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The Rich Somers Report

Are Relationships or Strategy More Important in Real Estate Investing? | Saturday Edition E99

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5910 Ratings

🗓️ 21 October 2023

⏱️ 19 minutes

🧾️ Download transcript

Summary

On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners. Rich and Alex analyze how much of real estate investing is based on who you know vs what you know, and Rich shares an anecdote about a new opportunity in the Pacific Northwest. If you have a question you'd like answered, please email infoSomerscapital.com. Stay tuned every Saturday to see if it's featured!--Connect with Rich on Instagram: @rich_somersInterested in inve...

Transcript

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0:00.0

you can have the highest offer you can have the best terms you can create the most

0:07.2

appealing offer but if you can't bring it to the finish line then what's the point they're not going to get paid it they're

0:14.8

going to be even worse off to square one so I think building that relationship but

0:19.6

also the trust of being able to perform is very important.

0:23.4

Welcome to the Rich Drummers report where we talk real estate,

0:27.1

business, and wealth building all while keeping it real.

0:29.9

No fluff, no BS.

0:31.6

I hope that you enjoy the show.

0:37.2

All right guys, welcome to another episode of the report,

0:40.3

Saturday Edition, and I got my co-host Miss Alex Johnson.

0:44.3

Alex welcome to the show.

0:45.4

Thank you, how's it going?

0:46.8

It's going wonderful.

0:47.8

We're wrapping up a busy week here at the Summer's Capital Office.

0:51.8

I know Lauren and I were up north for a couple days,

0:54.4

visiting touring properties and new opportunities for the team, for our investors,

0:58.9

and for our mastermind as well. And we had a nice dinner on Wednesday night at

1:03.1

Lumi with our mastermind group, which was in town.

1:05.3

That was really, really cool.

1:06.4

Yeah, that was awesome.

1:07.3

It was first time meeting some people face to face.

1:10.4

Like we feel like we know everyone.

...

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