Do you lease or own your studio?
- LupineSound
- gettin' sounds
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Do you lease or own your studio?
I'm considering sinking some money in to creating a proper control room and an acoustically designed live room, but my only caveat is that I don't own the space and the landlord can't/won't sell it. She did offer me a multi-year lease and is a nice, reasonable person.
That leads me to wonder what your situations are. Is it fairly normal to sink a bunch of money in to a place you don't own? Do you have a multi-year lease or some other agreement?
That leads me to wonder what your situations are. Is it fairly normal to sink a bunch of money in to a place you don't own? Do you have a multi-year lease or some other agreement?
- Gregg Juke
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We rent. I _love_ our current location, and we have made some mods, but mostly cosmetic, or treatments that can be removed if the location changes. I wouldn't spend a lot on making permanent, expensive modifications unless you have an iron-clad, multi-year lease. Do things that don't require remodeling, and do things that are portable...
GJ
GJ
Gregg Juke
Nocturnal Productions Music Group
Drum! Magazine Contributor
http://MightyNoStars.com
"He's about to learn the most important lesson in the music business-- 'Never trust people in the music business.' "
Nocturnal Productions Music Group
Drum! Magazine Contributor
http://MightyNoStars.com
"He's about to learn the most important lesson in the music business-- 'Never trust people in the music business.' "
- A.David.MacKinnon
- ears didn't survive the freeze
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- gettin' sounds
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I live in an area of cheap rent AND cheap land. I used to operate from my attic, but then I rented for several years because it gave me a better location for 24 recording, a bigger space and better HVAC than I could afford at the time. I eventually built a freestanding building for recording and rehearsals. Now I'm back to having an off-the-beaten path studio with crappy HVAC, but it works for me right now.
From a business/investment standpoint you could argue either way. Regardless, I would want to be able to make most of my treatments portable and make my space easily convertible should the need arise.
From a business/investment standpoint you could argue either way. Regardless, I would want to be able to make most of my treatments portable and make my space easily convertible should the need arise.
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- zen recordist
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I have a long-term lease and in the interest of maintaining my professional career when I had to move, I took the plunge and went for it. I have an option in my lease and once I get some of my initial debt paid off, I do plan to try to buy the space. But I had a pretty extensive business plan that I was pretty sure could handle my intentions and I was fortunate to find a space that was going to be for sale. That and my landlord's a really cool guy.
If I was going to sink a lot of money into it and I know it was going to work financially, I'd do everything I could to make sure that circumstances beyond my control (like my rent going WAY up after a year or two or the building getting sold to someone else) weren't going to be beyond my control for long.
Chris Garges
Charlotte, NC
If I was going to sink a lot of money into it and I know it was going to work financially, I'd do everything I could to make sure that circumstances beyond my control (like my rent going WAY up after a year or two or the building getting sold to someone else) weren't going to be beyond my control for long.
Chris Garges
Charlotte, NC
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- zen recordist
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I have a great landlord who has made provisions for me if he should pass away. The space was actually built out by someone else, and everything I've added can be easily removed, including many things from JWL's fine company. I'd love to buy my building and may someday. It has 3 apartments, and 3 business spaces including mine. If I worked the right deal, I could make my space bigger and gather rent from the other spaces.
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- TapeOp Admin
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Lease, wish I could have owned but don't even own a home right now. I love my landlords though!
Larry Crane, Editor/Founder Tape Op Magazine
please visit www.tapeop.com for contact information
(do not send private messages via this board!)
www.larry-crane.com
please visit www.tapeop.com for contact information
(do not send private messages via this board!)
www.larry-crane.com
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- zen recordist
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lease. the rent is killing me, but such is life in boston, where all real estate is completely !@#$%^&*() ridiculous.
if anyone wants to be a landlord in providence (i don't), here's a sweet-ass building for low dough:
http://www.loopnet.com/Listing/18765611 ... idence-RI/
if anyone wants to be a landlord in providence (i don't), here's a sweet-ass building for low dough:
http://www.loopnet.com/Listing/18765611 ... idence-RI/
- A.David.MacKinnon
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I probably don't know what I'm talking about but I'll put Toronto's completely !@#$%^&*() ridiculous real estate against Boston's completely !@#$%^&*() ridiculous real estate any day. Rent isn't totally unreasonable here but finding space is next to impossible. Anywhere that might possibly be suitable for a studio is about to, or has already become a condo. There are currently 111 condo buildings under construction and that's down 40% from last year.MoreSpaceEcho wrote:lease. the rent is killing me, but such is life in boston, where all real estate is completely !@#$%^&*() ridiculous.
if anyone wants to be a landlord in providence (i don't), here's a sweet-ass building for low dough:
http://www.loopnet.com/Listing/18765611 ... idence-RI/
If you're are lucking enough to have found a rental space you know it's just a matter of time until the place will be a hole in the ground.
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- zen recordist
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that's what's happening here too. there's a ton of condos going up all down my street. and fancy yuppie lofts. 1100 sq ft for $619,000.
me and ms morespace have a bunch of friends who are all like...we can't afford to live here any more. we're all looking to get out of here asap. it's not a bad city but it's just for rich people now.
me and ms morespace have a bunch of friends who are all like...we can't afford to live here any more. we're all looking to get out of here asap. it's not a bad city but it's just for rich people now.
- A.David.MacKinnon
- ears didn't survive the freeze
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It's feeling the same here. Most spaces usable for artists and musicians in the downtown core (ie: old disused industrial buildings and warehouses) became condos about 10 years ago. The arts moved east and west out of the core. The condos followed and pushed the arts (and folks looking for affordable housing) farther east and west.
Lately lots of musician friends have been leaving town and relocating to Hamilton (about 80KM west of Toronto).
Lately lots of musician friends have been leaving town and relocating to Hamilton (about 80KM west of Toronto).
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- zen recordist
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- A.David.MacKinnon
- ears didn't survive the freeze
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There's lots of empty industrial space in the rust belt from what I hear.MoreSpaceEcho wrote:cities of the future are gonna be nothing but condos and chain stores. the cool people will all be out in the country.
or maybe we should all just move to portland. larry you don't mind if we crash at the studio for awhile right?
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- zen recordist
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