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Keeping Your Tenants Happy During the Holidays

Author: Joshua Dorkin   • URL: http://www.biggerpockets.com/
December 15th, 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!

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5 Responses to “Keeping Your Tenants Happy During the Holidays”

  1. Glenn Simon Inc. | 15/12/06

    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.

  2. Joshua Dorkin | 18/12/06

    Happy tenants relly do make management a whole lot easier!

  3. 12/19/06: The Real Estate Countdown at Derek Burress | 18/12/06

    [...] 7. In the number seven position is Josh Dorkin of Real Estate Investing for Real (BiggerPockets.com) with his article for landlords titled “Keeping Your Tenants Happy During the Holidays.” I do not know about you guys, but any landlord who suggests throwing a party for his tenants is a major plus in my book. Speaking of throwing parties, if any of you need any help with party ideas, be sure to check out the website of one of our future guest writers, Darci Warner of Grilled Cheese Productions. Darci will be joining us later this year here on the blog with some of her own tips and advice. [...]

  4. Real Estate Dispatch - 12/19/06 | Real Estate Investing for Real Blog | 19/12/06

    [...] The 5th Edition of the Carnival of Real Estate Investing was hosted at Mortgage Manifest this week and felt our post Keeping Your Tenants Happy During the Holidays was worthy of a mention. Once again, we’ve found ourselves absent from the Carnival of Real Estate, which focused on videos, web 2.0, and comedy. Other then the time we hosted the carnival — a few weeks back — we can’t seem to break into the carnival. I’m starting to feel like we’re in high-school all over again! [...]

  5. Madison Albright | 3/12/07

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

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