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 the benefits of podcasting, Rich shares his experience starting two different podcasts and what he’s learned from them, and Alex reveals some behind-the-scenes info about the podcast. 
If you have a question you'd like answered, please email [email protected]. Stay tuned every Saturday to see if it's featured!

Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.

Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com.

If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

Rich sits down with Daniel Kong - a real estate investor flipping houses out in Hawaii. He was able to retire from his W2  after just 3 years using the BRRRR strategy. By acquiring rentals with no money out of pocket, he was able to replace his salary as a software engineer with passive income. Now he is a full-time investor - Flipping, running AirBnBs, and buying commercial properties in the Midwest. 

Rich and Daniel discuss the next Beers & Deals real estate meetup host by Somers Capital, their favorite experiences on the Hawaii islands, fix-and-flipping, using the BRRRR strategy on the retail and office spaces, and how to breakdown the cost per space for commercial real estate.

They also reflect on what lending looks like for these types of properties, where and when to buy commercial buildings, investing in passion projects with close friends, cap rates and regulations in the current market, Airbnb restrictions and house flipping in Hawaii, the pros and cons of buying short term rentals in blue states, boutique hotels, and how the current lending environment is affecting commercial properties. 

Lastly, Rich and Daniel talk about the biggest risks in buying commercial properties, competing with Amazon, purchasing recession-proof assets and where Daniel sees the most potential in the next few years.

Connect with Daniel on Instagram: @danielkong808

Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.

Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com.

If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

Rich sits down with Michael Sartain - Performance Coach, Air Force Navigator and Instructor, and Host. In 2019, Michael created Men of Action, a program that dedicates its time to teaching men how to increase their status, build an abundant lifestyle, find elite friends, and attend VIP events in under 25 days. Men of Action has had 400+ success stories. Michael is also the host of the Michael Sartain Show podcast.

Rich and Michael discuss meeting Miss Nevada - Lisa Song Sutton, how Michael’s nightclub promoter experience developed early on, traditional VIP experiences at night clubs, evolutionary psychology, how money is an allegory for survival and competency, new age feminism, and what women look for in viable partners.

They also reflect on what the Men of Action course teaches, what men look for in viable partners, who should pick up the bill on a date, how money creates the reality that you want, and how to introduce yourself to others at bars.

Lastly, Rich and Michael talk about “dad bods” and comfort cues, the two attractive attributes that a majority of women like in men, 3 recommendations for men to become more attractive, and how fame relates to the dating lifestyle. 

Connect with Michael on Instagram: @michaelsartain

Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.

Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com.

If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

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!

Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.

Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com.

If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

Rich sits down with Robert Martinez - Founding Principal and CEO of Rockstar Capital. Robert has directed the growth of Rockstar Capital to 21 apartment communities, a total of 4,800 rental units across the state of Texas. Since 2011, he has directed the underwriting, acquisition, and management of 30 apartment communities consisting of more than 5,243 rental units. In 2023, third party company, MF1, filed to foreclose on a Rockstar Houston property, defaulting on a $51 million multi-family loan.

Rich and Robert discuss the fallout of the current high interest rate environment, the foreclosure on Rockstar’s $51 million loan, rate caps in Texas, potential ways to save deals from falling under, and all of the risks of using third party management companies for a property.
 
They also reflect on the attractive nature of Airbnbs, updating investors when the rug is pulled out from a deal, in-house recruiters and transitioning teams to maximize turnover, setting standards for new employees, and putting a spotlight on weak KPIs. 

Lastly, Rich and Robert talk about all-things operations, rent growth, occupancy and supply in Texas, how Robert got his start in real estate, raising equity while working a full-time job, the 2008 Recession, Robert’s best deal he’s ever done, what it take’s to be successful, floating vs fixed rate debt, where Robert predicts interest rates will be by 2025, and what types of properties Rich is most excited about in the next 12 months.
 
 Connect with Robert on Instagram: @apartmentrockstar

Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.

Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com.

If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

Rich sits down with Kris Krohn - a Best Selling Author, Business Coach, Real Estate Investor, and Mentor. Kris is an expert wealth coach with 5,000 real estate deals, numerous businesses, and growing influence. 

Rich and Kris discuss Kris’s beginnings, his financial influences & first financial failure, Kris’s first real estate deal at 23, and his current asset portfolio. They also reflect on automation in business, Kris’s investments in real estate and private equity, and why Millennials and Gen Z want to create experiences. They dive into how Kris optimizes his health and time, delegating out tasks to the best experts, views on the public school system and “world” schooling - private education without a private school, and whether entrepreneurs should go to college.

Lastly, Rich and Kris talk about Kris’s recent trip with his family to the Galapagos island, the tax benefits of owning jets, how Kris’s "why" has transformed over the last 5 years, the motivation to redistribute wealth on their own terms, what a successful team looks like, batching social media content, and what’s next for Kris Krohn.

Connect with Kris on Instagram: @kriskrohn

Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.

Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com.

If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners. 

Rich and Alex discuss the benefits of starting a real estate networking event, if it’s worth it and how to get started. They also discuss how Somers Capital’s own meetup, Beers & Deals, began and how it’s evolved over the last 5 years.

If you have a question you'd like answered, please email [email protected]. Stay tuned every Saturday to see if it's featured!

Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.

Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com.

If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

Rich sits down with Gabe Kubanda - an alt-pop artist, singer/songwriter, co-creator of the Epic Proportions Tour, playing well over 750 shows on multiple continents, founder of the Non Profit “EduMusication” program promoting music education in schools, and Kubanda Properties, amassing vacation homes and rental cars in niche markets.

Rich and Gabe discuss the intricacies of hosting vehicles on Turo, a car sharing marketplace, how Gabe got his start in the music industry and created with a group of fellow bands, and just how profitable being a musician actually is. 

They also reflect on being on the road, record labels, the collaborative experience of songwriting, being a content creator, Airbnbs, COVID, and the differences between arbitraging and cohosting.
 
Lastly, Rich and Gabe talk about what a successful team looks like, the best automated services for rental properties, and what Gabe is looking forward to in the real estate space moving forward.
 
 Connect with Gabe on Instagram: @gabekubanda

Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.

Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com.

If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

Rich sits down with Nick Marietta - a Real Estate Investor, Luxury Builder, and Fix & Flip Expert. He’s got over $600,000,000 in Construction & Real Estate transactions. 
 
 Rich and Nick discuss Nick’s connection to the Coach and Best Selling Author, Wes Watson, how Nick got his start as a Luxury Fix-and-Flipper, the extent of his wholesale deals across the country, and where Nick sees the most success in the market right now.
 
 They also reflect on what it takes to flip a luxury home, “blue hair” modeling and staging homes, and Nick shares an anecdote about a recent car accident and how he’s overcome the challenges of it’s impact.
 
 Lastly, Rich and Nick talk about health & wellness and how it pertains to self development and inner peace, Rich reveals a trip that he’ll be taking soon to visit Kris Krohn and Robert Martinez, the benefits of masterclasses and education programs, and Nick quizzes Rich about his own portfolio and real estate journey.
 
 Connect with Nick on Instagram: @therealnickmarietta

Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.

Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com.

If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

On today's "Saturday Edition" episode, Rich answers top questions of the week that are sent in by our listeners. 

Rich, Alex, and Jennifer discuss the biggest opportunities in the boutique hotel investing space right now, relaunching boutique hotels after closing, and the experience required in order to buy boutique hotels.

If you have a question you'd like answered, please email [email protected]. Stay tuned every Saturday to see if it's featured!

Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.

Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com.

If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.