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.

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.

💼 How Kevin Is Buying and Developing Real Estate While Running a Full-Time Business

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.

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.

🏨 Luxury Boutique Resort Development as Lifestyle Investing

This episode focuses on high-end boutique hotel and resort development — not flipping or short-term speculation.

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.

That experience led to his current focus:

Smaller, ultra-high-end luxury resorts
Remote or wilderness-adjacent locations
Long-term ownership horizons
Projects investors would actually want to visit

For Kevin, real estate must offer intrinsic value beyond projected returns.

📊 How These Developments Are Structured and Timed

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.

Key details:
• Mostly self-funded deals
• 5+ year development timelines
• High-20% to low-30% IRR targets
• 10–15 year exit horizons

Kevin emphasized that deals must justify the time, complexity, and risk involved.

🎯 Rules of Thumb for Balancing Business and Life

• Integrate business and life
• Invest in what you truly believe in
• Plan for challenges and downside risk
• Avoid speculation and think long-term
• Use patience as a competitive advantage

🧭 Coaching Advice for Active and Passive Investors

New Investors: Understand your personal risk tolerance.
Busy Professionals: Align investments with your lifestyle.
Limited Time or Capital: Stay curious and keep learning.
Passive Investing: Real estate is tangible — you still own something real.

🚀 Final Takeaway for High-Income Earners

Real estate isn’t about moving fast.
It’s about patience, alignment, and ownership.