Our top stories this year have been about the economy and the impact its had on rental property owners. With vacancy rates high, and a lot of inventory for renters to choose from, make sure your tenants know that you appreciate them.
This week is a great opportunity to stop in and pass along a little holiday gift.
You don’t have to spend much to make a major impact.
Here are some ideas:
A live rosemary tree. $10 from your local grocery store, including Whole Foods. Fills the entire kitchen with a delightful scent, and it’s edible.
A gingerbread house kit. $10 and less from local grocery store, craft stores including Michael’s. Not just for kids, these kits are great fun for all ages, and make a great centerpiece for holiday dinners.
Royal Dansk butter cookies. $5 from Staples. Elegant and tasty, in an attractive canister. A good second option is Pepperidge Farm’s assortments – especially the chocolate lovers selection. About $5 from the grocery store. Either way, boxed cookies are easier to deliver.
Hot Chocolate Mix and Candy Canes. Under $5. Two tastes that are meant to be together. Wrap the cocoa mix package with a ribbon and insert a candy cane as a mixing stick, or stuff them both in a mug. Another version: place the mix in a small mason jar (available at grocery stores) and tape the candy cane to the top for decoration.
Gift Certificates from local businesses. $5. Car wash, coffee, dry cleaners. The businesses may even make you a deal.
Guest pass to local gym. Free.
Delivering your gifts in person makes the good tenants want to stick around.
Do you have a quick tip to share with other landlords? Please email our editor at [email protected].
American Apartment Owners Association offers discounts on products and services for landlords related to your commercial housing investment, including real estate forms, tenant debt collection, tenant background checks, insurance and financing. Find out more at www.joinaaoa.org.