The Rich Somers Report

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.

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.

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.

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.

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.

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.

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.

The hosts dive into a new real estate deal in San Clemente, celebrating its charm and investment potential. They share thrilling updates on their boutique hotel acquisition and the strategic shifts in hospitality. Insights from past successes fuel their optimism for future growth. The focus is on appealing to modern travelers and enhancing the guest experience. The rapid 23-day closing process highlights the dynamic nature of real estate investing, inviting others to explore these exciting opportunities.

Are high taxes and government policies discouraging hard work and economic growth? In this episode of The Rich Somers Report, Rich sits down with Kevin Faulconer, former mayor of San Diego, to discuss the long-term impact of over-taxation, rising homelessness, and the business exodus from California.They dive into:How liberal policies in California are making it harder for businesses and individuals to thrive.Why high taxes and lack of accountability are driving businesses out of California.The growing homeless crisis and how cities like San Diego are handling the issue.Why political will and leadership are the key to making meaningful changes and improving quality of life.The role of entrepreneurship and business-friendly policies in fostering real economic growth.Kevin also shares his thoughts on California’s real estate market, the importance of balancing regulations with opportunities, and how we can turn the tide in favor of those who want to improve their lives.If you’re frustrated by the current state of politics, taxes, and business, this episode is for you. Tune in to hear what needs to change and how it could impact your future.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.

Is playing it safe really the best path to wealth? In this episode, Rich Somers joins Hunter Thompson on Cash Flow Connections to break down why he walked away from a secure W-2 job, cashed out his 401K, and went all-in on real estate investing—ultimately building an eight-figure net worth through boutique hotels.Rich and Hunter dive into:Why the greatest wealth transfer in history is creating once-in-a-generation opportunities.The power of taking bold action and how real estate can provide real financial freedom.Why boutique hotels are outperforming short-term rentals and how to navigate Airbnb regulations.The role of personal branding in raising capital, attracting deals, and scaling a business.The mindset shifts required to break out of the traditional path and build lasting wealth.Rich shares his journey from an air traffic controller to a full-time investor, while Hunter breaks down why timing, market cycles, and strategic decision-making are key to long-term success. Whether you’re stuck in a W-2 or looking to scale, this episode offers real insights into betting on yourself and making big moves in real estate.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.