Episode 166: Sean Morrissey is Landlording for Life
In this episode, we ask: When was your moment? Who is Sean Morrissey? Have you heard the podcast Landlording for Life? Who is Sean leading? What about buy and hold real estate? What is leading with lifestyle? What does financial freedom mean for Sean?
Not Your Average Financial Podcast™
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Show Notes
In this episode, we ask:
- When was your moment?
- Who is Sean Morrissey?
- Have you heard the podcast Landlording for Life?
- Who is Sean leading?
- What about buy and hold real estate?
- What is leading with lifestyle?
- What does financial freedom mean for Sean?
- What happened when banks lowered the line of credit?
- What happened for four years?
- What did Sean learn?
- What does Sean do and what does liquidity do for Sean’s business?
- How did Sean get started?
- What is the value of liquidity?
- What are the challenges for landlords right now?
- What does the average guy or gal not realize about the need we have for access to capital?
- Is it easy to buy?
- What’s the weird position?
- Are you liquid enough?
- What about roughly 3% of capital expenditures and reserves?
- What about roughly 5% for vacancy?
- What about roughly 3% for a liquidity factor?
- What about the “what if” game?
- What about Mark’s meeting with Sean?
- What surprised Sean?
- What did Sean find?
- Have you heard Episode 159 and Episode 160?
- What did Sean learn?
- What about universal life policies?
- Are all mutual insurance companies good for Bank on Yourself® type policies?
- Why does the contract matter on a life insurance policy?
- What is a direct recognition loan provision?
- What about non direct recognition company?
- What’s an eye opener?
- What are Sean’s hopes?
- How does Sean plan to use his policies in sync with real estate?
- What does Sean see, looking back?
- How does Sean think big enough now?
- Where do you want to be in 10 to 20 years?
- When do we want our money most efficient?
- What’s the power of a whole life insurance policy (especially the older ones)?
- What about tax deductions and depreciation in real estate?
- What about long range thinking?
- What are the options down the road?
- What’s the problem of real estate without whole life?
- Would you like to work with Sean?
- What is happening with evictions in Illinois?
- What about liquidity?
- What about setting sights too small?
- How big can you think?
- What about opportunities?
- Want to work with us? We’re hiring. http://bit.ly/worklg
Sean Morrissey is a landlord and real estate broker, in the western suburbs of the Chicagoland area, who has built a $7M real estate portfolio and owns/manages Chicagoland Realty Group Partners LLC.
Having managed 200+ properties for landlords in the Chicagoland area, Sean has built property management systems to make “buy and hold” real estate sustainable and wealth-building.
Sean’s proudest achievement is being able to spend his days with his wife, two kids, dog and cat in what some may define a financial freedom lifestyle. Sean is the host of the real estate “buy and hold” real estate investor podcast called Landlording for Life.