Wow. I mean just wow. Somebody grab the butterfly net and the jacket with the 110" extra long sleeves. Latest Casey fragment:
Endgame Observer…. what do I bring to the table? I believe I have been blessed by my Maker with an intense curiosity and the ability to spot opportunities (and being in the right place and the right time or the WRONG place at the WRONG time depending on context).
Currently I am in the position to bring BIG opportunities/deals to the table and bring key people together. How?
I have made lots of interesting contacts through having so much exposure. People email me on a daily basis with opportunities. I actually have too many. Everyday I open my inbox and mine my emails for gold nuggets of opportunities and the makings of a sweet deal.
Even this connection with Duane and of House Buyer Network and Real Estate Investors .TV for example… it sort of just presented itself without me having to actively pursue it. (Thanks to John of Forsakencraft.com).
How about my meeting with Robert Kiyosaki (Thanks to PrLinkBiz of NoLimitsLadies.com). No matter what you think of RK, it’s a rare thing to be able to talk to that guy in person. What about that old deal with the East Coast mentor? Sure I screwed that deal up but that’s not the point.
The point is opportunities just come to me. It’s kind of magical. I just have to be careful to take advantage of it properly. Sometimes I have to go with my gut, other times my gut is too impulsive so I have to go with my logic. Sometimes both.
I can’t take the credit though, I was just writing my story and not even asking for any of this exposure. However, when the exposure came I ran with it…. and still running.
A good friend of mine told me that starting this blog was the single worst AND the single best thing I could have done.
The idea of starting this blog came to me back in late August 2006 and I seized the moment and launched it within days. From the very start I have been brutally honest (sometimes too honest in a naive way) and the blog become controversial and caught on fire in the media. Now this blog is opening all kinds of doors. It’s a crazy adventure!
Having said all that, I have several good things in the works but nothing is solid enough to really speak of. Every opportunity takes time to put together and lots of “putting the pieces together” in a creative way.
That’s why my ideal job would be to devote 100% of my attention to establishing connections, identify opportunities, and putting together deals on high level - brainstorming and making a rough draft.
Once there is a draft, it goes to the professionals and bean-counters to spot holes in my ideas so we can improve upon it until we have a sweet plan. Then we delegate the execution of the plan to people who are highly trained in each particular area.
That’s how I see myself operating. So I need to surround myself with really smart and capable people who genuinely care for me and whose advice I can trust. Building such a team will be one of the keys to moving forward.
Man I wrote a whole essay….
So to sum it up…. here is what I bring to the table: creativity, curiosity and a positive attitude to spot opportunities and make connections and then the courage (or naivety) to take opportunities head on.
Man he owes me a new keyboard.
57 comments:
HERPH HURK GAK HORK HUURF HUURF HUURF
*choking*
Good luck collecting on that.
I wonder how many of his opportunities, sweet deals and connections are just scammers?
I wonder how many of his opportunities, sweet deals and connections are just scammers?
Only 15% are scams.
The rest are jokes/trolls.
If you had money, assets, a pda how close would you get to Young Casey? Cripes, somebody I know just borrowed $220. Poor guy down on his luck, waiting for a judgement to clear. Amazing thing. When you win a judgement agaist a bank they have three weeks to pay and they don't pay you, they pay a division of the sheriff's dept. And they have three weeks. And if any take more than three weeks? 'Course the small guy isn't allowed out of the courtroom with paying in full. But anyway, he's good for the cash. I know because I've got the pink slip to his Jaguar.
Casey has completely detached himself from reality here. I don't even need to point out the stupidity of that post, but I can't help it. How can even Casey think that it doesn't matter whether the sweet deals are any good or not?
Today I offered to manage his apartments for him, right after saying that whatever property manager he finds will probably rip him off. I keep checking my mail half-expecting a reply from him asking about my rate.
Robert,
Are you familiar with the Doomsday clock of the "Bulletin of the Atomic Scientists"? (For the uninitiated, it shows the minutes to midnight, signifying the current risk of nuclear apocalypse).
Maybe you could put up something analogous on your site to reflect Casey's situation.
We could operationally define the final crisis to be BK and/or he goes to jail.
He's baiting us. He reads this site and refers to it more and more (almost spitefully).
He did this to see what kind of rise he could get out of us. It's almost like a kid yelling na, na, na, na, na from a safe location. You know where the other kids can't beat him up?
He has zero deals. Whatever magic he has sounds like a kid trying to sell us he is in the game when in fact he isn't.
Ever since he traded in that knarly, knit number for the new gold-lined tinfoil one that Spaceman Spiff brought back from his latest journey, he's being inundated with "interesting contacts."
[Someone is pulling comments from here and posting them there. That's fine, I'm not territorial but know that this might happen.]
The new sponsor is pleased with his click through rate. I think after a few days and all that's left are DOJ and treasury.gov site copies he won't be so pleased.
Boy is Casey ever on an "up." He's clearing $2,000 of the $20,000 he needs every month to stay out of jail.
What a day for Case-iarrhea...
It's almost too funny, I can't believe he thinks he has a god-given talent - when he's simply being circled by jackals and jackas*es (like me! ha!) who are waiting for him to get a clue.
*rolls eyes*
Every time he seems to be coming back to reality, he does an about-face and veers right back off the deep end. Does he really think that just getting to meet RK is some sort of special, blessed event? The man is a scam-meister. Plus, that entire trip to meet him didn't make him one penny of profit; it was a net loss, not a net gain.
He really has no clue at all what building a business is all about. He doesn't understand anything about creating value. He has no clue how to do ANYTHING other than blog, read self-help books, and go get more Jamba Juice.
*sigh*
i can't stop laughing when i read that... lol
casey's most useful connections are with the russian mafia. Those may literally save his a** ... when he's in prison!
Just posted over at IAFF:
"my ideal job would be to devote 100% of my attention to establishing connections, identify opportunities, and putting together deals on high level - brainstorming and making a rough draft."
What you're essentially describing is someone who works in sales. That's a career you should take a hard look at. Salespeople are not tied to offices, often have flexible hours, and if their pay is commission based, they are in total control over their own income. Those are all things you seem to value. And you do have the positive, win-win mindset that a good salesperson needs.
Plus, a good salesperson can easily make a 6-figure income. Sweet!
In short, try thinking a little differently about what it is that you really want, and just maybe you can find a way through to something better to do with the rest of your life.
You know, something struck me about Casey and money. He's so far gone that nothing short of $100k or so means anything anymore. So when he gets a cell phone bill for hundreds of dollars, he says, "Man, I really should do something about that." The rest of us would be on the phone TODAY figuring out what the problem is.
That's why Casey can't get a job. What's a $2000 paycheck even worth to him? That doesn't even pay for one guru class, much less a week's supply of Jamba or his latest sweet deal. Small change (less than a few thousand, at least) means nothing to Casey. He wouldn't know Frugal if Sputnik pooped it into his shoes.
The big question is, what will he do when all this goes down in flames? Assuming he stays out of jail, will he and the G have their own Great Depression experience and learn from it, or will a $10 bill always be useless to Casey?
I added some comments on IAFF directed at Mr. LeGate but they didn't make the cut apparently. There is no way he wants the sort of attention that Casey provides. He'll get eyeballs, but they'll be angry, bloodshot ones, cause that is the sort of emotion Casey engenders in his readers.
Sorry Casey, but no way no how do you profit off from this debacle. You've played a dangerous game--you taunted and inflamed readers so as to guarantee your page views and site visits, but it's a double-edged sword. Reap the whirlwind
If you think that Casey is a marketing genius, check out this quote from his post announcing IAFF sponsorship:
"Anyway, check out REI.TV while it lasts. This is some of the cheapest real estate investing education you will find."
If that doesn't inspire confidence, I don't know what does.
About once a week, I create another posting name - today it was Endgame Observer. I (and others) have asked Casey the 'value add' question before, so I thought I'd try again.
Never expected any response, much less this one. Casey is really "Master of the Universe" delusional in responding to my post. He sees himself as creative brainstormer and deal strategist, then 'delegating' the menial tasks of sanity check and execution to others. Wow, just Wow!
Doug -
Heh, I have a long post under the diagnosis entry that details my coming to that same conclusion.
Something went wrong with the two of them (him and G) someplace and they consequently just have no understanding of the value of a dollar. Her whole 'you just pull money out of your ass' while he blithely spends twenty thousand dollars on a single week of yet another seminar without even thinking about it - and took out a $22k loan to do it as if that's no big deal.
It's astounding really.
Sprezz: "Does he really think that just getting to meet RK is some sort of special, blessed event?" Did you see the youtube vid of that "blessed event?" RK laughed in his face and did everything but actually say, "You, my lad, are a f*ck up." If disdain & contempt from your hero doesn't shake you, nothing will.
Ogg: You crack me up on this site more than on IAFF. I keep imagining that commercial with the sophisticated cavemen casually dressed for dining at the country club.
"It's kind of magical" -- oh, it's just too good, especially when it's followed by the 4:30pm "it's been a hard day, time for a nap".
What does Casey bring to the table? FAIRY DUST!
But on reflection, I think Dolph is right. He's playing us; he knows the hot buttons that'll get his readers agitated and keep 'em coming back. (For example, his continued use of "sweet deals" is a little too knowing; there's a hint of a wink behind it.)
M. Cote,
I found the land use attorney ad absolutely hilarious...and I'm tempted to click through.
First, I need to stop agreeing with Dolph before people start to think we're in cahoots. Dolph, you are right, he is baiting the happy residents of EN. He might just be a little snippy about Robert's $2.45 spending spree that's bringing eyeballs here instead of IAFF. Sweet Deal(tm) Robert, well played.
Sprezz-
I take umbrage at your suggestion of Casey going into professional sales. He doesn't have what it takes to be a good salesperson. I am in sales, and I worked my ass off to get to where I'm at. For a salesperson to make six figures, you need more than curiosity and ideas and the ability to bring Sweet Deals(tm) to the table. Closers make money, not idea people. To close deals, you have to have a great deal of follow-through (Casey does not), attention to detail (no for Casey), at least a rudimentary understanding of cash flow (sorry Casey), and know the difference between gross and net profit (no Casey, not for you). Not to mention the fact that to make the big bucks, a salesperson generally needs to sell a LOT of whatever it is they are selling to make a big paycheck.
Also, I don't think he could handle some of the stresses that come with the job. Big sales jobs come with big territories. Your boss does not give a shit if it is your wife's birthday. If a two million dollar deal is on the line, you ass is in Nebraska if that is what it takes. Casey won't open his mail, how could he do that?
Let's not even get started on ethics. Casey, if what he feeds us is accurate at all, has a long way to go before he can say that what he does he does with integrity. I know all the jokes about salespeople having no scruples, but seriously, make one shady move, and you can be sure that you will be blacklisted in a heartbeat.
If Casey is cut out for anything in sales, it's car sales. He can bird dog the leads, and let the closers do the rest.
End rant.
p.s. I think I'm turning into the Exurban Nation curmudgeon. Maybe Cote will give me a piece of grass here so that I can shake my fist and tell you kids to get off my lawn.
-jbjbj
Oh, and another thing...
How about my meeting with Robert Kiyosaki (Thanks to PrLinkBiz of NoLimitsLadies.com). No matter what you think of RK, it’s a rare thing to be able to talk to that guy in person.
No it's not. He shops at the Biltmore on 24th street and Camelback here in PHX. My g/f and I saw he and his wife there. Meh.
One word: Meth
Other sites you can buy:
IAMFACINGFORECLOSURE.MOBI IAMFACINGFORECLOSURE.TV IAMFACINGFORECLOSURE.WS IAMFACINGFORECLOSURE.NAME
BK watch update: No BK filing yet. Maybe tomorrow. It's the big day.
Rob Dawg,
For those of us cubsta loosers who have sheet to do aroun here, it’s gettin REAL hard to keep up with the goins on around here. Perhaps a best of synopsis/metadata filter be necessary these days.
Da Lobsta
He doesnt approve my comments most of the time. I also post under the In_laws name also.
Today I posted about the girl with the Jeep in oregon asking for her measurements and defining the perfect date for us in honor of casey (gonna have to paraphrase..I forgot all I wrote)..
She will have to let me call her Galina. She will have to go to chipotle and drink Jamba juice with me....etc etc...it was some funny shit.
I think this guy is a complete trainwreck. I have forwarded his information to several authorities including the Postal Inspection service, California District Attorneys, and the loss mitigation departments at several of the lenders which gave him the loans.
He deserves to be in prison.
Up until today I thought his wife was a blind sheep being pulled along by him...but it turns out I was wrong. He allowed a post to go through that showed his wife and him selling the properties to each other back and forth so I did a search on his name and found where someone pulled the public records on it.
They clearly show his wife being the owner of properties and then selling it to him.
Fuck him and fuck his thief wife...deport them both.
LOL Jimbob. Appreciate it.
Yep, common sense. I think we all agree Casey lacks it, bigtime.
JimBobJoeBobJim - no offense meant to real salespeople!
Wonder if Casey will let my comment through. I'll post it here also:
Casey, do you really understand the apartment market and what it takes to convert/renovate a distressed multi-family property into a cash-positive one? You obviously have some knowledge of the real estate market through seminars and books. You also mention having taken a seminar from an apartment guru. Unfortunately, you have trouble applying the knowledge from your books and the classroom into the real world.
A few years back, I formed a partnership with two friends with the intent to purchase apartment complexes in Sacramento (or somewhere in the Central Valley if need be). One friend worked in a commercial RE firm specializing in purchasing apartment complexes in SD county to either hold in their portfolio or renovate and flip. The other friend was knowledgable with renovation and had numerous contacts. I was the money man.
In the course of a month, we analyzed nearly 20 complexes from Bakersfield to Sacramento using property data from a local commercial RE firm. We looked at everything from price, vacancy rates, current rents, cap rates, gross income multipliers to location, renovation needed for each unit and area crime statistics. You know how many properties passed our criteria? One property. There are not many distressed multi-family properties out there that can be turnkeyed cash-positive quickly. The distressed properties that you speak of are distressed for a reason. More often than not they are located in a bad neighborhood, need major renovation, have low tenancy rates, and sometimes involve you needing to evict tenants that do not or have not paid their rents. It is a LOT of work.
That brings up the question that has been asked by Endgame Observer and others. What do you bring to the table?
"intense curiosity" - Ok, great. We're talking about multi-million dollar deals for apartment complexes and you're bringing your intense curiosity as if we're going to the Space Musuem?!?!?!
"the ability to spot opportunities" - Um, no. Crunching numbers on properties available is spotting opportunities. It took you 4 months to produce a spreadsheet of your assets/liabilities.
You are bringing nothing of value to the table. You're not hard working, have no discipline, can't properly evaluate property, and have no legitimate capital. Why would anyone present an opportunity such as a property deal to you when they can work the deal themselves?
These opportunities you are currently receiving are people/businesses capitalizing on your brand/story. They run a business and have calculated their ROI by associating with you. You may be getting some cash but they are getting more. Nothing wrong with that, but once you become a liability (and they know you will be), you are dropped since you have exceeded your usefulness.
And what's this about you being brutally honest? You keep saying your wife had nothing to do with your homes when evidence points to the contrary. Let's clear the air on this.
I wonder if the folks at NRU will be talking about Casey on their conference call tomorrow (Wed) or next week (Mon).
http://inwiththenew.com/le_briefings_list.asp?ID=95CA
I just sent this as beezer, but I doubt he'll but it through but yeah... does he honestly believe people will line up to work for/with him and then... give him money?
Let me get this straight.
Your ideal situation is that you think up an idea (like, just for example, buying a 100-unit apartment building), then you tell some of your advisors, who then point out the "holes" in your idea.
Like, say, the problem of finding one that has positive cash flow, the problems in fixing ones that don't, financing issues, etc.
So they then tell you these problems (hey, we're part of Team Casey!), and then they and other advisors commune with you to think about how to get around these problems.
Then, they take the plan to other people, who know people with money. They recruit people who have financing or credit to get financing. Those people then all execute this deal.
Ok, do I have that right? Why, Casey, would they then give YOU the money made from that deal? So far, as far as we know, every real estate idea you've had has been a hackneyed one, that came from a seminar or guru. The deals you've spotted have been BAD. Telling us that if you'd gotten the things you bought for less, and done things differently, does NOT mean the deals were good. Because the deals you spotted were not the good ones you see.
Even if they gave you money, it'd be a tiny cut. You said you pay (you know, if it ever happens) bird-dogging mail carriers $500 to spot a deal. So... maybe those people, in an ideal scenario where you actually find a good deal, would give you $500.
First, that means you'd be working, which we all know (you're the only one who knows but won't admit it) you're not interested in doing. Second, it's not "passive income," and third, it's not guaranteed. So... why do they need you, Casey?
Are you going to pay them a salary?
Bwahahahahahaha!
I just love it when people like little Casey *really* show you what's lurking in the swamp inside his head.
Deals just come to you like magic. After I picked up my jaw off the floor, I realized it was this moment, that made the journey worth it. Thank you to Richard and the others from Ben Jones' blog who led me to Casey, and to here.
What an utter, complete buffoon.
The new sponsor is also a buffoon. I give it to the 1st of February, Casey WILL burn him too.
Looking at the pictures of his wife, you can see where some of the money went - designer clothes, tinted hair, expensive handbags and designer sunglasses while she plays "rehabber foreman"...Casey, since you admit you read this, how much of the money you scammed out of the banks went to your local mall through your wife?
She looks pretty high maintenance to me - be careful, if things don't go her way, she might be the one to be cutting a deal with the DA, especially if her name is all over the deeds...
Jesus H fucking christ! Just when it can't get any worse..I'd love to quit IAFF but just like my line of work, once you are in, you are in.
I'm thinking Meth too at this point only I can't figure out how he pays now. Think about it. He blows huge mountains of cash and doesn't even blink! This constant up/down menatlity. If it's not the Meth, maybe it's the Wheat Grass Shot. I've never had any of that stuff but maybe I should try a taste.
Oh man, those shots of G. Bada bing! I would bend that over the rail of the boat, hehehe What an ass that is. Phwew.
If he gets out of this auction today, all of the good luck in the world is gonna be used up. Please, if there is a God, don't stop the auction. How in the world is the second ever gonna go for this?
I don't think he's even considered it. I mean he only owes them like $75,000, is it? Chump change. Who'd make a fuss over $75,000? Why, if Casey were making some sweet deals, and pulling in that $1,000 - $10,000 an hour he was talking about, it'd only take like a week to make that! Or he could make it in one really sweet deal!
Seriously, I don't know how it works, can the second foreclose even if the first decides on a sale that completely cuts the second out? Does the second have to sign off for a short sale, or not? Does the second have to sue? What's the protocol there?
Casey is featured in the Sacramento Bee today:
http://www.sacbee.com/103/story/112573.html
Bob Shallit: Investor's tale of woe winning big audience
By Bob Shallit - Bee Columnist
Last Updated 1:34 am PST Wednesday, January 24, 2007
West Sacramento investor Casey Serin has blogged his failure at "fixing and flipping." Sacramento Bee/Randy Pench
Casey Serin has had more than his 15 minutes of fame. He's been on the cover of USA Today, in the New York Times, on National Public Radio. Now The Bee.
The reason for his renown? The 24-year-old West Sacramento resident has been singularly unsuccessful as a real estate investor. And, unlike most people who've lost a ton of money, he's been happy -- eager, really -- to talk all about it.
Last year he launched a blog (iamfacingforeclosure.com) that chronicles in painful detail every mistake he's made since deciding to get rich "fixing and flipping" -- buying homes, making repairs and then selling them for a profit.
The site has caught fire, drawing thousands of people who follow Serin's every move like a soap opera.
"It's like a train wreck," he says of his story and the national attention it's attracted. People can't help but stare.
His investment tale is riveting. While working as a Web designer a couple of years ago, he saw one of those late-night infomercials on making a fortune in real estate. He spent $15,000 on classes right away. For a time, it seemed like money well spent.
He made $30,000 on his first "flip." But then, instead of taking things slowly, he acquired eight homes -- in Sacramento, Modesto, Utah, New Mexico and Texas -- in a span of seven months.
All were bought with no-money-down loans. And they were acquired just as the real estate market was turning south in each of those communities.
Bottom line: While Serin eventually was able to sell three of his homes, he went into foreclosure on five, with debts approaching $2 million.
"I realized I messed up big time," says Serin, who was born in Uzbekistan and moved with his family to this country when he was 12.
He started his blog with the idea of finding buyers for the properties. There weren't any takers, but he did find readers fascinated by his troubles.
So, he says, "I just started sharing my story."
On the blog, he's talked about the errors he's made, posted copies of correspondence with banks and included responses from his followers, some of whom are venomous.
"I'm amazed ... so many people want to kick you while you're down," he says.
Why bare all to the world? Part of it is self-serving. He hopes to find partners who can help him stay in the real estate game.
Part, he says, is altruistic.
"Maybe," he says, "some people can learn from my mistakes."
What a load of crap. Another puff piece. This reporter did zero background checking. The best line is the " part, he says, is altruistic.". I defy Casey to name one altruistic thing he has ever done in his life.
Serin's unbelievable, ire-inducing fragment confirms one of two things...
either my suspicion/play doctor posting on Narcissistic Personality Disorder was (scary) right on,
...or he formulated a point by point troll post after lurking 'round here and made sure to include all the relevant symptoms.
Ewwhh, mwah. (Grimace sounds.)
The wife-y some seem to adore is nothing special, in my estimation. And whatever fleeting qualities of superficial youth she might have, I'd wager that the Hot Quotient would drop about 30 points the second she speaks...and then drop precipitously as her other charms are discovered.
(I'm not listing those. We're all too aware of the incredible charms of the Serins as they have been discussed ad nauseam.)
Besides, I was up too late arranging some "sweet deals" with my local bartend...oops, ah, I mean my business associate...and today's patience is too damn thin. (Add nausea!) Perhaps when I crawl under my desk to replace yet another keyboard and mop up the coffee sputter, I'll invite Sputnik and we'll curl up to nap.
Speaking of, Uncle Robert-- please start posting when you're going to go take a nap. IAFF boy did that yesterday and I found it inspirational...NO! Magical!
Ellis did you notice right under the article in the Sac Bee they had a notice about a building for sale??? CLASSIC!
On the market: The California State Teachers' Retirement System won't be moving into its new headquarters building in West Sac until the summer of 2009.
But the giant pension fund isn't waiting to sell its current space. It's about to list its 190,000-square-foot building on Folsom Boulevard near Sac State.
'Any buyer would have to lease back most of the building to CalSTRS until the new headquarters is completed, says Randy Getz, part of a team of CB Richard Ellis folks hired to market the property.
The lease-back is a plus, as far as Getz is concerned. The buyer gets a reliable income stream for the next 30 months, then can seek new tenants at a time "when the Highway 50 corridor will be very competitive," he says.
The sales price for the three-story building? No specific figure is being asked, Getz says. "My sense is ... we'll let the market tell the seller what it's worth," he says.'
I was thinking about kicking habits and wondering if Mr. Legate is a "sponsor" in the monetary sense or in the 12-step sense.
I'm not sure if CS has any addictions other than the obvious real estate/JJ/Macaroni Grill/conspicuous consumption compulsion, but he could definitely use a sponsor in both senses of the word!
Regards,
Nebraska
Shallitt's piece in the Sac Bee fails to mention one leeetle fact: he committed fraud. Letters to The Editor (of the paper, not jsut the website) pointing out this fact can be submitted at: http://www.sacbee.com/326/story/19629.html
umm yeah casey it's called denial. his latest post
'But I am sure glad that I don’t base my self-image on the opinions of most people on this blog. I would be one miserable person if everything people say about me is even close to being true.'
Grand villa in Bucharest centre can buy them for 1,900,000 euros. Several real estates and properties in Romania to selling. Kontakt-me: EU-Capital@web.de
"Duane" talks a good game but I don't buy it. Here's the post I doubt that will get printed.
When I do business, if I get a whiff of someone handling things illegally I cut them loose.
@Duane post 99 If you choose not to do business with me because I am trying to help, that is a personal decision you must make.
My last attempt was blocked. 2nd try. You might be missing something here. Perhaps it's not because you think you're helping that has put people off. It could be that you have linked your business with someone who blatantly admits to committing multple frauds in many states. Is this too small of a crime for you to consider?
Casey's now saying that the Trustee Sale for Muncy has been postponed for a month while the lender reviews the 275K cash offer from Casey's buyer.
Re: CSTRS building
Sounds like a Sweet Deal (tm). I think Casey should buy it, sight unseen, for whatever the highest offer is plus $10,000,000.
Re: Sponsor
I was under the impression that the sponsor was getting free clicks on Casey's website temporarily, and that if things worked out, he'd start paying Casey... So, he's paying $2k/month for the sponsorship?
Here's the comment I just left on Casey's website re: Prlinkbiz contract vs. the whiny-assed opinion of Duane, his new bestest buddy:
"*cough*
Didn't prlinkbiz have you sign a non-disclosure agreement? And, um... you disclosed the entirety of the contract to Duane, who just admitted as much publicly on your blog?
Man, you never learn how to honor those contract thingies, do you?"
What a little shithead.
Primary Owner: SERIN, CASEY
Mail Address: 6842 BURDETT WAY SACRAMENTO CA 95823
Site Address: 6842 BURDETT WAY SACRAMENTO CA 95823
Assessor Parcel Number: 039-0227-001
Census Tract: 0047.00
Lot Number: 285
Page Grid: 317 -J7
Legal Description: PARKWAY NORTH
Property Characteristics Bedrooms - 3
Year Built - 1959
Square Feet - 1,408 SF
Bathrooms - 2.0
Garage - Garage / 1
Lot Size - 10,454 SF
Total Rooms - 6
Fireplace -
Number of Units - 0
Zoning - RD 5
Pool - / Use
Code - Single Family Residential
No of Stories - 1
Latitude - 38.50322 Longitude - -121.4384
Buyer Name SERIN, CASEY
Buyer Vesting Married Man as his sole and separate property
Seller Name SERIN, GALINA
Legal Description Lot: 285
Subdivision: PLAT OF PARKWAY NORTH
Map Ref: MAP26 MB52
City/Muni/Twp: UNINCORPORATED
Prior Transfer Recording Date 01/04/2006
Document # BK-PG: 20060104-0567
Price $295,000
Document Type Grant Deed
First TD $295,000
Type of Sale Full-Computed from Transfer Tax
Lender Name FIRST FRANKLIN
Buyer Name SERIN, CASEY Buyer Vesting Married Man as his sole and separate property
Seller Name GARCIA, RUBEN
Legal Description Lot: 285
Subdivision: PLAT OF PARKWAY NORTH
Map Ref: MAP26 MB52
City/Muni/Twp: UNINCORPORATED
Prior Transfer Recording Date 10/13/2005
Document # BK-PG: 20051013-1769
Price N/A Document Type Intrafamily Transfer or Dissolution
First TD $200,000 Type of Sale Non-Arms Length Transfer
Lender Name WORLD SAVINGS BANK
FSB Buyer Name GARCIA, RUBEN Buyer Vesting Married Man as his sole and separate property
Seller Name GARCIA, MELANEE
Legal Description Lot: 285 Subdivision: PLAT OF PARKWAY NORTH Map Ref: MAP26 MB52 City/Muni/Twp: SACRAMENTO
Duane sure did get his nutsack all in a bunch quick, didn't he?
Perhaps I am stupid, but isn't paying Casey for being a sponsor essentially the same as having Casey on the payroll? You can argue semantics, but Casey is receiving money in exchange for a service provided, or am I missing something.
Its interesting he is very vocal about defaming Amy the realtor and Prlinkbiz, while almost absolving Casey of any responsibility. According to Casey, Amy was a great, hardworking realtor. I would like to know what information Duane has to the contrary. He had some very harsh words about her, but none for Casey, the person responsible for all of this mess.
At least we will see the contract soon. That should be a good laugh. In discussing and/or releasing the contract, does that violate any of the "confidentiality?"
Certain words & turned phrases have been nagging at me. "Duane's" latest responses & Casey_jumped_sharks post showing the Garcias & Serins sales/purchases made it all click.
With NO OFFENSE intended, I sense a church angle here. I think Casey may have been working his scam through his church. Would be willing to bet that if Duane isn't also a member of his congregation they have alot of similarities & there's a religious base.
I've seen this happen before. When the church folk get together all seems normal enough but slowly all blame gets shifted outside the ranks. Note latest attacks on Amy the Realtor (who had sense enough to get him to delete references to her in the blog) as being a large part of the problem.
Opinions? Comments? Am I off base?
PrLinkBiz was just informed about Casey's sponsorship and Mr. LeGate's urging to post and/or ignore the stipulations of the contract Casey signed with her.
She appeared to be unaware of this, but was definitely interested. Casey does seem to have a knack for burning bridges. I wonder what happens next.
BC just got this one through...
CASY IS AN EFFING MORON!
• 288. Big Cheese
January 24th, 2007 at 11:34 am
*G*reed is not good.
*A*ccept what you cannot change.
*L*ittle things sometimes make a big difference.
*I*ntelligence can be measured many ways.
*N*ever stop trying to improve.
*A*nother thing- enjoy the present moments.
-BC
Big Cheese, as the Guinness Draft guys would say, "Brilliant!"
Why would a legitimate business sponsor the website of someone who has admitted loan fraud and receiving illegal cash back?
I found this quote from Duane Legate on Flip This Lawsuit:
Duane LeGate wrote:
Unbelievable. I stumbled across this website. I havent seen Sam on Flip This House, I watched part of a show with the San Antonio crew. When I saw Sam’s named associated with this show, I about fell out of my chair.
When Sam was with Platinum, I had a property in the Atlanta Country Club. I cant remember how Sam and I got together, but he put a contract on the property with curious stipulations.
Bottom line, he had asked for a 50,000 dollar kick back at the close. Needless to say that is not legal and I told Sam I had accepted another offer. I ran into his broker at a tradeshow and asked about Sam, I was just curious if he had any idea what type of guy he was… his broker had FIRED him for doing fraudulent activity.
The irony in all of this, was that A&E actually came to my office in Marietta GA and filmed for a day for the show…
I lost out to a crook???
Your kidding me…
Posted on 20-Sep-06 at 2:22 pm
I quote, "Bottom line, he has asked for a 50,000 dollar kick back at the close. Needless to say that is not legal . . .".
So, Mr. LeGate has now associated himself with just the sort of "crook" he condemns in his post.
I can only conclude that:
1. Mr. LeGate condones illegal activity when it gets him publicity for his company. Sponsor IAFF.
2. Mr. LeGate doesn't condone illegal activity when it gets him publicity for House Buyer Network. Comments on Flip This Lawsuit.
3. Mr. LeGate generates publicity for House Buyer Network on the internet by associating himself with whatever Real Estate related website he can find that is generating the most eyeballs.
Wow what a dork.
Casey Serin spared no expense when in Hawaii
Hi Guys:
Interesting progression - this real estate investor tv just "opened" for business on Tuesday. The are associated with the other sponsor (House Buyer Network) on Casey's blog.
What I can't figure out is why anyone would pay $39.95 every month for this "stuff." The "Hundreds" of Education titles are things you can easily find on MSN, Yahoo, or via google... not to mention a good book in a library.
I just don't see the value. In the meantime, I wonder how long until Casey's sponsor asks him to submit an article? I mean, at $39.95, they are going to need a constant stream of content and information to keep the value for their "members."
One final question - how is the "president" of this company going to monitor/mentor Casey when he's based 3,000 miles away in Georgia?
Went to Georgia Secretary of State Corporation search page. Mr. LeGate has several entities. Beginning with Strategic Fulfillment to Legate Properties to his latest HBN Realty.
Duane, you owe your current year Annual Registration to the State of Georgia, by the way.
I can't find that Duane Legate, 43, or his wife Lisa have ever held real estate licenses in Georgia. Duane Franklin LeGate's father, Eurie Franklin LeGate held a real estate license until 1991.
How does such a busy man as the "president" of HBN monitor/mentor Casey from Georgia? I guess he has lots of time now since Sam Leccima beat him out for that gig on "Flip This House".
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