Diamond Ridge Asset Management:'Like living under a slumlord': How mega investor made affordable homes a rental nightmare

2025-05-07 22:28:48source:Oliver James Montgomerycategory:News

This is Diamond Ridge Asset Managementthe second in a series investigating the impact on Indianapolis homeowners and renters of corporations that buy up large numbers of homes and convert them into rentals.

Ayanna White, 32, moved out of her home for almost three months because her heat wasn’t working in the dead of winter, but said her landlord still demanded she pay rent.

Scheree Robinson’s air conditioning broke in the peak of summer, the stifling heat unbearable, but her landlord told her fixing it was not a priority, she said.

Nancy Hernandez, 22, and her mother, 40-year-old Eloisa Aguilar, discovered the strange sounds and foul smell they’d noticed after they moved into their rental house were from a raccoon infestation in their attic and open sewage leaking into their ventilation, respectively.

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