The truth about owning rental properties is things break, and every appliance and part of your property has a life expectancy. Doris Barrell’s Realizing the American Dream has a fantastic list of basic tools that every home owner should have on-hand. We pulled the top 10 most relevant tools to landlords and property managers:
- Screwdrivers (straight-edged and cross-head ones in various sizes)
- Claw hammer
- Assorted nails, screws, bolts, and nuts
- Tape measure
- Level
- Ladder
- Handheld power drill
- Utility knife
- Hand saw
- Adjustable wrench
For more help on gathering key landlord supplies visit Landlordology. For more real estate investor resources, visit our Resources Page.
Related: Life Expectancies of House Parts and Appliances, Expect the Unexpected: Common Rental Rental Property Issues
