All Forum Posts by: Koddie Schumaker

I work for a property mgmt company that manages 1500+ doors. We broker deals and are also a supplier of cabinets and flooring. We have recently started a sales office and I would like to network with other investors and leverage each other's experience and resources to provide more quality housing in Mid-Missouri. If anyone is interested feel free to reach out. Thanks!

Anyone experience making your tenants pay their annual rent upfront? Would it be feasible to partner with a lender that can offer them a 12-month lease/loan? We have about $250k in delinquent accounts and need to find a better way forward. Our thought was if we structured it to be the same monthly payment, accounting for interest rates, then a tenant could build their credit and all the delinquency work would go to the lender. What are some positives and negatives of this model?