I was wondering if anyone has ever been to a Bob Diamond overage live event or anyone has had any success with his courses? His claim is he has the largest company working with tax sale overages and knows all of he ins and outs of claiming this money from the government. In theory it looks good, but I am looking for someone that has actually made money with it.
I have no specific experience with Bob Diamond. I would consider myself an expert on tax sales and know the tax sale overage game. It is not as easy as it would seem. Often banks or other creditors come in line before the homeowner. In some states you may need a law license o provide such a service and many states limit fees that can be collected.
Keep in mind, rightly or not, many people view this as preying on venerable people. Would you feel comfortable with you name on the front page of the newspaper saying you stole money out of the pockets of someone who just faced foreclosure? If you are OK with that go for it. I work in very liberal city. This kind of news has put other investors on the front page of local newspapers. I don't want to go there.
Thanks for the insight Ned.
@Ned Carey in addition one needs to have nexus lexus and be an expert at skip tracing.
out our way the bigger players in this tend to be private detectives..
and in many areas the counties make it darn tough as they don't like to see middle men taking 50% of peoples money.... this is an old Guru program that has kind of come and gone.
@Todd Blank google Joe Kaiser in Washington state see how the AD in that state went after him with both barrels.. not a popular strategy but one that can work in some instances.. but most will not do anything with it as its very hard... and the only making any money is Diamond selling you the how too..
Thanks for your input also Jay. Also, one of the things I was trying to measure is how much money is actually out there in overages and if this is a business is sustainable in the long run. I do occasional flips and want to start wholesaling in 2017 and know real estate will always be out there in many forms, however measuring the business of overages is harder to determine.
Some one else on BP was asking about Bob Diamond several years ago. https://www.biggerpockets.com/forums/79/topics/94080-diamond-in-the-rough-system
It looks like a lot of those complaints were 4 or 5 years old when he was promoting a real estate investing program. I am referring specifically to his overages program. It looks like Rick Dawson actually wrote this overages program. When I called his office the guy never knew who Rick Dawson is. It is hard to tell how they are related, but Dawson and Diamond are connected some how. Rick Dawson now promotes a program called "tax deed Sniper". Anyways thanks for all your inputs.
@Todd Blank Did you end up taking the courses? I am doing some research before signing up for the course. I would greatly appreciate your inputs.
Mir Ali. I did not take it for I found out that there is way more to it than he advertises. Check you tube videos from Shaun Beige and he explains where Bob Diamond courses fall short. I have talked to him and he is very humble about the subject; he does not put down Bob Diamond, but he will show you the shortfalls of Diamond's program.
Great info any recommendations on a course that really works that’s similar to Bob diamond surplus program? And any other recommendations? I feel the one who created the course always ends up the one that becomes very wealthy. However Bob does have a tremendous amount of checks that people have earned using his program so I love more insight or find someone who used his program to speak because it seems to be real however it also seems to be old and it appears to me we have missed the boat on this program any other suggestions would be appreciated in 2019 thanks a lot
so is this overage business viable or has it come and gone. i would appreciate any response
I personally liked Bobs program and was able to make money following the steps outlined in the course. I’m not affiliated with Bob, just bought the course in 2015.
That being said, I don’t focus too much on the tax overages anymore. My business focuses on overages generated from mortgage foreclosures. Some of my deals are on my website www.overagerefunds.com
I’m happy to answer any other specific questions people may have on this thread.
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