The Rich Somers Report cover image

The Rich Somers Report

Latest episodes

undefined
Mar 11, 2025 • 2h

Level Up Your Relationships: Attracting a Higher Quality Partner | Michael Sartain E318

Michael Sartain, a networking and social dynamics expert, dives into attracting high-quality partners in today's dating landscape. He discusses how traditional dating advice fails in the age of social media and the crucial differences between attention and genuine interest. Listeners will learn about the transformative power of hosting events to build social circles, and key strategies from top networkers to enhance attraction. Sartain also critiques unrealistic relationship expectations and shares insights on navigating modern dating challenges.
undefined
Mar 8, 2025 • 21min

Navigating the Market: Insights on Economy and Interest Rates | Kenny Simpson (Saturday Edition) E317

In this engaging discussion, Kenny Simpson, a seasoned commercial real estate investor and lending expert, dives into the shifting dynamics of interest rates and market trends. He uncovers how the Fed's evolving narrative impacts real estate investment. Topics include the effects of softening job markets on interest rates and the current liquidity challenges faced by investors. Kenny shares insights into institutional strategies for 2025 and whether now is the right time to buy before competition heats up.
undefined
27 snips
Mar 6, 2025 • 1h 10min

Building a $450 Million Real Estate Empire Using Low & No Money Down Strategies | Pace Morby E316

Pace Morby, a real estate investor and creative finance guru with a portfolio nearing half a billion dollars, divulges his secrets to scaling a successful enterprise without traditional loans. He shares game-changing strategies like seller financing and sub-to deals. Listeners will learn about the potential in boutique hotels and mobile home parks, and the importance of leveraging motivated sellers. Pace highlights the common pitfalls new investors face and imparts his proven playbook for minimizing risks and building lasting wealth.
undefined
17 snips
Mar 4, 2025 • 46min

Airbnb's Exit: Why Boutique Hotels Are the New Investment Trend | E315

Dustin Heiner, a real estate investor and host of The Master Passive Income Show, shares insights on the shift from Airbnb to boutique hotels. He discusses how tightening regulations are driving this trend and why boutique hotels offer better cash flow and scalability. Dustin highlights the wealth transfer from baby boomers and offers strategies for finding and marketing these unique properties. He also shares his journey in building an $85 million portfolio, making a compelling case for boutique hotels as the next big investment opportunity.
undefined
Mar 1, 2025 • 1h 17min

Tax-Free Wealth: Investing Money Hacks for Generational Wealth | Brian Decker E314

Want to build wealth and keep more of what you earn? In this episode of The Rich Somers Report, Rich sits down with Brian Decker, a serial entrepreneur and investor, to break down the most effective tax strategies, investing hacks, and long-term wealth-building moves that the ultra-wealthy use to legally minimize taxes and maximize returns.Rich and Brian discuss:How the wealthiest investors leverage real estate, private equity, and tax loopholes to grow wealth.Why most financial advisors don’t teach people how to truly reduce their tax burden.The power of Roth IRAs, self-directed IRAs, and 529 plans for tax-free growth.Why debt is not the enemy—how billionaires use it to avoid taxes and expand their portfolios.How to protect your wealth from inflation, government policy shifts, and market volatility.Brian shares his playbook for structuring investments to generate tax-free cash flow, leveraging tax-advantaged accounts, and using debt intelligently to build generational wealth. If you're tired of overpaying in taxes and want to learn the secrets the top 1% use to legally keep more money, this episode is for you.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.
undefined
Feb 27, 2025 • 34min

When to Take the Leap: Leaving Your Job to Chase Your Dream | Dustin Heiner E313

How do you know when it’s time to walk away from your 9-to-5 and go all-in on your dream? In this episode of The Rich Somers Report, Rich sits down with Dustin Heiner, real estate investor and host of The Master Passive Income Podcast, to break down the mindset shifts, financial moves, and key decisions that helped them transition from W-2 jobs to full-time real estate investing.Rich and Dustin dive into:Why most people are underpaid and how to break free from a paycheck mindset.How Dustin went from getting laid off with a newborn at home to building a real estate portfolio that replaced his income.The biggest mistakes to avoid when planning your exit from a job.How to leverage your 9-to-5 to build your investments before making the leap.Why self-identity matters—and how calling yourself an investor before you are one can accelerate your success.Rich also shares how he cashed out his 401K in 2019 to buy his first real estate deal, a move that led to building an $85 million boutique hotel portfolio. If you’re ready to take control of your time, income, and future, this episode will challenge you to rethink what’s possible.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.
undefined
Feb 25, 2025 • 1h 6min

Unlocking Wealth: 90% of Millionaires are Created From Real Estate, 100% of Billionaires are Created From Private Equity | Kris Krohn E312

Kris Krohn, a seasoned real estate investor and private equity expert, dives deep into the wealth-building landscape. He discusses his remarkable journey from saving $5,000 for his first investment to amassing a large portfolio. Kris reveals how house hacking and leveraging equity can lead to financial freedom. He also highlights the ongoing wealth transfer from baby boomers and the rising opportunities in acquiring businesses. By shifting his focus from real estate to private equity, Kris shares insights on scaling wealth to unprecedented heights.
undefined
5 snips
Feb 22, 2025 • 40min

A Man's Purpose is to Become the Best Version of Himself & Give it to the World | Wes Watson E311

Wes Watson, a mindset and personal development expert, shares his compelling insights on unlocking one's potential. He emphasizes the importance of self-discipline and fitness for success while advocating for high-frequency habits. The conversation delves into how upgrading your environment can catalyze personal growth. Wes also explores the power of authenticity in personal branding and storytelling as tools for deeper connections. He challenges listeners to embrace individuality, express themselves, and realize their self-worth for a purpose-driven life.
undefined
Feb 19, 2025 • 1h 4min

The Key Trait Shared By All Successful Business Owners | Mike Sherbakov E310

In this conversation, Mike Sherbakov, a general partner at The Veteran Fund and experienced mentor to over 10,000 entrepreneurs, shares crucial insights on successful business ownership. He highlights resilience, adaptability, and leadership as essential traits for founders. The discussion touches on the importance of personal health and the unique strengths of veterans and athletes in entrepreneurship. Mike also explores how venture capital firms evaluate potential investments and warns against the shiny object syndrome in business.
undefined
Feb 18, 2025 • 7min

Stop Listening to the People Closest to You, and Start Listening to the People Closest to Your Goals | E309

The people around you might care about you—but that doesn’t mean they know what’s best for your future. In this solo episode of The Rich Somers Report, Rich shares why taking advice from family, friends, and coworkers who have never done what you’re trying to do can hold you back—and why surrounding yourself with the right people is the key to success.Rich breaks down:Why most people discourage risk-taking—and how to push past their limiting beliefs.The biggest mistake new investors and entrepreneurs make when seeking advice.How he ignored the noise when cashing out his 401K to buy his first real estate deal.The power of getting into the right rooms, shaking the right hands, and building a new circle.Why taking action—despite fear—is what separates those who succeed from those who don’t.If you’re tired of hearing “that’s too risky” from people who’ve never done it, this episode will challenge you to step up, shift your mindset, and start listening to the right voices.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.

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner