January 25th, 2007   1:56 pm

Erin Morgan (PrLinkBiz) and Joy O’Day - NO DEAL!!

For those who have been on this blog for a while you might remember PrLinkBiz of NoLimitsLadies.com and the Phoenix investor. Here are some old posts to refresh your memory:

Here is a recap of the story with a few more details:

  1. Via the USA Today article, Erin Morgan (aka PrLinkBiz) facilitated me getting some face-time with Robert Kiyosaki (watch the video). At first she made it seem like she wanted nothing in return, but to simply help me out, encourage me and “see me win”.
  2. Then there was some talk about getting hands-on help and/or doing a “mentorship” from Joy O’Day (aka Phoenix investor lady) in exchange for writing a book together or something like that. I didn’t know exactly what she had in mind but I said “sounds good” and wanted to look into it. At the same time I was talking with The East Coast mentor about doing a mentorship too but on different terms. I started moving forward and doing my due diligence on both deals so that I can choose the best one.
  3. Well apparently, Erin took my “sounds good, lets talk about it” as “lets DO IT NOW!”. Because the next day, she sends me this “contract” without even considering my needs and discussing the terms. Then we get on a 3-way chat online and both ladies are pressuring me to sign this contract.. NOW!
  4. I only had a few moments to glance at the contract before the chat and it looked like I was going to be signing my whole story away to them. That really bothered me and I was confused with the rest of the verbiage because as you can see below its very vague. I kept thinking - why is there so much pressure? I was REALLY concerned over the whole thing I was really questioning their true intentions. Up to that point I truly believed that they were looking out for my best interest (I am too trusting).
  5. I refused to sign the contract that night but told them I want to see them in person first. Erin give me an ultimatum at first (”you need to make up your mind by noon tomorrow”) but then reluctantly agreed to wait until I come to Phoenix.
  6. When I got there, I didn’t know what to think. However, because they were very nice to me and were still willing to facilitate the Robert Kiyosaki meeting I begin to reconsider my concern about their intentions. I thought, maybe they ARE really trying to help me out. And maybe the whole pressure to sign a last minute deal was a big mis-understanding on my part or perhaps I move too slow for them. I was still giving them the benefit of the doubt.
  7. After meeting Robert, I think I was what they call “star-struck”. I say that because I believe I was acting on pure emotions (and my already impulsive nature) when I decided the next day to just go ahead and sign this deal with Erin and Joy. Yes, I still had my concern about what the implications of the contract meant, but I sort of put that on the back-burner. I impulsively chose to trust these two ladies again and figured they are looking out for my best interest and would not screw me on this deal, even though I didn’t fully understand the implications.
  8. Then after I signed the deal I started to get a queezy feeling in my gut, as if I just made a terrible mistake. I proceeded to ask the ladies about what their plan was for me next. After talking for about 20 minutes I realized they don’t really have a plan!! They said that everything is still up in the air and we are going to BRAIN-STORM a plan now. There was also talk about me staying in Phoenix for a while and other crazy stuff that we never talked about before. I was under the impression that they had an actual plan for me! Right then, I remembered the offer from The East Coast Mentor and (he actually had some kind of a plan). And I thought how STUPID it was for me to rush into this deal with Erin/Joy without fully comparing both offers first. Yet another impulsive decision!!
  9. Right then I also realized that I never talked to my wife about all this (I just figured she would support me either way). I saw my escape. I excused myself and went outside to call my wife. She was pretty upset with me and confirmed how STUPID and IMPULSIVE it was for me to rush into this deal without meeting The East Coast Mentor face-to-face, which I was going to do right after the Phoenix trip. (The mentor even offered to pay for the trip!)
  10. She told me I need to rescind that contract immediately or ask them to void it one way and to give me time to think about it. I came back to the room and asked to be taken back to the hotel.
  11. On the way back I apologized to Erin for going back-n-forth and told her I need more time. I also asked her to VOID the contract. She REFUSED!
  12. I flew back to Sacramento and ended up loosing the East Coast Mentor too through all this. So I was back to square one, except for the meeting with Robert Kiyosaki, which was, of course, awesome.
  13. Ever since then I have been nicely asking Erin to void the contract or find a way to SETTLE IT. She has been largely ignoring me. Then finally I talked with her and offered to reimburse all the expenses her and Joy spent on me during the trip (a couple of lunches and one night at a hotel room). She said she will get back to me. She also said there is somebody who wants to buy my blog and if she gets a cut from it, we may be able to settle.
  14. Then there was some side fight between Yneone and Prlinkbiz / Erin which spilled over to my blog. Erin called me and ordered me to remove every comment by Yneone. I told her I’m not going to do that because I didn’t want to get in the middle of their fight. Plus I DID edit out the name “Erin Mortgage” from Yneone’s posts to protect Erin’s idenity. I told her that I keep this blog very organic. If I start deleting too many posts people will star thinking I’m spinning the story or something. So I told Erin I’m not going to touch those comments.
  15. That’s the last I heard from Erin. I tried to call her several more times and tried to meet when I went to Phoenix area for the second time. At least Joy has been showing me some professional courtesy and returning some of my calls and emails. Also Joy was nice enough to give me back the signed copies of Why We Want You To Be Rich book so I can send it to Todd for sponsoring my first Phoenix trip.
  16. Keep in mind, this ENTIRE time I have been saying nothing but GOOD things about both Joy and Erin. Look at all my old posts and see. I really am still very grateful to Erin for bringing the whole Robert Kiyosaki thing so I continued to respect the Non Disclosure Agreement I signed with them and have not revealed any more on this blog than they allowed me.
  17. Then I started talking to Duane LeGate of HouseBuyerNetwork and REI.TV about advertising, sponsorships, and future possibilities. He seemed like a guy who genuinely wanted to help me as long as I “start taking full responsibility and commit to doing everything the right way”. However, he wanted me to come clean with EVERYTHING that might be a potential liability. I told him about the contract and that the ownership of “my story” may be in jeopardy. He told me he needed to see the contract before investing any money or time into my blog to prevent issues with future liability. I told him this might violate the NDA. He told me not to worry about it. I didn’t want to lose this opportunity to move towards financial stability. So I let him see that contract.
  18. After seeing the contract he pretty much laughed at it at the same time voiced his disgust with Erin and Joy because it look like they were just trying to take advantage of me. Yes, he said it was really STUPID of me to sign this contract and now I will have to deal with the consequences. He told me I need to get that contract voided or it might still have potential to come back and bite me in the butt. He even offered to call the ladies on my behalf. I think he tried speaking with Joy but she hung up on him.
  19. Duane was gone on vacation during the holidays and we just recently picked up our talks. At this point we’re ready to move forward with our sponsorship but this contract is still an open loop.
  20. Yesterday Duane advised me to simply post the contract on this blog and let the whole world see “how ridiculous it is” - which would in essence “call their bluff”. (loosely quoting)

Before doing that I send out one last email to both Joy and Erin to see if we can find a way to resolve this issue. Joy called me back and the first thing I heard is something about “thanks for letting me know so I can get my lawyers on this”. I ignored that statement and tried to talk to her as a person.

I once again tried to nicely explain/revisit my whole situation… again I apologized for rushing into the contract and backing out the same day… I reasoned that since no services have been performed on either side, “Why are you guys still holding me hostage with this stupid contract?”. I tried to ask her to get Erin to please give me a call and stop ignoring me.

She talked with me for a while and basically told me that “It’s not personal, its business”. She finally broke down and said something along the lines that Erin is ignoring me and basically keeping this contract in her back pocket for the future - when I become successful and actually have money to go after.

She also said that since I got Duane involved with me now they can go after both of us, because now there is “something to go after”.

After I heard all this I hung up the phone. There was no more talking about it. At this point any remains of any trust, any respect, and any “benefit of the doubt” about their true intentions completely disappeared. I rarely talk/think bad about anybody and I HATE to burn bridges. So this is out of character for me, but I’m going to make the following statement:

I am now convinced that Erin Morgan (PrLinkBiz) and Joy O’Day want nothing else but to SCREW ME and to TAKE ADVANTAGE of my situation.

Don’t mis-understand me. It’s still my fault for singing something and backing out. I am not trying to dodge my responsibility. I do deserve the consequences that I am experiencing right now.

However, I repeatedly tried to settle and own up to it. And the way I am being treated/ignored is just NOT RIGHT. This crossed over from “business” into “personal” a long time ago. So no more “Mr. Nice Guy”.

Based on Duane’s advice, here is that contract for all to see:

CASEY SERIN AGREEMENT

Tao Realty LLC, known as Joy O’Day, and Casey Serin below signed hereby enter into this Agreement on behalf of themselves, their heirs, known and owned companies, successors and assigns, and set forth following terms and conditions as constituting the Agreement in its entirety:

  1. The agreement shall go by the following name: Casey Serin
  2. The parties’ principle place of business shall be governed in the state of Arizona.
  3. The first day that the agreement shall begin business is: October 27, 2006
  4. The agreement’s operations shall be primarily in the following field or area of Promotions, Publishing, written content, E book, Web casts, Pod Casts, CDs, Motion pictures of all sort, Interviews, News Articles, Blogs, Radio, Audio, and any and all Public Relations.
  5. The agreement shall be capitalized as follows: Casey Serin will submit all written content, web content, future royalties, intellectual property, contacts, personal information, property information, lenders information in exchange for mentoring and guidance in his current real estate situation. Tao Realty LLC themselves, their employees, Independent contractors, Associates, owned companies, successors and assigns make no guarantees to the outcome of the current situation. Casey Serin agrees to hold harmless all parties noted above for any financial, public or personal hardship that may arise. Casey understands that Tao Realty LLC is not acting as any real estate professional, tax or law specialist. All laws and conditions are different in every state Tao Realty LLC is not presented as an expert in any form or fashion.
  6. Losses and gains on contributed control, capital and other property shall be Assigned as follows: Tao Realty LLC shall provide the client with effort to the fullest extent allowed by law and have full control over all media of any form involving Casey Serin. Casey Serin agrees to a non-compete position irrelevant of individual state laws for up to 10 years after the project dismemberment. All media, publications, including but not limited to advertisements; print, radio or otherwise, web sights, blogs, books etc will not release any client of Tao Realty LLC or any affiants as a client of in any manor.

    The IRS’s general allocation rule and an independent contractor 1099 shall apply when applicable

  7. Salary, if any in the future, for the services rendered shall be determined by Tao Realty LLC.
  8. This agreement shall remain in effect by both parties, their heirs, known and owned companies, successors and assigns upon retirement, death or incapacity of any partner.
  9. Upon termination or dissolution of the Agreement, the Agreement will be promptly liquidated, with all debts being paid first, prior to any distribution of the remaining funds. All remaining fund will be the sole property and earnings of Tao Realty LLC.
  10. Any controversy or claim arising out of or relating to this Agreement, or the breach thereof, shall be settled by arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association, and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.

So agreed, this 27th Day of Ocotber 2006.

And here is another thing I signed:

STATEMENT OF AUTHENTICITY

Tao Realty LLC of a nonexclusive license all copyrights arising under common law and all rights derivative therefrom, inclusive of the right to publish all or part of the submitted writing.

By Submitting the content, Casey Serin grant further permission to Tao Realty LLC to use his name and photos, also to publicize the writing, all without royalty or consideration.

This is an exclusive license. Tao Realty LLC retains all rights to Casey Serins work, including the right to publish or submit to others for publication.

STATEMENT OF AUTHENTICITY:

By signing this form, I am certifying that my writing is the sole creation of my own efforts and ideas. I understand that plagiarism is a crime defined as the use of another’s words, ideas or expressions without acknowledging their source. I further understand that plagiarism is grounds for immediate legal action.

I certify that all statements and information contained herein and in all my materials
submitted by me are true, correct and accurate to the best of my knowledge and belief. I further certify that the writing was written solely by me and is my original work.

And the NDA:

NON-DISCLOSURE – CONFIDENTIALITY AGREEMENT

This AGREEMENT is entered into by and between Casey Serin, Erin Morgan, and Joy O’Day as Tao Realty LLC, having a principal place of business in the state of California and Arizona (hereinafter RECIPIENT) Casey Serin and, Erin Morgan and Joy O’Day as Tao Realty LLC (hereinafter DISCLOSERS).

Witnesseth:

Whereas, DISCLOSER possesses certain confidential and proprietary information relating to any names, customers, vendors, subcontractors, software, technology, internet technology, business ventures and goals (all such information collectively referred to as “CONFIDENTIAL INFORMATION.”)

Whereas, DISCLOSER is willing to disclose certain CONFIDENTIAL INFORMATION to RECIPIENT for purposes of evaluation and/or for performing services for DISCLOSER and RECIPIENT is willing to receive such disclosure subject to the terms and conditions hereinafter set forth.

Now, therefore, RECIPIENT in consideration for the opportunity to review the information presented by DISCLOSER hereby agrees to the following terms and conditions of such disclosure:

  1. RECIPIENT agrees it will not use, will not disclose and will hold in confidence DISCLOSER’S CONFIDENTIAL INFORMATION, generally described above, except as expressly permitted by this Agreement, and that any product(s), technical information, programs, drawings, designs, diagrams or other documents associated therewith as well as discussions related thereto shall remain the property of and proprietary to DISCLOSER, may not be reproduced by RECIPIENT without the written consent of DISCLOSER, and shall be returned to DISCLOSER promptly upon written request by DISCLOSER.
  2. RECIPIENT agrees to make CONFIDENTIAL INFORMATION available only to those persons within its organization as are necessary for evaluation thereof and/or for performing services for DISCLOSER, and that RECIPIENT shall inform each employee, agent or officer who receives such information of the confidential nature of the information and the conditions contained herein. Confidential information includes the DISCLOSER’S customers, and the RECIPIENT agrees that no contact with the DISCLOSER’S customers can be made or attempted without prior written consent from DISCLOSER.
  3. The CONFIDENTIAL INFORMATION referred to herein and not excepted under any of the provisions set forth in Section 3 shall be considered confidential permanently measured from the date of its receipt, in any form, by RECIPIENT and shall extend to subsequent disclosers of CONFIDENTIAL INFORMATION generally referred to herein.
  4. This Agreement is personal to RECIPIENT and shall be governed by the laws of the state of Arizona to the extent applicable.
  5. If any restriction or provision contained in this Agreement is too broad to permit enforcement to the extent permitted by law or is declared to be invalid or unenforceable by a court of competent jurisdiction, such restriction or provision shall be modified by the court to the extent necessary for enforcement or validity, or if impossible shall be severed from the Agreement, with the remaining provisions to be enforced.
  6. Person(s) executing this Agreement on behalf of RECIPIENT personally warrant and represent that they have been authorized to sign this Agreement on behalf of RECIPIENT and to legally bind their respective employer.

So there you have it.

  1. Does this look like a win-win […] deal?
  2. Is it right for Erin Morgan (Prlinkbiz) and Joy O’Day (Tao Realty, LLC) to take full ownership of my story and offer nothing SPECIFIC in return?
  3. Is it right for them to be ignoring my repeated requests to cancel or settle?
  4. Is it right for them to continue preventing me from safely moving forward with sponsorships on this website?
  5. Is it right for them to sabotage my ability to make any money from my story in the future?

You be the judge!

Please don’t get me wrong… this is not really “about my story” in a conceited kind of way. Right now I’m in financial trouble and I need to start making money to pay the bills. At this point I don’t care about my story other than I am able to use the story to help other people and at the same time make some money on this blog through sponsorships, etc. So this is about me moving forward and digging out of this mess.

I’ve made plenty of attempts to “take responsibility” for signing this contract by trying to settle. They continued to ignore me. No more! I’m tired of playing those childish games. The whole thing is out and I’m moving forward! No deal!

And I don’t want to hear all this crap about how I deserve this because I “screwed” all my lenders with my “liar loans”. I took those loans out with FULL INTENTION to repay. Most of the cash-back money went to float the payments and towards repairs.

My intent was never to defraud ANY lenders by defaulting on these loans. I used “liar loans” because it was common in the industry and seemed justifiable. I made mistakes with my deals and my repairs. The market crash also didn’t help me much. I was naive and inexperienced. My business failed. That’s it!

Go study the stories of REAL criminals and mortgage scammers and tell me how my story compares. If I knew I was committing “mortgage fraud” I would have never done it. Now all i’m trying to do is find the most honest and ethical way out of this. I’m tired of all this HATE for me!

=====

(Sorry for all this drama guys, very emotional post today. We’ll be back to my foreclosures, my wife’s credit cards, the top 5 ignored advice and other stuff in just a bit.)

349 Comments

  • 1. Jim
    January 25th, 2007 at 2:08 pm

    Hey dude, way to go! Signing the contract was stupid but at least you have some balls in publicly exposing these peoples’ true intentions. Now if only you’d start attacking and exposing your gurus, crooked mortgage brokers, appraisers and so on, we’d have some real fun with this!!

  • 2. EL Toro Energy
    January 25th, 2007 at 2:11 pm

    Casey is now upset because someone tried to screw him!!!! IMAGINE THAT, our dumba$$ clown is upset.

    ha ha ha ha ha ha ha ha………(oooppppsss I feel off my chair)

    I guess it is ok for Casey to rip off and defraud people but when his is taken for a ride look how fast he calls them out.

    CASEY SERIN IS A LIAR, THEIF, CROOK, HAS NO MORALS AND ANY ONE THAT DOES BUSINESS WITH HIM IS A CROOK BY ASSOCATION. I can’t wait until you are put in jail.

  • 3. Punch My Ticket
    January 25th, 2007 at 2:13 pm

    Well, Casey, you’re lucky this time. That’s not a contract. It’s a meaningless jumble of words. Any lawyer can attack it on numerous grounds.

    Ambiguity. Lack of consideration. No meeting of the minds to begin with.

    It’s unenforceable. Don’t waste another penny calling these twits.

  • 4. Miguel
    January 25th, 2007 at 2:13 pm

    “Is it right for Erin Morgan (Prlinkbiz) and Joy O’Day (Tao Realty, LLC) to take full ownership of my story and offer nothing SPECIFIC in return?”

    Yes, because you signed a contract granting them permission.

    “Is it right for Erin Morgan (Prlinkbiz) and Joy O’Day (Tao Realty, LLC) to be ignoring my repeated requests to cancel or settle?”

    Yes, because you signed a contract granting them permission.

    “Is it right for Erin Morgan (Prlinkbiz) and Joy O’Day (Tao Realty, LLC) to continue preventing me from safely moving forward with sponsorships on this website?”

    Yes, because you signed a contract granting them permission.

    “Is it right for Erin Morgan (Prlinkbiz) and Joy O’Day (Tao Realty, LLC) to sabotage my ability to make any money from my story in the future?”

    Yes, because you signed a contract granting them permission.

    Sorry, Casey, but that’s what a contractual agreement means. And that’s why people generally consult lawyers before signing them, especially if they contain clauses that they don’t fully understand.

    But hey, lawyers are loosers who waste years of their lives with all that edyukayshun BS when they could have been chasing those sweet, sweet deals. Am I right?

  • 5. UnREal
    January 25th, 2007 at 2:14 pm

    Moron.

    You say No Deal now, but by signing a few months ago you already made the deal.

    Now you’ve broken the confidentiality portion of the agreement, good move there slick.

    One way that it looks like you could get out of it is to retire. You could retire from the RE industry(which everyone wishes you would do) Do not pull a Michael Jordan and come out of retirement. Stay retired, thus ending the agreement.

    Now I’m no contract attorney, but it would be worth looking into.

    I think you got some bad advice on displaying the contract. While interesting to see all it will do is create more “haters” that cannot believe that you even agreed to sign this.

    You do not understand business, AT ALL! No one does business just to help the other person, two people enter into business when it is mutually beneficial to both. That does not keep one party from trying to screw over the other, but hey if the other party is STUPID enough to let it happen, hey, that’s business.

  • 6. Not any clearer
    January 25th, 2007 at 2:15 pm

    Casey,

    You really aren’t too bright are you. You want to break a contract so you can “sell” your same “rights” to Duane.
    Answers to ?’s -

    No
    Yes
    Yes
    Yes
    Yes

    Casey considering the thing you’ve done you’re the last person who should demand benevolent intentions from anyone. You haven’t had a win-win deal, and the way you operate guarantees a big lose on one end of the transaction.
    Cut the pretense, and own up to what your doing. It also seems that you are just begging for a fight with the NLL and if the do fight back , just what are you going to do? Talk about impulsive, you’re at it again. You think Duane is going to have your back if the going gets tough? I do agree with your FU to the NLL, but we were already there, we (haters) never cared for her either. What the point of the whole melodrama.
    Where’s the education you promised?

  • 7. Kegger
    January 25th, 2007 at 2:18 pm

    So basically they own a worthless piece of paper from a guy that will not ever amount to anything. Ya what a real steal from them. Give me a break , your not going to make anything off this site and neither are they , so whats the big fuss about?

  • 8. Yougottabekiddingme
    January 25th, 2007 at 2:21 pm

    No, you idiot, it’snot right for someone to screw over someone else. Like you screwed over all the lenders, the buyers of the Utah property (status anyone?), etc.

    However, they were pretty upfront about what they wanted (you, your story, your profits, etc) and what they were willing to give you for it (nothing, as defined by “to be determnied later). AND YOU AGREED TO IT.

    That’s the difference - you lied when you screwed over everyone else; they didn’t lie about wanting to screw you over.

    Oh, I almost forgot - LOVE the revisionist history you give!

  • 9. Eric
    January 25th, 2007 at 2:24 pm

    I thought for a contract to be enforceable, both parties have to bring/give something to it.

    If they haven’t given you anything they can’t hold you in the contract. However if they have offered and you refused, that’s another story.

    Before you sign anything it should at least be reviewed by you, and should be reviewed by a lawyer. And remember when people are trying to force you to make a decision, it usually is a huge warning sign. Unfortunately you missed about 10 warning signs and pretty much walked off the cliff.

  • 10. Hi...I'm Dolph DeRoos
    January 25th, 2007 at 2:27 pm

    Answering your questions by #:

    1) No it does not look like a win-win deal (sweet is stupid, stop using it - makes you sound naive and childish). But you signed it. Why sign something because these gals set you up to meet a questionable guru that you so admire.

    2) No it’s NOT right they take full advantage, but then again Mr. Karma kid, it isn’t right for you to lie on loans. So basically, karma bit you hard on this. Overall, they tried to take you, you agreed in full and now you want out. Seems weak if you ask me. Don’t sign ANYTHING without consulting a freaking lawyer. ANY smart entrepreneur knows this. You claim to be gifted, why couldn’t you get over the exuberance of meeting a waste of time like Kurosaki (or whatever his guru name is) and do the right thing…and that is NOT signing such a lopsided deal?

    3) It is NOT right for them to ignore your repeated requests to settle, but then again don’t you do that when you ignore the mail? I mean you’ve done this to lenders? Why get so worked up? Apparently neither of you people are very professional. For example, I return all email and requests within a DAY. But again, they were wrong not to discuss this with you.

    4) Is it right for them to prevent sponsorships on this site…hmmmm…Yes and no. YOU signed the deal my little friend so basically they do have a right as outlined in the agreement you signed. Why sign something without knowing the potential risks? Oh yes, you do that regularly. No surprise (and I am NOT hating on you so give it up).

    5) Is it right for them to keep you from making money on your story? Yes and no. YOU signed a deal you had no business signing and now you want out. I see this everyday in the entertainment business. People sign things and then whine when they didn’t do proper due diligence BEFORE signing the deal. Guess what? They should NOT keep you from making a few bucks selling your pathetic story which NOBODY will care about in a year from now. But YOU signed a deal. How clear do I need to be on this? YOU did this to YOURSELF. NOW TAKE RESPONSIBILITY AND DEAL WITH IT.

    If you don’t like it, sue them. I am quite sure a judge and jury would agree 100% with me that YOU screwed up when YOU signed this thing.

    Not posting this will result in me posting this elsewhere…so allow me to “contribute” okay?

  • 11. John
    January 25th, 2007 at 2:28 pm

    Casey,

    While I am sadly not surprised that you managed to nearly sign away really the only asset you have — your story — for no consideration, I think you should draw some relief from the fact that I also feel that it is unenforceable. There is no consideration, no termination clause, nothing. I would ignore it.

  • 12. Casey's wife's credit cards
    January 25th, 2007 at 2:32 pm

    Have you paid me yet? I don’t want my 500 FICO score to go any lower.

  • 13. sean-sisb
    January 25th, 2007 at 2:34 pm

    Casey: Simon Cowell said to a contestant on American Idol the other night: “sweetheart, if you want to succeed in show business, if the other person is down, kick them”.

    That’s precisely what PRlinkbiz did to you. They saw what they thought was a chump, somebody who they can fly out like he’s a superstar.

    Let me tell you this Casey: Simon Cowell is right. Nobody is ever looking out for YOUR best interest, ever. How you look at the world as a sugarcoated candyland is beyond me, but, people truly are out to take advantage of one another.

    You want to succeed in this capitalist economy? You learn real quick to exploit others. That’s the way it works.

    You’re being exploited on the price of gas, the $50k note, marketing that convinces you that wheat grass is any good for you; the seminars, the promises, the “education”.

    Casey, you are like my 23 year old girlfriend in a lot of ways. She looks at the world through rosey lenses as you do. I’ve been training her to think like a pitbull that was just slapped across the jaw. Recently, she was able to get a person fired, she’s gotten a raise, and a few other bonuses. She’s playing the game as it was meant to be played.

    F*** the golden rule. The silver rule: “do unto others before they do unto you”. Leave it. Breathe it. Savor it.

  • 14. Eric
    January 25th, 2007 at 2:34 pm

    Oh and also, “loosing”, how many times? I think you just put it in there to distract everyone else from the actual issues.

  • 15. Bubble Sitter
    January 25th, 2007 at 2:36 pm

    This is what the lenders would be saying about you if they had a blog:

    * I gave Casey Serin, an unemployed 24 year old $2.2 million in loans that he has no intention of paying back. Does this look like a win-win sweet deal?
    * Is it right for Casey Serin to take full ownership the property and offer nothing AT ALL in return?
    * Is it right for Casey Serin to be ignoring my repeated requests to bring his loan balance up to date?
    * Is it right for Casey Serin to continue preventing me from safely moving forward with payments on these loans?
    * Is it right for Casey Serin to sabotage my ability to make any money from loans in the future?

    The shoe is on the other foot. I don’t feel sorry for you in the least bit. Although, you can probably get out of the contract, you now know how it feels to be screwed over like how you screwed over the lenders.

  • 16. Voice of Reason in a World Gone Mad
    January 25th, 2007 at 2:37 pm

    This contract is NOT ENFORCEABLE. Forget about it! There was no consideration. As an aside, it’s got to be the most poorly constructed “contract” I’ve ever seen. You now have one less thing to worry about.

  • 17. ** Ego **
    January 25th, 2007 at 2:40 pm

    I am not a lawyer, but I think that the contract is too vague and ambiguous, which may give you a chance to get out of it. Here are my *non-professional* opinions:

    1.) “Casey Serin agrees to a non-compete position irrelevant of individual state laws for up to 10 years after the project dismemberment. ” - this is probably illegal or at least not legally binding. Many contracts have stuff like this, but it is in fact meaningless.

    2.) “Casey Serin will submit all written content, web content, future royalties, intellectual property, contacts, personal information, property information, lenders information…” - they “own” you, but this actually may play out against them too.

    3.) “…in exchange for mentoring and guidance in his current real estate situation” This is extremely vague and this is probably the part which will be in the center of the dispute.

    Contact a real lawyer asap and consult with him about the contract.

  • 18. Ruh Roh
    January 25th, 2007 at 2:43 pm

    There are some conditions that make a contract unenforceable, but it has been 30 years since I took business law.

    1. Fraud vitiates a contract
    2. Duress
    3. Incompetence
    4. Underage of 18

    cannot remember the rest, but I’d try #3 if I were you.

  • 19. Kasey
    January 25th, 2007 at 2:44 pm

    Sorry to say Casey, but that is a contract. There’s no law saying a contract has to make sense or has to have certain wording. Everything you signed will hold up in a court of law. Unfortuntately, you are worth $0.00 so it’s not like they can get any monetary judgments against you. And since your homes will be foreclosed they can’t put any liens against you. But, and a big BUT, if you ever do come out of this and they decide to sue you, you would surely lose. But then again, you wouldn’t listen to an attorney any how.

  • 20. ratlab
    January 25th, 2007 at 2:45 pm

    “Is it right for Erin Morgan (Prlinkbiz) and Joy O’Day (Tao Realty, LLC) to sabotage my ability to make any money from my story in the future?”

    Um, are YOU allowed to make money from your story since it was based off of fraudulent activities?

  • 21. Stephanie J.
    January 25th, 2007 at 2:46 pm

    Have you shown this to your attorney?

  • 22. microtherion
    January 25th, 2007 at 2:48 pm

    Tao Realty LLC, known as Joy O’Day, and Casey Serin below signed hereby enter into this Agreement on behalf of themselves, their heirs

    Wow! You literally signed away your potential firstborn here.

    Does this look like a win-win sweet deal?

    No. It further demonstrates that you are not very good at evaluating proposed deals. You pride yourself in your dealmaking ability, without taking into account your utter inability to tell bad deals from good.

  • 23. Casey Serin
    January 25th, 2007 at 2:51 pm

    I added some more to the post to clarify my positions / feelings on this… here it is in case you missed it above.

    –

    Please don’t get me wrong… this is not really “about my story” in a conceited kind of way. Right now I’m in financial trouble and I need to start making money to pay the bills. Right now I don’t care about my story other than I am able to use the story to help other people and at the same time make some money on this blog through sponsorships, etc. So this is about me moving forward and digging out of this mess.

    I’ve made plenty of attempts to “take responsibility” for signing this contract by trying to settle. They continued to ignore me. No more! I’m tired of playing those childish games. The whole thing is out and I’m moving forward! No deal!

    And I don’t want to hear all this crap about how I deserve this because I “screwed” all my lenders with my “liar loans”. I took those loans out with FULL INTENTION to repay. Most of the cash-back money went to float the payments and towards repairs.

    My intent was never to defraud ANY lenders by defaulting on these loans. I used “liar loans” because it was common in the industry and seemed justifiable. I made mistakes with my deals and my repairs. The market crash also didn’t help me much. I was naive and inexperienced. My business failed. That’s it!

    Go study the stories of REAL criminals and mortgage scammers and tell me how my story compares. If I knew I was committing “mortgage fraud” I would have never done it. Now all I’m trying to do is find the most honest and ethical way out of this.

    I’m tried of all this HATE for me!

  • 24. Me, but under a different name
    January 25th, 2007 at 2:52 pm

    I’m a regular here and have a background that is perhaps useful - I’m an author of two books, been on Oprah, been in almost every major women’s magazine and so on. I have been a spokesperson for several national campaigns with TV, radio and print interviews, use of my photo and name, etc.

    First, I hope that you can rescind this contract (and get a REAL lawyer to advise you - Duane may have insights, but entertainment law is its own thing and I doubt he has relevant experience). Perhaps your out is that you signed under duress or perhaps a mental instability defense??? ;-) Seriously though, you need to get it officially and finally killed off. And you need that in WRITING. Ignoring them based on advice from someone who is not your hired legal counsel is just plain silly and too trusting (and yes, Duane seems on the up and up so far, but that is, as you are learning, not the reason to place trust in someone’s palms, especially given your track record of not being a great judge of character).

    Second, you have many many debts, and only one asset. That asset is not your “magical touch” (yeah, right), it is simply your notoriety as the poster boy for gullible investors who lost their shirts in the great bubble burst of 07. If you pull out of this and end up a success, your story will be worth a lot if you play it right. Believe me, if you want to do the publish a book, be a spokesperson, do cheesy public speaking etc. route, it can be lucrative (e.g. I still get a daily rate of $8,000 for spokesperson work, and that is 5+ years after my 15 mins of fame came and went. Some of it is not worth it - I hated the public speaking stuff because you end up hanging out with cheesy public speakers and the hangers on at self improvement conferences, and that got under my skin so quickly that I was out of the world as fast as I could be). But I digress…

    Because you have the potential to have a saleable story, you should NOT sell it to ANYONE. Period. When I am a paid spokesperson, I lend my name, likeness, wise words, etc. for a very specific period and purpose. I always retain the rights to me, my writings, etc. e.g. my first book deal says “the Author grants to the Publisher during the full term of copyright and all extensions thereof the full and exclusive rights comprised in the copyright of the work…” etc. i.e. they owned the rights to one specific work for the period of that contract for US only. I could then get more $$ when my book was translated into Japanese, Chinese and Spanish - because they had not bought international rights first time around.

    If you ever make it out of the quagmire and have a saleable story, get a very good literary agent (not one who you meet via any of your cheesy infomercial-esque contacts, but someone with a national reputation). Their job, for a 15% take, is to make sure you don’t go signing anything stupid that limits your ability to earn even more from your story in the future.

  • 25. The Original Kevin
    January 25th, 2007 at 2:52 pm

    Ahahah… oh man, this IS a tasty piece of entertainment.

  • 26. Frank
    January 25th, 2007 at 2:53 pm

    Casey, federal law states all contracts can be rescinded within 3 business days - even if signed. Since you contacted them within a day to cancel this contract why do you think you are still bound to it? I think you’ll sleep a lot better at night if you can confirm that with a lawyer. I don’t believe you’re bound to anything at this point. And that contract is so ambiguious and one-sided it will never hold up in court.

  • 27. Robert Coté
    January 25th, 2007 at 2:54 pm

    Okay… you signed a bad (for you) and poorly written contract. And this makes it unenforceable how? Deals don’t need to be win-win and certainly don’t need to be fair.

    Looks to me that your $750+$750 from Dwyane belong to her as well. What you wish and what is has always been your downfall.

    Warning, free advice follows. You do have an “out.” If Amy et al agree to release you from this binding contract and -pay- you some money you won’t drag them into any possible litigation. Trust me, the only thing worse than needing a lawyer is not needing a lawyer and still having to hire one.

  • 28. gbarney04
    January 25th, 2007 at 2:55 pm

    This is simply terrible and these two women really should be exposed for how they’ve conducted business. You need to show this contract to a good real estate lawyer (not just any real estate lawyer) and find out how it will hold up and if there’s an easy out.

    People who post here need to stop kicking Casey around. Glad you’re all so perfect and haven’t made a single mistake in your life. Casey has been polite to everyone so far so I don’t quite understand the hatred some people seem to have toward him. It’s one thing to make fun of his situation but it’s entirely another to wish him continued financial decline. He’s trying to make the best out of the situation he’s in and doesn’t need to be taken advantage of any more than he already has been. It’s the real estate brokers and the lenders who are really to blame for what’s happened to him.

  • 29. Cal in Rocklin
    January 25th, 2007 at 2:56 pm

    Hahahaha. Wow. That is one of the most poorly written contracts I have ever seen. I think it’s funny when people pretend to be big, important businessmen and women. This girl Erin is a hoot. She fancies herself some kind of financial genius, but take a look around her little blog. She flips cars (while using borrowed money), has a degree in theology (oops I forgot, they do have a contract writing class at seminary!), SPENDS HER KIDS’ GIFT CARDS ON GROCERIES, and claims she is financially independant (I’m assuming she receives child support…now that’s some true passive income!). Looking at the links on her blog, there are hundreds of like-minded individuals writing about their thrifty ways and sweet deals…that scares me. Almost makes me wish we could go back to before the Internet.

    However, it doesn’t matter how much poor grammer or unbelievable clauses are included, Casey buddy, you should never have signed it. I can understand how lightheaded you must’ve felt after you met RK, but brother, you need to be completely dispassionate in your business dealings. ANY kind of contract related to your business (and this blog/your story seems to be your only business right now) needs to be reviewed by a professional. Did you contribute anything to the contract? Did you negotiate at all? Hindsight is 20/20, but you definitely should have asked more questions (what are the specifics of the “mentoring”, etc…).

    I’m sure there are lawyers out there who can pick apart this contract and get you out of it, but can you really afford them? For the meantime, it looks like you’re stuck. However, since Erin and Joy aren’t really the high rollers they wish they were. I doubt they’ll take the time to go after you. Plus, you can’t get blood from a stone, right?

  • 30. Tim, from Monterey Bay area
    January 25th, 2007 at 3:01 pm

    The contract is pretty much exactly what several of us (including myself, here, back at the time) speculated that it contained: an offer to mentor/help you in exchange for owning part or all of your commercial benefits (if any). Book, movie, blog, etc. rights.

    And I recall distinctly saying at the time (maybe a week or two later, in mid-November, when it was being debated) that PRLINKBIZ/No Limits Ladies/etc. could simply hang on to the agreement and, at the very least, use it as a “clouding of rights” if ever a movie studio or publisher wanted to tell your story. And your words today say that this is precisely what Joy says Erin expects to do, to keep the agreement in her pocket until, if ever, it becomes worth something to invoke the terms of the contract.

    As to what you got in exchange, you signed to get mentoring, vague statements of help, etc. And in fact you got guru advice, blah blah blah. Not worth a teaspoon full of spit, in my personal opinion, but Tao LLC will be able to point to this help, to your own admission that they provided you with help, and so show that you received what they offered at their end. Was it much help? Nope. But, then, the contract didn’t spell out how much help–and the precise kind–they were to provide.

    Basically, you sold them rights to your story for a handful of magic beans. No fraud was involved (as might be the case with an actual offer of “magic beans,” what with our buttinsky courts interfering with stupidity). The magic beans they offered were the same kind that you’ve paid $30,000, at least, for.

    Are you surprised that Tao LLC is holding you to what you signed?

    Sorry, kid, but contracts cannot simply be renegged on so lightly. Sort of like swearing intent to occupy, statements of income, IOUs, and other such things.

    –Tim

  • 31. ratlab
    January 25th, 2007 at 3:02 pm

    “I’ve made plenty of attempts to “take responsibility” for signing this contract by trying to settle. They continued to ignore me. No more! I’m tired of playing those childish games. The whole thing is out and I’m moving forward! No deal!”

    Taking responsibility does not mean trying to get out of a contract. You could say that PRLinkBiz and Joy are taking responsibility by holding you to the contact, regardless of the legality of the contract.

    This is not the same as taking responsibility of your properties by doing short sales, which is in essence, settling. Apples and oranges, my friend.

    Speaking of properties, do you think your Modesto property will actually appraise for $270K? If not, is your short sale agent using his “preferred” appraiser to meet that $270K amount so the buyer will be able to get the loan? Oh, that would be fraud, by the way.

  • 32. West Virginia Hillbilly
    January 25th, 2007 at 3:07 pm

    If you are stimulated by new ideas and if you can think for yourself rather than simply accept what Casey Serin dishes out, I think you will find this letter of interest. Although my approach may appear a bit pedantic, by setting some generative point of view against a structural-taxonomical point of view or vice versa, I intend to argue that I find Casey the most tendentious person in the world. Yes, I could add that experience shows that history has once again proved me right, but I wanted to keep my message simple and direct. I didn’t want to distract you from the main thrust of my message, which is that Casey maintains that either this is the best of all possible worlds and that he is the best of all possible people or that it is better that a hundred thousand people should perish than that he should be even slightly inconvenienced. Casey denies any other possibility. I, for one, find it most unfortunate that this letter had to be written. Surely, he is not too obstreperous to realize that. Just think: Casey makes free and liberal use of chicanery, deceit, intolerance, lust, persecution, and oppression. Think about it, and I’m sure you’ll agree with me.

    Whenever anyone states the obvious — that Casey can pervert any established ideology — discussion naturally progresses towards the question, “Is it possible for those who defend sinister, impetuous antidisestablishmentarianism to make their defense look more benighted than it currently is?” The answer is almost totally obvious — this isn’t rocket science, you know. The key is that I’m not writing this letter for your entertainment. I’m not even writing it for your education. I’m writing it for our very survival. Although he has tremendous popular appeal, Casey is terrified that there might be an absolute reality outside himself, a reality that is what it is, regardless of his wishes, theories, hopes, daydreams, or decrees. I note in passing that I am not concerned with rumors or hearsay about him. I am interested only in ascertained facts attested by published documents, and in these primarily as an illustration that Casey is attracted to philistinism like a moth to a candle. And I can say that with a clear conscience because Casey’s behavior might be different if he were told that his little schemes are bound to fail. Of course, as far as Casey’s concerned, this fact will fall into the category of, “My mind is made up; don’t confuse me with the facts.” That’s why I’m telling you that he should think about how his conjectures lead churlish, lackluster extortionists to persecute the innocent and let the guilty go unpunished. If Casey doesn’t want to think that hard, perhaps he should just keep quiet. So Casey thinks that the laws of nature don’t apply to him? Interesting viewpoint. Here’s another: It’s astounding that he has somehow found a way to work the words “phytopaleontological” and “macracanthrorhynchiasis” into his morals. However, you may find it even more astounding that the real question here is not, “Whatever happened to community standards?”. The real question is rather, “Is it really his impression that children don’t need as much psychological attentiveness, protection, and obedience training as the treasured household pet?” The complete answer to that question is a long, sad story. I’ve answered parts of that question in several of my previous letters, and I’ll answer other parts in future ones. For now, I’ll just say that he somehow manages to maintain a straight face when saying that he defends the real needs of the working class. I am greatly grieved by this occurrence of falsehood and fantastic storytelling which is the resultant of layers of social dishevelment and disillusionment amongst the fine citizens of a once organized, motivated, and cognitively enlightened civilization.

    Casey would have us believe that there is an international Communist conspiracy to sap and impurify all of our precious bodily fluids. Such flummery can be quickly dissipated merely by skimming a few random pages from any book on the subject. Many people respond to his poxy cop-outs in the same way that they respond to television dramas. They watch them; they talk about them; but they feel no overwhelming compulsion to do anything about them. That’s why I insist we arraign him at the tribunal of public opinion. Casey operates on an international scale to get on my nerves. It’s only fitting, therefore, that we, too, work on an international scale, but to create a world in which exclusionism, interdenominationalism, and allotheism are all but forgotten. Mark my words: this makes me fearful that I might someday find myself in the crosshairs of his headstrong, lousy policies. (To be honest, though, it wouldn’t be the first time.)

    The hour is late indeed. Fortunately, it’s not yet too late to begin a course of careful, planned, and coordinated action. For the moment, I will concentrate on the fact that after enduring a barrage of Casey’s militant sermons, one normally experiences intense levels of stress, difficulty sleeping, and anxiety about one’s physical safety as well as one’s career. That shouldn’t surprise you when you consider that what he is doing is not an innocent, recreational sort of thing. It is a criminal activity, it is an immoral activity, it is a socially destructive activity, and it is a profoundly abhorrent activity. Casey is not only misguided but is addicted to being misguided. But that’s not the end of the story. It’s easy enough to hate Casey any day of the week on general principles. But now I’ll tell you about some very specific things that Casey is up to, things that ought to make a real Casey-hater out of you. First off, if I have a bias, it is only against vengeful hippies who sell otherwise perfectly reasonable people the idée fixe that he is the ultimate authority on what’s right and what’s wrong.

    What does Casey have to say about all of this? The answer, as expected, is nothing. His theatrics are like an enormous faddism-spewing machine. We must begin dismantling that structure. We must put a monkey wrench in its gears. And we must give our propaganda fighters an instrument that is very much needed at this time, because I want to live my life as I see fit. I can’t do that while Casey still has the ability to interfere with my efforts to derail his gloomy little schemes.

    In asserting that factionalism is a viable and vital objective for our nation’s educational institutions, he demonstrates an astounding narrowness of vision. If Casey has spurred us to turn his overbearing nostrums to our advantage, then Casey may have accomplished a useful thing. Heinous heathenism is the shadow cast on society by his demands, and as long as this is so, the attenuation of the shadow will not change the substance.

    Although we can occasionally tie the retailers of scornful new claims to older fabrications, there is unfortunately no shortage of new rumor. Forgive me for boring you with all the gory details, but what really irks me is that Casey has presented us with a Hobson’s choice. Either we let him terrorize our youngsters or he’ll prevent the real problems from being solved. It would be bad enough if his representatives were merely trying to break the mind and spirit, castrate the character, and kill the career of anyone whose ideas he deems to be pestilential. But their attempts to tell us how to live, what to say, what to think, what to know, and — most importantly — what not to know are just plain gruesome. One may very well question whether his grunts assume that because they look a certain way or come from a certain background, they have a right to control, manipulate, and harm other people. Still, most people will eventually be convinced that we cannot allow what I call effrontive politicasters to pass unnoticed. An equal but opposite observation is that the unalterable law of biology has a corollary that is generally overlooked. Specifically, his declamations reek of prætorianism. I use the word “reek” because you shouldn’t let him intimidate you. You shouldn’t let him push you around. We’re the ones who are right, not Casey.

    It is well known that I haven’t the foggiest idea why Casey wants to poke someone’s eyes out. But when it comes to his proposed social programs, I certainly assert that we have drifted along for too long in a state of blissful denial and outright complacency. It’s time to end Casey’s control over the minds and souls of countless people. The sooner we do that, the better, because he plans to perpetuate inaccurate and dangerous beliefs about male-female relationships. The result will be an amalgam of foul irrationalism and prolix jingoism, if such a monster can be imagined. He has, at times, called me “slimy” or “pugnacious”. Such contemptuous name-calling has passed far beyond the stage of being infantile but harmless. It has the capacity to address what is, in the end, a nonexistent problem. To be quite frank, Casey appears to have found a new tool to use to help him manipulate public understanding of despotism. That tool is diabolism, and if you watch him wield it, you’ll really see why he is firmly convinced that I’m too brainless to chastise him for not doing any research before spouting off. His belief is controverted, however, by the weight of the evidence indicating that Casey’s intent is to prevent us from asking questions. He doesn’t want the details checked. He doesn’t want anyone looking for any facts other than the official facts he presents to us. I wonder if this is because most of his “facts” are false.

    I, for one, attribute the social and psychological problems of modern society to the fact that the reasons that Casey gives for his opuscula clearly do not correspond with his real motives. Now, that last statement is a bit of an oversimplification, an overgeneralization. But it is nevertheless substantially true. Your guess is as good as mine as to why he wants to give rise to the worst classes of deranged, selfish busybodies there are. Maybe it’s because he plans to equip garrulous blowhards with flame throwers, hand grenades, and heat-seeking missiles. The natural result of his philippics is an intolerance that, in the long run, tends to fragment the nation into politically disharmonious units. This applies first and foremost to a terrorist organization under whose bitter brand of boosterism the whole of honest humanity is suffering: Casey’s army of short-sighted good-for-nothings.

    Here’s some news for you: Casey would feel an intense schadenfreude if his belief systems made me walk around with a mountain of pain and suffering welled up inside me. Interesting, isn’t it? What you may find even more interesting is that I would like to register my strong objection to his memoranda. That’s self-evident, and even Casey would probably agree with me on that. Even so, he attracts litigious, harebrained cheapskates to his junta by telling them that he has the authority to issue licenses for practicing militarism. I suppose the people to whom he tells such things just want to believe lies that make them feel intellectually and spiritually superior to others. Whether or not that’s the case, Casey parrots whatever ideas are fashionable at the moment. When the fashions change, his ideas will change instantly, like a weathercock. To end on a more positive note: The scantiness of Casey Serin’s abstract knowledge directs his sentiments more to the world of obscurantism.

  • 33. JustMe
    January 25th, 2007 at 3:09 pm

    Casey,

    I dont blame you for getting tired of all this hate. When I read your blog, I have to admit there is much opportunity for humor or disbelief in many of your actions but this does not bring me to hate. I dont know why it would unless I was a victim personally of your actions, or am jealous. Which I think a lot of hateful commentors are, I think deep in their hearts they feel had they tried these same liar loans they either wouldve been successful, unlike you or wouldve been arrested immediately unlike you.

    But when I read your day to day posts I get the feeling that you are out there somewhere in California completely flailing & lost on what to do. I suspect that you are very naive and immature in spite of your real estate knowledge that can sometimes make you appear more mature and experienced.

    I also worry that you might have an undiagnosed psychiatric issue that needs to be addressed. Undoubtedly there has to be depression associated with this situation you are in, but I strongly suspect there is more. I will pray for you, and those around you that see this train wreck amongst them to gain the strength they need to help you see it and what you need to do to rise above it.

  • 34. OTownCajun
    January 25th, 2007 at 3:10 pm

    “If I knew I was committing “mortgage fraud” I would have never done it.”

    Get this through your thick skull, you DID commit mortgage fraud, whether you intended to do so or not. In the eyes of the law, that is all that matters. And that makes you a “REAL criminal.”

    “I used “liar loans” because it was common in the industry and seemed justifiable.”

    Stop it. You sound like a child who does something wrong and then says, “But everyone else is doing it.” I can’t wait to read about you getting arrested.

  • 35. Stephanie J.
    January 25th, 2007 at 3:13 pm

    I’m with you on that, Kevin (#26).

    I don’t even have the words.

  • 36. FrankinSF
    January 25th, 2007 at 3:13 pm

    Now that’s ripping the cover off the ball.

    Casey, you have really made boocho big mistakes but I’m glad that you’re exposing these two opportunists. I don’t see that they game enough consideration for your story…they won’t get anything but a black eye on this one.

    But do be more careful…stop signing things…

  • 37. ALL THREE OF YOU ARE PARASITES
    January 25th, 2007 at 3:13 pm

    nothing more….nothing less….sorry!

  • 38. Sprezzatura
    January 25th, 2007 at 3:14 pm

    “It’s not fair” is not a valid reason to blow off a contract.
    And neither is “they’re being unprofessional”. Both of those statements may well be true, but they are irrelevant to the issue at hand, which is, you signed a contract. Now you have to deal with the consequences.

    Sooner or later, you’re going to have to pay a lawyer some $$$ for him to make this go away, and if he can’t, then you are going to have to buy the contract out. About the only thing in your favor is that there’s simply not enough money involved, on either side, for this to be worth litigating extensively.

    And by the way, should this dispute actually get to court, violating the terms of the agreement (as you did by breaking the NDA) doesn’t make your side look good.

  • 39. Alex
    January 25th, 2007 at 3:14 pm

    Well, try repeat this to the judge in court, and guess what response you will hear…

    Quote: “And I don’t want to hear all this crap about how I deserve this because I “screwed” all my lenders with my “liar loans”. I took those loans out with FULL INTENTION to repay. Most of the cash-back money went to float the payments and towards repairs.

    My intent was never to defraud ANY lenders by defaulting on these loans. I used “liar loans” because it was common in the industry and seemed justifiable. I made mistakes with my deals and my repairs. The market crash also didn’t help me much. I was naive and inexperienced. My business failed. That’s it!

    Go study the stories of REAL criminals and mortgage scammers and tell me how my story compares. If I knew I was committing “mortgage fraud” I would have never done it. Now all i’m trying to do is find the most honest and ethical way out of this. I’m tried of all this HATE for me!”

  • 40. Stan
    January 25th, 2007 at 3:15 pm

    Casey,

    What if you were to give them what they want….lots and lots and lots of attention about your deal with them. You could ask the ladies if they would accompany you to the US Attorney’s Office. Between them and the FBI, they could help all three of you determine if it’s a valid contract.

    Hey…..it’s on the taxpayer’s dime so it’s FREE….sweet!

  • 41. Tim, from Monterey Bay area
    January 25th, 2007 at 3:16 pm

    By the way, framing the debate in terms of:

    “is it right that…..?”

    (”Is it right that PRLINKBIZ won’t let me out of a contract?” “Is it right that they have say over my story?”, etc., to paraphrase Casey)

    is missing the point. Contracts are presumptively valid unless a real legal reason for voiding them exists. One cannot, for example, sell oneself into slavery. (Literal slavery, not metaphorical slavery.)

    Casey has repeatedly ignored what contracts are all about and has instead argued (whined, some might say) that it was not his intention to sign suchandsuch contract, or that he wants to reconsider a contract (often may days, even weeks, after a signing….not that many jurisdictions recognize a “cooling off period” except for things like car purchases, and then only with well-defined terms and conditions for having “second thoughts”).

    In most jurisdictions, contracts are contracts. Period.

    Sure, Casey might be able to spend enough legal $$$ to cause Tao LLC to drop efforts to enforce the contract. (But they can pretty much just sit on it, as Joy acknowledges is the interest of Erin in doing, according to what Casey says has been their conversation.)

    Or Casey may offer some amount of money to buy out the contract (whatever the precise language might be).

    But, importantly, Tao LLC and Erin and all are under no obligiation to enter into negotiations….they can just sit on the contract until it ever becomes valuable (” “America’s Greatest Loooosers,” coming this Fall on FOX!”) or it until it becomes worthless (no deals, no money coming in, not worth fighting a court battle for crumbs).

    Casey seems to have the popular American misconception that contracts are about “fairness” and “helping people” and that people should be let out of contracts when they change their minds, or when potentially better deals come along.

    Nope. It doesn’t work this way. (And, not to grind in this same old point yet again, I knew this when I was 16, in 1968.)

    Casey is stuck. He may unstick himself by suitable application of money as a lubricant (I have a feeling Tao LLC might be happy to see a $30,000 cashier’s check). But not be whining that this contract he signed is unfairly limiting his other options. He signed it. He got their help in Phoenix (and who knows how many other attempts to help him later). That he “changed his mind” and turned down their mentoring is not _their_ problem.

    –Tim

  • 42. Crybaby Casey
    January 25th, 2007 at 3:17 pm

    Oh for the love of Christ, SPARE US YOUR TEMPER TANTRUM!

    Boo friggen hoo! A contract you signed without first running it by a lawyer (or someone familiar with that sort of thing is now biting you in the a** ) and you are having a hissy fit!

    GROW UP CASEY! What are you, five years old?!

    And with regards to this statement:

    “My intent was never to defraud ANY lenders by defaulting on these loans. I used “liar loans” because it was common in the industry and seemed justifiable”

    Do me a favor. When you are in front of a judge (and you will be) PLEASE use that same tag line. See what his/her response will be.

    My guess is, you will be privy to this old Latin adage:
    “ignorantia legis non excusat”

    Translation:
    “Ignorance of the law IS NO EXCUSE”

    For crying out loud, it’s called a “liar loan” for a reason! Stated income?? Primary residence?? HELLO???? Is this thing on?

    Pathetic. Absolutely and unbelievably PATHETIC. Coming across someone like you finally makes me understand why the 2004 election went the way it did. We have some marvels of genetic disarray out there, don’t we.

    Sheesh.

  • 43. OGG THE CAVEMAN
    January 25th, 2007 at 3:18 pm

    HERE WHAT OGG THINK:

    1. Ogg not lawyer, but Ogg think lawyer get Casey out of contract.
    2. Casey not afford lawyer if Erin and Joy sue. It not matter if contract bad, Casey lose if can’t defend himself.
    3. Casey stupid to sign contract. Contract try to take Casey only asset.

    Even Ogg know ask lawyer to read contract if not understand. Even Ogg know not to give everything away for nothing, and Ogg only caveman.

    Ogg hope Casey not get sued. Otherwise Ogg hope Duane help Casey with defense.

    Where Sputnik? Many shoes need poop.

  • 44. Rob BBB
    January 25th, 2007 at 3:19 pm

    They appear to be terrible people and are going to hold on to that contract unless they can either get something for it or unless it causes them too much trouble.

    They have now been exposed as the lowest level of society. The most unethical and despicable of individuals. People who take advantage of someone when they are down.

    What’s next for those two?

    Maybe they go could looking for the families of the victims of the World Trade Center disaster in return for any donations or insurance claims the families may get in the future. They could give them “advice and mentoring”.

    Maybe they could go asking for any insurance payouts from the refugees from the Katrina disaster in return for their “advice and mentoring”?

    PrLinkBiz.. not so good PR here. Actually, I’d say your PR meter just went into the toilet. Who is going to want to do business with you now?

    You can make good by giving up the contract.

    Or you can just be hated by everyone for the rest of your living days.

    Your choice I guess.

    There are so many things wrong with that contract, by the way, I can’t even start.

  • 45. Al Lewis
    January 25th, 2007 at 3:20 pm

    And I don’t want to hear all this crap about how I deserve this because I “screwed” all my lenders with my “liar loans”. I took those loans out with FULL INTENTION to repay

    “I didn’t mean to kill her, you honor”.

    “Oh! Okay! You can go home, then”.

  • 46. gbarney04
    January 25th, 2007 at 3:21 pm

    i work for a law firm and will try and get one of them to take a look at this contract tongiht and give me their thoughts on it.

  • 47. Nikolay Soltys
    January 25th, 2007 at 3:22 pm

    Privet Kostya!

    I may be dead but I can read and I can count and I can see.

    What I read is this: a contract for no consideration and no valuable exchange. The terms are unenforceable.

    What I count is this: negative $500K and growing.

    What I see is this: the unattractive rapaciousness of three hustlers in a daisy chain trying to blow smoke up each other’s popa’s.

    P.S. People are saying cruel things about personal photos of your parents, sisters, brothers, and G. at another site. You should do something about that - you are the indiscriminant attention w**** and deserve what you get but they appear innocent (except for G. - she is as guilty as you based on your own comments at your old blog).

    The denouement for your financial troubles was sealed when you perjured yourself on your loan applications and documents.

    My advice to you is to flip (see you still have the chance to be a successful flipper just not the type that you intended to be) you are small fry so turn on your loan agents, realtors, contractors, gurus and other enablers and crooks - it is the only way out for you and believe me they have much more to lose than you do.

    sevo haroshevo!
    (I mean that too)

  • 48. Ted
    January 25th, 2007 at 3:24 pm

    Casey:

    1.Yes it is a bad contract and you shouldn’t have signed it, but what have you offered them to settle? Money? You should just get an attorney and get the contract thrown out.

    2.You took out loans under false pretenses and claim you intended to repay the loan. Your intent to repay really doesn’t matter. If I drive drunk and kill somebody, I didn’t mean to do, but I will still be punished.

    3.You are correct, your business failed. However, the lenders wouldn’t have loaned you the money without the falsified applications. Your false applicications were a precondition to them losing money.

    4.It appears to me that you spent a significant portion of the money on living expenses and seminars.

    5.Quit defending your actions with regard to the lenders. Your last post sounds ridiculous.

    6. I have worked on cases where real estate fraud was involved. They started with houses and cash back. In order to float their negative cash flow they next moved to apartment buildings and office buildings. The person I am referring to is in JAIL. Google Krishan Chari.

    Ted

  • 49. Hi...I'm Dolph DeRoos
    January 25th, 2007 at 3:24 pm

    BTW, Case…nobody HATES on you. It’s called CRITICISM. YOU invite it so learn to accept it.

    It isn’t going away until your story gets tired. THAT is fact.

  • 50. Siggy
    January 25th, 2007 at 3:25 pm

    Casey, you may be tired of the ‘hate’ but you bring it on yourself.

    1. You admit to lying and cheating (with the best possibly intentions, of course) and then complain when someone does the same to you.

    2. You continue to make the same mistakes again and again. Signing contracts that you do not understand. Failing to get competent professional advice. Spending money or time on yet more ’seminars’ and ‘mentoring’ in you attempts to get rich quick. Refusing to use the talents (such as web design and programming) that you do have to fix the problems caused by the talents you obviously do not have (such as deal-making).

    3. You SAY that you are sorry for things and are trying to make them right and yet you BEHAVE differently. You do not visit your houses in an effort to keep them in saleable condition. You do not open your mail so that you can respond to the people you owe money to. You refuse to declare bankruptcy which would clarify the entire situation for everyone concerned and instead try to finagle your way out of every debt you have (you signed the $50K note, but think you can get out of paying it despite the fact that you will owe the lender at least that much). You get your Jamba Juice and take your naps and seem to think that you deserve a break from all your SELF-IMPOSED stresses. You don’t. You broke it, you fix it.

    4. You have totally unrealistic awareness of the world around you and basic business. You think that someone will partner with you when the only asset that you claim to have is demonstrably worthless. You think you have a talent for finding ’sweet deals’ and have made MINUS $400,000 with that talent ! Why would anyone want your assistance losing their money ?

    5. You have a habit of using phrases that annoy and frustrate your ‘viewers’. Remind me again what your last “Sweet Deal” netted you ? You complain that people are “Haters” and are not offering constructive criticism but you either ignore the masses of constructive advice that you have been given or you only pay attention to the parts of it that are easy for you AND which are relatively pointless. You now read contracts, but you still sign them without bothering with professional advice when you do not understand them. You still seem to think that most of your ‘gurus’ (notably RK) are great men who gave you wonderful advice that you somehow misintepreted. They are not. They are hucksters who are selling books and overpriced seminars to suckers who think that it is possible for someone to get rich quick when they have no assets or particular skills. If this were true, everyone on the planet would be rich. It is not true. You need to understand that you were not naive. You were stupid. That is the first lesson in your efforts to avoid being (as) stupid in the future.

    So far, you get a D. And I’m grading you generously.

  • 51. first timer
    January 25th, 2007 at 3:27 pm

    first timer posting, but I don’t think the contract is enforceable. As someone said, usually contracts benefit both parties ie. I get a car or house, you get my money. I even think Suzie Orman noted on a show once about Pre-nuptual agreements that if the other party doesn’t make any ammendments or changes to the contract before signing it, it will probably be thrown out of court. Why? I am guessing it’s because otherwise the agreement will be too one sided to protect both parties and or one side can claim it was signed under duress.

    In Casey’s case, Erin and Joy placed pressure on him and didn’t really give him time to review it with an attorney.

    “Upon termination or dissolution of the Agreement, the Agreement will be promptly liquidated, with all debts being paid first, prior to any distribution of the remaining funds. All remaining fund will be the sole property and earnings of Tao Realty LLC. ”

    So there is a termination “clause”, but doesn’t specify what enables the termination. Is that enforceable? Usually there is a defined way to terminate the agreement. At any rate, it says that all debts are to be a paid first, before any other funds can be given out. So in other words, Casey’s house debts come first, right? Also as Casey hasn’t received any mentoring or advertising from either lady, he has no debts to clear with them, and should be able to “terminate” this contract with no financial obligation to them.

    I don’t agree with Casey lying to try and profit from the housing boom at my expense, and I think he should pay off all his debts. However, I also hate people that try to kick people when they are down and stab them in the back.

    The way the contract is worded, future salaries and gains will be determined by Tao Realty, which means that theoretically, they could determine that Casey’s salary is $.01/month while claiming that $500 lunches with newspaper reporters
    were the cost of marketing Casey’s story, and demand reimbursement.

    Does that sound fair? Is it enforceable? Again I don’t know but it seems the contract is so vague and one sided that I don’t think a Judge would enforce it.

  • 52. reking
    January 25th, 2007 at 3:27 pm

    I have studied the stories of mortgage scammers and the common thread in their crimes is the use of straw buyers and identity theft. Using an inflated appraisal seems to be another trick widely pursued by the thieves. In my opinion, you are not lilly white nor are you a criminal. Millions of transactions just like yours took place in the last few years. A very small percentage will ever be investigated. The industry is tightening their procedures and many loans like yours will not happen in the future.
    You have ruined your own credit. You have not lied and made up applications and used other peoples credit to do your deals, whether they knew or not.

  • 53. Hi...I'm Dolph DeRoos
    January 25th, 2007 at 3:27 pm

    BTW, Casey. Nobody HATES on you. Look up the darned term before you use it!

    Hater implies jealousy. How exactly am I a hater, for example? I am far from jealous of ANYTHING you do. Actually, I am annoyed more than anything.

  • 54. OGG THE CAVEMAN
    January 25th, 2007 at 3:28 pm

    Oh, in case not obvious: Ogg not lawyer. Ogg post not legal advice. Get lawyer.

  • 55. HungryBear
    January 25th, 2007 at 3:30 pm

    Dude,

    Get an attorney. I think that contract could be voided on the grounds of indefiniteness, and/or lack of consideration. Absence of consideration was also true of your Countrywide note. Basically, the court will not enforce your promise unless you have received something in return for that promise.

  • 56. T
    January 25th, 2007 at 3:33 pm

    I believe most states have 3 day contract rescission laws but since I’m here in So. Cal. and not very familiar with AZ law, I’m not certain. You need to hire an attorney, Casey.

    This part is especially vague:

    “…in exchange for mentoring and guidance in his current real estate situation. ”

    And since they never formulated a solid guidance plan to assist you in your situation, I can’t see how this contract could remain binding. Again, I’m not an attorney but I do produce contracts @ my “cube” job and I’d say that imo, that contract is extremely weak.

    Also, this is why others were laughing @ your self-proclaimed ability to “mine gold nuggets” from your emails. Casey, you’ve been mining for a while now without realizing it was nothing but fool’s gold.

    Most people are not your friends. You’d be lucky to find a handful of true friends in your entire lifetime. I hope you’ve at least learned this important lesson by now.

    PS: MigDreamy, I’m totally digging the new improved, tougher you. :)

  • 57. The Original Kevin
    January 25th, 2007 at 3:34 pm

    Hey, how do you people get all those neat little things like quotation marks, & bolding, & italicizing, etc….

    Oh, & Stephanie (#36)… I knew you would be with me… *sigh*…

  • 58. T
    January 25th, 2007 at 3:34 pm

    PS: There was an attorney here (can’t recall the name) who has offered his assistance pro bono. Have you contacted him yet? If not, I suggest you do so immediately.

  • 59. Observer
    January 25th, 2007 at 3:34 pm

    Casey, you got duped by PrLinkBiz **AND** Duane. Obviously as a sponsor Duane wants as much traffic to this site as possible. Creating drama does exactly this (something which recent postings have been severely lacking).

    So, it looks like we DO have the making of a win-win:

    1. Duane gets more click-throughs because of the traffic increase to IAFF
    2. PrLinkBiz is now a partner of the IAFF franchise

    PrLinkBiz used her relationship with Robert Kiyosaki to lure you in, Casey. Question is, did she operate alone on this, or together with Kiyosaki. If she operated alone, I would contact Kyosaki directly to see what he thinks of being “used” by his confidants.

  • 60. gbarney04
    January 25th, 2007 at 3:36 pm

    Re contract - I showed it to a lawyer and they said on first read “it’s barely english” and “seems like you could drive a truck through it”. I’ll let you know what else they have to say when I hear back from them again.

  • 61. Bird Dawg
    January 25th, 2007 at 3:36 pm

    This is what they must provide or the contract is void:
    “mentoring and guidance in his current real estate situation.”

    Therefore the contract is void once all of your houses are sold/foreclosed and you have not received any reasonable amount of mentoring from them.

    The funniest part of the contract is:
    “Casey understands that Tao Realty LLC is not acting as any real estate professional”

    Now, if they are not real estate professionals, how could they give you mentoring and guidance in your current real estate situation?

    The contract is a non issue if you don’t make a net profit.
    You could consider all of your money spent on seminars, web hosting cost, travel cost, etc as expenses. So as long as you don’t have a revenue of higher than your then you owe them nothing.

    If you do eventually make a profit, then it won’t matter either, because there has not been an exchange of mentoring for the rights to your story.

  • 62. Tim, from Monterey Bay area
    January 25th, 2007 at 3:39 pm

    gbarney04 wrote:

    “People who post here need to stop kicking Casey around. Glad you’re all so perfect and haven’t made a single mistake in your life. Casey has been polite to everyone so far so I don’t quite understand the hatred some people seem to have toward him. It’s one thing to make fun of his situation but it’s entirely another to wish him continued financial decline.”

    First, I agree that Casey has been quite polite. More so than I would be in his shoes (or than Duane has been with his flurry of comments about excreting excrement bigger than some of the haters–cracked me up, no pun intended!).

    Second, while I’ve been astounded and amazed and flabbergasted at the actions Casey has taken, I don’t recall wishing him utter ruin. Personally, I think that with being 600 hundred grand underwater, with nothing but short sales, foreclosures, and tax on the difference, he has nothing ahead of him for the next half dozen years _but_ financial ruin. However, he may be able to recover by the time he’s around 30, which is way better than what a lot of people face.

    Third, one reason I don’t “hate” Casey too much is that he’s actually been honest about his past deceit (liar loans, dirty money, shady deals, poor impulse control, etc.). I get a LOT angrier at some of the bums I see around my home town who think the world owes them a living, that the “rich” need to be taxed at 90% rates (or even more, as in “just make them homeless the way we are”) so as to pay for an ever-increasing array of benefits, programs, giveaways, and welfare.

    Believe me, any blog run by one of these types of people would not be a blog I could stomach being on for more than a few minutes. (I’ve been expelled from a few of them….)

    Compared to these “entitlement people,” Casey is actually a breath of fresh air.

    He’s naive in a lot of ways, he’s made some dumb mistakes, and he faces a precarious future. But at least I feel he’s still somewhat grounded on Planet Earth and can understand most of what we’re saying. Not so with the bums and handout seekers and “they got it, we want it” looters.

    That’s why I try to be an honest critic, but am not a “hater.”

    –Tim

  • 63. jonny quest
    January 25th, 2007 at 3:40 pm

    Casey,
    #24 - please stop the pontificating. Your high moral ground is quicksand.

    What do you want from us? Understanding, sympathy, advice, employment, money? Haven’t you received all of those things already? Not a one of us here is pure and clean, i.e., we’ve all faqed up at some point in our lives and goofing on you for your faq ups is not HATING. After all you’ve invited all this attention. You’ve taken faqing up to a level we’re unfamiliar with and when you combine that with the unique way you frame these faq ups as rational behavior, you’ve created the compelling trainwreck known as iaff.com. And I think I speak for all of us regular readers: we want you to profit from iaff.com! This is America after all.

    So here’s a contract for you: For consideration of the privilege to read about your various blunders on iaff.com, we will provide your site with eyeballs. We also agree to not share in any revenue you, your spouse, your heirs, your heirs heirs, etc. derive from our eyeballs. We accept that the comedy we receive from reading and posting to your blog shall be our only compensation. Fair enough?

    PS: What happened to the comment rating?

  • 64. rokit88
    January 25th, 2007 at 3:42 pm

    So chimpCasey,

    Do you have a new understanding for why they call themselves the “no limits ladies”?

    Is that really all of the contract? Yikes!

    Is it right? Is it fair? Is it enforceable? - who cares? Even well written contracts are successfully attacked. In the meantime business continues to run on TRUST above all else. Still, it may cause you trouble in the future.

    You can’t “take responsibility” for something like signing your soul over to the devil, except by handing the devil your soul. Please use another phrase like “remedy my error”. I know it goes against your positivespeak tendencies, but that is the first step towards leaving Caseyland and joining reality.

    Hang in their chimpCasey, better days are ahead.

    P.S. Save the hat, you may need it for a cameo in Miller’s Crossing II

  • 65. Endgame Observer
    January 25th, 2007 at 3:46 pm

    @ West Virginia Hillbilly

    Please spare us the pretentious, pedantic posts and boil them down into something more than 2 people will even read.

    I sense you have some interesting points, but they are buried in academic-speak. E.g (picked a few sentences basically at random:

    “Still, most people will eventually be convinced that we cannot allow what I call effrontive politicasters to pass unnoticed. An equal but opposite observation is that the unalterable law of biology has a corollary that is generally overlooked. Specifically, his declamations reek of prætorianism.”

    WTF does that mean in plain English?

    (FWIW, I’m a college grad - C** Laude, Phi Beta Kappa, and all that neat staff; but in the real world hardly anyone choses to read convoluted jargon)

  • 66. Bubble Sitter
    January 25th, 2007 at 3:49 pm

    “My intent was never to defraud ANY lenders by defaulting on these loans. I used “liar loans” because it was common in the industry and seemed justifiable.”

    Casey,

    I just realized what your calling is. Forget real estate, you should become a policitian. You would fit right in.

  • 67. Bubble Sitter
    January 25th, 2007 at 3:50 pm

    BTW, sorry for all the negative comments, but it’s just that you make it so EASY.

  • 68. tri
    January 25th, 2007 at 3:54 pm

    #14 is a horrible person.

    Now on to Casey…

    I know that you live by religious principles that we should all play nicely, but a lot of people don’t. That doesn’t mean you can’t play nicely–it just means that you need to protect yourself from those who are willing to take advantage of you.

    In a way, I’m glad this contract misfortune happened to you because it will make you think twice, and carefully, about future deals. Too many people are willing to take advantage of you because you are naive. I’m younger than you and even I can see that you are too gullible.

    The contract is poorly written. But when you do make money one day (and I think you will) then these ladies will surely come after you with that contract and you’ll be forced to spend good money on a lawyer to get rid of them. It is a rather expensive lesson but at least it takes advantage of you one day when you are in the black, rather than taking advantage now when you are very deep in debt.

    I’m happy to hear that you’ve learned that people may not be looking out for your best interests.

  • 69. HungryBear
    January 25th, 2007 at 3:54 pm

    I read it again. That “contract” is a POS, and reads like it was written by an 8 year old. Look at this paragraph

    “By Submitting the content, Casey Serin grant further permission to Tao Realty LLC to use his name and photos, also to publicize the writing, all without royalty or consideration.”

    You cannot have a contract without consideration. Period. This is why most well written contracts contain a phrase like “Now then, for good and valuable consideration, the receipt and sufficiency of which is acknowledged, the parties agree as follows…” I’m not an attorney but I’ve seen variations of that phrase in contracts 1000 times. There is a reason for it.

  • 70. Endgame Observer
    January 25th, 2007 at 3:56 pm

    1. No suprises here - basically what we all thought it was.

    2. ‘win-win’ and ‘right’ are irrelevant. It’s a contract - it says what it says.

    3. It’s poorly written - but that doesn’t make it invalid.

    4. Erin and Joy don’t owe it you to let you back out.

    5. It’s not obvious that you violated the NDA just by publishing the agreement. That’s a pretty standard NDA and the agreement itself doesn’t look like it’s defined as “CONFIDENTIAL INFORMATION”.

  • 71. Lonely_girl15
    January 25th, 2007 at 3:56 pm

    Um, it’s really easy to end the agreement… just send them a registered letter saying you terminate the agreement as of today. If that’s the entire agreement, it’s a joke - there’s no specified time period.

  • 72. Baffled
    January 25th, 2007 at 3:57 pm

    So now you have your Knight-in-Shining armor riding in (or shall we say your version of Dorothy in her spinning house?) to save the day. I’d keep my eyes open for a Trojan Horse. If you get out of this contract, DON’T SIGN ANYTHING ELSE WITHOUT A LAWYER.

    Another thing to consider…conmen and conwomen can be in cahoots. Read those books on cons, now.

  • 73. star
    January 25th, 2007 at 3:58 pm

    I’m somewhat impressed that you’re finally acting like you have some backbone. Call their bluff and let those hags rot. Go ahead and let them spend thousands taking you to court. There’s nothing for them to win anyway. The fact they think your sponsor has some liability here shows how amateurish and desperate for petty cash they are.

  • 74. Endgame Observer
    January 25th, 2007 at 4:02 pm

    Casey - IMPORTANT QUESTION:

    What did they give you or offer you regarding “mentoring and guidance in his current real estate situation”.

    Did they give you or offer you
    - written material
    - conference calls
    - review your RE contracts
    - pay for your expenses [e.g Phx trip]
    - faciliate meetings with RE consultants [e.g. RK meeting]

    Those are questions a judge would ask if you try to invalidate the agreement.

  • 75. Tony Soprano
    January 25th, 2007 at 4:02 pm

    Am I the only one who thinks the West Coast Hitters are all drooling over the next contact?

    Casey - I have to say this. I have been a hater but I give you props for having the stugots to post the contract. I’m no lawyer but I’d say they pwned you. WTF? Were you high on Hangmysocki juice or something? Sheesh, my six year old son wouldn’t sign that. I’ve said it before, LAWYER UP NOW! LIKE RIGHT NOW! Get a real one, not one that just graduated, not one that is free. Get one that specializes in entertainment/IP stuff. It’s gonna cost now but it will be way cheaper in the long run. You want to be the one firing the first shot and you want to use big guns. Rock them back on their heels and get them off balance and hit them again even harder. Don’t stop until you OWN THEM! Trust me on this my friend.

    Go Heavy!

    ps: Just turn the moderation off. All of this stuff is on the other blogs to including this post.

    pss: Don’t ever edit my comments again my friend.

  • 76. jamba juice momma
    January 25th, 2007 at 4:04 pm

    I will agree with you on this one casey. You got nothing in reture. Duane is right. This contract isn’t worth the paper it is written on. Let those 2 ho’s try to come after you. F*CKin leeches. I’d watch Duane too. Remember lots of sharks and some are much bigger than others.

  • 77. Mortgage Fraud
    January 25th, 2007 at 4:04 pm

    Mortgage fraud is a term used to describe a broad variety of actions where the intent is to materially misrepresent information on a mortgage loan application, in order to obtain the loan.

    Mortgage fraud is not to be confused with predatory mortgage lending. Mortgage fraud is when one or more individuals defraud a financial institution; predatory lending is when a dishonest financial institution willfully misleads or deceives the consumer.

    Examples of mortgage fraud

    Occupancy fraud: Frequently this is seen where the borrower wishes to obtain a mortgage to acquire an investment property, but instead the borrower claims on the loan application that they will occupy the property as their primary residence or second home. If undetected, the borrower typically obtains a lower interest rate than was warranted. Because lenders typically charge a higher interest rate for non-owner-occupied properties, which historically have higher delinqency rates, the lender receives insufficient return on capital and is over-exposed to loss relative to what was expected in the transaction.

    Employment/income fraud: Borrowers may overstate income in order to qualify for a larger loan amount. This is most often seen with so-called “stated income” mortgage loans, where the borrower declares their income without verification. It is sometimes seen in traditional full-documentation loans where the borrower alters an employer-issued Form W-2 to overstate income. Another example is to claim income from self-employment without documentation to prove that the borrower’s business even exists.

    Failure to disclose liabilities: Borrowers may conceal obligations, such as mortgage loans on other properties or newly acquired credit card debt, in order to reduce the amount of monthly debt declared on the loan application. This is pertinent because the debt-to-income ratio is a key underwriting criterion to determine eligibility for most mortgage loans, and the omission of liabilities artificially lowers the debt ratio, allowing the borrower to qualify for a bigger loan.

    Mortgage fraud ring: A more complex scheme involving multiple parties in a financially motivated attempt to defraud the lender of large sums of money. One possible scheme includes a straw borrower whose credit report is used, a dishonest appraiser who intentionally and significantly overstates the value of the subject property, a dishonest attorney who prepares two sets of HUD closing documents, and a property owner, all in a coordinated attempt to obtain an inappropriately large loan. If undetected, a bank may lend hundreds of thousands of dollars against a property that is actually worth far less. The parties involved share the ill-gotten gains and disappear without making payments on the mortgage.

    Appraisal fraud: If a home’s appraised value is deliberately overstated, more money can be obtained by the borrower in the form of a cash-out refinance or obtained by the seller in a purchase transaction. A dishonest appraiser may inflate the value, or someone with knowledge of graphic editing tools such as Adobe Photoshop can alter an appraisal. In many cases of mortgage fraud, the appraisal is involved.

    Shotgunning: When a person takes out multiple loans for the same home simultaneously the term is shotgunning. Typically after committing the mortgage fraud, the person or persons leave the country.

    ————————————

    If I read correctly Casey, you violated the first three on each of your nine properties.

    3 counts of fraud per property times 9 properties:
    27 counts of fraud

    And now, you’ve pissed away your ONE asset: this story to some b*&ches. To top it all you, you now piss and moan because they took you for a ride.

    It is a shame they have the rights to your story. Cause you could have made a bundle. This type of drama is truly rare.

    And McCauley Culkin would have been a shoe-in to portray you in the Lifetime recreation of your movie.

  • 78. Li Li
    January 25th, 2007 at 4:07 pm

    Dear Erin and Joy (who I know are probably reading this):

    At first, I was rather put off by your behavior. Now, I don’t really care. Please sue the pants off of both Casey and Duane.

    Thanks,
    Li Li

    And Casey,
    You are an idiot. Duane is doing the same thing that you accuse Joy and Erin of…he needs you to hold the rights to your saga, so HE can have them. You are surrounded by venemous leeches. Wake up.

  • 79. star
    January 25th, 2007 at 4:11 pm

    re: “Casey, federal law states all contracts can be rescinded within 3 business days - even if signed.”

    Not true whatsoever.

  • 80. Tim, from Monterey Bay area
    January 25th, 2007 at 4:12 pm

    “The contract is unenforceable.”

    Look, some are saying this. Some are saying contracts are contracts.

    It was apparent from the beginning of this blog–at least since when I started reading it after the SF Gate article in very early October–that Casey’s only real asset that wasn’t underwater and sinking fast was somehow “commoditizing” (selling) his story. Whether in terms of click throughs (not likely to amount to much, in the bigger picture) or a book or movie deal (jackpot!) his value in being the Poster Boy of the Housing Bubble was in….drum roll…in being just that, the Poster Boy.

    And Casey has hinted at this, with talk of the East Coast Mentor (who would presumably get something for his troubles), the interest by Kiyosaki and the Phoenix crowd, even the various mentoring by Rich Dad and Rich Dad’s Son and Savvy Chris and that Indian guy Casey went to high school with (sorry, forgot his name). And now Dwayne LeGate.

    Maybe Casey has a shot at selling his story, maybe not. But it’s no surprise that several people have entered into some kind of formal negotiations with Casey.

    It looks like PRLINKBIZ/Tao Realty LLC has a signed contract.

    For Casey and for others here to say this contract can just be ignored because they didn’t solve Casey’s real estate problems, or similar “they did nothing” claims, is silly. Maybe the contract is unenforceable, but this will take more than just a wish by Casey to make it so.

    Looks to me like they agreed to take Casey on a as a kind of project, helping him (their claim), introducing him to real estate people like Kiyosaki and others, and, for their efforts, getting a piece (some would say too big a piece, but that’s what Casey agreed to!) of Casey’s story as it gets commoditized in blog hits, book deals, movie deals, etc.

    This is the same kind of deal one expects East Coast Mentor, Rich Dad, Rich Dad’s Son, Girlfriend of Friend of Rich Dad’s Son, Dwayne LeGate, and others have presumably tried to negotiate.

    Now there are complaints that Casey would rather nenege on his deal with Tao Realty LLC and instead go with someone else (presumaby Dwayne LeGate?).

    Contrary to what some here have claimed, no party to a contract is under duress to agree to renegotiate, or to release someone from a contract, or even to take phone calls (except in specific performance of the contract). My hunch is that Tao Realty LLC realizes there is little point in jawboning with Casey and is thus not interested in any renegotiations. Maybe if Dwayne or some Hollywood agent actually has a real deal in the offing, they will be interested in the actual negotiations.

    (With deals like this, the folks in Phoenix will most likely be happy to take some piece of the ultimate deal. Their financing their own book or movie deal is not real likely. Not their expertise, not likely to have wide success. But, make no mistake about it, anyone doing a Casey movie has to deal with them….on their terms, not on some terms Casey says they “should” deal with him on.)

    I said a few weeks ago that I thought this may be Casey’s best way out. In the big scheme of things, $700K as a payment to Casey, with $100K or so eventually going to Tao Realty LLC (maybe more, but I would not be surprised if they accepted this), would not be unheard of. Casey could pay off his massive debts and probably be a free man. Maybe some ongoing tax issues, and even a “deal” with prosecutors that they won’t prosecute if he pleads to lesser charges, etc.

    (Yeah, there might be rules about profiting from a crime, but this takes a conviction first.)

    And as soon as there is any real evidence that a book or movie deal is at all likely, expect to see even more PR agents and dealmakers trying to swoop in to lay a claim on Casey’s story.

    (And if interest wanes, expect to see all of the PRLINKBIZ and Dwayne and Rich Dad sorts of folks just quietly moving on.)

    –Tim

  • 81. Endgame Observer
    January 25th, 2007 at 4:12 pm

    Casey,

    You need to take your emotions out of this - it is what it is.

    Fact: You signed it, they won’t let you out.

    Issue: Is it valid and enforceable?

    Action: Ask an attorney to review. Take to court if you want (and can afford the money) to determine the final answer.

    Simple (not fun, not sweet, not nice, not win-win, not awesome) - just do it.

    FWIW, I believe you made a mistake posting it here. It just complicates and induces more noise and emotion in the process. And you may have (but I don’t think so) violated the NDA portion of the agreement by posting it.

    What did you hope to gain by posting it? What was your best case outcome? Lots of righteous outrage and support from us? If so, still doesn’t change the facts of the matter.

  • 82. RB
    January 25th, 2007 at 4:13 pm

    What a lot of people on here seem to be missing is that there *was* an exchange of consideration… The ladies picked up Casey’s expenses on his trip to Phoenix to see RK.

    The contract may not be written worth crap, but it’d cost more for lawyers to sort it out than Casey can pay.

  • 83. Ted
    January 25th, 2007 at 4:14 pm

    http://www.drc.state.oh.us/offendersearch/

    Do a search for Krishan Chari

  • 84. Darnell da Realuhter
    January 25th, 2007 at 4:14 pm

    Yo Yo.

    ‘S coo’, bro. Dude, ah’ see some pattern here. ah’ looked at da damn pictures uh all dose real estate chicks ya’ hooked down wid. Dey all look likes de same type. You’s definately gots de pattern waaay down mah’ man. ‘S coo’, bro.

    Now likes ah’ wuz sayin de oda’ day, ya’s should hoop down wid me an Mocha. WORD! She’s de same type but wid some way supa finer bootay! Right on!

    Ah’ tells ya’ dis, dig dis: ah’ knows some dudes who knows how t’gets sucka’s out uh a jam likes ya’ in. ‘S coo’, bro. You’s wantsa dig out uh dat contract? Done. ah’ knows some dude who kin dig it done fo’ $250. Too hunert fo him an fitty fo me as some referreal fee, ya’ dig? Jus c’mon and call down old Darnell and ah’ gets it takin care of. fast. Man!

    w0rd

  • 85. Wow
    January 25th, 2007 at 4:21 pm

    Casey,

    Have you talked to a lawyer about this? At the very least, a laywer will be able to tell you if the contract is valid one way or another.

  • 86. John
    January 25th, 2007 at 4:23 pm

    Duane’s right, you do need to get that contract voided or it WILL come back to bite you in the butt.

    Now, from a legal perspective, a lawyer could argue that there was insufficient consideration for this agreement to constitute a binding contract, but in order for that argument to carry any weight, you’d need to be in front of a litigator or arbitrator with the power to actually decide the issue.

    Given that you’re not going to take the time to educate yourself on the legal issues, much less acquire decent legal representation, your best bet is to negotiate a settlement with those two women.

    If you actually sell your story rights to someone new, they can come after you for violation of contract. Regardless of whether the contract is valid, you will then need legal representation to help you. If they take you to court, and you ignore the summons like you ignore every other red flag thrown before you, they can get a default judgment against you, and lock up your story rights and file liens against you.

    Assuming that they’re as dumb as you’ve been, they may not have the resources or skills to get legal help, in which case you may be able to settle this thing pretty swiftly.

    The problem is, settling with you will be very difficult, given that you already agreed to keep this deal undisclosed, and you’ve already violated that.

    My question for you is: What’s their motivation to void this contract? Even if it’s bogus, until you figure out how to get it declared null and void, by someone other than Casey Serin, they’ve got significant leverage against any future investors in your story.

    Of course, you could always take them to small claims court in Phoenix. http://www.supreme.state.az.us.....claims.htm

    It would only cost you a few $ to file, and another few $ to serve them. That would be a cheap way to get them to think seriously about voiding the contract, as if there’s one thing stupid people don’t like, it’s being hauled into court.

    Then, you could get them to agree to void the contract in order to avoid any further legal action. That you could do yourself, and it wouldn’t cost you much other than a possible boring drive to Phoenix.

    Cancellation of a contract can be decided in AZ small claims court. The only downside is if, as usual, you decide not to do your homework or fail to show up, and end up having the contract upheld.

    Get some professional legal help, or start doing more of your homework BEFORE you sign ANYTHING, and maybe you’ll get this sorted out.

  • 87. attorney
    January 25th, 2007 at 4:24 pm

    B.S.

    Casey, you should declare you were insane or force to sign the agreement then it’s voidable.

    Casey is insane now..

    Haaahaaa

  • 88. Tim, from Monterey Bay area
    January 25th, 2007 at 4:25 pm

    Wow. Sorry to post several times today, but this thread has my interest. (And I avoided posting on a couple of the recent 400+ post threads.)

    One thing you may want to look into, Casey, is contacting an entertainment lawyer (others have suggested this, too). You are not barred from contacting such a lawyer even by your Tao Realty LLC contract.

    Such a lawyer may well take your case on a contingency basis, if your story appears compelling enough to result in an eventual movie or book deal, and he could then act on your behalf to communicate with any others you may have signed contracts with or make verbal promises/deals with.

    In the best of all situations–say you have a fraction of the potential for a movie deal that that guy in NYC who saved the man on the subway track now has–this lawyer can “front you” money for living expenses, possibly money to keep the worst of the wolves at bay, and help you to negotiate the best deal possible.

    (Remember, such an entertainment lawyer is NOT doing it to “help you out.” Forget all that rubbish about thinking people are in it to help you. What you can get is a mutual deal that is maximally beneficial to all parties. And, yes, this includes parties such as your creditors, Tao Realty LLC, and possibly more recent deals you have led people to believe they are part of, and so on.)

    Personally, I’m skeptical that there is much of a market for such tales being told. But, then, you are right here in California, you have a lot of attention from your blog, and all the Uzbek/Russian/samovar/immigrant stuff adds a little more interest, if spun the right way.

    I could see a t.v. movie called “Facing Foreclosure on Eight Houses” (or “Eight is Not Enough!”?) along the same vein as the recent “Pursuit of Happyness” film.

    As someone said, David Spade would be perfect to play you.

    –Tim

  • 89. g money
    January 25th, 2007 at 4:26 pm

    Just to clarify

    “sounds good, lets talk about it”

    originally was another Caseyism which unfortunately never stuck.

    “goferit!”

  • 90. nobody
    January 25th, 2007 at 4:27 pm

    I think the next logical step in this matter is to turn up the heat. If this is how Joy, Erin and Tao Realty LLC operate with Casey, who knows what else they’re up to?

    Is Tao Realty LLC running a clean operation? How about Erins business interest? Is everything on the up and up? I’m sure the IRS, various Arizona state agencies and local business organizations could figure it out once it’s brought to their attention.

  • 91. So Dumb
    January 25th, 2007 at 4:28 pm

    Casey, you can sue them and get millions, SUE THEM First~

    wow, what a great idea… you can pay off ur debts now.

    Sucker

  • 92. Review
    January 25th, 2007 at 4:29 pm

    @ 33. WTF??

  • 93. Who here even thinks Casey has a story left to sell?
    January 25th, 2007 at 4:33 pm

    Why would anyone “buy” Casey’s story now or in the future?

    He’s posted so much info on what he did an why, it seems like any screenwriter or book writer could just write something now.

    Write a movie about a kid (young 20s) who makes a little money selling a condo he bought. Wow, look how easy this was! Kid starts spending tons of cash on a looker that he fancies and … they get married.

    Kid spends the rest of his earier profits plus a bunch of credit card debt on every shady seminar he can find and starts buying houses… say 12 of them… with “liar loans” and cash back etc….

    Whole thing collapses.

    These guys are writers, they will create whatever ending the studio wants and make a movie out of it. Why would they involve Casey who’s already given away anything he could have contributed to such a project.

  • 94. Where Do I Sign?
    January 25th, 2007 at 4:34 pm

    On the dotted line.

    Casey-
    Now this is some spicy blog action! PrLinkBeast demanding the removal of Yneone’s posts is too funny. Wow, I remember that spat. Yneone freaking out and posting like 15 times in succession. Not to go all Archie Bunker on you or anything, but man those were the days.

    Here are a couple of those awesomely sexy PrLB photos for those who want to reminisce:
    http://www.freewebs.com/creepy.....nkboob.jpg
    http://www.freewebs.com/creepy.....kspank.jpg

    Anyway, you did get something from our two favorite female scammers: two lunches, a night’s hotel stay, and to meet Kiyosake. You even got to be on his TV show. How many “investors” get to do that? And like Tim said, you’ve paid 30K to meet gurus before, plus you’ve been putting RK on a pedestal ever since. It’s obvious that meeting RK had a very real and very large value to you.

    So saying that you got nothing from them is a little misleading. Of course you could argue that you met Kiyosake before you signed the contract.

    You probably can get out of the contract, but you’ll have to hire a lawyer. And if they hire a lawyer, you’ll probably have to settle with them to get out of it (think enough to cover their legal fees plus enough to make it a sweeeeeeet deal for them).

    But PLEASE answer me one question since you never answer any of mine and answer everybody else’s. What did you have for those two fateful lunches? I want to know what exactly you sold your future for. (I’m hoping it was at least an organic free-range chicken whole wheat pita or high grade In-n-Out burger.)

    Ogg-
    I love you man. And not in a gay way either. In a “you my main caveman” kind of way. Ogg is my dogg.

    Al Lewis-
    I think your analogy sums up Casey’s argument perfectly.

  • 95. Jason
    January 25th, 2007 at 4:34 pm

    LOL @ West Virginia Hillbilly.. As a fellow West Virginian I’m impressed with your use of the vocab…Go HERD!

  • 96. Your MOM
    January 25th, 2007 at 4:38 pm

    Casey, inform IRS to audit “Tao Realty LLC”

    shhhh,,,

    Excellent IDEA…..

  • 97. Ted
    January 25th, 2007 at 4:42 pm

    http://www.mcpo.com/newsletter.....letter.pdf

    “Real Estate Broker Indicted on 40 Felony Counts”

    http://ohiorealtors.com/news/o...../sto4.html

    More reading material for you.

  • 98. Pancho
    January 25th, 2007 at 4:43 pm

    Casey, just delete the Hillbilly spam. It’s just lame.

  • 99. Rob BBB
    January 25th, 2007 at 4:50 pm

    Tim, you said this:

    “Maybe the contract is unenforceable, but this will take more than just a wish by Casey to make it so.”

    Actually, it isn’t.

    Casey could just ignore it.

    What is gonna happen? Are they going to sue him? For what?

    So, there you go.

    Actually, if I was the one who had this contract, I would get rid of it immediately. It basically is putting them in business with Casey. If Casey gets in serious legal trouble.. I would say someone should look at them as well.

    After all, that contract puts them in business together. If they really do own everything Casey makes and he is committing fraud, I wonder if their assets can be on the hook as well.

    Very interesting.

    Additionally, I believe the individuals getting Casey to sign this contract may want to look at the laws relating to:

    “fraud in the inducement”

    Here’s a definition.

    http://dictionary.law.com/defa.....&bold=

    Yes, you just may want to look at that.

  • 100. Al Lewis
    January 25th, 2007 at 4:53 pm

    Hey, how do you people get all those neat little things like quotation marks, & bolding, & italicizing, etc…

    Very basic HTML. Usually, only a few tags are permitted in blog responses. bracket blockquote TEXT slash bracket for quotes, etc. You can be a “coder” just like Casey!

    To Casey:

    As for the people above who endlessly repeat “a contract is a contract”, they’re right. But is it an enforceable contract? Read James B’ S****** ’s DISNEY WARS to see how bigtime player and bad crazy person Michael Eisner treated “contracts” on a whim. People who had iron-clad contracts - people with real power such as Katzenberg and Ovitz - were still forced to sue and wait years to get paid what Disney owed them.

    I get the feeling PeeHar Drink-J*** is a small-time piss-ant of a fishy little wannabe player. If you ever get two pennies of your own to rub together, you can probably defy her, legally.

  • 101. Review
    January 25th, 2007 at 4:54 pm

    Let’s not raz the two gals in Phoenix for wanting to sign a ‘future potential moneymaker’. After all, that’s what typical cut-throat business is like in the real world.

    What’s the difference between their persistence as compared to, lets say, lawyers who chase ambulances? This is Amerca, land of “seizing” opportunity.

    I don’t know these gals personally, nor do I care about them. However, a contract is a contract Casey, and whether or not you’re able to get out of it is only something that a lawyer will be able to tell you.

    My point here is that you’re going to have to learn that regardless of what happens after the fact, you are 100% responsible for learning the real ropes in the business world.

    This is yet ANOTHER reason to consider a college education. Business Law would’ve opened your eyes to this sort of thing. Unfortunately, you’re going to have to learn some things the hard way. The banks are suffering due to your actions. Now you will get a taste of how it feels. Not good!

  • 102. Ethical Realtor in DC
    January 25th, 2007 at 4:56 pm

    Rob in the Bay (like the Lady in the Lake?):
    For it to be a compelling story, it needs a happy ending… that’s the hard part. Hollywood endings - wish we could all have them.

  • 103. Hi...I'm Dolph DeRoos
    January 25th, 2007 at 5:00 pm

    Common Sense: Who’s to say the gals didn’t try to mentor Casey and he didn’t listen? If they did and he did what he always does and never listens, they gave up.

    If they TRIED and have proof of such, they could win that in court. Casey’s history of follow through is weak and I would need to hear their side of this story. Seems too one sided and convenient for Casey to be posting this now.

    Tim and others: I can tell you that it wouldn’t be hard OR illegal to make any kind of movie without Casey’s participation. It’s happened numerous times throughout history. If somebody did a deal with Casey, it would take YEARS to develop a script and a lot of times the studios won’t pay all that much upfront for a story like this. If anything, Hollywood could always make a documentary about the Housing bust and in most cases that could be made by Mark Cuban’s company or another indie that specialiazes in documentaries.

  • 104. Not a hater
    January 25th, 2007 at 5:01 pm

    Is this a damn Holiday Inn Express commercial?

    It always seems that the major player’s statements need to be qualified with, “I’m not a (fill in your skill here; lawyer, real estate proffesional, accountant, DA….) but I did stay at a Holiday Inn Express last night.”

    Could all of this not have been resolved with a $500 legal consultation at any point during this transaction?

    Just so I have all this straight please confirm my understanding of what all these folks are not:

    PrLezBiz and company: NOT REAL ESTATE PROFFESIONALS.
    They are responsible for real estate mentoring to get you out of this.

    DL: NOT A LAWYER.
    He is responsible for legal advise as it pertains to the the contracts written by Non Real Estate Proffesionals.

    Various Gurus: NOT PROFFESSORS
    Responsible for the paid instruction of students

    Casey’s Serin: NOT A LAWYER, ACCOUNTANT, REAL ESTATE PROFFESIONAL, CONTRACTOR…SCAM ARTIST?
    Responsible for indiscriminate signing of any peice of paper
    put in front of him, Tracking over 2 mil in debt, puchase and repair of residential properties for properties for proffit… Other duties include defrauding lenders for hundreds of thousands of dollars

    I love that you fancy yourself a great team builder. The contract is rediculous… but you signed it. You then further complicate the job of the attorney you will eventually need to hire by attempting to fight it out on your blog (which is at this point, it could be argued, belongs to the people you have the dispute with).

    You all deseverve each other. I deserve to watch.

  • 105. Fremont Realtor
    January 25th, 2007 at 5:03 pm

    Geez,

    One house got 18 offers !!!

    Sellers are happy….

    The market is moving fast in Fremont now.

    Buyers told me it’s the schools, they need to register their kids into school soon in Fremont.

    yipee./..

  • 106. mejustme
    January 25th, 2007 at 5:15 pm

    Well, I really have to hand it to you, Casey. You were right.

    You sure can spot an opportunity.

    Magical!

  • 107. Endgame Observer
    January 25th, 2007 at 5:15 pm

    Utah wrap?

    Chris job?

    NM Property?

  • 108. Clotpoll
    January 25th, 2007 at 5:16 pm

    Con artists are the easiest marks for cons.

    Just another indication of your mental pathology, Case.

    Get help. Get medicated. Get away from any line of work that involves handling more than a nickel at a time.

  • 109. JOE
    January 25th, 2007 at 5:18 pm

    Here is my first post on here, take it as you will:

    First off, for everyone out there reading this site: get off his case about the whole “liar loans.” If we were to get mad at everyone who was in this situation becuase they used a “stated income” loan, then you would be pissed off at a majority of the people out there. Almost no one REALLY qualifies for a mortgage now a days, especially here in California, unless there are these things called “liar loans”….that is a plain fact. I know from experience. I work at a mortgage office, and I am familiar with many banks in the area, all selling relatively the same stuff: STATED INCOME LOANS. Why do you think the banks actually give this loan as an option to borrowers? They knew they needed to “loosen” thier belts to get more revenue. They know the risk for these loans, and that is why they factor that into the rates given. Again, leave him alone, he did what we all would have done in the situation given to him: he jumped on quick, easy money. Plain and simple. If any of us were given the opportunity to make a lot of money quickly, we would jump on that bandwagon, especially someone without the experience to know any better.

    As for some of these other things that you have done Casey, I cannot back you up. There have been some foolish mistakes made on your behalf, but I am sure you are aware of each and every one of them, no use in us shoving it in your face. I would suggest that you SLOW DOWN, take a breather, and really look at your situation. Evaluate how and what you did to get you here. Don’t blame everything on your liar loans, because you are NOT in this situation completely because of THEM, you are here becuase of your rushed decisions, and not listening to the real advice given to you. You’ve said it yourself that you went to all those seminars on how to invest, and the helpful steps they gave you, and then you did the complete opposite. You tried to do something too fast when you didnt have the experience/knowledge to back you up. Unfortunately, that was your mistake, and there really is no way to fix that.

    What are you going to do now? I’d say take it one day at a time, and make well thought out decisions, not rushed, hasty ones. I know it’s easier said than done, but really, theres not much else you can do. Good luck

  • 110. Dick
    January 25th, 2007 at 5:20 pm

    @ West Virginia Hillbilly

    Is that you Conrad Black??? Are you taking time out of your defense preparations for next months trial?

  • 111. ha38349
    January 25th, 2007 at 5:20 pm

    Article 5 pretty much blows it for them.

    How can they provide:
    “… mentoring and guidance in his current real estate situation.”

    And at the same time claim:
    “… that Tao Realty LLC is not acting as any real estate professional, tax or law specialist. All laws and conditions are different in every state Tao Realty LLC is not presented as an expert in any form or fashion.”

    When you have a few dollars to spare, get a real attorney to review and send them a certified letter informing them that the contract is void.

  • 112. Rob BBB
    January 25th, 2007 at 5:21 pm

    Casey, was the contract misrepresented or fraudulently induced?

    Also, did they perform what they were required to perform under the contract?

    If you lose enough money and you feel that fraudulent inducement or misrepresentation was used to get you into the contract, you may have a claim against the people who had you sign it for the money you lost because of it.

    Keep good documentation of any potential deals or actual deals that you have lost or will lose because of the contract.

  • 113. TWIT
    January 25th, 2007 at 5:21 pm

    CMON TROOPS -

    Let’s help Casey for a change. Let’s all troop over to No Limit Ladies and open a can of whoop-a$$ on their blog.

    I think it’s time for an old fashion mob scene. If you won’t do it for Casey, do it because we’ve found someone smarmier than our hero!

    You guys are the best in the business at trashing someone’s self esteem. PRlinkbeatch and her evil minions need to be taken down.

    You’ve been volunteered. Do your part. It’s your duty.

    http://www.nolimitsladies.com/.....ime_1.html

  • 114. Where Do I Sign?
    January 25th, 2007 at 5:26 pm

    @ West Virginia Hillbilly:
    “The scantiness of Casey Serin’s abstract knowledge directs his sentiments more to the world of obscurantism.”

    Stop plagiarizing Homey the Clown’s posts.

  • 115. required_name_
    January 25th, 2007 at 5:26 pm

    As found on the net:

    ——–

    prlinkbiz

    Jul 27 2006, 11:26 AM

    Group: Newbies
    Posts: 11
    Joined: 20-November 05
    From: Phoenix AZ

    I got myself a Wells Fargo secured credit card when I began trying to build credit in June (2006). I have made my payments on time and I signed on to True Credit to monitor my scores. I tried to get hard copies of each of my reports, but was denied due to TU having my wrong birthday. Then I went through a divorce and a move (June/July). As far as I know, these two should not have affected my credit. However, when I checked my scores today- they were all down! I couldn’t see anything different, except that it showed I had made my payments on time.

    What now? Do I just go in and try to get my credit reports again and just start working on geting the baddies off, or work to get more lines of credit?

    prlinkbiz

    Aug 2 2006, 03:41 PM

    I am building credit right now, and so far only have two scores (Ex.606, and TU 659). I need a mid score of 620 to qualify for a no doc loan to buy my first investment property.

    Where can I get a third score quickly? lol

    I was thinking about asking my dad or a friend to put me on one of their accounts (not to use it but for the history). Would that do it? Any suggestions?

    ——

    And etc…

    What a joke she is.

  • 116. Tim, from Monterey Bay area
    January 25th, 2007 at 5:27 pm

    No, things don’t work this way:

    “Tim, you said this:

    “Maybe the contract is unenforceable, but this will take more than just a wish by Casey to make it so.”

    Actually, it isn’t.

    Casey could just ignore it.

    What is gonna happen? Are they going to sue him? For what?

    So, there you go.”

    Tim again. They can keep the contract in their pocket UNLESS and UNTIL a major deal is signed….then their lawyer contacts the Hollywood movie company and says “In case you didn’t know about this contract, you should have your lawyers look at it right now.”

    Casey cannot even get standing in court to “sue to have it revoked,” as there is no “matter of law” potentially before the court.

    The other party in the contract, Tao Realty LLC, is neither required to negotiate with Casey to relieve him of his contractual obligations nor are they required to prove their intentions.

    (If you doubt this, I can cite a bunch of large projects, including 20-story buildings that sat vacant for 30 years, because there was no obligation to negotiate.)

    Tao Realty LLC seemingly has the rights to profits from Casey’s story. Maybe it will eventually be decided, years from now, that Casey was mentally incompetent to sign a contract (doubtful), maybe some lawyers will persuade a judge that their paying for his trip, their arrangments for meals, their introductions to Kiyosaki, etc. were “not enough of a consideration,” but this seems unlikely. After all, Casey has many times bought seminars and guru meetings for substantial sums.

    Meaning, Tao Realty LLC offered their side of a deal, and Casey took it. And it was a not a deal with zero value (in terms of what Casey has in the past actually paid real money for).

    Fat chance that the contract will be voided because NLL/Tao Realty LLC failed on their end, nor on the grounds that Casey was confused or incompetent or desperate.

    As for the language of the contract, half the West and its oil and cattle rights were sold on contracts one tenth as long and just as enforceable.

    Casey signed over his rights to his story in exchange for their guru help, their access to movers and shakers like Kiyosaki, and their plans to market him. A standard agent deal, albeit Casey gave them too much.

    So the contract will likely eventually be negotiated (by mutual agreement, not because Casey thinks it “should” be) for some fraction of its potential worth. No Limits Ladies and Tao Realty LLC will likely walk away with what is due them if the Casey Story hits bigtime.

    Which is fair. This is what contracts are all about.

    –Tim

  • 117. Loads o Money
    January 25th, 2007 at 5:33 pm

    Casey - sue those two birds for mental anguish and for release of the contract. Get a lawyer mate from this website to work pro bono and sue their asses.

    Then lets see if they start paying their lawyers to defend, hahaha.

    Find out what business they’re in.

    Check if they own any real estate ( loads o money!!!)

    Sign yourself up as a member of their LLC

    Report their company to the Better Business Boro ( I cant spell )

    Check if they own real estate in their own name

    Slip and Fall outside one of their properties and hurt your head ( hahahaha ) and sue their asses for recurring headaches and severe backache

    It they are licensed RE agents, report them to the state RE commission.

    Contact the IRS - ask to audit them

    Get details of their family - run credit checks on them. Get their SS numbers.

    Report them to credit boro

    And again - get a laywer to sue their assess to release from this contract

    Loads O Money

  • 118. Sara
    January 25th, 2007 at 5:35 pm

    “Your honor, everyone cuts their smack with rat poison! I didn’t think it was really THAT wrong! I mean, I know that people died and all, but I didn’t MEAN for them to die! I just wanted to make more money on my Sweet Smack Deal, just like my Dealing Guru told me! My Guru does it all the time, he makes shitloads of money and none of his customers have died! So, like, it wasn’t a CRIME or anything! I don’t deserve to go to jail, ’cause it was an innocent mistake!”

  • 119. Baffled
    January 25th, 2007 at 5:38 pm

    #103 Pancho, why is Casey’s head next to your comment?

  • 120. Sue THEM
    January 25th, 2007 at 5:38 pm

    Tao Realty LLC

  • 121. Casey Serin
    January 25th, 2007 at 5:39 pm

    For those wondering… no they did not perform anything along the lines of “mentoring and guidance in his current real estate situation”. We never got to that part.

    Meeting Robert Kiyosaki was never part of any formal deal. The standard line out of Erin was “I just want you to come out and meet him and get encouraged”.

    However, I was wondering about any hidden agendas the whole time.

  • 122. Casey Serin
    January 25th, 2007 at 5:43 pm

    @Pancho: are you trying to hack my blog buddy?

  • 123. whiplash
    January 25th, 2007 at 5:45 pm

    I doubt anyone remembers, but I mentioned just the other day that the new character “duane” was the pivot point this story needed, and that he was gonna be instrumental in releasing the floodgates of action.

    That said, Dude, it personally pains me to know that ACTUALLY signed that contract.

    You clearly didn’t watch enough crime shows as a kid.

  • 124. TWIT
    January 25th, 2007 at 5:46 pm

    “Just barely english” is being kind.

    Can anyone explain what this means?

    “All media, publications, including but not limited to advertisements; print, radio or otherwise, web sights, blogs, books etc will not release any client of Tao Realty LLC or any affiants as a client of in any manor.”

    I was going to try to paraphrase, but can’t figure out what it means and could not even begin to construe what it’s supposed to mean.

  • 125. One last comment
    January 25th, 2007 at 5:48 pm

    Casey:

    You know what the funniest thing about this is (or the sadest)?

    That many people here saw right through prlinkbitch WITHOUT EVEN SEEING ANY OF THE CONTRACT.

    And you PROTECTED that b***** all the way. Wow. Way to go to always choose the wrong side. Way to go with the ignorance and the hostility towards all the “haters”… And you still don’t understand why they turn aggressive on you?

    And, by the way: you signing the contract is not impulsive. Any ten-year-old would smell a rat. And the proof that you’r enot just being impulsive is the fact that you defended this deal for so long. That’s anything but impulsive.

    Dude, i don’t know what to say. I am speechless. I am extremely mad at myself for not being able to stay away from this misery. You make me discover the sadistic side of me. And, to some extent, I might be a tad masochistic too. Honestly, this whole situation makes me want to pound my head against the wall!

    Aaaaaaargh!!!

  • 126. Loads o Money
    January 25th, 2007 at 5:50 pm

    From
    http://workingwithrichdad.blog.....chive.html

    Is this the same Erin Morgan ?

    “We are also excited to have Erin Morgan (emorgan) as the Community Manager for www.richwoman.com. She is a long-time member of the Rich Dad community, is an active member of the Rich Dad forums and will be a perfect fit for this position. We are lucky to have her aboard”

    Loads O Money

  • 127. Loads o Money
    January 25th, 2007 at 5:52 pm

    Why dont you contact that Kawasaki guy, and say what Erin did to you, and see if she remains on his payroll ( or on richwomans payroll ) and report back here.

    Lets see how ethical Kawasaki is….

    Loads O Money

  • 128. z.
    January 25th, 2007 at 5:55 pm

    Yesterday I was sick so I saw Judge Brown’s show. There was a woman that got distracted and smashed her car into the car in front of her. She had no insurance (and no teeth but that’s neither here nor there) and she was complaining it was unfair to ask her to pay for the damages her stupidity had caused because it was too much money and the other car owner wasn’t concerned about her and the woman in the smashed car had yelled at her instead of worrying for her and omg it’s not fair.
    Of course she didn’t mention there were two small children in the smashed car, one of which lost conciousness right after the accident. And the woman just kept saying: making me pay IT’S NOT FAIR!
    That’s you Casey, you keep saying it’s not fair! and whining and complaining. But you brought this on yourself. They are screwing you, yes. Do they have the right? yes, you gave it to them. So instead of saying IT’S NOT FAIR, go to court.
    Judge Brown needs to yell to a white man for a change.

  • 129. Cousin Vinnie
    January 25th, 2007 at 5:56 pm

    Some of youse guys clearly ipso facto don’t frigging know what you’re talking about.

    Yes, contracts are contracts, period, in every jurisdiction. Contracts are legally enforceable agreements. Not all agreements will be enforced. Is there a contract here?

    My guess: vague, illusory and unenforceable.

  • 130. Endgame Observer
    January 25th, 2007 at 5:57 pm

    Why did Casey post the contract? Seems like he did so primarily at Duane’s urging.

    Why did Duane urge him to do so? Why expend time and energy on that distraction now?

    Hypothesis:

    - The upside for Duane’s adult supervision of Casey is not ad clicks (he has to know we’re not here to buy RE services).

    - The upside is that Duane, by coaching Casey to financial health (although Casey has proven otherwise numerous times, sounds like Duane thinks Casey may be coachable), gets his piece through story rights/participation.

    - Duane, not a stupid man, seeing that the prlinkbiz contract stands in his way, decides to drive that to ground before his sunk cost gets too high.

    Comments??

  • 131. z.
    January 25th, 2007 at 5:58 pm

    Oh! and the person who signs a contract without knowing how much will be in it for him isn’t “too trusting”, it’s just plain stupid.

  • 132. Sue THEM
    January 25th, 2007 at 6:02 pm

    they can not have “realty” in the company’s name if they do not hold real estate license

    SUE THEM

    Get Millions and Share with us!!!!

  • 133. Casey Serin
    January 25th, 2007 at 6:02 pm

    @Everybody thank you for the feedback and advice so far.

    @Endgame Observer.. quick status update:

    Utah wrap: no major news - the payments are being made and the property is not in foreclosure as far as I know, there is still one payment that is missing and I’m still trying to track it down with the bank.

    NM property: spoke with the realtor over there today and told him to slash the price to 469 and when we start getting offers we’ll take them to the bank and I’ll help him negotiate a short-sale (he’s never done one before)

    Burdett: just decided today to give up on trying to owner finance. Talked to another Sac realtor who I know that specializes in Short Sales. He is going to list the property for me and take over the negotiations with the bank.

    Chris Job: not sure about this yet… will see him tonight and we’ll discuss more. I’m still trying to find a good way to work with him because he has plenty of computer related and follow-up related things for me to do and he is very willing to pay for it.

    I’ve just been busy with the blog. Have you noticed the fast moderation lately? Well guess what, that means I have to sit here and hit REFRESH every five seconds and approve comment. Its fun because I get to watch the conversation unfold and I get instant feedback. And now that I have a way to get paid for my activity on this blog I can justify the extra time spent here.

    The problem with working with Chris is that the “University” has a bad reputation with you guys and you continue to accuse me of being a SCAMMER again. Well I really want to start to stay away from anything that even looks shady (even if its legitimate after you really investigate).

    I still think highly of the university because I think their educational offering, local community and property database combination of features is much better compared to other high-priced gurus/offerings. (and if you want cheap REI education but still quality try REI.TV or some of the books mentioned here).

    The biggest problem is the “networking” part that gives the University a bad smell on the internet. It’s not Multi level but its still a direct-sales type of things so most people assume MLM and when they hear MLM they assume SCAM.

    But since my future is all about cleaning up my mess and staying away from stuff that LOOKS shady I may have to reconsider my regular involvement with the University.

    Part of my job with Chris is to help him with the sales and part of it is to help him with computers, websites, and any real estate projects that will come up.

    So I’m not sure how many of those parts I am going to end up keeping. All I can say is that it’s still “up in the air”.

    (Same goes for Corporate Credit… unless I can find a way to do it COMPLETELY in the white… but then again Duane wants me to stay away from Real estate for at least 6 months… man oh man!)

  • 134. Will
    January 25th, 2007 at 6:03 pm

    Ogg (45)

    Brilliant insight.

  • 135. Austerity
    January 25th, 2007 at 6:05 pm

    “…Then we get on a 3-way chat online and both ladies are pressuring me to sign this contract.. NOW! …”

    So, of course, you ending up signing it.

    Casey, honestly, can you do ANYTHING right??

    I don’t know whether this contract is enforseable but
    I do know that anyone can sue anybody for anything and
    if these nice ladie(s) decide to sue you you’re going to
    have to fork-out for an attorney to defend yourself.

    Just about the time I think you have done everything
    conceivable to make your situation worse, you manage
    to find a new way to compound your problems.

    $50,000.000 notes, screwy contracts, “wrap-around”
    sales, etc. etc. etc.

    Considering the mess you’ve made, do you consider
    the $30,000.00+ expended on your “real estate education”
    to be money well spent?

    This is not a trick question.

  • 136. Hi...I'm Dolph DeRoos
    January 25th, 2007 at 6:06 pm

    Uhhh Joe: I am not mad at Casey if ONE liar loan is all he signed. HE WENT FOR 8! 8!! C’mon, don’t be an enabler.

    Poor wittle Casey. Please. He deserves the scorn because he doesn’t listen to anybody but that impulsive little voice in his head. He kept doing it and doing it.

    Sorry, nobody will get off his back because he buried himself and won’t listen to any REASONABLE advice.

  • 137. Endgame Observer
    January 25th, 2007 at 6:08 pm

    Loads o Money / 132:

    Why dont you contact that Kawasaki guy, and say what Erin did to you, and see if she remains on his payroll ( or on richwomans payroll ) and report back here.

    Lets see how ethical Kawasaki is….

    Are you serious? We already know that answer! RK would just make another joke about Casey being “a greater fool”, or another vulgar joke about Casey and prison sex. Then RK would go back to counting the number of DVD’s sold that day…

  • 138. T.White
    January 25th, 2007 at 6:09 pm

    Casey, please review the contract below at your leisure and if you are agreeable to the terms, sign it in the presence of two people of sound mind and a public notary and return it to me via certified mail.

    I, Casey Serin, have screwed myself, and I acknowledge that I have screwed myself (Casey Serin).
    I hereby defer all blame in this matter to everyone who is not me (Casey Serin) and I will seek recompense by placing a ‘tip jar’ on my blog.
    All monies collected via this pitiful begging method will be forwarded to T.White, who promises to hold them until my release date. Upon my return to society, I reserve the right to hold said society (everybody) responsible for any or all future major miscalculations that everyone else (not Casey Serin) may or may not make on my behalf.

    signed
    x_ _ _ _ _ _ _ _ _ _

    Casey Serin.

  • 139. Attorney
    January 25th, 2007 at 6:11 pm

    http://starpas.azcc.gov/script.....ype=L.L.C.

    public record

  • 140. jamba juice momma
    January 25th, 2007 at 6:11 pm

    one other note casey. others have pointed it out. this contract may not be enforceable BUT you will have to spend coin to void it. So will she to enforce it. Both you and her seem to be lacking funds(you’re way worse off than her) so I don’t think either wants to pony up several thousand dollars for a good attorney to ride this one out. More than likely she knows this.

    Which means you more than likely will have to either a) pay an attorney lots of cash to get it tossed or b) settle with her. either route is going to cost money….money you don’t have.

    This is where duane will be stepping in. He will front the money for the attorney on condition…that he gets part of the story rights. its a win win deal…for everyone but casey. yep you have that magical touch. touche my friend. touche!

  • 141. Endgame Observer
    January 25th, 2007 at 6:13 pm

    Casey - thanks for the Utah, NM, Chris updates. Sounds like you are making progress in those areas.

  • 142. PVC
    January 25th, 2007 at 6:13 pm

    “So agreed, this 27th Day of Ocotber 2006.” Did they really write Ocotber? Is that the month after Serpenteeber?

    Casey, stop signing anything. Just say NO!

  • 143. Hmm
    January 25th, 2007 at 6:14 pm

    You want to steer clear of scams, is that right?

    If there is one thing that stinks more than the University, it’s Duane.

  • 144. Hi...I'm Dolph DeRoos
    January 25th, 2007 at 6:15 pm

    Casey: Props for talking about Chris and the U. I can give props when you deserve it.

    If that is TRULY why you aren’t working with them in order to prove to us you are over iffy deals, good for you.

    Now for the criticism: Your man oh man comment with regards to staying away from RE for 6 months kills me. Huh? You should be MORE THAN HAPPY to stay away because your talents are not in RE. PERIOD. End of story.

    Face it kid, you are not a RE investor. You aren’t gifted in this arena (if you sign deals like the one above, you are NOT gifted in anything but impulsiveness) and the Creator no more endowed you with ability to spot “sweet deals” than he did the bum begging for pennies (wow, a QUARTER, SWEET!). I doubt you can pull money out of your butt (using a quote from someone close to you) so stop. Even if you could find a suck…errrrr….lender, you’d have to wait MANY YEARS before any sane RE loan agent would give you anything to buy a building let alone an outhouse in the woods.

    Your talents are in building websites, if anything.

  • 145. Endgame Observer
    January 25th, 2007 at 6:15 pm

    Casey - an unimportant, but neat, suggestion:

    Let the regulars have avatars on our posts so we can visually scan for posts…

    Someday, maybe…

  • 146. Endgame Observer
    January 25th, 2007 at 6:20 pm

    Casey - you’re deleting my posts again.

    You know, the one where I made the cool literary reference to Scylla and Charybdis. I was really proud of that one!!

    Why? Want me posting at Cote’s site instead?

  • 147. Sac Realtor
    January 25th, 2007 at 6:22 pm

    Casey wrote: “Duane wants me to stay away from Real estate for at least 6 months… man oh man!”

    No way Casey can stay away from Sweet deals for 6 full months…

    This keeps getting better and better Casey should look in to makng this in to a TV Special…

    Don’t forget to contact Jamba Juice since you are born sponsor…

  • 148. Chick-Fil-A
    January 25th, 2007 at 6:23 pm

    Casey,

    “Is it right for Erin Morgan (Prlinkbiz) and Joy O’Day (Tao Realty, LLC) to take full ownership of my story and offer nothing SPECIFIC in return?”

    Of course not, only a supreme idiot would sign a document like this. The kind of person that signs a document like this isn’t competent to invest in real estate. The kind of person that signs a document like this isn’t competent to decide what to eat for lunch.

    “I am now convinced that Erin Morgan (PrLinkBiz) and Joy O’Day want nothing else but to SCREW ME and to TAKE ADVANTAGE of my situation.”

    Try as they might, they can’t screw you or take advantage of your situation. It can’t get worse for you (unless you are arrested) and there is nothing to take. Also, I infer from their behavior that they can’t afford a lawyer to attempt to enforce this contract. Certainly, no lawyer will take this one on contingency! They are bluffing.

    A few notes on the “contract” itself. This contract was not written by a lawyer. The language is imprecise in the extreme. It contains completely nonsensical clauses (e.g. “All media, publications, including but not limited to advertisements; print, radio or otherwise, web sights, blogs, books etc will not release any client of Tao Realty LLC or any affiants as a client of in any manor.”) It is not even obvious on first reading what the parties are agreeing to. Importantly, the contract states “Casey Serin agrees to a non-compete position irrelevant of individual state laws for up to 10 years after the project dismemberment.”

    There are two obvious ways to attack it now.

    Argument #1:

    The contract clearly states that it (whatever it is) may be “dismembered” at any time and your non-compete survives “up to 10 years”. So who cares what the contract is about. Either party can dismember the contract and/or then sever the non-compete up to the ten year mark because the contract doesn’t specify that either of these choices must be mutual. Just write them a certified letter saying that you are exercising your contractual right under this clause to “dismember” the project and that you agree not to compete for a week which is clearly within the contractual timeframe of “up to ten years”.

    Argument #2:

    Too bad these two bimbos didn’t use lawyers. They really stepped in it when they said “irrelevant of individual state laws” and did not include a severability clause. The purpose of a severability clause is to keep the contract in force if part of it is illegal. They really need that because when they said “irrelevant of individual state laws” they broke the law and admitted to it! By not including a severability clause, you can argue that the entire contract is now illegal. As a bonus, they can’t claim the lack of a severability clause was an oversight. They have a severability clause in the non-disclosure contract and thereore must have chosen not to have one in the main contract! A little more about severability clauses: http://en.wikipedia.org/wiki/Severability_clause

    Nothing is going to happen. A good lawyer could easily stop enforcement (whatever enforcement might be - the contract never really addresses enforcement!) of this contract.

  • 149. Blogg Buddy
    January 25th, 2007 at 6:24 pm

    “…I am now convinced that Erin Morgan (PrLinkBiz) and Joy O’Day want nothing else but to SCREW ME …”

    Be sure to use protection

  • 150. PVC
    January 25th, 2007 at 6:26 pm

    Casey:

    Did you send a letter of Recission to Tao Realty LLC? Did you send it certified? I am definitely NOT a lawyer, but many California contracts have a three day right of recission period.

  • 151. Rob BBB
    January 25th, 2007 at 6:33 pm

    Tim, please quit commenting on things you know absolutely nothing about. Do this, before posting, think to yourself:

    “Do I really know anything about this subject matter or am I just going to talk and talk about something I have no knowledge of”

    You’d probably post a quarter as much and your posts themselves would be quarter sized.

    Here is what you said:

    “So the contract will likely eventually be negotiated (by mutual agreement, not because Casey thinks it “should” be) for some fraction of its potential worth. No Limits Ladies and Tao Realty LLC will likely walk away with what is due them if the Casey Story hits bigtime. Which is fair. This is what contracts are all about.”

    You are not a lawyer. If you were, you could read the contract and see all the problems with it. But you aren’t. You just pontificate on whatever you are thinking at the moment.

    There will be no negotiation. There is nothing to negotiate. Why the hell would anyone negotiate over this thing? What is the point?

    Let me ask you a question. If I get you to sign a contract saying that everything you earn from now on is mine and you sign it, do I get everything you earn?

    Do you have a clue how contract law works at all?

    Tell us, how many times have you been in court. How many times have you been deposed. How many times have lawyers crawled through your email and phone records and deposed your coworkers, friends and family. How many contact cases have you had to fight in court? How many contracts have you broken or renegotiated?

    The people who got Casey into this contract have more on the line than he does at this point and you can’t see that at all, can you?

  • 152. Stephanie J.
    January 25th, 2007 at 6:34 pm

    @Kevin; you’re killin’ me. :)

    @#33 Hillbilly Schmillbilly…

    Shut the hell up already. I have never seen a bigger, steamier load of pretentious monkey-shite in all my life. You sound like some random community college student who parrots words his complexed, bitter professor uses in order to sound better-informed than his students. Keep that nonsense to yourself. Nobody’s impressed.

    @everyone: Casey’s bad decisions aside; there’s something really insidious and rotten about these vulture-women / harpies and their badly written contract (my editor would have a field day with that grammar). I wonder how many other misguided souls they’re circling over, with crappy contracts clutched in their talons. Someone who attempts to secure profit from the misfortune (or idiocy) of others is especially disgusting.

    They deserve to have someone’s foot broken off in their a** just for the bad quality of a quasi-legal document; not to mention for their actions.

  • 153. Sproquita
    January 25th, 2007 at 6:40 pm

    West Virginia Hillbilly posts long similarly worded diatribes on other blogs. This quote is from one of them: If so, I can say only that the unalterable law of biology has a corollary that is generally overlooked. Specifically, Jay’s mercenaries maintain that “all minorities are poor, stupid ghetto trash.”

    Substitute Jay for Casey and it’s the same thing.

  • 154. Reality Central
    January 25th, 2007 at 6:43 pm

    HungryBear:

    First this:

    Absence of consideration was also true of your Countrywide note. Basically, the court will not enforce your promise unless you have received something in return for that promise.

    then this:

    You cannot have a contract without consideration. Period. This is why most well written contracts contain a phrase like “Now then, for good and valuable consideration, the receipt and sufficiency of which is acknowledged, the parties agree as follows…” I’m not an attorney but I’ve seen variations of that phrase in contracts 1000 times. There is a reason for it.

    Look at the Countrywide document again. It says “FOR VALUE RECEIVED.” In all caps, no less.

  • 155. Clotpoll
    January 25th, 2007 at 6:43 pm

    I’m with TWIT (#118)…go over to their site and flame these cry-arse MLM byatches.

    All this Kyosaki/Amway double-talk ought to be brought to the light of day and called to account. It is predatory and fraudulent on its face.

    “Just one year ago, my husband left me. For weeks, all I could do is sit in my living room and stuff myself with cans of cake icing and Jimmy Dean microwave sausages. Finally, when my weight had ballooned to 472 pounds and I realized that my dog was raising my children, I turned on the TV one day and there was Mr. Kiyosaki. From that day, my life has changed…”

    Barf.

    Casey is mentally ill and a criminal, but much of what he has done appears to be a result of smashing ignorance and stupidity. Prlinkbiz and her ilk are conscious, scheming and fully aware of their predatory goals. A Maricopa County chain gang would be a fine end for them.

  • 156. John M
    January 25th, 2007 at 6:47 pm

    For all those hoping for an epic trial for Casey, we can forget it. All the prosecutor needs to do is send Casey an written admission of guilt and promise that he is doing all that he can to help, he just needs Casey to sign the piece of paper first. And maybe promise him a Jamba Juice.

  • 157. DrifterBee
    January 25th, 2007 at 6:47 pm

    Casey,

    You should have learned this by now:

    1. Don’t sign anything without consulting with a knowledgable 3rd party.
    2. See #1

    What, would you go and overpay for a used car and not have it thoroughly checked out by a mechanic?

    C’mon — think Casey. You’re hard core un-educable.

  • 158. star
    January 25th, 2007 at 6:47 pm

    The “university” is MLM regardless of whether you call it “direct sales” or whatever. It’s all about recruiting others to extract money from them. In fact, it’s one of the most audacious scaminars around going by what they charge people.

    There is nothing you will ever hear in a scaminar that you can’t find out yourself for free.

    Go ahead and work with Chris but only on the web stuff. If you want to stay in real estate, make it internet real estate. It’s the only thing you’ve had success with so far. It can provide the passive income you’re seeking. It could potentially make you enough money to clean the slate. Stick with what’s working. Capitalize on what’s already in your hands. Get “G” in on it too.

  • 159. FuturesTrader
    January 25th, 2007 at 6:50 pm

    That contract isn’t enforceable. On this one, I am on your side. These women are scum bags and they are taking advantage of you. You needed real, genuine help — not a contract.

    I’m a lot like you. I got duped and fooled a good chunk of my life too. I think you’re a mischievous guy and a bit naive. Still though, I think you, in your CURRENT STATE (not permanently) are a scoundrel who’s getting away with more than a lot of other people are getting away with. You, of course, don’t see yourself as a criminal even though you clearly are one at this point. I’m no saint either, so I generally try to hold back from calling you harsh names. In another 2 years, it might be me doing something stupid like you did.

    Despite what people say about my comments, I still maintain that you have done more net damage to society than a lot of people who are already serving time. Our justice system is totally broken, racist, and fundamentally unfair.

    I read your blog like an addiction because I want to see if our justice system gets into action. They put guys into the criminal justice system for stealing stuff under $50, but you literally scammed hundreds of thousands of dollars.

  • 160. DontBuyIt
    January 25th, 2007 at 6:50 pm

    “However, I was wondering about any hidden agendas the whole time.”

    Oh, BS, Casey. You’re so full of it you probably slosh when you take corners too sharply.

    You *gushed* like a giddy schoolgirl over her and her deal, just like you gushed over K the RE Pimp when one of his “girls” led you to the slaughter.

    You got made a chump of, and you don’t have the spine to admit it.

    I was done with you, as I despise everything you stand for, but I’ll watch now, as I’m now a big fan of Erin’s.

    In fact, I’m going to go right now and e-mail her about it.

    Moderate this away, chump, just as long as YOU see it. The truth WILL come out on Robert’s blog.

  • 161. Jim
    January 25th, 2007 at 6:51 pm

    @Casey: BTW, any response (on email or otherwise) from PRLinkbeeyotch and Co.? Please post all their emails for the world to see!!

  • 162. Duane LeGate
    January 25th, 2007 at 6:52 pm

    @Li Li post 82

    “And Casey,
    You are an idiot. Duane is doing the same thing that you accuse Joy and Erin of…he needs you to hold the rights to your saga, so HE can have them. You are surrounded by venemous leeches. Wake up. ”

    You caught me. I am holding in my hand not only all the rights to Casey, but his DNA, his future kids, and all the minerals from his body if cremated.

    Can’t put anything past you…

  • 163. Duane LeGate
    January 25th, 2007 at 6:56 pm

    You guys are Killing me.. this is freaking HYSTERICAL…
    “Now there are complaints that Casey would rather nenege on his deal with Tao Realty LLC and instead go with someone else (presumaby Dwayne LeGate?).”

    I have sponsored a blog for a month and been trying to help Casey see the light on certain things…

    Yes… it is true.. I am Mr. Evil and am lurking in the wings.. waiting for the vunerable Casey… to PROFIT off of HIM!?!?!

  • 164. anon
    January 25th, 2007 at 7:00 pm

    You get “mentorship”? LOL. What’s the real market value of that mentorship?

    This contract cannot be enforced in a court of law. Looking at it, I wonder if RK’s Rolex is a cheap fake.

    You have no contract with them until they pay you in cash or tangible goods or services. Tell them to f*** off and die. That’s exactly how I would treat this “contract” dispute.

  • 165. Mr_Adolph_bin_Streisand
    January 25th, 2007 at 7:00 pm

    OPIES IS TRIPPIN’. I JUST CLIZZOSED ON MY NEWPORT COASS MANTION. $8MM PAID CA$H MONEY FOOLIO.

    DNT!

  • 166. oozing_santorum
    January 25th, 2007 at 7:01 pm

    #27. Frank

    Casey, federal law states all contracts can be rescinded within 3 business days - even if signed. Since you contacted them within a day to cancel this contract why do you think you are still bound to it? I think you’ll sleep a lot better at night if you can confirm that with a lawyer. I don’t believe you’re bound to anything at this point. And that contract is so ambiguious and one-sided it will never hold up in court.
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~

    Frank -

    You are an ignorant fool. There is no such federal law.

  • 167. TRANSITIONed FROM HATER TO INTENSE LOATHER
    January 25th, 2007 at 7:02 pm

    I no longer hate, I loath and despise _ and this posting explains why. Here you have two innocent women who negotiate a contract in good faith, which now you decide you want to break. I don’t know their side of it, but I do know what I read here and it points to another effort by Casey to wriggle out of his obligations. Could this be at all connected to the fact you now are making money off this blog with the ads you tout, and don’t want to share the loot?
    It’s tiresome to remind you that many on this blog told you of your mistake at the time, and yet you signed of your own free will. Yet again in the last few days you signed a legal agreement with Countrywide which would seem to obligate you to $50,000 in new debt. Now you regret that, too, and summarily decide to take it off your debt ledger.
    I won’t repeat what others have said about the special pleadings you make of no intent to defraud the banks when you defrauded the banks _ not once, mind you, but several times.
    IMO, you deserve every hateful posting, and every malcious comment you have received. Your morals are as loose as your spelling, and your actions are despicable.

  • 168. Dealio Sweetenhoffer
    January 25th, 2007 at 7:07 pm

    Hey check it out, put a face to both Erin and Joy:
    http://community.richwoman.com.....ure19.aspx

    And what is up with Kim Kiyosake over at richwoman.com? Is she trying to get on “What Not to Wear”? I know Ogg isn’t a fashion expert, but I suspect that even he knows that shoulder pads are out this decade. And he’s only a caveman. (I’m not sure if he’s mentioned that.) Maybe she’s going for the Miami Vice dinner party look. Ogg, when was the last time that jacket was “in”? Mid-jurassic?

    But I kid, KK is totally hot. Be sure to watch her “Rich Woman Minute” video. I learned an awful lot from it, yessir, I did. Ok, I didn’t.

    http://www.richwoman.com/Media.aspx

  • 169. GC
    January 25th, 2007 at 7:09 pm

    wow.

    1) The amount of interest in this contract is amazing. Its worthless even if it is legal, so whats the big deal? People - for Casey’s sake - please stop acting as if his story is worth anything. You’re not helping him by letting him remain so delusional. You and he and these crazy people in AZ (who are to their industry what Casey is the RE business) are arguing over a POTENTIAL 1500 month at this point. Even if its twice that, we are talking burger-flipping money, folks (and you can’t eat the leftovers after closing when you blog for a ‘living’). I’m willing to bet that the total proceeds from this blog divided by number of hours Casey spent managing said blog comes out to much less than minimum wage, even in Casey math (sans expenses, taxes, etc.)

    2) Rob BBB - forgive me if I am incorrect, but were you the one sharing all the ‘wisdom’ about how the housing-related stocks are a long-lead indicator for the housing market in general, and that its all about to turn positive again? How should I read the RE market after what happened to the stocks today? Sweet deals or head for the hills?

    Best of luck, Casey.

  • 170. Bubba X
    January 25th, 2007 at 7:11 pm

    Endgame Observer, Jason, Dick, Where Do I Sign?:

    With regards to West Virginia Hillbilly.

    This is the output of a famous complaint generator. It doesn’t matter if you are a PhD in English, it will still be nonsensical (but with perfect grammar!)

    Try it yourself:

    http://www.pakin.org/complaint

  • 171. Anon
    January 25th, 2007 at 7:11 pm

    Dear Casey

    Certainly the stuff of “Bleak House” (haw haw!) though I admit I found myself speed-reading, and retaining little of the details. No doubt your more litigious fans will be digging up old tapes of “The Paper Chase” to cite this or that pithy bit of prime-time nonsense.

    But in every Serin missive there is always a core of something-or-other that provokes interest. In this case it hides in plain sight: how, may I ask, did you ever got yourself involved with a character named Joy O’Day? Who’s she when she’s at home, the stand-in for P**** Galore? Pull yourself together man, she sounds like a stripper! Anon certainly has fond memories of these sorts of outre amours, and for a minute it looked like “3 way…” was going somewhere, but no…

    Simple advice from an older man to a younger one: you need to stop associating with this sort of trash, and frankly stop fussing about the attentions of tramps one would normally leave with nothing more than pocket change and memories. PrLinkBiz? Gah! How in the name of Pluto does one even pronounce that?

    Focus, my dear boy. And please no more multi-thousand-word legal briefs. Admittedly it’s catnip for the “I’mnottalawyabut”-crowd, but I think you need to boil it down - not all of us have time to wade through this and give sage, considered, “L.A. Law”-tested legal advice. Lives to live and all that.

    I remain yours, in the spirit of justice -

    Anon.

  • 172. 91q45
    January 25th, 2007 at 7:23 pm

    Casey,
    I am at a loss of words??
    Your new friend (Sweet partner) DL@
    has you all worked up about how you can walk away from Prlinkbiz and family,

    You have now entered the world of Tort Law,
    I am very sorry that you had to find out the hard way, that attorneys are a dime a dozen,

    91q45

    PS
    You need a attorney that is (Licensed in Arizona)

  • 173. Stan
    January 25th, 2007 at 7:28 pm

    How about inviting the two guru chicks to join the discussion…??

    Sputnik is looking for a cat fight and shoes to poop in
    Ogg is scoping out women to club and drag off to the cave

    …and I’m sure there are a number of regulars who have LOTS of questions for the two lovely ladies.

  • 174. Ted K
    January 25th, 2007 at 7:32 pm

    @Tim from MB

    You’re wrong about a court not being able to make a judgment here bc of no matter of law- Casey could simply file for a declaratory judgment that the contract is unenforcable and/or nonexistent for a bunch of reasons- vagueness/duress/lack of consideration. I’d say there’s about a 95% chance that he’d win that’s an awful contract, you really could drive a truck through it.

    Ted JD

  • 175. Duane LeGate
    January 25th, 2007 at 7:36 pm

    @Endgame post 135

    “- The upside is that Duane, by coaching Casey to financial health (although Casey has proven otherwise numerous times, sounds like Duane thinks Casey may be coachable), gets his piece through story rights/participation.”

    NO SIR! Print and Save… You will never see me trying to own anything of Casey… I may employ him one day doing website development, I may continue to sponsor this blog (if it helps from a SEO standpoint), or I may help him by letting him speak to my attorney… etc… as long as… AS LONG AS.. he continues the road he is on…trying to do the right thing… making restitution… owning up to mistakes…

    THERE will be NOTHING more.. EVER than this type of relationship…

    But.. on a lighter side.. thanks for thinking of me.

  • 176. Rooting 4U Casey
    January 25th, 2007 at 7:37 pm

    Hey Casey,

    I hate to admit it, but I’m addicted to your site :-0 I’ve been following you since the very beginning. I don’t agree with most of what you’ve done and I’m not always certain of your true intentions, but I hope that you get out of this mess learning what’s really important in life (and believe me, it’s not money $$$, it’s God, family, friends and people in general)!

    I think Tim’s advice in #92 sounds pretty good. If you can get someone to pay you for your story and in turn make all things right with everyone you owe money to, that would minimize any time you’d have to spend behind bars hopefully (?!).

    As far as Erin and Joy, let God get your revenge there. Hopefully the ‘press’ will give them what they deserve for trying to take advantage of your situation. You on the other hand are hopefully taking responsibility for your part in all of this (even if you cannot totally admit your wrong doing openly on the blog as some would like ;-0).

    I can’t get enough of Sputnik, Og, and others (memory fails me as to all the other brilliant posters - ahhhhhh!) whose humor make this blog something to come back to every day. Please remember the non-haters (like me LOL) when they are casting your movie. I sure could use a job (just like you)!

    Kepp the faith brother :-)

  • 177. Still here
    January 25th, 2007 at 7:45 pm

    Can’t believe this is still going on. Sad to say, I’ve been watching this wreck since the Fool.com article (anyone else remember that??)

    Anyway, @ Common Sense (#81), you said:
    “For example, if I was dying, and I had only a few days to live, and someone came along and told me that he can cure me if I gave him a million dollars. And if I said ok, because I got nothing to lose. I’m dying anyways. Then in that situation it would be obvious that that person took advantage of my situation and defrauded me. When I finally come to my senses, I realize that I shouldn’t pay him a million dollars, and he decide to sue me for breach of contract. He definitely would lose the case. ”

    Don’t hospitals charge money to cure people that may very well die anyway? Won’t those people still have to pay their bills (if they (or their insurance companies) haven’t paid it upfront? Don’t see how the hospital loses the case just because the person was dying (assuming they were sane enough to make the agreement)?

  • 178. ChasingTheMarketDown
    January 25th, 2007 at 7:46 pm

    try yahoo or msn ad network. You could also try text link brokers. That might generate some funds. adbrite might be a solution too.

  • 179. Rob BBB
    January 25th, 2007 at 7:50 pm

    Just one example why the contract is totally screwed up.

    Apparently, to make the contract, they took this:

    http://www.lectlaw.com/forms/f086.htm

    which is a partnership agreement

    and just changed words to try and make a different contract out of it by changing the words “partnership” to “agreement” in the document and then editing various sections.

    Problem is.. an “agreement” isn’t a “partership”.

    So, it doesn’t make any sense.

    There is no way a lawyer did this and there is no way any lawyer from either side ever looked at it. I can’t make head nor tail of much of it.

    To start out, how do the “parties” have a principal place of business when there is no business. This talks about an “agreement” not a “partnership”. An agreement itself does not have a principal place of business.

    How can Casey contribute things to an “agreement”? How do you “capitalize” an “agreement”? How does an “agreement” have operations? How does an “agreement” will be liquidated”?

    How does an “agreement” have a salary that gets dictated?

    This thing makes absolutely no sense whatsoever.

    It is so stupid it makes my head hurt.

    Maybe Tim can explain it to all of us.

  • 180. Still here
    January 25th, 2007 at 7:56 pm

    Also, can I say something else? What happened to Homey da Clown? I used to be a big fan but I’m not sure why he went from posts like this (back in December):

    http://iamfacingforeclosure.co.....ment-13207

    http://iamfacingforeclosure.co.....ment-13298

    To posts like this less than a month later:

    http://iamfacingforeclosure.co.....ment-23042

    http://iamfacingforeclosure.co.....ment-26321

    What gives?

  • 181. oozing_santorum
    January 25th, 2007 at 8:01 pm

    86. RB

    What a lot of people on here seem to be missing is that there *was* an exchange of consideration… The ladies picked up Casey’s expenses on his trip to Phoenix to see RK.
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    Wow. Another dumbass who watched Matlock and thinks he’s Oliver Wendell Holmes. The “consideration” given before the contract was signed. Consideration cannot be something done or given before the creation of a contract.

  • 182. Still here
    January 25th, 2007 at 8:02 pm

    Lastly (on a roll here), hooray for Duane. Been a while since we had someone coherently take the “Casey may not be completely beyond hope” side of the argument. Nigel used to do it but methinks he got jaded after 3-4 months of banging his head against the Serin wall. Can’t really blame him.

    Okay, back to lurking.

  • 183. Zappa Fan
    January 25th, 2007 at 8:07 pm

    Duane,

    Get a freakin’ life!

  • 184. WTF????
    January 25th, 2007 at 8:09 pm

    Yet another question. How in hell could Casey profit from his story of failure? Even if he eventually pulls out of it with flying colors and rivals Bill Gates in the cash dept would anyone even care?? I read the blog because it’s free and theony effort is a couple of clicks on the mouse. But I would never pay for his story of utter failure and inevitable blazing success. Just like a wreck, you look, comment,and then just move on to your own life. Surely I can’t be alone in this line of thinking. My point is why even dwell on that trashy little contract because I really don’t see how it can ever be worth anything other than something to divert our hero from his real troubles. How can he concentrate on “working” towards his gazillion dollar portfolio with such a weight on his shoulders just waiting to pounce and leech off of his amazing success.

  • 185. Squideye
    January 25th, 2007 at 8:12 pm

    Casey even you must see the irony of your situation with these women?? When I first started reading about you I felt sorry for you. But after reading your blog entries I am blown away by the things you say and do. I know many entrepreneurial type people and you do not fall into that category at all.

    You are like one of those singers in the American Idol auditions that think they can sing but sound terrible. They really believe they will be stars but will never realize their dream. I do hope you find your niche in life but RE is not it.

    I think scamming people into buying a dream is more up your alley. There are many out there that will buy into it and you are one of them, which gives you the inside information into how they think. I am not a hater as you might think but a realist.

  • 186. Casey_has_jumped_the_shark
    January 25th, 2007 at 8:14 pm

    LOOK EVERYONE.

    I am disgusted with the way you are all looking at this. There are mathematical formulas for all business models. There are economic formulas also.

    Sir Casey here is a simple mathematical formula…I will break it down for you.

    1 person—Casey.
    16 Counts of fraud
    69 Mistakes in the last year.

    3 more months until he is either in jail or divorced.

    and 1 consonant, The letter “R”

    So if you take the 11669 x 3 + “R” then you come up with casey.

  • 187. Gary
    January 25th, 2007 at 8:14 pm

    Maybe you can do the same and cancel that $50k contract you signed with Countrywide since they aren’t providing you anything.

  • 188. Aelfscine
    January 25th, 2007 at 8:14 pm

    Avoiding the Consequences of One’s Own Actions 101

    The George Bush Method - Lyin’
    While this method has served Fearless Leader well, he’s starting to be taken to task for it. As for Casey, fabricating income and intent is how he got himself into this mess in the first place. Mission accomplished, indeed. As it pertains to this contract, it’s a little late, since we’ve just publicly violated the NDA, as well as announced we’re taking funds and not passing them along to the two witches in Phoenix. Whoopsie.

    The Jimmy Swaggart Method: Cryin’
    This post is the personification of the Jimmy Swaggart Method: “How can you mean people think this should happen to sweet innocent meeeee? *sob*”
    I’m sure those two upstanding women felt moved to pity in their cold, black little hearts. Har Har. Remember kids, love the sinner.

    The Kenneth Lay Method: Dyin’
    For a while, I thought I had the solution to the whole problem; Casey could stage some spectacular death sequence and be freed of his obligations! Maybe he could even fake his death (see Lyin’) and be off the hook! But am I right that PRLink even thought of this, with the contract continuing even if dear Casey shuffles off this mortal coil? Or does “the contract assigns” mean that it ends in that case?

    Anyhow, you now know how to shrug off your commitments and move on to making sweet deals!
    Order now and get my new DVD - “How to Sell Total Nonsense by Putting it In An Official-Looking Binder”

  • 189. I Have Faked My Own Death
    January 25th, 2007 at 8:16 pm

    Remember Casey, if you stage a horrific demise, you can’t go blogging about it later!

  • 190. Take a Breath
    January 25th, 2007 at 8:18 pm

    Hey Rob-BBB,

    You are even more retarded than our man Casey.

    Question to the realists-

    So Casey signs the “rights” for his story to the AZ chicks.
    Wasn’t the idea that the PRBitch harpies were going to promote or “develop” / market sell Casey’s story?
    Wouldn’t that be condsidered their end of the deal so to speak?
    Not unlike a literary agent or talent agent, right?
    I’m not saying thoses slags were up to the task, but isn’t that what it’s all about?

  • 191. Dealio Sweetenhoffer
    January 25th, 2007 at 8:18 pm

    @ Rob BBB -
    “Tim, please quit commenting on things you know absolutely nothing about. Do this, before posting, think to yourself:

    Do I really know anything about this subject matter or am I just going to talk and talk about something I have no knowledge of”

    Said the guy who’s suing for identity theft over his blog handle being stolen

  • 192. dude 747
    January 25th, 2007 at 8:22 pm

    @ West Virginia Hillbilly

    Since you have a large vocab and like to show it off… Here is your word for the day:

    Laconic.

    Learn it. Live it. Love it.

    “Brevity is the soul of wit.” You twit!

  • 193. John
    January 25th, 2007 at 8:26 pm

    I don’t have to read every word to know this is pretty damn funny.

    I’d approach this very specifically: They provided no “mentoring and guidance” as agreed, so I provide none of what I agreed. Just ignore this s*** . Or smear them all over the internet. Great contract. Loved skimming it. Made me laugh.

    Of course you shouldn’t have signed it. But don’t worry about this particular hilarious twist.

    Of course enjoy Endgame Observer’s speculation about Duane’s motives. God, this story is so rich!

  • 194. Mike
    January 25th, 2007 at 8:27 pm

    You are, hands down, the biggest moron I have ever heard of.

  • 195. Aelfscine
    January 25th, 2007 at 8:28 pm

    Hillbilly reminds me of that program that MIT students used to write a fake journal article that got accepted at a conference.
    The thing basically just spews out jargon-laden babble that sounds more or less coherent if you don’t read it too closely.

    Are you a computer, dear Liza, dear Eliza?

  • 196. Endgame Observer
    January 25th, 2007 at 8:31 pm

    @ 162. Sproquita

    WOW! I did a quick Google search for “the unalterable law of biology has a corollary that is generally overlooked” and up pops about a dozen uses of that phrase in different sentences on different blogs.

    What a joke this guy/gal is!

    Hillbilly - you’re BUSTED; now disappear!

  • 197. Sword of Damocles
    January 25th, 2007 at 8:32 pm

    For those who say that the NLL have nothing on Casey, you couldn’t be further from the truth. Far more important than the contract, the NLL have (and are now aware they have) a very powerful hole card that they can play against Casey anytime they wish.

    In regards to the contract, this is much ado about nothing at his point, as the value of the contract is miniscule, if not worthless. That said, here’s my take on it:

    1) Many people have said the contract is worthless because the NLL did not offer consideration, but in fact they did:

    Clause 5 “in exchange for mentoring and guidance in his current real estate situation.”

    More importantly, Casey admitted he understood (and this is crucial) what the consideration was, in this blog. He said in so many words that the NLL would use their expertise, professional experience, time and efforts to enable Casey to rectify his financial position, in exchange Casey had agreed to give some undisclosed (at the time) consideration. He cannot claim ignorance of this.

    2) After the contract was signed the NLL acted in good faith in a manner that validated the worth of their consideration, asking Casey to stay in Phoenix so that they could formulate a detailed business plan. Casey on the other hand, acted in bad faith and ran home crying to Ma Ma.

    3) Some have argued that this was a one sided contract, and thus voidable, because they questioned the value of the NLL’s consideration offered, which some have argued was worthless. Therefore Casey had bargained a valuable asset “his story” for a worthless one.

    One could argue however, that the value of each side’s consideration was highly risky and speculative. For example, what if the NLL had spent month’s working with Casey to help him out of his financial hole, only see him get convicted of his crimes and spend the next 30 years in jail. You could equally argue the contract was one sided in Casey’s favor.

    That said, at the end of the day, business litigation often comes down to who has the better lawyer and who has the deepest pockets, as these are often more important factors than the validity of, or breach of a contract.

    Sword of Damocles

  • 198. teacher
    January 25th, 2007 at 8:36 pm

    Contracts require mutual consideration.
    Doesn’t look like Erin Morgan or Joy O’Day provided the
    “mentoring and guidance” as contracted. Thus, the contract is null and void.
    The contract also states they are not experts in anything, then it goes on to say they will give “mentoring and guidance”. How if they are not an expert?

  • 199. Hobbes
    January 25th, 2007 at 8:44 pm

    What a piece of crap that contract is. It looks like a third grader’s idea of legalese.

    For instance, what is this supposed to mean?

    1 The agreement shall go by the following name: Casey Serin
    2 The parties’ principle place of business shall be governed in the state of Arizona.
    3 The first day that the agreement shall begin business is: October 27, 2006.

    And it goes on ad infintum. Most of it gibberish. The name of the agreement is Casey Serin? Do they mean joint venture? The hell?

    The principle place of business shall be governed in the State of Arizona? Huh? I think they mean either the principle place of business is Arizona or the law governing is Arizona law or both, but that is not what it says.

    And this:
    agrees to a non-compete position irrelevant of individual state laws for up to 10 years after the project dismemberment

    I am a lawyer, but I don’t play one on the blogosphere, but the contract has some serious interpretation issues. I don’t hold a license in Arizona, but in jurisdictions where I can practice an ambiguity in a contract is construed against the drafter.

    Here’s Casey’s real problem though… the NDA and the Arbitration Clause. I hate arbitration because its so damned expensive — and the results are, well, to coin a phrase, often arbitrary. And an arbitrator will have decide what all this crap means, if anything.

    Sounds like the no-limit chix got some corporate kit off the internets and tried to make it into an exclusive dealings/publicity contract.

    In some states, I have no idea what Arizona or California might do, Casey could file an action for a declaratory judgment and ask the court to make a declaration of his rights and liability under the contract . In Florida, however that declaration would probably be sent to an arbitrator because of the arbitration clause.

    But no lawyer in his right mind is going to take Casey’s case (or Erin’s case or Joy’s case) on a contingency basis.

    Even on an hourly basis many lawyers wouldn’t take Casey’s case, because he/she can’t believe anything he says and also he would blab their advise [sic] all over the internet. By the same token, Erin and Joy appear almost as sleazy and almost as stupid, if the contract is their handiwork.

    Is it enforceable. Who the hell knows. But who really cares. Is there really a market for Casey’s story. I mean, I enjoy the blog and all, but I wouldn’t pay to read about it nor pay to see it. Maybe a TLC type documentary would work.

    Oh and Casey, your subjective intent on paying it back is irrelevant. You got the loan at a lower rate by making material misrepresentations with the intent that lenders rely on them. Just like the book keeper who borrows from the company till to bet on the horses, the subjective intent to pay back doesn’t matter.

    The mortgage fraud guy on your podcast explained it very clearly, but you chose to ignore it.

    Your best bet to minimize criminal exposure is go to a lawyer, and go talk to the FBI and offer to tell on the people in cahoots with you — the loan officer who approved the loans, the appraiser, the seller giving you the kick back.

  • 200. Clotpoll
    January 25th, 2007 at 8:45 pm

    Casting for the “Casey Show”:

    Casey- the guy who plays the Mac on those Apple commercials. I think he’s on the same bathing schedule.

    G- Christina Ricci. She’s hot.

    Robert Kiyosaki- Bruce Lee. Oops…dead.

    Robert Kiyosaki- Christopher Lee. Oops…dead (didn’t he die from drinking monkey blood?).

    Robert Kiyosaki- Pat Morita. Oops…dead.

    Robert Kiyosaki- the nerdy Oriental guy from “Heroes”.

    Joy O’Day- Jenna Jameson.

    prlinkbiz- Monica Lewinsky.

    Duane LeGate- The Rev. Joel Osteen.

    Casey’s Prison Cellmate- Mandingo.

    Sacramento District Attorney- himself.

    Shoot this with a handheld camera, and I defy Fox to resist it. Right up their alley.

  • 201. Forgetaboutit
    January 25th, 2007 at 8:49 pm

    Chris Job: not sure about this yet… will see him tonight and we’ll discuss more. I’m still trying to find a good way to work with him because he has plenty of computer related and follow-up related things for me to do and he is very willing to pay for it.

    I’ve just been busy with the blog. Have you noticed the fast moderation lately?

    Lemme get this straight. You would rather sit around and moderate comments on your blog for F R E E as opposed to earning real, live dollars?

    Did you forget that you need M O N E Y in the worst possible way? Amazing.

    Comments are being moderated quickly. Great. How many mortgage payments have you missed? How many months are you behind on your rent to your sister in law? How high are G’s interest rates on her credit cards?

    A “friend” tosses you a bone and you spit it out.

  • 202. teacher
    January 25th, 2007 at 8:54 pm

    The ladies are opportunistic scum.
    I don’t believe the contract is enforceable, but it doesn’t matter. There is and I don’t believe will be anything to get.
    All publicity is good publicity when you are actor, singer, and movie star.
    Famous for being a dishonest and an extremely bad business person does not usually turn in to $. Casey is famous for all the things which do not convert into income.

  • 203. HungryBear
    January 25th, 2007 at 8:56 pm

    “irrelevant of individual state laws for up to 10 years after the project dismemberment”

    Dismemberment? Interesting word choice. Conjures up memories of John Wayne Bobbitt

    http://en.wikipedia.org/wiki/J.....na_Bobbitt

  • 204. teacher
    January 25th, 2007 at 8:56 pm

    “Frank
    Casey, federal law states all contracts can be rescinded within 3 business days”

    Frank you are a complete idiot.

  • 205. ten ton tony 81
    January 25th, 2007 at 8:57 pm

    Casey,

    this is what you do to handle these two broads in Phoenix that conned you into signing away the valuable rights to your life story:

    there is a Hells Angels clubhouse in Phoenix.

    contact the HA clubhouse via their website e-mail addy.

    hire some of the club members to go over and pay a brief visit to the two dishrag w***** , (who mistakenly think they are major Hollywood players), and the boys will get all the unfortunate pieces of paperwork VOIDED in very short order.

    the fact of the matter is, you are a BIG Internet personality now, and you, your image and likeness, are worth major big-time cash-money and you need BIG friends to keep the sharks at bay…

  • 206. Nadia Belemi
    January 25th, 2007 at 9:00 pm

    Mr. LeGate

    If you are, in fact, what you have represented yourself to us as, I think you’re a good thing for Casey. He surely needs a reality check and with his continued insistance in searching for “sweet deals”, he’s certainly not getting the message from any posts from the readers on his blog. Maybe you can get him to hear the message. I’m afraid you’ve got a LOT of deprogramming to do.

    Casey came up with “haters” early in this blog, I think in September sometime. Basically, he used it in reference to everyone who was less than encouraging or sympathetic to him. His constant ignoring of well meant and/or good advice and continued, well, less than well thought out actions (the Joy/Erin contract, the NR school, not reading his mail, etc…) lost him a lot of sympathy as readers became frustrated with him and created more “haters”.

    In my opinion, you’ll have your hands full with Casey. Good luck if you can save him.

  • 207. teacher
    January 25th, 2007 at 9:02 pm

    Some of the idiots on this blog believe you should consult “a good real estate lawyer” every time you sneeze.
    A good business person can make most decisions without consulting a lawyer over everything.
    Consulting lawyers can cause you to go broke sooner.

  • 208. Endgame Observer
    January 25th, 2007 at 9:07 pm

    Casey - what do you hear from Cashcall? Hasn’t it been 3+ weeks since their autodraft on the closed WF account failed?

  • 209. Leigh
    January 25th, 2007 at 9:09 pm

    Casey says:
    “Go study the stories of REAL criminals and mortgage scammers and tell me how my story compares. If I knew I was committing “mortgage fraud” I would have never done it. Now all i’m trying to do is find the most honest and ethical way out of this. I’m tired of all this HATE for me!”

    You sound like a 15-year-old.

    The opposite of “REAL” is “FAKE”.

    So if you are not a REAL scammer or criminal, it makes you a FAKE one?

    You not only lied on your loans, you lied that you were going to live in all of your properties, you purposely applied for loans at the same time to avoid detection, and you got cash back at most of your closing. You did this MANY TIMES. I am not pulling all this out of thin air, Casey. I am only repeating what you have admitted doing. Your intentions are irrelevant. That is what adults understand. You are accountable for RESULTS, not intentions. ACTIONS, not promises. You performed NUMEROUS, FELONIOUS transactions. If you get away with this, then the advice and example I have tried to instill in my children gets yet ANOTHER bad path to divert their success. There are a lot of rich drug dealers. (Notice I did not say SUCCESSFUL; there is a difference) Just because they are rich does not mean I want my children to imitate them to be rich as well. What I am trying to say Casey, is that even if you MADE 2.2 million on your real estate sweet deals, I would still be just as put off and disgusted at the way you went about doing it. As a parent, it is MY DUTY to teach my children that breaking the law is not a way to achieve success, and that our laws will protect us from people who decide to take that path. I believe that people under 30 years of age should not be allowed to use the word “PASSIVE” in regard to money. When you use the word PASSIVE INCOME at 24, Casey, it makes my stomach hurt. This is your time to make AGGRESSIVE income. This is your time for hard work. This is when you build your confidence and foundation for your character. It is an important time in your life. You should be honest. This is not hate, Casey. It is the truth. You are a real criminal. Make no mistake. And talking about that is not necessarily “crap”, as you so delicately put it. And being 24 years old, AND being a criminal is just sad. It is a lot to overcome.

    To end on a positive note,
    Great moderation lately, son :::::pats Casey on the head:::::
    And kudos for showing the contract.

    Leigh

  • 210. TNT from the Bay Area
    January 25th, 2007 at 9:11 pm

    I am not a contract attorney but I “believe” in this case, that this contract is non-enforceable based on the notion of Contra proferentem. Here is the link to the wikipedia definition:

    http://en.wikipedia.org/wiki/Contra_proferentem

    As many other posters have indicated, there is a great deal of ambiguiity and incomplete language prevalent in this contract. But once again, I am not an attorney so this is outside my scope.

    However, it should be noted that the contract itself is relatively meaningless in its current state since Casey’s “story” per se lacks any meaningful monetary value to it. As other posters have stated, why spend money on this story when one can simply utilize the idea and give it the old hollywood artistic license? Furthermore, as this housing debacle accelerates (sorry to burst your “bubble” Rob BBB), how many more Casey Serins will emerge from the woodwork? Much like the dot com meltdown, many individuals were decimated on the way down and there was certainly no shortage of them. So his story in the end will be a dime a dozen.

    Ironically for Casey, his conduct and attitude on this blog have actually decreased his chances of ever profiting from his mistakes. At the offset, he had garnered much sympathy for his situation. Now, after six months of watching him bounce around from one “sweet deal” to the next with the frequency of a cheap HAM radio, I think the majority of individuals are only visiting this site to watch the ensuing carnage unfold further. Much of the sympathy and good will provided by concerned visitors to this blog has now evaporated. And that is both tragic and sad.

    But at this stage, how can one still expend energy being sympathetic? Look at the recent post and tell me it doesn’t remind anyone of an immature child having a temper tantrum and requiring a time out?

  • 211. oozing_santorum
    January 25th, 2007 at 9:15 pm

    #164. Clotpoll

    January 25th, 2007 at 6:43 pm
    Prlinkbiz and her ilk are conscious, scheming and fully aware of their predatory goals. A Maricopa County chain gang would be a fine end for them.
    ~~~~~~~~~~~~~~~~~~~~~~~~~~

    Those chicks are kinda hot, in a s***** way. Maybe they could sell their story from Sheriff Joe Arpaio’s tent jail. Mmmmm! Hot girl-girl jail action!

    I think I’ve just spotted a sweet, novel plot device for “film.”

  • 212. Jerry
    January 25th, 2007 at 9:16 pm

    There are no provisions in the agreement on termination conditions. So just send her a letter and tell that you’ve terminated the agreeement. End of story. What’s the big deal?

  • 213. oozing_santorum
    January 25th, 2007 at 9:20 pm

    Even though I don’t think there is an enforceable contract, I wonder if the girls would still have an action against Duane for inducement of breach.

    The image of the harpies and Duane duking it out over this trainwreck is a trainwreck in its ow right!

  • 214. Mycroft
    January 25th, 2007 at 9:22 pm

    I dunno if it’s a contract or not. But, if you go to court to void it, you’re going to have even more problems. See, you’ll probably have to testify under oath as to everything that you’ve done. And, while under oath, you’ll have to admit to mortgage fraud. Even if the judge decides in your favor that the contract is void, he can’t ignore the admission of fraud, and will most likely refer the case to the District Attorney for further investigation. Kind of a win-lose outcome.

    Of course, if you went BK, the bankruptcy trustee might determine that your life story may be the only marketable asset you have. I think he can move for a hearing in the BK case to rescind the contract on the basis of unfairly low consideration. In that case, the trustee (NOT you) has a shot of winning the case. Once the contract is voided, he can then put your life story up for sale to the highest bidder. Unfortunately for you, the BK judge may decide to refer the mortgage fraud parts of your life story to the DA for further investigation. Kind of a win-lose again.

    Sorry, dude. I’m not a lawyer, but I think you’re going to have to treat this one as a contract whether it is or not. Get yourself a real good lawyer to negotiate your way out of this one without ever going near a courtroom.

  • 215. john milken
    January 25th, 2007 at 9:23 pm

    Wow…that reads like something the devil would ask you to sign. except, of course, the devil is supposed to give you a lifetime of wealth and power before taking your soul, whereas you agreed to get - nothing. Sweeeeeeeeeeeeeeeeeeet

  • 216. oozing_santorum
    January 25th, 2007 at 9:34 pm

    182. 91q45

    You have now entered the world of Tort Law,
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    Oh, Jeebus. Another Matlock-schooled lawyer. Maybe you are old-school and watched Perry Mason.

    Pray tell, Hugo Black, what tort has Casey committed?

  • 217. Legion
    January 25th, 2007 at 9:39 pm

    Duane, you seek to answer every freakin’ post with your name in it and then you wonder why you are getting so much attention? What a […] It suddenly seems that instead of just helping Casey wih his properties you have decided to a become a moderator and very active (and boring) participant in his blog.
    Don’t worry, I’m sure you will go the way of yneone, Nigel and Anon…who? that’s right…

  • 218. Guru guru
    January 25th, 2007 at 9:50 pm

    Simple, file a small claims court complaint in California on the basis that they haven’t provided the services promised under the agreement (whatever they were). Drag it out (which you’re good at) through numerous pre-trial hearings which get deferred whilst you collect some ‘critical’ piece of evidence.

    They sound like they’re too small-time to travel to California to pursue this so you’ll probably close without ever going to small claims court.

    Just make sure you get an adult (preferably a lawyer adult) to help you compose your arguments and review your supporting paperwork.

  • 219. Meg
    January 25th, 2007 at 9:55 pm

    Casey, is it not clear to you that you could make a fortune speaking out against people like Robert Kiyosaki?

    I hope you’ve learned that these people are scum.

    On one hand, I have to tell you that your naivete in being fooled by a crew with a name as stupid and hackneyed as ‘the no limits ladies’ is amazing.

    On the other hand, Erin Morgan and her dirtbag friends are so despicable that I’ve turned from being amused by your predicament to hoping that you stick it to them.

  • 220. (the original)
    January 25th, 2007 at 10:02 pm

    Have you ever NOT signed anything that anyone has ever put in front of your face?

    - PrLinkBiz / Tao LLC
    - $50,000 promisory note
    - Agreement to swap one of your houses with a really sh*tty dump, thinking you were “selling” it in a sweet deal
    - Buying 8 POS houses at grossly inflated prices
    - Crappy half-dead Jetta (with sweet rims and a pimp stereo) for a ridiculous price

    These are just the ones we know about. Your “Maker” has indeed blessed you with an ability to spot opportunity. Just not opportunity for you.

  • 221. Meg
    January 25th, 2007 at 10:05 pm

    Twit #118:

    “I think it’s time for an old fashion mob scene. If you won’t do it for Casey, do it because we’ve found someone smarmier than our hero!”

    I’m in! I followed the link, but didn’t see a forum. Where do we go to mix it up with the No Limits Ladies?

  • 222. Bob C.
    January 25th, 2007 at 10:10 pm

    Hey Casey, is that PrCheezWiz chick single? Erin, is it?

    Normally she’d be a little too thick for my taste, but she’s got nice lips. I could go for that. Can you send me her phone #?

  • 223. Endgame Observer
    January 25th, 2007 at 10:14 pm

    Casey - I’m wondering if all this fuss Duane encouraged you to start will force Erin & Joy to take some type of action wrt to your blog in order to ‘protect their rights’.

    I.e. if they know you’re making money on your blog, and ignore it, doesn’t that set a precedent that makes it harder to enforce the contract if/when you have more clicks/story/whatever to go after?

    Wondering if you wouldn’t have been better off ‘letting sleeping dogs lie’… Wondering whether Duane’s advice was in your best interest…

  • 224. Catherine
    January 25th, 2007 at 10:15 pm

    @blog buddy - (laughing & laughing) … protection…
    Finally we get to an area I work with in mortgage banking… CONTRACTS. How sexy… I am getting excited now…
    Contract law gives people broad, but NOT unlimited, freedom to fashion relationships in ways that suit them best. Now, the California Civil Code states that a contract is an agreement to do or not to do a certain thing. (No shi*). While some kinds of contracts must be in writing, the general rule is that both written and oral contracts are valid and enforceable. (Which scares many, not unlike the sight of a redhead…)
    But when the Ca Legislature adopted the California Civil Code in 1982, it included a key provision, which states that a contract that seems to reflect the parties’ “apparent consent” is voidable and therefore not enforceable if the consent is not both “real” and “free.” A party may cancel a contract, even a written contract in which both parties’ consent seems apparent, if the party’s consent was actually obtained through duress, menace, fraud, or undue influence, or was given by MISTAKE. In those situations, the apparent consent is not real or free, and the contract can be rescinded at the option of the innocent party. There are five major legal grounds on which a contract, which appears to be valid, is voidable by the innocent party for lack of consent: fraud; MISTAKEl; undue influence; duress; and, menace.
    I agree there could be a book in this. But then, I am a redhead … what do I know?
    C

  • 225. butt-head
    January 25th, 2007 at 10:20 pm

    “He deserves the scorn because he doesn’t listen to anybody but that impulsive little voice in his head.”

    That would be the voice of Beavis in his head. (heh hehe hehe … sign! sign it! SIGN IT!! heh … heh heh…… nachos rule!)

  • 226. Lawyer
    January 25th, 2007 at 10:23 pm

    These are necessary elements of every valid contract.

    1. adequate capacity of parties

    2. meeting of the minds

    3. legal act

    It does not have to have payment of money

    i hope this help you.

  • 227. Reality Central
    January 25th, 2007 at 10:24 pm

    I can imagine the trial…

    Casey’s attorney: So Ms. Morgan, would you consider Tao Realty a professional real estate firm?

    Witness: Yes.

    Casey’s attorney: Then why would this contract provide a disclosure that your firm “is not presented as an expert in any form or fashion. ”

    Witness: Ummm….

    Or….

    Casey’s attorney: So Ms. Morgan, would you consider Tao Realty a professional real estate firm?

    Witness: No.

    Casey’s attorney: So when your firm handled the transaction at 101 Main Street back in 1999, you were not functioning in the capacity of an expert?

    Witness: Ummm….

    Imagine the hilarity either way, especially in the real estate industry where every transaction just oozes with matters of public record.

  • 228. Daniel (foreign) COLD WAR!!
    January 25th, 2007 at 10:28 pm

    COLD WAR STARTED!!!

    This is a situation, WAR between Casey and the girls+RK mean mutual destruction or no gain at all.

    So the war will be driven in the diplomatic arena. Eventually, with peace both parties can get something.

    This mean that in the long term you will have something from your story… but to have something you must SHOW THE WORLD your nuclear weapons.

    Your nuclear weapons is your free expression, if you feel cheated you will tell that loudly. Duane’s advise was very right: you tried Diplomacy very hard, now show your nuclear weapons! to bring the biatches into the negotiation’s table.

    Cold War was also a war of nerves: the girls were/will_be pushing you as logn as you show soft.

    Remember lawyers are the last resource. Lawyers mean War (with not much gain)

    Even if Casey is in the weakest position, Casey still have the last word: no collaboration and unenforcing contract is Casey’s weapon that the girls don’t have (girls can end up losing money and reputation if you take the maddest decision, girls know that now).

    Don’t worry Casey, you’ll get something in the long term. Diplomacy is still the best choice, girls still want to market your story and this situation adds a plus. Show yourself MAD but you don’t necessarily have to drop the bomb. RK reputation is also threatened by you

    (yes, a fool like you is threatening his reputation… if RE bubble bursts RK’s ideas will be put questioned in all US)

    capisce?

    PS: Girls representing England and Germany. RK representing US and their alliance is NATO. Our poor Casey representing a very small former USSR Republic (lot smaller than Ukraine) with lots of Nuclear Arsenal. Remember this image:
    1) you will be screwed as long as you show soft
    2) you will have their attention as long as you show yourself MAD.

    this is a great blog!

  • 229. Tim, from Monterey Bay area
    January 25th, 2007 at 10:29 pm

    Ted K. writes:

    “You’re wrong about a court not being able to make a judgment here bc of no matter of law- Casey could simply file for a declaratory judgment that the contract is unenforcable and/or nonexistent for a bunch of reasons- vagueness/duress/lack of consideration. I’d say there’s about a 95% chance that he’d win that’s an awful contract, you really could drive a truck through it.”

    Perhaps so, but Casey will first have to hire the lawyer(s) to file the motions, in Arizona, where the contract was signed.

    The amateurishness of the contract is not enough to vitiate it, as contracts drawn on the backs of restaurant menus have been upheld in court (almost routinely, the pattern is so common).

    As for specifiic performance, my reading of what Tao Realty LLC offered says they did in fact comply–they helped Casey after he had signed the contract. And we don’t know how much more post-contract assistance was offered. (Whether Casey rejected it is not their problem. As others have noted, the e-mails and phone records will tell.)

    And good luck on Casey getting his case heard in a timely fashion in the courts. All Tao has to do is say they need more time to review his motion. Multiple months of delay are built-in. (Here in California, many civil cases are backlogged for 2 years or more. I wouldn’t be surprised if Casey’s motion is not heard until 2008.)

    My point is not that Casey will ultimately lose, or prevail. My point is that clouding the title to the sale of his own story was a dumb thing to do for just another handful of magic beans.

    –Tim

  • 230. Leigh
    January 25th, 2007 at 10:29 pm

    Dear Al Lewis,
    Can I send all my posts to you and you make them look all cool and stuff, with the little quotations thingys and those juicy little italic nuggets? That would be SWEET!

    Love,
    Leigh

  • 231. Dwight
    January 25th, 2007 at 10:33 pm

    You sure know how to make a blog entertaining!

  • 232. LostCause
    January 25th, 2007 at 10:38 pm

    Casey — Chris does not pay you. You do not work for him. Understand? The man has not given you one decent paycheck. (But I can imagine that you accomplished very little.)

    Frankly, I am shocked by the subculture of sleeze that you flock with — I get the same feeling at used car dealerships. How can you stand it? Just don’t answer the phone anymore. They will all stop calling eventually.

  • 233. Endgame Observer
    January 25th, 2007 at 10:39 pm

    Thanks to West Virginia Hillbilly (#33), I now know that Casey is far more dangerous than I ever thought. (Now that I know WVH is a boring self-plagarizing blowhard, I actually read his missive for the entertainment.)

    Casey maintains … that it is better that a hundred thousand people should perish than that he should be even slightly inconvenienced

    Casey would have us believe that there is an international Communist conspiracy to sap and impurify all of our precious bodily fluids.

    …he plans to equip garrulous blowhards with flame throwers, hand grenades, and heat-seeking missiles.

    Casey wants to poke someone’s eyes out.

    This is a national security threat - Duane’s not big enough for this job. We need Condi Rice and Delta Force!

  • 234. Daniel (foreign) COLD WAR!!
    January 25th, 2007 at 10:41 pm

    In this war, Duane is representing RUSSIA. He involved in the conflict because of OIL INTERESTS (they want a piece of your story). If your story becomes marketable, CHINA will also involve in your side.

    You are a very small Banana Republic facing superpowers for your OIL. In your advantage is that you have Oil, Nuclear Weapons, and nothing to lose. Russia and China will eventually involve in the conflict -in your side- for a piece of the OIL.

    TOTAL WAR will eventually not happen, and the OIL will be splitted in parts (not equal, a little for you, the rest for the superpowers in both sides)

    think this way

    capisce?

    FUNNY BLOG!

  • 235. soulpatch
    January 25th, 2007 at 10:42 pm

    These RK disciples are all the same. They want it all, they want it now, and don’t expect to give anything in return for it. What a slimy bunch. At least you’re not really playing with “Big Dogs”, as they called themselves. I doubt it’s any more binding than an S&M contract. Yet another distraction.

  • 236. Jason
    January 25th, 2007 at 10:43 pm

    Here what mortgage fraud really is…

    http://www.usatoday.com/money/.....mmer_x.htm

  • 237. Time Will Tell ()
    January 25th, 2007 at 10:46 pm

    Contract issue is very simple and should be the very least of your worries.

    1. Casey agrees to turn over all his written work to Joy in exchange for mentoring. If no written work turned over, and no mentoring provided, no exchange. If no mentoring is requested of Joy, no work needs to be turned over.

    2. In the agreement Joy does not gain the copyrights or ownership of the work, only the right to have it turned over.

    3. “Tao Realty LLC shall provide the client with effort to the fullest extent allowed by law and have full control over all media of any form involving Casey Serin.”

    HMMM…I wonder if this applys to the media involving CS produced by SacBee, USA Today, etc. In fact I wonder how much LSD one needs to take to write something as convoluted and meaningless as this.

    Also sounds to me that Tao is in breach of contract. Have they helped Casey at all? With media or RE? To the fullest extent?

    4. This is one of my favorites: “The parties’ principle place of business shall be governed in the state of Arizona”

    I believe that this is supposed to mean that the agreement shall be governed by the laws of the State of Arizona. As written, it’s about as useful as saying ‘See Dick run. Run, Dick, run!”

    5. OK, OK, another goodie: The agreement shall go by the following name: Casey Serin.

    So….if we are being polite, should we call the agreement Mr. Serin, or might the agreement then be confused with CS’s father?

    6. In the certificate of authenticity, “By Submitting the content, Casey Serin grant further permission to Tao Realty LLC to use his name and photos, also to publicize the writing, all without royalty or consideration.”

    No request for mentoring from Joy, no turning over of work from Casey, no grant of permission.

    And on and on and on. Whoever said “barely English” was being kind.

    The contract is a piece of crap. It’s a Frankenstein’s monster, stitched together from mismatched parts. Use it as toilet paper and send it back to them. It might be more valuable.

    How to deal with it depends on how agressive you want to get.

    Non-agressive: Ignore it. Don’t ask for advice, Don’t turn anything over to them. Don’t contact them. If they come after you, then you can get more agressive.

    Mildly agressive: Send them a letter informing them that you are terminating the agreement and ‘dismembering’ the project (the Frankenstein analogy really works here). You have not asked for or received mentoring, and therefore are not turning over work. You do not intend on requesting mentoring or turning over work. Therefore the contract will not be needed and you are terminating for your convenience.

    Very Agressive: Contact a lawyer. As mentioned before, one has offered pro-bono services. In 30 minutes, this guy can bang out a letter, void the contract and remove the problem. If he won’t do it, a local lawyer will do it for $200 and the laffs he’ll get reading the contract.

    If they take this contract to a lawyer to sue you, the lawyer is going to laugh them out of the office. Sure they could pay a lawyer to try, but when the present the contract to the lawyer you will get, **HE’LL** get laughed out of the office.

  • 238. Time Will Tell (Advice Alert)
    January 25th, 2007 at 10:53 pm

    More importantly Casey, you need to realize that RE is a contract-heavy industry. You signed this ambiguous POC and were not able to recognize whether it was valid or reasonable.

    You also signed an agreement with Countrywide. The agreement should be of much more concern. Their agreements are well written and tight. They will come after you.

    Next time you think about getting some education in RE, you might want to think about reading books and taking classes in contract law.

    Until then, you should stay away from any field involving the law and contracts.

  • 239. Dwight
    January 25th, 2007 at 11:01 pm

    Hey Casey, are you still an early riser?

  • 240. Darren
    January 25th, 2007 at 11:02 pm

    Casey …a contract is a contract no matter how badly written ..even if you wanted out you would have to pay legal fees to ensure its done right ..however that is not the Problem..an NDA is exactly THAT ..it remains entirely confidential to the parties that drew it..that stunt alone show another level of your ethics …ewo wrongs dont make aright ..and not being ethical and trustworthy in regards to NDA ..IS CONSIDERED A NOOSE IN COURT

  • 241. hyperlexic
    January 25th, 2007 at 11:05 pm

    Duane said:

    “You caught me. I am holding in my hand not only all the rights to Casey, but his DNA,”

    dude, you’re holding casey’s DNA in your hand? what kind of ‘mentoring’ are you giving this kid?

  • 242. Miguel
    January 25th, 2007 at 11:33 pm

    “Same goes for Corporate Credit… unless I can find a way to do it COMPLETELY in the white…”

    You can’t. There is no way you can legally make use of a corporation to pay your personal debts. As people pointed out in vast numbers within seconds of you floating this idea last December, this would make a nonsense of the whole idea of limited liability - which is why it’s illegal.

    The fact that you still don’t seem to have grasped this despite it being explained to you over and over and over and over and over and over and over again in a great many different lengths and styles is yet more proof that you don’t have the faintest clue about how business works - along with your inability to honour contracts and (especially) NDAs that you voluntarily signed.

    I really really hope this ends well for you, Casey - but my definition of “well” is “manage to keep out of jail and have a faint chance of repairing your finances before hitting middle age”. Which I suspect is a bit different from your definition, but this really is the best you can realistically hope for right now given what you’ve done already and what I fear you’re going to continue doing because of your congenital inability to listen to advice.

    (Incidentally, I’m not joining in the chorus of cynicism over Duane’s involvement - I said weeks ago that Casey needed a knowledgeable and brutally blunt mentor who would both metaphorically and literally slap him around every time he came up with a silly and unworkable idea, and if Duane is it, all credit to him)

  • 243. BigBoi
    January 26th, 2007 at 12:52 pm

    Casey,

    Glad to see you’re up and running again.

    You’ve made plenty of mistakes, but your fighting spirit is admirable.

  • 244. Loads o Money
    January 26th, 2007 at 12:53 pm

    How come your site was down today ?

  • 245. GameOver
    January 26th, 2007 at 12:55 pm

    HE’S BACK!!!!

    It’s still gameover though…

  • 246. pigplottrough
    January 26th, 2007 at 12:57 pm

    first

  • 247. little hater
    January 26th, 2007 at 1:00 pm

    Don’t let those two miserable witches get you down. I’m glad to see your blog back up, but just remember after this there is a scammer around every corner. She acted like she was going to help you but all she wanted was money. Beware, everyone is out for themselves especially when it comes to money. Beware of Duane as well. Rock on dude

  • 248. pigplottrough
    January 26th, 2007 at 1:05 pm

    Casey when did you figure out that this casey story had marketability? who told you?

    i have a feeling that you already knew this when you signed that contract. i mean the intent of the wording is very clear it takes a person less than 5 seconds to figure that out. i think that you did know what you were getting into at the time it was the right thing to do, you then later realized you f’d up. then tred and get out of it by documenting on the blog that you didnt understand what you were getting into.

  • 249. Wilson
    January 26th, 2007 at 1:07 pm

    Welcome back!!

    I missed my Casey fix.

  • 250. Mister Gash
    January 26th, 2007 at 1:07 pm

    Good Job! That is the fastest work we have seen out of you. If you could only work on important issues as fast as you can work on your blog!

  • 251. Sigh
    January 26th, 2007 at 1:07 pm

    Welcome back?

  • 252. jamba juice momma
    January 26th, 2007 at 1:09 pm

    casey congrats on getting the site back up. F*CK that b!tch.

    So who took out her website? It’s obvioulys been brought down by a DOS attack or some other form of mischief :) )

  • 253. Jobu
    January 26th, 2007 at 1:15 pm

    Casey, here is some advice you need to follow, for once in your life.

    Show the contract to a real lawyer, one who deals in contract law, and preferably in Arizona.

    Many states do have a 3 day recission period on SOME types of contracts. One is refinancing a primary residence. But until you get advice from a competent lawyer (not someone who plays one on the internet), you won’t know for sure.

    You need to stop listening to legal advice from people who may not be qualified to give it. Talk to a true professional. You and some of your ‘advisors’ are in over your heads at this point, IMO.

  • 254. pigplottrough
    January 26th, 2007 at 1:15 pm

    Damn you C, MODERATE ! !

  • 255. Stephanie J.
    January 26th, 2007 at 1:16 pm

    Ahh… home at last. Thanks Casey, for bringing IAFF back.

    Whoever said that the greatest offense those two women committed was to deprive us of IAFF… they were right.

    Those wh*res.

  • 256. Panda
    January 26th, 2007 at 1:24 pm

    We’ve figured you out, sweetie. What’s the name of the show going to be?

  • 257. Doug
    January 26th, 2007 at 1:27 pm

    A note on Contracts, Sponsors, Guides and Business Partners.

    Anyone who enters into a business relationship with you is expecting to get something out of it to their benefit.

    A good business relationship/contract should benefit both parties. I don’t think Duane LeGate will object to that statement.

    The question you have to ask is this: What benefit do I get from the relationship? What benefit do they get from the relationship? This is why contracts are written. The contract should spell out what your responsibilities and benefits are. It should also spell out what your partners responsibilites and benefits are. If you do not understand what any of these are before you sign, then don’t sign and have someone else review the documents.

    This can be most important when one of the parties are receiving some sort of ‘intangible’ or ‘future consideration.’

    A good place to start (for the sake of example): is to review the relationship you have with Duane LeGate. Ask yourself what benefits you recieve from the relationship and what you have to do inorder to gain those benefits. Then ask what benefits Duane receives and what he has to do inorder to gain those benefits. There should be some interactions between you and him as the two of you act to discharge your obligations and gain your benefits. After you get an idea of what you think the relationship is, ask Duane to see if your understanding of this is correct.

    I suggest working with Duane first because he appears to have a helpful and cooperative relationship with you right now. The other people with whom you have formal relationships with may not be so cordial if you start asking these questions at this point (as evidenced by your attempted contacting of Erin Morgan and Joy O’Day).

    Failing to consider those questions (cost/benefit/responsibilities of both sides) is a sure fire way to put yourself over a barrel with little opportunity to get off before going over the falls.

  • 258. srfinaz
    January 26th, 2007 at 1:27 pm

    I am not a Casey “hater” but I do have some skepticism regarding the validity of these properties. The timeline is awful slow, the first blog I saw stated these properties were close to foreclosure in September yet they are still there in January?
    Keep in mind almost anybody that got rich on there own has had some form of failure in the past. The people that don’t get rich are the ones that stand on the sidelines and criticize those that try

  • 259. Monty Burns
    January 26th, 2007 at 1:30 pm

    “I’m tired of all this HATE for me!”

    Oh, that’s too bad. Stop crying. You sound like a little b**** . You dug your grave and now you can lie in it.

    With all the people that you’ve screwed, it’s not the end of the world if you get screwed back once. This is Karma. You should be watching “My Name is Earl” for more “education”.

  • 260. Dealio Sweetenhoffer
    January 26th, 2007 at 1:35 pm

    Way to go Casey! Today you accomplished….lost revenue!! Good job!

    Great things are happening!

  • 261. Sushi
    January 26th, 2007 at 1:35 pm

    No matter who’s right or who is wrong– I doubt anyone who Googles Joy O’Day after this would want to hire her for anything real estate related. No one likes to get mixed up in internet messes. And Erin Morgan is just beneath consideration at this point.

  • 262. Jack Ambramoff
    January 26th, 2007 at 1:38 pm

    Erin Morgan and Joy O’day are unethical crooks.

    Erin Morgan and Joy O’day are unethical crooks.

    Post thier names in all posts so google search on thier name will shine a bright light on thier wickedness.

    They will have the reputation of a convicted felon like me soon!

    haha!
    Erin Morgan and Joy O’day are unethical crooks.
    Erin Morgan and Joy O’day are unethical crooks.
    Erin Morgan and Joy O’day are unethical crooks.
    pass it on.

  • 263. FuturesTrader
    January 26th, 2007 at 1:45 pm

    Sweet deal. The site is back up.

    Casey, you’re my favorite fraudster. I missed you.

  • 264. Red Stapler
    January 26th, 2007 at 1:55 pm

    Casey, I’m no lawyer and in the case of this “contract” you should probably seek proper legal advice. It does, however, appear to me that the two ladies are obligated to provide a service to you in exchange for the rights that they wanted you to sign over.

    “…in exchange for mentoring and guidance in his current real estate situation”

    If your meeting with the guru happened BEFORE you signed the contract, then tough beansfor the ladies. I don’t believe that’s covered by the contract unless it’s specifically stated.

    Also, they failed to use the words “in consideration of”. This is VERY VERY VERY important in legalese (again, not a lawyer here, but understand the occasional detail). It looks to me like they’re obliged to provide you with a reasonable amount of mentoring and guidance regarding your situation. If they fail to come through on that, contract is probably void.

    They have to hold up their end of the contract, same as you have to hold up yours. I don’t think this sucker would hold water in a court of law. In any case, talk to your lawyer about it.

    Some advice… stop being so trusting. It’s not the land of milk and honey out there. It’s capitalism. Raw, brutal and hard. Enter every future negotiation with the presupposition that the other party does NOT want to help you, they ARE trying to f*** you, and WILL manipulate the situation to THEIR best interest.

    I don’t think you’re the sort of person that’s cut out for the game. You’re not ruthless enough. If you’re not prepared to hoist the black flag and begin slitting throats, get off the boat.

  • 265. Doogie Howser
    January 26th, 2007 at 1:58 pm

    What you need to do!
    1.Show more photos of your naked girls.
    2.You fool you take nuddy pics of that hore Erin Morgan and Joy o’day and you blackmail them you chee.
    3. Eat Clams, Plenty of Clams
    4. Syrup Maple Syrup…NO, sorry I take that bake.
    5.now run like the wind to do wrong lex luthor
    6. Organic terd what’s the word.
    7 SandM is what her mind needs
    8. CALL PENELOPE AND ORDER DOGS Im hungry
    If yo0u think I have problems you aint seen nothing yet!

  • 266. Ryan
    January 26th, 2007 at 2:00 pm

    2 things:
    1. I’m not sure anyone mentioned this yet, but you said you had “bad feeling in your stomach” or something of the like. I highly advise listening to that feeling in the future.
    2. Why was the blog down this morning?

  • 267. Girly Rizer
    January 26th, 2007 at 2:03 pm

    Casey u da man! Now that’s the kind of sweet drama that drives eyeballs to your site. No doubt your new mentor is working out.

    I see that prlinkditz’s site is down for the moment. So much for the lady who flips. Maybe she should start flipping mattresses to find whatever spare change she can instead of pulling off her cheapskate nickel-n-dime scams.

    Hell you’ve been thumbing your nose at the banks for so long I’m puzzled that you’d even think twice about some small time wannabe Kawasaki player. Of all the contracts you have signed, that you need to worry about and that have the propensity to do you financial harm the one with prlinkditz is the least of your concerns!

    Assuming the unlikely possibility of you selling your story for millions (Hollyweird usually just steals ideas outright) you can safely ignore her lawyers for an eternity. You’re the one with the bling, she’s the one trying to get a piece of the action with her dime store working for %ange lawyers.

  • 268. Jack Ambramoff
    January 26th, 2007 at 2:18 pm

    Hey some of these posts are actually Erin Morgan and Joy O’Day like for example intense loather.

    They are crooks.

  • 269. Anonymous
    January 26th, 2007 at 2:18 pm

    Name: O’DAY, JOY
    License Number: SA552841000
    License Status: Active
    License Type: Real Estate Salesperson
    ADRE Designations: None
    Original License Date: 8/12/2004
    Expiration Date: 8/31/2008
    www.re.state.az.us

  • 270. Sac Realtor
    January 26th, 2007 at 2:19 pm

    Glad to have Casey back…

  • 271. Sid Finster
    January 26th, 2007 at 2:25 pm

    I don’t get it. Most Russian people are paranoid, especially in business matters. Trust noone ever. And justifiably so.

    I live there, I ought to know.

    But then we have Young Casey, who is puppy-like in his gullibility.

    I don’t get it.

  • 272. Casey is a Genius
    January 26th, 2007 at 2:34 pm

    So it took you almost 3 months to figure this out Casey. I do agree with the gang here and think that those No Limit Ladies are just a bunch of crooks and I hope they get punished for trying to take advantage of you. But you still don’t get it do you? THEY DID TO YOU THE SAME THING YOU DID TO YOUR LENDERS!!!!

    Let me just do some cut and paste with your statements on this post. It’s kinda like Mad-Libs:

    I am now convinced that Casey Serin wants nothing else but to SCREW the Lenders and to TAKE ADVANTAGE of the Lender’s situation.
    Don’t mis-understand me. It’s still the Lender’s fault for signing someon underqualified and finding out about the cash back and owner occupancy too late. I am not trying to dodge my responsibility. I do deserve the consequences that I am experiencing right now.
    However, I repeatedly tried to work on payment plans or DIL’s. And the way I am being treated/ignored by Casey Serin is just NOT RIGHT. This crossed over from “business” into “personal” a long time ago. So no more “Mr. Nice Guy”.

    This is fun…Here’s the 2nd part of the Mad Libs:

    The Lender has made plenty of attempts to “take responsibility” for signing this contract by trying to settle. Casey continued to ignore us. No more! I’m tired of playing those childish games. The whole thing is out and I’m moving forward! No deal!

    And I don’t want to hear all this crap about how I deserve this because I “screwed” all my investors with my “liar loans”. We gave those loans out with FULL INTENTION to getting the money back. Most of the cash-back money went to float CS’s payments and toward repairs.

    The Lender’s intent was never to lose ANY money by the default of these loans. We used “liar loans” because it was common in the industry and seemed justifiable. We made mistakes with our deals and our evaluation. The market crash also didn’t help us much. We were naive and inexperienced. Our business failed. That’s it!

    Go study the stories of REAL criminals and mortgage scammers and tell me how our story compares. If we knew we were committing “mortgage fraud” we would have never done it. Now all we’re trying to do is find the most honest and ethical way out of this. I’m tired of all this HATE for us!

    That was quick and fun…Maybe I’ll try and do that with some of your past posts.

    But Casey. I know you don’t get it, But I hope you eventually realize now why all these people are upset at you. Those No Limit Ladies saw an opportunity and they took it. You saw an opportunity with your loans and you took it too. It’s the same crime. You took cash back at closing. They took your media rights. You intended to pay every dirty cent back and They intended to give you all the mentoring you needed. Notice how their mentoring offer and your intent to pay back both don’t mean squat. Because you still feel that you deserve to eat at Macaroni Grill, Denny’s, $200 cellphone bill and have a $35 overdraft Jamba Juice. Your supposed intention to pay anyone back is actually a slap on the face to all those people who go the extra mile to cut down on all expenses while living off of top ramen and who actually do make an effort to pay back their loans. You on the other hand tithe $300/month.

    I’m glad you finally got some anger up your @$$ because that is the same anger that most people feel toward you. As far as we’re concerned, You and the No Limit Ladies are playing the same game. And I gotta admit it just got a lot more fun watching.

  • 273. Blondie
    January 26th, 2007 at 2:49 pm

    Endgame #68~

    re: Hillbilly
    I think I *heart* you.
    Can we have we Steph and Kevin have?

  • 274. Lunar Lander
    January 26th, 2007 at 3:07 pm

    Casey, why did you screw around getting this site up if you aren’t going to post or moderate comments? Is it so we can all say, “ah, look Casey’s back up” before we go back to Robert Cote’s site? You still haven’t moderated the comments from last night BEFORE the blog went down. I assume you are either celebrating by getting your Jamba on or taking a 12 hour “nap”.

    So does this still seem like a good idea? Do you need this drama right now? Do you gain anything by taking on Prlink now rather than later? Take the contract down. It’s served its purpose. We’ve all seen it and know that Prlink is a leech like you said. Prioritize. What was it that Fred was always saying to Lamont?

    Oh yeah, “You big dummy!”

  • 275. Alphonse Cappellette
    January 26th, 2007 at 3:10 pm

    in exchange for “mentoring and guidance”? How much mentoring? what kind of guidance?

    salary to be determined by Tao Realty?

    when one side has unlimited discretion to determine what its performance will be, the contract is deemed to be illusory and thus no contract at all.

  • 276. Bubba Bigtoe
    January 26th, 2007 at 3:16 pm

    Anon, you’re back!!! Thank goodness!
    OGG: please translate Hillbilly’s long and winding post into simple caveman English! Me not read long post, make head hurt!
    Now, if only Sputnik the Cat and The Trailor Boys would make a come-back!

  • 277. Allenm
    January 26th, 2007 at 3:27 pm

    You were stoooopid, now
    want out of the contract?
    Tell the ladies that Tao’s “owner” is going to lose her AZ sales license for providing “advice” on out of state real estate transactions.
    Funny:Name: O’DAY, JOY
    License Number: SA552841000
    License Status: Active
    License Type: Real Estate Salesperson
    Original License Date: 8/12/2004
    Expiration Date: 8/31/2008
    Employment History:
    License Number Company Employment Type Hire Date Sever Date
    LC574429000 HIGH PROFILE REALTY-ADVANTAGE, L.L.C. Salesperson 8-22-2006

    Now who is Tao LLC? Not her employer- that is for sure.
    Now you should be able to begin to get some real leverage- cause guess what? They are as crooked as you!

    Arizona Department of Real Estate
    Investigations & Consumer Assistance: 602.771.7730

    Call them and open an investigation into Ms. Joy- cause she sure has been sailing close to the edge with this bundle of joy!

    wonder if her boss knows? Ya know, the licensed broker that employs her?

    The internet is just sooooo public.
    Keep that in mind young serin.

  • 278. Bertram Wooster
    January 26th, 2007 at 3:33 pm

    What ho! Casey.

    It appears the harpies have the proverbial nutsack in a vice old boy.

    Fear not! The wooster grey matter has been cogitating and has come up with a proverbial foolproof. Sue them in an arizona court for two third of your debts under Section 9 of the casey serin agreement. Argue in court that under this vaguely worded ‘agreement’ when they assumed the rights to the intellectual property, they also formed a partnership that assumed two thirds (equal shares) of the liabilities outstanding - or at least that was your understanding. It is not, after all, an integrated writing.

    So in fact, they owe you. About $1.5 million of the happy cabbage.

    *Not legal advice; nor should it be construed as such, coming from a fictional character.

  • 279. Michael Cooke
    January 26th, 2007 at 9:25 pm

    I thought something looked a little funny about those two women. They were certainly over doing it with the fake smiling. They had an obvious ulterior motive. I would not have trusted them at all.

    You go through all this and they want to make money off your story/work? For what? Mentoring? It’s not concrete at all. It’s unquantifiable. This is really bad Casey. Your story and exposure from this is your only hope for a diamond in the rough. There is only room for one poster boy of the upcoming national Real Estate crash - Casey Serin.

    I cannot believe these vultures did this!
    I hate people that use their knowledge and experience to take advantage of others for their own personal gain! Who do these women think they are? And more importantly what are they giving you in return?

    They are just taking advantage of you with a smirk on their faces pretending to offer you something when they have nada. Casey this was a HUGE mistake. You cannot think with your emotions in business ventures. These are your competitors. You cannot trust them.

  • 280. yneone
    January 26th, 2007 at 9:41 pm

    Said I would keep away for awhile but couldnt resist. What a piece of crock! No way is this contract valid; its like squeezing blood from a turnip. What does Casey stand to gain with this contract? Nothing at all. Just as I figured it, PRLEECHBEATCH AND JOY ODIZZY are scum. I knew this contract was going to be their hole-card. They have no grounds…any judge in their right mind will look at this contract and know that Casey was bamboozled. Ladies, the gig’s up…you looose!

  • 281. Big Cheese
    January 26th, 2007 at 9:43 pm

    To WVA hillbilly (post 33),

    Take some Imodium VD (verbal diarrhoea) and your problem should clear right up by morning.

    -Dr. Big Cheese

  • 282. teacher
    January 26th, 2007 at 9:56 pm

    “Jerry
    There are no provisions in the agreement on termination conditions. So just send her a letter and tell that you’ve terminated the agreement.”

    Jerry did you get past the 5th grade? You are one of those fools walking around that have no idea they are an idiot.
    Let me guess how successful you are.

  • 283. Urkel
    January 26th, 2007 at 10:00 pm

    Excellent post #187 I have ADHD and so does Casey

    Read your own version Casey, you couldn’t be making it up..

  • 284. Jerry
    January 26th, 2007 at 10:27 pm

    291@teacher

    Not only did I get past the fifth grade, but I got past six, seventh, and eighth too. Did you?

    Look, this whole thing is a frigging joke. On one side you’ve got a guy signing promissory notes and loan agreements and whatever else people put under his pen in exchange for shiny objects. On the other side, you’ve got business people wannabes clearly with no legal advice copying a sample contract off the internet and convoluting it to look fancy so now the thing makes no sense. It’s just a bunch of people playing house! Chill and have fun with it. Geez.

  • 285. Ross Pruden
    January 26th, 2007 at 10:29 pm

    I hate to say it, but the question of how ethical this contract is doesn’t matter in the eyes of the law — you signed the contract and that’s that. You might appeal to a judge about it, but you did sign your name to it and the law is fairly clear in this regard.

    Worse, you’ve publicly broken your legally binding NDA. Should they feel like it, they could probably sue you… and win.

    Not that I don’t see the gravity of your situation, or empathize, but you can’t force a homeowner to sell their house if they don’t want to. Call them names, say it’s not fair, but in the end, the house is still legally theirs.

    I wish you the best and I hope posting this contract gets them to back off… but it’s a gamble because it might rattle the bee’s nest, too. And in a court of law (inmvho), you would likely lose.

  • 286. Sean
    January 26th, 2007 at 11:13 pm

    OK, I may as well make post c. #280, nobody ever tires of reading this blog…

    I don’t think the ‘free lunch ladies’ have got the moolah or the will to prosecute, they’re just getting sensitive about negative comments as girls do. The contract doesn’t look enforceable because 1) it doesn’t make sense, and 2) even if you extracted the general meaning, the terms are probably too onerous to be conscionable. But I would go for 1) as the first, easy defence — especially that they have reworded a partnership form as an agreement, consequently it makes no sense at all in key places — i.e. key places that will get you off the hook. It’s ‘principal’ place of business not ‘principle’, by the way. Research question: Have contracts been thrown out in the past in courts of law because of significant errors of structure, spelling and meaning that negated them? On the other hand, some ‘witnessed’ verbal contracts can be binding, but there were probably no reliable witnesses to your convos. Deny everything. It works for Presidents and Prime Ministers. Maybe deny that it’s your signature, I don’t know, they could have copied it from the hotel register you signed.

    It should have been obvious from the start that the free lunch ladies are self-interested and fixated at about level 1 out of 6 of Kohlberg’s stages of moral reasoning — the totally egocentric grasping stage of the 1 month old baby. However, the whole get rich quick / kiyosaki / RE guru flim-flam industry is full of those sorts of people, they define it, and you’ve chosen to immerse yourself in it, and are now being lead like a lamb to the slaughter [covers eyes at the fateful moment].

    Never sign anything without reading it and thinking of the consequences. Why do your long, analytic threads always make sense and show great insight after the fact, but you always do something dumb and impulsive on the spot? You remind me of a friend who is renowned for being gullible, and became a seminar junkie and believed a lot of it, and… oh never mind.

  • 287. John
    January 26th, 2007 at 11:15 pm

    They have provided no consideration, and their consideration is exceptionally vague, so this contract is meaningless. Pay careful note of any “help” they try to provide to you, because if I were them, and I thought this was a real asset, I’d push ahead some “help” so later I can tell the judge, “Oh yeah, we helped him! Just like we promised!” Since they aren’t even talking to you, I don’t see how they can claim they’re fulfilling their end of the bargain. Heaven forbid they actually pay you money. That you would have to send back immediately. But they won’t, because they’re freaks. Tell them to sue me for calling them a name.

  • 288. Sean
    January 26th, 2007 at 11:31 pm

    Oh, and you have no money, therefore there is even less point in the free lunch ladies paying attorneys out of their own pockets now to sue you given that any awards will just be added to the list of liabilities to be repaid at 2c in the dollar once day…

    They just want to avoid being vilified, and it’s already a bit late for that now… although they think their contract has legally made you some sort of a puppet who cannot act without their approval for the rest of your life!

    Remember, these smiling white pointer sharks are only acting in (their interpretation of) the very best practice of contemporary American business… get rich or die tryin’…

    One of them can’t even get the credit to buy 1 investment property (but still prepared to try at the top of a boom about to collapse, mind you).

    P.S. Welcome back, Anon, you’ve been sorely missed…

  • 289. C
    January 26th, 2007 at 11:55 pm

    contracts that are overly broad and far outweighing to either party can be litigated in court and found to be invalid. A contract attorney could better inform of you of this. Contracts are not the absolute law, contracts themselves are governed by law. i’d sue them and expose them further. I fought my non-competition and non-disclosure agreement 3 years ago (real estate industry) and won, plus damages, plus court costs. Contracts don’t always hold water.

  • 290. Rich Dad's Son
    January 27th, 2007 at 12:14 am

    My father and myself do million dollar deals on our word alone. We hate contracts and we hate lawyers.

    Casey will admit that we never pressured him into any agreement, let alone a contract. Any suggestion or speculation that we did is simply a red herring if you are trying to follow Casey’s story.

    I have been taught that you can get so much more out of life by helping your friends and asking and expecting nothing in return. Your real friends will come through for you when you need them too!

  • 291. Despair
    January 27th, 2007 at 1:14 am

    I would be really curious to know how many hits the iamfacingforeclosure.com website is getting at the moment. Just how many people are watching this trainwreck? Probably, not enough. There are some great life lessons on this site.

    I started reading this blog about two months ago, got bored, and moved on. Today, I checked in on the housingpanic.blogspot.com and had to find out why Casey had disappeared. Well, I am now hooked again. Today’s post was the best thing I had read in ages.

    This is the best free entertainment on the web. Just keep it going, Casey, shake us up with another dumb decision next week. We just love watching you screw up……

  • 292. mejustme
    January 27th, 2007 at 1:35 am

    Please correct me if I’m wrong but don’t you get to void prior contracts in a bankruptcy?

    Not that I really think this is enforceable …

    And I’m no expert on law or bankruptcy …

    But I remember learning on VH1 Behind the Music or E! True Hollywood Story or some similar, highly respected legal analysis show (ha) that when that girl-group TLC filed for BK it was mostly to get them out of a crappy contract they had made in their early days.

    So if all else fails, would BK be an option to get out of this ridiculous contract?

  • 293. Speculative Bubble Housing Blogoshpere Links
    January 27th, 2007 at 3:44 am

    to host February 5th Carnival of Real Estate (So: We?re hitting all 12 cylinders, with two grand slam introductions this week. I should think we would be a slam dunk for next week?s…) [IMG iamfacingforeclosure][IMG][IMG] [IMG] Erin Morgan (PrLinkBiz) and Joy O?Day - NO DEAL!!

  • 294. FrankinSF
    January 27th, 2007 at 6:46 am

    This story has little monetary value. The premise of the website, talking about foreclosure and facing it, has changed.

    In the end there really isn’t much to sell here. The story, in my opinion is losing value and is getting watered down every day. Having said that I don’t think the contract is worth the paper it’s written on.

    If the story had any monetary value, there would be many sponsors here. I would guess that Casey will lose the latest sponsor too. I wish Casey well but he’s got to clean up a wreckage of the past that hasn’t finished wrecking…and I do beleve many are here to see the trainwreck that is coming.

    Tim is right about the cloud over the story…but is only guessing about legal ramifications…and admits it.

  • 295. Baffled
    January 27th, 2007 at 7:16 am

    Why aren’t you in jail?
    You committed FRAUD. You OWE people LOTS of money. This is a classic example of what is wrong with this country. Bunch of losers getting away with financial fraud…that’s great.
    I bet you even voted republican.

    You’re a pathetic excuse for a “financial investor”. At your age, you should have some sort of ENTRY-LEVEL job taking orders. You have NO CLUE on how to manage anything.

    How DARE you say that you have “made some mistakes”. Sorry bub, world doesn’t work that way.

  • 296. Mortgage Talks
    January 27th, 2007 at 7:26 am

    [IMG ]I thought a quick follow-up post was deserved. The kid’s got a another whole different problem now, something about doing a deal with some girl who suckered Casey out of the rights to his website (odd, eh?) and Casey disclosed it and their NDA, so she goes nutty and tells his ISP to take his website down, blah blah blah… Anyway, kid’s back up. And yes, I love his blog. Anyone who wants to

  • 297. Housing PANIC - The Housing Bubble Blog with Attitude
    January 27th, 2007 at 7:36 am

    [IMG ]I thought a quick follow-up post was deserved. The kid’s got a another whole different problem now, something about doing a deal with some girl who suckered Casey out of the rights to his website (odd, eh?) and Casey disclosed it and their NDA, so she goes nutty and tells his ISP to take his website down, blah blah blah… Anyway, kid’s back up. And yes, I love his blog. Anyone who wants to

  • 298. Giblets
    January 27th, 2007 at 8:16 am

    @ 308. Despair
    There’s a sitemeter link on the right side of every page underneath the previous posts and whatnot. All you have to do is click on it to see the amount of hits Casey gets.

    @ no one in particular
    This showdown was pointless. Casey could have shown the contract to the pro-bono lawyer and established that it was worthless. Then simply ignored it until the day when he theoretically becomes successful and has the money to make it go away. NLL was not actively pursuing him, he forced the issue, and as a result his site got shut down and he had to move to another server. The upside being that maybe he got more eyeballs to the site. Don’t get me wrong, yesterday definitely kept me entertained, but it was a sideshow to the main event going on in the big foreclosure tent.

  • 299. walt526
    January 27th, 2007 at 11:42 am

    @ Rich Dad’s Son #307

    “My father and myself do million dollar deals on our word alone. We hate contracts and we hate lawyers.”

    I don’t find this claim the least bit credible. For starters, the UCC has some pretty specific requirements regarding the proper execution of transactions involving real property.

    @ mejustme #309

    “Please correct me if I’m wrong but don’t you get to void prior contracts in a bankruptcy?”

    I think that you might be conflating certain provisions of bankruptcy that apply to individuals versus incorporated entities. In the entertainment industry, most performers transact through a corporate entity of some sort for a combination of tax and liability reasons. To the extent that a corporation needs to cancel pre-existing contracts in order to successfully reorganize to meet obligations to their creditors, a court will often invalidate contracts that interfere with that objective.

    I really don’t see how Casey filing bankruptcy or not impacts the validity of this “contract” one way or another. Tim’s right that S**** and S******* can make things difficult at some point in the future, but ultimately the thing is unenforceable.

  • 300. VOICE OF TRUTH
    January 27th, 2007 at 12:41 pm

    IS THERE A REASON WHY YOU CHOOSE TO KEEP DELETING MY POSTS? THERE IS NOTHING BAD IN THEM! YOU SUCK!

  • 301. dumberer and dumererest
    January 27th, 2007 at 12:53 pm

    funny how none of the contact info for housebuyernetwork or REItv actually work., guess they are a real professional outfit, maybe uberIT guru casey can help…

  • 302. Urkel
    January 27th, 2007 at 1:30 pm

    Rich dads son said. “My father and myself do million dollar deals on our word alone. We hate contracts and we hate lawyers. ”

    Impossible…..Real Estate deals by law, have to be written contracts. I can’t imagine what other million dollar deals you would be doing…..

  • 303. Vague Guru
    January 27th, 2007 at 2:47 pm

    @307. Rich Dad’s Son - “My father and myself do million dollar deals on our word alone. We hate contracts and we hate lawyers.”

    Screech, good luck with that when there’s a problem and it becomes he said/she said. Are you F’ing retarded? Who does business like that?

    Unless of course your Mafia, in that case please regard my previous comments.

  • 304. Max
    January 27th, 2007 at 3:53 pm

    Hi Casey,

    Wow, those ladies are sharks. Look at #9 item on the agreement “termination” it sounds like in this agreement you are acting as “agent.” Then you need to give them “constructive notice,” which means you need broadcast it through public domain like newspaper or web. I would suggest post a termination ad in the newspaper in Phoneix local newspaper. However, you do need to repay them back for the consideration or debt of the partnership. However, from your story I don’t see any consideration or debt. If they bring this issue to court, it is so vague or even a good chance for them to win. I would take the neccessary steps to protect yourself.

    Email me if you need any clarification.

    Good Luck,
    - Max

  • 305. ur a moron
    January 27th, 2007 at 5:48 pm

    Kudos! Casey I never thought I would say it, but FINALLY you have shown some backbone. The no limit lizards are trash. I mean one look at them should have told you, they are nothing but snapple drinking, shotgun toting, cowboy boot wearin’ S**** ! I hope they get in some deep poop for this. They are laughable. F*&^ the C#$%”s

  • 306. LOL!
    January 27th, 2007 at 7:58 pm

    318. VOICE OF TRUTH

    Any less than complimentary post about Nigel will be deleted.

    I know, happened to me.

  • 307. LOL!
    January 27th, 2007 at 8:10 pm

    12 to 48 hours to have my comment approved by the financial
    genius of this century. What’s next?

  • 308. LOL!
    January 27th, 2007 at 8:21 pm

    WOW!

    Moderation did not even take 24 minutes let alone 24 hours!

    WOW!

    Now, if only the content were not so stale.

  • 309. Cougar
    January 27th, 2007 at 8:24 pm

    I’m not sure if anyone has commented before, but I think Arizona Law is really in Casey’s favor on this one. Arizona is a Mecca for retirees and is also a Mecca for fraudsters trying to finagle a piece of grandma’s nest egg. As a result most, contracts require a 72 hour grace period, during which they can be canceled. Therefore, if Casey can prove that he indeed did attempt to cancel the contract on the day he signed it (or within the next 72 hours), he can probably get out of it. Of course proving this could be difficult, since it could turn into a he-said, she-said kind of thing, but if he has any witnesses that he made a good-faith attempt to cancel the contract then he is in good shape.

    While I don’t know that the 72 hour grace period applies to all kinds of contracts, I am fairly certain that it is the case for Real Estate contracts, Loans (eg. mortgage & car loans), car purchases, and probably hiring of contractors (construction). Of course I am not a Lawyer, so Casey should contact an AZ entertainment lawyer to be sure.

  • 310. MD_renter
    January 27th, 2007 at 8:27 pm

    That’s the worst, most poorly written, vaguest, most nonsensical contract I’ve ever seen. No wonder the guy laughed at it. I’m laughing at it too. It looks like something they scribbled out in a back room in 30 minutes while trying to sprinkle in “legalese” -sounding terms in order to intimidate you.

  • 311. LOL!
    January 27th, 2007 at 8:41 pm

    Blog owner? Is that new? How about your comment is awaiting moderation by failed white collar criminal.

  • 312. JDog
    January 28th, 2007 at 1:10 am

    Casey: Just a couple observations -

    If this is not an elaborate ruse for something else you hope to accomplish, it may indicate a pathology deeper than mere gullibility or greed.

    Your continued mis-steps are not amusing, just confounding and pathetic. The only value your story would have is one of redemption or renewal after sinking to the nadir of your existence — ala the man who perpetrated the Z BEST scam in the 80’s or Michael Milkin’s rebirth. It ideally would be something like, “Naive flim-flammer who fell hard for real-estate investment shams works way out of debt and has inspiring story to tell.”

    I see the “fell-hard” part, but not the “work-your-way-out-debt part.” If you are not now employed, then I suggest you find whatever employment you can obtain at whatever rate of pay you can find and begin the long, slow process of rebuilding your life and learning habits that will stand you in good stead for the remainder.

  • 313. Rooting 4U Casey
    January 28th, 2007 at 1:19 am

    Yeah, what happened to “Homey”???? I miss the clown :-( Did he get killed off? Was there 2 different Homey’s (Homey Da Clown and HOMEY DA CLOWN)? Was he reincarnated as that other jive talking poster whose name I can’t recall???

    Hey, and does anyone have a job for an out of work Purchasing Agent? I could really use an honest 9-5 job about now :-)

  • 314. Bobbyrib
    January 28th, 2007 at 9:17 am

    All of the people giving you advice on this blog have this expert opinion, and that expert opinion. Some say the contract is enforceable others say it is not. The only person or people you should listen to are the ACTUAL EXPERTS (not internet experts, otherwise known as opinionated losers). As some other people have advised, bring a copy of the contract to an actual attorney, and ask him if it is enforceable. Make sure you explain the ENTIRE situation to the lawyer, or lawyers to make sure they understand the situation as a whole.

  • 315. Blogging About Blogs, The Bloggers That Blog Them, And Gaming » Webomatica
    January 28th, 2007 at 9:38 am

    […] Here’s an extreme example of “gaming” in the real world: Casey Serin, somehow wheedled into signing a stupid contract signing his life and the contents of his blog over to some ill-meaning ladies. Who then try to shut his blog down, saying they now own it. Casey was “gamed” by amoral people. […]

  • 316. Catch me if you can
    January 28th, 2007 at 9:58 am

    OK I wanted to make a few observations:

    1) It takes me quite a while, and it is entertaining, to read this blog. However, I wonder how much time you are “wasting” moderating it. One of my earlier comments was on how you were doing busy work to make you feel like you are accomplishing something. Spending most of your day moderating a blog is not doing anything constuctive, you would be better off playing video games or anything else that would keep you from doing more damage to yourself (STOP signing contracts you do not understand).

    2) Since RK is your hero, though I cannot imagine why, you should follow his advice “Hire people smarter than you” oh like a lawyer who can get you out of this mess and keep you from getting yourself in deeper. Christ man, your judgement skills are appalling to say the least, you sould not sign another legal document of ANY kind without YOUR lawyer looking at it first. I know you read RK’s ramblings and like in an earlier post of yours assumed he just meant hiring good financial advisors to start your rental empire, ummmm no it also means getting good legal counsel. In my line of work my business never, EVER signs any contract without running it by our lawyer first.

    3) Why are you asking random strangers for opinions or legal advice on a blog? Talk about bad judgment. Granted there are some people with good advice for you but you ignore it all, you should be asking YOUR lawyer for advice.

    Finally, it is the courts who decide what is enforceable in a contract. The more restrictive covenants are, like limiting you ability to earn a living, the less likely any court will uphold it. However, either you are going to have to spend money for a lawyer to get out of this contract or they will have to spend money on a lawyer to enforce it, which will require you to hire a lawyer anyway to defend. Unless your final act of idiocy in this play will be to be the great fool and represent yourself in court. Either way it’s gonna cost you to get out of the contract.

  • 317. Anonymous
    January 28th, 2007 at 5:13 pm

    Casey-

    You are in way over your head (This is an understatement). You need to file bankrupcy, get a job, and get your life back in order. You will probably go to jail, which is normal because you lied and cheated the banks. Right now your life should be all about damage control. I wish you all the best, and a lot of luck because you’ll need it.

  • 318. Doogie Howser(out of the closet)
    January 28th, 2007 at 10:00 pm

    i just cheed in my dungies, so sorry you couldn’t be there
    i think it’s time for me to go to a place to see the tree
    okay it’s not alright for me to look a poo a smell pee, pee
    YET serindipity is like a shart that i can’t help but say IIIIEEEEEEEE
    so once again all my freinds do not cry,not now, please don’t
    because once i’m gone you’ll all just sit in doodie, in dookie
    no go to your room and pretend that you like soowie, thats right soowie
    so long all you computer jerks thats right you guys dont have any education thats why you sit and laugh at poor commi poo boy like he is some rabid monkey at the zoo of poo

  • 319. The Sangha
    January 28th, 2007 at 10:01 pm

    How can they mentor and guide you if they are not real estate experts? The contract seems contradictory.

    These harpies have managed to turn the tide of this blog: now your haters are sympathizers and, in some cases, cheerleaders.

    Go Casey go go go go go! ;)

    Nice that you showed the balls to defy them and their empty threats and posted this crappy contract and about their abusive and manipulative behavior (considering your financial distress).

  • 320. Jack Ambramoff
    January 29th, 2007 at 4:34 am

    Please delete my posts #277 and #283 on this thread.
    I got carried away. Delete this post too. thanks! I don’t want to disparage anyone unfairly. GREAT BLOG!

  • 321. Turn Your Self In
    January 29th, 2007 at 9:23 am

    Those “ladies” are Evil.

    Having said that, that contract stands. The contract is vague, but that is for a Judge to interpret and why the contract is vague to begin with.

    Since that contract was singed in Phoenix, the “ladies” can easily make you fly several times over to Phoenix in order to settle the dispute of the contract in court. Once you arrive at Phoenix and a few hours before the court hearing, the ladies can easily ask for an extension due to a unforseen “emergency”. In other words, they can waste your time and money and wear you out, several times over.

    If you fail to appear in court, they win.

    Since you have no money to fight this contract, as weak as it may be, the ladies can easily win it.

  • 322. LOL
    January 29th, 2007 at 9:46 am

    My 2005 tax return is done. Is yours Casey? You may want to wait for a 1099 from the hard money lender on the TX property, he has until 2/28 to mail it.

    I am sure savvy Chris will be sending one as well since he will want to write off your “consulting” fees on his return as a business expense.

    You are planning to file and pay your taxes aren’t you? I am sure that you factor paying taxes into your consulting income and future “passive” income.

    BTW despite the fact that I am a 9-5 “looser” in a higher tax bracket I am getting a refund thanks to my owner occupied mortgage interest and my “unstable” 401k deductions.

  • 323. Coltster45
    January 29th, 2007 at 9:12 pm

    Casey,

    I am not the least bit surprised you were duped by these people that just want to exploit you - just a 5 min go over of that contract would teach you that ‘they own your a** and will take everything you make’.

    This is you - continuing to make the most ignorant of decisions.

    I am not a ‘hater’ as you call people who post this kind of stuff- but this is one of those times I just want to slap you.

    Great- and the company is in phoenix and this is a legal contract- to get out of it you will need to fly back and forth to phoenix. Lucky you do not have a job as this will consume a great deal of time. - But where the hell are you going to get the money to take care of this.

    good luck bro

  • 324. stephishot
    January 29th, 2007 at 9:35 pm

    my messege to your friends who wrote the contract:

    Funny - casey runs into sigining 8 real estate contracts- and regrets it.

    Then he meets you - signs contract and regrets it.

    Casey makes then same mistakes over and over.

    Casey does not think - you were going to do the thinking for him - why not make a profit.

    If that kid makes any money you better take it away from him with an iron fist - especially after wasting your time and then slandering you on his website.

    Casey - can you honestly do anything right?

  • 325. yneone
    January 29th, 2007 at 10:45 pm

    @Still Here 192.

    Identity crisis.

  • 326. jamba juice momma
    January 30th, 2007 at 5:19 am

    google cache on what the nolimitladies were suppose to provide. Neither they nor Casey have lived up to the bargain. Contract is worthless as most of us expected it would be.

    from no limits ladies:

    “Casey told us that what we had said was right, and he was willing to do whatever it took to get himself out of his mess. So we went to the office, got the agreement out, and signed it. He was ready to hit the ground running. We began moving forward to formulate a plan of action. My partner was going to help him with all his houses(fly to see them, market research, negotiate with the banks, as well as help him get some cash going, set up a team, find a place to stay, basically hold his hand through everything) all at her own expense. My job was to document and manage the process. Casey’s job? Get out of his mess.”

    there you have it in black and white. hence the reason they probably pulled their site.

  • 327. London Ontario Real Estate Diagnosis
    January 30th, 2007 at 9:11 pm

    Speaking of jury, Since I posted on our Housing Bubble Poster Boy Casey Serin a while back I felt it was time to check in with the young lad in the midst of many disturbing legal woes. It appears it just got worse. He apparently did a deal with some girl who suckered Casey out of his website rights? Check it out here. Can’t help but feel even sadder for Casey who under duress unknowingly signed over to that nasty lady called PRlinkbiz (aka Erin Morgan). I guess the stress being $2.2 million in debt

  • 328. PeteMO
    January 31st, 2007 at 11:10 am

    In order for a contract to be valid, consideration must be given. What consideration did the ladies give in return for the rights they acquired? If nothing then contract may be invalid.

  • 329. Armageddon
    February 5th, 2007 at 9:13 am

    Casey

    This contract is not enforceable. No consideration, no termination. The 10 year no-compete provision also renders it invalid.

    You should ignore them and forget about it. They can take you into court, as can anyone, but it’s not likely since they are probably broke.

    Next time you sign anything have a lawyer take a look. Had this been an enforcable contract and had they given you a few bucks you would essentially have turned over your website (not that it is worth much, but at least it’s something) to them essentially for nothing.

    Have a nice day.

  • 330. Anonymous Texas Lawyer
    February 17th, 2007 at 2:54 pm

    Note that I am only licensed to practice in Texas (I have handled intellectual property and entertainment matters there so I can’t help you)

    You had better get with a California intellectual property / entertainment lawyer ASAP! Check with your state bar for lawyers who provide pro-bono (free) services to struggling artist-types.

    “Does this look like a win-win […] deal? ”

    No…but when have you ever made a win win deal before?

    “Is it right for Erin Morgan (Prlinkbiz) and Joy O’Day (Tao Realty, LLC) to take full ownership of my story and offer nothing SPECIFIC in return? ”

    Ethical, maybe not but legal, quite possibly. Without them you never would have gotten to meet Robert Kiyosaki. And you did let them spring for your expenses for your trip to Phoenix (another dumb move). All of that could be construed as ‘consideration’.

    “Is it right for them to be ignoring my repeated requests to cancel or settle?”

    Ethical, maybe not but legal, quite probably.

    “Is it right for them to continue preventing me from safely moving forward with sponsorships on this website?”

    Ethical, maybe not but legal, quite probably.

    Is it right for them to sabotage my ability to make any money from my story in the future?

    Ethical, maybe not but legal, quite probably.

    Let’s go through the ‘Casey Serin’ agreement, shall we?

    The agreement shall go by the following name: Casey Serin

    Self explanatory

    The parties’ principal place of business shall be governed in the state of Arizona.

    This means they’re going to follow Arizona law, not California law (which is more favorable to them not you)

    The first day that the agreement shall begin business is: October 27, 2006

    As of October 27, 2006 they have a claim on your intellectual property (IP) and are supposed to control your publicity

    The agreement’s operations shall be primarily in the following field or area of Promotions, Publishing, written content, E book, Web casts, Pod Casts, CDs, Motion pictures of all sort, Interviews, News Articles, Blogs, Radio, Audio, and any and all Public Relations.

    All of the above they control

    The agreement shall be capitalized as follows: Casey Serin will submit all written content, web content, future royalties, intellectual property, contacts, personal information, property information, lenders information in exchange for mentoring and guidance in his current real estate situation.

    That means what it says it means…if you only got one second of guidance or mentoring from them (and they can argue that they provided it through your one brief meeting with Robert Kiyosaki) then you’re on the hook to them.

    Tao Realty LLC themselves, their employees, Independent contractors, Associates, owned companies, successors and assigns make no guarantees to the outcome of the current situation.

    Don’t expect them to make you rich

    Casey Serin agrees to hold harmless all parties noted above for any financial, public or personal hardship that may arise.

    Don’t expect to be able to sue them if you don’t get rich, if you go to jail of if they embarass you.

    Casey understands that Tao Realty LLC is not acting as any real estate professional, tax or law specialist.

    Don’t rely on any real estate advice, tax advice or legal advice they provide.

    All laws and conditions are different in every state Tao Realty LLC is not presented as an expert in any form or fashion.

    Don’t rely on any of their advice and if you due, don’t expect to get any money from them.

    Losses and gains on contributed control, capital and other property shall be Assigned as follows: Tao Realty LLC shall provide the client with effort to the fullest extent allowed by law and have full control over all media of any form involving Casey Serin.

    Here’s where you signed your blog, book deal, movie deal, and publicity rights away. They say they’ll do their best for you (and that may mean that after meeting Robert Kiyosaki once that’s their best and that’s it)

    Casey Serin agrees to a non-compete position irrelevant of individual state laws for up to 10 years after the project dismemberment.

    Don’t try to go around them for as much as 10 years AFTER YOUR DEAL GOES AWAY!!! (this sucks but it’s what you agreed to)

    All media, publications, including but not limited to advertisements; print, radio or otherwise, web sites, blogs, books etc will not release any client of Tao Realty LLC or any
    affiants as a client of in any manor.

    I see typos in the above so I can’t figure out what is meant by the above

    The IRS’s general allocation rule and an independent contractor 1099 shall apply when applicable

    (This means for copyright law purposes, they intend for your intellectual property to be treated as a ‘work for hire’, which means you owe them a duty to turn over your rights to the blog etc…I am not up on the tax laws so you better see an attorney just for the proper interpretation of the consequences of being an independent contractor beyond you having to pay your own taxes)

    Salary, if any

    They don’t have to pay you one dirty penny

    in the future, for the services rendered shall be determined by Tao Realty LLC.

    If they feel like it, they might pay you at whatever rate they feel like paying you (which I suspect will be zero or almost zero) But THEY DON’T HAVE TO PAY YOU!

    This agreement shall remain in effect by both parties, their heirs, known and owned companies, successors and assigns upon retirement, death or incapacity of any partner.

    You (and they) can’t get out of the deal by retiring, dying, being incapacitated of if the company ownership changes

    Upon termination or dissolution of the Agreement, the Agreement will be promptly liquidated, with all debts being paid first, prior to any distribution of the remaining funds. All remaining fund will be the sole property and earnings of Tao Realty LLC.
    If you cancel your deal any debts have to be paid. Then if there’s money left over Tao Realty gets it.

    Any controversy or claim arising out of or relating to this Agreement, or the breach thereof, shall be settled by arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association, and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.

    Oh lovely, the above means you also signed away your right to sue. You have agreed to arbitration and a set of rules that are very pro-business and anti individual. If they win and you don’t go along with the arbitration finding, they can go to court and compel you to go along with them.

    So agreed, this 27th Day of Ocotber 2006.

    My hunch is that Kiyosaki will take over Tao Realty which is why he agreed to meet with you. I suspect that the women involved really are working for him but I can’t prove it just based on what you’ve told us. But it would explain his behavior and theirs.

    I am not going to interpret the authenticity and nondisclosure agreements as I’ve probably already done too much in terms of discussing the specifics of your situation.

    Casey you are in a world of sh*t and you absolutely *must* go see a lawyer…maybe they can argue fraud, unconscionability, etc, to get you out of this morass maybe they can’t. But this is one really ugly scenario that someone who comments on your blog can’t get you out of.

    Good luck to you…you’re going to need it