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Updated over 6 years ago on . Most recent reply

Heather Miner's profile image
Heather Miner's profile image
Heather Miner
  • from Morrison, Colorado
  • Member since Feb 5, 2018
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Heather Miner's profile image
Heather Miner's profile image
Heather Miner
  • from Morrison, Colorado
  • Member since Feb 5, 2018
Connect
Heather Miner
  • Morrison, CO
17
Votes |
33
Posts
General Landlording & Rental Properties

Reward for New Tenant Referral

Heather Miner
  • Morrison, CO
Posted

I have a tenant moving out after a one year lease. They have recommended a family member move in and she seems like a good tenant. Of course, we'll go through the ususal application/checks, but let's assume everything passes with flying colors. I'd like to offer the old tenant a reward for the referral. I'm thinking of adding in a little extra (maybe $100) to their returned security deposit.

Your ideas? Your experience?

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Dick Stevens's profile image
Dick Stevens's profile image
Dick Stevens
  • Rental Property Investor
  • from Haverhill, MA
  • Member since Mar 30, 2017
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Dick Stevens's profile image
Dick Stevens's profile image
Dick Stevens
  • Rental Property Investor
  • from Haverhill, MA
  • Member since Mar 30, 2017
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Dick Stevens
  • Rental Property Investor
  • Haverhill, MA
185
Votes |
290
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Dick Stevens
  • Rental Property Investor
  • Haverhill, MA
Replied

Their reward is that you’re providing their family member with a nice home.  Nothing more is needed.

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