In this episode, Rich shares his journey from air traffic controller to entrepreneur, highlighting the importance of hard work and perseverance. He discusses overcoming failures in real estate, the benefits of quitting alcohol for productivity, and the value of sacrifices for growth. Rich emphasizes setting goals and aligning actions, showcasing resilience and dedication in his career.

On today’s episode, Rich sits down with Kassidy Warren –  Real Estate Investor, Entrepreneur, Consultant and Former W2 Employee. Kassidy quit his job to turn to van life and consulting. In 2015, he started renting out his spare bedroom for $35/night and now has a $12 Million portfolio of properties across 5 states. He’s now a boutique hotel and short term rental investor.Rich and Kassidy start off by discussing their journey to sobriety, living up to our full potential, Kassidy’s biggest drivers of growth and fitness, daily routines and the first 2 things Rich does when he starts his day. They then reflect on Kassidy’s career path before real estate investing and how he got his start in real estate, Cashflow Quadrant, Rich’s experiences in Seattle, van life, Kassidy’s first property and the 20% rule, using real estate to buy more real estate, Rich’s advice for re-financing in the boutique hotel space, interest rates, and sunken costs on niche rentals.Lastly, they talk about forcing appreciation, Kassidy’s first boutique hotel deal in Solvang, Rich’s Boutique Hotel Mastermind, underwriting conservatively, why boutique hotels are the best play in the current real estate market, a new deal that Kassidy is planning to co-partner on, being the pioneer in underwriting, cap rates in the 2020s, 10 year hold periods, Kassidy’s experience in Rich’s mastermind, the law of the first deal, and where the growth happens.  Connect with Kassidy on Instagram: @qkassidyw--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.

On today’s episode, Rich sits down with Jason Drees –  Entrepreneur, Coach, Founder and CEO of Jason Drees Coaching, Author of “Do The Impossible,” Host of the podcast show “Do the Impossible.” In August of 2020, Jason Drees Coaching was just him. He had a 1 on 1 coaching business supporting people like Brandon Turner and countless other high net worth individuals around the world. Fast forward 4 months, Jason’s business grew revenue by 10x in 120 days. Fast forward a year, his business is on pace to 3x revenue from his all time high. His coaching company is now 30+ people, and he’s been featured on NBC, CBS, Fox, Bigger Pockets, Gobundance, and Better Life. Rich and Jason start off by discussing Rich’s new tattoo piece, why mindset is everything, why being successful can be lonely, the basic components of success, how to take action, Rich’s top 2 qualities he looks for in others, the dangers of partnerships, risk tolerance, being aligned with targets, why hard work doesn’t align with success, how to change core mindsets, Possible and Impossible targets, and making mistakes.They then reflect on choosing the right target, Rich’s next focus and being humble, creating alignment for yourself, outgrowing components of success, bad hires and why culture is the key to success, reframing mindsets, frameshifting and your future self.Lastly, they talk about identifying their future selves, 5 year goals, uncertainty and the unknown, feedback loops, finding clarity towards your passion, the phases of entrepreneurship, the right time to go all in, the love for the game, and Jason’s foundations to coaching.Connect with Jason on Instagram: @thejasondrees--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.

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.

On today’s episode, Rich sits down with Avery Carl – Real Estate Investor, Author of Amazon’s best-seller “Short Term Rental, Long Term Wealth,” Host of “The Short Term Show” Podcast, and CEO of The Short Term Shop. Avery’s company has connected investors with over 5,000 cash-flowing short-term rental properties since 2018. Avery went from a $37,000 salary to a real estate portfolio of over 220 doors in 5 years through strategically investing in short-term and vacation rentals. Rich and Avery start off by discussing connecting for the first time, transitioning neighborhoods and 1031 exchanges, how Avery met her husband, how she went from playing music in dive bars to investing in real estate, and why Avery and Rich stopped drinking.They then reflect on the opportunity for growth in San Diego, undesirable markets and cap rates, how Avery’s real estate strategy has shifted in the last few years, property damage and insurance claims, and the fundamentals of real estate.Lastly, they talk about pent up demand in the market, how to get into real estate investing, transitioning into boutique hotels, buying real estate with your partner, what Avery is looking forward to in 2024, and Avery’s advice for new investors. Connect with Avery on Instagram: @theshorttermshop--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.

On today’s episode, Rich sits down with Amanda Han – Real Estate CPA, Tax Strategist, and Managing Director of Keystone CPA. CPA by day and real estate investor by night, Amanda Han is a tax expert who helps entrepreneurs and real estate investors save money. When she’s not busy helping others with their taxes, she’s looking into the numbers to help leverage her own real estate portfolio. She’s been featured on Money Magazine, Google, and Forbes.Rich and Amanda start off by discussing the podcast voice, the times that are most fulfilling in business, connecting with Karlton Dennis and Bethany LaFlam, Weezer, yacht parties, 506b and 506c syndications, what you need to scale up deals,  international interest rates, using debt to create tax benefits, cashflow and hold periods, lazy 1031 exchanges, and finding the right CPA.They then reflect on 100% bonus depreciation and current politics, the IRS and syndication returns, the CPA pay scale working for the government, the step up tax basis, the disconnect of passing down wealth, what happens when you’re audited, and cost segregation studies. Lastly, they talk about down payments and roll overs, Amanda’s advice for Rich’s companies and properties, Yachts, Code section 179 and exotic car clubs, STR Tax loopholes, and taxing unrealized gains.Connect with Amanda on Instagram: @amanda_han_cpa--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.

On today's episode, Rich and Alex discuss Rich’s reasons for not drinking anymore, the advantages of podcasting and meetups, why people are afraid to post content, and the 5 reasons why content is important. Lastly, Rich announces a new content mastermind, The 7 Figure Creator, starting in June!Visit the7figurecreator.com to book a free call with our team.Editor's note: Rich's reference was to  Episode 96 of the podcast - "How to start a meetup" --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.

On today’s episode, Rich sits down with Brian Luebben – Entrepreneur, Podcaster, Author, Coach. Brian left his corporate life, where he made it to #8 out 5072 in a Fortune 500 Sales organization, to travel full time around the world. He’s built two 7 Figure Companies and has fully replaced in $20k/month income from his w2 through cash-flowing real estate. Brian’s #1 Amazon Bestselling Book, “From Passive to Passionate”, has been featured in The New York Times, Wall Street Journal, and Publishers Weekly.  Rich and Brian start off by discussing traveling to Columbia, financial freedom, what Brian’s sales job looked like before he left, Rich’s experience as an air traffic controller, the power of podcasting, the WAMM method, building your first $1000/month in passive income, the 3 levels of clarity, starting with the where and ending with the how, being selfish, the enthusiastic beginner vs the grizzled educator, the secret sauce to podcasting, and what the algorithm exists for. They then reflect on making content over the last few years, shamelessly promoting yourself, the fear of upsetting others, defining financial freedom, what makes for an entrepreneur, passionate income, relying on income, Rich’s takeaways on his break from alcohol, and the two different seasons of life to pivot between.Lastly, they talk about the perfect Tuesday, drinking to have fun, online courses and why they don’t work, tracking engagement, how Brian built his community, building businesses based on feedback with just 3 steps, how Brian made $100,000 in 24 hours while vacationing in Brazil, the abundance mindset, pricing out masterminds, Brian’s hosted retreats, renting out boutique hotels, Rich’s mastermind retreats, building teams and helping others, 10/10 moments, documenting through podcasting, why Brian is choosing to invest in boutique hotels, the Walt Disney business method, podcasting 5 days a week, why people listen to podcasts, reposting content, and traveling this summer.Connect with Brian on Instagram: @brianluebben--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.

On today’s episode, Rich sits down with Oliver Graf – Entrepreneur, Speaker, Real Estate Investor, and Consultant. Oliver is the Co-Founder & President of Big Block Realty - recognized as one of the fastest growing brokerages in the country. He’s also the host of the Founders Club Podcast, the Co-founder of Closing Table - a high-level real estate mastermind, along with Sam Khorramian and Roland Frasier, the Manager and Co-creator of Real Closers, the 2nd largest Facebook group for realtors, has $10+ Billion in real estate sales,  and a husband and father to two sons.  Rich and Oliver start off by discussing meeting back in college, catching up at Beers & Deals, 125% loan-to-value second mortgages, Rich’s first property he ever bought, a deep dive on short sales, short sale periods, the 2009 financial crisis, and the current rate environment and rate normalization.They then reflect on Rich’s first piece of investment real estate, the San Diego market, Oliver’s first deal in Arizona, what two thing’s Rich needs in order to buy a new deal, adding value, the rent-by-the-room model, where the idea for Big Block Realty came from, concierge services in 2011, how many agents Big Block Realty has hired, the franchise model, the benefits of masterminds, Kent Clothier, the first steps to franchising, and why agents don’t buy real estate. Lastly, they talk about the benefits of marrying a realtor, encouraging everyone to buy real estate, why partnerships are tough, CSU San Marcos, college fraternities, what Oliver is looking forward to,  where realtors business comes from, and why consistency is key in all aspects of life.Connect with Oliver on Instagram: @OliverGraf360--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.

Entrepreneur and Investor James McCabe joins Rich to discuss fund vs syndication, raising capital, benefits for investors, and the value of relationships. They dive into SEC regulations, opportunities for non-accredited investors, setting minimum investments, and building trust with potential investors. Strategies for acquiring capital ethically and maximizing positive responses are highlighted.