![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/25020/small_1621363092-avatar-hbr.jpg?twic=v1/output=image&v=2)
I have commercial property that generates $144,000 per year on NNN leases. My mortgage totals $36,000 per year.
I am nearing a condemnation offer from the state due to a new bridge going through the property.
I hav...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/190578/small_1621432103-avatar-fortwayneinvest.jpg?twic=v1/output=image&v=2)
I have been asked about my comments of buying condemned houses. I thought I would put an example up of a real deal. House Bought for 8k (actually overpaid but like this neighborhood, and overall numbers worked)Rehab 1...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/650234/small_1694742252-avatar-dominickd8.jpg?twic=v1/output=image&v=2)
I'm looking at a park that is a pop owner who's owned it for 20 years and is in his 70's. It's priced at a 15% cap but about a third of the mobile homes are vacant and condemned. I want to see if I can even bring new ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/139956/small_1621418972-avatar-beckerrei.jpg?twic=v1/output=image&v=2)
I have a property I have been woking to get under contract for over a year 450k unfortunately,
the owners Uncle and Niece are in different states and don't speak, Any ideas with getting to common ground. the prope...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/416014/small_1621450184-avatar-candacee2.jpg?twic=v1/output=image&v=2)
I have a property given to me by my father. Its free and clear but has been condemned by the city. It’s estimated to be worth 35k “as is”. The property is in an area that is being heavily revitalized and very popular...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1462/small_1621345681-avatar-troyce1.jpg?twic=v1/output=image&v=2)
I had a property assigned to an buyer. The property was condemned, but the city would allow it to be rehabed.
The buyer decided that their costs were going to be higher than expected.
The contract states that the dep...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1208472/small_1621510217-avatar-stevenl175.jpg?twic=v1/output=image&v=2)
Hi i was wondering everyone’s experience with sites like foreclosure and auction.com. Any advice is appreciated. Thank you.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1950259/small_1695417266-avatar-kristianl9.jpg?twic=v1/output=image&v=2)
Hi. When you are analyzing a deal (house, condo, small multifamily) what % cash on cash are you looking to get? I have 5 doors and my average cash on cash is 12%I have a friend in Europe, he has 30% :) so he thinks 12...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/26988/small_1621363844-avatar-justdon.jpg?twic=v1/output=image&v=2)
A few days ago there was a article in paper,,,said city condemned a house nearby where I live,,bout 2 blocks away.
Long story short a policeman knocked on the door to discuss a dog bite incident,,,whenthe door open...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2492/small_1621346137-avatar-wrigley.jpg?twic=v1/output=image&v=2)
This is a legitimate case of condemnation for public use.
Here is the deal. An eminent domain move by the village will reduce our site by approximately 10%. We need to determine the fair market value of the land ...