Being a military family means shifting base once every 3 years. This means that as a military family, you cannot stay in the dearest home that you like. Does that mean you have to sell it? No, not at all. This home is dear to you for many reasons. Why would you want to let go of it? You can still come back to it after you retire from the military. What to do with it until then? Rent it out, of course.
Military families going abroad should rent out their homes rather than sell them. Renting out is a good option as it helps you keep the home occupied while earning rent out of it. You can rent your house to a worthy tenant. Find the right tenant with the help of a military property management company. They will choose a tenant who will look after your home like their own.
Reasons Why Military Families Going Abroad Should Rent Out Their Homes
1. A home to come home to!
Whether they work for the NSA, DOD, or other government branches, military families often end up yearning to strike roots in one place. This is the place where they have built or bought a home in that favorite place. When they move from that station, they are unwilling to sell that home. as it has so many pleasant memories connected to it.
For such military families, renting out their home would be the best option. By renting out, they can hold on to their favorite home and still take care of it. They can leave their home in good hands while they are overseas and return to it on retirement. Get a good tenant to care for your home with the help of a good military home rentals company. They can make sure your home is in perfect condition until you return to it.
2. Make good use of your VA loan
The VA loan is a home financing loan guaranteed by the Department of Veteran affairs. Military members can avail of the VA loan to buy homes through private lenders at zero down payment.
Do not be one of the defense personnel who fails to make use of this VA loan. Rent out your first home and buy a second under VA. Use the rent to pay off the mortgage. Own 2 homes and maintain them while you are away by renting them out. Enlist a good military real estate company to help you rent your home and avail your VA loan as well.
3. Rent your home and keep it as a long-term investment
You have used up your savings to buy or build your home. Why sell it just because you are going to go overseas? Instead, rent it out with the help of a military home rentals company. Gain rental income while retaining your home as a long-term investment. Who knows, tomorrow its value may increase by thousands of dollars. Till then, earn your rent and keep the home occupied by a good tenant. Select the tenant with the help of an expert military real estate company. Watch your home turn into an asset.
4. Be a stress-free military landlord and earn a steady source of income
Most military personnel hesitate to let out their homes as they do not want to deal with tenants. According to them, being a military landlord means a lot of stress. But not when you have an able military property management company like Moon Ridge Property Management.
At Moon Ridge, we know how worried civilian contractors and government officials will be about their home while you are away on military duty. That is why we make sure we select a stress-free tenant for your home.
We can take over your property in a month, 2 weeks, or even a day, given the right circumstances.
Let us help make your big move just a little easier.