The Rich Somers Report

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 sav...

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, fitnes...

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 le...

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...

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:  - What the team has been up to - the reasons they love this new deal - the “modern traveler”  - value add strategies - Liberal vs Conservative markets - Exit strategies  - Wh...

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 indiv...

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 o...

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...

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 limit...

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 t...

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 bet...

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...

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 w...

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 po...

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 legislati...

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...

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 r...

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 ep...

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...

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....

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 d...

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...

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...

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 di...

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 exp...