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Well, it’s that time of the year, where we spend 5 or 6 weeks shopping like crazy to make sure we get something for everyone on the list. We wouldn’t want to get to that Christmas party and as soon as you walk in the door and get that sinking feeling that you forgot to get something for Cousin Boy or Aunt Suzie. So, here is a list of the best gifts to buy a real estate investor. We have suggestions from $10 to $1,000 so you can find something for that distant friend or cousin or for your husband or wife.
Real estate investors are a unique bunch of people, so you might be wondering what to get them for Christmas. Be it your cousin, uncle/aunt, or husband/wife, here are some of the best gifts to get a real estate investor.
(Literally, All Investors Need One)
I can’t tell you how many times I’ve been looking in a dark basement, just to find I’m out of batteries, my flashlight craps the bed, and my cellphone is low on battery too.
Get the investor in your life a backup!
This flashlight uses LEDs, costs only about $11, and is water resistant. The LEDs use about 20% the electricity of a normal bulb so it will keep the battery usage low. This means it won’t run out of batteries so much. Also, LEDs are super bright!
(Real Estate Investors Read Like Crazy)
When I got started investing, I read probably 20+ books. Even if you’re really experienced, every book has at least 1 tidbit of knowledge that you didn’t know before.
Here are two books that were really fundamental to building my knowledge before I really got started. Honestly, I recommend anything from Berges, but these two are the best.
(For Distant Relatives that are Real Estate Investors)
Do I really need to explain this?
As a gift for a real estate investor, this is an amazing (and easy) choice. Even though they are at Home Depot or Lowes every day, they might still agonize over buying that new table saw or multitool. Go ahead and give them an excuse to buy it!
(Best Gift for the Tech Savvy Real Estate Investor)
I used to have a tablet, desktop, and laptop. Personally, I needed a laptop when I was out at the coffee shop or somewhere and needed a real computer. The desktop had a large monitor so I could use multiple spreadsheets at the same time. I also needed that tablet for note taking and documents on the go.
It was a disaster… until I bought a Microsoft Surface Pro 4.
My life literally changed. I tossed out all 3 other devices (actually, I gave my crazy expensive tablet to my daughter to play games with).
My Surface Pro works as a tablet or as a laptop so I can take it anywhere and do anything. Then, I toss it into my docking station and it automatically connects to my 30″ monitor.
The great part, since it’s all once device I don’t have to keep transferring and emailing filings back and forth to myself, or using a cloud drive where I can’t access my documents without internet.
On a more serious note, consider getting some self-defense as a gift for your real estate investor.
Being alone in foreclosed properties, or visiting with strangers 1 on 1 in secluded or empty buildings always carries risks. It happens all too often that someone takes advantage of a Realtor at a private showing, or a real estate investor stumbles upon squatters in an abandoned building.
So, here are a few options to help protect them.
Meeting someone after dark to show a rental or property for sale? Touring a vacant property with signs of forced entry?
If you feel like things are getting sketchy, simply keep this in your hand.
Pepper spray really only works at a distance and there is always a risk the cloud will get you too.
For very close and personal situations, try a stun gun!
The reviews on this very affordable stun gun tell of very large 230lb men hitting the floor in under a second.
(The Best Gift to Give to a New Real Estate Investor)
I know I already had books as a category, but this is so much more than a book.
If your real estate investor hasn’t read Rich Dad Poor Dad yet, you absolutely NEED to give it as a gift. I don’t know how else to explain it.
Just buy it, read it, and let your life be changed.
(Best Gift for an Active Real Estate Investor)
A Gerber or other brand multi-tool is a must have for anyone who is out and about. I’ve literally used mine thousands of times and use it at least several times a week.
This is last on the list, but really, it’s probably one of the best gifts to give to a real estate investor. You really pay for what you get, so don’t waste money on a cheap multi-tool. $60-$100 is a good range to get a good quality tool that won’t fall apart.
(Empty Houses Are Always Colder Than Outdoors)
It’s always one thing that surprised me about the winter. Abandoned or foreclosed homes are ALWAYS colder than the outside.
So many times I’ve walked through the snow just to get into a property and find out it’s like a giant icebox.
So, get them something warm like a nice hat or boots.
Everyone is different, so obviously ask him/her what they want before buying!
If you can’t really think of anything and they gave you the classic answer – “nothing, don’t worry about getting a gift for me” then it’s time to start thinking deeper.
Are they a house flipper? Do they actively involved or more passive? Perhaps they are a landlord?
Every niche will lead you to different gift ideas.
I can’t really help you with this. You know the budget and how much you want to spend.
Christmas shopping is always difficult and finding great gifts to investors is exceptionally challenging.
I hope these suggestions at least help spur a thought process to help you figure out the best gifts to give to a real estate investor.
Merry Christmas and Happy Investing![/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]
Eric is an investor that achieved financial independence at the age of 30. He started in 2009 with the purchase of his first triplex and now owns over 470 units. He spends his time with his family, growing his businesses, diversifying his income, and teaching others how to achieve financial independence through real estate. Eric has been seen on Forbes, Trulia, WiseBread, TheStreet, and other financial publications.
I started out as a full-time student, over $60,000 in debt, and didn't even have a full-time job (two part-time jobs).
Learn the system I used to create a 6-figure passive income.
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