I am new to real estate investing and took a new step in turning my first home into a rental property this year and am managing the property myself.
I currently have great renters who have kept the property in good condition and rarely ever contact me with any needs. My daily profession is in account management and I see value in thanking my customers with thank you cards and larger customers with a small gift or lunch.
I consider my rental property as a business and my tenant as a good customer. Curious if anyone thanks their renters with a small gift card ever at Christmas time thanking them for their loyal and good business or if this is a bad habit to get into? I had considered a gift card to a local restaurant in the area thinking it could continue to foster good relations in order to motivate the renter to want to stay long term by having a thoughtful but still firm landlord?
Appreciate any advice!
