Last Foreclosure… No Houses, No Money, No Stereo

Hi everyone!

I am not quite an early riser™ but I intended to be™. I will fill you in on the passed™ few days goings on. It has been very interesting and in some way enlightyening. I beleive that good things are very near™ and that I might have found a way out of this mess™ and a new start so I can repay every dirty penney™.

I started Thursday to take a long hard look at alot™ of the advise™ that has been posted here over the last few months. Maybe it was because I thought I could find a way out of the foreclosures/short sale mess or maybe it was my own stubbornness, but I failed to see the true wisdom being offered here. I am blessed™ to have had so many of you offer solid advise™ and honest heartfelt words of encouragement and wisdom. I am now past all of the haters™ here and I am in a new frame of mind.

I looked at all of the advise™ and prioritized it in a meaningful way so that i could start with the most important tips and work down from their™.

So, on Thursday I went to Whole Earth Foods and bought a day’s supply of organic, carbon neutral, non-animal tested, soy-based Ramen Noodles to begin my journey. On my way home I thought that some ground beef might make the noodles a bitt more tasty so I go that to™. After preparing the Ramen according to the package directions, I cooked the ground beef and dined. Afterward I could feel the nutrients surging into my sinewy frame and I began to meditate. I decided to tackle the broken window in the Jetta first since I now had insurance. It was all good. I must have meditated™ for quite awhile™ becuase when I oke up it was dark.

I wasn’t sire what time the junkyard closed, but I new™ I should hurry (great peace™ of advise™: don’t be late). When i got to the junkyard there weren’t any people their™ but I just figured that it was a Thursday so maybe business was slow (perhaps I could help them with a new business plan that would get them instant results and improve their bottom line?).

The entrance gate seemed to be a bit stiff, but I found that with a good hard shove from my shoulder I could pop it open almost immediately. As I went looking around I found it hard to locate the exact parts in the dark and I couldn’t tell what time it was because I don’t where™ a watch.

All of a sudden, I heard a loud noise and then in a flash, a dog grabbed my arm. It was a large german shephard with big teeth. A neighbor must have left their gate open and this canine escaped!

After a few exciting minutes I was able to free myself and run out of the junkyard. I fully intend to contact the owner and let him know about his dangerous neighbors and maybe he can do something about it so it doesn’t impact his patrons.

Anyway, I now have several large wounds in me left arem that are getting very red and swollen. Someone told me thta is a natural healing process™ and I shouldn’t be concerned. I feel blessed that the human body is so capable of regenerating itself from injury. I have nothing to fear about this natural process.

Any way, after I returned home from my unsuccessful attempt at gatting a new window I continued my meditation™ and emerged from my level III state about 10:30 Friday morning. I was very hungry so I cooked som emore ground beef but I couldn’t remember where I put the ramen. Just as I turned on the stove I remembered my modified vegan™ lifestyle and quickly shaped the ground beef to look like carrots. It was very tasty and I think the pseudo beta carrotine will do my body good.

I spent the rest of the day installing CMS accounting management software modules 1, 2, 3 and 9 to help me get my finances organised™. A friend of mine works for a large CPA firm in Sac and let me “borrow” the installation discs (these modules alone totalled 27 disks) to make an “archival copy” of the software. (I read the fair use and licensing agreement and I am comfortable that since I am mostly using this as an archival backup I will not be violating any portion of the copyright).

I am currenly having difficulty getting ahead of the learning curve™ as this software is very complex. My chart of accounts on the general ledger could well be in excess of 2,500 accounts. I hope to have it fully operational by Memorial Day.

Since I did not yet have a vehicle, I called Dave in Davis to see if I could once again help him evaluate the BioBunny™. Dave said yes, I could evaluate it for the weekend, but he was in the Mexican Food used oil phase, and I could not use any oil from Chinese foor restaurants. I told him that was sweet™ and I thought it was all good™.

I picked up the Bio Bunny™ and immediately started out on amission to fing a fillup. It took almost 3 hours to find a restauranteur who spoke enough english to convince them to let me have their used oil. Finally with a full tank I was road-ready again.

I was off to the Verizon store because my new Binford 9000 web based internet/video/real time web sync server-phone was not configured correctly. I picked it up last week while this site was down and I consistently couldn’t get above 3.9 giga bits per second throughput to the T1 node I have leased.

The tech rep suggested increasing the phone’s memory to 8 Gigabytes. That would use up all but $39 in my checking account, but he said if I did thta he could reduce my monthly rate to $699, with unlimited minutes. I think that was a good choice because one of the many featured of the phone is real time pinging of new posts and since it is waterproof I can moderate in the shower. That alone should increase my efficiency by about 30%.

I will complete the details of my weekend later as I have to spend the rest of the day researching which newspapaer subscription plan (and which paper) would be best so that I can start studying the classified ads to see about starting to get the process of beginning to perform the initial phase of a lengthy eliminations process of starting to look for a job.

I already know that a W-2 job is out, so I will make a note™ to only scour the portions of the paper that I ultiately select for those listing of the most promising professional paths that I should select.

I am considering a subscription to either the LA Times (huge circulation numbers) USA today (color), Chicago Sun Times (delicious writing), SF Chronicle (kindof™ a long commute) or maybe the Roseville/Antelope Observer. Someone said their™ might be another paper in the Sacramento area, but I was talking to a guy who said he heard their™ wasn’t for about 5 years now.

What are your thoughts?

...



Follow up ideas:

To try and track expenses better™ I went to Borders and bought some books on C++ programming. I know it sounds like an expense I shouldn’t incur right now but I am looking at it as an investment in my future. I beleive that if I channel my 9 to 5™ efforts back into my computer skill set.

Once I decide whick of the nine books to prioritize into first place on the reading list (I may not be able to get to that this week because I am still networking my team of highly skilled professionals™) I will begin reading. After that, I am envisioning making some sort of an arithmetic version of a pad of paper.

Stay with me on the technical details. It would consist of rows and columns that could be filled in with numbers (in my case expenses) and labels for essentials™ (such entertainment, cable TV, stereo equipment, web hosting, etc.) along with the ability to do simple arithmetic, like addition, subtraction etc. If I can make this work, I feel it will be a very lucrative endeavour. I think that the computational world is on the verge of needing something like this.

I have already begun making a list of names for it (since I am a big picture™ person, the marketing isde must ever be overlooked or it will falter and the product will never materialize).

Here are some suggestions:

e-paper™
Electro-pad™
Note-a-calc™ (I think that one sounds to™ complex)
Handy scratch™
Math-o-matic™
Calc-u-lose (Like cellulose fibers, but it calculates? get it?)

Anyway, I will have much more free time to work on naming my invention soon. Many of the members of my team™ have chimed in with suggestions, but I have asked for the sake of avoiding any copyright or trademrk infringements that they submit them in a sealed envelope that will be opened later. In the mean time, I have placed them on the top of my mail pile which signifies their importance in being on th every top. Once again, I beleive in the “touch it once” philosophy of organisation™.

I feel blessed to have been struck with such an idea of greta importance. I think that my row and column concept will be a hit. $384 for tose books was alot™ but in the end, I could make thousands off of my efforts.

Today I saw a new number on caller ID (instinctively I pressed “ignore” on my cellphone). After the voicemail message was recorded I retreived it (along with 19 from Cashcall™ this morning alone). This was from my broker, ExcelsiorTrade™. It seems that since my stock has been going down I was receiving a margin call.

I am not really sure exactly what a margin call is, but it sounded like I either have to bring in more money or I have to sell some of my stock. Since I am down I do not want to sell (buy low and sell high, right?), and after going to Borders I am in no position to put any more money in the account. So I wonder if I can just let this go maybe 30 days late and then call an negotiate some sort of a schedule to put the money back in in installments. Since they only charge $0.99 per trade they don’t sound like they have alot™ of overhead so I am sure I can reach some reasonable person to work out a deal. I know what you are saying, I should have read what I was signing and I should have had a beter understanding of what buying on margin is, but it was an impulse buy (Amy the realtor™ told me abut it and I just pulled the trigger). I will make a note™ to do better due dilligense™ in future deals.

I will post a picture of my new Binford 9000 web based internet/video/real time web sync server-phone shortly. The problem I am having this afternoon is getting the right resolution set. The maximum resolution is like 11.8 Giga Pixels (it was originally developed to have applications in outdoor advertising, underwater photography and geophysics), but at that resolutions, it will swamp my server. At maximum resolutions, it will produce a 30 x 55 image (that’s meters) in true 256 bit color. Once I get the resolution issues resolved I will post a picture.

Anyway, I took a roadtrip this weekend to clear my head. I have been swamped and overwhelmed so It felt good to get a way™ from the rat-race. I drove the Bio Bunny™ to the Stockton Asparagus Festival (what could be more modified vegan™ than a festival celebrating a vegtable?). It was very fun to see all of the arts and crafts, the displays (Pulte Homes and K&B Homes had especially impressive displays; note to self: their product looks superior, maybe I should buy one and attempt a flip with one of my new hard money sources?). I fully intended™ to sample some of the asparagus dishes, but I accidentally™ got in the wrong food line and wound up in the “Asparagus Beef Sandwich” line.

It was a tasty and wholesome blend of tri-tip and asparagus (modofoed vegan™, right?. Later in the day I was hungry again and I thought I would try a fire roasted corm on the cob. Again, I misjudged™ the line and wound up next door at the Korean BBQ booth where I enjoyed Korean BBQ beef on a skewer. I figured itas all good™ bcause I had intended™ to eat the corn, and didn’t fully appreicate™ that the line I was in didn’t offer vegtables. At least their™ was alot™ of protein!

The one booth I did get right was for fruit smoothies. The sign advertised “Nutricious, delicious hormone free, free-range berry smoothies”. I Admit that at $8.00 it seemed a little steep, but since I was paying cash their™ was no way to incur a $30 overdraft fee™. Sweet™!

At the end of the day I was very tired and decided to drive home. Because I was unfamiliar with Highway 99 (I had only drive it twice to visit the Modesto property™ months after I purchased it (so I could see what it actually looked like), I made a wrong turn after dark near Mack Road. I didn’t get back home till after 11:00PM and missed one of my networking meetings. Now I am sure some of my highly trained professional team members™ will be disappointed that I didn’t fully respect they’re™ time. I made a note™ to appologise no later than Thursday. G™ was mad that I didn’t take her and that I didn’t call. I explained that in my haste to get out the door I forgot to take the phone manual with me and I could not use the retinca scan or fingerprint biometric features to unlock the phone. I had 36 voice mail messages and 29 unanswered calls. I have to get more organised™.

At any rate, I spent the balance of this afternoon reading the dust jackets of my new library of C++ books to decide which one I should put on the top of my reading list.

Any thought on other C++ programming resources?

Wholesaling Properties, Assigning Contracts; Seminars

Whew. What a weekend! It seemed to go by in a flash. Now its back to the grindstone. Monday morning here I come.

After my sweet™ success™ in North Carolina, I am seriously considering the texas offer. I feel confident that my little stumbles™ are behind me now. The value of my guru’s™ education is starting to payoff™. I think I might contact Dave in Davis to see if I could take another roadtest of the BioBunny™ to Houston. Because the Txas market never overheated like California, Arizona, Utah and Nevada did it is a nobrainer™ that Texas is poised to be the next big fast way to riches™.

G™ is a little skeptical. She thinks my success in NC was just dumb luck and that I should get a real job. I told her that it was not a random event, that the failures™ I experienced really did allow me to fall forward™. I think I should do more.

Since I had so little time invested™ in the NC assignment, and I did the whole deal from start to finnish™ in a little over a week, I feel confident that I can easily handle 5-7 of this type of deals at any given time. Using my new one-touch™ organising system, I am more organised™ than ever.

I recently received an email from a blog follower in Guam. She said that because of the big hurricane their™ awhile back, there is an extremely active real estate market. I think I should consider fome assignments in Guam. She emailed me some pictures of some hot deals, and I think that with prces between $11-19,000 for large estates I should get involved. I mean where’s the risk? With technology today, she can just email me the photos and I can get an internet connection for my phone to develop a new network of highly qualified professionals™ in Guam. I am a little uncertain of property lwas in Guam so maybe some of you could post here to get me up to speed. I wouldn’t want to impulsively™ jump in to™ quickly.

If I could be doing 6 US based deals (I hear the east cost is the place to be, or Texas or Montana) plus another 4 in US Territories, if each averaged $500, less maybe a $50 finders fee, I could make $3,000 a week. That would be sweet™.

I haven’t told G™ about Guam yet. I want it too™ be the BIG surprise.

I can tell. I am going to be very blessed™. This is the brake™ I have been waiting four™.

What do you think?

Also, to you haters™ out their™ getting a but harsh on my comments about anaesthesiology. What I was trying to point out is that anaesthesiology dates back to the days of ether well over a centurty ago, and is not that complex. I seemed like a wast of valuable equity™ to spend on a college degree that would take years to use instead of leverageing™ that same equity in real estate.

What’s missing?

Short Sale, After Foreclosure, Book, GSPG, Etc.

Hi Guys!

You’ll note I was an early riser™ today! I have decided to place my focus on what I have had success with and to ignore the parts of my enterprise sulutions model™ that have had sub-optimal modalities™ In a nutshell I want to channel my successes into a lser-like focus and disregard the rest.

I had a nice meeting with Amy™ the Realtor® this morning. I wanted to patch thing up because she was kindof upset about me putting her photo on the website awhile™ back. It seems some of you haters™ were sending her inappropriate comments. That’s not cool. I only want sweetness™.

Amy said that although property values are down about one-third of one percent and sales volume is about 5/8ths of a oercent behind last year, the continued low interest rate environment still makes now the right time to by™.

We had a deep and philosohical discussion about real estate and life in general. She was saddened to hear about my foreclosures and a little iffed that I didn’t use her for the short sales. She said she had writen me several letters of solicitaion, but I had igneored them.

I tried to explain to her that after I read 101 ways to get organized, and after I started following the suggestions, that I had all of my mail categorized. I told her that I scheduled April 1 as the day to begin opening™ it, but because there was so much (nearly 4 months worth), I hadn’t found a time to start. I left out the part about Cashcall, because I wanted her to think I still had enough juice™ to swing a deal™.

When the meeting was over it was all good™ until she asked why I was driving a Jetta instead of my BMW. She accepted my explanation that it was in the shop getting some sweet™ 22’s™ and spinners. Because of the particular type of wheel I had specified they were on backorder and I was using G’s™ sister’s car. It was all good™.

I feel confdent that she will bird dog™ some sweet deals™ for me. Especially when I told her I was upping my finder fee to $75 ($100 for an apartment).

The book deal™ seems kind of iffy right now. I had no idea that it would take that much time to write (my goal is still to generate passive income™ and not just be passive). To get to 250 or so pages could take a week or longer. That is a really big commitment and I wouldn’t want to let anyone down™.

The corporate credit thing looks promising, but there are so many documets involed. It seems like the most efficient use of my time is to just find the places to sign, sign my signature and get them off my desk. G’s sister has offered to put them in envelopes and said if I had any money in my tip jar™ I could use that to buy postage.

What do you think?

The real reason for my interest in penny stocks is due to their huge growth potential. Look at it this way, if I buy Exxon-Mobil at $77.44 and it goes up $1, that is a return of a little over 1%. But if I buy GSPG at $0.0043 and it goes up $1, look at the huge proft! That would be win-win™. I would make back $1.3 million and me able to pay back the dirty pennies™.

I have spent alot™ of time studying the stock pages (well in excess of 45 minutes yesterday alone), and each and every day there are countless stocks that go up $1 or even more. I see no valid reason why GSPC won’t be one of them soon.

The Utah payment™ is very tiresome. I have expended much energy looking for it and I really don’t feel like looking much longer. I mean, what the big deal with 1 payment? I mean the bank is going toget™, what, 360 of them. Why not just 359 and quit bothering me. I don’t yet have a special investigator of my team™ of highly qualified™ professionals yet™. Darnell™ said he know of some people so he would ask around for me.

So here is the question for you about the book. What length should it be, what topic and should I include pictures?

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Update! Update! Update!

I was at a local bookstore today to see if they had a copy of “1001 simple mistake novice real estate investors make and how to avoid them” when a group of small children came in. In an instant, the idea center™ of my brain kicked into high gear.

I can now say with great ambiguity that I will be writing a children’s story bokk on how to become a successful real estate investor.

With my background in real estate investing success™ and child development it was a no-brainer (now now you haters™). Plus it will have the added bonus of only having to be about 20 pages and maybe 500 words or so. I can’t wait to fly this kite™ past my publisher!

Someone on my team™ of highly educated™ successful™ professionals™ that a hot book could easily fetch a high 6-figure advanse™ or higher. With that I will be able to satisfy my cash call™ obligations and begin to repay every dirty penny™. I am going to surprise G™ with a romantic evening at Macaroni Grill™.

I was blessed with finding a homeless man with a shopping cart FULL of aluminum cans asleep. At $0.95 a pound, we can even hase desert™ after! It’s all good™.

The moderating might be alittle™ slow after about 9:30 tonight if thing look like they might go my way (if you know what I mean…)

Thank you to all og you and your incredible enregy and powerful aura’s for kkeping me focused at the macro high-energy™ can-do level™. I think Monday I should organize a time to schedule a meeting to get with my powerful team and brain storm the next exciting steps.

Nowledge is power!

It’s Official: Foreclosure Book Coming

Jade, #78

Wow. What can I say? I have been busy thring to get to the things I was going to get around to™. The haters™ kind of have me down, and my spel checker™ is acting up (see #77 above).

I fully intend™ to post again soon. It is reely hard trieng to look up spelling words. but stand buy.™

Corporate Credit Seed Money Paid Off

Look all of you haters™ are not really listening to what I say to you. I will give the details so you can see that what I am planning to do will be a sweet™ way to put together a win-win™ deal for all involved.

I actually have 2 new corporations. The idea is that C1 will (once I establish my corporate credit™ - days away!) buy a property. I am thinking that C1 will buy either Larchmont™ or Burdet™ from the lender, because a) I can get a really sweet™ deal as an REO purchase, and b) I am familiar with these properties. I feel strongly that I have learned from my mistakes™ on these properties and if I can now but them at 30-45% below market allowing me instant equity!

OK, so C1 buys Burdet™ and immediately executes a sale/leasback to C2 thus establishing an asset for C2. C2 can then collateralize that asset in order to buy Larchmont™ from Lender2. Lender2 will only be very happy to have Larchmont™ off of their books and thus will give C2 an extremely favorable purchase price.

I plan to use the services of Darnell da Realuhter™ (I met him last week and he’s really cool) so that Lender1 and Lender2 never learn of my identity (I am not so sure that they woud want to complete the transaction if they knew, but this is my plan so I can pay off every dirty penny™ that I owe.

I came to meet Darnell early last week durng my team building™. He is kind of a physically imposing figure, sort of like Mr. T, but without the mohawk and with more “bling”. After we discussed the particulars of the transactions, he suggested that as a goowill gesture he would discount his commission to 7.5%. That seemed reasonable given the circumstances.

Once C1 and C2 have assets, I will form C3 as a holding company. The holding company will then seek private equity™ (much as a hedge fund) to make an offer to purchase C1 and C2 as independent subsidiaries. The structure of C3 will either be an LLP or a Limited Partnership (I’ll decide for sure once I get to the end of the book, I’m only on the chapter about Partnerships now) and with the new structure of a holding company with private equity investors™ It will be a slam dunk to get a revolving line of credit from a bank (I may want to use Wells Fargo as a way to pay some of their dirty pennies™ back).

In any event I feel blessed™ that I live in a country that allows an individual to have multiple business entities under single control. Also, I am completely indebted to the many highly qualified™ members of my business team™. Without their singular expertise, none of this would ever have been possible.

I now feel confident that I can close on my first (of many!) apartment buildings by July (I have my eye on one in Norwood that is extra sweet™)

Negotiating CashCall, Credit Cards and Other Lenders?

Ok, OK OK! All of you Haters™ Quit piling on!!!

After I hit the update button, I went back and did the spell/grammr™ check thing.

Here it is fixed.

If you’re bored enough to click on the link and read what I spent someone elses™ hard earned money on, here is my misery. Please be kind and don’t doit™.

CashCall call is one of my plentitude of unsecured lenders. It’s way more than the original $10,000 loan that is now at 99.44%™ interest. It was taken out about a year ago to keep up my standard of living™ and hope to God that the real estate market rebounded like all the realtors® said it would.

Also, if you dig through the archives and figure out where I posted my financial statement spreadsheet you will see I have $175,000 of unsecured debt (lines of credit, credit cards, private loans, etc) which will take at least $10,000 to bring current. And then the minimum payments with current interest rates will be over $3,000 per month. I have been meaning to update this, but I have been very busy networking™, building my team of trusted professionals™ and scheduling my various late night business meetings™.

One of the haters™ posted a while back that a couple of the accounts likely should have gone to collections by now. Keep in mind the I have been so busy conducting my business meetings™ that I simply have not had one spare minute free with which to update the spreadsheet. Yes I know that it should be a priority, but my team of trusted advisors™ is so close to completion that I can’t stop putting together these key positions. This probably means that the unsecured debt numbers and amount to bring current are so recklessly disconnected to reality as to be meaningless. I’ll make a note™ to put this update on my list of things to do™. Soon.

Most of the money was used for lving large, well beyond my means and trying too™ look like a tycoon. Sue there was plenty of bling and many specialty multi-vitamins (as you are well versed now, a modified vegan™ diet can leave a low level of certain important nutrients in the body. Some, like vitamins C4, C14, and H2O are vitally important). Yes there was essential travel (the Burdett™ Realtor’s® office was somehow inexplicably located on Kauai) floating mortgage payments (I’ll make a post about thesailing yacht vacation in Aruba next week) and some living expenses (Krugerands are way sweet™). I don’t know exactly how much went where yet. We have some of the receipts though and are still organizing the books for 1998.

Here are some questions for the community. Reply in comments:

How did I block certain phone numbers (CashCall) frmom even ringing on my cell phone?
What could have I done worse?
What should be my ideal multi-vitamin and how much animal protein can I consume and still be modified vegan™?
Is it even worth opening my November mail at this point?

Thanks for anonymous IamFacingForeclosure fan for the CashCall call transcript (the $680 money order was mailed today):

Keep reading →

Nigel Swaby and Foreclosure Help Site

Ok, you guys are a little bit testy this morning. I took LinelyGirl13’s advise™ and ran my posting through a spelling/grammer™ checker. Here is how it should read (I have t make a note™ to be a better proofreder™:

Man did I get slammed by Nigel Swaby. He litterally ate my lunch and cut my heart out with a dull knife while he sat on my chest watching TV. I so desperately wanting this blog to turn into something - anything at all, and I am a complete useless tool. If you want to read some of the scathing comments he had to say you can go to his blog. I’m toYeah things didn’t work out with Nigel Swaby helping me turn this blog into a foreclosure assistance site. See more on Nigel’s Don’t Hate Casey blog.

What can I say? He called me for what I have become. At every turn as I tried to blame anyone or anything else he shut me don. Each and every time. He’s a real prick, but man was he spot-on. I have to admire him for his candor. If it is the last thing on earth, I’ll never be in his company again.

I keep striking out in any venture I attempt. I continue to be impulsive and keep taking my eye off of the ball (well, every ball except the Blue Ball [that reminds me, I completely blew off AB™ yesterday. He was going to meet me to pay for Blue Ball™. Crap]). My relationship skills are no better now than when I decided to become a real estate titan™ almost a year and a half ago. It’s like “ready, fire, aim”. Damn.

Nigel blathered on and on for over an hour before I finally hung up on him rather than to continue to take his diatribe-like abuse. That’ll show him. I call that WIN-Win™

We couldn’t come within a mile of agreeing on any aspect of doin a eal together. He wanted to maintain control and essentially use me for menial tasks. Right. I am way more valuable than that. In the end, when I hung up on him I realised™ that there was little hope in going back. I pretty well screwed the pooch on that one. Man I’m broke™.

I still want to try and turn this piece of cyberspace into some sort of get rich quick hairbrained idea. Even with the wretched and vitriolic comments, ther’s gotta be a pny in here somewhere. I just want it to be fast and automatic. Nothing on my part. What a friggin curse this place has become. I don’t want to do it by myself. Maybe someone will do it for me and let me have the $$$.

I need people around me to complete my tasks. I just want to be the idea guy and then have others execute for me. That’s all.

I doubt seriously that there is a single solitary person who would agree to do that, but maybe Barnum was right?

Any takers???