Sean Conlon Reflects on ‘The Deed: Chicago’ Season 2

by Jeremy Spirogis
Sean Conlon Reflects on ‘The Deed: Chicago’ Season 2

The Deed: Chicago Season 2 is about to wrap up. Host Sean Conlon shared with Showbiz Cheat Sheet his ideas on the season and what he hopes to see if the present comes again for a 3rd spherical. 

Showbiz Cheat Sheet: You talked about within the final interview there have been some “diabolical contractors” on this season. What are the indicators of contractor?

Sean Conlon | Rob Kim/Getty Images

Sean Conlon: An excellent contractor is like your mom. They
will all the time inform you what you don’t need to hear and what I imply by that’s
{that a} good contractor by no means over guarantees and all the time over delivers. They
handle your expectations and that’s the reason the most affordable bid is mostly by no means
one of the best bid.

I’m actually happy with this season. All investments labored out,
however extra importantly, it was a beautiful kaleidoscope of individuals pursuing their
goals and the peaks and valleys they skilled–similar to a snapshot of life
condensed right into a present.

CS: If there’s a season three of The Deed Chicago, what do you hope to see in that season?

Sean Conlon NBCUniversal Winter Press Tour |  Michael Tran/FilmMagicSean Conlon NBCUniversal Winter Press Tour |  Michael Tran/FilmMagic
Sean Conlon NBCUniversal Winter Press Tour | Michael Tran/FilmMagic

SC: I haven’t discussed it but, however I believe there
shall be some incredible tales to be instructed throughout this nation of individuals
rebuilding and reinventing themselves. I imagine COVID-19 may very well be seen as
probably the most final life reset button.

CS: What’s the worst actual property investing recommendation you
ever acquired? Did you comply with the recommendation? What was the result?

SC: The worst recommendation I ever acquired was “Plow full
steam forward and we are going to determine it out as we go,” for a $75 million lodge deal.
Who gave me that recommendation? Me.

CS: What recommendation would you give somebody who needs to be an actual property entrepreneur?

[embedded content]

SC: You higher have extremely thick pores and skin, as a result of
it’s a must to be very resilient. I’d additionally say belief after which confirm. Whatever
any individual tells you, it’s a must to have a component of belief since you’re going
to should work with folks. But you must double verify the info. Second,
assume it’s going to take twice as lengthy and price twice as a lot as you assume it
will. Third, don’t ever quit. Because the wonderful factor about residence flipping
and life is your world can change. So, irrespective of how dangerous a day you’re having,
go residence, mud off, and are available again. It’s the subsequent day once more.

Your first two flips, chances are you’ll break even, chances are you’ll lose a
little bit of cash. But in the event you contemplate them a lesson and a downpayment on
your schooling, it is among the few methods nonetheless in America regular folks can
get their foot on the ladder to creating a fortune in actual property.

CS: What recommendation would you give to actual property
traders in gentle of the coronavirus? How can actual property traders rigorously
navigate this disaster and nonetheless earn cash?

SC: This will ultimately go however hopefully change a
lot of us for the higher. Lots of people will panic, and the unlucky truth
of life is that it’ll current lots of alternative for people who find themselves
willingly sitting on their arms to allow them to be prepared.

CS: Anything so as to add?

SC: What a tremendous journey it has been. Thanks to
everybody who has tuned in and watched The Deed: Chicago. Follow me @realseanconlon on
Instagram and Twitter for my subsequent strikes.

The season two finale of The Deed: Chicago airs
Wednesday, April 8, at 10 p.m. EST on CNBC.

Read extra: ‘The
Deed: Chicago’: Sean Conlon’s Advice to Fearful Real Estate Investors

Follow Sheiresa @SheiresaNgo

Leave a Comment