Thursday, January 11, 2007

Casey Serin and Robert Kiyosaki



This is a truly amazing blog and story. Casey Serin is younger than me--he's 24 and I'm almost 28!!! He has bought several houses. It appears two deals were good, and the others were bad. These houses are available on his website. Casey's blog has his extensive story about how he got in over his head. Here is a recap of his actions covered by an amazing USA Today article. Wow!!

Casey Serin has also had the opportunity to meet Robert Kiyosaki at his Arizona offices! I found these photos from his flickr photostream with a creative commons search.

Even after all that's gone wrong, Serin still has a gutsy 2007 goal--that is, $5000 is positive cashflow by the end of the year! Wow!

Secondhand doodads and the fastest game of Cashflow 101 ever!

This afternoon I spent $17 on doodads at Savers and learned I could have saved 20% if had brought in some donations as I entered the store, so I could have saved $3.40 if I had been more mindful, plus I shouldn't have gotten these doodads anyway!

It turned out to be the fastest game I've ever played--less than one hour from start to finish. I got a positive cashflow house on my first small deal even including borrowing the down payment from the bank! I borrowed the down payment for the second house and made a $65 000 capital gain on the first one. This let me get a plex and a pinball arcade on my next two turns so I could get out of the rat race. I won by rolling a 6 on a cookware infomercial investment which got me an additional $50 000 positive cashflow in the fast track to win.

I can't believe I didn't have any kids and was downsized only once!