Is there money in this strategy? $$$$

[Noel Fernandez]

Hello BP members!

So my question is, is there anyone with any Experience in surplus funds and do you need any type of license to start?

What I know from from looking up some info on YouTube is

1- you look up properties that have been foreclosed on

2-Make sure that in auction the price sold a lot higher than what the house used to owe.

3- Contact the old owner of the house and tell them that the county has surplus fund for them ( if it was foreclosed on for $50k and it sold in auction for $75K- $25k belongs to the old owner)

4- by helping the owner get the money that he is owed you can charge a small fee?

Is there anyone here that have done these type of deals?? Or someone you know? And how can you start?