A Special Message (and Interpretation) To Galina Serin From Casey Serin

Yes, I sometimes
feel held back
by marriage.
\

Well, ok, I think he means get off your ass and bring home some bacon (or at least a 7 year, 2 year degree). Me, I say get on that trampoline with that Century 21 jacket.

Poster Boys?

When the bubble is popped (sorry Nigel!) and no one is talking about Real Estate as an investment anymore, what will we remember most? The crazy nutjob fliptards and their sketchy mortgage broking friends and all their hare-brained schemes?

Casey Serin, Man of No Action

I need to, I must focus, I will, I need to, I must focus, I will, I need to, I must focus, I will, I need to, I must focus, I will, I need to, I must focus, I will, I need to, I must focus, I will, I need to, I must focus, I will, I need to, I must focus, I will, I need to, I must focus, I will, I need to, I must focus, I will, I am looking, learn a whole new set of skills, I have plenty of opportunities to solve my cashflow problems.

The only thing that will bring you cash in the near future is getting Trampolina to agree to that lingere show. I'd go $50 for topless, i'm sure many more would too.

This latest post is borderline bizzare. Going to need some time to figure out this mess. Some inital gems:

Yes, I sometimes feel held back by marriage.

HELD BACK FROM WHAT? Casey my boy, if there ever were soulmates in this world it was you and Galina "6 more years" Serin. You two were made for each other. A nice couple that can at least pose well in front of the camera. Her with her Lil' Scammer brand clipboard, and you with your near-perfected depression pose.

Casey, you will never be successful. You spend hours researching a horribly confusing post about living in a car to conclude you'll never do it. I'm glad that you're not actually recommending the book (but I suspect you never READ your Real Estate Education books either, because it might actually be worth reading.

Nothing much to rant about, this is just one of Casey's dumbest posts.

Foreclosure Avoiders Changed My Life i'm coming for you, read all about FA at Foreclosure Avoiders Ruined My Life.

*** UPDATE *** Casey starting to censor his non-honest posts, this one was deleted. ZZZZZZZZZZZZZZZ....

Breaking News

Breaking News: Foreclosure Avoiders Ruined My Life is Back and "Utterly Disgusted"

Nod to Akubi for this hot tip. You can read more about the TRUE Foreclosure Avoiders story here. It's a tear jerker.

Nigel 13000! Whee.

Nigel Swaby, the Axe-Man, takes a break from cutting deals with Casey Serin, building new businesses (on free blog sites), partying with bobsled teams. The blogcation has really paid off and Nigel is ready to dive into some deep economic commentary... uh, bolsterd by a syndicated horoscope column.

Master of the obvious, who brought us such great insight as "My point is this is mostly algae caused by the sun," is at it again this time trying to tackle Haterz, housing bears and people with some actual insight on economics.

I believe Wall Street is beginning to wise up to the screamingly negative headlines too. Yesterday was a great example. Early in the morning, March GDP numbers were released. While there was growth, the numbers didn't hit estimates. After reaching a new record Thursday, the stock market had barely budged.

Dow 13k certainly is a pretty number, but while it's a nice psychological barrier you need to keep in mind that increasingly what is good on Wall Street isn't good for Main Street. The weak dollar affects both worlds very differently. A weaker dollar helps companies be more competitive in the global marketplace, I read somewhere that most companies that have reported earnings recently (something like 70-80%) said that the current currency situation has been beneficial to the bottom line. Good for them. But in other deeper analysis we also learn that there is some serious inflation going on in parts of our economy. Gas, milk isn't getting cheaper. What someone could buy for $1500 in 2000 is costs over $1700 now.

Finally, as the Dow continues to grow, keep in mind the percentage growth to cross these psychological growth gets to be less as it grows.

Full disclosure, unlike Nigel, I know i'm an idiot. So if any of this is off, post it in a comment, maybe i'm totally off mark here as well. I am not a doom and gloomer, I don't have a closet full of gold anywhere, I have a nice 401k and hope it doesn't disappear. I don't want another Great Depression. I am indeed a (temporary?) housing bear, I wanted to buy a house this year but when I started researching on what that really involves (yeah I know, it's silly to educate yourself before diving headfirst into something, right Casey?). I was a bit stunned how "values" in an already expensive area had grown almost 100% in about 5 years. I make a nice living and should be able to buy something decent, but what is now in my range historically are what I consider dumps. Thankfully my rental house costs me about 1/2 to almost a 1/3 of what houses in my neighborhood would cost via mortgages. So I will continue to wait.

What I know is the past few years of "wealth growth" in this country was nothing more than what is a part of Casey's story, borrowing in order to get what you want today. Through sketchy mortgages and HELOCS, I think the consumer has shot it's credit wad for the foreseeable future.

From a BusinessWeek article, via MSNBC:

What worries you the most?

I think the consumer will get stung by the real estate market as it continues to devolve. I think that the consumer is already getting stung by higher energy prices. The U.S. savings rate is negative.

With $1 trillion in ARMs [adjustable-rate mortgages] adjusting this year, and people spending more to heat and cool their homes and to drive and on groceries, these people are going to get pinched. The consumer is two-thirds of the economy, and it's tough to see the economy going ahead with two-thirds of it stalled. I think that the housing correction will extend and move lower than people think. This kind of trend always goes longer and deeper than anyone expects.

Rent: The Comedy

Oh and and on top of that we owe 2 months of rent and utilities and the patience has run out. We are expected to have that money in certified form by May 1st and also pre-pay 2 months of rent in advance if we are to stay here.

Cry-me-a-river-Casey, whining about back-rent due to his family. Casey Serin needs to step back and grow up quickly and be a little honest about things.

Entrepreneur friend-o-mine, let me tell you this gently.

YOU'VE F'ING RENTED YOUR ENTIRE LIFE FOR THE PAST 2+ YEARS. YOU HAVE NO MARKETABLE SKILL, YOU BORROWED MILLIONS OF DOLLARS TO FEEL LIKE YOU WERE SOME SORT OF SUAVE BIG SHOT. YOU HAVE CONTRIBUTED ABSOLUTELY ZERO TO SOCIETY, SAVE FOR YOUR ATTEMPTS AT HOME-OWNERSHIP, WHICH SEEMS TO HAVE A NEGATIVE EFFECT ON THE PROPERTY AFTER YOU AND YOUR LAZY WIFE NAP AND DO NOTHING.

I hope you have enjoyed it a little, because you will not be enjoying hawaiian vacations for a long time. For the love of god stop trying to fool us and others. All you do is dig yourself in deeper as illustrated by another admission of law-bending by driving around without insurance.

I'm sure Nigel.. i mean the guy at the anti-dawg site will lambast you just as much for putting people's lives in danger.

I hope it's very illegal to drive without insurance in CA and I hope someone out there turns you in to stop you from harming yourself and others further.

No Houses, No Money, No Stereo, No Clue

Well, our punishment is over. Casey's back again still trying to sell this new humility angle.

Today I lost my last property to foreclosure.

Everyone, repeat after me... "It was never your property."

I would have just created a bigger mess if I tried it myself.

Like how you've tried the past 4 months to monetize your lie of a story.

...about a thousand emails in my inbox to process, over 30 voice mail messages to return, a pile of unopened mail, unfinished taxes, marriage issues, piles of unsecured debt.

Casey, most of us hard-working Americans who put in our 9-5, or more, sometimes have to deal with 30 voice mail messages and other grueling tasks like answering e-mails and opening those possibly Anthrax-laden pieces of mail (hey, have to justify what's tough about opening the f'ing mail don't you, at least try something more creative).

At the same time there are many good opportunities on the horizon, including a possible job, but nothing is certain right now and everything takes longer then you think.

Most people who have even a modest amount of success or stability in their life KNOW things take longer than we all would want, you are seriously one stupid fuck for trying to pass yourself off as insightful.

Casey, there aren't any REAL opportunities coming your way. This will be echoed over and over to you. At this point in your life you need to give up your aspirations of get-rich-quick and try to salvage the next 10 years of your life by getting off your scamming ass and get a job, whatever it is.

Real business people, investors and other smart folks who make real money do their legwork and actually look into the history of the people they do business with. The sweet opportunities you've tried the past few months are nothing more than bottom-feeding scammers like yourself. Real-estate gurus, wanna be fix-n-flippers do nothing but feed off each other. Until the past 7 or so years, that's been relatively small, dumb community. The floodgates were open, just like in the .com days, and everyone had access to money. Fundamentally nothing changed to justify the housing bubble you were the last person to enter (you know, the guy who was left standing when the music stopped).

Your name, reputation and possibilities are beyond tarnished and will live on indefinitely on the internet. Remember your stupid-ass attempt at mail fraud ( $$FAST-N-EASEY CASH$$ NO risk, NOT a scam!!)? That's still around for everyone who does a check on you to see. You have had your 15 minutes of fame being featured on the tv and articles, but that's your downfall in this get rich quick mentality you can't seem to get over. Once googled, your true self is going to be presented to them. 30 minutes later you are no longer the "victim" in anyone's mind, your history can't be rewritten.

Right now you have two choices: Monetize Trampolinia in the last few moments of your time together. Many people would pay $39 to watch her version of the Dancing Money Show on the Trampoline. But she's gonna be gone soon, someone who takes 6 years+ to not ever get a 2-year degree doesn't really seem like a self-starter to begin with. Second choice? Shut down that blog, delete everything about it and your "opportunities" and try to rebuild something that resembles a life in the next 10 years.