tag:blogger.com,1999:blog-7514357.post7704223777710196821..comments2024-02-25T08:16:25.546-08:00Comments on Exurban Nation: Casey Stuff!Rob Dawghttp://www.blogger.com/profile/10042154106850545479noreply@blogger.comBlogger95125tag:blogger.com,1999:blog-7514357.post-87838834961831551052007-06-04T17:17:00.000-07:002007-06-04T17:17:00.000-07:00Hey Ratlab, no chance that the absence of the VDub...Hey Ratlab, no chance that the absence of the VDubs is because KC took it to his new W-2 job, is there? <BR/><BR/><BR/>BWAHAHAHAHAHAHAHA!!!! *wipes tear from eye* I could barely type that w/a straight face!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-77850247581815587422007-06-04T13:24:00.000-07:002007-06-04T13:24:00.000-07:00I've been reflecting the absurdities we've invente...I've been reflecting the absurdities we've invented around this whole Casey saga. Absurdities like:<BR/><BR/>Murst.<BR/>Snowflake<BR/>Fliptard<BR/>Dirty Jeeps & Steel Toed Boots<BR/>The ™ on everything.<BR/>6 Degrees to Casey<BR/>Moist<BR/>Duck Dong<BR/>...<BR/><BR/>Any others that pop into your mind?Miranda Mayerhttps://www.blogger.com/profile/16576310184990799688noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-10648034250440601502007-06-04T12:39:00.000-07:002007-06-04T12:39:00.000-07:00Down at the Jamba Juice at 5th and main.Join me???...Down at the Jamba Juice at 5th and main.<BR/><BR/>Join me???Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-47615654160575277222007-06-04T09:59:00.000-07:002007-06-04T09:59:00.000-07:00Just added more stuff to the Caseypedia.I added te...Just added more stuff to the Caseypedia.<BR/><BR/>I added terms to the Caseypedia and Casey Activities.Dolphhttps://www.blogger.com/profile/12885567198838062574noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-42537521106380541632007-06-04T09:43:00.000-07:002007-06-04T09:43:00.000-07:00^Click my name and complete the little Haterz™ pol...^Click my name and complete the little Haterz™ polls I put there.<BR/><BR/>Thanks Haterz™.Miranda Mayerhttps://www.blogger.com/profile/16576310184990799688noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-40629571107820381982007-06-04T09:17:00.000-07:002007-06-04T09:17:00.000-07:00interesting article ..http://flipthyhouse.com/2007...interesting article ..<BR/><BR/>http://flipthyhouse.com/2007/06/03/thoughts-on-casey-serin-and-iamfacingforeclosurecom/<BR/><BR/>Thoughts on Casey Serin and Iamfacingforeclosure.com<BR/>June 3, 2007 | <BR/><BR/>Had a comment recently about the whole Casey Serin/Iamfacingforeclosure.com fiasco, which I have to admit I’ve been checking out daily for awhile now. Anyone reading this is likely familiar with the situation but here’s the short version:<BR/><BR/>24 year old “investor” in California drops tens of thousands of dollars on “guru” REI seminars, and proceeds to quickly buy seven or eight properties (some sight unseen) in multiple states, all despite the fact that he had no savings and was making something like $50K a year from his day job. How’d he pull that off? He flat out lied on mortgage applications, inflating his income and claiming that he was going to occupy each and every property. More importantly to his house of cards, he was illegally taking cash back under the table on each deal, secretly agreeing to inflate the purchase price so that he’d have the capital necessary to keep the whole thing afloat, as far as making mortgage payments and repairs. His “plan” was to flip the properties for a profit, so that when his illegal cash back stash ran out, he’d have profits from the sale of the first few properties to keep the whole scheme chugging along, allowing him to buy more properties, get more cash back, etc.<BR/><BR/>Surprise surprise, none of that worked out, as he managed to buy in at the absolute top of the real estate boom in California, almost always at inflated prices to get his cash back under the table. Exacerbating the situation was the fact that he quit his job and had no income at all, and proceeded to max out credit cards and any and all credit available to him, including bogus business lines of credit he established, his wife’s credit, loans from friends, and even credit from sharks such as CashCall. All of which he eventually defaulted on. He managed to arrange a short sale and a wrap for a property or two, but the majority of the properties he bought went to foreclosure.<BR/><BR/>His site (which is offline now, due to his wife finally putting her foot down and demanding he got a job or else) was pretty soap-operatic, as he basically gave up on salvaging his properties and was trolling for attention, intentionally baiting readers who kept getting upset at his steadfast refusal to get a job, and his assurance that he had lots of “sweet deals” in the works and that this was just a bump in the road, as far as his ultimate success at real estate investing.<BR/><BR/>I honestly thought for a long time that it was all a scam, designed to drive traffic to his site/blog, which he’d then monetize and make lots of cash from. It just seemed far too intentional, as far as his ability to screw up at every step, and infuriate readers, as he managed to epitomize all that’s wrong with the get-rich-quick-lie-if-necessary-but-never-ever-do-a-lick-of-honest-work mentality. But he turned out to be a miserable failure at even making money off his gobs of traffic, and, ironically, only figuring out how to make some cash from it shortly before his wife demanded he shut it down.<BR/><BR/>Pretty much until the bitter end, he claimed he was a victim of bad timing, more than anything, and that nothing he did was wrong, and that it was the fault of the mortgage lending industry that he was given all that money to fuel his buying spree, and that his cash-back deals under the table were something that everyone was doing, yada yada yada. He claimed those shenanigans were just temporary and necessary to get his foot in the door, after which point he’d be a model, upright real estate investor.<BR/><BR/>I think the only real lesson to be drawn from his whole sordid saga (as far as other investors viewing it from afar), is that if you’re lazy and looking to get rich without doing any work, you’re 99.5% likely to fail. That’s really it. Could a “smart” investor use cash-back deals under the table and mortgage fraud to spin up a real estate empire out of nothing, with no money-down and no savings? Well, sure, in theory, but it’s a self-fulfilling prophecy for most people who go down that road. They fail because they’re failures, due to a lack of work ethic and a propensity for greed much larger than their legal, available means.<BR/><BR/>Casey’s failure had nothing to do with real estate. It had everything to do with the fact that he was lazy. Even if he’d bought at a better time and been able to flip some of his properties for a profit, he’d have just kept pursuing cash-back deals, or gotten sucked into some other boondoggle that promised him an even greater payoff, with no work whatsoever required of him, other than cashing checks from his sweet deals.<BR/><BR/>Moral of the story? If you want anyting in life, you can’t be lazy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-11364966617704056392007-06-04T09:10:00.000-07:002007-06-04T09:10:00.000-07:00Hi-fives Libertarian R-BoyHi-fives Libertarian R-BoyMiranda Mayerhttps://www.blogger.com/profile/16576310184990799688noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-29777626466068641122007-06-04T09:09:00.000-07:002007-06-04T09:09:00.000-07:00What really makes me laugh is that Mocha came on w...What really makes me laugh is that Mocha came on with this oh-so-original view that Casey should get off the internet; <BR/><BR/>Isn't that what M-Singh pretty much 'implied' so 'subtly' when he popped a vein yelling at Casey? (BTW, I rewound that part when he escalated from clipped words into blind rage like nine times, laughing all the while).<BR/><BR/>LOL. ::sigh:: God I love you guys. <BR/><BR/>@CHJTS<BR/>I love long-beach. I stay @ breakers sometimes 'cause we can bring the dogs. I like it off season tho. No freaks; and we can Jeep around in the sand.<BR/><BR/>I will put a poll on my site to see when's best for everyone.Miranda Mayerhttps://www.blogger.com/profile/16576310184990799688noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-88780842036528070872007-06-04T08:30:00.000-07:002007-06-04T08:30:00.000-07:00Oh, and re: the credit piggybacking... I can't ima...Oh, and re: the credit piggybacking... I can't imagine that would help him much. When you've got, what, six foreclosures on your record, not too mention credit cards in default, lenders are likely to be very suspicious of anything more than a 400. I'm not even sure if piggybacking credit would help him at all at that point. He'd have to shell out thousands if it would help at all. Then the best he might be able to do is get credit cards, but only if they base their immediate decisions only on FICO scores.<BR/><BR/>I honestly hope that no one ever lends Serin money again. Unfortunately, I believe that he will borrow again in the future and he will lose every dirty penny again in the future. If he's lucky, G won't be around and he'll be able to blog about it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-17648140708665363032007-06-04T08:26:00.000-07:002007-06-04T08:26:00.000-07:00That article Milton's Ghost posted was interesting...That article Milton's Ghost posted was interesting. The kid obviously needs to be locked up, for his own and other's good. But I can't help but thinking: At least he lived the high life while he was on the con. I mean, what did snowflake do? He went to Hawaii, drank lots of wheatgrass and ate at Macaroni Grill. Big freakin' deal.<BR/><BR/>Note: I'm not condoning what he did in any way. He's a criminal, just like Casey. I'm just saying, at least he got something out of it... If the kid could leave his criminal ways, he might be fit to be a high powered executive. Shoot, what am I talking about? I'm sure there are a few companies who'd pay the kid millions right now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-51942636933830411412007-06-04T07:28:00.000-07:002007-06-04T07:28:00.000-07:00Thanks, R-Boy! Now you ruined the whole thing for ...Thanks, R-Boy! Now you ruined the whole thing for those of us who have not listened. Knowing the ending will make getting through the unbearable MOCHA parts torture!<BR/><BR/>/ teasing<BR/><BR/>Actually the MOCHA part is still true though...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-38503940216236679002007-06-04T07:18:00.000-07:002007-06-04T07:18:00.000-07:00I just got around to listening to the last podcas...I just got around to listening to the last podcast.<BR/><BR/>I got the distinct impression that at the end, Casey's spirit had died, and that when he hung up, a tear came down.<BR/><BR/>He needed that.R-Boyhttps://www.blogger.com/profile/10345932760522001935noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-67488986560704466142007-06-04T07:14:00.000-07:002007-06-04T07:14:00.000-07:00GENTLEMEN,"Milton's Ghost" gave the link to an ama...GENTLEMEN,<BR/><BR/>"Milton's Ghost" gave the link to an amazing article. And to think that three years ago, this young man was on the cover of "Highlights Magazine" and profiled in its review of "13 entrepreneurs under 13."<BR/><BR/>I remain,<BR/><BR/>M. SINGHM. SINGHhttps://www.blogger.com/profile/07184031555139573854noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-61661142568261103902007-06-04T07:00:00.000-07:002007-06-04T07:00:00.000-07:00Casey needs a role model; somebody he can look up ...Casey needs a role model; somebody he can look up to ...<BR/><BR/><A HREF="http://www.news.com.au/story/0,23599,21674051-2,00.html" REL="nofollow"><BR/>13-year-old conman wore pricey suits, hired escorts</A><BR/><BR/>...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-6233862922303322802007-06-04T05:48:00.000-07:002007-06-04T05:48:00.000-07:00Ron's a libertarian.One day, we'll take over.Hey R...Ron's a libertarian.<BR/><BR/>One day, we'll take over.<BR/><BR/>Hey Rob! I hope you use what I sent you yesterday...full of HOMEY goodnessR-Boyhttps://www.blogger.com/profile/10345932760522001935noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-72292203176771517892007-06-04T05:41:00.000-07:002007-06-04T05:41:00.000-07:00flailing-ron paul is a republican, I wouldn't comp...flailing-<BR/><BR/>ron paul is a republican, I wouldn't compare him to any of the Republican bozos.Danhttps://www.blogger.com/profile/08744424279519965869noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-23401611460174216502007-06-04T05:13:00.000-07:002007-06-04T05:13:00.000-07:00r-boy,We anxiously await the Homey e-mail. :)r-boy,<BR/><BR/>We anxiously await the Homey e-mail. :)segfaulthttps://www.blogger.com/profile/14824952920552637135noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-45410159805140832472007-06-04T05:10:00.000-07:002007-06-04T05:10:00.000-07:00Flailing,Ron Paul's a good guy. I don't agree wit...Flailing,<BR/><BR/>Ron Paul's a good guy. I don't agree with everything he says, but good lord, he watches out for our tax money and was adamantly against the war from the start.<BR/><BR/>I'm hoping though, Bloomberg makes a stand at being an indenpendent.R-Boyhttps://www.blogger.com/profile/10345932760522001935noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-769605147984992132007-06-04T05:04:00.000-07:002007-06-04T05:04:00.000-07:00"Yes, that's a problem, we need to address it and ...<I>"Yes, that's a problem, we need to address it and come up with a solution"</I><BR/><BR/>AHH, the precursor to the John Kerry "I have a plan" school of political thinking.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-46228135277597009732007-06-04T05:00:00.000-07:002007-06-04T05:00:00.000-07:00憎恨Serin已成為部落客之間的某種新運動,他們競相貼出惡毒的批評文章。網路上至少有四個以憎恨他為主...憎恨Serin已成為部落客之間的某種新運動,他們競相貼出惡毒的批評文章。網路上至少有四個以憎恨他為主題的網站,許多人則嘲笑他花數萬美元學費上房地產課程、借貸220萬美元購屋,最後以慘賠破產作收。(資產賠售出清後,Serin估計他還欠銀行10萬至25萬美元。)<BR/><BR/>網路上甚至還有嘲弄他個人名言的Casey Serin Dance Remix、各類合成照片,Serin儼然已成全美部落客最愛的「公敵」。反Serin網站Exurbannation站長Rob Dawg表示:「每個人(對他)都有意見和想法。他心理有病嗎?意志薄弱?他怪異的個人習慣是否影響他的判斷或反之亦然?諸如此類。然而,對我們許多人而言,Casey已成為某種暴風眼,而非風暴本身。」Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-35934572715009600902007-06-04T04:50:00.000-07:002007-06-04T04:50:00.000-07:00I'll take young and untested over old and ruined a...I'll take young and untested over old and ruined any day. And there's no way I'm sitting this election out. For god's sake, vote for somebody. Our country is so fucked because we let it get this way, and abstaining from voting is a vote for the establishment. At least pick some independent to vote for.<BR/><BR/>I'm even willing to consider this Ron Paul character that everybody here keeps trumpeting (even though I'm generally a haterz of Republicans)flailing forwardhttps://www.blogger.com/profile/07029787271006871531noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-65882063465187072872007-06-04T00:43:00.001-07:002007-06-04T00:43:00.001-07:00Akubi, what is it about him that you find "awesome...Akubi, what is it about him that you find "awesome"? I'm asking honestly, I saw part of the debate, and all I saw is a guy WAY too young and inexperienced to handle the shitstorm that's headed for this country in the next couple of years, and his platform seems to be "Yes, that's a problem, we need to address it and come up with a solution", which is politspeak for "I don't have an effing clue what to do."<BR/><BR/>Obama is the rock star of this election, obviously, so I'm looking at what he says...there's not much "there" there. Yet. Maybe down the road, but right now he's in over his head. I have nothing against him so far, but then he has'nt really stood for anything...We have so many issues that are coming to a head NOW - Iran, the Iraq war, the housing bust, the economy, we need real leadership and I just don't see it there, just more of the same, or some incredibly stupid ideas that were thrown out on stage.<BR/><BR/>As for the rest of the debaterz...I'm scared shitless if any of them win. Same for the Republican candidates. There's a whole lot of nuthin' up there on the stage, and Hillary!'s body language could'nt be more fascinating. Gawd what a sack of hot air she is.<BR/><BR/>Disapointed in Biden. I've heard things from him before that made me think he might actually have something, but he's following the pack and catering to the polls. Bleah. Serves me right for thinking a politician these days is anything more than a whore to special interests and part of an elite class that is clueless about anything outside of their privileged little world.<BR/><BR/>A bunch of spineless, weak, idea-lacking pack of scoundrels, the lot of them, shouting over each other to get their worthless points of view heard. This is the party of JFK? This is the best and brightest? This is leadership?<BR/><BR/>The Republican debates should be a lot of fun, too, now that Bush has alientated the core of his party, and now they get to spin his bullshit. Whee!<BR/><BR/>I'm sitting this election out. Fuck 'em all. We're fucked no matter who wins, and the opposition will destroy anything the winner tries to do, just because they lost - even if, for gods sake, they had an original idea that doesnt require higher taxes. <BR/><BR/>"Meet the new boss...same as the old boss..."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-43015760745922444562007-06-04T00:43:00.000-07:002007-06-04T00:43:00.000-07:00Wow, our Declan can write in Chinese too.Wow, our Declan can write in <A HREF="http://taiwan.cnet.com/news/software/0,2000064574,20118748,00.htm" REL="nofollow">Chinese</A> too.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-85192371193512768742007-06-03T22:40:00.000-07:002007-06-03T22:40:00.000-07:00Lost in political "stuff" (would prefer the Bush A...Lost in political "stuff" (would prefer the Bush Admin disappeared over Casey any day) and still catching up...completely agree with Steph J.'s 4:41 comment.Akubihttps://www.blogger.com/profile/05214321836465499032noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-45125181209387957102007-06-03T22:34:00.000-07:002007-06-03T22:34:00.000-07:00Barack Obama is AWESOME!Barack Obama is AWESOME!Akubihttps://www.blogger.com/profile/05214321836465499032noreply@blogger.com