Blogging for the first time from the office
My high school friend, Rich Dad’s son
Yesterday, was my first full day at my Rich Dad’s new office. He just bought a larger office building to expand operations. I was offered free office space and mentoring.
There is no salary but I will get commission for finding deals and helping sell houses.
In exchange for free office space I will provide ongoing tech support and help out with the business where needed. My biggest gain is free mentoring from Rich Dad and opportunity to participate in a successful real estate investing business.
A little bit about Rich Dad…
Rich Dad is my high school friend’s dad. Rich Dad made a bunch of money in real estate during the last down market in the 90’s. He retired for a few years but now is back to teach his two sons the business - so the sons can eventually takeover.
Who better to learn “How to Make Money in Real Estate in a Down Market” than from Rich Dad? He is a true value investor, not a speculator.
He started with nothing as a real estate agent. With hard work and determination he quickly became the top producing listing agent in the area. Then he joined with a couple of partners and got into the fix-n-flip business. He was one of the few investors flipping houses while the market was crashing all around him! He was known for offering the highest quality homes for the lowest price in the area. Buyers loved it.
When the market began to recover in the late 90’s, Rich Dad started holding some of the houses for appreciation - building his “equity garden”. A little while later he exchanged all the houses for a couple of large fixer-upper apartments. He improved the apartments, raised the rents and sold a portion of ownership to the management company. He is now financially independent - collecting passive income and living his dreams.
Reason I call him Rich Dad is because it reminds me of Robert Kiyosaki’s book/concept of Rich Dad Poor Dad. In the book “Rich Dad” taught his sons to build multiple streams of passive income in order to brake out of “the rat race”.
This does not mean my real dad is “poor”. In terms of financial independence - yes. But in terms of faith, values, integrity and hard work, my real dad is VERY rich, and I respect him a lot. I can learn something from both dads.
Anyway…
I have been friends with Rich Dad’s and his sons for several years. They watched me do different businesses over the years without much success. At one point Rich Dad’s son (my high school buddy) offered me to join him and work in the real estate business with his dad. But I was not ready then. I needed to go out and try it on my own.
So, they watched me spend $15,000+ on real estate investing seminars (financed by credit cards). They watched me go out there and do my first $30,000 flip and pay off my credit cards - initial success. Then they watched me go out and buy 7 more houses across 4 states attempting to do more fix-n-flips all at the same time! They watched me get over-extended and fall flat on my face!
But they didn’t laugh. They gave me recognition for trying (with a little bit of “I told you so”). They saw that I was willing to do what it takes to achieve my dreams. They saw that I will NOT let this temporary failure stop me. The seminar education was a good start. I was simply missing a mentor. And now Rich Dad is willing to take me “under his wing” and show me how to do it right. I am very blessed to have such opportunity!
Office = Structure.
I must do things differently this time. In the past I would let business to take over my life. I am a very driven person and tend to become a work-aholic. My wife has been suffering from it the entire 2.5 years of our marriage. She thinks my business is my “mistress”. It’s sad but often true.
The relationships with my wife, family and friends are infinitely more important to me then financial success. However, that’s easier said then done. I’m still learning to keep my priorities in order and put boundaries on my work time. Now that I will have an office to go to, I hope things will improve:
- I will not work more than 8 hours a day. Monday through Friday 9am to 5pm or something similar. This way I’ll have room for daily exersize, social life and a full night’s rest.
- I will focus on money producing activities. Since my working hours are limited I must use the time wisely. I must learn to work smart and be efficient.
- No working on weekends. That is a general rule. Weekend work would only be allowed if it’s something that cannot be done on a weekday. Open house is a good example of that. My wife will have to approve the activity first - to prevent me from abusing the privilege.
- I will keep all work in the office. No taking work home.
- Blogging, comment moderation, email, etc, will have to be done in the office during working hours. I did however, negotiate a 2 hour blogging/email allowance on Saturday. This way I will not have a huge pile of messages on Monday to go through. So I hope to continue posting daily, except for Sundays.
- Sunday will be a rest day to connect with my Maker and spend quality time with wife, family and friends
I’m Excited About all of This:
- Mentoring under Rich Dad as the missing piece of the puzzle.
- Having my own office space and strict working hours to give me the balance I need.
- Continued flexibility of self-employment.
Yes, I decided NOT to take the normal 9-to-5 job with a “secure” paycheck and benefits. However, under the guidance of Rich Dad I should be able to get my real estate business (AbleBuyer.com) up and running in no time. If I don’t get something going quickly, I can always get a regular job.
By the way… I never said, having a regular job is a BAD thing. A good job provides the financial base to launch your business and/or investing ventures. However, being tied up for 8 hours does have it’s trade-offs. For now I feel I can sacrifice temporary security of a job for attaining financial independence faster.
I want to restructure my RE investing business and call it “Able Buyer of Sacramento” showing a new focus on the local market.
Initially I will be finding deals for Rich Dad and other investors to make some quick cash via assignment fees. I will also use my internet and marketing skills to help sell their houses.
I will use the finder’s fees and commissions to support myself and my wife. Eventually I will get back to doing my own deals. But this time I will go it slowly with expert guidance.
Rich Dad to Offer Mentoring…
Being a test case for Rich Dad’s mentoring program is part of this opportunity. Rich Dad wants to share his experience and knowledge as a way to give back. I will be the first “Guinea Pig”. There may be room for a couple of more people. Email me if you’re interested. The details are still being worked out…
Still Facing Foreclosure and Bankruptcy…
I met with two bankruptcy attorneys in the last couple of days. I’m doing some of my own research online too. Your comments have also been very helpful. Thank you. Will report on my findings and my decision soon.
Still trying to sell the houses. I’m out of cash to continue marketing so I will have to get creative. Things are happening but slowly. There is light at the end of the tunnel. Will update you of the latest developments as it happens.
On Toward The Dream…
I am eager to sell my over-leveraged houses, avoid foreclosure, and attempt to repay every dirty penny I borrowed… and document the process on this blog.
My dream is to achieve financial independence with integrity and be used by The Dream Giver to help people.
I got overzealous, compromised and fell down. Now I’m re-grouping and making a come back… On Toward The Dream!
115 Comments
October 22nd, 2006 at 12:39 am
Good for you!
You are taking all the right steps now.
It’s never too late to start.
Your life begins now.
You are doing the right thing by taking it slow while learning the mistakes of others (and yourself) and learning what needs to be done PROPERLY to get ahead.
Things will work out for you.
I believe in you.
October 22nd, 2006 at 12:41 am
Man, at least when you were depressed you were in touch with reality.
“I will focus on money producing activities. Since my working hours are limited I must use the time wisely. I must learn to work smart and be efficient.”
Then get a second job you bum..or in your case..a first job. Everything you said about strict hours, no taking work home, blogging during work hours..jeez man just admit you don’t want to work!
Yeah, I’d love to hire some punk who watches the clock, doesn’t take any work home to get things done on time, and spends his time during work hours blogging. Guess what shmuck..you already missed the dot com bubble…
October 22nd, 2006 at 2:00 am
this should be good
October 22nd, 2006 at 2:54 am
So is the kicker now we’ll get to hear the awesome pitches from your rich dad’s real estate firm?
Guerilla marketing done at its best, folks.
October 22nd, 2006 at 4:22 am
I’d love to say I’m happy for you, but this situation smells like bullshit.
You seem to be trying to avoid the real issues and hiding behind this mentoring gig, however you’re in far too deep for some opportunity to collect small compensation for finding your friend’s Dad customers.
Dude, you have NO experience in this field. You will not be collecting any steady income which you obviously need to keep up your financial commitments.
The only benefit you get from this situation is an office, and at this point I really don’t see that as a tangiable asset given your bad position. How you are not bankrupt yet is beyond me. What sort of pressure are you getting from banks and collection agencies?
I bet they would be real impressed by your new office…
October 22nd, 2006 at 6:35 am
You’re still killing time - and racking up interest - ahead of foreclosure, bankruptcy and possible jail time.
What did the attorney’s tell you? What are you researching online?
October 22nd, 2006 at 7:07 am
so now you are at the worst of both worlds…
no pay-check, but also an occupation from 9-5, spending your time mostly as the IT-monkey of this cheap ‘Rich Dad’.
good luck, you will need it
October 22nd, 2006 at 7:23 am
::thud::
Casey, if you’re not working on Sunday, how did this get posted? Have you broken your promise already?
October 22nd, 2006 at 8:32 am
No salary??? Please get a real job. The real estate market is overpriced and stagnant in Sacramento.
October 22nd, 2006 at 8:58 am
I flip things too dude. Not houses but motorcycles.
I have read your site and emailed you just once.
Here is a couple of tips from what I have learnt.
You do not make money selling something. You make money when you buy it.
I am not teaching you how to do anything on the buying and selling front, because when I do you become my competetion and hence you’d make my purchase $$ go up by having bidding wars. So in short, the robert allen’s and carelton sheets are essentially talking out of both sides of their mouth, if they succeed in what they claim - AKA teach 100,000+ people to do buying and selling, guess what, it will fail because they’d end up tripping over each other and shafting each other … AKA … the situation we have today.
BTW I have plans for a beautiful log house I would build some day, but guess what, its so good, no one is going to hear about it. because you start building log McMansions … you’d run out of wood post haste. Its a self destructing trend.
There are somethings that are benificial when lots of people know and do, and buying and selling anything pretty much isn’t one of those.
Make of this what you will, buy low, sell high … and it works best when you are the only one doing it.
Cool.
Srinath.
BTW I am not a realestate investor or anyone that is really succesful much in any field.
October 22nd, 2006 at 9:22 am
Now you’ve got it! Its all about hard, diligent work. Never forget that Trump was born into a very wealthy family, so its not like he went from rags-to-riches.
Congrats on finding a mentor! He has a wonderful son (and you have a wonderful friend) for allowing you to have this merciful opportunity.
(BTW, sitting on the exercise ball is great - will really save your back
My grandfather lost everything in the Crash of ‘29. Absolutely everything. However, first, he paid off all his debts (stocks bought on margin), and brought the family out here to CA. Learned his lesson (no borrowing on margin ever again). The family was eating lard sandwiches during the Great Depression, but he quickly got another job working for Pacific Bank (which eventually became Security Pacific Bank). An opportunity arose during the 1930’s when a friend needed to sell a safety deposit box full of cut diamonds for needed cash. My grandfather bought it all with cash. He also bought part ownership in a South American gold mine. So guess what happened when everybody & their brother married (wedding rings) during the 1940’s? Yep, he was prepared and did very well. Grandfather died in the late 90’s - one of the oldest members of the Pacific Coast Stock Exchange. He was a natural investor and has a tremendous instinct for the Market. At the time of his passing, he was worth between 8Mil and 10Mil. He just needed to go through the School of Hard Knocks (like you). There are those who don’t have to learn the hard way and those investors do even better. Congrats to them too!
All the best to you - and stay out of trouble.
October 22nd, 2006 at 10:28 am
Ugh…another wrong turn. Why am I not surprised?
I guess you’re not interested in getting a real job that actually earns a steady paycheck.
October 22nd, 2006 at 10:45 am
So… your plan for repaying the $2,200,000 of debt you’ve run up through real estate speculation is by… speculating in real estate?!
You need to starting reading up on the housing bubble. Now is NOT the time to be purchasing more real estate!
October 22nd, 2006 at 10:54 am
[…] Working 9-5 now, with intention to start a new business […]
October 22nd, 2006 at 11:05 am
I’m Excited About all of This:
Mentoring under Rich Dad as the missing piece of the puzzle.
Umm…your lack of a brain and an ability to deal with reality is the missing piece of the puzzle.
Having my own office space and strict working hours to give me the balance I need.
Balance? You’ve been sitting on your a** for the last few weeks doing nothing but blogging and crying with self pity. As for this office space thing..guess what dude..you are just taking up space. Don’t kid yourself into thinking you have a job. In fact..you are just a freakin’ volunteer…when you start getting paid then you can brag about having a job and limiting it’s effects on your social life. I think rich Dad felt it was cheaper to put you in an office where you could continue to fantasize about being a real estate mogul than to get you hospitalized for delusions of grandeur.
Continued flexibility of self-employment.
See above..you are not employed. You can call it being mentored, learning from the best the missing puzzle…fact is your not employed and I seriously doubt anyone would give a sh*t if you showed up 1 hour late, took a 3 hour lunch, and left 4 hours early.
Hell you don’t even have the work ethic of an entrepreneur. Ask Rich Dad if when he started his business he had all the bullsh*t rules you have made up for yourself. Did he limit the time he spent working? Did he not take home work? Did he spend 2 hours a day at work blogging? Once again you are trying to bypass everything and start acting like Rich Dad before doing any work. He can afford to do all of the above NOW because of the work he did before.
You just don’t get it do ya kid?
October 22nd, 2006 at 11:33 am
Hi Casey,
I’ve been reading your blog for some time now, and appreciate your tenacity and spirit. However I have a really hard time with your honesty and integrity. I get the distinct impression that you are not the least bit sorry that your hand was all the way down to the bottom of the cookie jar, you’re only sorry that you got caught.
Time will tell, but somehow I think that, if and when this financial disaster is behind you, it won’t ever be disclosed to the institutions you’ll seek credit from in the future. If it ever comes down to you having to choose integrity over cash again, I’ll bet that you’ll take the cash every time.
That’s the real shame in this.
October 22nd, 2006 at 12:18 pm
hmmm been following this blog… I would think that successful entrepreneurs don’t put boundaries on the effort they put in to their business. And why is blogging counted under the time allotted for work?
October 22nd, 2006 at 1:02 pm
Before you get yourself into more trouble “helping sell houses” shouldn’t you get licensed? I checked, you’re not listed as an agent in California.
October 22nd, 2006 at 1:04 pm
Casey, you’re being TOTALLY exploited here, and I can’t even begin to fathom why you haven’t realized it yet.
If “Rich Dad” thought you were any good (or at least if he felt genuinely sorry for you), he’d offer you at least a token salary. Instead, he clearly thinks that you’re gullible enough to believe that he’s doing you a favor - and the tragedy is that he appears to be dead right.
You are NOT in a position to accept commission-only work. Unless you’re spectacularly good at turning up leads and closing sales - and, let’s be brutally honest here, you haven’t exactly shown stellar qualities so far - you’ll almost certainly end up earning far less than you would if you had a salaried position.
Besides, who’s going to do business with you, given that a quick Google of ‘Casey Serin’ will reveal the whole hideous mess?
“And why is blogging counted under the time allotted for work?”
Because if Casey isn’t being paid a basic wage, it would be totally outrageous to impose conditions on his employment.
October 22nd, 2006 at 1:08 pm
Hi Casey:
I forgot to mention that my Grandfather was not much older than you when he lost it all: he was 28 years old at the time.
The important thing is that he learned from his experience.
~Misstrial
October 22nd, 2006 at 1:12 pm
Is it me, or does this photo seems just a bit too “staged”? Blue shirt, blue exercise ball (yes, it’s ‘exercise’, not ‘exersize’, you friggin’ dolt — oh, and your back must really be hurting from all that hard work you’ve been doing), blue patch cord, blue Dasani bottle (btw, I make a 6 figure income and I drink water out of the freakin’ tap.) All nicely composed in the shot.
And nice executive walnut desk you’ve got there, you’ve really earned it!
Good luck with your new “position.” Whatever it is…
October 22nd, 2006 at 1:16 pm
Casey:
I know “rich dad” is not paying you, but at least he can buy you a real chair”…
Good luck
October 22nd, 2006 at 1:26 pm
I hope “Rich Dad” is reading your blog. He’ll get a good look at your work ethic and know what he’s in for.
I don’t even know why I come back here. I guess the train wreck is just too fascinating.
October 22nd, 2006 at 1:42 pm
So you’re basically doing several hours of IT support work (otherwise valued at $25-35/hr) a day in return for having to commute and having someone to yell at you for being late??? What does this office accomplish that cannot be accomplished better at home?
Physical proximity to your “rich dad” doesn’t mean a thing if he’s tightfisted with his money and information. And by all your descriptions of the position, I venture to say he is very tightfisted with both.
October 22nd, 2006 at 1:47 pm
This whole blog is solid gold. The shot of you sitting on that ball and staring intently into the computer is an absolute masterpiece.
October 22nd, 2006 at 2:30 pm
They sat by and watched you crash and burn…and now you are there to give them advice?
If you do make any money, just make sure you report it to the IRS as income.
October 22nd, 2006 at 2:52 pm
dude
lets see, you are going to work as a “FREE” IT monkey,
and in return get some advice, that frankly,
almost everyone here, has already told you.
We employ people, our Interns get Minimum wage,
then kick up to double that after 6 months,
our office people get 30-40K to run admin.
Trust me all of them are learning like crazy, and we
pay them.
You need a Job, you need a car, you need to pay off
your debts, you don’t need to be an entrepeneur
right now.
October 22nd, 2006 at 2:52 pm
Wow. Just… wow.
You are facing certain bankruptcy and possible criminal prosecution, and your big priority is not to work on weekends?
If you do end up having to chat with the prosecutors (due to your untiring efforts to turn yourself into the poster child for mortgage fraud), your big hope for not being charged or having the charges reduced is to argue that you were 24, didn’t know any better, and are remorseful about your fraudulent behavior. Remorse might seem plausible if you are now working an IT job for a company that has nothing to do with real estate. Working in a real estate office trying to do “deals” on a commission basis indicates that you have learned nothing, and are almost certainly unrepentant about your past misdeeds.
You are in real trouble - it is time you started acting as if you believed that, instead of regurgitating the dermo you learned at the stupid RE seminars.
October 22nd, 2006 at 3:19 pm
Yellow Alert! Dr. Severin has escaped!
Stardate 5832.3. The Enterprise has pursued several stolen housing units on an unauthorized heading into the Option ARM zone and engaged tractor beams to prevent further movement. Our initial radio contact was with Dr. Severin, leader of the flipper gang, who demonstrated disrespect for reality and demanded be to taken to Eden….
http://www.realmeme.com/roller.....ay_to_eden
October 22nd, 2006 at 3:26 pm
wow… my partner sent me the link of your blog to show someone who had admitted that following RK’s advice led purely and simply to disaster… and first entry I read, it looks like you’re back on the road to even deeper disaster…
One of my best friends is married to a man who’s roughly your age and with a similar type of outlook on life, and who follows RK like a puppy… thank goodness here in Australia it’s hard to rack up $15k in credit card debt going to seminars…
This firend of mine is worried that her husband is already looking to buy more houses when they’re in debt as much as *she* wants to be with their family home… (and that debt is a lot more than myself and my partner wish to entertain…). My partner had sent me your blog to send to my friend to show where such things lead…
A little bit of advice: go to www.anitabell.com and see someone who has achieved what you want to achieve (a “passive” income) through a vastly different approach (actually paying off her debts - as fast as possible - before amassing any more). It’s a completely different outlook to RK, and while it would be hard to find her books in the US, the excerpts on her website should show you the sort of person she is, and if you’re interested in seeing a different way to look at the whole property market, that’s the way I’d go…
http://www.anitabell.com/xtractymortgage.htm
http://www.anitabell.com/xtractymoney.htm
http://www.anitabell.com/xtractyip.htm
October 22nd, 2006 at 3:29 pm
PS - you might want to replace your current blog picture with the one above.
The one above makes you look…how should I put it…less douchbaggy.
October 22nd, 2006 at 3:34 pm
You need serious help. Call Dave Ramsey 888-TALK-BAK (888-825-5225) or go to www.daveramsey.com. He has a radio show with millions of listeners which helps people learn about finances and get out of debt.
October 22nd, 2006 at 3:59 pm
Anon: I thank you a hundred times for the laughs I get every time I read your last post. And believe me, I’ve read it numerous times and it’s still hilarious.
October 22nd, 2006 at 4:12 pm
Casey,
Being a successful entrepeneur is not a 9 to 5 job, 5 days a week. You’re always working. However, if you’ve read The Millionaire Mind, you’ll see those who are successfully self employed don’t consider their jobs to be work.
Entrepeneurs who limit themselves to 9 - 5, quickly find themselves back working for someone else.
Take care.
October 22nd, 2006 at 4:59 pm
ROFL
You really have no clue what it takes to succeed do you?
Your “rules” are a joke. That is EXACTLY the type of attitude that the “clock punchers” you so despise have man.
Entrepreneurs do not limit their work hours like this. And they certainly don’t worry about setting time aside for stupid things like “socializing”.
Grow up. That’s all I can say.
If I had your “rules” I would still be making $40K/year with nothing to show for 20 years in the workforce. If these “rules” are an example of how “Rich Dad” is mentoring you then he probably lost his mind somewhere along the road.
From your description of how he made it happen for himself I find it hard to believe that he put in 40 hour weeks early on in his career. As a matter of fact, if he was a top listing agent in his office I can guarantee you he was putting in a solid 70-80 for years.
Of course you really have no job, so therefore 40 hours a week of twiddling your thumbs blogging, emailing your buddies, and looking for “deals” is probably enough to maintain your status exactly where you are…the bottom of the financial food chain.
You are hopeless.
October 22nd, 2006 at 5:26 pm
“And my beloved proteges, the main secret to value investing is to always — uh, Casey, could replace the toner cartridge in the printer?
“Where was I? Oh yes, when you make your initial offer, be sure to — hmm, Bob, could you go and drop off my dry cleaning? And remember, no starch! You keep forgetting If there’s any starch this time, you’re outta here! I can’t mentor people who screw up.
“Let’s see, identifying the best financing alternatives means remembering three things. Uh, before we get to that, Margaret, when you changed the oil in my Jag yesterday, you got some schmutz on the hood. Be a doll and buff it out for me, okay?
“And finally. Oh, I see it’s 5 p.m. and we’ve run out of time for the day. Before you leave, don’t forget to check the schedule to see who’s supposed to come in early tomorrow and scrub the toilets.”
-”Rich Dad” running his “Mentoring Program”
October 22nd, 2006 at 7:31 pm
Why did you delete my post, and then delete the picture of your Rich Dad’s business after I identified it?
October 22nd, 2006 at 7:38 pm
Casey,
What exactly is the commission arrangment from this “rich dad”? Do you collect when you find a lead with a specific characteristic? When he goes into contract? When he closes? When he sells and make money?
October 22nd, 2006 at 8:50 pm
Hey, I’m the dorky looking guy in the picture in front of the car. Although I have been following this blog since it started to get really interesting about a month or two ago, this is my first comment as I really haven’t had anything to say that hadn’t already been said over and over again by all of the armchair life coaches out there.
Now that Casey has moved into our office I think it is appropriate to add some context to Casey’s story and also answer some of the skeptics out there.
Our Motivation
Yes, part of the reason why we are helping Casey help himself out of his mess is because we think other people might appreciate the opportunity to get a “hands on” Real Estate investing education from us at some point. As a reader of Casey’s blog you’ll actually be able to see how Casey’s thinking and real estate knowledge evolves over time and hopefully reaches the level of sophistication required to be successful in this business. We’re not going to muck up Casey’s blog with our BS, even if we wanted to Casey has too much integrity to allow us to do such a thing.
Another major motivation behind our alliance with Casey was his IT skill set that we are starting to desperately need to keep up with the times. Casey has agreed to help bring us up to date in this department over time.
Rich Dad or Cheap Dad?
Whatever Casey or you the reader wants to call him, it’s fine by us. My father is happy to help Casey with or without the attention from this blog. I’m sure his idenity will be revealed in time but he’s not quite willing to out himself quite yet.
The Cheap Dad comment isn’t accurate at all; he’s probably the most generous man I know. We didn’t give Casey a job for a reason: We have exactly ZERO employees and we’d like to keep it that way for now. Everyone is on commission or is contracted out as needed. If I can’t pick up a check every two weeks from my dad, Casey can’t either.
I’ll stop here for now. I’d like everyone who feels like they need to give Casey a hard time to lighten up a little about it, maybe even have a sense of humor about, we certainly do. He’s made some serious blunders this year and has gotten himself in more trouble then most of us will ever face, what kind of person would think it is appropriate to kick a man when he’s down?
Anyway, this blog will continue to be Casey’s creation, not mine. If I have anything to say I’m happy to do it here like everyone else. I think you’ll enjoy the content a whole lot more now that we’re in the picture. I honestly hope everything works out for the best, try to remember: The future has yet to be written, anything could happen at this point and your guess is as good as mine, but if you want my opinion I think this is shaping up to be a great come back story already.
October 22nd, 2006 at 9:00 pm
Astrid:
“The one above makes you look…how should I put it…less douchbaggy.”
You kiddin’ me? The picture above screams douchbag.
October 22nd, 2006 at 10:20 pm
Can you blog from jail? BTW Don’t drop the soap.
October 22nd, 2006 at 10:58 pm
When I was younger, I was introduced to ‘Rich Dad Poor Dad’ by a “mentor” of mine. After several years of working as a independent contractor I realized that he and the book were full of it.
Robert Kiyosaki uses memes like “Rich Dad” and “Equity Garden” because they sound good to folks who are seeking simple answers to complex questions.
If RK was such a pillar of financial wisdom, why does he make a living selling books and doing speaking engagements? Because we’re all looking for answers and he delivers them on a 3rd grade level that sounds good to the uninitiated.
In ‘Rich Dad Poor Dad’ RK explains the importance of “knowing what your business is.” For example - McDonald’s is in the Real Estate/Franchise business. In the case of Kiyosaki himself, he’s in the author/book-selling/motivational speaking business. He’s been able to put enough stucco on his house of cards that we buy into it.
The “rules” of success sound good enough - but they’re also baloney. Anybody who dives into the world of becoming a marginally successful entrepreneur or freelancer has to accept that they’re in for very long hours, and a commitment above and beyond what lots of people are prepared to tolerate. If your work is one of passion that engages you then none of that will really matter.
October 23rd, 2006 at 12:00 am
Does that ball keep the gerbil getting out?
October 23rd, 2006 at 1:48 am
“You kiddin’ me? The picture above screams douchbag.”
LOL. I concur. And yes it looks staged - by a d******** .
I want so bad to believe this is all some crazy hoax. But I know it isn’t.
The walls are closing in rapidly and Casey seems oblivious. Will he finally get the wake-up call when they show up to arrest him? I wouldn’t bet on it. The media that he’s loving now will show him no pity when he’s in cuffs. Dumbass flippers like him will receive the same disdain and blame as all the amateur wanna-be daytraders did back in the dot-com bubble.
October 23rd, 2006 at 4:02 am
Well, good, Casey! Only one thing: have you ran these rules past your “rich dad”? I only worry that your work hours will not give you enough time to really “dig in” and make it happen fast enough.
You may need to spend much more time than that. Maybe work a bit late some days. You can keep weekends out of the picture, but i suspect you will need to work 9- 7PM or so to really get things going.. or take some work home with you.
Also, you stil lmay need apart-time job to generate some income to keep the utilities going and food onthe table. Also, you may want to consider roommies and rent those houses out. You can still rent them out month-to-month. That way if the house forecloses, your tenant only needs a 30 day notice to move. Trust me, the rental income will help. Perhaps you could use that to at least pay your other bills in the mean-time. Consult with your “rich dad” on that.
Either way, you will find your way out of this. Good luck to you guys. I now have found the joy in blogging for sanity (My blog, myself! I find it strange that you came to the same conclusions regarding “owner financing/wrap-around-mortgages”. I started marketing this on my listings and have gotten more activity on my properties.
We’ll see this through. Many investors get this same kind of backlash that you are getting; everyone telling you to get a job, etc. Then, when you finally get some deals going, people start patting you on the back.
Keep your head up and your eyes open! Surround yourself with successful counselors and get sound advice. Good luck & God Bless!
October 23rd, 2006 at 4:26 am
This is no longer funny - BOOOORING!!!!
Favorites click
move mouse to
I am Facing Foreclosure.Com
right click
move mouse to “Delete”
CLICK!
Move mouse to Yes
Click
Ahhhh - it’s like flushing the BS down the toilet.
October 23rd, 2006 at 5:35 am
Casey,
I just wanted to point out that you should be using a coaster under that bottle of Dasani. You don’t want to stain the desk.
October 23rd, 2006 at 5:40 am
As IT Boy, you might want to hook up a WIFI network in the office as job #1. The Blue Wire is SOOOOO 90’s.
October 23rd, 2006 at 5:50 am
“Whatever Casey or you the reader wants to call him, it’s fine by us. My father is happy to help Casey with or without the attention from this blog. I’m sure his idenity will be revealed in time but he’s not quite willing to out himself quite yet.”
His identity has been revealed on a number of other blogs now. At $61,000/year, two employees, asset protection business… I think a fitting name would be “Poor Dad”.
October 23rd, 2006 at 5:53 am
Dustin,
Sorry, don’t buy it. You and your dad are taking advantage of a guy who is in serious trouble. Nice arrangement for you, bad for casey.
You get free IT support that would cost you a pretty penny if you had to pay for it. Casey gets a bunch of hot air blown up his gullible arse. Instead of paying the guy so he can start to dig his way out of the hole he is in you offer office space as compensation and continue to feed his delusional dream that somehow he can make lots of money without having to work hard.
Fact is he could get everything you are offering him plus a paycheck if he would just go get a real job working for a reputable real estate investment firm. You make it sound like you are offering people some sort of golden opportunity. Work for us for nothing and you will learn how to be rich like us. I can see how that works…work for us for nothing and you will learn how to take advantage of gullible idiots like yourself is more like it.
I know what it takes to make it. I have worked with mutiple successful entrepreneurs including the founder of Diamond Multimedia, Chong-Moon Lee. I sat on a board of a startup with Arthur Rock. I had my own startup acquired by IBM in 2005.
What you and your “Rich Dad” are doing is PATHETIC. You should be ashamed. You have no “employees” because you want to avoid insurance fees and taxes. Better check your employment laws buddy. Calling people “contractors” does not exempt you from having to pay worman’s comp and carry appropriate liability insurance. Keeping people who work for you full time on 1099 for more than 6 months is ILLEGAL in the state of CA. There is a reason you won’t reveal who you are, its because someone might report you to the state as a delinquent employer.
I would love to be a fly on the wall when the IRS eventually gets ahold of you and your “Rich Dad”. I can only imagine what kinds of scams are on your books.
Casey,
If/when you are willing to face reality and you need some real advice from a real entrepreneurial spirit you have my email.
October 23rd, 2006 at 6:01 am
Obviously you jumped in too quick without any working knowledge.
I jumped in after a quickie seminar and reading the lazy man’s book too.
But I used my own cash….so I wasn’t going to throw in the towel too easily. It took me years to save up that $12k downpayment. I was 21 when I became a landlord of a delapidated 6 unit. But with hard work kept the units rented and continued to patch the leaky roof.
I was unemployed at the time, but figured I could get a job at a gas station if I was short on the two loans I took out to finance the place. After two years of leaky roof, clogged toilets, and noisy neighbor complaints at 2 in the morning I threw in the towel. Took a small loss and moved on. I flipped quite a few houses since then. Learning as I went. I figured if those long-haird, pot smoking drunks down at the new subdivision construction site could build a house, I could certainly remodel them. I can do it all now…fix a cracked foundation, rewire a house, change the plumbing or pour a foundation. Doing it myself kept costs way down and allowed me to continually keep an eye on things. I also knew where to find cheap labor who could paint (something I hate to do)
What I find interesting with your comments is that you want to do the same thing I’ve done, but only work 9 to 5.
I worked around the clock….1 part time job + a full-time job, then went to work on my properties.
If you can sit on your excersise ball for just 8 hours a day and do good for yourself…please let us know how.
October 23rd, 2006 at 6:34 am
Well, isn’t this an interesting set of developments. Leaving aside the whole question of whether or not this is a good move for Casey, I have a theory about the photo. One of the following must be true:
- He paid a professional to light and shoot the picture
- He owns professional lighting equipment and knows how to use it
- This simply exposes (hah!) this blog as a marketing attempt by somebody (Rich Dad?)
Paying a professional to shoot a “candid” picture when you’re beyond bankrupt is even stoooopider than the real-estate deals. If he owns the equipment he should either be working as a photographer or have it listed on eBay for lunch money.
I think that the conveniently timed first posting by Dustin, complete with foreshadowing that we’ll find out Rich Dad’s identity in some time, makes it clear that this is just a great publicity stunt on the part of somebody.
Seriously, is there any way this guy would still be at large, still “owning” his houses, after all this time without making payments on 6 houses plus 140,000 in credit card debt?!? The minimum payments on the cards alone would be $2800/month at the 2% minimum, and after 3 months you can be damn sure the phone would be ringing off the hook from collectors.
Still, a very entertaining site. I’m just surprised that you managed to hoodwink NPR into buying it. I’m sure there’s a job for you in government.
October 23rd, 2006 at 6:38 am
I appreciate the fact that you’re trying to make things better, but you’re not trying very hard!
Want to pay back all that money? Get a job. A job is not sitting around blogging — a job actually brings in a steady paycheck. Taco Bell seems to always be hiring. Motels usually need workers, and your local Wal-Mart probably has open positions. I mention all of these because they all are pretty much 24-hour businesses that will offer flexible shifts. You can sit around goofing on your exercise ball all day, and then go really try to make amends by busting your a** at something that actually makes money.
And no, as your friend says, I can’t “lighten up.” Why not? Becuase you and other idiots like you who were more interested in easy money than economic realities are responsible for helping create the bad real estate market we are currently suffering through. Speculators and flippers, along with greedy developers, have caused there to be a glut of homes on the market and a resulting drop in the median home price. Those who had to buy homes (because of job transfers, forced moves, etc.) during the height of your stupidity had to pay inflated prices for properties and inflated property taxes, and now are praying that they don’t have to sell again any time soon, because doing so would mean taking a huge loss in this declining market. So if you think you’ve only screwed up your own finances, think again.
So here’s a little advice that usually seems lost on the young — there’s no such thing as easy money. If it seems too good to be true, it usually is. Success comes from hard work — and no, reading gimmicky books and attending cheesy seminars is not hard work.
October 23rd, 2006 at 7:29 am
Dustin:
I really don’t see how you and your dad are “helping Casey help himself out of this mess.” He needs lots of money right now! Not in 6 months, not in 1 year. And, not the opportunity to make money…real cash…now.
Most concern expressed in comments is because reasonable people don’t see evidence that Casey realizes the extent of his troubles or is taking logical steps to “pay back every dirty penny” he borrowed.
Casey: what’s happening with the banks? what did you decide based on the bankruptcy attorneys’ advice? what happened with the NY deal? Sounds like that guy swindled YOU out of $650!
—hoping you’ll stop being so crazy
October 23rd, 2006 at 7:31 am
BS checker
“Hey, I’m the dorky looking guy in the picture in front of the car.”
If it looks like a dork, talks like a dork, and writes like a dork..guess what..it’s a dork.
“Although I have been following this blog since it started to get really interesting about a month or two ago”
Why would you need to follow his blog if you can talk to him in person?
“Another major motivation behind our alliance with Casey was his IT skill set that we are starting to desperately need to keep up with the times. Casey has agreed to help bring us up to date in this department over time.”
You aren’t DESPERATE enough to pay him though are you?
“Casey a hard time to lighten up a little about it, maybe even have a sense of humor about, we certainly do.”
Would you be laughing if he lost 2.2 million of your dollars? Do you think it’s funny that he lied on his loan applications numerous times? Maybe it’s because you and your crooked Dad do the same thing?
By the way Rich Mom that gerbil comment was hilarious!
October 23rd, 2006 at 7:54 am
Personally, if I had committed loan fraud I would march down to the DA’s office and start writing out my confession.
This “Rich Dad” nonsense is a delusion. You should be working 80 hours a week to put money aside for your legal bills, and to support your family while you’re in jail. Plus it looks like you’re going to need a sizable restitution fund.
What do you think I or anyone else could possibly learn from you?
October 23rd, 2006 at 8:17 am
I would have to say that most of the people who leave negative comments are likely just jealous that they were unable to pull their heads out of the sand at 24 years old and are likely stuck in J.O.B.S. that they can barely stand…
You’ll do fine, just keep the attitude you have!
October 23rd, 2006 at 8:34 am
This is a joke, right? Someone goes from financial disaster to sitting on a blue bouncy ball on the way to financial prosperity?
For all those over history that really want to believe you can get rich doing nothing, take note: Casey is your poster-child, and until he collects the first paycheck, he is no different than those scammed by the “type at home, make $4000 a week!” fools.
The result will be the same. Casey, at least do yourself a favor and start in some job, at the bottom, 9 to 5, Monday through Friday. Get a clue, guy, nobody gets rich for doing nothing, at least not at first.
October 23rd, 2006 at 8:38 am
This is interesting - I wondered about the subtitle on the blog: “getting saved”. Did Casey know all along that he’d be saved by “Rich Dad” as part of an educational marketing program - “let’s find the most screwed flipper and reeducate him”?
October 23rd, 2006 at 9:01 am
If your rich dad appreciates your IT skills, then why doesn’t he pay you for it? The only two things you have right now that are worth anything are your time and mentioned IT skills, and you give them away for free???? According to Dustin, they contract out some work, so why don’t they contract out their IT needs to you, and pay you the going market rate for it? That would really help you, and you could use the reference to find other small business customers, and after a while, putting in hard work and effort, you would have become and entrepreneur in IT services. What’s wrong with that?
October 23rd, 2006 at 9:38 am
I would lose the exercise ball and get a regular office chair, it makes a better impression. I’ve had the same office chair for ten years, once you’ve broken one in it takes on the shape of your a** and is pretty comfortable.
October 23rd, 2006 at 10:21 am
What real estate bust? The New York Times reports that investors JUST paid $5.4 billion for an apartment complex in New York City that was on the market for $4 billion. There’s still money to be made out there, and buyers paying premiums for good properties. I’m not familiar with Utah or New Mexico markets, but you are not going to make it if you concentrate on the mistakes. Do what stock investors do, and cover your losses by buying more. You don’t say much about what your family has in investments, but you could get credit using their retirement accounts, and assemble a more advantageous set properties. I admire your spunk.
October 23rd, 2006 at 10:22 am
Please tell me this is ironic. Please. I beg of you. Oh hang on … it’s not.
I’m not working either, so I don’t get paid. It seems to me that the way to get paid is to get a job that pays money. “2 hour blogging allowance”? Is that a joke? Oh hang on … it’s not.
I’m going for a little lie down. This wouldn’t happen in Blighty, you know. And are you sure that ball is big enough?
October 23rd, 2006 at 10:45 am
I made this image for you, I think it’s pretty perfect.
October 23rd, 2006 at 10:51 am
I just talked to my “Rich Dad” too. He sold most of his real estate holdings last fall. He bought houses in 1994. He is now in cash and waiting to pounce back.
October 23rd, 2006 at 10:56 am
Casey,
It is blatantly obvious that the photo of you behind the desk is staged.
What, exactly, are you trying to accomplish here? You haven’t taken any of the good advice that’s been offered and each post gets more and more outrageous.
If you and your story are truly for real, I actually pity you. You are indeed clueless and living in la-la land. I hope your penchant for delusional thinking will serve you well in the penitentiary. Perhaps you can imagine you’re at a swanky spa eating excellent food prepared by a top notch chef throughout the duration of your incarceration.
You are some piece of work, Mr. Casey Serin.
October 23rd, 2006 at 11:01 am
Hello Casey — I think your blog is very informative and interesting, and your best shot at finding a miracle! Add some more family pics to it, or maybe a pic area?
Cheers!
October 23rd, 2006 at 11:05 am
Just so you don’t become even more misguided, I thought I’d let you know that Kiyosaki (Rich Dad, Poor Dad) is basically a con artist and you should not take his advice seriously unless you are really good at filtering wheat from chaff (you aren’t).
http://www.johntreed.com/Kiyosaki.html
[by the way, Trump is in the same boat]
October 23rd, 2006 at 11:20 am
Interesting. My advice to you stop reading get rich quick books like Rich Dad, Poor Dad and get a good job enjoying what you do and most importantly get rich slowly. I am 35 years old and have a significant amount of cash in savings and in my 401(k). I can sleep at night and I have a great family that is well taken care of. Read A Random Walk Down Wall Street or The Only Investment Guide You’ll Ever Need. Both have worked very well for me and several others. The get rich quick guys only get rich off of suckers, not sound business strategy.
October 23rd, 2006 at 12:05 pm
Why didn’t you post my last comment? If you’re going to censor/ignore innocuous posts, you’ll lose your audience.
October 23rd, 2006 at 12:15 pm
“You may need to spend much more time than that. Maybe work a bit late some days. You can keep weekends out of the picture, but i suspect you will need to work 9- 7PM or so to really get things going.. or take some work home with you.”
Take off weekends? And be in the house buying and selling business?
Not in this Reality. While bankers per se take off weekends, go home on time, etc., self-employed “bird doggers” are going to be finding the Saturday and Sunday open houses to be their busiest days.
Of course, when Casey bought those houses in distant states, pretty much based on having them “assigned” to him, is my hunch, he could do it long distance. I think it’s very unlikely that his new so-called “Rich Dad” is going to let him “bird dog” potential transactions just from Internet searches. Which means a lot of shoe leather gets spent visiting properties, checking out the hidden gotchas, and finding the occasional bargain. If this is not the kind of “on the ground” learning Casey is hoping to get from his “Rich Dad” and the “mentoring,” then I don’t know why he’s bothering to work with this “Rich Dad.”
In my part of California, the successful real estate offices have agents who spend most weekends at properties, putting up signs, seeing the properties in detail, seeing the flaws, and visiting other properties. (Thursday is another big open house day around here…it may vary in other parts of the state.)
By the way, in my first 12 years as an engineer in the chip industry, I worked past five p.m. every day, I took a briefcase full of papers home, I often went in on Saturdays, and I thought about my projects much of the time, even in my off-hours.
Casey is naive to think he can can get back on financial track with this “bird dogging” scheme, and naive to think he can back on personal track by limiting himself to 40 hours a week at work (minus his blogging time).
I think he needs to liquidate those properties at fire sale prices and take his lumps. The banks and the IRS will place limits on this, but it’s pretty much all he can do. Hanging on and hoping he can sell those properties for more than deeply discounted prices is obviously a losing proposition.
(If there is not real interest in the properties in this many months, the asking prices are too high. Simple Econ 1.)
–Tim
October 23rd, 2006 at 1:13 pm
re: “just jealous that they were unable to pull their heads out of the sand at 24 years old”
Jealous of what? Of committing fraud? Of racking up 200K+ debt in less than a year? Of trashing credit for years to come? Of wasting a year never making even 1 penny of real profit? What in the world is there to be jealous of?
At 24 I was working 70+ hours a week, sometimes I went 30+ days without a day from work. Yes seven days a week for over a month. One week I even put in 105 hours because business demanded it and the money was too good. I had 0 debt, perfect credit, savings, a home, etc, etc.
The moral of the story is it takes WORK to make it. Sitting on your a** running up debts and blogging while the world crashes in around you is nothing anyone would be jealous of.
October 23rd, 2006 at 1:17 pm
Regardless of “Rich-dads” intentions, he is making a huge mistake by associating with Casey. Nobody in their right mind would touch Casey with a ten-foot pole. It’s only a matter of time, maybe just days until law enforcement swoops down on Casey. A smart person would not have any business dealings or even a light association with Casey at this point.
October 23rd, 2006 at 1:18 pm
What’s up with that red cup on the floor by the desk?
October 23rd, 2006 at 2:40 pm
I’m not sure if buying all the real estate with zero knowledge was the mistake or confising your lies to usa today.. I think the second one will hurt a lot more than the first.. as you can file bk and in about 3years will a 25% down payment you will be able to by a home again.. The usa today spill will send you to the shower with a guy named bubba and they don’t have BK for jail time yet.. but maybe you can work in the night for some attorney to pay for a insanity defense.. It may work with once you tell the jury that you used “lair loans” on homes that you did not look at.
Lastly do not get ride of the exercise ball as bubba will enjoy the tightness….. in the paper you talked about a sucking sound.. don’t cheat on bubba
October 23rd, 2006 at 2:58 pm
“As IT Boy, you might want to hook up a WIFI network in the office as job #1. The Blue Wire is SOOOOO 90’s.”
No way, dude. It goes so perfectly with the Dansani bottle, blue shirt and blue bouncy ball.
You can’t mess with the color placement, it’ll throw the entire shoot off balance.
the red kegger cup at the bottom of the desk is wrong, though. Perhaps an attempt to fake realism?
October 23rd, 2006 at 3:45 pm
I’m leaning towards the publicity stunt aspect. With this rich dad in play, it would be a lot easier for Casey to fake his titles and loans (depending on what rich dad does).
I guess one would have to pull Casey’s full credit report to see.
October 23rd, 2006 at 4:25 pm
I agree, the bucket behind the desk should be blue — maybe you can Photoshop it ? Whoever set up that shot is a real pro — great work, Casey ! I’m looking forward to more photos, and the ensuing “where is Springfield”-type discussion on the blog. I mean, everyone knows that neither Casey nor Homer Simpson are real, but speculating about them is so much fun !
October 23rd, 2006 at 6:04 pm
Dustin:
I don’t know if you are a sock puppet or really son of “rich dad,” but I do know who “rich dad” is. Well, let me restate. “Rich dad” may not exist, but I know who owns that building behind you.
My advice to you is to shut your pie hole. Casey’s already gotten into trouble revealing more about himself and his situation than he should. Now, you’re confessing about your “arrangement” in a way that could mean “rich dad” and “poor dad” start sharing the same tax bracket.
October 23rd, 2006 at 6:21 pm
“Rich Dad wants to share his experience and knowledge as a way to ‘give back’. There is room for a couple of more people. This is your chance to get on the ground floor of this thing. If you are interested, email me and I will introduce you. More on Rich Dad and mentorship program later. The details are still being worked out…”
What kind of idiot would let a investment failure/fraud let him introduce them to a “ground floor” opportunity? Oh that’s right there is a sucker born every minute that falls for guru cliché’s like: “give back”, and “ground floor opportunity”. Why do all these gurus claim they want to give back, but then they charge sucker students like you. Most gurus make their money off selling “the dream” to suckers.
October 23rd, 2006 at 7:56 pm
Casey’s on the ball and Dean is going mean for green. Ya wanna know who makes money in down RE markets? Sharks & swindlers. My guess is that Rich Dad is a shark, which means Casey is chum. Or you can go into the auction
October 23rd, 2006 at 8:47 pm
This is enjoyable and hilarious. The thing I adore about your blog is that people bombard you with hostile comments and you more or less ignore all of it, you just maintain your absurd attitude of optimism. It’s inspiring, really.
October 23rd, 2006 at 11:36 pm
Casey,
You are now very popular. Thanks to USA Today. You might not make your money on real estate, but I have hunch that you will be rich in some other ways. Perhaps a book deal is in the works. The publicity generated is amazing. You might have the last laugh after all. Only time will tell.
October 24th, 2006 at 7:45 am
I am weak with laughter. If you get a book deal and make money out of that, I will laugh even more. The world is a strange place.
And stop moderating your comments. You put yourself up for this by blogging about it: take it on the chin. After all, you’ve got a two hour blogging allowance every day to compose carefully-worded replies …
October 24th, 2006 at 1:08 pm
If you want a good income, why not go back to web programming and go freelance? It’s honest, REAL work and you can bill up to the low $100’s per hour.
Seems to work well for me, and there’s no “dirty money” involved!
October 24th, 2006 at 3:25 pm
For those of you wondering about the red cup behind the desk is for….it’s obviously for Casey to piss in…not only won’t they pay him, but they won’t let him use the bathrooms. (Doesn’t have a pot to piss in, get it?)
Really, Casey, that picture kills me…the way you’re sticking your a** out to balance on that ball coupled with the oh-so-serious, intent expression is priceless.
October 24th, 2006 at 4:47 pm
Sounds like you have been through the baptism of fire for real estate. I almost mede the same mistake but fortunately I ran into some very wise advice before I got in too deep.
I’ll email you to see if we can do anything to help.
Thanks for your openness to prevent others from falling into the same pit.
Bill Travis
www.usa-homesavers.com
October 24th, 2006 at 9:26 pm
I appreciate your rules but might remind you that a whole lot of “normal people” would kill for a 9-5 gig like you have
October 25th, 2006 at 4:32 am
My magic 8-ball says that the ‘Rich Dad’ character either has no clue what the flipper-character is up to, or has been sufficiently impressed by Flipper’s perseverance that he’s got a job that only a proven patsy can do - in this case, working unpaid while preparing for bankruptcy. So, will Flipper be left holding the bag for some scam of Rich Dad’s (TIP: if he had any desire to help Flipper, he would have said ‘You’re out of your mind!’ when he heard about the real estate seminars.), or will he be made bondslave?
October 25th, 2006 at 7:13 am
Lately when I need a good laugh, I just look at the picture above. Comedy gold indeed.
I’m starting to think Casey is brainwashed from all those cult meetings he went to. After all this he really believes he’s running a business.
It’s going to be a hard day when reality hits him. He could have had more fun and better chances at profit it he would have taken the $200k+ to Vegas instead.
October 25th, 2006 at 2:20 pm
John T Reed? MUHAHAHAHA. Maye people would take him seriously if his web site didn’t look like it was designed in 1994.
October 25th, 2006 at 7:21 pm
Tully,
John T. Reed certainly IS low-budget, and is hardly inspiring as an investor in real estate, but he is knowledgeable, even if he has only had modest success as an investor with only 117 units under his belt. Um…however, I don’t think if he actually hired a real web designer that people would take him any more seriously.
October 29th, 2006 at 6:42 am
Can anyone really have such a life as out of control and extreme and wildly paced as this? Then I think of some of the things I’ve gone through and I say…. yes. Then there was that almost too perfect blue photo of him on top of an exercise ball. What am I to make of this guy now? Earlier on, I was sympathetic about his situation when I first caught wind of his story; now I’m definitely sensing Casey becoming a bit of a media
October 29th, 2006 at 6:42 am
Can anyone really have such a life as out of control and extreme and wildly paced as this? Then I think of some of the things I’ve gone through and I say…. yes. Then there was that almost too perfect blue photo of him on top of an exercise ball. What am I to make of this guy now? Earlier on, I was sympathetic about his situation when I first caught wind of his story; now I’m definitely sensing Casey becoming a bit of a media
October 30th, 2006 at 6:10 am
After taking a stroll thru your blog, I have concluded, as I close in on middle age, that a couple of those worn-out cliches were hear all the time are actually true:
1. In America, any boy can grow up to be President
(see current occupant of 1600 Pennsylvania Avenue), and
2. Youth is wasted on the young.
Good Luck, kiddo…and remember, Wal-Mart is always hirin’.
October 31st, 2006 at 12:20 am
A lot of people here are a bunch of cowards, facinated by someone down on his luck, The fact is most of you cowards live paycheck to paycheck and scared to run your own business or take risk of that sort because thats how the goverment has u controlled, Can’t blame the guy for trying
at first u don’t succedd pick urself and try again
November 6th, 2006 at 4:54 am
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November 7th, 2006 at 1:21 pm
[…] Originally Posted by Insidetheloop Here’s an interesting trainwreck of a website I have been casually looking at over the past few months http://iamfacingforeclosure.com Some 24 year old guy managed to dig himself into over $2.2 million in debt trying to flip houses using all those get rich quick schemes shown on late night TV. If you read his blog you will understand how over his head he is in this mess. The reader comments below his posts are fascinating. Great site! I especially like his rules he’s applying to his work life. __________________ You can�t make Socialists out of individualists. Children who know how to think for themselves spoil the harmony of the collective society which is coming. — John Dewey […]
November 10th, 2006 at 2:35 am
Get real dude:
“Blogging, comment moderation, email, etc, will have to be done in the office during working hours. ”
These are NOT work related activities = they are self-promotional activities of a young man who does not know, understand or value hard work. When you work 8 hours a day, that is what you do - work… not blog, IM, e-mail, etc., etc.,
Get a job
Give up the blogging and constant self-promotion of “help me help me”
If you have to, move back in with your parents. That is what people do when they have over extended themselves.
November 30th, 2006 at 12:58 pm
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November 30th, 2006 at 1:44 pm
I agree 100% with Les Webster.
In addition, I have never met or known anyone to be sucessfully self-employed and only work 8 hours a day, 5 days a week.
Who do you think you are? Have ever even stepped foot in a University? Why don’t you be a man and get a job rather that crying to the world how your get-rich-quick scheme that required no edjucation, no work, no interligence and no experience failed.
Boo-Hoo. If you were 6 years old and had a failed lemonaide stand, I might feel some sympothy for you. However, your an adult and you got burned by trying to take the easy way. You apparently still haven’t learned your lesson because you are still looking for quick fixes to fix the problem.
December 2nd, 2006 at 2:04 am
because last night I was having a business meeting until 2am. Now that I’m working with Chris I will be having late night meetings often. Yesterday I got up at 3 PM because I stayed up all night working to meet a deadline. (I no longer work out of my local rich dad’s office but instead work from home.) My problem is that I’m a night person and I tend to procrastinate. So when pressed for a deadline I will stay up as late as necessary to get work done. And naturally I will sleep-in.
April 2nd, 2007 at 5:51 pm
I am a Loan Officer with The Elite Mortgage Group and I have a commercial loan product that is blowing the roof off of the competition. I offer 100% financing up to a loan amount of $1,000,000.00, on Stated Income! Also, a Commercial Equity Line Of Credit or Loan on Stated Income Stated Asset, NO appraisal required, NO escrow or Title fees and a 30-60 day turnaround to doc’s and funding!