The Rich Somers Report cover image

The Rich Somers Report

Benefits of Becoming a Franchisee & Should You Buy Bitcoin? | Jake Rosenthal E192

May 25, 2024
42:04

On today’s episode, Rich sits down with Jake Rosenthal – Real Estate Investor, Entrepreneur, Founder of Pure Legacies, and Host of the “Life on Your Terms with Jake Rosenthal” podcast. While working full-time in tech sales, he built out a $10M real estate portfolio that enabled him to leave his W2 job at 30 years old. He owns a portfolio of luxury short term rentals in Saint Augustine, Florida, and the Pocono Mountains in Pennsylvania. In addition to real estate, Jake is now expanding his portfolio to include small businesses. Jake is also a “bitcoin bull” and continues to invest discretionary income into bitcoin, believing that it will continue to be of the best asset classes to invest in over the coming decades. 

Rich and Jake start off by discussing Jake’s background in real estate, Jake’s goal to franchise through gobundance, circuit training at gyms, price breakdowns of owning gyms, Jake’s goals with franchise gyms, and the best real estate locations in San Diego. They then reflect on how gyms have evolved, Jake’s experience with restoration companies, insurance companies, Jake’s start in tech sales, how Jake got his first million, and why Bitcoin is a great buy. Lastly, they talk about Jake’s fiancée, Jake’s real estate portfolio, Jake’s new podcast, leaving W2 jobs, and fitness routines.

Connect with Jake on Instagram: @jake.r.rosenthal

--
Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: 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.

Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.

Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode