In Episode #22 of Life With Mikey, Mikey sits down with real estate expert Rich Somers to explore the future of the California housing market. Are we heading towards a major crash, or is the market more stable than anticipated?
What You'll Discover:
• Market Predictions: Mikey and Rich discuss whether the California housing market is set to crash or remain strong based on current supply and demand fundamentals.
• Renting vs. Owning: Uncover the surprising advantages of renting over buying in today’s real estate landscape and how it can be a strategic investment move.
• Investment Strategies: Learn why property appreciation may outweigh cashflow and how to build long-term wealth through smart real estate investments.
• Boutique Hotels & Seller Financing: Gain insights into Rich’s strategy for investing in boutique hotels, utilizing seller financing, and maximizing returns in a competitive market.
• Lifestyle & Networking: Discover how Rich balances luxury living with business opportunities, including his experience with yacht investments and personal branding.
