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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

Average of 82 Customer Reviews

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Review Details

  • lindsey T

    Date: 08/10/2022

    lindsey T

    Date: 08/10/2022

    I been trying to log in to their online account and app and seems like its non-working. How can a legit company have their website and app down. As im reading im starting to fear we all got scammed. We need to do something. Very concerning.

    DiversyFund

    Date: 12/13/2022

    Hi *******,It appears you have been having some issues accessing your account, but you have never reached out to our customer service. Please email us at ******************************** and we will answer any questions you may have and help you get into your account if need be.Thank you,***********

  • JR R

    Date: 07/28/2022

    JR R

    Date: 07/28/2022

    I'm beginning to doubt their accounting practices with this diversityfund I'm beginning to lose trust in the company that I thought I have a good investment in this do sounds like a pyramid scheme or a ponzi

    DiversyFund

    Date: 12/13/2022

    Hi JR,I can assure you that we are not a ponzi scheme, we are SEC monitored. Pleaser see some frequently questions we get about the terms of our investments:Why haven't I received dividends in a long time?DiversyFund Growth REIT is intended to be a growth asset and not as much an income asset. In the beginning Dividends were paid out of income as the company was identifying and purchasing properties. Once the investment was fully funded, the company stopped the dividends and started putting all the investment money and income into purchasing good properties and making improvements to the properties to be able to raise rents and eventually sell the property for a higher profit (Growth Oriented).How long before I start seeing returns on my investment?Returns will primarily come as properties in the Fund are sold for a profit. Over the last few months, 3 properties have been sold and DiversyFund is planning on a Distribution toward the end of the year. REIT's are required to distribute 90% of profits annually to investors, but keep in mind this is a net number. Some of the funds were reinvested into new properties with good potential as well.How long before I can get my money out?The investment term was 5-7 years for REIT I. We're toward the end of the 5 year period, but the company has chosen to take the extended 2 years to continue the property improvements and/or give time to raise rents after improvements to improve property sale value. As properties are sold, we'll see more disbursements until all properties are sold and funds+ profits are received.Please feel free to reach out to us at ******************************** and we will happily assist you with whatever you may need.Thank you,***********

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