A tall promise, but in actuality, that’s the low end of what you can make from tax sale properties. Get a system together that’s streamlined, and you could see that figure grow tenfold. This year. You can do it from wherever you are- Indiana, India, Antarctica, it really doesn’t matter as long as you have a phone, an internet connection, and about $500 in the bank.
And that’s without buying liens or deeds, at all.
None of the investors you see at tax sale know how to do it, that’s for sure, or you’d never see them there again. And yet, without the tax sale and some weird laws governing what happens after tax sale properties are sold, these funds wouldn’t exist. What are they?
Overages.
In about half the states in the U.S., when people lose tax sale properties, they truly lose everything. Even if they only owe $500 and someone bids $500,000 at tax sale, they never see a dime of it. It goes to the government for unnecessary private jet rentals, $15,000 staplers and the like. Those poor homeowners really miss out.
Here’s your secret: in the other half of the states, the government holds that money for them for a few years, and if they know it’s there, they can come down, fill out a few forms, and get the overage paid out to them. If. If they know it’s there.
Usually, they don’t. They assume they lost everything, move on, sometimes far away, and never get notice that they’ve got a tidy sum being held for them by the government. And what happens? According to state law, after a while it “escheats” to the state. That means it’s gone. Forever.
So how to make your $100,000 this year from tax sale properties? Easy. Find these funds, find their owners, reunite the two, and collect a finder’s fee. These funds, since they aren’t held at the state level, are ungoverned by finder’s fee caps, and you can and should charge 40-50% for your valuable service, because without you, 99% of the owners you’re looking for will never see one penny of their money.
Of course, the government will get wise and change the law to include these funds at some point. But for now, you’ve got at least a few years in which to grow your next egg exponentially.
It’s key to understand how to approach the owners so they don’t try to avoid your fee. Read the *free* Hooked On Overages “Insider’s Guide” Visit http://Tax-Sale-Overages.com now. Or, take the *free* 5-day Video Training! Visit now: http://Overages-Training.com
|
|
|