The Rich Somers Report

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...

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 d...

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 indust...

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 wholesaling, the flipping – and believes it's all one big ecosystem. Rich and Adrian...

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...

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...

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...

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-i...

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 b...

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 Poi...

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 re...

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-a...

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 through...

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 permittin...

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 spa...

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.  Join our investor waitlist and...

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...

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,...

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, t...

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 inve...

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 y...

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...

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 s...

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 t...

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. Join our investor waitlist and stay...