The Rich Somers Report

Rich sits down with Bethany LaFlam - an entrepreneur, a seasoned deal lawyer, a mother, and a visionary. With more than 20 years of experience practicing law, Bethany has leveraged that expertise into her business life. In her role as Managing Partner of Premier Law Group, Bethany focuses primarily on real estate syndications and funds, helping syndicators build their empires by safely leveraging OPE (Other People's EVERYTHING). Rich and Bethany discuss Bethany’s background, how to leverage scaling businesses while following SEC guidelines, SEC Regulation A Offerings, and the differences between a 506b and 506c offering. They also talk about what it means to find the right investor, single asset syndication businesses and building a fund, her journey in creating an AI platform on the block chain to aid investors in building a portfolio, and Bethany’s plan for her syndicated 11-unit Boutique Hotel in Belize. Lastly, Rich and Bethany review investing with the IRA model and the debt fund model.Connect with Bethany on Instagram: @bethany_laflamJoin 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.

Rich sits down with Greg Wilson - CFO, Investor, Coach, and CPA. Greg’s career has spanned over 14 years and he’s raised over $200 million in private capital. He’s the founder of the E-commerce Accelerator, an online course and accelerator program designed to help e-commerce businesses succeed. Additionally, Greg serves as a managing partner at Precision Financial, a firm providing accounting, CFO, and consulting services to businesses. Greg is also an enthusiastic private investor in businesses, startups, funds, cryptocurrencies, and other non-traditional investments. His previous role included serving as CEO of the Colorado Division of a national financial consulting firm. Rich and Greg discuss Greg’s background, e-commerce, all things pickleball, and what it takes to successfully raise capital. They also talk about what it means to find the right investors, using credit in the right way, how to correctly value and exit a business, building a brand, laundromat businesses, and testosterone therapy.Connect with Greg on Instagram: @thegregmwilsonJoin 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.

On today's episode, we're rolling out a new segment called the "Saturday Edition" where Rich answers top questions of the week that are sent in by our listeners. If you have a question you'd like answered, please email info@somerscapital.com and stay tuned every Saturday to see if it's featured. We hope you like this new, interactive segment and appreciate your support + participation!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.

Rich sits down with Chris Luna - an entrepreneur, real estate investor, host of the On the Come Up podcast, and ADU Developer. Over the last 7 years, Chris has completed over 35 transactions in the sunny San Diego market. He’s on a mission to help a million people build generational wealth through practical development and starting in their own backyard.  Rich and Chris discuss the ADU business, Chris’s first real estate deal, the rent-by-the-room model, identifying the right architect, and the biggest challenges of doing the ADU game. They also talk about marketing to foreign exchange students, airbnb’ing properties, the real estate market in San Diego, floating-rate debt, and Chris’s ADU Development course “Backyard Billionaire.” Chris also shares an anecdote about doing a 1031 into a deal.   Connect with Chris on Instagram: @chrisj.lunaJoin 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.

Rich sits down with Jeff Fenster, an entrepreneur, best selling author, podcast host and expert in relationship capital. He was named a top 100 Entrepreneur in America, Top 40 Executive under 40 by the Business Journal, and a Top Entrepreneur to Follow for 2022. Jeff is also the founder of the So Cal-based superfood brand, everbowl. everbowl is nationally recognized for making healthy superfoods accessible and affordable to everyone.Rich and Jeff discuss all-things everbowl, whether the franchise model is a worthwhile pathway, Jeff’s start in the real estate space, and how to maximize businesses by team building. They also talk about leading with value, learning to pivot, Jeff’s company WeBuild, Jeff’s 7-year-plan, and the glorification of entrepreneurship.Connect with Jeff on Instagram: @fensterjeffJoin 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.

Rich sits down with Dominique Gunderson – a 25-year-old house flipper, real estate investor and co-founder of Gunderson Homes with her husband, Mitch. Dominique has been investing in real estate since she was 17 years old, and has built up to owning a successful real estate investment company in New Orleans, Louisiana. Between wholesaling, flipping, and buy and hold investments, she has over 80 deals under her belt and is an expert at both acquisitions and renovations. Her main focus today is long distance fix and flip investing, as she lives in Colorado while running 12+ fix and flip projects at a time in New Orleans. Rich and Dominique discuss how her passion for real estate came to fruition at the age of 17, her start as a wholesaler, and learning to delegate in the real estate space. They also talk about the intricacies of long distance fix-and-flips, the fundamentals of flipping houses, the current rate environment, and the most important members of a fix-and-flip business.Connect with Dominique on Instagram: @dom_flips_nolaJoin 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.

Rich sits down with Jordan McDonough and Bri West – the founders of Somerled Designs. Somerled is a design firm specifically for short term rentals. Their main focus is designing spaces that help maximize their clients' cash flow and overall return on investment. They do this by studying the market, understanding customer preferences, and applying their design expertise. Somerled designs properties that produce higher revenue, attract more bookings, and stand out in competitive markets. Rich, Bri, and Jordan discuss the importance of interior designing for short-term rentals, Somerled’s origin story, analyzing market data to maximize rental performance, and the biggest mistakes seen in design today. They also talk about target audiences, trending amenities, staging rental listing photos, the current state of the economic climate and its effects on the short-term rental space.Connect with Somerled Designs on Instagram: @somerled.designsJoin 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.

In part 2 of Rich's interview with Ryan Pineda, they discuss Ryan’s entrepreneurial mindset, the most successful daily routines, and the difference between a planner and a visionary. They also talk about choosing opportunities, Ryan’s ventures into acquiring companies and cars, and his experience with peptide therapy.Ryan Pineda is a serial entrepreneur and the CEO of seven different 7-8 Figure businesses. In addition to that he owns 500+ rental properties, has received 500M+ views on social media, and is a retired pro baseball player. He also hosts The Wealthy Way Podcast, where he interviews top experts in business, health, faith, and relationships while sharing his own experiences.Connect with Ryan on Instagram: @ryanpinedaJoin 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.

Rich sits down with Ryan Pineda – A serial entrepreneur and the CEO of seven different 7-8 Figure businesses. In addition to that he owns 500+ rental properties, has received 500M+ views on social media, and is a retired pro baseball player. He also hosts The Wealthy Way Podcast, where he interviews top experts in business, health, faith, and relationships while sharing his own experiences.Rich and Ryan discuss Ryan’s journey as a pro baseball player, being a realtor in the early 2010s, and how Ryan got into couch flipping. They also talk about how Ryan got into creating content on social media platforms, house flipping, going against conventional wisdom, and the utility of masterminds.Part 2 with Ryan Pineda will be released on Thursday, August 31st.Connect with Ryan on Instagram: @ryanpinedaJoin 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.

Rich sits down with Chris Groves – a serial entrepreneur who is leading the way in the lending industry and has funded over $7 billion in loans. He and his wife, Aleyna, started Groves Capital Inc, a family-owned mortgage company with the lowest rates in the industry. Groves Capital Inc. greatest accomplishments have been growing from 2 people to 575 across 25 states in fewer than three years; creating a family feel across the company where everyone works together to help others become successful; and doing billions in volume in such a short amount of time.Chris grew up in a small town of 942 people and started working at farms at the age of 12. At the age of 18, he left his small hometown with only $300 in his pocket and headed to San Diego to pursue his dreams.   Rich and Chris discuss Chris and Aleyna’s recent 10-year anniversary trip to Europe, what a typical Fast Lane Drive event looks like, and Chris’s prior experience as a personal trainer. They also talk about real estate lending (residential and commercial), the current and projected interest rate environment, and luxury rental properties.Connect with Chris on Instagram: @ceogrovescapitalJoin 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.