Investors make a lot of their money by buying distressed properties at a discount. What if the reason the property is distressed isn't the property at all? What if the Government that is in charge of the property is distressed? In the 1,111th episode of The MLS Search & Analysis Show James Wise goes over the numbers on a fourplex that would make for a good BRRRR investment. However, this 4plex isn't distressed. This quadplex is located in Newburgh Heights, Ohio. Newburgh Heights, Ohio is a tiny village located just outside of Cleveland that is ran by Mayor Trevor Elkins. Newburgh Heights Mayor Trevor Elkins is a Mayor under criminal investigation, who many believe is abusing his power and artificially hurting the housing values of Newburgh Heights. James Wise discusses how Trevor Elkins' running of Newburgh Heights will effect real estate investors thinking about buying in the Cleveland area Village. In addition, we take a look at Linndale Mayor Ashlee McLaughlin and her alleged abuses of power and how they correlate with those of Newburgh Mayor Trevor Elkins.

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Crooked Newburgh Heights Mayor Keeping Housing Values Low? | MLS Search & Analysis 1,111 - 4024 E 26

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