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The Rich Somers Report
Author: Rich Somers
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© 2024 The Rich Somers Report
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Join host Rich Somers, as he interviews top real estate investors, entrepreneurs, and athletes from all over the world to discuss all things real estate, business, and wealth related. His first guests include Tarek El Moussa - real estate investor & TV personality, and Cliff Avril - former Seattle Seahawks player & Super Bowl XLVIII Champion. Rich is an active real estate investor and entrepreneur holding a portfolio of apartment buildings, boutique hotels, and short-term rentals valued in excess of $80M. 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
270 Episodes
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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...
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 buildin...
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...
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 r...
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 sector...
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 no...
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 w...
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 levera...
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.--Interested in learning more about how to build your boutique hotel portfolio? Dive into our proven process by joining the Boutique Hotel Mastermind Community. Book a free call here: www.hotelinvesting.com.Looking to elevate your ...
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...
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 entrepre...
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 i...
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.--Interested in learning more about how to build your boutique hotel portfolio? Dive into our proven process by joining the Boutique Hotel Mastermind Community...
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!--Interested in learning more about how to build your boutique hotel portfolio? Dive into our proven process by joining the Boutique Hotel Master...
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 apartm...
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 specializin...
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.--Interested in learning more about how to ...
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 opport...
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.--Interested in learning more about how to build your boutique hotel portfolio? Dive into our proven process by joining the Boutique Hotel Mastermind Community. Boo...
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.--Interested in learning more about how to build your boutique hotel portfolio? Dive into our proven process by joining the Boutique Hotel Mastermind Community. Book a ...
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