Podcast
The Rich Somers Report
Hosted by Rich Somers · EN
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
116episodes
Episodes
Newest firstAll episodes
Why Mindset Matters: Your Money Will Grow When Your Mindset Does | Jason Drees E324
Mar 25, 202501:02:09Tap to summarizeIs your mindset holding you back from building the wealth and life you want? In this episode of The Rich Somers Report, Rich sits down with Jason Drees, high-performance mindset coach and founder of Jason Drees Coaching, to unpack how reframing your mindset can unlock exponential growth in both business and life.Rich and Jason dive into:Why success doesn’t come from working harder—it comes from operating in alignmentThe difference between setting goals and committing to a targetHow to reprogram limiting beliefs and shift into a higher frequencyThe value of getting uncomfortable and aiming 10x biggerWhy most people stay stuck in planning mode—and how to break through itJason shares the frameworks he’s used to coach top entrepreneurs, including Brandon Turner, and how entrepreneurs can tap into their future selves, eliminate resistance, and expand their identity to reach new levels of performance. Whether you're just starting your business or scaling to new heights, this episode will challenge you to rewire your thinking and play a bigger game.Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
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Revamping a Boutique Hotel : How We Bought Our Recent Hotel Deal in Just 37 Days & Plans to Optimize the Property | Alex Johnson (Saturday Edition) E323
Mar 22, 202500:30:40Tap to summarizeHow do you close a boutique hotel deal in just 37 days—and immediately increase its value? In this Saturday edition of The Rich Somers Report, Rich and Alex Johnson break down the recent acquisition of their latest boutique hotel in San Clemente, California. They walk through the full story, from off-market opportunity to closing, and share the operational playbook to optimize the property for cash flow and long-term appreciation.Rich and Alex discuss:How they sourced the deal through a broker relationship and closed in 37 daysWhat made this hotel an ideal addition to the Summers Capital portfolioWhy this was a rare acquisition that didn’t require a full renovationThe light refresh strategy to enhance curb appeal, guest experience, and NOIHow amenity fees, breakfast programs, and cell tower sales can significantly inJoin our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
Transcribe →Analyzing the Future: Real Estate Forecast & Capital Markets Trends | Krystle Simpson E322
Mar 20, 202501:11:05Tap to summarizeWhat’s next for real estate investors as the market continues to shift? In this episode of The Rich Somers Report, Rich sits down with Krystle Simpson, a commercial lending expert and real estate investor, to break down the latest trends in capital markets, interest rates, and where the best opportunities are emerging.Rich and Krystle discuss:How rising interest rates have impacted liquidity and investor activityWhy multifamily investments have become more challenging and what sectors are thrivingHow boutique hotels, industrial, and retail real estate are positioned for growthThe best ways to secure financing in today’s lending environment and avoid common pitfallsWhere investors should be looking in 2025 and beyond for long-term wealth buildingKrystle shares insights from working with investors navigating this complex market, offering strategies for finding deals, securing financing, and staying ahead of economic shifts. Whether you're actively investing or waiting for the right time to jump in, this episode provides the insights you need to make informed decisions.Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
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"Essential Marketing Tips for Entrepreneurs" | Trevor Crowley (Saturday Edition) E320
Mar 16, 2025Tap to summarizeWhat does it take to build brand awareness and attract more customers in today’s digital world? In this episode of The Rich Somers Report, Rich sits down with Trevor Cowley, entrepreneur and host of Real Business Owners, to break down the most effective marketing strategies for entrepreneurs looking to grow their business and increase revenue.Rich and Trevor discuss:Why first impressions matter and how to optimize your website, social media, and online presenceThe power of organic content marketing vs. paid advertising—and when to use eachThe most common marketing mistakes entrepreneurs make and how to avoid themHow to craft compelling hooks and messaging to increase conversionsThe importance of webinars, lead magnets, and email lists for long-term business growthTrevor shares insights from years of experience helping business owners scale through strategic marketing and branding. Whether you’re just starting out or looking to refine your approach, this episode is packed with actionable steps to help you stand out and attract more leads.Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
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Certain Doors Won’t Open For You Until You Become the Version of Yourself that Can Walk Through Them | E304
Feb 6, 2025Tap to summarizeSuccess 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 limiting beliefs.How he struggled with raising capital early on—and the strategies that changed everything.The importance of positioning yourself for success before the right deals and relationships appear.Lessons learned from navigating financing, investor relations, and scaling in a competitive market.The biggest opportunities won’t come to you by chance. They come when you’re ready to step through the door. Whether you’re looking to break into real estate, grow your business, or take the next step in your career, this episode will challenge you to level up.Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
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How to Get Rich Buying Small Apartments | JD Schmerge E297
Jan 21, 2025Tap to summarizeHow 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 his $80 million portfolio.They dive into:-The power of taking action, even on smaller deals, to build confidence and momentum.-Why Cincinnati’s market, with high cap rates and steady rent growth, remains a strong investment choice.-Practical tips for adding value to multifamily properties, from RUBS to reducing expenses.-How to approach brokers, build credibility, and secure deals in competitive markets.Whether you’re a new investor looking for your first deal or a seasoned pro exploring value-add strategies, this episode is packed with actionable advice to help you succeed in real estate.Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
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How to Beat 99% of People | Rich Somers Solo Edition E295
Jan 16, 2025Tap to summarizeAre 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 episode covers:Why the bar for success has never been lower—and how to rise above it.The game-changing power of cutting distractions and saying no.The importance of getting in rooms where your dreams are others' reality.How building a personal brand can unlock opportunities, raise capital, and attract top talent.Whether you're looking to grow your real estate portfolio, start a business, or just live a more intentional life, this episode is packed with practical insights to help you hit the ground running. Plus, Rich announces his upcoming free two-day challenge on personal branding, podcasting, and social media. Register here to join him! Tune in to discover how small, intentional changes can yield massive results.Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
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The Winning Formula of Sobriety and Health Hacks | Michael Schmidt E253
Oct 10, 2024Tap to summarizeFeeling 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.Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
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The Journey From Air Traffic Controller to $80M in Real Estate | E244
Sep 20, 2024Tap to summarizeRich 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 the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
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2024 is Half Way Over - Are You Where You Want to Be? | Saturday Edition E212
Jul 6, 2024Tap to summarizeIn today's episode, Rich shares with the audience an opportunity to join this year’s Somers Capital Holiday party, his biggest takeaways from 2024 this far, how to build and reflect on personal goals, and what Rich is looking forward to as he finishes out the year.Reach out to info@somerscapital.com to get access to the Somers Capital 2024 Holiday PartyJoin our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.
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