General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
The carrot vs the stick
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?