How to Rent Your Home, Apartment, or Condo to Someone in The Military
One of the difficult things about managing property and renting out your home or condo is finding quality tenants that you know will pay on time. If you own or manage property near a military installation, than you know that military families are constantly looking for homes in the area. They are much more likely to pay the rent on time because they receive BAH (a housing allowance). This article will show you how to best market your home, condo,town home, or apartment to military families using the Military's own housing office.
Other People Are Reading
Instructions
-
-
1
Prepare your Single family homes, apartments, town homes, condos, mobile homes, etc for occupancy. Ensure that you are familiar with the housing allowance (BAH) that your target military tenant receives. These rates (by city or zip code) can be found at military.com among other sites. Ensure that you offer a Military clause in your lease. If you manage properties, consider advertising in the military base newspaper. Donate items to military charity auctions or golf tournaments to get the word out. Tell your property manager that you want to attract military renters.
-
2
Log on, or have your property manager log on to AHRN.com This site allows you, or your property management service, to add unlimited property listings to include:
-Complete details about each of your rental units, including 5 photos per each listing
-Web-based communication with potential military renters
-Maps to help direct potential renters to your properties
-Manage your own property information in real-time 24/7/365
-Get visibility to other listing data to help with strategic pricing and marketing decisions -
-
3
Continue to monitor your listings. This site is a direct link to the military's housing system. Other useful sites to market direct to the military include www.militarybyowner.com. If using a property management service, ensure that they are following these same procedures.
-
1
Tips & Warnings
Check in with the local base' s housing office to find out how else you can market through the military. Often you can leave brochures at the housing office.
Often military families need short term rentals while they wait for base housing waiting lists. Be flexible and offer short term leases.
Consider the use of a professional property manager. They will be able to assist in finding renters and will be able to handle routine and emergency calls from your renters. Expect to pay about 10% of your rental price to a property manager.
Resources
- Photo Credit epa.gov
