Updated over 6 years ago on . Most recent reply
Partnering With Established Developers
Looking for ideas for partnering with existing developers. Bringing equity/funding is an obvious one, but what about becoming an active participant in the company? If they want to expand, they may want additional members to work deals or even specific markets. There are likely other areas where a new team member can help an existing developer(s).
What can a person do to network with existing developers and offer value that could lead to a mutually beneficial relationship?
Most Popular Reply
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
- 4,416
- Votes |
- 4,756
- Posts
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
@William Coet unless you are bringing significant capital or a great deal that you control a partnership arrangement in exchange for sweat equity is highly unlikely.
Developers hire talent and team members and typically will only partner with land owners or other developers and operators that are at levels above themselves to fill in the gaps and or expand into other markets.
If you have the right education and or experience you could seek a position with a development company and work your way up.
The only other way to break into the business is to start with some of your own smaller deals and scale up. If you can find an opportunity and raise the capital you can hire a mentor or fee developer/consultant to teach you as you go.