REAL-LIFE CASE STUDY: Life-Changing PROFITS from PLAYING ROBIN HOOD to foreclosure victims | Episode 54

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What would you say if I told you that you could make a huge,life-changing impact on the financial well-being of FORECLOSUREABUSE VICTIMS all while building a lasting, viable business modelfor yourself? Oh, and also while EXPOSING GOVERNMENT WASTE ANDFRAUD in the process? If you’re like most of my savvy, passionatelisteners, you’d say “Tell me more!” Well I’ll tell you all thedetails right now. I’m Carole Ellis. This is Episode 54.Let’s jump right in, because I just LOVE this story (and it’s atrue one, which makes it even better). There’s a guy living in theMidwest, we’ll call him “Joel,” and you’ll see in a second why wearen’t using his real name. Anyway, there’s this guy up in theMidwest and a few years ago, he hit some hard times. You know, thekind of times where you have to decide which bills to pay and whichones to let slide and Joel, well, he decided to keep his lights onand feed his family at the expense of his property tax bill. And,as these things go, that property tax bill mounted up but Joelstill was working hard, feeding his family, keeping the lights on,but he just couldn’t catch those taxes up until one day, three orfour YEARS after that first delinquency, Joel’s house wasforeclosed by the local government and he had to move out so itcould be sold at auction. Now you know why we’re calling him “Joel”instead of his real name: not everyone likes it when they have torelive a tough experience like the loss of a home throughforeclosure over and over again years after the fact!So you might think that was the end of the story, and in fact,Joel did. He packed up his family and moved into a rental andstarted trying to make a living as a WELDER, but although he was agreat welder, he wasn’t certified, and that severely limited theamount of money he could charge for his services and the number ofjobs he could get. He was in a kind of vicious cycle that it seemedlike he might never get out of until…(and this is where the storygets good for Joel AND a certain real estate investor named Bob,his real name, and I’ll tell you more about him in a minute)Anyway, until BOB called Joel up with some fantastic,seemed-too-good-to-be-true-but-it-was-true news: the citygovernment that had foreclosed on Joel YEARS ago and sold his homeat auction had actually sold that home for way, way more than Joelowed in taxes and that money, called an OVERAGE, by the way, hadbeen sitting in a government SLUSH FUND where it would have stayedFOREVER if Bob hadn’t spotted it. And now, Bob was prepared to sendJoel a $12,000 check in the mail!Now, before we get back to that check and exactly what it meantfor Joel, let’s take a minute to talk about real estate investorBob. Bob’s not just a real estate investor, he’s also a real estateattorney. And he’s been using this OVERAGE SYSTEM to right thewrongs done to foreclosure victims EVERY TIME THERE IS A TAX SALEanywhere in the country – and he’s also managed to build a reallynice business out of the process as well. Bob has a proven,well-oiled-machine of a system for identifying OVERAGES and findingthe individuals who are owed, and do you think that they’re HAPPYto pay Bob a finder’s fee for that service? Well, I’ll get back toJoel’s story and then let you tell me.So anyway, Bob called up Joel and told him that he had $12,000to send him, and Joel went through the roof with joy. “He actuallyoffered to drive to my office, which was several states away, topick up the check,” Bob told me, adding that he Fed-Exed it so itwould get there overnight. What did Joel do with the money? Well,he got certified as a welder. Specifically, he got an MIG weldingcertification, which is a certification that basically any welderwho wants to work in manufacturing or in a fabrication shop has tohave. It’s not cheap to get, but it meant, Joel told Bob, that hewould be able to make $68 an hour and probably fantastic overtimeon top of that. As you can imagine, that was pretty life-changing,and it sure means Joel is unlikely to ever lose another house to atax sale!And what did Bob get out of it from a monetary standpoint?(Because, admit it, there’s nothing wrong with wondering, andunless you’re a trustfund baby you probably can’t be a full-timephilanthropist starting today). Anyway, Bob got a finder’s fee. Inthis case, it was a few thousand dollars because, get this, a$12,000 check “isn’t really that big” when you’re talking aboutoverages. A better example might be the amount that Bob made whenhe was able to send a $63,437.25 check to a guy named Robert (hisreal name, by the way). That sucker not only changed Robert’sfinancial situation IMMEDIATELY, but it netted Bob just over$19,000 in finders fees as well. And folks, don’t you think thatmost foreclosure victims are DELIGHTED to pay those fees since Bobknew how to find that money and get it (trust me, the governmentdoesn’t exactly make it easy because they don’t want those abusedhomeowners to have those funds)? Of course they were! In manycases, it’s the best news they’ve had SINCE THE FORECLOSURE.And you don’t just have to believe me, either. You can get allthe details on how this works, how YOU can do it, and how you canBUILD A HIGHLY PROFITABLE BUSINESS literally playing Robin Hoodtaking from the greedy government and giving back to the poorhomeowners who have been victimized by that government by goingright now to www.rei.today/amazingto get all the details. Our publisher, Bryan Ellis, will be hostinga free training event that exposes all the government corruptionbehind the overage system, how you can play a major, meaningfulrole in righting these wrongs, and how to build a business thatliterally grows off the good that you are doing, this week. It’sfree, but space is limited, to head over right now towww.rei.today/amazingfor all the details. And if you want to see a few of the checksthat Bob has gotten for his role in the Robin Hood process (andremember when you do, FIVE FIGURE SUCKERS ARE A FRACTION of whatthe homeowner got), check them out in the REI Today Vault! Not yeta member? I’ve got you covered! text REITODAY no spaces, no periodsto 33444 and I’ll immediately send you the information you need toget that access and ALSO provide you with fast, immediate access toall sorts of great trainings, news coverage, interviews, and lotmore timely information that will help make your investing safer,faster, and more profitable.And remember, when you do that, you’ll also be able to GROW YOURNETWORK by interacting with me and your fellow listeners to REIToday… so stop by to ask questions, make comments and network withother investors across the country. Text REITODAY no spaces noperiods to 33444 or head over to www.rei.today/vault rightnow.REI Nation, thanks for listening in and always rememberthis:Your best investment is your own education.

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