The Rich Somers Report

Latest Episodes:

Level Up Your Relationships: Attracting a Higher Quality Partner | Michael Sartain E318 Mar 11, 2025

Show notes

Is social status the key to attracting high-quality relationships? In this episode, Rich sits down with Michael Sartain, a networking and social dynamics expert, to break down the psychology behind attraction, social circles, and how men and women navigate today’s dating landscape.
They cover:
Why traditional dating advice is outdated—and how social media has changed the game.
The biggest mistakes men make when trying to attract high-value partners.
How hosting events and building a powerful social circle can transform your relationships.
The difference between attention and compliance—and how to know when someone is genuinely interested.
Michael also shares strategies from the world’s top networkers, including how preselection, status, and social proof impact attraction. Whether you’re looking to level up your dating life, expand your network, or just understand the modern social landscape, this episode is packed with insights to help you attract and connect with the right people.

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

Navigating the Market: Insights on Economy and Interest Rates | Kenny Simpson (Saturday Edition) E317 Mar 08, 2025

Show notes

Where are interest rates heading, and what does it mean for investors? In this episode of The Rich Somers Report, Rich sits down with Kenny Simpson, a commercial real estate investor and lending expert, to break down the latest market trends, economic shifts, and the current lending environment.
Rich and Kenny discuss:
Why the Fed’s “survive to 2025” narrative is shifting—and what it means for real estate.
How softening job markets, government layoffs, and slowing hiring could impact interest rates.
Why liquidity is low across all income levels—and how investors are adjusting.
How institutional investors and high-net-worth buyers are positioning themselves in 2025.
Whether now is the right time to buy real estate before rates drop and competition increases.
Kenny shares his insider perspective on lending trends, how banks are approaching real estate financing, and what investors need to watch for in the months ahead. If you want to understand how today’s market will shape the future of investing, this episode delivers key insights to help you stay ahead.

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.

Connect with Rich on Instagram: @rich_somers

Building a $450 Million Real Estate Empire Using Low & No Money Down Strategies | Pace Morby E316 Mar 06, 2025

Show notes

How do you scale from nothing to nearly half a billion dollars in real estate? In this episode of The Rich Somers Report, Rich sits down with Pace Morby, real estate investor and creative finance expert, to break down the low and no money down strategies he used to acquire over $450 million in real estate.

Rich and Pace discuss:

Why creative financing, seller financing, and sub-to deals are game-changers in today’s market.
How Pace built a massive real estate portfolio without relying on traditional bank loans.
The biggest mistakes new investors make when trying to scale.
How to leverage expired listings, motivated sellers, and seller financing to buy properties with little cash.
Why boutique hotels, RV parks, and mobile home parks are prime opportunities in the current real estate cycle.

Pace shares the exact playbook he uses to acquire high-value assets, structure deals that minimize risk, and build long-term wealth. If you’re serious about real estate investing and want to learn how the top investors are closing deals in today’s market, this episode is packed with actionable insights.

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.

Connect with Rich on Instagram: @rich_somers

Airbnb's Exit: Why Boutique Hotels Are the New Investment Trend | E315 Mar 04, 2025

Show notes

As Airbnb regulations tighten in major cities, investors are pivoting toward a new opportunity—boutique hotels. In this episode of The Rich Somers Report, Rich sits down with Dustin Heiner, real estate investor and host of The Master Passive Income Show, to discuss why boutique hotels are quickly becoming the next big investment trend.
Rich and Dustin dive into:
How Airbnb regulations in New York, Los Angeles, and San Francisco are shifting demand toward boutique hotels.
Why boutique hotels offer higher cash flow, forced appreciation, and long-term scalability over short-term rentals.
The massive wealth transfer happening as baby boomers retire and sell underperforming hotels.
How to find, renovate, and market boutique hotels using direct booking strategies, OTAs, and influencer marketing.
Why institutional investors and REITs are beginning to acquire boutique hotels as part of their portfolios.
Rich shares how he built an $85 million boutique hotel portfolio, the strategy behind his investment fund, and why he believes this asset class will be the next major real estate boom over the next five years. If you’ve been investing in Airbnbs and are looking for your next move, this episode will show you why boutique hotels might be the best opportunity 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.

Connect with Rich on Instagram: @rich_somers

Tax-Free Wealth: Investing Money Hacks for Generational Wealth | Brian Decker E314 Mar 01, 2025

Show notes

Want to build wealth and keep more of what you earn? In this episode of The Rich Somers Report, Rich sits down with Brian Decker, a serial entrepreneur and investor, to break down the most effective tax strategies, investing hacks, and long-term wealth-building moves that the ultra-wealthy use to legally minimize taxes and maximize returns.
Rich and Brian discuss:
How the wealthiest investors leverage real estate, private equity, and tax loopholes to grow wealth.
Why most financial advisors don’t teach people how to truly reduce their tax burden.
The power of Roth IRAs, self-directed IRAs, and 529 plans for tax-free growth.
Why debt is not the enemy—how billionaires use it to avoid taxes and expand their portfolios.
How to protect your wealth from inflation, government policy shifts, and market volatility.
Brian shares his playbook for structuring investments to generate tax-free cash flow, leveraging tax-advantaged accounts, and using debt intelligently to build generational wealth. If you're tired of overpaying in taxes and want to learn the secrets the top 1% use to legally keep more money, this episode is for you.

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.

Connect with Rich on Instagram: @rich_somers

When to Take the Leap: Leaving Your Job to Chase Your Dream | Dustin Heiner E313 Feb 27, 2025

Show notes

How do you know when it’s time to walk away from your 9-to-5 and go all-in on your dream? In this episode of The Rich Somers Report, Rich sits down with Dustin Heiner, real estate investor and host of The Master Passive Income Podcast, to break down the mindset shifts, financial moves, and key decisions that helped them transition from W-2 jobs to full-time real estate investing.
Rich and Dustin dive into:
Why most people are underpaid and how to break free from a paycheck mindset.
How Dustin went from getting laid off with a newborn at home to building a real estate portfolio that replaced his income.
The biggest mistakes to avoid when planning your exit from a job.
How to leverage your 9-to-5 to build your investments before making the leap.
Why self-identity matters—and how calling yourself an investor before you are one can accelerate your success.
Rich also shares how he cashed out his 401K in 2019 to buy his first real estate deal, a move that led to building an $85 million boutique hotel portfolio. If you’re ready to take control of your time, income, and future, this episode will challenge you to rethink 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.

Connect with Rich on Instagram: @rich_somers

Unlocking Wealth: 90% of Millionaires are Created From Real Estate, 100% of Billionaires are Created From Private Equity | Kris Krohn E312 Feb 25, 2025

Show notes

Is real estate still the best path to wealth, or is private equity the next level? In this episode of The Rich Somers Report, Rich sits down with Kris Krohn, a real estate investor, entrepreneur, and private equity expert, to break down why 90% of millionaires are created through real estate, but 100% of billionaires are made through private equity.

Rich and Kris dive into:

How Kris went from saving up $5,000 for his first FHA loan to building a massive real estate portfolio.
Why house hacking and leveraging equity helped him scale from one deal to financial freedom.
How private equity and leveraged buyouts allow investors to acquire companies with little to no money down.
The greatest wealth transfer in history and why 1 million businesses are for sale right now.
Why baby boomer-owned businesses are one of the biggest untapped opportunities for investors today.

Kris shares how he is shifting from real estate into private equity, acquiring businesses, and positioning himself to scale to a billion-dollar net worth. Whether you’re a real estate investor looking to level up or an entrepreneur thinking about business acquisitions, this episode will change the way you think about wealth-building.

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.

Connect with Rich on Instagram: @rich_somers

A Man's Purpose is to Become the Best Version of Himself & Give it to the World | Wes Watson E311 Feb 22, 2025

Show notes

What does it mean to truly maximize your potential? Rich sits down with Wes Watson to break down the mindset, discipline, and personal development strategies that separate those who stay stuck from those who build a life of purpose, power, and wealth.
Rich and Wes discuss:
Why a man’s greatest mission is to become the best version of himself and share it with the world.
How self-discipline, fitness, and high-frequency habits shape success.
The connection between confidence, self-worth, and business growth.
How upgrading your environment—cars, homes, relationships—forces you to level up in every area.
The power of storytelling and authenticity in building a personal brand that attracts the right audience.
Wes shares his raw, no-BS approach to building discipline, mastering mindset, and unlocking the next level of life and business.
Whether you’re an entrepreneur, investor, or just someone looking to break past your limits, this episode delivers hard-hitting insights that will challenge you to rise to your potential.

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.

Connect with Rich on Instagram: @rich_somers

The Key Trait Shared By All Successful Business Owners | Mike Sherbakov E310 Feb 19, 2025

Show notes

What separates highly successful entrepreneurs from those who never break through? In this episode of The Rich Somers Report, Rich sits down with venture capitalist Mike Sherbakov, general partner of The Veteran Fund, to break down the key trait he’s seen in the most successful business owners after working with over 10,000 entrepreneurs.
Rich and Mike discuss:
Why resilience, adaptability, and leadership are non-negotiable for founders.
The biggest mistakes that prevent entrepreneurs from scaling their businesses.
How venture capital firms evaluate startup founders before investing.
Why former athletes and military veterans often excel as business owners.
The importance of being obsessed with growth, solving problems, and taking action.
Rich also shares insights into his real estate investment fund, how he’s raising capital for boutique hotels, and what retail investors should know about diversifying into commercial real estate.
Mike shares insights from working with The Founder Institute, where thousands of entrepreneurs have gone through intensive training to build scalable businesses. Whether you’re launching a startup, scaling an investment portfolio, or just want to develop a winning mindset, this episode will challenge you to think bigger and level up.

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.

Connect with Rich on Instagram: @rich_somers

Stop Listening to the People Closest to You, and Start Listening to the People Closest to Your Goals | E309 Feb 18, 2025

Show notes

The people around you might care about you—but that doesn’t mean they know what’s best for your future. In this solo episode of The Rich Somers Report, Rich shares why taking advice from family, friends, and coworkers who have never done what you’re trying to do can hold you back—and why surrounding yourself with the right people is the key to success.
Rich breaks down:
Why most people discourage risk-taking—and how to push past their limiting beliefs.

The biggest mistake new investors and entrepreneurs make when seeking advice.

How he ignored the noise when cashing out his 401K to buy his first real estate deal.

The power of getting into the right rooms, shaking the right hands, and building a new circle.

Why taking action—despite fear—is what separates those who succeed from those who don’t.

If you’re tired of hearing “that’s too risky” from people who’ve never done it, this episode will challenge you to step up, shift your mindset, and start listening to the right voices.

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.

Connect with Rich on Instagram: @rich_somers

Our TOPPODCAST Picks

Follow Us

Stay Connected

Related Podcasts

Links

Stay Connected