In Part 2 of this interview,  Kenny & Krystle Simpson share their experience on starting a property management company,  the challenges that come with it, interest rates, their 2023 forecast, and where they see opportunity over the next 12-18 months. Connect with Kenny & Krystle on Instagram: @kennybsimpson + @krystlersimpson / Email: [email protected] + [email protected] 

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 episode, Rich is joined by two of the best in the industry - Kenny & Krystle Simpson of The Simpson Team & Pacific Shore Capital. They share their insight on what’s going on in today’s economy, the federal reserves, interest rates, and discuss what’s happening in the market. They dive into the pros and cons of real estate investing in California compared to other areas, and where they see opportunity in 2023. Connect with Kenny & Krystle on Instagram: @kennybsimpson + @krystlersimpson / Email: [email protected] + [email protected] 

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 this week’s episode, Rich sits down for an interview with hosts Mike Sjogren and Emanuele Pani on their Short Term Rental Secrets podcast. They discuss what Rich has been up to lately, and why he decided to invest in his business and build out the Somers Capital Team. They also dive into his progression from luxury STRs to boutique hotels over the last 12 months. “Anything in business, relationships, or life, is a yes or no. The maybes are the ones that suck time out of your life.”

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.

In this episode, Rich talks about his experience buying a 32 unit apartment building in Indiana, his value-add strategy, repositioning the property, and the business plan. He describes forcing the equity & appreciation, then exiting and selling the property 2 years later for three times what it was purchased for. Rich shares a lot of useful information in this episode, including his experience 1031 exchanging out of that deal into more real estate.

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.

In today’s bonus episode, Rich talks about why good things happen when you're intentional about how you spend your time. He shares a couple personal dating stories that started out not so great, but ended up turning around and leading to some other good opportunities. 

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.

In this episode, Rich talks about why you should never listen to your parents, he opens up about his personal experience with his own parents, and a few caveats to this rule. He shares about his decision to cash out his 401k to buy his first deal, leaving his job as an air traffic controller to get started in real estate investing, and who he decided to listen to & who he did not during that process. “Success is not a straight line, and we fail our way to success.”

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.

In today’s episode, Rich discusses his experience buying his first boutique hotel, the reasoning behind his pivot from multifamily, and why he sees an opportunity moving forward with boutique hotels. He also shares a story about how he found out an onsite manager had been stealing from the owner for years.  

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.

In today’s episode, Rich talks about his experience buying a luxury Airbnb in Scottsdale in the height of the real estate market. He discusses the full renovation, getting it back up and running, hosting celebrity guests, and a small hiccup he had with the appraisal process.

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.

In today’s episode, Rich is joined by 10-year NFL Veteran & Super Bowl Champion, Cliff Avril. They dive into Cliff’s background and what it was like for him growing up in Jacksonville with his Haitian roots. Cliff talks about his time playing at Purdue, his years in the NFL, and he shares his experience of winning Super Bowl XLVIII with the Seattle Seahawks. 

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.

In this episode, Rich discusses why partnerships break up - the good, the bad, and the ugly. He talks about the recent break up with his two partners and the lessons he’s learned from that experience. Rich dives into the first few deals they did together, and shares what worked & didn’t work.    

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.