Who said buying gifts for real estate investors was hard?
Now that Father’s Day 2019 is almost here, it’s time to do a little bit of shopping! While our dads will enjoy a simple “Happy Father’s Day!”, it wouldn’t hurt to get them a gift to make them feel extra appreciated. And if you’re dad’s a real estate investor, well, you’re in luck – we’ve created a list of the best gifts for real estate investors.
Buy Him a Subscription to a Rental Property Calculator
If you’re not an investor yourself, you’re probably wondering “What even is a rental property calculator?” A rental property calculator is an online real estate investment tool which helps investors look for investment properties in a given location or market. A rental property calculator uses data analytics, data inputs, and predictive analysis to look for and analyze different properties. The calculator then provides different real estate metrics for a rental property owner such as cash on cash (CoC) return, capitalization (cap) rate, expected rental income, as well as several others. These calculations, or indicators as we call them, can help investors evaluate whether a property is a savvy investment. Using a rental property calculator saves investors plenty of time and energy when investing in real estate.
You can buy your dad a subscription to Mashvisor’s rental property calculator. And take our word for it: he’ll absolutely love it!
Sign up for a 14-day free trial with Mashvisor now and get 20% off.
Related: The Best Investment Property Calculator in 2019
One Word: Caffeine
Keep your real estate investor father well caffeinated.
No, seriously. All the running around, meeting buyers, tending to tenants, and long hours of research can really be draining. Real estate investing is a full-time job that requires a lot of time and energy. One way to survive all of it? That’s right – coffee.
Sometimes, the simplest gifts are the best gifts. And a gift card to your dad’s favorite coffeehouse will make for one of the greatest gifts for real estate investors.
Smart Devices Can Make for a Great Gift for Investors
It’s very difficult to live in our day and age without a smart device. Whether it’s a smartwatch, a smartphone, an iPad, or a new computer, a smart device will help a real estate investor stay organized. It’ll help your dad keep up with calls and meetings, as well as with research. And with the never-stopping technological advances in real estate, many real estate AI technologies and real estate software are surfacing, and they require some sort of smart device to navigate through them. So if your real estate investor dad wants to stay on top of his game and keep up, a smart device is a good gift choice.
This gift idea can be a little more costly, depending on what you plan to get. But hey, what dad isn’t worth it?
Buy Him a Daily Planner
We all think buying a planner will help us get our life together, and sometimes it really does! And some people prefer to jot things down on a piece of paper as opposed to using a digital planner (or smart device). So if your dad is one of those people, buy him a nice planner to help him keep up with his latest events, client meetings, open houses, etc.
Pick Up a Real Estate Book
Every real estate investor needs the right resources to succeed in the industry. And real estate books provide great information and equip investors with the right set of skills needed for real estate investing. There are many real estate investing books out there. From inspiring stories to flipping houses to figuring out real estate finances – every real estate topic has been addressed in one book or another. And while real-life experience is next to invaluable in real estate, there are several things an investor can learn from real estate books.
There’s a plethora of real estate books written by real estate investors, for real estate investors. Among the best ones to read (or gift) this year are Building Wealth One House at a Time by John W. Schau, The Book on Flipping Houses by J Scott, The Book on Rental Property Investing by Brandon Turner, The Book on Investing in Real Estate with No (and Low) Money Down by Brandon Turner, among others.
Related: 6 Best Books on Real Estate Investing to Read in 2019
The flashlight stereotype is not so much a stereotype when almost every investor carries a flashlight with them. Investors need one when checking out an investment property, showing a house, running an inspection… basically most of the time they’re working, so this makes for a really practical gift.
And while you’re at it, consider getting your dad a customized flashlight (maybe add his name on there?). Be sure he’ll appreciate it!
An Amazon Gift Card
When in doubt, get an Amazon Gift Card.
If you’re unsure what your dad wants, this makes for one of the best gifts for real estate investors. Why?
It’s simple – you can get literally anything on Amazon. From electronics to books to cabinets or even tile for a house he’s flipping – it’s all there. You can also get your dad an Amazon Prime subscription to make ordering and delivery easier. Real estate or not, gift cards are always a good idea, especially if you’re unsure what the person needs. And while they can be known as “less thoughtful,” they can actually be the most practical – and that’s what an investor needs.
Did You Make Up Your Mind Yet?
Whatever you decide to get your dad, he’s sure to appreciate it. And while the above gift ideas are all great, never forget to show appreciation for what your father does, even if you didn’t take after him and real estate isn’t your profession.
Happy Father’s Day to all the dads out there!
What other ideas do you have for gifts for real estate investors? And what are you getting your investor dad? Let us know!