Real Estate Investing
RAD Diversified REIT, Inc.Reviews
48 Customer Reviews
Review from James L
1 star03/09/2025
Me and my wife invested money with them and they keep giving us the run around and not answering phone calls I feel like I have been robbed with no gun. So what am I to do?Review from Billy L
1 star01/23/2025
Didnt live up to their claims and now the funds are frozen until they get more liquid funds but this does not seem to be happening. Now it is difficult to get in touch with anyone there and you cant get any response from them. The rad reit hasnt updated in over a year. They agreed to refund part of my membership fee to the inner circle but it hasnt happened and I cant get any answers as to when it will. And then any funds in the inner circle were supposed to go to my **** I just want my money back and any interest and gains that I am due.Review from David A
1 star12/12/2024
To ***** *....How long have you been working at ***? If you are not working there, you need to do some research on this Ponzi scheme.Review from chris m
5 stars11/27/2024
Great communication with my consultant updating me on what's going on.Review from cyndi b
1 star11/26/2024
I'm trying to log in my portal at RAD TO *******. I just saw where funds have ber frozen and my husband and I invested into RAD. Trying to reach someone. We want our funds back.Review from Diane G
1 star11/24/2024
I have the same problem as many here. I invested in ******************************************** redeeming my investment. Now they have this freeze. Total scam.Review from Tom P
1 star08/28/2024
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 backReview from Yubei F
1 star08/24/2024
I'm extremely disappointed with RAD Diversified. Despite their heavy advertising from 2020 to 2022, my experience has been frustrating and unprofessional. I invested $8,888 in October 2022, but when I attempted to withdraw my funds a year later, I was told I'd have to wait until after July 1, 2024, due to their convoluted withdrawal policy. After waiting the required time, I was informed of a temporary freeze on their redemption program, meaning I still can't access my money. This entire process has been a nightmare. My investment has been stagnant for 10 months, with no profit, and they continue to block my access to my own funds. Meanwhile, they bombard me with long, irrelevant emails and videos, including one about a staff birthday party. I've discovered numerous complaints from other investors facing the same issues. RAD Diversified seems to have no regard for their customers, making them wait for their money without any justification. Avoid this company if you value your time and money.Review from Edward L
1 star08/05/2024
Under no circumstances should you invest in this company. They will seize your funds and prevent you from accessing them for extended periods—sometimes up to two years, if they choose. Mine have been locked up for 1.5 years and counting at this point. On top of that, the returns are both low and slow. Despite making several emergency distribution requests between February 2024 and August 2024, their response is cold and terse: "The Board of Directors will reevaluate our cash position and decide if we will continue to recommence or continue to pause distributions. This will occur on/about 01 Jan 2025." They have no regard for you or your personal circumstances, no matter how dire they may be. Once in their possession, your money essentially becomes theirs and it will be extremely difficult for you to get any of it back. Even if you are in urgent need of your own funds due to illness or other emergencies, they will show no empathy and will deny access to your money.
RAD Diversified REIT, Inc. Response
08/07/2024
Edward, please reach out to *********@raddcompanies.com for any additional information or questions. You appear to have knowledge of the current 1U Amendment submitted to the the SEC Offering Circular.
Here is the link to our current freeze (1U Amendment).
The following link is to the 1U Amendment to our SEC Offering Circular and SEC Offering Circular itself.
https://www.sec.gov/Archives/edgar/data/1721469/000110465924076706/tm2418598d1_1u.htm
https://www.sec.gov/Archives/edgar/data/1721469/000110465922002821/tm222539d1_partiiandiii.htmReview from Sophia S
1 star08/05/2024
I contacted the company about making a withdrawal and was told I would have to wait over 6 months. Now I was told there is a freeze and so there is. I have never asked for a redemption and I am looking forward to getting my money from the company. I am very disappointed in whats happening with ***!!!RAD Diversified REIT, Inc. Response
08/07/2024
Sophia, RADD REIT distributions/redemptions are currently frozen (as you were notified). Here is additional information regarding the 1U Amendment to the SEC.
Under careful consideration, The Board of Directors has decided to freeze all distributions and withdrawals until 01 Jan 2025. This decision has been made due to record-high interest rates and the worst Real Estate economy since 2008. Most importantly, to protect you, the investor.
The Board of Directors will reevaluate our cash position and decide if we will continue to recommence or continue to pause distributions. This will occur on/about 01 Jan 2025. I want you to know this is a good decision that has been made by our Executive board to protect your investment.
The following link is to the 1U Amendment to our SEC Offering Circular and SEC Offering Circular itself.
https://www.sec.gov/Archives/edgar/data/1721469/000110465924076706/tm2418598d1_1u.htm
https://www.sec.gov/Archives/edgar/data/1721469/000110465922002821/tm222539d1_partiiandiii.htm
Please continue to attend RADD REIT update calls with our CEO that are scheduled monthly and reach out to *********@raddcompanies.com for additional questions or concerns.
Thanks, Brent
BBB Business Profiles may not be reproduced for sales or promotional purposes.
BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.
When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.
BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.
As a matter of policy, BBB does not endorse any product, service or business. Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation. BBB charges a fee for BBB Accreditation. This fee supports BBB's efforts to fulfill its mission of advancing marketplace trust.