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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:
    He's Met 10 Billionaires... Here's What They All Do To Be Successful | Albert Preciado E552 Sep 26, 2026
    Show notes

    In this episode Rich sits down with Albert Preciado to talk about the biggest lessons Albert has learned from spending time around billionaires, entrepreneurs, and highly successful people. They break down why wealthy people treat time differently, make decisions quickly, protect their environment, invest in relationships, and continue putting in extreme amounts of work even after reaching levels of success most people would consider “making it.” Albert also opens up about his marriage, separation, raising his daughters, dating, and how his perspective on relationships has changed.

    Rich and Albert also dive into real estate, credit, fitness, parenting, and building wealth. They discuss using FHA loans to acquire multifamily properties, leveraging credit to create opportunities, why they prefer owning investment properties while renting where they personally live, and how Albert structures his daily routine. They also discuss homeschooling, social media, personal branding, networking with successful people, and why getting into the right rooms and around the right people can completely change the trajectory of your life.

    Connect with Rich on Instagram: @rich_somers


    Doctor Explains: What Peptides, TRT & GLP-1s Actually Do to Your Body | Dr. Todd Stearns E551 Sep 24, 2026
    Show notes

    In this episode Rich sits down with Dr. Todd Stearns to break down the rapidly changing world of longevity, hormone optimization, peptides, and metabolic health. They discuss why traditional bloodwork may not tell the whole story, the additional biomarkers Dr. Todd looks at, and Rich’s personal experience optimizing his testosterone. Dr. Todd also explains how hormones can affect energy, sleep, stress, cognitive performance, and overall health as people age.

    They also dive into peptides, GLP-1 weight-loss drugs, and the future of longevity medicine. Dr. Todd explains the differences between semaglutide, tirzepatide, and the still-investigational retatrutide, along with the potential benefits and limitations of compounds like BPC-157 and MOTS-c. They discuss maintaining muscle while losing fat, improving sleep and metabolic health, the importance of exercise and nutrition, and why the next generation of personalized health may be built around better testing, better information, and more individualized treatment.

    If you’ve ever thought, “I’m not sick, but I don’t feel like myself anymore,” don’t ignore it. You don’t have to wait until medicine gives your symptoms a name before you start paying attention to them. Visit SuperNovaRX today!

    Follow @DrtSupernova on Instagram and The Longevity Debrief on YouTube to learn more about taking a proactive approach to your health.

    Connect with Rich on Instagram: @rich_somers


    7 Unique Ways to Get More Customers for Any Local Business | Daniel Hernandez E550 Sep 22, 2026
    Show notes

    In this episode Rich sits down with Daniel Hernandez who explains why “boring” home-service businesses can become highly profitable, durable companies that AI cannot replace. Drawing from his experience building Falcon Ridge Roofing, Daniel breaks down why roofing and other trades remain evergreen, how healthy roofing companies can produce 25–35% net margins, and what helps a home-service business command a four-to-eight-times valuation.

    They also discuss how to recruit and retain great salespeople, create recurring revenue through maintenance plans, and use reputation to stand out in a competitive market. Daniel shares his approach to websites, Yelp, paid advertising, customer reviews, consistent branding, and rapid lead response before explaining the difference between making money and building lasting wealth.

    You can follow the Best Version of Me Podcast on YouTube, Spotify, Apple Podcasts, Instagram and the other major platforms along with Daniel's personal IG @danielhernandezofficial

    Connect with Rich on Instagram: @rich_somers


    How To Legally Cut Your Taxes By 50% In 2026 | Rondi Lambeth E549 Sep 19, 2026
    Show notes

    In this episode Rich sits down with Rondi Lambeth who explains how business owners can legally reduce their taxes through corporate structuring, income shifting, asset protection, and lesser-known provisions in the tax code. Rondi breaks down why he believes most entrepreneurs pay more taxes than legally required, how companies like Apple shift income between jurisdictions, and how combining operating companies, holding companies, and C corporations can potentially change how business income is taxed.
    They also take a deep dive into the Augusta Rule, including how business owners may rent their homes to their companies for up to 14 days and receive the income tax-free when properly documented. Rondi covers employing your children, Section 179, bonus depreciation, depreciation recapture, and using real estate, vehicles, energy investments, and job creation to reduce taxable income. He also shares how he recovered after losing nearly $5 million following COVID and reveals the financial principles he wishes he had understood earlier.

    Listeners can get Fortress Tax’s $2,497 Tax Assessment for just $997. Their team will show you what your CPA may be missing and identify at least $10K in potential tax savings. Get yours here: https://fortress.tax/richsomers

    Connect with Rich on Instagram: @rich_somers


    Why 50% of Real Estate Agents Could Lose Their Jobs to AI | Colton Lindsay E548 Sep 17, 2026
    Show notes

    In this episode Rich sits down with Colton Lindsay who shares his unfiltered perspective on the future of real estate, why traditional agents are in danger, and how AI could eliminate nearly half of the industry’s jobs. Colton explains the proposed portable mortgage, why interest rates may remain elevated, how current market conditions are creating opportunities for long-term investors, and why buyers, sellers, and agents must learn to operate under an entirely new set of rules.

    They also break down the daily blueprint an agent can use to reach $500,000–$1 million per year, the difference between creating a demanding job and building a scalable business, and how AI can automate lead follow-up, marketing, contracts, and client communication. Colton also opens up about family, purpose, protecting your time, reinventing his business after losing $1 million in revenue, and why personal brands and recurring revenue will become increasingly valuable in the years ahead.

    Follow Colton on Instagram at www.instagram.com/thewgr

    Connect with Rich on Instagram: @rich_somers


    How She 3X’d Her Rental Income Without Buying More Properties| Megan Ahern E547 Sep 15, 2026
    Show notes

    Real estate investor Megan Ahern reveals how purchasing a $1.3 million package of homes nearly forced her into bankruptcy. When the market slowed, she found herself holding 25 unsold flips while paying roughly $20,000 per month in interest. Megan explains how she worked transparently with her lenders, secured additional renovation funds, paused interest payments, sold rentals, and made the difficult decision to take losses before the situation became even worse.

    Megan also breaks down how the experience completely changed her investment strategy—from maximizing leverage and chasing more properties to owning fewer, higher-quality assets with stronger cash flow. She shares why approximately 80% of her portfolio is now made up of mid-term rentals, how she maintains roughly 95% occupancy, and how converting an existing long-term rental into a furnished mid-term rental can potentially double its monthly income. The conversation also covers operating an efficient home-staging company, investing within your local market, and building an “anti-fragile” real estate portfolio.

    Follow Megan on Instagram — @the_tatty_investor to see the real stuff — the losses, the seven-plex from hell, and how she systematized her way out of the chaos.

    Connect with Rich on Instagram: @rich_somers


    How He Makes $2M/Yr Renting Websites To Local Businesses | Luke Van Der Veer E546 Sep 14, 2026
    Show notes

    In this episode Rich sits down with Luke Van Der Veer who explains how he built a business generating leads through local SEO. His model is simple: identify a profitable service in a city with manageable competition, build a website targeting that search, rank it at the top of Google, and then rent the incoming leads to a local business. He explains why home-service industries work especially well, how beginners can structure commission or pay-per-lead arrangements, and how those relationships can eventually become revenue-sharing or ownership opportunities.

    Luke also shares why he purchased a $1.7 million ice cream truck business with 52 vehicles as both a business opportunity and a tax strategy. He breaks down how the company makes money through truck rentals, wholesale ice cream sales, and private events while discussing seasonality, staffing, maintenance, and financing. The conversation closes with the coming wave of baby-boomer business owners retiring—and why entrepreneurs with strong lead-generation skills may be positioned to acquire and grow these businesses.

    To learn more about Luke and what he teaches, visit Website Rental Coaching.

    Connect with Rich on Instagram: @rich_somers


    Former NFL Player: How To Re-Build Your Mind To Crave Hard Work | Anthony Trucks E545 Sep 10, 2026
    Show notes

    Former NFL linebacker Anthony Trucks breaks down why changing your life requires changing your identity first. Anthony explains why real transformation comes through experience, how doing difficult things builds confidence, why most people retreat into comfort, and the “dark work” required to become the person capable of achieving the life you want. He also shares lessons from playing for the Pittsburgh Steelers and what Mike Tomlin taught him about discipline, leadership, and mastering the small things.

    Anthony also reveals how he became a highly sought-after keynote speaker, how great speakers command a room, and how he turns speaking engagements into long-term business opportunities. From outgrowing your current tribe to overcoming limiting beliefs around money and success, this conversation explores what actually separates people who continually level up from those who stay stuck in the same version of themselves.

    Curious to learn more about Anthony’s Dark Work platform? Explore it here!

    Connect with Rich on Instagram: @rich_somers


    The Ultimate Guide To Legally Paying Less Taxes| David Sinclair E544 Sep 08, 2026
    Show notes

    Most high-income earners assume a massive tax bill is simply the price of making more money. In this episode, David Sinclair breaks down how wealthy investors and entrepreneurs approach the tax code differently — from real estate professional status and short-term rentals to cost segregation, Section 179, heavy equipment, and foreign exchange strategies designed to create significant tax deductions.
    David also explains when advanced tax strategies actually begin to make sense, why buying an investment solely for the tax deduction can backfire, and how high earners should think about private jets, depreciation, net operating losses, Roth conversions, and building long-term generational wealth. If you’re making serious money and want to better understand how sophisticated investors think about taxes, investments, and keeping more of what they earn, this episode gives you a look inside that playbook.

    At this point in the year, the focus should be on what steps you can take to reduce how much you’ll have to pay in taxes for 2026.
    - Cut your tax bill by up to 80% or more with a Darmen Tax Plan for just $15k
    (Special for Rich’s audience; normally $25k)- If you already know you’re going to have taxable income of $1M or more, then
    you should consider the DFX investment vehicle:
    • Generates 10% target annual cash flow
    • Provides projected annualized returns > 19%
    • Delivers a 10-to-1 tax deduction in the year of investment

    Invest $100k this year and get a $1M active income tax deduction on your
    2026 taxes, along with $10k targeted annual cash flow each year, and a
    projected 19.75% annualized return over the 10-year hold period for the
    investment.

    Connect with Rich on Instagram: @rich_somers


    What Do PEPTIDES Actually Do To Your Body? | Michelle Sands E543 Sep 05, 2026
    Show notes

    In this episode, Rich sits down with Dr. Michelle Sands to break down the world of hormones, menopause, sexual health, peptides, and human performance. Michelle explains what actually happens during perimenopause, why women can begin experiencing hormonal symptoms years before menopause, and how testosterone, estrogen, progesterone, thyroid health, and lifestyle can impact everything from sleep and energy to body composition and sex drive.
    They also dive into hormone optimization for both men and women, erectile and sexual health, PT-141, HGH, NAD+, GLP-1s, weight loss, muscle preservation, and the growing longevity movement. Michelle shares her own transformation from endurance athlete to competitive bodybuilder in her 50s, why she believes muscle is one of the most important tools for longevity, and how properly combining lifestyle, nutrition, exercise, and hormone optimization can help people perform at a higher level.

    If you’re listening and thinking: "I know something is off with my hormones, but I have no idea where to start.” I’d recommend watching Michelle's Hormone Restoration Masterclass. She breaks down what’s actually happening during perimenopause and menopause, what symptoms can tell you, what to test, and what your options really are.
    And for women who already know they’re ready to take action and want to learn more about cleaner hormone replacement options, they can also check out Clean Hormones.

    Connect with Rich on Instagram: @rich_somers


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