April 27th, 2007 3:20 pm
Last Foreclosure… No Houses, No Money, No Stereo
Today I lost my last property to foreclosure. The worst part is that BOTH the first and second approved the short sale but the first (Countrywide) refused to give the buyer a small extension to close. They had a solid offer for $300,000 on the table!
The pool and spa is still a mess as you can see above. I was going to try to empty it out with a cheap rented pump the other day to give the new buyers and neighbors a favor but the job was too much for me to handle. The pool needs to be professionally drained and cleaned. I would have just created a bigger mess if I tried it myself…
I don’t know the result of the foreclosure auction because I didn’t make it there. Our (bitter) sweet Jetta got broken into at night. They broke the passenger window, ripped out the stereo and took the box of 12 inch subwoofers from the trunk.
On top of that our auto insurance was canceled due to non-payment.
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.
No properties, no money, no insurance and no car stereo (and could be no more place to live soon too).
Still overwhelmed by it all with 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.
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. Can’t depend on any one thing.
It was good to take a week break from blogging though and think about stuff, including the future of this foreclosure blog.
What’s next? Good question…
405 Comments
April 27th, 2007 at 3:26 pm
Welcome to reality. It took a long time, but the penny’s starting to drop.
April 27th, 2007 at 3:26 pm
Welcome back! You can run, but you can’t hide.
April 27th, 2007 at 3:26 pm
Remember the movie trading places when Dan Aykroid whering a Santa suit ask the pawnshop owner “how much for the gun.”
That’s gotta be you. Maybe you can trade your purse…oops…I mean your manbag for it.
April 27th, 2007 at 3:28 pm
who owns the Jetta purse boy?
April 27th, 2007 at 3:31 pm
“What’s next?” Is not a good question. “What now?” Is the only question.
The instructions are online and Sacto has some fine junkyards. I’m not sure but $20-$30 ought to get a new window. Two hours tops. Oh wait, you don’t have the skills or desire to aquire them or the tools or the resources to aquire them or the $40 for that matter.
Best just treat yourself at the Grille for a job well considered.
Oh, and you still own the Utah house as far as the bank knows so all is not lost.
April 27th, 2007 at 3:34 pm
Bummer.
Just in case
April 27th, 2007 at 3:37 pm
O.k. the houses are gone. So be it.
Find out immediately what needs to be done about declaring bankruptcy and begin this procedure.
Forget the homes.
Let the banks worry about them now.
April 27th, 2007 at 3:38 pm
Don’t forget the valid liability insurance before you drive ANYONE’S car, for the good of everyone in your path!
You sure don’t need more issues.
April 27th, 2007 at 3:39 pm
What’s next?
Eviction, seperation, indictment on fraud, divorce, fraud trial, incarceration.
Not too hard to figure out.
April 27th, 2007 at 3:40 pm
Maybe call the losers who helped you get into this mess and ask for a job selling real estate courses.
Carlton Sheets, Donald Trump, that Rich Dad Poor Dad dude?
Marriage issues? What marriage issues?
April 27th, 2007 at 3:40 pm
Nice post. Welcome back.
But you forgot to add “…but it’s all good!”
thhpptt!!
S_t_C
April 27th, 2007 at 3:41 pm
well Casey id hate to say it ..but the end is nigh ….just hope you can escape this easily and manage not to be done for fraud or anything ..and if you manage to escape …for the lie of me boy…change you ways …its ok to say you frugged up…at least then its an admission to yourself ..dont worry about what others think but do worry about what your own conscience says - i know its tough ..ive been in similar sits when i was younger ..just be honest and at the same time be kind to yourself..when its all said and done ..we are our only true friends
April 27th, 2007 at 3:41 pm
GET A JOB!!!!
Everything else will take care of itself.
April 27th, 2007 at 3:45 pm
What’s next? Pick up the pieces and just start over.
It will take some time and it won’t be easy.
I’ve got to hand it to you Casey, you sure gave it a hard and fast go of it.
Good Luck
April 27th, 2007 at 3:46 pm
I’m not saying this to be an obnoxious a**, but this is really what you need. You need to hit bottom and give up on the great things on the horizon. You’ve been sitting around waiting for one of the great things to save you since September. Take charge of your life, get a steady paycheck, file BK, take your lumps, and start the recovery process. Yulia put you up for three months. That’s going above and beyond standard in-law tolerance. In hindsight, don’t you think buying new IKEA shelves while you owed her rent probably pissed her off royally? You need to quit burning bridges and take care of your responsibilities.
I imagine you’re probably going to be couch surfing or going back to your parents’ house pretty soon. I’ve put up a lot of my deadbeat friends over the years, so here are some rules of thumb on how long you can stay before you wear out your welcome. A month is the absolute tops you can expect to stay at a friend’s house for free. If they have ever put you up before or helped you out, it’s going to be much less. As an example, the guy who loaned you the car before the Jetta probably will get aggravated much faster. If you want to maximize the time they will put up with you, you need to provide some value. Wash all of the dishes, clean their bathroom, cut the grass, whatever. You have to earn your keep.
April 27th, 2007 at 3:47 pm
We’re not haterz, we’re just watching the train roll by, yelling at you to pull the brake:
I started out just surprised that someone managed to get so badly in debt without a plan, then became engrossed in watching the trainwreck. Not just any ordinary train wreck, mind you. No, Casey has managed to set up conditions that are well beyond a normal train wreck. It’s all in the details, too, and that’s how I became a Haterz(tm).
Going through his blog week by week I found that Casey has managed to assemble a frightening collection of rolling stock. What’s in this freight car? Oh, a bunch of cases of dynamite. And in this one? Some kegs of gunpowder. Another is full of matches. We find the latest is now filled with tons of rotten, spoiled food because, D’oh! Snowflake forgot to turn on power to the refrigeration car.
Robert Kiyosaki watches the train roll by, gathering speed, since it’s on a downhill. How steep? Oh anywhere from 8% to 14% slope, it seems. RK points and laughs. “Kid, you are *so* screwed” he yells.
Casey’s in the engineer’s cabin, staring at a big lever labelled “BRAKE”. Does he pull it? No. He pulls some other lever that’s unlabeled. He thinks about pulling the brake lever, but PrLinkBiz flashes her thong. Casey’s distracted and forgets about the brake lever.
Tim from MBA calls on the radio, trying to coach Casey into at least slowing the train down. Tim describes to Casey what a brake lever looks like and how to use it. Casey smiles and nods in that way people do when they don’t speak the language, hangs up, and decides to eat some vegetarian shrimp.
Casey thinks again about trying to find the brake lever. Nobody flashes their thong. Casey’s distracted and forgets the brake lever.
Casey pulls on some things that don’t even remotely look like levers, becomes distracted, sets the alarm for 5:30, and goes to sleep so he can be well-rested for pulling on everything but that brake lever the next day.
Casey sees Homeless Bob hop on his train. Homeless Bob starts throwing sticks of dynamite out the door. Casey notices, thinks about shaking his fist in rage at Homeless Bob, then decides taking a nap is a wiser course of action.
People lined up along the route are yelling at Casey to pull the brake lever. “It’s the one with B-R-A-K-E written above it!”. “Spelling’s for loosers, I’m an ideas man”, Casey yells back.
Casey watches the couplings pop and the freight cars behind him go lose(tm). All Casey can think of is how sweet it would be to add 200 more freight cars to his train.
Casey puts out a sign advertising “Become a Locomotive Engineer! $39 Training Course”.
Nigel flashes his thong (leopard print, did someone say?). Casey’s distracted and forgets that he’s on a train.
Finally, the train approaches a curve. The locomotive is going too fast and jumps the rails, with Casey merely holding onto his blue ball in the hope that it will cushion the blow. Before the locomotive and Casey have a chance to slide to a stop, the freight cars that had all popped lose(tm) come flying around the corner, each jumping the rails and hitting Casey from behind (I’m too lazy to work in any jail metaphors here - y’all can think them on your own). All these hits have pushed Casey towards a cliff.
One final freight car is jumping the rails. It’s full of about 15 million pennies. They’re heavier than ordinary pennies because they’re dirty. Lots o’ momentum here, enough to push Casey over the cliff.
Down below? A river. Is this the end? Naaah, this trainwreck has so much more to play out. There’s a barge that Casey might land on. Not any ordinary barge, though. This one’s engulfed in flames. Steering wheel’s broken. A few hundred yards downstream? A waterfall. Sharp pointy rocks below, piranha in heat swimming around. There’s also a plane with CashCall written on the side that hovering around. Seems the engine’s stalled and it’s starting to plummet, aimed right at our “hero”. It just goes on and on.
Come all you Haterz(tm) if you want to hear
A story ’bout a flipper with no fear,
Casey Serin was the investor’s name
“Twas in the Central Valley that he won his fame.
Casey Serin, he wanted passive income.
Casey Serin, chugging wheatgrass shots with glee.
Casey Serin, how can he be so dumb?
Thinking that no work will bring him money for free.
April 27th, 2007 at 3:47 pm
where are you going to live if you get evicted? the haterz who suggested you move into one of your properties and BK may have been onto something.
also, please give us details about the corporation. What state are you incorporated in? Are you the sole shareholder? Is there a board? If so, who is on it?
April 27th, 2007 at 3:50 pm
So the pool isnt cleaned, you have been forclosed on 1000 times, your VW was broken into
SWEET SUCCESS
April 27th, 2007 at 3:52 pm
It’s Friday afternoon. Get cracking and start listing your stuff on Craigslist. It costs you nothing to list items and the weather is supposed to be good this weekend; you should be able to raise some hard cash fast.
Sell the office furnishings, sell the new IKEA file cabinets, sell any software you legally own, sell one of the laptops, sell the CD burning equipment, and anything else of yours that has value.
This is the best advice you’ve had all day. You’re gonna lose it anyway if you don’t sell it (I’m guessing it’s only a matter of time before CashCall’s collections department comes a-callin’), so what are you waiting for?
April 27th, 2007 at 3:53 pm
1) In the state of California if your insurance gets cancelled, so does your car registration. This was a new law passed on October of 2006. I know from friends that they really don’t screw around with that. Get some basic 30.00 a month insurance fast. Or go to carmax, sell the POS Jetta and take the bus.
2) What about your parents? Can’t you live with them?
April 27th, 2007 at 3:54 pm
Get a job now please before it’s too late.
Here are some things to help out while you are homeless:
http://www.dhaweb.saccounty.net/Homeless/
http://www.communitycouncil.or.....elters.pdf
http://www.hud.gov/local/ca/ho.....helter.cfm
Forget the cell phone.
Go for a cheaper route.
Maybe free wireless phone with your OWN PHONE NUMBER!:
http://www.aimphoneline.com/
(You need a headset though)
Live on ramen for a while.
Go to food donation area and get free food.
It’s better than living on nothing right?
As for very cheap place to live, you’re an real estate guru and should know where to look right?
April 27th, 2007 at 3:59 pm
Casey:
Now I’m confused. I thought you could pay the rent because folks on this blog picked up the $$ for the Cashcall payment. What happened?
No guru crap. Just answer the question, please.
April 27th, 2007 at 4:00 pm
Wow, it really starts to hit now.
I can’t stress enough the “get a job” advice everyone else is giving (and has been for the last year!), but right now, you have four days to come up with four months rent. That’s a bigger problem.
> unfinished taxes, marriage issues, piles of unsecured debt.
Ugly, but can all be fixed IF YOU REALLY WORK AT IT.
> At the same time there are many good opportunities
> on the horizon, including a possible job,
Other than a job, forget the “opportunities”, they are what got you here. Focus on reality, not the day dreams you’ve been chasing.
#16 Falling foreward has a good post - read it again! Take it to heart.
April 27th, 2007 at 4:01 pm
I’m not going to say I told you so, or anything else critical, because I think everyone else is going to take care of that.
What I will say, is that even though you made mistakes, and even though you brought this on yourself to a large degree, I am truly sorry that you’re having such a rough go of things right now.
No matter how much you screw up, the simple fact remains that it is unbelievably stressful to be in such a tight financial spot. Your contribution to this mess doesn’t change that you feel like you’ve got the weight of the world on your shoulders.
So….try not to worry. As much as this is small comfort, it’s going to be okay. What’s the worst that can possibly happen? Crashing on a friend’s sofa or something? Would that *really* be the end of the world?
Who cares if creditors are calling day and night? They can sue you and they still wouldn’t get anything (because you don’t even have job wages to garnish).
Hang in there.
April 27th, 2007 at 4:03 pm
This is just a minor setback.
This is the chapter in the book right before the chapter with the comeback where you say “Even under crushing pressure, the world demanding I give into bankruptcy yet I stood my ground. And that made all the difference.” Don’t give up the ship, hang in there.
-Keep living the Dream
Roger
April 27th, 2007 at 4:07 pm
If you are homeless please find an internet cafe or library to post your update.
Thanks
April 27th, 2007 at 4:11 pm
Casey -
Take a lesson from the $33…debt kid (changed to http://www.debtkid.com/)
He’s down pretty hard from gambling on stocks and such, but he is taking serious actions to get out of it. He has cut back on luxuries, works his butt off (actually making money) and is making progress on his debts. Strangely enough, he doesn’t attract haters, in fact he has a number of supporters (including me).
The kid is making an honest effort. Learn from him.
April 27th, 2007 at 4:11 pm
Damn, man. I would’ve thought you’d wake up to reality by now and divert all the time you waste on this blog into something more worthwhile. Yet, you’re still here. What worth does this blog bring you each month other than the potential to become profitable? “Potential” being the keyword here. To turn that “potential” into “reality” you need to put some effort into it yourself – not just sit on your a** and hope for some guru to bail you out.
Then again, in a few days, I hope we were all wrong and this whole thing was nothing more than viral marketing for Jamba Juice.
April 27th, 2007 at 4:11 pm
Okay Casey, lots of good advice on this post. Don’t know about BK though….there isn’t much left in your name anyway. Might want to get that window fixed on your car, because you might have to live in it pretty soon, at least temporarily. Kiyosaki admitted he lived in his car with his family for a while (hopefully he was truthful about that)….maybe it’s time to visit the wise sage once again.
One person suggested doing real estate seminars. Actually I think you can be the William Hung of real estate for a while. Call up the seminar gurus and ask them if you can get paid for making an appearance at their seminars. Sign autographs, schmooze with all of your adoring fans, take pictures, etc. They would cover all travel, food, and accommodations as well. Meanwhile, partner up with someone who wants to write a book for you, where you talk in the first person about your life and especially your real estate stories, and then split the proceeds with that person (and for god sake, of course, get a good lawyer on your side before signing any contract, whether it be for a book or for those seminars — don’t let them push you around).
Best of luck to you….maybe I’ll see you at some real estate seminar in the future.
April 27th, 2007 at 4:13 pm
when you get knocked down by life’s routine, the only thing to do is get back up and be more careful.
don’t repeat your past folly.
April 27th, 2007 at 4:17 pm
Keep your head up Casey! You will continue to get nasty messages from people who have nothing better to do, messages from people who are really trying to help, and messages from people like me who are just hoping the best for you.
It will all work out in the end, just do what you have to do, and make it work. I am glad to see you aren’t just jumping on the bankruptcy bandwagon and are trying to get yourself out of the mess you got yourself into.
It looks like that pool needed serious work. You are probably right, doing it yourself would have been too big of a job. You can only do so much.
I am pulling for you, Casey!
April 27th, 2007 at 4:24 pm
Casey, I know you don’t want to live on Top Ramen, but for the immediate future, go to your nearest bookstore and get “101 Things to Do with Ramen Noodles (Spiral-bound)
by Toni Patrick”. If college kids can live off of Top Ramen, so can you.
April 27th, 2007 at 4:30 pm
“where are you going to live if you get evicted? the haterz who suggested you move into one of your properties and BK may have been onto something.”
They may have been…when Serin had properties. Muncy got foreclosed on today. That weedy lad is probably not going to be successful at physically clearing the Utah wrap.
April 27th, 2007 at 4:40 pm
Bad news, Casey. I suspect that things could get even worse before they start to get better. Don’t give up hope. You’ve GOT TO get a job - immediately. You gave it a shot to make it your way - it didn’t work out. It’s time to go on to Plan B. Hopefully you have one.
As for me, I wanted to see what happened to your inventory but I’m not sticking around to watch what happens next. Good luck, Casey.
April 27th, 2007 at 4:42 pm
No surprise this end about the Jetta news, since you boasted of its qualities on this blog. Now your chief worry is will be protecting yourself from muggers, since you also told everyone you shut down your bank accounts and seem very protective about your murse.
You cannot understand the sheer delight on this end to the rest of your news: that all of the houses are finally gone. I’ve followed this since late September, and thought it would come much quicker. I thought you had a chance of saving at least two of them, especially Modesto. Now I hear the real estate industry talking about a turnaround in home sales, and the worst being over.
As for the May rent, take my advice and cash in your profits on the GSPG investment. It closed today at .0016.
April 27th, 2007 at 4:43 pm
And thus Casey Serin discovered his true destiny. Having been driven from evil pharaoh haterz Yulia’s kingdom, he started a shantytown at the end of Snapdragon Circle where flopped flippers from all parts of the Sunshine State gathered and juice fasted. They discussed ways in which to make the world more itsallgood, and became imbued with the force that permeated the universe, the sweet cashback.
There they lived happily with positive attitudes and awaited the good things that they knew were coming. They feasted on corporate credit and In’n'out. That is, until the day the agents came.
But all of this had been foreseen by the idea man. He would be the one to finally release the good things and stop the haterz.
April 27th, 2007 at 4:44 pm
First -
Look throughout the house…. under the bed, behind the sofa, etc., for any and all change.
YOU MUST PAY YOUR AUTO INSURANCE.
April 27th, 2007 at 4:44 pm
I promise you will start doing better when you come back down to financial reality and stop trying to be some stereotype you hold about real estate moguls. Stop spending money. Period. Seriously. Do not enter Ikea. Do not replace your stereo. Do not buy a single thing other than the cheapest food in the grocery store. Then get a job. Clean up your mess and take as long as it takes to do this. Then pause to actually learn some lessons. Then build your wealth slowly and sanely. You aren’t going to get rick quick.
April 27th, 2007 at 4:48 pm
First -
Look throughout the house…. under the bed, behind the sofa, etc., for any and all change.
YOU MUST PAY YOUR AUTO INSURANCE.
Being ticketed as an uninsured driver is BAD. Worse yet, getting into an accident.
If you are an uninsured motorist for more than 30 days, then when you once again are ready to pay for your insurance you will no longer get the “preferred” rates you may have enjoyed due to a good driving record, etc. After 30 days all insurance companies will consider you an “uninsured motorist” with no history (yes, you did have a history, but as far as they are concerned, no more) and you will go back to paying the highest premium amounts…….
SECOND:
April 27th, 2007 at 4:49 pm
I had the same thing happen to my car a few weeks ago. The thieves were considerate enough to only break the very small section of the rear window and reach around to unlock the door though.
My car is even less sweet and the CD Player was the cheapest one on sale at Circuit City in 2001.
Even brand new my CD player was only about 3 Jamba Juices.
April 27th, 2007 at 4:50 pm
Casey - if you do ONE thing, do this. It’s the ONLY important thing. Save your marriage. Don’t worry about anything else. Do whatever you can to make your bride feel safe and secure. This will pay bigger dividends than any missed payment. If that means stop blogging or blog more or get a job or whatever … do THOSE things that will keep your marriage alive. Everything else is an accounting entry.
April 27th, 2007 at 4:50 pm
The last forclosure is actually a good thing. Declare bankruptcy to get rid of your unsecured debt and then you will be starting with a blank slate. If you are not desperatly trying to pay off your debts, you will be able to earn more modest income rather than having to gamble on longshots.
April 27th, 2007 at 4:56 pm
Casey:
It is time for you to have a large helping of humble pie. It won’t taste so great and may be hard to swallow, however, you are in no position to do otherwise.
For months you have looked down your nose at those of us who work W-2 jobs. You have resisted the advice and suggestions of many wiser individuals who have spent countless hours invested in your plight.
You call people haterz because they’ve not said the things you want to hear.
Had you taken even 10% of the advice provided by those following your story and blob, your situation today might be much different.
Think about it for a few minutes. Can you name ANYONE who has received as much attention, interest, and good advice that has been thrown your way???
April 27th, 2007 at 4:57 pm
Casey -
Why do you torture yourself and let people post all this negative energy? They aren’t here to help you - but to watch you suffer. Stop blogging for awhile and get your life back together. Your family is more important than these strangers that just want to see you suffer. Keep your chin up - “This too shall pass.”
April 27th, 2007 at 4:59 pm
Dude, for what it’s worth, when I compared your real-estate fantasies to those of a homeless person, I didn’t expect you’d actually literally be facing homelessness.
If you’re not going to get to a Gambler’s Anonymous meeting, you might as well sell your car and all your other stuff on craigslist, take a cheap bus ride to Vegas or the nearest India Casino, and put everything on Black. Unlike your other investments, this one has almost a 50% chance of paying off.
April 27th, 2007 at 4:59 pm
So does this mean you can’t call us haters anymore? I’d say realists makes a whole heck of a lot more sense seeing that we’ve been more right about your situation than you have.
I am not trying to kick you while you’re down, but you could have paid the rent instead of buying overpriced IKEA junk. You could have paid your rent instead of taking vacations you can’t afford. Yep, you can hate this line of thinking but we speak the truth, kid. YOU dug your own hole, now deal with it.
If you were an admirable man, you’d have taken our advice when this blog started. No, you thought you could do it your way and voila…you’d be rich and famous.
So basically, I insist you step away from the hater term and wake up kid. It’s neither accurate NOR the correct use of the word. We are realists. THIS is fact. A hater would mean we are jealous of you or your situation which is by no means correct.
BTW, I am posting this elsewhere if I don’t see it posted. Have a nice day.
April 27th, 2007 at 5:02 pm
Never thought I’d feel sorry for you Casey, but I do. Best plan is as others have suggested, file BK ASAP! Get a job or two, even minimum wage and start your slow progress back to normalcy!
Provided you have learned from your past mistakes you can always make a comeback financially!
April 27th, 2007 at 5:07 pm
I’m one of the worst haters out there, but damn, someone breaking into your car and stealing your stereo and subs? That angers the f*** out of me. I’m sorry that happened to you Casey
What’s the plan on where to live now? You should get any job to be able to pay rent at a shtty apartment for now. You’re on a bad run my friend, I hope your luck gets better soon.
April 27th, 2007 at 5:07 pm
I know the future of this blog: Close it and open a new one. You can call it: www.iamfacingbankrupcy.com or www.unsecureddebtisbitch.com or www.itiscoldsleepingonajettawithnowindows.com
who took that picture Casey?
April 27th, 2007 at 5:15 pm
Casey,
Declare bankruptcy. No other way out. Talk to your pastor about getting some temporary housing if that’s what it comes to. When the bankruptcy is complete, just get a job, a small place … and it’s all good. It’s time to start over … you have too much to lose by keeping yourself in this situation.
Best Regards,
Vlad
April 27th, 2007 at 5:15 pm
anti-spam word today is looser……..very appropriate for today’s reality check.
sorry to hear about the car, the foreclosure and getting the boot out of the house. not sure if your guru books have chapters at the end about dealing with your reality. if they do, please don’t follow them.
atleast the weather is supposed to be pretty good for awhile now in sactown.
April 27th, 2007 at 5:15 pm
Sorry, Casey,
Either I forgot to post or perhaps I did something wrong, because I did not see this question make it through:
“Did you file a police report about the break in and theft from your vehicle?”
You will want to keep that report for your tax records, since a theft event is deductible as an uninsured loss.
Did anyone hear or see anything? When I was living in a seedier area many years ago, we all shared info with our local PD about a wave of auto break-ins, and they were able to find the perpetrators, based on a pattern. I never got anything back, but the juvenile gang was busted up and others did not have to suffer.
I am confident you will share any info with authorities in order to keep others from suffering the terrible fate you did.
ASW:vdubs
April 27th, 2007 at 5:16 pm
Mostly, I’m just surprised you’re still married at all so be thankful for that.
April 27th, 2007 at 5:18 pm
Casey,
Sorry to hear some low-life broke into your car, that was the last thing you needed. Best of luck to you on looking for a job. My advice, stay away from anything real estate related, the market SUCKS everywhere. Personally I think you should go back to something IT related if you can. Also, don’t put relocation out of the question, CA has such a high cost of living. If you landed an IT job in someplace like Atlanta, you could do just fine.
April 27th, 2007 at 5:22 pm
I don’t hold title to the Utah property. I sold it to the buyers and stayed on the loan. I DO have a “wrap around” note secured by the house that the buyers are paying me on. So if they default I can foreclose on them. That’s the only way I can get that house back.
April 27th, 2007 at 5:28 pm
It’s time to file for bankruptcy.
Go to the library and borrow a book on how to file for chapter 7 bankruptcy that was printed this year or last year. If they don’t have one then go to Borders and buy one (nolo press prints the best of this kind of book).
Read it.
Do what it says.
It will stop creditors from harassing you and will allow you to keep some of your assets.
Don’t mess this up. If you don’t list a debt in the filing then you won’t get it discharged.
BTW, my offer to buy those IKEA shelves in your office and your juicer still stands.
April 27th, 2007 at 5:29 pm
Sorry to hear about your lose. No one deserves to have their stuff taken like that. These people are low life pond scum. (Maybe they followed you home from the Modesto pool ?)
April 27th, 2007 at 5:32 pm
You are not moving back home with us! Homeless shelter for you!
April 27th, 2007 at 5:37 pm
re #63.
Oh, I think I get it, then. Must be a different type of loan than mine, ’cause on mine, I had to not only live there, but I also have other stuff in the contract language that said all kinds of stuff; like I was not even allowed to make changes that might lower value (I even think it said I could not store my Harley indoors. Really! I had to promise to keep the property up, and keep the insurance current, too. I also had to tell them if I sold it (because my house was actually collateral for the loan - yours must be different, since you are allowed to sell the collateral and still not have to close out the original loan). I don’t know too much about these things, and from what I see, frankly, I am afraid to get to know to much more. Plus the market seems to be changeable. Not sure I’d try this type of stuff myself even in a good market, seems dangerous based on some difficult I see you had.
Casey, thanks for replying!.
Do you think you’ll keep doing the home buy/sell thing, or are you thinking maybe something else is more your line, now? I guess you are showing resolve, which is good, but are you thinking that maybe that alone is not enough to get to success? I know you took the courses and all, and you know about the ‘wraps’ and the ‘REOs’ and all that RE stuff, but I see them sell those courses, and I just wonder if EVERY one that buys them goes on to make a ton…. Do you think?
April 27th, 2007 at 5:40 pm
I really liked the video you made to answer questions and update on what’s going on. Can you do that now so that we can all understand the gravity of your situation?
April 27th, 2007 at 5:45 pm
Sorry to see you in such a predicament. Hope you don’t think you are near the bottom because you still got a long ways to go before you really hit bottom. (You probably don’t understand what I’m talking about.) Forget Suzy Orman and Robert Kiyosaki. My suggestion is to ask someone you know who you think is a successful tightwad what they would do if they were in your shoes. Preferably, this person should knows you and your habits. Good luck.
April 27th, 2007 at 5:58 pm
Hey Casey -
Too bad about the car…but that reminded me of your speeding ticket. Have you been to traffic school/court yet?
And, when you filed your extension for taxes, did you calculate you estimated payment/refund?
You really should get a job…you will feel SO MUCH better after working for even a week. Sounds strange, I know, but its true. Won’t it feel good to accomplish something? Was sorta hoping you’d shock me (and the world) and announce you had a week of work under your belt since you took the last week off from blogging. Am I a sucker, or what?!?!?!
Rock On, little man!
April 27th, 2007 at 5:59 pm
Casey, do yourself a solid and read this book tonite. You will get more out of reading this than you did from any of your big dollar seminars. I promise you this! Here it is in its entirety; and completely free. I know, I know, sweet deal.
http://www.mypivots.com/articl.....20Operator
bob.
April 27th, 2007 at 5:59 pm
There there Casey - your problems are nothing that a good long afternoon nap won’t take care of.
Leave the working and worries to others.
There there…
April 27th, 2007 at 5:59 pm
I am almost starting to feel sorry for you, Casey. I can’t wait to see what happens next.
April 27th, 2007 at 5:59 pm
We need a Timeline Guy™ update
You shoulda paid your insurance with the money you got for the monkey dance and not Cashcall
I give you credit for holding on to the “good things are coming” gig. Put that as a PS on your “will blog for food” sign
April 27th, 2007 at 6:03 pm
One more thing: if you don’t get a job, you’re going to be divorced soon.
April 27th, 2007 at 6:13 pm
I thought about getting a sub for my car, but when I added up the cost of the sub, enclosure, amp, wiring and installation, it was just gonna cost too much. I could do it myself and save some bucks, but it still was more than I wanted to spend.
Casey, you’ve been living in a dreamland of unrealistic expectations for too long. I think most of America has been as well, and you’re just in that extreme end of the bell curve.
You’re addicted to your belief in how life “should be”. You are gonna have to hit rock bottom before you think otherwise.
April 27th, 2007 at 6:24 pm
Mr. Serin,
Thank you for your recent payment of:
1car stereo
2bumpin subs
Your original loan amount was 10,000
Your new balance is 12,978.
Regards
Cashcall collections
April 27th, 2007 at 6:29 pm
this whole this has to be drama for this blog…I don’t believe a word of the latest posts
April 27th, 2007 at 6:29 pm
Having had a former car broken into twice, and then stolen, I can say from experience that having your car broken into sucks. I do have sympathy for you in regards to that.
As for for the last foreclosure, I have ZERO sympathy. This is a mess you made. Enjoy.
Also, I wouldn’t be too complacent about the Utah property. Don’t forget there’s a missing payment. I highly doubt the bank has forgotten that payment. And, I also don’t think the original mortgage company will be too happy about that wrap sale.
In the space of a couple of days, you’ve lost your last property, had your car broken into, and are being evicted. That is one huge s*** sandwich from the lunch counter of life.
Get a job, save, save, save. I wish you would have listened to some of this advice back in September when I first started watching this mess. You might have actually avoided this end.
April 27th, 2007 at 6:30 pm
Casey, plz don’t think I’m a Hater. Casey, Get on the phone and call a temp agency. You might just be able to be working somewhere, ANYWHERE, tomorrow. Sell everything you rightly own. Scramble like hell and pay as much rent as you can, then beg for more time on whats left. I would be willing to bet, IF YOU HAD A PLAN, family wont let you sleep in the gutter. I’m betting Y is just finished with you making no progress.
Casey, you are young, and if you do things right NOW, it will all be behind you someday. I was dumber than a box of rocks at 24 too, but one morning I looked in the mirror and told the guy looking back at me that it was time to grow up….you should try it.
April 27th, 2007 at 6:37 pm
http://www.myebid.com/cgi-bin/.....ingID=3911
April 27th, 2007 at 6:39 pm
Casey, I’ve been in a similar screwed position. just landed a great job with 10k-15k monthly potential
email me and I will send you some info
take care of the marriage my friend
jimmy
April 27th, 2007 at 6:40 pm
Looking back, my favorite moment was when we found out that Casey did not even have a sreadsheet with all of his obligations listed.
I suppose is necessary for a bankruptcy filing — but how do you run a household without some sort of balance sheet — let alone a interstate real estate empire?
April 27th, 2007 at 6:43 pm
Dude, you knew this day was coming right? You know how much rent you have to pay each month right? You know how much money you have coming in $0…right? So you knew you would face eviction from non payment of rent…right? So what was your plan to deal with this 100% predictable outcome?
That pile of festering stinking s*** that just buried you…it’s called reality. Welcome to the real world.
April 27th, 2007 at 6:43 pm
And so I arrived at my final destination. No houses, no car that I could drive, debtors calling constantly, mail piling up unopened and unanswered. It had been a tough seven months of sweat, scheming and work, and there was nothing left but the clothes on my back and my murse.
What was the great meaning of all I had gone through, and what had I learned? Had I misread RK’s advice, or misunderstood what the gurus were telling me? Or were the gods punishing Casey for thinking big, twisting the knife in my a* just because I wanted the sweet easy life like everyone else. No more Grille or Jamba juice; no more retirement now at 35; a lot of cold shoulder and hot breath from G; friends demanding repayment of loans I can’t possibly pay; angry parents; no RE left.
What was I thinking?
April 27th, 2007 at 6:45 pm
BTW, I hear the market is hot in Seattle right now. PErhaps you could do a quick flip to get back on track.
April 27th, 2007 at 6:48 pm
Where’s all your gurus now Casey?
A few years from now you will have learned to hate those scam-artists.
April 27th, 2007 at 6:49 pm
What’s the final score?
aka, what do you owe to everyone? What’s the rates? Can you update your spreadsheet?
Now that the properties aren’t in your name anymore, what do you owe on them?
April 27th, 2007 at 6:53 pm
Anyone who doesn’t think this kid is going to come out of this smelling like a rose is crazy. As long as you fail big enough, loud enough, and public enough, you’re going to be embraced as a hero.
The whole situation is so over-the-top, I still have doubts that it is on the level. I fully expect to see Casey’s “reality” show on the E! network in a few months.
April 27th, 2007 at 6:54 pm
uuh yeah I need to get a job to get my life back on track. Man it’s warm today, time to look at zip realty to see if I can put a deal together. maybe get a good mentor to help get my real estate invesments back on track. Yeah, maybe fly up to Salt Lake. uuhhhmm where was I, uuhhh yeah, time for a wheatgrass shot and a non fat soy mocha latte…
April 27th, 2007 at 6:56 pm
Hey Casey - I thought you had disappeared.
You say all the stuff about the future, and your getting deep into it. One day man, your bird is going to just leave - she must be thinking what the beejeebees has she got into here ?
I bet if you asked her would she do this again if she knew what she was getting into - she would say no way Jose.
Loads O Money
April 27th, 2007 at 6:59 pm
Casey you can buy 4k worth of stock(which is down 60%, another failure which you fail to mention), but you cannot pay rent. God damn man what is wrong with you, please seek help I beg of you. This isn’t even funny anymore you got serious mental issues. Your like the guy who they show living in a trailer park who rather live broke and miserable then get a job and make his life better. Please Casey seek help!!!
April 27th, 2007 at 7:06 pm
Casey,
You posted on my site once, and I figured I should return the favor. You do have a very interesting (and stressful, I’m sure) life at the moment.
If you seriously have a job lead…take it. It sounds like lots of people have been telling you this already, and I think you’ll realize that is your best option to start making some money. You can still run this site while you work a normal job.
Looks like you may be joining me in the “i have no place to live” club very soon. I’ll be moving into my office (though I have some creative solutions lined to to make sure I don’t break any zoning regs) in a little over a month. My house is in the process of trying to short sell.
Stay sane. You screwed up. Everyone does, but every day is a new one and you can completely change your ways, if you have the desire.
Regards,
debtkid www.debtkid.com
April 27th, 2007 at 7:06 pm
Casey,
Come see me. …soon.
April 27th, 2007 at 7:12 pm
I found your site on www.portalofevil.com.
This site is not that evil. Pathetic and sad, but not evil.
It sucks to be in debt, I should know. You need to get some professional advice.
Ps.
The prime directive sucks.
April 27th, 2007 at 7:19 pm
There has been enough good and bad said so I will only add that you are lucky that you only need provide for yourself. I went thru it with kids ( not complaining just putting into perspective). Lose the can’t do attitude, the frivolus(spelling) spending and try impressing some people. It is easy when everybody underestimates you. Now go out there and get them GRRRRRRRRRRRRRR.
April 27th, 2007 at 7:19 pm
First is to get a job any job will do.You can always quit and get the better job if (when) it comes along.Then file BK.The judge will be likely to help you if you have some kind of job.Rebuild your life, you do have skills but you have to start from the bottom.There is hope please just dont buy anything .Let life take its own course for a few years. Learn from all of this and you will be fine.DONT BE STUBBORN!!!
http://www.icantsellmyhouse.blogspot.com/
April 27th, 2007 at 7:26 pm
Dang yo. Nothing left now but to delcare BK and start over. This time around with a job and an income. If you try anything else you deserve all the lousy stuff that comes your way. And it will be coming your way thanks to karma. If you believe in God like you claim you DO realize that your lifestyle is incompatible with good? That specualtion and gambling and sloth are considered “evil” by most religions only because they ultimately ruin you.
With the six foreclosures on your record declaring BK is actually going to improve your situation. You’ve already turned your credit report into a pool of red ink. The unsecured debts will hang around your neck and choke off any future hope.
You have no money, no job so wipe it all clean and start acting like an adult instead of a fucktarded teenager. You’re only hurting yourself if you do otherwise.
April 27th, 2007 at 7:27 pm
Well as your story goes downhill let me cheer you up a little bit. After starting to read your blog a few months ago I started to relay many of the details to my writing partner of a 24 year old wanna be real estate mogul and he has just sold the script based on your mess for 1.2 Million.
See Casey, there was money to be made in this afterall. Thanks for the inspiration and my 40% cut.
April 27th, 2007 at 7:39 pm
Well, have you learned anything from all of this?
If you have, you could have saved yourself some hard
leasons by actually LISTENING to the advice so many
gave you.
But some people have to learn their lessons the hard way.
Like the people who are currently paying 3-bucks-plus for gasoline to dump into their huge SUV’S/trucks.
They should have learned the leasons that were learned by people with huge Buick Electras and Olds ’98s in the early ’70s
But they did not.
And the whole country should have learned the lessons of Vietnam.
But here we are, in “Vietnam II: The Sequel”
I find it so ironic that people jumped all over France for not wanting to get involved in Iraq, totally forgetting that France was getting OUT of Vietnam when we were going IN.
But getting back to your situation; at least you have finally realized that the $5,000.00 per month “passive” (i.e. no work required) income is/ was not realistic.
Now it becomes a matter of survival.
Get off your a** , get employed, get expert advise from an attorney (and FOLLOW IT) as to your liabilities, and move on.
Shut down this blog.
Your 15 minutes of fame is over.
Have a good life.
I’m outahere.
April 27th, 2007 at 7:47 pm
Casey, what you MUST do now is to sell the car and pick up a used camper van. That way at least you will have a place to sleep if you should soon become homeless. You may qualify for programs to eventually get you into an apt. if you start the process now. Good luck to you.
April 27th, 2007 at 7:50 pm
Yep, it’s all been fun and games until now. Sweet deals, murses, and wheatgrass. Time for a dose of cold, hard reality. Seriously, if I were you I would definitely sell all my possessions and move back to Uzbekistan. Otherwise, your life is going to suck pretty hard for the next decade or so.
April 27th, 2007 at 8:08 pm
Casey:
Now that all the homes are gone you can answer some questions.
1. Why did you try and clean the pool (hard work is for loosers)?
2. How much did you get for the Blue Ball.
3. Can we buy stock in your Corporation?
4. What happened to Tim from MBA?
5. When are you going to file BK?
6. Would you work at Jamba Juice for free drinks?
7. Are you still a partial vegan?
8. How mught did you tithe last year?
Good Luck,
P.S. Are you going to change the name of the BLOG?
April 27th, 2007 at 8:11 pm
Casey,
It’s finally over. Get over it; it’s not the end of the world. You just need to get your life back together and hopefully you have learned something from all of this. Maybe now you will be able to focus on getting a job and getting on with your life.
What will become of your website? Are you going to keep it?
You’re going to have to change the name of the site though. Maybe, “ihavefacedforeclosure.com” or “nomorehouses.com.”
Good Luck
April 27th, 2007 at 8:15 pm
Casey - congratulations on coming to reality and getting a job. I would recommend getting a second job temporarily as well. Deliver pizza in the Jetta and you can get daily income from tips until the steady income roles in.
I really think you would be a good salesperson. Perhaps you should be a leasing agent at an apartment complex or sell cars. You could keep up with RE and get back in a year from now once you have some built up money.
April 27th, 2007 at 8:19 pm
Dude, can you find a job that pays you to blog? You seem to have developed a pseudo career doing it already. Why not invest more time by selling ad space on your blog, Or google adsense, or whatever?
The real estate doldrums are throwing you for a loop. Nix them and get into something that brings in cold cold cash. Remember the timeless words of The Notorious B.I.G. “GET MONEY”
April 27th, 2007 at 8:20 pm
hmm, at last, mighty Casey has struck out…
Casey, there are plenty of other cases like yours where overenthusiastic participants of ‘RE guru seminars’ get fired up and lose a lot of money — you’re not unique. There’s a reason we have been posting John T. Reed links all over your blog.
You have definitely shown poor business judgement and the inability to realistically spreadsheet costs and ‘what if’scenarios, such as’what if real estate doesn’t go up every year by 10% — forever?’ and the ability to spot RE hustlers with unrealistic projections and stories.
Here’s an article from an Australian paper called ‘The Get Rich Quick Trick’:
http://www.smh.com.au/articles.....67990.html
“A former professor of educational psychology at Avondale College, Dr Lyn Gow, who attended Born Rich in January, says McDonald destabilised her and others until they felt they were drowning, and then threw them the only rope.
Gow was enthusiastic about the initial Born Rich course after she completed it. Her family has paid $47,000 in course fees in less than a year. But she soon crashed into disillusionment after mortgaging her house, losing her shareholdings and watching her family’s health and relationships deteriorate.
Smith got most of his money back. He says he receives about one letter each week from unhappy Born Rich graduates. Most of them do not wish their stories to be publicised and do not maintain contact. “
April 27th, 2007 at 8:27 pm
Ouch! A car broken into is definately no fun. Hater or not, anyone should be able to sympathize with that.
April 27th, 2007 at 8:27 pm
WAA WAAA WAA.
Dude, you’re a white boy. How do you not know that your path can easily be paved in gold?
Get out there and hustle. Work it. Move to a town with many other minorities and see for yourself how EASILY you’ll be offered jobs. hey this may be racists, and know this that I’m not white, but I speak in reality.
Afterall, you’ve got the complexion connection.
-signed, a black boy that’ll never commisserate with a sorry a** white boy when all he has to do is wake up and look around. The slightest work you have to do to easily move up the ladder. We’re the ones that have to work 2x as hard and 2x as long just to be on par!!!
April 27th, 2007 at 8:35 pm
Casey…I am not a hater. I’ve spent the past week reading this blog (just found out about it), and was absolutely dumbfounded by the whole thing. Unbelievable.
Dude…I know you won’t listen to this, but there are people out there in a lot worse situation that are actually taking action to get out of their mess. Take Joel Maxwell http://www.joelmaxwell.com This guy through some very stupid decisions racked up over $550k in debt. However, he decided that he was going to repay every dirty penny he owed. He has been on a 16 month journey so far and has managed to pay down $208k of this so far. When he started, he made less than $50k. But, he’s worked his tail off. He’s worked multiple jobs without days off. He’s gone active duty in the military and spent time in Afghanistan. And he hasn’t taken shortcuts. A lot of months, he’s only paid some of his creditors $15. But he pays them something every single month. He still owes $350k+, but I have no doubt he will do it. He has the character that assures this.
It’s time for you to take some personal responsibility. Give up (for now at least) this dream you have of making it rich in real estate. Now is the time for you to do whatever jobs you can find. Build some character back. And when you do, and can wake up each day with a sense of purpose…and go to bed each night with a sense of accomplishment, maybe then you can entertain starting small in real estate. But man, you don’t have money issues. You have character issues. If you somehow made a $1,000,000 deal tomorrow, you would end up blowing it. It’s the reason most lottery winners eventually end up bankrupt. You need to build your character. And you need to do it in ways you would never have dreamed of doing it. You need to take jobs that are beneath you. You need to be humble. You need to be real.
Good luck man….I’m glad you are blogging again. I was disappointed to finally get caught up only to find that you were “gone”.
April 27th, 2007 at 8:37 pm
Casey,
It’s all good. Really. It’s all good.
Haterz can’t focus on the positive aspects of your situation. 1) You no longer have any property to worry about. You are debt free, no matter what they say. 2) You bought your properties in a perfect way - as far as every State DA is concerned, you didn’t scam anyone, you merely were a guy with no luck. And authorities are pretty incompetent, so it’s quite possible that in a couple of years, everything will be off your record.
Here’s what you should do. Stop listening to those useless gurus, and start acting based on gut instinct. You have it - you know it. You don’t need a guy who never made it to the top helping you decide what to buy or what not to buy (Nigel the Traitor included). Remember the little dilapidated house you made $250 on for an hour of work? THAT’S the kind of gut feeling I’m talking about. You are a great entertainer, you are very good with words, you have lots of experience. Now that you are debt-free, you are in the best position you have ever been for earning lots of money - fast.
April 27th, 2007 at 8:38 pm
Nice radio and woolfer. Thanks to the others for posting your address so I could pick that up.
April 27th, 2007 at 8:42 pm
Hey Casey,
I think you said it yourself:
“… but nothing is certain right now …”
A job makes life “certain”. It might not get you anywhere fast, but at least you won’t be going fast into the negative…
April 27th, 2007 at 8:43 pm
Hey Casey,
I am sorry to hear about your car, thats totally uncalled for, especially if this person was aware of your situation.
If for some reason you need a roof over your head let me know, If it comes to this I will personally pay for you to stay in a motel for at least a week or two.
You have made mistakes, but I dont think anyone deserves to be left out on the street.
Take Care…
April 27th, 2007 at 8:45 pm
Casey
Man, I feel sorry for you, especially the car:) You need to stop looking around for the best and “sweet” deals and you need to act now. You can pick up job as quickly as today, programming. Earlier when you started blogging I have asked you if you want to do some programming for me. Well since you were not interested some other programmer made some 2K + some cash here and there.
Start programming again, I know php is pain, but this is only choice you have so far. Pick up 25% up-front to have some money, talk to your landlord and get your life moving. Go to Elance.com post your profile as programmer and start proposing bids.
I never understood one thing. Programmers that I meet (not all of them, of course) have the skills to make money online. And they do not! On the other hand I make 6 high digits each year from my websites and I do not even know programming at all! and that is my second job after I come home from work.
If I can do it, you can too:)
April 27th, 2007 at 8:45 pm
Casey,
Get some counseling. Give the entrepreneurship thing a 6-month rest & sort out the rest of your life. You have a long life ahead of you, and what’s done is done. You’ll probably be best off in the long run if you file for bankruptcy; it will remove a huge stress from your life & allow you to refocus.
Hoping for the best.
April 27th, 2007 at 9:07 pm
I’ve popped in to read the saga the odd time, over many months. Just a bemused observer. I invest mostly in the stock market, but have dabbled in real estate and stumbled upon you accidently. The first time I checked it out I thought “F**k the kids has cahones”.
Last weekend, while my spouse is out with the children, I am starting dinner for a neighborhood get together … I get a knock on the door. It is a guy that used to deliver us pizza back in the day - always outgoing and friendly, with a bit of a hustler vibe. He had dreams of starting a car service, he bought a few vehicles and put a “team” together. We used his car service a few times, nicer than a cab and cheaper.
Well things went to heck, a few accidents, cashflow not what he thought, child support to pay, but he wouldn’t give it up. 120 K in debt.
I fed him, gave him a pale ale, a 100 bucks and ride to the homeless shelter.
While we drove, we talked, his heart was in the right place, but he couldn’t let go of the dream. He said he would pay every penny back, that he would turn it around, he just needed enough money to get one van back …. I offered to hook him up with an job, he wasn’t interested.
I dropped him at the shelter …. no doubt he will back looking for more cash and I will have to say no.
Don’t be him dude.
Wishing you well.
April 27th, 2007 at 9:09 pm
Why was my comment held back for moderation when I was already logged in?
I haven’t abused the priveledge.
I am perplexed.
I don’t think I like that very much.
Goodbye.
April 27th, 2007 at 9:25 pm
Sounds great, Casey!
April 27th, 2007 at 9:34 pm
Sorry about the break in. It would have been nice if at least they didn’t break the window, but I guess nice didn’t enter their thinking.
I’m somewhat confused as I thought you said your rent was $450 a month when you got the extra room for your office. I just tried finding the post in the archives, but was unable to do so.
I don’t remember when someone said something about being so fascinated watching the tsunami coming to shore you don’t notice you’re about to be drowned.
I hope this is your “bottom”. I fear it isn’t. Casey, it’s NOT all good.
ASW: mogul
April 27th, 2007 at 9:35 pm
I’m sorry Casey. I hope you can somehow get out of this whole mess. Anything is possible.
ASW: loose
April 27th, 2007 at 9:49 pm
Listen to #67.
Being homeless sucks.
An ounce of prevention saves a pound of cure.
A stitch in time saves nine.
Good luck to you. America is filled with opportunity. There is no shame in starting small and then working your way up.
April 27th, 2007 at 9:51 pm
How about another beg-a-thon?
April 27th, 2007 at 9:54 pm
Need a place to say?
Turn yourself in to the FBI.
They’ll give you a place to spend the next 15 to 20 years of your life.
April 27th, 2007 at 10:01 pm
Bankruptcy might not be possible as the recent law changes are really nasty.
From my blog,
“If your income is at or above the median income for your state, you are assumed to be defrauding your creditors and thus are not allowed to file bankruptcy. No, I am not making this up.”
http://polizeros.com/2007/04/1.....ptcy-laws/
April 27th, 2007 at 10:50 pm
Why is this blog still up?
Become a man, and do what a man would do.
Then again, you can post this, along with all the other crap, and live in your little fantasy world that you’ll make something of it.
You rolled the dice and lost. You have nothing else to offer, so get the cojones to admit you are a loser.
Not a small time loser, but a raging, spread all over the internet type of loser. When you accept that, you have a chance for rebuilding your life.
April 27th, 2007 at 10:57 pm
I cannot believe the level of denial and niavete’ as I read this. You want some constructive criticisms but you haven’t heeded any of the good words people have sent your way: GET A JOB. CUT YOUR LOSSES. ACCEPT YOUR LIMITATIONS ( and accept you are not a real estate guru ) You have laptops and a digital cam? SELL THEM. Luxury items do you no good if you can’t pay rent. Sell them and pay you S-I-L what you owe her and promise her you are getting a job and FOLLOW THROUGH. Cut back and the ridiculous frivolous crap you keep buying. Organic foods are expensive cut that crap too.
There’s an old saying I am sure you’ve heard: There’s no free lunch. There’s no fortune just around the corner Casey unless you work your @ss of for it which you haven’t done. GeeZ, kid, you can’t even be bothered to open your mail.
The best advice i can give you–and it’s been reiterated to death PLEASE LISTEN–FACE REALITY.
You are not too good to work. You are not too good to eat Ramen Noodles.
April 27th, 2007 at 10:59 pm
Hey Kid;
“What’s next? Good question… ”
Jamba Juice, kid, what else? Fill out the application to work there.
Cuz it’s gonna get worse, little Hobbit. MUCH worse.
This isn’t the Beginning of the End, it’s the End of the Beginning, see?
You DO have the distinction of being the only guy I have ever heard of who went from owning 6 homes to homelessness inside of a year.
Remember that homeless dude at one of “your” properties?
That musta been some kinda time warp you were in…that was YOU, ace investor.
Whatever you do, don’t hock yer blue ball…that way the NEXT Casey from the NEXT parallel universe will recognize himself when HE meets YOU at “His” property.
asw: Blueball
April 27th, 2007 at 11:01 pm
What’s next?
http://www.iamfacingjailtime.com
April 27th, 2007 at 11:08 pm
Things always look bad before they get even worse.
April 27th, 2007 at 11:09 pm
“Countrywide) refused to give the buyer a small extension to close. They had a solid offer for $300,000 on the table!”
You have said this before Casey.
Every loser in town just needs a small extension to make the deal work. Countrywide would be an idiot to give you an extension; you haven’t paid in 8 months, an extension would make no difference. If you could have closed the deal you would have.
I guess you now believe it is Countrywide’s fault that you didn’t pay you debt.
April 27th, 2007 at 11:19 pm
Oh. hobbit-o’-mine;
Whatever MIGHT be next, there WILL be taxes to be paid.
Don’t ever forget that you owe taxes, snookums.
Too bad you had no Withholdings, so my bros at IRS will take the chunk out of you in one big bite.
ASW: manbag
(of which you will be soon loosing both)
April 27th, 2007 at 11:22 pm
There’s not much I can say that’s not been said already. I’m sorry to hear about the car, that’s like the last thing you need to happen now. File the report with the police though, even if there is no insurance claim possible.
April 28th, 2007 at 12:18 am
Casey:
I am a newcomer to your blog, but from what I just read, this can only mean one thing:
BANKRUPTCY.
Just do it, and quit the self-flagellation already. You’re accomplishing nothing other than projecting major delusion — hate to say.
Bankruptcy means that you are ready to accept that you gambled and lost. S*** happens.
April 28th, 2007 at 12:21 am
Looks like a small-fish criminal took a nip out of a larger-fish criminal here. You can’t complain about crime when you are a criminal yourself. So far they have taken $500 out of you while you have taken $300K or so out of others.
April 28th, 2007 at 1:06 am
Bummer about Olde Vdubs being broken into. Unfortunately, any visible aftermarket audio equipment inside the car pretty much makes it a matter of time until your car is broken into. Hell, most criminals out there will not hesitate to cause $1000+ in damage just to get some loose change in the center console.
Your top priority now should be to secure a place to live in (somehow, I doubt you can get the necessary amount to Y in time) and to keep your marriage intact (the fact that she hasn’t dumped you a year ago speaks volumes about G’s commitment to ya).
April 28th, 2007 at 1:13 am
Earlier, I mentioned that maybe you’re now *able* to take good advice when it’s offered. You (hopefully) see the bleakness of your situation.
The question is now: What are you going to do about it?
You know what you need (money, and a good chunk of it); how are you going to legally get it?
A couple of unsolicited items:
Sell the laptop (you can blog at the library.)
Dump the PDA.
Get the cheapest cell phone plan you can get (you don’t *NEED* all the nifty 3G features.)
Get *ONE* cell phone.
Find a job along one of the easy bus routes from your home.
www.monster.com - check it out.
DO NOT DRIVE WITHOUT INSURANCE!!!!! ‘Specially with a broken window.
Don’t replace the stereo until you have a steady income.
Talk to your religious leader about your living options.
Look for that Ramen Cookbook at the Library; borrow it and then return it–It’s FREE! Repeat as necessary.
Do I really think you’ll take any of these suggestions? No.
April 28th, 2007 at 1:16 am
Casey’s Last Stand.
I’m kind of on the fence regarding if I qualify as a ‘hater’ or not. I know for certain that I hate the whole concept of house flipping and speculation–such activities cause much more harm than good.
That is terrible that your car was broken into. What terrible misfortune, I know the feeling having your personal possessions getting stolen like that.
I kind of knew that you wouldn’t be able to clean that pool, that looks like a huge undertaking. It’s easy for others who have experience in these matters to just tell you “just get a pump and a couple of chlorine tablets and poof! the problem is gone”–easier said than done.
April 28th, 2007 at 1:25 am
I wanted to add something to a something I posted earlier (if my prior or current post makes it through moderation). I referenced giving to a charity if you wanted to part with your money so readily. Casey and anyone on this blog spends time worrying about Casey should google a video called Invisible Children. The young children of America are taking the children and war of Uganda on as a project. Watch this film Casey - you have no idea how bad it can be, how wretched and hopeless life can be. Be part of something larger then yourself - you=foreclosures , them=no home at all , you=no stereo , them = no food , you= having to live with inlaws, them=no parents because they died of aids. Watch this video Casey and if it hurts your heart there may actually be hope for you. Our children trying to save children - now that is something to really care about. It’s a hot item on MySpace - how amazing is that?????
http://www.myspace.com/invisiblechildren
April 28th, 2007 at 3:10 am
Casey: what in god’s name have you been doing in the last week? What have you been doing with your time? Obviously you aren’t spending your time wisely.
You have no choice but to get a job. ANY job.
April 28th, 2007 at 3:16 am
Casey: I do feel badly about your day today and at this point your back is against the wall.
I will paypal you $20. Hell, you can use it for Macaroni Grill if you’d like. Might as well have one last harrah before you are forced to knuckle down and work like the rest of us.
I am very serious about my offer. No strings attached. Just email me at […] and I will pay pal you $20.
Consider it my contribution for the several months I have enjoyed this blog.
April 28th, 2007 at 3:27 am
I think it is the time for a bit of wisdom. Ponder this poem carefully…perhaps you are ready for it to touch you now.
THE WEAKER THE WINE
By SU TUNG P’O (1036-1101 AD, CHINA)
The weaker the wine,
The easier it is to drink two cups.
The thinner the robe,
The easier it is to wear it double.
Ugliness and beauty are opposites,
But when you’re drunk, one is as good as the other.
Ugly wives and quarrelsome concubines,
The older they grow, the more they’re alike.
Live unknown if you would realize your end.
Follow the advice of your common sense.
Avoid the Imperial Audience
Chamber, the Eastern Flowery Hall.
The dust of the times and the wind of the Northern Pass.
One hundred years is a long time,
But at last it comes to an end.
Meanwhile it is no greater accomplishment
To be a rich corpse or a poor one.
Jewels of jade and pearl are put in the mouths
Of the illustrious dead
To conserve their bodies.
They do them no good, but after a thousand years,
They feed the robbers of their tombs.
As for literature, it is its own reward.
Fortunately fools pay little attention to it.
A chance for graft
Makes them blush with joy.
Good men are their own worst enemies.
Wine is the best reward of merit.
In all the world, good and evil,
Joy and sorrow, are in fact
Only aspects of the Void.
April 28th, 2007 at 5:03 am
When investing, you need to take into consideration that you can loose. I love the way real estate is (was) looked upon as a risk-free investment.
Even if you loose your damned car, you can still keep afloat. But you obviously are of the type of person who thinks that quality of life comes with things you can buy.
I don’t feel sorry for you. It’s people like you who are in the forefront of driving the bubble called civilisati