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Spencer J Vann Review (2024 Update): Everything You Wanted To Know!

By: JosiahDec 08, 2023Make Money
Spencer J Vann Review ([year] Update): Everything You Wanted To Know!

Spencer Vann's three-step path to six figures. Something about a secret FCC loophole conceals $50 billion in so-called mystery money. You can restore the money to its owners. Spencer believes you can earn four, five, or six-figure cheques. You won't have to make a hefty up-front investment, there will be no massive learning curve, and you won't have to sell anything.

Spencer says some generate $10,000 to $100,000 each month without selling anything. My business partner and I used a legal loophole to make millions. This isn't a standard online moneymaking strategy. Instead of selling something to get paid, we'll give away legally their money."

There are countless information courses floating around the internet. Why? Because for every problem that exists, someone claims to have the solution.

And that solution is usually some oddball money-making system that tells you how to turn a casual interest - or maybe something you’re super passionate about - into sustainable, reliable income. Just like Spencer J. Vann. Here’s the hard truth, though…


This Spencer J Vann review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

  • He assists other real estate investors in learning how to start and expand a Surplus Fund recovery business.
  • Spencer claims that you can earn four, five, or even six-figure sums in the process.
  • If you love real estate this is good for you.
  • There are some negative reviews
  • Real estate agent is a hard job
  • It"s not easy money to do surplus funds business.

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

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:

why listen us gif

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:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

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!

Most of these programs:
  • Take way more time than you’re led to believe
  • May have hidden fees
  • Require you to buy multiple upsells in order to get the “real” information

But most importantly, a lot of these programs just don’t scale. “Scale” means once you do the work to make a little money, it should get easier to make more money, not harder.

The problem is, most programs out there make it hard to make money at first, and even harder to keep making money. In other words, you might be able to make some money in the beginning, but it won’t be sustainable and you’ll end up getting discouraged.

This is the exact opposite of passive income.

When income is truly passive, you do the work upfront, but then you set it and forget it. The money gets made whether you’re working or not. It’s not directly tied to the hours you put in.

So, what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Inventory
  • Selling to friends and family
  • Selling to strangers
  • Recruiting people
  • Dealing with questionable products that weigh on your conscience

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 chasing, selling, or managing anything?

If that sounds like something you’d be interested in, check out Digital Leasing. 

Still Getting Paid

This is nothing like Surplus Recovery, and that’s probably a good thing.

However, if you’d still like to know more about Spencer J. Vann, keep reading.

Who is Spencer J. Vann?

Who Is Spencer J Vann

Spencer Vann studied real estate and sales psychology for two to three years before starting his career. Many hours were spent obsessively studying real estate so that he might be as well-versed as possible in his chosen sector.

Spencer's first wholesale real estate deal at the age of 17 sparked Spencer's desire to become a real estate agent and learn as much about the business.

"It's not about acquiring more information; it's about getting the proper information and sequencing it," explains Surplus Fund founder Spencer J. Vann.

There are "thousands of hours," he says he's spent studying this. Many tens of thousands of hours. This isn't hyperbole. It's as though he has read a zillion novels.

He had the pleasure of getting to know some truly remarkable individuals. People who are on the cutting edge. Of course, I've also met people who are the exact opposite.

What is Surplus Funds Mastery?

What Is Surplus Funds Mastery Paid Articles And Owed Money

Spencer Vann, the Surplus Fund Master, shows the dirty little secrets of claiming money for homeowners who don't even realize it's there.

Do you have the right to do this? Can you believe this? Is it possible that millions of dollars in unclaimed money exist? Let's take a closer look at this novel approach and learn the real story behind the surplus funds...

Surplus funds business aren't a new idea or approach. Overages, Tax Sale Overage, Surplus Recovery, Tax Sale Surplus, Unclaimed Funds from Tax Sale, and Mortgage Surplus are all terms you may or may not be familiar with. A variety of terms have been used to characterize this method, and I could go on and on about them.

Surplus Fund Mastery Program

Surplus Fund Mastery Program Homeowner Defaults

Justin, a student in Spencer's Surplus Fund Mastery program, used these three techniques to connect with a person who had over $34,000 in his first two weeks of studying.

And it's the reason why Lee, who'd never ever heard of this before, made over $100,000 in his first month on the job! Spencer demonstrates how to obtain spreadsheets containing millions of names of people who are due money from bank accounts, uncashed cheques, stocks, bonds, insurance payouts, and more simply by conducting a Google search for your state and the phrase "unclaimed property records."

It's now just a numbers game. Starting with the people that owe you the most, begin contacting them to see if you can secure a larger payment.

Using a service like Surplus List dot com, you may enter people's names and retrieve their contact information. The next step is to begin making calls. Verify who is on the other end of the line before continuing the conversation. Introduce yourself and state your purpose calling if this is the case.

If they want your aid in retrieving their surplus, let them know that you're willing to help. If this is the case, send them a short piece of paper to complete, ask them to mail it in, and sit tight.

The Surplus Recovery Process

For those who didn't watch the webinar and just want a short and sweet version, Surplus Funds is precisely what it sounds like. When a homeowner fails on their mortgage (stops paying), it goes into foreclosure if they can't negotiate with the bank.

A homeowner may stop paying for many reasons. Doesn't matter why.

Say the homeowner has been making payments for 10 years. Paying back loans. Along with monthly payments, their home's worth has risen in 10 years. Home equity is $100,000.

The home's value exceeds what's due to banks.

When homeowners lose their jobs, get divorced, etc., they can't refinance due to credit concerns. They're humiliated. Therefore they don't try to sell. The residence is foreclosed and auctioned off. This house has $100K equity.

Auctioning the residence. An investor buys the house at auction for less.

The foreclosure laws stipulate that any "extra" or Surplus Funds from the house sale once all debt holders are paid (bank mortgages, liens, etc.) belong to the homeowners.

The homeowner sold the residence. After clearing the title, they keep all the sale earnings.

Is Spencer J. Vann A Scam?

Scam or Legit

So, is Spencer J. Vann a scam? No it isn't. You can make money with this program, but it’s definitely not as easy as they make it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and - most importantly - it doesn’t scale.

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 and then your reward is being forced to grind it out for another 9 months before seeing any “real money,” well…that’s not a great deal, is 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?

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 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

Saying Goodbye To Our Jobs

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.


It's thrilling, and the rewards can be enormous. However, the market is incredibly competitive, and only a few niches are worthwhile.

There are a lot of lawyers and other people doing the same thing in those places. However, the entire process is not as simple as it appears on the surface.

For the most part, these recovery agencies have been in business for many years and it takes a lot of effort and the appropriate team to succeed.

What Is My Top Recommendation For Making Money From Home In 2024?

Digital Leasing

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:

Digital Leasing is the #1 online business model for those just starting out.

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. Why?

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.


2) You Own & Control EVERYTHING: With Spencer J Vann, you don’t really own anything. You have no control over the quality of products. You don’t even own your “business”.

Look at the fine print for most of the agreements folks sign when they join one of these companies. At any point, the company can change your commission structure, reduce your profit margins, or kick you out entirely.

With Digital Leasing, you own the assets, which means you have all the power and all the control.

Feeling Blessed

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.

Scott Lead Gen

4) No Inventory: Alright, so most training programs doesn’t make you buy the products and fill your garage with them anymore (unlike the good ol’ days), but you’re still in a physical products business.

And physical products always have physical limitations. Even if you don’t have to manage the inventory, you still have to deal with supply chain shortages that cause major delays.

Imagine finally landing your first customer, and then losing them after one sale because they had to wait 6 weeks to get their order. With Digital Leasing, a 100% online business, you never even have to think about that risk.

Lance Lead Gen

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 surplus fund, you’d probably need to double the number of hours you spend working. Because, again, this program doesn’t scale.

Done Deal

6) Make Money Helping Real People: 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 Surplus Fund 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.

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