Why Kevin Kennon Builds Luxury Resorts Instead of Chasing Fast Returns 🎯🏨
JAN 19, 202634 MIN
Why Kevin Kennon Builds Luxury Resorts Instead of Chasing Fast Returns 🎯🏨
JAN 19, 202634 MIN
Description
<p>Many high-income professionals believe real estate success requires speed — fast deals and quick exits. In this episode, Kevin Kennon explains why his approach is different. While running a full-time architecture, development, and consulting business, Kevin focuses on long-term ownership, lifestyle alignment, and lasting value.</p><p>Instead of separating work, life, and investing, Kevin believes they should support each other. He builds real estate that still makes sense when timelines stretch — assets you’d want to live in, work in, or proudly share with your community. This conversation is ideal for professionals who want real estate to strengthen, not disrupt, their lives.</p><p>đź’ĽÂ <strong>How Kevin Is Buying and Developing Real Estate While Running a Full-Time Business</strong></p><p>Kevin’s career began in architecture in the late 1980s. Before investing, he already owned and operated his own firm in New York City. His first real estate deal was a syndicated development in Tribeca, where he was both investor and architect.</p><p>That project — the original American Express building in Tribeca — took years to stabilize and survived the 2008 financial crisis. This experience shaped Kevin’s long-term mindset: real estate rarely moves on your timeline, so choose assets you believe in even when plans change.</p><p>🏨 <strong>Luxury Boutique Resort Development as Lifestyle Investing</strong></p><p>This episode focuses on high-end boutique hotel and resort development — not flipping or short-term speculation.</p><p>Kevin shared a key consulting experience in Saudi Arabia, where he reviewed a proposal for a 500-room resort in a remote desert location. After feasibility studies, he advised against building at that scale.</p><p>That experience led to his current focus:</p><p>Smaller, ultra-high-end luxury resorts<br> Remote or wilderness-adjacent locations<br> Long-term ownership horizons<br> Projects investors would actually want to visit</p><p>For Kevin, real estate must offer intrinsic value beyond projected returns.</p><p>📊 <strong>How These Developments Are Structured and Timed</strong></p><p>Developments are structured through a holding company, with each resort placed in its own LLC. Holding company investors receive rights of first refusal on future projects.</p><p>Key details:<br> • Mostly self-funded deals<br> • 5+ year development timelines<br> • High-20% to low-30% IRR targets<br> • 10–15 year exit horizons</p><p>Kevin emphasized that deals must justify the time, complexity, and risk involved.</p><p>🎯 <strong>Rules of Thumb for Balancing Business and Life</strong></p><p>• Integrate business and life<br> • Invest in what you truly believe in<br> • Plan for challenges and downside risk<br> • Avoid speculation and think long-term<br> • Use patience as a competitive advantage</p><p>đź§Â <strong>Coaching Advice for Active and Passive Investors</strong></p><p><strong>New Investors:</strong> Understand your personal risk tolerance.<br><strong>Busy Professionals:</strong> Align investments with your lifestyle.<br><strong>Limited Time or Capital:</strong> Stay curious and keep learning.<br><strong>Passive Investing:</strong> Real estate is tangible — you still own something real.</p><p>🚀 <strong>Final Takeaway for High-Income Earners</strong></p><p>Real estate isn’t about moving fast.<br> It’s about patience, alignment, and ownership.</p><p>Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/<br>Website: ericlindseydiversify.com<br>Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation<br>Click On The Link Below For More Information About Eric Lindsey:<br>https://linktr.ee/ericlindsey</p>