Wife went over to our office on Friday to pick up gear and was notified by the guy we're sub-leasing from that he was going to be leasing all 3 suites to the new tenant, a mortgage company (they moved in a month ago). Since we're on a month-to-month basis, we're out. He did say we could stay thru June and possibly July if needed. As you may remember, we have about 200 sq feet. We use it mostly for meetings, at most a half-dozen times per month. I've enjoyed the space but honestly, when the mortgage guys moved in they wrecked the vibe. Our front room used to be clean and had several gold records hanging on the wall (the guy we rent from). Now they're greeted by a pile of paper from the messy secretary and no more gold records. Incidentally, the guy who holds the lease is kicking himself out as well (kinda weird). When we moved in, month-to-month seemed like a good idea. It gave us the option of bailing if it didn't pan out. We've been there about 2 years. I had no idea that he'd decide to rent it out from under us. Lesson learned.
My initial thought was to go ahead and pay him for another month but this morning I had some clarity and thought, we don't have any meetings lined up and I have no intention on giving him another $500. I'm headed over this evening to clear everything out and will leave the key under the door. I'm thinking I may just setup a downstairs office in our home as a temporary studio/meeting space. We have a nice home, in a nice neighborhood, about 3600 sq feet. My wife is very timid about bring clients to our home, not to mention we have an indoor dog that will need to be put up, whenever someone comes over. Still not sure if I want to rent a new space or not. There are a handful of similar spaces in our town but in light of the new venue in Alabama, I'm not sure it's worth the investment. Overall, I think the studio has been paying for itself but I wouldn't call it overwhelming. Clients do perceive us as more legit when they go to a nice office space. Your comments or thoughts would be appreciated.
My initial thought was to go ahead and pay him for another month but this morning I had some clarity and thought, we don't have any meetings lined up and I have no intention on giving him another $500. I'm headed over this evening to clear everything out and will leave the key under the door. I'm thinking I may just setup a downstairs office in our home as a temporary studio/meeting space. We have a nice home, in a nice neighborhood, about 3600 sq feet. My wife is very timid about bring clients to our home, not to mention we have an indoor dog that will need to be put up, whenever someone comes over. Still not sure if I want to rent a new space or not. There are a handful of similar spaces in our town but in light of the new venue in Alabama, I'm not sure it's worth the investment. Overall, I think the studio has been paying for itself but I wouldn't call it overwhelming. Clients do perceive us as more legit when they go to a nice office space. Your comments or thoughts would be appreciated.
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