Should Landlords Give Tenants Gifts?

A dilemma many landlords face this time each year – should you buy your tenants a gift, and if so how much should you spend?


Why It’s A Good Thing


Good relations are always good, and goodwill usually reflects goodwill – if your tenants have been good all year, always paid their rent on time, kept your investment property in good shape and plan to remain for another year, then giving them a small gift will be appreciated. Positive relations can significantly encourage them to take better care of your property and be more understanding when you can’t complete maintenance issues straight away.


Gift Ideas


Keep in mind that gifts are tax-deductible, but there’s no need to go overboard to impress your tenants. A $20-$30 gift basket, flowers, bottle of wine, or gift card is usually considered a great gift. Another idea is offering to improve their home with a fresh coat of paint or a new appliance – not only are you giving your tenants a great gift by improving their home but you’re also increasing the value of your investment property – win-win!


Bottom-Line


The choice is up to you, most tenants don’t expect gifts so they usually won’t feel like they’ve missed out if you decide against it. However going that extra mile with a Christmas gift will go a long way in encourage tenants to continue being great tenants looking after your investment property.


If you're considering Property Management get in touch with us today. Locally owned and managed, we offer residential property management services across the entire Wellington & Hutt Valley region.


We take care of investments, offering peace of mind and a personal service to investors and tenants alike. Our solutions are backed by industry-leading technology and proven systems that promote both excellent property care and strong investment returns. Taking on all aspects of the landlord’s role, we guide our clients with professional, tailored advice using our extensive experience and insight in the rental market that can only be built over time.


If you would like to chat about the possibility of working together, or to receive a no-obligation, FREE Rental Appraisal get in touch with our team today.

Quinovic Johnsonville | Wellington

Call Jordan Atkinson - 027 297 0873


Quinovic Hutt Valley | Wellington

Call Helen Vance - 027 487 8103

Quinovic Kent Terrace | Wellington

Call Jordan Atkinson - 027 297 0873



Quinovic Wellington Property Managers

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