and why more real estate investors are eyeing laundromats as their next cash-flow play.
Rich and Tom discuss:
How much laundromats really cost and how to finance them creatively
Why seller financing is common—and how to structure it to your advantage
What makes a location profitable and how to avoid the #1 mistake new buyers make
Key operational metrics like “turns per day,” app-based payments, and revenue from wash-dry-fold
How to increase cash flow with add-ons like vending, lockers, dry cleaning, and even digital slot machines
Tom also shares how he doubled the revenue on his first deal with just $17K out of pocket, the importance of local market research, and why owning the real estate can dramatically boost returns. Whether you're a beginner looking for your first cash-flowing business or an investor ready to diversify, this is your crash course in laundromat ownership.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Waiting for the perfect conditions before you take action? You might be waiting forever. In this Saturday edition of The Rich Somers Report, Rich sits down with co-host Alex Johnson to unpack why progress always beats perfection and how success favors those who are willing to make decisions, take risks, and pivot along the way.
Rich and Alex discuss:
Why overthinking and analysis paralysis keep people stuck on the sidelines
How to build momentum by focusing on the next step, not the full picture
The reality that most decisions aren’t life-altering—and why it’s better to decide and adjust
Lessons from real estate, business, and life that prove action leads to growth
Why making mistakes is not only inevitable, but essential for long-term success
Rich shares personal stories of early missteps, business challenges, and how trusting the process and taking imperfect action led to some of his biggest breakthroughs. If you’ve been waiting for everything to line up before you move forward, this episode is your sign to stop waiting and start playing the game.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Struggling to find the balance between results and sustainability when it comes to your health and fitness? In this episode of The Rich Somers Report, Rich sits down with women’s health and fitness coach Heather Woelk to break down the real strategies that help women optimize their bodies, boost energy, and build confidence—without burning out.
Rich and Heather discuss:
Why most women are under-eating and overdoing cardio—and how to fix it
The myths around heavy lifting for women and how strength training supports fat loss
How to build a sustainable “lifestyle cut” without sacrificing your health or social life
The role of hormones, metabolism, and stress in achieving long-term results
Why cutting out alcohol can be a game-changer for energy, physique, and mental clarity
Heather shares insights from coaching thousands of women on how to fuel their bodies properly, train for their goals, and step into the strongest version of themselves. If you’re tired of the one-size-fits-all fitness advice and want a roadmap to real, sustainable results, this episode is packed with actionable steps to get you there.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
With rising national debt, shifting demographics, and massive wealth transfers on the horizon, where should investors focus their attention? In this episode of The Rich Somers Report, Rich sits down with Mark Moss, investor, entrepreneur, and host of The Mark Moss Show, to unpack the trends reshaping the economy—and where the smart money is moving.
Rich and Mark discuss:
The looming $4 trillion annual interest burden on U.S. debt and what it means for inflation
How the retirement of 40 million baby boomers is creating generational opportunities
Where money is moving as traditional retirement accounts face penalties and forced distributions
The supply-demand imbalance in housing and why real estate remains a powerful hedge
Why understanding cap rates, interest rates, and the cost of capital is essential in this environment
Mark shares his outlook on the current market cycle, how investors can position themselves for what’s next, and why boutique hotels and other value-add assets remain attractive plays. If you’re looking to navigate economic uncertainty and capitalize on the shifts happening right now, this episode delivers the insights you need.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What would it take to break free from the 9-5 and build a life that’s truly your own? In this Saturday edition of The Rich Somers Report, Rich sits down with Savannah Arroyo—also known as The Networth Nurse—to unpack how she transitioned from full-time nurse to full-time real estate investor and entrepreneur.
Rich and Savannah discuss:
The emotional moment that pushed Savannah to reevaluate her life and career
How she built her portfolio during nights and weekends while working long hospital shifts
Why building momentum during your “5-9” is the key to escaping the corporate grind
The role of personal development, mentorship, and community in making the leap
How both Rich and Savannah turned pain into fuel for building purpose-driven businesses
This episode is a powerful reminder that you don’t have to wait for the perfect moment—you just have to start. Whether you’re clocking in long hours in healthcare, corporate, or any demanding role, this conversation will inspire you to take action on the life you really want.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What does it take to build a thriving business without sacrificing your health? In this episode of The Rich Somers Report, Rich sits down with functional health expert Ryan Kennedy to unpack the science and strategies behind high performance living—tailored specifically for entrepreneurs.
Rich and Ryan discuss:
How to naturally boost energy, focus, and mental clarity without burnout
Why gut health, hormone balance, and blood sugar regulation are the foundation for long-term success
The morning and evening routines that fuel elite productivity
How to biohack your sleep and recovery for better cognitive performance
The top habits and tools high achievers use to stay sharp and healthy
Ryan shares a holistic blueprint for building a body and mind that can sustain the demands of entrepreneurship. Whether you’re scaling a company or just getting started, this episode will give you the tools to operate at your highest level—without trading health for hustle.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What does it really take to walk away from a high-paying W2 and build a life of freedom on your own terms? In this episode of The Rich Somers Report, Rich sits down with Brian Luebben—entrepreneur, investor, and host of The Action Academy—to break down how he left corporate America, built passive income through real estate, and now travels the world full-time while running his business remotely.
Rich and Brian discuss:
How to break free from the golden handcuffs of a high-income job
What it takes to build enough passive income to replace your salary
Why most people stay stuck—and the mindset shift that creates real freedom
How Brian built and monetized a top-ranked podcast while living abroad
Tactical steps to engineer a life around autonomy, travel, and purpose
Brian shares how leaving behind stability to bet on himself transformed every area of his life—and why more people are waking up to the idea that they don’t have to wait until retirement to live the life they want. If you're ready to stop playing small and design a life of freedom, this episode will show you what's possible.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What if you could pay yourself tax-free using your own home? In this episode of The Rich Somers Report, Rich sits down with Karlton Dennis, tax strategist and founder of Tax Reduction Company, to break down one of the most overlooked tax-saving strategies for business owners—the self-rental loophole, also known as the Augusta Rule.
Rich and Karlton discuss:
How to rent your personal residence to your business and collect tax-free income
The specific documentation and setup required to make this strategy audit-proof
Common mistakes entrepreneurs make when trying to implement tax strategies
Why mindset matters just as much as tax code when building long-term wealth
How to think like a CFO and stop overpaying the IRS year after year
Karlton shares practical examples of how high-income entrepreneurs and real estate investors are using advanced strategies like the Augusta Rule, S-Corp structuring, and entity stacking to build generational wealth. If you’re ready to stop leaving money on the table and start using the tax code to your advantage, this episode is a must-listen.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Are your real estate investments truly working for you? In this episode of The Rich Somers Report, Rich sits down with Joseph Silva, co-founder of Coastal California Group, to break down how mom-and-pop real estate investors can unlock trapped equity, maximize returns, and create generational wealth through strategic 1031 exchanges and better portfolio planning.
Rich and Joseph discuss:
What return on equity actually means and why most investors are underperforming without realizing it
How to identify when it’s time to trade up or exit an aging property
Real-life examples of investors trading tired single-family rentals for newer, cash-flowing multifamily assets
Why 1031 exchanges are a powerful wealth-building tool—and how to navigate them effectively
How Joseph’s team helps investors reposition portfolios to reduce management headaches and increase long-term value
Whether you’re holding onto legacy properties or looking to reposition into more passive income opportunities, this episode offers a clear strategy for making smarter moves in today’s market.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Is your mindset holding you back from building the wealth and life you want? In this episode of The Rich Somers Report, Rich sits down with Jason Drees, high-performance mindset coach and founder of Jason Drees Coaching, to unpack how reframing your mindset can unlock exponential growth in both business and life.
Rich and Jason dive into:
Why success doesn’t come from working harder—it comes from operating in alignment
The difference between setting goals and committing to a target
How to reprogram limiting beliefs and shift into a higher frequency
The value of getting uncomfortable and aiming 10x bigger
Why most people stay stuck in planning mode—and how to break through it
Jason shares the frameworks he’s used to coach top entrepreneurs, including Brandon Turner, and how entrepreneurs can tap into their future selves, eliminate resistance, and expand their identity to reach new levels of performance. Whether you're just starting your business or scaling to new heights, this episode will challenge you to rewire your thinking and play a bigger game.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
How do you close a boutique hotel deal in just 37 days—and immediately increase its value? In this Saturday edition of The Rich Somers Report, Rich and Alex Johnson break down the recent acquisition of their latest boutique hotel in San Clemente, California. They walk through the full story, from off-market opportunity to closing, and share the operational playbook to optimize the property for cash flow and long-term appreciation.
Rich and Alex discuss:
How they sourced the deal through a broker relationship and closed in 37 days
What made this hotel an ideal addition to the Summers Capital portfolio
Why this was a rare acquisition that didn’t require a full renovation
The light refresh strategy to enhance curb appeal, guest experience, and NOI
How amenity fees, breakfast programs, and cell tower sales can significantly in
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What’s next for real estate investors as the market continues to shift? In this episode of The Rich Somers Report, Rich sits down with Krystle Simpson, a commercial lending expert and real estate investor, to break down the latest trends in capital markets, interest rates, and where the best opportunities are emerging.
Rich and Krystle discuss:
How rising interest rates have impacted liquidity and investor activity
Why multifamily investments have become more challenging and what sectors are thriving
How boutique hotels, industrial, and retail real estate are positioned for growth
The best ways to secure financing in today’s lending environment and avoid common pitfalls
Where investors should be looking in 2025 and beyond for long-term wealth building
Krystle shares insights from working with investors navigating this complex market, offering strategies for finding deals, securing financing, and staying ahead of economic shifts. Whether you're actively investing or waiting for the right time to jump in, this episode provides the insights you need to make informed decisions.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Are prefab ADUs the key to unlocking new streams of real estate income? In this episode of The Rich Somers Report, Rich sits down with Andrew Greer to discuss how investors are using prefabricated accessory dwelling units (ADUs) to maximize their properties, scale rental income, and build long-term wealth.
Rich and Andrew dive into:
How prefab ADUs can be installed quickly and generate high cash flow
Why ADUs are one of the best solutions for affordable housing and rental demand
The step-by-step process of adding an ADU to your property
How to finance and permit ADUs, plus key zoning laws to know
Why California’s ADU-friendly policies are creating massive opportunities for investors
Andrew shares real-world case studies and strategies from his own projects, breaking down how investors can leverage ADUs for long-term passive income and portfolio growth. Whether you're a seasoned investor or looking to maximize the value of your property, this episode provides actionable insights to help you get started.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What does it take to build brand awareness and attract more customers in today’s digital world? In this episode of The Rich Somers Report, Rich sits down with Trevor Cowley, entrepreneur and host of Real Business Owners, to break down the most effective marketing strategies for entrepreneurs looking to grow their business and increase revenue.
Rich and Trevor discuss:
Why first impressions matter and how to optimize your website, social media, and online presence
The power of organic content marketing vs. paid advertising—and when to use each
The most common marketing mistakes entrepreneurs make and how to avoid them
How to craft compelling hooks and messaging to increase conversions
The importance of webinars, lead magnets, and email lists for long-term business growth
Trevor shares insights from years of experience helping business owners scale through strategic marketing and branding. Whether you’re just starting out or looking to refine your approach, this episode is packed with actionable steps to help you stand out and attract more leads.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
How do you rebuild your life after hitting rock bottom? In this episode of The Rich Somers Report, Rich sits down with Trevor Cowley, entrepreneur, podcast host, and mastermind leader, to discuss how he overcame addiction, financial struggles, and limiting beliefs to build multiple successful businesses.
Rich and Trevor dive into:
How Trevor battled drug addiction, financial setbacks, and personal struggles to turn his life around
The mindset shifts that separate successful entrepreneurs from those who stay stuck
How he built multiple seven-figure businesses using sales, systems, and strategic hiring
Why investing in the right mentors and masterminds can be a game-changer
The role of discipline, fitness, and pushing limits in creating a winning mentality
Trevor shares his journey from battling addiction and working low-paying jobs to building businesses, investing in real estate, and leading a top-ranked mastermind. His story is proof that no matter where you start, transformation is possible when you commit to doing the work.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Is social status the key to attracting high-quality relationships? In this episode, Rich sits down with Michael Sartain, a networking and social dynamics expert, to break down the psychology behind attraction, social circles, and how men and women navigate today’s dating landscape.
They cover:
Why traditional dating advice is outdated—and how social media has changed the game.
The biggest mistakes men make when trying to attract high-value partners.
How hosting events and building a powerful social circle can transform your relationships.
The difference between attention and compliance—and how to know when someone is genuinely interested.
Michael also shares strategies from the world’s top networkers, including how preselection, status, and social proof impact attraction. Whether you’re looking to level up your dating life, expand your network, or just understand the modern social landscape, this episode is packed with insights to help you attract and connect with the right people.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Where are interest rates heading, and what does it mean for investors? In this episode of The Rich Somers Report, Rich sits down with Kenny Simpson, a commercial real estate investor and lending expert, to break down the latest market trends, economic shifts, and the current lending environment.
Rich and Kenny discuss:
Why the Fed’s “survive to 2025” narrative is shifting—and what it means for real estate.
How softening job markets, government layoffs, and slowing hiring could impact interest rates.
Why liquidity is low across all income levels—and how investors are adjusting.
How institutional investors and high-net-worth buyers are positioning themselves in 2025.
Whether now is the right time to buy real estate before rates drop and competition increases.
Kenny shares his insider perspective on lending trends, how banks are approaching real estate financing, and what investors need to watch for in the months ahead. If you want to understand how today’s market will shape the future of investing, this episode delivers key insights to help you stay ahead.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
How do you scale from nothing to nearly half a billion dollars in real estate? In this episode of The Rich Somers Report, Rich sits down with Pace Morby, real estate investor and creative finance expert, to break down the low and no money down strategies he used to acquire over $450 million in real estate.
Rich and Pace discuss:
- Why creative financing, seller financing, and sub-to deals are game-changers in today’s market.
- How Pace built a massive real estate portfolio without relying on traditional bank loans.
- The biggest mistakes new investors make when trying to scale.
- How to leverage expired listings, motivated sellers, and seller financing to buy properties with little cash.
- Why boutique hotels, RV parks, and mobile home parks are prime opportunities in the current real estate cycle.
Pace shares the exact playbook he uses to acquire high-value assets, structure deals that minimize risk, and build long-term wealth. If you’re serious about real estate investing and want to learn how the top investors are closing deals in today’s market, this episode is packed with actionable insights.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
As Airbnb regulations tighten in major cities, investors are pivoting toward a new opportunity—boutique hotels. In this episode of The Rich Somers Report, Rich sits down with Dustin Heiner, real estate investor and host of The Master Passive Income Show, to discuss why boutique hotels are quickly becoming the next big investment trend.
Rich and Dustin dive into:
How Airbnb regulations in New York, Los Angeles, and San Francisco are shifting demand toward boutique hotels.
Why boutique hotels offer higher cash flow, forced appreciation, and long-term scalability over short-term rentals.
The massive wealth transfer happening as baby boomers retire and sell underperforming hotels.
How to find, renovate, and market boutique hotels using direct booking strategies, OTAs, and influencer marketing.
Why institutional investors and REITs are beginning to acquire boutique hotels as part of their portfolios.
Rich shares how he built an $85 million boutique hotel portfolio, the strategy behind his investment fund, and why he believes this asset class will be the next major real estate boom over the next five years. If you’ve been investing in Airbnbs and are looking for your next move, this episode will show you why boutique hotels might be the best opportunity in today’s market.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to build wealth and keep more of what you earn? In this episode of The Rich Somers Report, Rich sits down with Brian Decker, a serial entrepreneur and investor, to break down the most effective tax strategies, investing hacks, and long-term wealth-building moves that the ultra-wealthy use to legally minimize taxes and maximize returns.
Rich and Brian discuss:
How the wealthiest investors leverage real estate, private equity, and tax loopholes to grow wealth.
Why most financial advisors don’t teach people how to truly reduce their tax burden.
The power of Roth IRAs, self-directed IRAs, and 529 plans for tax-free growth.
Why debt is not the enemy—how billionaires use it to avoid taxes and expand their portfolios.
How to protect your wealth from inflation, government policy shifts, and market volatility.
Brian shares his playbook for structuring investments to generate tax-free cash flow, leveraging tax-advantaged accounts, and using debt intelligently to build generational wealth. If you're tired of overpaying in taxes and want to learn the secrets the top 1% use to legally keep more money, this episode is for you.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
How do you know when it’s time to walk away from your 9-to-5 and go all-in on your dream? In this episode of The Rich Somers Report, Rich sits down with Dustin Heiner, real estate investor and host of The Master Passive Income Podcast, to break down the mindset shifts, financial moves, and key decisions that helped them transition from W-2 jobs to full-time real estate investing.
Rich and Dustin dive into:
Why most people are underpaid and how to break free from a paycheck mindset.
How Dustin went from getting laid off with a newborn at home to building a real estate portfolio that replaced his income.
The biggest mistakes to avoid when planning your exit from a job.
How to leverage your 9-to-5 to build your investments before making the leap.
Why self-identity matters—and how calling yourself an investor before you are one can accelerate your success.
Rich also shares how he cashed out his 401K in 2019 to buy his first real estate deal, a move that led to building an $85 million boutique hotel portfolio. If you’re ready to take control of your time, income, and future, this episode will challenge you to rethink what’s possible.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Is real estate still the best path to wealth, or is private equity the next level? In this episode of The Rich Somers Report, Rich sits down with Kris Krohn, a real estate investor, entrepreneur, and private equity expert, to break down why 90% of millionaires are created through real estate, but 100% of billionaires are made through private equity.
Rich and Kris dive into:
- How Kris went from saving up $5,000 for his first FHA loan to building a massive real estate portfolio.
- Why house hacking and leveraging equity helped him scale from one deal to financial freedom.
- How private equity and leveraged buyouts allow investors to acquire companies with little to no money down.
- The greatest wealth transfer in history and why 1 million businesses are for sale right now.
- Why baby boomer-owned businesses are one of the biggest untapped opportunities for investors today.
Kris shares how he is shifting from real estate into private equity, acquiring businesses, and positioning himself to scale to a billion-dollar net worth. Whether you’re a real estate investor looking to level up or an entrepreneur thinking about business acquisitions, this episode will change the way you think about wealth-building.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What does it mean to truly maximize your potential? Rich sits down with Wes Watson to break down the mindset, discipline, and personal development strategies that separate those who stay stuck from those who build a life of purpose, power, and wealth.
Rich and Wes discuss:
Why a man’s greatest mission is to become the best version of himself and share it with the world.
How self-discipline, fitness, and high-frequency habits shape success.
The connection between confidence, self-worth, and business growth.
How upgrading your environment—cars, homes, relationships—forces you to level up in every area.
The power of storytelling and authenticity in building a personal brand that attracts the right audience.
Wes shares his raw, no-BS approach to building discipline, mastering mindset, and unlocking the next level of life and business.
Whether you’re an entrepreneur, investor, or just someone looking to break past your limits, this episode delivers hard-hitting insights that will challenge you to rise to your potential.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What separates highly successful entrepreneurs from those who never break through? In this episode of The Rich Somers Report, Rich sits down with venture capitalist Mike Sherbakov, general partner of The Veteran Fund, to break down the key trait he’s seen in the most successful business owners after working with over 10,000 entrepreneurs.
Rich and Mike discuss:
Why resilience, adaptability, and leadership are non-negotiable for founders.
The biggest mistakes that prevent entrepreneurs from scaling their businesses.
How venture capital firms evaluate startup founders before investing.
Why former athletes and military veterans often excel as business owners.
The importance of being obsessed with growth, solving problems, and taking action.
Rich also shares insights into his real estate investment fund, how he’s raising capital for boutique hotels, and what retail investors should know about diversifying into commercial real estate.
Mike shares insights from working with The Founder Institute, where thousands of entrepreneurs have gone through intensive training to build scalable businesses. Whether you’re launching a startup, scaling an investment portfolio, or just want to develop a winning mindset, this episode will challenge you to think bigger and level up.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
The people around you might care about you—but that doesn’t mean they know what’s best for your future. In this solo episode of The Rich Somers Report, Rich shares why taking advice from family, friends, and coworkers who have never done what you’re trying to do can hold you back—and why surrounding yourself with the right people is the key to success.
Rich breaks down:
Why most people discourage risk-taking—and how to push past their limiting beliefs.
The biggest mistake new investors and entrepreneurs make when seeking advice.
How he ignored the noise when cashing out his 401K to buy his first real estate deal.
The power of getting into the right rooms, shaking the right hands, and building a new circle.
Why taking action—despite fear—is what separates those who succeed from those who don’t.
If you’re tired of hearing “that’s too risky” from people who’ve never done it, this episode will challenge you to step up, shift your mindset, and start listening to the right voices.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Money loves speed, poverty loves indecision! Tune in to learn how we’re acquiring another boutique hotel below replacement cost, off-market, and in record time, a 23 day close!
In this episode Rich and Alex Johnson discuss:
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What the team has been up to
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the reasons they love this new deal
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the “modern traveler”
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value add strategies
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Liberal vs Conservative markets
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Exit strategies
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Why money loves speed
If you're accredited, and want to invest in this deal, we have limited opportunity remaining: visit www.somerscapital.com/invest to book a free call with our team!
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Are high taxes and government policies discouraging hard work and economic growth? In this episode of The Rich Somers Report, Rich sits down with Kevin Faulconer, former mayor of San Diego, to discuss the long-term impact of over-taxation, rising homelessness, and the business exodus from California.
They dive into:
- How liberal policies in California are making it harder for businesses and individuals to thrive.
- Why high taxes and lack of accountability are driving businesses out of California.
- The growing homeless crisis and how cities like San Diego are handling the issue.
- Why political will and leadership are the key to making meaningful changes and improving quality of life.
- The role of entrepreneurship and business-friendly policies in fostering real economic growth.
Kevin also shares his thoughts on California’s real estate market, the importance of balancing regulations with opportunities, and how we can turn the tide in favor of those who want to improve their lives.
If you’re frustrated by the current state of politics, taxes, and business, this episode is for you. Tune in to hear what needs to change and how it could impact your future.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Is playing it safe really the best path to wealth? In this episode, Rich Somers joins Hunter Thompson on Cash Flow Connections to break down why he walked away from a secure W-2 job, cashed out his 401K, and went all-in on real estate investing—ultimately building an eight-figure net worth through boutique hotels.
Rich and Hunter dive into:
- Why the greatest wealth transfer in history is creating once-in-a-generation opportunities.
- The power of taking bold action and how real estate can provide real financial freedom.
- Why boutique hotels are outperforming short-term rentals and how to navigate Airbnb regulations.
- The role of personal branding in raising capital, attracting deals, and scaling a business.
- The mindset shifts required to break out of the traditional path and build lasting wealth.
Rich shares his journey from an air traffic controller to a full-time investor, while Hunter breaks down why timing, market cycles, and strategic decision-making are key to long-term success. Whether you’re stuck in a W-2 or looking to scale, this episode offers real insights into betting on yourself and making big moves in real estate.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Could better air traffic control have prevented the tragic DC mid-air collision? In this special episode, Rich Somers joins One America News to discuss the devastating crash between an American Airlines passenger flight and a military Black Hawk helicopter—and why systemic issues within the FAA, outdated technology, and staffing shortages may have played a role.
Rich, a former 11-year air traffic controller, breaks down:
- What the recorded flight tapes reveal about the moments leading up to the crash.
- The dangers of controllers working multiple positions at once due to staffing shortages.
- Why outdated FAA equipment and hiring practices create unnecessary risks.
- How better training, technology, and policies could help prevent future tragedies.
With firsthand experience controlling some of the busiest airspace in the world, Rich provides an inside look at what went wrong—and what needs to change to make the skies safer.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Success isn’t just about finding the right opportunities—it’s about becoming the person who’s ready for them. In this solo episode of The Rich Somers Report, Rich breaks down the mindset shifts, habits, and lessons that helped him level up from working a W-2 job to building an $80 million boutique hotel portfolio.
Rich shares:
- The sacrifices and tough decisions that helped him break through limiting beliefs.
- How he struggled with raising capital early on—and the strategies that changed everything.
- The importance of positioning yourself for success before the right deals and relationships appear.
- Lessons learned from navigating financing, investor relations, and scaling in a competitive market.
The biggest opportunities won’t come to you by chance. They come when you’re ready to step through the door. Whether you’re looking to break into real estate, grow your business, or take the next step in your career, this episode will challenge you to level up.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Can you really build a million-dollar brand from your phone? In this episode of The Rich Somers Report, Rich sits down with content and personal brand expert Neel Dhingra to break down the exact strategies that have helped him and countless others grow their businesses, land high-ticket clients, and scale their income—all through social media and a smartphone.
They cover:
- Why content creation is the most powerful skill in 2025—and how to leverage it to grow your business.
- The biggest mistakes holding people back from building an audience and monetizing their brand.
- How consistency, niche selection, and storytelling are the keys to creating viral, shareable content.
- Why podcasting and long-form content are underrated wealth-building tools.
Neel also shares insider growth hacks used by top creators like Alex Hormozi, Dan Martell, and Gary Vee—including the #1 secret to making content that gets millions of views. Whether you're in real estate, coaching, or any other industry, this episode is packed with actionable steps to help you turn your iPhone into a money-making machine.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Buying a boutique hotel can be one of the most lucrative real estate moves—but one costly mistake can wipe out your profits. In this episode of The Rich Somers Report, Rich and Kassidy Warren break down the five most expensive mistakes new hotel investors make and how to avoid them.
They cover:
Why investing in oversaturated Airbnb markets can destroy your hotel’s profitability.
The difference between investing for cash flow vs. appreciation—and why true wealth is built through forced appreciation.
The critical importance of knowing your exit strategy before you buy—so you’re not stuck with an asset no one wants.
Why underwriting and due diligence are non-negotiable, plus how to avoid running out of money during renovations.
The biggest mistake of all: going at it alone instead of leveraging experienced operators and investors.
Rich and Kassidy also share details on their free two-day boutique hotel investing workshop designed to help new investors get started in this space. Whether you’re eyeing your first deal or looking to scale, this episode is packed with insider knowledge to keep you from making costly mistakes.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What if you could turn a single-family home into a high-cash-flowing multifamily property? In this episode of The Rich Somers Report, Rich sits down with ADU expert and real estate investor Chris Luna to break down the massive opportunities in ADU investing and the hard lessons he’s learned along the way—including how he lost $500K on a single deal.
Chris shares:
- How he scaled his ADU development business in San Diego, leveraging zoning laws and underutilized properties.
- The deal that cost him $500K, what went wrong, and how he rebounded stronger.
- The key to structuring creative financing with bridge loans and investor capital.
- Why selecting the right location, lot size, and zoning can make or break an ADU investment.
Packed with real talk, lessons learned, and strategies for success, this episode is a must-listen for anyone looking to scale in the ADU space or avoid costly mistakes in real estate investing.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What does it take to turn underperforming properties into multimillion-dollar boutique hotel investments? In this episode of The Rich Somers Report, Rich joins Tim Hubbard on the Short Term Rental Riches podcast to share the journey of building a thriving hotel business from scratch. From cashing out his 401K to owning an $80M portfolio, Rich dives deep into the strategies that helped him scale with precision and purpose.
Rich breaks down:
- How boutique hotels differ from short-term rentals and why they’re a scalable investment model.
- The step-by-step approach to identifying underperforming assets and creating massive value.
- Leveraging seller financing and bridge loans to minimize upfront costs and maximize ROI.
- Why the next decade offers unprecedented opportunities with the largest wealth transfer in history.
Packed with actionable insights, this episode explores the mindset and strategies needed to succeed in boutique hotel investing—even in today’s market. Whether you're scaling from short-term rentals or starting fresh, this conversation delivers the blueprint for building wealth through hospitality.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What happens when one of the world’s biggest real estate moguls calls out California’s leadership? In this explosive episode, Rich Somers hosts Grant Cardone for an unfiltered conversation about the incompetence fueling California’s wildfires, rising homelessness, and runaway taxes. Grant opens up about the devastation of watching his $65M Malibu home nearly burn to the ground—and why he blames poor leadership and neglected infrastructure for the destruction.
The conversation doesn’t stop there. Grant dives into:
- His $100M lawsuit with Gary Brecka and why their partnership unraveled.
- A groundbreaking real estate fund blending Bitcoin and multifamily investments for game-changing returns.
- Why California’s priorities are backwards and his bold plan to rebuild the state in just 12 months.
Packed with fiery takes, strategic insights, and Grant’s signature energy, this episode is a must-listen for anyone interested in real estate, leadership, and the future of California.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What if you could turn a single-family property into a cash-flowing multifamily asset? In this episode of The Rich Somers Report, Rich sits down with ADU expert France Hanna to break down the massive wealth-building potential of accessory dwelling units (ADUs). From backyard additions to large-scale developments, France shares insider strategies to navigate California's pro-housing legislation and maximize the value of your real estate investments.
In this episode, you’ll learn:
- How California’s housing crisis has created opportunities for ADU development.
- The step-by-step process for identifying properties with high ADU potential.
- The biggest risks in ADU investing—and how to avoid costly mistakes.
- Game-changing strategies like SB9 lot splits and how to build multiple units on one property.
Whether you’re an experienced investor or just starting out, this conversation is packed with actionable insights to help you tap into one of the hottest real estate plays in 2025 and beyond.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
How do you get started in real estate investing and scale your portfolio over time? In this episode of The Rich Somers Report, Rich sits down with JD Schmerge, a multifamily broker and co-owner of Sabre Group, to discuss the strategies that have led countless investors to success. JD shares how he helped Rich close his first multifamily deal in Cincinnati—a pivotal step that set the foundation for his $80 million portfolio.
They dive into:
-The power of taking action, even on smaller deals, to build confidence and momentum.
-Why Cincinnati’s market, with high cap rates and steady rent growth, remains a strong investment choice.
-Practical tips for adding value to multifamily properties, from RUBS to reducing expenses.
-How to approach brokers, build credibility, and secure deals in competitive markets.
Whether you’re a new investor looking for your first deal or a seasoned pro exploring value-add strategies, this episode is packed with actionable advice to help you succeed in real estate.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
With interest rates still high and housing supply at record lows, what’s next for real estate? In this episode of The Rich Somers Report, Rich and co-host Alex Johnson analyze the state of the market in 2025 and beyond. They explore the supply-demand dynamics, political shifts, and economic factors that could lead to a surge in real estate activity.
Key topics include:
Why the housing market has remained resilient despite high interest rates.
The greatest wealth transfer in U.S. history and its implications for real estate.
Strategies for buying in today’s market, including the importance of location and adding value.
Predictions on interest rate cuts, bonus depreciation, and the future of housing demand.
Rich also shares his personal and business goals for 2025, including plans to add two boutique hotels to the Summers Capital portfolio and help his team members grow their own investments. If you’re wondering whether now is the time to act, this episode will help you navigate the current market and prepare for what’s to come.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Are you ready to make 2025 your most impactful year yet? In this solo episode of The Rich Somers Report, Rich shares his proven 12-step framework for getting ahead of 99% of people and leveling up your life and business.
From eliminating alcohol and creating disciplined routines to building a personal brand that opens doors, Rich dives deep into actionable strategies anyone can implement.
This episode covers:
- Why the bar for success has never been lower—and how to rise above it.
- The game-changing power of cutting distractions and saying no.
- The importance of getting in rooms where your dreams are others' reality.
- How building a personal brand can unlock opportunities, raise capital, and attract top talent.
- Whether you're looking to grow your real estate portfolio, start a business, or just live a more intentional life, this episode is packed with practical insights to help you hit the ground running.
Plus, Rich announces his upcoming free two-day challenge on personal branding, podcasting, and social media. Register here to join him!
Tune in to discover how small, intentional changes can yield massive results.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What if you could build wealth through real estate with little to no money down? In this episode, Rich Somers sits down with Pace Morby at the TR Wealth Conference in Nashville to explore the art of creative financing. From seller financing to subject-to deals and targeting expired listings, Pace reveals how he’s acquired over 2,000 doors and built a thriving real estate empire without relying on traditional methods.
The conversation goes beyond strategies, diving into the importance of authentic branding and building loyal communities. Pace shares his approach to creating impactful relationships through his meetups and his 150,000-member Facebook group, where students learn by helping others close their first deals. Together, Rich and Pace discuss leveraging social media platforms for different audiences, staying genuine in a world of “flashy” success, and why being yourself is the ultimate business strategy.
If you’re looking to grow your portfolio, tap into the biggest transfer of wealth in American history, or learn how to creatively fund your next deal, this episode is packed with actionable insights and inspiration to help you succeed.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What does it take to stay laser-focused and eliminate distractions in the new year? In this episode, Rich Somers and Alex Johnson kick off 2025 by reflecting on the power of intentional decision-making. They discuss the importance of setting boundaries, aligning with your goals, and saying "no" to the things that no longer serve you—whether in business, relationships, or personal habits.
Rich shares his commitment to disciplined routines, including his 90-day no-alcohol challenge, early mornings in the gym, and strategies for scaling his hotel investment fund. Alex opens up about her approach to creating alignment in life and work, choosing meaningful priorities, and breaking free from distractions.
Whether you’re building a business, refining your habits, or rethinking your goals, this episode is packed with actionable insights to help you focus, grow, and make 2025 your best year yet.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Is Cabo San Lucas the next big destination for luxury real estate? In this episode, Rich Somers sits down with Blake Harrington, owner of Corcoran Baja Real Estate, to explore why this market is booming. Blake shares insights on Cabo’s unmatched lifestyle appeal, from its quick connectivity to the U.S. to its world-class amenities, luxury developments, and stunning natural beauty.
Rich and Blake dive into the challenges and opportunities of investing in Cabo, including the all-cash market, the evolving buyer demographic, and how developers are redefining the region with high-end projects. They also discuss the importance of community, local culture, and why Cabo is becoming a mainstay for high-net-worth individuals seeking second, third, or even fourth homes.
Whether you’re a seasoned investor or just curious about the hottest spots south of the border, this episode delivers the inside scoop on why Cabo San Lucas is trending as a premier destination for luxury living and smart investments.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
How do you stay relevant, authentic, and thriving in a constantly evolving music industry? Recorded live at the Somers Capital 2024 Black Tie Holiday Event, this episode features a high-energy conversation with the legendary Ying Yang Twins, D-Rock and Kaine. Rich Somers dives into their incredible journey, from hustling in the pre-internet days to collaborating with icons like Lil Jon and Britney Spears.
The Twins share their story of grinding on the streets, building their fanbase one person at a time, and staying true to their roots. They reflect on the pivotal moments that shaped their careers, the power of live shows in an artist’s success, and their unfiltered take on today’s music industry.
Whether you're an entrepreneur, creative, or fan of their music, this episode offers valuable lessons on resilience, authenticity, and what it takes to sustain a legacy.
Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.
Want to join our Boutique Hotel Mastermind Community?Book a free strategy call with our team: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
What does it take to embrace challenges and unlock your full potential? In this episode, Rich Somers and Tyler Deveraux dive into the mindset and strategies that lead to exponential growth in life and business. Tyler shares how he’s built a thriving real estate portfolio by making bold decisions, overcoming doubts, and leaning into hard situations that forced him to level up.
Tyler and Rich offer actionable insights on the power of quick decision-making, setting non-negotiable goals, and putting yourself in environments that demand excellence. From navigating partnerships to scaling value-add opportunities, this conversation is packed with strategies for anyone ready to step up and take control of their future.
Whether you’re just getting started or scaling your investments, this episode delivers real talk and practical takeaways to help you thrive in the face of challenges.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
What does it take to scale a $4 billion real estate portfolio? Grant Cardone reveals his 10x strategy and the mindset that has propelled him to the top of the real estate investing world. From acquiring $3 billion worth of assets during the pandemic to leveraging debt as a tool for growth, Grant breaks down the exact moves that helped him achieve monumental success.
In this episode, Rich Somers dives deep with Grant to uncover how he navigates high-interest rate environments, identifies institutional-grade opportunities, and builds long-term wealth through strategic acquisitions. Grant also shares his no-BS take on inflation, the importance of controlling assets, and why now is the perfect time to capitalize on market uncertainty.
Whether you’re an aspiring investor or a seasoned pro, this episode is packed with actionable insights, mindset shifts, and powerful strategies to help you think bigger and achieve more.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
How does a small-town farm kid become a rising star in the music industry? At just 21 years old, Blake Schmitz is making waves as a pop singer-songwriter with 150,000 monthly listeners on Spotify. From balancing life as a farm manager in Minnesota to performing on stage, Blake shares how he’s blending two completely different worlds to pursue his passion.
In this episode, Rich Somers and Blake explore the grit behind building a personal brand, growing a fanbase with innovative advertising strategies, and creating a lasting connection with audiences. Blake reveals the power of independent artistry, his approach to producing and marketing his music, and how his farm life fuels his entrepreneurial mindset.
Whether you’re an aspiring musician or looking for inspiration to chase your dreams, this episode dives deep into the journey of turning passion into purpose.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
The greatest wealth transfer in U.S. history is here, and Rich Somers is making bold moves to take full advantage. Joining Mikey Taylor’s podcast, Rich shares his game plan for navigating this unprecedented shift as 40 million baby boomers retire in the next seven years. With a quarter of boutique hotels owned by this generation, Rich explains why now is the perfect time to pivot into this lucrative niche.
In this episode, Rich breaks down his strategy of targeting underperforming boutique hotels, utilizing creative seller financing, and implementing lean operational models to maximize returns. He also explains why the tightening of Airbnb regulations is pushing demand back toward boutique hotels—and how he’s staying ahead of the curve by playing offense, even in uncertain times.
Whether you’re an investor or entrepreneur, this conversation is packed with insights on how to capitalize on shifting markets, embrace risk, and stay in the game while others sit on the sidelines.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
What’s the simplest way for the average person to build lasting wealth? Real estate. In this episode, Rich Somers brings on Thach Nguyen, a real estate mogul who started with nothing—literally $100 and a suitcase—and built a billion-dollar portfolio. Thach shares his incredible journey, from knocking on 100 doors a day to investing strategically in high-appreciation markets.
Rich and Thach explore why real estate is the ultimate long game for creating financial freedom, highlighting the power of compound appreciation, tax benefits, and leverage. Thach breaks down his simple strategy of owning just five paid-off rentals to achieve lifelong wealth and how delayed gratification plays a pivotal role in success.
Whether you’re looking to get started or scale up, this episode delivers a masterclass in mindset, strategy, and actionable steps. If you’ve ever wondered if real estate could be your path to financial independence, this conversation will give you the blueprint.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Are you ready to discover what it really takes to succeed as a real estate investor? In this episode, Rich Somers sits down with Gideon Spencer, an up-and-coming investor who transitioned from short-term rentals to owning a 24-room boutique hotel in California wine country. Gideon shares how stepping into rooms where his dreams were others' realities helped him scale quickly and avoid costly mistakes.
Rich and Gideon unpack strategies for time management, making decisive moves, and cutting out distractions to accelerate your growth. Gideon reveals his actionable 3-step approach to landing commercial real estate deals, while Rich emphasizes the power of speed, precision, and leveraging relationships to outperform the competition.
Whether you’re just starting out or looking to level up, this episode dives deep into the mindset, systems, and habits that separate those who merely dream from those who execute and win.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Is this the time to invest, or should you wait? Tyler Deveraux believes the next 3–6 months are critical for investors ready to capitalize on opportunities created by the biggest wealth transfer in history. He breaks down proven strategies like value-add boutique hotels, ADUs, and luxury short-term rentals—offering insights on how to unlock hidden potential in today’s market.
Rich Somers adds his own perspective, sharing how he turned a 401K into an $80M portfolio by mastering the art of raising and multiplying capital.
From bold decision-making to building a personal brand that attracts opportunities, Tyler and Rich uncover the mindset shifts essential for sustained growth—even in challenging times.
Packed with actionable strategies and inspiration, this episode equips you with the tools to stop waiting and start building the wealth you’ve been chasing.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Ready to take control of your life and business? Rich Somers and Alex Johnson share how making intentional decisions and saying "no" to distractions can propel you to your biggest goals.
In this episode, Rich and Alex dive deep into the mindset of growth, sharing how saying no to the wrong things opens doors for the right opportunities. They discuss how identifying and eliminating bottlenecks—whether they’re personal habits, people, or projects—can unlock your true potential and accelerate your success.
From reflecting on their own experiences to offering practical advice, they challenge you to get clear on your life goals and take actionable steps toward making them a reality. Learn how focusing on what truly moves the needle will set you up for long-term growth and success in 2025.
If you’re ready to eliminate distractions, clarify your vision, and start making impactful moves, this episode is your roadmap to doing just that.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Ready to build a multi-million-dollar real estate portfolio? Blake Rocha, who created a $40M portfolio by age 27, shares his journey of scaling short-term rentals and making bold investments that set him apart. From leveraging risk and consistency to mastering the mindset that drives long-term success, Blake reveals how he made his vision a reality—despite the challenges he faced along the way.
Blake also opens up about the importance of staying mentally and physically sharp, how strategic moves in multifamily investments fueled his growth, and the invaluable lessons he learned from his early deals. This episode isn’t just about real estate; it’s about how the right mindset can propel both financial and personal growth.
Whether you're just starting or scaling, tune in for actionable insights on how to navigate risk, make smarter investments, and achieve the success you’ve been chasing.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Want to avoid one of the worst real estate mistakes you could make? In this episode, Rich Somers and Mikey Taylor on “Life with Mikey” dive deep into the biggest real estate blunders that could cost you big time. Mikey shares his journey, from navigating the complexities of high-stakes deals to realizing the importance of location and timing.
They break down the risks of overpaying in a hot market and why many investors, including top players, are finding themselves underwater due to aggressive strategies. Mikey explains how he shifted his approach to focus on value-add opportunities and buying underperforming assets at a discount, positioning himself for long-term success.
Learn the critical steps Mikey took to protect his investments and build wealth in a volatile market—plus, why having the right mindset and understanding the market fundamentals can set you up for success, even when things aren’t going your way.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
What’s the biggest life hack that nobody talks about? John Cleary shares his incredible journey from battling alcohol addiction to discovering the life-changing power of sobriety—and how it unlocked his path to real success.
Having overcome multiple DUIs, jail time, and addiction, John now works with others to help them achieve long-term recovery and success. His journey of transformation will inspire anyone looking to break free from destructive habits and level up their life.
In this episode, John reveals the mindset shifts, daily actions, and key decisions that enabled him to reclaim control of his life. From the power of humility to the importance of small, daily actions, John shares the lessons that allowed him to rebuild his life from rock bottom.
This episode is for anyone struggling with addiction, personal setbacks, or simply looking for inspiration to make positive change. It’s a must-listen for anyone who’s ready to break free from limiting behaviors and step into their full potential.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
What if 2025 is the year you tap into one of the hottest real estate plays? In this episode, Kevin Trinh unveils why ADUs (Accessory Dwelling Units) are poised to skyrocket as a top investment strategy.
Kevin breaks down why ADUs are game-changers, especially in high-demand markets like San Diego. With zoning bonuses and the ability to force appreciation through development, the returns on ADUs can be massive. He shares his proven strategies for evaluating property potential, maximizing rental income, and navigating construction hurdles.
Rich Somers adds his perspective on how ADUs fit into long-term wealth-building and why they’re an essential strategy for real estate investors looking to capitalize on the market’s evolving landscape in 2025.
If you’re ready to unlock huge returns with ADU investments, this episode is your blueprint. Listen now to learn how to start building and scaling your real estate portfolio with ADUs.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Tired of following the traditional 401(k) path? In this episode, Rich Somers and Cassidy Warren break down why the 401(k) might not be the best investment vehicle for building wealth and how the system benefits Wall Street more than it does the average American.
They challenge conventional wisdom on retirement savings and explain why investing in real estate or leveraging your money in other ways can lead to far greater returns. Rich and Cassidy share their personal experiences, revealing how pulling money out of a 401(k) and investing in real estate helped them build wealth faster than sticking to traditional retirement plans.
Learn how the 401(k) system works against you and why you might be better off taking control of your own investments. This episode will change the way you think about your retirement, and provide the insight you need to start creating long-term wealth on your own terms.
Don’t wait until you’re 59 ½ to see the full benefits. Find out how you can make your money work harder for you now!
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Struggling with ADHD, anxiety, or mental health challenges? Dr. Dan Sullivan, a leading expert in mental wellness, joins Rich Somers to break down the truth about these often misunderstood conditions and share actionable strategies to take control of your mental health.
In this episode, Dr. Sullivan reveals how ADHD and anxiety often go undiagnosed, and why the foundation of your health—from gut function to nutrient deficiencies—can significantly impact your mental well-being. He discusses the key lifestyle changes that can improve focus and emotional stability, from managing blood sugar to optimizing your sleep. Dr. Sullivan explains why mental health is not just about medication, but a holistic approach that includes diet, exercise, and emotional support.
Rich Somers emphasizes how understanding these foundational elements can empower you to make better business decisions, improve your relationships, and ultimately, build a healthier mindset.
This episode will arm you with practical steps to better manage your mental health, enhance focus, and unlock new levels of success in all areas of life.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Want to attract a higher-status partner and level up your relationships? In this episode, Rich Somers sits down with Garin and Yesi to uncover the mindset and strategies that help you become the type of person who naturally attracts the best partners—whether in business or life.
They dive deep into why working on yourself first is key, explaining how understanding your values, creating non-negotiables, and gaining clarity on what you want sets the foundation for long-lasting, fulfilling partnerships. They share how taking time for self-growth before entering relationships leads to more authentic connections and avoids repeating past cycles.
Garin and Yesi also discuss the importance of energy, respect, and communication in relationships, emphasizing that it’s not just about physical attraction but the shared values and mutual respect that make a partnership thrive. They dive into their own personal journey, revealing how doing the internal work attracts higher-status individuals who match their energy.
If you're looking to elevate your relationship game, this episode provides powerful insights on becoming the person who attracts the highest quality connections—whether for love or business.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Own real estate and ready to buy your first boutique hotel? Let’s talk—get on a call and start your journey before the year ends: www.hotelinvesting.com.
Want to unlock the 11 life secrets that can fast-track your success? Kassidy Warren joins Rich Somers to dive deep into mindset shifts and strategies that set successful entrepreneurs apart. From overcoming fear of failure to taking action and making bold decisions, these life-changing secrets will help you level up in your business and personal life.
Kassidy reveals why getting uncomfortable is essential for growth, how focusing on action over perfection is key, and how surrounding yourself with smarter people can accelerate your progress. He emphasizes that success is about taking risks, being resilient, and making decisions quickly.
If you're looking for ways to elevate your life and business, including building a profitable real estate portfolio, Kassidy shares essential advice on how to approach hotel investing and how taking calculated risks can unlock wealth-building opportunities.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Own real estate and ready to buy your first boutique hotel? Let’s talk—get on a call and start your journey before the year ends: www.hotelinvesting.com.
Are you letting fear of failure stop you from taking that crucial first step? Rich Somers breaks down why success in business and real estate is all about the “at-bats” and how taking action, even in the face of mistakes, can lead you to winning big.
Rich talks about his personal journey, from making mistakes on his first real estate deals to scaling his portfolio to $80M in assets under management. He emphasizes how the key to growth is making decisions, learning from failures, and gaining experience through consistent action—whether it's buying your first real estate deal, launching your business, or putting out that first piece of content.
If you're ready to stop waiting for the "perfect" moment and start taking action, this episode will show you how embracing risk and staying consistent can skyrocket your success and accelerate your journey to achieving big results.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Own real estate and ready to buy your first boutique hotel? Let’s talk—get on a call and start your journey before the year ends: www.hotelinvesting.com.
Ready to dive into the world of experiential boutique hotels and micro-resorts? Ben Wolff, Co-founder of Onera and Oasi, a leader in creating transformative hospitality experiences, shares his expertise on why these types of properties are revolutionizing the travel and investment landscape.
Ben talks about how the demand for experiential stays is reshaping the hospitality industry, why smaller, immersive properties are surpassing traditional hotels, and the key factors for successful projects. He also offers his proven strategies for identifying prime locations, curating unforgettable guest experiences, and securing financing for boutique hotel developments.
Rich Somers highlights how these unique properties are shaping the future of travel and creating lucrative opportunities for investors looking to tap into this growing market.
With Onera’s success, including their landmark sale of a landscape hotel to Summit Hotel REIT in 2022, and Oasi's innovative marketing strategies, Ben’s insights are invaluable for investors looking to break into experiential boutique hotels and micro-resorts.
This episode is a must-listen if you're interested in capitalizing on one of the most exciting trends in modern hospitality.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Ready to turn real estate into your ticket to millions in 2025? Kassidy Warren, a powerhouse investor with over $100 million in assets under management, reveals the three game-changing strategies that can transform your portfolio.
Kassidy breaks down how luxury flips, ADU builds, and value-add commercial properties are the key to creating serious wealth. These strategies aren't just theories—they’re the proven steps that have worked for Kassidy and countless others in the real estate game.
As a leader in the Boutique Hotel Investing Mastermind Community, led by Rich Somers and Somers Capital, Kassidy shares his expertise on how boutique hotels can unlock massive returns and diversify your portfolio.
If you're serious about scaling your portfolio, unlocking high-value opportunities, and accelerating your real estate success in 2025, this episode delivers the tools you need to take action.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Mastering the art of raising and multiplying capital is non-negotiable, and John Azar is here to break it down.
As the Founder and Managing Partner of Peak 15 Capital, John shares why the ability to raise capital is the ultimate game-changer in business.
John and Rich break down how to attract the right investors, structure deals that work, and scale your business—whether you're just starting or already running an established operation. John also dives into the key steps for building strong investor relationships, managing deal flow, and securing the capital that will push your business to the next level.
Mastering capital raising is the key to unlocking true success and driving growth in any venture. If you're serious about leveling up, multiplying your capital, and opening doors to bigger opportunities, this episode is a must-listen.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Asset protection is a game-changer for real estate investors, and Mauricio Rauld is pulling back the curtain on how to structure your LLCs for maximum security.
With over two decades of experience as the founder of Premier Law Group, Mauricio is a trusted authority in asset protection and tax strategies for real estate professionals. In this episode, he dives deep into the importance of setting up LLCs properly to protect your assets and minimize liability risks.
Mauricio breaks down step-by-step how to structure your LLCs to shield your wealth from potential threats, offering actionable advice whether you're new to real estate or a seasoned investor.
He also reveals how the right legal framework can help you navigate both liability protection and tax efficiency—crucial elements for building long-term wealth.
Rich Somers offers his perspective on how structuring LLCs and protecting assets has been a crucial part of his own real estate strategy, enabling him to scale his portfolio to $80M AUM.
Gain key insights into LLC structures, risk minimization, and safeguarding your assets against unforeseen challenges in this must-listen episode.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
What’s the real impact of the post-2024 election for real estate investors? Rich Somers sits down with Mauricio Rauld, a seasoned securities attorney and founder of Premier Law Group, to break down the 5 major shifts that could seriously change the game. With Trump’s victory, things like bonus depreciation coming back, a more relaxed definition of accredited investors, and the potential to see the Corporate Transparency Act repealed—these changes are a huge opportunity for investors who are ready to act.
Mauricio, who’s helped numerous investors navigate securities law and raise capital through syndications, dives into how deregulation in crowdfunding and the ability to get paid for connecting investors could transform the capital-raising game. Rich gives his take on how these changes are more than just political—this is the kind of shift that opens up massive potential for those who know how to capitalize on it. Tune in to hear how you can seize the moment and get ahead of the curve.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
What does Trump’s victory mean for the future of America—and how will it impact YOU?
Rich Somers sits down with Stephanie Myers, a seasoned news anchor and reporter, to unpack the aftermath of Trump’s win and the game-changing effects it will have on everyday Americans. From shifting immigration policies to new economic landscapes, this conversation breaks down the major political and societal changes on the horizon.
Stephanie reveals how the new administration’s policies will affect key sectors like business, real estate, and the job market, offering valuable insights on what’s to come.
Rich also provides his unique perspective on the political landscape’s impact on the real estate market and the opportunities for investors navigating these uncertain times.
Tune in for essential insights on how to prepare for a transformed America and leverage the upcoming changes in your personal and professional life.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
What if mastering one key skill could unlock your success in real estate investing? In this episode, Rich Somers and Nathan St Cyr dive into the importance of understanding risk and how it plays a central role in every successful investment strategy—whether you’re a seasoned pro or just getting started. Rich shares insights from his own journey, discussing how patience, perseverance, and a keen understanding of risk were critical in scaling his hotel investments. From his first property to now overseeing a growing portfolio, Rich highlights the essential skill of navigating challenges and seizing opportunities when others might hesitate. Nathan brings his expertise on hotel investing, explaining how the landscape is evolving and where the biggest opportunities lie. With a focus on the crucial elements of due diligence, market analysis, and the importance of securing the right team, this episode is packed with actionable advice for anyone serious about real estate. Tune in to hear Nathan and Rich break down their unique approaches to investing, and learn why mastering the art of risk management is the key to long-term success in real estate.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
As the political landscape shifts following Donald Trump's recent election victory, what does it mean for real estate investors? In this Saturday Edition, Rich Somers delves into seven pivotal factors that will reshape the real estate investing arena in the coming years. From anticipated changes in tax laws to evolving market dynamics, understanding these developments is crucial for investors aiming to capitalize on new opportunities. Tune in to gain insights into how the election's outcome will influence investment strategies and what steps you can take to stay ahead in this evolving market.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Curious about how exotic cars can unlock new networking opportunities? Join Rich Somers as he dives into a high-octane conversation with Clem Connor, founder of the exclusive car club, Fast Lane Drive, that transforms driving into a gateway for success.
In this episode, Clem reveals how owning exotic cars can open doors to high-net-worth individuals and new business opportunities. He shares practical tips on the financial aspects of buying and leasing luxury vehicles and explains how to leverage them for maximum visibility.
Rich and Clem also discuss the strategic benefits of using exotic cars to enhance personal branding and build meaningful connections. If you want to understand how to use luxury cars to accelerate your career and expand your network, this episode is a must-listen!
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Discover the seven characteristics and personality traits that are consistent with people who are highly successful. In this quick rapid fire episode, Rich shares his insight on why these distinct qualities help to determine who is moving the needle, and who is not.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Unlock the secrets of entrepreneurship as Rich Somers engages with Dan Martell, a WSJ bestselling author, serial entrepreneur, and growth coach. Journey with Dan as he shares his evolution from launching successful ventures like Clarity.fm and Flowtown to becoming an angel investor with a portfolio that boasts industry titans like Intercom and Udemy. Discover how Dan's fresh insights on business growth can empower you to create a venture you truly love. He explores essential topics, including how to spot market trends, master the art of sales, and identify the critical factors that drive pricing strategies. Dan also emphasizes the importance of public speaking and content creation, revealing how a strong social media presence and reputation can dramatically influence business success. Throughout the conversation, he breaks down the vital skills needed to excel as a business owner, highlights the significance of due diligence in acquisitions, and shares invaluable lessons learned from industry giants like Grant Cardone and Warren Buffett.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
What does it take to truly succeed in business and defy the odds? Join Rich Somers as he chats with Travis Chambers, the visionary behind Outpost X, a one-of-a-kind sci-fi movie set hotel in the Utah desert. After a remarkable $17 million exit from Chamber Media, Travis opens up about his journey—from a childhood filled with adversity to crafting an extraordinary experience that transports guests into another world.
In this captivating episode, Rich engages Travis in an exploration of entrepreneurship, where the importance of sales skills and meticulous attention to detail becomes paramount.
They discuss how Outpost X is more than just a hotel; it’s a transformative space of healing and imaginative escape, inviting guests to immerse themselves in a truly unique experience.
Travis reflects on the challenges he has faced, including the complex legacy tied to his father's involvement in the Roundup/Monsanto crisis, and how these experiences have shaped his mission.
The conversation delves into workplace culture, the critical role of innovation in hospitality, and the unique challenges of funding unconventional stays in a market that often shies away from the new and untested.
Travis shares invaluable insights on overcoming adversity and the transformative power of vision in entrepreneurship. With an adventurous spirit, he inspires listeners to embrace opportunities and challenge the status quo.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
How does the "4 x 4 x 48" challenge parallel the journey of tripling the value of a multifamily property in less than two years? Join Rich Somers and Michael Garcia as they uncover the power of commercial real estate through Michael's remarkable transformation—from selling his single-family house to investing in a 12-unit multifamily deal that achieved outstanding results in just 23 months. Explore the challenges he faced, the invaluable lessons learned in his first deal, and why resilience is crucial for every serious investor.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Think real estate rentals are the way out when you're broke? Rich Somers and Ryan Pineda challenge that assumption head-on, showing why focusing on active income is crucial before diving into rentals. Ryan shares smarter strategies to build wealth the right way, stack cash fast, and avoid low-yield investments. Make moves, not mistakes.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Discover how to turn tightening Airbnb regulations into your advantage by transitioning into the lucrative hotel industry. Learn the insider secrets to finding hotel deals, mastering operations, and securing the right partners to grow your portfolio. If you're ready to elevate your investment game, this episode has everything you need to get started!
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Rich sits down with real estate expert Jason Yarusi to discuss how he grew a $300M commercial real estate portfolio, key strategies for successful real estate investing, and the importance of market knowledge and focusing on niches.
Jason Yarusi has built and exited a construction company, restaurants, a brewery and multiple large apartment communities. Jason is a Private fund manager of over $300M of Multifamily real estate. Since 2017 his company Yarusi Holdings has amassed over 2,500 apartment units.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Naturopathic expert Dr. Pedi Mirdamadi joins Rich Somers to reveal surprising truths about health—from grocery store secrets and fertility killers like hot tubs and cell phones, to the heated debate over false eyelashes that earned millions of views. With eye-opening insights and practical advice, Dr. Pedi emphasizes the importance of taking control of your wellness, reminding us that "health is wealth."
Dr. Pedi Mirdamadi is a Licensed Naturopathic Doctor and Holistic Nutritionist specializing in Functional Medicine, practicing at Oasis Health and Medicine in San Diego.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Learn to master the art of raising capital for real estate with expert Hunter Thompson. In this episode, Rich Somers dives into Hunter’s top strategies for syndication, including how to attract accredited investors and navigate the common pitfalls that can derail your success. Packed with actionable insights and real-world examples, this conversation is essential for anyone serious about leveling up their investment game and avoiding costly mistakes.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Access the secrets of personal branding in this episode with Rich Somers and Brandon Fortino as they share how to use powerful hooks and captivating stories to grab attention and monetize a small audience. Packed with actionable strategies, they cover creating impactful content, building community, and leveraging social media to achieve greater success.
Whether you're just starting out or looking to scale, this episode is your blueprint for mastering personal branding and unlocking new opportunities!
Brandon Fortino is the founder and CEO of Short Form Pros, a speaker, and an expert in personal branding and organic video marketing. Using his knowledge of over 7 years in video production, he helps numerous entrepreneurs and businesses create social media content consistently and effectively to achieve millions of organic reach on social media to build a community. His work is driven by the values of persistence and excellence to turn their personal brand from invisible to invincible.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Buckle up for an unforgettable ride that spans from the cockpit to the world of real estate. Captain Curt shares his wild adventures flying private jets and his bold transition into real estate investing. With near-miss stories, high-stakes flights, and wealth-building insights, this episode blends adrenaline with smart strategies.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Feeling stuck? In this episode, Mike Schmidt, the mastermind behind Superfood Superhuman, shows us how a simple shift in diet, sleep, and sobriety can unlock new levels of success. Rich Somers and Mike dive into the game plan for turning your health into your greatest asset. Get ready to transform your life from the inside out.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
From overcoming a gambling addiction to becoming a real estate expert and founder of The Brooklyn Bank, Rich sits down with Jude Bernard to discuss everything from learning from your past mistakes, the importance of time management, and the the do's and don'ts of networking and how to make connections.
Jude Bernard is a real estate entrepenuer and founder of the Brooklyn Bank. BKBNK INC is a non-profit organization focused on providing underserved individuals of color the tools and education required to secure financial independence to close the wealth gap.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Rich is interviewed by Brad Rice on the The Blueprint podcast where they discuss how Rich got started in the real estate business, the importance of a personal brand, and the various life challenges he had to overcome in the past that lead him to where he's at today.
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Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.
If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.
Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
Carl Dumesle went from surviving Haiti’s devastating earthquake to building a real estate empire in San Diego, amassing an impressive $40 million in assets under management. Rich Somers is here to unpack every bold move along the way. As a key member of the 7-Figure Creator Mastermind, Carl's relentless ambition and refusal to settle for anything less than success make his story truly inspiring. This episode is packed with real-life lessons on turning adversity into strength, overcoming obstacles, and chasing your dreams—exactly the motivation every entrepreneur needs.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.**
From a $20k dream to a $7M micro-resort, Isaac French built Live Oak Lake into an Instagram sensation with 150k followers and 80% direct bookings. Rich Somers dives deep with Isaac on building the brand, automating guest touchpoints, and what it takes to create a hospitality experience that’s both stunning and efficient. Get ready for insider strategies to level up your game.
Isaac French is a former accountant turned hospitality entrepreneur and the creator of Live Oak Lake, a luxury micro-resort in Waco, Texas, renowned for its design and guest experience. With over 150,000 Instagram followers (@liveoaklake), the resort boasts 95% occupancy and continues to set a new standard in experiential hospitality.
Newsletter: https://www.isaacjfrench.com/
X: https://x.com/isaacfrench_
Course and Community: https://www.experientialhospitality.com
Instagram: https://www.instagram.com/isaacfrench_/
Youtube: https://www.youtube.com/@isaacfrench
Linkedin: https://www.linkedin.com/in/isaacjfrench/
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.**
Rich is joined by Co-Host, Pace Morby, on today’s Saturday Edition. They answer the top question of the week that was sent in by our listeners.
Rich and Pace speak on the fundamentals of subject-to real estate deal, the types of candidates that make for a good seller, defaulting on sub-to deals, positioning landlords to lenders, and negotiating with maximum leverage. They also discuss the willingness to over-paying on a property, amortization, and bank lending.
Connect with Pace on Instagram: @PaceMorby
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.**
Join Rich and gym mogul Bo DePaoli as they reveal the raw, unfiltered secrets of dominating the fitness industry and the relentless hustle behind building sustainable brands. This episode dives deep into the gritty truths of entrepreneurship, navigating fierce competition, and exposing election corruption within powerful unions, along with hard-hitting insights on business and lifestyle. Whether you're a fitness enthusiast or an aspiring entrepreneur, prepare for a masterclass in hustling smart, leveling up your health and mindset, and breaking the mold in a saturated market.
Bo DePaoli is the founder of D3 Enterprises and has recently ventured into the fitness sector, successfully turning around two failing gyms within a year of their acquisition.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.**
Rich and Dr. Tom Walters discuss common misconceptions within the orthopedic physical therapy space, how your mindset can affect your health, and tips on how to get the most out of your strength training exercises.
Dr. Tom Walters is a board-certified orthopedic physical therapist and strength and conditioning specialist based in Santa Barbara, California. In addition to his clinical practice, he also runs one of the world’s largest social media accounts dedicated to physical rehab (@rehabscience on Instagram).
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.**
Want to learn how to buy a gym? Rich and Bo discuss the key factors of gym investing, how to maintain additional streams of revenue while owning a gym, and the importance of muscle building.
Bo DePaoli is the founder of D3 Enterprises, he's recently ventured into the fitness sector, successfully turning around two failing gyms within a year of their acquisition.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.**
Rich is interviewed by Ryan Bakke on the LearnLikeACPA podcast where Rich shares his journey cashing out his 401k to buy his first couple of deals, and scaling to $80M, through the real estate investing space and his approach to investments and deals. Ryan Bakke is a real estate tax strategist, and also a investor in the Somers Capital Boutique Hotel Fund.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.**
Want to learn how to buy a laundromat business? Rich and Tom Donnelly chat all things laundromat investing, the biggest mistakes to avoid, how to find and analyze the best locations and deals, value-add strategies, and how you can buy your first laundromat in 2024!
Tom Donnelly is an experienced entrepreneur and investor who has been buying laundromats for the past 5 years (owns 3, building out a 4th) and investing in real estate for 6 years.
Connect with Tom Donnelly on Instagram: @mrtomdonnelly
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.**
In this Saturday Edition episode, Rich sits down with Grant Cardone to discuss the pros and cons of homeschooling and the public school system.
Grant Cardone is an American businessman, Equity Fund Manager ($4B Assets Under Management), Real Estate Investor, Business author and Founder of 10X Growth Conference, 10X Health System, Cardone Ventures & 10X Studios. Also author of seven best selling business books, creator of Cardone U online education and The 10X Growth Conferences (the largest business conference in the USA.)
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.**
In this episode, Rich sits down with Forbes-featured millennial real estate entrepreneur Diego Corzo to discuss his journey from Peru to the US at the age of 9, buying his first property at age 23, and the steps he took to build passive income streams through real estate which led to him becoming a millionaire under the age of 30.
Diego Corzo is a millennial real estate entrepreneur, investor, mentor, and TEDx speaker. Diego's story has now been featured in Forbes, CNN Money, Inc.com, Entreprenuer.com, Fox News, Telemundo and Univision. He aspires to help others become financially free and reach their full potential.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.**
On today's episode, Rich sits down with Scott Empringham to discuss how AI is disrupting the marketing game, how to create an entire marketing plan utilizing AI, and how he generated $1 billion in sales while working with Ford Motor Company.
Scott Empringham is an owner/CEO of Empringham Media Group, a turnkey AI-Powered digital marketing agency that helps clients accelerate their growth. With over 20 years of experience in marketing communications, online marketing, and creative direction, Scott is a recognized leader and innovator in his field.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.**
On today’s episode, Rich sits down with Thach Nguyen – Entrepreneur, Founder of Thach Real Estate Group, Real Estate Broker, Investor, Developer. Thach is the CEO & Founder of Thach Real Estate Group, and principal of Springboard to Wealth. He’s a proud ambassador of the American Dream. During his 30 years in the real estate industry, he has built more than 300+ homes , townhouses, and multifamily units and completed over 100+ flips. Thach and his team have assisted more than 2,500+ families to create their own American Dream of home ownership, ranking him in the Top 1% of all real estate professionals nationwide.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.**
In this episode, Rich sits down with Dr. Adam Silberman to discuss the pros & cons of hormone & testosterone treatment, the importance of hormone optimization, and new research discoveries regarding optimizing cognitive performance & muscle mass.
Dr. Adam Silberman, NMD is an expert in natural, functional, and integrative approaches to family medicine. He offers face-to-face as well as online remote consultations. He works with regulatory agencies, universities, corporations, expert witness, and the pharmaceutical/nutraceutical industry as an expert in natural therapies.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.**
In this episode, Rich sits down with Mark Quesada to discuss his rags to riches origin story of transitioning from being a server to getting started in real estate, why he started his own brokerage, and the current state of the rate environment within his industry.
Mark Quesada is the President of Black Label Realty and the team lead for The Quesada Group Ltd, overseeing real estate transactions in the San Diego, Chicago, Tampa Bay, and Miami markets. Under his leadership, Mark and his team consistently rank in the top 1% of agents in current production, a testament to their unmatched professionalism and access to exclusive tools and resources.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
In this Saturday Edition, Rich sits down with Multifamily Real Estate Investment specialist Dan Blackwell to discuss the importance of market selection, how to make your first $500,000 through real estate, and the benefits of building a team.
Dan Blackwell has specialized in Multifamily Investment Sales since 2008 and currently leads the Southern California Multifamily Investment Sales division for CBRE. He and his team have closed over $1.5 billion in multifamily property sales - over 450 transactions and growing.
Connect with Dan on Instagram: @multifamilysocal
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
In this episode, Rich talks with multifamily investment sales specialist Dan Blackwell, about his journey in becoming a multifamily broker, current real estate market trends, his recent transactions, and his progress towards his goal of owning 100 investment properties.
Dan Blackwell has specialized in Multifamily Investment Sales since 2008 and currently leads the Southern California Multifamily Investment Sales division for CBRE. He and his team have closed over $1.5 billion in multifamily property sales - over 450 transactions and growing.
Connect with Dan on Instagram: @multifamilysocal
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
In this episode, Rich talks with serial entrepreneur Brian Decker about cryptocurrency's impact on global finance, upcoming business trends for the next five years, and the importance of interpersonal communication.
As a savvy investor, Brian's diverse real estate portfolio includes apartments, Airbnbs, long-term rentals, and a venture at Zapotal Discovery Beach Club with Ryan Pineda. His investment strategies and successes serve as an inspiration to many.
You can find Brian on Youtube @thebriandeckershow and on Instagram @thebriandecker
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
In this episode, Rich sits down with Alex Johnson, Director of Investor Relations at Somers Capital, to dive deep into the 10 compelling reasons why we're investing in boutique hotels—and why you should, too. They explore market trends, generational predictions, and reveal our secret sauce for operating these properties successfully.
Want to learn more about how you can achieve similar success? Discover our A-Z proven process for buying boutique hotels, designed to help you acquire properties within 12-18 months and potentially 2-3x their value.
Interested in joining our Boutique Hotel Mastermind Community? Drop your information here: https://somerscapital.com/mastermind/. Watch Rich explain the exclusive benefits of the Mastermind community and explore what you'll gain as a member here: hotelinvesting.com.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
In this Saturday Edition Rich and Alex share stories from their lives on lessons they've learned in friendship and business. Growing pains in friendship and business can be frustrating. Choosing who you surround yourself with impacts more than just the time spent with them. Chose your circle wisely.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
In this episode Rich sits down with Billy Perez, a San Diego-based Short-term rental Owner and Manager. Billy shares how he went from a middle school Spanish teacher to owning two properties and managing over twenty! Not only does he manage short-term rentals but he also owns and operates vending machines across San Diego as a side business.
Billy encourages others to "take small steps and to take the risk" into real estate. The market is big enough for whoever wants to get in and it's worth it.
You can find Billy on Instagram @Billy.elevate and his podcast The Elevated Entrepreneur
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
In this Saturday Edition Rich sits down with Karlton Dennis, a leading tax professional in America. Today, they talk about the Self-Rental Strategy and how being a Real Estate Professional can drastically save you big money on your tax returns, even if you or your spouse has a high-paying W-2.
Connect with Karlton Dennis on Instagram @karltondennis
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On this week's episode, Rich sits down with Karlton Dennis, one of America's Leading Tax Strategists who focuses on "Tax Free Living" with compliance of Federal and State Tax regulations. Carlton is the Founder and CEO of Tax Alchemy, a firm specializing in sophisticated tax planning.
They dive deep into topics like How to Write off a Private Chef, Revokable vs Irrevokable Trusts, STR Loopholes and placing your spouse or child on your payroll as a business owner. You'll also learn some of the best cars to write off on your taxes for Code Section 179.
Connect with Karlton Dennis on Instagram @karltondennis
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode, Rich sits down with Dr. Reza Tirgari a San Diego based Biochemist and Physician focused on aesthetic enhancement. Dr. Tirgari has over half a million followers on TikTok where he shares his expertise and debunks common myths in the aesthetic and beauty industry.
Rich and Dr. Reza dive into Masculinity and Aesthetic procedures like Botox, face lifts and Testosterone injections. After chatting about Rich and his journey with taking a break from alcohol, Dr. Reza shares his science backed ways to recover quicker and most effectively. With a specialization in liposuction, we learn who is a good candidate for lipo and what you need to be prepared for when getting this procedure.
Connect with Dr. Reza Tirgari on Instagram @avalonlaser and on TikTok @drreza_t
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
In this Saturday Edition you get a glimpse into the 7 Figure Creator Mastermind group calls and see Rich speaking with Ryan Pineda. Ryan shares his 7+ years experience in social media and experience in real estate since 2010.
Throughout these 27 minutes, you'll learn the secrets of the top level business minds on social media and what sets them apart from the creators who do not succeed.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On this Thursday episode, Rich sits down with Michael Russel, an owner/operator of Howzit Hostels, a growing brand of hostels based in the Hawaiian Islands.
Michael shares his story on how he went from selling timeshares in Maui to controlling his own real estate of two hostels, one in Maui and the other on the Big Island of Hawaii. Rich and Michael speak on what to do with bad reviews, investing in hostels and the benefits of a shared economy.
Michael and Rich discuss how taking risks in real estate can lead to unexpected opportunities and significant growth. Michael emphasizes that while risks are real, not seizing opportunities can lead to greater regret.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode, Rich sits down with Joe Trachta and Jared Koenig, Director of Product and Vice President of Operations for BYLT -- a premium basics apparel brand with tailored fits, elevated designs and enhanced materials BYLT for any occasion.
They dive into what sets BYLT apart from their competitors, how Rich X BYLT's brand partnership came to fruition, and the history of the company & how it got started. Joe and Jared share how falling in love with the craft & art of building product is what makes going into work every single day fun, how they landed partnerships with individuals like Mike Tyson & Rob Gronkowski, and their vision for where the brand is heading in the future.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's Saturday Edition Episode, Rich sits down with co-host Alex Johnson to chat about why those who wait for the perfect plan never play the game. They discuss a few examples from their owns lives and share some key tips for any listeners out there who might be stuck in "analysis paralysis".
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode, Rich sits down with Cole Mueller -- founder of Maniball Peanut Butter Tequila, the world's first PB tequila brand. He launched Maniball in San Diego in Q1 of 2024, and since then have expanded in multiple markets around the US. He's also a partner of the RMCI Group, a firm that builds high-end ultra luxury spec homes and flipa them for profit all over California. They focus on luxury markets in San Diego, LA, and Northern California.
Rich and Cole dive into how he came up with the idea to combine peanut butter + tequila, everything that goes into creating the product, and his strategy for expanding the brand. They also discuss Cole's experience in the real estate investing space, the types of projects he works on with the RMCI Group, and the importance of relationships and a positive mindset.
Connect with Cole on Instagram: @colemueller8
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode, Rich sits down with Tony Robinson -- real estate investor and co-host of the Bigger Pockets Real Estate Rookie Show. Tony brings his expertise in long-distance real estate investing, the BRRRR strategy, real estate partnerships, and short-term rentals. Tony has defied all odds as a young black male who became a father at 16, quickly scaled the corporate ladder at companies like Tesla, and has now become a full time real estate investor growing his portfolio to 30 short term rentals in the last 2 years.
Rich and Tony dive into how he bought his first boutique hotel right outside of Zion, a previous deal he had to walk away from halfway through the $6M raise, and the importance of getting your feet wet and just getting in the game with your first deal. They discuss what they're currently seeing in the STR market, their thoughts on canceling contracts, and the biggest lessons they've both learned as they've grown as entrepreneurs.
Connect with Tony on Instagram: @tonyjrobinson
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's Saturday Edition episode, Rich is joined by Tony Robinson -- real estate investor and co-host of the Bigger Pockets Real Estate Rookie Show. Tony brings his expertise in long-distance real estate investing, the BRRRR strategy, real estate partnerships, and short-term rentals. Rich and Tony dive into the current interest rate environment, they discuss the latest market trends, and provide a detailed roadmap for those looking to make their first real estate investment.
Connect with Tony on Instagram: @tonyjrobinson
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode, Rich sits down with Joshua "Cabo" Gunderson -- a Lieutenant Colonel with the Nevada Air National Guard and former combat pilot. Joshua started his career at the United States Air Force Academy, graduating with degrees in geospatial science and Spanish in 2008. During F-15 pilot training, he received several awards including Distinguished Graduate and Top Gun.
From 2008-2019, Joshua was stationed at various air bases including Okinawa, Japan and Anchorage, Alaska, where he transitioned from flying the F-15C to the F-22 Raptor. He executed multiple combat deployments throughout the Middle East in support of Operation Inherent Resolve and earned the Raytheon Award, the Air Force’s top honor for aerial combat squadrons.
He finished his active duty career serving as the F-22 Demonstration Team Commander and Pilot from 2020-2022, where he earned the Field Grade Officer of the Year Award. He led the Air Force’s sole F-22 demonstration team, flying 200 sorties at over 25 domestic and international air shows annually, including the flyover at Superbowl 2022. Since leaving active duty, Joshua serves in the Nevada Air National Guard, works for a private company as a corporate pilot flying the Challenger 300 aircraft, and consults for aviation clients.
In addition to his career, Joshua is passionate about community and aviation. During his time leading the F-22 Demo Team, he interacted with over 12,000 students across 167 community events and continues to participate in community outreach at local schools and children’s hospitals. He volunteers as a mechanic and pilot at the Planes of Fame Aviation museum, which owns over 150 vintage military aircraft ranging from WWI through Vietnam and Korea.
Rich and Joshua dive into his time in the Air Force and his transition to the Nevada Air National Guard, they discuss the biggest differences between flying private vs. commercial, and Joshua shares the craziest maneuver he's done in a fighter jet along with a story of a near-death experience in an F-22.
Connect with Joshua on Instagram: @cabogunderson
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode, Rich sits down with second time podcast guest Lisa Song Sutton -- she's a real estate investor, entrepreneur, venture capitalist, and former Miss Nevada. With a background in business litigation, Lisa began her career working in a top Las Vegas law firm before launching and scaling several companies, taking them from $0 to millions in revenue, across various industries including real estate, food and shipping retail.
As the daughter of a USAF Vietnam War Veteran, Lisa is a strong advocate for the
veteran community. She is currently a General Partner of The Veteran Fund, a $20M venture capital fund that invests in veteran-led companies.
In addition to her work in real estate and venture capital, Lisa is an experienced speaker, sharing her message of leadership, empowerment, and taking action with audiences from the TEDx stage to local schools, encouraging the private sector to become more involved in their communities.
Lisa was the first Miss Nevada of Asian descent and remains actively involved in her community, serving on the boards of StartUpNV, Nevada's largest statewide business incubator, and the Young President's Organization (YPO) Las Vegas chapter. She was recently recognized as Vegas Inc.'s 40 Under 40 and also serves on the board of the Nevada Policy Research Institute.
Rich and Lisa discuss how she got started in the mini mailbox space, they dive into her online community where she teaches others how to set up their own stores, and Lisa reflects on her time competing in the Miss Nevada pageant.
Find more information about Lisa at www.lisasongsutton.com
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode, Rich sits down with Ryan Magin -- a video creator who has garnered over 500 million views across TikTok, IG Reels, and YouTube Shorts. As the founder of Viral Editz, his media company has produced thousands of TikTok videos, each surpassing 1 million views, resulting in $3 million in revenue. He currently manages a diverse clientele of 18 brands and A-list creators, with his team consistently creating and posting over 100 videos daily across multiple platforms.
This Saturday Edition teaches you the BEST way to grow a social media audience in 2024 with Ryan Magin.
Connect with Ryan on Instagram: @ryanmagin
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode, Rich sits down with Ryan Magin -- a video creator who has garnered over 500 million views across TikTok, IG Reels, and YouTube Shorts. As the founder of Viral Editz, his media company has produced thousands of TikTok videos, each surpassing 1 million views, resulting in $3 million in revenue. He currently manages a diverse clientele of 18 brands and A-list creators, with his team consistently creating and posting over 100 videos daily across multiple platforms.
Rich and Ryan dive into all things social media content -- how Ryan structures and runs his business, the best platforms and types of content to post, and the importance of focusing on your strengths. They also what goes into a viral video, keys to growing a niche following, and why he thinks being "humble" is costing people money.
Connect with Ryan on Instagram: @ryanmagin
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Re-sharing one of our top episodes with Karlton Dennis. Original airdate was on November 16, 2023.
Rich sits down with Karlton Dennis - a Licensed Enrolled Agent, Tax Strategist, Forbes council member, Consultant and YouTuber. Karlton has helped over 10,000 clients and 3200 real estate investors and entrepreneurs save millions of dollars in taxes in real estate and business. Karlton also hosts the podcast “Tax Free Living.”
Rich and Karlton start off by discussing the LA Lakers and Clippers, how Karlton became a tax professional, the benefits of setting up holding LLCs in Wyoming and Delaware, the benefits of having a living trust, the differences between a revocable trust and irrevocable trust, and the STR loophole for high earning w2 taxpayers.
They also reflect on the intricacies of depreciation recapture, the 1031 exchange, cost segregation studies, Tenancy in Common, reverse 1031 exchanges, the definition of like kind exchanges, the child payroll strategy, S Corps and C Corps, the intricacies of Roth IRAs and backdoor IRAs, whether high income earners should put their money into Roth IRAs or 401ks, and self directed 401ks.
Lastly, Rich and Karlton talk about setting up Simplified Employee Pension Plan (SEP), stepping up and taking action during the COVID-19 lockdown, tax strategies for high income earners of $10 million or more, and the tax benefits of purchasing jets, yachts, and luxury cars.
Connect with Karlton on Instagram: @karltondennis
Bylt Basics Promo Flash Sale
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
This episode is a recording from Rich's Boutique Hotel Mastermind Community Group Call. Jonathan Yoo of Convoy, joins us to discuss the current interest rate environment, capital market update, and where interest rates are headed.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Connect with Jonathan: jonathan@convoyhomeloans.com
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode, Rich sits down with pro skateboarder Brandon Turner -- this child prodigy struggled with addiction growing up, and following some injuries and time in prison, he went through a period of recovery. After turning sober in the late 2010's, he began mentoring in addiction in recovery programs, and returned to skateboarding in what The New York Times called "an impressive late-career renaissance". Rich and Brandon dive into his early years as a skateboarder, sponsorships & endorsements, the importance of mindset, and how skateboarding has evolved over the years. The also discuss creating your personal brand through social media, Brandon's experience jumping off a bridge and getting hit by a car, and his road to recovery.
Connect with Brandon on Instagram: @bturner_
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Today we're dropping a special episode from Rich's live speaking engagement at Tony & Sara Robinson's STR Summit in Denver a couple weeks ago. Rich delivers an insightful presentation to the crowd by diving into all things boutique hotel investing, mindset, what it takes to build a portfolio, scale that portfolio, and so much more. He discusses the importance of sacrificing certain things to get to the next level, his transition from an air traffic controller to where he is today in the real estate space, and some key actionable steps you can take if you feel stuck and are looking to make a change in your own life!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
In today's episode, Rich shares with the audience an opportunity to join this year’s Somers Capital Holiday party, his biggest takeaways from 2024 this far, how to build and reflect on personal goals, and what Rich is looking forward to as he finishes out the year.
Reach out to info@somerscapital.com to get access to the Somers Capital 2024 Holiday Party
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Neil Shah - President of Inntech Management and a leader in the hospitality industry. Neil started out as an electrical engineer in India, and at age 23, moved to California where he became a hotelier and a GM. Since then, Neil began investing in hotels and has grown to multiple properties in Arizona. Neil currently owns 13 hotels.
Rich and Neil discuss Neil’s fascinating beginnings in India and becoming a hotelier, the distinction between branded hotel properties and independent properties, and how to effectively educate yourself in what you want to do. They also talk about automating property processes and how the next generation will take on real estate innovations.
Connect with Neil on Instagram: @nilangs
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
**Rich sits down with Jordan McMurtry - Co-Creator at YES Inc. & Investor Relations Manager with Hayley Capital. Jordan’s career began as a personal assistant, quickly advancing to an executive assistant role. In November 2023, Jordan launched the YES dating app in San Diego, a project Jordan and her co-founders meticulously developed since 2019. Jordan is dedicated to expanding YES dating’s presence in San Diego, aiming for market dominance before scaling to other cities. Her involvement in startups has been highly rewarding, witnessing companies grow from inception to generating nearly $45 million in annual revenue.
Rich and Jordan discuss how Jordan started her dating app - YES, group dating and double dates, their critiques of modern dating etiquette, and what a perfect first date would look like. They also reflect on transportation when dating, Rich’s big Holiday Party announcement, awkward dates and catfishing on dates. Lastly, Rich and Jordan talk about social media and dating apps, where and how to meet new people, long-distance dating, settling down in dating, and Jordan’s goals for 2024.**
Connect with Jordan on Instagram: @jordanhayleym
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
This episode is a re-cut from The Action Academy Podcast, hosted by Brian Luebben. The original episode aired on May 14th, 2024.
In today's episode, Rich shares with Brian his key takeaways and learnings on how he went from his first deal to a portfolio of $80M+ of real estate, establishing how to get started in boutique hotels, apartment buildings, and short term rentals in 5 years.
Connect with Brian on Instagram: @brianluebben
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
The NAR class action lawsuit will disrupt real estate as we know it, and Rich and Brad Rice dive deep into why during today’s episode, right before they switch gears to boat lending and how to create a home listing in under 5 minutes.
Rich sits down with Brad Rice - Founder and CEO of Amerifund Home Loans, a nationally recognized mortgage company and Homepie, a groundbreaking and disruptive online marketplace that enables anyone to sell their own home without paying excessive real estate commissions. During his 30-year career, Brad has scaled, owned, and operated several successful mortgage companies, an escrow company, a real estate brokerage, and real estate investment groups.
Rich and Brad discuss Rich’s Banker Hill property, The 7 Figure Creator group, the current lending space, HELOCs, what Brad is doing in the lending space, reverse mortgages, Rich’s first win in the real estate space, and why Rich and Brad do business in California. They also reflect on Rich’s idea for a San Diego Real Estate Conference, Brad’s company - Homepie, Brad’s vision for the future of real estate, and how to create house listings and agreements in only five minutes. Lastly, Rich and Brad talk about a class action lawsuit that has completely disrupted the realtor space and will force several severe NAR (National Association of Realtors) and brokerage practice changes, why Rich only works with listing agents, commercial lenders and sellers, why Rich doesn’t like people who aren’t gamers, a deep dive on Rich’s new boat, wake surfing, Brad’s private lake, Rich announces the next Somers Capital holiday party, and Brad announces the title of his podcast.
Connect with Brad on Instagram: @thebradrice
Sell Your Home with Homepie: https://homepie.com/
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
**Rich sits down with Michael Sartain - Performance Coach, Air Force Navigator and Instructor, and Host. In 2019, Michael created Men of Action, a program that dedicates its time to teaching men how to increase their status, build an abundant lifestyle, find elite friends, and attend VIP events in under 25 days. Men of Action has had 400+ success stories. Michael is also the host of the Michael Sartain Show podcast.
Rich and Michael discuss hanging out last weekend, where beautiful people typically are, how to meet high level people at night clubs, being fake rich and the future of social media, “dad bods,” the importance of fitness, TRT and cold plunges.
They also reflect on cheating in relationships, bisexual partners, 50 Shades of Grey, dating age gaps, Ryan Gosling being “mid,” bikini competitions, how Michael met his girlfriend, low stimulus partners, Michael’s greatest dating hack, the direct and indirect dating games, un-sending messages, attention vs compliance, and Rich’s dating advice.**
Lastly, Rich and Michael talk about current affairs, OJ Simpson, the removal of consequences in modern society, Wes Watson and Jordan Belfort, influencers and live streaming, Michael’s favorite stories with Dan Bilzerian, victim mentality, creating space for relationships, how mindset can anti-age you, Tom Brady and Gisele Bundchen’s relationship, the Ukraine war and WWIII, and first world problems.
Connect with Michael on Instagram: @michaelsartain
Level up with Men of Action: https://www.moamentoring.com/
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich and Thach Nguyen reveal the biggest real estate cashflow games to invest in for 2024, where they are getting deals, and a breakdown of how to buy real estate deals in markets like San Diego and Seattle.
Connect with Thach on Instagram: @thachnguyen
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode of the Saturday Edition, Rich and Alex start off by talking about the June Yacht Meet-up and how true commitment is when alternatives no longer exist. Lastly, they analyze Rich’s experience getting into real estate, investing in themselves, creating accountability, and how life rewards those that go all in.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
This is a highlight of Episode 197 with Brandon Novak.
On today’s highlight episode, Rich sits down with Brandon Novak – Professional Skateboarder, MTV celebrity, alumnus of the Jackass motion picture series, star of the CKY skateboard video series, and author of the best-selling memoir “Dreamseller.” Brandon has impacted hundreds of thousands of lives through his story of sobriety.
Rich and Brandon share their personal accounts of becoming sober, the benefits they’ve found in doing so, and how listeners can start their journey.
Connect with Brandon on Instagram: @brandon__novak
If you or a loved one are suffering with addiction call or text Brandon at (610) 314-6747
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with Mikey Taylor – Serial entrepreneur and former professional skateboarder. Mikey Taylor is the President and Managing Principal of Commune Capital, a private equity firm that invests in commercial real estate. After a successful 14 year skateboarding career, Mikey began the transition into entrepreneurship and business building, when he recognized an opportunity in the emerging craft beer industry. He utilized his marketing experience from skateboarding to co-found Saint Archer Brewery.
Rich and Mikey start off by discussing the updates to Mikey’s life since they last met, their experiences in the skating world, how Mikey met his wife, Mikey campaign plan to became a city council member in Thousand Oaks, backlash in communities today, the difference between A and C students, and teaching personal finance to students. They then reflect on Rich’s experience with the Big Brother program, developing communication skills, what Mikey’s schedule typically looks like, Mikey’s methods to fundraising through social media, and building trust through long form content.
Lastly, they talk about Mikey’s experiences with real estate investing in California, current market trends, the risks to real estate investing, their recommendations to investing in 2024, Mikey’s favorite real estate locations, cap rates, cashflow vs appreciation, investing in red and blue states, the safest way to invest in real estate, Rich’s experience with real estate in Turkey, Rich’s case for San Diego, their market forecasts and bad policies.
Connect with Mikey on Instagram: @mikeytaylor
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with Brandon Beal – Entrepreneur, Wealth Accumulation Planner, Founder & Owner of Breeze Wealth Management, and Personal Trainer. Brandon's path took an unexpected turn when an injury involving his peroneus muscle ended his NFL dreams. During his rehab, Brandon fully immersed himself in the fitness industry, helping others reach their peak fitness levels as a certified personal trainer. With just $200 to his name, he made a life-changing decision to get his life insurance license. This turned out to be one of the best decisions of his life. In his first two weeks as an insurance advisor, he earned an impressive $16,500 in commissions, setting the stage for a remarkable career. Since September 14, 2023, Brandon has been the owner and founder of Breeze Wealth Management, a firm specializing in wealth accumulation planning and in May alone, they’ve secured and protected over $3M of their cleint’s savings.
Rich and Brandon start off by discussing sports and being competitive, Brandon’s experience with the NFL and Arena Football, what Brandon is doing in the financial space, life insurance strategies, perm life insurance and how it works, and how Disneyland was funded. They then reflect on the death benefit, maximizing cash values, the 401(k) system, and going all in to buy in real estate.
Lastly, they talk about partnerships, finding the right mentor, who Brandon looks up to, the difference between Brandon and his brother, where successful business owners come from, being a master of one, routines and schedules, Kris Krohn, hate comments, annuities and cashflow, and where Brandon would suggest starting in life insurance.
Connect with Brandon on Instagram: @brandonebeal
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode of the Saturday Edition, Rich and Alex start off by talking about recent updates for Somers Capital and the 5 ways that starting a podcast can change your life. Lastly, they analyze Rich’s experiences starting his own podcast, his advice on how to get started, and share an opportunity to join the 7 Figure Creator mastermind group.
Visit the7figurecreator.com to book a free call with our team.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode, Rich sits down with Andrew Greer -- Co-founder of Thomas Strafford Investments, which specializes in the acquisition and re-positioning of undervalued real estate assets. As the Team Lead of Real Estate Pro Team, Andrew oversees a dynamic group of over 30 agents in San Diego's competitive market. A local infill developer, he has extensive experience in single-family, multi-family, and pre-manufactured pocket communities. Actively involved in building custom homes and apartments, he continuously diversifies his investment portfolio. A community leader, Andrew regularly hosts industry events to foster collaboration and knowledge-sharing. His impact was recently celebrated with the "Investor of the Year" award for 2022 by San Diego Real Producers.
Rich and Andrew do a deep dive into how he's using prefab ADU's to build pocket communities, and they give the listeners a full breakdown of the ADU play and why they see it as a huge opportunity in the space right now. They also discuss the changes in local regulations, the ins & outs of the permitting process, and the biggest mistake they see ADU investors making.
Connect with Andrew on Instagram: @realtyentrepreneur
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with James McCabe – Founder and a Managing Partner at The Placement Funds. As an investor, capital raiser, and connector, James has facilitated over $100M for real estate projects in recent years. While James’ funds are primarily focused on Multifamily real estate, they also have diversified interests to include businesses and structured lending.
Rich and James discuss what James was doing before he got into real estate investing, how he started his retirement account fund, and the fact that there's roughly $38 trillion sitting in retirement accounts in the U.S. right now. They dive into Rich's decision to cash out his 401k to get started in real estate investing and if they'd recommend that same strategy for others, the concept of "The Rule of 72 or Einstein's Eighth Wonder of the World", and the dynamics of James working alongside his wife.
They also dive into James' real portfolio and what kind of assets he's buying, how he prefers structuring deals around a hard asset and having some sort of collateral, the benefit of having an asset management arm of your business to be able to pivot quickly as needed, and how they structure their syndications and funds.
Connect with James on Instagram: @_jmccabe_
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with Breanna Fleschner – also known as the Dream House Girl. She's not just a real estate investor, entrepreneur, and property manager, but also a savvy STR interior designer. Bre is the visionary behind the Dream House Vacation Rental Brand, driven by her lifelong love for travel and hospitality. With a focus on high-travel destinations across the US, Bre's mission is clear: to curate a collection of themed instagramable properties tailored to women. Each stay guarantees unforgettable experiences and top-notch service, establishing a trusted brand that women eagerly return to time and time again for a more secure cashflow investment. Bre not only is working on her short term rental portfolio, but using her key principal skill to partner on a retro summer vibe boutique hotel.
Rich and Bre dig into Bre’s expertise in the real estate space, her goal of building up rental properties across the United States, and how she tailors her property designs to specifically target women in heavy travel destinations. Bre dives into the boutique hotel she’s partnering on, some of the value-add features she implements in her projects, what she was doing before she got into real estate investing and how she got to where she is today.
They also discuss growing your business through social media, how she benefited from a piece of content that went viral for her very first property, a couple of SubTo hybrid deals she’s done with Pace Morby and the power of creative financing. Bre shares her experience and advice with the listeners out there looking to get their foot in the door with real estate investing.
Connect with Bre on Instagram: @thedreamhousegirl
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with Brandon Novak – Professional Skateboarder, MTV celebrity, alumnus of the Jackass motion picture series, star of the CKY skateboard video series, and author of the best-selling memoir “Dreamseller.” Brandon gives back by helping people into treatment celebrating 9 years clean and nearly 6 years tobacco free. He relates to millions of people across the US; 1 in 4 to be exact, who are directly affected by addiction in their family. He travels the country as one of the most in-demand addiction keynote speakers, bringing awareness and education to high schools across the nation. Brandon has impacted hundreds of thousands of lives through his story of sobriety.
Rich and Brandon start off by discussing Mikey Taylor and Brandon Turner (the skateboarder), the synchronicity of life events and meeting Tony Hawk, Bucky Lasek and growing up in Baltimore, skateboarding and high intensity workouts, Brandon’s journey into the Jackass movies, Brandon’s worst injury on set, and Brandon share’s an anecdote of stealing a doctor’s script. They then reflect on Brandon’s drug usage, Rich’s journey through a Xanax addiction, Benzo addictions, prescribing drugs to children, and muscle memory.
Lastly, they talk about happiness in growth and progress, the covid pandemic, Brandon’s family history, the power of a smile, Brandon’s anecdote about an abandoned house, how the abnormal becomes the normal, their journey to sobriety, full circle moments, being the best version of ourselves, the confidence that sobriety creates, and realistic ways to become sober.
Connect with Brandon on Instagram: @brandon__novak
If you or a loved one are suffering with addiction call or text Brandon at (610) 314-6747
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with Thach Nguyen – Entrepreneur, Founder of Thach Real Estate Group, Real Estate Broker, Investor, Developer. Thach is the CEO & Founder of Thach Real Estate Group, and principal of Springboard to Wealth. He’s a proud ambassador of the American Dream. During his 30 years in the real estate industry, he has built more than 300+ homes , townhouses, and multifamily units and completed over 100+ flips. Thach and his team have assisted more than 2,500+ families to create their own American Dream of home ownership, ranking him in the Top 1% of all real estate professionals nationwide.
Rich and Thach start off by discussing Thach’s experience in Newport Beach, Thach’s love for Seattle, Thach’s three person team, Thach’s childhood, how Thach went from a valet to a realtor, off market deals and rejections, Thach’s drive and his first deal, passive income, the pathway to $1 billion, and why people don’t get into real estate.
They then reflect on deals on the west coast, Rich’s first property, being bullish on San Diego and Seattle, investing in the midwest, the first deal and excuses not to invest, the best asset class in real estate right now, and the ADU game.
Lastly, they talk about townhomes in Seattle, Rich’s boutique hotel in San Diego, how to get started in real estate in 2024, licensing in San Diego, the new 1033 law in California, affordable housing in the US, renting vs living, cashflow and compounding appreciation, teaching kids the value of money, social media and content creation, short and long form content, when to start making content, the public school system, Thach’s cars, when to jump into real estate, and owning 5 rental properties.
Connect with Thach on Instagram: @thachnguyen
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode of the Saturday Edition, Rich starts off by talking about how he transitioned from a demanding FAA air traffic controller job to a successful entrepreneur, overcoming failures and warnings about real estate risks, founding Somers Capital transformed his life, emphasizing the necessity of hard work, discomfort, and continuous improvement, his most recent change of quitting alcohol enhanced his work ethic, illustrating the importance of sacrifices for growth. Lastly, Rich advises focusing on key goals and aligning activities with these objectives, showcasing resilience and perseverance in his journey.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with Kassidy Warren – Real Estate Investor, Entrepreneur, Consultant and Former W2 Employee. Kassidy quit his job to turn to van life and consulting. In 2015, he started renting out his spare bedroom for $35/night and now has a $12 Million portfolio of properties across 5 states. He’s now a boutique hotel and short term rental investor.
Rich and Kassidy start off by discussing their journey to sobriety, living up to our full potential, Kassidy’s biggest drivers of growth and fitness, daily routines and the first 2 things Rich does when he starts his day.
They then reflect on Kassidy’s career path before real estate investing and how he got his start in real estate, Cashflow Quadrant, Rich’s experiences in Seattle, van life, Kassidy’s first property and the 20% rule, using real estate to buy more real estate, Rich’s advice for re-financing in the boutique hotel space, interest rates, and sunken costs on niche rentals.
Lastly, they talk about forcing appreciation, Kassidy’s first boutique hotel deal in Solvang, Rich’s Boutique Hotel Mastermind, underwriting conservatively, why boutique hotels are the best play in the current real estate market, a new deal that Kassidy is planning to co-partner on, being the pioneer in underwriting, cap rates in the 2020s, 10 year hold periods, Kassidy’s experience in Rich’s mastermind, the law of the first deal, and where the growth happens.
Connect with Kassidy on Instagram: @qkassidyw
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with Jason Drees – Entrepreneur, Coach, Founder and CEO of Jason Drees Coaching, Author of “Do The Impossible,” Host of the podcast show “Do the Impossible.” In August of 2020, Jason Drees Coaching was just him. He had a 1 on 1 coaching business supporting people like Brandon Turner and countless other high net worth individuals around the world. Fast forward 4 months, Jason’s business grew revenue by 10x in 120 days. Fast forward a year, his business is on pace to 3x revenue from his all time high. His coaching company is now 30+ people, and he’s been featured on NBC, CBS, Fox, Bigger Pockets, Gobundance, and Better Life.
Rich and Jason start off by discussing Rich’s new tattoo piece, why mindset is everything, why being successful can be lonely, the basic components of success, how to take action, Rich’s top 2 qualities he looks for in others, the dangers of partnerships, risk tolerance, being aligned with targets, why hard work doesn’t align with success, how to change core mindsets, Possible and Impossible targets, and making mistakes.
They then reflect on choosing the right target, Rich’s next focus and being humble, creating alignment for yourself, outgrowing components of success, bad hires and why culture is the key to success, reframing mindsets, frameshifting and your future self.
Lastly, they talk about identifying their future selves, 5 year goals, uncertainty and the unknown, feedback loops, finding clarity towards your passion, the phases of entrepreneurship, the right time to go all in, the love for the game, and Jason’s foundations to coaching.
Connect with Jason on Instagram: @thejasondrees
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with Jake Rosenthal – Real Estate Investor, Entrepreneur, Founder of Pure Legacies, and Host of the “Life on Your Terms with Jake Rosenthal” podcast. While working full-time in tech sales, he built out a $10M real estate portfolio that enabled him to leave his W2 job at 30 years old. He owns a portfolio of luxury short term rentals in Saint Augustine, Florida, and the Pocono Mountains in Pennsylvania. In addition to real estate, Jake is now expanding his portfolio to include small businesses. Jake is also a “bitcoin bull” and continues to invest discretionary income into bitcoin, believing that it will continue to be of the best asset classes to invest in over the coming decades.
Rich and Jake start off by discussing Jake’s background in real estate, Jake’s goal to franchise through gobundance, circuit training at gyms, price breakdowns of owning gyms, Jake’s goals with franchise gyms, and the best real estate locations in San Diego. They then reflect on how gyms have evolved, Jake’s experience with restoration companies, insurance companies, Jake’s start in tech sales, how Jake got his first million, and why Bitcoin is a great buy. Lastly, they talk about Jake’s fiancée, Jake’s real estate portfolio, Jake’s new podcast, leaving W2 jobs, and fitness routines.
Connect with Jake on Instagram: @jake.r.rosenthal
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with Avery Carl – Real Estate Investor, Author of Amazon’s best-seller “Short Term Rental, Long Term Wealth,” Host of “The Short Term Show” Podcast, and CEO of The Short Term Shop. Avery’s company has connected investors with over 5,000 cash-flowing short-term rental properties since 2018. Avery went from a $37,000 salary to a real estate portfolio of over 220 doors in 5 years through strategically investing in short-term and vacation rentals.
Rich and Avery start off by discussing connecting for the first time, transitioning neighborhoods and 1031 exchanges, how Avery met her husband, how she went from playing music in dive bars to investing in real estate, and why Avery and Rich stopped drinking.
They then reflect on the opportunity for growth in San Diego, undesirable markets and cap rates, how Avery’s real estate strategy has shifted in the last few years, property damage and insurance claims, and the fundamentals of real estate.
Lastly, they talk about pent up demand in the market, how to get into real estate investing, transitioning into boutique hotels, buying real estate with your partner, what Avery is looking forward to in 2024, and Avery’s advice for new investors.
Connect with Avery on Instagram: @theshorttermshop
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with Amanda Han – Real Estate CPA, Tax Strategist, and Managing Director of Keystone CPA. CPA by day and real estate investor by night, Amanda Han is a tax expert who helps entrepreneurs and real estate investors save money. When she’s not busy helping others with their taxes, she’s looking into the numbers to help leverage her own real estate portfolio. She’s been featured on Money Magazine, Google, and Forbes.
Rich and Amanda start off by discussing the podcast voice, the times that are most fulfilling in business, connecting with Karlton Dennis and Bethany LaFlam, Weezer, yacht parties, 506b and 506c syndications, what you need to scale up deals, international interest rates, using debt to create tax benefits, cashflow and hold periods, lazy 1031 exchanges, and finding the right CPA.
They then reflect on 100% bonus depreciation and current politics, the IRS and syndication returns, the CPA pay scale working for the government, the step up tax basis, the disconnect of passing down wealth, what happens when you’re audited, and cost segregation studies.
Lastly, they talk about down payments and roll overs, Amanda’s advice for Rich’s companies and properties, Yachts, Code section 179 and exotic car clubs, STR Tax loopholes, and taxing unrealized gains.
Connect with Amanda on Instagram: @amanda_han_cpa
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode, Rich and Alex discuss Rich’s reasons for not drinking anymore, the advantages of podcasting and meetups, why people are afraid to post content, and the 5 reasons why content is important. Lastly, Rich announces a new content mastermind, The 7 Figure Creator, starting in June!
Visit the7figurecreator.com to book a free call with our team.
Editor's note: Rich's reference was to Episode 96 of the podcast - "How to start a meetup"
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with Brian Luebben – Entrepreneur, Podcaster, Author, Coach. Brian left his corporate life, where he made it to #8 out 5072 in a Fortune 500 Sales organization, to travel full time around the world. He’s built two 7 Figure Companies and has fully replaced in $20k/month income from his w2 through cash-flowing real estate. Brian’s #1 Amazon Bestselling Book, “From Passive to Passionate”, has been featured in The New York Times, Wall Street Journal, and Publishers Weekly.
Rich and Brian start off by discussing traveling to Columbia, financial freedom, what Brian’s sales job looked like before he left, Rich’s experience as an air traffic controller, the power of podcasting, the WAMM method, building your first $1000/month in passive income, the 3 levels of clarity, starting with the where and ending with the how, being selfish, the enthusiastic beginner vs the grizzled educator, the secret sauce to podcasting, and what the algorithm exists for.
They then reflect on making content over the last few years, shamelessly promoting yourself, the fear of upsetting others, defining financial freedom, what makes for an entrepreneur, passionate income, relying on income, Rich’s takeaways on his break from alcohol, and the two different seasons of life to pivot between.
Lastly, they talk about the perfect Tuesday, drinking to have fun, online courses and why they don’t work, tracking engagement, how Brian built his community, building businesses based on feedback with just 3 steps, how Brian made $100,000 in 24 hours while vacationing in Brazil, the abundance mindset, pricing out masterminds, Brian’s hosted retreats, renting out boutique hotels, Rich’s mastermind retreats, building teams and helping others, 10/10 moments, documenting through podcasting, why Brian is choosing to invest in boutique hotels, the Walt Disney business method, podcasting 5 days a week, why people listen to podcasts, reposting content, and traveling this summer.
Connect with Brian on Instagram: @brianluebben
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with Oliver Graf – Entrepreneur, Speaker, Real Estate Investor, and Consultant. Oliver is the Co-Founder & President of Big Block Realty - recognized as one of the fastest growing brokerages in the country. He’s also the host of the Founders Club Podcast, the Co-founder of Closing Table - a high-level real estate mastermind, along with Sam Khorramian and Roland Frasier, the Manager and Co-creator of Real Closers, the 2nd largest Facebook group for realtors, has $10+ Billion in real estate sales, and a husband and father to two sons.
Rich and Oliver start off by discussing meeting back in college, catching up at Beers & Deals, 125% loan-to-value second mortgages, Rich’s first property he ever bought, a deep dive on short sales, short sale periods, the 2009 financial crisis, and the current rate environment and rate normalization.
They then reflect on Rich’s first piece of investment real estate, the San Diego market, Oliver’s first deal in Arizona, what two thing’s Rich needs in order to buy a new deal, adding value, the rent-by-the-room model, where the idea for Big Block Realty came from, concierge services in 2011, how many agents Big Block Realty has hired, the franchise model, the benefits of masterminds, Kent Clothier, the first steps to franchising, and why agents don’t buy real estate.
Lastly, they talk about the benefits of marrying a realtor, encouraging everyone to buy real estate, why partnerships are tough, CSU San Marcos, college fraternities, what Oliver is looking forward to, where realtors business comes from, and why consistency is key in all aspects of life.
Connect with Oliver on Instagram: @OliverGraf360
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich is joined by James McCabe – Entrepreneur, Investor, Founder of The Placement Funds, and Podcast Host of “A Million Ways to Make a Million Bucks.” As an investor, capital raiser, and connector, James has facilitated over $100M for real estate projects in recent years. While James’ funds are primarily focused on Multifamily real estate they also have diversified interests to include businesses and structured lending. James also host the Podcast A Million Ways to Make a Million Bucks.
Rich and James start off by discussing the benefits of having a fund vs a syndication, as well as accredited and non-accredited investors. They then analyze the 80-20 rule of raising capital and providing value outside of the deal. Lastly, they talk about the value of podcasting and social media, the people that invest in the first deal, and who may not be a great fit to invest.
Connect with James on Instagram: @_jmccabe_
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with Ruben Kanya – Mid-Term Rental Specialist & Investor, Co-Founder of Invested Escapes, Podcast Host of The Real Estate Experiment, and Author of Hospitable Hosts. Ruben helps real estate investors 3x their returns without changing or disrupting their existing short-term rental operation by adding the mid-term rental insurance strategy. Ruben owns half a dozen properties between Atlanta and Cape Cod, Massachusetts, and also controls more than 30 properties within his nationwide network — where he and his team have brokered and/or co-hosted mid-term rental insurance contracts for other investors.
Rich and Ruben start off by discussing Ruben’s takeaways from Jesse Vasquez’s mid-term rental conference, the benefits of real estate and mid-term rentals, the real estate market in Georgia, leveraging real estate, Codie Sanchez, the negotiation of equity, and the baby boomer business opportunities.
They then reflect on defining mid term rentals, Ruben’s negotiations with insurance companies, relocation and staffing agencies, hybrid modeling mid-term rentals, the issues that Ruben is solving in this community, the average premiums of mid-term rentals. insurance companies and public adjusters, what mid-term rentals rent for, and adding fees to reoccurring revenue.
Lastly, they talk about arbitraging, the biggest risks to mid-term rentals, corporate housing, depreciating cashflow, how to get started in mid-term rentals, the best places to list, how to list mid-term rentals on Airbnb, Ruben’s mastermind, Mike Sjogren, Ruben’s trip to the west coast, Ruben’s inspiration, and the benefits of podcasting.
Connect with Ruben on Instagram: @therealestateexperiment
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode, Rich sits down with Golden Tate - Former Wide Receiver for the Seattle Seahawks, Detroit Lions, Philadelphia Eagles, and New York Giants, Center Fielder for the Port Angeles Lefties, Husband, and Father. Golden, originally from Nashville, Tennessee, is a former NFL wide receiver and multi-sport athlete known for his exceptional talent and versatility. Tate's journey to professional sports began at the University of Notre Dame, where he excelled both on the football field and the baseball diamond. Tate became the first-ever Biletnikoff Award winner from Notre Dame. He was drafted twice for MLB, but ultimately chose the NFL and was drafted by the Seattle Seahawks in the 2nd round, 60th overall pick, in the 2010. During his four-year tenure with the Seahawks, Tate played a pivotal role in the team's victory at Super Bowl 48.
Tate earned numerous accolades, including a Pro Bowl selection in a standout season where he recorded an impressive 99 catches for over 1,330 yards. For 5 seasons from 2015-2019, Tate held the YAC King title throughout the NFL with 1,003 yards after the catch, (nearly doubling Larry Fitzgerald’s 674 YAC, in 2nd place). His peers recognized his talent and contributions, voting him as one of the NFL's Top 100 Players in 2015.
Rich and Golden start off by discussing Golden’s love for football and baseball, playing football and baseball at Notre Dame, getting drafted by the Arizona Diamondbacks and the San Francisco Giants, balancing sports and social life, comparing athletes now to 10 years ago, managing distractions, Golden’s wife Elise, David Goggins and mental toughness, never being satisfied with where you are, the transition into retirement for athletes, and the difficulty of being a wide receiver.
They then reflect on living in San Diego, Drew Brees, Golden’s experience playing ping pong, going pro in pickleball, Golden’s famous Hail Mary catch against the Packers, maximizing opportunities, Golden’s experience at the Super Bowl, his experience playing for the Detroit Lions and the New York Giants, negotiating contracts, why Golden left the Seahawks, and the fallout between Golden and Russell Wilson.
Lastly, they talk about Manti Te’o’s catfish story, where hate comes from, who makes for the best leaders, why life is all about perspective, Grant Cardone and pride, humility, Golden’s relationship to religion, accountability, athlete contracts and what agents make, Ohtani’s contract with the Dodgers, where money really goes for athletes, BYLT, flying private jets, investing in real estate through Avatar, and America’s best kept secret.
Connect with Golden on Instagram: @showtimetate
Book a free call with Prime Corporate Services to create a business strategy primecorporateservices.com/richsomers
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich joins DJ Young on his podcast - Conversations with DJ Young. DJ grew up in Burriana, Spain and played played junior tennis competitively from ages 4 to 16. He was first introduced to pickleball at age 18 by his dad and has won numerous pickleball accolades since turning pro, including the World Pickleball Championships, MLP Season 2 Newport Beach (Ranchers), and a PPA silver medal in men’s doubles.
Rich and DJ start off by discussing how Rich got into real estate investing, the risks to jumping into doing real estate, ending partnerships and risk tolerance, Rich’s plan for the future, what advice Rich has for new investors, the easiest way to become a millionaire, and calculated risks.
They then reflect on the dedication it takes to see results, Alex Hormozi, maximizing productivity during the day, Rich’s daily schedule, why Rich tucks his ears into his hat, Fast Lane Drive, Rich’s affiliate partnership with BYLT, Rich’s book recommendations, and the people Rich looks up to the most.Lastly, they talk about building communities, action takers, Connor McGregor & Golden Tate, why Rich predominately hires women, where the opportunities are, the 80-20 rule, and their next pickleball session.
Connect with DJ on Instagram: @djyoungpb
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase.
Book a free call with Prime Corporate Services to create a business strategy primecorporateservices.com/richsomers
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode Rich sits down with Kenny Simpson - Mortgage Broker, Entrepreneur, and Co-host of the Get in the Cashflow Game podcast. Kenny has been in the mortgage broker game for 20 years, has funded over $1.5 Billion in loans and helped 5000+ clients. He used to manage several multifamily properties (properties with upwards of 2000 units,) but sold them and now focuses his time strictly on the mortgage business, his wife and 2 girls, and his podcast. He also personal owns 50+ units with a net cashflow of $350K.
**Rich and Kenny start off by discussing meeting initially, Rich’s first time speaking, what Kenny has been up to since they first met, the current rate environment, Kenny’s analysis of the current rates, credit card delinquencies, the potential for rate cuts, who is buying deals right now, why Rich and Kenny are bullish on San Diego, who’s buying homes in San Diego, Kenny’s portfolio, becoming the biggest influencer in mortgages, and the endless opportunities in real estate.
They then reflect on Kenny’s brokerage system, Fannie Freddie Loans, pricing for Non-QM Products, DSCR Loans, maximizing leverage with Non-QM loans, appraisals, ADUs, several properties that Rich is currently looking at, and the Pacific Beach market.**
Lastly, they talk about commercial real estate, the value of relationships, Ryan Serhant, relationships over transactions, standing out to lenders, where Kenny sees the rate environment going in the next year, whether we’ll ever see 3% rates, Grant Cardone, how the fed has locked out buyers, which neighborhoods Kenny is bullish on in San Diego, Little Italy, and how Hotel Zindel is doing.
**Connect with Kenny on Instagram: @kennybsimpson
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase
Book a free call with Prime Corporate Services to create a business strategy primecorporateservices.com/richsomers**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode Rich sits down with Soli Cayetano - Real Estate Investor, Entrepreneur, and Founder of Out Of State Investor Academy. Soli is a 26 year old investor located in the Bay Area, CA with a portfolio of properties in Ohio, Georgia, and soon to be Palm Springs, CA. In her first 4 years of investing she’s built a $10M portfolio including 45 rentals and a 64 unit multifamily syndication. She started investing using long term and mid term rental strategies and is now expanding into the boutique hotel space to create unique experiences. In 2023 she founded Out of State Investor Academy which has helped hundreds of investors learn how to build cash flow in more affordable markets across the country.
Rich and Soli start off by discussing initially meeting, coordinating yacht meetups, Rich’s first deal, Soli’s experience speaking at the Mid Term Rental Summit, how to raise private capital, the BRRRR strategy, Rich’s first boutique hotel, Soli’s experience as a commercial real estate broker, how Soli got into real estate investing, the opportunities afforded by real estate investing, how Rich got into real estate investing, the price range that Soli buys in, Cincinnati, Georgia, Soli’s first boutique hotel, geodomes, finding the right market, learning experiences, and getting what you asked for.
They then reflect on the Palm Springs market, nude resorts, sending in credibility stacks, pushing ourselves outside our comfort zone, adding tremendous value to properties, cosmetic changes, the importance of wellness, modernism in Palm Springs, Soli’s new community, mastermind retreats, Jesse Vasquez, and Rich’s new idea for a San Diego conference.
Lastly, they talk about posting daily content, the changing algorithm, Alex Hormozi, the differences between platforms, viral content and the value of a good hook, TRT, and whether everyone should be posting social media content.
Connect with Soli on Instagram: @lattes.and.leases
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode Rich sits down with Vanessa Alfaro - Entrepreneur, Real Estate Investor, Founder of Venus Capital and LunaX.AI, Multifamily Syndicator, and Author of “10 paths.” Born in Venezuela, Vanessa founded Absot Marketing at 22, which quickly grew into a leading BTL firm. Expanding to Panama, she co-founded Octametro, hitting 7 figures in a year and earning the title “Woman of the Year.” Later, in Los Angeles, she co-established the top Hispanic content provider, Autoproyecto. Her real estate investment firm, Venus Capital, has earned $50M AUM in only three years under her leadership. She’s also a mother of 5 children.
**Rich and Vanessa start off by discussing meeting at Tyler Deveraux’s conference, Vanessa’s first company, her experiences growing up in Venezuela, Jack McColl, entrepreneurial spirit, Rich’s experience traveling the world, and the dangers of living in the US.
They then reflect on the homelessness issues in the US, Vanessa’s experience with Invisible People and other non-profit organizations, Gavin Newsom’s $5 Billion deal to handle homelessness, how Vanessa met Jack Dorsey, Vanessa’s experience living in Panama, and utilizing AI in real estate investing and business.**
Lastly, they talk about competing with other businesses utilizing AI, Artificial General Intelligence (AGI), super humans, Neuralink and Elon Musk, predictive personality tests and it’s uses in business,, SpaceX, utilizing AI with social media, how to use AI to underwrite deals, communicating with clients and friends, low and high risk entrepreneurs, Vanessa’s AI course, how Vanessa juggles running 3 companies and raising 5 children, and leveraging children and entrepreneurship.
**Connect with Vanessa on Instagram: @vanessavenuscapital
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode Rich sits down with Eric Nelson - Entrepreneur, Real Estate Investor, Founding Partner of Wild Oak Capital, and Host of “The Real Estate Mindset” Podcast. Eric Nelson is from southwest Colorado and received a degree in Civil Engineering from Colorado State University. He is the principal of Wild Oak Capital and is actively syndicating multifamily properties. He has been investing in real estate for over 10 years, and currently has over 650 units under management, with a team or with his wife.
Rich and Eric start off by discussing the challenges of multifamily investing, Michael Blank, living off of acquisition fees, Robert Martinez’s 2023 foreclosure, what killed deals during the COVID-19 pandemic, Rich’s multifamily portfolio, debt assumptions, the benefits of over-communicating in real estate, and why asset management is important.
They then reflect on why Rich is bullish on Multifamily, struggling asset classes, analysis paralysis, doing the reps and shortcutting the path to success, Eric’s new deal in Texas with Eric Chadderdon, what Eric is doing today to respond to cap rates, Eric’s portfolio, seller carries, and the cost of capital.
Lastly, they talk about private debt funds, raising capital through 401k funds, transitioning funds from 506b to 506c, Bethany LaFlam, Eric’s first multifamily deal, Rich’s first boutique hotel deal, and Eric’s search criteria for finding multifamily deals.
Connect with Eric on Instagram: @wildoakcapital
Visit BYLTBasics.com **and use code “Somers20” at checkout for 20% on your next purchase
Book a free call with Prime Corporate Services to create a business strategy primecorporateservices.com/richsomers**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
**On today’s episode Rich sits down with Savannah Arroyo “The Networth Nurse” - Entrepreneur, Real Estate Investor, Part-time Nurse, CEO & Founder of Networth Nurse, Author, and Coach. Savannah has worked as a Registered Nurse for over ten years, with extensive experience in leadership and healthcare administration. Through her personal brand, Networth Nurse, Savannah has helped hundreds of nurses with their finances. With an emphasis on education, Savannah leveraged her brand to purchase over $15M of real estate, partnering primarily with healthcare professionals to scale her portfolio. Eager to address financial literacy for the entire healthcare community, Savannah sought to expand her efforts by creating InvestHealth, a Financial Health Benefit for Healthcare Companies.
Rich and Savannah start off by discussing meeting on Rich’s old podcast and what Savannah has been doing since, investing in startups, being passionate about the healthcare community, what it was like working in healthcare during the COVID-19 pandemic, Savannah’s work history as a nurse, Savannah’s real estate portfolio, the current market rate environment, thinking long term, and where Savannah sees opportunity in Oregon.
They then reflect on Savannah’s search criteria for deals, seller financing and loan servicing, Savannah’s startup - InvestHealth, financial literacy, paying off student loans, connecting Savannah’s company to healthcare companies, in-person speaking events, and active vs passive investing.
Lastly, they talk about the opportunity of investing with retirement funds, the opportunities of the tech space, the CARES Act, education and automation in real estate, withdrawing money from 401ks, Forex Trading, Savannah’s real estate portfolio, what she’s looking forward to in 2024, and celebrating financial freedom.
Connect with Savannah on Instagram: @thenetworthnurse
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase
Book a free call with Prime Corporate Services to create a business strategy primecorporateservices.com/richsomers**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich is joined by Savannah Arroyo, “The Networth Nurse”. Rich and Savannah start off by talking about their transformation from normal W2 employees to real estate investors. They then analyze useful literature, podcasts, and techniques that helped them live the life they wanted to live, utilizing the “5-9” approach after normal work hours, finding their “whys,” affording themselves the grace to make mistakes, and how they increased their productivity when they got started.
Connect with Savannah on Instagram: @thenetworthnurse
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode Rich sits down with Jack McColl “The King of Debt” - Entrepreneur, Founder of Credit Stacking, and Business Credit Coach. Jack, better known as “The King of Debt,” has been featured on Market Watch, Disrupt Magazine, Yahoo Finance, and Forbes. He is a self-made mogul who went from having zero dollars in business credit to being approved for $500,000 in a little more than a year. Jack has mentored thousands of entrepreneurs, helping them get access to hundreds of thousands of dollars of 0% interest capital to start, scale, and finance their businesses.
Rich and Jack start off by discussing Jack’s first episode with Rich (Episode 68), Jack’s 5 week trip to South America, Columbia and kitesurfing, skydiving in Venezuela, Jack’s passion for sports and hobbies, Jack’s favorite automated business services, optimizing business, and Jack joining the 800 club for testosterone levels and credit scores.
They then reflect on their favorite exercises, the importance of physical fitness, what it’s like showering on planes, comparing first class airlines, accumulating credit card points at different banks, Jack’s experience helping clients secure $150,000 0% interest business credit, the AmEx Business Gold and Platinum cards, and the Wells Fargo’s Autograph Journey Card.
Lastly, they talk about buying assets with business credit, the AmEx business card pros and cons, which cards Jack recommends using, the Bilt Credit Card, tools to keep track of debt payments, the Wheels Up AmEx Travel experience, Private Jets, Set Jet, Elon Musk’s Starlink Satellites, Jack’s big move to Utah, Rich’s experience as a pilot, and Kris Krohn.
Connect with Jack on Instagram: @jackmccoll
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode Rich sits down with Dr. Alex Roher, MD - Entrepreneur, Board Certified Anesthesiologist, Nose Filler Specialist, and Owner/Medical Director of SD Botox and Weight Loss Shots. Dr. Roher realized that he wasn’t as fulfilled by his work as he could be. Anesthesia was rewarding, but it didn’t fulfill his artistic side. So to satisfy his creative yearning, he started doing Botox and dermal filler on his wife, and then her friends, and then her friend’s friends. As the business grew, he decided to change the course of his career and pursue a path that could help patients transform their lives for the better through aesthetics.
This vision came to fruition with the opening of SDBotox in 2013. Since then, Dr. Roher has grown his business to become one of the most sought-after medical aesthetic clinics in San Diego. Throughout the years, he has introduced several groundbreaking procedures to his patients in San Diego. He’s helped thousands achieve incredible results, which keeps them coming back time and time again for all of their cosmetic needs.
**Rich and Dr. Roher start off by discussing how Dr. Roher got his start in Botox, leaving anesthesiology behind, the pros and cons of using Botox, Rich’s experience with Botox, the mindset of entrepreneurship, Dr. Roher’s impact on the San Diego community, what his business provides to clients, tattoo and hair removal, the best dosage for Botox, the history of botox, the various usage of Botox, lip and eye fillers, and the importance of moderation.
They then reflect on the therapeutic nature of Botox, Botox dosages, the botox family, Dr. Roher’s experience with COVID, generational reactions to Botox, taking care of ourselves, the healthcare system, Ozempic and how it relates to diabetes, the pros and cons to Ozempic, Uber Eats, Dr. Roher’s 7 day water fast, when we should start taking Ozempic, Dr. Roher’s business modeling, the history of Ozempic, the pharmaceutical industry, and why everyone hates insurance companies.**
Lastly, they talk about real estate insurance, hormone replacement, testosterone injections in men and women, Dr. Roher’s experience with testosterone, the pros and cons of injecting testosterone, and nose fillers.
**Connect with Alex on Instagram: @dralexnosebest
Visit grovescapital.com/richsomers to receive a $2,500 credit on closing costs or appraisals**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich and Alex start off by talking about the Somers Capital yearly yacht meetups, which begin on May 11th. They then analyze the pros and cons of online dating, proper dating etiquette, and share some of their own first date stories.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode Rich sits down with Lauren Fisher - 8x CrossFit Games athlete, real estate investor, and founder of Grown Strong, an online fitness community for women. When she’s not busy training, competing, or hosting fitness retreats, she enjoys learning about & investing in real estate with her husband and family.
Rich and Lauren start off by discussing working out at Compound (a San Diego fitness complex), Lauren’s new team, Lauren’s workout routine, a deep dive of CrossFit exercises, Rich’s workout routine, the benefits of lifting, how Lauren got into weightlifting and CrossFit, the importance of real estate investing, what it takes to be an elite athlete, coaching in CrossFit and real estate, and testing testosterone levels for athletes.
They then reflect on women bodybuilders, professional pickleball, natural supplements, misconceptions in CrossFit and weightlifting, transitioning athletes, planning mastermind and fitness retreats across the world, and returning members to retreats
Lastly, they talk about destination spots, wine tasting across the world, Lauren and her husbands new property in Denmark, airbnb restrictions, the rate environment, why Rich is bullish on San Diego, and Lauren’s PRs in Crossfit.
Connect with Lauren on Instagram: @laurenfisher
Join Lauren’s Fitness Retreat Community: https://retreats.grownstrong.com/ Book a free call with Prime Corporate Services to create a business strategy primecorporateservices.com/richsomers
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode Rich sits down with Michael Chang - Entrepreneur, Real Estate Investor, and co-Founder and partner at Trustbnb Vacation Rentals and Trustbnb Capital. Based in New York, Michael owns and operates a portfolio of short term rentals in Philadelphia, PA and the Smoky Mountains, TN. Prior to building Trustbnb, Michael was a New York City-based investment banker, who spent over a decade at Citigroup, Merrill Lynch, and Jefferies advising public companies, private equity firms, family offices, and venture capitalists. He has advised and executed over $40 billion in transaction value across 52 deals in his career.
Rich and Michael start off by discussing Manhattan, Wolfgang’s Steakhouse, Michael’s favorite sushi restaurant in New York, Brian Malarkey, Rich’s fourth boutique hotel closed, Michael’s portfolio, rental arbitrage, multifamily acquisition, the importance to investing into larger apartment buildings, the process to taking on large multifamily arbitrage deals, and looking for the right buildings to arbitrage in.
They then reflect on the biggest risks to the arbitrage model, Rich’s arbitrage deals across the US, the best markets to arbitrage in, what Michael recommends doing to start in arbitraging, Michael’s team layout, overseas virtual assistants, tracking KPIs, the CEO mindset, and buying in the Smokys.
Lastly, they talk about moving equity, buying conservatively, the current rate environment, cost segregation studies, picking the right accountant, Michael’s under-the-radar potential new market, what Michael’s the most excited about in the coming year, where happiness stems from, the perks of financial freedom, and how entrepreneurship is a little like thanksgiving.
**Connect with Michael on Instagram: @michaelchangbnb
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase
Visit grovescapital.com/richsomers to receive a $2,500 credit on closing costs or appraisals**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich starts off by talking about a several deal updates for the Somers Capital Mastermind. Rich then analyzes the journey he and his team have gone on as they closed on a 44 unit boutique hotel in Sonoma Coast, negotiations with the seller, the full pricing of the deal, a few mishaps that happened along the way, and how navigate through potential issues.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode Rich sits down with Eric Chadderdon - Entrepreneur, Multifamily Real Estate Investor, Co-Founder of Gibby’s Capital Investments, and a Wall Street Journal and USA Today Best Selling Author. Eric is headquartered in Houston, Texas and primarily focuses on Multifamily Acquisitions. He made the transition full time to multi-family real estate back in 2021 from direct sales and management.
In the last three and a half years, Eric has gone from 0-2043 doors as a General Partner, owning just over $260MM of Multifamily Real Estate. He’s been a guest on several podcasts, has articles written about him in both Yahoo Finance and the New York Weekly, is a Wall Street Journal and USA Today Best Selling Author for his book “All In,” and has been invited to speak at multifamily conferences across the nation.
Rich and Eric start off by discussing how they first connected in Orlando at Peak Partnership 2024 (an event hosted by Tyler Deveraux), meeting Tyler Deveraux, how Eric got started in real estate, learning from bad investments, Eric’s first property - a 220 unit multifamily property, partnering with mentors, Eric’s second property in Houston, the interest rate market, and Robert Martinez’s foreclosure.
They then reflect on their experiences with bridge lenders, raising capital for deals in a pinch, a deal that Somers Capital is going to be a co-GP on, where Eric got engaged, analysis paralysis, being a sole GP, in house property management vs third party management, what Eric recommends for the first deal, growing active communities, what Eric is focused on in 2024, and delayed gratification.
Lastly, they talk about learning how to raise money, the fear of the unknown and pushing through adversity, diet and fitness, starting with momentum, Lauren Fisher, the difference between success and failure, providing value to others, Rich’s experience with podcasting, the benefits of podcasting, Joe Rogan, and real estate meetups.
**Connect with Eric on Instagram: @eric_chadderdon
Book a free call with Prime Corporate Services to create a business strategy primecorporateservices.com/richsomers Visit grovescapital.com/richsomers to receive a $2,500 credit on closing costs or appraisals**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
**On today’s episode Rich sits down with David Pere - Entrepreneur, Real Estate Investor, Podcast Host, Author, Public Speaker, and Financially Free Marine. Dave is a 13-year Marine Corps veteran. In 2015, he purchased his first real estate investment– a duplex he house hacked, and then went all in on real estate. In 5 years he went from a negative net worth, to a millionaire with 100+ rental units, and was able to transition off active duty to work for himself. He’s written two books now about building wealth while serving, and has a community of 60,000+ Military Millionaires.
Rich and Dave start off by discussing Rich’s Beers & Deal Meetup, Dave being able to exit the Marine Corps in December of 2023, Dave’s experience as a convoy truck driver, military pensions, why there’s no guarantee with pensions, the worst case scenario, Springfield, MO, Dave’s portfolio in Missouri, Dave’s new property in Tennessee, boutique hotels, increasing efficiency, and Patel Hotel Motels.
They then reflect on Dave’s portfolio in RV parks and boutique hotels, how Dave got started, the power of a brand, Connor McGregor and Road House, Dave’s experience renting on Turo, Fast Lane Drive, Rich’s G-Wagon, no money down loans and VA loans, barndominiums, living in places to entertain, Dave’s experience with social media, Dave’s Mastermind: The War Room, Rich and Dave’s biggest takeaway from getting into real estate, financial freedom, sleep schedules, and the highest and best use of Dave’s time.
Lastly, they talk about what Dave is most excited about for 2024, micro and macro-dosing, and prioritizing family.
Connect with David on Instagram: @frommilitarytomillionaire**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich is joined by co-host Mike Tighe to answer the top question of the week that was sent in by our listeners.
Rich and Mike start by talking about being able to co-host on a pod again. They then analyze no money down mortgages, VA loans, how both Mike and Rich got started with no money down loans, Mike’s portfolio, closing costs and agreements on terms, Rich’s portfolio, buying stocks, closing on properties with ADUs, why Rich was able to quit his job, capital gains taxes, and listening to experts and doing your own research.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
Connect with Mike on Instagram: @miketighe_
Visit grovescapital.com/richsomers to receive a $2,500 credit on closing costs or appraisals
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today’s episode Rich sits down with Mike Tighe - Entrepreneur, Real Estate Investor, Author, Private Pilot, US Navy Veteran, Former Air Traffic Controller, and co-host of the Real Estate Takeoff Podcast. Mike left his $200,000 salary W2 job and now has over $80 Million in Real Estate, owned or built, and his podcast has over 250,000 downloads. He also happens to be one of Rich’s former partners and is responsible for getting Rich into the real estate game.
Rich and Mike start off by discussing how Mike introduced Rich into real estate, their first joint purchase, the law of reciprocity, why they love the multifamily asset class, why the Indianapolis market has been thriving, what Mike 1031 exchanged his portion of their first deal into, Joshua Tree and Big Bear, buying Airbnbs in 2022, oversaturated markets, the high interest rate market, pivoting into real estate development, why Mike wants to continue in the 30-60 unit build market, why Rich sees opportunity in Boutique Hotels, what Rich’s business coach has taught him, being bullish on San Diego, and the bonus ADU program that Mike utilizes.
They then reflect on Mike’s properties in San Diego, permitting processes and coastal development permits in San Diego, return profiles and quarterly distributions, leap of faith modeling, bridge debt and loan lending, loans-to-purchase and construction debt, not triggering capital gains, refinancing, what Mike is looking to purchase next, the best way to source development deals, buying rundown retail, Andrew Greer’s episode, and why Rich is bullish on San Diego.
Lastly, they talk about what’s next for Mike, business coaches, Hunter Thompson, how to attract capital, networking events, co-GP armies, capital raising, Rich and Mike’s experience beginning in real estate, Mike’s advice for anyone looking to get into real estate, getting around the right groups, why hate never comes from above, the pay-to-play model, Mike’s wedding, and Mike’s biggest takeaways.
**Connect with Mike on Instagram: @miketighe_
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase**
Visit primecorporateservices.com/richsomers to book a free call
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
**This episode is a re-run of Blake Rocha’s original episodes, which aired May 16th and 18th, 2023.
On today’s episode Rich sits down with Blake Rocha - Content Creator, Entrepreneur, Coach, ex-stock trader. Blake is the founder of BNB Profits Program and other 7 figure businesses. He’s only 26 years old and makes $175,000/month in passive income.**
Rich and Blake start off by discussing meeting each other through Mikey Taylor, how Blake got into real estate, teaching audiences about financial freedom, how to effectively build passive income, reducing tax payments, how to get into real estate and finding effective mentors, reverse engineering, Blake’s first real estate deal, and Rich’s first mentors.
They then reflect on Blake’s portfolio, why real estate is the best asset class, Rich’s best performing asset, creating unique wealth-building opportunities, having active income, why 401ks are ineffective in building wealth, constructing business around your lifestyle, the grind-set mentality, the seasons of work, chasing excitement, traveling without itineraries, where happiness stems from, the highs and lows, why Blake loves the journey and being addicted to the game, Alex Hormozi, the only guarantee being death, cutting out negativity and partnerships, and effectively adding value.
**Lastly, they talk about Blake’s airbnb business, being able to retire their parents, Blake’s coaching program, the value of podcasting, why Blake sees value in YouTube, Threads and X (aka Twitter,) growing social media followings, how Blake got into making content, the value of a hook in content creation, documenting the whole process, Ryan Serhant, Pace Morby, the advancement of technology, Blake’s process to creating content, thinking in content, utilizing other content creator’s processes, the value of saves and shares, becoming the expert through reacting, the benefits of rehearing content, hiring content managers, social media posting frequency, being perfectionists, Tai Lopez, playing stupid games, why real estate is evergreen, PPP Loans, and playing long term games.
Connect with Blake on Instagram: @mrfourtoeight**
Visit primecorporateservices.com/richsomers to book a free call
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
**On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners.
Rich and Alex start by talking about their plans for the weekend and daylight savings. They then analyze the importance of buying in high growth markets, Rich’s first multifamily deals, chasing cashflow, what the first deal should look like and the fundamentals to a good deal, where Rich sees potential in the market right now, the importance of appreciation, and Rich shares several tips on what to look for when buying a property.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Christian Osgood – Entrepreneur, CEO of Kenosha Property Management, and COO of Multifamily Strategy. Christian Osgood is a 32-year-old Real Estate Investor with a 200+ unit portfolio of Multifamily and Hospitality properties, based in Washington State and Texas. In 2020, Christian left a 4 year sales career at the Costar group to become a full time investor and with $100,000, utilized creative finance to purchase $24,000,000 in real estate assets.
Rich and Christian start off by discussing what Christian is doing in the multifamily space, the markets that Christian is in, the state of Washington, Gorge Amphitheater, Christian’s start as an investor at age 25, his portfolio of properties (including a 38-plex property that started with a chicken infestation), Rich’s 32-unit multifamily deal in Indianapolis, raising money, Christian’s boutique hotel in Washington, how Rich got into boutique hotels, the self-check in model, self managing properties versus third party management, having a full-time cleaning team on payroll, and why Rich enjoys real estate investing.
They then reflect on taking over multifamily properties, Christian’s experience with running a property management company, using Facebook marketplace to lease out units, decentralized property management, what rent runs for in central Washington, how Christian maintains 100% occupancy, the cash for keys technique, why Washington and California are not landlord friendly states, pickleball, and why Christian broke up his partnership.
Lastly, they talk about not burning bridges, disgruntled partnerships, Christian’s 28-unit mobile home park, Boeing’s influence in Washington, 6-month hotel stays, why Christian won’t change the zoning of one of his properties, what Christian is focused on in 2024, and what’s next after stabilization.
**Connect with Christian on Instagram: @christianosgood
Interested in investing in this opportunity?
Visit somerscapital.com/invest to book a free call with our team.
This offering is for accredited investors only**
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Visit grovescapital.com/richsomers to receive a $2,500 credit on closing costs or appraisals**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
**This episode originally aired April 2020 on Rich’s old podcast “The Multifamily Takeoff”
Grant Cardone is the CEO of Cardone Enterprises and Cardone Capital. Grant owns and operates seven privately held companies and has a real estate portfolio worth over $4 billion.**
The group starts off by discussing Grant’s background growing up in Louisiana, Grant’s first few deals, what initially attracted Grant to Multifamily homes compared to single family, why multifamilies did the best during the pandemic, and the importance of job growth.
They then reflect on the need to scale, maximizing value with deals purchased, why renters want to pay rent, looking at deals during the pandemic, why Grant won’t invest in Wall Street, modeling investing after Warren Buffett, stimulus checks, and where Grant predicted the markets would go after the pandemic.
Lastly, they talk about new money in multifamily, lenders in the pandemic, Grant’s cash reserves, Grant’s vision for his own future, Grant’s Gulfstream 550, Grant’s biggest mistakes he’s made, and his advice to new real estate investors.
**Connect with Grant on Instagram: @GrantCardone
Connect with Mike Tighe on Instagram: @miketighe_**
Connect with Shawn diMartile on Instagram: @shawn_dimartile
Visit grovescapital.com/richsomers to receive a $2,500 credit on closing costs or appraisals
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Ryan Garland – Entrepreneur and Real Estate Investor, Founder and Chairman of Paradyme, Developer and Investment Manager, and Fund Manager. Ryan’s company, Paradyme, is a private equity firm that has been at the forefront of developing innovative investment solutions. Garland started his career in real estate by dealing with Single Family Residences (SFR). During the 2008 recession, he demonstrated his strategic skills by successfully closing over $2 billion of real estate transactions. He focused on distressed assets and "workout turnarounds" in the SFR and commercial sectors, which helped him become a top originator in California. His outstanding performance earned him recognition in the prestigious Top Producer Magazine. Garland oversees a $100M debt fund for 1st Trust Deed bridge loans.
Rich and Ryan start off by discussing first connecting Miami for Ryan’s Mastermind, befriending Jordan Belfort, politics driving migratory patterns, the volatility of the market, private funding, shifting borrower activities, why hard money lenders make so much money, why Ryan will foreclose on properties, networks being your networth, Rich’s Boutique Hotel deal in Washington, why Ryan appreciates Rich’s funneling model, the importance of inviting investors into our families, and live streaming the development of properties.
They then reflect on what it’s like starting a debt fund, the risks in underwriting and debt funds, Ryan’s preferred budget for debt funds, financing boats, why there’s more cash buyers in the market today, car buyers, the PPP loans taken out during the COVID-19 pandemic, Ryan’s experience in 2008 financial crisis, Ryan’s boat, how Ryan ships his boat across country, and what Ryan is doing in the man cave space.
Lastly, they talk about barndominium designs, self storage spaces and financing, where Ryan sees demand for barndominium man caves, why Ryan won’t use airbnb for renting out his barncaves, why everyone hates the HOA, HOA policies, the Lifetime fitness model of reducing HOA costs, Ryan’s real estate projects and wineries, and a deep dive on mezz debt.
Connect with Ryan on Instagram: @ryangarland_paradyme
Visit primecorporateservices.com/richsomers **to book a free call
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
**Rich sits down with DJ Young – Professional Pickleball Player. DJ grew up in Burriana, Spain and played played junior tennis competitively from ages 4 to 16. He was first introduced to Pickleball at age 18 by his dad and has won numerous Pickleball accolades since turning pro, including the World Pickleball Championships, MLP Season 2 Newport Beach (Ranchers), and a PPA silver medal in men’s doubles.
Rich and DJ start off by discussing DJ’s childhood, the benefits of living in San Diego, how Pickleball (PB) got it’s start, the differences between PB leagues, how profitable PB is compared to sports like Tennis, DJ’s daily training routine, how to effectively recover from injuries, and the recent escalation of competition in PB.
They then reflect on DJ’s connection to Tyson McGuffin, Hayden Patriquin, the ideal physicality to play Pickleball, Rich’s favorite things about being an entrepreneur, how Rich met Alex Johnson, what Rich was like before real estate investing, DJ’s idea to create his own podcast, how DJ met and became friends with Golden Tate, the pay scaling of PB, Jokovich’s prize money, the differences between Pickleball and Tennis, famous Tennis players, and the intricacies of PB competitions.
Lastly, they talk about DJ’s future competitions, different competitive strategies in PB, the differences between singles and doubles events, how to get into Professional Pickleball, playing with intent, PB coaching, and the investing opportunities in Pickleball.
Connect with DJ on Instagram: @djyoungpb
Visit grovescapital.com/richsomers to receive a $2,500 credit on closing costs or appraisals**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich joins co-hosts Thomas Castelli and Ryan Carriere on their podcast: Tax Smart Real Estate Investors. This episode originally aired in their feed on February 6th, 2024.
On this episode, they discuss Rich's journey and why he transitioned from multifamily value-add and STRs to boutique hotels, STR regulations and tax strategies, and personal branding tips for real estate investors.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
Connect with Thomas: www.thomascastelli.com
Connect with Ryan: www.linkedin.com/in/ryancarriere
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Alex Camacho – Real Estate Investor, Coach, and Mentor. Alex has a track record of over 150 real estate investment deals in the past five years. His primary focus has been on residential properties in California, and Hawaii, while he also owns a multifamily building in Phoenix, Arizona. Alex has been featured on numerous platforms, including the BiggerPockets Real Estate Podcast (Ep. 418), Wealthy Way Podcast (Ep. 058), and Real Estate Disruptors. He also hosts real estate investing meetups in Los Angeles, attracting over 150 attendees.
Rich and Alex start off by discussing Guadalajara and its culture, what Alex is doing in the real estate space in LA, Palmdale, what Alex is doing in the multi-family space, 1031-exchanges, Rich’s Scottsdale Airbnb, the benefits of Las Vegas, and the Bigger Pockets conference.
They then reflect on Alex’s current passion projects, the benefits to working with virtual assistants, Alex’s experience with hosting meetups in LA, promoting nightclubs in LA, the value of meetups, what Alex is focused on in 2024, why realtors don’t get into investing, how Alex got into Real Estate, how Alex’s family responded to him getting into investing, and how Alex responded to the interest rate hikes in 2022 and 2023.
Lastly, they talk about the rate environment today, wholesaling deals, ADUs in LA county, permanent debt and seller financing, DSDR loans, Rich’s Airbnb properties, why Rich and Alex love San Diego, living in Hawaii, what Alex would’ve done differently getting started, and Alex’s biggest mistake.
Connect with Alex on Instagram: @alexcamachotv
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase.
Visit primecorporateservices.com/richsomers to book a free call.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Simon Keith – Social Entrepreneur, Humanitarian, Philanthropist, and former professional soccer player. Simon received a heart transplant when he was 21 years old and is known as the world’s first heart transplant recipient to play a professional sport. He’s one of the longest-living organ transplant recipients in the world, and had a second transplant in 2019. Today Simon is a successful businessman who is recognized as an expert in the fields of organ donation; C-Suite, Board of Directors, and Management Team development; and entrepreneurship.
In 2012, he founded The Simon Keith Foundation, an organization dedicated to increasing organ donor awareness and educating transplant recipients. He also penned his autobiography, Heart for the Game – with a forward written by 2-time NBA MVP Steve Nash – that details his unique life journey. In the decade since, The Simon Keith Foundation has raised millions of dollars to support kids who have had transplants as well as spread organ donation awareness around the world.
Rich and Simon start off by discussing Las Vegas becoming a huge business hub, Simon’s experience playing professional soccer, the media attention that Simon experienced during his career, what Simon did after he retired from soccer, why athletes succeed as entrepreneurs, competitiveness & the difference between amateurs and professionals, Simon’s experience starting out as an entrepreneur in Las Vegas, going the extra mile in business, Simon’s first and second companies, staffing for stadiums, and Simon’s experience with Don King.
They then reflect on scaling companies and exiting companies, how Simon got into consulting, Simon’s experience doing an ESPN piece in 2011 and how it changed his life, Simon’s foundation and their mission, what Simon will typically speaks about during engagements, what young entrepreneurs need, becoming the best version of one’s self, what we’re most afraid of, taking risks that others won’t take, how entrepreneurs can scale businesses, and the importance of character & building relationships with others.
Lastly, they talk about the importance of choosing the right partner, the key to staying married, Simon’s second heart transplant, what Simon is doing in the consulting game, how Simon determines whether he’ll invest in companies, what Simon is looking forward to in 2024, success in politics, the key to success in business, the fear of failure and success, and our greatest purpose.
Connect with Simon on his website: www.simonkeith.com
Connect to the Simon Keith Foundation: www.thesimonkeithfoundation.com
Visit primecorporateservices.com/richsomers to book a free call
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich is joined by co-host, Alex Camacho, on today’s episode of the Saturday Edition. They answer the top question of the week that was sent in by our listeners.
Rich and Alex reflect on their experiences working with Virtual Assistants (or VAs). They then analyze the many roles that VAs can perform inside a company and where real estate investors can find the best VAs.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
Connect with Alex on Instagram: @alexcamachotv
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Henry Washington – Real Estate Investor, Author, and Co-Host of Bigger Pockets. When Henry married he quickly realized that working 50 hours a week was still not giving him enough income to provide his family with the life they deserve. After a late-night panic attack and some Google searches, Henry found that real estate investing was a powerful tool for building generational wealth. He immediately took action by attending local investor meetups, listening to podcasts, and telling everyone that he was an investor. Henry closed on his first investment property only 90 days later. Now he's 6 years into his real estate investment journey, has over 100 cash-flowing properties, and flips about 20 houses a year.
Rich and Henry start off by discussing how Henry became a host with Bigger Pockets, STR Wealth Con and Nashville, Brandon Turner, how to network correctly, Henry’s other podcast: On The Market, avoiding fearmongers, current interest rates, rate cuts and the current election year, and what Henry’s portfolio looks like right now.
They then reflect on real estate being a people business, how Henry finds deals, radio ads, how Henry got his start in real estate, buying the first deal, the buy and hold strategy, whether one should flip or re-fi and hold properties, what Henry can typically pick up in his market, what working at Bigger Pockets is like, building trust with communities, Henry’s favorite members of Bigger Pockets, what Henry is most excited about in 2024, working with lenders, and what Henry teaches his students.
Lastly, they talk about hiring content managers, the benefits of utilizing social media, Ryan Pineda, different ways to add value, the value of hosting meet ups, successful real estate investors and those who give up, and growth and progress.
Connect with Henry on Instagram: @thehenrywashington
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with David August – Founder, CEO, and Creative Director of David August Clothing and co-partner with Conor McGregor for August McGregor, a luxury lifestyle brand. Since 1989, David August Heil has crafted the finest custom men’s wardrobes for international leaders in business, sports and entertainment, like Tony Robbins, Frank Gehry, Jeff Koons, Sylvester Stallone, Chris Hemsworth, Robert Downey Jr., Lorenzo Fertitta, Warren Buffett, Dave Bautista, Brooks Koepka, Sean McVay, Elon Musk, Louis D'Esposito, Conor McGregor and many others.
Rich and David start off by discussing the gift that David gave to Rich prior to recording, Conor McGregor’s last fight, David’s brother - Duane, how David got into clothing design, David’s first company - David Rickey and Co, what David learned from his first mentor, and what it’s like dressing Calvin Klein.
They then reflect on the importance of personal branding, collaborating with others, how David met Conor McGregor, Dana White, David’s fashion collaboration with Conor McGregor - August McGregor, how August McGregor was announced, Conor’s famous suit, what being viral means, exclusivity in fashion and branding, Conor McGregor’s wardrobe, Conor McGregor’s fight with Floyd Mayweather, the next press tour that David will be on, how fashion has evolved in the last 20 years, and why fashion begins in Europe.
Lastly, they talk about why certain brands are considered more exclusive and luxurious than others, proper jean measurements, what David is looking forward to in 2024, David’s new clothing company, the difference in clothing styles between the east coast and west coast, and making fashion affordable.
Connect with David on Instagram: @davidaugustheil
Check out David August Clothing on Instagram: @davidaugustclothing
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners.
Rich and Alex reflect on their trip to Nashville for STR Wealth Con and the mastermind trip, co-hosted with Investor Girl Britt, in Cabo coming up in a few weeks. They then analyze why Set Jet, a charter airline with a membership-based and by-the-seat private jet program, went out of business. Rich then shares his insights to why real estate is the safest bet to invest in.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Levi Lascsak – Real Estate Agent, Video Creator, and Co-Founder of Living in Dallas Texas, Passive Prospecting, and Passive Productions. Levi and his partner, Travis, made $1 million in their first year marketing their real estate business on Youtube. They surpassed $2.6 Million in the first seven months of their second year. Also an Iraq combat veteran, Levi is a frequent speaker and entrepreneurial expert who has led new companies to seven figures in less than two years.
Rich and Levi start off by discussing Tyler Devereaux, hyper-learning subjects, what building out a successful YouTube channel looks like, what Levi recommends doing to grow on YouTube, Joe Rogan’s method of creating content, searchable content on YouTube, the most searched topics for real estate, titling videos on Youtube, tools to use with YouTube, the importance of a YouTube thumbnail, maximizing key words, and avoiding cross posting between channels.
They then reflect on Levi’s experience as an army veteran, Levi’s experience growing up in Texas, conflicts in the Middle East, changing views after traveling, Levi’s favorite countries to travel to, the Netflix show “Chef’s Table,” Peru and it’s cuisine, Jack McColl and Venezuela, Levi’s experience as a real estate agent, how to effectively have a partnership, generating organic leads, Levi’s tactics to creating content, providing service-based content, why Levi doesn’t look for views or subscriptions, and why the most visible real estate agent wins.
Lastly, they talk about confidence and leveraging the time to make content, TikTok, the different demographics of social media sites, building relationships with viewers, why like attracts like, Tarek El Moussa and his pitch to Rich, Levi’s experience being on HGTV’s House Hunters, whether being on television is worth it, and why all exposure is advantageous.
Connect with Levi on Instagram: @levilascsak
Visit primecorporateservices.com/richsomers to book a free call
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Paul Alex – Entrepreneur, Founder of New American Dream, Former Law Enforcement Officer (LEO), and Author. Paul transitioned from a career as a detective in law enforcement to a serial entrepreneur in the world of digital marking. He’s generated $25+ Million in revenue through ATM ventures since January 2021 and achieved a recent milestone of $1 Million in revenue in his newest venture, MerchantAutomation.com.
Rich and Paul start off by discussing what it’s like being a cop in Oakland, the application process of being an officer, being solution driven, leading by example, transitioning from being a LEO to being an entrepreneur, Facebook ad funnels, the BLM movement, customer service jobs, simplicity equalling success, providing value in content, personal brands, and Alex Hormozi.
They then reflect on how much money would change our lives, being on Instagram, humble beginnings, Paul’s coaching program, what separates out success in entrepreneurship, nurturing client relationships, celebrating wins with clients, why success loves speed, making others successful, building out brands, merchant automation services and credit card fees, and financial freedom.
Lastly, they talk about success in content creation, converting organic followers, Instagram verification, vetting offers, hiring the first salesperson, becoming extroverted, treating employees well, having more options today, and what makes us happy.
Connect with Paul on Instagram: @thepaulalex
Visit grovescapital.com/richsomers to receive a $2,500 credit on closing costs or appraisals
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich is joined by Co-Hosts, Jeff and Daniel Bommarito, on today’s Saturday Edition. They answer the top question of the week that was sent in by our listeners.
Rich and the Bommarito Brothers speak on meeting Ryan Garcia in Miami, planting the seeds of meeting others and what it takes to start your own photography and videography business. They also discuss the differences in camera lenses, finding the right mentors to help you get started, the right equipment to start and finding the path while making the path forward.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
Connect with Jeff Bommarito on Instagram: @jeffbommarito
Connect with Daniel Bommarito on Instagram: @bommaritofineart
Visit grovescapital.com/richsomers to receive a $2,500 credit on closing costs or appraisals
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Eli Facenda – Entrepreneur and Founder of Freedom Travel Systems, which helps other entrepreneurs maximize luxury travel points to unlock bucket list travel experiences. Eli has visited 42 countries in the last 5 years and is able to leverage credit card points to get on average around $100k of luxury travel per year.
Rich and Eli start off by discussing being connected through Jack McColl, travel hacking, millennials as sharers, utilizing credit cards effectively, Eli’s craziest trip that he’s paid for using only points, first class international flights, AmEx’s travel platform & revenue pricing models, Rich’s experience in Buenos Aires, maximizing credit point earnings and credit point values, the tax benefits of using credit card points, the fastest way to get to elite status, which cards Eli recommends for travel, AmEx Gold vs. AmEx Platinum, and the wrong way to use credit card points.
They then reflect on Eli’s company, Karlton Dennis, traveling without an itinerary, the best time to buy an airplane ticket, SetJet, the ROI of flying first class, the most limiting belief to credit card points, airport lounge access, Nectar Island, top tier status, the AmEx Centurion Card, what trips Eli is looking forward to this year, Norway in the summer, Eli’s top 3 cities he’s been to.
Lastly, they talk about Budapest, Ireland, Turkey, David August, Eli’s trip to Uganda, and the best way to go on a safari trip.
Connect with Eli on Instagram: @elitravelguy
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase.
Visit primecorporateservices.com/richsomers to book a free call
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
This episode is a re-run of Mikey Taylor's original episodes, which aired May 16th and 18th, 2023.
Rich sits down with Mikey Taylor- Serial entrepreneur and former professional skateboarder. Mikey Taylor is the President and Managing Principal of Commune Capital, a private equity firm that invests in commercial real estate. After a successful 14 year skateboarding career, Mikey began the transition into entrepreneurship and business building, when he recognized an opportunity in the emerging craft beer industry. He utilized his marketing experience from skateboarding to co-found Saint Archer Brewery.
Rich and Mikey discuss what it was like growing up skateboarding and going pro, his experience starting Saint Archer Brewing, and some key takeaways on building a successful business. Mikey also shares a hilarious story of a recent viral video with 2 skateboarders bringing their concerns to him at a City Council Meeting.
Rich and Mikey then talk about his pivot into commercial real estate investing, raising money for funds vs. syndications, self-storage, multifamily and ground-up development. They dive into how Mikey built his business, Commune Capital, strategies with investors, and some of the biggest risks he faces with his projects.
Mikey also shares what he’s most excited for in 2023 and his biggest motivation for getting out of bed in the mornings.
Connect with Mikey on Instagram: @mikeytaylor
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich is joined by Co-Host, Pace Morby, on today’s Saturday Edition. They answer the top question of the week that was sent in by our listeners.
Rich and Pace speak on the fundamentals of subject-to real estate deal, the types of candidates that make for a good seller, defaulting on sub-to deals, positioning landlords to lenders, and negotiating with maximum leverage. They also discuss the willingness to over-paying on a property, amortization, and bank lending.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
Connect with Pace on Instagram: @PaceMorby
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Pace Morby – creative real estate investor, expert in “subject to” and host of A&E’s Triple Digit Flip TV Show. Pace is the founder of Subto, a thriving real estate education program and community that teaches creative financing strategies to real estate investors of all experience levels in order to do deals without cash, credit, or credentials, and also has a bestselling book, Wealth Without Cash, that was recently released with BiggerPockets.
Rich and Pace start off by discussing the first time Pace came on the pod, what Pace and Rich have been up to in the last 9 months, providing equity to employees, and aligning interests with employees.
They then reflect on what makes them happy as entrepreneurs, Pace’s A&E Show, the importance of sales and marketing, what makes for a successful entrepreneurs, operating in front of the camera, Alex Hormozi, and utilizing social media.
Lastly, they talk about Pace’s Mastermind, their experience at STR WealthCon 2024, American Airlines and Set Jet, promoting Mastermind members, how Pace got 1,000 units under contract in just over a month, and picking up vans with subject-to.
Connect with Pace on Instagram: @PaceMorby
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Mike Sjogren – Podcast Host of Short Term Rental Secrets, Hotel & Short Term Rental Investor and Coach, and founder of the Short Term Rental Secrets Mastermind. Mike and his wife Krysten started their short-term rental investment and management company in 2017, as a vehicle to build passive income so they could stop trading away time from family for a paycheck. That vision came to fruition within 18 months when their short term rental portfolio replaced their income and Krysten, and Michael both left their corporate jobs. They are based out of Boston, MA, and currently have a portfolio of 43 short-term rental properties across four states, including 2 boutique hotels on Boston’s north shore.
Rich and Mike start off by discussing how they first met, what hosting live events is like, the importance of networking events, how Mike got into real estate investing, quitting W2 jobs, cashing out 401ks, creating your own fire, gaining the confidence and committing to starting, the power of masterminds, elevating how we think, shiny object syndrome, pushing two rocks up a hill, and mastering one thing before branching out.
They then reflect on changing your identity, aligning with others who elevate your interests, what happens when tomorrow isn’t guaranteed, Mike’s first co-hosting deal, Mike’s boutique hotels, commercial real estate, the difficulties of the first deal, having the right connections and finding the right partners, why boutique hotels are becoming more popular, the opportunities that boutique hotels create, the difference between boutique hotels and STRs, Mike’s 13-unit boutique hotel, Mike’s new 57-unit boutique hotel in Salem, and creating great experiences for guests.
Lastly, they talk about switching from in-house management to third party, business infrastructure and real estate strategies, the 80/20 rule, hiring A-level players, what separates great leaders from mediocre leaders, facilitating integrity, Elon Musk, accountability, their highest and best use of time, intentional scheduling, EOS coaching, what excites Mike currently, his Mastermind, Mike’s weekly schedule, Warren Buffett, compressing deadlines, Alex Hormozi, and making expedited decisions .
Connect with Mike on Instagram: @the_airbnbguy
Visit grovescapital.com/richsomers to receive a $2,500 credit on closing costs or appraisals
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
How To Find A Good Boutique Hotel Deal | Saturday Edition 144On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners.
Rich reflects on visiting Miami last weekend for a mastermind hosted by Ryan Garland and meeting Jordan Belfort, Wes Watson, and Ryan Garcia. Rich then analyzes the three things that support finding a good boutique hotel deals. Rich then discusses what he looks for in the next great deal, finding the right broker, direct-to-seller deals, underwriting deals, and setting up GP/LLC structures.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Mark Moss – Podcast Host, Radio Host, Founder of Market Disruptors and Co-Author of the bestselling book, The UnCommunist Manifesto. Mark’s show, The Mark Moss Show, analyzes such topics as Economics, Business, Bitcoin, and Freedom. Mark has founded seven companies that hit 7-8 figures in less than a year with multiple business exits including a high valuation Fortune 500 exit. He’s also fixed and flipped over 100 homes and developed over $25m in real estate.
Rich and Mark start off by discussing living in San Clemente, Mark’s studio, how Mark got his start in real estate, how certain events create wealth transfers, the greatest transfer of wealth in American history, the 2008 market crash, how 12 million businesses are owned by baby boomers, the opportunities to grow wealth, where baby boomers are putting their money, where millennials are putting their money, where real estate trends are heading, why millennials are considered nomads, South American real estate, and supply and demand.
**They then reflect on the current market rates, a deep dive on cap rates and how they affect the economy, where Mark foresees rates going, how intertwined the Federal Reserve and the Treasury actually is, The Fed’s 2024 rate cuts, why Mark stays away from stocks and Wall Street, international investing, why people don’t actually want more money, why bitcoin is a great investment, the velocity of money, value add projects, and the difference between being rich and having wealth.
Lastly, they talk about the fundamentals of Bitcoin and why one should buy it in 2024, the decentralized revolution, authoritarian governments, when investors should sell, the volatility of bitcoin, and Mark’s fund.
Connect with Mark on Instagram: @markmoss
Visit BYLTBasics.com and use code “Somers20” at checkout for 20% on your next purchase**
Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Chris Groves – a serial entrepreneur who is leading the way in the lending industry and has funded over $7 billion in loans. He and his wife, Aleyna, started Groves Capital Inc, a family-owned mortgage company with the lowest rates in the industry. Groves Capital’s greatest accomplishments have been growing from 2 people to 575 across 25 states in fewer than three years; creating a family feel across the company where everyone works together to help others become successful; and doing billions in volume in such a short amount of time.
Rich and Chris start off by discussing Fast Lane Drive, Chris and Aleyna’s new TV Show “Vows to Ventures,” current market trends, the longevity of the baby boomer generation, re-fi loans, Chris’s new fourplex in Coronado, who funds traditional and non traditional loans, defaulting on loans, and payment penalty negotiations.
They then reflect on non-qm products, DSDR loans, partnering on loans, the importance of location, value add projects, what bridge lenders are capping loans at right now, ARV Percentages, appraising properties, Appraisal Management Companies, fighting and shopping appraisals, and Chris’s experience as an appraiser.
Lastly, they talk about re-financing into fixed debt, development deals, the risks of personally guaranteeing notes, DSDR thresholds, Insurance Rates in California, International lending, where Chris is lending currently, Belize becoming a hot zone, and where Chris plans to travel to in 2024.
Connect with Chris on Instagram: @ceogrovescapital
Visit grovescapital.com/richsomers to receive a $2,500 credit on closing costs or appraisals
Visit primecorporateservices.com/richsomers to book a free call
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich joins Bethany LaFlam on her Bubbles with Bethany Mastermind, recorded in January 2024. Bethany is an Entrepreneur, Seasoned Deals Lawyer, Managing Partner of Premier Law Group, Mother, and Visionary. With more than 20 years of experience practicing law, Bethany has leveraged that expertise into her business life.
Rich and Bethany start off by discussing what Rich’s unique superpower is, Bethany’s experience becoming a lawyer, the benefits of getting into real estate, Rich’s Boutique Hotel Fund and how to join it, what wealth means to them, prioritizing health, Bethany’s boutique hotel in Belize, the most recent boutique hotel that Somers Capital has acquired, a new deal that Rich is currently looking at, and whether Rich’s Boutique Hotels are independent brands.
They then reflect on the benefits of masterminds, building communities, celebrating Beers & Deals, taking over underperforming properties, whether California is actually affordable for real estate, and Mikey Taylor.
Lastly, Rich and Bethany talk about Excelsior Stays, direct booking, Rich’s take on the Airbnb Crash, what a good operator looks like, the hold period for Boutique Hotels, current marketing trends, diversification, which locations are best for boutique hotels, InvestorGirlBritt, and then Bethany opens up a Q&A for her mastermind.
Connect with Bethany on Instagram: @bethany_laflam
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich brings on his old business partner, Shawn DiMartile - Real Estate Investor, Host of The Real Estate Takeoff Podcast, Co-Founder of Takeoff Capital, Author of California Gold, and US Navy Veteran. Before cashing out his 401k to get his start in real estate, Shawn worked as an Air Traffic Controller for 6 years and before that he was a Navy Controller. He now owns over 300 rental units, $50 million in real estate, and his podcast, The Real Estate Takeoff, has over 200,000 downloads.
Rich and Shawn start off by discussing a recent rain storm in San Diego, how they met each other and got into the real estate game, their first deal: a 32-unit property in Indianapolis, what Shawn and Mike Tighe (his business partner) are currently focused on, Bonus ADUs in San Diego, being bullish on San Diego and ADUs, current market trends, landlord tenant laws, investing in San Diego, the synergy Shawn and Rich still have, the top ten states with high income taxes, and property insurance.
They then reflect on cashing out their 401ks, Shawn’s new book “California Gold,” the stress of working as an Air Traffic Controller (ATC), the dangers of working graveyard shifts, the craziest stories they had as ATCs, Mike Tighe’s piloting skills, whether you can actually retire off of a 401k, the evergreen cashflow of real estate, the government profiting off of 401ks, and S&P Index Funds.
Lastly, Rich and Shawn talk about the trains of San Diego, what Shawn and Mike started focusing on after Rich left the partnership, a deep dive into Bonus ADUs, Takeoff Capital’s 10-unit Ocean Beach apartment complex, Takeofff Capital’s deal in Pacific Beach, appealable and non-appealable coastal zones, Rich’s new 3-Story ADU in Little Italy, underground parking for apartment complexes, third party property management, their 32-unit property in Indianapolis, listing vacancies on Craigslist and Facebook Marketplace, Tenants in Common, and then reflect on the last 5 years of success in real estate.
Connect with Shawn on Instagram: @shawn_dimartile
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Adam Nelson and Braun Thueson - Founders of Top1Percenter, a mentorship program that was created to inspire, influence, and help others to achieve life success, business success, and have success investing in real estate.
Rich, Adam, and Braun start off by discussing how Rich first met Adam, how Adam and Braun first got started in sales, traditional door-to-door sales, applying sales principals to all aspects of life, investing in real estate for long term wealth, cultivating a good foundation in real estate, buying real estate during The Great Recession, and the house hacking strategy.
They then reflect on the greatest key to success for Adam and Braun over the last two decades, how to offset taxable income, short term rentals in Oklahoma, what real estate is really about, real estate appreciation and principal pay down, what Top1Percenter is all about, the 6 most important pillars of life: money, craft, mind, body, people, and spirit, and the important of gratitude.
Lastly, they talk about the best techniques to elevate fitness, being intentional with morning routines, how to be intentional with all relationships, time blocking, what type of products Adam and Braun sell via Door-to-Door sales, the key to make $100 million in sales, inspiring leaders and finding the right people, sharing equity with employees, and moving the needle.
Connect with Adam on Instagram: @adamcnelly
Connect with Braun on Instagram: @braunthueson
Connect with Top1Percenter on TikTok: @top1percenter
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich is joined by co-hosts Adam Nelson and Braun Thueson - Founders of Top1Percenter, a mentorship program that was created to inspire, influence, and help others to achieve life success, business success, and have success investing in real estate. They answer the top question of the week that was sent in by our listeners.
Rich, Adam, and Braun discuss how to be successful in door-2-door (d2d) sales. They analyze what the first step of d2d sales should be, what training looks like for d2d sales, identifying leaders, and immersing yourself into a business culture. They also discuss the importance of business, how to identify the right customer, if you should skip specific types of homes, and Adam shares his most uncomfortable experience with a d2d sale. Lastly, they speak on transitioning from a no to a yes, indecision in business, effective ways to break preoccupation, establishing trust and being organic, effectively closing a deal, and overcoming objection to price.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
Connect with Adam on Instagram: @adamcnelly
Connect with Braun on Instagram: @braunthueson
Connect with Top1Percenter on TikTok: @top1percenter
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Elliott Caldwell - Entrepreneur, Real Estate Investor, CEO, and Co-Founder of Home Team Vacation Rentals. On April 1st, 2022 Elliott sold his previous business. After a 2-3 month hiatus Elliott started a management company (Home Team) with Michael Elefante. In 16 months Home Team has become one of the fastest growing property management companies in the country with over 320 properties under management. Home Team has also launched Home Team Design and is soon launching their first fund through Home Team Capital to invest in luxury Airbnbs.
Rich and Elliott start off by discussing what Elliott does in the short term rental space, Elliott’s first company - a high school fundraising business, managing 300+ properties, providing value for Investors, Michael Elefante, the biggest challenge that Elliott’s company has faced, the challenges of accounting in-house, automated services and their benefits, the rundown of how Elliott’s company operates, and working with turnkey clients.
They then reflect on the over-saturation of Airbnb, performing in over-saturated markets, Rich’s luxury Airbnb in Scottsdale, the opportunity to buy rentals in San Diego, how markets will vary, when and why consumers will stay in short-term rentals versus hotels, the boutique hotel model, where Elliott sees his company heading in the next few months, starting real estate funds, and when to effectively utilize debt.
Lastly, Rich and Elliott talk about a new deal that Michael has in the works, the 20% rule, buying property management companies and what that looks like, the importance of the relationship between buyers and sellers, the retention rate of Elliot’s clients when they merged companies, what Elliot’s operations team looks like, dynamic pricing, scaling up companies, working with Somerled Designs, the current market trajectory, and the turnkey model.
Connect with Elliott on Instagram: @elliottcaldwell
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich is joined by co-host Mauricio Rauld - Real Estate Syndication Attorney and Founder/CEO of Premier Law Group. Rich and Mauricio answer the top question of the week that was sent in by our listeners.
Rich and Mauricio discuss the two big LLC changes coming in 2024. They analyze the Corporate Transparency Act and what it means for LLC owners, speculate why the government will enact this decision. They also discuss the shift for Texas to becoming the fourth charging order protection state.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
Connect with Mauricio on Instagram: @mauriciorauld
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Mauricio Rauld - Real Estate Syndication Attorney and Founder/CEO of Premier Law Group. Known as one of the few lawyers that actually speaks English, Mauricio helps real estate syndicators, and those looking to tokenize their real estate offerings, stay out of jail by ensuring full compliance with Federal and State securities laws. Mauricio was recently featured on the cover of the Top 100 Magazine as a Top 100 Attorney and has previously been recognized as one of the top California attorneys under 40 by SuperLawyers magazine.
Mauricio acts as legal advisor to KenMcElroy.com (Rich Dad Advisor and owner of 10,000 Units) and represents real estate syndicators, like Robert Helms (host of TheReal Estate Guys™ Radio Show) and Brandon Turner (former host of the Bigger Pockets podcast).
Rich and Mauricio start off by discussing Mauricio’s plan for a new podcast, how Bethany LaFlam introduced Rich and Mauricio, how Bethany and Mauricio met, how to structure LLCs to prevent from liability, the definition of an LLC, non-charging states and how they vary, new LLC changes under the Corporate Transparency Act, the various filing companies to use, prime corporate services, major updates to asset protections and charging orders in 2024, and the benefits of having living trusts.
They then reflect on the differences between a will and a trust, the differences between a revocable and irrevocable trust, the issues with only having an insurance policy, an incident that happened at one of Rich’s properties, umbrella policies, being diligent when filling out paperwork and insurance claims, syndicating with multiple investors, paying other to raise money for you, raising money for boutique hotels, being a passive investor, accredited and non-accredited investors, pre-existing relationships according to the SEC, 506b and 506c exemptions, documenting every step of the way, if social media is considered advertising, the steps to switching between exemptions, advertising under 506c, syndicating for boutique hotels, and keeping an open fund.
Lastly, Rich and Mauricio talk about Grant Cardone, Reg A exemptions and how they work, debt funds, and potentially creating a boutique hotel mastermind event with InvestorGirlBritt.
Connect with Mauricio on Instagram: @mauriciorauld
Book a free call with Prime Corporate Services to create a business strategy primecorporateservices.com/richsomers
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Rick English - CEO, CFO, COO, VP of Operations, and now the founder of UP Advisors. After 22 years of experience as a business manager, Rick founded UP Advisors, a Business Consulting and Coaching program. Through his coaching, Rick works with entrepreneurs and companies who are burned out and need fresh insights.
Rich and Rick start off by discussing Rick’s trip to California, Rich’s upbringing as an entrepreneur, how Rich and Rick got connected, the EOS program, the types of clients that Rick works with, working with other who are accountable, the typical issues that clients will have, generating profit and the importance of time, the mom and pop mentality, and Dan Martell’s 1-3-1 method.
They then reflect on the tools and tips to effectively grow a business, the effective use of AI, clarity of goals, tools of accountability, effectively creating budgets, shifting roles in small business and the #1 skillset of successful entrepreneurs.
Connect with Rick via email: renglish@myupadvisors.com
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich is joined by co-host Rick English who, after 22 years of experience as a CEO, CFO, COO, and VP of Operations, founded UP Advisors, Business Consulting and Coaching. Rich and Rick answer the top question of the week that was sent in by our listeners.
Rich and Rick discuss how Rick’s clients can effectively calculate the value of their time, targeting the right audiences, premium services deserving premium prices. They then analyze price changing strategies, the client qualifying process, and the impact of effective time management.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
Connect with Rick via email: renglish@myupadvisors.com
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
We’re back in the studio for 2024!
On today's episode, Rich highlights his holiday break. He then offers his advice on why you should buy boutique hotels, the steps to take in order to buy boutique hotels, and what it takes to operate a boutique hotel. Rich then provides examples of several successful boutique hotels he’s bought and how Somers Capital got into the boutique hotel space.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Happy New Year! On today's episode, Rich reveals the #1 spot for the most downloaded episodes of 2023: Grant Cardone (This episode is a re-run. Original airdate was on May 25th, 2023)
Grant Cardone is the CEO of Cardone Enterprises and Cardone Capital. Grant owns and operates seven privately held companies and has a real estate portfolio worth over $4 billion.
We’ll be back with our regular content on January 4th, 2024!
Connect with Grant on Instagram: @GrantCardone
If you have a question you'd like answered, please email info@somerscapital.com
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Happy Holidays! On today's episode, Rich reveals the #2 spot for the most downloaded episodes of the year: Pace Morby (This episode is a re-run. Original airdate was on April 27th, 2023)
Pace Morby is a creative real estate investor, expert in “subject to” and host of A&E’s Triple Digit Flip TV Show. Pace is the founder of Subto, a thriving real estate education program and community that teaches creative financing strategies to real estate investors of all experience levels in order to do deals without cash, credit, or credentials, and also has a bestselling book, Wealth Without Cash, that was recently released with BiggerPockets.
Check in on Tuesday (1/2) to see who’s the #1 spot!
Connect with Pace on Instagram: @PaceMorby
If you have a question you'd like answered, please email info@somerscapital.com
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Happy Holidays! On today's episode, Rich reveals the #3 spot for the most downloaded episodes of the year: Jack McColl. (This episode is a re-run. Original airdate was on July 25th, 2023)
Jack, the founder of Credit Stacking, scaled from zero business credit to $500k in approved credit in just over 1 year, which he’s used to fund a variety of new businesses and investments. He now teaches his unique framework to over 2,000 entrepreneurs, helping them get access to hundreds of thousands of dollars of 0% interest capital so they can start a business, scale a business, or finance any type of investment. He shows others how to optimize their credit profile and make themselves look attractive to lenders without showing any financials, including tax returns, bank statements, or verified income.
Check in on Saturday (12/30) to see who’s the #2 spot!
Connect with Jack on Instagram: @KingofDebt
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Happy Holidays! On today's episode, Rich reveals the #4 spot for the most downloaded episodes of the year: Kris Krohn. (This episode is a re-run. Original airdate was on October 17, 2023)
Kris is a Best Selling Author, Business Coach, Real Estate Investor, and Mentor. He is an expert wealth coach with 5,000 real estate deals, numerous businesses, and growing influence.
Check in on Thursday (12/28) to see who’s the #3 spot!
Connect with Kris on Instagram: @kriskrohn
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners.
Rich and Jennifer reflect on the last year of progress at Somers Capital and what’s to come in 2024. They then analyze what makes for launching a successful boutique hotel, being hospitable, automated management, and the biggest challenges of working in the boutique hotel space.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode, Rich reveals the #5 spot for the most downloaded episodes of the year: Ryan Pineda. (This episode is a re-run. Original airdate was on August 29, 2023)
Ryan is a serial entrepreneur and the CEO of seven different 7-8 figure businesses. In addition to that he owns 500+ rental properties, has received 500M+ views on social media, and is a retired pro baseball player. He also hosts The Wealthy Way Podcast, where he interviews top experts in business, health, faith, and relationships while sharing his own experiences.
Check in on Tuesday (12/26) to see who’s the #4 spot!
Connect with Ryan on Instagram: @ryanpineda
If you have a question you'd like answered, please email info@somerscapital.com
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Chris Cunningham - Entrepreneur, Business Executive, and Head of Social Marketing of Clickup, a productivity and project management software company he was on the founding team of in 2017. Before founding ClickUp, Cunningham worked as a sales manager at Cvent. He was there as the company went public. Once he reached his ceiling there, he moved on to run FastFollowerz with Zeb Evans. Chris went on to do over 50 million in sales there.
He continued on with Zeb to help start ClickUp, a platform that simplifies and streamlines project management for businesses and individuals. He was the companies first sales rep, closing the first big deals in company history from Home Depot, Randstad, and many more.
Under Cunningham’s leadership, ClickUp has grown rapidly, attracting over 200,000 users within its first year and expanding to over one million users within its second year. ClickUp has been recognized as a top productivity app by numerous publications and has received funding from notable investors including Craft, Tiger, and AZ16. ClickUp has raised upwards of $400 Million in investor capital and a $4 billion valuation.
Rich and Chris start off by discussing an overview of ClickUp, different ClickUp competitors, how ClickUp got it’s start, ClickUp’s first big deals, ClickUp’s biggest challenges, comparative price points, and breakthrough moments.
They then reflect on building companies, Home Depot and Randstad, faking it ’til you make it, advertising in San Diego, being a household name, how it get’s easier with every deal, and being a $1 Billion company.
Lastly, Rich and Chris talk about the return profile of tech companies, selling companies or going public, where to raise capital, Brad Rice, the types of investors that Chris and ClickUp finds, the next steps for ClickUp, the advantages of project management, comparing CRMs, the Padres and the MLB, and living in South America.
Connect with Chris on Instagram: @cunningham
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners.
Rich and Alex reflect on closing the most recent Somers Capital deal up in Lake Chelan, WA and also take a look back at the last year of progress. They then analyze how to create value for real estate properties of all types and Rich shares a few stories about how he’s effectively added value to his own properties.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Justin Colby - Real Estate Investor, Entrepreneur, Educator, and Coach. During his 15+ year career as a real estate investor, Justin has flipped over 2400 homes, done wholesaling, and is now getting into the real estate space. He typically buys between 2-5 houses a week.
Rich and Justin start off by discussing what Justin currently owns, how’d Justin got his start in house flipping, how Justin runs his team, when to flip or wholesale a home, the BRRRR method, refinancing, the current interest rate market compared to the last 50 years, and creating value.
They then reflect on where Justin is currently buying properties, the appreciating market in Florida, when and why someone should exit a deal, the problem with depreciation, Investor Girl Britt, Justin’s newest podcast “Entrepreneur DNA,” Dave Grutman and Brian Malarkey, the worst deal Justin’s ever made, taking risks, the differences between a $200,000 home and $1.1 million home, the magic zip code in Scottsdale, and making mistakes and learning from them.
Lastly, Rich and Justin talk about the adrenaline rush built by buying real estate, Justin’s purpose in real estate, happiness stemming from growth and progress, being lonely on the top of a mountain, what Justin’s best deal has been, how to handle lawsuits, and what’s next for Justin.
Connect with Justin on Instagram: @thejustincolby
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with the Justin Brennan - General Contractor, Real Estate Broker, and CEO of The Brennan Pohle Group. Through this group, Justin is focused in the acquisition and development of apartments throughout the United States. With over 500+ units and $110M in assets under ownership, Justin and the team are growing towards 10,000+ units and $4B in assets in the next several years.
Rich and Justin start off by discussing surfing and skating, kitesurfing, the differences between mobile home parks and multi-family properties, Warren Buffett, the types of properties Justin owns, Walmart, the most optimal states to buy in, Dave Lindahl, and Justin’s first and biggest multi-family deals.
They then reflect on upscaling business, current interest rates in the market, re-financing, Grant Cardone, what it takes to get a deal to the finish line, successful operating techniques, managing managers, Justin’s current opportunity fund, and stacking new equity.
Lastly, Rich and Justin talk about rising cap rates, Justin’s market forecast, Tyler Deveraux, Rich’s morning and daily routines, habit stacking, putting out fires as an entrepreneur, pushing themselves out of their comfort zones, the difference between doers and dreamers, risk tolerance, Rich’s biggest fear, and the decrease in life expectancy of men.
Connect with Justin on Instagram: @justin.c.brennan
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners.
Rich and Alex celebrate this week’s soft launch of Hotel Zindel, a San Diego-based boutique hotel. They then analyze the reports that the Feds will have several rate cuts in 2024 and Rich offers his own predictions of where the interest rates will be by December 2024.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with the Marc Kuhn - Real Estate Investor, Developer, Contractor. Marc started his construction career with his father in 1994. In 2010 he left his hourly job with $2,500 in his account and started MAK Construction, which has now grown to over $25 million a year. MAK Construction develops commercial projects both 3rd party and investment projects for their investors and since 2018 has added over 200 units in the Midwest.
Rich and Marc start off by discussing the frigid winters in North Dakota, the benefits of self storage investing, automation and delinquencies in self storage, the biggest risks in self storage, rent control, living in self storage units, and the barriers to developing in self storage.
They then reflect on seller financing in self storage, mom and pop self storage businesses, rent growth and cap rates, optimal cities to develop in, the current market, the cashflow in boutique hotels, the ten year strategy, and whether Marc recommends getting into the industry.
Lastly, Rich and Marc talk about the differences the between 2023 and the 2008 financial crisis, being risk adverse, education in the self storage space, the development process of self storage, the metrics that Marc looks for in a deal, multi-family housing, how Marc got into self storage, concrete finishing, Grant Cardone, and what it takes to continue expanding in luxury storage.
Connect with Marc on Instagram: @marc.kuhn.mak
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with the Founders of Lendspark, Todd Stichler and Paul Cortez. Lendspark is a national licensed direct lender founded for the sole purpose of supporting the growth capital needs of small, middle market & public companies. Lendspark, founded in 2012, has arranged over $500 million to hundreds of businesses in a wide variety of industries, including Real Estate, Jet Rentals, and Pharmacy Automation.
Rich, Todd, and Paul start off by discussing what Lendspark does in the lending space today, the high interest environment and how it’s affected the lending space, what Lendspark is looking for in clients, what funding and structuring funding deals looks like for the company, warehouse facilities, and how many funds investors are typically involved in.
They then reflect on debt service payments, Rich shares some info about a new property he’s picking up, what it’s like to take back properties, taking collateral from clients, how Paul and Todd got into the lending space, what Paul’s role as the VP of Real Estate looks like at Lendspark, the team structure of a lending company, the average deal size and largest deals for Lendspark, and how buyers qualify for lending.
Lastly, Rich, Todd, and Paul talk what successful buyers look like, real estate investing and lending, raising capital, Lendspark’s minimum fund qualifications, being forthcoming about good and bad deals with investors, creating content for social media, the Wall Street Casino, alternative assets and investments, the interest rate environment, and what Todd and Paul forecast the market looks like in the next two years.
Connect with Lendspark on Instagram: @lendspark
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners.
Rich and Alex reflect on the last few weeks of the year and their holiday plans. They then analyze the mindset of taking one step and offer several ways to get the momentum back in making deals.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Brittany Arnason - commercial real estate investor, real estate educator, and social media icon. Brittany, better known online as InvestorGirlBritt, has been part of over $80M in real estate transactions, including single family homes, new construction, short term rentals, apartment buildings, boutique hotels, and self-storage facilities.
Rich and Britt start off by discussing the meetup they hosted in Miami during the Thanksgiving break, how Britt got to where she is today, Britt’s Boutique Hotel in Belize, how Britt got into self-storage and her role in it today, the benefits of partnering, recent incidents that happened on Rich’s and Britt’s properties, being okay with working with the unknown, and what Britt and Rich’s goals were when they started being in real estate.
They then reflect on growing as an entrepreneur, creating content and credibility, the benefits of social media content and building trust, upgrading to multi-family complexes, and breaking out of your comfort zone and taking risks.
Lastly, Rich and Britt talk about Britt’s Boutique Hotel in Belize, promoting financial freedom, how Britt learned to renovate homes, Canadian real estate, utilizing a macro-perspective, masterminds and getting to know others in the real estate space, when to hire new employees, the scarcity vs abundance mindset, the benefits of investing in real estate, who inspires Britt as an entrepreneur, what a fitness journey looks like, the life expectancy of men, 5-year-goals, Van life, flying first class, valuing time as a high income earner, branding as an entrepreneur, and what Britt’s plans are for the holiday break.
Connect with Britt on Instagram: @investorgirlbritt
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Seth Struiksma - real estate agent, realtor, developer, DJ, and investor. Seth has sold more than $100 Million in real estate sales and, in 2021, formed the San Diego-based real estate company, “The One Group.”
Rich and Seth start off by discussing how Seth got into the real estate space, why Seth created The One Group, what’s in store for Seth moving forward, opportunity zones, what makes Seth’s team successful, how to inspire others, the high interest environment, and how the market is affecting real estate agents today.
They then reflect on the benefits and opportunities to buying in San Diego, Seth’s current deals, the benefits of ADUs, why real estate agents don’t invest in real estate, and marrying for bonus depreciation.
Lastly, Rich and Seth talk about the new 5% down Fannie Mae loan, the benefits of hard money loans, the international interest rate environment, building communities, and what Seth recommends doing when starting out in the industry.
Connect with Seth on Instagram: @seth_struiksma
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Everyone Has a Different RE Strategy, Who Can You Trust? | Saturday Edition E114On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners.
Rich and Alex reflect on the thanksgiving break and everything happening with Somers Capital this last week. They then analyze an Instagram post made by Richard Garcia that states every entrepreneur has their own opinions and personal strategy and share their own thoughts.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Dan Martell - a WSJ best-selling author, serial entrepreneur, investor, and growth coach. Dan is the mastermind behind several successful companies, such as Clarity.fm, and Flowtown. He is also an angel investor with a diverse portfolio that includes companies like Intercom, Udemy, and Unbounce.
Rich and Dan start off by discussing how they got connected, Dan’s jet and how to hire a pilot, the lack of tax benefits in Canada, connecting with Kent Clothier, Dan’s background and how he got into making content, where Dan sees the most opportunity for every day individuals, looking at trends in the market, the value of sales as a skillset, and the feedback loop.
They also reflect on public speaking and an author’s expertise, Joe Rogan and being passionate about what we are interested in, the highest gross margins in the tech industry, Grant Cardone and 10x Ventures, the ability to produce returns in capital, the benefits of reputation and being on social media, and Alex Hormozi and Warren Buffett.
Lastly, Rich and Dan talk about the skillset required of being a business owner, the value add components of buying companies, willingness to pay and changing pricing, what customers value, the due diligence period, the Winklevoss twins, the benefits of taking a company public, the success of Amazon as a company, Mr. Beast, the value of writing a book, and what makes an entrepreneur successful.
Connect with Dan on Instagram: @danmartell
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Richard Zavlyanov - a Real Estate Developer, Investor, and Head of Development at Diamond Dev Group. Richard has a degree in business administration from Queens borough community college and continuing education of Real Estate Development from Baruch college. He’s worked closely with developers such as Bizzi & Partners Development, Extell development, Aronov development and lastly AFI USA.
Rich and Richard start off by discussing how they met Terry Harris, what Richard currently does in the multi-family and condo spaces in NYC, the permitting processes in New York and California, Affordability housing in New York, multi-family cap-rates, the current rate environment, and hyper-depreciation.
They also reflect on the current pricing of condos, Richard’s current exit strategies, tax abatements and refinancing, rent control, the 421a tax abatement, tax freezes, and builder incentives in New York.
Lastly, Rich and Richard talk about the biggest real estate challenges Richard is currently facing, where Richard is sourcing his investor capital, the importance of reputation, the best deals Richard has ever done, forcing appreciation, how to get into real estate, the price-per-unit payout for Richard’s buildout, and what Richard would recommend doing when getting into real estate.
Connect with Richard on Instagram: @richiezav
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich is joined by co-host Karlton Dennis - a Licensed Enrolled Agent, Tax Strategist, Forbes council member, Consultant and YouTuber, to answer the top question of the week that was sent in by our listeners.
Rich and Karlton reflect on how to save on income taxes this year and fully analyze what cost segregation studies actually are. They also discuss the 14 day rule, the 7-7-1 strategy, grouping elections, the personal use test, and how to utilize ADUs.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
Connect with Karlton on Instagram: @karltondennis
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Karlton Dennis - a Licensed Enrolled Agent, Tax Strategist, Forbes council member, Consultant and YouTuber. Karlton has helped over 10,000 clients and 3200 real estate investors and entrepreneurs save millions of dollars in taxes in real estate and business. Karlton also hosts the podcast “Tax Free Living.”
Rich and Karlton start off by discussing the LA Lakers and Clippers, how Karlton became a tax professional, the benefits of setting up holding LLCs in Wyoming and Delaware, the benefits of having a living trust, the differences between a revocable trust and irrevocable trust, and the STR loophole for high earning w2 taxpayers.
They also reflect on the intricacies of depreciation recapture, the 1031 exchange, cost segregation studies, Tenancy in Common, reverse 1031 exchanges, the definition of like kind exchanges, the child payroll strategy, S Corps and C Corps, the intricacies of Roth IRAs and backdoor IRAs, whether high income earners should put their money into Roth IRAs or 401ks, and self directed 401ks.
Lastly, Rich and Karlton talk about setting up Simplified Employee Pension Plan (SEP), stepping up and taking action during the COVID-19 lockdown, tax strategies for high income earners of $10 million or more, and the tax benefits of purchasing jets, yachts, and luxury cars.
Connect with Karlton on Instagram: @karltondennis
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Today, join Rich as he guests on The Hunt For Incredible Podcast hosted by Gideon Spencer, where they discuss how Rich got into the real estate investing space, why the 401k is a flawed system, the difference between small and big deals, masterminds, building podcasts, and Rich’s market forecast.
They also analyze the biggest transfer of wealth in US history, boutique hotels, how Rich effectively builds his teams, the benefits of creating content for social media, creating authentic connections through podcasting, falling in love with creating content, effective time management, being direct with others, and surrounding yourself with others of value.
Connect with Gideon on Instagram: @gideonspencer_
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich is joined by co-host Gideon Spencer - Entrepreneur, Host of "The Hunt for Incredible" podcast, and Boutique Hotel Investor, to answer the top question of the week that was sent in by our listeners.
Rich and Gideon reflect on the recently announced 5% down Fannie Mae payment option for multi-family homes and the opportunities it creates. They also discuss different options to raise the capital for these opportunities and the logistics to qualify for this loan.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
Connect with Gideon on Instagram: @gideonspencer_
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Ivan Flores - Restaurant Entrepreneur, Podcast Host, and CEO & Founder of Encinal Brands, home to several Mexican franchise restaurants including The Buffalo Spot, Blue Burro, and Taco Masa. Ivan grew up in Tijuana, Mexico and in 2013, he opened his first restaurant in Long Beach, California. Encinal Brands now has more than 50 restaurants across the United States and is on track to open 150 more in the next 5 years.
Rich and Ivan start off by analyzing what the drug dealing and smuggling space looked like during Ivan’s childhood in Tijuana. Rich and Ivan then discuss how Ivan got into the restaurant industry, the adrenaline working in a restaurant induces, Ivan’s key to successfully starting a restaurant, how to delight guests during their experience, following the In-N-Out model, soft launching restaurants and businesses, the success that social media creates, how important location is to opening a restaurant, Limited Time Offers (LTOs), the most profitable food at a restaurant, and the timeline to accessing a liquor license.
They also reflect on the restaurant franchise model, ensuring franchisees reach success, how the Chick-fil-a model of franchising works, the cost of opening a new location, the typical gross revenue for a restaurant, what could go wrong with the franchise model, the biggest marketing lever for restaurants, how uber eats can be a marketing tool, and the minimum wage in California.
Lastly, Rich and Ivan talk about consumer being less price sensitive towards food, the current market slowdowns in the restaurant industry, why Ivan and Rich invest their time in social media, the value of mentorship in the real estate and restaurant industry, the type of person that should open a restaurant, and what Ivan recommends doing in order to start a franchise.
Connect with Ivan on Instagram: @mr.ivanflores
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Kent Clothier - nationally recognized entrepreneur, real estate investing expert, performance coach, and speaker. He got his start in business at 17, helping to create a grocery arbitrage company, ultimately building the company to $1.8 Billion in annual sales by the age of 30.
The Clothier family run real estate investment company has flipped more than 8,000 single family homes and the company currently manages a portfolio of over 7,500 single family homes in 11 markets. Kent and his partners are actively involved in managing a portfolio of multiple real estate funds with a variety of real estate assets, including Self Storage, Multi-Family, and Hospitality assets. Kent is also the CEO and Founder of Real Estate Worldwide and The Boardroom Mastermind, multifaceted organizations focused on software, training, and executive coaching, based in La Jolla, California.
Rich and Kent discuss the current US interest rates, the commercial assets that Kent is currently focused on, the self-storage and multi-family models, what makes for a good deal, the residential development on the Pendry in Palm Springs, and why Kent does not buy invest in real estate properties in California. They also reflect on living in San Diego, investing out-of-state, why investors should rent their primary residence, and the best way for someone to become an entrepreneur with no experience.
Lastly, Rich and Kent talk about how to elevate from the Hustler mentality to CEO mentality, setting 3-to-5 year plans, living life with intention, hiring the right person, how Kent’s first company built to $1.8 Billion, Kent’s shift to flipping houses, taking the time to live life in the moment, generating opportunities, monetizing leads, and direct response marketing.
Connect with Kent on Instagram: @KentClothier1
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners.
Rich and Alex reflect on connecting with several private investors this week, and discuss next week’s Beers & Deals event. They also analyze the real estate market in the last 3 years, and Rich shares his two rules for what he needs before buying real estate with today’s high interest rate environment.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Jeff Gleiberman - President of MG Properties. He is responsible for overseeing investment transactions, operational strategies, and partner relations. During Jeff’s tenure, MG Properties has flourished into an NMHC Top 50 Apartment owner with over 28,000 units, 880 Employees, and $10.8 Billion in Real Estate.
Rich and Jeff discuss what kinds of markets MG Properties is in, the variance of multi-family markets across the US, the tax advantages of real estate investing, 5 and 10-year-holds, the current rate environment and the Chatham forward curve, variable vs. fixed rate debt, the cap rates of the 2010s, A-Class vs. B and C-Class Properties, and the exit plans and buyer pools for MG Properties.
They also reflect on the current trajectory of fixed rate debt buyers, which buyers are currently in the market and why, what Jeff’s smallest property is, Jeff’s market projections, coastal and desert markets, the biggest deal MG Properties has made, the San Diego market, the single mistake MG Properties has made, how to effectively increase cashflow, and current construction costs.
Lastly, Rich and Jeff talk about the amount of demand in the multi-family market since the ‘90s, how renters have become more financially savvy, cultivating bonds with investors, the importance of property management, the necessity of on-site managers for multi-family properties in California, value-add projects for newly purchased properties, the importance of online reviews, rent increases, 1031 exchanges, and what advice Jeff would give to his 25-year-old self.
Connect with Jeff: jgleiberman@mgproperties.com
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Brian Malarkey - a chef, restaurateur, cooking instructor, and creator of 15 separate restaurants across the United States. In 2012 he sold majority stake of his first restaurant group (Searsucker and Herringbone) to global Hakkasan Group for $25 million. He’s opened 10 different concepts in 5 years, including the nationally acclaimed Herb & Wood and Animae. Brian has appeared as a regular judge for shows like Food Network’s Guy’s Grocery Games, Tournament of Champions, and ABC’s The Taste. He was also a contestant on Top Chef (Season 3) and Top Chef All-Stars (Season 17).
Rich and Brian discuss how they first met, how Brian got his start as a chef, how Brian met Tony Hawk, the restaurant scene in San Diego, Richard Blais, the difficulty of mastering the restaurant experience, investing in the restaurant industry, and Brian’s newest restaurant Le Coq.
They also reflect on Brian’s San Diego based restaurants, high profit margins for restaurants, preserving the restaurant experience, building relationships with customers, Brian’s experience during COVID, and his recent release of Chef’s Life Oil to completely replace extra virgin olive oil.
Lastly, Rich and Brian talk about social media, the profit game of the cooking oil industry, introducing new products to restaurants, whether location matters to opening a restaurant, and whether or not guests are price sensitive at restaurants.
Connect with Brian on Instagram: @brianmalarkey
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners.
Rich and Alex analyze the benefits of podcasting, Rich shares his experience starting two different podcasts and what he’s learned from them, and Alex reveals some behind-the-scenes info about the podcast.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Daniel Kong - a real estate investor flipping houses out in Hawaii. He was able to retire from his W2 after just 3 years using the BRRRR strategy. By acquiring rentals with no money out of pocket, he was able to replace his salary as a software engineer with passive income. Now he is a full-time investor - Flipping, running AirBnBs, and buying commercial properties in the Midwest.
Rich and Daniel discuss the next Beers & Deals real estate meetup host by Somers Capital, their favorite experiences on the Hawaii islands, fix-and-flipping, using the BRRRR strategy on the retail and office spaces, and how to breakdown the cost per space for commercial real estate.
They also reflect on what lending looks like for these types of properties, where and when to buy commercial buildings, investing in passion projects with close friends, cap rates and regulations in the current market, Airbnb restrictions and house flipping in Hawaii, the pros and cons of buying short term rentals in blue states, boutique hotels, and how the current lending environment is affecting commercial properties.
Lastly, Rich and Daniel talk about the biggest risks in buying commercial properties, competing with Amazon, purchasing recession-proof assets and where Daniel sees the most potential in the next few years.
Connect with Daniel on Instagram: @danielkong808
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Michael Sartain - Performance Coach, Air Force Navigator and Instructor, and Host. In 2019, Michael created Men of Action, a program that dedicates its time to teaching men how to increase their status, build an abundant lifestyle, find elite friends, and attend VIP events in under 25 days. Men of Action has had 400+ success stories. Michael is also the host of the Michael Sartain Show podcast.
Rich and Michael discuss meeting Miss Nevada - Lisa Song Sutton, how Michael’s nightclub promoter experience developed early on, traditional VIP experiences at night clubs, evolutionary psychology, how money is an allegory for survival and competency, new age feminism, and what women look for in viable partners.
They also reflect on what the Men of Action course teaches, what men look for in viable partners, who should pick up the bill on a date, how money creates the reality that you want, and how to introduce yourself to others at bars.
Lastly, Rich and Michael talk about “dad bods” and comfort cues, the two attractive attributes that a majority of women like in men, 3 recommendations for men to become more attractive, and how fame relates to the dating lifestyle.
Connect with Michael on Instagram: @michaelsartain
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners.
Rich and Alex analyze how much of real estate investing is based on who you know vs what you know, and Rich shares an anecdote about a new opportunity in the Pacific Northwest.
If you have a question you'd like answered, please email infoSomerscapital.com. Stay tuned every Saturday to see if it's featured!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
**Rich sits down with Robert Martinez - Founding Principal and CEO of Rockstar Capital. Robert has directed the growth of Rockstar Capital to 21 apartment communities, a total of 4,800 rental units across the state of Texas. Since 2011, he has directed the underwriting, acquisition, and management of 30 apartment communities consisting of more than 5,243 rental units. In 2023, third party company, MF1, filed to foreclose on a Rockstar Houston property, defaulting on a $51 million multi-family loan.
Rich and Robert discuss the fallout of the current high interest rate environment, the foreclosure on Rockstar’s $51 million loan, rate caps in Texas, potential ways to save deals from falling under, and all of the risks of using third party management companies for a property.
They also reflect on the attractive nature of Airbnbs, updating investors when the rug is pulled out from a deal, in-house recruiters and transitioning teams to maximize turnover, setting standards for new employees, and putting a spotlight on weak KPIs.**
**Lastly, Rich and Robert talk about all-things operations, rent growth, occupancy and supply in Texas, how Robert got his start in real estate, raising equity while working a full-time job, the 2008 Recession, Robert’s best deal he’s ever done, what it take’s to be successful, floating vs fixed rate debt, where Robert predicts interest rates will be by 2025, and what types of properties Rich is most excited about in the next 12 months.
Connect with Robert on Instagram: @apartmentrockstar**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Kris Krohn - a Best Selling Author, Business Coach, Real Estate Investor, and Mentor. Kris is an expert wealth coach with 5,000 real estate deals, numerous businesses, and growing influence.
Rich and Kris discuss Kris’s beginnings, his financial influences & first financial failure, Kris’s first real estate deal at 23, and his current asset portfolio. They also reflect on automation in business, Kris’s investments in real estate and private equity, and why Millennials and Gen Z want to create experiences. They dive into how Kris optimizes his health and time, delegating out tasks to the best experts, views on the public school system and “world” schooling - private education without a private school, and whether entrepreneurs should go to college.
Lastly, Rich and Kris talk about Kris’s recent trip with his family to the Galapagos island, the tax benefits of owning jets, how Kris’s "why" has transformed over the last 5 years, the motivation to redistribute wealth on their own terms, what a successful team looks like, batching social media content, and what’s next for Kris Krohn.
Connect with Kris on Instagram: @kriskrohn
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners.
Rich and Alex discuss the benefits of starting a real estate networking event, if it’s worth it and how to get started. They also discuss how Somers Capital’s own meetup, Beers & Deals, began and how it’s evolved over the last 5 years.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Gabe Kubanda - an alt-pop artist, singer/songwriter, co-creator of the Epic Proportions Tour, playing well over 750 shows on multiple continents, founder of the Non Profit “EduMusication” program promoting music education in schools, and Kubanda Properties, amassing vacation homes and rental cars in niche markets.
**Rich and Gabe discuss the intricacies of hosting vehicles on Turo, a car sharing marketplace, how Gabe got his start in the music industry and created with a group of fellow bands, and just how profitable being a musician actually is.
They also reflect on being on the road, record labels, the collaborative experience of songwriting, being a content creator, Airbnbs, COVID, and the differences between arbitraging and cohosting.
Lastly, Rich and Gabe talk about what a successful team looks like, the best automated services for rental properties, and what Gabe is looking forward to in the real estate space moving forward.
Connect with Gabe on Instagram: @gabekubanda**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
**Rich sits down with Nick Marietta - a Real Estate Investor, Luxury Builder, and Fix & Flip Expert. He’s got over $600,000,000 in Construction & Real Estate transactions.
Rich and Nick discuss Nick’s connection to the Coach and Best Selling Author, Wes Watson, how Nick got his start as a Luxury Fix-and-Flipper, the extent of his wholesale deals across the country, and where Nick sees the most success in the market right now.
They also reflect on what it takes to flip a luxury home, “blue hair” modeling and staging homes, and Nick shares an anecdote about a recent car accident and how he’s overcome the challenges of it’s impact.
Lastly, Rich and Nick talk about health & wellness and how it pertains to self development and inner peace, Rich reveals a trip that he’ll be taking soon to visit Kris Krohn and Robert Martinez, the benefits of masterclasses and education programs, and Nick quizzes Rich about his own portfolio and real estate journey.
Connect with Nick on Instagram: @therealnickmarietta**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich answers top questions of the week that are sent in by our listeners.
Rich, Alex, and Jennifer discuss the biggest opportunities in the boutique hotel investing space right now, relaunching boutique hotels after closing, and the experience required in order to buy boutique hotels.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Today, join Rich as he guests on The Wealthy Way Podcast hosted by Ryan Pineda where they discuss marketing strategies, the pros and cons of listing hotels on Airbnb, the rise of shared experiences at restaurants, the Liver King, the importance of surrounding oneself with like-minded individuals, health and fitness, and celebrity golf tournaments. Rich also shares his expertise on boutique hotels and podcasting.
Connect with Ryan on Instagram: @ryanpineda
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
**Rich sits down with Michael Elefante - a real estate investor, entrepreneur and social media influencer. Michael is the founder of BNB Investor Academy, a coaching program that has helped over 1,200 people find, invest in, design and manage short term rentals successfully.
Michael became financially free at age 27, just one year after making his first investment into real estate. Within three years, he and his wife, Jill, have accumulated seven short term rental properties that bring in over $1M per year in rental income. He's found his true passion in helping others achieve financial freedom through short term rental investments.
Rich and Michael discuss Michael’s recent trips across the world with his family, his recounting of cashing out his 401K, buying his first short term rental, and risky investments. They also reflect on incremental progress, real estate investing as a side venture, using a short-term rental as a second home, growing management businesses, Michael’s connection to Somerled Designs, how to maximize investments when starting out, the current rate environment, and unique selling propositions.
Lastly, Rich and Michael talk about ownership changes, seller finance companies, creating content for social media, abundance mindsets, and what Michael is most excited about right now.
Connect with Michael on Instagram: @melefante6**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's "Saturday Edition" episode, Rich answers top questions of the week that are sent in by our listeners.
Rich and Alex discuss why real estate investing isn’t taught in schools, high cashflow vs high growth markets, and current trends in the Airbnb and Boutique Hotels spaces.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
**Rich sits down with Karl Gorman — the founder and CEO of GLH LLC; Managing Partner of Valhalla Capital; Co Founder of Black Future Foundation and board member of The University Club Atop Symphony Towers. Karl has been recognized as Top 50 Most Influential leader and has over 20 years of Corporate American experience where he worked for a few of the largest financial institutions in the world. He’s currently working on a $3B international lending company and running several multiple million dollar real estate projects.
Rich and Karl discuss Karl’s journey with, and the intricacies of affordable housing, 1031 exchanges, Airbnbs, returns on investments, and a deep dive in Section 8 housing. They also reflect on tax abatements and tax credits, building generational wealth, capital stacking, the differences in permit processes between states, being a board member of The University Club, and Karl’s initiative to aid young black people in getting through college and learning financial literacy. Lastly, Rich and Karl talk about what an underfunded founder looks like in venture capital.
Connect with Karl on Instagram: @glh_capital**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
**Rich sits down with Tyler Deveraux -a sought-after international speaker, 9 figure Co-Founder & CEO of MF Capital Partners and Multifamily Mindset, an education company providing investors with guidance to acquire properties, and co-host of The Growthcast Podcast.
Rich and Tyler discuss their first time meeting each other, Tyler’s mom's van being repossessed, how Tyler found his first multifamily deal, and how to unlock future growth. They also talk about being in the right room, raising and protecting capital, cap rates and market forecasts, the biggest challenges of transactions, the scarcity vs abundance mentalities, how to utilize resets, cutting off and reconnecting with friends, the most inspirational figures in the real estate investment world, and how money is a tool to create relationships.
Lastly, Rich and Tyler reflect on Tyler’s experience living in Maui and his billion dollar goals.
Connect with Tyler on Instagram: @tyler_deveraux**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode, we're doing the "Saturday Edition" where Rich answers top questions of the week that are sent in by our listeners.
Rich and Alex discuss spending money to make money, the best areas in the US to invest in today, and what keeps the fire going everyday.
If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Bethany LaFlam - an entrepreneur, a seasoned deal lawyer, a mother, and a visionary. With more than 20 years of experience practicing law, Bethany has leveraged that expertise into her business life.
In her role as Managing Partner of Premier Law Group, Bethany focuses primarily on real estate syndications and funds, helping syndicators build their empires by safely leveraging OPE (Other People's EVERYTHING).
Rich and Bethany discuss Bethany’s background, how to leverage scaling businesses while following SEC guidelines, SEC Regulation A Offerings, and the differences between a 506b and 506c offering.
They also talk about what it means to find the right investor, single asset syndication businesses and building a fund, her journey in creating an AI platform on the block chain to aid investors in building a portfolio, and Bethany’s plan for her syndicated 11-unit Boutique Hotel in Belize. Lastly, Rich and Bethany review investing with the IRA model and the debt fund model.
Connect with Bethany on Instagram: @bethany_laflam
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Greg Wilson - CFO, Investor, Coach, and CPA. Greg’s career has spanned over 14 years and he’s raised over $200 million in private capital. He’s the founder of the E-commerce Accelerator, an online course and accelerator program designed to help e-commerce businesses succeed.
Additionally, Greg serves as a managing partner at Precision Financial, a firm providing accounting, CFO, and consulting services to businesses. Greg is also an enthusiastic private investor in businesses, startups, funds, cryptocurrencies, and other non-traditional investments. His previous role included serving as CEO of the Colorado Division of a national financial consulting firm.
Rich and Greg discuss Greg’s background, e-commerce, all things pickleball, and what it takes to successfully raise capital. They also talk about what it means to find the right investors, using credit in the right way, how to correctly value and exit a business, building a brand, laundromat businesses, and testosterone therapy.
Connect with Greg on Instagram: @thegregmwilson
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
On today's episode, we're rolling out a new segment called the "Saturday Edition" where Rich answers top questions of the week that are sent in by our listeners. If you have a question you'd like answered, please email info@somerscapital.com and stay tuned every Saturday to see if it's featured. We hope you like this new, interactive segment and appreciate your support + participation!
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
**Rich sits down with Chris Luna - an entrepreneur, real estate investor, host of the On the Come Up podcast, and ADU Developer. Over the last 7 years, Chris has completed over 35 transactions in the sunny San Diego market. He’s on a mission to help a million people build generational wealth through practical development and starting in their own backyard.
Rich and Chris discuss the ADU business, Chris’s first real estate deal, the rent-by-the-room model, identifying the right architect, and the biggest challenges of doing the ADU game. They also talk about marketing to foreign exchange students, airbnb’ing properties, the real estate market in San Diego, floating-rate debt, and Chris’s ADU Development course “Backyard Billionaire.” Chris also shares an anecdote about doing a 1031 into a deal.
Connect with Chris on Instagram: @chrisj.luna**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Jeff Fenster, an entrepreneur, best selling author, podcast host and expert in relationship capital. He was named a top 100 Entrepreneur in America, Top 40 Executive under 40 by the Business Journal, and a Top Entrepreneur to Follow for 2022. Jeff is also the founder of the So Cal-based superfood brand, everbowl. everbowl is nationally recognized for making healthy superfoods accessible and affordable to everyone.
Rich and Jeff discuss all-things everbowl, whether the franchise model is a worthwhile pathway, Jeff’s start in the real estate space, and how to maximize businesses by team building. They also talk about leading with value, learning to pivot, Jeff’s company WeBuild, Jeff’s 7-year-plan, and the glorification of entrepreneurship.
Connect with Jeff on Instagram: @fensterjeff
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Dominique Gunderson – a 25-year-old house flipper, real estate investor and co-founder of Gunderson Homes with her husband, Mitch. Dominique has been investing in real estate since she was 17 years old, and has built up to owning a successful real estate investment company in New Orleans, Louisiana. Between wholesaling, flipping, and buy and hold investments, she has over 80 deals under her belt and is an expert at both acquisitions and renovations. Her main focus today is long distance fix and flip investing, as she lives in Colorado while running 12+ fix and flip projects at a time in New Orleans.
Rich and Dominique discuss how her passion for real estate came to fruition at the age of 17, her start as a wholesaler, and learning to delegate in the real estate space. They also talk about the intricacies of long distance fix-and-flips, the fundamentals of flipping houses, the current rate environment, and the most important members of a fix-and-flip business.
Connect with Dominique on Instagram: @dom_flips_nola
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Jordan McDonough and Bri West – the founders of Somerled Designs. Somerled is a design firm specifically for short term rentals. Their main focus is designing spaces that help maximize their clients' cash flow and overall return on investment. They do this by studying the market, understanding customer preferences, and applying their design expertise. Somerled designs properties that produce higher revenue, attract more bookings, and stand out in competitive markets.
Rich, Bri, and Jordan discuss the importance of interior designing for short-term rentals, Somerled’s origin story, analyzing market data to maximize rental performance, and the biggest mistakes seen in design today. They also talk about target audiences, trending amenities, staging rental listing photos, the current state of the economic climate and its effects on the short-term rental space.
Connect with Somerled Designs on Instagram: @somerled.designs
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Ryan Pineda – A serial entrepreneur and the CEO of seven different 7-8 Figure businesses. In addition to that he owns 500+ rental properties, has received 500M+ views on social media, and is a retired pro baseball player. He also hosts The Wealthy Way Podcast, where he interviews top experts in business, health, faith, and relationships while sharing his own experiences.
Rich and Ryan discuss Ryan’s entrepreneurial mindset, the most successful daily routines, and the difference between a planner and a visionary. They also talk about choosing opportunities, Ryan’s ventures into acquiring companies and cars, and Ryan’s experience with peptide therapy.
Connect with Ryan on Instagram: @ryanpineda
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Ryan Pineda – A serial entrepreneur and the CEO of seven different 7-8 Figure businesses. In addition to that he owns 500+ rental properties, has received 500M+ views on social media, and is a retired pro baseball player. He also hosts The Wealthy Way Podcast, where he interviews top experts in business, health, faith, and relationships while sharing his own experiences.
Rich and Ryan discuss Ryan’s journey as a pro baseball player, being a realtor in the early 2010s, and how Ryan got into couch flipping. They also talk about how Ryan got into creating content on social media platforms, house flipping, going against conventional wisdom, and the utility of masterminds.
Part 2 with Ryan Pineda will be released on Thursday, August 31st.
Connect with Ryan on Instagram: @ryanpineda
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down with Chris Groves – a serial entrepreneur who is leading the way in the lending industry and has funded over $7 billion in loans. He and his wife, Aleyna, started Groves Capital Inc, a family-owned mortgage company with the lowest rates in the industry. Groves Capital Inc. greatest accomplishments have been growing from 2 people to 575 across 25 states in fewer than three years; creating a family feel across the company where everyone works together to help others become successful; and doing billions in volume in such a short amount of time.
Chris grew up in a small town of 942 people and started working at farms at the age of 12. At the age of 18, he left his small hometown with only $300 in his pocket and headed to San Diego to pursue his dreams.
Rich and Chris discuss Chris and Aleyna’s recent 10-year anniversary trip to Europe, what a typical Fast Lane Drive event looks like, and Chris’s prior experience as a personal trainer. They also talk about real estate lending (residential and commercial), the current and projected interest rate environment, and luxury rental properties.
Connect with Chris on Instagram: @ceogrovescapital
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest **to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.**
Rich sits down for an interview with Neil Shah – President of Inntech Management and a leader in the hospitality industry.
Neil started out as an electrical engineer in India, and at age 23, moved to California where he became a hotelier and a GM. Since then, Neil began investing in hotels and has grown to multiple properties in Arizona. Neil currently owns 7 boutique hotels.Rich and Neil discuss Neil’s fascinating beginnings in India and becoming a hotelier, the distinction between branded hotel properties and independent properties, and how to effectively cross-train staff. They also talk about becoming an investor after being in operations management, automating property processes, how the next generation views the boutique experience, and the current trajectory of interest rates.
Connect with Neil on LinkedIn: Neil-Shah-CHA
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
Rich sits down with Ryan Magin, who is pioneering the way short form content is filmed, edited & directed. He invented the subtitles all your favorite influencers use on TikTok, Reels & Shorts today. He is an advocate of creating non-niche videos to get millions of views in order to build a loyal brand that you can profit from long term. Together with his team he has grown 7 accounts (including his own) to get over 100 million views on TikTok.
Rich and Ryan discuss a wide array of topics, including Ryan's journey from professional BMX racing, to building website domains, to creating content with influencers and entrepreneurs like Grant Cardone and Ryan Pineda. They also talk about streamlining social media management teams, how Ryan met his wife, and what proper nightlife attire actually looks like.
Connect with Ryan on Instagram: @ryanmagin
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
Rich sits down with Patryk Swietek, a 26-year-old serial entrepreneur who started his first company at 14 years old making $40,000/year. He currently owns 6 properties and manages 20 for others in the Joshua Tree area. He’s become a thought leader in the STR space by putting on industry conferences, monthly meetups and a Facebook community of investors called STR Nation. He’s passionate about teaching other young people stuck in the 9-5 how to become financially free through short term rental investing.
Rich and Patryk discuss Patryk's earliest entrepreneurial inspiration, his college experience, and how to successfully scale short-rentals. They also talk about Patryk's properties in Joshua Tree, following their passions when starting to invest, and building a real estate portfolio using property management companies.
Connect with Patryk on Instagram: @patryk_swietek
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
Rich sits down for an interview with Terry Harris – Former G-League NBA Player for the Delaware Blue Coats. His brother, Tobias Harris, is an NBA Pro player for the Philadelphia 76ers.
At age 27, Terry is now the CEO of CSH Real Estate Corp, investing in luxury homes and apartment buildings in Joshua Tree and Los Angeles. He was first introduced into the world of real estate when he bought a home during his time in the G-League for $175,000, FHA 3% down, and selling it a year later for $320,000.
Rich and Terry dive into all things NBA, Terry’s history with the G-League, and Terry’s vision for his luxury homes and apartment complexes. They also talk about the wholesale process, learning from their mistakes, and the best ways to connect with property managers, contractors and architects.
Connect with Terry on Instagram: @terryharris15
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
On today’s episode Rich sits down with Blake Rocha – a reformed stock trader turned content creator to now Airbnb investor and coach. He’s the founder of BNB Profits Program and multiple other 7 figure businesses. He thrives on helping people dream bigger, create their own future, all while accumulating assets that cash flow. Rich and Blake discuss what it means to be 26 years old in the investing community, successful ways for entrepreneurs to build their social media platforms, and winning in a saturated market. They also dive into developing a healthy work mindset, investing in Airbnbs, and working in this business with family.
Connect with Blake on Instagram: @mrfourtoeight
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
On today’s episode Rich sits down with Ryan Kennedy – a Functional Medicine Practitioner, Traditional Naturopath, and Board-Certified Clinical Nutritionist who helps people improve their health through lifestyle and dietary changes. He hosts The Ryan Kennedy Show, a podcast that brings cutting edge information on health, fitness & functional medicine to improve his audience’s wellbeing in all areas of life. Rich and Ryan discuss tips on how to sleep better, how to activate sensible sun exposure, and what healthy testosterone levels look like. They also dive into which meal subscriptions are the best, reducing screen time, and Rich tries Kratom, a natural herbal medicine, for the first time.
Connect with Ryan on Instagram: @ryanckennedy
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
On today’s episode, Rich sits down for an interview with Ryan Bakke – Real Estate Investor and CPA for over 200 Real Estate Investors. Ryan has a background in Accounting and Finance and previously worked at Deloitte for two years. Through his education business @LearnLikeACPA, he has educated thousands of investors on different ways that they can become tax smart. Ryan's investment portfolio consists of small multifamily, short-term rentals, campgrounds & RV parks. Rich and Ryan dive into all things RV Parks, Ryan’s history in accounting and as a CPA, and the importance of delegating tasks to reach your "Genius Zone". They also talk about recent updates to investing, potential bonus depreciations, rate hikes, and why a 401k can only get you so far.
Connect with Ryan on Instagram: @learnlikeacpa
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
**On today’s episode, Rich sits down with special guest and local San Diego resident, Chasen Nick. Chasen grew up in the Bay Area, was a D1 swimmer in college, and then ultimately ended up in San Diego where he worked in the recruitment industry for 9+ years. After hitting a ceiling in his 9-5 during Covid, he was asked to be a contestant on The Bachelorette. After his time on the show, he’s transitioned into solar energy, and now he’s focused on leveraging his network to build a referral partnership across different verticals. Rich and Chasen talk about his experience on The Bachelorette, what the casting process was like, and his key takeaways from being on a reality show. They dive into what his life looks like now, the process of building his book of business in the solar industry, and the importance of your network building into the future.
Connect with Chasen on Instagram: @chasennick**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich sits down for an interview with Jack McColl, the “King of Debt” – Jack, the founder of Credit Stacking, scaled from zero business credit to $500k in approved credit in just over 1 year, which he’s used to fund a variety of new businesses and investments. He now teaches his unique framework to over 2,000 entrepreneurs, helping them get access to hundreds of thousands of dollars of 0% interest capital so they can start a business, scale a business, or finance any type of investment. He shows others how to optimize their credit profile and make themselves look attractive to lenders without showing any financials, including tax returns, bank statements, or verified income. Rich and Jack dive into exactly what the underwriters are looking for, the importance of bank relationships, and tips for building those relationships. They discuss the specific banks you want to prioritize building a relationship with, which credit card companies are the easiest to get funding from, and a few major hacks for transferring your limits on 0% credit cards. Jack shares a few key tips for luxury travel using points, and leaves the listeners with some tangible strategies for optimizing their personal credit profile.
Book a call: https://go.creditstacking.com/schedule Connect with Jack on Instagram: @kingofdebt
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
**On today’s episode, Rich sits down for an interview with Clement Connor – CEO & Founder of Fast Lane Drive, an exclusive exotic car club with locations in Los Angeles, San Diego, Scottsdale, Las Vegas, Miami, Austin, Monaco, and Washington DC. They’ve cultivated a community of individuals who love driving their cars, meeting like-minded enthusiasts, and giving back to their community. Clement is also the COO and Co-Founder of Smartboost, a San Diego-based marketing agency specializing in AI-powered marketing strategies. Rich and Clem dive into the history of the car club, how the idea came to fruition, and the 3 major requirements to be considered for the club: 1.) Be a good human being. 2.) Be respectful to women. 3.) Make it a priority to give back. They also talk about his marketing company, Smartboost, and the importance of having multiple different businesses that connect full-circle.
Connect with Clement on Instagram: @clemcnr**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
On today’s episode Rich sits down with Rafa Loza – short-term rental & boutique hotel investor, who’s made his mark in the hospitality and short-term rental industry over the past six years. Originally leveraging an arbitrage model, Rafa seamlessly transitioned into boutique hotel operations, his entrepreneurial spirit fueling his growth. He now owns and operates a large-scale hospitality brand, managing over 72 short-term rentals and a boutique hotel, with his portfolio growing month after month. Rich and Rafa discuss the business plan for his boutique hotel, different lending options, how he found investors for that deal, and a breakdown of the renovation package. They dive into how Rafa got into real estate investing, an overview of the structure of his team, and some tips for new investors looking to get into the game.
Connect with Rafa on Instagram: @itsrafaloza
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
**On today’s episode, Rich sits down for a conversation with Jonathan Yoo and Dustin Rosenberg of Convoy Home Loans. They do a deep dive into what’s going on in the market and the current interest rate environment. They discuss unemployment numbers & large company layoffs, tips for investors looking to get a DSCR loan, and some insight on how to make your appraisal process go smoothly. They also talk about different lending options for ADU’s, Rich’s “3 Immutable Laws of Real Estate Investing”, and where they predict things will settle down in Q3 & Q4.
Dustin and Jonathan are the owners of Convoy Home Loans, the #5 ranked broker for Non Qm in the nation and #6 overall volume broker in the nation. When they started Convoy, they made it a purpose to have programs that catered to investors and clients of higher net worth. They grew their brokerage in the last 2.5 years and have funded over $1 billion in loans as a team. Dustin and Jonathan are the company’s owners but also the top producers. Their goal this year is to expand the company further and take advantage of the slower market by capturing as much market share as possible. They're passionate about helping investors grow their portfolios using creative financing options.
Connect with Jonathan & Dustin on Instagram: @convoy_homeloans**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
**In today’s episode, Rich sits down for an interview with special guest Lisa Song Sutton – real estate investor and entrepreneur with a family office of $60M AUM. Lisa is former Miss Nevada, and now she's found a creative way to make $2 million a year through mailboxes. With a background in business litigation, Lisa began her career working in a top Las Vegas law firm before launching and scaling several companies across various industries including real estate, food and shipping retail. As the daughter of a USAF Vietnam War Veteran, Lisa is a strong advocate for the veteran community. She is currently a General Partner of The Veteran Fund, a $20M pre-seed venture capital fund that invests in veteran-led and military-spouse-led companies. Rich and Lisa discuss how she got started in the mailbox business, her current ventures in the real estate investment space, and key tips for entrepreneurs to stay focused with so many different distractions. They also dive into how her time as Miss Nevada allowed her to make such an impact in her community and led to many strong business connections & relationships that she still has 9 years later.
Connect with Lisa on Instagram: @lisasongsutton
Find more information about Lisa at www.lisasongsutton.com**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
**In today’s episode, Rich sits down with special guest Blake Dailey. Blake is a boutique hotel and STR investor as well as an active duty Air Force officer. He started investing in short-term rental houses with ADUs and scaled quickly into commercial real estate. After surpassing his W2 income with his cash flow, Blake pivoted to commercial multifamily and syndicated his first large apartment deal. Combining his experience with raising money, doing commercial deals, and BRRRRing STR properties, Blake jumped into commercial short-term rentals with converting run-down hotels/motels into renovated boutique hotels. Blake has bought a $20M portfolio of apartments, 5 boutique hotels, and a mix of short-term rentals homes across California, Florida, and Utah. Rich and Blake dive into their similar paths from government workers to investors, the opportunities within the boutique hotel space, and key advice on the operations/management side of the business.They also talk about the importance of aligning yourself with those that will help and encourage you grow to your full potential.
Connect with Blake on Instagram: @blakejdailey**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich sits down for an interview with Omar Alfaro – wholesaler, flipper, real estate broker & investor with 21 years of experience in the real estate space. He discusses the various aspects of his business, including buying & flipping houses, holding rentals & STRs, and developing property. They talk about the impact of the current interest rate environment on the real estate industry, the concept of “buying properties deeper”, and their thoughts on people being property rich but cash poor. Omar shares valuable tips for beginners interested in house flipping, such as finding deals at significant discounts and establishing relationships with sellers for off-market opportunities. They also dive into how to determine which deals to hold and which ones to flip, the Airbnb revenue collapse, and the importance of taking care of your database.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich is doing a deep dive into the current “Airbnb Revenue Collapse” that’s been sweeping the internet and social media. He challenges the questions – Is it real? Where did these facts come from? Is it the best time to get into this asset class? He pulls up some live data to compare the actual numbers with those that are being posted online, and also gives the listeners some key tips for doing their own research in order to find successful short-term rentals.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
**In today’s episode, Rich is joined by special guest, Will Grimes, visiting us from Denver, Colorado. Will spent just under 10 years inside of the Marine Corps, then went on to serve his community as a police officer. After police work, Will ventured into entrepreneurship and now he’s a team owner in real estate and owns multiple 7-figure YouTube businesses. From his military mindset and leadership skills, he leverages educating others through YouTube and focuses on bringing value to his audience. Rich and Will dive into how his background led him to where he is today, speaking your truth even if it goes against the popular opinion, and finding your purpose as an entrepreneur. They also talk about the importance of establishing an online presence to provide value to others with no obligation for someone to call or buy a service.
Connect with Will on Instagram: @will_grimes**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
**In today’s episode, Rich is joined by Vinny Lingham – tech investor, serial entrepreneur, and groundbreaker in the AI space. Vinny was born and raised in South Africa, studied at the University of Cape Town, and in 2003 started a business in his bedroom that quickly became one of the leading technology companies in South Africa. He moved to California in 2008, and has been grinding and building different companies ever since. Rich and Vinny discuss the key to success for those wanting to start their own businesses, today’s interest rate environment, their thoughts on inflation, as well as the recent bank collapses. Vinny also talks about his company, Waitroom, a video conferencing platform powered by AI and how he feels it will affect the labor force in the next 12 to 18 months. He shares which job functions he predicts will be replaced by AI and a few key takeaways on how we can adapt and use the technology to our advantage moving forward.
Connect with Vinny on Instagram: @vinnylingham**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich sits down for an interview with Jorge Contreras – short-term & mid-term rental investor, ground up developer, and Airbnb arbitrage & purchasing coach. Since 2017, Jorge has been operating short-term rentals, and this year he closed on his first ground-up development project. Before real estate investing, he and his wife were working long hours at their day jobs, and he was determined to find a way to financial freedom. Now he’s been able to retire himself, his wife, and his mom, and he’s passionate about helping others break free from the 9-to-5 shackles so they can do whatever is aligned with their purpose and what they were born to do. Rich and Jorge discuss key plays right now in the high interest rate environment, their responses to those that discourage investing in California, and the government & school system’s goals of creating employees. They talk about the importance of mindset and surrounding yourself with the right people instead of “dream killers” in order to become the greatest version of yourself and reach your full potential.
Connect with Jorge on Instagram: @thejorgecontreras
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich dives into the 401K and IRA systems – the good, the bad, and how you can use them to invest in real estate. He discusses a recent article that reports the average 401K balances for Americans and whether that’s enough for retirement in today’s economy, given inflation and other factors. He talks about some of the downsides including the risk of 401K’s losing their value, as well as a few pros to the system, such as being a good way to save and company matching incentives. Rich also gives the listeners a few different options on ways to invest into real estate in order to grow your money at a faster rate.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In part 2 of Rich’s interview with Spencer Cornelia – Real Estate Investor, “House Hack King”, and YouTuber from Las Vegas, they dive deeper into his YouTube channel that boasts 485k subscribers and brings in $300k a year. They talk about one of the videos he created on Why NBA Players Go Broke, and the reasons why these athletes would be way better off putting their money into real assets. Spencer shares about his most viral video with 200M+ views, a few secrets on how he discovers his information during due diligence, and the key to putting a successful video on YouTube. They also discuss current controversy surrounding Grant Cardone and Spencer’s motives & incentives when creating a video that exposes someone.
Follow Spencer on Instagram: @spencercornelia1
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich sits down for an interview with Spencer Cornelius – Real Estate Investor, “House Hack King”, and YouTuber from Las Vegas. Spencer got into real estate investing in 2015 when he moved to Vegas from Oakland and met a buddy who rented out rooms in his place in order to live for free while also generating some additional cash flow. He then discovered the concept of house hacking through the Bigger Pockets forums and bought his first condo. They dive into Spencer’s experience flipping houses and losing a bit of money with the wrong contractor, dipping into the midwest markets, lessons learned and what he would have done differently on those flips. They discuss advice for listener’s looking to do their first house hack, techniques for finding great tenants & setting boundaries, and the complexities of landlord-tenant laws. Spencer also shares the craziest roommate story he has (one of the many) which ended with cops and handcuffs.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
On today’s episode, Rich sits down for an interview with good friends and key players in the short-term rental space – Craig Gerulski & Matt Floyd. They built a portfolio of 30+ properties while working full-time careers, and recently both just left their day jobs to pursue building their thriving business. They discuss officially being free from their W-2 jobs and the 3 models they use for their business: they both own their own properties, they started a rental arbitrage company, as well as a management company. They share some great advice on different strategies they use to grow their business by bringing in additional properties and driving revenue. Craig and Matt are passionate about helping others learn how to create a passive income stream and gain financial freedom & time freedom. They dive into their favorite markets, the concept of saturated markets, and advice for someone new who’s looking to pick up their first short-term rental.
Connect with Craig & Matt: partner@stayclassyhomes.com / 619-738-6199
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich sits down for an interview with Michael Porche – former firefighter turned real estate investor and owner of a thriving short-term rental business. Michael is in San Diego preparing for his first live event, STR Legacies Live, from June 2-4 in which Rich will be speaking on Boutique Hotels. They discuss Michael’s difficult transition from being a firefighter into the real estate investing world, the growth of his short-term rental business & portfolio, and the excitement around hosting his live event. They dive into the recent acquisition of Michael’s first boutique hotel, the importance of “failing fast” and learning from those failures, and the most rewarding aspect of being an entrepreneur. Michael touches on his anticipations and plans for the upcoming year, and the concept of “your network is your network”. He also gives some valuable advice on surrounding yourself with like-minded individuals in the industry.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich sits down for an interview with Andrew Greer, local San Diego realtor and real estate developer with a team of 30 agents who specializes in infill development and value-add projects. Andrew has a background in home construction and flipping houses, but was inspired by the IRS to protect his money and decided to pivot from flipping to buy-and-hold investments. They discuss the paint points of building & selling new construction, office buildings, ADU permitting process timelines, and Andrew’s current projects. They also talk about his ideal unit mixes and do a deep dive into the San Diego market.
Connect with Andrew in Instagram: @realtyentrepreneur
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich sits down for an interview with very special guest Grant Cardone – CEO of Cardone Enterprises and Cardone Capital. Grant owns and operates seven privately held companies and has a real estate portfolio worth over $4 billion. They dive into a wide range of topics in their conversation, and nothing is off limits. Rich and Grant discuss the concept of inflation and the government’s role in printing money. They also touch upon the recent bank collapses and the Federal Reserve’s bailout of these institutions. Grant shares his experience of living in San Diego and doing his first deal in Vista, highlighting his mindset at the time and tips for shifting to an abundance mindset. They also talk about the biggest real estate deal he’s undertaken and a humorous story about running into Gavin Newsom at a recent event. Grant provides advice on how to navigate the current real estate climate, and his feelings on buying single-family homes. He also touches on the concept of his “10X Health” program, his new upcoming TV shows, and his experience homeschooling his two daughters. Grant even hints at the possibility of running for president in the future.
Connect with Grant on Instagram: @grantcardone
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
On today's episode, Rich sits down for an interview with Jessie Rodriguez, the star of HGTV's Vintage Flip. With a decade of experience in house flipping and a portfolio of over 300 properties, Jessie shares his insights and expertise in the world of real estate investing and flipping. Rich and Jessie discuss his strategies for finding lucrative properties, navigating the permitting process, implementing renovation strategies, and ADU value-add opportunities. They also dive into Jessie’s other projects beyond flipping, such as restoring old packing houses while preserving their historical elements in urban development.
Connect with Jessie on Instagram: @jessierodriguez
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
**Serial entrepreneur and former professional skateboarder, Mikey Taylor is the President and Managing Principal of Commune Capital, a private equity firm that invests in commercial real estate. After a successful 14 year skateboarding career, Mikey began the transition into entrepreneurship and business building, when he recognized an opportunity in the emerging craft beer industry. He utilized his marketing experience from skateboarding to co-found Saint Archer Brewery. In part 2 of their interview, Rich and Mikey discuss his pivot into commercial real estate investing, raising money for funds vs. syndications, self-storage, multifamily and ground-up development. They dive into how Mikey built his business, Commune Capital, strategies with investors, and some of the biggest risks he faces with his projects. Mikey also shares what he’s most excited for in 2023 and his biggest motivation for getting out of bed in the mornings.
Connect with Mikey on Instagram: @mikeytaylor**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
Serial entrepreneur and former professional skateboarder, Mikey Taylor is the President and Managing Principal of Commune Capital, a private equity firm that invests in commercial real estate. After a successful 14 year skateboarding career, Mikey began the transition into entrepreneurship and business building, when he recognized an opportunity in the emerging craft beer industry. He utilized his marketing experience from skateboarding to co-found Saint Archer Brewery. In part 1 of their interview, Rich and Mikey discuss what it was like growing up skateboarding and going pro, his experience starting Saint Archer Brewing, and some key takeaways on building a successful business. Mikey also shares a hilarious story of a recent viral video with 2 skateboarders bringing their concerns to him at a City Council Meeting.
Connect with Mikey on Instagram: @mikeytaylor
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich sits down for an interview with multifamily investor and best-selling author, Dre Evans. Dre has a very unique and different story than most – he grew up in the streets of Chicago and joined a gang when he was 12 years old, where his initiation was participating in a drive-by shooting. Eventually he and his triplet brothers decided to pave their own path and joined the U.S. Navy Academy. Today Dre is a successful real estate investor and national best-selling author, recently releasing his third book – Prove Them Wrong. Rich and Dre discuss his experience growing up, how he got into multifamily, and what it was like buying his first deal. They dive into permitting processes, short-term rental licenses, and both of their passions of mentoring youth.
Connect with Dre on Instagram: @drmultifamily
Check Out His New Book: Prove Them Wrong
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today's episode, Rich discusses why you can't "save your way to wealth" and the importance of utilizing leverage to get ahead. He dives into several examples of different forms leverage, including buying real estate deals, investing passively in real estate syndications or funds, creating social media content, hiring an assistant, and the ability to raise & multiply money. Rich also talks about why it's a good idea to hire out certain tasks in order to reallocate the time saved and focus on higher producing activities.
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
**In today’s episode, Rich sits down for an interview with host Avery Carl on her podcast, The Short Term Show. They discuss “the marriage of multifamily and short-term rentals”, the reasons behind Rich shifting his focus to boutique hotels, and his experience buying his first one. They talk about the way the deal was structured with investors, what gave him the confidence to move forward with this particular deal, and the specific criteria he’s looking for when purchasing boutique hotels. He also shares the advice he’d give 20-year-old Rich, if he knew then what he knows now.
Connect with Avery: @theshorttermshop**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich sits down with Jesse Vasquez – mid-term rental mentor, investor, and host of the Mid-Term Rental Summit in San Diego. After 18 years in corporate sales training and leading million-dollar healthcare teams, he left his 6-figure W-2 healthcare sales management career to go all-in on real estate investing and his co-hosting, property management, and consulting businesses. He realized there was an untapped niche for traveling clinicians in the mid-term rental space, so he decided to dive straight in. Rich and Jesse discuss the importance of understanding your market, first steps for someone new wanting to get into mid-term rentals, and landlord-tenant laws in California. They do a deep dive into the types of properties produce the most cashflow, the different lending options available for this asset class, and the reason why we’re seeing so many healthcare professionals feeling burnout.
Connect with Jesse on Instagram: @therealjessevasquez
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
**In today’s episode, Rich sits down for another interview in the Scottsdale Speakeasy with Pace Morby – creative real estate investor, expert in “subject to” and host of A&E’s Triple Digit Flip TV Show. Pace is the founder of Subto, a thriving real estate education program and community that teaches creative financing strategies to real estate investors of all experience levels in order to do deals without cash, credit, or credentials, and also has a bestselling book, Wealth Without Cash, that was recently released with BiggerPockets. Rich and Pace discuss the different projects he’s focusing on in 2023, how he’s scaled his business & delegates roles, and his innovative methods for convincing sellers to sell their properties to him despite failed attempts by agents. They dive into the most effective ways to find sub to deals, their predictions for the market’s future, and why “real estate is a gateway into thousands of opportunities”.
Connect with Pace on Instagram: @pacemorby**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
**In today’s episode, Rich sits down in his Scottsdale Speakeasy for an interview with Kara Beckmann – real estate investor & luxury designer based in Arizona. Before she got into real estate investing, Kara went to culinary school and started saving money to open her own bakery. She’s a true creative and had a dream of owning her own wedding cake shop, but after working in the restaurant industry for many years it became very repetitive. Kara had the realization that “maybe she could do to a house what she used to do to a cake” and started flipping houses. Rich and Kara talk about her experience finally quitting her day job, diving straight in without really knowing what she was doing, and what her typical deals & projects are like today. They discuss trending designs for 2023, new developments she’s getting into, her passion for music and recently released songs. Kara also shares a few of her biggest mistakes and advice for someone new wanting to get into their first flip.
Connect with Kara on Instagram: @beckmannhouse**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
**In today’s episode, Rich sits down for an interview with Adrian Hernandez – real estate entrepreneur who has flipped over 250 homes and wholesaled over 400 deals. Adrian has a passion for helping real estate agents and helps them become investors. He owns a brokerage that supports everything he’s doing – the wholesale, the flipping – and believes it's all one big ecosystem. Rich and Adrian discuss what it takes to make it in the real estate world, and give some great advice to anyone looking to get into the business. They dive into “the nine degrees of wealth” in real estate, some of the best marketing strategies & tactics, and he even shares the craziest experience he’s had with a homeowner when door-knocking.
Connect with Adrian on Instagram: @adrianhernandez**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
**In today’s episode, Rich sits down for an interview with Douglas James – a US Navy Veteran who now invests in self-storage facilities and builds & sells digital marketing businesses to entrepreneurs and investors. Doug is in the brick and mortar lead generation space and owns a successful $30M/year coaching business. Rich and Doug talk about his background and time spent in the Navy and how it led him to where he is today. They dive into his strategy partnering with fund managers to solicit and gather accredited investors by setting up online campaigns to drive traffic to webinar funnels. They also discuss investing with crypto and where they see the future with digital currency.
Connect with Douglas on Instagram: @the_douglasjames**
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich sits down for an interview with Brad Rice – Founder and CEO of Amerifund Home Loans, a nationally recognized mortgage company and Homepie, a groundbreaking and disruptive online marketplace that enables anyone to sell their own home without paying excessive real estate commissions. During his 30-year career, Brad has scaled, owned, and operated several successful mortgage companies, an escrow company, a real estate brokerage, and real estate investment groups. Rich and Brad discuss Brad’s background in the mortgage business, what it was like for him during the 2007-2008 crash, how he got the idea to start Homepie, and his motivation behind building a technology that’s “like TurboTax for tax returns, but for real estate.”
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Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
**In today’s episode, Rich sits down with special guest Lauren Fisher – 8x CrossFit Games athlete, real estate investor, and founder of Grown Strong, an online fitness community for women. When she’s not busy training, competing, or hosting fitness retreats, she enjoys learning about & investing in real estate with her husband and family. Rich and Lauren talk about how she first got started with CrossFit, what it was like growing up with three older brothers, the part they played in her becoming the strong woman she is today, and inspiring others to overcome obstacles. They discuss the San Diego real estate market, Lauren’s upcoming CrossFit Games (going for her 9th year), and some of the craziest experiences she’s had competing at past competitions.
Connect with Lauren on Instagram: @laurenfisher**
Use Code: GSFIT50 for 50% off Lauren’s Fitness Community: https://grownstrong.com/
More About Lauren: https://lauren-fisher.com/
Book a Room at Lauren’s Family Vacation Home in Nicaragua here: https://ranchosantana.com/accomodation/casa-linda
Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich sits down for an interview with hotel & short-term rental investor, TJ Tijani. Before getting into the real estate space, TJ was working as an engineer on offshore oil rigs when he started educating himself and learning about real estate investing. His original goal was to have 10 single-family homes then retire, but his circumstances changed and he decided to go all-in on real estate investing. He focuses on building relationships, and today he’s doubling down on boutique hotels and properties with multiple units in one location. Rich and TJ discuss the intersection of creative financing and short-term rentals, flagship hotel requirements, and converting apartment complexes into boutique hotels. They talk about pursuing what you’re truly passionate about in life and give some advice to new investors looking to leave their day job and make the jump into real estate. // Connect with TJ on Instagram: @tjtijani
Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich sits down with Mark Simpson, founder of Boostly – a company that gives hosts and property managers the tools, tactics, and training to increase their direct bookings. Mark is from the UK and grew up in the hospitality industry, which is where his passion began for helping other hosts. Rich and Mark talk about the importance of building your business using your own direct booking platform, and not fully relying on Airbnb, Booking.com, Expedia, or other platforms. They discuss building relationships and partnerships locally and nationally, the role SEO plays in your property’s performance, how to convert a “looker into a booker”, and the future of Airbnb along with a few key changes they’ll be rolling out soon. // Connect with Mark on Instagram: @boostlyuk / Website: https://boostly.co.uk/
Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich sits down in Nashville with up-and-coming country music star, Todd Cameron. They first met a couple months ago, when Todd was in San Diego for a show and connected with Rich to discuss real estate investing. Todd is a small town guy with country & rock roots from West Virginia, who moved to Nashville to pursue his music career after touring with Brett Michaels from Poison. They talk about how he got his start & rise in country music, the feeling of hitting rock bottom, and how he shifted his mindset to pull him back up again. He discusses breaking up with his previous band members to do his own thing, along with the pressure and motivation when everything is riding on your shoulders. They dive into what it takes to make it in the music industry, the importance of your fan base, and a near-death experience that completely changed Todd’s outlook on life. // Connect with Todd on Instagram: @toddcameronmusic / Listen to his Music on Spotify and Apple Music
Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.
In today’s episode, Rich sits down with Marc Hostovksy – Founder & CEO of Minoan, an all-in-one procurement and retail platform for the short-term rental industry. After spending nearly 6 years working at Jet.com and then Walmart (acquired Jet.com in 2016) managing a $400M business, he quickly realized that the best product experiences don't happen on screens or shelves, they happen in real moments of use. Marc believes hosts and hospitality professionals should be seen as marketing partners instead of customers, and he’s passionate about connecting hosts with brands, creating a centralized place to manage everything they need to order, and transforming their properties into a shoppable, revenue driving experience. Rich and Marc discuss the balance of art & science with your STRs, the importance of design as well as operations, and one crucial item you should splurge on for your property. They dive into Marc’s experience raising money for his business and his plan for Minoan moving forward. // Connect with Marc on Instagram: @minoanexperience
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
Today Rich sits down in Nashville for an interview with Avery Carl – CEO and founder of The Short Term Shop, a real estate sales team that specializes in helping investors locate, analyze, and acquire profitable short-term rentals in the top vacation rental markets around the country. Avery is a strategic investor herself and currently holds 250 doors, including short-term rentals as well as buy-and-hold single-family & multifamily properties. Rich and Avery discuss the high interest rate environment and how it’s affected the short-term rental industry, the “Airbnb Boom + Airbnb Bust”, and why your style of management matters just as much as the property itself. They dive into diversifying your portfolio, the importance of managing your time between business & family, advice on key markets for new investors, and where she’s putting her money in 2023 moving forward. // Connect with Avery on Instagram: @theshorttermshop
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich sits down with Serg Lupescu, who specializes in investing in assisted living facilities and behavioral health properties in Arizona. They discuss how he got his start in this niche market — from majoring in nursing and deciding it wasn’t for him, then moving to Arizona to open his own facility. They dive into the operations of these properties, the challenges faced throughout the pandemic, criteria that he looks for when searching for properties to convert, and the lending options for these types of deals. Rich and Serg also talk about the current situation with the banks collapsing and the importance of diversifying your investment portfolio. // Connect with Serg: sergiulupescu1@gmail.com
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode Rich sits down with Maxwell Ventura – a local residential Broker Associate who specializes in working with new investors for single-family residences up to the 4-unit range. He focuses on value-add opportunities for his clients, including renovation plays, adding additional units, and leveraging the non-optimized zoning on a given parcel of land. They dive into the ADU permitting process, California Coastal Commission Zoning, bonus density, and creative ways of utilizing lot codes to maximize potential. Rich also shares what his exact strategy would be if he was a new investor, to live for free while still creating equity and cashflow. // Connect with Max on Instagram: @maxwellbventura / Email: maxwellbryan.realty@gmail.com / Phone: (619) 944-2580
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich sits down for a conversation with Emmett Cahill – Commercial Real Estate Broker and Vice President of QFC Real Estate in Downtown San Diego. Emmett is a local Little Italy resident, and was actually the broker who assisted Rich in finding the space that is now home to Somers Capital Headquarters and the podcast studio. They talk about how retail, office, and industrial spaces are bouncing back after the pandemic, and whether or not the shift to work-from-home is here to stay. They dive into tenant improvement allowances, co-working spaces, HOA fees, and leasing vs. buying your office space. Emmett is passionate about helping people find spaces for their businesses, and would love to help you if you’re in the Southern California area. // Connect with Emmett: ECahill@qfcre.com
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s bonus episode, Rich highlights an asset class he’s currently focused on buying and why he’s bullish on it. He goes over the reasons why he’s shifting his focus from Airbnb’s and multifamily, even though he owns both short-term rentals and multifamily real estate. Rich dives into regulations, competition, and the natural progression to the next big thing.
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich sits down for an interview with Brad Lea on his Dropping Bombs podcast. They talk about how Rich got his start in real estate investing, from his 11-year career as an air traffic controller to cashing out his 401k to buy his first deal. They dive into the business model & focus of Somers Capital – buying Boutique Hotels that are tired but well-located, fully renovating, re-branding & re-launching these properties, then managing the hotel with their in-house team. Brad & Rich discuss raising capital, structuring deals with accredited vs. non-accredited investors, and possibly even doing a deal together in the near future. // Connect with Brad on Instagram: @therealbradlea
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich sits down with Dr. Jordan Feigenbaum of Barbell Medicine – a company he started in 2012 that brings the best of modern medicine together with strength, conditioning, and nutrition. After going to medical school, he noticed a disconnect between modern medicine and the fitness industry and saw a need for joining the two together. As a business owner and entrepreneur himself, he shares some useful everyday tips on fitness & nutrition for busy professionals. Rich and Jordan discuss contributing to your “physical 401(k)”, setting realistic expectations, why certain behaviors stick, and the importance of your health & mindset in order to level up in life. // Connect with Jordan on Instagram: @jordan_barbellmedicine
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
CPA by day and real estate investor by night, Amanda Han is a tax expert who helps entrepreneurs and real estate investors save money. When she’s not busy helping others with their taxes, she’s looking into the numbers to help leverage her own real estate portfolio. On today’s episode, she shares a wealth of knowledge on the best tax strategies and incentives for short-term rentals, multifamily, tips for W-2 employees, and passive investing in syndications. Rich and Amanda also do a deep dive into 1031 exchanges, 401(k)s, and self-directed IRAs. Connect with Amanda on Instagram: @amanda_han_cpa
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich sits down with up-and-coming real estate investor and operator, Michael Garcia, who owns and controls $70M worth of multifamily apartments. Previously he worked as a bond trader in Chicago, where he started educating himself on real estate during his downtime. One day out of the blue, his CFO shut the business down and Michael decided to take the leap into real estate investing. They talk about what his portfolio looks like today, the key to getting off-market deals, and the types of assets & markets he’s targeting. They discuss the 506(b) & 506(c) models of structuring deals for investors, advice for new investors just getting started, and the biggest influences in Michael's career.
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
Justin Spaulding is arguably the top multifamily operator under the age of 35, and owns a portfolio of 1,800+ apartment units. In part 2 of Rich & Justin’s interview, they talk about a couple different refinancing scenarios they’re going through right now, interest rate caps and recaps, and the different types of investors they decide to work with or sometimes not work with. They discuss how you can get creative with seller financing, and Justin shares a specific story about a deal where the seller might actually be cutting him a check at closing. Connect with Justin on Instagram: @justinspaulding
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich sits down with Justin Spaulding – arguably the top multifamily operator under the age of 35, and owns a portfolio of 1,800+ apartment units. They talk about how he’s sourcing his deals and having success finding off-market properties given the current interest rate environment. Justin shares how he went from playing college football and having no idea what he wanted to do afterwards, to getting his start in real estate. They dive into Justin’s family life and striving to be successful in all areas of life (not just business), as well as the importance of prioritizing your health. They discuss the markets Justin is targeting, the operations within his company, and the lessons he’s learned as he’s scaling his business.
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich sits down with our very own Jennifer Bube – she’s worked with Rich since day one and helps manage all the boutique hotels & short-term rentals in the Excelsior Stays portfolio. They talk about how they first met & started talking about real estate investing which led to Jennifer and her fiance, Mark, buying their first short-term rental in National City. Jennifer shares some of the things they did to maximize the property by splitting it into multiple listings, as well as some of the biggest challenges they’ve faced. They discuss what it was like when she first started working with Rich, and some insight on the transition from managing & operating single-family listings to boutique hotels.
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich sits down with Frankie V – San Diego’s TV and radio personality, and host of Channel 933 in the mornings. They talk about how he got started in radio, what he and his brother are up to in the real estate space, and today’s market. Rich shares an update on the current Little Italy Boutique Hotel deal, the challenges that have come up, and how he’s gotten creative to solve them. They also discuss the success of the San Diego Padres, and Frankie shares a story about a DM from Rihanna asking for advice on performing at the Super Bowl. Connect with Frankie V on Instagram: @frankievizzle
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich highlights three key things he would do if he was starting all over from zero – with no real estate, no net worth…but with the knowledge that he has today. He shares some great advice with the listeners on how to get your feet wet in real estate investing by putting in your time or “sweat equity”, and without requiring a ton of capital.
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In part 2 of Rich’s interview with Short Term Rental & Airbnb Investor, and Host of the BiggerPockets Rookie Podcast, Tony Robinson, they talk about their experiences with masterminds, connecting with different types of people from varied backgrounds, what Tony is up to today & his long-term goals. He shares a story about a deal in Big Bear that ended up falling through and his biggest takeaways from that experience, as well as structuring deals with accredited vs. non-accredited investors. They also dive into short-term rental regulations & restrictions, advice for getting an STR license, the structure & operations of Tony's team, and what is his “why” in life. Connect with Tony on Instagram: @TonyJRobinson
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
Today Rich sits down with Short Term Rental & Airbnb Investor, and Host of the BiggerPockets Rookie Podcast, Tony Robinson. They talk about how he transitioned from his full-time W2 job with Tesla, to managing short-term rentals and building a business with his wife, Sara. They dive into how Tony decides what markets to invest in, tips for updating your Airbnb listing to drive occupancy, as well as cleaning fees and pricing strategies. They also discuss what it’s like working with your spouse, starting their STR Summit, and Tony shares the story of how he became the host of the BiggerPockets Rookie podcast. Connect with Tony on Instagram: @TonyJRobinson
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich highlights the three criteria he looks for when buying real estate and gives some specific examples on how you can apply these rules & principles in your own real estate journey. He shares a few stories on personal deals he’s done, including his very first deal in Cincinnati and what he learned from that experience.
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In part 2 of Rich’s interview with Jonathan Yoo and Dustin Rosenberg of Convoy Home Loans, they discuss hard money loan products and some tips & advice for the listeners on these types of loans. They do a deep dive into a couple of Rich’s personal deals, and they go over the best lending options for those particular situations & scenarios. They also talk about their recent experiences with appraisals in the current market. Connect with Jonathan & Dustin on Instagram: @convoy_homeloans / Email: jonathan@convoyhomeloans.com + dustin@convoyhomeloans.com
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich sits down with two of the best lenders in the industry, Jonathan Yoo and Dustin Rosenberg of Convoy Home Loans. They discuss interest rates in the investor space vs. the conventional space, QM and Non-QM products, and why they started their own business & got into the lending industry. They also talk about their experience funding Rich’s luxury Airbnb in Scottsdale (with no debt-to-income ratio and no tax returns). Connect with Jonathan & Dustin on Instagram: @convoy_homeloans / Email: jonathan@convoyhomeloans.com + dustin@convoyhomeloans.com
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich sits down for an interview with Antoine Bethea, 14-year retired NFL Vet, Super Bowl XLI Champion, and 3-time NFL Pro Bowler, along with Antoine’s right hand man Adam Vaughn. They discuss his time spent in the NFL, what he wish he would have known back then about real estate investing, and what he’s up to now in business & the commercial real estate space. They also talk about the power of social media, and Antoine shares what really goes down at the NFL Rookie dinners.
**Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In part 2 of Rich’s interview with Mike Sjogren and Emanuele Pani on their Short Term Rental Secrets podcast, they dive deeper into the Somers Capital business model and their return profile for investors. They give some advice on underwriting and analyzing deals, and talk about the importance of keeping it simple & being transparent. “A confused mind doesn’t act.”
**Connect with Rich on Instagram: @rich_somers
We’re giving away cash prizes, free swag, and tickets to our yacht meetups in San Diego. To qualify, all you need to do is leave a review and send a screenshot to giveaway@somerscapital.com for your chance to win!
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In Part 2 of this interview, Kenny & Krystle Simpson share their experience on starting a property management company, the challenges that come with it, interest rates, their 2023 forecast, and where they see opportunity over the next 12-18 months. Connect with Kenny & Krystle on Instagram: @kennybsimpson + @krystlersimpson / Email: kenny@simpson-team.com + krystle@pacificshorecapital.com
**Connect with Rich on Instagram: @rich_somers
We’re giving away cash prizes, free swag, and tickets to our yacht meetups in San Diego. To qualify, all you need to do is leave a review and send a screenshot to giveaway@somerscapital.com for your chance to win!
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
On today’s episode, Rich is joined by two of the best in the industry - Kenny & Krystle Simpson of The Simpson Team & Pacific Shore Capital. They share their insight on what’s going on in today’s economy, the federal reserves, interest rates, and discuss what’s happening in the market. They dive into the pros and cons of real estate investing in California compared to other areas, and where they see opportunity in 2023. Connect with Kenny & Krystle on Instagram: @kennybsimpson + @krystlersimpson / Email: kenny@simpson-team.com + krystle@pacificshorecapital.com
**Connect with Rich on Instagram: @rich_somers
We’re giving away cash prizes, free swag, and tickets to our yacht meetups in San Diego. To qualify, all you need to do is leave a review and send a screenshot to giveaway@somerscapital.com for your chance to win!
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
On this week’s episode, Rich sits down for an interview with hosts Mike Sjogren and Emanuele Pani on their Short Term Rental Secrets podcast. They discuss what Rich has been up to lately, and why he decided to invest in his business and build out the Somers Capital Team. They also dive into his progression from luxury STRs to boutique hotels over the last 12 months. “Anything in business, relationships, or life, is a yes or no. The maybes are the ones that suck time out of your life.”
**Connect with Rich on Instagram: @rich_somers
We’re giving away cash prizes, free swag, and tickets to our yacht meetups in San Diego. To qualify, all you need to do is leave a review and send a screenshot to giveaway@somerscapital.com for your chance to win!
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In this episode, Rich talks about his experience buying a 32 unit apartment building in Indiana, his value-add strategy, repositioning the property, and the business plan. He describes forcing the equity & appreciation, then exiting and selling the property 2 years later for three times what it was purchased for. Rich shares a lot of useful information in this episode, including his experience 1031 exchanging out of that deal into more real estate.
**Connect with Rich on Instagram: @rich_somers
We’re giving away cash prizes, free swag, and tickets to our yacht meetups in San Diego. To qualify, all you need to do is leave a review and send a screenshot to giveaway@somerscapital.com for your chance to win!
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s bonus episode, Rich talks about why good things happen when you're intentional about how you spend your time. He shares a couple personal dating stories that started out not so great, but ended up turning around and leading to some other good opportunities.
**Connect with Rich on Instagram: @rich_somers
We’re giving away cash prizes, free swag, and tickets to our yacht meetups in San Diego. To qualify, all you need to do is leave a review and send a screenshot to giveaway@somerscapital.com for your chance to win!
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In this episode, Rich talks about why you should never listen to your parents, he opens up about his personal experience with his own parents, and a few caveats to this rule. He shares about his decision to cash out his 401k to buy his first deal, leaving his job as an air traffic controller to get started in real estate investing, and who he decided to listen to & who he did not during that process. “Success is not a straight line, and we fail our way to success.”
**Connect with Rich on Instagram: @rich_somers
We’re giving away cash prizes, free swag, and tickets to our yacht meetups in San Diego. To qualify, all you need to do is leave a review and send a screenshot to giveaway@somerscapital.com for your chance to win!
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich discusses his experience buying his first boutique hotel, the reasoning behind his pivot from multifamily, and why he sees an opportunity moving forward with boutique hotels. He also shares a story about how he found out an onsite manager had been stealing from the owner for years.
**Connect with Rich on Instagram: @rich_somers
We’re giving away cash prizes, free swag, and tickets to our yacht meetups in San Diego. To qualify, all you need to do is leave a review and send a screenshot to giveaway@somerscapital.com for your chance to win!
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In this episode, Rich discusses why partnerships break up - the good, the bad, and the ugly. He talks about the recent break up with his two partners and the lessons he’s learned from that experience. Rich dives into the first few deals they did together, and shares what worked & didn’t work.
**Connect with Rich on Instagram: @rich_somers
We’re giving away cash prizes, free swag, and tickets to our yacht meetups in San Diego. To qualify, all you need to do is leave a review and send a screenshot to giveaway@somerscapital.com for your chance to win!
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
Tarek El Moussa is a real estate investor and television personality, who you might recognize from co-hosting HGTV’s Flip or Flop. In today’s episode, Tarek sits down with Rich and talks about how he got his start in real estate and the hurdles he’s faced along the way. He opens up about hitting “rock-bottom” multiple times in life and battling cancer twice. Tarek shares the story of how he met his wife, Heather, and his goals for the future.
**Connect with Rich on Instagram: @rich_somers
We’re giving away cash prizes, free swag, and tickets to our yacht meetups in San Diego. To qualify, all you need to do is leave a review and send a screenshot to giveaway@somerscapital.com for your chance to win!
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich talks about his experience buying a luxury Airbnb in Scottsdale in the height of the real estate market. He discusses the full renovation, getting it back up and running, hosting celebrity guests, and a small hiccup he had with the appraisal process.
**Connect with Rich on Instagram: @rich_somers
We’re giving away cash prizes, free swag, and tickets to our yacht meetups in San Diego. To qualify, all you need to do is leave a review and send a screenshot to giveaway@somerscapital.com for your chance to win!
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In today’s episode, Rich is joined by 10-year NFL Veteran & Super Bowl Champion, Cliff Avril. They dive into Cliff’s background and what it was like for him growing up in Jacksonville with his Haitian roots. Cliff talks about his time playing at Purdue, his years in the NFL, and he shares his experience of winning Super Bowl XLVIII with the Seattle Seahawks.
**Connect with Rich on Instagram: @rich_somers
We’re giving away cash prizes, free swag, and tickets to our yacht meetups in San Diego. To qualify, all you need to do is leave a review and send a screenshot to giveaway@somerscapital.com for your chance to win!
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**
In this first intro episode, Rich talks about why he started the podcast, what you can expect on the show, a little bit about himself & how he got started in real estate investing. He also shares one of his biggest takeaways he’s learned that’s helped him grow in both his personal life and in business.
**Connect with Rich on Instagram: @rich_somers
We’re giving away cash prizes, free swag, and tickets to our yacht meetups in San Diego. To qualify, all you need to do is leave review and send a screenshot to giveaway@somerscapital.com
Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.**