Not Your Average Financial Podcast™

Episode 166: Sean Morrissey is Landlording for Life


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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.

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