When you're deployed, and your house is sitting empty, you may wonder whether it's possible to earn extra money renting out your home until you return. There are some factors to consider before you list your home for rent. As always, be sure to contact a military representative to ensure that you're allowed to lease out your home if your housing allowance is being used to pay for it. While most people are allowed, it's still a good idea to verify before advertising.
Figuring Out How Much to Charge in Rent
When you're about to ship out and have no idea how much to charge in rent, there may be a time when panic sets in. How can you advertise your home for rent when you're not even sure what it might be worth to a potential tenant? Fortunately, these tips will help you calculate costs.
Finding a Tenant from Afar
If you've already been deployed, finding a tenant is going to be tricky. Fortunately, you can follow these tips to get the vacancy filled without compromising on the quality of your tenant.
Staying Reachable to Tenants
Finally, be sure there's a way for tenants to reach you or a responsible party in case of an emergency. Leave emergency numbers with new tenants, and give them the most reliable contact information for you while you're deployed. Email addresses tend to be best.
If you're being deployed and want to keep a tenant in your house for the financial benefit, follow these tips to ensure that you find the right tenant at the right rent. Whether you're lining up a tenant before you're deployed or you're conducting the search from afar, filling your home with a paying tenant will help offset the costs of the home that you're not occupying while you're away.
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