{"id":132894,"date":"2020-12-07T15:00:02","date_gmt":"2020-12-07T22:00:02","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=132894"},"modified":"2021-03-16T17:06:15","modified_gmt":"2021-03-16T23:06:15","slug":"real-estate-investor-gifts","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/real-estate-investor-gifts","title":{"rendered":"12 Gifts for Real Estate Investors (That Don&#8217;t Suck)"},"content":{"rendered":"<p>No one likes to give boring gifts. Especially to someone as fearless and entrepreneurial as a real estate investor!<\/p>\n<p>So ditch the bland gifts like \u201cgourmet popcorn\u201d or gift baskets, and try something a little more personalized this holiday season. Something befitting the adventurous real estate investor you\u2019re shopping for.<\/p>\n<h2>1. Batman Multitool<\/h2>\n<p>Real estate investors often find ourselves in surprise situations where we need a tool. We\u2019re like Batman that way.<\/p>\n<p>So give your investor a proper <a href=\"https:\/\/www.bigbadtoystore.com\/Product\/VariationDetails\/90635\" target=\"_blank\" rel=\"noopener\">Batman multitool<\/a>, that includes medium and large flathead screwdrivers, pliers, wire cutters, a file, two knives, a saw, and of course a bottle opener for celebrating all that hard work.<\/p>\n<p>It fits in your pocket\u2026 or on your belt like Batman.<\/p>\n<h2>2. The BiggerPockets\u00a0Intention Journal<\/h2>\n<p>You knew this was coming. Give the gift of BiggerPockets.<\/p>\n<p>What better way for your investor to start the new year than with <a href=\"https:\/\/store.biggerpockets.com\/collections\/all-books\/products\/the-intention-journalhttps:\/\/store.biggerpockets.com\/collections\/all-books\/products\/the-intention-journal?utm_source=blog\" target=\"_blank\"><em>The Intention Journal<\/em><\/a> by Brandon Turner. Available in the <a href=\"https:\/\/store.biggerpockets.com\/?utm_source=blog\" target=\"_blank\">BiggerPockets Bookstore<\/a>, this will be your gift recipient&#8217;s playbook to create the life that they&#8217;ve always wanted\u2014whether their goals involve health, finances, businesses, relationships, breaking bad habits, starting good ones, or anything else that needs real intention to grow.<\/p>\n<p><strong><em>Related:<\/em><\/strong><em> <a href=\"https:\/\/www.biggerpockets.com\/blog\/what-is-stopping-you-from-being-happy-healthy-wealthy\" target=\"_blank\" rel=\"noopener noreferrer\">THIS Is the Only Thing Stopping You From Being Happy, Healthy, &amp; Wealthy<\/a><\/em><\/p>\n<p>Plus, the journal might be their gateway to BiggerPockets in general\u2014the largest community of real estate investors in the English-speaking world. On our site, they can get access to free <a href=\"https:\/\/www.biggerpockets.com\/guides?utm_source=blog\" target=\"_blank\">educational materials<\/a>, real estate investing <a href=\"https:\/\/www.biggerpockets.com\/calc\" target=\"_blank\">tools<\/a>, a network of <a href=\"https:\/\/www.biggerpockets.com\/forums\" target=\"_blank\">like-minded people<\/a>, five <a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\" rel=\"noopener noreferrer\">podcast shows<\/a> with hundreds of episodes, and our real estate <a href=\"https:\/\/www.biggerpockets.com\/real-estate-listings\" target=\"_blank\" rel=\"noopener noreferrer\">listings<\/a>.<\/p>\n<p>Equip your real estate investor with the tools they need to succeed.<\/p>\n<h2>3. The Book on Tax Strategies for the Savvy Real Estate Investor<\/h2>\n<p>Who wants to pay more in taxes than they have to? I certainly don\u2019t. It\u2019s one reason I moved out of Baltimore, then out of Maryland, and then moved out of the U.S. altogether.<\/p>\n<p>Check out <em><a href=\"https:\/\/store.biggerpockets.com\/collections\/all-books\/products\/the-book-on-tax-strategies-for-the-savvy-real-estate-investor?utm_source=blog\" target=\"_blank\" rel=\"noopener noreferrer\">The Book on Tax Strategies for the Savvy Real Estate Investor<\/a> <\/em>by Amanda Han and Matt MacFarland. It was, <em>cough<\/em>, published by our own BiggerPockets press. Check out the dozens of other <a href=\"https:\/\/store.biggerpockets.com\/\" target=\"_blank\">real estate investing books we publish<\/a>, too.<\/p>\n<p>Last BiggerPockets plug, I promise.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-105330\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2019\/01\/girl-reading-book.jpg\" alt=\"self-help, self-development, real estate investing advice, reading, books, how-to\" width=\"702\" height=\"336\" title=\"\" srcset=\"2\/2019\/01\/girl-reading-book.jpg 702w, 2\/2019\/01\/girl-reading-book-300x144.jpg 300w\" sizes=\"auto, (max-width: 702px) 100vw, 702px\" \/><\/p>\n<h2>4. Pocket Power Bank<\/h2>\n<p>Nowadays, real estate investors (and everyone else, for that matter) rely on their phones for everything. They use them to look up comps on Zillow on the fly, to open smart door locks, to photograph prospective properties, as a flashlight to see in dark basements, even to find new deals while driving for dollars. All of which are spoilers for later gift ideas on this list.<\/p>\n<p>The point is, we can\u2019t afford for our phones to run out of batteries on us. Pick up a pocket-size power bank, that can recharge your smartphone a dozen times over. Try <a href=\"https:\/\/www.amazon.com\/IEsafy-26800mAh-Ultra-Compact-High-Speed-Compatible\/dp\/B086YTDZQZ\/\" target=\"_blank\" rel=\"noopener noreferrer\">this one from IEsafy<\/a> with a 26800mAh storage capacity. Or any of the hundreds of others on Amazon, for that matter.<\/p>\n<h2>5. Subscription or Gift Certificate to Deal Machine<\/h2>\n<p>The ultimate tool for <a href=\"https:\/\/www.biggerpockets.com\/blog\/driving-for-dollars\" target=\"_blank\" rel=\"noopener noreferrer\">driving for dollars<\/a>, <a href=\"https:\/\/www.dealmachine.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Deal Machine<\/a> is a subscription-based app that pulls up all public records about a property, including its last sales price and date, recorded mortgage(s), and the owner\u2019s contact details. All by simply pointing your phone at a property and snapping a photo.<\/p>\n<p><strong><em>Related:<\/em><\/strong><em> <a href=\"https:\/\/www.biggerpockets.com\/blog\/best-deal-ever-show-an-8-unit-for-just-200k\" target=\"_blank\">Best Deal Ever Show: Driving for Some Serious Dollars\u2014An 8-Unit for Only $200K<\/a><\/em><\/p>\n<p>You can even buy one-click postcard mailings, so when you see a property you like, you click a button and Deal Machine sends a mailing out on your behalf\u2014a mailing you can personalize however you like.<\/p>\n<p>Easy peasy.<\/p>\n<h2>6. Cell Phone Lens Kit<\/h2>\n<p>Today\u2019s phone cameras take better photos than real cameras did 15 years ago. But they come with a serious shortcoming: the lens isn\u2019t adjustable.<\/p>\n<p>Pick up a <a href=\"https:\/\/www.amazon.com\/Fisheye-Telephoto-Kaleidoscope-Compatible-Smartphone\/dp\/B07DHGVJ5W\/\" target=\"_blank\" rel=\"noopener noreferrer\">lens kit<\/a> with multiple swappable lenses, so your real estate investor can take photos under any conditions. That could mean zoom photos of distant homes while driving for dollars, or wide-angle photos for capturing more of an interior room, or anything in between.<\/p>\n<p>It will help them <a href=\"https:\/\/www.biggerpockets.com\/blog\/photos-of-rental\" target=\"_blank\" rel=\"noopener noreferrer\">take better real estate photos<\/a>, without having to spring for a professional camera.<\/p>\n<h2>7. Keychain Flashlight<\/h2>\n<p>Your phone\u2019s flashlight function works in a pinch, but it doesn\u2019t illuminate very much or very far, and it drains your battery at lightning (or one might say &#8220;lightening&#8221;) speed.<\/p>\n<p>Real estate investors sometimes need full flashlight brightness and for more than just a minute or two. Whether investigating <a href=\"https:\/\/www.biggerpockets.com\/blog\/tenants-abandoned-property-evict\" target=\"_blank\" rel=\"noopener noreferrer\">abandoned property<\/a> in attics, leaks in unfinished basements, or the <a href=\"https:\/\/www.basementguides.com\/crawl-space\/\" target=\"_blank\" rel=\"noopener noreferrer\">vapor barrier in crawl spaces<\/a>, it helps to have a real flashlight.<\/p>\n<p>For a few dollars, pick up this tiny, lightweight <a href=\"https:\/\/www.amazon.com\/Streamlight-Nano-Light-Flashlight-Black\/dp\/B0011UIPIW\/\" target=\"_blank\" rel=\"noopener noreferrer\">nano flashlight<\/a> that clips right on their keychain. Or barring that, sits innocuously in their glove compartment.<\/p>\n<h2>8. Keychain Measuring Tape<\/h2>\n<p>One tool missing from that Batman multitool? A tape measure\u2014which real estate investors need all the time.<\/p>\n<p>From measuring doorways to see if an appliance will fit through, to measuring windows, to measuring out cabinet spaces and beyond, investors find themselves constantly measuring spaces. But that doesn\u2019t mean they want to walk around with a full measuring tape clipped to their belt like a giant nerd.<\/p>\n<p>This <a href=\"https:\/\/www.amazon.com\/Measuring-Measure-Medical-Measurement-Keychain\/dp\/B083J4PTVR\/\" target=\"_blank\" rel=\"noopener noreferrer\">tiny keychain measuring tape<\/a> won\u2019t measure a full room, but its five feet of tape is plenty for doorways and kitchen counter gaps. It weighs next to nothing, and at $4 marks the best deal on this list.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-73922\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/07\/find-contractor.jpg\" alt=\"find-contractor\" width=\"702\" height=\"336\" title=\"\" srcset=\"2\/2015\/07\/find-contractor.jpg 702w, 2\/2015\/07\/find-contractor-300x144.jpg 300w\" sizes=\"auto, (max-width: 702px) 100vw, 702px\" \/><\/p>\n<h2>9. Gift Certificate to Home Depot or Lowe&#8217;s<\/h2>\n<p>Investors spend far too much of their lives wandering the tall aisles of Home Depot, Lowe&#8217;s, and other home renovation supply stores. And far too much of their money.<\/p>\n<p>The ultimate practical gift, some extra cash toward that next appliance, that next set of cabinet hardware, or even <a href=\"https:\/\/porch.com\/advice\/increase-value-home-lighting\" target=\"_blank\" rel=\"noopener noreferrer\">new lighting fixtures that can boost property values<\/a>. It may not be the sexiest gift you\u2019ve ever given, but it sure is practical.<\/p>\n<h2>10. Smart Lock<\/h2>\n<p>Landlords often need to swap out locks. Unless, that is, they use a smart lock.<\/p>\n<p>It allows landlords\u2014or homeowners, for that matter\u2014to grant temporary access to anyone to open the door. That could mean 30 seconds of access for a delivery, 30 minutes of access for a property showing, 30 hours of access for a contractor repair, or 30 months of access for a tenant.<\/p>\n<p>As smart home tech for rentals go, it doesn\u2019t get any more convenient than a smart door lock. Try <a href=\"https:\/\/august.com\/products\/august-smart-lock-connect\" target=\"_blank\" rel=\"noopener noreferrer\">this one from August<\/a> for a reputable option.<\/p>\n<p><strong><em>Related:<\/em><\/strong><em> <a href=\"https:\/\/www.biggerpockets.com\/blog\/2016-07-07-landlords-invest-smart-home-tech7-gadgets\" target=\"_blank\" rel=\"noopener noreferrer\">7 Smart Home Gadgets Landlords Should Consider for a Sought-After Rental<\/a><\/em><\/p>\n<h2>11. Subscription or Gift Certificate to Propstream<\/h2>\n<p>Arguably the best software service for real estate investors, <a href=\"https:\/\/www.propstream.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Propstream<\/a> helps them <a href=\"https:\/\/www.biggerpockets.com\/blog\/locate-distressed-properties\" target=\"_blank\" rel=\"noopener noreferrer\">find distressed properties online<\/a>.<\/p>\n<p>That includes pre-foreclosures, tax liens, divorcing couples, and several other types of distressed sellers, all mapped for you online. You set the parameters, both geographically and the type of distressed sale you\u2019re interested in.<\/p>\n<p>It makes a great way to <a href=\"https:\/\/www.biggerpockets.com\/blog\/find-real-estate-deals\" target=\"_blank\" rel=\"noopener noreferrer\">find off-market deals<\/a>\u00a0and could help your investor score their next big one!<\/p>\n<h2>12. Drone<\/h2>\n<p>Yes, drones make fun toys. But they also help real estate investors do practical work.<\/p>\n<p>Work like inspecting the condition of the roof, chimney, soffits, and other out-of-reach home components. Or taking gorgeous high-angle photos to help your home listing stand out from the competition.<\/p>\n<p>Drones range in price from $40 up to $3,000 and above. You get what you pay for, but you can still find surprisingly good drones that take sharp photos even at low price points. For a sub-$100 option that punches above its weight class, try the <a href=\"https:\/\/www.amazon.com\/dp\/B07BDHJJTH\" target=\"_blank\" rel=\"noopener noreferrer\">Ryze Tech Tello<\/a>.<\/p>\n<h2>Final Thoughts<\/h2>\n<p>Boring gifts are for accountants and insurance agents.<\/p>\n<p>As real estate investors, we\u2019re adventurous entrepreneurs and expect awesome gifts. While not every gift above is the perfect fit for every investor, you should have plenty of gift ideas at every price point by now to deliver a gift that your recipient will absolutely love.<\/p>\n<p>Or at least get plenty of use out of.<\/p>\n<p><a href=\"https:\/\/www.biggerpockets.com\/store?utm_source=blog\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-114267\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2019\/08\/5.2.jpg\" alt=\"ad-bookstore\" width=\"706\" height=\"125\" title=\"\" srcset=\"2\/2019\/08\/5.2.jpg 706w, 2\/2019\/08\/5.2-300x53.jpg 300w, 2\/2019\/08\/5.2-702x125.jpg 702w\" sizes=\"auto, (max-width: 706px) 100vw, 706px\" \/><\/a><\/p>\n<p><i>What gifts are you hoping for as a real estate investor?<\/i><\/p>\n<p><strong>Leave a comment below.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ditch boring gift ideas, and try something a little more personalized this holiday season\u2014something befitting the real estate investor you\u2019re shopping for.<\/p>\n","protected":false},"author":158586,"featured_media":114593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[],"class_list":["post-132894","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-development"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/132894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/158586"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=132894"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/132894\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/114593"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=132894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=132894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=132894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}