Reward the Nice but not the Naughty Tenants

Now is the time of the year when I reward my nice tenants. Those who pay on time every month, who get along with the neighbors, who take care of the property, and who don’t make excessive calls for minor repairs. I reward the nice tenants with a $50 Target gift card. I want them to know that I appreciate them, and I want to do all I can to keep them in my rental house.

The naughty tenants, who are the evil twins of the nice ones, do not get any financial encouragement. My wife and I are really neutral as to whether they go or stay. Of course, we want to avoid the process of cleaning the house and finding new tenants, but on the other hand, it would be nice to have better tenants. These tenants are like some people we know who are live in gray, borderline areas of life, like Wiley Coyote. We wouldn’t put them in jail, but if they were in jail, we probably wouldn’t let them out.

Those tenants who fall somewhere in the middle get a Christmas card.

I’m making a list, and checking it twice …

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