Investor · Fort Wayne, IN · Member since 2014 · 15 posts · 8 votes
I'm looking to get into a turnkey in the Indy area this year, and just wanted to see if anyone has worked with this company that we're planning to use. We've met the them a couple of times for a seminar that they put on. It was really informational and they do a bus tour of the city to show off some of their houses. They seem like a great company but just wanted to see if anyone had any experience with them.
It's Alpine Capital Solutions and Alpine Property Management. They also have a wholesale company called Wholesale Houses and a couple other entities. They're owned by a guy named Aaron Adams.
I'd love to hear from other investors who have had experience with them. Thanks!!
Agree with the earlier poster-- the folks in the office are great and super nice, but I have three homes with Alpine and the tenant quality is pretty disappointing. I have 11 late payments across two of the properties in the last 12 months. One of the three is barely at cash flow break-even this year due to lost rents and needed repairs after the last tenant broke the lease and vacated.
Coming here not as any investor, but as a tenant of Alpine Property Management.
If you have any heart or compassion in yourself you will stay away from this company. True slum lords and some of the worst customer service I've come across. Our basement flooded with a broken sump pump and had 4 feet of standing water (after we went out into the storm for 3 hours duct taping the shoddy sump pump job). It's been almost a week an no one has been out.
Oh yea, and it also fried our AC which is yet to be fixed.
Oh yea!!! And our fridge has now broken for the 3 time, with 3 full loads of groceries spoiled.
You call maintenance and they spit you the same BS "we'll have someone contact you as soon as they can".
@Matt Workman - I just saw your question about Alpine. Did you connect with someone at Alpine? I invested with them in the last year and have been very pleased.
I have been an out of state invester with Aline for five years. I have had nothing but problems. At present, I have only one thousand dollars in my Roth IRA . They sell homes in undesirable areas of Indianapolis. The rental office doesn't screen the tenants properly , which leads to squatters who stop paying rent, trash the place , and need to be Evicted at owners expense followed by a hefty rehab bill. The house had three tenants over five years . All profit has to be paid to the management company the last bill was $7,000.00 for Damage done to the property . I posted a review on bbb. Org. Alpine responded . They called me a slumlord ! They are the management company. No money to made here . I've been lied to by my agent which has cost me a lot of money over the years. Steer clear of Aaron and his web of deceit.