Stay away from RAD Diversified

Stay away from RAD Diversified

Member since 2025 · 48 posts · 38 votes

This company is a complete real estate and investment ponzi scheme.  Run by Dutch Mendenhall and Amy Vaughn, they solicit hard money loans (which they do not pay back) and joint venture real estate deals which they also do not pay back.  Not only do they not repay funds, they claim we owe them additional funding for renovations that never actually happen.  You can look for yourself by looking them up on Google.  They have over 100 pending lawsuits against them and counting.  Investors beware!

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Rental Property Investor · New Braunfels, TX · Member since 2022 · 408 posts · 408 votes
1y
Quote from @Tom Nagy:
Quote from @Stuart Udis:

Yes.  I have 3 joint venture deals that were presented to me as netting 170% profits in 2 years.  Apparently, not only did they sell at a loss, I didn't get any money back at all and they claim I owe them an additional $40,000 for "renovations" despite no work being done to the building at all.  I also have a hard money loan that has had a "freeze" on payments that were supposed to start a year ago.  They give no official closing documents, just internal documents that I'm guessing are fraudulent.


170% profit in two years is a HUGE red flag🤯
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  • Member since 2025 · 50 posts · 33 votes
    1y

    Great advice! Many of us have been doing this since 2024 but you are correct we need more numbers out there 

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