The Rich Somers Report

Latest Episodes:

We’re Acquiring Another Boutique Hotel Below Replacement Cost, and a Quick “23 Day Close”! | Alex Johnson (Saturday Edition) E308 Feb 15, 2025

Show notes

Money loves speed, poverty loves indecision! Tune in to learn how we’re acquiring another boutique hotel below replacement cost, off-market, and in record time, a 23 day close!

In this episode Rich and Alex Johnson discuss:

- What the team has been up to

- the reasons they love this new deal

- the “modern traveler”

- value add strategies

- Liberal vs Conservative markets

- Exit strategies

- Why money loves speed

If you're accredited, and want to invest in this deal, we have limited opportunity remaining: visit www.somerscapital.com/invest to book a free call with our team!

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 Consequences of Punishing (Tax) Americans Who Work & Improve & Giving Free Money to Those Who Don’t | Kevin Faulconer E307 Feb 13, 2025

Show notes

Are high taxes and government policies discouraging hard work and economic growth? In this episode of The Rich Somers Report, Rich sits down with Kevin Faulconer, former mayor of San Diego, to discuss the long-term impact of over-taxation, rising homelessness, and the business exodus from California.

They dive into:

How liberal policies in California are making it harder for businesses and individuals to thrive.
Why high taxes and lack of accountability are driving businesses out of California.
The growing homeless crisis and how cities like San Diego are handling the issue.
Why political will and leadership are the key to making meaningful changes and improving quality of life.
The role of entrepreneurship and business-friendly policies in fostering real economic growth.

Kevin also shares his thoughts on California’s real estate market, the importance of balancing regulations with opportunities, and how we can turn the tide in favor of those who want to improve their lives.

If you’re frustrated by the current state of politics, taxes, and business, this episode is for you. Tune in to hear what needs to change and how it could impact your future.

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

Why You Should Burn Your 401K and Go “All-in” on Real Estate Investing | Hunter Thompson (Guest Episode) E306 Feb 11, 2025

Show notes

Is playing it safe really the best path to wealth? In this episode, Rich Somers joins Hunter Thompson on Cash Flow Connections to break down why he walked away from a secure W-2 job, cashed out his 401K, and went all-in on real estate investing—ultimately building an eight-figure net worth through boutique hotels.

Rich and Hunter dive into:

Why the greatest wealth transfer in history is creating once-in-a-generation opportunities.
The power of taking bold action and how real estate can provide real financial freedom.
Why boutique hotels are outperforming short-term rentals and how to navigate Airbnb regulations.
The role of personal branding in raising capital, attracting deals, and scaling a business.
The mindset shifts required to break out of the traditional path and build lasting wealth.

Rich shares his journey from an air traffic controller to a full-time investor, while Hunter breaks down why timing, market cycles, and strategic decision-making are key to long-term success. Whether you’re stuck in a W-2 or looking to scale, this episode offers real insights into betting on yourself and making big moves in real estate.

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

Why I Think the DC Crash Could Have Been Prevented By Air Traffic Control: Interview with One America News | Stephanie Myers E305 Feb 08, 2025

Show notes

Could better air traffic control have prevented the tragic DC mid-air collision? In this special episode, Rich Somers joins One America News to discuss the devastating crash between an American Airlines passenger flight and a military Black Hawk helicopter—and why systemic issues within the FAA, outdated technology, and staffing shortages may have played a role.

Rich, a former 11-year air traffic controller, breaks down:

What the recorded flight tapes reveal about the moments leading up to the crash.
The dangers of controllers working multiple positions at once due to staffing shortages.
Why outdated FAA equipment and hiring practices create unnecessary risks.
How better training, technology, and policies could help prevent future tragedies.

With firsthand experience controlling some of the busiest airspace in the world, Rich provides an inside look at what went wrong—and what needs to change to make the skies safer.

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

Certain Doors Won’t Open For You Until You Become the Version of Yourself that Can Walk Through Them | E304 Feb 06, 2025

Show notes

Success isn’t just about finding the right opportunities—it’s about becoming the person who’s ready for them. In this solo episode of The Rich Somers Report, Rich breaks down the mindset shifts, habits, and lessons that helped him level up from working a W-2 job to building an $80 million boutique hotel portfolio.

Rich shares:

The sacrifices and tough decisions that helped him break through limiting beliefs.
How he struggled with raising capital early on—and the strategies that changed everything.
The importance of positioning yourself for success before the right deals and relationships appear.
Lessons learned from navigating financing, investor relations, and scaling in a competitive market.

The biggest opportunities won’t come to you by chance. They come when you’re ready to step through the door. Whether you’re looking to break into real estate, grow your business, or take the next step in your career, this episode will challenge you to 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

How to Make Your First Million With an iPhone | Neel Dhingra E303 Feb 04, 2025

Show notes

Can you really build a million-dollar brand from your phone? In this episode of The Rich Somers Report, Rich sits down with content and personal brand expert Neel Dhingra to break down the exact strategies that have helped him and countless others grow their businesses, land high-ticket clients, and scale their income—all through social media and a smartphone.

They cover:

Why content creation is the most powerful skill in 2025—and how to leverage it to grow your business.
The biggest mistakes holding people back from building an audience and monetizing their brand.
How consistency, niche selection, and storytelling are the keys to creating viral, shareable content.
Why podcasting and long-form content are underrated wealth-building tools.

Neel also shares insider growth hacks used by top creators like Alex Hormozi, Dan Martell, and Gary Vee—including the #1 secret to making content that gets millions of views. Whether you're in real estate, coaching, or any other industry, this episode is packed with actionable steps to help you turn your iPhone into a money-making machine.

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

5 Expensive Mistakes to Avoid When Buying Your First Boutique Hotel | Kassidy Warren Saturday Edition E302 Feb 01, 2025

Show notes

Buying a boutique hotel can be one of the most lucrative real estate moves—but one costly mistake can wipe out your profits. In this episode of The Rich Somers Report, Rich and Kassidy Warren break down the five most expensive mistakes new hotel investors make and how to avoid them.
They cover:
Why investing in oversaturated Airbnb markets can destroy your hotel’s profitability.
The difference between investing for cash flow vs. appreciation—and why true wealth is built through forced appreciation.
The critical importance of knowing your exit strategy before you buy—so you’re not stuck with an asset no one wants.
Why underwriting and due diligence are non-negotiable, plus how to avoid running out of money during renovations.
The biggest mistake of all: going at it alone instead of leveraging experienced operators and investors.
Rich and Kassidy also share details on their free two-day boutique hotel investing workshop designed to help new investors get started in this space. Whether you’re eyeing your first deal or looking to scale, this episode is packed with insider knowledge to keep you from making costly mistakes.

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 Secrets to ADU Investing & How He Lost $500K on One Deal | Chris Luna E301 Jan 30, 2025

Show notes

What if you could turn a single-family home into a high-cash-flowing multifamily property? In this episode of The Rich Somers Report, Rich sits down with ADU expert and real estate investor Chris Luna to break down the massive opportunities in ADU investing and the hard lessons he’s learned along the way—including how he lost $500K on a single deal.

Chris shares:

How he scaled his ADU development business in San Diego, leveraging zoning laws and underutilized properties.
The deal that cost him $500K, what went wrong, and how he rebounded stronger.
The key to structuring creative financing with bridge loans and investor capital.
Why selecting the right location, lot size, and zoning can make or break an ADU investment.

Packed with real talk, lessons learned, and strategies for success, this episode is a must-listen for anyone looking to scale in the ADU space or avoid costly mistakes in real estate investing.

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

How to Buy Your First Boutique Hotel | Tim Hubbard Guest Episode E300 Jan 28, 2025

Show notes

What does it take to turn underperforming properties into multimillion-dollar boutique hotel investments? In this episode of The Rich Somers Report, Rich joins Tim Hubbard on the Short Term Rental Riches podcast to share the journey of building a thriving hotel business from scratch. From cashing out his 401K to owning an $80M portfolio, Rich dives deep into the strategies that helped him scale with precision and purpose.

Rich breaks down:

How boutique hotels differ from short-term rentals and why they’re a scalable investment model.
The step-by-step approach to identifying underperforming assets and creating massive value.
Leveraging seller financing and bridge loans to minimize upfront costs and maximize ROI.
Why the next decade offers unprecedented opportunities with the largest wealth transfer in history.

Packed with actionable insights, this episode explores the mindset and strategies needed to succeed in boutique hotel investing—even in today’s market. Whether you're scaling from short-term rentals or starting fresh, this conversation delivers the blueprint for building wealth through hospitality.

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

Gavin Newsom Exposed by Grant Cardone For Burning His $65M Malibu House & Grant’s $100M Lawsuit with Gary Brecka E299 Jan 25, 2025

Show notes

What happens when one of the world’s biggest real estate moguls calls out California’s leadership? In this explosive episode, Rich Somers hosts Grant Cardone for an unfiltered conversation about the incompetence fueling California’s wildfires, rising homelessness, and runaway taxes. Grant opens up about the devastation of watching his $65M Malibu home nearly burn to the ground—and why he blames poor leadership and neglected infrastructure for the destruction.

The conversation doesn’t stop there. Grant dives into:

His $100M lawsuit with Gary Brecka and why their partnership unraveled.
A groundbreaking real estate fund blending Bitcoin and multifamily investments for game-changing returns.
Why California’s priorities are backwards and his bold plan to rebuild the state in just 12 months.

Packed with fiery takes, strategic insights, and Grant’s signature energy, this episode is a must-listen for anyone interested in real estate, leadership, and the future of California.

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

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