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Steve B
 
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Default How much should I pay to rent fully equipped shop space?


"Edward Lomax" wrote in message
...
Hello, Everyone.

Recently, I had the great fortune to meet someone while shopping at a
Home Depot who has a small workshop on her property that has stationary
power tools and is not in use at the moment.

After looking at the space over the weekend, it is on the small side
(about 1000 sq. ft). This shop also comes equipped with a table saw,
drill press, router table, miter saw, and band saw.

During our conversation we did not discuss a rental charge and, frankly,
I got the feeling that I could use the shop for little or nothing.

However, I do not want to rip off this woman and feel as though I should
pay a fair price to use this incredible resource.

My questions for you are the following:

1) If you were the homeowner in this situation, what would you charge
for the use of your shop?

2) If you rent out a similarly equipped shop space, what is your monthly
fee?

Please respond to me directly as well as to this group.

Thanks.

--
Ed Lomax (edlomax at earthlink dot net)


Let her set the price. Space usually rents for a dollar a square foot per
month. She might think of a lot better price. Check on regs without
bringing attention to yourself, identifying yourself, or telling people what
you want to do there. Then dance within the lines so that you don't draw
attention to yourself, and have some nosy crabby neighbor shut you down.

Steve