WATCH THE VIDEO ABOVE ABOUT SURPLUS FUNDS TO AVOID GETTING SCAMMED!
WATCH THE VIDEO BELOW ABOUT COMMON FAQS -
Is This Legal?
Yes, it is legal. There is a similar program for sale that deals specifically with tax sale foreclosures - surplus funds and deed acquistion - that uses an entirely different method and our system is far more 'bullet proof'. There are differences from State to State but all of our documentation is designed to work within the guidelines of the most stringent State.
What Kind of Money Can I Expect to Make? How Fast? Expenses?
This is NOT a 'get rich quick' system. However, if you work it hard, you can make a very good income. We are not trying to 'skirt' around the question, but we don't know your motivation or your work ethic. So, here are some figures that should help figure out what kind of money you could make. For the sake of argument, let's assume that you are going to start out as a 'researcher' with the system:
1. The average overage or surplus funds and/or estate monies file amount in our experience is over $10K. There are enough files out there at $20,000+, that you probably won't ever want to go after anything under $20,000.
2. On Surplus Funds and Estates we pay 8-15% as a researcher fee for folks that send us full, complete files, a break down of who is owed, and contact info on the individuals/entities owed the money (remember they are not criminals, they are not hiding). We will then hire the attorney as needed, pay them out, and strike the deal. When everything is in order, you will receive your check. At 8% of gross, with you going after a min. of a $10K deal(average is closer to $25K for overages and $35K for estates), you're looking at $2,000 per deal (at $25K average). If you confirm that you have the correct person, that percentage goes to 15% of the gross. However, that usually takes at least committing to a subscription based skip trace program. ALL PERCENTAGES ARE ON GROSS AMOUNT HELD BY THE COURT - NOT SOME 'PHANTOM NET' NUMBER THAT COULD BE MADE UP.
3. On the Deed Flip and the Redemption books, we partner up and give you a cut of the net profit!
4. With the correct address and phone number, we will strike a deal with worst case 30% of the folks we reach. You can easily find us 5 deals per week. At first, it will probably take you an hour per file. Eventually, with experience, you can get that down to 1/2 hour per file. We'll be able to find about half the people.
4. Your expenses? With the surplus funds and estates ebook, you have to get the list - which, even using our resources, can take a week or two - and will have to pay for copies. Usually, your first list - which will keep you busy for some time - will cost you $20-$50. You have to open the physical file and make copies of certain documents from each file. So you will have to spend a few dollars per file. Of course, you will have parking costs at the court house. There is no necessary licensing cost, incorporation, etc. - unless of course you want to get incorporated for tax reasons. That can be put off until you get your 'feet wet'. You can send the file into us via email, snail mail or fax.
5. On the deed flip or the redemption books, you're looking at simply going through the info at the court or the sheriff's office (parking). In redemption, finding the surplus funds list can also be helpful, see the cost for that above.
6. How long before you get paid? For Surplus funds and estates, in most States, we can strike a deal with the rightful claimant or heir 6-8 weeks from when we get the file, if you provide correct contact info. It can be a few months if you do not provide contact information. In States where a high percentage of the population is of a more transient nature, that time period can be longer.
7. For redemption, you're looking at a month or two from when you put deal together.
8. For deed flip, if you work properties set to foreclose soon, add a 2 weeks to 2 months to the scheduled foreclosure date.
Do the math here. If you work only 5 surplus funds/estates deals per week, and just send 5 files with required doc's into us(2.5-5 hours work), you could be seeing 3 checks a month starting in a few months. However, you can't just send in 5-10 files and expect to get paid. This is statistics. You have to send in 20 files to start seeing pay. AND you need to consistently send in files. 20 hours a month, to get over $300/hour - worst case - is worth it.
For redemption and deed flip, just one deal per month can turn into tens of thousand of dollars per month!
How is this Program Different from Judgment Recovery?
We think judgment recovery can be an incredibly rewarding and lucrative pursuit. HOWEVER, we deal with monies that have already been collected, and don't have to go after folks to get paid. We call people who are going to be making money, not owing it!
Can I Do This Program From Home?
Yes & No. Regardless of how you choose to run this - as a business or as a researcher - you are going to have to spend some time in the local county court house if you are going after surplus funds or estate monies, or if you are going after deed flips.. The reason is that you HAVE to review the physical file. We teach you how to do this easily and quickly, but you still have to get your hands on the file. PLEASE WATCH THE VIDEO ABOVE FOR A BETTER UNDERSTANDING OF WHY YOU CAN'T DO THIS COMPLETELY FROM HOME.
HOWEVER, YOU CAN DO BANKRUPTCY AND THE REDEMPTION EBOOKS FROM HOME!
I Saw this Program Way Cheaper a While Back. Why the Increase?
We're underpriced.
We Increase the Cost every 4-6 Months.
Are There a Lot of Folks Doing This?
NO. This is still very fertile ground. You send in a referral sheet before working files - in the ebook - and we check to make sure that we aren't already working it. When we get folks working a County hard we tell others they may want to hit a surrounding County. That's for surplus funds and estates.
Deed flips - especially the way that we do them, and because we're not just going after tax sale property, are wide open, as is redemption.
$how Me The Money!! - $urplus Lists Below!!
Look at these Overages below from Counties in the US. This is just a small sample from a few counties, Imagine how much MONEY there is when you factor in that there is over 3,000 Counties in the United States!
This Sounds Too Good To Be True? - Show Me the
Money!
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*Earnings Disclaimer:
We have no idea what your work ethic is, how well you follow directions, or your intelligence level. The averages we give are our own experiences. We do not, and would never guarantee a set income amount or that you’ll make money at all. Sorry, but there are too many ‘info junkies’ out there that buy programs and never apply them or don’t make a real effort. Also, this is not a get rich quick program. Further, we don’t know what the average file will be in your County. Averages are from our experience, Nationally.