Sinkhole or stinkhole? Mr. LeGate has confirmed what I have been predicting all along. Floridia is among those place uniquely primed for massive Real Estate pain. From a CNN article:Duane LeGate, president of House Buyer Network, arranges quick sales for home owners in distress. He claims he can predict where markets will go bad by looking at the traffic on his Web site.
"We can tell you what's going to happen nine months from now," he said. His most endangered market right now is Orange County, Florida, home of Disney World.
"Orlando has blown up. There's been a 700 percent increase in traffic of people filling out our forms," he said. "I could put a bull's-eye on Orlando and write the headline for what will be going on in January and February."
I suspect Gulf Coast will hang on a bit longer but eventually fall harder. The article is also good for an overview of how Duane works. Personally, with current market conditions I'm thinking his stated margins have got to be uncomfortably thin.
152 comments:
Murst! Gratz Duane.
Second! Yay!
my furst!
FIRST, Moist, LIVERWURST
I sold early, I sold low, but I got the cash and I am out.
Wish I could convince the in-laws that the time for a good sale price is quickly passing. I could have got them 400k last year for their house, but seriously, I am not sure it would sell for 300k today.
My old 'hood has a 8 month inventory, and rising all the time because of slowing sales.
Duane, no love for Palm Beach County. We're set to collapse down here as well. Prices are insane, not quite as weird as California.
Nothing's moving and the talk of property tax reform doesn't help. People don't want to sell and then have the Legislature five months later pass a law allowing them to port their homesteads. And what will be fun is when we get another season of five major hurricanes. Our so called governor rammed through insurance "reform" whic saves an average of 5% ion windstorm premiums.... but if we have another hurricane season like 04, then the state will go bankrupt. No really. And Crist knows it and said as much. But the important thing is is that people save 5% in their windstorm. Whoopie!
oh and thank God, no sinkholes down here. Just hurricanes, gators, big snakes that eat gators, poisonous buffo toads and French Canadian tourists.
Agent,
There are millions of Floridians in your parents position. To some extent this is the ultimate revenge on the baby boomers. Taxes and insurance are crushing the lower class who overbought. It is gonna be wierd because there will be jobs for the time being but the lower class survivors will have to take two each and leave half unemployed.
Future FL conversation at the fry machine. "Oh man, you are so lucky, I wish I could afford to rent but the cost to get out of my mortgaged home plus the rent is more than I'm paying now even if I'm burning equity."
I'm going to be moving to south Florida soon. Is there any advice you guys could give me about buying a house or condo there? I'm not sure I understand all this stuff about the real estate tax situation there.
Duane,
Could you tell me what are you seeing in the Portland/Seattle market? Are the contacts to your site increasing from this part of the country? Thanks much in advance for the info.
I live in Orlando. The amount of for sale signs around here is simply staggering. Drive into any neighborhood and I would say every street has about 4 to 5 homes for sale.
Prices aren't dropping either. People are in complete denial, and still feel their 3/2 stucco box that sits less than 10 feet from their neighbor's home is worth $300,000.
10:56 Anon: I know what you mean about the prices not dropping! I have been searching realtor.com for two months now, and condos that have been on the market the entire time have not dropped at all. It's weird.
To give you an idea on how "sticky" prices are, look at how inventory is skyrocketing while listing prices don't budge.
http://www.housingtracker.net/askingprices/Florida/Orlando-Kissimmee/
Is this Steve Serin, or Casey Serin posting yet another scam?
http://amsterdam.craigslist.org/cps/345175579.html
Notice the email is steve@serin.us
Doesnt Casey own the serin.us domain?
http://amsterdam.craigslist.org/cps/345175579.html
Link friendly
Casey owns the domain. But I figured that was a Hater trying to stir up shit, rather than Casey himself.
Must be Casey. He already had a webhosting company back in the day, and this MLM scheme seems right up his alley.
Looks like he was keeping busy in Australia.
Hobbes,
Palm Beach Got nailed.. bigtime... it was and is a bloodbath... BUT from what we are seeing.. it has stabilized hinting bottom.
Its about a month old. Maybe you're right, martitaa... maybe just a hater.
It will probably get flagged offline quickly, so here's a copy for the archives:
Reply to: serv-345175579@craigslist.org
Date: 2007-06-05, 7:57AM CEST
Hello there, I am posting this for 2 kinds of people
1. People intrested in making their own website for just $10 bucks a month, that includings hosting, domain name and up to 10 emails.
2. People who want to make some extra money. Once you make your website, you can tell others about the service. For every person that you tell, you will recieve 50% commision on their purchase.
For 5 people you refer in a single week that is a $100 for 25 it will be $500 and so on. For every person they refer, you get 10% of that too. This is MONTHLY income, not a one time thing. That means you will keep getting payed each month!
Send me an email if you are interested. steve@serin.us
"prices have not dropped at all. it's weird"
No, it's not. There were early signs of the California RE crash in 1989 but the real price drops started two years later and continued for three years or so.
This bubble is bigger, money is flakier, the Feds are more determined to hold the credit bubble together, a lot of people have enough equity and cash flow to "hold on until the recovery".
You've got a relatively large # of people who CAN'T drop their price without declaring bankruptcy. Gonna take awhile even though the crash is now over one year old.
2008 should be pretty fire-worky.
The Craigslist post looks like Casey's writing to me. The pyramid scam is definitely with his M.O. My guess, and it's just a guess, is that he owns the domain and can access other folk's accounts. Steve may not use that email address so Casey decided to use it for another con.
If I'm right, what a prick!
Just one cotton pickin' minute there (as our friends from Georgia would say)
How do we explain this?
This spam message
http://www.gumtree.com/london/45/10417345.html
lead to this MLM site
http://www.freedom.ws/serin
Steve Serin is listed as the MLM sponsor, and there is a link to Steve's email.
Is this his brother, or is Casey just using his family members to scam?
Don't hold back, Rob. There's more to these crimes of Casey than you've let on.
And on another note, there's been a shooting at a Vegas casino...
Sprezz,
At the risk of revisiting an old story yours includes this hilarious ending: Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
steve@serin.us posting #2
steve@serin.us posting #3
steve@serin.us posting #4
They need to pin a medal on each one of those dudes that tackled that asswipe.
Ha, Broward, at first I thought your name was Broward Home, like you were advertising your real estate agency or something.
@dawg -- that legalese is stupid! I think they're just bluffing. :-p
Damn - Bubba ws right that MLM link does go to Steve Serin's gmail!!
"Press the button above to start your GDI 7 Day Free Trial
Have questions? Email your Sponsor (Steve Serin)"
I would have to go out on a limb and guess that it is good ole KC using Steve's email. I am sure when KC bought the serin domain name he set up accounts for the family. We already know that he has them redirected to himself. Once Steve officially became one of the haterz, all bets were off and he became fair game to another KC scam.
I've flagged as spam all the CL posts.
I remember back in my youth I was Steve Serin for President. I still think the guy is da bomb for coming forward to call out his asshole brother - Duane please let him know that Fliptardian is going to get him in big trouble!!
Steve is the mechanic, right? He seems too sane to get involved in MLM crap.
June 6 (the date of those CL posts) was the day the official "We're Back" post went up on IAFF. I rather doubt that Steve would have chosen that point in time to launch himself as an MLM promoter.
Anything's possible, of course, but the timing suggests some other explanation.
"I thought your name was Broward Home, like you were advertising your real estate agency"
The only thing that sucks worse than real estate now is paper.
This "shares of home equity" story is true madness.
I think it's interesting that EN, in its rush to prove its morality, has chosen Casey as "Ethical Frankenstein" but avert their eyes from the MegaCaseys in government and corporate positions.
It's an interesting effect, I've watched it before a few times, I'm still not sure what to make of it,
but there's definitely a lynchmob, groupthink mentality in play, I suspect that several people are displacing inequities from their own histories onto Casey.
It's way too personal.
I don't expect much honesty from my fellow Americans these days, I'm not that offended by his actions.
Steve is the "car guy" and he doesn't even use an email on his website. There is a phone number, but it would probably be best if someone who has had contact with Steve call him and let him know that his email is being used this way... Duane, Lossmit, R-boy, R-dawg or anyone else whom has had contact please let him know!
Of course this could be part of the "super secret posts to come" stash and Steve and others are already aware!
At the same time, if any other San Francisco area residents want to meet up at a bar and berate KC over beers that could be fun. EN field trip anyone?
+++++++++++
Yes, lets.
I am in Orlando. We can watch the Real Estate Market Implode and gossip about Casey.
No Trolls pleaze.
Local EN'ers?
I won't be calling into the fraudcast, but can someone confront fliptard about the MLM scam attributed to Steve Serin?
I would not be surprised if Steve is involved in some MLM scam (criminality is hereditary) but I think Casey is using his brother's name for the scam.
Worm sign
My moderator is on vacation till Tuesday, so I gotta do this myself… be patient.
I have a lot of crap to deal with today - first day being back.
I'll be calling in. I have to admit, yelling at Casey is very therapeutic. Even if he doesn't listen.
I guess it is possible to make sweet real estate deals from prison:
http://www.marchingpowder.com/content.php/8.html
A Google search for "GDI scam" is somewhat revealing: as with NRU, it's a mix of "of course it is" from skeptics plus a whole load of "no, it's great, rah rah rah" "reviews" from those who are already invested.
It smells right up Casey's alley.
And yes, I think another topic just got added to Casey's fraudcast.
Having done a road trip to the Chesapeake Bay area a couple months ago looking for a retirement homestead, I think he is also correct on Prince George Co Md.
Nothing but cheaply built McMansions on 1/4 acre lots that used to be tobacco fields. People buying homes waaay to big for their incomes.
Expect to see the same crash just soouth of Dover Del. Thousands and thousands of new homes being built on old corn fields. Never seen anything like that short of Orlando.
But i have to disagree about Fairfax Co Va. I am hearing from several sources they overbuilt and the bill is just starting to hit. Rt 95 cannot handle any more traffic into DC.
HRM.
I've been thinking, what could he have done that's worse than what we know about, per Rob's comments.
Dealing drugs is one thing. Doubt it with fliptard.
Using his sibling's identity to start new scams under another name is definitley on the list Especially if the siblings are not Net saavy, and would'nt stumble on it.
Using sibling's, family's and spouse's social security numbers is also something worse - and he'd have access. Like taking out loans in their names? Could CashCall be looking for Steve Serin as well?
How many of Galina's cards were applied for in her writing...or Casey's?
Title loans on Mom and Dad's cars?
How low can he go? We're getting into pretty slimey territory...any hope of some guideposts, Rob? If we're going that deep...there are endless places we can go.
I just did some research (cause I'm lazy), and noticed Goldsprings daily volume went from around 2million to suddenly 44 million on April 2nd and 3rd. It would seem a lot of people bought in to the pump and dump spam Casey got. The previous day it was trading at $0.03 cents a share and jumped to $0.04 on the day Casey bought. There was some selling on May 25th in the when the stock went from 2 to 1 cents per share. The estimated $52,000 paid for the stock is currently valued at $1200 if he did, in fact, hold.
"Crap I gotta deal with"
Belittling the issues again. It's all just an annoyance to young fliptard, Mom and Dad and Mom in law and Dad in law and brothers and sisters and wife are just so crazy, so much drama, man, all I want to do is earn an honest buck and all they do is HATE.
Poor, put upon Snowflake. Everyone just holds him back, they're just Hate Anchors.™
Dawg,
I cannot find online any case for LMP vs. FLiptard. Can you please provide this. Also, I would suspect that Fliptard's parents are ready to turn him over to the authorities. If in fact, he forged paperwork and opened up multiple loans using his family's names, they are now directly involved in his scams, albeit involuntarily.
Maybe a meetup group...anyone have one of those?
FMW, I am in Sanford/Heathrow area. I am only willing to come if it is murses optional.
H simpson,
I agree. parts of fairfax county are struggling. I live on the edge of fairfax(City of Alexandria line butts up to my back fence in the form of parkland). Prince william I would think is even worse. Leesburg/Ashburn area. I can't believe how fast those areas built up. I do road rides lot through parts out there and in the past 5-8 years it is truly amazing the growth. There was an article last summer about a gal i know that bought a house. let me see if i can find it. check this out. talk about a discount!
http://www.realestatejournal.com/buysell/markettrends/20060824-corkery.html
FMW & Agent #777,
I'm in Lake Mary if you guys ever plan on doing anything.
I'll leave my murse at home if it makes everyone feel better.
New comment up
July 6th, 2007 at 11:55 am
My moderator is on vacation till Tuesday, so I gotta do this myself… be patient.
I have a lot of crap to deal with today - first day being back.
OK gang, I sent Rob an email this morning. I had a great idea to find out where Casey wasnt welcome. Background...
I got off the phone this am with w*** of Snowflake, she is an early riser(a real one) and we talked about Snowflake coming back. Casey already knew he wasnt welcome there, so it has to be his parents house that he is not welcome (my speculation only.. I have NO knowledge or then again.. maybe I do)... So since we dont know exactly where he isnt welcome AND we have incredible detectives on EN that can deduce where he isnt... getting the drift??
Anyway, I came up with a hair brained idea that will A) thumb the collective noses of EN at Casey, B) Have some fun at Caseys expense, and C) (will have to wait for mr. dawgs approval)
Lets decipher where he is welcome by determining where he is NOT.
So, what I am proposing is simple. EVERY post today must either begin with…
Casey is NOT welcome at my HOME and I will kick hiss butt to the curb if he even enteres my state. OR
Casey is NOT welcome at my HOME. OR
Casey is welcome at my home.
Casey is welcome at my home but his murse isn’t.
Casey is welcome to sleep in the trunk of my car.
OK, this is a fun thing... I will start... ahem (next post)
Casey is NOT welcome at my HOME and I will kick his butt to the curb if he even enters my state.
BTW, if he entered my state with a murse.. I would have to wait in line to kick his butt...
Ahhhhh I feel better already!
Casey is welcome in my home.
Of course I'll have to tell the cops he broke in, presented a mortal threat to me, and I was unable to find an exit...
:)
And yes, Man-bags and murses is the last thing in the deep south that can still get you lynched. I can't say if it's because we're backwards or progressive at this point.
Seems a little childish to me, Duane. We can come up with something more entertaining that that, surely?
Why not cruise the local Jamba Juices, Macoroni Grills, and Starbuks and we can track down where murse boi is.
I think he's in a Starbucks right now.... taking loooong sloooow sips on that iced coffee. The homeless shelters probably kick out the dudes so they can work (lol) and let them back in in the evening to sleep.
And Casey is welcome in my house anytime... once he confesses his crimes and turns himself in!
Sorry Duane I can't pile on. When Casey gets his just desserts that will be fair enough........
But imagine how Ah-nuld might play the game since Casey has entered his state
Casey is NOT welcome at my home, but unfortunately, has returned to my state.
Flying Monkey -
I'm in Oakland, if there is an EN gathering in the SF Area, let me know.
Anyone in Sactown willing to play detective?
Sacramento has 161 wifi hotspots.
Casey's not welcome in New York City. ;-)
Seriously though, are these predictions of gloom and doom™ only mostly for CA, AZ, FL, and a couple other areas? I'm just not seeing it in my neck of the woods, at least yet.
I bought my co-op in May 2002 for $225K. A genuinely sweet deal, considering what was to come.
In late 2005, the "mirror image" apartment on the same floor, with the same view, sold for $365K.
Just last month, another apartment like mine sold for $395K.
I live outside of Manhattan (but in NYC proper) and I'm not seeing "for sale" signs anywhere. Mostly older folks here who have already paid off their mortgages...
Casey is welcome in my house....
as long as he sleeps in the cats'litter box.
Duane - have you told Steve about the MLM scam with his name attached???
Casey is not welcome in Michigan (even if Mocha says he is).
Casey is probably at the friends house he hid at to do the fraudcast from right after he took the blog down.
Casey's welcome in my home -- one night, $250 entrance fee, and he mows the grass. ;-)
I put Duane's comments about Prince William County and Fairfax County up at my novabubblefallout blog. His was a very interesting observation. Right now PW County has 12 months of inventory and 700 foreclosures, as opposed to about 2 months of inventory and 10 foreclosures in 2005. I don't see it getting better immediately, but we'll see if his forward-looking prognosis is correct in the coming months.
Anyone in Sactown willing to play detective?
Sorry, its too f'ing hot right now to move any more than absolutely necessary.
I do drive by the Salvation Army in north downtown Sacramento on my way home from work. I'll slow down to check if I can see a eunic with a laptop huddled among the rest of the throwaways.
I get a WordPress error message when I try to go to IAFF now. Looks like wonderboi has managed to disfigure his child again. What amazing IT skillz he has.
I just got back from lunch at BJ's in Natomas (Sacramento). I think I spotted Casey there with some girl that didn't look like his wife (not likely he'd be hanging with his wife anyway since she booted him. The dude was drinking a water and ate a mini-pizza. I didm't stick around long enough to see if he was treating and whether he was going to throw down corporate credit card.
Benoit™, I'm going to resist the urge to search ACRIS for a co-op sale outside of Manhattan during the first half of May 2002 for around $225k.
:-)
Salty Sea Dawg,
Just wanted to thank you for making that Welcome Back song run thru my head every 25 seconds. Why don't you really rub it in and come up with something for Afternoon Delight or freakin Muskrat Love, for god's sake.
Just remembering those songs makes my head hurt. I'm going to the store - the bar will be open for biz in the next sweet several hours. Win-win, allgood and letsdoit!!
Casey is... fuck it, will not play.
@robdawg
To some extent this is the ultimate revenge on the baby boomers. Taxes and insurance are crushing the lower class who overbought.
Not sure why you think that taxes and insurance crushing the lower classes who overbought are a revenge on the baby boomers. I have never heard of the lower classes having any effect, or affect, on any baby boomer anywhere. Were you referring to those days when the lower classes could get a home loan at reasonable rate, while the baby boomers were getting a loan on their third house, refinancing the summer house, eating some crabs, and reneging on their first mortgage, all the while lighting their cigars with bank notes knowing that the lower class will pay for it all, and pay for Casey, and those like Casey, through higher rates, property taxes, and the like.
KC is most definitely not welcome in my home, but OJ Simpson has a history of kindness to house guests. Maybe Florida is his next stop, there's some sweet real estate deals to be made there I believe.
KC is welcome at the upcoming SF get together though. I'll try to set something up sometime in the next week or two (I have some projects to complete, so I can't do it right away).
I'm going to resist the urge to search ACRIS for a co-op sale outside of Manhattan
I'm sure you'd get tons of results, it was a really good time to buy. I would neither confirm nor deny any purported outings anyway ;-)
IAFF is down for me. Can anyone corroborate/explain why?
It was down for me the first time too. I reloaded and it came up. Perhaps his server can't handle the traffic (which I am unfortunately contributing too, gotta stop that).
I'll save my sleuthing abiities to expose Casey Serin.
Perhaps his server can't handle the traffic
No, his traffic is nothing special today. I suspect it's just normal IAFF flakiness.
Funny. I didnt realize this was partially a find casey thread.
I don't think it was casey though. that guy looked like he may have at one time worked or lifted a weight or two.
Duane your game is lame.
G and I thought it was funny this am.. I guess you should scratch off game shoe host and comedian as two future opportunities for me... I'll admit, I have to laugh that hes surprised hes not welcome. Doses of reality finally dripping into the thick skull...
"Duane your game is lame."
btw, somewhere up the thread someone asked abotu Portland... I see it as flat.. not enough data for me to tell...
IAFF:
Error establishing a database connection
This either means that the username and password information in your wp-config.php file is incorrect or we can't contact the database server at internal-db.s18810.gridserver.com. This could mean your host's database server is down.
Are you sure you have the correct username and password?
Are you sure that you have typed the correct hostname?
Are you sure that the database server is running?
Let's hear it for those sweet IT skillz of KC's!
Awww don't rag on Duane about his game. At least he didn't suggest playing Twister with Casey.
I would love to hear Galina call in to the Fraudcast tonight. Go on girlfriend, you can do it!!! Put that murseboi in his place!
hmmm, G's even making fun of the murse....
If fliptard see's that, that shoudl strike a nerve!
I do belive Gasey's heart and soul is in that murse, dis the murse, you dis the manbagger.
Duane,
CNN Money has said that Panama City will be #1 for ROI in the next five years. What sayeth you?
I'm just glad Galina is having some fun during this horrorshow - she's earned a little fun, ya know?
Look slike his cage got rattled a little, he's mucking up his beloved child...
What did I miss? How do you guys know Galina is having fun?? I hope she is.
IAFF is down for me...go figure. While there's a lull in the action I'm going to do some serious massive focused action.....football rulez certification test coming up at the end of the month so I've got to sharpen my mad rulez skillz
Will check back closer to the FraudCast.
@Caseys Sex Life..
PC is a blip on the radar from our business perspective... what I will say is that from a personal perspective, I dont believe it.. not one IOTA. There is WAY to much blood shedding on PCB right now... WAY too much...
the panhandle will be at a discount next year... just MHO
Hey Kidz,
It's Friday and time to play our regularly scheduled 6 Degrees of Casey Serin game!
Woohoo!!!
This one should be a challenge: Casey to Mahatma Gandhi.
A bit OT, but I'm puzzled by the level of support Galina gets here.
Imho it's incredibly naive to think she was some kind of innocent victim with no hand in this. Of course we don't have all the facts and Casey hasn't blabbered too much about her role, but it's pretty clear to me (read, it's a guess that I feel pretty confident about) that she was a co-conspirator in all this. Success has 100 fathers and failure is a bastard. Casey failed. But Galina was involved in the finances so she had to have known what was going on all along.
Imho she needs a criminal defense lawyer almost as much as Casey does. For kicks, check out the elements of a conspiracy charge, try to figure out whether they fit G, and then try to explain how Casey could have done everything he's done without G agreeing to at least one of the income, occupancy, or cash back frauds. Now, to get evidence of an agreement you might need Casey's testimony, and we don't know with certainty what that would be. It may be highly unlikely that she gets a criminal record out of this, but I wouldn't say the chance is zero.
http://en.wikipedia.org/wiki/Conspiracy_(crime)
Well, IAFF.com is back up. casey has not published my comment though, and that has been many hours, and many rum and cokes ago.
I would like to take this moment to lash out at all you chaps who use pejoratives to demean Casey. Fuck you.
Holiday Inn,
I made reference to a call in another thread. I was privy to that call. I know things that Casey doesnt want me to. Things that would clear Galina. You only know (as does everyone else) G's involvement based on Caseys implications and insinuations...
remember the source... failure is a bastard... and Casey has never admitted to it... so who does he throw under the bus??
"But Galina was involved in the finances so she had to have known what was going on all along.
Imho she needs a criminal defense lawyer almost as much as Casey does. For kicks, check out the elements of a conspiracy charge, try to figure out whether they fit G, and then try to explain how Casey could have done everything he's done without G agreeing to at least one of the income, occupancy, or cash back frauds. Now, to get evidence of an agreement you might need Casey's testimony, and we don't know with certainty what that would be. It may be highly unlikely that she gets a criminal record out of this, but I wouldn't say the chance is zero"
"you might need Casey's testimony"
...and that won't be available for reasons that have been beaten to death on other threads. But at least in theory that might not be the only kind of evidence available.
PC is going to be killed by the local condo market crash. With too much inventory and heavy association fees, people are going to get out in a hurry. I think older housing will be okay, but new builds are going to suffer with the condos.
Just my two cents. I almost bought a non-tower condo but held back. I still have family in PC and they are already spotting more and more for-sale signs that gather weeds.
Moderator is on vacation so poor snowflake has to do it himself. Plus all the other "crap". Like opening mail??
HAHAHAHA!
Well, IAFF.com is back up. casey has not published my comment though, and that has been many hours, and many rum and cokes ago.
I would like to take this moment to lash out at all you chaps who use pejoratives to demean Casey. Fuck you.
Don't buy into PCB, it's a speculation that's based off the last two years sales.
I just came back from the area, and the Jax area too. Too many Northerns spilling money on condos and townhouses that are not worth more than $160K at best.
Go to Ft. Meyers and look around. There are many houses in the beach area that are for sale and aren't moving.
My friend has to go back to the air conditioning sales position; the one before the big market boom!!
Guys - the first U.S. international airport built in 20 years just broke ground in Bay County - Panama City Beach. This Redneck Riviera will explode when that is completed.
Michael, what type of price per square foot are you familure with seeing in Ft. Meyers?
I gotta buy my wife a beach house soon and have been thinking either Flor-bama or South Carolina.
On FFX County --
The county is huge, and, IMO, cannot be classified together. The western end of the county I think is in trouble and will take many years to recover. Eastern/southern FFX I think will be fine by 2011. I'm hoping it goes down some more, since I'm enjoying buying foreclosures to rent and hold, but I firmly believe that the 18000 new jobs at Ft Belvoir will help the housing market.
Duane,
You're right--we don't have all the facts, and we only know what Casey has said. The thing is, it's hard for me to picture Casey going through all this without G agreeing to at least the cash back features of the deals. But if other information comes out, and you suggest it might, then my opinion would of course change.
CNN Money on Panama City being #1
http://money.cnn.com/popups/2006/biz2/newrules_bestinvest/index.html
Some of the beach houses made of cinderblock were selling in the range of $350 - $450/sq. foot.
An these weren't big or new houses selling in the 1/2 mill range. Outrageous! Still there is a lot of houses sitting right now.
Jax Beach was the same way. Ponte Vedra would always do well since it tries to be posh anyways with TCP nearby.
PC will never have the traffic of ATL or another major international player due to the bases around it. Of course it will be a little bigger. The problem is, construction is expected to go through 2018 so you are looking at a long term hold.
I stink at links.
Let me also qualify that I have no basis other than "gut feel" for my opinions. You'd have to ask a local or a national expert for how things really are. I visit PCB about 3 times a year and everytime I pick up a paper and look for "sweetdeals" but have yet to see much worth pulling the trigger over.
1 hundred and murst biatches
-CHJTS
Winner of:
56 Firsts
73 Mursts
26 Moists
13 Liverwursts
23 1 hundred and mursts
13 2 hundred and mursts
8 3 hundred and mursts
4 4 hundred and mursts
2 5 hundred and mursts
1 seventy murst
Holiday Inn,
It wouldn't be hard for Casey to hide the cashback. I remember he once bragged that G told him how good he was at pulling money out of nowhere (his butt or something?). He never told her he was "broke as a joke" when they were dating.
It's not hard to believe he'd lie to her about all the money. Even if he did admit to it, he could argue that it was going to be used for repairs. Problem then becomes all the debt they were running up on cards and revolving loans. She sees this and asks him when the homes are going to sell. Most likely he keeps telling her "trust me."
When the desperation started to hit and the debts kept rising, he most likely used the cash back for repairs (yep, uh huh) to float more loans. She may have been aware, may not have been. To be fair to her, it could explain why he used a PO Box. He could hold the key and hide the mail from her.
All this IS speculation, but not too off from people I've known who have had problems with gambling and debts.
SouthernBread-
I agree with you - the market in PCB is soft. But "supposedly" with this airport, rags to riches for everyone!
Duane,
I asked Dawg about this, but he has not responded.Perhaps you can answer.
I cannot find online any case for LMP vs. Fliptard. Can you please provide this.
Also, why haven't Flitpard's family filed charges against him? It is obvious he has committed fraud against his mother, and possibly others. Galina certainly has causable actions, once she files for divorce. At a minimum, she should be seeking an attorney and claiming "innocent spousal relief.
CHJTS,
Who owns the sole six hundred and murst?
PCB is gambling on the rich Northerners to flop down their money in their area. The locals can't afford it, and really the place is not that nice.
Notice the article says "The real estate slump could get worse before it gets better. Business 2.0 Magazine, in its November 2006 issue, identifies 10 markets that offer great opportunities for those who have the patience to buy and hold."
Things have changed a lot since Nov. 2006!
When you speak of the St. Joe Company, they are trying to build up San Marco in Jax where only a few have money!! The expense of moving to the area is just too much for the regular buyer anyways. The average yearly income per household can't be more than $60K, so how is the place suppose to support this new expensive building?
Its up! Its down! Its up! Its down!
Casey's site gets more up and down action than his sex life!
the market in PCB is soft. But "supposedly" with this airport, rags to riches for everyone!
You mean like what the new university did for Modesto, CA?
@ Bubba Brigham and others about the MLM thing:
I remember seeing comments somewhere on IAFF that linked up to that freedom.ws site, touting it as some kind of a "sweet deal." I've been trying to look up past pages, since I saw the link fairly recently, but it seems like there are some hosting problems-- I can't get into comment threads.
Seems like Fliptard took the bait...
There are no universities new or otherwise in Modesto.
You have your cities mixed up, maybe you mean Merced.
You mean like what the new university did for Modesto, CA?
Eh, give UC Merced another chance. Good things are coming!
ROb,
that would be me..I wasnt done embeleshing..errr I mean saying my side of the story yet...I have updated below per your request:
-CHJTS
Winner of:
56 Firsts
73 Mursts
26 Moists
22 Foists
13 Liverwursts
23 1 hundred and mursts
13 2 hundred and mursts
8 3 hundred and mursts
4 4 hundred and mursts
2 5 hundred and mursts
5 6 hundred and mursts
2 7 hundred and mursts
1 seventy murst
Well let's spin that a little bit. With more boomers retiring, there is a chance that they will continue to flock to Florida. Traditionally, they go to So-Flo or Mid-Flo.
So maybe a combo of boomers and the airport might create an increase in demand.
One of the problems with this all, is Flor-Bama has a black eye for being much like Fontana/Fontucky. A lot of hillbillies and of course the party destination for most of the SouthEast. PCB is not a place to be at (all hell who am I kidding?) to be at during Spring breaks and summer time. At least not for an older retiree.
@CHJTS
Don't you mean:
2 - 4 hundred and mursts
7 - 5 hundred and mursts
5 - 6 hundred and mursts
9 - 7 hundred and mursts
?
I must go do some massive focused action with my couch before the fraudcast..see you all later.
Waterfront property will always be valuable, as long as it is NOT a condo. And yes, I believe this area has a ways to go before the guy in the cinderblock house 7 blocks from the beach sells for 400k. Maybe sevral centuries.
Thanks Murses for reminding me. Saw two turtles trying to get it on in my yard this morning. I laughed my ass off till I realized that at least they were gettin some. And this wasn't actually "my' yard. At least my micro penis certificate and statuette are safe in my murse.
It is utterly pathetic how much I am looking forward to tonights Fraudcast...
Dammit! Casey is pissing me off with his Mad Skillz. He keeps breaking IAFF.
Well, at least we know he still has a lot of time on his hands.
I cannot find online any case for LMP vs. Fliptard. Can you please provide this.
The court system is notoriously slow. This info will most likely be posted soon.
So I went shopping the other day and, despite being a woman, I think I bought a murse... It looks ok and everything, but it could be for metrosexuals.
Are there rules on murses? Can only men carry them? I don't have a PDA in mine... but at least all my credit cards are good. :)
Casey is letting the IAFF site go down for good reason - LMP will take it down anyways.
We have to remember, he's betting we all have an appetite for www.bigjuicydeals.com!!
HAHAHA!!
Michael,
Please refrain from talking about anything big and juicy. It makes Caseyssexlife jealous.
Thanks!
HolidayInn -
Used to have the same opinion - she had to be involved (or she was INCREDIBLY naive). Recent actions by CS have led me to question this.
Duane has far more data than I and has established quite a bit of credibility over the last few weeks - if he says she is not involved... well, I have to give that a lot of credence.
Would prefer more data, but absent that I am willing to give her the benefit of the doubt based on CS's actions and Duane's word.
In any event, she has a world of trouble down the road - CA is a community property state. She is on the hook for all of the debts as well. Just another lovely mess the little boy has left her.
Murses,
Logic states that if a woman carries a murse, it must then be classified as a wurse. And yes, a PDA must be carried in said wurse at ALL times. And at least 15 credit cards - 10 of which MUST be maxxed out. A passport, fake beard and wig could also be considered mandatory (at least in my case)
I bet Galina will never look at a murse the same way again.
Damn!
At 2:20 PM, Wry Baby said...
There are no universities new or otherwise in Modesto.
You have your cities mixed up, maybe you mean Merced.
Yes, sheepishly, of course I meant Merced. Ruined the whole joke. Casey had a fraud in Modesto but Merced is getting absolutely crushed in this downturn. Some of the largest housing price looses (loses) in the nation
Caseys Sex Life,
A wurse, I can live with. However I'm going to have to work on wrecking my credit... maybe someone knows of some penny stocks or sweet dealz I can invest in?
Salty Sea Dawg,
Now it's sheep!!!!! What is the obsession with identifying yourself with animals?? :)
@Elizabeth: I remember seeing comments somewhere on IAFF that linked up to that freedom.ws site, touting it as some kind of a "sweet deal."
I can't find anything with Google search over IAFF -- and it's not *that* recent, the craigslist posts are dated June 5th, so if Casey got the idea from an IAFF comment it'd need to be dated earlier than that.
There was a comment pointing at mypowermall.com on the Yaro Starak post (Google cache, and search in page for "financial freedom") -- it postdates the Steve postings, and it's not the same scam, but it does have the same sort of smell.
Murses,
I know this site called IAFF - there is a guy there named Casey Serin that could take your money and quadruple it in less than 24 hours! He is the master of real estate investing, gold speculation, book publishing and world travel. Go for it!
To have and to hold,
From this day forward,
For better, for wurse,
For richer, for poorer,
In sickness and in health,
To love and to cherish,
'Till fraud do us part."
At 2:38 PM, Caseys Sex Life said...
Salty Sea Dawg,
Now it's sheep!!!!! What is the obsession with identifying yourself with animals?? :)
I played rugby in college. 'Nuff said?
Oh, and sheep lie.
I know this may seem like a dumb question but can we anticipate any fireworks at this fraudcast?
Confuscious say:
Salty Sea Dawg speak over head. Does sheep really tell truth and Dawg does not believe? Or does sheep lie to throw Dawg off? Is Rob Dawg really Dr. Doolittle and talk to animals? Tell me young Rob Grasshopper!
Dammit,
I missed the letter from Steve Serin and his adventure in money making!!
Does anyone have a good link?
check my 11:12 AM post, I cut & pasted a copy.
Michael,
Go up to 11:18 - the link is there. I would copy, but my mad IT skillz have seem to be misplaced.
Casey's Sex Life & Sheep in the same comment? Next he'll be talking Llamas & Stepladders.
Regarding the webpage building, MLM, Steve Serin thing.
My guess is that it is:
- Casey pulling another scam, which doesn't make sense since fliptard hasn't been in the webpage building biz in a couple of years.
- Someone else posing as fliptard and setting up fake pages. So it's a troll.
- Someone trying to discredit Steve Serin.
lawnmower: Guess I must be on crack-- I thought the color scheme looked familiar, and that PowerMall looked exactly the same as this freedom.ws-mess. I looked again, and nope...
Maybe it's that the aura of creepiness is exactly the same between the two scams-- oops-- MLM "opportunities."
I just read the MLM scheme Casey was pulling just last month.
That boi has the scamming blood in him forever!!
"http://www.gumtree.com/london/45/10417345.html"
What am i doing wrong??? Why can't i linky? I even read the freakin directions! Damn I suck at everything. In the last few posts I read the words big, juicy and sheep - might be time for me to go to a nice dark corner for a while - I feel a strange stirring.
@ ratlab:
I was looking at this a little bit closer, and the company behind this MLM thing is called Global Domains. They don't do hosting-- they serve as a domain name registry service, and give "affiliates" a chunk of domain name sales, supposedly:
http://www.daniweb.com/forums/thread15557.html
The idea is that everyone who has supposedly missed out on the whole ".com" top level domain can now cash into the ".ws" domain, the top level country domain for Samoa. <--warning, there's a "Serin" cookie in this link. This stinks of Marty's influence, and is right up Fliptard's alley. So if you wanted to be mistaken for Intel, you might buy "intel.ws" from these people. It's one of those "too little too late" things.
@ Seb and Agent #777,
Yes, We shall have Haterz beer in Orlando. We should get together in 2 weeks so it can be posted here on En, in order to grow the Party. The more the merrier the schneudenfraud.
And, since I work a loozer W2 job, Friday or Saturday night would be better.
We could meet Downtown at the quaint Citrus Restaurant on North Orange(not The Citrus Club), so we can talk and commensurate for Casey.
Tee Hee
Second choice, Altamonte Springs at Seasons 52.
Let's do it!
Any Haterz living in Stockton...we can start our own Casey Haterz Support group, talk about our addition and drink alcohol.
Or we can just enjoy our addition to alcohol and drink!!!
"addition" to alcohol....See I'm already drunk!!
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