DISQUS

Webomatica: Facing Foreclosure on NPR

  • Dave · 3 years ago
    Day trading meet real estate flipping. I wonder what the next boondoggle will be in 7 years?

    That being said, I have a hard time feeling too sorry for guys like this. My main issue with folks like Serin is that greed ultimately gets the best of them. The dude wouldn't have been so highly leveraged if he wasn't seeing easy money dancing before his eyes.

    Just goes to show that there's easy money. But by the time you get around to it, you need to look in the mirror -- because you've become the easy money.
  • webomatica · 3 years ago
    I'm thinking my interest in Serin might just boil down to this: Schadenfrude (a term I first learned about after the .com bubble burst).
  • dean graziano · 10 months ago
    From how i see it, he's doing it wrong... he should be renting out properties instead... by packaging his homes as cash flow properties, he gets investors and renters to do the work for him.