You don't have to be psychic to know that the landlord vs. tenant relationship is the subject of many articles you can easily find online. The only thing is: most of them focus their attention on the unwanted, unloyal, or scamming tenants. So, where are all the good ones and why's nobody writing about them? How about doing something in advance for your tenants to make them feel just right? Well, we'll try to make it up to them by posting an article about affordable ways to show appreciation to your tenants. Good tenants are a blessing! Here are some tips and tricks on how to keep them!
A Welcome Gift
Before your tenant/landlord relationship kicks off big time, it's good you show some appreciation in advance. There isn't a better way to do this than by leaving a little welcome present on the kitchen counter or sofa. It's up to you to figure out what kind of present it will be. Try to look for something affordable, yet don't be cheap. It's always like that, right? Let's say that a gift card from your local hardware or home appliance shop is something most tenants will find appealing. Also, make sure to include a welcome note with the gift. You can make this into a tradition. For example, you can do this again once your tenants renew their one-year contract.
Update the place
Let's say you've noticed that the old washing machine is slowly dying. It can still be of some use, but you can clearly see its days are numbered. Don't wait for your new tenants to call you when they have issues with washing their clothes. Replace the old lady before they move in! You should also renovate the place if needed. If you're nice enough to leave a welcome gift, you must act nice on all fronts. That way, your tenants will know you're a one-of-a-kind caring landlord. You can surprise them with your positive attitude!
Share some quality info
Let's say your tenants have some problems relocating to their new address: the cozy apartment you're renting out. There are numerous ways you can help them in this scenario. One of them, of course, is to show them some relocation tips they can use on their moving day. As you've probably experienced relocating at some point in your life, your knowledge might turn out to be very helpful. Tell them how to organize the preparations or how to handle moving-day stress. It's a big plus having a trusty landlord, always ready to help or give a bit of advice!
Remember (write down) your tenants' birthdays
A fun way to show your tenants some attention is to remember their birthdays. Sending a small gift cannot hurt! Even a plain old birthday card will do the trick. If you own a building, we guess it's pretty hard to remember the birthdays of all your tenants. In that case, write them down and set up a reminder. Also, if you want to be a dreamlike landlord (what a combination of words...) you can even track anniversaries or other dates important to your tenants. On the other hand, that might seem a little creepy. Stick to birthdays!
Throw a tenant appreciation party
As we've mentioned in the previous paragraph, you might be the owner or a property manager of a building. In that case, you can throw a cookout event or something similar for all your tenants! Is there a better way to show that you care? That's right - there isn't! Rare are those who would turn down a party invitation.
Never let your tenants wait for a repairIf your tenants call you because of an issue inside your apartment, you should act momentarily. Letting them wait is not something we would recommend. They need to know you're always there! Imagine the scenario: something's wrong with the plumbing, and because of your poor timing, now the living room tragically reminds your tenants of a scene in a movie about a sinking ship (Titanic, anyone?). Even movie buffs would hate that! Not to mention the folks who live downstairs. They'll undoubtedly adore the light brown aquarelle on their ceiling!
Give them a discount
If your tenants are on time every month with payments, it might be time to show them how much you value their responsibility. Give them a discount on the next rent payment. It's a win-win situation! You're happy because they're always on time, they're happy because you gave them a monthly discount! Then you're happy because they're happy, and so on. It's not so hard to picture an idyllic landlord/tenant relationship blooming out of this. Okay, that was probably a bit too much, but you get the point! A discount on rent is one of the best ways to show appreciation to your tenants!
In the article above, we've shared with you affordable ways to show appreciation to your tenants. By following the mentioned tips and tricks (there aren't any tricks, though), you're bound to form a great relationship with your tenant/s. It's never hard to show some extra care, and your tenants (if they behave like normal people, that is) deserve your attention. A nice word, friendly gesture, or a small gift will get the job done!
Clark Real Estate
305 W. Moana Ste C
Reno, NV 89509
Reno Property Management