The Rich Somers Report

In this engaging discussion, Joseph Silva, co-founder of Coastal California Group, shares his expertise in helping mom-and-pop real estate investors thrive. He delves into the concept of return on equity and why many investors are underperforming. Silva provides real-life examples of trading aging properties for more lucrative options, highlighting the power of 1031 exchanges. He also explains effective portfolio repositioning strategies to enhance long-term value and reduce management hassles. This conversation is packed with actionable insights for savvy investors.

Is your mindset holding you back from building the wealth and life you want? In this episode of The Rich Somers Report, Rich sits down with Jason Drees, high-performance mindset coach and founder of Jason Drees Coaching, to unpack how reframing your mindset can unlock exponential growth in both business and life.Rich and Jason dive into:Why success doesn’t come from working harder—it comes from operating in alignmentThe difference between setting goals and committing to a targetHow to reprogram limiting beliefs and shift into a higher frequencyThe value of getting uncomfortable and aiming 10x biggerWhy most people stay stuck in planning mode—and how to break through itJason shares the frameworks he’s used to coach top entrepreneurs, including Brandon Turner, and how entrepreneurs can tap into their future selves, eliminate resistance, and expand their identity to reach new levels of performance. Whether you're just starting your business or scaling to new heights, this episode will challenge you to rewire your thinking and play a bigger game.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.

Discover how a boutique hotel deal was closed in just 37 days, thanks to a strong broker relationship. Hear about strategies to boost property value without a full renovation and the importance of enhancing guest experiences. The conversation dives into innovative revenue streams like amenity fees and cell tower leases. Additionally, explore the trends shaping boutique hotels and the vibrant community around their investment journey, all while maintaining a focus on teamwork and growth in the industry.

What’s next for real estate investors as the market continues to shift? In this episode of The Rich Somers Report, Rich sits down with Krystle Simpson, a commercial lending expert and real estate investor, to break down the latest trends in capital markets, interest rates, and where the best opportunities are emerging.Rich and Krystle discuss:How rising interest rates have impacted liquidity and investor activityWhy multifamily investments have become more challenging and what sectors are thrivingHow boutique hotels, industrial, and retail real estate are positioned for growthThe best ways to secure financing in today’s lending environment and avoid common pitfallsWhere investors should be looking in 2025 and beyond for long-term wealth buildingKrystle shares insights from working with investors navigating this complex market, offering strategies for finding deals, securing financing, and staying ahead of economic shifts. Whether you're actively investing or waiting for the right time to jump in, this episode provides the insights you need to make informed decisions.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.

Andrew Greer, a real estate investor focused on prefabricated accessory dwelling units (ADUs), shares insights on leveraging ADUs for rental income and long-term wealth. He explains the quick installation and cash flow potential of these units. The discussion highlights California's favorable zoning laws that are creating significant investor opportunities. Greer breaks down financing and permitting processes, while also sharing real-world examples demonstrating how ADUs can enhance property value and contribute to a profitable real estate portfolio.

Trevor Crowley, an entrepreneur and host of the Real Business Owners podcast, shares valuable insights on effective marketing strategies. He highlights the importance of first impressions through optimized websites and strong social media presence. Trevor contrasts organic content marketing with paid advertising, pinpointing common mistakes entrepreneurs make. He emphasizes crafting compelling hooks and utilizing webinars and lead magnets for sustained growth, providing actionable tips for both newcomers and seasoned business owners aiming to attract more leads.

How do you rebuild your life after hitting rock bottom? In this episode of The Rich Somers Report, Rich sits down with Trevor Cowley, entrepreneur, podcast host, and mastermind leader, to discuss how he overcame addiction, financial struggles, and limiting beliefs to build multiple successful businesses.Rich and Trevor dive into:How Trevor battled drug addiction, financial setbacks, and personal struggles to turn his life aroundThe mindset shifts that separate successful entrepreneurs from those who stay stuckHow he built multiple seven-figure businesses using sales, systems, and strategic hiringWhy investing in the right mentors and masterminds can be a game-changerThe role of discipline, fitness, and pushing limits in creating a winning mentalityTrevor shares his journey from battling addiction and working low-paying jobs to building businesses, investing in real estate, and leading a top-ranked mastermind. His story is proof that no matter where you start, transformation is possible when you commit to doing the work.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.

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.

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.

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.