The Rich Somers Report

In this discussion, investor Mikey Taylor shares his insights on avoiding common real estate pitfalls. He explains why high-rise condos can be a bad investment and dispels the myth that renting is simply throwing money away. Mikey highlights how the current interest rates are shaping homeowner decisions and emphasizes the importance of cash flow versus traditional views on building wealth. This conversation is a must-listen for anyone looking to shift their mindset from homeowner to savvy investor.

Amanda Han, a tax strategist at Keystone CPA, shares her expertise on the sweeping new tax changes now in effect. She explains how the recent tax cuts benefit everyone, from gig economy workers to real estate investors. Listeners learn about 100% bonus depreciation, tax-free overtime income, and potential write-offs for luxury vehicles. Han also offers creative strategies like retiring a spouse to save big and setting up a "Trump Account" for kids to build generational wealth. It’s a must-listen for anyone looking to optimize their tax strategy!

Brandon Turner, a professional skateboarder and sobriety leader, shares his inspiring journey from addiction to helping others through recovery. He reveals how skateboarding has been a lifeline and discusses the importance of mental health in high-performance sports. Brandon founded West Side Recovery to transform lives through personalized treatment. The conversation touches on how breathwork and discipline shaped his comeback, emphasizing that resourcefulness and support are vital in overcoming challenges. This powerful narrative highlights that a comeback can truly become a calling.

You can build the business, the body, and the bank account—but if you fail your marriage, what was the point?In this episode, Rich sits down with Dan Martell to talk about the real flex: building a thriving family while scaling a successful company. From dating your wife to homeschooling your kids (even when they’re in school), Dan drops the unfiltered truth about what it takes to show up fully—as a husband, father, and leader.They cover:Why your wife’s happiness is the foundation of a strong familyThe simple mindset shift that will 10x your relationshipHow Dan thinks about education, priorities, and parenting in the AI eraWhy most men fall off after marriage—and how to stay in shape for youThe reason he doesn’t care about his kids’ grades (and what he teaches them instead)If you want to build a legacy that actually matters, this one’s your blueprint.Let’s go.Connect with Dan Martell on Instagram: @danvmartellJoin 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.

Storage units? Not quite. Try luxury man caves that cash flow like apartment buildings.In this episode, Rich sits down with Ryan Garland—the #1 man cave developer in the country and the visionary behind a $500M+ real estate empire built on a wildly underrated asset class. From building “car condos” for high-net-worth collectors to stacking eight-figure exits, Ryan breaks down the niche that most investors are sleeping on.They cover:How he scaled a luxury storage concept into a national brandWhy man caves have insane returns (and almost zero tenant drama)What every investor should know about zoning, land, and designHow he turns gearhead passion into portfolio equityWhy timing, scarcity, and lifestyle branding matter more than compsIf you’re looking for a real estate play that’s low competition and high profit—this is it.Let’s ride.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.

Austin Schmidt, a real estate developer and founder of Lux Builders, shares his firsthand experiences in luxury home construction. He reveals why most developers falter after their first project, helping listeners navigate the complexities of permits and city challenges. Discussions include raising capital for new developments, the stark difference between theoretical plans and real-life delays, and why developing remains a worthy bet. Austin's insights offer a valuable roadmap for anyone looking to succeed in real estate development.

In this engaging discussion, Isaac French, an expert in unique stay properties, reveals how innovative accommodations are reshaping the hospitality landscape. He shares fascinating stories of shipping container homes and floating hotels, explaining how both disrupt traditional real estate investing. Isaac examines zoning loopholes that make these unique stays viable and profitable. He also offers insights into revitalizing dead golf courses and transforming them into micro resorts. If you're ready to think outside the box and tap into exciting investment opportunities, this conversation is a must-listen!

Ever thought about owning a parking lot? You should—because the margins are insane.In this episode, Rich brings on Johnny and Clay, the duo turning overlooked patches of asphalt into high-cashflow assets. They break down how to start, scale, and profit from the parking lot business—without ever swinging a hammer or managing tenants. If you’re looking for a low-maintenance, high-ROI play… this one’s it.They cover:How they turned a $30K deal into $350K+ in revenueWhy parking lots are one of the most underrated real estate playsThe step-by-step process for finding, analyzing, and closing your first dealHow they use creative financing and JV deals to scale fastWhat most investors get completely wrong about cash flowIf you want to build passive income with less risk and less headache—this is the blueprint.Let’s go.Connect with Jonny & Clay on Instagram: @valetparkingprosJoin 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.

What do you learn after launching 13+ companies and generating over $300 million in revenue?In this episode, Rich sits down with Amrinder Kamboj—tech founder, app builder, and brand architect behind some of the most downloaded apps on the planet—to unpack the real business lessons most people don’t figure out until it’s too late. From launching with no capital to scaling tech startups with celebrity partners, Amrinder shares what it actually takes to build something that lasts.They dive into:Why most ideas fail (and how to test yours without wasting cash)The secret to building fast-moving teams that don’t burn outHow he landed partnerships with Shaq, Pitbull, and Chris BrownWhen to pivot, when to push through, and how to know the differenceWhat $300M in sales taught him about product-market fitWhether you're building an app, a brand, or a legacy business—this one’s a masterclass.Let’s tap in.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.

Still debating whether to chase cash flow or buy for appreciation?In this episode, Rich sits down with legendary real estate investor Thach Nguyen to unpack the truth about building long-term wealth—and why most investors are thinking way too small. From his first $15K-down rental to a billion-dollar net worth vision, Thach breaks down how to play the real game: buying assets that compound while you sleep.They cover:The biggest mistake broke investors make when chasing passive incomeWhy appreciation markets like San Diego and Seattle create generational wealthWhen to buy for cash flow—and when it’s time to trade upHow Thach turned one property into an empire with no outside investorsThe mindset shift that separates legacy builders from everyone elseIf you're in this for freedom and net worth, this episode is your blueprint.Let’s 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.