On CNBC’s “The Deed: Chicago,” multi-millionaire real estate mogul Sean Conlon comes to the aid of struggling property investors in dire need of help. Conlon uses his own cash and years of experience to rescue inexperienced developers whose flips are falling apart and who are on the verge of losing everything. The series follows Conlon in Chicago as he throws these distressed flippers a lifeline in exchange for a piece of the property and a percentage of the profits. Once a deal is struck, he will stop at nothing to pull these money pits out of the red. Flipping is never as easy as it seems but with the right partner, these deals can get back on track.
In the series premiere episode, “Fires on Every Floor,” Sean Conlon partners with Berta, a real estate broker who started flipping condos on the side. She invested all her savings into her latest project, a large 1912 two-unit row house. But unreliable partners and her own negligence led to little progress after nine months. Now, Berta is left to right the mistakes her partners made while trying to dig herself out of financial ruin. Will Sean be able to help this sinking ship, or will Berta prove to be too inexperienced to stand at the helm?