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How to Keep Your Top Tenants

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A strong tenant-landlord relationship isn’t something to be taken lightly and can often result in keeping tenants longer. You don’t ever want to lose tenants, especially not your good ones. Having a vacant apartment is expensive for you and not worth the headache so here are some tips for increasing tenant retention.

Make it Beneficial

If you know you have some good tenants that could potentially move elsewhere, give them something to stay. You don’t have to bribe your tenants, but you can give them a token to show them that they are appreciated. This could include a gift certificate to a local coffee shop or an offer to upgrade something in the unit.

Think Ahead

If you know that your tenant’s lease is ending soon, approach them early about re-signing their lease. If for some reason they decide not to re-sign the lease, you will now have enough time to advertise the vacancy and find people for when they move out.

Stay on top of things

You should stay proactive in your communications with tenants to make sure that everything is well maintained. If something needs fixing, you want your tenants to come to you immediately instead of choosing to rent elsewhere. Being prompt with maintenance requests will help to build a strong relationship with your tenants. 

Easy Rent

Rent collection can be a burden for you and for your tenants. Offering seamless online rental payments will give you a competitive advantage. Head to RentMoola to find out how you can make paying rent rewarding.

Tags : apartmentlandlordproperty managementRentingtenants
Emily Stewart

The author Emily Stewart

Emily is the Marketing and Communications Coordinator at RentMoola. She's a reader, skier, and self-proclaimed Beyonce superfan.

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