Rich Somers. How to Utilize Private Funding When You Invest. Episode 556 with The Real Brad Lea (TRBL)
Dropping Bombs
Brad Lea
4.8 • 2.3K Ratings
🗓️ 23 February 2023
⏱️ 46 minutes
🧾️ Download transcript
Summary
Rich is an active real estate investor and entrepreneur holding a portfolio of real estate valued in excess of $50 Million. Rich hosts a real estate and business podcast, “The Rich Somers Report”, where he interviews top real estate investors, entrepreneurs, and athletes from all over the world. Rich also co-hosts two monthly real estate networking events in his local city of San Diego. A graduate of California State University San Marcos College of Economics, Rich is passionate about building wealth for his team and investors through commercial real estate.
Check out more about Rich and what he does at https://www.somerscapital.com
In this episode, Brad and Rich talk about real estate opportunities & how Rich has created his wealth in the industry by utilizing private funding.
Bomb Dropped: There’s so much money out in the world, you just have to go get it
Bomb Dropped: Just because you were good friends with someone at some point in your life, does not mean you have to be good friends with them in your adult life
Bomb Dropped: Why do you want to spend time with someone that is no longer aligned?
Transcript
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| 0:00.0 | Listen up. |
| 0:02.0 | Or run. |
| 0:04.0 | For cover. |
| 0:06.0 | Run! |
| 0:08.0 | Run! |
| 0:10.0 | From the people who have attitude of people who need to know the real problem. |
| 0:14.0 | Bradley. |
| 0:16.0 | Is dropping. |
| 0:18.0 | So far so far. |
| 0:22.0 | What it is, Bradley, back again with another episode of Drop and Bombs today in the studio |
| 0:28.0 | was like every other day where I've got a real treat for your rich summers in the house. |
| 0:32.0 | What's up, Rich? |
| 0:34.0 | Mom, handpour. Thank you so much for having me on the show. |
| 0:36.0 | Man, looking forward to this conversation today. |
| 0:38.0 | Absolutely. If you guys don't know who he is, founder and CEO of Summer's Capital |
| 0:42.0 | basically used to be a government worker. |
| 0:44.0 | Yeah, air traffic controller 11 years, man. |
| 0:46.0 | Oh, is that what you were doing? |
| 0:48.0 | I was the guy looking at radar scopes, controlling the skies. |
| 0:50.0 | What's that pay? |
| 0:52.0 | For me, over time, you're cranking about 220 a year. |
| 0:56.0 | Yeah, but after taxes, you're making maybe 9,500. |
... |
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