How to Buy Your First Boutique Hotel | Tim Hubbard Guest Episode E300

What does it take to turn underperforming properties into multimillion-dollar boutique hotel investments? In this episode of The Rich Somers Report, Rich joins Tim Hubbard on the Short Term Rental Riches podcast to share the journey of building a thriving hotel business from scratch. From cashing out his 401K to owning an $80M portfolio, Rich dives deep into the strategies that helped him scale with precision and purpose. Rich breaks down: How boutique hotels differ from short-term rentals an...

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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