In Sacramento, Calif., not far from where prospectors sought quick riches in the gold rush more than a century ago, another speculative boom is going bust.
This time, however, it's not the lure of precious metals -- it's real estate.
"The market was hot, and I decided to give it a shot," said Casey Serin, a modern-day speculator who hoped to strike it rich quick by buying homes, fixing them up and then flipping them for a profit.
The Lure of Quick CashSerin said he has always had an entrepreneurial spirit. Born in Uzbekistan, the 24-year-old came to the United States with his family in 1994 and became a U.S. citizen nine years later.
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According to his attorney, Serin is currently under investigation by the FBI. His attorney, Kevin Mark Wray, told ABC News that "as of yet, no charges have been brought against Mr. Serin. However, based upon conversations with the U.S. attorney's office in California, federal charges related to Mr. Serin's real estate transactions are expected to be brought against him. At this time, my office is reviewing Mr. Serin's real estate transactions. Dean Graziosi is a NY Times Best Selling Author along with one of the top motivation and also real estate fitness instructors in the world.
If you have actually ever useded Dean on TV, on phase, or in a weekly wisdom on his website or Facebook, it is apparent the interest he has to obtain EVERYONE motivated to change their lives for the better. Unlike many supposed "Gurus" in the personal inspiration industry, Dean is accessible, doing offer after deal and absolutely consuming with assisting his pupils prosper in whatever it is they pick as their life objective.I have engaged an expert on mortgage law and mortgage foreclosure. I http://www.dreamking-productions.co.uk/why-to-invest-in-genuine-estate/
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