The Rich Somers Report cover image

The Rich Somers Report

Latest episodes

undefined
Nov 28, 2024 • 8min

Why This Game is About the "At-Bats" | E274

Own real estate and ready to buy your first boutique hotel? Let’s talk—get on a call and start your journey before the year ends: www.hotelinvesting.com.Are you letting fear of failure stop you from taking that crucial first step? Rich Somers breaks down why success in business and real estate is all about the “at-bats” and how taking action, even in the face of mistakes, can lead you to winning big.Rich talks about his personal journey, from making mistakes on his first real estate deals to scaling his portfolio to $80M in assets under management. He emphasizes how the key to growth is making decisions, learning from failures, and gaining experience through consistent action—whether it's buying your first real estate deal, launching your business, or putting out that first piece of content.If you're ready to stop waiting for the "perfect" moment and start taking action, this episode will show you how embracing risk and staying consistent can skyrocket your success and accelerate your journey to achieving big results.--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.
undefined
Nov 26, 2024 • 1h 11min

How to Win with Experiential Boutique Hotels & Micro Resorts in the Modern Traveler Era | Ben Wolff E273

Own real estate and ready to buy your first boutique hotel? Let’s talk—get on a call and start your journey before the year ends: www.hotelinvesting.com.Ready to dive into the world of experiential boutique hotels and micro-resorts? Ben Wolff, Co-founder of Onera and Oasi, a leader in creating transformative hospitality experiences, shares his expertise on why these types of properties are revolutionizing the travel and investment landscape.Ben talks about how the demand for experiential stays is reshaping the hospitality industry, why smaller, immersive properties are surpassing traditional hotels, and the key factors for successful projects. He also offers his proven strategies for identifying prime locations, curating unforgettable guest experiences, and securing financing for boutique hotel developments.Rich Somers highlights how these unique properties are shaping the future of travel and creating lucrative opportunities for investors looking to tap into this growing market.With Onera’s success, including their landmark sale of a landscape hotel to Summit Hotel REIT in 2022, and Oasi's innovative marketing strategies, Ben’s insights are invaluable for investors looking to break into experiential boutique hotels and micro-resorts.This episode is a must-listen if you're interested in capitalizing on one of the most exciting trends in modern hospitality.--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.
undefined
Nov 23, 2024 • 28min

3 Ways To Become a Millionaire through Real Estate in 2025 | Kassidy Warren E272

Ready to turn real estate into your ticket to millions in 2025? Kassidy Warren, a powerhouse investor with over $100 million in assets under management, reveals the three game-changing strategies that can transform your portfolio.Kassidy breaks down how luxury flips, ADU builds, and value-add commercial properties are the key to creating serious wealth. These strategies aren't just theories—they’re the proven steps that have worked for Kassidy and countless others in the real estate game.As a leader in the Boutique Hotel Investing Mastermind Community, led by Rich Somers and Somers Capital, Kassidy shares his expertise on how boutique hotels can unlock massive returns and diversify your portfolio.If you're serious about scaling your portfolio, unlocking high-value opportunities, and accelerating your real estate success in 2025, this episode delivers the tools you need to take action.--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.
undefined
Nov 21, 2024 • 59min

The Ability to Raise & Multiply Capital is the Highest Value Skill in the World | John Azar E271

Mastering the art of raising and multiplying capital is non-negotiable, and John Azar is here to break it down. As the Founder and Managing Partner of Peak 15 Capital, John shares why the ability to raise capital is the ultimate game-changer in business. John and Rich break down how to attract the right investors, structure deals that work, and scale your business—whether you're just starting or already running an established operation. John also dives into the key steps for building strong investor relationships, managing deal flow, and securing the capital that will push your business to the next level.Mastering capital raising is the key to unlocking true success and driving growth in any venture. If you're serious about leveling up, multiplying your capital, and opening doors to bigger opportunities, this episode is a must-listen.--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.
undefined
Nov 19, 2024 • 49min

Asset Protection: How to Structure Your LLCs When Buying Real Estate | Mauricio Rauld E270

Asset protection is a game-changer for real estate investors, and Mauricio Rauld is pulling back the curtain on how to structure your LLCs for maximum security. With over two decades of experience as the founder of Premier Law Group, Mauricio is a trusted authority in asset protection and tax strategies for real estate professionals. In this episode, he dives deep into the importance of setting up LLCs properly to protect your assets and minimize liability risks.Mauricio breaks down step-by-step how to structure your LLCs to shield your wealth from potential threats, offering actionable advice whether you're new to real estate or a seasoned investor. He also reveals how the right legal framework can help you navigate both liability protection and tax efficiency—crucial elements for building long-term wealth.Rich Somers offers his perspective on how structuring LLCs and protecting assets has been a crucial part of his own real estate strategy, enabling him to scale his portfolio to $80M AUM.Gain key insights into LLC structures, risk minimization, and safeguarding your assets against unforeseen challenges in this must-listen episode.--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.
undefined
Nov 16, 2024 • 12min

5 Major Changes You NEED TO KNOW Likely Coming Post 2024 Election | Mauricio Rauld Saturday Edition E269

What’s the real impact of the post-2024 election for real estate investors? Rich Somers sits down with Mauricio Rauld, a seasoned securities attorney and founder of Premier Law Group, to break down the 5 major shifts that could seriously change the game. With Trump’s victory, things like bonus depreciation coming back, a more relaxed definition of accredited investors, and the potential to see the Corporate Transparency Act repealed—these changes are a huge opportunity for investors who are ready to act.Mauricio, who’s helped numerous investors navigate securities law and raise capital through syndications, dives into how deregulation in crowdfunding and the ability to get paid for connecting investors could transform the capital-raising game. Rich gives his take on how these changes are more than just political—this is the kind of shift that opens up massive potential for those who know how to capitalize on it. Tune in to hear how you can seize the moment and get ahead of the curve.--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.
undefined
Nov 14, 2024 • 1h 19min

Reaction to Trump Victory & How It Could Change Everything for Americans | Stephanie Myers E268

What does Trump’s victory mean for the future of America—and how will it impact YOU?Rich Somers sits down with Stephanie Myers, a seasoned news anchor and reporter, to unpack the aftermath of Trump’s win and the game-changing effects it will have on everyday Americans. From shifting immigration policies to new economic landscapes, this conversation breaks down the major political and societal changes on the horizon.Stephanie reveals how the new administration’s policies will affect key sectors like business, real estate, and the job market, offering valuable insights on what’s to come.Rich also provides his unique perspective on the political landscape’s impact on the real estate market and the opportunities for investors navigating these uncertain times.Tune in for essential insights on how to prepare for a transformed America and leverage the upcoming changes in your personal and professional life.--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.
undefined
Nov 13, 2024 • 1h 5min

Why This is the #1 Skill You Can Have as a Real Estate Investor & Hostel Investing Explained | Nathan St Cyr E267

What if mastering one key skill could unlock your success in real estate investing? In this episode, Rich Somers and Nathan St Cyr dive into the importance of understanding risk and how it plays a central role in every successful investment strategy—whether you’re a seasoned pro or just getting started. Rich shares insights from his own journey, discussing how patience, perseverance, and a keen understanding of risk were critical in scaling his hotel investments. From his first property to now overseeing a growing portfolio, Rich highlights the essential skill of navigating challenges and seizing opportunities when others might hesitate. Nathan brings his expertise on hotel investing, explaining how the landscape is evolving and where the biggest opportunities lie. With a focus on the crucial elements of due diligence, market analysis, and the importance of securing the right team, this episode is packed with actionable advice for anyone serious about real estate. Tune in to hear Nathan and Rich break down their unique approaches to investing, and learn why mastering the art of risk management is the key to long-term success in real estate.--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.
undefined
Nov 9, 2024 • 12min

7 Ways the Election Will Change the Real Estate Investing Game | E266

As the political landscape shifts following Donald Trump's recent election victory, what does it mean for real estate investors? In this Saturday Edition, Rich Somers delves into seven pivotal factors that will reshape the real estate investing arena in the coming years. From anticipated changes in tax laws to evolving market dynamics, understanding these developments is crucial for investors aiming to capitalize on new opportunities. Tune in to gain insights into how the election's outcome will influence investment strategies and what steps you can take to stay ahead in this evolving market.--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.
undefined
Nov 8, 2024 • 1h 15min

The Truth About Driving: Exotic Cars, Supercars, and How to Use Them to Level Up Your Network | Clem Connor E265

Curious about how exotic cars can unlock new networking opportunities? Join Rich Somers as he dives into a high-octane conversation with Clem Connor, founder of the exclusive car club, Fast Lane Drive, that transforms driving into a gateway for success.In this episode, Clem reveals how owning exotic cars can open doors to high-net-worth individuals and new business opportunities. He shares practical tips on the financial aspects of buying and leasing luxury vehicles and explains how to leverage them for maximum visibility.Rich and Clem also discuss the strategic benefits of using exotic cars to enhance personal branding and build meaningful connections. If you want to understand how to use luxury cars to accelerate your career and expand your network, this episode is a must-listen!--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.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode