Real Estate Investing
RAD Diversified REIT, Inc.Find BBB Accredited Businesses in Real Estate Investing.
Reviews
46 Customer Reviews
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, BrentReview from Scott M
1 star07/28/2024
I closed my account in 2023 and was supposed to receive a payout July 2024, to which I have all documentation. After several attempts to email and call, I have not yet received a reply or an answer to get my money from them. Next steps will not be pleasant for this company should I have to go that route.RAD Diversified REIT, Inc. Response
07/29/2024
Scott, thank you for your submission. As a RAD investor, we value your business. 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
It’s vital to understand that the journey forward for us has a series of progressive steps:
1. The freeze, which is painful, is necessary for us to build reserves, pull equity, and meet commitments going forward.
2. Submitting all financials to auditors for REITs. RAD America has been submitted and Rad Diversified will follow soon.
3. Simultaneously improve our process and communication systems.
4. Portfolio loan against existing assets for immediate payment to investors. The loan is in process and through our financials and reserves we will achieve it.
I highly recommend you read the SEC filing and the 1U Amendment. Additionally, as stated above, for additional questions please contact *********@raddcompanies.com or at ***** ********.
Additionally, I sent Investor Relations an email to ensure they contact you to answer any additional questions and concerns. If you don't hear something in next 48 hrs, please reach out directly to me. We have had numerous zoom calls directly with our CEO to discuss the freeze and answer investor questions.
Thank youReview from Arnold C
1 star07/28/2024
Do not under any circumstances invest with this company. They are a sham. I invested in 2022 and have been trying since 2023 to pull my funds out and was informed about 6 months ago that they put a freeze on people taking their own money out. They are using the excuse that it's because of the economy, etc. but yet you see them starting new companies and investing in other projects with our money. I believe that it's time people started reporting them to the SEC, the news, etc. Dutch ********** is a fraud. No integrity and hides behind excuses as to why he doesn't want to give his investors their distributions and money. Anyone else notice that they haven't updated the stock price in quite a while? Keeping us in the dark while they play with our money.RAD Diversified REIT, Inc. Response
07/29/2024
Arnold, thank you for your submission. As a RAD investor, we value your business. We have had numerous Zoom calls directly with our CEO and other senior leaders on the freeze, RADD REIT share price etc. It appears that you are aware of the current 1U Amendment to our SEC Offering Circular.
Here is some additional information. 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
It’s vital to understand that the journey forward for us has a series of progressive steps:
1. The freeze, which is painful, is necessary for us to build reserves, pull equity, and meet commitments going forward.
2. Submitting all financials to auditors for REITs. RAD America has been submitted and Rad Diversified will follow soon.
3. Simultaneously improve our process and communication systems.
4. Portfolio loan against existing assets for immediate payment to investors. The loan is in process and through our financials and reserves we will achieve it.
I highly recommend you read the SEC filing and the 1U Amendment. Additionally, as stated above, for additional questions please contact *********@raddcompanies.com or at ***** ********.
Additionally, I sent Investor Relations an email to ensure they contact you to answer any additional questions and concerns. We have had numerous zoom calls directly with our CEO to discuss the freeze and answer investor questions.
Thank you
Customer Review Rating
Average of 46 Customer Reviews
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