I've been on this forum for quite some time now... rarely posting but reading lots. Most of my time has been spent in the studio design and construction forums.
Let me set up my question for discussion
I'm a 47 year ol High Tech executive. I have a small studio in a bedroom of my house, Almost all of my tracking is recording live bands but I produced and engineered a studio album for a band last year (tracked in a different location on my D8B and mixed ITB in Protools in my studio. I also produced and engineered a live album for another band last year.
Today I'm working on another full band live CD which I tracked this weekend. I'm also recording my first CD of myself (I'm also a singer/songwriter) in a studio in Austin with a producer and another engineer.
I have a house on 25 acres in the Texas Hill Country. My long term goal is to build a stand alone studio with a minimum of a live room, control room and two vocal booths as well as a small kitchen and bathroom facilities. I will most likely put a Control 24 with ProTools HD as the console and I already have plenty of preamps, mics, etc.. I also do a lot of live sound so this studio will have storage space with a roll up door and ramp for all my PA gear.
It will also have a pad with electricity and sewer for parking an RV on.
The plan is to have a hideaway space in the Hill country for artists to come and record. I will most likely focus on Acoustic acts, local bands, etc. I'm pretty connected in the business in the area and feel I could build up clientel relatively quickly. There are several other studios in the area but almost all of them are bedroom studios and small.
I found out this week that I will be laid off from my High Tech job of 13 years at the end of the month.
![Shocked :shock:](./images/smilies/icon_eek.gif)
Therefore I'm very seriously thinking about taking the leap of faith and going full bore into this business.
My question is what kind of income can I expect to make if I keep the building relatively busy with recording, rehearsals, etc?
Who out there is doing this full time and what advice can you give me?
Thanks for the great info on this board....db