A storage unit referral program that gives existing tenants one free month of rent when they refer someone who signs a lease and stays 30 days. The 30-day wait prevents fake referrals, and the pitch is simple enough to fit in a single letter to tenants.
Chapters
It's fairly simple to implement and meaningfully increases the referral rate. Here's the structure that works. Existing tenant refers a prospect who moves in and holds the space for at least 30 days. The reward for the tenant who referred, 1 month free on the next invoice. This structure is clean for several reasons. It's easy to communicate. They refer a friend and get a month free. Uh, program. It's self-policing. The month discount only applies after the new tenant has been there for at least 30 days. So it doesn't reward fake referrals. It rewards the exact behavior you want to encourage, actually. And it gives you every tenant, send them this one letter, one month discount. That's how it starts. StorageMoguls.ai, folks. That's where you can find the templates, the scripts, the operators with real conversation, buying real deals. It's free to join. Join Storage Moguls, build the system, earn the conversations.