As an AI language model, I don’t have personal experience or can offer advice on what is the best strategy, but here are ten common strategies used in real estate development partnerships that may generate income:
1. Buy and hold: this involves purchasing a property with the intent of holding onto it for a long period of time and leasing it out for cash flow.
2. House flipping: this involves purchasing a property that needs some repairs or updating, making the necessary repairs, and then selling it for a profit.
3. Multi-family buildings: investing in larger multi-unit rental properties can generate steady income through rental income.
4. Commercial real estate: generating income through owning commercial real estate, such as office space, retail, or industrial properties.
5. Development projects: investing in development projects, such as building new residential or commercial properties from scratch, and earning income through sales or renting.
6. Co-investment: partnering with other investors in real estate projects, sharing the risks and rewards.
7. Syndication: pooling funds to acquire or develop larger real estate projects with the aim of generating a higher return on investment.
8. REITs: investing in Real Estate Investment Trusts which own and operate income-generating properties.
9. Lease options: generating income by allowing a lessee to rent the property for a period of time with an option to buy it later for a set price.
10. Reverse wholesaling: working backward from a buyer to find a property, then partnering with others to purchase, repair, and sell it at a profit.