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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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He Intercepted Tom Brady 3 Times During His 14-Year NFL Career and Now He's Investing in Businesses and Real Estate | Antoine Bethea (w/ Adam Vaughn) E14

He Intercepted Tom Brady 3 Times During His 14-Year NFL Career and Now He's Investing in Businesses and Real Estate | Antoine Bethea (w/ Adam Vaughn) E14

In today’s episode, Rich sits down for an interview with Antoine Bethea, 14-year retired NFL Vet, Super Bowl XLI Champion, and 3-time NFL Pro Bowler, along with Antoine’s right hand man Adam Vaughn. …

01:19:50  |   Thu 19 Jan 2023
Importance of Knowing Your Buy Box and Search Criteria as a Real Estate Investor | Mike Sjogren & Emanuele Pani Pt. 2 E13

Importance of Knowing Your Buy Box and Search Criteria as a Real Estate Investor | Mike Sjogren & Emanuele Pani Pt. 2 E13

In part 2 of Rich’s interview with Mike Sjogren and Emanuele Pani on their Short Term Rental Secrets podcast, they dive deeper into the Somers Capital business model and their return profile for inve…

00:23:31  |   Tue 17 Jan 2023
State of the Economy, Interest Rates, and Where Opportunities Are in 2023 | Kenny & Krystle Simpson Pt. 2 E12

State of the Economy, Interest Rates, and Where Opportunities Are in 2023 | Kenny & Krystle Simpson Pt. 2 E12

In Part 2 of this interview,  Kenny & Krystle Simpson share their experience on starting a property management company,  the challenges that come with it, interest rates, their 2023 forecast, and whe…

00:59:27  |   Thu 12 Jan 2023
State of the Economy, Interest Rates, and Where Opportunities Are in 2023 | Kenny & Krystle Simpson Pt. 1 E11

State of the Economy, Interest Rates, and Where Opportunities Are in 2023 | Kenny & Krystle Simpson Pt. 1 E11

On today’s episode, Rich is joined by two of the best in the industry - Kenny & Krystle Simpson of The Simpson Team & Pacific Shore Capital. They share their insight on what’s going on in today’s eco…

00:57:37  |   Tue 10 Jan 2023
Why Prioritizing Mindset and Team is Important Before Scaling | Mike Sjogren & Emanuele Pani Pt. 1 E10

Why Prioritizing Mindset and Team is Important Before Scaling | Mike Sjogren & Emanuele Pani Pt. 1 E10

On this week’s episode, Rich sits down for an interview with hosts Mike Sjogren and Emanuele Pani on their Short Term Rental Secrets podcast. They discuss what Rich has been up to lately, and why he …

00:23:41  |   Thu 05 Jan 2023
Buying and Selling a 32 Unit Apartment Building For 3X Returns and Lessons Learned | E9

Buying and Selling a 32 Unit Apartment Building For 3X Returns and Lessons Learned | E9

In this episode, Rich talks about his experience buying a 32 unit apartment building in Indiana, his value-add strategy, repositioning the property, and the business plan. He describes forcing the eq…

00:23:06  |   Tue 03 Jan 2023
Good Things Happen When You’re Intentional About How You “Spend Time” | E8

Good Things Happen When You’re Intentional About How You “Spend Time” | E8

In today’s bonus episode, Rich talks about why good things happen when you're intentional about how you spend your time. He shares a couple personal dating stories that started out not so great, but …

00:10:10  |   Thu 29 Dec 2022
Why You Should Never Listen to Your Parents | E7

Why You Should Never Listen to Your Parents | E7

In this episode, Rich talks about why you should never listen to your parents, he opens up about his personal experience with his own parents, and a few caveats to this rule. He shares about his deci…

00:14:41  |   Tue 27 Dec 2022
How I Bought My First Boutique Hotel and Where I See Opportunity Over the Next 18 Months | E6

How I Bought My First Boutique Hotel and Where I See Opportunity Over the Next 18 Months | E6

In today’s episode, Rich discusses his experience buying his first boutique hotel, the reasoning behind his pivot from multifamily, and why he sees an opportunity moving forward with boutique hotels.…

00:46:35  |   Tue 20 Dec 2022
Why Partnerships Break Up | E3

Why Partnerships Break Up | E3

In this episode, Rich discusses why partnerships break up - the good, the bad, and the ugly. He talks about the recent break up with his two partners and the lessons he’s learned from that experience…

00:26:16  |   Tue 13 Dec 2022
What It's Like Playing 10 Years In the NFL and His Transition to Real Estate Investing Post Football | Cliff Avril E4

What It's Like Playing 10 Years In the NFL and His Transition to Real Estate Investing Post Football | Cliff Avril E4

In today’s episode, Rich is joined by 10-year NFL Veteran & Super Bowl Champion, Cliff Avril. They dive into Cliff’s background and what it was like for him growing up in Jacksonville with his Haitia…

01:04:45  |   Tue 13 Dec 2022
Buying a Luxury Airbnb at the Top of the Real Estate Market | E5

Buying a Luxury Airbnb at the Top of the Real Estate Market | E5

In today’s episode, Rich talks about his experience buying a luxury Airbnb in Scottsdale in the height of the real estate market. He discusses the full renovation, getting it back up and running, hos…

00:18:03  |   Tue 13 Dec 2022

"There's No Successful Real Estate Investor That Would Ever Tell Someone Not to Become a Real Estate Investor" | Tarek El Moussa E2

Tarek El Moussa is a real estate investor and television personality, who you might recognize from co-hosting HGTV’s Flip or Flop. In today’s episode, Tarek sits down with Rich and talks about how he…

00:44:08  |   Tue 13 Dec 2022
You Are the Sum of the People You Hang Out With | E1

You Are the Sum of the People You Hang Out With | E1

In this first intro episode, Rich talks about why he started the podcast, what you can expect on the show, a little bit about himself & how he got started in real estate investing. He also shares one…

00:16:27  |   Mon 12 Dec 2022
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