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All Forum Posts by: Kierna Mason

Kierna Mason has started 5 posts and replied 16 times.

Post: College Student Who Wants to Help Grow Your Business!!

Kierna MasonPosted
  • Rental Property Investor
  • Durham, NC
  • Posts 17
  • Votes 13

The best way to grow your business while working smarter not harder is to outsource the things you don't want to do and to focus on what interests you. So why not outsource some of that busy work that comes with real estate to a college student??

Hello!

I am an investor in the East TN market. I have recently been accepted into a graduate program at Duke University and will be returning to school for a short period of time. While in school, I am looking to work with a real estate focused business to gain experience as well as help pay for school. If you have a business or need help with any of your real estate operations, I am your girl! I am a go-getter and have experience with being in the real estate world. Please contact me if interested, I would love to help your real estate business grow in anyway possible!

Post: What is the minimum cash flow per door per month you use?

Kierna MasonPosted
  • Rental Property Investor
  • Durham, NC
  • Posts 17
  • Votes 13

@Megan Kline

1) I based my cash flow amount off of my monthly financial freedom goal. I have a goal to be financially free in 7 years and I use the stack method to acquire properties, meaning year 1 = 1 house, year 2 = 2 houses, year 3 = 4 houses, etc. With that being said I know how many properties I’d like to have by year 7 and I determine how much each property would have to cash flow in order to reach my financial freedom goal.

In short, determine what your long term financial goal is and then you know how you have to cash flow in order to get there.

2) I definitely use property management because I personally want to spend my time doing non real estate related things so I outsource a lot. If a property doesn’t cash flow like I want with the property management included, I pass on it.

Post: I dropped out of college last week.

Kierna MasonPosted
  • Rental Property Investor
  • Durham, NC
  • Posts 17
  • Votes 13

@Michael Warinner given your current situation, I would say the best way to be productive is to start going to REI meet-ups so you can know others around you to partner with. Since you are new to this, it's important to really get a good team together. Partnering doesn't always mean someone providing capital, but it can also mean finding a realtor or contractor or even an attorney. Start networking and get your team so when you're ready to make your first move on a property, everything falls into place. Secondly, I would encourage you to really find out what you're awesome at when it comes to real estate and perfect it. Are you a numbers guy? Are you a sales person? Are you handy and good at construction? Find your niche, that way you have something you can use to sell people on when you're looking to partner. I.e. you may not have much capital, but you are great at finding deals. So if you find a person with money (and there is always someone with money) you can sell them on the fact that you can find the deals and flip the money quickly. So all the money person has to do is sit back and wait for a check in a few months with little to no work on their part. Your decision to leave school is on you, use this time to network, be a sponge, and find your niche. Best of luck !

Also, I’m a youngin’ in this too whose had to think creatively to be successful, reach out anytime if you want some advice !

Post: Partner Needed for SFR in Johnson City. Short Term, good return!!

Kierna MasonPosted
  • Rental Property Investor
  • Durham, NC
  • Posts 17
  • Votes 13

Cash partner needed to aquire SFR move in ready property. 2 br/1 bath with potential of $450+ monthly cash flow. Cash needed to buy property. Money+interest guaranteed back in 6 months or less. Contact if interested!!

Post: PARTNER WANTED: FOURPLEX in Brentwood, TN (Nashville Suburb)

Kierna MasonPosted
  • Rental Property Investor
  • Durham, NC
  • Posts 17
  • Votes 13
@Robert Fehl hi Robert, unfortunately the property is under contract with another individual so sorry !

Post: PARTNER WANTED: FOURPLEX in Brentwood, TN (Nashville Suburb)

Kierna MasonPosted
  • Rental Property Investor
  • Durham, NC
  • Posts 17
  • Votes 13
@Deena Kalai the property just went inder contract with another individual so sorry !

Post: PARTNER WANTED: FOURPLEX in Brentwood, TN (Nashville Suburb)

Kierna MasonPosted
  • Rental Property Investor
  • Durham, NC
  • Posts 17
  • Votes 13
@Shiv Jey unfortunately the property is now under contract with another individual. So sorry !

Post: PARTNER WANTED: FOURPLEX in Brentwood, TN (Nashville Suburb)

Kierna MasonPosted
  • Rental Property Investor
  • Durham, NC
  • Posts 17
  • Votes 13
@Shiv Jey yes. Please let me know when received.

Post: PARTNER WANTED: FOURPLEX in Brentwood, TN (Nashville Suburb)

Kierna MasonPosted
  • Rental Property Investor
  • Durham, NC
  • Posts 17
  • Votes 13
@Shiv Jey will do!

Post: PARTNER WANTED: FOURPLEX in Brentwood, TN (Nashville Suburb)

Kierna MasonPosted
  • Rental Property Investor
  • Durham, NC
  • Posts 17
  • Votes 13

Hello,

I am looking for a partner/partners interested in purchasing a fourplex in a very nice suburb outside of Nashville,TN called Brentwood. Property currently has 4 tenants, with the latest lease renewal date being September 2019. Gross monthly income currently $3,225 and potential for $500+ cash flow. Property management and realtor already in place, only needed a partner to assist with the purchase. Contact me for details and if interested!