1) Acceptance of Terms
By clicking “I Agree,” creating an account, or remitting the monthly membership fee, you acknowledge that you have read, understood, and agreed to be bound by these Terms of Service (TOS), which govern your membership in the Passive Income Investment Club (PIIC), a community offered by Homeclub, LLC, DBA Homeclub Capital (referred to herein as “We,” “Us,” or “Club Managers”). These TOS, along with our Privacy Policy, constitute the entire agreement between you and us.
2) Nature of the Club and Disclaimers
A. NOT A BROKERAGE OR FUND: The PIIC is a member-driven networking and resource community. We are NOT a registered broker-dealer, investment advisor, or pooled investment fund. We do not provide personalized financial, legal, tax, or investment advice.
B. MEMBER-SOURCED OPPORTUNITIES: All business, real estate, and investment opportunities presented within the Club are sourced and sponsored by individual members (“Presenting Members”)—not by Club Managers.
C. INVESTMENT RISK: Any decision to invest in a presented opportunity is made solely by you after conducting your own due diligence. We do not endorse, underwrite, or guarantee the performance of any presented deal. Investment in private ventures is highly speculative, illiquid, and involves a high degree of risk, including the potential loss of your entire investment.
3) Membership
A. MEMBERSHIP FEE: Membership requires payment of the stated monthly fee (currently $59.00), which is recurring until cancelled. Fees are subject to change upon 30 days’ posted notice to members.
B. FEE COVERAGE: The monthly fee grants you access to the member platform, pitch sessions, monthly meetings, networking events, and the right to present opportunities for potential funding. The fee is for access and resources only; it is NOT an investment in any fund or venture.
C. CANCELLATION: You may cancel your membership at any time through your member portal. Cancellation is effective immediately after you delete your subscription. No refunds will be provided for full or partial months.
Waiver of Club Benefits: If you cancel your membership while invested, you acknowledge and agree that you permanently waive access to all Club benefits, including the member platform, pitch sessions, networking, and any ongoing deal updates provided exclusively through the PIIC member portal.
4) Due Diligence and Investor Responsibility
A. MEMBER VETTING: While Club Managers perform an initial review of presented opportunities for basic completeness and adherence to general criteria, this review is NOT a guarantee of quality, legality, or potential return.
B. YOUR RESPONSIBILITY: You are responsible for performing your own comprehensive due diligence, analysis, and risk assessment before committing capital to any opportunity. This includes, but is not limited to, reviewing legal documents, verifying financials, and consulting with independent professional advisors.
C. OPTIONAL SERVICES: Optional, fee-based underwriting and due diligence services offered by Club Managers are administrative in nature and do NOT constitute investment advice or a recommendation to invest.
5) Investment Structure and Eligibility
A. SEPARATE ENTITIES: Investments resulting from Club introductions will be made directly into the Presenting Member’s business or investment vehicle (e.g., a separate LLC or Partnership). Your relationship as an investor is primarily with the Presenting Member and their entity, not with the PIIC or Homeclub Capital.
B. ACCREDITATION: The Club is open to both accredited and non-accredited investors. However, certain individual opportunities may only be available to Accredited Investors as defined by the Securities and Exchange Commission (SEC). Presenting Members must clearly state any eligibility restrictions for their specific deal.
6) Code of Conduct
All members must adhere to a professional and ethical standard of conduct. Members agree not to:
1. Use the platform to promote unrelated goods, services, or schemes.
2. Misrepresent their credentials, experience, or the nature of their investment opportunities.
3. Engage in harassment, spamming, or disruptive behavior.
4. Solicit any member outside of the approved platform.
7) Limitation of Liability
TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT SHALL HOMECLUB CAPITAL, THE PIIC, ITS AFFILIATES, OR THEIR RESPECTIVE OFFICERS, DIRECTORS, OR AGENTS BE LIABLE TO YOU FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES WHATSOEVER arising from or in connection with your use of the PIIC, including but not limited to any investment decisions made or any losses suffered as a result of relying on information or opportunities presented through the Club.
8) Governing Law
These Terms of Service shall be governed by the laws of the State of Florida, without regard to its conflict of law principles.