Page 1 of 4 1234 LastLast
Results 1 to 10 of 37

Thread: shop rent?

  1. #1
    Join Date
    Nov 2006
    Location
    Delton, Michigan
    Posts
    17,475

    shop rent?

    have any you folks rented out your shop to someone that you trusted?
    and if so what is a fair price?
    are there any other things one needs to consider?


    i was approached last night for the use of mine for approx, 3 days from a long time friend. he has offered to pay for the use of it, but i have no clue as to how much to charge or if i should do it period. any advice would appreciated.. this person is expiernced in using the shop tools. has been in the building trade for many years. need to make a decision by the end of the week. thansk for your help in this
    If in Doubt, Build it Stout!
    One hand washes the other!
    Don't put off today till tomorrow!

  2. #2
    Join Date
    Nov 2006
    Location
    Southern Louisiana
    Posts
    947
    larry, the first thing that comes to mind is lawsuit. sure he's a long time friend but if something were to happen and he hurt himself you could be liable. i am not a lawyer so i don't know for sure. but it's something to think about.

    having said that it's a sticky situation. because i would let certain friends come use my tools, matter of fact i have already offered that to some of them.

    price is hard. because it almost seems like to make it worth it to charge him the price would have to be too high.

    what will he be doing in the shop? will he be dulling your blades and cutters? will he need the entire shop to himself meaning you cannot use it for 3 days?

    think about what one sharpening for all cutters he will use would cost. then go from there. I am sure he will burn some electricity but not a bunch, what about fuel for heat (can't remember how you heat your shop)

    i am sure there are more things to consider.

    hope that was some help
    good luck with your decision

  3. #3
    Join Date
    Oct 2006
    Location
    ozarks
    Posts
    4,993
    beer.......money isn`t good for friendships.

    unless he`s using it to make money....then a percentage.
    [SIZE="1"] associated with several importers and manufacturers.[/SIZE]

  4. #4
    Larry...

    I'll be interested in what you finally decide and how it turns out. I have a basic rule...I don't loan my tools. It's not so much the problem that they have a hard time finding their way home, and in your case that wouldn't even enter into it. It's the issue of damage, and just plain wear and tear. Most people I know who would borrow a tool would feel obligated to repair/replace in that event, but it can be a gray area. Suppose a tool was going to break the next time someone used it, and that someone was the borrower...should he replace it?...how do you even know that that was the situation? Maybe a tool acts a little "funny" the next time you use it...did the borrower do something? I've watched people use tools in a way I wouldn't, yet they would say they don't use their tools "hard"...matter of perspective. Fine by me, just don't use mine that way. I have told a couple folks that if it's a small job bring it over and I'll do it for you. But right up front I say come on in, have a homebrew, but I don't loan my tools.

    Good fences make good neighbors they say...not loaning tools has the same effect.

    And of course there's the potential legal issue that Chris mentioned.

    Cheers.

  5. #5
    Join Date
    Mar 2007
    Location
    Escondido, CA
    Posts
    5,173
    If you are not now insuring your shop and tools for commercial purposes, then no. Your homeowners does not cover it. Check with your insurance company. Many assume their homeowners cover them, but as soon as you accept the penny related to your shop and tools you are not covered.

    How do I know this? I taught a "Woodworking as a Business" course when I was teaching woodworking. Part of the drill was to invite in the professionals in the field. That included the insurance people. One versed in home insurance, one in commercial insurance. It was an eye-opener everytime.

    Bottom line? Don't assume anything. Don't assume nothing will happen. Don't assume that because he is your friend, he won't drop a lawsuit on you. Or his wife will should he drop dead while there. Don't assume you are covered insurance-wise.

    Stuff happens. How great is your risk tolerance? Talk to YOUR insurance agent.

    FWIW.

  6. #6
    Join Date
    Feb 2007
    Location
    Inside the Beltway
    Posts
    2,666
    I'm voting with Tod. An act of friendship is an act of friendship. Money shouldn't enter into it...

    Thanks,

    Bill

  7. #7
    Join Date
    Dec 2006
    Location
    Lakeport NY and/or the nearest hotel
    Posts
    5,533
    Larry,
    longtime friend= help him out and let him use it.
    It wasn't all that long ago that my Mentor opened up his shop to me, with no consideration of the liability issues, just a woodworker passing on some of his knowledge. Obviously this is a different case, but I'd say that at Most, a sharpening would be the maximum I'd hope for out of the deal.
    Last edited by Ned Bulken; 02-17-2009 at 01:28 PM.
    -Ned

  8. #8
    Join Date
    Nov 2006
    Location
    Delton, Michigan
    Posts
    17,475
    well here is the stats on this he isnt making money from this adventure,,its 3 cabs for his daughter who is going to be cuttin hair for a living. as for the timeing goes i figured so far i could have him use it, while i was at work and would tell him up frt, that the wknds were mine! as for law suits thanks fo rthe info i surmized that.. and he has never done that with anyone ,, but there is always a first time..as for the dropping dead part that hit kinda close to home carol... i found his dad that way on the ice several years back,, we are close and i was close to his dad as well.. so your right things can happena dn i would be foolish to think differntly..years agao i used his and his dads shop on a couple instances not for this long of a period as i remember but still i used it. i do remeber a comment about the cleanup one time, that i hadnt made the mess of.. but people are strange sometimes and the otherhting yu folks brought up was the doubt when it starts back up and sounds funny..alot to think about, but i dont want to be a snub nosed jerk either,,
    If in Doubt, Build it Stout!
    One hand washes the other!
    Don't put off today till tomorrow!

  9. #9
    Join Date
    Jul 2007
    Location
    DSM, IA
    Posts
    5,719
    Quote Originally Posted by tod evans View Post
    beer.......money isn`t good for friendships.

    unless he`s using it to make money....then a percentage.
    Sound advice if you ask me...
    A man is rich in proportion to the number of things he can afford to let alone. -Henry David Thoreau
    My Website


  10. #10
    Join Date
    Oct 2006
    Location
    Tokyo Japan
    Posts
    15,807
    Quote Originally Posted by tod evans View Post
    beer.......money isn`t good for friendships.

    unless he`s using it to make money....then a percentage.
    I'd have to agree with Tod on this one!
    The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
    William Arthur Ward

Similar Threads

  1. Shop sweet shop-UPDATE
    By Ken Cook in forum Off Topic Discussion
    Replies: 12
    Last Post: 09-24-2013, 07:31 PM
  2. great day for shop today, horrible day for shop today
    By allen levine in forum Off Topic Discussion
    Replies: 13
    Last Post: 04-07-2013, 03:51 PM
  3. Shop Renovation: Ned's Shop gets a facelift: Relocation plans
    By Ned Bulken in forum Carpentry and Construction
    Replies: 92
    Last Post: 10-31-2012, 12:06 AM
  4. Is the shop a dangerous place for our shop pets?
    By Tom Baugues in forum General Woodworking Q&A
    Replies: 18
    Last Post: 07-30-2012, 08:41 PM
  5. Shop - Organizing the clamps, finally! + Shop Tour
    By Rob Damon in forum Shop Tours
    Replies: 35
    Last Post: 02-09-2011, 04:16 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •