Become a Found Money Pro, and Get Rich – Even in the Worst Economy

You know that small, select group of people you always hear about – the ones making money in even the worst economy? Smart people see opportunity everywhere. In terrible economies, or when the real estate market tanks, when the stock market tanks – these people are always one step ahead of the pack, finding ways to profit no matter what the situation. Although it may seem counter-intuitive, the current economy is rife with “found money,” precisely¬†because things are so bad. Smart real estate investors are becoming “found money pros,” left and right. You can become one of them.

Lots of real estate investors have watched their finances turn upside-down in the last few years. It’s sad. Unable to find renters or buyers for their properties, more and more investors, as well as homeowners, have seen their properties get sold at tax sale by the government – sometimes for paltry amounts of back taxes. We’re talking nice properties, worth $100,000 or more even in the current economy, sold off to the highest bidder – all because the owners owed the government a few thousand in taxes.

Seems pretty bleak.

What did smart entrepreneurs in the real estate industry do?

Well, a select group of tax sale investors caught on to a little loophole almost no one knows about. In about half of the states in the U.S., if more is bid for a property at tax sale than was owed on taxes (in the above example, if the property was sold for $100,000, and only $5,000 was owed in taxes, then there’s an extra $95,000), the government will hold on to that excess cash and the former owner can come in and claim it. Only the former owner rarely knows that it’s there, for a variety of reasons. They’re no longer at the same address, and can’t be contacted by the government, or assume that it’s all lost (in many states, it is)…

So these investors set up an agreement with those former owners to collect this “found money,” the source of which isn’t revealed until after agreements have been signed, for a percentage of the total amount recovered. Since these funds aren’t subject to finder’s fee laws, that agreement can be for up to 50%.

Smart investors come up with innovative ideas like this all the time. You can imagine, with tax foreclosure skyrocketing, how many of these funds are created monthly. The possibilities are endless. And since this money escheats to the government if it’s not collected in time, this service is actually quite valuable to the former owner. If you’re going to exploit this particular “found money” business, there’s no time like the present.

There’s no better way to do it than by getting training with the Hooked On Overages team. This is our five-figure finder fee blog, with tips about success, both personally and professionally, in the “found money” and most other types of business.

If you’re ready to take the next step toward a fulfilling career where you can make a lot of money helping people find theirs, feel free to go now and download our free Insiders’ Guide To Making Money With Overages. Don’t put it off… take the first step today.

Be Sociable, Share!

{ 6 comments… read them below or add one }

1 Alex Siniavin March 4, 2010 at 10:44 pm

Hello Maggie, how are you? hope everything is great.
I came across your article on We would love to syndicate your articles on our site,
Please let me know if you are interested

Thank you in advance

2 rom March 9, 2010 at 4:39 am

Hi just wondering if you do full courses and if the course/ techniques could be used in Australia obviously the law and regulations wont but just need the general understand og it and techniques thanks

3 Maggie March 9, 2010 at 7:29 am

Alex- no problem.

Rom- You can definitely do the full course and operate your business from Australia (we’ve had a few students from AU who are very successful). If you haven’t already downloaded the Insider’s Guide, you can get it at

4 Rom March 22, 2010 at 9:12 pm

Hey Maggie, its Rom again, What do you mean you say held by state level – what is state level

5 rom March 29, 2010 at 3:24 am

what kind of agencies hold these hold these tax sales other than banks

6 Maggie April 7, 2010 at 1:26 pm

Hi Rom,

All of this is taught in the course material!


Leave a Comment