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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

Business Investing Entrepreneurship
Update frequency
every 2 days
Average duration
48 minutes
Episodes
394
Years Active
2022 - 2025
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This Former Walmart Employee Solved a Major Gap in the Airbnb Industry | Marc Hostovsky (CEO/Founder Minoan) E34

This Former Walmart Employee Solved a Major Gap in the Airbnb Industry | Marc Hostovsky (CEO/Founder Minoan) E34

In today’s episode, Rich sits down with Marc Hostovksy – Founder & CEO of Minoan, an all-in-one procurement and retail platform for the short-term rental industry. After spending nearly 6 years worki…

00:33:28  |   Tue 28 Mar 2023
She Invests in Multifamily and Short-Term Rentals While Raising Two Kids and Running a Full-Time Business | Avery Carl E33

She Invests in Multifamily and Short-Term Rentals While Raising Two Kids and Running a Full-Time Business | Avery Carl E33

Today Rich sits down in Nashville for an interview with Avery Carl – CEO and founder of The Short Term Shop, a real estate sales team that specializes in helping investors locate, analyze, and acquir…

00:25:46  |   Thu 23 Mar 2023
He Buys Assisted Living and Behavioral Health Properties to Maximize Cashflow Potential | Serg Lupescu E32

He Buys Assisted Living and Behavioral Health Properties to Maximize Cashflow Potential | Serg Lupescu E32

In today’s episode, Rich sits down with Serg Lupescu, who specializes in investing in assisted living facilities and behavioral health properties in Arizona. They discuss how he got his start in this…

00:46:55  |   Tue 21 Mar 2023
Buying Properties on Large Lots to Build Additional Units (ADU Value-Add Strategy) | Maxwell Ventura E31

Buying Properties on Large Lots to Build Additional Units (ADU Value-Add Strategy) | Maxwell Ventura E31

In today’s episode Rich sits down with Maxwell Ventura – a local residential Broker Associate who specializes in working with new investors for single-family residences up to the 4-unit range. He foc…

00:32:06  |   Thu 16 Mar 2023
He Sells and Leases Office, Retail, and Industrial Buildings | Emmett Cahill E30

He Sells and Leases Office, Retail, and Industrial Buildings | Emmett Cahill E30

In today’s episode, Rich sits down for a conversation with Emmett Cahill – Commercial Real Estate Broker and Vice President of QFC Real Estate in Downtown San Diego. Emmett is a local Little Italy re…

00:36:07  |   Tue 14 Mar 2023
Are Airbnbs and Multifamily Over Crowded? | Bonus Episode E29

Are Airbnbs and Multifamily Over Crowded? | Bonus Episode E29

In today’s bonus episode, Rich highlights an asset class he’s currently focused on buying and why he’s bullish on it. He goes over the reasons why he’s shifting his focus from Airbnb’s and multifamil…

00:10:54  |   Sat 11 Mar 2023
Why Boutique Hotels are the Next Big Thing | Brad Lea’s Dropping Bombs Interview w/ Rich (Dec 2022) E28

Why Boutique Hotels are the Next Big Thing | Brad Lea’s Dropping Bombs Interview w/ Rich (Dec 2022) E28

In today’s episode, Rich sits down for an interview with Brad Lea on his Dropping Bombs podcast. They talk about how Rich got his start in real estate investing, from his 11-year career as an air tra…

00:47:27  |   Thu 09 Mar 2023
The Truth About Nutrition & Fitness as a Busy Professional or Entrepreneur | Dr. Jordan Feigenbaum E27

The Truth About Nutrition & Fitness as a Busy Professional or Entrepreneur | Dr. Jordan Feigenbaum E27

In today’s episode, Rich sits down with Dr. Jordan Feigenbaum of Barbell Medicine – a company he started in 2012 that brings the best of modern medicine together with strength, conditioning, and nutr…

00:59:03  |   Tue 07 Mar 2023
Best Real Estate Tax Strategies and Loopholes in 2023 | Amanda Han E26

Best Real Estate Tax Strategies and Loopholes in 2023 | Amanda Han E26

CPA by day and real estate investor by night, Amanda Han is a tax expert who helps entrepreneurs and real estate investors save money. When she’s not busy helping others with their taxes, she’s looki…

00:55:21  |   Thu 02 Mar 2023
How This Man Built a $70M Multifamily Portfolio in Just 3 Years | Michael Garcia E25

How This Man Built a $70M Multifamily Portfolio in Just 3 Years | Michael Garcia E25

In today’s episode, Rich sits down with up-and-coming real estate investor and operator, Michael Garcia, who owns and controls $70M worth of multifamily apartments. Previously he worked as a bond tra…

01:00:30  |   Tue 28 Feb 2023
College Football Player Turns Real Estate Mogul, He Owns and Operates 1,800 Apartment Units at Age 33 Pt. 2 | Justin Spaulding E24

College Football Player Turns Real Estate Mogul, He Owns and Operates 1,800 Apartment Units at Age 33 Pt. 2 | Justin Spaulding E24

Justin Spaulding is arguably the top multifamily operator under the age of 35, and owns a portfolio of 1,800+ apartment units. In part 2 of Rich & Justin’s interview, they talk about a couple differe…

01:01:06  |   Thu 23 Feb 2023
College Football Player Turns Real Estate Mogul, He Owns and Operates 1,800 Apartment Units at Age 33 Pt. 1 | Justin Spaulding E23

College Football Player Turns Real Estate Mogul, He Owns and Operates 1,800 Apartment Units at Age 33 Pt. 1 | Justin Spaulding E23

In today’s episode, Rich sits down with Justin Spaulding – arguably the top multifamily operator under the age of 35, and owns a portfolio of 1,800+ apartment units. They talk about how he’s sourcing…

00:51:18  |   Tue 21 Feb 2023
Buying Your First Investment Property During The Pandemic and How to Grow a Hospitality Business | Jennifer Bube E22

Buying Your First Investment Property During The Pandemic and How to Grow a Hospitality Business | Jennifer Bube E22

In today’s episode, Rich sits down with our very own Jennifer Bube – she’s worked with Rich since day one and helps manage all the boutique hotels & short-term rentals in the Excelsior Stays portfoli…

00:48:06  |   Thu 16 Feb 2023
San Diego’s TV and Radio Personality Who’s Found a Side Hustle Investing in Real Estate | DJ Frankie V E21

San Diego’s TV and Radio Personality Who’s Found a Side Hustle Investing in Real Estate | DJ Frankie V E21

In today’s episode, Rich sits down with Frankie V – San Diego’s TV and radio personality, and host of Channel 933 in the mornings. They talk about how he got started in radio, what he and his brother…

00:50:25  |   Tue 14 Feb 2023
If I Was Starting Over From Zero Knowing What I Know Today | E20

If I Was Starting Over From Zero Knowing What I Know Today | E20

In today’s episode, Rich highlights three key things he would do if he was starting all over from zero – with no real estate, no net worth…but with the knowledge that he has today. He shares some gre…

00:10:00  |   Thu 09 Feb 2023
He Built a $10M Airbnb Portfolio in 2 Years and Now He's Pursuing Boutique Hotels Pt. 2 | Tony Robinson E19

He Built a $10M Airbnb Portfolio in 2 Years and Now He's Pursuing Boutique Hotels Pt. 2 | Tony Robinson E19

In part 2 of Rich’s interview with Short Term Rental & Airbnb Investor, and Host of the BiggerPockets Rookie Podcast, Tony Robinson, they talk about their experiences with masterminds, connecting wit…

00:51:22  |   Tue 07 Feb 2023
He Built a $10M Airbnb Portfolio in 2 Years and Now He's Pursuing Boutique Hotels Pt. 1 | Tony Robinson E18

He Built a $10M Airbnb Portfolio in 2 Years and Now He's Pursuing Boutique Hotels Pt. 1 | Tony Robinson E18

Today Rich sits down with Short Term Rental & Airbnb Investor, and Host of the BiggerPockets Rookie Podcast, Tony Robinson. They talk about how he transitioned from his full-time W2 job with Tesla, t…

00:51:07  |   Thu 02 Feb 2023
3 Rules to Buy Real Estate in 2023 | E17

3 Rules to Buy Real Estate in 2023 | E17

In today’s episode, Rich highlights the three criteria he looks for when buying real estate and gives some specific examples on how you can apply these rules & principles in your own real estate jour…

00:25:42  |   Tue 31 Jan 2023
What’s Happening w/ the Capital Markets Today, Interest Rates, and How to Finance Your Deals in 2023 Pt. 2 | Jonathan Yoo and Dustin Rosenberg E16

What’s Happening w/ the Capital Markets Today, Interest Rates, and How to Finance Your Deals in 2023 Pt. 2 | Jonathan Yoo and Dustin Rosenberg E16

In part 2 of Rich’s interview with Jonathan Yoo and Dustin Rosenberg of Convoy Home Loans, they discuss hard money loan products and some tips & advice for the listeners on these types of loans. They…

00:42:24  |   Thu 26 Jan 2023
What’s Happening w/ the Capital Markets Today, Interest Rates, and How to Finance Your Deals in 2023 Pt. 1 | Jonathan Yoo and Dustin Rosenberg E15

What’s Happening w/ the Capital Markets Today, Interest Rates, and How to Finance Your Deals in 2023 Pt. 1 | Jonathan Yoo and Dustin Rosenberg E15

In today’s episode, Rich sits down with two of the best lenders in the industry, Jonathan Yoo and Dustin Rosenberg of Convoy Home Loans. They discuss interest rates in the investor space vs. the conv…

00:32:54  |   Tue 24 Jan 2023
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