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The Rich Somers Report - Podcast

The Rich Somers Report

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

Entrepreneurship Investing Business
Update frequency
every 2 days
Average duration
48 minutes
Episodes
396
Years Active
2022 - 2025
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Should You Start Your Own Meetup? | Saturday Edition E96

Should You Start Your Own Meetup? | Saturday Edition E96

On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners. 

Rich and Alex discuss the benefits of starting a real estate networking event, if i…

00:21:23  |   Sat 14 Oct 2023
He’s a Musician & Song Writer Who’s Found a Passion in the Airbnb Space | Gabe Kubanda E95

He’s a Musician & Song Writer Who’s Found a Passion in the Airbnb Space | Gabe Kubanda E95

Rich sits down with Gabe Kubanda - an alt-pop artist, singer/songwriter, co-creator of the Epic Proportions Tour, playing well over 750 shows on multiple continents, founder of the Non Profit “EduMus…

00:53:12  |   Thu 12 Oct 2023
He’s a Luxury Developer Who’s Transacted Over $600M of Real Estate | Nick Marietta E94

He’s a Luxury Developer Who’s Transacted Over $600M of Real Estate | Nick Marietta E94

Rich sits down with Nick Marietta - a Real Estate Investor, Luxury Builder, and Fix & Flip Expert. He’s got over $600,000,000 in Construction & Real Estate transactions. 
 
 Rich and Nick discuss Nick’…

01:11:55  |   Tue 10 Oct 2023
Two Major Real Estate Opportunities Nobody is Talking About | Saturday Edition E93

Two Major Real Estate Opportunities Nobody is Talking About | Saturday Edition E93

On today's "Saturday Edition" episode, Rich answers top questions of the week that are sent in by our listeners. 


Rich, Alex, and Jennifer discuss the biggest opportunities in the boutique hotel inves…

00:35:03  |   Sat 07 Oct 2023
What You Need to Know About Boutique Hotel Investing | (Hosted by Ryan Pineda) E92

What You Need to Know About Boutique Hotel Investing | (Hosted by Ryan Pineda) E92

Today, join Rich as he guests on The Wealthy Way Podcast hosted by Ryan Pineda where they discuss marketing strategies, the pros and cons of listing hotels on Airbnb, the rise of shared experiences a…

01:20:12  |   Thu 05 Oct 2023
Replacing Your 9-5 Income w/ Short-Term Rentals & Should You Cash Out Your 401K? | Michael Elefante E91

Replacing Your 9-5 Income w/ Short-Term Rentals & Should You Cash Out Your 401K? | Michael Elefante E91

Rich sits down with Michael Elefante - a real estate investor, entrepreneur and social media influencer. Michael is the founder of BNB Investor Academy, a coaching program that has helped over 1,200 …

01:10:07  |   Tue 03 Oct 2023
Should You Buy For Cash Flow or Appreciation & Biggest Challenges of Buying Hotels | Saturday Edition E90

Should You Buy For Cash Flow or Appreciation & Biggest Challenges of Buying Hotels | Saturday Edition E90

On today's "Saturday Edition" episode, Rich answers top questions of the week that are sent in by our listeners. 

Rich and Alex discuss why real estate investing isn’t taught in schools, high cashflow…

00:19:37  |   Sat 30 Sep 2023
Investing in Affordable Housing & Is the Middle Class Mindset “Intentional”? | Karl Gorman E89

Investing in Affordable Housing & Is the Middle Class Mindset “Intentional”? | Karl Gorman E89

Rich sits down with Karl Gorman — the founder and CEO of GLH LLC; Managing Partner of Valhalla Capital; Co Founder of Black Future Foundation and board member of The University Club Atop Symphony Tow…

00:42:37  |   Thu 28 Sep 2023
From Broke to $400 Million in Real Estate | Tyler Deveraux E88

From Broke to $400 Million in Real Estate | Tyler Deveraux E88

Rich sits down with Tyler Deveraux -a sought-after international speaker, 9 figure Co-Founder & CEO of MF Capital Partners and Multifamily Mindset, an education company providing investors with guida…

01:44:02  |   Tue 26 Sep 2023
Real Estate Market Forecast & Do You Need Money to Make Money? | Saturday Edition E87

Real Estate Market Forecast & Do You Need Money to Make Money? | Saturday Edition E87

On today's episode, we're doing the "Saturday Edition" where Rich answers top questions of the week that are sent in by our listeners.

Rich and Alex discuss spending money to make money, the best are…

00:23:48  |   Sat 23 Sep 2023
What You Need to Know About Raising Money for Real Estate w/ Top SEC Attorney | Bethany LaFlam E86

What You Need to Know About Raising Money for Real Estate w/ Top SEC Attorney | Bethany LaFlam E86

Rich sits down with Bethany LaFlam - an entrepreneur, a seasoned deal lawyer, a mother, and a visionary. With more than 20 years of experience practicing law, Bethany has leveraged that expertise int…

01:04:07  |   Thu 21 Sep 2023
How to Value, Acquire, and Optimize Small Businesses | Greg Wilson E85

How to Value, Acquire, and Optimize Small Businesses | Greg Wilson E85

Rich sits down with Greg Wilson - CFO, Investor, Coach, and CPA. Greg’s career has spanned over 14 years and he’s raised over $200 million in private capital. He’s the founder of the E-commerce Accel…

00:51:11  |   Tue 19 Sep 2023
New Real Estate Investor Tips & Importance of Knowing Your Why | Saturday Edition E84

New Real Estate Investor Tips & Importance of Knowing Your Why | Saturday Edition E84

On today's episode, we're rolling out a new segment called the "Saturday Edition" where Rich answers top questions of the week that are sent in by our listeners. If you have a question you'd like ans…

00:22:14  |   Sat 16 Sep 2023
He’s an ADU Developer Who’s Changing the Real Estate Game | Chris Luna E83

He’s an ADU Developer Who’s Changing the Real Estate Game | Chris Luna E83

Rich sits down with Chris Luna - an entrepreneur, real estate investor, host of the On the Come Up podcast, and ADU Developer. Over the last 7 years, Chris has completed over 35 transactions in the s…

00:42:05  |   Thu 14 Sep 2023
Why Those Who Take Action Win the Game w/ Founder of EverBowl | Jeff Fenster E82

Why Those Who Take Action Win the Game w/ Founder of EverBowl | Jeff Fenster E82

Rich sits down with Jeff Fenster, an entrepreneur, best selling author, podcast host and expert in relationship capital. He was named a top 100 Entrepreneur in America, Top 40 Executive under 40 by t…

01:18:31  |   Tue 12 Sep 2023
She’s Wholesaled and Flipped 100 Houses at Age 25 | Dominique Gunderson E81

She’s Wholesaled and Flipped 100 Houses at Age 25 | Dominique Gunderson E81

Rich sits down with Dominique Gunderson – a 25-year-old house flipper, real estate investor and co-founder of Gunderson Homes with her husband, Mitch. Dominique has been investing in real estate sinc…

00:52:59  |   Thu 07 Sep 2023
2X Your Cashflow Using this Short-Term Rental Design Strategy | Somerled Designs E80

2X Your Cashflow Using this Short-Term Rental Design Strategy | Somerled Designs E80

Rich sits down with Jordan McDonough and Bri West – the founders of Somerled Designs. Somerled is a design firm specifically for short term rentals. Their main focus is designing spaces that help max…
00:55:12  |   Tue 05 Sep 2023
Why “Broke” is Just a Mindset & Where Opportunity is Tomorrow | Ryan Pineda Pt. 2 E79

Why “Broke” is Just a Mindset & Where Opportunity is Tomorrow | Ryan Pineda Pt. 2 E79

In part 2 of Rich's interview with Ryan Pineda, they discuss Ryan’s entrepreneurial mindset, the most successful daily routines, and the difference between a planner and a visionary. They also talk a…

00:41:48  |   Thu 31 Aug 2023
How Pro-Baseball & Couch Flipping Paved his Path to Entrepreneurship | Ryan Pineda Pt. 1 E78

How Pro-Baseball & Couch Flipping Paved his Path to Entrepreneurship | Ryan Pineda Pt. 1 E78

Rich sits down with Ryan Pineda – A serial entrepreneur and the CEO of seven different 7-8 Figure businesses. In addition to that he owns 500+ rental properties, has received 500M+ views on social me…

00:38:45  |   Tue 29 Aug 2023
He’s Placed $7 Billion of Debt for Real Estate Investors & Entrepreneurs & Invests in Luxury Real Estate | Chris Groves E77

He’s Placed $7 Billion of Debt for Real Estate Investors & Entrepreneurs & Invests in Luxury Real Estate | Chris Groves E77

Rich sits down with Chris Groves – a serial entrepreneur who is leading the way in the lending industry and has funded over $7 billion in loans. He and his wife, Aleyna, started Groves Capital Inc, a…

00:38:50  |   Thu 24 Aug 2023
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