Real Estate Benefits for Active-Duty Military: Managing Property from Afar

Active-duty military personnel face unique challenges when it comes to managing their real
estate investments. Frequent relocations and deployments can make it challenging to oversee
properties, but with the right strategies and resources, military members can successfully
manage their real estate holdings from afar. In this blog, we’ll explore the real estate benefits
available to active-duty military and provide valuable tips on effectively managing properties
while serving the nation.

The Real Estate Advantage for Active-Duty Military
Investing in real estate can offer numerous benefits for active-duty military personnel:
1. Income Stream: Owning rental properties can provide a steady income stream, helping
to secure financial stability for military families.
2. Appreciation: Real estate investments often appreciate over time, potentially yielding
significant returns when it comes time to sell.
3. Tax Advantages: Real estate investments come with tax benefits, including deductions
for mortgage interest, property taxes, and depreciation.
4. Housing Benefits: Some military housing allowances can be used to cover the costs
associated with real estate investments.

Tips for Managing Real Estate Investments from Afar
1. Hire a Property Manager: Consider hiring a professional property management
company to handle day-to-day tasks, such as tenant screening, rent collection, and
property maintenance. This can alleviate the burden of managing properties from a
distance.

2. Leverage Technology: Embrace technology tools to manage your real estate portfolio
remotely. Use property management software to track income and expenses, and install
security systems with remote monitoring capabilities.
3. Create a Support Network: Establish a reliable network of local contacts, including real
estate agents, contractors, and property managers, who can assist you when needed.
4. Power of Attorney: Grant a trusted individual, such as a family member or attorney,
power of attorney to act on your behalf for property-related matters.
5. Automate Finances: Set up automatic payments for mortgages, insurance, and property
taxes to ensure that bills are paid on time, even when you're deployed.
6. Regular Inspections: Schedule periodic inspections of your properties to ensure they are
well-maintained and address any issues promptly.
7. Communication: Maintain open communication with tenants and property
management professionals to stay informed about property conditions and address
tenant concerns.

Utilizing Military Resources
The military offers various resources to assist active-duty personnel in managing real estate
from afar:
1. Financial Counseling: Take advantage of financial counseling services offered by the
military to make informed decisions about real estate investments.
2. Legal Assistance: Seek legal guidance from military legal offices when dealing with
property-related matters or contracts.
3. Deployment Assistance: Utilize the Deployment Readiness Program, which offers
resources and support to military families during deployments.

Conclusion
Investing in real estate can be a lucrative and financially rewarding endeavor for active-duty
military personnel. By leveraging the right resources, technology, and professional assistance,
managing properties from afar is not only possible but also a viable way to secure financial
stability for your family. With careful planning and the support of trusted experts, active-duty
military members can successfully navigate the world of real estate investments while serving
their country.