Overage Syndicate Review (Updated 2023): Is Nick Fullmer The Best Tax Overages Guru?
Overage Syndicate is a real estate tax overages program taught by Nick Fullmer that promises to show you how to find these foreclosures and earn handsome commissions doing so. He claims he will provide all the training and support necessary for you to succeed in his program.
What's a tax overage? That's basically when the government keeps extra money that should be going to the old owner. You help that owner get their own money back.
But is this all legit? What's inside the program? And how much does it cost?
Scroll down for my full review.
This Overage Syndicate review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.
- Overage Syndicate gives in-depth information on how to earn money.
- Overage Syndicate was founded by an experienced investor.
- Certain states do not allow tax overages, so you cannot generate money using his plan.
- Making money with sales tax overages can be difficult. There will undoubtedly be a learning curve.
Why Listen To UsMy name is Josiah, and this is my Dad, Joel.
Together, we make up the team here at Scamrisk.
If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.
In early 2020, I had just graduated from college & had no real career prospects.
I knew I was destined for something more, but I had no clue how I was going to make it happen.
I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.
I had fiddled around with some different online businesses in college:
Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.
Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.
All I really wanted was to find something that was going to actually work for me.
Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.
So I searched! And searched… and searched… and searched…
And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).
I didn’t really want to be “rich”.
The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.
Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.
I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.
Fast forward a few days and a few phone calls & I was enrolled!
Here’s the first “money making website” I put up:
I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.
The best part to me? My dad and I get to do it all together!
So between the:
Is why I recommend local lead generation as my #1 business model for making money online.
Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.
I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!
Overage Syndicate is a tax overages real estate program.
Like most real estate training courses, you’ll likely be exposed to the “Big 3” investing types:
- Tax Overages
Regardless of which path you go down, there is a lot of potential with real estate investing. After all, it’s the world’s oldest wealth-builder.
However, before you leave this Overage Syndicate review and go sign up, you might want to ask yourself: “Is now the right time for me to get into tax overages?”
Because, no matter which way you slice it, tax overages is extremely capital intensive, labor intensive, or both.
So if you’ve only got an hour or two a day, or your savings account is a few zeroes lighter than you’re comfortable with, this might not be the best time for you to jump into tax overages.
But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion. A good way to get yourself there is with Digital Leasing.
Digital Leasing takes all the best parts of tax overages, while eliminating most of the headaches:
- Difficulty finding markets
- Angry people being reminded of their foreclosure
- Long wait times for government info
And the best part?
Digital Leasing allows you to build a passive income stream that’s actually passive! An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling foreclosed homeowners, or dealing with contractors. If that sounds like something you’d be interested in, check out Digital Leasing.
This is the perfect first step to build a recurring income that you can then use to start investing in real estate down the line.
However, if you’d still like to know more about Overage Syndicate, keep reading.
What Is Overage Syndicate (Aka Overage Profitability Formula)?
The Overage Syndicate course is a comprehensive training program that will help you in running your own overage business. You will learn how to locate and choose the best states, how to find and deal with a good attorney, how to create the necessary legal documents, and much more.
A family’s house is foreclosed on by a bank. The foreclosed home is auctioned off, and the bank buys it back for less than the amount owing.
This is something that happens a lot. What makes this story unique is that someone is out there looking for overages, bringing them back to the previous homeowners, and keeping a percentage for themselves.
It’s not as sinister as it sounds. Banks are obligated to return back to the previous homeowner any excess proceeds from the sale of their repossessed home for more than the amount outstanding on their mortgage.
However, they don’t always follow through, or they don’t always do it at all.
So Nick Fuller goes in, collects the overage (the “forgotten money”), and returns it to the previous homeowner. He, on the other hand, doesn’t labor for nothing. As his fee, Nick takes a small percentage of whatever he recovers.
But as it turns out there are literally hundreds of thousands of these unclaimed overages lying around. And Nick Fuller has built a business on returning them to the rightful owners.
Who Is Nick Fullmer?
Nick Fullmer, who has been collecting and selling overages for over 20 years, designed the online courses of Overage Syndicate.
He has assisted hundreds of people in launching their own overage business.
The Overage Syndicate online courses is Nick Fullmer’s way of passing on his knowledge to others so that they, too, may start making money from this profitable sector.
What's Inside The Overage Syndicate Course?
The Overage Syndicate Course (also known as the Overage Profitability Formula) teaches students how to benefit from overages in taxes and mortgages. This course will teach you how to start profiting from overages.
Nick Fullmer will teach you exactly what he’s done in this overage business so you, too, can make a six-figure income while working just 30 hours per week.
Overage Syndicate is more than simply a collection of legal papers; it’s also a step-by-step guide that walks you through the full process, from client acquisition to attorney selection.
Four video modules will be available to you. These videos are accessible online and may be accessed from anywhere at any time.
Nick Fullmer outlines all of the many options for generating income from foreclosures happening in these videos.
He also demonstrates how to choose the best properties to sell fast and profitably.
Nick highlights the necessity of hire the proper team and teaches his students how to successfully manage their employees.
Overage Syndicate also gives you a detailed overview of each of the 50 states to help you decide which one to concentrate on.
Here’s a breakdown of everything you’ll learn in the Overage Syndicate course:
– How to find a buyer for your building overages. – How to develop relationships with potential clients. – The best way to break into new markets. – How to build a successful overage business in your neighborhood. – How to use paid traffic to grow your overage business.
In the bonuses section you'll get access to the following:
- State by state guide
- Deal funding vault
- How to use VA's to grow your business
- Automated skip tracing
- And more...
What Does The Internet Have To Say About Overage Syndicate?
I decided to do some digging online to see what others had to say about Nick Fullmer and his Overage Syndicate program.
At first search you won't find anything under the Overage Syndicate name plate.
In fact, you have to find your way to something called "Overage Refund Specialists".
This is Nick's company.
However, there is still nothing about it on Reddit or Trust Pilot.
There are only 9, 5 star reviews on the companies BBB profile as you can see below:
For most people, this would probably be good enough.
But something still seems off.
Not a single bad review?
Even the best of the best course creators can't please everyone.
And then I found this on his sales page...
They incentivize positive reviews by giving you $4,000 in that first round of profit.
Who knows how much money you'll get to keep after that...
Overall, it all seems a bit shady if you ask me.
Is Overage Syndicate Legit? Or Is Overage Syndicate A Scam?
So, is Overage Syndicate a scam? Not technically.
You can make money with this program, but it’s definitely not as easy as Nick Fuller makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual profit margins on overages are pretty small.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months – looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property – and then your reward is like $100 a month in profits, it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week? Well, that’s the power of Digital Leasing. And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need. Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority. And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.
How Much Does Overage Syndicate Cost?
Overage Syndicate costs $1,747 for lifetime access to the program.
I think this price seems pretty fair for the value they are claiming they will provide.
Some courses like this charge a couple thousand dollars more, this is a fraction of the other guys.
This could be priced at a steal.
Does Overage Syndicate Offer A Refund Policy?
Going based off their own site, it looks like they do not actually have a refund policy. And if they do, it's not readily available for consumers to look at.
If they do have a refund policy, I would wager that they offer one of those "action based" money back guarantees which means you'll basically have to jump through a bunch of hoops to get your money back.
In my opinion, they should make this information easier to come across. It would probably be a win-win for both parties.
Are There Alternatives To Overage Syndicate
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
What Is Our Top Recommendation For Making Money Online In 2023?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs. While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.
And because this system is so flexible, you don’t have to constantly be working to make more money.
It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
Scouring for mortgage foreclosure overages, sales tax overages, and being a surplus funds recovery agent are full-time jobs (and more), no matter what any mortgage overages real estate agent/guru tells you.
You always have to be searching for deals, because if you stop, so does the money.
2) You Own & Control EVERYTHING: With tax sale overages, you don't own the property...and as soon as the deal is made you have to chase after the next ex-homeowner.
With Digital Leasing, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront.
Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) Minimal Ongoing Expenses: With Overage Syndicate, monthly expenses are HIGH.
Between software payments, ongoing maintenance, and paying employees, profit margins are slim.
Plus, whenever you have a deal fall through, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next deal is made).
With Digital Leasing, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit).
Every time you decide to create another one and increase your income, it gets easier. Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with tax sale overages, you’d have to double the hours you work, double your deals/number of units OR double your profit margins.
And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses. You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Overage Syndicate which could one day make you money. You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality.
At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits. All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.
#1 Business Recommendation
We each make around $10,000 per month with the help of this system.yes, show me more