Basic Tools

[Conndog]

Hi, been a homeowner for years but have just a few scattered tools- a hammer, some screwdrivers- think I have a basic cordless drill but can’t find it & think I’ll get a new one. I’d like to buy a set of basic tools that a homeowner should have for both house and yard maintenance. What would be a good starting list? Off top of my head, I’d like to get: cordless drill, chainsaw, hand saw- and where is good place to buy? Budget is kind of limited- thanks!

 

[Phorcys]

I never said it was the safest, but it's certainly not a hobby. In combination with my other investments, I'm diversified and my daughter is more than set whether I died tomorrow or in 40 years.

My children will also be inheriting a diversified portfolio ... but (hopefully) it won’t include residential real estate directly owned. When I die, they won’t be burdened by the least liquid asset. Homes, even when rented, are where the heart is.

Homeownership is a lifestyle choice.

My apologies to the OP for derailing their thread asking about tools. Obviously, I am a tool.

 

[FfldCntyFan]

People with too many tools scare the hell out of me.

Is it possible to have too many tools?

 

[Phorcys]

Is it possible to have too many tools?

Probably not in Fairfield County ... where driveways are long and garages are spacious.

In the middle of LA ... where space is a premium ... hell yes.

Channeling Dave Chapelle ... “Hey, landlord, fix my sink, bitch!”

 

[HuskyHawk]

My children will also be inheriting a diversified portfolio ... but (hopefully) it won’t include residential real estate directly owned. When I die, they won’t be burdened by the least liquid asset. Homes, even when rented, are where the heart is.

Homeownership is a lifestyle choice.

My apologies to the OP for derailing their thread asking about tools. Obviously, I am a tool.

It is indeed a lifestyle choice. I can't imagine being limited in my ability to expand my home, knock down walls or reimage my living space. The primary benefits of buying vs renting are that it costs less per square foot and you have control over what you make of the space. Renters have fewer risks but can't really make the space their own, nor can they reliably assume they can occupy the same space indefinitely. Moving sucks.

As for tools, I think we covered it. Don't get a chainsaw, don't splurge on tools you won't need. The tool rental question is a tough one. I needed to put up wainscotting in a hall and a bathroom. I could rent a nail gun and assuming I could do it all in a weekend, pay like $175. Or I could but a compressor and nail gun for like $225. So I bought one. Have used it a little since, but not much. High tool rental prices seem to drive some of those unnecessary purchases. Borrow stuff if you can.