He’s a Retired Pro Skater Who Had a $70M Exit & Now Builds Large Apartment Buildings | Mikey Taylor E348

May 20, 2025

Dive into the world of entrepreneurship with a former pro skater who made a $70M exit. Discover how Mikey Taylor transitioned from skateboarding to real estate, co-founding a successful craft beer brand along the way. He discusses his ambitions to run for city council and shares insights on teaching personal finance. Learn about the challenges and strategies in real estate investing, including market trends and favorite locations. Plus, hear about acquiring boutique hotels for passive income and tips for navigating investment opportunities.

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ANECDOTE

Rich's Boutique Hotel Success

Rich Somers shared his personal achievement of contracting five boutique hotels in San Clemente, California.
This illustrates his active role and success in boutique hotel real estate investment funds.

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On today’s episode, Rich sits down with Mikey Taylor – Serial entrepreneur and former professional skateboarder. Mikey Taylor is the President and Managing Principal of Commune Capital, a private equity firm that invests in commercial real estate. After a successful 14 year skateboarding career, Mikey began the transition into entrepreneurship and business building, when he recognized an opportunity in the emerging craft beer industry. He utilized his marketing experience from skateboarding to co-found Saint Archer Brewery.

Rich and Mikey start off by discussing the updates to Mikey’s life since they last met, their experiences in the skating world, how Mikey met his wife, Mikey campaign plan to became a city council member in Thousand Oaks, backlash in communities today, the difference between A and C students, and teaching personal finance to students. They then reflect on Rich’s experience with the Big Brother program, developing communication skills, what Mikey’s schedule typically looks like, Mikey’s methods to fundraising through social media, and building trust through long form content.

Lastly, they talk about Mikey’s experiences with real estate investing in California, current market trends, the risks to real estate investing, their recommendations to investing in 2024, Mikey’s favorite real estate locations, cap rates, cashflow vs appreciation, investing in red and blue states, the safest way to invest in real estate, Rich’s experience with real estate in Turkey, Rich’s case for San Diego, their market forecasts and bad policies.

Connect with Mikey on Instagram: @mikeytaylor

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.