Renting to military tenants can be a rewarding experience, offering reliable renters who often pay on time and stay longer than average tenants. However, it also comes with unique challenges that require understanding and preparation. This guide will walk you through the essentials of renting to military tenants and how to create a successful landlord-tenant relationship.
1.Understand the Needs of Military Tenants
Military families have specific requirements that differ from civilian renters. Recognizing these needs will help you tailor your rental property and lease agreement to attract and retain military tenants.
- Proximity to Base: Most military families prefer to live close to their assigned base for convenience.
- Family-Friendly Features: Many military tenants have families, so properties near good schools, parks, and child-friendly amenities are highly desirable.
- Flexibility in Lease Terms: Due to the nature of their service, military tenants often require short-term or flexible lease agreements.
- Pet Policies: Military families frequently have pets, so a pet-friendly property can make your rental more appealing.
2. Incorporate a Military Clause in Your Lease
A military clause allows tenants to break the lease without penalty if they receive Permanent Change of Station (PCS) orders, deployment, or other military-related moves. Including this clause is not only fair but often legally required under the Servicemembers Civil Relief Act (SCRA).
- Details to Include: Specify the documentation needed (e.g., PCS orders) and the required notice period (usually 30 days).
- Benefits for Landlords: It minimizes disputes and shows your commitment to supporting military families.
3. Market Your Property to Military Tenants
Reaching military tenants requires targeted marketing strategies. Use platforms and techniques tailored to this demographic:
- Military-Specific Platforms: List your property on websites like MilitaryByOwner.com. MustWants.com and AHRN.com.
- Highlight Relevant Features: Emphasize proximity to bases, family-friendly amenities, and any military-friendly policies.
- Leverage Social Media: Join local military community groups on Facebook or other platforms to share your rental listing.
- Partner with Housing Offices: Work with base housing offices to promote your property.
4. Screen Military Tenants Thoroughly
While military tenants are often reliable, proper screening is essential to minimize risks. Use tools like RentRisk to streamline the process.
- Verify Military Status: Request a copy of military orders or an active-duty ID.
- Check Financial Stability: Review credit scores and income to ensure tenants can afford the rent.
- Contact References: Speak with previous landlords to understand the tenant’s rental history.
- Follow Fair Housing Laws: Ensure your screening process complies with all legal requirements.
5. Offer Flexibility in Lease Terms
Military life is unpredictable, and offering flexible lease terms can make your property more appealing. Consider options like:
- Short-Term Leases: Provide month-to-month or six-month lease options.
- Early Termination Policies: Beyond the military clause, outline procedures for unexpected situations like deployment extensions.
- Move-In/Move-Out Flexibility: Accommodate military tenants’ tight schedules with flexible move-in or move-out dates.
6. Maintain the Property Proactively
Keeping your rental in top condition is critical to attracting and retaining tenants. Military families often expect a well-maintained home that’s move-in ready.
- Regular Inspections: Schedule annual or semi-annual property inspections to address maintenance issues proactively.
- Prompt Repairs: Respond quickly to repair requests to maintain tenant satisfaction.
- Upgrade Features: Consider upgrades like energy-efficient appliances or smart home devices to increase your property’s appeal.
7. Build Strong Communication Channels
Clear and consistent communication is essential for a positive landlord-tenant relationship.
- Be Accessible: Provide multiple contact methods, such as phone, email, or a property management platform like RentRisk.
- Use Technology: Utilize online portals for rent payments, maintenance requests, and updates.
- Be Empathetic: Understand the challenges military families face, such as deployments or long work hours.
8. Prepare for PCS Challenges
Permanent Change of Station orders can present challenges for landlords. Being prepared will help you navigate these situations smoothly.
- Have a Waitlist: Maintain a list of potential tenants to fill vacancies quickly.
- Work with Realtors: Partner with local real estate agents familiar with military relocations.
- Budget for Vacancies: Keep an emergency fund to cover mortgage payments during tenant transitions.
9. Understand Legal Protections for Military Tenants
Familiarize yourself with the Servicemembers Civil Relief Act (SCRA) and other applicable laws to ensure compliance.
- Lease Termination Protections: Military tenants have the right to terminate a lease early under certain circumstances.
- Eviction Protections: The SCRA provides safeguards against eviction for active-duty members under financial strain.
- State and Local Laws: Some states offer additional protections for military tenants; consult a real estate attorney if necessary.
10. Consider Hiring a Property Manager
Managing a rental property can be time-consuming, especially if you’re stationed far away or have other responsibilities. A property manager can:
- Handle Tenant Screening: Ensure thorough vetting of potential renters.
- Manage Maintenance Requests: Address repairs and upkeep efficiently.
- Ensure Legal Compliance: Stay updated on landlord-tenant laws and handle disputes professionally.
Final Thoughts
Renting to military tenants can be a mutually beneficial arrangement with the right approach. By understanding their unique needs, adhering to legal requirements, and using tools like RentRisk to simplify property management, you can create a positive experience for both parties. With preparation and flexibility, you’ll not only attract reliable tenants but also build a reputation as a landlord who supports the military community.
