World's Most Hated Blogger? It's Casey Serin, Poster Child of Flippers In Touble
What is it about Casey Serin? The flipper-in-trouble behind I Am Facing Foreclosure, Casey is deeper in financial trouble than ever, his marriage is on the rocks, and, according to CNET, he may just be "The "World's Most Hated Blogger."
The Backstory: Casey Serin, 24, of Sacramento, bought 8 houses in 8 months with no money down, but hasn't been able to flip them, has run up $170,000 in credit card debt, and is losing the houses one at a time to foreclosure, a process he documents on his bizarrely popular blog.
The CNET story: "Financial exhibitionism, coupled with a lack of penitence for stiffing his creditors, has transformed Serin into a celebrity among fellow bloggers. But unlike other online celebrities, Serin's stardom comes from a unique source: "haters" who patronize his blog solely to learn what financial missteps he's made today.
The Marriage Part: Casey's wife of three years, Galina Serin, is getting tired of his act. While she has been cleaning houses to make ends meet, he has been living on credit and recently took a solo "brainstorming" business trip to Lake Tahoe, hoping to keep alive his dream of "passive income."
