Tumor Induced Osteomalacia (TIO) is a rare paraneoplastic disorder characterized by hypophosphatemia, high serum alkaline phosphatase, reduced active vitamin D, suboptimal bone mineral density, bone pain, fragility fractures, and muscle weakness. This paraneoplastic disorder is caused by secretion of Fibroblast Growth Factor 23 (FGF23). In TIO, FGF23 is secreted by mesenchymal tumors that are usually benign, but are typically very small and therefore difficult to locate. Diagnosis of this disease is often challenging. In this article we describe two clinical cases, diagnosed and treated at our institution. The two patients suffered from bone pain, severe osteoporosis and hypophosphatemia for several years. Ga68-DOTANOC PET/CT was very effective in localizing the tumors. In both cases, complete tumor resection was performed, resulting in immediate normalization of FGF23, phosphorus and vitamin D. Subsequent microscopic examination revealed a phosphaturic mesenchymal tumor. The authors emphasize the importance of the diagnosis of this disease that leads to surgical removal of the causative tumor and consequently the prevention of severe disability and perhaps even death.