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
113episodes
Episodes
Newest firstAll episodes
Why Florida Is Quietly Becoming The New Home For The Rich | Jay Roberts E522
Jul 400:43:06Summary readyRich sits down with Jay Roberts, CEO of Prosper Group, a Miami-based developer currently overseeing more than $3 billion in active real estate projects. Jay breaks down how high-end waterfront condo development really works, walking through the process from acquiring land all the way to selling out the building.They talk about why billionaires, founders, and major tech players are leaving California and relocating to South Florida, how Jay analyzes a $345 million project to target a 30% profit margin, and how pre-sale deposits allow developers to use buyer capital to help fund construction. They also get into why waterfront real estate continues to be one of the most resilient and appreciating asset classes in the world. If you want to see how serious capital actually moves through real estate, this episode is for you. Let’s get into it.Connect with Rich on Instagram: @rich_somers
SummaryHow He Built And Sold A $100M Home Service Empire | Ismael Valdez E521
Jul 200:51:57Summary readyFollow Ismael on Instagram: https://www.instagram.com/ismaelnuveceo/ Find his other links here: https://linktr.ee/ismaelvaldez23?utm_source=ig&utm_medium=social&utm_content=link_in_bio&fbclid=PAZXh0bgNhZW0CMTEAc3J0YwZhcHBfaWQPOTM2NjE5NzQzMzkyNDU5AAGntECSwYu12HuY5UAAgmGN5qqO8jicsJmpxE2tkra-8yo6VfN5Qr17Rl7vwCY_aem_8jcKEZQWBHTFA4YEkCwpGARich Somers sits down with Ismael Valdez to talk about building, scaling, and exiting home service companies at a massive level. After a $20M exit, a $100M exit, and now building another company valued well into the nine figures, Ismael breaks down what most contractors never get taught about growth.In this episode, they cover why most home service businesses stay stuck under $2M, how to build a team of A-players, why mastering one trade matters before expanding, and the importance of marketing, sales, operations, pay plans, and leadership when scaling a real company.Connect with Rich on Instagram: @rich_somersInterested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.We’re closing on 2 of our most exciting boutique hotels yet —Catalina Island + Bodega Bay visit somerscapital.com/invest
SummaryHow the Wealthy Use Airbnbs to Slash Their Tax Bill | Nico Molino E512
Jun 2500:53:14Summary readyAccredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/investIn this episode, Rich sits down with Nico Molino to break down how high-income earners can use short-term rentals to dramatically reduce taxes while still building long-term wealth. Nico explains why Airbnb investing can outperform traditional real estate when done correctly, how bonus depreciation and cost segregation create massive tax savings, and the key differences between buying a property for tax benefits versus buying a property that is actually a great investment.The conversation also covers how Nico's team has analyzed hundreds of markets to identify the best Airbnb opportunities, what makes a market attractive, the importance of regulations, and the three drivers of Airbnb returns: cash flow, appreciation, and tax benefits. One of the biggest takeaways is that investors should never buy a short-term rental solely for the tax write-off. The best deals are properties that generate strong cash flow, appreciate over time, and provide significant tax advantages.Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.Connect with Rich on Instagram: @rich_somersInterested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
SummaryYacht Workshop: How To Scale Without Becoming A Slave To Your Business| E519
Jun 2500:19:48Summary readyIn this special yacht workshop Rich breaks down how to scale your business without becoming the bottleneck. He explains why so many entrepreneurs stay trapped in their inbox, stuck in constant meetings, and buried in small tasks that keep them away from the highest-value work only they can do. Rich walks through how to audit your time, identify the work that actually moves the business forward, and start removing yourself from repetitive admin, follow-ups, invoices, permitting, scheduling, and day-to-day communication.He also shares practical ways to protect your calendar, batch communication, build simple systems, document processes with Loom, and delegate more effectively so your business can grow without needing your attention on every detail. If you’re trying to scale, get your time back, and operate more like a true business owner instead of an overworked operator, this workshop gives you a clear framework for creating more leverage, more freedom, and more focus.Connect with Rich on Instagram: @rich_somersInterested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.We’re closing on 2 of our most exciting boutique hotels yet —Catalina Island + Bodega Bay visit somerscapital.com/invest
SummaryHow Much Does It Really Cost To Fly Private | Captain Curt E518
Jun 2000:51:19Summary readyConnect with Curt on Instagram: @thecaptaincurtPrivate jets aren’t just for billionaires—they’re for anyone who knows how to play the game.In this episode, Rich sits down with private jet captain and aviation broker Captain Curt Marker to unpack what it really costs to own, charter, and operate a private jet. From $3M pre-owned Gulfstreams to $100M G700s, fuel costs, maintenance nightmares, and the wild tax benefits that come with bonus depreciation—this episode takes you inside the cockpit of the aviation business.They cover:How 100% bonus depreciation is making jet ownership explode againThe real costs of fuel, maintenance, and hangar fees (and what to budget for)Why Q4 is the best time to buy a jet for tax write-offsHow to fly private for up to 80% off using “empty legs”The best aircrafts that hold their value—and which ones to avoidIf you’ve ever wondered what it takes to fly private, own a jet, or just want to understand the business behind aviation, this is your insider’s guide.Connect with Rich on Instagram: @rich_somersInterested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
SummaryWhy Solar Created More Millionaires Than Any Industry (Then Destroyed Them) | Mana Kobe E517
Jun 1600:28:44Summary readyMake sure you go check out and follow Mana over on IG and his own podcast:IG: https://www.instagram.com/mana_k33PODCAST: https://podcasts.apple.com/us/podcast/from-door-to-door-to-multimillion-dollar-ceo-cody-veivell/id1877761688?i=1000768614448From pro athlete to solar industry leader, Mana Kobe is playing a different kind of game now and he is just getting started. On this episode of the Podcast, recorded live at the Yacht Workshop in San Diego, Mana breaks down his journey from playing basketball overseas to building one of the top solar organizations in the country. He gets real about what it cost him to figure out the game, from failing at his first business to humbling himself and going back to learn before he led.The lessons Mana drops in this conversation are ones every entrepreneur needs to hear. Before you run the business, you have to learn the business. Stop trying to do everything yourself. And if you want to make high-value money, you have to be willing to spend high-value money on yourself first. His goal is a billion-dollar company, and the way he talks about it, it sounds less like a dream and more like a deadline. Tune in.Connect with Rich on Instagram: @rich_somersInterested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
SummaryHow He Went From Homeless To Making $60M/Yr | Alex Vela E516
Jun 1301:19:19Summary readyAccredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/investFrom sleeping in a car to running a $60M brand in just two years—Alejandro Vela’s story doesn’t even sound real.In this episode, Rich sits down with Alejandro (El Barbas Hats) to break down how he went from failed restaurants, tow trucks, and street food hustles to building one of the fastest-scaling hat brands in the world. From selling at swap meets to collabs with Mexico’s biggest artists and $1.3M drops in minutes—this is the blueprint for turning nothing into everything.They cover:How eight failed businesses became the foundation for a $60M empireThe exact moment he went from homeless to unstoppableWhy hats became the ultimate scalable fashion productHow he used TikTok to test, market, and blow up his brandThe mindset shift that turned every failure into fuelIf you’ve ever felt like you were too far behind, this episode proves you’re one decision away from a whole new life.Let’s get it.Connect with Rich on Instagram: @rich_somersInterested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
SummaryGLP-1s, Testosterone & The Future Of Aging | Phil Vella E515
Jun 1100:55:19Summary readyVita Bella Health Membership: https://vitabella.com/membership/Follow Phil Vella (CEO of Vita Bella Health) on IG: @phillyvzAccredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/investRich Somers sits down with Phil Vella, CEO of Vita Bella Health, to talk about the future of health, hormones, peptides, GLP-1s, and the massive shift happening in human performance. Phil breaks down why testosterone can be the foundation for men’s health, how peptides and NAD+ are being used for energy, recovery, and longevity, and why weight-loss drugs like semaglutide and tirzepatide are only the beginning of what he calls the “biology boom.”They also dive into the dangers of chasing quick fixes, the risks of gray-market peptides, and why true health still comes back to discipline, muscle, nutrition, and building the right foundation. From anti-aging and hormone optimization to masculinity, leadership, and becoming a stronger man, this episode explores what the next era of health could look like and what people need to know before jumping in.Connect with Rich on Instagram: @rich_somersInterested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
SummaryHow to Get $300K in Business Funding | Rich Torres E514
Jun 1000:36:28Summary readyAccredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/investIn this episode Rich Somers sits down with Rich Torres to discuss how business owners and real estate investors can use credit as a tool to access capital, build leverage, and create more financial flexibility. Rich breaks down why he believes people should stop relying on debit cards and cash, how credit card points can turn everyday spending into travel rewards, and how strong credit profiles can open the door to $100K, $200K, or even $300K in 0% interest business funding.Rich also explains the process of fixing credit, building credit, keeping utilization low, and using funding strategically instead of recklessly. From launching a business to scaling an existing company or funding real estate opportunities, this conversation gives listeners a practical look at how credit can become one of the most powerful tools in their financial arsenal when used the right way.Connect with Rich on Instagram: @rich_somersInterested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
SummaryHow To Escape Corporate America Through Buying Small Businesses | Brian Leubben E513
Jun 601:10:02Summary readyAccredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/investRich sits down with Brian Luebben, founder of The Action Academy, to break down how everyday people can buy their freedom through small business acquisition and real estate investing. From leaving corporate America to building multiple seven-figure businesses, Brian shares the mindset shifts, income strategies, and frameworks that helped him replace his paycheck and live life completely on his own terms.They cover:Why 9–5 jobs keep high performers trapped—and how to escapeThe “Freedom Framework” every entrepreneur needs to scale sustainablyHow to buy your first small business using creative financingThe truth about risk tolerance and why most partnerships failWhy business builds freedom—and real estate builds wealthIf you’ve been stuck in a job that feels too small for your potential, this episode gives you the roadmap to break free.Let’s go.Connect with Rich on Instagram: @rich_somersInterested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.
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