Real estate investor and entrepreneur Rich Somers holds an impressive portfolio of apartment buildings, boutique hotels, and short-term rentals valued in excess of $50 Million. By buying his first apartment by cashing out his 401K, Somers knew to be successful, he had to take risks. Today, Rich is the CEO and founder of two real estate businesses: Somers Capital and FortuneCribs. Somers Capital is a vertically integrated boutique hotel investment firm comprised of industry-leading executives. With an in-house property management company (FortuneCribs) and a direct booking platform, our firm is able to perform at levels superior to competitors. FortuneCribs is a technology & data-driven real estate investment & management firm. Our national portfolio specializes in top-tier, turnkey short-term rentals. FortuneCribs operates in Arizona, California, Florida, Indiana & Tennessee and is actively expanding across the U.S.

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Ep 131 - From Cohost to (Multiple) Hotel Owner with Rich Somers

Short Term Rental Secrets Podcast