Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 12 years ago on . Most recent reply

User Stats

127
Posts
10
Votes
Matt Liu
  • Jersey City, NJ
10
Votes |
127
Posts

Some strategies for low maintenance/repairs

Matt Liu
  • Jersey City, NJ
Posted

What are some ways to encourage and even incentivize a tenant to take good care of a freshly renovated rental unit? In the case of a SF home, it's already more likely they will feel ownership. But how can you go further?

Some ideas I thought of:
Tell them I have x-number of dollars budget for repairs. If they stay under that amount - I give them what's left over at the end of the year.
Tell them I will not raise the rent more than $10 a year as long as repairs stay under my budget.
Send them a nice apple pie for July 4th and something else nice on Christmas time.
Plant flowers in the front.

hmm.. any other ideas?

Most Popular Reply

User Stats

42
Posts
8
Votes
John McCombs
  • Real Estate Investor
  • Riverside, CA
8
Votes |
42
Posts
John McCombs
  • Real Estate Investor
  • Riverside, CA
Replied

While I do like the idea of incentivizing the reduction of repair call, there could be unintended consequences that don't ultimately save money. For example, A tenant could neglect to tell me about a leak that ends up costing more money to repair water damage. I try to postpone some repairs in order to make best use of my handyman's schedule. Some tenant will expect a mile if you give them an inch, and ultimately could claim that they have delayed telling you about a needed repair therefore they should be given an incentive that was not agreed upon. There may just be too many complicated variables to make this incentive successful.

Loading replies...