The Rich Somers Report

Rich Somers

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

  1. 3D AGO

    The Boomer Wealth Transfer ($2.5M/Yr Opportunity) │Boris and Amanda Palomino E507

    Apply for the Palomino Yacht Mastermind Experience: Palominoseniorliving.com Accredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest A massive demographic shift is already underway—and most investors aren’t paying attention. Rich Somers sits down with Boris and Amanda Palomino to break down why residential assisted living is quickly becoming one of the most compelling and recession-resistant real estate asset classes in the country. With millions of baby boomers entering the age of care and a nationwide shortage of beds, demand is accelerating while supply struggles to keep up.  The conversation dives into how small, boutique care homes generate strong monthly cash flow, why this model avoids many of the regulatory pressures hitting Airbnb, and how investors can combine real estate appreciation with an operating business under one roof. Boris and Amanda explain market selection, licensing, staffing, and how these properties can produce meaningful income while still qualifying for powerful tax advantages. Rich also explores why this asset class is protected, how leverage and creative financing can be used responsibly, and why the “sandwich generation” is driving long-term demand for high-quality care options. This episode is a deep, practical look at an overlooked real estate strategy—built on fundamentals, demographics, and real operating leverage. Connect with Rich on Instagram: @rich_somers Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.

    50 min
  2. MAY 16

    What Most People Get Wrong About Buying Businesses | Trish Scelfo E504

    Accredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest Today Rich Somers sit's down wit Trish Scelfo to unpack the world of franchising, business ownership, and how entrepreneurs can find the right opportunity based on their personality, strengths, capital, and long-term goals.  Trish breaks down the difference between buying an existing business and investing in a franchise, why service-based businesses can be powerful cash-flow plays, and how to avoid common mistakes like underfunding marketing or choosing a brand that does not truly fit your skill set.  Rich and Trish also dive into the “experience tax,” franchise risk, creative ways to add value, what it really takes to become a successful franchisee, and why you should run your business from day one like you are going to sell it tomorrow. Whether you are leaving corporate America, looking to buy your first business, or trying to scale smarter, this episode is packed with practical insights on choosing the right industry, building great teams, creating unforgettable customer experiences, and positioning your business for a valuable exit. Connect with Rich on Instagram: @rich_somers Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.

    56 min
  3. MAY 12

    The 2026 Boutique Hotel Blueprint | Brad Lea E502

    Accredited investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest Rich Somers sits down with Brad Lea to break down why boutique hotels could become the next massive wealth play as Airbnb regulations tighten across the country. From building an 8-figure real estate portfolio after starting at 33 years old to using AI, influencers, and branding to transform rundown beachfront motels into luxury cash-flowing assets, Rich explains exactly how he’s building Summers Capital into a billion-dollar company. This episode dives into real estate investing, personal branding, private equity, AI automation, and the mindset required to reinvent your life. Rich shares how he went from air traffic controller to running one of the fastest-growing boutique hotel portfolios in the country, while revealing why the biggest risk in life might be never betting on yourself at all. Connect with Rich on Instagram: @rich_somers Interested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Connect with Rich on Instagram: @rich_somers Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.

    45 min
5
out of 5
1,024 Ratings

About

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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