Kristen
$0 dividends after 5 months... stay away
It's been nearly 5 months since I received a dividend after investing 5 figures... this company is the worst! Do NOT invest with them. They do not have any clear communication about what's happening with your money. They don't post your account statements in the portal, you have to go and ask for them - what are they hiding? Oh, their POOR performance. I am so disappointed that I trusted their website and invested with them. Now my money is stuck until this REIT closes.. and I will barely get any returns. It makes me sick thinking about what I could've done with that money instead. This is the biggest disappointment. Take your money to a company who actually cares.
Response from DiversyFundMar 29, 2022
The REIT is designed to build wealth over an extended period of time. We acquire multifamily properties with approximately 200+units and do what is called a "value-add play". We add value to the building via renovations, this allows us to increase rents and it also means the renovated building is worth more than what we acquired it for. The properties we acquire are typically in areas with strong job growth and population growth and vacancy rates below the national average. Dividends are generated monthly from incoming rents and automatically reinvested on your behalf, while the fund is open for funding. Once the funding stage is complete, the investment term is approximately 5 years, allowing us to renovate and add value to the properties. Real estate also naturally appreciates over time. All of these things combined allow us to target a higher return. I've provided a few links below that might interest you: https://www.youtube.com/watch?v=llUC7YLD77Q https://diversyfund.com/how-it-works/?utm_expid=.F35yes2DRdOZOemscOFglA.0&utm_referrer=https%3A%2F%2Fdiversyfund.com%2F




