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RAD Diversified Website
RAD Diversified Overview
RAD Diversified REIT, Inc. presents itself as a real-estate investment fund/REIT aiming to simplify real-estate investing by offering both accredited and non-accredited investors access to a diversified portfolio of income-producing U.S. real-estate assets. Their advertised portfolio includes residential & multi-family properties, farmland, and other cash-flowing properties with value-add potential.
According to their public offering materials, RAD started offering its shares around 2019 — initial share price was US$ 10 — and at some point their site claims the share value increased to US$ 25.04 (as of July 2023, per their “NAV-based share value” calculation). They claim to distribute “dividends” (or “distributions”) periodically to investors.
RAD markets itself as a REIT-style investment vehicle giving ordinary investors (including non-accredited) exposure to real estate without needing to directly buy or manage property — promising passive income, diversification, and ease of entry via share purchase rather than property purchase.
Address
3110 E Guasti Rd
Ontario,
California
91761
Year Founded
2017
Operates In
California
Florida
Pennsylvania
Texas
Asset Classes
Multifamily
Accepted Investors
Accredited
highlighted review
Verified Investor
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"RAD Diversified is a complete scam !"
This is a Ponzi scheme from top to bottom. Paper profits along with lies and threats. The SEC is currently investigating and if justice prevails, Dutch Mendenhall and Amy Vaughn will be in jail along with everyone that still works there and are well aware of what is going on
Jerry M.
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"RAD Diversified Is Looking Like A Ponzi Scheme"
The Florida Attorney General's Office subpoenaed information from RADD companies in July of 2025. Their office is investigating complaints of fraud. I spoke with the investigator and I he said Dutch Mendenhall and Amy Vaughn are dodging him. I invested in the REIT in 2023. In the beginning communication was very often, and geared toward getting me to invest more money. Fortunately I did not. Now, many of the phone numbers I used at first with RADD no longer work. The numbers listed now are not answered, and they do not return my messages. I doubt I will get any of my money back. If you have invested with RADD companies and are feeling scammed, you are not alone. You can send information you think might help the investigator (Attn: Joe Strange) to OAG.ec.tpa@myfloridalegal.com You can also go to myfloridalegal.com to file a complaint if you feel like you are being scammed.
Verified Investor
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"RED FLAG - SCAM ALERT"
RED FLAG! As of 2025, RAD Diversified is operated by Brandon "Dutch" Mendenhall, Amy Vaughn, Mark Fraser, Gretchen O'Brien, and Lionel Beltran through entities such as RADD REIT, Omnicorp/Omnico, DHI Holding, RAD Capital, and The Seminar Solutions. Avoid at all costs. Check the Better Business Bureau (BBB), BiggerPockets forums, and Tampa County Clerk court records—there are numerous investor complaints and serious allegations against them. During a recent April 2025 webinar, RADD announced plans to file for Chapter 11 bankruptcy. Investors and former employees have alleged the following: Forgery of loan documents and CEO signatures. Creation of fake third-party appraisal companies to inflate property values. Other fraudulent activities, including covering up sexual assaults by Directors. Frozen Regulation A REIT distributions. Stopped payouts for joint ventures, hard money loans, and debts—falsely claiming these are protected under the REIT freeze (they are not). The SEC and the Tampa Bureau of Financial Investigations are actively investigating these issues. I have personally been interviewed by both agencies. Don't be fooled by Dutch’s marketing tactics—leveraging military service, "making America great" themes, or promises of financial freedom. Don’t be swayed by the celebrity speakers he hires for his Wealth Summits, including Grant Cardone and Tucker Carlson. RADD and Dutch, et. al., are likely facing jail time for violations including: Breach of contract law; Violations of consumer protection laws due to deceptive practices; Fraud and misrepresentation; Debt recovery violations; Civil code violations related to financial transactions. STAY AWAY!
Verified Investor
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"Watch out for this one."
I invested over $250,000 with this company and have had no end to problems. They are all about how they rise above the average investment company. But, when it comes time to repay the investment, they freeze the assets and stonewall you on payments. I started with them nearly 3 years ago with all my IRA savings and have repeatedly requested repayment and closeout of my account, they can only say they are not accepting cashout requests until the assets are no longer frozen. But there are no actual dates defined. I fear this could be a Ponzi scheme, except from what I am hearing no one else has been paid any significant amount in the last 2 years. They are currently being investigated by the SEC and the FBI. All I can say is to be VERY, VERY careful where you invest. It can all go up in smoke.
