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Updated about 5 years ago,

User Stats

70
Posts
33
Votes
Michael Julian
  • Investor
  • Franklin, TN
33
Votes |
70
Posts

The carrot vs the stick

Michael Julian
  • Investor
  • Franklin, TN
Posted

Do you ever give your good renters bonuses? Last Christmas, I gave two of my best renters $50.00 gift cards to spend however they wished. These were tenants that paid every month early or on time, and maintained my property with meticulous cleanliness. They rarely had issue unless something required my attention for repairs. They really appreciated the little bonus and have become my best renters by far.

They are roommates, and one of them has purchased a house, but I would really like to keep the other if she can afford to keep the place herself, (or can find a qualified roommate). I was thinking about offering a small bonus if she signs another one year lease. 

Is this anything anyone else has done to keep those elusive, "perfect" renters?

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