April 7th, 2007 7:36 am
Facing Foreclosure on Suze Orman Show
Watch me tonight on the Suze Orman show at 9pm and midnight ET (6pm and 9pm Pacific). I am going to be a call-in guest, not actually in her studio. But it’s all good.
I will leave this post up till Monday morning so you can comment on the advice Suze gives me on the show.
Should I follow the advice or not? Why?
263 Comments
April 7th, 2007 at 7:40 am
Why do you want people to comment on whether or not you should follow her advice? You’re not going to follow it either way. You are notorious for that.
April 7th, 2007 at 8:08 am
Yes. No. Do whatever you want. It’s your life, we’re just passing through. I personally have no interest in doing your homework. It’s all good though… but probably not for you in a couple of months.
April 7th, 2007 at 8:14 am
Her financial advice is not always top-tier, but I’d rate her far above Robert Kiyosaki. I’d rate her below John Bogle, Ben Stein, and William Bernstein. That said, and not even having heard her specific advice to you, I think you should take her advice, because it will probably be the best you’ve gotten so far, and because you probably won’t.
April 7th, 2007 at 8:18 am
Suzy Orman is an idiot:
I remember her stating approximately 5 years back that we were going into a high inflationary period. She said this was a sure thing and was predictable because of historical data. It never happened. Interest rates are still historically low. Many people made bad financing decisions based on her inaccurate prediction.
April 7th, 2007 at 8:24 am
Under no circumstances will you be able to accept any advice from Suze. She has no idea of your problems. If she knew the whole story she wouldn’t offer any advice except consult an attorney ASAP.
April 7th, 2007 at 8:25 am
She is mission driven to help people after having been assisted herself in the past.
April 7th, 2007 at 8:34 am
You have never followed anyone’s advice for anything ever.
April 7th, 2007 at 8:37 am
“Watch me tonight” - even though I am a call in guest - you schmuck.
Suze will remind you that multiple felonies are not in her area to advise about. You really need to get in touch with the DA’s office like Homey advised - much more important than this silly blog or your call in guest spot. I guess Suze didn’t think you were important enough to fly in for her show, huh? Hurt the ego a little bit? All good!
April 7th, 2007 at 8:45 am
Mr.Serin!!!
It would be great for traffic to your blog if you could call in to the show while drunk!
Wheatgrass and Vodka shots?
The “Serin Shot”:
1.Borrow money for the shot from a friend and promise to pay back “every dirty penny”.
2.Hoist the shot in the air and scream “LETSDOIT!”
3.Take the shot.
4.Scream “SWEEEEEEET!”
5.When your friend asks for the money a month later tell him, “I literally have 40 cents on me. Can we do 40 cents?”
6.Affirm promise to pay back “every dirty penny”.
Repeat.
April 7th, 2007 at 9:22 am
What difference does it make? What advice have you followed so far? And where’s that Utah payment?
April 7th, 2007 at 9:37 am
Are you going to continue to ask the readers questions at the end of all your posts?
I can just picture some mentored guy you met online telling you “You should try to ask your audience questions. It will encourage them to post and makes the readers feel more involved”.
Seriously, dude, no one comes here to offer you advice anymore. We come here because you make us feel smarter.
We all know that you don’t listen to anyone and “refoose” to do anything legitimate to help your situation. Stop with the stupid questions at the end of your posts and get on with the train wreck.
April 7th, 2007 at 9:37 am
asw: blueball
Love it.
You just love being ridiculed. She’s going to say “Boyfriend, What were you thinking.” I’m sure you didn’t tell her you were looking to scam the system. You were not a victim. Just be sure to face that reality. You created your mess. You and you alone.
You go, Boyfriend!
April 7th, 2007 at 9:51 am
Oh for heavens sake Casey
DO NOT follow her advice
Be consistant
A consistant LOOSER
April 7th, 2007 at 9:52 am
Hahahaha
ASW - LOOSE
Add an R and there you go !
April 7th, 2007 at 11:24 am
Would you listen to her if we thought you should?
Let us know if you do or dont http://www.icantsellmyhouse.blogspot.com/
April 7th, 2007 at 11:42 am
Casey: time for a serious question.
Does your murse have magical powers?
ASW: juicy
April 7th, 2007 at 11:49 am
NO - you absolutely should NOT follow her advice. Why? Because:
1. She does not have your real and full story - so, her advice won’t apply to your real situation.
2. You are much smarter than she and the other experts are, so you shouldn’t listen to her.
3. You haven’t listened to anyone yet, and it’s way too late in the game to start now.
April 7th, 2007 at 11:52 am
snowflake isn’t paying rent,
he’s begging for cash.
how far down is he headed?
April 7th, 2007 at 11:55 am
Why would you ask this?
asw:blueball
April 7th, 2007 at 12:04 pm
Dance, Casey, Dance! Notoriety saved the other five houses, and if you get enough publicity, the last one will be saved too!
Oh wait…
April 7th, 2007 at 12:07 pm
Whether you take the advice or not, I don’t know… I think it’s too late.
Good luck. I’ll try to view the show.
April 7th, 2007 at 12:44 pm
Don’t forget…she plays for the other team.
April 7th, 2007 at 12:49 pm
Of course you should take her advice. Stop with the pansy attitude. She’s a ‘guru’ in a good way! You know good and well her advice is to file BK. That’s what you need to do.
April 7th, 2007 at 1:11 pm
Casey sitting and moderating comments thinks back on his employment with his Rich Dad: total of paycheck, and how much did he learn. Let me fill in the blanks: Casey did not learn anything, because there is nothing to learn — the expensive real estate school was essentially worthless (there may exist a wholsesale market in real estate, but I am not aware of one. Perhaps with the mounting foreclousures, banks will dump them wholesale.) He did not even receive $1000 in salary, but he put himself into debt for $22,000. Yet he defends these crooks, so that they easily avoid punishment. I would put that crook in slot #1 of my BK petition.
Next time that you drive by the golf course up there in Sac town with your failing Jetta, remember that you are not playing golf there, but some Rich Dad is….
April 7th, 2007 at 1:25 pm
Casey,
You are like a guy waiting for hours on the corner, who has given his last money to a man for drugs, looking for him to return with his dope. He has lost his $500, but what can he do? Call the police? This is exactly why you should avoid any deal that is even a hint of “shady.” And avoid doing business with crooks for the same reason: you will be next.
I hope that you have learned your lesson. Once that you work on your honesty, you can work on some of your other character defects, like laziness. You are lucky to learn these lessons early in life, and the hard way.
(My security ‘word’ is not even a word — semivegan)
April 7th, 2007 at 1:26 pm
Unless she digs into your books and you give her an accurate prjection of your income with no wishful thinking the show will go like this:
Suze: Get a job.
Casey: I think I’ll wait it out, I just bought a lotto ticket this morning.
Suze: Remember ‘Trading Places’ (1983)? It’s get a job or go live with a hooker. I think there’ll just be some STD’s, no major deal.
Casey: How did you know the next team career move?
April 7th, 2007 at 2:27 pm
Before you go out and run hard reacting to life, get proactive - spend some time reviewing 2006 (yeah - now!) with the goal to create an action plan for 2007.
The key is to look over your last few years’ goals to see what worked and do more of it. Also, see what did not work - do less of it - and adjust your new goals accordingly.
April 7th, 2007 at 3:19 pm
love ya Casey! get some fresh material up here. tell us what’s going on with your life. having lost four of your sweet deals, what are you doing to get some more sweet deals? is Suze going into business with you? maybe she’s going to offer to finance you in your next business venture? i really wish she could reach out through the tv screen and shake some sense in you! that would be sweet.
April 7th, 2007 at 3:39 pm
This is the end
Beautiful friend
This is the end
My only friend, the end
Of our elaborate plans, the end
Of everything that stands, the end
No safety or surprise, the end
Ill never look into your eyes…again
Can you picture what will be
So limitless and free
Desperately in need…of some…strangers hand
In a…desperate land
Lost in a roman…wilderness of pain
And all the children are insane
All the children are insane
Waiting for the summer rain, yeah
Theres danger on the edge of town
Ride the kings highway, baby
Weird scenes inside the gold mine
Ride the highway west, baby
Ride the snake, ride the snake
To the lake, the ancient lake, baby
The snake is long, seven miles
Ride the snake…hes old, and his skin is cold
The west is the best
The west is the best
Get here, and well do the rest
The blue bus is callin us
The blue bus is callin us
Driver, where you taken us
The killer awoke before dawn, he put his boots on
He took a face from the ancient gallery
And he walked on down the hall
He went into the room where his sister lived, and…then he
Paid a visit to his brother, and then he
He walked on down the hall, and
And he came to a door…and he looked inside
Father, yes son, I want to kill you
Mother…i want to…f*** you
Cmon baby, take a chance with us
Cmon baby, take a chance with us
Cmon baby, take a chance with us
And meet me at the back of the blue bus
Doin a blue rock
On a blue bus
Doin a blue rock
Cmon, yeah
Kill, kill, kill, kill, kill, kill
This is the end
Beautiful friend
This is the end
My only friend, the end
It hurts to set you free
But youll never follow me
The end of laughter and soft lies
The end of nights we tried to die
This is the end
April 7th, 2007 at 3:45 pm
people…
Casey programs in the Anti-Spam words. So it’s not amazing or ironic when you get a word that relates to events that he talks about (i.e., blueball, letsdoit, sweet, success, etc.).
These are words he selected. By pointing out that this was your anti-Spam word, again, it is not highly coincidental or in any way extraordinary.
Now back to your regularly scheduled programming.
April 7th, 2007 at 3:58 pm
I saw the teaser. You came off like a giggling idiot.
Huhh…
April 7th, 2007 at 5:10 pm
Yo thanks for getting on the Suze Orman show! Last year Suze came to the San Francisco Learning Annex Building Wealth Expo and warned everyone about flipping! This year they didn’t have here at the Building Wealth Expo, but you know what–the flippers were not there either!
April 7th, 2007 at 5:11 pm
Number one mistake —- GREED
April 7th, 2007 at 5:21 pm
Uh, oh she thinks Casey is “an incredibly intelligent young man.”
That may be a bad sign, but I think her advice was decent. He’s wasting energy and time now.
Get a job.
April 7th, 2007 at 5:21 pm
Good Lord, we’re talking to a real-life version of Borat…
Pal, do yourself a favor, and turn yourself in. You sound like some twentysomething who has seen “Wall Street” too many times. Do yourself a favor…get an MBA and an actual job and forget Kiyosaki for a while. His advice is as cognisant as being told “Winning the lottery is easy, just pick the right numbers”…
April 7th, 2007 at 5:22 pm
Casey
How come you claime 3K in income a month from consulting on Suze’s show an yet claimed on your cashcall recording that you make 1500-2000?
April 7th, 2007 at 5:23 pm
Casey im not a hater but if you dont change the way you are doing things i have no choice but to be a hater.You did a great job with suze.
http://www.icantsellmyhouse.blogspot.com/
April 7th, 2007 at 5:23 pm
Oh good, you just lied on national TV. You dont make anything like 3k month.
Fooled Suze I guess, she said she thinks you’re smart.
STOP SCAMMING. STOP lying. Stop wondering why people hate you. Gawd.
April 7th, 2007 at 5:26 pm
I just watched you on TV. You told Cashcall $1500, then $2000, now $3000 to Suze on TV.
Dude, wtf?
April 7th, 2007 at 5:27 pm
Dolt, I just watched your 15 minutes of fame.
LOL
“You’ve spent too much time and energy on trying to save your investments”
LOLOLOLOLOLOL
You’ve done nothing, and watching you was like seeing a genuinine Zombie.
April 7th, 2007 at 5:27 pm
Man… I was so stiff on there… I must have been nervous or something. Otherwise I think it went well.
April 7th, 2007 at 5:27 pm
BTW,
Very few of her guests are “in studio.” Most of her important guests are on remote video.
Most don’t even get to show their faces.
So Casey’s appearance was NOT just a “call in.” He was on video and got as much face time as any other guest- except the woman who got into debt just by going to KFC and the architect woman with the scarves.
April 7th, 2007 at 5:29 pm
Hey, the show was actually pre-taped about 3 months ago. That’s why some of the stuff was a little out dated.
So when I say I was making $3,000 consulting, I really was back when I was working for Chris on a regular basis for a few weeks.
Recently I had less jobs so I am making less. This doesn’t mean that I can’t make $3K or $8K next month. In fact I probably will.
April 7th, 2007 at 5:32 pm
Hey would someone rip this and place it up on YouTube??
April 7th, 2007 at 5:34 pm
it would be sweet casey if just once, you could come clean to these media people, with the whole story. why can’t you correct them when they state something that is not true.
was there more conversation between you & suze, than what was on the program?
April 7th, 2007 at 5:35 pm
Basically Suze Orman told you to go get a job………………something everyone here has been telling you for MONTHS.
So are you going to follow *her* advice ?
Why did you lie to her about your income ?
I hope someone taped her show tonight and sends it over to Cash Call.
Oh, and one more thing. How about responding to some of the comments ? I don’t think we got our moneys worth during your “scamathon” last weekend.
LOOSER
April 7th, 2007 at 5:36 pm
Casey -
You are beyond a moron. I think your story about “Don’t be a dick, do some sweet deals” says it all….OK Casey, here’s some advice for you: Buy some properties. Sell them for way more than you paid. Don’t be a dick. Do this. When you do this a lot, you may have some money. Piss this away on whatever Father Kiyoski tells you to.
Rinse
Repeat
April 7th, 2007 at 5:37 pm
(#5) teacher,
re your post: “Suzy Orman is an idiot. I remember her stating approximately 5 years back that we were going into a high inflationary period. She said this was a sure thing and was predictable because of historical data. It never happened.”
Your criticism is hilarious. What sort of a ‘teacher’ are you, anyway? If you would just check a dictionary before you talk about things you don’t understand, it might save you some embarrassment. Here. I’ll do it for you.
From my Random House Unabridged: inflation: 1. undue expansion or increase of the currency of a country, esp. by the issuance of paper money not redeemable in specie.
That’s the primary definition, got that? The M3 money supply, which is the broadest measure of money, is currently increasing at about 11 percent. You should be STAGGERED by that news because it bodes of a coming disaster for our nation. You won’t hear that number from our government because they became embarrassed about the hideous growth of M3 and stopped reporting it last year. There is, fortunately, at least one economic site that continues calculating the figure, showing us that despite government RHETORIC which claims inflation is tame, it is actually running rampant: http://www.nowandfutures.com/g.....y_measures
Government uses CPI and PPI to measure inflation. This is, of course, absurd since both are calculated by the government using formulas which the government changes at will whenever they look bad. It’s also absurd because it’s patently impossible to tell how quickly prices are rising. Moreover, it’s absurd because the prices of absolutely EVERYTHING would have to be surveyed each month, and government doesn’t do that. Lastly, it’s absurd because prices aren’t inflation. Growth in existant money is.
Suze Orman was correct about what inflation actually did these last five years. I don’t know if she was right because she knew what she was talking about or was right out of pure luck, but if she claimed in 2001 that there would be runaway inflation over the next five years then she was absolutely right. You, on the other hand, who claim to be a teacher are not.
This is a huge topic, and I don’t think you are going to understand it from a single post. However, it would benefit you… and everyone else who reads this post… to begin questioning their government. Why, do you suppose, a government that has been printing and spending money like it’s going out of style ever since it moved the nation off of the gold standard might be motivated to switch the true definition of the word ‘inflation’ away from something that’s easily measured and toward something that’s completely indeterminable?
The answer is out there. Many of us already have it. If you look into this and understand why the government is doing what it’s doing, you’ll be miles ahead of other would-be ‘teachers’… and ‘investors’ too.
April 7th, 2007 at 5:41 pm
Why did you tell Suze you only have $30K credit card debt, when in fact it’s $165K+?????????
Also, you said RE school was $15K, when in fact it was $30K.
Bottom line, you know, and she knows, you need to file BK THE DAY AFTER YOU F/C the last house. Believe me, ‘it’s all good’ Casey - BK is NOT the end, it’s a good beginning!
And for what it’s worth, don’t pay CashCall anything else since you’ll be filing before your next payment is due.
April 7th, 2007 at 5:43 pm
No you won’t, and if you did, then you should try oh I dont know, PAYING BACK THE MONEY!
But I doubt you will.
Know this, if you declare bankruptcy, that cashback at close, and those fraudulent state income loans, will get exposed, and that’s where you are going to face the music.
April 7th, 2007 at 5:44 pm
ASW = semivegan
“Recently I had less jobs so I am making less. This doesn’t mean that I can’t make $3K or $8K next month. In fact I probably will. ”
Casey PayPal Begathon proceeds on your blog are not ‘jobs’.
Oh and I’ll be impressed if you clear one tenth of that range.
As my grandpa used to say “wish in one hand and crap in the other and see which one fills up first”
April 7th, 2007 at 5:45 pm
Are you going to listen to some advice though???
April 7th, 2007 at 5:51 pm
Liar Liar pants on fire
April 7th, 2007 at 5:53 pm
Do you have a link to a GoogleTube video of your interview?
April 7th, 2007 at 5:55 pm
You said that you didn’t even receive one paycheck from Chris. Who are you trying to fool?
April 7th, 2007 at 5:55 pm
Casey, if you make $8,000 next month I will match it.
April 7th, 2007 at 5:56 pm
What do you plan on doing, winning the lottery next month? Robbing a bank?? How in the world can you say next month you’ll be making 8k when you don’t even have 200 dollars to pay cash call?
One word: delusional.
April 7th, 2007 at 5:58 pm
You come across as sometimes young, naive and inexperienced on this blog, and other times as a budding con artist. But like Suze said on the show tonight, you actually do come across as somewhat intelligent in person.
And it occurred to me, you are something of a walking contradiction. I’ve spoken to plenty of friends & family who talk about fixing & flipping houses, or of starting up a blog. None of them have gone anywhere with those dreams. You have at least managed to do both these things. But it would seem you are lacking in follow-thru.
I’ve got a different theory about you now…. I think you started on both the flipping and blogging projects gung-ho, with a lot of dreams and enthusiasm. Then when you got to a point where you realized you didn’t know what you were doing, the enthusiasm waned, the work wasn’t fun anymore, so you stopped working.
Suze gave you the advice to file BK, which you should do. Face the consequences, then get on with your life. Pick another field to go into. If you can find a programming job, great, but if not, go to school and get educated. Don’t go to any get-rich-quick seminars. Go to a community college and then transfer to a 4-year, it’s the cheapest way to go. Then, in whatever project you go into next, you might actually know what you’re doing, and finish it.
April 7th, 2007 at 6:01 pm
“This doesn’t mean that I can’t make $3K or $8K next month. In fact I probably will. ”
Dellusional little twit.
April 7th, 2007 at 6:03 pm
Yeah, I did kind of look like a zombie… I was watching this thing tonight with a few friends of mine and we were laughing at me.
Trying to remember the taping from 3 months ago. I had to be in the studio in Sacramento at 6AM. I remember being confident but kind of jittery from drinking too much coffee. So I think maybe I was trying to over-compensate by trying to be still. I was also probably a little bit nervous. I’m normally a little more natural on camera. I don’t know what happen this time. Also I had too much styling wax in my hair and I don’t think I had time to take a shower that morning. My face was also way too shiny.
But hey it’s all good.
April 7th, 2007 at 6:04 pm
Thanks to Suze for having me on her show.
April 7th, 2007 at 6:06 pm
Is there any chance you could flip your shirt for you next media appearance.
In fact, you could use that as the lame a** question at the end of your next post:
“Should I wear the blue shirt with the stripes or the plain blue one?”
“Should I wear the murse on my next interview?”
“Should I get my highlights done for 20/20?”
April 7th, 2007 at 6:10 pm
I’m sure Suze would be proud that you followed her advice and focus more on internet beggathons since your little talk.
April 7th, 2007 at 6:11 pm
Casey dont let these punkarse haters mess with you. You managed to buy 1.8 mil in real estate while these losers couldnt buy a pack of gum on credit.
April 7th, 2007 at 6:13 pm
LOL. the reason we still read this crap:
I owe millions/I had too much styling wax in my hair
Totally trashed credit history/my face is too shiny.
equal in Caseyworld.
April 7th, 2007 at 6:20 pm
Casey
Enlighten me.
Why didn’t you follow Suze Orman’s advice 3 months ago ?
I don’t care about your hair or whether or not you took a shower before the show taped. I don’t care that you wore that same fugly blue shirt for the millionth time. All of that is unimportant. Stop focusing on the unimportant details.
Why didn’t you follow Suze Orman’s advice 3 months ago ?
Surely you know the answer.
April 7th, 2007 at 6:25 pm
oh john, thats so nice.
note that those of us who are chewing gum didnt rack up CC debt or lose 4 homes to foreclosure
i think that makes us win-win-ers
April 7th, 2007 at 6:29 pm
You have friends who you watched the show with?
Are these people you met when working at Pride Industries?
Why aren’t your friends bailing you out of your cashcall debt?
What do your friends think of this blog?
What do your friends think of your lies?
What do your friends think of the beg-a-thon?
What do your friends think about Suzy’s advice?
April 7th, 2007 at 6:30 pm
@68 Casey: Trying to remember the taping from 3 months ago.
And of course now you’re asking us whether you should take her advice. The advice she gave you three months ago.
Bravo, Snowflake.
April 7th, 2007 at 6:30 pm
ASW = manbag
http://www.youtube.com/watch?v=Ey6qquwcoPk
Relevant part starts at 2:32
Lyrics:
OOMPA LOOMPA DOOMPADEE DOO
I’VE GOT ANOTHER PUZZLE FOR YOU
OOMPA LOOMPA DOOMPADAH DEE
IF YOU ARE WISE YOU’LL LISTEN TO ME
WHAT DO YOU GET FROM A GLUT OF TV
A PAIN IN THE NECK AND AN I.Q. OF THREE
WHY DON’T YOU TRY SIMPLY READING A BOOK
OR COULD YOU JUST NOT BEAR TO LOOK
YOU’LL GET NO
YOU’LL GET NO
YOU’LL GET NO
YOU’LL GET NO
YOU’LL GET NO COMMERCIALS.
OOMPA LOOMPA DOOMPADEE DAH
IF YOU’RE NOT GREEDY YOU WILL GO FAR
YOU WILL LIVE IN HAPPINESS TOO
LIKE THE
OOMPA
OOMPA LOOMPA DOOMPADEE DO
April 7th, 2007 at 6:33 pm
On the show she was referring to the first round of seminars at $15K. I spent another $15+ in 2006 on more seminars but that was after doing a couple of flips.
I don’t know EXACTLY how much i’ve spent on RE education at this point so I loosely say $30K where $15K was the original Russ Whitney set of 3 bootcamps: wholesaling, lease options and foreclosure, plus a general bootcamp that shows all the different strategies.
On the $3K/month. Now that I think about it, I don’t know if I actually made $3K for a month with Chris. But I DID already have that job. I think I JUST started working with Chris at that time (Dec-Jan, somewhere around that time)
So I had PROJECTED income of $3K/month. Nothing wrong with stating you’re making $3K/month even if you haven’t completed that month. Here is why:
Imagine you just got a salaried job, say, making $50K per year. Somebody asks you “How much are you making?” and you say “I’m making $50K per year” even if you haven’t worked a full year yet. It’s just the way normal people talk. Normal people don’t say “NO, YOU’RE WRONG, you haven’t made $50K yet because you just got the job!!”. Normal people understand what you’re getting at. But NO, not the haters!
COME ON YOU HATERS!! Give me a freakin’ break for once. Why do you keep saying that I’m lying?? You just have your views set about me and that’s all you see.
And to the guy trying to post my newsgroup chain letter from 10 year ago, here is the link about Revisiting Old Mistakes. I already explained that a long time ago. Come on, everybody makes mistakes.
I’m getting tired of some of you haters. I don’t know why I keep allowing these comments on this blog. Don’t any of you have anything constructive to say?
Are you serious? To the person who said he will match me if I make $8K in a month… If we can find a way to hold you to it I would take you on for this challenge! I’m not talking about borrowing more money either. As part of the challenge I’m prepared to EARN $8K legally and fairly 30 days from the time we start the challenge.
April 7th, 2007 at 6:33 pm
I saw it, and you looked like a dork. She clearly bowled you over with the flattery about being intelligent, but her advice was worthless, and you are quite right not to follow through on it in the last three months. Stick in there, let the debts accumulate, and wait for something to come along. Good things usually do.
April 7th, 2007 at 6:44 pm
Casey,
I offered you a $125 for one hour to talk to me about ways to buy foreclosure property?
Are you not interested?
April 7th, 2007 at 6:46 pm
“COME ON YOU HATERS!! Give me a freakin’ break for once. Why do you keep saying that I’m lying?? You just have your views set about me and that’s all you see.”
Funny, you didn’t have any trouble taking money from them, you hypocrite. You need the haters. They are the only traffic you get.
Don’t get mad at people when they point out that you can’t keep your lies straight.
April 7th, 2007 at 6:48 pm
Unfortunately I didn’t get to watch the show. Casey, can you upload a copy to the website or youtube? Or, do a transcript or audio only?
April 7th, 2007 at 6:49 pm
“Normal people don’t say “NO, YOU’RE WRONG, you haven’t made $50K yet because you just got the job!!”. Normal people understand what you’re getting at. But NO, not the haters!”
‘Normal people’ also aren’t in the world of s**t you are Casey…neither they nor any of the haters I know is $1.8 million or $2.2 million in debt. So since you’re the one who made the issue of your debt (how ever much it may be), you have to expect the readers of your blog to also make an issue of your income (whatever that may be). They’re also making an issue of the fact that your reality changes to suit your immediate needs.
“I’m getting tired of some of you haters. I don’t know why I keep allowing these comments on this blog. ”
Because if you didn’t the only one commenting would be you.
ASW = blueball (which you should go back to bouncing up and down upon
April 7th, 2007 at 6:50 pm
Do we have anything constructive to say????? We say it all the time but you REFUSE TO LISTEN.
Why do you keep dodging the question of why you didnt take Suze’s advice 3 months ago to file BK and get a job???
Is it because you feel dumb because you thought she waqs going to say something we havent been saying for 6 months??
ANSWER THE QUESTION CASEY!You are the one who has nothing to say anymore these days,the rest of us are just plain exhausted from repeating ourselves.
What are your plans for the future,are you going to file the BK and move on or not????
April 7th, 2007 at 6:51 pm
Reason I didn’t follow Suze’s advice 3-4 months ago when we first taped this segment:
I was being idealistic hoping to find a way to “repay every dirty penny” and save all the homes from foreclosure. Delcaring Chapter 7 bankruptcy would have cause the secured lenders to file for releive of automatic stay and foreclose on me.
So the main reason I have been delaying bankruptcy I gave myself time to attempt to sell the homes, or lease option or short sale, basicaly, do whatever I gotta do to avoid foreclosure. Well, I DID try.
Why did I even care about the lenders? Well I felt responsible to pay back the loans I take out. So some of it was a moral and ethical issues. The other part is I wanted a challenge of digging myself out of this whole before trowing in the towel.
Also, I disagree with Suze on doing BK at that point of the game. Even though I was behind on a few payments, it was STILL worth avoiding foreclosure and bringing the payment current.
A foreclosure on the credit record is MUCH worse than 5 late payments for the purposes for applying for more mortages in the future. (Or that’s what I hear from most mortgage brokers that I asked).
That’s why I didn’t just BK and throw in the towel. But now I have 4 foreclosure under my belt and the picture is very different.
I feel there has been SOME victory though: I DID wrap one house in Utah and perhaps I will short sale the one in Modesto if the buyers close. So that’s some success in avoiding foreclosure right there.
I’m glad I tried to stop foreclosure. I have no regrets. I learned a lot. It has been tought but it’s still a positive experience as I take my lessons and the new opportunities and run with it.
FAILING FORWARD!
April 7th, 2007 at 6:51 pm
Casey,
Calm down buddy. This is what you wanted. You put yourself out there for everyone to see, and this is what you get when you throw the fact that you are getting national coverage for cheating the system. You did make some mistakes, but you also did some slick things that were “at best” morally borderline. hey, I no ones judge, but you wont see me blabbing about how I stole money and used it to fund an extravagant lifestyle. You made your bed, now lie in it!
OR………
file bankruptcy, move on with your life, and watch the blog die.
Your choice.
April 7th, 2007 at 6:52 pm
CS wrote:
>I’m getting tired of some of you haters. I don’t know why I
>keep allowing these comments on this blog. Don’t any of
>you have anything constructive to say?
The answer is simple, have you done anything constructive to pay back dirty money, prevent foreclosures, chasing down the utah payment etc? Instead of doing the right thing (ie find a job), you continue to think of hair brain scam (ie corporate credit)…
CS also said
>Are you serious? To the person who said he will match me
>if I make $8K in a month… If we can find a way to hold you
> to it I would take you on for this challenge! I’m not talking
> about borrowing more money either. As part of the
>challenge I’m prepared to EARN $8K legally and fairly 30
>days from the time we start the challenge.
Very sad… you won’t go earn $8k for the sake of paying back the dirty money, but you will only do it if someone matches and challenge you? This is why you attract haters. If you have the capacity to make $8k, why didn’t you do this right away, and you’d at least, save a few of your houses?
April 7th, 2007 at 6:53 pm
To sum it up: attempting to stop foreclosure on 6 homes gave me the experience to see what works and what doesn’t and try the different options. Now I have the background to help others in foreclosure. It doesn’t matter that I didn’t succeed. Just going through the fire was enough to understand and help others who are in the fire. I’ve been truly blessed through this experience!
April 7th, 2007 at 7:02 pm
So you got there at 6 AM? That explains a lot. You looked tired on that show. Your eyes appeared to be glazed over. I even thought your speech sounded a little slurred at one point. Why was your head turned to the right throughout that whole segment? You looked really stiff. Even considering all of that, you came off pretty well. Good job.
April 7th, 2007 at 7:08 pm
LOL….I can’t believe you’re in that much trouble. I’ll give you credit for going on the show but the whole time I didn’t feel no sympathy for you. I actually laughed out loud.
You are young and learned a valuable lesson in life. Greed can kill you and money is root of all all evil. So many people are in trouble here also in SoCal with foreclosures because they got caught up in hype and think they are going to get rich.
Don’t be motivated by money but happiness in life. You worked in computer field and so do I…most tech jobs are cake. Go back and get a job and earn money the real way by working!
April 7th, 2007 at 7:09 pm
Hey Casey,
What do you really like doing? U said real estate investor - so why don’t you become a real estate agent ?
You need to do what you enjoy doing Casey.
You have to be realistic? The way you have been living your life so far is via gambling; not prudent investment,
Loads o Money
April 7th, 2007 at 7:12 pm
ASW = vdubs
Tony Soprano over at the EN blog made a bunch of gimlets…we’re all getting drunk and joking around in hater-land.
This here party is over…they’re all outta beer…wheatgrass shots just ain’t the same
April 7th, 2007 at 7:15 pm
Casey,
Staying positive is good, but dont be delusional. There are a million and one ways to “NOT” do something right. You took NONE of the advice offered to you by people on this blog, and your respected advisors (including Suze Orman) and somehow feel that you were blessed by this situation. Getting the advice for free and using it to get out of this situation would be the blessing. Casey, credibility is what adds value. You dont take advice, so how do you feel that you can offer it?
April 7th, 2007 at 7:17 pm
@ Casey “COME ON YOU HATERS!! Give me a freakin’ break for once. Why do you keep saying that I’m lying?? ”
Answer: Because you are.
@ Casey “To sum it up: attempting to stop foreclosure on 6 homes gave me the experience to see what works and what doesn’t and try the different options.”
Question: Why would you need to have 6 foreclosures to figure out what works? It’s simple. You stop foreclosure by either paying the mortage payment or selling the property. What other “option” is there Casey?
Why did you think you were smarter than Suze Orman ? Why do you think you are smarter than 100% of the readers of your blog? Why do you ask for advice and NEVER follow it?? NEVER!! Why??? Why do you bother to ask for advice????
April 7th, 2007 at 7:17 pm
58. dc economist
Know this, if you declare bankruptcy, that cashback at close, and those fraudulent state income loans, will get exposed, and that’s where you are going to face the music.
Will get exposed to who? Is there anyone who’s a cop, prosecutor, investigator, judge, or hell, even prison guard who hasn’t been tipped off yet?
If that’s the case, you haters are just a bunch of hot air. Why aren’t you exposing this? Don’t you work at the Department of Justice? Get with it!
April 7th, 2007 at 7:18 pm
Geez - get a grip. What do you expect rational people to say given your past and current actions? In the real world, being held accountable for one’s actions is the norm. People may believe a person’s words the first time or two, then actions and results are what count.
April 7th, 2007 at 7:18 pm
Now I have the background to help others in foreclosure. It doesn’t matter that I didn’t succeed. Just going through the fire was enough to understand and help others who are in the fire. I’ve been truly blessed through this experience!
What grinds my gears about you, Casey, is that you take a nugget of truth, wrap it in “poop”, and then think you’ve got five pounds of gold.
For example, in my line of work, just about everyone has either started or worked for a failed startup at some point. Some people have even done a few of them. It’s fine, it’s expected, it’s even normal. But the people who are writing the books and getting the sweet gigs as keynote speakers, and generally making a name for themselves as someone whose advice is valuable, have had some unmitigated successes as well as their failures. And that’s what you do not have, Casey. Wrapping Utah and MAYBE (I’ll believe it when I see it) short-selling Modesto doesn’t make you a success. It just makes you a little bit less of a failure.
Even the supposed $30,000 profit you got off one of your early deals was not really a success, because you had to take on a dog of a property as part of the deal (it was Burdett, if I recall correctly), and that property subsequently became one of your foreclosures.
Seriously, if you want to be seen as an expert whose advice is worth something, do something right for a change.
April 7th, 2007 at 7:21 pm
No Casey, if you managed to get in foreclosure and come out of it, then you have had the experience. You’ve managed to lose 6 houses and beg for money on the internet. The only reason people visit your site is to laugh at you.
April 7th, 2007 at 7:21 pm
“So I had PROJECTED income of $3K/month. Nothing wrong with stating you’re making $3K/month even if you haven’t completed that month.”
Ladies and Gentlemen of the jury, the prosecution rests.
April 7th, 2007 at 7:28 pm
“COME ON YOU HATERS!! Give me a freakin’ break for once….”
Didn’t the ‘haters’ bail you out last weekend in the amount of $600-ish? Wasn’t that a break? Didn’t that occur once?
Wanna re-think, revise, retract your comment?
April 7th, 2007 at 7:29 pm
I’ve got some “sweet” “haterz” merchandise available. Don’t be a “looser” and check out the don’t hate Casey shop. It’s got stuff for haterz, “realists”, supporters and everyone else.
Enjoy!
April 7th, 2007 at 7:30 pm
If you have the ability to earn $8K/month, why haven’t you been doing so and paying your bills?
April 7th, 2007 at 7:31 pm
Casey,
Did you watch the episode tonight? Now that you’ve had some retrospect, don’t you think it’s time to move forward with your life. Get some income that’s stable and dependable, regroup and build your reserves and clear out your unsecured debt.
If you won’t listen to Suze, who will you listen to?
April 7th, 2007 at 7:37 pm
If you don’t like hater comments, just ignore them and delete them.
Of course, doing so will eliminate 95% of your traffic.
Choose the problem you want to live with, sport!
April 7th, 2007 at 7:40 pm
Are you serious? To the person who said he will match me if I make $8K in a month… If we can find a way to hold you to it I would take you on for this challenge…
If you sold those GSPG stocks, you would have half of the 4K you need. The stock is down to .0028 from the .0032 you said you bought it for, so there’s a little loss there as well you have to account for.
April 7th, 2007 at 7:50 pm
“I’m getting tired of some of you haters. I don’t know why I keep allowing these comments on this blog.”
Because otherwise you’d get no traffic and no fifteen minutes. Try to remember that the next time you’re groveling around for money from these “haters”.
“Don’t any of you have anything constructive to say?”
No. BECAUSE THERE IS NOTHING GOOD ABOUT YOUR SITUATION. You don’t believe that, you think it’s all good. Fine, that’s your problem, not ours. Good luck trying to figure out what’s good.
And yes, Casey, I *will* have fries with that.
April 7th, 2007 at 7:58 pm
You’re right, Casey. The following is quite confusing
So I had PROJECTED income of $3K/month. Nothing wrong with stating you’re making $3K/month even if you haven’t completed that month. Here is why:
Imagine you just got a salaried job, say, making $50K per year. Somebody asks you “How much are you making?” and you say “I’m making $50K per year” even if you haven’t worked a full year yet. It’s just the way normal people talk. Normal people don’t say “NO, YOU’RE WRONG, you haven’t made $50K yet because you just got the job!!”. Normal people understand what you’re getting at. But NO, not the haters!
There is a difference, Casey. The 3K you’re referring to is projected because it is contingent on commissions, etc. The 50K isn’t contingent on that: its a regular salary with a regular paycheque that comes at regular intervals, whether that’s weekly, biweekly, twice a month, monthly, etc. Your 3K isn’t a regular thing.
Its like saying to a child, “I’m giving you $5/week for allowance”, vs. “I’ll give you $2 per chore you do over the month.” The former gives the child a regular allowance of $5/per week. The latter is contingent on ACTIONS DONE BY THE CHILD. If the child does no chores, no money.
What action have you taken, Casey?
Not that this’ll get through. But, according to the security word, its “sweet”.
April 7th, 2007 at 7:59 pm
“I’m getting tired of some of you haters. I don’t know why I keep allowing these comments on this blog. Don’t any of you have anything constructive to say?
Casey,
We all had constructive things to say for months. You ignored everybody’s constructive comments. EVERYBODY’S. So the answer is, yes we do, and yes we have. But you can’t hear it because you’ve got your fingers in your ears and the biggest freakin’ set of blinders I’ve ever seen a person wear.
April 7th, 2007 at 7:59 pm
“Also, I disagree with Suze on doing BK at that point of the game.”
Um, yeah, because doing BK while you still had pending foreclosures would be more likely to get the attention of the feds, and because you believe you’ve “already suffered enough,” you think you shouldn’t attract their attention or go to prison. Wrong on both counts.
April 7th, 2007 at 8:16 pm
One of the golden rules of real estate is that real estate is local … why in the world would you break this rule and buy houses all over the country SIGHT UNSEEN, or even knowing the local markets for these houses? All you did was set yourself up for disaster there, so this doesn’t really surprise me.
April 7th, 2007 at 8:29 pm
Suze basically gave you the same advice I gave you way back when you first started this blog: declare bankruptcy, get a job and move on with your life. Suze is right: you are addicted to this real estate stuff. Stop following real estate gurus & get a job. Those real estate gurus got rich by selling a dream to fools like you, not from real estate itself.
April 7th, 2007 at 8:34 pm
You need to block all those hater comments at least for a week break. They aren’t giving any constructive advice, they are just bringing you down. You need to surround yourself with positive people.
April 7th, 2007 at 8:46 pm
“attempting to stop foreclosure on 6 homes gave me the experience to see what works and what doesn’t and try the different options. Now I have the background to help others in foreclosure. It doesn’t matter that I didn’t succeed.”
No you don’t because you appear to have learnt little or nothing, and you seem mostly clueless about what the process requires to make it more painless.
Frankly, I wouldn’t come to this site if I were looking for foreclosure advice. You’re waaaay too flakey to be considered a reliable source because you don’t appear to ever cover all the bases. You don’t even seem to have a clear grasp on what happened with your foreclosures, let alone be in a position to understand the nuances of what happened to someone else’s.
You flamed out exceptionally but why do you think that means you learnt anything from it?
April 7th, 2007 at 8:47 pm
To sum it up: attempting to stop foreclosure on 6 homes gave me the experience to see what works and what doesn’t and try the different options.
Wow. You’re SO stupid that you actually had to go into foreclosure to figure out “what works and what doesn’t work.”
Allow me to recap:
Don’t get a job.
Don’t have an income.
Don’t have an income.
Don’t pay your mortgage.
Don’t pay your mortgage.
Go into foreclosure.
Lather. Rinse. Repeat.
And did you…four times over.
That was a damn expensive lesson, son.
And please, don’t start complaining how we’re all hating on you. You’ve spent the last 6 months or so with the internet equivalent of a large sign that says in 6 foot high letters that says “KICK ME!”
Failing forward, my a** .
April 7th, 2007 at 8:50 pm
You have already had multiple properties foreclosed. Your credit rating went from 700+ to less than 500 in the span of a year. One more foreclosure isn’t going to make a lick of difference, especially since you have to file for bankruptcy anyway. You have literally no reason to expend any effort on getting it off your hands.
Even if you bring all your debts current, all that means is you’ll have a bunch of credit cards with 29.99% interest rates which won’t do you any good ever again. You’ll still essentially have to go cash only.
If all you’re after is entertainment value, by all means, continue to waste your time and energy trying to save a hopeless situation. If you care about your own future, then try the short sale since you’re this far along, but if it doesn’t work, let it go.
The ironic thing is that the Modesto home will probably be a good value within the next 5-10 years. The San Joaquin Valley is in a huge slump, but it is still being held up by tech jobs unlike, say, Detroit which is completely screwed.
April 7th, 2007 at 8:51 pm
@Casey
In post #89, you said “To sum it up: attempting to stop foreclosure on 6 homes gave me the experience to see what works and what doesn’t and try the different options.”
So you didn’t realize that being unemployed and waiting for something magical to happen wouldn’t stop foreclosure until you tried it?
April 7th, 2007 at 8:55 pm
yes, normal people talk about making 50K. but normal people also work normal jobs that they can reasonably expect to be holding for a year and if not they have reasonable expectations of getting a similar job.
you are not normal and it is NOT reasonable to expect of you that you would be able to hold that temporary non-W2 arrangement (i’m not sure i’d call it a job) for as long as a year. in fact i believe you already admitted that you are not making 3K/month now, so 1:0 haters vs the liar.
like most liars you are trying to LIE your way out of it and PRETEND that you are not a liar, but thast doesn’t work.
you WILL see that it doesn’t, when you try to do that in front of the judge.
question: are you paying taxes on those “jobs” you claim you had?
i guess you are going to ignore this question. this way you can try to convince yourself again that you are not a liar.
you say you are getting tired of these comments because they are not constructive. but they are. the world is trying to tell you something. it’s about survival of the fittest out there. when something doesn’t work you have to adopt, change your ways.
you have not yet demonstrated that you are willing to do that.
“talking about your problems” is not enough. many say 1st step is admitting that you have a problem. you haven’t really done that. you just started a dialog about your problems on this blog.
it’s not yet enough (apparently) to get you out of denial. once you get yourself out of denial, if ever, you have a chance to start learning how the world REALLY works, finding your place in it and trying to succeed at whatever it is you’ll end up doing with your life. good luck, you are going to need it.
April 7th, 2007 at 8:57 pm
Casey,
That’s like saying that you live through 6 separate auto accidents that you have caused….and leaving behind many dead and injured. But hey, it was all good and you had a great experience out of them.
Herbert
April 7th, 2007 at 8:58 pm
Oh my.. Snowflake is getting upset.
Buddy, you’ve been getting constructive advice since day one. And you’ve not only been ignoring it, you’ve been deriding it. I know that because I’ve been here since the day IAFF went online, and quite a bit of it came from me. If you’re unwilling to respect constructive advice, you shouldn’t be surprised when you stop getting it.
(But by all means, moderate out all the criticism. I dare you. Watch your blog dry up and die within 48 hours, while you get the unholy tar beaten out of you on EN - and most likely on DHC as well. You think it’s bad now? Just try that and see what happens.)
Now, why are people on your case about your income?
Oh, I dunno.. maybe because you started all this by lying about it to the banks - most likely, dramatically? And maybe because you’ve repeatedly equated lying about your income to speeding and pirating CDs? And maybe because you gave the CashCall guy three very different numbers in less than a minute, stammering over his very simple question about a three-month income average? And maybe because you’re dancing again now, yanking this $8K number out of your a** - a week after begging on the Internet to stave off a loan shark?
Gee, I wonder why you don’t have any credibility.
And about your salary analogy.. you’re stoned, Casey. Before starting my own business, I spent many years doing contract consulting work. It’s decent money; making $10-15K over the course of a month wasn’t crazy talk. But it’s unreliable: taking a five week gig at $10K and extrapolating a $120K/year salary is just insane.
However, if I hired you at a $120K/year salary, that would *not* be projected income. It would be a committed statement of fact, written in a binding contract: if you work for a year in this job, you will be paid $120K. That’s what a salary *is*, and there’s a world of difference between that and estimated income from inherently unstable contract labor. Doing stuff for Chris for a projected $3K over a few weeks does not translate into a $3K/month income, except in the deluded hallucinations that make up CaseyWorld.
For a guy who wants to be a successful businessman, you’ve got a lousy mind for business. You mix up salary, income, cash holdings and profit. You confuse personal debt with business losses. You’re a horrible negotiator. You flip and then flip out. You’ve left a trail of burned partners in your wake. You’re dishonest. Your word appears to be meaningless. You can’t make a decision worth a damn. You disregard signed contracts, ignore signed NDAs, and publicly broadcast recorded calls without the permission of the other party. You, my friend, are simply a walking disaster that any wise businessperson would steer the hell clear of.
But right now, you’re getting criticism because you can’t keep your story straight. And you’re getting pissed off because you’re running out of time and deep down, you know it. You can feel the tick-tock in your heart - the end is coming, and it’s coming ugly, and it’s not far off now. The end is close enough now for you to smell the blood on its breath.
Remember what I wrote after your beg-a-thon? About dignity? Well, welcome to post-dignity, Casey. It’s far, far too late now to act like you deserve some respect - you auctioned the last of those rights away for just shy of four hundred bucks. Those people own your a** now.
And you might as well start getting used to that state of affairs. All things considered, it may well be quite a long while before you’re in secure possession of your a** again.
Tick tock, Casey. Tick tock.
April 7th, 2007 at 9:03 pm
Let’s not get so quick about using past tense. There are still a lot of guilty parties running around. Some whose operations even may be considered as ongoing criminal enterprises. Casey is but a small fish.
April 7th, 2007 at 9:17 pm
“You’ve spent too much time and energy on trying to save your investments”
Hehe. Don’t you have to put your own money into something for it to be considerred an investment?
Suze Snowflake…meet Snowball.
April 7th, 2007 at 9:24 pm
Since quitting your job over a year ago you have NEVER made anywhere near $3000 during any month from any job.
You are NOT a computer programmer, no matter how many times you say you are. You don’t even know enough to tell the difference between mickey mouse web design and real programming. Repeating a lie over and over doesn’t suddenly make it reality. It only seems real in your tiny head.
You spent WAY more than $15K on scaminars. More like $30K by your own previous accounts.
In one of the short video clips, obviously an old one, you say you were making $30K/yr from your job before you quit, which is probably close to the truth. But on this blog you have repeatedly insisted that you were making $50K/yr. Liars are often forgetful about which lie they told to whom. It requires careful and detailed tracking of a lot of information. And we all now how you do with detailed tasks of any sort.
And finally, Suzy Orman is a f#%king moron to whimsically throw out figures like $6K/mo, $9K/mo that you’ll magically be making if and when you bring yourself to actually work. Like there are companies out there just waiting breathlessly for you simply show up so they can throw that kind of money at you despite your lack of education or any discernable skills.
asw: looser — what more can I add to that?
April 7th, 2007 at 9:42 pm
I just saw you on Suze Orman as I was flipping through the channels. This really helped educate me on what my mortgage broker has been telling me about doing “liar loans” no doc, stated income, I flip houses and am from Pittsburgh (market is steady) and relatively cheap, I just closed on a hosue recently I paid 82 for, made 25k profit, now it is going back into foreclosure off new owners and I am trying to buy it back via short sale. Casey keep up the fight, I am a huge fan of Rich Dad and all the haters out here are just mostly people stuck in there w-2 jobs where they will go nowhere and eventually the company will screw them (They always do). I just quit a lucrative 50k a year job to sell real estate (I am making the same amount but gives me freedom to flip houses) and people critcize me all the time, my parnets are always like get a job, who cares about not paying back the debt (like Suze said those banks took a risk), cut your losses start over, remember rich dad says 9 out of 10 fail. you just have to be in the 1 out of 10.
April 7th, 2007 at 9:45 pm
Casey: “I’ve been truly blessed”
Inigo Montoya: “You keep using that word. I do not think it means what you think it means.”
April 7th, 2007 at 9:46 pm
Dude,
Don’t think she’s got anything goin for ya. Like Les said above, she’s playn for the other team. She’s a book that’s never been cracked, get it?
As far as that ‘Mrs. Robinson’ schtick, won’t work on her.
Dude, get over it. Eat more “modified vegan fish”.
April 7th, 2007 at 9:51 pm
Are you serious? To the person who said he will match me if I make $8K in a month… If we can find a way to hold you to it I would take you on for this challenge! I’m not talking about borrowing more money either. As part of the challenge I’m prepared to EARN $8K legally and fairly 30 days from the time we start the challenge.
I don’t understand… why do you need someone to match you in order to go for 8k a month? Something’s wrong with this picture, Casey…
April 7th, 2007 at 10:01 pm
@V-Dub #6: Good luck with that. Let us know when your future site IAmFacingForclosureToo.com is online.
@Casey S. #89: Realistically Casey (and I’m the Nth person saying this), the only advice that you can give is what NOT to do. You really don’t think that you’re qualified to give sound advice, do you? God help the poor soul who follows your advice. People don’t need advice on what not to do, they need advice on how to do something correctly. At this point though, this is falling on deaf ears.
April 7th, 2007 at 10:08 pm
Suze Orman has had a ton of financial success. Because of this, I would take her advice without a second thought. Likewise, other financial wizards would recommend you deliver pizzas at night, after coming home from your assured hourly wage or salaried job. (Did I mention the word “job”??)
April 7th, 2007 at 10:09 pm
To sum it up: attempting to stop foreclosure on 6 homes gave me no experience to see what works and what doesn’t and try the different options (try commas here you non educate). Now I have no background to help others in foreclosure! It does matter that I didn’t succeed. Just going through the fire wasnt enough to understand and help others who are in the fire. I’ve been an idiot through this whole ordeal!
asw-fixnflip
April 7th, 2007 at 10:11 pm
I don’t see why Casey’s experience as an investor with foreclosed properties is especially helpful to the average person facing foreclosure - e.g., a homeowner who’s behind on their mortgage payments. Casey had no equity - in fact, tens of thousands of negative equity in most properties - and somewhere else to live, so his houses were vacant and Casey didn’t really give a **** if foreclosure occurred or not.
A homeowner in an owner-occupied home (I mean actually owner-occupied, not just a lie told by someone who lives 1000 miles away) is not necessarily excited about a short sale if it means they and their family are about to be sleeping in their car.
Also, as discussed above, Casey refused to seriously explore bankruptcy as a strategy to postpone or avoid foreclosure.
Another significant difference is that Casey had no significant income and made no payments - so his negotiation posture with the lenders (or potential refinance lenders) was significantly different from the average person with a foreclosure pending.
So it’s nice to talk about how this experience is going to allow Casey to help others, but I don’t think his experience is going to be relevant or interesting, unless there are other Caseys out there.
April 7th, 2007 at 10:13 pm
Casey -
You say:
A) I am not declaring bankruptcy since I want to try to pay back as much money as possible.
B) I don’t get a job, since there is no hope of me paying all this money back.
Are you so delusional that you cannot see what a total hypocrite you are?
Orman hit it on the head. You’re a gambling addict.
I don’t care if you get help. I hope you don’t, because I need someone in my life that I can take my problems out on and feel better than. You will continue to free-fall until you find a Gamblers Anonymous meeting.
April 7th, 2007 at 10:14 pm
Oh, and your comments tonight reek of “OH MY GOD, I GOT CALLED ON THE CARPET ON NATIONAL TELEVISION, I NEED TO DO DAMAGE CONTROL”
April 7th, 2007 at 10:16 pm
Casey,
What with NS flaming you at his blog these days and all…
Why do you still have a link to his site on your page and vice versa?
Just a little frindly traffic between old friends?
April 7th, 2007 at 10:49 pm
Casey,
I saw your appearance with Orman, and you were quite poised. I thought I’d seen most of the footage before. However, you looked fairly tense, albeit rehearsed in your responses. This isn’t a criticism. I think I would have folded like card table with a busted leg, had it been me on T.V.
Considering how young you are (and this isn’t a put down), but here you are on television (how many times now?) talking confidently about something that most others would rather shove under a rock and forget.
When all the dust settles on this, if nothing else, you’re coming out of this situation with a maturity and poise, that would take others’ your age quite a while, if ever, to acquire.
Anyway, good going.
P.S. I have never seen anyone so deliberately expose, explore, explain, and expound on such a massive mis-calculation in their life like you have undertaken. Just that fact alone has put you in the history books.
Be sure to check out my web page, huh?
April 7th, 2007 at 10:57 pm
casey…ill give you 20$ if you sing eminems song “fack” on here so we can here it.
IM SERIOUS!!!! tell me when, and i will put it in your pay pal!
EVERYONE!!!!! DONT YOU WANT TO HEAR CASEY SING “FACK” FROM EMINEM??
April 7th, 2007 at 11:09 pm
congrats on the invterview. I think it’s kinda funny about all of the people that take the time to trash you, but keep showing up to your blog day after day. Ya, you made some stupid mistakes… but there is a “silver lining” in everything… and this blog and all of the PR you are getting is sure to lead to something good in the end. Keep it up.
April 7th, 2007 at 11:20 pm
Casey,
I saw you on Susie Ormon, I’m hoping you can help me. I live in Colorado and I haven’t been able to keep making my loan payments. My lender says they are going to do a trustee sale on April 10th. Is it all over for me if they do the sale? Can I buy the property back? What would it take for them to let me keep the home my kids have been raised in?
Please help,
Diane
April 7th, 2007 at 11:53 pm
You are in dire financial straits. So dire, in fact, that you were begging on the internet last week for a few hundred bucks. Yet you claim that you can make $8000 a month if someone were to match you. While I would agree that $16000 is better than $8000, surely $8000 would be better than $0 (You claim you made $3000 or $1500 or something, yet you were still begging for money; so I don’t think it is unreasonable to not believe you). So my question is, why don’t you make $8000 and pay some of your bills?
April 7th, 2007 at 11:54 pm
Nothing succeeds like success!
April 8th, 2007 at 12:27 am
You want constructive criticism? Here we go:
1- Stop wheelin and dealin AKA gambling.
2- Stop being so impulsive
3- Don’t betray your business partner who you trusted and was loyal to you.
4- Get a 9-5 cubical W-2 LOOSER job + get a second job like CD DUPLICATING tech consulting job.
5- Stop focusing on juicing. Focus on working your a## off. Your health will not turn sour overnight.
6- If grocery is costing you too much, focus on eating ramen (very cheap when you buy bunch) + vegetables (from parents or sister in law) in it.
7- Get out of real estate business for now.
8- Go for real estate agency training if you are still interested in real estate. You can earn income as an agent, save some money and invest on the side.
9- FILE BANKRUPTCY asap
April 8th, 2007 at 1:37 am
Casey,
I checked Godaddy for you so you have something to do after this short sale…
Available
CASEYISFACINGBANKRUPTCY.COM is available!
Only $9. Go get it man!! You soon will have nothing left to foreclose!
April 8th, 2007 at 1:59 am
I think “unbelievable” has covered what I would have said except for one thing: You asked at the top of this blog “Should I follow the advice or not? Why?” but then tell us that it was recorded 3 months ago. So you already knew the answer, which appears to be ignore it and continue as before.
As for whoever said “remember rich dad says 9 out of 10 fail. you just have to be in the 1 out of 10.”
Sounds about right for “Rich Dad”. So long as he sold all 10 of them the book he’s OK. I interpret that as “out of 10 people who follow what I said in my book, 9 of them are failures”.
April 8th, 2007 at 3:34 am
casey says school doesnt teach you about investing and being an entrepaner. but there are a lot of classes that do that you should have done.
accounting
business law
business administration
small business management
business/entruprenership
finance
and you could have gotten a real estate license, which
could only help. and if you have a degree, you can get your brokers licnese, and you dont need any experience.
asw manbag
April 8th, 2007 at 3:43 am
“attempting to stop foreclosure on 6 homes gave me the experience to see what works and what doesn’t and try the different options.”
Share with us, Dolt, what works?
April 8th, 2007 at 5:03 am
“Just going through the fire was enough to understand and help others who are in the fire. I’ve been truly blessed through this experience!”
Please don’t EVER have kids. I can’t imagine you as a father.
The most obvious lie of all is that you led us all to believe that Suze was *going* to be interviewing you, when it seems they were simply going to *broadcast* something three months old. Totally, totally misleading.
But I guess you’re consistent.
April 8th, 2007 at 5:12 am
Casey,
You have been fooling yourself and continue to deny that your Real Estate flipping was ill timed and a failure. Having that said you seem like the type of person that would do anything to avoid working for a paycheck! I guess the $8.00 per hour jobs just don’t quite pay for the good life!
That said, you are good with self promotion and working on the internet. why not use that to your advantage?you are going to need it!
Morals?? to pay the lenders back? You should have thought about that when you did not occupy the homes that you purchased with owner-occupy financing!
Your short sales will haunt you for the rest of your life. You see, the IRS will not let you bankrupt on your tax debt. You will have to pay something back ,eventually.
April 8th, 2007 at 5:21 am
Hey Casey!
Don’t worry !!
Everthing will work our just great!
I know.
I’ve done “The Math!”
See ya in Rosemary Beach!
Carl (Karl)
April 8th, 2007 at 5:52 am
You take the cake, bro. Loads of good advice for you here…on a daily basis, no less. However, you don’t like the amount of work or actual personal responsibility that taking this advice would entail, so you reject it. You then continue to solicit advice, and summarily reject anything that has the ring of common sense.
Well, your act has now become tired and pathetic. It’s like a bad, cyber-version of Groundhog Day…filmed on a camcorder.
Now you’re down to blegging (blog-begging), proffering G’s future involvement to keep people around and asking for more advice (which you will summarily reject).
You’ve now doing something worse than running out of homes to foreclose or declaring BK; you’re BORING us.
Get ready to circle the drain. You’re baked.
April 8th, 2007 at 7:13 am
I wonder why there was a three-month delay between taping and airing. Casey, can you give additional details of the taping? I’d be interested to know how much was edited out, and if you needed to sign anything (like a release) and if you were paid to appear.
People here are calling you out on what appears to be lies, but nobody knows what the unedited footage contains. Did you tell her that your combined unsecured debt was significantly higher than what was broadcasted? Was there any mention of the loan fraud and how that could potentially influence the pending bankruptcy proceedings?
BTW, Casey, you need to change your copyright to 2007 now.
April 8th, 2007 at 7:18 am
Casey:
You’re running out of time.
Once you’ve lost the last home there’s not going to be much left to talk about.
Imo, what you’ve got to immediately do is find a way to cash in on your notoriety and the popularity of this site.
Forget working with anyone here and try to find an agent of sorts who can help market you.
April 8th, 2007 at 7:46 am
“Imagine you just got a salaried job, say, making $50K per year. Somebody asks you “How much are you making?” and you say “I’m making $50K per year” even if you haven’t worked a full year yet. It’s just the way normal people talk. Normal people don’t say “NO, YOU’RE WRONG, you haven’t made $50K yet because you just got the job!!”. Normal people understand what you’re getting at. But NO, not the haters!”
-This logic only works for a salaried job. You know, the one that you refuse to get. You can’t have it both ways Casey. In this example, the employer could verify that the pay is 50K. How much you want to bet that Chris would not have the same figures as you!!
April 8th, 2007 at 7:46 am
Yeah you seemed stiff and kind of robotic on the show, seemed like you were reading cards at time, were you? Anyways, Suze’s advice seemed logical, seems like you should get a job and earn more money monthly, especially since you are a programmer =). Was wondering before you had this mess start to get out of control, did you try renting out the homes and making the monthly payments from the rent? Anyways if you or any of your readers are facing foreclosure on a home or homes in Los Angeles, California, in areas like Calabasas Park, Calabasas, Hidden Hills, Bell Canyon, Thousand Oaks, Westlake Village (on the lake), please let me know. I know several buyers that are looking for these kinds of deals, would be glad to help ;o). Can be contacted online at:
http://www.4realestatedeals.com
April 8th, 2007 at 7:59 am
If that slimeball-troll Nigel can make $$$ off Casey, why can’t we all???
Introducing The Four Faces of Casey houseware and coffee mug:
http://www.cafepress.com/atchouston
Thanks for shopping…
April 8th, 2007 at 8:06 am
CASEY DOES HAVE EXPERIENCE
Remember his plans to buy a 100-unit apartment building and generate 5k/month in positive cash flow from the beginning, all with no money down?
He can teach everyone how he thought about doing that!
April 8th, 2007 at 8:53 am
Casey,
Don’t let these haterz get you down. Remember, you control your reality with your thoughts. Negative thinking produces negative results. So stay positive. Spend time with your Maker. Keep believing and believing and believing and then it will be handed onto you. All that W2 garbage is not for you. You’re special. Remember that. It’s all good. Real good.
Uncle C
April 8th, 2007 at 9:01 am
If you agree, add this to your posts:
I will not read this site on Wednesdays unless you post your expenses and income for the prior week
April 8th, 2007 at 9:13 am
Brian T.:
I think the word is spelled “loser” not “looser”. “Looser” would mean “more loose”.
I think that CS is actually headed in the right direction as long as he can declare himself insolvent! If he does, there’s no way that the IRS will go after him.
I think CS is headed the right way!
Go CS go!
!yay!
April 8th, 2007 at 9:20 am
Casey,
America loves the underdog, America loves giving second and third chances. Since you started this, we’ve found out you’ve tried email scams, various pyramid schemes before your attempts at “Not Fix and Flip”… this has run, by your admission, for the past 10 years or so.
What have you learned? What do you think you’ve gained from these failed experiments?
April 8th, 2007 at 9:26 am
Not doing your own writing? It shows.
April 8th, 2007 at 9:46 am
PS — Besides the chain letter, you forget the e-mail you sent friends to join you investment ponzi scheme. When listing your transgressions, make sure you include this golden nugget. Otherwise, how can people say “Three strikes, and your out?” Happy Easter.
April 8th, 2007 at 10:22 am
Casey -
Did you buy that stock or did you not buy that stock? Your answer was cryptic and a lot of people are confused. Please clarify.
April 8th, 2007 at 10:35 am
Wow, whatever PA was supposed to research you for Suze’s show really dropped the ball. The BS about having a job, no discussion of the liar’s loans, letting you imply that you did any work on maintenance and repair — even as a casual reader I’ve read more than enough to know those are all fabrications.
April 8th, 2007 at 10:38 am
I think it is absolutely rich that Nigel is trashing you on his “positive” site and that he is going to make money off of you.
April 8th, 2007 at 10:55 am
Casey,
There are more important issues that need your attention than how you looked on TV or whether you need to take her advise™. The FBI and DA spent two years investigating these people before handing down indictments. This was for six homes, not eight.
Seven Indicted in Oklahoma Cash Back at Closing Scheme
http://www.mortgagefraudblog.c.....ng_scheme/
April 8th, 2007 at 11:19 am
http://www.gamblersanonymous.org/
April 8th, 2007 at 11:29 am
Hey, you ARE doing what alot of people have done or “wanted to do” but just havent had the balls to do it.
If you had bought the properties earlier then fliipped for a profit you would another young trump real estate guru protege………… BUT instead like a lot of people you got stuck at the hight end of the market, the top end of this large pyramid real estate scheme orchestrated by the Federal Government.
someone in the pyramid always gets screwed. home values lower, owe more than properties are worth, lending practices are tougher….
tell all the people here …..
“DONT PLAYER HATE ……
PLAYER PARTICIPATE”
April 8th, 2007 at 11:30 am
@127. Justin
“I just quit a lucrative 50k a year job to sell real estate”
HAHAHAHA!!!! Buddy you have a screwy definition of “lucrative”. You may want to look up that word in the dictionary. Which decade are you stuck in? The 70s? In 2007 50K is barely above poverty line. In many states, especially California, it is BELOW poverty line.
“(I am making the same amount but gives me freedom to flip houses)”
If what you’re making is so f#%king “lucrative” why are you having trouble making your payments? Get your stories straight. Does lying and scamming run in the blood with you flippers? Guess it goes with the territory when your stock in trade is to push junk and crap.
April 8th, 2007 at 11:36 am
Casey,
It’s not over between you and Nigel, is it?
April 8th, 2007 at 11:56 am
54. The Guy Next Door,
You can quote all the stats you want that “lead” to inflation. The bottom line is, all this didn’t lead to inflation. We are still and have been for the last five years in a low inflationary period.
The consumer price index (CPI) increased 2.4 percent over the twelve months ending in February.
You state that CPI doesn’t measure inflation because “it’s patently impossible to tell how quickly prices are rising.”
If it’s impossible to tell how quickly prices are rising, how did you determine that we have been in an “inflationary” period for the last five years?
If the last 5 years have been an inflationary period, what would you call the 1980’s?
April 8th, 2007 at 12:15 pm
Seriously, don’t get a job. The moment you have any significant official income, the wolves will be at the door. Just give the outward appearance of living in poverty while enjoying a few small, easily hidden luxuries earned with money from under the table. The law and the lenders have bigger fish to fry.
April 8th, 2007 at 12:22 pm
Here is how you qualify to get on Suze’s show, or even Rich Dad’s:
1. You admit that you are no good with money.
That is a heck of a qualification to become a customer, don’t ya think?
No wonder people think that she is a genius. What an excellent business plan. Open up you wallets now!
April 8th, 2007 at 1:22 pm
EVERYONE is talking about CASEY:
http://tinyurl.com/2tk3ff
April 8th, 2007 at 1:32 pm
I went to something where Orman talked and she gave wrong advice.
She said that you could buy your PMI outrightly. PMI is Mortgage Insurance you have to pay if you don’t have 80 LTV. I asked numerous Lenders this and they don’t know what the hell she is talking about.
That is why people are doing 80/20 or 80/10 or 80 /15 loans. If this PMI buyout was possible, then people would be doing 90% 1st mortgage loans with a buyout instead of 80/10.
This woman is a kook.
The only thing she has is first mover advantage.
SHe is the first l****** to give financial advice.
April 8th, 2007 at 1:53 pm
“I’m prepared to EARN $8K legally and fairly 30 days from the time we start the challenge.”
How?
April 8th, 2007 at 2:28 pm
“Are you serious? To the person who said he will match me if I make $8K in a month… If we can find a way to hold you to it I would take you on for this challenge! I’m not talking about borrowing more money either. As part of the challenge I’m prepared to EARN $8K legally and fairly 30 days from the time we start the challenge.”
And if you fail (not foward, mind you) and do not make $8000 what is in it for me? I know you like to set up win-win deals…How about you sign over all rights/ownership of this IAFF?
By the way, I like the fact that you have to make the distinction that you would earn it LEGALLY. A person with good moral fiber wouldn’t have to do that.
April 8th, 2007 at 2:43 pm
I Am Facing Foreclosure? He’s a 24 year old twit who bought a bunch of properties (many in other states, site unseen) thinking he was going to make a killing by flipping them. He ended up $2.2 million in debt. Now he seems to be trying to make a killing by blogging about it,
April 8th, 2007 at 2:57 pm
If you are a programmer as I am - I challenge you to provide samples of your work - this site is a simple WP template - not impressive - show us some examples of your programming or design.
What languages? What are your skills - lets see a resume.
ASW: manbag - wow I think I would rather carry a murse than a ‘manbag’
April 8th, 2007 at 3:18 pm
http://www.sitemeter.com/?a=st.....m&r=36
It’s over Casey.
It’s over.
April 8th, 2007 at 3:33 pm
If can make money off of being on Suze’s show for 15 minutes do you really think he’s going to go out and get something full time?
No … he’s got too much of a get rich quick mentality. He wants to milk his fame for all it’s worth.
April 8th, 2007 at 4:12 pm
CS
You are the man!
In the case of:
http://www.mortgagefraudblog.c.....ng_scheme/
The men were indicted because they conspired to overinflate the value of the homes. In other words, one guy bought it for $250k, then sold it to another guy who “bought” it for $450k, and the two guys split the $200k difference.
You didn’t do that, right?
Don’t listen to all the haters CS, you ‘da man!
!yay!
And f Nigel Swaby, award winning commentator!
!yay!
P.S. CS did buy the stock. If he hadn’t bought it, he’d have denied it by now.
1.3 million shares! !yay!
ASW is not-menstrating-anymore
April 8th, 2007 at 4:22 pm
Casey,
Since you in no way care about the law then why don’t you do some 419 fruad the nigerians are so good at. You seem to speak english well and since you have some knowledge of extremely basic finance I think you could do it well…
April 8th, 2007 at 5:21 pm
This is in reponse to I LOVE L*******:
First, you do not have a clear understanding of PMI. It is not 80%. Here is how PMI works: If your down payment on a home is less than 20 percent of the appraised value or sale price, you must obtain private mortgage insurance, known as PMI, with your lender. This will enable you to obtain a mortgage with a lower down payment because your lender is now protected against any default on the loan. Secondly, Suze Orman provides excellent advice, if many consumers would have taken her advice a couple of years ago, they would not be in this foreclosure mess TODAY!
April 8th, 2007 at 5:26 pm
Casey Serin. Spanning two segments, the entire interview lasted about 15 minutes. Essentially, Suze’s focus on Casey was to demonstrate someone who over leveraged themselves in real estate and she didn’t address the legal impropriety he was clearly involved with.
April 8th, 2007 at 5:32 pm
Kudos to:
178. Brian T.
for taking care of post 127 from “lucrative $50k Justin..”
Public service and all… Well done.
Tip O the hat, sir..
April 8th, 2007 at 5:52 pm
A house is not for investment or flipping. It is for living. Families need homes to raise families, etc. The stock market, bonds, etc is investing. Do you remember gramma flipping? What don’t you start flipping cars, dishwashers or toasters?
April 8th, 2007 at 6:15 pm
Casey, if I contribute $10 can I have the Anti-spam word: semivegan again? I hit it a couple of days ago and haven’t seen it since then and it really made my day. Or if that word is no longer available can you add either semivirgin or semiforeclosed to the mix? I’m not a full time hater but your ability to find and operate in the gray area between right and wrong is entertaining.
April 8th, 2007 at 6:34 pm
Hey Casey,
Notice how many people are coming to the conclusion that you’re a compulsive gambler? First it was only me and one or two other people, but now it’s quite a large number.
I’ve asked you on several occasions to address this, but you’ve demurred. Whadya say?
April 8th, 2007 at 6:48 pm
Where is the video?
April 8th, 2007 at 6:55 pm
@ 190. Sitemeter
http://www.sitemeter.com/?a=st.....s over.
April to date looks like it’s going to be about the same as March (month is about 30% over, and April to-date traffic is about 30% of March).
Am I missing something?
April 8th, 2007 at 6:56 pm
Are you and “N” just pretending to fight to drive up traffic?
April 8th, 2007 at 7:16 pm
For those who missed it, Casey said he was working on something that would be lucrative in the not-too-distant future. It wasn’t the person who offered to match the $8K that inspired him. Supposedly, Casey has had something in the pipeline.
Casey, what is it?
April 8th, 2007 at 7:24 pm
Casey,
Here in the US, we teach a game to children in Kindergarten called “Musical Chairs” that teaches children (early on) that you had better “take a seat” when the music stops. Guess they don’t have that one in Poobekistan huh?
Well the music has stopped Casey…..
Oh wait, Real Estate ALWAYS goes up right? My bad….
April 8th, 2007 at 8:39 pm
Let’s see…
On April 1st, at midnight, in a park where I was going to sleep, I found a can with a $0.05 redemption value. Projecting that can, once a second, for the rest of the month, I’M GONNA MAKE $129 FREAKIN 600 F-INN THOUSAND DOLLARS THIS MONTH! I GOTTA TELL ALL THE LENDERS I HAVE THE EARNING CAPACITY OF $1 EFFINF 500 THOUSAND DOLLARS A YEAR.
April 8th, 2007 at 8:41 pm
Let’s see…
On April 1st, at midnight, in a park where I was going to sleep, I found a can with a $0.05 redemption value. Projecting that can, once a second, for the rest of the month, I’M GONNA MAKE $129 FREAKIN 600 F-INN THOUSAND DOLLARS THIS MONTH! I GOTTA TELL ALL THE LENDERS I HAVE THE EARNING CAPACITY OF $1 EFFINF 500 THOUSAND DOLLARS A YEAR.
Oh yeah, I gotta find 1 can a second every second every day for a whole year (success probability: 0.00000000032300111330000099888%).
Never mind (except on my loan App……..)
April 8th, 2007 at 8:45 pm
180. teacher,
re: We are still and have been for the last five years in a low inflationary period.
No, we have not. We have been TOLD that we are still and have been for the last five years in a low inflationary period. But those doing the telling have been feeding us a load of crap!
The CPI is a government orchestrated and modified-at-will statistic that is supposed to measure the rate at which prices are rising. But it omits the enormous rise in housing prices! It uses rental prices instead… despite the fact that 70 percent of Americans own their home and that the home mortgage is the single largest expenditure for most Americans. Rentals, you see, actually FELL in most markets as a direct result of the home buying run… due to the many tenants who ceased renting. That’s one heck of a thing to leave out of any honest Consumer Price Index calculation.
The CPI is supposed to measure the change in price of a fixed basket of goods. However, the basket’s contents keep being changed! Moreover, the formula has been changed under almost every administration since the CPI’s inception to keep the number low. If we still used the formula from 1980, it would be telling us that prices are rising at around 7 or 8 percent - which makes prices double in about ten years. That doesn’t sound so bad until you consider that salaries are not doubling anywhere near that fast.
Bill Clinton introduced ‘hedonics’ to the CPI - an espeically slimey practice of asserting that technological goods are far cheaper than they really are because they have more juice in them. And then, such staples as food and energy are missing from the CPI entirely. But then perhaps I’m the only one who thinks the price of food and energy makes much of a difference. The CPI sure doesn’t think they matter.
The ‘bottom line’ (as you put it) is actually that the CPI is a fraud. It doesn’t measure the rise in prices. How could it? Not everything gets surveyed, so all the CPI could possibly be is a number that our government WANTS us to think is the rate at which prices are rising.
And that’s what’s so funny. As I showed you, all it takes for anyone to see that the CPI doesn’t measure ‘inflation’ is to look in the dictionary and see what its definition is! But people don’t do that. (Perhaps Suze Orman does. You obviously don’t.)
Meanwhile, the government continues to print money from nothing like there’s no tomorrow and claim that inflation is low. Actual ‘inflation’ is running about 11 percent, a figure which is EASILY verified and which stands to grow larger and larger in the coming years.
When that 11 percent figure translates into increased prices… which it eventually will in its entirety though it could take years… it will force prices up at the ghastly rate of 100% every 6.5 years. Fortunately for us all, the ‘basket of goods’ which makes up the CPI will by then have shifted from T-bones and cashmere to cat food and burlap so most people will stay calm. That’s the most important thing when disseminating this rubbish, teach. Ya gotta keep the sheep happy.
April 8th, 2007 at 9:06 pm
Yes, you should follow her advice.
April 8th, 2007 at 9:09 pm
I’ve had a moment of inspiration, all though I doubt it will work. I’ll put this in terms you can understand:
sweat equity(job)+cashflow(money from job)=lower liabilities(debt).
April 8th, 2007 at 9:23 pm
Why haven’t you tried to buy any more properties or flip anything? You need to do this so as to keep people interested. I think you should try to flip a 100 unit apt complex in the OC using none of your own cash. Thats what you went to expensive exclusive school to learn to do right? If you can’t do that, at least try to flip a mobile home.
#54 you make a very good point but neither Casey or #180 will ever understand what you are talking about.
Its all good, guys.
April 8th, 2007 at 9:44 pm
casey doesn’t do what he learns
donald trump- wharton business school of finance
robert kiyosaki- college
kim kiyosaki-college marketing degree
casey- no college
April 8th, 2007 at 9:46 pm
I couldn’t watch the show. What did Suze Orman say? How did Casey respond to it?
April 8th, 2007 at 9:50 pm
Brian T.:
I think the word is spelled “loser” not “looser”. “Looser” would mean “more loose”.
brian T worte an entire paragraph wasting his time about public schools and how hes proud he went to a private school and knows how to spell. hes dumb!!!
April 8th, 2007 at 11:03 pm
@sitemeter
April just began … try multiplying by 3.
Nevertheless, I still think it’s over. Begging for money is begging for money.
April 8th, 2007 at 11:44 pm
Anyone got a link to the Suze Orman show that featured Casey?
Thanks in advance.
April 9th, 2007 at 2:30 am
I saw you. I’m really disappointed in Suzie. She lost a lot of credibility in my eyes by letting you off so easy. You don’t seem to be very intelligent and you do have good reason to pursue the short sales.
I would hope that by telling you to do what you had to take care of your family, she meant get a job, not pursue more hairbrained schemes.
April 9th, 2007 at 6:50 am
Minnie Driver in Good Will Hunting: “My brain is worth 250,000″
After hearing this right after his last foreclosure and can no longer claim title to any asset above his car: Casey: “Er, my brain must be worth 2.2 million since it can accumilate those assets.”
Casey, that challenege for making 8k a month if somebody matches it? Selling your car to a straw buyer does not count or to anyone with the last name of Serin, I think that person was thinking of profit and ‘new’ unemcumbered funds…
Maybe instead of a foreclosure site you can make a site telling people how to scam half a mil out of the credit companies… A lot of new mexican citizens wanting to go back home will gladly give you some. I read of this guy in NY doing it with corp credit, only thing is you have to give him 5k up front and 14k of the 40k of credit…
April 9th, 2007 at 7:26 am
“As part of the challenge I’m prepared to EARN $8K legally and fairly 30 days from the time we start the challenge.”
-And you can’t save Modesto? Casey, you’re seriously exposing yourself as a fraud.
April 9th, 2007 at 7:41 am
Here is how you qualify to get on Suze’s show, or even Rich Dad’s:
1. You admit that you are no good with money.
That is a heck of a qualification to become a customer, don’t ya think?
No wonder people think that she is a genius. What an excellent business plan. Open up you wallets now!
184. wealthyboomer
April 8th, 2007 at 1:22 pm EVERYONE is talking about CASEY:
http://tinyurl.com/2tk3ff
185. I Love L*******
April 8th, 2007 at 1:32 pm I went to something where Orman talked and she gave wrong advice.
She said that you could buy your PMI outrightly. PMI is Mortgage Insurance you have to pay if you don’t have 80 LTV. I asked numerous Lenders this and they don’t know what the hell she is talking about.
That is why people are doing 80/20 or 80/10 or 80 /15 loans. If this PMI buyout was possible, then people would be doing 90% 1st mortgage loans with a buyout instead of 80/10.
This woman is a kook.
The only thing she has is first mover advantage.
SHe is the first l****** to give financial advice.
186. soulpatch
April 8th, 2007 at 1:53 pm “I’m prepared to EARN $8K legally and fairly 30 days from the time we start the challenge.”
How?
187. GameOver
April 8th, 2007 at 2:28 pm “Are you serious? To the person who said he will match me if I make $8K in a month… If we can find a way to hold you to it I would take you on for this challenge! I’m not talking about borrowing more money either. As part of the challenge I’m prepared to EARN $8K legally and fairly 30 days from the time we start the challenge.”
And if you fail (not foward, mind you) and do not make $8000 what is in it for me? I know you like to set up win-win deals…How about you sign over all rights/ownership of this IAFF?
By the way, I like the fact that you have to make the distinction that you would earn it LEGALLY. A person with good moral fiber wouldn’t have to do that.
188. Escape Brooklyn
April 8th, 2007 at 2:43 pm I Am Facing Foreclosure? He’s a 24 year old twit who bought a bunch of properties (many in other states, site unseen) thinking he was going to make a killing by flipping them. He ended up $2.2 million in debt. Now he seems to be trying to make a killing by blogging about it,
189. Sean Burkett
April 8th, 2007 at 2:57 pm If you are a programmer as I am - I challenge you to provide samples of your work - this site is a simple WP template - not impressive - show us some examples of your programming or design.
What languages? What are your skills - lets see a resume.
ASW: manbag - wow I think I would rather carry a murse than a ‘manbag’
190. Sitemeter
April 8th, 2007 at 3:18 pm http://www.sitemeter.com/?a=st…..m&r=36
It’s over Casey.
It’s over.
191. Casey’s Job Is Foreclosure Poster Boy
April 8th, 2007 at 3:33 pm If can make money off of being on Suze’s show for 15 minutes do you really think he’s going to go out and get something full time?
No … he’s got too much of a get rich quick mentality. He wants to milk his fame for all it’s worth.
192. Casey Serin - The Positive Take
April 8th, 2007 at 5:26 pm Casey Serin. Spanning two segments, the entire interview lasted about 15 minutes. Essentially, Suze’s focus on Casey was to demonstrate someone who over leveraged themselves in real estate and she didn’t address the legal impropriety he was clearly involved with.
April 9th, 2007 at 8:29 am
Don’t get discouraged Casey, do NOT file for bankruptcy, your better then that. Stay the course and keep your buisness rolling along. If you file people will loose intreset, you will just be like any other Joe6Pack your website not be interesting and your plans to be an investor will be at an end. Don’t listen to Suze, she should be taking advice from you, after all you’re the one with the wildly popular website. The people telling you to file for BK just want to take you out of the game, don’t let them stop you.
Keep living the dream
-Roger
April 9th, 2007 at 8:40 am
Hey “I Love L*****”
So you believe lenders over my lovely Suzie Orman. You believe lenders who probably have not had too much education!! Have you been to community college and seen the standard of the people who want to be a loan officer.
You really think these guys know what they’re talking about.
Of course, they know jack. If they would go to the mgic website they would find that it is possible to buy down the PMI. Of course, not common - but its possible.
For your edification, I copy an extract below.
I would trust Suzie over your lying thieving lenders.
You have got to be so careful in the real estate industry - people lie through their false teeth.
Why dont you call back those lenders you spoke with, and ask them about the mgic website. Ask them some questions to prove they know what they are talking about.
Hey Casey - I know you are the expert in foreclosures, and real estate. What do you say. Am I talking out of my rear end or is L***** correct ?
Let us know Casey,
———————–
With MGIC’s SingleFile lender-paid MI, borrowers pay no MI premium. To cover the cost of the premium, the lender may slightly increase loan fees or the interest rate or include the cost of a single-premium MI policy in the amount financed. Generally, the interest paid by the borrower is tax-deductible.
———————–
Loads O Money
April 9th, 2007 at 9:07 am
Um, Brian, where did you get this idea?
Far be it from me to stick up for Casey, but I’d say any 23-year-old without even one year of college making $50K was doing pretty well. I’d even call it lucrative.
It’s certainly not below the poverty line. Do you really think they hand out food stamps and welfare money to 2-person households making $50,000? It may be under the median household income — or may not, I don’t know for sure — but it’s probably close.
Of course, Casey squandered that opportunity and now makes — maybe — $1,500 a month, but I doubt even that is below poverty level.
Then again, Casey could make $8,000 if only someone would match it. ***rolls eyes***
Casey, why don’t you share with us how you plan to do it, and why you’re not doing it now?
April 9th, 2007 at 9:46 am
159. DC Economist
I’m a hater. I have a w-2 job that makes substantially more than 50K. I used to give Casey good advice. He ignored it, even though he coul tell that one IP I log on with comes from the DOJ.
So why would he consider your advice “good,” just because your IP address comes from the Department of Justice?
For all he knows, you could just be a statistician or something.
April 9th, 2007 at 9:53 am
So back in december you launched the “Early riser habit to stop foreclosure.”
“Mr. Foreclosure and Mr. Debt, watch out! Successful early rising real estate investor is coming to get ya!”
\
:casey:
How’d that work out for you?
whatdebt = asm
April 9th, 2007 at 9:54 am
NIgel Swaby: “If you won’t listen to Suze, who will you listen to?”
He’ll listen to the people who tell him everything’s gonna work out, he’ll be a big success eventually, he’ll come out stronger than ever once he gets through this little set back, that all his debt will magically vaporize in a few years, he’ll be able to take out another $2 million in loans pretty soon, that setting up a dummy corporation to commit fraud with is a great idea and not illegal. that he won’t owe the IRS a dime because he’s flat broke (but NOT bankrupt!), that avoiding foreclosure on one out of six houses is a “victory” (good thing you’re not a doctor), that declaring his bankruptcy instead of pretending he’s not bankrupt is a good course of action, that a 470 credit rating is much better than a 450, that he’s entitled to live a “normal” snowboarding life despite his crimes and debts, that what he did wasn’t all that wrong since other criminals were doing it, that he was a victim of circumstances and not stupidity, that he doesn’t need a real job, that he’s teaching people how to avoid foreclosure and not how to get away with mortgage fraud, that he was blessed by the Almighty to have financially destroyed the next few years of his life (what would have been the best ones), that he could earn $8K in one month any damn time he wants, that provoking law enforcement to come after him is a smart strategy, and that anonymous flippers are still getting rich out there and us working slobs are just jealous and trying to talk you out of getting rich too.
Really, look at the comments of some of Casey’s older posts. You’ll find that he ignores the realistic comments with bad-vibes and gets excited by any comments that propose hair-brained schemes that might score Casey a few more dollars of loans.
BTW I saw Casey on Suze. He looked like a teenager who had gone out drinking the night before, smashed his dad’s Porsche into a telephone pole, and was asking Suze for a way to tell him that morning.
April 9th, 2007 at 10:20 am
I guess this appearane on Suze was what you meant when you said “Good things are just around the corner”
so…now what.
asw= success
Failing forward…
April 9th, 2007 at 10:34 am
I saw these posts on another site:
At 6:57 PM, jfarnel@fbi.us.gov said…
We are watching Casey, and what he has been saying. more to come…
J
At 7:17 PM, R-Boy said…
Farnel, I work for the DOJ, so I will email you from my DOJ account tomorrow
At 5:43 AM, R-Boy said…
You can talk to this guy : Special Agent Justin Valese , he’s heard about Serin from some very good people. Main line is 310-477-6565.
Just ask for him.
April 9th, 2007 at 11:16 am
I ran into a anti-Casey fan over the weekend and she had this to say:
“Going to his site to get advice about avoiding foreclosure is like going to the Darwin Awards site to find out how to stay alive.”
April 9th, 2007 at 11:57 am
TO 177. Florida RE & Mortgage Broker
“DONT PLAYER HATE ……
PLAYER PARTICIPATE”
this person is obviously new to the blog…LOL
April 9th, 2007 at 12:32 pm
guess CAsey got a job, no new comments all day. Or Galiana finally flipped out when she realized that his 15 min appearance on Suze was “the good things coming soon” part and parcel.
she probably beat him about his blonde locks with a stack of unpaid bills.
April 9th, 2007 at 1:12 pm
If nothing else, this blog should be credited in the Guiness Book of World Records, as the largest and longest intervention, involving a single individual, in the history of mankind.
April 9th, 2007 at 3:46 pm
Dude, did you show her your man bag?
April 9th, 2007 at 4:08 pm
-65. Zzzzzzzzzzzzzzzz
Your too late, Casey arleady robbed a couple of banks using a pen to the tune of $2.2 million.
Keep the faith Casey your ship will come in you just have to hang in there and keep doing what ever it is your are doing. Don’t file for BK what ever you do, don’t let the dream die!
Keep Living the Dream!
-Roger
April 9th, 2007 at 4:43 pm
http://www.iamfacingbankruptcy.com/
i already got this one?
once you loose all your houses, you will be need this domain.
April 9th, 2007 at 6:56 pm
The Guy Next Door,
You actually have less of an understanding of economics than Casey.
Of course the CPI basket changes. It changes to reflect those goods that represent the most recent shopping habits of consumers. They teach you that in econ 101, which you obviously didn’t take.
Housing prices have gone up, and so has the equity of home owners. It’s not a metric for inflationary measurement, according to any economist.
April 9th, 2007 at 7:03 pm
@12:
Wheatgrass and Vodka shots?
The Lawnmower! Ron Howard’s favorite drink!
April 9th, 2007 at 7:57 pm
@ 213 someone
In Casey’s world, the correct spelling is LOOSER
and don’t you forget it!
April 9th, 2007 at 9:01 pm
204. Fliptard_Patrol
Love the name…
April 9th, 2007 at 9:27 pm
Why is moderation turned off for this post, but not the newest post?
April 9th, 2007 at 9:43 pm
Where is the Suze Orman Video?
April 9th, 2007 at 9:49 pm
I think the word is spelled “loser” not “looser”. “Looser” would mean “more loose”.
You might think that, but in doing so you’ve just revealed to the world that you’re an IAFF virgin.
Try lurking for a bit and picking up on the in-jokes before sounding off.
April 9th, 2007 at 9:51 pm
suze lost all credibility when she did ads for GM telling viewers to finance new cars
April 10th, 2007 at 2:43 am
#207 Guy Next Door:
I find your comments very interesting - it appears (although I do not know for sure) that you know what you’re talking about.
I’m no economist, but I question your logic of including “house prices” in any inflation index. I could understand that logic if a MAJORITY of borrowers used variable rate mortgage products. But my understanding is that in the US most mortgages are long-term fixed rate products (that may have changed … I haven’t lived in the US for about 10 years now). That means, mortgage payments don’t change regardless of the change in house values.
Am I missing something here?
SN
April 10th, 2007 at 7:41 am
The guy next door,
As webster points out below there are two primary definitions of inflation.
Definition: Inflation is an increase in the price of a basket of goods and services that is representative of the economy as a whole.
Terms related to Inflation:
A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services.
An increase in prices, also reflected as a decrease in purchasing power, the rate of which is measured by the Consumer Price Index (CPI).
The American Heritage® Dictionary of the English Language: Fourth Edition. 2000.
inflation
NOUN: A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services.
————–
WHAT IS THE REAL DEFINITION OF INFLATION?
Webster’s 1983 Definition of Inflation
According to Webster’s New Universal Unabridged Dictionary published in 1983 the second definition of “inflation” after “the act of inflating or the condition of being inflated” is:
“An increase in the amount of currency in circulation, resulting in a relatively sharp and sudden fall in its value and rise in prices: it may be caused by an increase in the volume of paper money issued or of gold mined, or a relative increase in expenditures as when the supply of goods fails to meet the demand.
This definition includes some of the basic economics of inflation and would seem to indicate that inflation is not defined as the increase in prices but as the increase in the supply of money that causes the increase in prices i.e. inflation is a cause rather than an effect.
Webster’s 2000 Definition of Inflation
However, The American Heritage® Dictionary of the English Language, Fourth Edition, Copyright © 2000 Published by Houghton Mifflin Company says:
Inflation:
2) A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services.
In this definition, inflation would appear to be the consequence or result (rising prices) rather than the cause.
Shifty Words
So between 1983 and 2000 the definition appears to have shifted from the cause to the result. Also note that the cause could be either an increase in money supply or a decrease in available goods and services.
Other Definitions
Webster’s Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc., Relegates Price Inflation to number 3. and says:
Undue expansion or increase, from overissue; — said of currency. [U.S.]
WordNet ® 1.6, © 1997 Princeton University, has a witty definition that says:
inflation 1: a general and progressive increase in prices; “in inflation everything gets more valuable except money” [syn: rising prices] [ant: deflation, disinflation]
According to investorwords.com
The overall general upward price movement of goods and services in an economy, usually as measured by the Consumer Price Index and the Producer Price Index; opposite of deflation.
From this page we can see that even Dictionaries don’t agree on the definition of inflation and economists continue to argue over its primary cause. Although it is generally agreed that economic inflation may be caused by either an increase in the money supply or a decrease in the quantity of goods.
Therefore it should be equally obvious that falling prices will result from a decrease in the money supply or a rapid increase in the quantity of available goods. Recent years have seen a virtual explosion of inexpensive goods produced in China and other former Communist Countries. So it is no wonder that we in the United States see falling prices rather than the effects of inflating the money supply in our economy.
—————–
Main Entry: in•fla•tion
Pronunciation: in-’flA-sh&n
Function: noun
a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services
April 10th, 2007 at 12:07 pm
Casey,
Buy more houses please. You are down to only one or two. That’s not enough to create passive income. You must buy more.
Glib
April 10th, 2007 at 3:08 pm
251. Soup Nazi
I’m no economist, but I question your logic of including “house prices” in any inflation index. I could understand that logic if a MAJORITY of borrowers used variable rate mortgage products. But my understanding is that in the US most mortgages are long-term fixed rate products (that may have changed … I haven’t lived in the US for about 10 years now). That means, mortgage payments don’t change regardless of the change in house values.
Am I missing something here?
Yes you are. What’s relevant is the price you pay today. If I buy a banana and it costs a lot more than it did last week, that could mean inflation (though not always). It does not matter whether I pay for that banana in cash right now or whether I finance it for 30 years at a fixed rate.
April 10th, 2007 at 4:27 pm
The question we need to ask is whether or not they give you a W-2 for making license plates in prison.
April 10th, 2007 at 5:30 pm
hair on fire, but then I just chuckle and try to not get too worked up about it. Nothing like this is worth damaging my health after all.
If you want to read the post and all of the juicy comments (this guy gets major comments) check it out here. www.iamfacingforeclosure.com/1.....rman-show/
April 10th, 2007 at 6:11 pm
So where is the video?
April 11th, 2007 at 5:59 am
to teacher, meg and everyone else who claims there is no inflation - not sure where have you lived these years….may be in the MOON, otherwise you would see the dollar doesnt buy you what it used to….dahhhhh
“inflation is a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services.”
and excuse me…TEACHER…this is your high point in all your “arguments” ?
1. dont you see the continuing rise in price in everything…dont know where to start…from college tuition, to insurance, doctors, even now fuel and groceries ?
2. do you know the Fed starting last march is not publishing M3 money supply ? and you know what was the excuse for that - probably you dont - well….here it is TEACHER…to save on the cost of paper to publish the report ???? get it ??
do you know how much the dollar has devalued compare to gold in the last five years (since Suzy Orman told you about inflation) ? try 300%…
in 1999, Gordon Brown (another genius claiming to know what he is doing) sold most of Englands gold at $250…you know what is the price of gold today ? almost $700…
Casey - you might be right on gold and silver…but be careful with penny stocks…better…stay out of it…Let me tell you something to compare: You would think if you invested in computer companies in 80s you would be millioner today right ? wrong - out of 20 companies only two survived everyone else went bk…
April 11th, 2007 at 9:04 pm
Video of the show please.
April 12th, 2007 at 8:26 am
Realist,
I see your point, but cars are cheaper, computers are cheaper, all electronics are cheaper, TV prices have plummeted.
April 15th, 2007 at 7:53 am
“2. do you know the Fed starting last march is not publishing M3 money supply ? and you know what was the excuse for that - probably you dont - well….here it is TEACHER…to save on the cost of paper to publish the report ?”
Realist,
That’s interesting. Are they not publishing it electronically either?
May 28th, 2007 at 1:53 am
. I must confess that I often start and end my day reading his blog and/or Exurban Nation a so called “Haterz” site. I don’t participate on either blog but I cannot seem to look away. Casey’s story has gotten considerable national press: CNET, MSN, Suze Orman and even the Economist. In a nutshell, this young man was able to get many stated income mortgages on a variety of homes around the country all while unemployed. Most of these homes came with cash back at closing. Given the housing slow down, it should