The Rich Somers Report
Join host Rich Somers, as he interviews top real estate investors, entrepreneurs, and athletes from all over the world to discuss all things real estate, business, and wealth related. His first guests include Tarek El Moussa - real estate investor & TV personality, and Cliff Avril - former Seattle Seahawks player & Super Bowl XLVIII Champion. Rich is an active real estate investor and entrepreneur holding a portfolio of apartment buildings, boutique hotels, and short-term rentals valued in excess of $80M. He was an air traffic controller for the government for 11 years, and cashed out his 401k to get his start in real estate investing. Connect with Rich on Instagram: @rich_somers
The Rich Somers Report
Why Boutique Hotels are the Next Big Thing | Brad Lea’s Dropping Bombs Interview w/ Rich (Dec 2022) E28
In today’s episode, Rich sits down for an interview with Brad Lea on his Dropping Bombs podcast. They talk about how Rich got his start in real estate investing, from his 11-year career as an air traffic controller to cashing out his 401k to buy his first deal. They dive into the business model & focus of Somers Capital – buying Boutique Hotels that are tired but well-located, fully renovating, re-branding & re-launching these properties, then managing the hotel with their in-house team. Brad & Rich discuss raising capital, structuring deals with accredited vs. non-accredited investors, and possibly even doing a deal together in the near future. // Connect with Brad on Instagram: @therealbradlea
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