We’re flying back to Sacramento this morning. Utah trip was a success!
My money partner and I had a very productive time of business meetings with our Utah associates and analyzing some deals. I also got to check up on the wrap property and got to hang out with my fellow real estate blogger Nigel Swaby. He had his first wheatgrass shot with me as we talked about future possibilities for our blogs.
Click on any of the pictures for a photo gallery of the trip:
172 Comments
March 6th, 2007 at 8:14 am
Define ’success.’ What were you even doing out there?
The ‘investing and flipping’ tag makes me cringe, since you have nothing to invest. You do realize the only thing keeping you safe from your creditors is the perception that you have no resources? You do realize that the moment you get any dirty pennies, Cashcall is going to swoop in and demand them all, provided your dozens of other creditors don’t get there first?
March 6th, 2007 at 8:14 am
Casey,
If by success you mean a little kid got to get all dressed up, act like a real business person and then get rewarded by a trip to macaroni grill, then congratulations on your version of success.
Over a month since you updated your financials. Inquiring minds want to know so we can have a good laught. Please update.
20% of your timeline has passed til your supposed to have $5k in passive income. How them goals coming along?
Stop fooling yourself and file BK. You are lucky lenders don’t break legs anymore.
March 6th, 2007 at 8:15 am
Please define “success.” Looks like you just went out to eat a lot and spent money you don’t have.
March 6th, 2007 at 8:15 am
WOW CASEY!!!! I’ve been vegan for nearly 20 years, and find it fun and challenging to reproduce vegan versions of standard dead-animal based foods. I’ve made vegan hamburgers, vegan chicken nuggets, hell even vegan pizza (with cheese and everything). But those vegan crab legs really take the f****** cake! Not only are you an international real estate superstar, but you are a wizard of mock-meat cuisine! The color and texture of those vegan crab legs look so incredibly real! How did you do that?!? Please, oh master, share your powerful secrets with us!!!!
March 6th, 2007 at 8:20 am
As the picture suggests - you have huge balls, son.
Some of the comments/titles on your pictures seemed to be condescending of the fine folks of Utah. Don’t be a hater, Casey.
Looking forward to hearing about the latest deals. Great pics. Not sure who that Nigel guy is, but his Russian mobster leather jacket is a great compliment to your kiddie dress up clothes.
Rock on!
March 6th, 2007 at 8:31 am
So….Nigel…..what was your take??? Just exactly how disconnected from reality was young Casey? Who paid for the Jamba juice?
March 6th, 2007 at 8:33 am
Could you tell us how you are monetizing the blog? How much do you get for selling links?
Also, why are you looking at perfect houses to flip? Why would someone sell a house for 60 or 70% of it’s true value, when it is in perfect condition? If they could sell that cheap, then they must have a decent amount of equity. Even if they needed the cash to wait out a better deal, they could pull out a large home equity line of credit to cover the payments while waiting to sell. This sounds like BS to lower the price from 2.45 mil to 2 mil or even more. Is the appraisal that far off from reality? Who would walk away from 500k just to get a house sold fast?
March 6th, 2007 at 8:41 am
What is the status of the Utah wrap? Shouldn’t you have talked to those folks?
March 6th, 2007 at 8:45 am
Hey KC!
You KNOW your “money partner” has to be running some sort of advance-fee loan scam, don’t you? Let me guess, he got $5000 from you for $100000 in credit, right? You know you’ll never get that loan, right?
Of course, I might be wrong but you’d better hope that I’m not… what I indicated above is probably the BEST scenario!
Bill from PVB
Anti spam word: letsdoit
March 6th, 2007 at 8:47 am
Still looking to be someone else’s bigger fool…
Guess some people never learn. If one is willing to sell you something at a “discount” why would you buy it?
March 6th, 2007 at 8:53 am
Casey,
About the $2.45 Million house you saw…Hate to break it to you but in a declining market, appraisals lag “market” value. So if it’s on the market and not selling for $2MM then its “value” is something less than that.
So what is your strategy? You somehow get the place for 1.7, do no fix ups because you don’t do manual labor and the place is already fixed up (or brand new) and then pray that someone will come along with a bag of money and pay you 2.4 because some appraisal says that’s what it should be worth??? Why wouldn’t such a buyer grab it now when it could be had for under 2 million?
You must think that everyone is as dumb as you.
March 6th, 2007 at 8:54 am
Tell us more about your upcoming TV show that was mentioned on Nigel Swaby’s blog?
How much are you getting paid for that?
What are the other two big media items?
March 6th, 2007 at 8:58 am
Your comment on the picture of crab legs is interesting - “had to splurge after a full day of business.”
Can you please enlighten us why you feel the need to reward yourself or splurge for doing things that 99.9% of people in the world do EVERY DAY?
March 6th, 2007 at 9:05 am
I remember riding in the car with my cousin and uncle as a child. My cousin has one of those fake playskool steering wheels.
Sitting in the front passenger seat, my cousin would turn his fake wheel, back and forth, and he had such a grin… because he was riding the car with Daddy!
You remind me of my little cousin. Only you get to wear grown up clothes, take airplane trips, and can pretend you’re a businessman!
“Look at me Mommy… I’m a businessman… just like Daddy!”
March 6th, 2007 at 9:08 am
So, since you were in Utah, you’ll be able to tell us all about the missing payment…you DID get that cleared up, right?
March 6th, 2007 at 9:09 am
Casey will soon be richer than John D. Rockefeller was. Loosers! Say your sorry to Casey now.
March 6th, 2007 at 9:12 am
Casey, I still don’t understand one thing.
Someone paid to have you around. He drove a bling bling Chrysler 300, invited you to a “haute cuisine” dinner at the Macaroni Grill, and then took lots of pics of you.
I have a couple of ideas.
1) He wanted to enter you in the “World’s Dumbest People” Darwin Award contest, and needed photographic proof.
2) He needed someone to laugh at.
3) He needed someone inferior to him, so he could feel better about himself.
4) He’s dumber than you.
OK, OK. Enough with that. Seriously, what do you bring to the table? Your inexperience? Your lovely, innocent face? Your stupidity? Your inability to close a good deal? Your lack of education? Your denial of reality? Your gambling compulsion? Your dreams that have no basis on reality?
Casey, you do realize you are *this* close to divorce? That you’ve hurt G’s feelings? That you’ve hurt G’s credit rating? That she’ll probably never recover from your actions? Are you OK with dragging innocent people’s names thru the mud?
How can you reconcile your actions with your supposed Christianism?
Go back to Russia, Casey. We don’t want your type here.
March 6th, 2007 at 9:13 am
I’m not a hater, Casey, but that slideshow made me cringe. I am working two jobs to pay my credit card debt and am living as frugally as I can. You are millions in debt and you are driving around in expensive rental cars, eating costly dinners, and traveling to scope out far-away deals. Who is paying for all this? What type of deal did you make with your partner? Please make all of this spending make sense. Or else this blog is just a vanity and I’m not interested in reading how you are living it up. Full disclosure, Casey, please.
March 6th, 2007 at 9:16 am
Atlas Shrugged but your Haterz™ shrug it off. Your steadfast refusal to identify your money partner goes against everything you say the you consider scared like telling the whole truth. You had better pray to your Maker that the Special Master isn’t underwater on his personal home cause when he sees these pics and reads your story he’s not gonna go easy.
Oh, you are too young but this picture mirrors one of the real estate sales techniques of a guy named Robert Ringer from 25 years ago. Recommended reading.
March 6th, 2007 at 9:22 am
With the new regulations on loans coming down, I’d love to hear how you will pull this off. If everything happens through the money lenders then what the heck do they need you for? You can’t find deals, you can’t estimate the work needed properly.
March 6th, 2007 at 9:25 am
Success in what way? Did you accomplish anything of material value?
You say you managed to “check up” on the Utah property. Does that mean you got the payment problem straightened out for the buyers? Or that you just drove by the house?
This trip seems like yet another waste of time and distraction from the things you should really be doing.
A week ago you were pathetically flat broke. Have you paid rent for your room? What’s going on with the 50k note you were supposed to make your first payment on last month?
I predict “money partner” will be gone once he’s sifted through those contacts mentioned somewhere. In regards to RE, you have nothing to offer, a horrible track record, and those contacts(marginal as they must be) are the only thing you can bring to the table. With the financial/legal mess you have, nobody in their right mind is going to do deals with you.
March 6th, 2007 at 9:27 am
Casey,
Wow. Are you really this dumb? It’s just mindboggling. I undersand why you keep doing this, it’s fun. But are you really still convinced you have ANY clue what you are doing?
If your sister kicks you out of her house reality is bound to set in eventually. Until then she is providing you a chance to continue to play businessman:
See me wear cute clothes.
See me look at cute houses.
See me eat cute meals.
See me loose a million dollars.
See me loose another million dollars.
See me write about wheat grass.
March 6th, 2007 at 9:33 am
Gentlemen! I have just returned from the bathroom and the trip was a HUGE SUCCESS!!! I networked with one of the gentlemen from our assets department and spoke to a lady from the audit department about her upcoming trip on the way out. I laid a nice huge turd and didn’t have to use too much paper to wipe all the crap off my rear end. I even succeeded at washing my hands. I am setting a goal of getting a nice salad at the cafeteria in a few minutes and I expect that trip to be a success also!
March 6th, 2007 at 9:41 am
Casey: Making any headway on your corporate credit & app-or-ama plans?
You can’t swing any new deals without corporate credit and something to shield your personal backside from all the business risks.
March 6th, 2007 at 9:46 am
Can you say what neighborhood that was? I have to admit, it is absolutely beautiful there, and the architecture is really interesting. What suburb of Utah was that?
March 6th, 2007 at 9:47 am
Trying way too hard with stale material. You can tell when a sitcom has jumped the shark, they’ll recycle the same, tired gags and wonder why nobody laughs.
The gratuitous Macaroni Grill and Jamba shots coupled with vauge ideas of flipping more houses - it’s all been done here before. This blog has very little left. It will be interesting around the end of the month to see the remaining properties go bye-bye. Casey can even do some interesting posts as the creditors come calling - but it’s a limited venue at best.
All that would be left would be the legal issues - Bets on whether it’s civil or criminal court first? We’ll likely find out in the news papers, but not here. Any remotely competent attorney will shut down the blog when the fecal matter begins to hit the air circulation device.
It’s a slow train wreck from here forward, and with the exception of the end of the month and one or two inspired post Casey may manage to pull off, it’ll be about as interesting as watching paint dry.
March 6th, 2007 at 10:01 am
C’mon, folks.
This post is absolutely designed to hit all the hater hot buttons and guarantee a flood of reponses:
Macaroni Grill, check
Wheat Juice, check
Organic hair creme, check
On and on…..
You should check out Nigel’s description of the trip on his blog, however.
March 6th, 2007 at 10:02 am
Oh, and by the way, interesting to see that after the wrap investors fixed it up they’re listing it now for 669,900! Even if you had to spend 150K to work on it and finish it up back last year, you would likely have made a sweet buck on this one.
March 6th, 2007 at 10:04 am
I have to ask, in hopes that you’ll answer:
What is it that you think businessmen do?
A lot of my clients run their own businesses, and here are a few things I’ve noticed:
1. They avoid business trips if possible. Anything that can be done with conference calls, done. (Now vacations, they’re all over them).
2. They have employees (some of them), and they do delegate a lot of the work, but they also do a lot of it themselves. A couple of them are fixing and flipping, and if you call them, they are often at a worksite, ummm…fixing. And they do this in their time off. (And the fix/flip is very near their house).
3. They don’t take pictures. Really, they manage to run their businesses without taking pictures of everything they eat, drink, and see. It’s astonishing, but true.
4. They dress like adults. When they want to be taken seriously is not when they pull out the yellow tie and the blue shirt.
March 6th, 2007 at 10:16 am
Wow Casey. Do you know why people dislike you?
I work hard for my money. I have a 6 figure income from my JOB. I do not rent a Chrysler 300 on my vacations because I know how hard I had to work to get that money.
You don’t have a job. You don’t have a concept of what money is. You think you can get rich by cash-backs and borrowing. You are in debt up to your eye-balls. However, you rent fancy cars and eat at fancy restaurants. WTF?
March 6th, 2007 at 10:18 am
So….Nigel…..what was your take??? Just exactly how disconnected from reality was young Casey? Who paid for the Jamba juice?
I’ll have a post answering most of these questions later today. I paid for the Jamba Juice. It was my treat. It was well worth the expense ($7.47, cash, no overdraft) to be able to tell Casey face to face to get a job. That’s something the “haters” would “kill and die” to do.
“Sweet!”
March 6th, 2007 at 10:23 am
Money partner?? Utah associates?? What exactly did you accomplish out there besides wearing a tie and renting a car just like a real businessman?
Does the “money partner” know how much money you’ve burned? And if he is the money partner, I hope that doesn’t make you the “brain partner”?
And seriously, what is the business benefit of going so far afield? Doesn’t that just add complexity and costs to anything you do?
March 6th, 2007 at 10:25 am
suc·cess /səkˈsɛs/ Pronunciation[suhk-ses]–noun
1. the favorable or prosperous termination of attempts or endeavors.
Please explain to me what you succeeded at, exactly.
Oh thats right, nothing.
March 6th, 2007 at 10:38 am
I bet that “hick” paid cash for his elk taxidermy.
That’s all natural, free-range organic meat, too.
Frankly, that’s the only picture in your entire pathetic journal that I envy.
March 6th, 2007 at 10:57 am
A few words from a Utah native.
Nigel just published an entry on his blog about Utah is “different”, how it won’t suffer the same fate as other areas afflicted by the housing bubble. The very fact that Casey Serin is in Utah is proof positive that Utah is not, in fact, different, and will, in fact, go the way of California, Arizona, and all the other (now post-)housing bubble states.
Nigel also went to great lengths explaining how Utah’s real estate market is different because the registration process for real estate professionals screens out the shady, or outright criminal, types. I refer you to the above paragraph regarding Casey Serin’s presence in Utah.
That photo that you have posted is not any temple I’m aware of, in fact I think it’s a stake center. But if you’re right, and property prices by the temples are zooming thanks to speculators like Casey, and my grandmother, who lives a block from the temple, sees her property tax bill go up because of it, you can officially move me out of the “train wreck watchers” category and into the “haters” category.
Those views from South Mountain are, in fact, fantastic, just as long as you don’t mind a little smog. Oh, and there’s a reason that most communities in the West now have laws prohibiting people from building along ridge lines: because a few people get a nice view while a whole lot of people have their otherwise beautiful view of a mountain range ruined by a bunch of cheap-o McMansions. Too bad Salt Lake was too slow to put those restrictions in place before the developers got to South Mountain.
Utah has, historically, had one of the worst income-to-cost-of-living ratios in the country. The only reason they’ve graduated off the bottom of the list is that some other states have become even worse. But when most people in Utah work for the ski resorts or the call centers, you have to wonder where all the money to buy all those homes is going to come from. But, oh that’s right, it’s different there . . .
Enjoy the 20% year-over-year appreciation while it lasts . . . something tells me that it’s not going to. Say, I wonder how many Utah home buyers are in that sub-prime category . . .
March 6th, 2007 at 11:04 am
Nigel is kinda cute!
March 6th, 2007 at 11:23 am
“We like to be around 65-70%” ????
Huh, based on your past deals I thought you were aiming for 165-170%.
March 6th, 2007 at 11:30 am
Hi Casey,
Bad appraisals seem to have been one of the things that got you in trouble in the first place. Please, please read this closely — if you purchase that house you are going to be paying 100% of its value. You will be the highest bidder. You will not be able to turn around and sell the house for more than what you paid for it because you were the buyer that was willing to pay the most for it.
Please read the above paragraph over and over again.
March 6th, 2007 at 11:45 am
LOL
Sweet vacation, Casey.
Yum… crab legs.
March 6th, 2007 at 11:47 am
Casey —
How much are you spending on getting your hair highlighted?
March 6th, 2007 at 11:48 am
What is a ‘’money partner”? And who in their right mind would partner with Casey in any way whatsoever? And what does Nigel expect to gain from all this? And where did the money come from to pay for this trip?
March 6th, 2007 at 11:50 am
Congratulations on your successful chat with other people!
March 6th, 2007 at 12:11 pm
Here’s what Nigel Swaby had to say about his meeting with Casey. Quite a different opinion about the trip than Casey:
Get a Job
That was essentially the message I gave Casey Serin when we met last night. By the end of this month, he will be real estate free, either by foreclosure or by short sale. However, he’ll still have about $150k in unsecured debt he needs to negotiate and pay. A job will definitely help.
Casey’s at the point where he’s run out of options. As we talked, he suggested a few different scenarios, but none of them were concrete and none of them were stable. The key point I kept coming back to him with was, “There’s too many ‘ifs’ in that scenario.”
Perhaps it was the in person aspect, perhaps the fact I’ve been telling him since September he needs to get a job, but Casey finally relented. I offered to review his resume and help him spruce it up if he needed help.
As we left the Jamba Juice, Casey queried the night manager about what a job there paid. The manager was diplomatic about it, explaining that experience helped boost the starting wage. Ultimately, the answer was - $5.15 per hour, the current minimum wage in Utah. The manager also explained they were short on help during the day and offered more pay for those shifts. He mentioned they mostly recruited college students for those positions.
This explanation helps serve my theory that wages are going up, partially due to short supply of employees. Fellow Salt Lake blogger Greg Tracy had a great article a few days ago about Utah wages. They have grown quite a bit, with Utah wages ranking #9 in the nation in 2005.
Casey has headed back home to Sacramento with a new goal in mind - finding a job. He still has income and promotional opportunities through his blog and through real estate, but they will be taking a back burner to his new #1 focus - getting a job.
Labels: casey serin, unemployment, wage increases
March 6th, 2007 at 12:12 pm
Your “money partner” is this mom and dad? That’s the only people in your life with unconditional love ready to blindly disregard common sense. If not, then who is this person voluntarily entering the money vacuum otherwise known as casey serin? Forgive me if this was explained earlier.
March 6th, 2007 at 12:19 pm
Casey, did you listen to what Nigel (your new partner) told you in October?
#
31. Nigel Swaby
October 6th, 2006 at 11:31 pm
Casey,
You know I previously posted some suggestions on how you can get yourself out of this mess ethically and legally. Your plan to position yourself as a bird-dog is misguided. First of all, though I hate to rip on you, other posters have accurately pointed out you are challenged in finding good deals. Secondly, your blog is being picked up extensively in the real estate community and unfortunately you haven’t positioned yourself as an expert.
If you’re serious about the bird-dogging, that is definitely something you can do part-time. I suggest you continue seeking permanent employment. I understand your dream. I’ve been in a similar position before and I understand it’s difficult to give up on your dream. I’ve found getting some sort of employment is a good thing. It takes some pressure off financially and it brings a positive aspect to day to day life. If you had one job offer for 70k, I hope you can get another one. Don’t postpone starting. Take an offer right away.
Unemployment in this country is at historic lows. Take advantage of it. I wish you luck!
Nigel
Casey suggestions: http://slcrealestate.blogspot&.....lemma.html
March 6th, 2007 at 12:21 pm
Nigel is basically hanging around an admitted criminal for several reasons:
1. Traffic
2. Traffic
3. Traffic
I guess integrity goes out the window in the name of page views. Actually, by associating himself with Casey and posing for pictures, Nigel is inserting himself into the role of public figure as well and thus could easily become the target of all sorts of jokes and things with no legal recourse. Disclaimer: I am not a lawyer so skewer Nigel at your own risk.
To Casey: Please skip a juice and a wheatgrass shot and use that money to buy a new shirt.
March 6th, 2007 at 12:30 pm
There are plenty of sweet deals out there just waiting to be made. Casey just needs to stay afloat long enough to catch the next wave. Over the long term, real estate never goes down!
It’s a new paradigm, and everybody who doesn’t buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their property will continue its 30% yearly price increase.
Renters, and anybody born in a future generation, will not be able to afford a $10,000,000 starter home in 15 years. They will live in tent cities, and Hondas.
This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.
March 6th, 2007 at 12:34 pm
Question for Nigel (since Snowflake won’t address anything of substance): what was your experience with wearing the wire like? Did the law enforcement agency running the sting operation give you one of the state-of-the-art devices, or was it older and kinda clunky? Were they able to fit it so that you had full range of motion in your arms, or was it too tight?
Looking forward to seeing the show on Casey come out. So glad that our cable package includes CourtTV.
March 6th, 2007 at 12:38 pm
HELLO EVERYONE! Don’t you get it? Casey is exploting his current situation with this blog. Yes, it’s fun to sound off at his unrealistic goals. Yes, we all like a good laugh. But he’s only keeping this blog to build contacts and make connections. He purposely exagerates things to make it interesting so people come back. Read a few posts and you’ll realize that this blog is fake.
March 6th, 2007 at 12:43 pm
You are so naive:
1. if “money partner” thinks you have attracted good contacts from this blog, he’s in big trouble. Do you really think you have any legit capable people lining up to have you involved in any of their deals? We real estate millionaires didn’t get to be this way by associating with idiots. We merely comment on blogs by half baked twits as we watch them fail.
2. in your $15k of real estate education, did they mention that value = what someone will pay for something? That home ain’t worth $2.45m, no matter what someone claims it will appraise for. If it was worth that, it would sell for that.
3. Nigel - how is your blog “award winning”? Is that an award you paid for like the PR bs you pass off as earned media?
4. As a hater (or rather merely a laugher-at-you), I really wouldn’t pay a dime, much less $7.47 to tell CS to get a job to his face. He’s already shown that he is to smart ideas like teflon is to eggs.
5. Nice - vegan crabs, healthy fried food, and a photoessay of a trip that no serious successful person would bother documenting. You really are getting tiresome.
So, Casey, how’s that $50,000 p-note payment coming along???
March 6th, 2007 at 12:50 pm
Hey Nigel (@#33)
Was that really you, or someone pretending to be you?
Do you think Casey is able to take your advice regarding “getting a job”????
I’ve often thought about flying down to Sacramento just to meet Casey and tell him first hand the realities of the world and his need to get a job.
Was this “money partner” on the “up-and-up” or do you think there is an ulterior motive?
I can’t believe Casey is even THINKING of “flipping” much less a $2 million single family home. There is a reason why the house hasn’t sold and I don’t think Casey or his “money partner” have any concept of the carrying cost for high-end homes that aren’t selling.
My best investment real estate thoughts (given the current market trends) is to buy multi-family units and “hold” - rent them out at a competitive price.
All the people who are foreclosing are going to need some place affordable to live. I’ve already started to do this in the Portland/Vancouver area (one of the few places where real estate is still appreciating). My tenants are GREAT - sure, they fell on hard times and have had to BK or experienced a foreclosure - however, that’s what happens when you “over leverage.” They’ve all learned their lesson and are awesome tenants.
It’s working nicely.
March 6th, 2007 at 12:55 pm
The sweater vest isn’t exactly helping tip the scales back in favor of hetero status…
March 6th, 2007 at 1:07 pm
Utah is a good place for you Casey. Per capita, Utah has the largest number of telemarketing scams in the United States. Multi level marketing cons can be very SWEET.
March 6th, 2007 at 1:08 pm
I’ll tell you what’s sweet:
Annuity statement showing a 9% yield last year, bringing my total to 555,475.09. (Because I’ve ALWAYS worked a W-2 job)
Collecting 4,350 a month in rent, which covers the house I’m in, and both rentals. (About half that amount is net). zip code 07648.
$195,000 CASH in banks, (I’ll use 40% of that $ to build my summer home, I’M DOING THE WORK).
Go figure.
I’d have nothing if I didn’t WORK for it.
March 6th, 2007 at 1:11 pm
I would hesitate with any property above 500,000 in Utah. The market hasn’t stabilized enough on high end properties, and many may well be in the bubble.
March 6th, 2007 at 1:16 pm
Nigel made you drive and he made you stay in a hotel? WTF? Did he at least treat for lunch or dinner????????
March 6th, 2007 at 1:29 pm
#17 James, you’re tempting me to punk Casey by flying him into Portland, sticking him at an airport hotel and seeing how many laughingly meaningless contracts I can make him sign in one day over a vegan prime rib meal. It’s not like he has anything better to do (too bad I do!).
It would cost $500-$600 but imagine the rewards! Casey’s signature on contracts signing away his internal organs for $100 cash, another purchasing an apartment building on the Moon, another requiring him to donate a percentage of his income to all-powerful Satan. Sign Casey, sign! Sign! Sign! Faster, Casey! Smile for the camera, you adorable little lad, you!
March 6th, 2007 at 1:40 pm
Ok Casey, play time is over. Glad you enjoyed your trip to Utah, now it’s time to enter reality again. How are you gonna pay that 50K back? How do you plan on paying cash call? Wait, you don’t.
March 6th, 2007 at 1:43 pm
Haters,
Casey is looking at the $2 million dollar places because he knows a home run deal or two will get him out of the mess, with money in the pipeline. Duh.
You cube dwelling 8-5 haters will never get it.
March 6th, 2007 at 2:08 pm
Casey you need to some how hang on to one of your houses and LIVE IN IT!!!!! I think if you can do that you might earn some people back from hating you.
March 6th, 2007 at 2:17 pm
Hey Casey,
Instead of working at Jamba Juice for $5.50 an hour, why don’t you use your photography skills and take a good headshot of yourself and present it to a modeling agency (set up the camera on a tripod and photograph your reflection in a mirror so you can see yourself). By the way, nice elk in the pickup truck shot.
Although male models don’t make as much as us female models, there is good income opportunity for qualified talent under 25. Much better than grinding up fruit and grass into juice.
Take a moment between some of your sweet-n-sour deals to check out some local agencies in your area and set up a time to talk to them. They will probably offer you a free photoshoot if they think you have potential or they will offer you the photoshoot in return for your first job working for them.
You may have a chance and almost everything you need to spend money on is a tax write off for your business i.e. travel, wheat juice shots and enemas, organic hair wax, shirts, ties, herbal teas, fancy underwear, face creams, designer messenger bags aka “the purse” and jewelry, tanning salon costs, body waxing, massages, yoga classes, Tai bo or other fitness costs, bedroom toys, exercise equipment, i.e. you could add to your inflateable blue ball collection (did you know they make those balls in different colors?)
Blue is actually a bad color for your complexion Casey. You are a Spring type not a Summer type, check your color palate). Get yourself a red buttondown shirt and compare how you look to when you are wearing the famous Utah blue shirt in your posts. You will agree - Red signifies power and a willingness to not shy away from killer deals that are oh so sweet!
And if the agency doesn’t think you have potential you could always try doing some adult work. I mean think about it there are tons of beautiful young women making a great living doing it, most of them are in California or Eastern Europe like me. You just need a willingness to let go of certain social preconceptions. Adult work is a billion dollar industry. Not as big as real estate but certainly a business that is fun 2 werk in!
Take it from Me. I’ve been working in the biz sine 2002 and I can live off the residuals from the 200 plus films I’ve made.
If you need any “help” just give me a call. You can find me on the Google.
Kisses,
Stacey
March 6th, 2007 at 2:29 pm
it would be more accurate to show the leveraged globe breaking off your arm.
March 6th, 2007 at 2:30 pm
K,
Enough funny business. Let’s hear a good explanation of what exactly the deal is with the “money partner”. To be partners, shouldn’t you both have money?
What does he think your bringing to the table?
March 6th, 2007 at 2:37 pm
I’m still absolutely mystified that ANYONE would invest money with you!!! Give us the dirt on your sweet deals… we need some more posts to poke fun at…
March 6th, 2007 at 2:59 pm
Casey:
Cool outfit, you kind of look like some kind of super hero…
March 6th, 2007 at 3:07 pm
The guy in an earlier post who posts as “james marks” is a deadbeat dad. He has several kids out of wedlock. He is over the age of fifty and got his best friend’s teenage daughter pregnant while living at the best friend’s pool house.
All true.
He started several businesses himself, only to have them all go tits up and have several liens filed against him.
Casey, you’re a shady one but this James twerp has not right to tell you to “go back to Russia”. He is the world’s biggest piece of choad. I know him personally, btw.
March 6th, 2007 at 3:27 pm
Nice out fit with the vest and tie!!! That is a super good combination. It looks really cool!!!
Most American workers are slobs that do not dress professionally at work. You see it all the time. I belive in the “dress for sucess” model. I have a whole assortment of dress shirts, press slacks and Gucci ties.
I will probably end up getting sued by the ACLU for forceing my employees do dress professionally at the office - or else…
I’m sure that case is on the horizon anyday now..
March 6th, 2007 at 3:30 pm
Casey, I got to hand it to you…you just might be able to do something in real estate. How you get people (investors) to connect with you is amazing. If you keep turning over enough rocks surely you will get something valuable.
Gypsy
March 6th, 2007 at 3:47 pm
I remember another business trip you took back in the fall. It was such a high, famous people, eating out, being recognized and feted, all very appealing. Now, back to the reality at hand. You have rent to pay, food to buy for the table, gas for the car and no more magic plastic. Bummer. There may or may not be more deals in your future, weirder things have happened in America, but your immediate reality demands your attention today. Get busy.
March 6th, 2007 at 3:56 pm
Ho Ho Ho - It’s Santa Flipper Clause
Casey,
I think for Christmas I should bring you some new clothes.
Santa F. Clause
March 6th, 2007 at 4:00 pm
Hey Casey - I just typed a comment and forgot the security word and it disappeared.
Here is my summary -
What is that guy getting out of this deal.
All real estate people are screw balls until proved otherwise - like me…!
What scam is going on here ?
Why is he partnering with you ? Something must be up ?
He is a…… I forgot the word…but it rhymes with…..let me think……hay…..pay…….lay ?
What tests did you give him that shows he is legit ?
Remember those two birds right Casey - you dont want to get s*****ed again right….
Or maybe his scam is to have your parents or somebody on the loan ……… and that he will scam them….
Please clarify Casey what the deal is with Money Bags…
Oh - I negotiated the cap rate back to now 13% for the apartment building here. You still interested Casey - its a sweet deal. Let me know - and I’ll send you the details. Remember Casey - those Acres of Diamons… And yes - this deal is legit….really…. trust me Casey - you are going to do real well with this apartment building..
Let me Know
Sweet,
Loads O Money
March 6th, 2007 at 4:06 pm
I think I’m becoming a hater though I don’t mean too…
Your trip to Utah looks like a DATE, not a business venture.
I know with all the other comments somebody else must have sent this in and been censored, but I’ll try anyway.
March 6th, 2007 at 4:27 pm
Comment under the picture of a buldozer next to a driveway covered in blue tarp (or is that material for all the shirts you wear), mounds of Utah dirt and a partially uprooted tree -
“The driveway is still being worked on looks like”
what a sage . . .
WHY am I still looking at this dreaded site?????
*sigh*
March 6th, 2007 at 4:29 pm
Dear Casey,
I have been tracking your progress through the foreclosure process for quite some time. I have been tracking your process at the same time that my company is foreclosing on a few properties in a similar situation as yourself.
We have gone through incredible amounts of “red tape” to get the properties back from borrowers who aren’t making payments (or even the effort to make the payments).
The borrowers (like you) have just walked away to let the lenders deal with it …
I thought I would take a moment to explain to you how and who you have harmed, and give you some industry information to ponder.
It’s not the “big banks” that take the hits. It’s the little mortgage banks that get your loans back. Mortgage banks like ours who are owned by two very amazing men who both have families. The big banks that buy loans from us just kick your loans back to the originating lender and let us deal with the losses.
The owners of my company lose on average $100,000 per foreclosure … in interest, fees taxes etc.
That $100,000 comes from the bottom line of a company that employs 800 people … that same company loans borrower’s money to finance homes at the lowest rates we can possibly offer …
You and those like you who borrowed more than you can afford … and lied on your loan applications and misrepresented occupancy have cause the following strife in the industry this week alone;
Central Pacific Mortgage in Sacramento CA closed their doors and let go of 650 people all of which went unpaid.
Analysts warn New Century may not survive
Lehman Cuts Prime Mortgage Lenders on Spillover From Subprime
HSBC’s record write-off to ruin results
Do you realize that what you are doing, and who you are doing it to is ruining businesses and the people’s lives who work there?
You might not want to work, but a lot of people do! We want to work our tails off, make money and take it home to our families … and no thanks to you and people like you … there are some families in Sacramento whose future is uncertain.
While you were in Utah having your success and a shot of wheatgrass …. There were a lot of people dealing with the fallout and their uncertain futures because of the mess you and people like you made.
I hope the juice was worth it …. Some Sacramento kids didn’t have juice this morning because their families lost their jobs.
March 6th, 2007 at 4:52 pm
#70, Sean,
You have done this before, and I will tell you again - stop the nonsense, or a judge will see it that you do so. End of story.
As for Casey - I know you are seeking the deal to end all deals, in order to pay your debt. At least you think you are.
Here’s a hint: you have failed 8 times in a row. You won’t succeed this time, based on odds alone. Try something else. Like GETTING A JOB.
March 6th, 2007 at 4:54 pm
It’s pretty hard to believe that your were a viable part of a successful meeting. Meeting are usually productive when successful and accomplished people participate. You are neither.
Furthermore, I’ve been on nice job interviews like your own, where the company placed me in casinos for a few days, with a Ford Mustang Convertible and a debit card to live on for those few days. But I brought skills to the table, yet still did not get the job.
Looks like this blog is nothing more than bullcrap at this point. You still are 2.2M in the hole.
March 6th, 2007 at 5:09 pm
@73. I See Debt People
March 6th, 2007 at 5:34 pm
Fantastic to hear about your trip
Very nice photos as well
Glad to see that things went well with Nigel
Returning home, now you can take a rest
Very soon though, things may heat up again
First Magnus, for example, may contact you?
So many new activities seem to be in the works
You need to update everyone on your finances
No lying on the latest figures either!
Zero balances don’t mean the debt isn’t there
Refinance updates are also needed
Our expectations aren’t really that high
Nobody is perfect after all, even you stray from your
Vegan diet now and then, eh?
Good luck going forward, and keep us informed!
March 6th, 2007 at 5:46 pm
sweet! anti-spam word: sweet
Casey, sounds like you define successful business trip the same way I do:
plane departs within an hour or so of scheduled time
plane doesn’t sit on the runway forever waiting for takeoff slot
rest room on plane works! (gota love delta connection)
rental car is not a POS
don’t get lost on way to meeting
heat (or A/C) in hotel room works without a lot of noise
March 6th, 2007 at 5:46 pm
Hey Casey,
Don’t dress like that when your collecting money from tenants, they’ll think your rich !!
Sweet,
Loads O Money
March 6th, 2007 at 5:50 pm
casey… even your own “partner” told you to get a job. if you have just gotten a job in sept, youd have 6 months of monthly payments., and you could have still had time to go to utah. and right now u still donth ave a job. did you even pay for going to utah? that house was a success, BUT you still have 2 forclosers, real bad credit 450, and cashcall will take action on you in court, and they will take your money as soon as you get a job, so getting a job at first still wont help. how much money have u spent on traveling?
March 6th, 2007 at 5:56 pm
SWEET!
March 6th, 2007 at 6:11 pm
It took that long to get convinced that you should get a job?
March 6th, 2007 at 6:20 pm
Ummm,
You are talking about million dollar deals in one breath and asking about a $5.15/hr job??? Ok, Casey. Problem is $5.15 is not passive-I worked at Pizza places and Chinese restaurants to pay my way through college. They were hard work (of course, now I’m a looser with a job; go figure!).
Read Tom from NJ’s posts again to see how the vast majority of wealthy people got that way in America.
Dick
March 6th, 2007 at 6:44 pm
Idiots.
You people are all fools if you cannot see the bigger picture resulting from the possibilities from this website and Casey’s exposure.
I hope something bigger comes out of this and all of you haters are left in utter disbelief.
Remember the phrase “Only in America”? Well personally I think America is a s**t country in the decline - but that phrase speaks volumes. There are a hundred thousand examples. I hope all of you 9 - 5, cubicle, butt kissing, suck-ups are left at stunned at a total loss for words when this situation materializes.
I can easily see Casey on Letterman and interviewed by all the media big-wigs then making connections ect. Watch it happen.
March 6th, 2007 at 7:06 pm
Nigel is the ultimate tool wannabe. Award winning website? Hahahahah. That’s like one of those races where everyone gets a participation ribbon. Nigel, you paid for a ‘press release. You are glamming onto looser Casey for website traffic and that’s it. Your articles and awards are all bs. Please tell us why, if your company is so integrity based, that you hang around an admitted criminal with multiple fraud counts hanging over him?
I will be shocked if this post makes it through.
March 6th, 2007 at 8:47 pm
The case cost Cheney his most trusted adviser, and the trial revealed Cheney’s personal obsession with criticism of the war’s justification.
Trial testimony made clear that President Bush secretly declassified a portion of the prewar intelligence estimate that Cheney quietly sent Libby to leak to Judith Miller of The New York Times in 2003 to rebut criticism by ex-ambassador Joseph Wilson. Bush, Cheney and Libby were the only three people in the government aware of the effort.
More top reporters were ordered into court - including Miller after 85 days of resistance in jail - to testify about their confidential sources among the nation’s highest-ranking officials than in any other trial in recent memory.
March 6th, 2007 at 9:35 pm
Only in America can someone that is millions in debt, fly around, ride around in fancy cars to look at million dollar homes, eat out, and go to Jamba Juice.
March 6th, 2007 at 10:24 pm
The Coming Entitlement Meltdown
March 5, 2007
David Walker, Comptroller General at the Government Accountability Office, appeared on the show “60 Minutes” last evening to discuss the federal budget outlook. If you saw the show, you know that he painted a very sobering picture regarding the federal government’s ability to meet its future obligations.
If you didn’t see the show, Mr. Walker’s theme was simple: government entitlement spending is like a runaway freight train headed straight at American taxpayers. He singled out the Medicare prescription drug bill, passed by Congress at the end of 2003, as “probably the most fiscally irresponsible piece of legislation since the 1960s.”
When it comes to Social Security and Medicare, the federal government simply won’t be able to keep its promises in the future. That is the reality every American should get used to, despite the grand promises of Washington reformers. Our entitlement system can’t be reformed- it’s too late. And the Medicare prescription drug bill is the final nail in the coffin.
The financial impact of the drug bill cannot be overstated. Government projections that the program would cost $400 billion over the next decade were a joke, as everyone in Congress knew even as they voted for the bill. The real cost will be at least $1 trillion in the first decade alone, and much more in following decades as the American population grows older.
The Medicare “trust fund” is already badly in the red, and the only solution will be a dramatic increase in payroll taxes for younger workers. The National Taxpayers Union reports that Medicare will consume nearly 40% of the nation’s GDP after several decades because of the new drug benefit. That’s not 40% of federal revenues, or 40% of federal spending, but rather 40 % of the nation’s entire private sector output!
The politicians who get reelected by passing such incredibly shortsighted legislation will never have to answer to future generations saddled with huge federal deficits. Those generations are the real victims, as they cannot object to the debts being incurred today in their names.
The official national debt figure, now approaching $9 trillion, reflects only what the federal government owes in current debts on money already borrowed. It does not reflect what the federal government has promised to pay millions of Americans in entitlement benefits down the road. Those future obligations put our real debt figure at roughly fifty trillion dollars- a staggering sum that is about as large as the total household net worth of the entire United States. Your share of this fifty trillion amounts to about $175,000.
Don’t believe for a second that we can grow our way out of the problem through a prosperous economy that yields higher future tax revenues. If present trends continue, by 2040 the entire federal budget will be consumed by Social Security and Medicare alone. The only options for balancing the budget would be cutting total federal spending by about 60%, or doubling federal taxes. To close the long-term entitlement gap, the U.S. economy would have to grow by double digits every year for the next 75 years.
The answer to these critical financial realities is simple, but not easy: We must rethink the very role of government in our society. Anything less, any tinkering or “reform,” won’t cut it. A good start would be for Congress to repeal the Medicare prescription drug bill.
March 6th, 2007 at 10:26 pm
#79 L Lady-
No sympathy here. Your company lent money to unemployed 24-year-olds based on wildly overvalued appraisals. You did this over and over in the boom and made money off of it.
Now that housing reality has set in, you don’t want to deal with the repercussions of your irresponsibility.
You are getting exactly what anyone with half a brain could have told you you would get.
As you sow, so shall you reap.
March 6th, 2007 at 10:31 pm
L Lady,
Not that I’m defending Casey, but if your mortgage company and all the others like yours didn’t lend people like Casey money they couldn’t afford to pay back perhaps people in the mortgage business wouldn’t be facing such bleak times. This is what happens when everybody gets greedy. Somebody gets screwed.
Handing out money left and right without verifying anything got you and the Casey’s of the world into this mess.
It takes two to tango.
March 6th, 2007 at 10:44 pm
Where is timeline guy. He is the only one to sort out this business trip.How are the realtwhores doing with the new Biz. Did casey find any cooking oil. What did casey do during the meetings? We are on a need to know basis.
March 6th, 2007 at 10:54 pm
$2.45 million for a semi-custom tract home in Utah is all you need to know about the bubble that is popping all over the country. Who would buy such an overpriced s**tbox in a mormon-infested republican desert that does not even allow you to drink?
March 6th, 2007 at 11:01 pm
I think maybe you should loan Nigel some of your hair care products…
March 6th, 2007 at 11:31 pm
80. Integrity Spending LLC said: “Your picture is of a stake center, not an LDS temple.”
When did they change the name from Stake “House” to Stake “Center” (we used to ask the Mormon kids if they were going to Sizzler or Black Angus every time they mentioned the Stake House)…
P.S. My guess is they had to change the name since meat eating veagan loosers kept knocking on the door asking about the steak…
March 6th, 2007 at 11:58 pm
@79:
Care for some cheese with that whine?
The lenders can complain all day long, but bottom line is that the current state of subprime lending is still a self-inflicted disaster. Banks, investors, mtg brokers, and flippers simply let their greed guide their actions, even when the quicksand is up to their neck.
Any sane person would question the wisdom of lending hundreds of thousands of dollars to people who can’t even produce a verifiable employment history (fraud cases where fake info was used don’t count), let alone evidence of ability to pay in case the mother of all flips flops. Yet some banks seem to have no problem lending to those people.
Reckless lenders enabled the insanity to go on for much longer than it had to. I, for one, cheer every time ml-implode.com logs yet another bottom-feeder going belly-up.
March 7th, 2007 at 12:25 am
The grill, the juice, the ridiculous outfit, the utter lack of achievement yet great deal of boasting…this is performance art people. It’s a snap shot of the foibles of this age, like Pride and Prejudice or Gulliver’s Travels. Casey’s pulling a “Bush” - committing so many crimes and blunders that he rams head long into the consequences and actually breaks through to the other side scott-free.
I’m now thinking nothing bad is going to end up happening to him. Which would be hilarious.
If he does get thrown in jail…well, that would be hilarious too. Either way I win.
March 7th, 2007 at 12:28 am
First time I heard about this Nigel guy and checked out his blog. Doesn’t seem too smart himself, either. As many have pointed out, his take on “award-winning” seems interesting to say the least, and what really tops it off is stealing a picture from another website to represent his “award-winningness”:
http://www.419eater.com/html/trophy_room.htm
March 7th, 2007 at 12:34 am
Casey is the folk-hero equivalent of the Depression-era bank robbers:
“If you’ll gather ’round me, debtors,
A story I will tell
‘Bout Pretty Boy Case, an outlaw,
California knew him well”
March 7th, 2007 at 3:25 am
Here is a SWEET deal Casey!!!!!!!!!!
New Year! New Career!
Local real estate investing company is considering candidates for a very unique real estate investing opportunity earning up to $12,000 per month.
This group is prepared to teach, mentor, and provide real estate deals to 20 of the right people.
WE ARE NOT MORTGAGE BROKERS OR REALTORS!
THIS AD IS NOT INTENDED TO RECRUIT LENDING OFFICERS OR REAL ESTATE AGENTS.
They work for us.
WE OFFER:
Compensation:
- Our top earner is making $50,000 monthly on the work he is doing for the group, outside of his growing real estate portfolio, and has only been with the group for 8 months.
- Some of our apprentices have made over $15,000 at closing on their own real estate investing deals first time. This is money made outside of their group compensation
- Training is provided! It is not important that candidates have experience.
In depth knowledge of how real estate investing strategies work:
- Fix & Flips
- Short sales
- Tax liens
- Wholesales
- Buy & hold / rent or lease option
- no money / no credit property acquisitions
- and many more
Mentoring to build ones own personal real estate portfolio:
- The experience of the group will ensure that the apprentice’s road expertise is comprehensive.
YOU PROVIDE:
Ambition:
- Only 1% of everyone over 65 is wealthy.
- 74% of the wealthy are Real Estate Investors.
- You MUST be serious about your future and we’ll be serious about you.
Trainable:
- Real Estate Investing is about knowing what a good investment is.
- Having exit strategies before acquisition.
- We will teach you what you need to recognize this.
- The best students make the best industry leaders.
Organization skills:
- Some of the mentors you will learn from literally have hundreds of deals on their desk for consideration every day. Organization keeps it profitable.
- Efficiency is important for fast transactions. Come to the table organized and leave profitable.
Communication Skills:
- Every business deal begins and ends with people.
- We will train you and help you get better.
- You must be ready to communicate.
RESPONSIBILITY:
- Accountability is a must. Everyone on the planet is responsible for what they have, whether it be success or failure. We did not raise you but we will mold you.
- You will be expected to SHOW UP!
Many of our students ask us WHY?
Why would we do this for people?
Why not make the money and move on?
Simple
Your net worth is only equal to your network .
Good luck.
For faster consideration please call:
312.924.3413real estate,opportunity, sales, marketing, business, advertising,promotions, customer service, entry level, bookkeeper, recruiting, human resources,
March 7th, 2007 at 3:33 am
Re: James
Um, huh? You’ll talk to a judge?
Are you referring to me?
Get a life.
March 7th, 2007 at 4:45 am
Casey, those aren’t nice homes you looked at. They are McMansions and the people that own them or will own them most likely used liar loans or other exotic mortgages to buy them. They’re cheaply made and “blinged out” with granite counters and viking fridges. You’re like a racoon; attracted to shiny things with no substance. This nigel guy basicly makes fun of you on his blog yet you seem to worship him. You need to man up and turn yourself in. You will feel like the weight of the world has been lifted off your shoulders.
March 7th, 2007 at 5:21 am
Excellent! Our Hero, Casey Serin, is now turning up near the top of the second page of Google results for “CashCall.”
When you type Casey Serin, you get CashCall. It can only be a matter of time before our friends at CashCall type Casey Serin into Google and find Casey Serin at the second page of results.
That tidbit again … Casey Serin equals CashCall.
March 7th, 2007 at 7:10 am
Well Casey, I just met another one like you. And I’m sad to say that he works in my office. He bought two properties, with undisclosed cashback, in ‘97/98. Ended up with about $50K in cash. Quit his job. Ran through the money in about a year. Then had the houses foreclosed upon. Finally, he filed BK. Now about 7/8 years later, he’s in his late 20’s, with the BK removed.
In talking to him, he said he didn’t care about any of the ramifications of what he had done. He said it was a game. It was just a way for him to get his hands on some easy money, quickly. Didn’t care about screwing the lenders or what his foreclosures could mean to housing prices. Just cared about trying to live the high life as long as he could.
Sadly, you could tell he felt good talking about it. It was almost as if he was reliving some huge triumph in his life. Then shockingly, he said if he had the opportunity, he would do it again. No different than you Casey. Only you’ll have a few extra foreclosures to your name. And you’ve narcistically posted your story on the web for all to read and explore.
If these are the future leaders of our country, we’re in some deep trouble ahead.
March 7th, 2007 at 7:12 am
Dude,
the way you dress and wear your hair shows how successful you want to be. You dress like a loser. And wearing that bag around your shoulder the way you always do makes me wonder if you are gay.
You still need to get a JOB. Why won’t you?? You never want to answer that question. So will you answer it now?
March 7th, 2007 at 7:56 am
James Marks = moviewhore! DIGTBK!
Yay, it’s an FC reunion on the Casey board.
March 7th, 2007 at 7:59 am
Hey Casey,
Is that a purse your carrying in those pictures?
March 7th, 2007 at 8:19 am
Casey,
You’re beginning to influence trends. Check out the last word of this financial advice article on blogging.
http://money.cnn.com/2007/03/0.....2007030709
Nigel
March 7th, 2007 at 8:22 am
@95
Who in the world wants to hear some woman writing about how she is in love with some loser who has driven her credit into the ground? Then go on to say she is staying with him, even though he can’t provide for her? These men are a dime a dozen. There are a million losers out there and a glut in the blogging market of women who want to talk about them.
March 7th, 2007 at 8:46 am
Casey,
Thanks for your resume. I’ve glanced at it and I do have some suggestions to make it more marketable.
This is the first step in your turn around. Congratulations!
Nigel
March 7th, 2007 at 8:48 am
James Marks is a deadbeat dad from Humboldt California who has a rap sheet a mile long that uses the interwebs to defend his never-ending moronic and lazy behavior. I concur that this is the perfect location for an FC reunion. Jimbo and Casey have some things in common. For starters, they are unemployed losers.
Casey, you don’t want to end up like James, 51, four divorces, sucking government coffers for welfare, etc, etc… You need to file for BK and to get a job and to forget about all this get rich quick nonsense.
March 7th, 2007 at 9:05 am
@79. L Lady:
Sure, some people are asking you if you want cheese with that “whine”, but ignore them. You bring out a good point about how average people are getting hit with the fallout.
Yes, the lenders brought this upon themselves, but does that give Casey and other deadbeats *justification* to steal? I sometimes think that a fellow who forgot his keys in his car in a bad neighbourhood might expect it to be stolen, but I sure can’t excuse the joyriders who took it.
Another example: A couple of stores I shop at keep their merchandise far too accessible to customers, so I can handle it and buy it. At the same time, though, shoplifters can handle it and pocket it. The price I will pay at the register, of course, accounts for the stealing. Does that make stealing OK? Hell no.
Carp all you want about how the big companies deserve it, but those companies are made up of working people like us (not lazy bludgers like Casey) and those companies are often owned by you and me via our 401k’s. When they lose $100k per pop, that’s your money and mine.
And don’t even get me started on how that affects the poor but honest and hardworking families who actually are trying to buy a house, and what Casey’s type of disdain and thievery will do to that family’s interest rates when they apply for loans in future.
March 7th, 2007 at 9:14 am
Where is your man purse?
www.PocketbikeGP.com
San Jose Stealth Festival of Speed March 25th.
March 7th, 2007 at 9:21 am
Nigel,
Are you that much of an attention w**** ? Take it to email.
March 7th, 2007 at 9:24 am
Nigel,
You don’t need to post to Casey’s blog that you received his resume and are looking at it. Please try a little harder at trolling, & boosting traffic to your pathetic blog.
You could have just sent him a quick email. Why be a chump?
It is obvious your are helping this little huckster with his scam and fake blog.
Keep it up and get reported to your state’s licensing board…
March 7th, 2007 at 9:30 am
Casey, how do you pay for your day to day stuff, like food, toilet paper, rent, utilities, etc.? I think we are all curious on how you can afford to live.
March 7th, 2007 at 9:42 am
118: This is the first step in your turn around. Congratulations!
Where have I heard that before?
March 7th, 2007 at 10:05 am
Nigel, stop trolling. You can thank Casey for ‘everything’ outside of this blog.
Here is Casey’s resume:
Objective: To avoid any semblance of work while collecting income. To do sweet deals with as little effort as possible while maximizing my win-win potential and my team and my awesome mentors.
High School Graduate
Employment History:
Scammy job at Rescom (no details provided)
Looser cubicle low level web worker (quit)
Real estate failure - successfully failed forward and singlehandedly lost millions in multiple fraudulent real estate deals. Turned venture from break even to 7 figure loose-loose.
Extra curricular activities:
Bouncing (blue ball, trampoline)
Liquids (wheatgrass shots, juices, other)
Electronic thingys
Playing dress up businessman
Part time mail opening
References:
Sister in law (for trash rolling job)
Savvy Chris
RK
Prlinkbeeatch
Duane
East Coast Mentor
Rich dad
Nigel
I think Casey would put on a dress and be Nigel’s St. Patrick’s day date if it meant a photo op that someone could comment on.
March 7th, 2007 at 10:11 am
@112
Good post. Our Little Margie in West Sacto reminds me of one of my favorite Dilberts:
Dilbert (to Pointy Haired Boss): when are we going to ship the product we promised to the customer?
PHB: Never.
Dilbert: you took the customer’s money for product you never intended to ship them! Do you know what that makes you?
PHB: The winner!
March 7th, 2007 at 10:12 am
Hypothetically, if Nigel assists an admitted mortgage fraud criminal with advice, looking at property, etc, knowing that the fraudulent fellow has committed mortgage crimes (possibly even in Utah), would the state of Utah look kindly on that?
I know some other states would not, but I don’t know how strict Utah is with their licensing.
March 7th, 2007 at 10:14 am
Puzzle of the day
Real estate continues to teeter
Debt owners are getting nervous
How many sub-primes have filed BK?
New one every day!
Yet, Casey is moving ahead
Fear is for losers, says he
So, what are your next steps?
Everyone is waiting patiently to find out
Nigel has even told you about some new deals
Has First Magnus contacted you yet?
Quixotic chap, aren’t you?
March 7th, 2007 at 10:17 am
Re: Photo labeled “Sweet Kill”
That’s gonna be YOU in the back of that
pickup truck if you don’t start being a bit
more selective in your “associates”
Have you ever asked yourself, “What do these
people need ME for?”
March 7th, 2007 at 10:26 am
To #114.
He pays all his bills from all the cashback he received through the banks.
Anti spam word: cashback
Sweet
March 7th, 2007 at 10:30 am
“I bought the home this time last year for 360 with 17K cash back for repairs and holding costs. After interviewing a few contracts the bill to reasonable update this home is 50-100K. I was WAY OFF. That’s what happens when you buy sight-unseen and lack construction experience.”
The parody that writes itself…
March 7th, 2007 at 10:45 am
In one of your photos commemmorating your trip, you show a truck w/a dead deer in the back….and label it “Utah Hick”.
I thought this was rather crass of you, Casey. Considering that Utah “hick” probably bought that truck with money he earned WORKING HARD AT A JOB….and I bet he paid for the shotgun shell that he hunted that deer with, too..
How dare you call those fine hard-working residents of Utah hicks. I guess from where you sit in the sunny state of California, having a job and paying your bills is more redeemable.
Oh, and that Nigel seems like a good guy. I hope his rep isn’t ruined from being seen out and about with the likes of you.
get a job already! Only then will anyone take you seriously.
March 7th, 2007 at 11:03 am
Wow, check out Real estate pros gunning for Casey’s a** :
http://thereforum.blogspot.com/
“…Casey Serin typically used smaller, independent lenders. No doubt he thought that his approach might be caught by larger, nationwide lenders. If you have had any real estate dealings with Casey Serin, we encourage you to contact authorities immediately.
As con artist Casey Serin continues to weave a web of deceipt and leave a trail of debt in his wake, you will not only be saving other potentailly defrauded lenders. At this point, a proactive call to police will also help authorities separate those who unknowingly assisted Casey from his willing co-conspirators.”
March 7th, 2007 at 11:41 am
Dear Nigel Page-Troll
Casey isn’t influencing a damn thing. “Sweet” as an expression is so 2005.
Casey:
You’re being had. Don’t you research anyone that you work with? Like, try a little Google search, for instance? You need to be careful. You lie down with dogs, you get up with fleas. Of course, with your morals and reputation, you probably already have fleas and would get up with the mange.
Face it, you two are made for each other. You both enjoy cheap stunts to drive blog traffic, shiny things, and operating beneath the radar to get what you want. Shameful.
March 7th, 2007 at 11:51 am
Casey’s drug of choice is cash back at closing.
Nigel shows Casey a new house for sale that (according to the builder) will appraise at $2.4 million. Said builder will sell for less than $2 million for a quick close.
I think that Casey is looking for a way to double up on his debt. This just could be the deal to do it for him. Plus, it’d add another $10k to his monthly fixed costs. Sounds like a win-win™ deal to me!
March 7th, 2007 at 11:57 am
Casey:
Congratulations! I think you’re on your way back.
Sounds like a lot of these commentors are jealous.
You have your plan and your working it.
Keep it up and you’ll be out of trouble soon!
You’re young, cookin and you’re hot!
March 7th, 2007 at 12:04 pm
anyone stuff his tip jar yet?
March 7th, 2007 at 12:32 pm
Wow! Casey is now blogging of the other scams he plans in Utah.
And you people are right, Nigel is an attention w**** on this blog. With all of Casey’s contacts he’s bound to make one big cut in the chunk of blood money.
I’m becoming more convinced Casey is selling drugs on the side to fund his daily lifestyle.
March 7th, 2007 at 12:36 pm
i love how you classify the Utah trip as a Huge Success, while Nigel’s blog is all about how he told you to get 2 jobs, that your situation is desperate, and that you should stay far, far away from Real Estate.
This must have something to do with ‘failing-forward’
GET. A. JOB.
March 7th, 2007 at 12:58 pm
Casey fiddle while houses burn.
March 7th, 2007 at 12:58 pm
Hi All….
Since this site is meant to be educational (right?), thought I’d provide this link to an article from Monday’s Chron about facing forclosure. It, strangely enough, offers basic advice with no pictures or sweet lingo. Does include some interesting info on short sales, etc.
http://www.sfgate.com/cgi-bin/.....amp;sc=983
(and, Casey - you do realize that you were on the wrong end of the deal - TWICE! - in your Utah real estate transaction, right? I mean, you apparently over-paid at one point, and under-priced on the sell. Sweeeet!)
March 7th, 2007 at 2:12 pm
Time to retire this blog, no?
You’ve taken us to astounding new pinnacles of human train wreck watching and general schadenfreude. Why not go out on top? Even Michael Jordan had to retire. Quit as a winner!
Otherwise, you are going to just waste your time trying to scheme up more and more lameass stunts to impress us with your ongoing downfall. Escape that trap (or at least take a vacation for god’s sake).
My humble opinion: Utah was a date, not a business trip. I’m not the first to say it, but that’s my gut feeling.
March 7th, 2007 at 2:32 pm
@#26
Beautiful Architecture? You’ve *GOT* to be kidding. That’s the ugliest, most commonly replicated designed McMansion you could possibly find. There’s some master-portfolio of cheesy houses that these mass-manufacturing developers use, and you can find these ugly as sin houses defacing the countryside all over the country–squeezed together into tight neighborhoods with little to no vegetation (except sod and ugly minimum-wage installed landscaping), and -zero- privacy.
The interiors are decorated by patron saints of bad-taste, and black granite, cheap travertine (which is some really crappy trend with developers and flippers), Ikea cabinetry, cookie-cutter appliances abound; and there is absolutely NOTHING for character in those buildings. They’re as generic and commonplace as the Hummer these days.
It makes me sick how everything is being homogenized and people like you just suck it up. “Oooh, that’s so preeeetty…” You wouldn’t know pretty if it walked right up and kicked you in your generic face.
@Casey
So what did you actually ACCOMPLISH on this little jaunt?
Can you give us at least one ACCOMPLISHMENT that makes you feel like this trip; these so-called business meetings, and the frequent meals at sub-par, strap-on-the-feedbag restaurants you like so much?
Please answer that.
March 7th, 2007 at 2:39 pm
Notes from the field:
1. This has gone from a blog about foreclosure to Casey’s play to become a media mogul/famous - and to leverage his success with his blog.
2. If you do a quick review of the posts over the last 45 days he hasn’t posted squat about his issues and what steps he is taken to resolve them. Just fluff and easy posyts to rile the haters - aka he is trolling…which gets activity and posts. If he really wanted to post about his dealing with his issues he would post some things of substance and do it more often.
3. Casey is running on the basis of a ‘big hit’ - he needs it…that is why he is chasing’sweet deals’ (how I loathe typing that)…he needs something to get him out form under the unsecured debts. He knows (hopefully) that the houses are gone to foreclosure, but his chance is to leverage his publicity into a deal to pay down his other debt, including the unresolved debts from the foreclosures.
4. Personally, I’m offended by this t*** ’s lack of character and substance.
How about getting a job, Casey?
How about you updated your financial spreadsheet since you want to be open and honest about paying everyone back.
How about an accounting of what income (exactly) you have earned in 2007? HAVE YOU EARNED ANY INCOME THIS YEAR, BOY?
tell the truth, son… You have an outside frined/investor/idiot who thinks he can take all this bullshit to the bank. Thats not a sweet deal, that is just another example of our society lowering our standards.
You, idiot, are the Anna Nichol Smith and Britney Spears of the financial world. That is not something to be proud of, either.
March 7th, 2007 at 2:50 pm
My anti spam word: Millions. Yea Baby
March 7th, 2007 at 2:58 pm
BUAHAHAHAHAHA
So what exactly did you do in Utah? You looked at some properties and ate out at expensive restaurants off borrowed money. How is that any different than your normal daily schedule? The only difference is that you are at a much higher elevation and there is snow everywhere.
March 7th, 2007 at 3:02 pm
Worker Bees can leave
Even Drones can fly away
The Queen is their slave
March 7th, 2007 at 3:12 pm
Reminder James Marks was featured on an episode of Dateline’s To Catch a Predator.
March 7th, 2007 at 3:29 pm
Casey,
Please post this!! Please, because you want to be honest with your blog and so do we..so post this!
Everyone who meets you pussyfoots around with you. It’s like they have nothing to say to you other than “You’re awesome cause you have a blog after you ripped of the right people for cash back” but they leave out “through liar loans and swindling”. That’s the part I wouldn’t have a problem saying to your face. Then, I’d cap it off with a swift kick to your azz and a biotch slap…another for wearing a man-purse.
Please post this..don’t be chickensh#t…post it like the true honest blog you want it to be.
These people and yourself included enjoy living the high-live at other expenses. Why do you fly out to Utah, eat at Macaroni grill and tour big houses while collectors are bugging your friends about payments? Why allow this harrassment to happen while your out having fun!!!
I’d be pissed if I was your friend..ready to kick your Azz like the punk you are!!
You’re a way f’d up dude! I wouldn’t want anything to do with you after that!!
I hope you land in jail real some cause you really deserve it.
March 7th, 2007 at 3:35 pm
Nigel is trolling for hits to his blog. His ad revenue is all he has, thus his unethical blogging, trolling and association with you know who.
Nigel inspires the haterz due to his dishonesty and eddie haskel like behavior.
March 7th, 2007 at 4:58 pm
Hi all,
I’ve been really tired since I did all that work™ in Utah. Plus it was really cold there (that reminded my why I am so blessed™ with the weather here in California). I have every intention of giving you the update of my cativities in Utah. I have just been overwhelmed with my “to-do list”.
Someone referenced the “one touch system” of organization and I have been reading several very good books on how to keep organized. I started already by putting my leftovers from the wonderfully productive™ Utah trip in my fridge in alphabetical order. The one thing I haven’t yet discussed here was my last meal of the trip at Hometown Buffet (hint: man-purse™ a must have…). Anyway, I finally got the leftovers in the fridge at about 2:30 this afternoon. I figured that on my modified vegan™ diet I didn’t need to bring home any veggies (parental units for that!), just meat, dairy and cheese. I tried to go light on trans-fats so I stuck with a limited amount of fried meat.
Anyway, I have a really large stack of mail awaiting me and I think it is important to get that going first (three more “overnights” and 11 (yes, e-l-e-v-e-n) certified letters to file in sequence for opening. I hope to get that started by later tonight. Right now I’m getting hungry so I may heat up some of the Hometown Buffet free range chicken in a little bit.
The Jamba Juice was quite refreshing (especially with the protein boost) and the wheatgrass shots were just what the doctor ordered for my morning constitutional.
Like I said, it is my intention to post a more thorogh accounting tomorrow. Got two (and maybe a third) bird-dof™ lead from the mailman since I left. Need to follow-up™ on those.
March 7th, 2007 at 5:30 pm
The comedy material on this blog is Gold!
March 7th, 2007 at 7:13 pm
Casey, do you have a plan in place for when you are arrested?
March 7th, 2007 at 8:06 pm
Casey,
You’re an appalling mixture of intense, weapons grade stupidity mixed with reamarkable shamelessness. This blog reminds me that the world has some truly imaginative morons.
I’ve heard a lot about this site (from the cesspool message boards I visit.) You’re quite amazing.
I don’t wish you to suffer. That would be mean. But rather, I hope people can look at you, laugh and learn what NOT to do.
Enjoy your moment of fame.
March 7th, 2007 at 8:10 pm
155 star
Here is a way one other guy delt with being in a police interrogation room:
http://www.snopes.com/photos/g.....gation.wmv
March 7th, 2007 at 8:24 pm
Positive Cash Flow $5000/mo
Rents ~$3100/unit
10 Units for Sale
Triple “A” long term tenants
Completely self contained (Fully Furnished)
2 bedroom units 2 baths
Underground parking
Cost includes accounting and property management
Recent appraisal completed
Separate Titles
$3,400,000
For More information
Chris 403-301-7615
March 7th, 2007 at 8:34 pm
Anti-spam word of the day:
* SWEET *
Oy vey!
March 7th, 2007 at 9:07 pm
Cay-sea,
So, Nigel pulled out of you, and you’re blog, but still met with you? Sweet!
I think you should buy the $2M house that would appraise for $2.5 M, and take $500k in cash back at closing. It would solve your problem’s with you’re creditor’s for a while.
March 7th, 2007 at 9:50 pm
@ #144.
My! My! Wake up on the wrong side of the bed this morning? Like you even know what other people consider attractive or unattractive. Probably cause you’re sitting in your double-wide right now wishing you had what everyone else can afford. I’m sure your neighborhood doesn’t have gorgeous mountains behind it either. Probably dustball somewhere, right? I sense massive jealousy. Work a little harder and maybe you’ll be able to afford some nice luxuries one day.
March 7th, 2007 at 9:54 pm
Love the house in the first picture. My dream house actually. Whose house is it? Is it for sale or what? Love it.
March 8th, 2007 at 12:02 am
161. review
Yeah, that house sucks. 2.5 million for that. Better homes in Marin that that secluded piece of crap.
Anyways, homes on the beaches of Florida are much better looking for much less!!!
What a waste of money!
March 8th, 2007 at 6:44 am
If Casey makes any deals worth a sh*t, PRStinkbeetch will sue him and take his sweet compensation.
March 8th, 2007 at 3:02 pm
#144. Oh Please
What kind of a house do YOU live in? Can you say.. Double Wide?
March 8th, 2007 at 5:51 pm
Just some friendly advice–appraised value is NOT equal to market value. It’s one person’s OPINION as to what a home could sell for if appropriately exposed to the market.
Nothing is more indicative of a market value than an actual sale. If the seller has had the home on the market for a while at $2MM and can’t get his asking price, guess what? The appraisal value at $2.4MM is high.
The number on the appraisal is meaningless except to a loan officer who needs something to put in his/her file as CYA.
As an investor you need to think for yourself and use some common sense.
Q: How can something be worth $2.4MM if it won’t sell for $2MM?
A: It can’t be.
In my experience, there is no such thing as “instant equity”, only “sweat equity”. Find a crappy house and buy it at what it’s worth as a crappy house. Fix it up, put in some hard work, and sell it for what a fixed house is actually worth. To do this successfully, you need to have some serious financial discipline, and the experience to know how to proper run a renovation and put together a budget.
The fact that you’ve gone over your budget on a regular basis tells me that you have nowhere near the experience needed to be successful at this game.
March 8th, 2007 at 6:00 pm
That house does look like a mish-mash. They couldn’t decide between brick or stone facing until someone had a brilliant idea… “Why not both?”. Or maybe the builder was trying to use up leftover materials?
March 8th, 2007 at 7:28 pm
That house definitely isn’t worth $2.5M. It’s just interesting to see the different types of architecture in different areas of the country. Homes in TX vs. CA vs. KS vs. VA look way different. That’s all I was saying people.
March 9th, 2007 at 6:33 pm
@161
Wrong, wrong and wrong. But seeing your taste, I’m not suprised in the least. Just because I have standards doesn’t mean it’s jealousy. I don’t consider that crap luxury. Luxury isn’t stamped out like some cheap plastic product from China. Minimum bid construction, dime-a-dozen design, and the cheapest materials available isn’t quite my cup o’tea. Classless garbage like you would think it is the pinnacle of good living because you don’t know any better, being raised as white trash as you so obviously were. It sounds like you’re far more familiar with the inside of a doublewide than I’ll ever be, simpleton.
And yneone, why am I not surprised that you love that house so much? Maybe you want to move there. In fact, do. Please, please do. Go to Utah.
March 11th, 2007 at 4:32 pm
@162. yneone:
“Love the house in the first picture. My dream house actually.”
For someone living in the ghetto district of the Valley, I’m not surprised this would be your dream house. Too bad you could never touch it. When are you moving to Texas already?
March 19th, 2007 at 12:43 am
My View on College Casey Serin Facing Foreclosure on Wikipedia - a Defense Couldn’t Avoid Foreclosure on Burdett Burdett Avoid Foreclosure Deadline Facing Foreclosure Story on CBS San Francisco Utah Trip a Success! Don’t Be a Dick. Do Some Sweet Deals. Timeline of Life, Houses and Foreclosure CashCall is Calling my Friends Get Foreclosure Help by Drinking Fresh Juice My First Trustee Sale / Foreclosure Auction Results
March 22nd, 2007 at 1:16 am
Looking on the sidebar there are only two properties that have not sold or gone into foreclosure. After this two are finished with is the story going to be closed.