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The Rich Somers Report

The Rich Somers Report

Auteur(s): Rich Somers
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À propos de cet audio

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

© 2025 The Rich Somers Report
Finances personnelles Gestion et leadership Économie
Épisodes
  • How the Wealthy Pay $0 Taxes (Legally) : Tax-Free Wealth Strategies | Carter Cofield & George Acheampong E426
    Nov 20 2025

    Most people think taxes are unavoidable — but the wealthy know better. In this episode, Rich sits down with Carter Cofield and George Acheampong to break down the exact frameworks high-net-worth individuals use to legally shrink their tax bill to zero. No shady loopholes. No gray-area tricks. Just straight strategy backed by the tax code itself.

    You’ll learn why self-rentals are one of the most slept-on write-offs for business owners, how the buy-borrow-die model keeps billionaires from ever triggering taxable events, and how short-term rentals and boutique hotels can legally offset W-2 income — even if only one spouse qualifies as a real estate professional. The guys go deep on trusts, HSA stacking, hiring your kids, private jets, boats, film credits, and the Augusta Rule… with real numbers behind every move.

    This episode exposes how America’s tax system actually works — and how ordinary earners can start playing the same wealth game as the 1%. If you’ve ever wondered why some people seem to build wealth effortlessly while others stay capped, this conversation is the difference.

    Tap in. Your accountant is going to hate how much smarter you get after this one.

    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.

    Voir plus Voir moins
    1 h
  • How to Write Off Bitcoin — 100% Legally | Colin Yurcisin E425
    Nov 18 2025

    Most entrepreneurs are overpaying the IRS simply because they don’t know the game. In this episode, we break down one of the wildest — and completely legal — tax strategies available to business owners right now: using Bitcoin mining equipment to get 100% bonus depreciation while stacking the best-performing asset of the last 15 years.

    Rich sits down with Colin Yurcisin to expose how Bitcoin mining actually works, why power is the new gold rush, how AI and data-center scarcity are driving Bitcoin miners into insane profitability, and the exact mechanics that let business owners convert ordinary income into Bitcoin with full write-offs up front.

    You’ll hear how Colin went from a $500K tax bill to discovering this loophole, why Bitcoin’s scarcity model keeps sending it to new all-time highs, and the dark side of altcoins, NFTs, Celsius, BlockFi, and every other crypto trap people got wrecked on.

    If you’ve ever wondered how people legally wipe out massive tax bills while building generational wealth, this conversation is the blueprint. No fluff — just straight strategy, mindset, and real numbers.

    Tap in. This one will change the way you think about money forever.

    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.

    Voir plus Voir moins
    37 min
  • How to Buy Real Estate with $0 - Pace Morby's Exact Playbook | E424
    Nov 15 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 traditional bank loans.
    • The biggest mistakes new investors make when trying to scale.
    • How to leverage expired listings, motivated sellers, and seller financing to buy properties with little cash.
    • Why boutique hotels, RV parks, and mobile home parks are prime opportunities in the current real estate cycle.

    Pace shares the exact playbook he uses to acquire high-value assets, structure deals that minimize risk, and build long-term wealth. If you’re serious about real estate investing and want to learn how the top investors are closing deals in today’s market, this episode is packed with actionable insights.

    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.

    Voir plus Voir moins
    1 h et 11 min
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