This document provides 4 tips for rewarding good tenants to encourage them to renew their leases: 1) Give anniversary gifts like wine or a gift basket to appreciate tenants on the anniversary of signing their lease. 2) Offer discounts on the first month's rent of a renewed lease, which can incentivize tenants to renew for another year. 3) Replace outdated appliances as upgrades that make tenants feel the landlord is investing in them. 4) Allow tenants to select new paint colors from an approved palette so they feel it is their home, incentivizing them to stay.