We always budget $200 per property per year to send $100 hampers to our PM's and tenants at Christmas. We feel it is a good investment in strengthening our relationships with our PM's and our tenants. Funny enough, our tenants look after our properties and pay their rent on time and our PM's seem to go the extra mile if it is ever required.
Who Gives Xmas Cards/Gifts for their PM/Tenant?
- Thread starter chilliblue
- Start date
Mangoes
We drop off a box of mangoes to our PM every Christmas.
Doesn't cost anything as we pick them ourselves and everybody at the PM office knows who we are.
We are eternally grateful for all the work our PM does and this is our way we can give a little back on top of our 10%.
Like bringing in an apple to your teacher to get a better grade....
Yes that works
We drop off a box of mangoes to our PM every Christmas.
Doesn't cost anything as we pick them ourselves and everybody at the PM office knows who we are.
We are eternally grateful for all the work our PM does and this is our way we can give a little back on top of our 10%.
Like bringing in an apple to your teacher to get a better grade....
Yes that works
Sure is but for how much longer?
Are you saying lawyers are 2 faced?
Back on topic, we used to give tenants Xmas cards and birthday, but no more.
Regular rent hikes marked to market.
Don't need a PM.
When using a PM and getting market rent, you are not getting market rent.
perhaps, if it is cashflow positive, otherwise the tenants should buy the LL's a present as thanks for subsidising their lifestyle and endless list of wants.
Quoted for truth.
one of mine does
