Most Palmetto Bay landlords know that quality tenants are hard to find and sometimes, harder to keep. To build good relations with your tenants, sometimes all it takes is a small appreciation gift. You might think that keeping tenants happy takes a lot of effort but you should remember that happy tenants are more likely to take better care of your property, be timely in paying rent, and stay in your rental home for a long time. A simple holiday gift is a good way to let them know you appreciate them –and would like them to stay.
A great tenant gift is something that is useful for your renters as well as appropriate for their particular status. Most of the best tenant gifts are also housewarming gifts since everyone usually likes them. Some gourmet cookies and a bottle of wine could go a long way in building rapport with your tenants. Most tenants would also appreciate a small houseplant, a thank-you card, or some monogrammed coasters.
If you don’t feel like giving your tenants a traditional housewarming gift, there are many other options for you. Most tenants would welcome a free property upgrade as a gift. USB ports or basic smart devices are inexpensive upgrades that will make your rental property more comfortable for not only your current tenants but for future tenants as well. Even a video doorbell or smart thermostat will make your tenant happy and also increase the value of your property. It will be an investment that will pay off in a lot of different ways.
Other tenant gift ideas are less tangible but no less appreciated. If you have multiple tenants in the same locality, you could plan a fun event for them such as a free movie night or even just a simple gathering. You could also gift them a useful service like water or furnace filter delivery. If it is still financially viable for you, consider giving your tenants a rent break from upcoming increases, perhaps delaying their increase for one or two months. A polite card stating your gift of lower rent will be a great holiday surprise for them.
If nothing else, a holiday card would be appreciated by your tenants. This is not just good practice, but it could also be a gift to encourage goodwill. However, make sure you mind your tenants’ religions and cultures. Many people do not celebrate Christmas so your best bet would be to wish them “Happy Holidays” instead. You will be showing your tenants respect while wishing them well at the same time.
Whatever you give your renters, make sure it is thoughtful and appropriate. The time and effort you put into choosing the right gift will be worth it. If you are a landlord who lives far from your properties, you might want to consider hiring a professional Palmetto Bay property manager to do it for you. At Real Property Management Dade, we actively cultivate good tenant relationships in many different ways. Would you like to learn more? Give us a call at 305-501-1511 today!
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.