The Rich Somers Report

DJ Young, ranked 32nd in the world, is more than just a pro pickleball player; he's an entrepreneur running a paddle company and host of his own podcast. He dives into the booming pickleball phenomenon, revealing how star players earn up to $3 million annually. DJ explains the contrasts between major leagues, innovative business ideas like pickleball-themed travel, and the importance of personal branding. With exciting ventures on the horizon, including unique pickleball experiences on yachts, he illustrates how this sport is reshaping lifestyles and opportunities.

Pace Morby, a savvy real estate investor and educator renowned for his creative finance techniques, joins the conversation. They delve into the concept of 'subject-to' real estate deals, finding motivated sellers, and strategies to negotiate favorable financing. The duo discusses transforming landlords into empowered lenders and the importance of understanding seller motivations. Additionally, they highlight innovative financing options that challenge traditional property valuations, encouraging a fresh perspective on real estate investment.

Kevin Cho, an entrepreneur known for his unique investment approach, discusses his unconventional ventures, including transforming a nudist colony into a spiritual wellness retreat. He delves into the world of microdosing psychedelics and their potential mental health benefits, as well as the secrets to running successful music festivals. Cho shares insights on community building, navigating the festival industry, and how investing in vibes and experiences is the future of hospitality. Get ready for a wild ride into the fusion of counterculture and capitalism!

Soli Cayetano, a real estate investor known for buying a 13-room boutique hotel in Palm Springs at just 26, shares her inspiring journey. She discusses the challenges of entering the hospitality industry and the innovative marketing strategies that skyrocketed her hotel's visibility on social media. Soli emphasizes the importance of personalized service and on-site staff in creating memorable guest experiences. She also explores the future of wellness hospitality, focusing on community-driven stays that cater to evolving traveler preferences.

In this discussion, investor Mikey Taylor shares his insights on avoiding common real estate pitfalls. He explains why high-rise condos can be a bad investment and dispels the myth that renting is simply throwing money away. Mikey highlights how the current interest rates are shaping homeowner decisions and emphasizes the importance of cash flow versus traditional views on building wealth. This conversation is a must-listen for anyone looking to shift their mindset from homeowner to savvy investor.

Amanda Han, a tax strategist at Keystone CPA, shares her expertise on the sweeping new tax changes now in effect. She explains how the recent tax cuts benefit everyone, from gig economy workers to real estate investors. Listeners learn about 100% bonus depreciation, tax-free overtime income, and potential write-offs for luxury vehicles. Han also offers creative strategies like retiring a spouse to save big and setting up a "Trump Account" for kids to build generational wealth. It’s a must-listen for anyone looking to optimize their tax strategy!

Brandon Turner, a professional skateboarder and sobriety leader, shares his inspiring journey from addiction to helping others through recovery. He reveals how skateboarding has been a lifeline and discusses the importance of mental health in high-performance sports. Brandon founded West Side Recovery to transform lives through personalized treatment. The conversation touches on how breathwork and discipline shaped his comeback, emphasizing that resourcefulness and support are vital in overcoming challenges. This powerful narrative highlights that a comeback can truly become a calling.

You can build the business, the body, and the bank account—but if you fail your marriage, what was the point?In this episode, Rich sits down with Dan Martell to talk about the real flex: building a thriving family while scaling a successful company. From dating your wife to homeschooling your kids (even when they’re in school), Dan drops the unfiltered truth about what it takes to show up fully—as a husband, father, and leader.They cover:Why your wife’s happiness is the foundation of a strong familyThe simple mindset shift that will 10x your relationshipHow Dan thinks about education, priorities, and parenting in the AI eraWhy most men fall off after marriage—and how to stay in shape for youThe reason he doesn’t care about his kids’ grades (and what he teaches them instead)If you want to build a legacy that actually matters, this one’s your blueprint.Let’s go.Connect with Dan Martell on Instagram: @danvmartellJoin 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.

Storage units? Not quite. Try luxury man caves that cash flow like apartment buildings.In this episode, Rich sits down with Ryan Garland—the #1 man cave developer in the country and the visionary behind a $500M+ real estate empire built on a wildly underrated asset class. From building “car condos” for high-net-worth collectors to stacking eight-figure exits, Ryan breaks down the niche that most investors are sleeping on.They cover:How he scaled a luxury storage concept into a national brandWhy man caves have insane returns (and almost zero tenant drama)What every investor should know about zoning, land, and designHow he turns gearhead passion into portfolio equityWhy timing, scarcity, and lifestyle branding matter more than compsIf you’re looking for a real estate play that’s low competition and high profit—this is it.Let’s ride.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.

Austin Schmidt, a real estate developer and founder of Lux Builders, shares his firsthand experiences in luxury home construction. He reveals why most developers falter after their first project, helping listeners navigate the complexities of permits and city challenges. Discussions include raising capital for new developments, the stark difference between theoretical plans and real-life delays, and why developing remains a worthy bet. Austin's insights offer a valuable roadmap for anyone looking to succeed in real estate development.