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    Business

    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

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    Copyright: © 2023 The Rich Somers Report

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    Latest Episodes:
    High Performance Health For Entrepreneurs | Ryan Kennedy E328 Apr 02, 2025
    Show notes

    What does it take to build a thriving business without sacrificing your health? In this episode of The Rich Somers Report, Rich sits down with functional health expert Ryan Kennedy to unpack the science and strategies behind high performance living—tailored specifically for entrepreneurs.
    Rich and Ryan discuss:
    How to naturally boost energy, focus, and mental clarity without burnout
    Why gut health, hormone balance, and blood sugar regulation are the foundation for long-term success
    The morning and evening routines that fuel elite productivity
    How to biohack your sleep and recovery for better cognitive performance
    The top habits and tools high achievers use to stay sharp and healthy
    Ryan shares a holistic blueprint for building a body and mind that can sustain the demands of entrepreneurship. Whether you’re scaling a company or just getting started, this episode will give you the tools to operate at your highest level—without trading health for hustle.

    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.

    Connect with Rich on Instagram: @rich_somers


    Leaving Corporate America to Travel the World & Build Your Own Business | Brian Luebben E327 Apr 01, 2025
    Show notes

    What does it really take to walk away from a high-paying W2 and build a life of freedom on your own terms? In this episode of The Rich Somers Report, Rich sits down with Brian Luebben—entrepreneur, investor, and host of The Action Academy—to break down how he left corporate America, built passive income through real estate, and now travels the world full-time while running his business remotely.
    Rich and Brian discuss:
    How to break free from the golden handcuffs of a high-income job
    What it takes to build enough passive income to replace your salary
    Why most people stay stuck—and the mindset shift that creates real freedom
    How Brian built and monetized a top-ranked podcast while living abroad
    Tactical steps to engineer a life around autonomy, travel, and purpose
    Brian shares how leaving behind stability to bet on himself transformed every area of his life—and why more people are waking up to the idea that they don’t have to wait until retirement to live the life they want. If you're ready to stop playing small and design a life of freedom, this episode will show you what's possible.

    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.

    Connect with Rich on Instagram: @rich_somers


    Understanding the Self Rental Tax Strategy for Entrepreneurs | Karlton Dennis E326 Mar 29, 2025
    Show notes

    What if you could pay yourself tax-free using your own home? In this episode of The Rich Somers Report, Rich sits down with Karlton Dennis, tax strategist and founder of Tax Reduction Company, to break down one of the most overlooked tax-saving strategies for business owners—the self-rental loophole, also known as the Augusta Rule.
    Rich and Karlton discuss:
    How to rent your personal residence to your business and collect tax-free income
    The specific documentation and setup required to make this strategy audit-proof
    Common mistakes entrepreneurs make when trying to implement tax strategies
    Why mindset matters just as much as tax code when building long-term wealth
    How to think like a CFO and stop overpaying the IRS year after year
    Karlton shares practical examples of how high-income entrepreneurs and real estate investors are using advanced strategies like the Augusta Rule, S-Corp structuring, and entity stacking to build generational wealth. If you’re ready to stop leaving money on the table and start using the tax code to your advantage, this episode is a must-listen.

    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.

    Connect with Rich on Instagram: @rich_somers


    Mastering 1031 Exchanges & Understanding Return on Equity | Joseph Silva E325 Mar 27, 2025
    Show notes

    Are your real estate investments truly working for you? In this episode of The Rich Somers Report, Rich sits down with Joseph Silva, co-founder of Coastal California Group, to break down how mom-and-pop real estate investors can unlock trapped equity, maximize returns, and create generational wealth through strategic 1031 exchanges and better portfolio planning.
    Rich and Joseph discuss:
    What return on equity actually means and why most investors are underperforming without realizing it
    How to identify when it’s time to trade up or exit an aging property
    Real-life examples of investors trading tired single-family rentals for newer, cash-flowing multifamily assets
    Why 1031 exchanges are a powerful wealth-building tool—and how to navigate them effectively
    How Joseph’s team helps investors reposition portfolios to reduce management headaches and increase long-term value
    Whether you’re holding onto legacy properties or looking to reposition into more passive income opportunities, this episode offers a clear strategy for making smarter moves in today’s market.

    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.

    Connect with Rich on Instagram: @rich_somers


    Why Mindset Matters: Your Money Will Grow When Your Mindset Does | Jason Drees E324 Mar 25, 2025
    Show notes

    Is your mindset holding you back from building the wealth and life you want? In this episode of The Rich Somers Report, Rich sits down with Jason Drees, high-performance mindset coach and founder of Jason Drees Coaching, to unpack how reframing your mindset can unlock exponential growth in both business and life.
    Rich and Jason dive into:
    Why success doesn’t come from working harder—it comes from operating in alignment
    The difference between setting goals and committing to a target
    How to reprogram limiting beliefs and shift into a higher frequency
    The value of getting uncomfortable and aiming 10x bigger
    Why most people stay stuck in planning mode—and how to break through it
    Jason shares the frameworks he’s used to coach top entrepreneurs, including Brandon Turner, and how entrepreneurs can tap into their future selves, eliminate resistance, and expand their identity to reach new levels of performance. Whether you're just starting your business or scaling to new heights, this episode will challenge you to rewire your thinking and play a bigger game.

    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.

    Connect with Rich on Instagram: @rich_somers


    Revamping a Boutique Hotel : How We Bought Our Recent Hotel Deal in Just 37 Days & Plans to Optimize the Property | Alex Johnson (Saturday Edition) E323 Mar 22, 2025
    Show notes

    How do you close a boutique hotel deal in just 37 days—and immediately increase its value? In this Saturday edition of The Rich Somers Report, Rich and Alex Johnson break down the recent acquisition of their latest boutique hotel in San Clemente, California. They walk through the full story, from off-market opportunity to closing, and share the operational playbook to optimize the property for cash flow and long-term appreciation.
    Rich and Alex discuss:
    How they sourced the deal through a broker relationship and closed in 37 days
    What made this hotel an ideal addition to the Summers Capital portfolio
    Why this was a rare acquisition that didn’t require a full renovation
    The light refresh strategy to enhance curb appeal, guest experience, and NOI
    How amenity fees, breakfast programs, and cell tower sales can significantly in

    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.

    Connect with Rich on Instagram: @rich_somers


    Analyzing the Future: Real Estate Forecast & Capital Markets Trends | Krystle Simpson E322 Mar 20, 2025
    Show notes

    What’s next for real estate investors as the market continues to shift? In this episode of The Rich Somers Report, Rich sits down with Krystle Simpson, a commercial lending expert and real estate investor, to break down the latest trends in capital markets, interest rates, and where the best opportunities are emerging.
    Rich and Krystle discuss:
    How rising interest rates have impacted liquidity and investor activity
    Why multifamily investments have become more challenging and what sectors are thriving
    How boutique hotels, industrial, and retail real estate are positioned for growth
    The best ways to secure financing in today’s lending environment and avoid common pitfalls
    Where investors should be looking in 2025 and beyond for long-term wealth building
    Krystle shares insights from working with investors navigating this complex market, offering strategies for finding deals, securing financing, and staying ahead of economic shifts. Whether you're actively investing or waiting for the right time to jump in, this episode provides the insights you need to make informed decisions.

    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.

    Connect with Rich on Instagram: @rich_somers


    How Prefab ADUs Can Make You Money: Real Estate Wealth Strategies | Andrew Greer E321 Mar 18, 2025
    Show notes

    Are prefab ADUs the key to unlocking new streams of real estate income? In this episode of The Rich Somers Report, Rich sits down with Andrew Greer to discuss how investors are using prefabricated accessory dwelling units (ADUs) to maximize their properties, scale rental income, and build long-term wealth.
    Rich and Andrew dive into:
    How prefab ADUs can be installed quickly and generate high cash flow
    Why ADUs are one of the best solutions for affordable housing and rental demand
    The step-by-step process of adding an ADU to your property
    How to finance and permit ADUs, plus key zoning laws to know
    Why California’s ADU-friendly policies are creating massive opportunities for investors
    Andrew shares real-world case studies and strategies from his own projects, breaking down how investors can leverage ADUs for long-term passive income and portfolio growth. Whether you're a seasoned investor or looking to maximize the value of your property, this episode provides actionable insights to help you get started.

    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.

    Connect with Rich on Instagram: @rich_somers


    "Essential Marketing Tips for Entrepreneurs" | Trevor Crowley (Saturday Edition) E320 Mar 16, 2025
    Show notes

    What does it take to build brand awareness and attract more customers in today’s digital world? In this episode of The Rich Somers Report, Rich sits down with Trevor Cowley, entrepreneur and host of Real Business Owners, to break down the most effective marketing strategies for entrepreneurs looking to grow their business and increase revenue.
    Rich and Trevor discuss:
    Why first impressions matter and how to optimize your website, social media, and online presence
    The power of organic content marketing vs. paid advertising—and when to use each
    The most common marketing mistakes entrepreneurs make and how to avoid them
    How to craft compelling hooks and messaging to increase conversions
    The importance of webinars, lead magnets, and email lists for long-term business growth
    Trevor shares insights from years of experience helping business owners scale through strategic marketing and branding. Whether you’re just starting out or looking to refine your approach, this episode is packed with actionable steps to help you stand out and attract more leads.

    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.

    Connect with Rich on Instagram: @rich_somers


    The Power of Mindset: How This Entrepreneur Rose from Rock Bottom | Trevor Cowley E319 Mar 13, 2025
    Show notes

    How do you rebuild your life after hitting rock bottom? In this episode of The Rich Somers Report, Rich sits down with Trevor Cowley, entrepreneur, podcast host, and mastermind leader, to discuss how he overcame addiction, financial struggles, and limiting beliefs to build multiple successful businesses.
    Rich and Trevor dive into:
    How Trevor battled drug addiction, financial setbacks, and personal struggles to turn his life around
    The mindset shifts that separate successful entrepreneurs from those who stay stuck
    How he built multiple seven-figure businesses using sales, systems, and strategic hiring
    Why investing in the right mentors and masterminds can be a game-changer
    The role of discipline, fitness, and pushing limits in creating a winning mentality
    Trevor shares his journey from battling addiction and working low-paying jobs to building businesses, investing in real estate, and leading a top-ranked mastermind. His story is proof that no matter where you start, transformation is possible when you commit to doing the work.

    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.

    Connect with Rich on Instagram: @rich_somers


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