Is DiversyFund a legitimate company?

DiversyFund is a legitimate business with multiple real estate holdings in various entities, including the DiversyFund Growth REIT.

How much can you make on DiversyFund?

This revenue model has DiversyFund projecting it will make between 10 and 100 times the revenue of competitors. DiversyFund estimated it could collect $1.2M in project/developer fees, as well as a future income of $21.2 million on the sale of its acquired assets.

How does DiversyFund make money?

DiversyFund does collect rent on the properties your money is invested in and will make distributions to investors — however, your dividends are automatically reinvested to finance renovations and purchase new assets.

Does DiversyFund pay dividends?

Unlike similar Reg A+ REITs, DiversyFund does not currently pay any regular cash dividend. Notably DiversyFund’s distributions are primarily done as dividend reinvestments in the REIT itself rather than as cash.

How do I delete my DiversyFund account?

If you wish to delete your account or need help modifying account information, please contact us at [email protected]. We will require up to twenty-four hours (24) to process such requests.

Is DiversyFund FDIC insured?

This makes consumers want to immediately explore safer investments and decrease their risk exposure as much as possible. That is why investments are not Federal Deposit Insurance Corporation (FDIC) insured by banks and any loss is not covered by the bank or institution insurance.

How do I take my money out of DiversyFund?

DiversyFund investors can’t cash out of the fund until properties sell and the final distribution is made. There’s no guarantee this will occur at or near the five-year mark, as market conditions determine DiversyFund’s selling decisions. In other words, DiversyFund is a long-term investment.

What is the difference between Fundrise and DiversyFund?

DiversyFund automatically reinvests all dividends into its investments until a property is liquidated. Fundrise makes quarterly dividend payments to investors in cash. Fundrise investors may elect to automatically reinvest their dividends through its dividend reinvestment program.

How do I get my money back from DiversyFund?

How the returns work: According to DiversyFund, after properties are sold (at purchase price or for a profit) investors get their principal back and a 7\% preferred return before the company receives any profits.

How do I withdraw money from REIT?

Because the REITs aren’t publicly traded, the only way to withdraw money is to redeem shares.