Quote:
Originally Posted by Sprintey
Agree on pretty much all the points above. To actually make stuff, getting dirty and making noise is a thing.
Is there any way he could buy his own workshop? I priced one in local region at 400K (that's probably on the exxy side, wait 18-24 months...) and how much would you need to make clear of expenses to pay it out in 4-5 years? Sorry if this is naive, just dislike renting stuff.
If he's a carb wizard then there will always be demand.
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My old mechanic owned his workshop; proved to be a great investment when he retired.
I suppose you would have to look at rental payments compared to mortgage with how much your business income you are making but it in my opinion it is worth considering.