After more than a year of searching, we’ve finally found a great building, large enough to accommodate our entire operation under one roof. At nearly 14,000 sqft, it is the space we’ve dreamed of for more than 10 years. The space is perfect EXCEPT it’s next to the transitional housing facility, city sanctioned tent city, the soup kitchen, and the food bank. We’re an auction house and our customers would come to the facility to drop of their consignment items and to pick up their winning bids.
I’ve thought about electronic access with fencing to the street with gates, but will that be enough to deter them? Am I making a horrible decision with my life savings?
If it goes to hell and you have too many claims, your insurance company will drop you.
Any new insurance company will charge you up the ying-yang, if you can even find it. No insurance companies don’t want to take on guaranteed loses.
Just the absolute worst idea in the world to buy that building.