Gift cards for Tenants

[Marvin Long]

Thinking of giving my tentants gift cards for christmas..$25 to $50... anybody do this??? It is the season...Happy holidays

[Mark H.]

Originally posted by Mindi B.:

I read an article about a landlord that gave all his tenants Christmas gifts for many, many years. Then one year he gave no gifts. One of the tenants sued the landlord and the judge ruled in the tenants favor because after so many years of receiving gifts, it was "expected."

I can't relocate the article, but kinda scary. What happens if you have a bad year financially and cannot afford to give gifts to your tenants? They may take it the wrong way and cease being a good tenant.

I read an article about a woman who got mad at her husband, and she set him on fire while he was in bed, asleep. It was a scary story, but I still married a woman myself, knowing that at some point, she *could* snap, and set me on fire while I sleep. After all, it has happened before!

In the meantime, my tenants get gifts at Christmas, a gift-card, or this year a basket from Costco.

I can only hope I "get a lot of tenants and it becomes a significant expense".

Lol.. If you've got fifty or a hundred (or more) tenants, and the expense of a de-minimus gift for each becomes "significant", your profits should be significant as well, or you're not doing it right.