Advise To Landlords: Better Than Presents to Tenants

By
Real Estate Broker/Owner with Rummy Dhanoa Real Estate Experts

****Give a Holiday Gift Voucher Instead****

 

 

 

I know lots of landlords who think it is a good will gesture to deliver a turkey or a bottle or cookies for the Holidays to their tenants. However we are finding it is not a good idea to get in the habit of giving gifts to tenants.
Many of you know what we mean. Tenants normally think they deserve the gifts you give them. Then they expect them each year. What if you don't give a gift to your tenant after you gave him something the previous year? There may be hard feelings on the tenant's part. After all, they feel it is their hard earned rent money that you are using to buy their gift along with all the other comforts you enjoy in life.

 

So, if you must reward your tenant for paying the rent as agreed, why not make it worth your while too? Let the tenant earn your gift by paying the rent early.

See Below:


 

Dear Tenant,

 

 

 

As an excellent tenant, your landlord has selected you to receive a special rent reduction opportunity:

 

 

 

 

 

 

 

$ Holiday Discount Voucher $

 

 

 
   

 

 

  This voucher entitles

 

______________________________

 

 

 

to $__________________ off the rent payment on the rental located at ________________________________________________________

 

in exchange for early payment of rent. (See details below)

 

 

 

 

 

A discount is offered to the tenant as an incentive to pay rent before it's due date. If rent is received by 5:00 P.M. ________ days before it's due date or sooner, the tenant may deduct $_________ making the payment $_____________. Payment shall only be deemed made as of the date received by the Owner or his agent, and not by the postmark on the envelope.

 

 

 

 

 

This special offer is granted to the tenant for the months of

 

 

 

_________________20 ___ to _________________20 ___

 

 

 

Authorized by ______________________  Date _________

 

 

 

 

 

PF37 Early Payment Discount Voucher www.theLPA.com


The Sales Team of Rummy Dhanoa

Keller Williams Realty Group


www.FreeeNYHomeSearch.com

www.RummyRealEstate.com

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Wallace S. Gibson, CPM 12/20/2011 10:21 AM
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Rainmaker
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Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

DIY landlords who want to become FRIENDS with their tenants are making a mistake.  Presents and gifts are for friends and family.......NOT tenants.

 

Dec 20, 2011 10:21 AM #1
Rainmaker
537,859
Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

Sorry, no present, no discount.  Pay your rent on time and you get to stay. 

I like to keep an arms length from my tenants and it is OK that they are not comfortable asking for favors.

I provide a clean, well maintained  property in exchange for a reasonable rental fee. Period. Nothing more.

 

Dec 20, 2011 10:35 AM #2
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