Mein Gott! A Freakin' commercial!
Friday, May 25, 2007
Out On a Limb
I'll go out on a limb here and predict that if tonight's fraudcast actually goes off it will be the equivalent of a hit show end of season cliffhanger.
Awesome Haterz™
Habitat for Humanity is the winner here and the Haterz™ should feel proud. Various emails and other contacts tell me this is just the tip of the iceberg but so far:Thse are just the "a donation has been made" I've gotten.
"EP" $100.00
DW unk
Anon unk
"pp" $200
Add to this others who didn't elect a named donation.
All in all I estimate just about $1000 went to making homes available to people who need them, qualify and are willing to work. I cannot think of a better legacy.
Reality Check
This being the Memorial Day Weekend I will be doing my bi-annual ground level economy survey. That means I'll be looking that the yard sales up at the mountain cabin. This is both fun and educational. What are people selling? For how much? Is the house for sale too? Are they moving? Moving "down below" [to the hih desert communities] or far away? Driveway check for jet boats and 4x4s. Any home improvements halted halfway? Any activity on the empty lots? I need new ski poles and goggles and wouldn't mind an orbital sander. Wish me luck.
Duane LeGate Part 2.5 The Worm Turns
The phrase "the worm turns" is oft misunderstood. The mechanical screw mechanism has come to represent more subtle events. Thus we rejion Duane and Casey at the point where Duane is near his limits of tolerance. -----
January 29th, 2007
From Casey
To Nigel, Chris, Duane
Hey, could you gentlemen join me on a conference call sometime today to discuss my blog strategy going forward. The 3 of you have been the most helpful to me so far with your advice and I would love for all of as to talk.
Please respond back to me with some times that will work for you today or tomorrow morning. I will setup a conference call and give everybody a code.
Thanks guys... Here are the topics:
1) Should I continue to blog?
Chris has a good point about the HATERS starting to post highly offensive stuff on other boards about all of us including our families! If I continue it might only get worse
2) If I should continue, what should be my strategy?
Nigel has a good idea about turning this thing into a general foreclosure help forum and allow others to post their story and receive help from the community. I would still continue my story but I would start shifting the focus on helping others
3) How to deal with the HATERS?
Perhaps I can start filtering out any comments that is negative or has nothing constructive. That will change the feel of the blog very quickly.
But how will that affect traffic? Should I worry about it?
4) How to handle the time commitment in running the blog?
Moderation takes me A LOT OF time. Posting quality posts takes a lot of time too. To have a high traffic blog I should post no less than once in
1-2 days. Perhaps I can outsource the moderation to a few trusted people.
Chris has some ideas about decreasing the time of making good posts.
5) How to monetize the blog?
If am going to continue devoting much time to the blog I need to get paid for it somehow. Duane has offered to become an exclusive sponsor. We're still experimenting but so far things are looking good. I want to discuss future possibilities.
6) Come back story?
I'm looking to have a come back story through this blog by doing the right thing, settling my debts and learning to become a successful real estate investor even though all the haters think I can't. I want feedback on how to formulate this strategy.
7) Joy / Erin threat? Possibility of being investigated by the Feds?
What should I do if anything about any of these potential threats?
----
From: Casey Serin [mailto:casey@serin.us]
Sent: Tuesday, January 30, 2007 4:37 PM
To: 'Duane LeGate'
Subject: Check out my activity log
http://iamfacingforeclosure.com/145/facing-foreclosure-activity-log/
Gimme some toughts... Thank you for that "kick in the butt" I really did need to place a higher priority on taking care of my debt. Now that I'm all caught up on everything and have a good grasp over my finances I can start talking with the lenders more specifically... However the question is what exactly do I tell them? See the post for more of what I'm asking.
You've been through this, let me know what I should do STEP-BY-STEP and I will follow exactly. I would love to work with you Duane but on some of these things I will need a little bit more direction. If you lead I promise to follow closely.
Thanks!
--
Casey Serin
Casey,
What in the hell are you doing? Explain this...
From my email to you.. the VERY FIRST THING I SAY IS...
"As long as you don’t mention pay rate... I keep ALL of that confidential because some of my co-workers get paid differently from others... and.. that I am in no way offering long term employment.. for now it is week to week depending on how you do.."
Sooo... what do you do??? From your BLOG....
"Say if I had a job paying me 4500/mo, I can subtract my living expenses of"
You don’t think my employees know that I am considering hiring you?? Do you think they don’t read your website???
DAMN CASEY! EXPLAIN
Duane LeGate
From: Casey Serin [mailto:casey@serin.us]
Sent: Wednesday, January 31, 2007 1:44 PM
To: Duane LeGate
Subject: Re: Check out my activity log
Duane, I didn't mention anything about getting a JOB from YOU though.... that was just a number from the top of my head. I was using it to illustrate my point that with the current burn rate even with A GREAT job I will not be able to float payment. However if I find a way to negotiate with the lender, then I may be able to find a way still.
I'm traveling with Chris right now but I will call you later today.
Sorry for any inconvenicnes. What time is a good time to call?.
Aside form the 4500 issue, what do you think of my activity?
The comments are starting to get very positive, did you notice.
Several people are attributing my new "directions" to me working with you and you are starting to be seen as a positive figure on the blog.
Casey,
I don’t think you understand, I don’t deal in shades of gray...
Your comment:
" Duane, I didn't mention anything about getting a JOB from YOU though...."
This is a crock. Recently OJ Simpson came out with a book entitled "If I Did It."
As you are probably aware, the premise of the book was to describe the murders if he had done it. Everyone knew it was a confession, but he didn’t outright admit it.
That’s exactly what you did. No you didn’t specifically say.. Duane has offered me a job for X. You DID imply it in every way shape form and fashion. This does not sit well with me Casey. Not well at all.
You keep asking me how I did it.. I did it by OWNING up to everyone that I owed money too (I didn’t screw anyone). I was 100% HONEST. And before you rebut that with "I have been too".. YOU HAVENT
Honesty is more than telling 80% of the story. You tell some, but not all of the picture, while you technically are not lying, you are not being FULLY honest either. You and I had a very simple framework for working together. After full evaluation, I think I need to make the 15th of Feb the last day of sponsorship of your site. That will be exactly one month. I will pay you the final 750 as promised. But as it stands now, that is where the relationship begins and ends.
I wish you the best in the coming days, weeks and months, I feel you will need all the prayers you can muster to handle it.
Duane LeGate
From: Casey Serin [mailto:casey@serin.us]
Sent: Thursday, February 01, 2007 2:08 PM
To: 'Duane LeGate'
Subject: RE: Check out my activity log
Ok Duane. Thanks for giving me a shot. I'm sorry I disappointed you.
--
Casey Serin
What do you want to do about hosting?
Duane LeGate
From: Casey Serin [mailto:casey@serin.us]
Sent: Thursday, February 01, 2007 2:15 PM
To: 'Duane LeGate'
Subject: RE: hosting
Hosting - probably open my own account on Mosso and transfer it so that there is now DNS change... Let me check into it and get back to you by tomorrow morning.
--
Casey Serin
No hurry.. How about the 15th as a drop dead date?
Duane LeGate
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Monday, February 05, 2007 7:27 AM
To: 'Casey Serin'
Subject: Finalizing...
Casey,
I am assuming you plan on leaving the sponsorship posts on your site, since one of the main reasons for sponsoring was to help with SEO. I don't need the side bar sponsorship.. but I am assuming you will leave any and all references to the sponsorship post and links to my site indefinitely?? Am I assuming correct?
Duane LeGate
Yes I'm going to leave the posts indefinitely to help you out with SEO.
I'm still working out my hosting situation...
--
Casey Serin
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Monday, February 05, 2007 8:51 AM
To: 'Casey Serin'
Subject: RE: Finalizing...
A lot of people are asking why I ended the relationship... I have had many emails and you have seen the posts wondering on your blog and others...
What are your thoughts there?
Duane LeGate
I don't know Duane... I am wondering myself as to the EXACT reasons.
Based on your email, I'm guessing:
1) I wasn't performing fast enough on negotiating with the lenders (I DO have short sales going on all the secured lenders and I started calling the unsecured but I was running into road blocks... Yes, perhaps I could have acted faster)
2) miscommunication about the "4500/mo job" mention (I wasn't even talking about OUR job but happen to use that figure to illustrate a point... If you check the comments NOBODY thought I was talking about YOU giving me a job...
But I understand why you were upset because it looks like I was going back my word about keeping the job compensation private)
3) anything else?
Don't get me wrong, I don't have any hard feelings over this. Perhaps we can work again in the future. I hate to burn bridges.
--
Casey Serin
From: Casey Serin [mailto:casey@serin.us]
Sent: Monday, February 12, 2007 6:33 PM
To: 'Duane LeGate'
Subject: Advertising performance, other stuff
Duane, I'm curious, has the advertising on my blog brought you any sales?
I'm trying to decide right now if I should pull the blog down. The "haters"
are going too far. They are spying on me and my wife and taking pictures of where we live, our cards, parent's houses, etc.
Also, I got a call from Joy's attorney. They want me to fly out to Phoenix and have a face-to-face with them and see if we can resolve the issue peacefully without courts. I told them I got no money right now to fly out there and if they want to meet they will have to fly me out or come to me.
I haven't heard back from them on that.
How are things?
--
Casey Serin
----
Getting Ready for the Long Weekend
Looks like Casey continues to screw up a good thing. Turning his blog about a trainwreck into a blog about a blog. A blahg if you ask me. That chat feature really screwed the pooch. He's even taken to begging for "supporterz." NPD and now I feel like an enabler.
Thursday, May 24, 2007
Place Your Bets 2
How many hundred points will the DJIA fall tomorrow? I'm guessing two but the little voice wants me to say three. Do your best "Billy Ray Valentine" and show the pack who be de alpha dawg. My Billy Ray: "It's a long weekend see? And nobody wants to walk away for three whole days when the Asia markets are so nervous. 'Sides sell in May and go away? Nobody gonn lose a bonus pocketing what they got already but sure as hell they gonna lose their ass if they be bangin they secretary in the Hamptons while China melts down. Sell them mo fos. If they still good next Tuesday but 'em back and pocke two comissions. Yeah, that's what Billy Ray say."
Update:
Oh Man The CPU Cycle Charges
Crap, I peeked. IAFF looks like a porn portal with everything a charge link advert. Ummm... errr.... at least that's how I imagine porn portals operated. Anyway. What were we talking about? Oh, yes. IAFF. I looked at the settlement letter. It isn't from WaMu, they've sent it to "collections." Probably for 25¢ on the dollar. 70% is a goldmine for them. 40¢ and they'd crap their pants to get a certified check in 2 days. Yes. I know. I am helping Casey. So what. Business. Besides, if Casey does settle for 40¢ it is better than nothing which will happen if he doesn't take the advice. Okay, I also know he won't make the 40 cent deal either. That's the point. He knows what is right. He knows what is possible. He isn't going to do the right thing or the possible thing.
Dear Mr. President
[inspired by Stephanie Js quiverng mounds of anger at this mornings' press conference.]Dear Mr. President,
It is with mixed feelings of dismay and relief that that I learned you earlier today had annouced your intent to step down from the Office of President of The United States of America. I wish you good health and good fortune in your lfuture endeavors.
Perhaps you are confused. Here, let me explain. The Office you hold comes with certain promises you make. One being to uphold the Constitution. When you said this morning on the subject of illegal immigration that "You can't. You can't just ship them all back" you were announcing that you could not (or would not) faithfully uphold the laws of this land. You are required under the banns of your Office to tender your resignation over this matter. I must say it takes a principled man to put his personal views ahead of duty to country or respect for thew law. If President Cheney or President Polosi or so on join you in private retirement over this issue so be it. Eventually we will get to President Paul or President Gallegley and they, no doubt will do what you will not; uphold the rule of law in the face of the mob and the rule of men.
Regards,
Rob Dawg
Settle my debt via my corporation?
WTF? Or should I say: FTB!
He's pre-announcing corporate fraud?
Somebody stop him. Please.
Talkcast Show Prep
Appears there will be another riveting 3 hours of the "minkeee dance" this Friday. LossMitPro will be, get this, discussing a real topic; mortgage issues. Let's not make this about personalities. Use this thread to make suggestions as to questions to ask or get any confusion you might have cleared up in advance.
LossMitPro said...
I had a phone conversation with Serin last night, and Casey has asked me to speak about his mortgage issues during the next Foreclosure Friday (5-25-07) podcast. I agreed.
Wednesday, May 23, 2007
Duane LeGate Part 2.4 Keep Me Accountable
Everyone who is bored, don't read. This isn't fiction and it sure aint a summer movie with nice endings and pat sequel possibilities. 
1/26/07
Duane, take a look a the abuse email I got below... Looks like Joy and the crew are fighting back. They put in a complaint with my hosting provider and that's why I got shut down. Problem is that the abuse department hours don't open up for another 2 hours and I couldn't do anything to resolve the issues right at this moment.
But if its THAT easy for somebody to shut the website down then I need to think of a PLAN B for my hosting RIGHT NOW.
--
Casey Serin
From: Hostgator Abuse [mailto:abuse@hostgator.com]
Sent: Thursday, January 25, 2007 11:38 PM
To: casey@serin.us
Subject: [Abuse #POF-657999]: DMCA COMPLAINT :: iamfacingforeclosure.com
Dear Customer,
Your account on the gator25 has been suspended due to a DMCA complaint. Due to the nature of the complaint we have are required to take action. From our Terms of Service:
Use of our services to infringe upon any copyright or trademark is prohibited. This includes but is not limited to unauthorized copying of music, books, photographs, or any other copyrighted work. The offer of sale of any counterfeit merchandise of a trademark holder will result in the immediate termination of your account. If you believe that your copyright or trademark is being infringed upon, please email abuse@hostgator.com with the information required. A list of required information may be found here. If the request is of a licensing issue, we may require further documentation.
If you feel this claim is unfounded or untrue, please fill out a counter dmca complaint form from http://www.chillingeffects.org/dmca/counter512.pdf
and submit it to us.
[COMPLAINT]
o whom it may concern,
I am writing this to demand the removal of the content displayed at the domain http://www.iamfacingforeclosure.com/. Casey Serin or domain author
has:
- posted confidential information regarding Erin Morgan, Joy O'Day and TAO Realty, L.L.C. despite having signed an NDA. The signed NDA is posted on the site with repeated admissions to the signature of the NDA.
- posted, and allowed his bloggers to post, untruthful and slanderous information in effort to defame the character of the parties aforementioned
- posted a link to a video created and owned by Robert Kiyosaki and / or Cashflow Technlogies / Rich Dad as well as posted, and allowed his bloggers to post, untruthful and slanderous information in effort to defame the character of Robert Kiyosaki
Casey Serin, iamfaingforeclosure.com and applicable persons or entities will soon be party to litigation for his actions. If your company continues to host Casey Serin's blog, your company, by its inaction, could potentially be a party to this litigation as you have been formally notified.
===================
Formal Declaration
===================
I hereby state that Erin Morgan, Joy O'Day and / or TAO Realty L.L.C.
is the owner of the exclusive rights referenced above and that I am authorized to act on its behalf. On behalf of Erin Morgan, Joy O'Day and / or TAO Realty L.L.C., I hereby state that I have a good faith belief that use of the content in the manner complained of is not authorized by Erin Morgan, Joy O'Day and / or TAO Realty L.L.C., its agents, or the law.
I, Jeremy O'Day, hereby digitally sign this e-mail message under penalty of perjury under the laws of the United States of America with the additional statement under penalty of perjury that the information in the notice is accurate.
XXXXXXXXX
XXXXXXXXX XXXXXXXXX XXXXXXXXX
Regards,
Rich G.
HostGator Technical Support / Abuse Team Lead
1/26/07
Any word from Gator?
Call and email... in a respectful fashion... but have them make you a priority... the squeaky wheel gets the grease
Duane LeGate
From: Casey Serin [mailto:casey@serin.us]
Sent: Friday, January 26, 2007 1:33 PM
To: 'Duane LeGate'
Cc: 'Shane Pike'
Subject: RE: any word from gator..
I was granted FTP and control panel access. So I can get all the stuff down. I want to just go ahead and take this opportunity and get everything onto Mosso. Its 100/month. Can we make that happen?
Duane, you're blog is getting very popular! Did you see the comments coming in. Supportive ones too!
1/26/07
Shane.. can we check with rackspace/mosso and see if we can get casey up?? Tell them we will stand behind the site and make sure that no copyright stuff is getting up there...
Casey if we do this keep your nose CLEAN from that standpoint...
We can quietly get the contract back our on other peoples sites...
Duane LeGate
1/26/07
Casey,
Randy spoke to rackspace and they laughed about the whole thing.. they said they deal with WAY worse issues than that and any complaint would have a MINIMUM of 8 hours to be addressed.
I think you probably need to see if you can get back up on gator today, then work on transferring to masso
Duane LeGate
1/26/07
To Casey
NLL IS DOWN
From: Shane
Sent: Friday, January 26, 2007 5:18 AM
To: 'Casey Serin'
Subject: Getting Back Up and Running
Casey,
If you need help getting IAFF back up and running on a new host, just let me know. I have moved WordPress sites to new hosts many, many times (just recently this last Tuesday), so I know the process inside and out. I know you know what you're doing, but I wanted to offer just in case I could out help in any way.
-- Shane
1/26/07
Any room on your server for my site? At least temporarily
Casey Serin
Hey Duane, take a look at the agent response below (whom I contact via HBN)
She is not experienced in short sales... A good idea would probably be to start partnering with agents that are short sale experts because that would be the true meaning of "FAST SALE" agents.
Just a thought for later...
But right now we have more urgent stuff to worry about.
Casey Serin
916-595-9632
www.IamFacingForeclosure.com <- my story www.Serin.us <- join my mailing list
==========================
-----Original Message-----
From: XXXXXXXXXXXXXXXXXXXX
Sent: Thursday, January 25, 2007 9:33 PM
To: Casey Serin
Subject: Re: HELLO
Hi Casey
Sorry to say that I am not experienced in short sales, I just attended a seminar on short sales and have a list of quite a bit in this area. If you like I am willing to help you but I have to say they are not easy sales...
Let me know how I can help!
----- Original Message -----
From: Casey Serin
To: XXXXXXXXXXXXXXXXXXXXXX
Sent: Wednesday, January 24, 2007 1:36:59 PM GMT-0800 US/Pacific
Subject: RE: HELLO
Are you experienced with short sales?
--
Casey Serin
916-595-9632
www.IamFacingForeclosure.com <- Handling Mistakes, Foreclosure and Debt
www.Serin.us <- It's been UNBELIEVABLE but there is More to Come! Join my Mailing List for Important Announcements and Occasional Updates
P.S. I have recently been invited to work with a group that does big commercial loans, hard money and private equity. Do you know anybody who needs 10 million dollars or more to fund a BIG real estate deal, development or business project? Will look at all. We're also looking for SERIOUS investors with 1 million liquid or more for a couple of "invite-only"
projects. Referral fees offered.
AS I am doing a copy and paste.. I missed this tidbit about the 10 million in loans…. WOW… anything for a cut huh??
As soon as the abuse department opens up (in 30-60 min) I will be asking them about turning me back on. I'm gonna remove some of the "questionable"
stuff and see if they let me put the site back online.
Thanks for checking into things for the hosting Shane. Host gator has a dedicated server offering at 175/mo but I'm not sure if I wanna go with them if its that easy to scare them. However, their support is very fast, which I like.
Casey Serin
916-595-9632
www.IamFacingForeclosure.com <- my story www.Serin.us <- join my mailing list
-----Original Message-----
From: Shane
Sent: Friday, January 26, 2007 6:53 AM
To: 'Casey Serin'
Subject: RE: [Abuse #POF-657999]: DMCA COMPLAINT :: iamfacingforeclosure.com
Alright, we're making calls now to see what we can work out. We don't have
*great* connections, but we're working what we have. (We'd actually just put you on one of the HBN servers, but we don't run Linux and Windows doesn't support the .htaccess settings that you need to make your permalinks
work.)
In the meantime, though, would HostGator turn you back on if you told them you were taking down all the content in question? They're probably not in any hurry to look at the case since they don't make much from you, but we're trying to get you up as fast as possible, and that would save the several hours it would take for DNS to propagate.
Let me know!
-----Original Message-----
From: Casey Serin [mailto:casey@serin.us]
Sent: Friday, January 26, 2007 9:07 AM
To: shane
Subject: FW: [Abuse #POF-657999]: DMCA COMPLAINT :: iamfacingforeclosure.com
This is why, see below. Joy O'Day and the crew are trying to fight me.
--
Casey Serin
1/26
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Friday, January 26, 2007 7:12 AM
To: 'Casey Serin'
Subject: RE: [Abuse #POF-657999]: DMCA COMPLAINT :: iamfacingforeclosure.com
Casey., do you have 3-way calling?? If so I want to be on the call with gator
1/26/07
Yes I have 3 way... Should I do your cell phone?
--
Casey Serin
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Friday, January 26, 2007 7:23 AM
To: 'Casey Serin'
Subject: READ
Casey,
We posted the reason for you being down here. please look at and approve..
if its okay. please blast to your friends
Duane LeGate
1/26/07
I didn't see anything attached
Casey Serin
1/28/07
Casey,
I have been thinking about what we had talked about. I have no problem expanding our relationship but a few things need to happen.
At our office, we treat everyone like family, because 1) it is the right thing to do, and 2) you will spend as much time with us as you do your immediate family.
That being said, I look for stability as well as skills when making a hire. I think you would admit the stability part is shaky at best (yours that is).
You need to take on all of your debts head-on, in a proactive manner instead of a reactive one. These are nothing more than massive storm clouds waiting to bust. Casey, you have serious legal issues out there. You need to take steps to make amends, work out a plan, then hope like hell they don’t come after you for fraud. You may have not meant to screw anyone, or you may have not meant to commit X violation, but you did. With your high notoriety, some prosecutor may try and make a name after himself and hang you from a tree.
Staring at bills or not contacting your lenders will only provoke them further and aggravate the situation. Like the 50K promissory note on Larchmont, you CAN work out ALL situations. TO do that, you need to have cash flow, to have that you need to be employable, and to be that, you need to have a plan of action.
So, here goes. I want a written report by 5pm EST this Friday, February 2nd. The report needs to include an update on all lenders, where you stand with them , and what plan you and the lenders have worked out.
I had suggested this last week, I think you will admit it did not happen. I know you are working on projects for Chris and you need money. Guess what, you are going to have to learn how to manage your time better, and you’re going to have to put in the extra hours necessary to get yourself out of this mess.
Waking up at 5 am is no victory if you wake up for waking ups sake. You can wake up, moderate for 1 hour, handle Chris” projects for the next 3. That will be 9 am, moderate for an hour til 10.am.. contact ALL lenders for the next 3 hours. (you wont be able to get them first try) moderate for 1 hour, return phone calls from lenders, work on Chris’ projects for 3 hours.. repeat…
I have told you many times, this will not be easy, in fact it will be painful. I know you don’t “want” a full time job, but right now – to get your self out of this mess.. it is the ONLY way. If you BK on them… mark my words they will come after you with everything they have…
OK.. off my high horse. If I have the report, that tells me you are serious in making amend and turning your life around. I will employ you (in contract for ONLY for now) at a first months rate of 4,500 per month. I will explain what I will need you to do for that later. (the 4500 coupled with the 1500 will give you 6K… still not enough to handle your debt service but getting closer) … We can work on getting that number higher AFTER you start helping your self.
Let me know your thoughts..
Duane LeGate
From: Casey Serin [mailto:casey@serin.us]
Sent: Monday, January 29, 2007 12:15 PM
To: 'Duane LeGate'
Subject: Can I put our deal on the blog?
Duane, can I put our deal on the blog? The "haters" will definitely keep me accountable and this will add to the story of me making a turn-around.
--
Casey Serin
1/26/07Duane, take a look a the abuse email I got below... Looks like Joy and the crew are fighting back. They put in a complaint with my hosting provider and that's why I got shut down. Problem is that the abuse department hours don't open up for another 2 hours and I couldn't do anything to resolve the issues right at this moment.
But if its THAT easy for somebody to shut the website down then I need to think of a PLAN B for my hosting RIGHT NOW.
--
Casey Serin
From: Hostgator Abuse [mailto:abuse@hostgator.com]
Sent: Thursday, January 25, 2007 11:38 PM
To: casey@serin.us
Subject: [Abuse #POF-657999]: DMCA COMPLAINT :: iamfacingforeclosure.com
Dear Customer,
Your account on the gator25 has been suspended due to a DMCA complaint. Due to the nature of the complaint we have are required to take action. From our Terms of Service:
Use of our services to infringe upon any copyright or trademark is prohibited. This includes but is not limited to unauthorized copying of music, books, photographs, or any other copyrighted work. The offer of sale of any counterfeit merchandise of a trademark holder will result in the immediate termination of your account. If you believe that your copyright or trademark is being infringed upon, please email abuse@hostgator.com with the information required. A list of required information may be found here. If the request is of a licensing issue, we may require further documentation.
If you feel this claim is unfounded or untrue, please fill out a counter dmca complaint form from http://www.chillingeffects.org/dmca/counter512.pdf
and submit it to us.
[COMPLAINT]
o whom it may concern,
I am writing this to demand the removal of the content displayed at the domain http://www.iamfacingforeclosure.com/. Casey Serin or domain author
has:
- posted confidential information regarding Erin Morgan, Joy O'Day and TAO Realty, L.L.C. despite having signed an NDA. The signed NDA is posted on the site with repeated admissions to the signature of the NDA.
- posted, and allowed his bloggers to post, untruthful and slanderous information in effort to defame the character of the parties aforementioned
- posted a link to a video created and owned by Robert Kiyosaki and / or Cashflow Technlogies / Rich Dad as well as posted, and allowed his bloggers to post, untruthful and slanderous information in effort to defame the character of Robert Kiyosaki
Casey Serin, iamfaingforeclosure.com and applicable persons or entities will soon be party to litigation for his actions. If your company continues to host Casey Serin's blog, your company, by its inaction, could potentially be a party to this litigation as you have been formally notified.
===================
Formal Declaration
===================
I hereby state that Erin Morgan, Joy O'Day and / or TAO Realty L.L.C.
is the owner of the exclusive rights referenced above and that I am authorized to act on its behalf. On behalf of Erin Morgan, Joy O'Day and / or TAO Realty L.L.C., I hereby state that I have a good faith belief that use of the content in the manner complained of is not authorized by Erin Morgan, Joy O'Day and / or TAO Realty L.L.C., its agents, or the law.
I, Jeremy O'Day, hereby digitally sign this e-mail message under penalty of perjury under the laws of the United States of America with the additional statement under penalty of perjury that the information in the notice is accurate.
XXXXXXXXX
XXXXXXXXX XXXXXXXXX XXXXXXXXX
Regards,
Rich G.
HostGator Technical Support / Abuse Team Lead
1/26/07
Any word from Gator?
Call and email... in a respectful fashion... but have them make you a priority... the squeaky wheel gets the grease
Duane LeGate
From: Casey Serin [mailto:casey@serin.us]
Sent: Friday, January 26, 2007 1:33 PM
To: 'Duane LeGate'
Cc: 'Shane Pike'
Subject: RE: any word from gator..
I was granted FTP and control panel access. So I can get all the stuff down. I want to just go ahead and take this opportunity and get everything onto Mosso. Its 100/month. Can we make that happen?
Duane, you're blog is getting very popular! Did you see the comments coming in. Supportive ones too!
1/26/07
Shane.. can we check with rackspace/mosso and see if we can get casey up?? Tell them we will stand behind the site and make sure that no copyright stuff is getting up there...
Casey if we do this keep your nose CLEAN from that standpoint...
We can quietly get the contract back our on other peoples sites...
Duane LeGate
1/26/07
Casey,
Randy spoke to rackspace and they laughed about the whole thing.. they said they deal with WAY worse issues than that and any complaint would have a MINIMUM of 8 hours to be addressed.
I think you probably need to see if you can get back up on gator today, then work on transferring to masso
Duane LeGate
1/26/07
To Casey
NLL IS DOWN
From: Shane
Sent: Friday, January 26, 2007 5:18 AM
To: 'Casey Serin'
Subject: Getting Back Up and Running
Casey,
If you need help getting IAFF back up and running on a new host, just let me know. I have moved WordPress sites to new hosts many, many times (just recently this last Tuesday), so I know the process inside and out. I know you know what you're doing, but I wanted to offer just in case I could out help in any way.
-- Shane
1/26/07
Any room on your server for my site? At least temporarily
Casey Serin
Hey Duane, take a look at the agent response below (whom I contact via HBN)
She is not experienced in short sales... A good idea would probably be to start partnering with agents that are short sale experts because that would be the true meaning of "FAST SALE" agents.
Just a thought for later...
But right now we have more urgent stuff to worry about.
Casey Serin
916-595-9632
www.IamFacingForeclosure.com <- my story www.Serin.us <- join my mailing list
==========================
-----Original Message-----
From: XXXXXXXXXXXXXXXXXXXX
Sent: Thursday, January 25, 2007 9:33 PM
To: Casey Serin
Subject: Re: HELLO
Hi Casey
Sorry to say that I am not experienced in short sales, I just attended a seminar on short sales and have a list of quite a bit in this area. If you like I am willing to help you but I have to say they are not easy sales...
Let me know how I can help!
----- Original Message -----
From: Casey Serin
To: XXXXXXXXXXXXXXXXXXXXXX
Sent: Wednesday, January 24, 2007 1:36:59 PM GMT-0800 US/Pacific
Subject: RE: HELLO
Are you experienced with short sales?
--
Casey Serin
916-595-9632
www.IamFacingForeclosure.com <- Handling Mistakes, Foreclosure and Debt
www.Serin.us <- It's been UNBELIEVABLE but there is More to Come! Join my Mailing List for Important Announcements and Occasional Updates
P.S. I have recently been invited to work with a group that does big commercial loans, hard money and private equity. Do you know anybody who needs 10 million dollars or more to fund a BIG real estate deal, development or business project? Will look at all. We're also looking for SERIOUS investors with 1 million liquid or more for a couple of "invite-only"
projects. Referral fees offered.
AS I am doing a copy and paste.. I missed this tidbit about the 10 million in loans…. WOW… anything for a cut huh??
As soon as the abuse department opens up (in 30-60 min) I will be asking them about turning me back on. I'm gonna remove some of the "questionable"
stuff and see if they let me put the site back online.
Thanks for checking into things for the hosting Shane. Host gator has a dedicated server offering at 175/mo but I'm not sure if I wanna go with them if its that easy to scare them. However, their support is very fast, which I like.
Casey Serin
916-595-9632
www.IamFacingForeclosure.com <- my story www.Serin.us <- join my mailing list
-----Original Message-----
From: Shane
Sent: Friday, January 26, 2007 6:53 AM
To: 'Casey Serin'
Subject: RE: [Abuse #POF-657999]: DMCA COMPLAINT :: iamfacingforeclosure.com
Alright, we're making calls now to see what we can work out. We don't have
*great* connections, but we're working what we have. (We'd actually just put you on one of the HBN servers, but we don't run Linux and Windows doesn't support the .htaccess settings that you need to make your permalinks
work.)
In the meantime, though, would HostGator turn you back on if you told them you were taking down all the content in question? They're probably not in any hurry to look at the case since they don't make much from you, but we're trying to get you up as fast as possible, and that would save the several hours it would take for DNS to propagate.
Let me know!
-----Original Message-----
From: Casey Serin [mailto:casey@serin.us]
Sent: Friday, January 26, 2007 9:07 AM
To: shane
Subject: FW: [Abuse #POF-657999]: DMCA COMPLAINT :: iamfacingforeclosure.com
This is why, see below. Joy O'Day and the crew are trying to fight me.
--
Casey Serin
1/26
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Friday, January 26, 2007 7:12 AM
To: 'Casey Serin'
Subject: RE: [Abuse #POF-657999]: DMCA COMPLAINT :: iamfacingforeclosure.com
Casey., do you have 3-way calling?? If so I want to be on the call with gator
1/26/07
Yes I have 3 way... Should I do your cell phone?
--
Casey Serin
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Friday, January 26, 2007 7:23 AM
To: 'Casey Serin'
Subject: READ
Casey,
We posted the reason for you being down here. please look at and approve..
if its okay. please blast to your friends
Duane LeGate
1/26/07
I didn't see anything attached
Casey Serin
1/28/07
Casey,
I have been thinking about what we had talked about. I have no problem expanding our relationship but a few things need to happen.
At our office, we treat everyone like family, because 1) it is the right thing to do, and 2) you will spend as much time with us as you do your immediate family.
That being said, I look for stability as well as skills when making a hire. I think you would admit the stability part is shaky at best (yours that is).
You need to take on all of your debts head-on, in a proactive manner instead of a reactive one. These are nothing more than massive storm clouds waiting to bust. Casey, you have serious legal issues out there. You need to take steps to make amends, work out a plan, then hope like hell they don’t come after you for fraud. You may have not meant to screw anyone, or you may have not meant to commit X violation, but you did. With your high notoriety, some prosecutor may try and make a name after himself and hang you from a tree.
Staring at bills or not contacting your lenders will only provoke them further and aggravate the situation. Like the 50K promissory note on Larchmont, you CAN work out ALL situations. TO do that, you need to have cash flow, to have that you need to be employable, and to be that, you need to have a plan of action.
So, here goes. I want a written report by 5pm EST this Friday, February 2nd. The report needs to include an update on all lenders, where you stand with them , and what plan you and the lenders have worked out.
I had suggested this last week, I think you will admit it did not happen. I know you are working on projects for Chris and you need money. Guess what, you are going to have to learn how to manage your time better, and you’re going to have to put in the extra hours necessary to get yourself out of this mess.
Waking up at 5 am is no victory if you wake up for waking ups sake. You can wake up, moderate for 1 hour, handle Chris” projects for the next 3. That will be 9 am, moderate for an hour til 10.am.. contact ALL lenders for the next 3 hours. (you wont be able to get them first try) moderate for 1 hour, return phone calls from lenders, work on Chris’ projects for 3 hours.. repeat…
I have told you many times, this will not be easy, in fact it will be painful. I know you don’t “want” a full time job, but right now – to get your self out of this mess.. it is the ONLY way. If you BK on them… mark my words they will come after you with everything they have…
OK.. off my high horse. If I have the report, that tells me you are serious in making amend and turning your life around. I will employ you (in contract for ONLY for now) at a first months rate of 4,500 per month. I will explain what I will need you to do for that later. (the 4500 coupled with the 1500 will give you 6K… still not enough to handle your debt service but getting closer) … We can work on getting that number higher AFTER you start helping your self.
Let me know your thoughts..
Duane LeGate
From: Casey Serin [mailto:casey@serin.us]
Sent: Monday, January 29, 2007 12:15 PM
To: 'Duane LeGate'
Subject: Can I put our deal on the blog?
Duane, can I put our deal on the blog? The "haters" will definitely keep me accountable and this will add to the story of me making a turn-around.
--
Casey Serin
Duane LeGate Part 2.3 Laying Down the FULL Story
1/19/07Done: www.IamFacingForeclosure.com
I made it was as high on the side bar as I can put it... And its actually above-the-fold on standard resolutions of 1024x768 and up. I made the text bigger and bold to make it stand out and encourage clicks. It still looks very clean. I think it's a pretty good spot.
Any feedback?
Shane I'm assuming you have already setup some software to log click-throughs from my site so we can track performance?
I'm excited to see how this works. I'm going to write up something about HBN in the next couple of days and send over for your approval.
--
Casey Serin
OMITTED about 5 emails between Shane and Casey that talk about placement of links, color, etc… its all formatting stuff and not relative to this timeline..
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Friday, January 19, 2007 11:49 AM
To: 'Casey Serin'
Subject: RE: Revised terms for advertising
Casey,
I cant find the email with your address... how you coming with the review or post of hbn...
Duane LeGate
XXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXX
(His address was inserted here.)
What I'm going to do is to try HBN out as a typical user and report on my experience... How is that?
Also what about putting the HBN logo higher in the side bar to generate more traffic?
When can I call you to discuss some stuff?
--
Casey Serin
1/23/07
Hey Duane,
I gave it some though and I realized it would be a little out of place if I do a REI.TV post without also introducing HBN. So I did a nice combined post. Its written in my normal voice so it doesn't sound fabricated but I belive covers both of your services in good light.
Check it out: http://iamfacingforeclosure.com/approve1
That's a hidden URL. Let me know and I'll post it to the blog
--
Casey Serin
1/23/07
Check it out, I added a couple of paragraphs for REI.TV with the heading "Get Rich Slow"
Check it out: http://iamfacingforeclosure.com/
--
Casey Serin
1/23/07
Thanks for pitching in... Things good so far?
--
Casey Serin
1/23/07
Great.. I must say you have THICK skin.. hang in there..
Duane LeGate
1/23/07
Hey Duane, aside form the blog I'm also getting people that contact me by email asking for advice on real estate education and where to start. I want to start marketing REI.TV directly and I want to get a referral code or some way to track my sales. I already referred 3 people directly today.
Thanks.
--
Casey Serin
1/24/07
Hey Casey,
Are you looking to track the traffic (uniques, page views, etc) that comes in from your site, or only the persons who have signed up for service as a result of your referral?
Depending on what you are looking for, we can probably set something up that will get you what you need.
Thanks,
Randy
1/24/07
I'm looking for a way to track my DIRECT referrals. So lets say I tell somebody to go visit REI.TV. Is there a referral code I can use to tell them to put in. Or if I'm sending a URL is there a way I can attach a referral code to the URL so that I get credit for referring them?
Something like XXXXXXXXXXXXXXXX???
Duane mentioned you will have affiliate program soon.. That's what I'm referring to. An affiliate code of some sort.
If I have to wait for it that's OK, just wondering if its already up.
--
Casey Serin
OMITTED ABOUT 5 emails discussing tracking codes etc, not pertinent to the timeline..
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Thursday, January 25, 2007 10:07 AM
To: 'Casey Serin'
Subject: IAFF down?
I am showing your website being down
1/25/07
Temporarily Down... My hosting account was disabled because it was bringing the server down with all the traffic. Will have to upgrade to a dedicated server shortly (much more $$/mo though).
Casey Serin
1/25/07
Casey pay it for now, I will reimburse.. then shop
Duane LeGate
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Thursday, January 25, 2007 10:12 AM
To: 'Casey Serin'
Subject: RE: IAFF down?
When will it be back up and what time are you posting the contracts?
Duane LeGate
1/25/07
It should be back up in the next 15 minutes and I should have the contract up within 30-45 minutes.
Casey Serin
1/25/07
My current virtual hosting account at HostGator has been running slower and slower and today they shut me down for taking up too much CPU time on the server. The extra queries lately have been caused by a WordPress plug I installed where users can vote on comments (people loved it as soon as I released that feature).
Well now the HostGator people are basically telling me that my site is starting to take too many resources because of the traffice and DB queries.
So I need to upgrade to a dedicated server. They have a fully managed linux box for 180/mo. But I'm not sure if I want to stay with HostGator, though they're support has been very good. I want to shop around real quick. I don't have much time though, because it will happen again.
Who do YOU guys use for hosing/servers? Or is it in-house?
Casey Serin
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Thursday, January 25, 2007 12:59 PM
To: 'Casey Serin'
Subject: post
Casey I have to leave in 30 minutes. whats your time frame for moderating and posting the contracts?
Duane LeGate
1/25/07
Almost there... I'm laying down the FULL story... Its gonna be GOOD.
Casey Serin
1/25/07
Its out! This might get messy!
Casey Serin
Duane LeGate Part 2.2 Get Er Done
1/2/07
Duane, just want to follow up with you on advertising and ideas on how I can pay off my 160K of unsecured debt.
I would love to learn from your example. I don't want to declare bankruptcy and need to find a way to refinance the debt or start making enough monthly to float the big bill.
Also, google adsense kicked me off their advertising system because some "haters" on my site were clicking the links too often on purpose and Google has a rule against that.
So I want to talk to you about advertising HouseBuyerNetwork and move forward ASAP.
Here is my traffic chart for December:
http://www.sitemeter.com/?a=stats&s=s27iamfacingforeclosurecom&r=35
Duane, I am ready to help myself. I would love to be able to say this year that "I made it right" by paying back all my debts.
Hope your holidays went well...
--
Casey Serin
1/13/07
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Friday, January 12, 2007 12:35 PM
To: 'Casey Serin'
Cc: 'Shane Pike'
Subject: LONG Time getting back to you
Casey,
I am sorry for just now getting back to you. I was sick, then Christmas, NewYears, then I took a vacation after New Years, then been in New York.
I am copying Shane.
Shane meet Casey, Casey meet Shane.
Shane handles all of our advertising and SEO.
I still want to do something with your site. Sooner versus later.
2 conditions: we can pull out any time if you do anything we feel is harmful to anyones rep.
2nd, we are the exclusive advertiser. We are also going to ask you for certain things from and SE standpoint.
That said. you guys chat.
Duane LeGate
1/13/07
Duane, here is my current financial statement, I know you asked for this a while back:
http://spreadsheets.google.com/pub?key=pPacQAmy3C4AuHrqHYLazIQ
My revised goals for 2007:
1) sell all remaining houses
2) generate $250,000 to settle all my debt (no BK), keep my wife in school and get financially healthy
3) do everything with 100% integrity
Feel free to give me any advice...
--
Casey Serin
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Monday, January 15, 2007 9:01 AM
To: 'Casey Serin'
Subject: call me
Call me when you get this
My phone is not working... Here is my wife's number: XXX-XXX-XXXX I will be on it all day.
--
Casey Serin
1/16/07
Hey Duane, I apologize about not picking up if you tried to call me back...
That's my wife's cell phone and she had to go to school for the day and take it with her.
I lost my cell phone so I'm going to setup a Vonage or Skype account this morning so I can call you back.
What time are you going to be available?
--
Casey Serin
1/16/07
Now thru 2:15 EST... 3:30-5:00 EST... I am coaching 2 basketball teams tonight so I am not available after that..
Worse case scenario call me tomorrow..
Duane LeGate
1/17/06
Casey,
Here are the specific terms of our agreement for this month.
We will pay you $1,500 through February 15, half now and half at the end.
In return, you will:
1. Make HBN the exclusive advertiser on your blog.
2. Add an HBN ad to your sidebar (which we will provide). That ad will
expand to include REI.TV once we launch REI.TV.
3. Post at least two posts about HBN that include links to the HBN
homepage on either we buy houses (preferably) or home buyers.
4. Post at least two positive posts about REI.TV after it launches.
Obviously the REI.TV part is still in limbo pending your conversation with your friend tomorrow. We'll make any necessary changes to this agreement should he object.
I'll get you an HBN ad very soon!
Thanks!
Shane
From: Shane
Sent: Monday, January 15, 2007 5:04 PM
To: 'Casey Serin'
Cc: 'Duane LeGate'
Subject: RE: Terms
Here are the files you need for the ad. One is the image and the other is the HTML. We'd like for it to go right above the Recent Comments section.
Let me know if you have any questions!
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Tuesday, January 16, 2007 10:33 AM
To: 'Shane Pike'; 'Casey Serin'
Subject: RE: Terms
Casey,
Please print a copy of the agreement. This is a temporary one until we see how things go. We will replace it with a more formal one soon. Sign the agreement and fax to 888-326-1219. As soon as I receive and you have our ad on your site I will overnight a check to you.
What is your address?
Duane LeGate
1/16/07
Side note:
Wow... I am #3 in Google for "Hardship Letter". That's a pretty good search term. That's people who are trying to work short sales or something similar. Although, they are probably already working with someone at that point... But still a good search term.
Back to the TERMS:
1) I've been thinking about advertiser pricing a bit. Any chance we can do $2,000/month since it's an exclusive spot in the sidebar. In return I can do several good quality posts about HBN as I begin to investigate and continue to mention your company in the posts with every available opportunity.
2) And how much of our agreement can I share on the blog.
I think it will be very positive if I say that I have a sponsor and I'm sending the entire 2K/mo towards my debt. That will justify my investment of time into the blog.
3) How long of a trial should we define? How about 1 month. This way after a month we can both evaluate and see if this relationship is "win-win"
4) I still need to talk to Chris (I will see him tonight) about REI.TV. I suspect that it's going to interfere with what I'm doing with him. I'll get back to you tomorrow about it. What you be willing to proceed with our deal without the REI.TV for now?
--
Casey Serin
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Tuesday, January 16, 2007 12:42 PM
To: 'Casey Serin'
Cc: 'Shane
Subject: RE: Terms
Casey,
You are viewing life to short term... 1500 a month is plenty for a one month trial. If your site can do what I think, you will be paid handsomely.
Lets leave off rei.tv for now. If we come to an agreement on employment and or a buyout of your site, we will include rei.tv
I have no problem with you discussing our one month trial on the site. I don't want you to discuss anything about me or use my name without approval.
I want to approve all blog posts with respect to HBN or any of our web properties.
Call me tomorrow morning to discuss further. If you agree to the changes you and I have made, print and fax and I will cut you a check.
Duane LeGate
1/16/07
Ok 1500 sounds good for a one month trial... I'll take whatever I can (begger's can't be choosers right?)
Approving posts... How about approving just the ones that deal with HBN.
Are you really willing to approve EVERY one of my posts? I like to post something every 1-2 days. That might be a lot of work and I don't want to have too much of a delay when new stuff happens.
--
Casey Serin
1/16/07
Sounds good... Do you have a formalized agreement or just print out the following that Shane sent:
=========
Here are the specific terms of our agreement for this month.
We will pay you $1,500 through February 15, half now and half at the end.
In return, you will:
1. Make HBN the exclusive advertiser on your blog.
2. Add an HBN ad to your sidebar (which we will provide). [That ad
will expand to include REI.TV once we launch REI.TV.]
3. Post at least two posts about HBN that include links to the HBN
homepage on either we buy houses (preferably) or home buyers.
[4. Post at least two positive posts about REI.TV after it launches.]
===========
I would take out stuff about REI.TV for now and add the following:
* The term of this agreement is one month from signing, after which time both parties have the right to re-negoatiate
* Before posting Casey must get prior approval of any blog entry that contains information about House Buyer Network
1/16/07
From: Duane LeGate [mailto:duane@housebuyernetwork.com]
Sent: Tuesday, January 16, 2007 1:50 PM
To: 'Casey Serin'
Subject: RE: Terms
I have to leave now.. when do you think you will sign and send and put the ad up?
Duane LeGate
1/16/07
Duane, lets confirm everything tomorrow morning... By then I will also clear it by Chri.
How early can I call you?
--
Casey Serin
Duane, how about this for the final terms:
=================
House Buyer Network (HBN) will pay Casey Serin $1,500 for advertising From Jan 19th, 2007 to Feb 19, 2007. Half upfront and half at the end.
In return, Casey Serin will:
1. Make HBN the exclusive advertiser on your blog.
2. Add an HBN ad to the sidebar using provided HTML code.
3. Post at least two posts about HBN that include links to the HBN homepage about "We Buy Houses" service to help people who are facing foreclosure.
4. The term of this agreement is one month from signing, after which time both parties have the right to re-negoatiate.
5. Before posting Casey must get prior approval of any blog entry that contains information about HBN.
==================
If that looks good I will print it, sign it and fax it to you and setup the ad by tomorrow morning. What's your fax number?
1/18/07
Here you go Duane, I will get the ad up later today or tomorrow morning by the latest
You can wait until you see the ad before sending the check if you want:
1420 E Roseville Pkwy, Suite 140-331
Roseville, CA 95661
--
Casey Serin
Bonus image from a loyal reader. Enjoy.
Place Your Bets
Three bets actually or make up your own. I'll take all the suggestions and put up some click polls.Visits per day one month from now?
Odds of a PayPal raid by creditors?
Uptime for IAFF this week?
The hosting bill this month?
P.S. Would someone please photoshop that second monkey below?
Tuesday, May 22, 2007
Endangered Species Act Extended to Cover Realtors®
Remember as a protected species do not approach and never ever feed.
Breaking news! An increasingly rare cousin Mortgagus Brokerus var. pleatherii axesmellus has been found in the wild and added to the list.P.S. could someone put sunglasses on that poor thing. I'm tired of looking at the beady eyes.
Itsallcashback Upfront
Aspiring foreclosure portal IAFF administrator Casey Serin has all but met (on paper) his one week goal of $1000 by selling 4 weeks of adspace. The traffic numbers seem to bear out that tthis is a good deal for the advertisers. Good for him. 'Scourse he is front loading all this months' income in the first week but no doubt more one trick ponies wait in the wings. I expect his creditors are overjoyed as well at their good fortune. Any bets on how long before Cashcall places a "hold" on his PayPal account?
Robert Shiller is Wrong
"From 1890 through 1990, the return on residential real estate was just about zero after inflation." - Robert Shiller
Let us examine this through direct comparison rather than average or medians . Anyone care to live in an 1890 original condition home? No garage, several hundred sq feet, maybe a tub and toilet, soapstone sink, wood stove?, coal furnace at 20% efficiency, etc. etc. ? 1950? How about 1970? Ahh now were are getting close. You'd still be looking at a smallish place and be lucky to get the 2 car garage. You might also find yourself with aluminum wiriing and that original aluminum siding and some nice formaldehyde insulation and asbestos lineoleum tiles and 1 1/2 baths, single pane windows, 60% efficient oil burner heating, etc. etc.
No, Schiller has it all wrong. The median 1890s house has not kept pace with inflation unless it has been subject to continious homeowner improvements to keep it nearer in quality and size and ammenities to the latest medians. Moving target.
Let us examine this through direct comparison rather than average or medians . Anyone care to live in an 1890 original condition home? No garage, several hundred sq feet, maybe a tub and toilet, soapstone sink, wood stove?, coal furnace at 20% efficiency, etc. etc. ? 1950? How about 1970? Ahh now were are getting close. You'd still be looking at a smallish place and be lucky to get the 2 car garage. You might also find yourself with aluminum wiriing and that original aluminum siding and some nice formaldehyde insulation and asbestos lineoleum tiles and 1 1/2 baths, single pane windows, 60% efficient oil burner heating, etc. etc.
No, Schiller has it all wrong. The median 1890s house has not kept pace with inflation unless it has been subject to continious homeowner improvements to keep it nearer in quality and size and ammenities to the latest medians. Moving target.
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