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Find a Location

RAD Diversified REIT, Inc. has 1 locations, listed below.

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    Business ProfileforRAD Diversified REIT, Inc.

    Real Estate Investing
    Revoked BBB accredited business

    Current Alerts For This Business

    Accreditation Revocation:
    On 03/07/2024 this business's accreditation in the BBB was revoked by the BBB's Board of Directors due to failure by the business to adhere to the BBB requirement that Accredited Businesses meet and abide by the following standards:

    6. Address disputes forwarded by BBB quickly and in good faith.

    6A. Provide a response to each complaint that:
    • Is professional,
    • addresses all significant issues raised by the complainant,
    • includes appropriate evidence and documents supporting the business' position, and
    • explains why any relief sought by the complainant cannot or should not be granted.


    6D. Cooperate with BBB in efforts to eliminate the underlying cause of patterns of customer complaints that are identified by BBB.
    Pattern of Complaint:
    BBB files indicate that this business has a pattern of complaints concerning a failure to deliver payments on time for investments and hard money loans. Customers allege they didn't receive distributions that were due in January 2024, ranging from $1,000.00 to $500,000.00. The business has provided the following response to recently filed complaints:

    "Please see our 1U Amendment to our offering.  This is a temporary action that will be reviewed in 90 days by our Board of Directors.   

    "On February 1, 2024, the board of directors (the “Board”) of RAD Diversified REIT, Inc. (the “Company”) decided, in accordance with the terms of its Share Redemption Program, to temporarily freeze the Company’s redemption program, effective February 1, 2024.  The Company will not process any pending requests that have not been redeemed as of February 1, 2024 nor will it accept any redemption requests after February 1, 2024. Pending redemption requests will remain in queue until the Company recommences the redemption program. The Board intends to reassess this decision to determine whether to recommence the program or to continue to pause the program no later than April 1, 2024."

    Here is the link to the amendment.

    https://www.sec.gov/Archives/edgar/data/1721469/000110465924010029/tm245122d1_1u.htm

    Please contact [email protected] for further information or feel free to reach out directly to me.

    Thank you for your understanding in this matter."

    At-a-glance

    Customer Reviews

    3.07/5stars

    Average of 42 Customer Reviews

    Customer Complaints

    71 complaints closed in last 3 years

    62 complaints closed in last 12 months

    BBB Rating & Accreditation

    Years in Business: 7

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Overview

    RAD Diversified REIT, Inc. has a reliable system for investing in residential, commercial, and farm and ranch land across the U.S. Build your retirement with real estate and ensure you "leave your legacy".

    Products & Services

    We Turn Ugly Into Pretty
    Our purposeful actions repair each broken asset we acquire. Every property is reborn to achieve quality living standards. Restoring dignity to the home and pride to the family who will live there. As you can see with the before & after photos and videos included, we bring new life to each asset we purchase.

    Business Details

    Location of This Business
    5404 Cypress Center Dr Ste 320, Tampa, FL 33609-1023
    BBB File Opened:
    7/20/2021
    Years in Business:
    7
    Business Started:
    5/11/2017
    Business Incorporated:
    7/5/2017
    Licensing Information:
    This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
    BBB records show a license number of 024-11020 for this business, issued by Securities and Exchange Commission

    These agencies may include:

    Securities and Exchange Commission

    450 5th Street, NW

    Washington DC 20549

    (800) 732-0330

    Type of Entity:
    Corporation
    Hours of Operation

    Primary

    M:
    9:00 AM - 5:00 PM
    T:
    9:00 AM - 5:00 PM
    W:
    9:00 AM - 5:00 PM
    Th:
    9:00 AM - 5:00 PM
    F:
    9:00 AM - 5:00 PM
    Business Management
    • Mr. Brandon Mendenhall, President/Director
    • Ms. Amy Vaughn, Co-Founder
    Contact Information

    Principal

    • Mr. Brandon Mendenhall, President/Director

    Customer Contact

    • Mr. Brandon Mendenhall, President/Director
    • Ms. Amy Vaughn, Co-Founder
    Additional Contact Information

    Phone Numbers

    Website Addresses

    Customer Complaints

    71 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Customer Reviews

    42 Customer Reviews

    What do you think? Share your review.

    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Tom P

    1 star

    08/28/2024

    THis is a dog and pony show AND a TOTAL SCAM! Their contracts do not allow you to have ANY RECOURSE AT ALL WHEN - yes I said WHEN they steal ALL of your money. They stole over 100K from me and refuse to give it back

    Local BBB

    BBB of West Florida

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