For most Liberty Lake landlords, finding and keeping a quality tenant can be hard. To establish good relations with your tenants, a simple gesture would be to give them an appreciation gift. Keeping your tenants happy might take some effort but happy tenants are more likely to take care of your rental property, pay rent on time, and stay longer in your rental home. 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. The usual housewarming gifts tend to also be the best tenant gifts as they are pleasing to almost everyone. Even a box of gourmet cookies or a bottle of wine can build rapport with your tenants. Your tenants would also likely appreciate a small houseplant, a thank-you card, or an elegant set of monogrammed coasters.
If traditional housewarming gifts are not your style, you can give your tenants other gifts. A lot of tenants would really appreciate a free property upgrade instead of a gift. 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 smart thermostat will not just benefit your tenant but will also increase the value of your property. 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 town, you can host a fun event for them, like a free movie night or gathering so your tenants can also meet and enjoy each other’s company. Another gift idea is a helpful service like a water or furnace filter delivery. If financially viable, you could also give them a break on upcoming rent increases, perhaps delay their increase for a few months. A polite card indicating your intentions of gifting them with lower rent for a few more months will be a pleasant surprise.
If you can’t decide on anything, you could just send your tenants a holiday card. This basic courtesy could be an effective way of building goodwill. However, make sure you mind your tenants’ religions and cultures. Since not everybody celebrates Christmas, a “Happy Holidays” card would be your best option. This way, you show your tenants that you respect them as you send your wishes.
The important thing is that what you get your renters for the holidays should be thoughtful and appropriate. Give time and effort in choosing the right gift as these efforts will definitely pay off. If you live a distance from your rental properties, it might be a good idea to hire a professional Liberty Lake property manager to do it for you. At Real Property Management Spokane County, we actively cultivate good tenant relationships in many different ways. Would you like to learn more? Give us a call at 509-462-1042 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.
