Starting A Home Based Business? Unclaimed Money Will Make You A Six-figure Income
Share: If you're dying to start a home based business
, unclaimed money might be the key you need to unlock some serious wealth this year. Most home based business take a long time to become profitable, but collecting unclaimed money - assuming you work the right types of unclaimed money - is a profitable way to make a living, right now. There's very little overhead involved and you'll be in the positive in months, not years.
First, what do unclaimed money finders do? The government is holding a lot of money that belongs to private citizens, originating from hundreds of different sources - banks, utility companies, and many others. The state holds funds like old bank accounts, stock dividends, and utility deposits. Owners can claim these funds, often by simply filling out a short form and requesting the money.
Unclaimed money finders find records of these funds and then locate the owner, agreeing to give them the information about where the money is and how to get it, for a percentage of whatever is collected (or a flat fee). Most states now have a website where you can go and type your name in and see if you have any of these funds being held for you. Unfortunately, that makes money finders that work these funds less successful - their secret information is easily discovered. Not only that, but most states limit money finders to collecting a 10% fee.
Obviously these are the funds you want to work. Luckily, there is a little loophole exempting certain funds from those limits - AND they aren't advertised on the state websites. These are real estate funds, from things like tax sale and mortgage foreclosure, and they often run into the tens of thousands of dollars.
This is the big money finder secret loophole. Find the records of this real estate unclaimed money, find their owners, and you can legally charge 30-50% per transaction, which translates to high four figures or even five figures per successful claim. With the number of foreclosures taking place right now, this is by far the best home based business to get involved in, and will continue to be hot for at least another 5-10 years.
by: Maggie Dawson
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Starting A Home Based Business? Unclaimed Money Will Make You A Six-figure Income