What do you want for the holidays? Popular songs include wishes from making it home for the holidays to getting their two front teeth! These wishes are practical enough, and your wishes may be just as practical. But here’s a more challenging question –what do your tenants want for the holidays? Your renters are the reason for your continued success as a landlord, so being in tune with their holiday wishes is key!

Let’s review a few classic tenant gifts that never go out of style!

Local merchandise

A big reason your tenants chose your property is that they liked the local area. So, try giving them gift baskets, coupons, or gift cards from regional coffee shops, boutiques, eateries, and entertainment venues. Reminding them of the resources in their neighborhood fosters feelings of friendliness and community. And every local connection you strengthen will give your renters another reason to keep choosing your property.

Gas cards

Even if your rental unit is in a great location, your tenants will need to fill the gas tank. Whether they commute to work, school, sporting events, or family reunions, they’ll appreciate the thoughtful gift of gas money. After all, every dollar they save on gas is more money in their pockets. And having more disposable income tends to put most people in a festive mood!

Upgrades  

This gift may require some research since it requires knowing what your tenant wants before you can provide it! A new kitchen sink or bathroom fixture may not be an exciting gift, but it could make for a happy renter if they’ve been asking for an upgrade! If you install a new appliance, you might do both yourself and your tenant a favor by installing energy-saving devices that will save everyone money in the long run.

Branded Materials  

Many pens or calendars your tenant uses have a business name printed on them. If other businesses can advertise their services to your renters, why not you? Next time they pull out a pen, let them see your business’s name printed on it. And if they accidentally leave the pen somewhere, that’s free advertising for you! Other popular branded merch options include water bottles, mugs, and key rings.

Rental Discounts

While this option might not be an appropriate gift for renters in poor standing, your best renters may appreciate a monetary reward for their dependability. A December discount for exceptional tenants may be the gift that keeps giving –back to you. Since good renters are hard to find, do what you can to secure a longer commitment from tenants you want to keep.

These tried-and-true tenant gifts will ensure you have a game plan this holiday season! Branded or local merchandise, property updates, and monetary gifts may all fit the bill for your tenants. They might not be holiday song-worthy, but these classic gift ideas will make your renters feel valued and put them in the holiday spirit this season.

About Rentals America    

Rentals America provides full-service property management for residential rental properties. Our team is completely dedicated to property management, and we’re here to help landlords navigate the rental market.