Realty411 Magazine Featuring Lee Arnold from Cogo Capital | Page 93
TERICA KINDRED:
This Girl is ON FIRE!
By Karen A. Walker
F
or Terica Kindred it’s not
about real estate. It’s not
even about money. For
her, it’s all about
freedom. Real freedom — the kind
you can own…. and share.
Girl On Fire
She bought her first property, a
fourplex, at age 20. By age 23,
Terica Kindred owned 10 rental
properties. By 24 she was a
millionaire.
But it wasn’t smooth sailing from
there.
At age 30, Terica lost 1.2 million,
thanks to what she pithily refers to
as “big drama.” Misplaced trust in a
construction manager whom she
realized, too late, was over his head
in his responsibilities, triggered a
serious loss of her own funds.
Yes, that was devastating.
But, ultimately, no worries. She’s
got this. Terica has a broad view of
living, and it includes ongoing
learning, serving, growing and
always improving.
For Terica, when you hit the wall,
it’s a learning opportunity. Dust off
your feet, learn from your mistakes,
head in a new direction, and move
on.
In a nutshell, Terica and Nike
share the same motto: JUST DO IT.
Start
Born and raised in south central
Los Angeles, Terica earned a
computer science degree from the
University of California, Irvine.
Entrepreneurial to the core, while
in college she and more than 20
student colleagues developed an
early computer game for mobile
phones. They were going
gangbusters, things were starting to
take off and eventually the project
needed Venture Capital (VC) funds
to grow. It was an exhilarating
journey… and then, suddenly, it
died. VC funders at the time just
couldn’t imagine anyone playing
games on their mobile phones. Yes,
really!
The shortsightedness of deep
pocket investors was a significant
learning moment for Terica. Lack of
funding was a limitation.
Depending on someone else for
funding could destabilize the
trajectory of a project, or even of a
life, her life.
No Limits
Terica wanted no part of funding
limitations in the future, so when
the opportunity to work for Deloitte
in Orange County, California, opened
up, she took it. It was a good
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