Top 3 Gifts For Tenants

During the holidays, most tenants don’t expect much in terms of gifts from their landlords. In some cases, landlords choose this time to announce that they’re raising the rent for the following year, which can sour a tenant’s holiday spirit. 

During the holiday season, showing appreciation for your tenant is especially important. This can help start the new year on a positive note. Below, we’ve gathered three great gift ideas you can give your tenants to show appreciation.

Gift Cards

Gift cards can be a thoughtful and versatile gift for your tenants. They offer a flexible albeit less personal gesture of appreciation. Gift cards can give your tenants more options to get what they want, need, or simply enjoy. These cards can range from a local coffee shop, home goods retailer, or online store. The idea is simple: a small gesture goes a long way, and a satisfied tenant is a long-term tenant.

Consider gift cards to local businesses; not only would you support local businesses, but this small act of appreciation can strengthen the landlord-tenant relationship. It may also contribute to a positive living environment, which many tenants look for. Additionally, it demonstrates your willingness to satisfy and go beyond the basic needs of property management, which can help secure long-term tenants.

Energy-Saving Gadgets

Energy-saving gadgets are not only a creative gift for your tenant, but they’re also practical. Most homes in Southern California have already converted to using LED light bulbs or fixtures for efficiency. However, having extra bulbs can be a great idea for some tenants. Especially those who work from home or haven’t adopted LED lighting yet.

Another energy-saving option is smart plugs. This can help your tenant monitor their energy consumption for certain devices, saving them money on their energy bills. These can be paired with smart power strips with features like automatic shut-off or built-in timers to prevent unwanted power drains when devices aren't being used.

Alternatively, you can also gift your tenant items like reusable dryer balls, which can save energy by shortening drying times, or new low-flow shower heads to save on the water bill without sacrificing comfort. These add benefits to your rental property as well since improving efficiency can extend the lifespan of the core systems of your rental property.

Holiday Gift Basket

A gift basket is always a welcomed gift that shows appreciation for your tenant and can foster goodwill. This can be filled with a selection of festive snacks like cookies, chocolates, and pastries. If you have a great tenant-landlord relationship with good communication, you can surprise your tenants with a more personal gift. This makes gift baskets an incredibly versatile gesture, as you can give your tenants a gift tailored for them specifically. You can also give them products locally sourced in Long Beach to add a personalized touch.

For landlords and investors with a larger portfolio, a property management company can streamline the process of selecting and delivering these gifts.

While you may assume giving your tenants a gift for the holidays will negatively affect your bottom line, consider it an investment instead. As we know, a satisfied tenant is a long-term tenant who provides consistent rental income every month. Meaning a small gesture can go a long way. If you need help finding the best gift for your tenant or if you need help managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online.