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The Importance of Buying in a Good Location | Saturday Edition E165

The Importance of Buying in a Good Location | Saturday Edition E165

FromThe Rich Somers Report


The Importance of Buying in a Good Location | Saturday Edition E165

FromThe Rich Somers Report

ratings:
Length:
13 minutes
Released:
Mar 23, 2024
Format:
Podcast episode

Description

On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners. Rich and Alex start by talking about their plans for the weekend and daylight savings. They then analyze the importance of buying in high growth markets, Rich’s first multifamily deals, chasing cashflow, what the first deal should look like and the fundamentals to a good deal, where Rich sees potential in the market right now, the importance of appreciation, and Rich shares several tips on what to look for when buying a property.If you have a question you'd like answered, please email info@somerscapital.com. Stay tuned every Saturday to see if it's featured!--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
Released:
Mar 23, 2024
Format:
Podcast episode

Titles in the series (100)

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 $50M. 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