Rainbow Realty Group Inc

Flew out here to view properties. Look at 6 in total and this is what was discovered.
No property actually had locks or anything to over where the door handle and locks would be - leaving it open for insects to get in and do damage.
In Anderson
1. 1615 W 15th St - house is set to be demolished (verified with the city)
2. 316 S Morton - listed as a grade 2. Neighbor stopped us to tell us that the previous people had the roof fall on them while sleeping. Inside smelled like urine, uneven floors, ply wood put up to hide the whole.
3.1512 Pearl S - busted windows, urine smell, no electrical (ripped from the wall) and no yard for $85k? Maybe 5k.
4. 1630 Raible - okay but needs a lot of work.
In Elwood
5. 425 N 9th St - set to be demolished
6. 1622 S G St- needs to be demolished. Floor is failing. The kitchen sink was starting to fall, a lot of floors weak. No way anyone could live there.
These houses would cost too much to repair for the size. A few people told us they have seen people move in and out so many times and they just keep reselling. It is a scam!!

On Friday July 12th 2024 I called and inquired about a listed property in Greenfield IN I wanted to look at. I was told to text my ID to a specific number that was provided to me and I would be provided a code for a door lock on the home. I was also told I had 24 hours with this code to enter the property so I could view it. I went on Saturday July 13th of a morning and drove over an hour to see the property. Once my husband and I arrived. The home had squatters inside of it. Upstairs windows open, back door open and two vehicles parked in the drive way. I immediately called Rainbow Realty and immediately reported it while I was still at the property. I then contacted the number I had sent my ID to in order to view the home. I provided them with information pertaining to the home and the squatters. As expected. I got absolutely no response. The gentleman I spoke to at the Rainbow Realty office took my information and said he would notify the police and the Rainbow Realty maintenance man. I don't understand how a realtor can not maintain their properties and allow such things to happen. Waste of gas and my time. As well as being an absolute horrible experience. I will continue with Zillow for my country home search from this point on. Lesson learned. Rainbow Realty is not a trusted realtor and I most definitely will not be buying a home at all from them now‼️ 0 stars!!

This company will sell on contract with just anybody. This is an upated review. These are pictures of the back of the kind of people they "sell" to. Sad...The neighbors that we have been cursed with forged paystubs to get approved, meaning Rainbow Realty does NOT verify employment nor do they do criminal background checks before approving people. In return the whole neighborhood has been cursed with tenants who disturb our peace with raging alcoholic and literally tears the walls down, busting out windows etc. In 1 week there were 9 police calls to the address of tenants. Numerous calls to 911 were made and also Numerous calls to Rainbow Realty including a call from impd. The other night the same happened, the raging alcoholic tearing up the house, outside screaming and cussing at the top of his lungs. Police was there 2 times in less than 1 hour. Upon contacting Rainbow, they simply say there is nothing they can do about the problem. Next step is filing a civil complaint with the city against the Realty company. Bottom line is criminal background checks and employment verification needs to be a must. I sure hope Noone else has to deal with unruly neighbors like us because here is literally NO peace here.

Grade #1 is usually one of the best properties.
Grade #9 is usually one of the worst properties. This is the grade system. The home we viewed was a 2.
The floor was collapsed in the kitchen, they patched the holes in the walls with blue painters tape then painted over it. We saw photos of the home 19 months prior it was in decent shape.
They don’t care about squatters in homes.
I drove 17 hours to view the homes, now I am driving 17 hours to move back.
If you want a slumlord, send it bud.

I also have not bought from them yet, but I have viewed several different cheap properties, and the website and people are VERY transparent.
They rate the house from 1-9 and explain what each rating means. Even a 2 means will need some work to be inhabitable. They’re very clear that these houses will never be move in ready but they’re a decent opportunity for someone to put in the work if credit and rental history is a problem. They even make you do a walk through and suggest you bring an inspector and you sign off on what’s wrong with it.
These comments about the conditions of the houses on payment are laughable.