Why Set Jet Recently Went Out of Business | Saturday Edition E153

The Rich Somers Report

Rich Somers

Business, Investing

5.0 • 1K Ratings

🗓️ 24 February 2024

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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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 reflect on their trip to Nashville for STR Wealth Con and the mastermind trip, co-hosted with Investor Girl Britt, in Cabo coming up in a few weeks. They then analyze why Set Jet, a charter airline with a membership-based and by-the-seat private jet program, went out of business. Rich then shares his insights to why real estate is the safest bet to invest in...

Transcript

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0:00.0	90% of all millionaires are created through real estate
0:02.6	and like as long as you buy decent deals,
0:05.3	you don't overpay and you buy in good locations,
0:07.4	you don't buy in like war zones,
0:09.5	it's kind of hard to lose.
0:11.1	And so, I don't know, it just gets me thinking like with all these like
0:14.2	startup ideas out there, it's like, you know, real estate is almost the for sure
0:18.4	thing and it's if you have good people wrapped around you and you buy decent
0:22.1	properties, you have a good team, like it's really hard to fuck it up and so it just gets me
0:27.0	thinking like why did more people not invest in real estate you know yeah
0:30.7	welcome to the rich summers report where we talk real estate, business, and wealth building,
0:36.0	all while keeping it real. No fluff, no BS. I hope that you enjoy the show.
0:51.0	All right guys, welcome to another episode of the Report Saturday Edition, and I got my co-host today. It's been a little bit.
0:52.0	Miss Alex, welcome to the show. Thank you. host today it's been a little bit miss Alex
0:52.6	jonson now welcome to the show thank you how's it going it's going really
0:56.4	really good it's February 2023 now 2024
1:00.4	2024 it's going really good. How are you doing?
1:03.0	Good, it's been a while since I've been in the hot seat here, but it's good to be back and
1:07.7	feel like it's been a good year so far, keep them busy. I have a meetup tonight,
1:11.6	so it's been good. We got a meet up tonight. So it's been good.
1:13.3	We got a meet up tonight.
1:15.1	The team was just out in Nashville, a couple weeks back
	...

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