The Rich Somers Report

Rich Somers
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Aug 17, 2024 • 12min

The Self-Rental Strategy Explained | Saturday Edition Karlton Dennis E230

In this Saturday Edition Rich sits down with Karlton Dennis, a leading tax professional in America. Today, they talk about the Self-Rental Strategy and how being a Real Estate Professional can drastically save you big money on your tax returns, even if you or your spouse has a high-paying W-2.Connect with Karlton Dennis on Instagram @karltondennis 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.
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Aug 15, 2024 • 1h 12min

Tax Tips & Secrets from America’s Leading Tax Strategist | Karlton Dennis E229

On this week's episode, Rich sits down with Karlton Dennis, one of America's Leading Tax Strategists who focuses on "Tax Free Living" with compliance of Federal and State Tax regulations. Carlton is the Founder and CEO of Tax Alchemy, a firm specializing in sophisticated tax planning. They dive deep into topics like How to Write off a Private Chef, Revokable vs Irrevokable Trusts, STR Loopholes and placing your spouse or child on your payroll as a business owner. You'll also learn some of the best cars to write off on your taxes for Code Section 179. Connect with Karlton Dennis on Instagram @karltondennis 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.
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Aug 13, 2024 • 1h 4min

The Truth about Hangovers, Botox & Liposuction | Dr. Reza Tirgari E228

On today's episode, Rich sits down with Dr. Reza Tirgari a San Diego based Biochemist and Physician focused on aesthetic enhancement. Dr. Tirgari has over half a million followers on TikTok where he shares his expertise and debunks common myths in the aesthetic and beauty industry.  Rich and Dr. Reza dive into Masculinity and Aesthetic procedures like Botox, face lifts and Testosterone injections. After chatting about Rich and his journey with taking a break from alcohol, Dr. Reza shares his science backed ways to recover quicker and most effectively. With a specialization in liposuction, we learn who is a good candidate for lipo and what you need to be prepared for when getting this procedure.  Connect with Dr. Reza Tirgari on Instagram @avalonlaser and on TikTok @drreza_tJoin 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.
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Aug 10, 2024 • 28min

Listen to These 27 Minutes Before You Start Your Own Podcast | Ryan Pineda Saturday Edition E227

In this Saturday Edition you get a glimpse into the 7 Figure Creator Mastermind group calls and see Rich speaking with Ryan Pineda. Ryan shares his 7+ years experience in social media and experience in real estate since 2010. Throughout these 27 minutes, you'll learn the secrets of the top level business minds on social media and what sets them apart from the creators who do not succeed. 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.
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Aug 8, 2024 • 1h 16min

Why Investing in Hostels Could be the Next Big Thing | Michael Russell E226

On this Thursday episode, Rich sits down with Michael Russell, an owner/operator of Howzit Hostels, a growing brand of hostels based in the Hawaiian Islands.Michael shares his story on how he went from purchasing short term rentals in Hawaii to scaling up to investing in hostels. Michael and Rich discuss how taking risks in real estate can lead to unexpected opportunities and significant growth. Michael emphasizes that while risks are real, not seizing opportunities can lead to greater regret. 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.
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Aug 6, 2024 • 1h 14min

BYLT: Why This Brand is Disrupting the Apparel Game & How They Landed Mike Tyson | E225

On today's episode, Rich sits down with Joe Trachta and Jared Koenig, Director of Product and Vice President of Operations for BYLT -- a premium basics apparel brand with tailored fits, elevated designs and enhanced materials BYLT for any occasion.They dive into what sets BYLT apart from their competitors, how Rich X BYLT's brand partnership came to fruition, and the history of the company & how it got started. Joe and Jared share how falling in love with the craft & art of building product is what makes going into work every single day fun, how they landed partnerships with individuals like Mike Tyson & Rob Gronkowski, and their vision for where the brand is heading in the 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.
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Aug 3, 2024 • 17min

Those Who Wait For the Perfect Plan Never Play the Game | Saturday Edition E224

On today's Saturday Edition Episode, Rich sits down with co-host Alex Johnson to chat about why those who wait for the perfect plan never play the game. They discuss a few examples from their owns lives and share some key tips for any listeners out there who might be stuck in "analysis paralysis". 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.
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Aug 1, 2024 • 59min

He Created the World's First Ever Peanut Butter Tequila Brand | Cole Mueller E223

On today's episode, Rich sits down with Cole Mueller -- founder of Maniball Peanut Butter Tequila, the world's first PB tequila brand. He launched Maniball in San Diego in Q1 of 2024, and since then have expanded in multiple markets around the US. He's also a partner of the RMCI Group, a firm that builds high-end ultra luxury spec homes and flipa them for profit all over California. They focus on luxury markets in San Diego, LA, and Northern California. Rich and Cole dive into how he came up with the idea to combine peanut butter + tequila, everything that goes into creating the product, and his strategy for expanding the brand. They also discuss Cole's experience in the real estate investing space, the types of projects he works on with the RMCI Group, and the importance of relationships and a positive mindset.Connect with Cole on Instagram: @colemueller8Join 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.
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15 snips
Jul 30, 2024 • 55min

Latest News in the STR Market & How He Bought His First Boutique Hotel | Tony Robinson E222

Tony Robinson, a real estate investor and co-host of the Bigger Pockets Real Estate Rookie Show, shares his inspiring journey from a young father to a successful entrepreneur. He discusses how he acquired his first boutique hotel and the lessons learned from both successes and setbacks. The conversation touches on the dynamic short-term rental market post-COVID, the importance of adapting to changing regulations, and the role of education and community in real estate. Tony's insights into managing boutique hotels and enhancing profitability add valuable depth to the discussion.
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Jul 27, 2024 • 22min

How to Buy Your First Real Estate Deal in 2024 | Saturday Edition E221

On today's Saturday Edition episode, Rich is joined by Tony Robinson -- real estate investor and co-host of the Bigger Pockets Real Estate Rookie Show. Tony brings his expertise in long-distance real estate investing, the BRRRR strategy, real estate partnerships, and short-term rentals. Rich and Tony dive into the current interest rate environment, they discuss the latest market trends, and provide a detailed roadmap for those looking to make their first real estate investment.Connect with Tony on Instagram: @tonyjrobinsonJoin 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.

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