Within 6 months of putting the property on the market, we sold the now warehouse facility for $1,075,000.Let us know your thoughts about purchasing below TRUE market value, and strategies you’ve used to build real estate equity/wealth.

We bought a 140 unit fixer facility in Louisiana awhile ago and are having a tough time filling it up.

Could be tough for the area, but also might be a great opportunity too for some large manufacturing facilities to go in there or logistics operations with all that land and location.Good luck and best wishes.

Irony of your analogy is that oil and gas production needs to drill many holes to succeed. 

Hi everyone,I own a 7-bedroom, 4-bath home in Montgomery, AL, and I’m exploring the idea of turning it into a group home or sober living facility.

This was the most high risk investment I've ever seen, and keep in mind I've done oil, gas & mineral exploration investments so that's really saying something. 

Investment Info:Other commercial investment investment.Bought the facility in the fall of 2022.

Sub $50k houses work well as the snake oil not only for the "distortion by contrast" effect you outlined but also from a basic practical sense in that it's hard to find a lender on that asset class (which would require inspection/appraisal/professional eyeballs on the deal). $50k is also conveniently too big for small claims court but not big enough to interest many lawyers.  

That's a real bait and switch scummy thing to do, but I guess I shouldn't be surprised these days. keep in mind this is not usually bait and switch it could be and they are not being scummy.they simply are at the whims of thier senior credit facilities wants and needs..

Other option is to continue down the self storage facility path, do nothing, or list it.