

The Rich Somers Report
Rich Somers
Join host Rich Somers, as he interviews top real estate investors, entrepreneurs, and athletes from all over the world to discuss all things real estate, business, and wealth related. His first guests include Tarek El Moussa - real estate investor & TV personality, and Cliff Avril - former Seattle Seahawks player & Super Bowl XLVIII Champion. Rich is an active real estate investor and entrepreneur holding a portfolio of apartment buildings, boutique hotels, and short-term rentals valued in excess of $80M. He was an air traffic controller for the government for 11 years, and cashed out his 401k to get his start in real estate investing. Connect with Rich on Instagram: @rich_somers
Episodes
Mentioned books

Oct 3, 2024 • 46min
From Earthquake Survivor to $40M AUM | Carl Dumesle E250
Carl Dumesle went from surviving Haiti’s devastating earthquake to building a real estate empire in San Diego, amassing an impressive $40 million in assets under management. Rich Somers is here to unpack every bold move along the way. As a key member of the 7-Figure Creator Mastermind, Carl's relentless ambition and refusal to settle for anything less than success make his story truly inspiring. This episode is packed with real-life lessons on turning adversity into strength, overcoming obstacles, and chasing your dreams—exactly the motivation every entrepreneur needs.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.

15 snips
Oct 1, 2024 • 1h 9min
How a $20K Investment Built a $7M Micro-Resort | Issac French E249
Isaac French, a former accountant turned hospitality entrepreneur, created Live Oak Lake, a luxury micro-resort in Waco, Texas, transforming a $20k investment into a $7M success. He shares his journey of using social media to attract guests and the importance of creating memorable experiences. Isaac discusses innovative features like a shipping container pool that boosted profitability. He also explores crowdfunding strategies that helped launch new projects, emphasizing the need for branding and unique offerings in the evolving hospitality industry.

Sep 28, 2024 • 19min
What is Subject-To and Creative Finance? | Pace Morby Saturday Edition E248
Rich is joined by Co-Host, Pace Morby, on today’s Saturday Edition. They answer the top question of the week that was sent in by our listeners.Rich and Pace speak on the fundamentals of subject-to real estate deal, the types of candidates that make for a good seller, defaulting on sub-to deals, positioning landlords to lenders, and negotiating with maximum leverage. They also discuss the willingness to over-paying on a property, amortization, and bank lending. Connect with Pace on Instagram: @PaceMorbyJoin 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.

Sep 26, 2024 • 1h 15min
Hustle, Health, and Hidden Truths: What We’re Not Supposed to Talk About | Bo DePaoli E247
Ready to master social media and grow your personal brand? Join the 7 Figure Creator Mastermind Communinty in the next 48 hours and receive a ticket to win a 2024 Range Rover Sport! Time is running out—secure your spot today.Join Rich and gym mogul Bo DePaoli as they reveal the raw, unfiltered secrets of dominating the fitness industry and the relentless hustle behind building sustainable brands. This episode dives deep into the gritty truths of entrepreneurship, navigating fierce competition, and exposing election corruption within powerful unions, along with hard-hitting insights on business and lifestyle. Whether you're a fitness enthusiast or an aspiring entrepreneur, prepare for a masterclass in hustling smart, leveling up your health and mindset, and breaking the mold in a saturated market.Bo DePaoli is the founder of D3 Enterprises and has recently ventured into the fitness sector, successfully turning around two failing gyms within a year of their acquisition.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.

Sep 24, 2024 • 1h 32min
Learn How to Live Longer, Alleviate Pain, & Move Better | Dr. Tom Walters E246
Ready to master social media and grow your personal brand? Join the 7 Figure Creator Mastermind Communinty in the next 48 hours and receive a ticket to win a 2024 Range Rover Sport! Time is running out—secure your spot today.Rich and Dr. Tom Walters discuss common misconceptions within the orthopedic physical therapy space, how your mindset can affect your health, and tips on how to get the most out of your strength training exercises. Dr. Tom Walters is a board-certified orthopedic physical therapist and strength and conditioning specialist based in Santa Barbara, California. In addition to his clinical practice, he also runs one of the world’s largest social media accounts dedicated to physical rehab (@rehabscience on Instagram).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.

Sep 21, 2024 • 27min
How to Buy Your First Gym | Bo DePaoli Saturday Edition E245
Want to learn how to buy a gym? Rich and Bo discuss the key factors of gym investing, how to maintain additional streams of revenue while owning a gym, and the importance of muscle building.Bo DePaoli is the founder of D3 Enterprises, he's recently ventured into the fitness sector, successfully turning around two failing gyms within a year of their acquisition.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.

Sep 20, 2024 • 34min
The Journey From Air Traffic Controller to $80M in Real Estate | E244
Rich is interviewed by Ryan Bakke on the LearnLikeACPA podcast where Rich shares his journey cashing out his 401k to buy his first couple of deals, and scaling to $80M, through the real estate investing space and his approach to investments and deals. Ryan Bakke is a real estate tax strategist, and also a investor in the Somers Capital Boutique Hotel Fund.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.

Sep 17, 2024 • 58min
How to Buy a Laundromat | Tom Donnelly E243
Want to learn how to buy a laundromat business? Rich and Tom Donnelly chat all things laundromat investing, the biggest mistakes to avoid, how to find and analyze the best locations and deals, value-add strategies, and how you can buy your first laundromat in 2024! Tom Donnelly is an experienced entrepreneur and investor who has been buying laundromats for the past 5 years (owns 3, building out a 4th) and investing in real estate for 6 years. Connect with Tom Donnelly on Instagram: @mrtomdonnellyJoin 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.

Sep 14, 2024 • 5min
The Real Problem With the Public School System | Grant Cardone Saturday Edition E242
In this Saturday Edition episode, Rich sits down with Grant Cardone to discuss the pros and cons of homeschooling and the public school system.Grant Cardone is an American businessman, Equity Fund Manager ($4B Assets Under Management), Real Estate Investor, Business author and Founder of 10X Growth Conference, 10X Health System, Cardone Ventures & 10X Studios. Also author of seven best selling business books, creator of Cardone U online education and The 10X Growth Conferences (the largest business conference in the USA.) 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.

Sep 12, 2024 • 58min
How He Lost $100k Buying Real Estate With the Wrong People and How to Find the “Right People” To Partner With | Diego Corzo E241
In this episode, Rich sits down with Forbes-featured millennial real estate entrepreneur Diego Corzo to discuss his journey from Peru to the US at the age of 9, buying his first property at age 23, and the steps he took to build passive income streams through real estate which led to him becoming a millionaire under the age of 30.Diego Corzo is a millennial real estate entrepreneur, investor, mentor, and TEDx speaker. Diego's story has now been featured in Forbes, CNN Money, Inc.com, Entreprenuer.com, Fox News, Telemundo and Univision. He aspires to help others become financially free and reach their full potential. 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.


