How I Structure Private Development Partnerships (High-Level)
A lot of people in this community ask questions about investing, partnerships, and how real estate development actually works behind the scenes. I want to clarify something at a high level, purely for education.
In my projects, I operate as the developer and operating partner. That means I’m responsible for:
  • Finding and underwriting opportunities
  • Structuring the deal
  • Managing entitlements and approvals
  • Overseeing construction and execution
  • Managing the overall strategy and exit
Private partners, when involved, typically participate on the equity side. This is very different from what most people see online around “passive income” or quick-turn investing.
Real development partnerships require:
  • Long-term thinking
  • Comfort with timelines and execution risk
  • Clear roles and expectations
  • Alignment before any deal exists
Because of that, I don’t raise money publicly, I don’t pitch deals online, and I’m very selective about who I work with. Not because of exclusivity—but because alignment matters more than capital.
I’m not discussing any active projects here, and this is not an offer or solicitation. This is simply meant to explain how these partnerships are typically structured and what mindset is required on both sides.
For those who want to understand the process in more detail—before any deal is ever discussed—I’ve put together a short overview that explains my
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Kenneth Bell
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How I Structure Private Development Partnerships (High-Level)
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