Rich Somers
The Rich Somers Report
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...
Where to listen?
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Episodes
Learn How to Live Longer, Alleviate Pain, & Move Better | Dr. Tom Walters E246 24.09.2024 1:32:20
Ready to master social media and grow your personal brand? Join the 7 Figure Creator Mastermind Communinty i n the next 48 hours and receive a ticket to win a 2024 Range Rover Sport! Time is running out—secure your spot today. 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...
How to Buy Your First Gym | Bo DePaoli Saturday Edition E245 21.09.2024 27:17
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. Join our investor waitlist and...
The Journey From Air Traffic Controller to $80M in Real Estate | E244 20.09.2024 34:11
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. Join our investor waitlist and stay in th...
How to Buy a Laundromat | Tom Donnelly E243 17.09.2024 58:34
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...
The Real Problem With the Public School System | Grant Cardone Saturday Edition E242 14.09.2024 5:42
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 sellin...
How He Lost $100k Buying Real Estate With the Wrong People and How to Find the “Right People” To Partner With | Diego Corzo E241 12.09.2024 58:34
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, me...
How You Can Use AI to Level Up Your Business | Scott Empringham E240 10.09.2024 49:59
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. Wit...
Should You Buy for Cash Flow or Appreciation? | Saturday Edition E239 07.09.2024 13:47
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 multif...
The Pros & Cons of Testosterone Use Exposed | Dr. Adam Silberman E238 05.09.2024 55:58
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...
From Living in His Car to Running His Own Real Estate Brokerage | Mark Quesada E237 03.09.2024 1:01:26
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 i...
5 Steps to Becoming a Top Commercial Broker | Saturday Edition Dan Blackwell E236 31.08.2024 17:53
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 fo...
From Rags to Riches & What It Takes to Become a Top Apartment Broker | Dan Blackwell E235 29.08.2024 1:06:48
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...
Future Proof Your Wealth. AI, Crypto and the Next Big Investments | Brian Decker E234 27.08.2024 1:16:35
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. Hi...
The Case for Boutique Hotels: 10 Reasons Why We're Betting Big | Alex Johnson E233 26.08.2024 15:08
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 succes...
Get in Rooms Where Your Dreams are Others' Realities | Saturday Edition Alex Johnson E232 24.08.2024 15:15
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. Join our investor waitlist and stay in the know about our next investor opportunity with Somer...
Former Middle School Teacher Operates Vending Machines and 22 Short-Term Rentals | Billy Perez E231 20.08.2024 1:01:33
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 three 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...
The Self-Rental Strategy Explained | Saturday Edition Karlton Dennis E230 17.08.2024 12:21
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 Join our investor waitlist and stay in the know...
Tax Tips & Secrets from America’s Leading Tax Strategist | Karlton Dennis E229 15.08.2024 1:12:38
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 Tru...
The Truth about Hangovers, Botox & Liposuction | Dr. Reza Tirgari E228 13.08.2024 1:05:01
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 injec...
Listen to These 27 Minutes Before You Start Your Own Podcast | Ryan Pineda Saturday Edition E227 10.08.2024 28:22
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. Jo...
Why Investing in Hostels Could be the Next Big Thing | Michael Russell E226 08.08.2024 1:16:43
On this Thursday episode, Rich sits down with Michael Russell, 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 purchasing short term rentals in Hawaii to scaling up to investing in hostels. Michael and Rich discuss how taking risks in real estate can lead to unexpected opportunities and significant growth....
BYLT: Why This Brand is Disrupting the Apparel Game & How They Landed Mike Tyson | E225 06.08.2024 1:14:48
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 comp...
Those Who Wait For the Perfect Plan Never Play the Game | Saturday Edition E224 03.08.2024 17:19
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". Join our investor waitlist and stay in the know about our next investor opportunity w...
He Created the World's First Ever Peanut Butter Tequila Brand | Cole Mueller E223 01.08.2024 59:49
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....
Latest News in the STR Market & How He Bought His First Boutique Hotel | Tony Robinson E222 30.07.2024 55:25
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...
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