tag:blogger.com,1999:blog-7514357.post1765302770676212197..comments2024-02-25T08:16:25.546-08:00Comments on Exurban Nation: Greg Swann Needs Our HelpRob Dawghttp://www.blogger.com/profile/10042154106850545479noreply@blogger.comBlogger41125tag:blogger.com,1999:blog-7514357.post-82337015897523523922017-11-18T17:43:17.099-08:002017-11-18T17:43:17.099-08:00You were right about the mall job, but sadly it co...You were right about the mall job, but sadly it couldnt last. someone else will have to drive the kiddie train.tlceaglehttps://www.blogger.com/profile/01595875013193061996noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-38848518700155395332007-10-21T21:17:00.000-07:002007-10-21T21:17:00.000-07:00Lou:"The FBI & the IRS seem to be cracking down in...Lou:<BR/><BR/>"The FBI & the IRS seem to be cracking down in Sacramento."<BR/><BR/> Which is why Caset is holed up in a garden shed in Phoenix...<BR/><BR/>"You'll NEVER take me ali...oooooh, SHINY!"Bilgemanhttps://www.blogger.com/profile/04424710821740705733noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-90875102891522195472007-10-20T14:20:00.000-07:002007-10-20T14:20:00.000-07:00It is two special agents, one with the FBI and one...<I>It is two special agents, one with the FBI and one with the IRS.</I><BR/>Win-win?Arthur Wankspittlehttps://www.blogger.com/profile/04295165908114975618noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-67538800929177196862007-10-20T09:57:00.000-07:002007-10-20T09:57:00.000-07:00PAY ATTENTION, CASEY. This was posted yesterday by...PAY ATTENTION, CASEY. This was posted yesterday by a commenter on the BB:<BR/><BR/>----<BR/>The FBI & the IRS seem to be cracking down in Sacramento. A guy I work with rents a house in Elk Grove from an acquaintance. We often speculated on how his landlord bought 3 new homes all in one month last year. Well, on Saturday morning the co-worker gets a knock on the door. It is two special agents, one with the FBI and one with the IRS. They wanted to know about his relationship with the property owner (lease to own, below market rent, blood relative, etc). The relationship is arms length, so the agents leave after about 45 minutes.<BR/><BR/>The co-worker tried to call his landlord multiple times, but never got an answer. He went to his house Tuesday night and the landlord was acting like a deer caught in the headlights. It turns out the landlord bought the $485,000 house using 100% financing from New Century. He got $125,000 cash back, by using this shady mortgage broker to obtain a $630,000 loan. It turns out proceeds from mortgage fraud are taxable as ordinary income in the year you receive it. Plus, interest paid on illegal proceeds is not a deductible expense. This guy bought 3 houses this way (thank you First Franklin & WAMU). He will owe income tax on over $310,000 of income for 2006, plus interest, penalties and disallowed mortgage interest deductions. Plus, he will be tossed into the AMT bracket which will really goose his regular income, since it will disallow $100,000 of deductions he claims from the equipment leased to his business.<BR/><BR/>The market value of the houses has dropped to under $400,000 each and his other real fear is if he walks from the loans, he will get another tax bill, this time for mortgage debt forgiveness, in 2008. Yet he can not hold on to the homes after the sub prime rates reset in March and April of 2008.<BR/><BR/>Add to this the fact the FBI will be booking him for multiple felonies. It is a very wild predicament. He is ready to deal and turn states evidence to stay out of prison. It is likely he will serve some serious time either way. My coworker was wondering if he could buy the guy’s Porsche, but it is leased!<BR/><BR/>Cheating creates a lot of unintended consequences….Lou Minattihttps://www.blogger.com/profile/16096986232572086745noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-88373896987375471302007-10-20T08:41:00.000-07:002007-10-20T08:41:00.000-07:00A week ago I sold my CFC puts at break-even, think...A week ago I sold my CFC puts at break-even, thinking a bottom was in. Yesterdays drop at options-ex shows that I left a $8,200 profit on the table.<BR/><BR/>OUCH!!<BR/><BR/>At the current price, going long CFC is a simple bet on its existence a year from now.Funny Circus Bearshttps://www.blogger.com/profile/08020349317910148048noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-18743912208705743682007-10-20T08:34:00.000-07:002007-10-20T08:34:00.000-07:00PS.I Love the mad focus energy threads, the politi...<I>PS.I Love the mad focus energy threads, the political editorials peppered with cute animal pics and first person stories at your sight.</I><BR/><BR/>Aw, gee. ::blush::Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-49472619098211634982007-10-20T08:29:00.000-07:002007-10-20T08:29:00.000-07:00Thank you Edgar.All in good fun.PS.I Love the mad ...Thank you Edgar.<BR/>All in good fun.<BR/>PS.I Love the mad focus energy threads, the political editorials peppered with cute animal pics and first person stories at your sight.FlyingMonkeyWarriorhttps://www.blogger.com/profile/01770643973751363527noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-6251522150228391202007-10-20T07:59:00.000-07:002007-10-20T07:59:00.000-07:00That puffed up maggot is just a bunch of hot air. ...That puffed up maggot is just a bunch of hot air. He did help fmw come up with a cool nic though. That is his one contribution to society and blogging in general, IMO.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-20707672288071871192007-10-20T07:56:00.000-07:002007-10-20T07:56:00.000-07:00I reckon he works 2 jobs now. One loozer W2 job at...<I>I reckon he works 2 jobs now. One loozer W2 job at the mall that his wife made him get, (he needs the money for defense lawyers too, maybe) and the second job is the one he does on spec, which means 'for free' in this RE market.</I><BR/>Anyone in Phoenix needs to keep hold of that picture so that they can recognise him when they get served by him at the WalMart or McD.<BR/>A picture of him at his W2 looser job would be "sweet".Arthur Wankspittlehttps://www.blogger.com/profile/04295165908114975618noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-86439822685552705532007-10-20T07:55:00.000-07:002007-10-20T07:55:00.000-07:00Clearly, Alpha Dawg.Clearly, Alpha Dawg.FlyingMonkeyWarriorhttps://www.blogger.com/profile/01770643973751363527noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-27494174181088449862007-10-20T07:38:00.000-07:002007-10-20T07:38:00.000-07:00$2 million? At 3% (high) that implies selling $70...$2 million? At 3% (high) that implies selling $70m in real estate (a house a day). Clearly he isn't making any of that in asset appreciation either.Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-33413558221333266272007-10-20T07:18:00.000-07:002007-10-20T07:18:00.000-07:00I have left scathing comments over @ BHB before. I...I have left scathing comments over @ BHB before. It is pointless. He considers himself to be a god among mere mortals when it comes to the written word, but he can't even hold his own in a decent flame war without resorting to deleting responses.<BR/>_______________________<BR/>true dat, Edgar,<BR/>or<BR/>He just makes up lies about the poster then publishes their private <BR/>e-mail address after promising, in writing that it is held in confidence by his blog, in my experience with the "evil Dog" bloodhound.<BR/><BR/>Why is he staying up late at night?<BR/>I reckon he works 2 jobs now. One loozer W2 job at the mall that his wife made him get, (he needs the money for defense lawyers too, maybe) and the second job is the one he does on spec, which means 'for free' in this RE market.<BR/><BR/>HE SEZ HE WILL EARN TWO MILLION THIS YEAR! <BR/>HEHHAHHAHAHAHHEHEHEHAHAHAHAHHEHEHEHEHE<BR/><BR/>OH, I should not laugh, maybe, since I am playing 'lets pretend', that is how much in the housing toilet is debt is.<BR/><BR/>I CAN NOT HELP MYSELF, HEHHAHHAHAHAHHEHEHEHAHAHAHAHHEHEHEHEHE<BR/><BR/>Thank you for my handle anyway, Greg Black Swan Dive, looks like you were a one hit wonder in 05 and 06. Good luck with that.<BR/><BR/>peace out.FlyingMonkeyWarriorhttps://www.blogger.com/profile/01770643973751363527noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-88635401603624971102007-10-20T06:57:00.000-07:002007-10-20T06:57:00.000-07:00Arthur Wankspittle: Gee, except for #6, all of th...Arthur Wankspittle:<BR/><BR/> Gee, except for #6, all of those items he cites could be touted for Detroit.Bilgemanhttps://www.blogger.com/profile/04424710821740705733noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-11195813978394820802007-10-20T06:43:00.000-07:002007-10-20T06:43:00.000-07:00http://www.foreclosureradar.com/Check California f...http://www.foreclosureradar.com/<BR/><BR/>Check California for foreclosures in your area for free.<BR/><BR/>When we moved from the Lake Balboa area of Van Nuys in Jan., there were few if any foreclosures. Now there are lots of them. Yikes.polizeroshttps://www.blogger.com/profile/06644218825187546607noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-16424941995136783062007-10-20T04:03:00.000-07:002007-10-20T04:03:00.000-07:00akubi sed:Fuck the gym.How about a nice walk after...akubi sed:<BR/><BR/><I>Fuck the gym.</I><BR/><BR/>How about a nice walk after that three burrito dinner? Something, come on, work with me here. About the chin, he has two, not zero. I can see how you'd get confused though, #1 is hiding inside #2.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-86974929947414052322007-10-20T01:17:00.000-07:002007-10-20T01:17:00.000-07:00I had heard of this guy previously but wasn't awar...I had heard of this guy previously but wasn't aware how strong the tinting was on his rose spectacles.<BR/>Just to hit a handful of his 21 points:<BR/>6 Baby Boomers will retire in droves to warmer climes — the Atlantic coast, the Gulf states and the Southwest. <BR/>That'll be why the market in Florida is so stable then.<BR/>7 Among those locales, Phoenix is by far the least prone to natural disasters.<BR/>And your point is? Either #6 is correct and the baby boomers are retiring to several places or they are not. (Maybe it's a grey area?)<BR/>9 There is a steady migration of new residents from Spanish- and Portuguese-speaking countries south of the border.<BR/>I don't like having to tell Americans that they don't get out of their country enough, but name another Portugese speaking country "south of the border" other than Brazil. Or was that just poor grammar on your behalf?<BR/>10 Phoenix is a destination of choice or the second-landing city for immigrants from all over the world.<BR/>You have statistics to back that up or is it just wishful thinking? It might be true for AZ but I doubt it for the US. Or is that just "local" thinking? Does that figure include illegals?<BR/>13 People who have or hope to have children move here as soon as they can manage it.<BR/>I don't think you realise how stupid that sounds.<BR/>20 A significant number of active and retired professional athletes maintain homes here,...<BR/>So, despite the other 20 points they don't actually want to LIVE there, I wonder why?Arthur Wankspittlehttps://www.blogger.com/profile/04295165908114975618noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-61015270225118322242007-10-20T00:57:00.000-07:002007-10-20T00:57:00.000-07:00This guy's whole business is based on how much lip...This guy's whole business is based on how much lipstick he can apply to the Phoenix housing pig. No incentive for truth. No fiduciary responsibility to his clients. The flow of bull pukey is quite impressive. Oh... and gotta love the projection that ahem... we are the ones who can't admit a mistake? Um, dude, have you been reading the papers?!?Debbiehttps://www.blogger.com/profile/06309712607740704777noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-89469348839857372842007-10-19T23:40:00.000-07:002007-10-19T23:40:00.000-07:00Man, any pseudo intellect that uses words like "su...Man, any pseudo intellect that uses words like "surfeit" and "conflating" is more than likely compensating for<BR/>1) His lack of a chin<BR/>2) His lack of a REAL job (no offense Sac RE Agent, there are exceptions:-))<BR/>3) The fact that he was picked on numerous times as a child (does he look like a jock to you?)<BR/>4) The fact that after using up all his thesaurus looked up words...he is well..slightly above moron in intelligence.<BR/><BR/>Bottom line..he's a dick.Legionhttps://www.blogger.com/profile/02121259763080959793noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-58360757575411193972007-10-19T21:44:00.000-07:002007-10-19T21:44:00.000-07:00@lost causePersonally, I prefer Slowdive over Swan...@lost cause<BR/>Personally, I prefer Slowdive over Swan Dive. Diving and scaling and walking and such is good though.<BR/>Fuck the gym.Akubihttps://www.blogger.com/profile/05214321836465499032noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-77985781244753062512007-10-19T21:35:00.000-07:002007-10-19T21:35:00.000-07:00On the other hand, he will forever be famous for t...On the other hand, he will forever be famous for the Swann Dive.Lost Causehttps://www.blogger.com/profile/18396272153746076615noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-72245550144803506012007-10-19T20:14:00.000-07:002007-10-19T20:14:00.000-07:00Photoshop is much cheaper and faster than the gym....Photoshop is much cheaper and faster than the gym. A little color balance here, a few dabs with the "healing" tool there, maybe some insta-slim (aka pixel aspect ratio change) and voila, a new you overnight.Pleather Mursehttps://www.blogger.com/profile/12128585033868187384noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-83989652910050333702007-10-19T19:59:00.000-07:002007-10-19T19:59:00.000-07:00@Edgar,I'd say it is far more likely to be Oxycont...<I>@Edgar,<BR/>I'd say it is far more likely to be Oxycontin than antidepressants.</I><BR/><BR/>He needs to lay off the nachos and hit the gym.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-42387277829518416332007-10-19T19:50:00.000-07:002007-10-19T19:50:00.000-07:00I tuned Gregg Swann out a year ago. Why bother. ...I tuned Gregg Swann out a year ago. Why bother. He is clearly out to lunch (not in a groovy W.S. Burroughs Naked Lunch kind of way) and certainly does not deserve fishnets (what would Luba, Anya, etc. wear?) and sushi, but an avocado in the right place might be acceptable. Just not my concern. His demise has been thoroughly predictable and less entertaining than Casey's.<BR/>@Edgar,<BR/>I'd say it is far more likely to be Oxycontin than antidepressants.Akubihttps://www.blogger.com/profile/05214321836465499032noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-80661700600224339252007-10-19T19:47:00.000-07:002007-10-19T19:47:00.000-07:00My deepest darkest hope is that he isn't the hypoc...My deepest darkest hope is that he isn't the hypocrite he appears to be. I kope he drank his own hool-aid. Just the Westpointe deal alone last June would have him at least $30k underwater just to get out now. <BR/><BR/>Problem is we know Greg tells stories even he doesn't believe. It is all about him getting other people to do what is best for him.Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-63879104266940056392007-10-19T19:41:00.000-07:002007-10-19T19:41:00.000-07:00Lost Cause October 19th, 2007 7:37 pm Your comment...<I>Lost Cause October 19th, 2007 7:37 pm <BR/>Your comment is awaiting moderation.<BR/><BR/>How do you sleep? My question exactly. </I>Lost Causehttps://www.blogger.com/profile/18396272153746076615noreply@blogger.com