Most Round Rock landlords know that quality tenants are hard to find and sometimes, harder to keep. A well-thought-out appreciation gift is a good way to build strong relations with your tenants. 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 will let them know how much you appreciate them.
A great tenant gift is something that is useful for your renters as well as appropriate for their particular status. Simple housewarming gifts often make the best tenant gifts. Send your tenants a bottle of wine and some gourmet cookies and you could be on your way to building a strong rapport with them. A small houseplant, a thank-you card, or a set of monogrammed coasters would also be something your tenants would find useful.
If you do not want to give your tenants a traditional housewarming gift, there are a lot of other options. A gift of a free property upgrade is a very good option. An inexpensive upgrade that will make your rental property more comfortable, as well as be attractive to future tenants, would be to install USB ports or smart devices. A video doorbell or small thermostat added to your property are also useful alternatives that your tenant will surely appreciate having. This is an investment with multiple benefits.
Other tenant gift ideas are less tangible but no less appreciated. If you have multiple tenants in the same area, an event like a free movie night or gathering would be something your tenants would enjoy. Another useful alternative would be to gift them a helpful service such as water or furnace filter delivery. If financially viable, you could even delay their rent increase for a few months. This rent break on upcoming increases will be something they would really appreciate. A polite card stating your gift of lower rent will be a great holiday surprise for them.
At the very least, you should send your tenants a card for the holidays. This simple act can be an effective way to build goodwill. However, make sure you mind your tenants’ religions and cultures. They may not celebrate Christmas like most people, so your safest option would be to wish them “Happy Holidays” instead. This way, you show your tenants that you respect them as you send your wishes.
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 live a distance from your rental properties, it might be a good idea to hire a professional Round Rock property manager to do it for you. At Real Property Management Longhorn, we actively cultivate good tenant relationships in many different ways. Would you like to learn more? Give us a call at 512-580-3099 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.
