For most Flower Mound landlords, finding and keeping a quality tenant can be hard. A simple way to build good relations with your tenants is by giving them a small appreciation gift for the holidays. Even though keeping your tenants happy can take some effort, a happy tenant is one who is likely to take care of your property, pay rent on time, and stay in the rental home for a longer time. A simple holiday gift will go a long way in letting them know you appreciate them staying.
A thoughtful gift is something usable & appropriate for your renters’ particular situation. Housewarming gifts often also make the best tenant gifts. Even a box of gourmet cookies or a bottle of wine can build rapport with your tenants. Small houseplants, a thank-you card, or pretty monogrammed coasters will make lovely gifts for your tenants.
If traditional housewarming gifts are not your style, you can give your tenants other gifts. You can give them a free property upgrade as a gift instead. Installing USB ports or some smart devices in your rental property can be a gift that will make your tenants feel more comfortable as well as make your property attractive to future tenants. A video doorbell or smart thermostat will not just benefit your tenant but will also increase the value of your property. Think of it as an investment that will pay off in many ways.
Other tenant gift ideas are less tangible but no less appreciated. If you have multiple tenants in the same area, you could host an event for your tenants, like a free movie night or gathering. A helpful service like a water or furnace filter delivery would also be a well-received gift. You can also gift them a break on upcoming rent increases if it is financially viable for you. Delaying their increase for a few months will be well appreciated. 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. Even simple acts like this can be effective in encouraging goodwill. Always keep your tenants’ religions and cultures in mind when you send a card. Not everyone celebrates Christmas, so you might be better off wishing them “Happy Holidays” instead. You will make our tenants feel that you respect them as you send good wishes their way.
Regardless of what you decide to give your renters for the holidays, see to it that it is thoughtful and appropriate. Take time to choose and deliver the right gift because these efforts will be well worth it. If you live far from your properties, You can hire a professional Flower Mound property manager to do it for you. At Real Property Management Five Star, we actively cultivate good tenant relationships in many different ways. Would you like to learn more? Give us a call at 682-831-1300 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.