Rich Somers - The Michael Sartain Podcast

Rich Somers (IG: @Rich_Somers ) is a real estate investor, founder of Somers Capital ($60 mil under management ) and the host of the  @rich_somers  Podcast. ————————————————————

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0:00 Intro 0:47 Being an Air Traffic Controller 1:45 Correlation between ATC and investing 2:36 Mike’s ATC story from Iraq 3:34 Rich’s parents 4:20 ***Being very direct with girls 8:00 ***Having more options 9:16 **Cutting people out of your life 10:55 **What is the breakup conversation like? 12:52 **Naming podcasts after yourself 13:52 Getting around Airbnb bannings 17:10 Nightlife in Vegas, LA, Miami and San Diego 19:14 Investing in boutique hotels 19:51 ***Using debt to make money in real estate 25:51 ***The abundance mindset of successful people 29:42 Low-ticket offers 33:06 Masterminds are for accountability 33:49 ***How would you start from zero? 36:45 ***Wholesaling feels like affiliate marketing 37:02 ***Document your journey on social media 38:04 ***The dating benefits of making content 39:05 Where did you first learn all this? 40:18 Where should a guy who’s doing okay start? 42:30 Writing off depreciation 45:54 Favorite interviews ever done 47:45 ***House hacking 50:07 Joining MoA