Blog Post

Tenant Appreciation Tips

Dustin Edwards • Oct 21, 2022

Showing Appreciation Can Go A Long Way

It's surprisingly easy to remember the bad tenants you have through the years of being a landlord. It's human nature to dwell in the negatives and remember the bad times more often than the good times. For this reason It's easy to overlook a tenant who has no complaints, respects the lease agreement, and always pays on time until they move out.


There is an old saying that states “you have to spend money to make money” dating back hundreds of years. However, for the success of your business you should spend money where it matters. Dont ignore the good tenants just because they’re doing what you expect. A happy tenant is more likely to be a long term tenant, providing consistent cash flow from your rental property.


Below are a few suggestions and tips to show your appreciation to your tenants, and hopefully keep them living in your Long Beach rental property for years to come.


Gift Cards

Gift cards are an affordable gift that can go a long way with tenants. A gift card to provide your tenants with an enjoyable meal “on the house” after an inconvenient repair will show them you care about their time. Other opportunities to show the tenant you appreciate them through a gift card includes the holidays, birthdays and after a lease renewal.


Gift cards are a small gesture that can really turn the way your tenant feels about their landlord. Keeping them happy and providing steady income without any animosity.


Break on Rent

An incentive to pay consistent for 6 months at a time is a simple way to build good habits with your tenants. A gift of a rental rebate of $100 or $200 is a small price to pay to help a tenant prioritize paying on time for months. Setting up the rebates during the holidays will give tenants the opportunity to spend the extra money on the family or themselves. Reliable tenants can save you a great deal of money and time in the long run.


Be Responsive

Tenants hate nothing more than having to pay rent while something in their home needs repair. This gives tenants the image that you are just there to collect their money, and don't care about them. 


Be responsive, it’s the tenants duty to pay their rent on time and your duty to make sure their home is in working order. A quick resolution to a repair show’s a tenant that you care about their comfort and well being. This is not only good for the tenants but for your own property, if repairs aren't dealt with promptly they can lead to costly damages in the future.


Get to Know your Tenants

Having good communication with your tenant can lead to a great relationship. Organizing events for tenants helps build amazing landlord-tenant relationships. For example, an outdoor picnic gives landlords the opportunity to interact and get to know the kinds of people that live in your rental property as well as lets your tenants see you as something more than their “rent collector”. 


Even if a tenant is unable to join, simply inviting them makes them feel like they’re important.


Say Thank You

These 2 words are incredibly powerful when showing appreciation. Express your gratitude whenever possible, for example leave a thank you card for new tenants when first moving into a vacancy. Say thank you when tenants resign a lease and let your tenants know how grateful you are for having amazing tenants like them renting your Long Beach rental property.


Some tenants come and go but great tenants are some you don’t want to see leave. Show them you care as often as you can. A happy tenant will tend to live in your rental property for years and feel uncomfortable taking the risk or finding another great landlord. If you need help showing your appreciation to your tenants feel free to call us at (562) 888-0247 or feel free to fill out our
free rental analysis to see what your rental could yield today.

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By Dustin Edwards 01 May, 2024
Everyone wants to feel safe in their homes. As an investment property owner, it's up to you to decide whether or not to include security measures in your property. Many of the costs associated with the security measures can be included in the rent, meaning not only can you keep your property safe, but you can earn more income in the long run. However, you would still want your tenants to have renters insurance to protect their assets. Today, we’ll discuss the top five security measures you can add to your property and why they're beneficial to you and your tenant. Security Cameras Cameras are probably one of the first security measures people think about when asked about security. Cameras provide more benefits than just surveillance. They provide an extra level of security for the safety of the tenants and their belongings. Additionally, security cameras can be useful when repairs are required. Cameras can aid in supervising repairs and maintenance to ensure you’re receiving the agreed-upon work. During vacancies when the property is empty, security cameras can help keep the property safe from potential intruders. Doorbell cameras are incredibly popular now. They provide the aforementioned safety of a camera that can be accessed remotely, as well as the ability to communicate with visitors. Although one must be careful never to say you're not home, just say you're unavailable to strangers. Security Lights Security lights with motion detectors are another effective tool when adding security measures to your property. These lights brightly if a potential intruder attempts to get near your home. They can provide enough illumination to see the intruder or, at the very least, scare them off. Nowadays, you can find a combination of security cameras and motion-activated security lights, such as the floodlight cam wired plus from Ring . Additionally, because these lights only turn on when motion is detected, they’re more cost-effective than traditional lights with a switch. Illuminate the Property Light generally deters intruders as it's more difficult to hide. Adding lighting to the landscaping can increase the security of the property while creating a relaxing atmosphere. Lights can also be used in other areas of the property to accent features such as trees, benches, or artwork. This can help your property stand out while giving your tenants an additional feeling of safety. Keyless Entry Keyless entry is seen as both a convenience feature and a security feature. They usually use an electronic passcode, biometric data, or grant access through a smartphone app. Physical keys can be lost, stolen, or duplicated. You reduce the risk of unauthorized entry by eliminating the need for a physical key to enter the property. Many keyless entry systems include several features, such as remote locking and monitoring. Although keyless entry is a great new technology for keeping your tenants and properties safe, they’re best used with other security systems. Security Company Nothing beats having an extra pair of eyes on your property for security. This is where security companies like ADT and SimpliSafe come in. While companies may deal with security in varying ways, they aim to protect your investment. While safety is the primary role of a security company, remember that many tenants may be willing to pay more for a premium amenity like a home security company. Keeping your property and tenants safe is incredibly important to the longevity of an investment property. If you’re looking to improve the security of your Long Beach rental property or need help managing your beach city rental property, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .
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