The Rich Somers Report Rich Somers
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- Business
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 $50M. 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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It’s Supposed To Be Hard, and You’re Supposed To Do It Anyway | Saturday Edition E195
On today's episode of the Saturday Edition, Rich starts off by talking about how he transitioned from a demanding FAA air traffic controller job to a successful entrepreneur, overcoming failures and warnings about real estate risks, founding Somers Capital transformed his life, emphasizing the necessity of hard work, discomfort, and continuous improvement, his most recent change of quitting alcohol enhanced his work ethic, illustrating the importance of sacrifices for growth. Lastly, Rich adv...
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He Owns 9 Short Term Rentals & Just Bought His First Boutique Hotel | Kassidy Warren E194
On today’s episode, Rich sits down with Kassidy Warren – Real Estate Investor, Entrepreneur, Consultant and Former W2 Employee. Kassidy quit his job to turn to van life and consulting. In 2015, he started renting out his spare bedroom for $35/night and now has a $12 Million portfolio of properties across 5 states. He’s now a boutique hotel and short term rental investor.Rich and Kassidy start off by discussing their journey to sobriety, living up to our full potential, Kassidy’s biggest...
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Your Money will Grow When Your “Mindset” Does | Jason Drees E193
On today’s episode, Rich sits down with Jason Drees – Entrepreneur, Coach, Founder and CEO of Jason Drees Coaching, Author of “Do The Impossible,” Host of the podcast show “Do the Impossible.” In August of 2020, Jason Drees Coaching was just him. He had a 1 on 1 coaching business supporting people like Brandon Turner and countless other high net worth individuals around the world. Fast forward 4 months, Jason’s business grew revenue by 10x in 120 days. Fast forward a year, his business ...
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Benefits of Becoming a Franchisee & Should You Buy Bitcoin? | Jake Rosenthal E192
On today’s episode, Rich sits down with Jake Rosenthal – Real Estate Investor, Entrepreneur, Founder of Pure Legacies, and Host of the “Life on Your Terms with Jake Rosenthal” podcast. While working full-time in tech sales, he built out a $10M real estate portfolio that enabled him to leave his W2 job at 30 years old. He owns a portfolio of luxury short term rentals in Saint Augustine, Florida, and the Pocono Mountains in Pennsylvania. In addition to real estate, Jake is now expanding his por...
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How She Went From $37,000/YR to 220 Doors in 5 Years | Avery Carl E191
On today’s episode, Rich sits down with Avery Carl – Real Estate Investor, Author of Amazon’s best-seller “Short Term Rental, Long Term Wealth,” Host of “The Short Term Show” Podcast, and CEO of The Short Term Shop. Avery’s company has connected investors with over 5,000 cash-flowing short-term rental properties since 2018. Avery went from a $37,000 salary to a real estate portfolio of over 220 doors in 5 years through strategically investing in short-term and vacation rentals. Rich and ...
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Tax Loopholes & What To Do When You’re Audited | Amanda Han E190
On today’s episode, Rich sits down with Amanda Han – Real Estate CPA, Tax Strategist, and Managing Director of Keystone CPA. CPA by day and real estate investor by night, Amanda Han is a tax expert who helps entrepreneurs and real estate investors save money. When she’s not busy helping others with their taxes, she’s looking into the numbers to help leverage her own real estate portfolio. She’s been featured on Money Magazine, Google, and Forbes.Rich and Amanda start off by discussing the pod...