

The Rich Somers Report
Rich Somers
Join host Rich Somers, as he interviews top real estate investors, entrepreneurs, and athletes from all over the world to discuss all things real estate, business, and wealth related. His first guests include Tarek El Moussa - real estate investor & TV personality, and Cliff Avril - former Seattle Seahawks player & Super Bowl XLVIII Champion. Rich is an active real estate investor and entrepreneur holding a portfolio of apartment buildings, boutique hotels, and short-term rentals valued in excess of $80M. He was an air traffic controller for the government for 11 years, and cashed out his 401k to get his start in real estate investing. Connect with Rich on Instagram: @rich_somers
Episodes
Mentioned books

Jan 7, 2025 • 16min
Live at our Holiday Party with the Ying Yang Twins | Ying Yang Twins E291
How do you stay relevant, authentic, and thriving in a constantly evolving music industry? Recorded live at the Somers Capital 2024 Black Tie Holiday Event, this episode features a high-energy conversation with the legendary Ying Yang Twins, D-Rock and Kaine. Rich Somers dives into their incredible journey, from hustling in the pre-internet days to collaborating with icons like Lil Jon and Britney Spears.The Twins share their story of grinding on the streets, building their fanbase one person at a time, and staying true to their roots. They reflect on the pivotal moments that shaped their careers, the power of live shows in an artist’s success, and their unfiltered take on today’s music industry.Whether you're an entrepreneur, creative, or fan of their music, this episode offers valuable lessons on resilience, authenticity, and what it takes to sustain a legacy.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.

Jan 4, 2025 • 8min
Put Yourself in Situations Where the Hard Way is the Only Way | Tyler Deveraux Saturday Edition E290
What does it take to embrace challenges and unlock your full potential? In this episode, Rich Somers and Tyler Deveraux dive into the mindset and strategies that lead to exponential growth in life and business. Tyler shares how he’s built a thriving real estate portfolio by making bold decisions, overcoming doubts, and leaning into hard situations that forced him to level up.Tyler and Rich offer actionable insights on the power of quick decision-making, setting non-negotiable goals, and putting yourself in environments that demand excellence. From navigating partnerships to scaling value-add opportunities, this conversation is packed with strategies for anyone ready to step up and take control of their future.Whether you’re just getting started or scaling your investments, this episode delivers real talk and practical takeaways to help you thrive in the face of challenges.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.

9 snips
Jan 2, 2025 • 1h 1min
How He’s Built a $4 Billion Real Estate Portfolio Using the 10X Strategy | Grant Cardone E289
Grant Cardone, a real estate mogul with a stunning $4 billion portfolio, shares his 10X strategy for wealth building. He discusses his bold moves during the pandemic, leveraging debt, and navigating today’s high-interest environment. Cardone emphasizes shifting from a scarcity to an abundance mindset and the importance of strategic acquisitions. He offers insights on inflation and market uncertainty, challenging traditional wealth beliefs. Listeners gain actionable strategies for scaling their own investments in a complex financial landscape.

Dec 31, 2024 • 44min
He’s an Up & Coming Pop Singer & Song Writer Who Shares His Journey | Blake Schmitz E288
How does a small-town farm kid become a rising star in the music industry? At just 21 years old, Blake Schmitz is making waves as a pop singer-songwriter with 150,000 monthly listeners on Spotify. From balancing life as a farm manager in Minnesota to performing on stage, Blake shares how he’s blending two completely different worlds to pursue his passion.In this episode, Rich Somers and Blake explore the grit behind building a personal brand, growing a fanbase with innovative advertising strategies, and creating a lasting connection with audiences. Blake reveals the power of independent artistry, his approach to producing and marketing his music, and how his farm life fuels his entrepreneurial mindset.Whether you’re an aspiring musician or looking for inspiration to chase your dreams, this episode dives deep into the journey of turning passion into purpose.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.

Dec 28, 2024 • 27min
The Greatest Transfer of Wealth in American History is About to Go Down | Mikey Taylor E287
The greatest wealth transfer in U.S. history is here, and Rich Somers is making bold moves to take full advantage. Joining Mikey Taylor’s podcast, Rich shares his game plan for navigating this unprecedented shift as 40 million baby boomers retire in the next seven years. With a quarter of boutique hotels owned by this generation, Rich explains why now is the perfect time to pivot into this lucrative niche.In this episode, Rich breaks down his strategy of targeting underperforming boutique hotels, utilizing creative seller financing, and implementing lean operational models to maximize returns. He also explains why the tightening of Airbnb regulations is pushing demand back toward boutique hotels—and how he’s staying ahead of the curve by playing offense, even in uncertain times.Whether you’re an investor or entrepreneur, this conversation is packed with insights on how to capitalize on shifting markets, embrace risk, and stay in the game while others sit on the sidelines.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.

13 snips
Dec 26, 2024 • 1h 21min
Why Real Estate is the Easiest Path For the Everyday Person to Become a Millionaire | Thach Nguyen E286
Thach Nguyen, a real estate mogul who transformed $100 into a billion-dollar portfolio, shares his wealth-building secrets. He highlights why real estate is the best path for everyday people seeking financial freedom and the benefits of delayed gratification. Thach discusses the importance of owning just five paid-off rentals and his journey from Vietnam to success. He also shares innovative strategies like Accessory Dwelling Units (ADUs) and the power of social media in real estate. Get ready for a masterclass on mindset and actionable steps to financial independence!

Dec 24, 2024 • 58min
What it Takes to Truly Win as an up and coming Real Estate Investor | Gideon Spencer E285
Are you ready to discover what it really takes to succeed as a real estate investor? In this episode, Rich Somers sits down with Gideon Spencer, an up-and-coming investor who transitioned from short-term rentals to owning a 24-room boutique hotel in California wine country. Gideon shares how stepping into rooms where his dreams were others' realities helped him scale quickly and avoid costly mistakes.Rich and Gideon unpack strategies for time management, making decisive moves, and cutting out distractions to accelerate your growth. Gideon reveals his actionable 3-step approach to landing commercial real estate deals, while Rich emphasizes the power of speed, precision, and leveraging relationships to outperform the competition.Whether you’re just starting out or looking to level up, this episode dives deep into the mindset, systems, and habits that separate those who merely dream from those who execute and win.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.

Dec 21, 2024 • 19min
Is This a Good Time to Buy Real Estate? | Tyler Deveraux Saturday Edition E284
Is this the time to invest, or should you wait? Tyler Deveraux believes the next 3–6 months are critical for investors ready to capitalize on opportunities created by the biggest wealth transfer in history. He breaks down proven strategies like value-add boutique hotels, ADUs, and luxury short-term rentals—offering insights on how to unlock hidden potential in today’s market.Rich Somers adds his own perspective, sharing how he turned a 401K into an $80M portfolio by mastering the art of raising and multiplying capital. From bold decision-making to building a personal brand that attracts opportunities, Tyler and Rich uncover the mindset shifts essential for sustained growth—even in challenging times.Packed with actionable strategies and inspiration, this episode equips you with the tools to stop waiting and start building the wealth you’ve been chasing.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.

Dec 19, 2024 • 15min
Figure Out The Life You Really Want, Then Say No To Everything That Isn’t That | Alex Johnson E283
Ready to take control of your life and business? Rich Somers and Alex Johnson share how making intentional decisions and saying "no" to distractions can propel you to your biggest goals.In this episode, Rich and Alex dive deep into the mindset of growth, sharing how saying no to the wrong things opens doors for the right opportunities. They discuss how identifying and eliminating bottlenecks—whether they’re personal habits, people, or projects—can unlock your true potential and accelerate your success.From reflecting on their own experiences to offering practical advice, they challenge you to get clear on your life goals and take actionable steps toward making them a reality. Learn how focusing on what truly moves the needle will set you up for long-term growth and success in 2025.If you’re ready to eliminate distractions, clarify your vision, and start making impactful moves, this episode is your roadmap to doing just that.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.

26 snips
Dec 17, 2024 • 1h 13min
How He Built a $40M Real Estate Portfolio by Age 27 | Blake Rocha E282
Blake Rocha, a real estate investor who built a $40M portfolio by age 27, shares his secrets to success in short-term rentals and multifamily investments. He dives into the importance of risk management and consistency, emphasizing how the right mindset is crucial for long-term growth. Blake also discusses staying sharp mentally and physically, and shares valuable lessons from his early deals. This conversation is packed with actionable insights for anyone looking to navigate the real estate landscape and achieve their financial dreams.


