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The Rich Somers Report

Building Wealth Outside of Wall Street | Saturday Edition E141

The Rich Somers Report

Rich Somers

Investing, Business

5.01K Ratings

🗓️ 27 January 2024

⏱️ 58 minutes

🧾️ Download transcript

Summary

Rich joins Bethany LaFlam on her Bubbles with Bethany Mastermind, recorded in January 2024. Bethany is an Entrepreneur, Seasoned Deals Lawyer, Managing Partner of Premier Law Group, Mother, and Visionary. With more than 20 years of experience practicing law, Bethany has leveraged that expertise into her business life. Rich and Bethany start off by discussing what Rich’s unique superpower is, Bethany’s experience becoming a lawyer, the benefits of getting into real estate, Rich’s Boutique Hot...

Transcript

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0:00.0

The days of buying an Airbnb where you're just going to buy a four bedroom property, throw some IKEA furniture there, and throw it online and think you're going to cross, those days are over.

0:10.0

Welcome to the Rich Drummers Report, where we talk real estate, estate, business and wealth building all while keeping it real.

0:15.3

No fluff, no BS. I hope that you enjoy the show.

0:27.6

Welcome, everybody. Welcome everybody to Bubbles with Bethany. I'm so excited to be back this here and I'm even more excited to have a fellow hotel investor which I I'm really excited about Rich Summers here, joining us

0:36.4

today for Bubbles.

0:38.0

Rich is, he's a boutique hotel investor, he's got a fund to do the very same. He's got this amazing

0:44.1

podcast called The Rich Summers Report and he even has a really awesome

0:48.9

mastermind geared towards helping other people become boutique hotel syndicators, which is how I think

0:56.3

we actually met in the first place, right?

0:59.4

It is.

1:00.4

It is.

1:01.4

Yeah.

1:02.4

Welcome. Thank you so much. I'm so excited to have you. I love that we can share our passion for all things, Petit Hotels.

1:08.0

Likewise, Bethany, I appreciate you having me on and I'm super excited for the conversation today.

1:13.2

Me too, thank you.

1:14.6

I'm going to dive right in.

1:15.7

Well first of all, cheers to you.

1:17.3

I've got, we've got our non-alcoholic beverages.

1:20.9

That's the black coffee over here.

1:23.0

There we go. I got sparkling water here.

1:25.0

Yes, cheers, everybody.

1:27.0

We have a lot of people doing dry January, so I don't think there's a lot of champagne or beer going on.

...

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