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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 Comments »

Comment by Glenn Simon Inc.
2006-12-15 21:08:48

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.

 
Comment by Joshua Dorkin
2006-12-18 11:16:46

Happy tenants relly do make management a whole lot easier!

 
Comment by Madison Albright
2007-12-03 08:49:46

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

 
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