Hotel play versus multifamily development

Most investors don’t fail because they lack opportunity—they fail because they make the game harder than it needs to be.

Rich Somers sits down with Austin Schmidt to break down why simple, repeatable real estate strategies outperform complex ones—especially in today’s market. The conversation focuses on discipline, execution, and why boring fundamentals like cash flow, operations, and consistency are what actually create momentum.

This episode is a clear, no-hype reminder that doing fewer things well—and sticking with them—beats chasing the next shiny strategy every time.