Join me on the next Foreclosure Fridays Live (June 29th) to discuss my trip, Foreclosure Book, etc! Start at 5PM PST (10AM Saturday in Australia).

Australia and Idiot Haterz

Yes, I’m here in Australia. The rumors are true. But a lot of people are slanting the story to make it seem worse than it is. These people are spreading crap about me to ruin anything left of my name and ruining the reputation of everybody who is associated with me. No, I did not […]

From the “Publisher” of Casey’s Foreclosure Book…

[Begin guest post from the “Publisher”] Warning: this will be a lengthy post, but will answer many questions people are dying to know. In light of Casey shutting down his blog, turning it back on, his last several posts and people’s comments, the need for many clarifications are apparent. Casey had asked me to create […]

From the “Publisher” of Casey’s Foreclosure Book…

[Begin guest post from the “Publisher”] Warning: this will be a lengthy post, but will answer many questions people are dying to know. In light of Casey shutting down his blog, turning it back on, his last several posts and people’s comments, the need for many clarifications are apparent. Casey had asked me to create […]

From the “Publisher” of Casey’s Foreclosure Book…

[Begin guest post from the “Publisher”] Warning: this will be a lengthy post, but will answer many questions people are dying to know. In light of Casey shutting down his blog, turning it back on, his last several posts and people’s comments, the need for many clarifications are apparent. Casey had asked me to create […]

From the “Publisher” of Casey’s Foreclosure Book…

[Begin guest post from the “Publisher”] Warning: this will be a lengthy post, but will answer many questions people are dying to know. In light of Casey shutting down his blog, turning it back on, his last several posts and people’s comments, the need for many clarifications are apparent. Casey had asked me to create […]

From the “Publisher” of Casey’s Foreclosure Book…

[Begin guest post from the “Publisher”] Warning: this will be a lengthy post, but will answer many questions people are dying to know. In light of Casey shutting down his blog, turning it back on, his last several posts and people’s comments, the need for many clarifications are apparent. Casey had asked me to create […]

Why I am Facing Foreclosure

What happened? Why am I facing foreclosure? Basically, I bit off more than I could chew. Here is the story. I started investing in October 2005 and went full-time in January of this year (2006). This is after going to numerous real estate investing seminars, reading books and learning from other investors for the past […]

Facing Foreclosure – Activity Log

I’ve been trying to “take care of priorities” for the last 24 hours. Here is a log I kept on my notepad as I was working (this is a quick-n-dirty post, please pardon the grammar / spelling) Monday (yesterday) woke up late because I was up late last night responding to emails, installing a plug-in […]

Holiday Pictures

Sorry for slow updates… here are some pictures from last few days. Presents with the Mrs. Our 3rd Christmas together. Getting Things Done Book Sweet! I’ve been wanting to read this for a long time… wait a minute… is she trying to tell me something? Stockings at my Parents’ place Our traditional Christmas Eve gift […]

Avoiding Foreclosure via Short Sale and/or For Sale by Owner

A quick update on my California properties. Burdett… I hired my realtor to do the short sale on Burdett property because she has been doing such a great job with Larchmont. If you remember, I already have a verbal approval from the lender to short sale at 248. An investor who I was working with […]

Hard Money Lender Approved Deed in Lieu of Foreclosure

I’ve been in contact with the hard money lender for my Dallas property. I told him I have this buyer from New York City but he is taking a while to close. We have escrow open but I still don’t have a closing date from him! The auction is coming up on November 7th so […]

Utah Property Staged and Wrapped!

I’m happy to announce the Highland Utah property closed yesterday. It would not have been possible without the help of my awesome agents Harvey and Robyn and Christoffersen. First, they took a chance on me and partially fixed up the property at their own expense. Then they helped bring a buyer at $399,900 subject to […]

Hardship Letter and Short Sale

Here is my hardship letter that I wrote for asking the bank to allow a short sale on several of my upside-down properties like Larchmont and Burdett in Sacramento, and Guadalajara in New Mexico. [See my updated hardship letter] What is a “Short Sale”? Sam Chapman a real estate agent from Austin puts it nicely […]

Top 5 Advice They Say I Have Been Ignoring

Thanks to “Andrew from Canada” for putting together a master list of Top 5 Pieces of Advice I Have Been Ignoring. There are more than 5 but its all good – I will address all of them. My responses are in BOLD. [Andrew from Canada:] I know people have been asking for to address the […]

Negotiating CashCall, Credit Cards and Other Lenders?

Below is the transcript from my CashCall call – one of my unsecured lenders. It’s roughly a $10,000 loan which was taken out about a year ago to pay for Burdett property repairs. Also, if you look at my financial statement spreadsheet you will see I have $175,000 of unsecured debt (lines of credit, credit […]