In today's episode, we are joined by Rich Somers, a successful real estate investor and owner of Somers Capital. Rich started his career as a car salesman and fell in love with sales, eventually transitioning into real estate investing. He started by buying multi-family properties but later found his passion in short-term rentals and boutique hotel investing.
Rich has a full company called Somers Capital, which includes a real estate fund and an in-house short-term rental property management company. He's an active social media user and is passionate about educating other investors on how to get into the short-term rental and boutique hotel space.
In this interview, Rich shares his journey into boutique hotel investing, why he believes it's a lucrative opportunity, and how he's buying these hotels. He discusses the appeal of smaller boutique hotels and the unique advantages they offer compared to larger hotel chains.
If you're interested in real estate investing, short-term rentals, or boutique hotels, this is an episode you won't want to miss. Tune in to learn from one of the most successful investors in the business, Rich Somers.
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