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General Landlording & Rental Properties

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Courtney Huntoon
  • Property Manager
  • Grand Rapids, MI
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12
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Tenant incentives worth it?

Courtney Huntoon
  • Property Manager
  • Grand Rapids, MI
Posted May 8 2018, 17:44

Wondering your thoughts and opinions on offering incentives to current tenants? Incentives for referring a qualified friend or family member to lease one of our vacant units? Incentive of some sort for tenants who constantly pay their rent on time or are the "ideal" tenant? Incentive for good tenants during lease renewals in order to minimize the turnover? 

I'm torn with why reward tenants for doing what they are suppose to: PAY RENT. But I'm curious to hear other landlord's opinions or experiences! 

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