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Updated almost 11 years ago on . Most recent reply

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Dan S.
  • Real Estate Investor
  • New Hampshire
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Stacy Kellams: Tax Sale Arbitrage

Dan S.
  • Real Estate Investor
  • New Hampshire
Posted

Stacy Kellams just released his new program called Tax Sale Arbitrage. From what I can tell, it deals with finding people with unclaimed funds and then collecting a finders fee for getting them the money. It sounds interesting. Has anyone had any experience with this method? He's charging $1000 for the program. Thanks.

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George P.
  • Real Estate Investor
  • Baltimore, MD
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George P.
  • Real Estate Investor
  • Baltimore, MD
Replied

So say I discovered the homeowner that lost his house to tax lien foreclosure and is now entitled to $500 overages. I reach out to the person and say - "hey, I know you're entitled to $500. I can tell you how to get it for 25% fee". Naturally, the person will want to know what am I talking about, but I won't say where the money is, cause if I do, they will get it themselves. it will take a lot of selling and persuasion to have the person sign the agreement without telling him where the money is. IMO.

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