Your only legal remedy is to sue them and then you will not collect.

Ours is an entrepreneurial club primarily for networking with a light sprinkling of education and practical, mutual problem-solving thrown in the mix.

Keep in mind that they will be more reasonable with a deal that just happended to be structured like that than they would be with a business practice that runs that way.

I've tried in the past, and found that I'm generally too soft on tennants to be a good landlord, but I'd like to re-evaluate that situation and build a book of income property, so I'm hoping to glean some advice and possibly some practical solutions to address my landlord shortcommings before I jump back in to that segment of REI.I hope that gives a little more detail on me, and again I appreciate the warm welcome thus far.

For example:Closing on Purchase: MECash down payment: YOUFind tenants: MEScreen tenants: MEPrepare and sign leases and other dox: MEManage property (maintenance, escrows, rent collection): MEDecide to sell: BOTH OF USList property and conduct closing at sale: ME...From this you can better understand and justify an equity split.

Never mind that we'll need to legally modify several million loans, involving drawing up new documents, collecting signatures, updating systems, etc.Oh and we'll just ignore those stodgy old servicing contracts that our investors try to hold over our heads - I'm sure they'll understand, after all Sheila said it was OK!

Sell a $600K house per day as a super agent.Rehab/Flip 4 houses per week at $20K profit.Own and run a mid-sized medical practice.Own and run a large landscape maintenance company.Consistently bat .300 in the big leagues.If only I would have practiced more.......

I signed up and have a new phone number but before I go "live" and let everyone know via email and business, wanted to see how well it's working for people in practice...

They are showing people around and collecting info.Now, a smart sales person will be able to work with the people who arrive more than just a host.

I suspect you will find you have zero legal rights to use any part of it other than qhen quoting small sections in reviews, etc.At a practical level it will not been too big of a deal.