Keeping Your Tenants Happy During the Holidays

by Joshua Dorkin on December 15, 2006

Looking to send your tenants a signal that you’re partially human? With the holiday season in full effect, now is a perfect time to get into your renter’s good graces.

Here are a few ideas to let your tenants know that you’re not so bad this holiday season:

  • Send out Season’s Greetings Cards
    The cost is minimal and the benefit is outstanding. A simple card can go a long way towards tenant loyalty.
  • Decorate your Property for the Holidays
    Keeping things festive always puts a smile on your tenant’s faces.
  • Throw a Holiday Party
    This works better for larger buildings (I’d guess 4+ units). Mingling with your tenants under a different set of circumstancess will help them to look at you in a different light. The holiday party is a nice perk that can go a long way towards tenant happiness.
  • Upgrade Your Apartments
    We’ve talked in the past about using incentives or gifts to attract tenants. The holiday season is the perfect time to do a few upgrades on your units. Even simple things like new hardware, doorknobs, etc. let your tenants know you care.

Remember, a happy tenant is often a long-term tenant. Find some way to thank them and show your appreciation!

{ 2 trackbacks }

12/19/06: The Real Estate Countdown at Derek Burress
December 18, 2006 at 9:36 pm
Real Estate Dispatch - 12/19/06 | Real Estate Investing for Real Blog
December 19, 2006 at 9:45 am

{ 3 comments… read them below or add one }

1 Glenn Simon Inc. December 15, 2006 at 9:08 pm

We often give tenants gift certificates at most holidays. It keeps our equity building partners (the tenants) happy! A happy tenant means a happy landlord or property manager which means stress free investments.

Reply

2 Joshua Dorkin December 18, 2006 at 11:16 am

Happy tenants relly do make management a whole lot easier!

Reply

3 Madison Albright December 3, 2007 at 8:49 am

This is the truth, Happy tenants relly do make management a whole lot easier!

Reply

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