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Business Profile

Real Estate Investing

DiversyFund

This business is NOT BBB Accredited.

Find BBB Accredited Businesses in Real Estate Investing.

Reviews

Customer Review Ratings

2.52/5 stars

Average of 82 Customer Reviews

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Review Details

  • Review fromJulian S

    Date: 02/27/2024

    5 stars
    Not sure if this was the case for people before but it clearly says a 4-6 year hold period in the fund. I've been investing monthly and on issues so far. would've been nice to see a return but I understand it's hard for this type of investment.
  • Review fromChuck H

    Date: 01/29/2024

    5 stars

    Chuck H

    Date: 01/29/2024

    I have been delighted with DiversyFund thus far. I do not understand why so many people are complaining. When I opened an account, the documentation clearly stated (in my case) that I could not touch (withdraw) my money for five (5) years. The documentation also clearly indicated that I would know the actual growth once the option opened for me to cash out or let the investment role over for another five (5) years. The documentation also stated no guarantees on return amounts, but an estimated figure was given. The growth is still more than my money would make in a traditional savings account. Understand that DiversyFund is a crowdfunded investment that allows non-accredited investors to invest in real estate. I own real estate, too, but after taxes, insurance, nonpaying renters, maintenance, upkeep, and renters who outright destroy property, you are much better off putting your money in DiversyFund. Good things come to those who wait; be patient. DiversyFund is not instant gratification; it will prove itself in time, AND you will be glad you waited.

    DiversyFund

    Date: 01/31/2024

    Thank you so much for the honest feedback, we appreciate you!
  • Review fromJohn C

    Date: 01/29/2024

    1 star

    John C

    Date: 01/29/2024

    I started in 2021 investing $500 every month till I have $5,000 invested in Diversityfund, The investment was supposed to mature in January **** which...at that point they were supposed to sell the properties and dispurse the profits to investors. It is now January **** and I haven't received ANY news whatsoever regarding disbursement of investments no NEWS whatsoever regarding ANY intention of continuing the investment ( which, Had they DISCLOSED that in CLEAR PRINT I would have never invested for 7 years in ANY REIT!)I invested $600 in a cryptocurrency 4 months ago that has already gone up to a little over $3,000, so WHY would ANYONE want to wait 5-7 YEARS unless the return is gonna AT THR VERY LEAST DOUBLE for THAT LONG .There are FASTER, MORE EFFICIENT, EFFECTIVE WAYS TO INVEST AND GET A FASTER, MARGIN of PROFIT than with a company that.....1. Has **** poor customer service.2. Doesn't COMMUNICATE with their investors.3. Conducts their entire business through the INTERNET only.4. Is UTTERLY IMPOSSIBLE to talk to a human being.I Live where their main location is ********* ** and I can't get ANY RESPONSE TO ANY OF THE MANY EMAILS IVE SENT They NO LONGER ARE LOCATED WHERE THEY STATE THEIR MAIN OFFICE IS LOCATED, and send no information where their NEW OFFICE IS LOCATED.*WARNING* ANYTIME YOU ARE INVESTING IN ANY TYPE OF INVESTMENT DUE YOUR DUE DILIGENCE AND FIND OUT ABOUT THE SECURITY, COMPANY, CRYPTOCURRENCY BEFORE INVESTING ANY FUNDS.*READ THE REVIEWS WHY ANYONE WOULD INVEST IN ANY TYPE OF INVESTMENT WITHOUT DOING SO IS BEING OBTUSE. BE WARNED. YOU WILL NOT HEAR FROM ANY CUSTOMER SERVICE FROM THIS COMPANY NO E MAILS WILL BE RETURNED & IM SURE A CLASS ACTION LAWSUIT WILL BE FILED AGAINST DIVERSITYFUND FOR THE MANNER IN WHICH THIS ALLEGED COMPANY CONDUCTS BUSINESS.THE CEO, AND TOP MANAGEMENT HAVE GOOD REASON TO AVOID INVESTORS ....SELF PRESERVATION

    DiversyFund

    Date: 01/31/2024

    Hi there,Apologies for your frustration and misunderstanding of what you invested in. Our term is 5-7 years for our funds, it is the nature of multifamily investing. This is clearly stated prior to making your investment and in the offering you signed. Varies properties are at different stages of their lifecycle and having investors withdrawal early would impact overall returns. You can always talk to a real person at ******************************** or schedule a call using this link:**********************************************************
  • Review fromMatthew M

    Date: 01/22/2024

    1 star

    Matthew M

    Date: 01/22/2024

    Do not invest your money with this company. It is difficult to get a hold of any kind of customer support. The webpage you use to access your account is full of links that do not work. I invested $500 in October 2019. It looks like I will never be able to withdraw my funds. My funds are supposed to be locked for 5 years. I'm hoping I can get my money out in October ****. It looks like others are saying the company keeps extending the deadline. The company claims the period is now 5 to 7 years and documentation can be found on the dashboard for your account. At the time I deposited my money. It said 5 years and not 5 to 7 years. More than likely, this company is a scam and should be investigated. I can't access any documentation as the link to it isn't working for the "Growth REIT". There has been no dividend paid for 2023. I'm guessing they lost money. You are better off going somewhere else to invest your money.

    DiversyFund

    Date: 01/31/2024

    Hi there,Apologies you have not been able to contact us. Please email ******************************** or schedule a call here:********************************************************** We would happily go through all of your investment timelines with you.Thank you.
  • Review fromMichele G

    Date: 01/07/2024

    1 star

    Michele G

    Date: 01/07/2024

    I agree with most of the statements below. The lack of communication is staggeringly horrible. I have investments in other REITs that are great...this one is terrible. Like someone said below, it seems like they have not reinvested dividends. While I'm sure they have, their platform design is not very transparent. I've been trying to reach someone...anyone, to plan an exit strategy at the end of my 5-7 year term, mostly because I'm making better returns on my other REITS. I tried email and phone to no avail. I tried to schedule a call, which was cancelled. I'm sincerely hoping that I can get my money back at the end of the term, but there is NOTHING in the terms or anywhere on the website as to how to do so. The fact that you cannot get in touch with ANYONE is extremely concerning. Would not recommend this company at all.

    DiversyFund

    Date: 01/31/2024

    Hi there,We just sent an investment update for our REITs, please review your email. If you have any questions you can email or live support at ******************************** or schedule a call using this link:********************************************************** Thank you.
  • Review fromNolan K

    Date: 12/03/2023

    1 star

    Nolan K

    Date: 12/03/2023

    This company is a sham. I have tried to contact someone for over a month with no luck. They promise certain returns and blah blah blah but there has been no payouts or contact for years now. It's most likely a ponzi scheme or some kind of scam imitation REIT. Invest your money elsewhere because this "company" is no good.

    DiversyFund

    Date: 01/31/2024

    Hi there,I can assure you we are not a scam or ponzi scheme, your investment is in actual real estate, this is why you cannot pull your funds out early. This is the case for all investors. We have a live support team that can always be reached at ******************************** and you can schedule a call using this link:********************************************************** Thank you.
  • Review fromJores P

    Date: 11/08/2023

    1 star

    Jores P

    Date: 11/08/2023

    If i could give this business a zero i would. they are the absolute worse and i am going to email every single person who hasn't gotten their money back to start a class action lawsuit. the business is a Ponzi scheme. they need your money to make investments. they make all the profits with your money. If everyone withdraw at once the business will die just like a Ponzi scheme. they cannot afford to pay everyone back at once which is why they say 5-7 years. a lawsuit will end it all. i'm tired of trying to contact them. i just want my money back.

    DiversyFund

    Date: 11/09/2023

    Hi Jores,Apologies for your frustration. I can assure you that we are not a ponzi scheme, we are 100% compliant with the SEC. Our investments are in properties. The reason why you or any other investor cannot withdrawal funds early is because of the nature of the investment, in properties. We very clearly state this in all of our messaging and legal documents you agree to. Please see all of your agreements on your documents tab.Please read our FAQs:*************************************************** Or reach out to one of our specialists to answer your questions at *********************************
  • Review fromEric J

    Date: 10/10/2023

    1 star

    Eric J

    Date: 10/10/2023

    Stay away from this platform. The investments are misrepresented. After investing, they do not follow through on updates, do not provide the information their operating agreements stipulate, and instead spend all their time and effort trying to lure in more investment in even riskier instruments like their Series A.

    DiversyFund

    Date: 11/14/2023

    Hi there,Apologies for your confusion and frustration. We do not misrepresent our investments by any means, they are long term and illiquid in nature. We invest in actual Multi-Family property. We provide all of your legal documents in your account. We provide property and fund level updates via email and directly on your account.Please email us at ******************************** if you have any specific questions about your account.
  • Review fromDezerae H

    Date: 09/26/2023

    1 star

    Dezerae H

    Date: 09/26/2023

    They will not give you your money back, I like ******** much better!

    DiversyFund

    Date: 10/13/2023

    Hi there,Apologies for your confusion. Our investments are illiquid in nature and hold atleast a 5 year holding period, we are very transparent about this process. We buy properties, renovate, raises rents, then ultimately sell the asset. During this time period we do not allow any investors to liquidate. Please feel free to reach out to us at ******************************** and we would be more than happy to answer any questions you have.Thank you
  • Review fromJulius B

    Date: 07/28/2023

    1 star

    Julius B

    Date: 07/28/2023

    This company made it unavailable to speak by phone with customers service after two years investing. I started with ****** dollars. After two years this company stopped reinvesting my gains and now I cant withdraw my investments. But the keep emailing me to invest more

    DiversyFund

    Date: 07/31/2023

    Hi there,Apologies for your confusion, you can always schedule a call with our support team at this link:********************************************************** Your dividends accrued were indeed reinvested into the fund. Dividends were given prior to the close of taking investment. Please not your current balance does not represent your total return of investment.Please schedule a call and we would love to answer any questions you may have.Thank you.

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