Today we will be reviewing a program called Overage Syndicate. Is Overage Syndicate legit? Find out in this Overage Syndicate review.
As a result of the current state of the Earth, we are all living on the precipice. At least, that’s how most of us feel. We have been concerned because we have no idea what will happen next. Is it possible for the world to return to normalcy?
The majority of us barely scrape by. Utilities and rent prices continue to get more and more expensive. Wages, on the other hand, have stayed the same over the years. As a result of the pandemic, companies have slashed salaries severely. Either you accept it or you resign.
Of course, this is unfair, especially if you have spent a long period working for a company. You, on the other hand, can’t afford to merely walk away from your job. Given how competitive the job market has become, it would be a terrible decision.
This is one of the reasons why so many individuals decide to start side hustles. People are willing to do anything to get extra money, from setting up online stores to freelancing.
What brought you to this Overage Syndicate review is the prospect of making some money on the side. Luckily for you, I did my research, so I’ll be able to tell you whether this program can help you find your way to financial freedom.
Before you decide to commit to this company, you should read this Overage Syndicate review first. You should check if it is worth your time before you pay for it.
DISCLAIMER: This is a fully independent review. I’m not affiliated with Overage Syndicate in any shape or form whatsoever.
While reading this Overage Syndicate review, check out my #1 recommendation to making money online after reviewing 300+ MLM companies, apps, and courses.
Overage Syndicate Review: Quick Details
- Name: Overage Syndicate
- Website: https://overagesyndicate.com/
- Type: Online Class/Masterclass
- Niche: Real Estate Investing
- Owner: Nick Fullmer
- Price: $1,997
- Recommended?: No, because what you can learn from this course can be found online for free.
What is Overage Syndicate?
Nick Fullmer’s Overage Syndicate is a course dedicated to teaching people about overages. In this course, Nick breaks down the different points concerning his complex business, and highlights the advantages that people could enjoy if they choose the same path.
Nick says that this is a very little known real estate strategy. He claims that it can help you how make a 5 to 6 figure income, without having to risk your savings or working long hours. He also says that you can do this without having any prior experience in real estate.
Nick also states that in his course, you will discover the 4 different problems which you need to overcome so that you can achieve financial freedom.
Who is Nick Fullmer?
Nick Fullmer is the one who created Overage Syndicate. He is an army reservist, and he worked as a correctional officer in the past. He claims that he was able to double his income just by working less than 30 hours per week.
How was he able to do this? Through real estate. Well, not the traditional real estate method involving flipping houses or investing in apartments. Nick focused on foreclosure settlements instead.
Nick’s specialty is locating overages, getting the amount returned to their rightful owner, and get commissions for doing so. Basically, the opportunity he presents here is that with the numerous foreclosures happening per month, you can do what he is doing and make some decent money.
He first learned about overages in 2015. Before that, he was making money through wholesaling, but he wanted to learn more unconventional methods. After purchasing a course with credit since he was broke, he was able to learn about overages.
Today, Nick has made around 100 overage deals and counting. His goal is to teach people how to achieve their dreams of financial freedom through his methods.
What are Overages?
Anyway, what are overages and why does Nick focus on them? Nick says that overages are funds that are being held by the government, but that they don’t want you to be aware of them. Instead of letting the public know that they exist, they want to keep those funds and make interest from them.
However, it turns out that those funds rightfully belong to people who lost their homes from being unable to pay their mortgages. What happens is that their homes get repossessed by banks and goes on auctions.
Once someone decides to buy the property for an amount more than what is owed by the bank, there’s an overage. That amount is supposed to be returned to the previous owner of the property, but most of the time, it doesn’t.
What the bank does is that it pockets that amount instead, and invests it to get the interest. The bank then hopes that nobody comes to claim it.
What usually happens is that the previous owner of said property is not aware that they are entitled to that amount. This is what Nick takes advantage of.
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Overage Syndicate Overview
Nick’s website asks for emails of the people interested in learning more about the business opportunity. He presents a four-part video training series that you can view for free.
In this series of training videos, Nick breaks down his business model, as well as encourages you to enter the same business as him. It will then lead you to an offer of purchasing his course for a more extensive training process.
The course is called The Overage Blueprint Formula. It is composed of step-by-step videos which can show you how to make a six-figure income. You will also be learning how to find good attorneys to work with, as well as be presented with an opportunity to work side-by-side with Nick himself.
In this part of the Overage Syndicate review, I will be giving you a brief overview of what the course can teach you.
This module is dedicated to teaching you what you need to know about overages. As the introductory module, it focuses on the basic information that you are required to know if you want to utilize methods.
It includes lessons about the terms you need to know, as well as some case studies regarding tax sale and mortgage overages. You will also be provided information regarding state laws and county/court level funds.
Create Leads (The Instant Overage Leads Cash Flow Blueprint)
This module will teach you how to find and generate leads, as well as how to build mortgage overage lists. Basically, the module is all about generating leads to make money.
Conduct Research: Deal Analyzing Profits Formula & No Competition Researching Process
For this module, you will be learning how to use websites as well as county and court records in order to find people who might be needing your service. You will also be taught how to use social media to locate people who may be interested in working with you to get their money back.
Contact Leads: EZ Closing Scripts
This module will teach you how to make contact with the overage claimant. You are provided with a script for phone conversations, as well as how you can overcome objections. You are also provided with templates for marketing letters.
Contract Leads & Profit: Forms & Contracts Vault
For this module, you will be taught how to do the required paperwork, as well as how to find the best attorneys to work with. You will be given some tips regarding how to look for attorneys in 24-48 hours and how to talk to them professionally.
Just like the previous modules, you will also be provided with templates you can use to email homeowners.
Overage Business Principles
This module is all about running your business. It includes lessons regarding how to find the best virtual assistants, how to build trust and credibility, as well as where you can get business phone numbers.
Extra Help/Joint Venturing – DFY Partnering System
This includes information regarding how to partner with your client to start the business. You will also get information regarding the weekly coaching calls you can get into with Nick.
There are state-specific modules regarding important important, as well as fee agreement.
Business Creation Bundle
For this bundle, you will learn how to file your taxes properly, as well as how to consult with a CPA. You also get to learn how to take advantage of business credit as well as how to get 24/7 access to funding.
There is also a 25-minute long video which will claims that it can teach you how to get your overage business successful in 24-48 hours.
Pre-Overage Profits Mini Course – Double Your Business Income
This is a mini course, and is around 200 minutes long. It will be teaching you how to double your income, as well as how you can profit from properties with no equity.
There are three payment plans for you to choose from. You can opt for a one-time payment of $1,997. Sounds pretty expensive, doesn’t it? Not all people can seem to afford it.
They offer a 2-month plan which is 2 payments of $1,099 per month, as well as a 3-month plan of $799 per month. Well, it seems like opting for the plans instead will be more expensive.
The course is quite in-depth in terms of what it can teach you about overages, which is why they charge so much money for it. On the other hand though, I doubt not a lot of people would be willing to pay that much for a course.
Also, it doesn’t even guarantee that you will succeed in the business once you finish the course.
When does the course start and finish?
After you’ve paid, you may begin the course anytime you like. It’s a self-paced program, which means you get to choose when to begin and finish the course.
Everything is in your hands, which means you can pick it up whenever you choose. You may return to the course whenever you need a refresher, even after you’ve completed it.
How long do you have access to the course?
You will have lifelong access to the course after you have completed the registration process. The course will be available to you at all times.
By the way, as long as you have an internet connection, you may access the course on any device. This means you can take the course on your phone while on the move, at home on your desktop computer, or wherever else you like.
Can you get a refund?
There is a 30-day money back guarantee for the course. It means that you will only get your money back if you can prove that you have applied the strategies but did not get the results you wanted.
If you were able to contact 50 leads but was not able to secure at least 1 contract out from all of them in 30 days, you will be issued a refund. However, you need to actually prove that you yourself generated those 50 leads and made an effort to contact them all.
What support is provided?
For this course, you are provided with several ways to get your questions and other inquiries answered. This include a Q&A chat box under each video module, access to a private Facebook group, and email support.
This means that any time of the day, you can get your questions answered. All you have to do is reach out.
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Is Nick Fullmer Legit?
Nick does not seem like a scammer. Compared to other gurus I have encountered so far, he seems like an average, everyday guy that is easy to talk to. In fact, he doesn’t act like a guru at all. He knows what he is talking about too, and does not seem like he is pretentious.
The course he is advertising is pretty comprehensive. It is updated regularly, and he guarantees that it can help you achieve your goals. If you are interested with venturing on a real estate business, then you can probably try this out.
However, the course is pretty expensive and overpriced. I don’t think the average person can afford it, or is willing to pay that much for it. Also, I don’t really recommend enrolling in it.
I don’t think I could recommend this business model. It is predatory. After all, majority of what you will be doing is reaching out to people who just got their homes repossessed.
Well, getting funds that the government thought you don’t know about seems pretty great. However, it could get you months to get that money back. I also don’t think my moral compass could take charging people so much just to help them get the money back. Money that rightfully belongs to them, by the way.
Alternatives to Overage Syndicate
When it comes to investing in business, you need a lot of money to do so. This is why not a lot of people get into real estate. Majority of people simply do not have the capital to do so.
This course can teach you about a pretty obscure business, but if you want to learn about standard real estate practices, then maybe you should consider another course. After all, it is better if you find a course that will teach you what is best for your business interests.
Just so you know though, real estate simply isn’t for everyone. I recommend going for other prospects that are easier, and will simply not take much of your time to pursue.
Final Verdict – Overage Syndicate
Before I end this Overage Syndicate review, I would like to share a few more insights that could help you.
When it comes to starting a business, it is always a gamble. You need to be aware that every business opportunity can pan out not the way you want it to. This is why courses like these are being offered to people who want to try their hands on starting a business.
In terms of the prices though, they can be quite expensive. You have to pay a lot of money for them. The prices do not seem to be affordable to the common joe, which is why most people opt to learning from online resources instead.
I don’t recommend purchasing a course if you are not 100% sure that you will be getting into that business. After all, you should consider the courses as part of your initial investment.
Now that you have reached the end of the review, you have probably realized how tedious it could be. Well, I recommend starting a different opportunity instead.
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