The Deed: Chicago Season 1 Episode 4 Playing Defense on the Deal
- TVPG
- April 19, 2017
- 43 min
The Deed: Chicago is a reality TV show that follows seasoned developer and entrepreneur, Sean Conlon, as he helps struggling property investors turn their dreams of success into reality. In season 1, episode 4 - "Playing Defense on the Deal", Sean meets with first-time investors Prashant and Sharmila, who have purchased a condo conversion in the heart of a booming Chicago neighborhood. The couple is struggling to complete the property's renovations and secure the necessary funding to get the project off the ground.
As Sean arrives at the property, he is immediately struck by the amount of work that still needs to be done. The building has been gutted down to the studs, and the couple has been unable to secure any additional financing to complete the project. Sean gets to work assessing the property's potential and determines that it will need at least another $100,000 to complete the renovations and get the project on the market.
What follows is a series of tense negotiations as Sean tries to help the couple secure the necessary funding to complete their project. He reaches out to his network of lenders and investors and arranges meetings that will hopefully get the couple the financing they need. Sean also sits down with Prashant and Sharmila to hammer out a detailed budget and timeline that will help them stay on track and get the property to market.
As the episode unfolds, Sean faces a number of obstacles that threaten to derail the project and put the couple's investment at risk. He has to navigate a series of competing demands from contractors, lenders, and other investors, all while trying to keep the couple's dream alive. Along the way, he offers valuable insights and advice to the couple, sharing his own experiences in the industry and offering tips on how to stay ahead of the competition.
Throughout the episode, viewers get an inside look at the often complicated and high-pressure world of real estate investing. They see how Sean's experience and expertise in the industry can make all the difference when it comes to navigating complex negotiations and overcoming setbacks. Ultimately, the episode shows how Sean's willingness to go to bat for his clients and think creatively about financing and other issues can help investors succeed even in challenging market conditions.
As the episode draws to a close, viewers are left on the edge of their seats, wondering whether Prashant and Sharmila will be able to secure the financing they need and get their project to market. Along the way, they learn about the ups and downs of the real estate industry and gain valuable insights into what it takes to succeed in this field. Whether you're a seasoned investor or just curious about the world of real estate, "Playing Defense on the Deal" is a compelling episode of The Deed: Chicago that you won't want to miss.