Paying Tenant Commission for Good Behavior!
Hello Team!
As a sales guy, I am obviously motivated by the all-mighty dollar :-) Each sales dollar I earn goes into a savings account from which I purchase investment property.. This is how I am motivated today, and someday this could change. On a macro-perspective, It may not be money, but I truly believe most people are motivated by something-- some type of measurement system.
I'm curious if anyone on this blog has ever implemented a customer loyalty/management system to encourage good behavior? if so, what have you implemented (or what would you like to implement)? What are the positive behaviors that are important to your business?
--- Paying on time
--- Paying early
--- No bounced checks
--- lawn is cut weekly
--- only animals present are those, which are on lease
--- no police calls
How have you, or how would you, incent your tenants?
--- 1 month off rent?
--- 1/2 month off rent?
---enhancement to property after X amount of time present?
---Enhancement to property after signing an extension?
Let's get this Tuesday dialogue going!!