The Rich Somers Report

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...

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, ho...

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 effective...

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...

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...

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 home...

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...

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...

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 appea...

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...

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 Midw...

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 Sart...

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...

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, M...

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...

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&a...

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 Tur...

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 th...

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 ema...

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...

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 ye...

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 ev...

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...

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 mul...

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 Satu...