The Rich Somers Report

What if the only thing standing between you and a seven-figure life was taking action—before you had the perfect plan? In this episode of The Rich Somers Report, Rich brings back best-selling author and entrepreneur Dan Martell to unpack the mindset, discipline, and strategies that separate those who stay stuck from those who win big. Rich and Dan dive into: Why most people never get rich—and how to break the cycle of inactionHow Dan went from overweight and introverted to shredded, wealthy, ...

Transcribed - Published: 30 April 2025

What really happens when a 21-year-old NFL rookie suddenly gets millions of dollars? In this episode of The Rich Somers Report, Rich sits down with Super Bowl champion and Pro Bowler Golden Tate to pull back the curtain on the financial realities, spending habits, and mindset shifts that come with making it to the league—and why building true wealth is a totally different game. Rich and Golden discuss: How Golden managed the pressures and distractions that come with early successThe real reas...

Transcribed - Published: 29 April 2025

How do you invest when lenders are pulling back, the market is volatile, and headlines are full of uncertainty? In this episode of The Rich Somers Report, Rich sits down with Suraj Desi—lender, capital markets expert, and long-time debt advisor in the boutique hotel space—to break down the real impact tariffs and shifting economic conditions are having on real estate lending. Rich and Suraj discuss: How volatility is affecting short-term debt and long-term capital markets strategyWhy banks an...

Transcribed - Published: 26 April 2025

Think you need a big down payment to get into real estate? Think again. In this episode of The Rich Somers Report, Rich sits down with real estate investor and educator Joshua Villareal to unpack how he and his clients are buying properties across the country using zero-down strategies—and maximizing cash flow through co-living models. Rich and Josh discuss: How to acquire 3 properties in 3 years with no money downThe VA loan, Navy Federal Military Choice, and HomeBuyers Choice loan programs ...

Transcribed - Published: 24 April 2025

Can a humble mailbox unlock financial freedom? Former Miss Nevada turned entrepreneur Lisa Song Sutton says yes—and her $2 million mailbox business proves it. In this episode, Rich sits down with Lisa to uncover how she turned an overlooked niche—independent mailbox stores—into a seven-figure income stream with low overhead, high recurring revenue, and zero franchise fees. They discuss: How she launched two stores for under $60,000 without outside capital Why the mini mailbox model thrive...

Transcribed - Published: 22 April 2025

Is cash flow keeping you comfortable—but capping your growth? In this episode of The Rich Somers Report, Rich sits down with legendary investor Thach Nguyen to break down why long-term wealth is built through appreciation—not just monthly income—and how wealthy investors think differently about scaling portfolios. Rich and Thach discuss: Why appreciation markets like San Diego and Seattle are often overlooked by beginners The trap of chasing cash flow in low-growth markets—and when to trad...

Transcribed - Published: 19 April 2025

Is cash flow keeping you comfortable—but capping your growth? In this episode of The Rich Somers Report, Rich sits down with legendary investor Thach Nguyen to break down why long-term wealth is built through appreciation—not just monthly income—and how wealthy investors think differently about scaling portfolios. Rich and Thach discuss: Why appreciation markets like San Diego and Seattle are often overlooked by beginners The trap of chasing cash flow in low-growth markets—and when to trad...

Transcribed - Published: 19 April 2025

What if one AI employee could handle 15,000 texts a day, boost your revenue, and actually sound human? In this episode of The Rich Somers Report, Rich sits down with Ephraim Ebstein—founder of Fit Solutions and a cutting-edge AI expert—to break down exactly how top entrepreneurs are using AI employees to drive profit, increase efficiency, and scale their businesses. They unpack how text-based AI workers are quietly replacing traditional roles, closing sales, handling customer support, and eve...

Transcribed - Published: 17 April 2025

Is laundromat investing the most underrated business model out there? In this episode of The Rich Somers Report, Rich sits down with Tom Donnelly, a full-time entrepreneur and laundromat owner, to break down how he went from a W-2 job to building a profitable, semi-passive business—and why more real estate investors are eyeing laundromats as their next cash-flow play. Rich and Tom discuss: How much laundromats really cost and how to finance them creatively Why seller financing is common—an...

Transcribed - Published: 15 April 2025

Waiting for the perfect conditions before you take action? You might be waiting forever. In this Saturday edition of The Rich Somers Report, Rich sits down with co-host Alex Johnson to unpack why progress always beats perfection and how success favors those who are willing to make decisions, take risks, and pivot along the way. Rich and Alex discuss: Why overthinking and analysis paralysis keep people stuck on the sidelines How to build momentum by focusing on the next step, not the full pi...

Transcribed - Published: 12 April 2025

Struggling to find the balance between results and sustainability when it comes to your health and fitness? In this episode of The Rich Somers Report, Rich sits down with women’s health and fitness coach Heather Woelk to break down the real strategies that help women optimize their bodies, boost energy, and build confidence—without burning out. Rich and Heather discuss: Why most women are under-eating and overdoing cardio—and how to fix it The myths around heavy lifting for women and how st...

Transcribed - Published: 10 April 2025

With rising national debt, shifting demographics, and massive wealth transfers on the horizon, where should investors focus their attention? In this episode of The Rich Somers Report, Rich sits down with Mark Moss, investor, entrepreneur, and host of The Mark Moss Show, to unpack the trends reshaping the economy—and where the smart money is moving. Rich and Mark discuss: The looming $4 trillion annual interest burden on U.S. debt and what it means for inflation How the retirement of 40 mill...

Transcribed - Published: 8 April 2025

What would it take to break free from the 9-5 and build a life that’s truly your own? In this Saturday edition of The Rich Somers Report, Rich sits down with Savannah Arroyo—also known as The Networth Nurse—to unpack how she transitioned from full-time nurse to full-time real estate investor and entrepreneur. Rich and Savannah discuss: The emotional moment that pushed Savannah to reevaluate her life and career How she built her portfolio during nights and weekends while working long hospita...

Transcribed - Published: 5 April 2025

What does it take to build a thriving business without sacrificing your health? In this episode of The Rich Somers Report, Rich sits down with functional health expert Ryan Kennedy to unpack the science and strategies behind high performance living—tailored specifically for entrepreneurs. Rich and Ryan discuss: How to naturally boost energy, focus, and mental clarity without burnout Why gut health, hormone balance, and blood sugar regulation are the foundation for long-term success The morn...

Transcribed - Published: 2 April 2025

What does it really take to walk away from a high-paying W2 and build a life of freedom on your own terms? In this episode of The Rich Somers Report, Rich sits down with Brian Luebben—entrepreneur, investor, and host of The Action Academy—to break down how he left corporate America, built passive income through real estate, and now travels the world full-time while running his business remotely. Rich and Brian discuss: How to break free from the golden handcuffs of a high-income job What i...

Transcribed - Published: 1 April 2025

What if you could pay yourself tax-free using your own home? In this episode of The Rich Somers Report, Rich sits down with Karlton Dennis, tax strategist and founder of Tax Reduction Company, to break down one of the most overlooked tax-saving strategies for business owners—the self-rental loophole, also known as the Augusta Rule. Rich and Karlton discuss: How to rent your personal residence to your business and collect tax-free income The specific documentation and setup required to make ...

Transcribed - Published: 29 March 2025

Are your real estate investments truly working for you? In this episode of The Rich Somers Report, Rich sits down with Joseph Silva, co-founder of Coastal California Group, to break down how mom-and-pop real estate investors can unlock trapped equity, maximize returns, and create generational wealth through strategic 1031 exchanges and better portfolio planning. Rich and Joseph discuss: What return on equity actually means and why most investors are underperforming without realizing it How ...

Transcribed - Published: 27 March 2025

Is your mindset holding you back from building the wealth and life you want? In this episode of The Rich Somers Report, Rich sits down with Jason Drees, high-performance mindset coach and founder of Jason Drees Coaching, to unpack how reframing your mindset can unlock exponential growth in both business and life. Rich and Jason dive into: Why success doesn’t come from working harder—it comes from operating in alignment The difference between setting goals and committing to a target How to r...

Transcribed - Published: 25 March 2025

How do you close a boutique hotel deal in just 37 days—and immediately increase its value? In this Saturday edition of The Rich Somers Report, Rich and Alex Johnson break down the recent acquisition of their latest boutique hotel in San Clemente, California. They walk through the full story, from off-market opportunity to closing, and share the operational playbook to optimize the property for cash flow and long-term appreciation. Rich and Alex discuss: How they sourced the deal through a b...

Transcribed - Published: 22 March 2025

What’s next for real estate investors as the market continues to shift? In this episode of The Rich Somers Report, Rich sits down with Krystle Simpson, a commercial lending expert and real estate investor, to break down the latest trends in capital markets, interest rates, and where the best opportunities are emerging. Rich and Krystle discuss: How rising interest rates have impacted liquidity and investor activity Why multifamily investments have become more challenging and what sectors ar...

Transcribed - Published: 20 March 2025

Are prefab ADUs the key to unlocking new streams of real estate income? In this episode of The Rich Somers Report, Rich sits down with Andrew Greer to discuss how investors are using prefabricated accessory dwelling units (ADUs) to maximize their properties, scale rental income, and build long-term wealth. Rich and Andrew dive into: How prefab ADUs can be installed quickly and generate high cash flow Why ADUs are one of the best solutions for affordable housing and rental demand The step-by...

Transcribed - Published: 18 March 2025

What does it take to build brand awareness and attract more customers in today’s digital world? In this episode of The Rich Somers Report, Rich sits down with Trevor Cowley, entrepreneur and host of Real Business Owners, to break down the most effective marketing strategies for entrepreneurs looking to grow their business and increase revenue. Rich and Trevor discuss: Why first impressions matter and how to optimize your website, social media, and online presence The power of organic conten...

Transcribed - Published: 16 March 2025

How do you rebuild your life after hitting rock bottom? In this episode of The Rich Somers Report, Rich sits down with Trevor Cowley, entrepreneur, podcast host, and mastermind leader, to discuss how he overcame addiction, financial struggles, and limiting beliefs to build multiple successful businesses. Rich and Trevor dive into: How Trevor battled drug addiction, financial setbacks, and personal struggles to turn his life around The mindset shifts that separate successful entrepreneurs fr...

Transcribed - Published: 13 March 2025

Is social status the key to attracting high-quality relationships? In this episode, Rich sits down with Michael Sartain, a networking and social dynamics expert, to break down the psychology behind attraction, social circles, and how men and women navigate today’s dating landscape. They cover: Why traditional dating advice is outdated—and how social media has changed the game. The biggest mistakes men make when trying to attract high-value partners. How hosting events and building a powerfu...

Transcribed - Published: 11 March 2025

Where are interest rates heading, and what does it mean for investors? In this episode of The Rich Somers Report, Rich sits down with Kenny Simpson, a commercial real estate investor and lending expert, to break down the latest market trends, economic shifts, and the current lending environment. Rich and Kenny discuss: Why the Fed’s “survive to 2025” narrative is shifting—and what it means for real estate. How softening job markets, government layoffs, and slowing hiring could impact intere...

Transcribed - Published: 8 March 2025

How do you scale from nothing to nearly half a billion dollars in real estate? In this episode of The Rich Somers Report, Rich sits down with Pace Morby, real estate investor and creative finance expert, to break down the low and no money down strategies he used to acquire over $450 million in real estate. Rich and Pace discuss: Why creative financing, seller financing, and sub-to deals are game-changers in today’s market.How Pace built a massive real estate portfolio without relying on tradi...

Transcribed - Published: 6 March 2025

How do you scale from nothing to nearly half a billion dollars in real estate? In this episode of The Rich Somers Report, Rich sits down with Pace Morby, real estate investor and creative finance expert, to break down the low and no money down strategies he used to acquire over $450 million in real estate. Rich and Pace discuss: Why creative financing, seller financing, and sub-to deals are game-changers in today’s market.How Pace built a massive real estate portfolio without relying on tradi...

Transcribed - Published: 6 March 2025

As Airbnb regulations tighten in major cities, investors are pivoting toward a new opportunity—boutique hotels. In this episode of The Rich Somers Report, Rich sits down with Dustin Heiner, real estate investor and host of The Master Passive Income Show, to discuss why boutique hotels are quickly becoming the next big investment trend. Rich and Dustin dive into: How Airbnb regulations in New York, Los Angeles, and San Francisco are shifting demand toward boutique hotels. Why boutique hotels...

Transcribed - Published: 4 March 2025

Want to build wealth and keep more of what you earn? In this episode of The Rich Somers Report, Rich sits down with Brian Decker, a serial entrepreneur and investor, to break down the most effective tax strategies, investing hacks, and long-term wealth-building moves that the ultra-wealthy use to legally minimize taxes and maximize returns. Rich and Brian discuss: How the wealthiest investors leverage real estate, private equity, and tax loopholes to grow wealth. Why most financial advisors...

Transcribed - Published: 1 March 2025

How do you know when it’s time to walk away from your 9-to-5 and go all-in on your dream? In this episode of The Rich Somers Report, Rich sits down with Dustin Heiner, real estate investor and host of The Master Passive Income Podcast, to break down the mindset shifts, financial moves, and key decisions that helped them transition from W-2 jobs to full-time real estate investing. Rich and Dustin dive into: Why most people are underpaid and how to break free from a paycheck mindset. How Dust...

Transcribed - Published: 27 February 2025

How do you know when it’s time to walk away from your 9-to-5 and go all-in on your dream? In this episode of The Rich Somers Report, Rich sits down with Dustin Heiner, real estate investor and host of The Master Passive Income Podcast, to break down the mindset shifts, financial moves, and key decisions that helped them transition from W-2 jobs to full-time real estate investing. Rich and Dustin dive into: Why most people are underpaid and how to break free from a paycheck mindset. How Dust...

Transcribed - Published: 27 February 2025

Is real estate still the best path to wealth, or is private equity the next level? In this episode of The Rich Somers Report, Rich sits down with Kris Krohn, a real estate investor, entrepreneur, and private equity expert, to break down why 90% of millionaires are created through real estate, but 100% of billionaires are made through private equity. Rich and Kris dive into: How Kris went from saving up $5,000 for his first FHA loan to building a massive real estate portfolio.Why house hacking...

Transcribed - Published: 25 February 2025

What does it mean to truly maximize your potential? Rich sits down with Wes Watson to break down the mindset, discipline, and personal development strategies that separate those who stay stuck from those who build a life of purpose, power, and wealth. Rich and Wes discuss: Why a man’s greatest mission is to become the best version of himself and share it with the world. How self-discipline, fitness, and high-frequency habits shape success. The connection between confidence, self-worth, and ...

Transcribed - Published: 22 February 2025

What separates highly successful entrepreneurs from those who never break through? In this episode of The Rich Somers Report, Rich sits down with venture capitalist Mike Sherbakov, general partner of The Veteran Fund, to break down the key trait he’s seen in the most successful business owners after working with over 10,000 entrepreneurs. Rich and Mike discuss: Why resilience, adaptability, and leadership are non-negotiable for founders. The biggest mistakes that prevent entrepreneurs from ...

Transcribed - Published: 19 February 2025

The people around you might care about you—but that doesn’t mean they know what’s best for your future. In this solo episode of The Rich Somers Report, Rich shares why taking advice from family, friends, and coworkers who have never done what you’re trying to do can hold you back—and why surrounding yourself with the right people is the key to success. Rich breaks down: Why most people discourage risk-taking—and how to push past their limiting beliefs. The biggest mistake new investors an...

Transcribed - Published: 18 February 2025

Money loves speed, poverty loves indecision! Tune in to learn how we’re acquiring another boutique hotel below replacement cost, off-market, and in record time, a 23 day close! In this episode Rich and Alex Johnson discuss: - What the team has been up to - the reasons they love this new deal - the “modern traveler” - value add strategies - Liberal vs Conservative markets - Exit strategies - Why money loves speed If you're accredited, and want to invest in this ...

Transcribed - Published: 15 February 2025

Are high taxes and government policies discouraging hard work and economic growth? In this episode of The Rich Somers Report, Rich sits down with Kevin Faulconer, former mayor of San Diego, to discuss the long-term impact of over-taxation, rising homelessness, and the business exodus from California. They dive into: How liberal policies in California are making it harder for businesses and individuals to thrive.Why high taxes and lack of accountability are driving businesses out of California...

Transcribed - Published: 14 February 2025

Is playing it safe really the best path to wealth? In this episode, Rich Somers joins Hunter Thompson on Cash Flow Connections to break down why he walked away from a secure W-2 job, cashed out his 401K, and went all-in on real estate investing—ultimately building an eight-figure net worth through boutique hotels. Rich and Hunter dive into: Why the greatest wealth transfer in history is creating once-in-a-generation opportunities.The power of taking bold action and how real estate can provide...

Transcribed - Published: 11 February 2025

Could better air traffic control have prevented the tragic DC mid-air collision? In this special episode, Rich Somers joins One America News to discuss the devastating crash between an American Airlines passenger flight and a military Black Hawk helicopter—and why systemic issues within the FAA, outdated technology, and staffing shortages may have played a role. Rich, a former 11-year air traffic controller, breaks down: What the recorded flight tapes reveal about the moments leading up to th...

Transcribed - Published: 8 February 2025

Success isn’t just about finding the right opportunities—it’s about becoming the person who’s ready for them. In this solo episode of The Rich Somers Report, Rich breaks down the mindset shifts, habits, and lessons that helped him level up from working a W-2 job to building an $80 million boutique hotel portfolio. Rich shares: The sacrifices and tough decisions that helped him break through limiting beliefs.How he struggled with raising capital early on—and the strategies that changed everyth...

Transcribed - Published: 6 February 2025

Can you really build a million-dollar brand from your phone? In this episode of The Rich Somers Report, Rich sits down with content and personal brand expert Neel Dhingra to break down the exact strategies that have helped him and countless others grow their businesses, land high-ticket clients, and scale their income—all through social media and a smartphone. They cover: Why content creation is the most powerful skill in 2025—and how to leverage it to grow your business.The biggest mistakes ...

Transcribed - Published: 4 February 2025

Buying a boutique hotel can be one of the most lucrative real estate moves—but one costly mistake can wipe out your profits. In this episode of The Rich Somers Report, Rich and Kassidy Warren break down the five most expensive mistakes new hotel investors make and how to avoid them. They cover: Why investing in oversaturated Airbnb markets can destroy your hotel’s profitability. The difference between investing for cash flow vs. appreciation—and why true wealth is built through forced appre...

Transcribed - Published: 1 February 2025

What if you could turn a single-family home into a high-cash-flowing multifamily property? In this episode of The Rich Somers Report, Rich sits down with ADU expert and real estate investor Chris Luna to break down the massive opportunities in ADU investing and the hard lessons he’s learned along the way—including how he lost $500K on a single deal.Chris shares:How he scaled his ADU development business in San Diego, leveraging zoning laws and underutilized properties.The deal that cost him $...

Transcribed - Published: 30 January 2025

What does it take to turn underperforming properties into multimillion-dollar boutique hotel investments? In this episode of The Rich Somers Report, Rich joins Tim Hubbard on the Short Term Rental Riches podcast to share the journey of building a thriving hotel business from scratch. From cashing out his 401K to owning an $80M portfolio, Rich dives deep into the strategies that helped him scale with precision and purpose.Rich breaks down:How boutique hotels differ from short-term rentals and ...

Transcribed - Published: 28 January 2025

What happens when one of the world’s biggest real estate moguls calls out California’s leadership? In this explosive episode, Rich Somers hosts Grant Cardone for an unfiltered conversation about the incompetence fueling California’s wildfires, rising homelessness, and runaway taxes. Grant opens up about the devastation of watching his $65M Malibu home nearly burn to the ground—and why he blames poor leadership and neglected infrastructure for the destruction.The conversation doesn’t stop ther...

Transcribed - Published: 25 January 2025

What happens when one of the world’s biggest real estate moguls calls out California’s leadership? In this explosive episode, Rich Somers hosts Grant Cardone for an unfiltered conversation about the incompetence fueling California’s wildfires, rising homelessness, and runaway taxes. Grant opens up about the devastation of watching his $65M Malibu home nearly burn to the ground—and why he blames poor leadership and neglected infrastructure for the destruction.The conversation doesn’t stop ther...

Transcribed - Published: 25 January 2025

What if you could turn a single-family property into a cash-flowing multifamily asset? In this episode of The Rich Somers Report, Rich sits down with ADU expert France Hanna to break down the massive wealth-building potential of accessory dwelling units (ADUs). From backyard additions to large-scale developments, France shares insider strategies to navigate California's pro-housing legislation and maximize the value of your real estate investments.In this episode, you’ll learn:How California’...

Transcribed - Published: 23 January 2025

How do you get started in real estate investing and scale your portfolio over time? In this episode of The Rich Somers Report, Rich sits down with JD Schmerge, a multifamily broker and co-owner of Sabre Group, to discuss the strategies that have led countless investors to success. JD shares how he helped Rich close his first multifamily deal in Cincinnati—a pivotal step that set the foundation for his $80 million portfolio.They dive into:-The power of taking action, even on smaller deals, to ...

Transcribed - Published: 21 January 2025

With interest rates still high and housing supply at record lows, what’s next for real estate? In this episode of The Rich Somers Report, Rich and co-host Alex Johnson analyze the state of the market in 2025 and beyond. They explore the supply-demand dynamics, political shifts, and economic factors that could lead to a surge in real estate activity.Key topics include:Why the housing market has remained resilient despite high interest rates.The greatest wealth transfer in U.S. history and its ...

Transcribed - Published: 18 January 2025

Are you ready to make 2025 your most impactful year yet? In this solo episode of The Rich Somers Report, Rich shares his proven 12-step framework for getting ahead of 99% of people and leveling up your life and business. From eliminating alcohol and creating disciplined routines to building a personal brand that opens doors, Rich dives deep into actionable strategies anyone can implement.This episode covers:Why the bar for success has never been lower—and how to rise above it.The game-ch...

Transcribed - Published: 16 January 2025