Forums O' Fun

CaseyHaterz.com is a cool new community started by long-time Casey Serin 'hater' The Dude.

The site is mere days old, having launched on the auspicious date of 7/7/07. Yet in three days, the CaseyHaterz forum already boasts over six hundred registered members. The Dude has confessed that he's been a bit astounded by the turnout. Here's what he has to say about the community:

Anyone who's followed the Casey Saga knows, Casey himself labeled anyone who doesn't support his activities a Hater and nothing could be further from the truth. Haterz don't hate Casey, they disapprove of his actions towards his creditors and his family. He meant the term as an insult, but we elevated it to a badge of honor; standing up for what is right.

Casey tries to blame everyone else for his problems, but the fact remains, he and he alone is responsible for any issues he's facing.

Supporterz and Haterz alike are welcome here. We value all points of view and differing opinions. To join the conversation, you must first register an account. Follow the instructions, return, login, and join the conversation.

As The Dude implements new software changes, CaseyHaterz may have been inaccessible for a couple of hours today. If you, like me, are already a registered user and having trouble getting back into the system since the changeover, try the following:

1. Click here to be taken to the CaseyHaterz main page.

2. In the upper right-hand corner, look for the Log In link.

3. For me, my user name and password didn't work. If you're having the same problem, click "Have you forgotten your login information?"

4. This will prompt you for your user name and email address.

5. Within seconds, you should receive an email from CaseyHaterz with the subject line "Request for Password." If you do not see a response immediately, check your spam and bulk folders.

6. Use the temporary password with your already-existing user name to log in.

7. You will most likely have to upload your avatar again.

Good luck and happy snarking!

More From Dustin Haywood

I said yesterday that Dustin Haywood, previously referred to as “Rich Dad’s Son” at “I Am Facing Foreclosure,” is perhaps the antithesis of Casey Serin. While the two are close friends, Dustin has followed a far different path than Casey Serin.

Of course, I didn't know that at first. And in one of our early emails, my fraud meter went off when Dustin Haywood mentioned that he had sold a significant quantity of homes over the past several years. Considering that he would have to be about the same age as Casey Serin (24, give or take) this is a remarkable accomplishment no matter who you are. Unfortunately, in the context of the Casey Serin story, it is also suspect. I had to ask:

Aspeth: When you say that you’ve sold 45 homes, I’m curious as to what exactly that means. Were they homes you sold for someone else? Flippers? FSBO’s? Doesn’t the California Department of Real Estate require that someone who sells over (x?) number of homes in a year be licensed? Are you licensed?

Dustin Haywood: My father is licensed, I am not. I might get a license in the future, but at this point my activities don't require a license. I spend most of my time generating leads, overseeing the work of our independent contractors, handle tech support around the office, monitor escrows, and a variety of other responsibilities that go into running a business of this nature.

Frankly, since I’d already looked for a DRE license for Dustin, I was happy to get a straight answer from him. (Sorry, Dustin. I’ll admit that I wasn’t yet giving you a lot of credit at that point.) In my defense, who knew that it was possible to get a direct and honest answer in Caseyworld?

Going back to Dustin Haywood’s first appearance at “I Am Facing Foreclosure,” he certainly came across as a huge cheerleader. Casey announced that he was going to work at the “Local Rich Dad” office and the crowd went wild. Everyone smelled another get-rich-quick scam or guru action. Dustin came on to explain some things further:

39. Dustin A.K.A. Rich Dad's son
October 22nd, 2006 at 8:50 pm

Hey, I’m the dorky looking guy in the picture in front of the car. Although I have been following this blog since it started to get really interesting about a month or two ago, this is my first comment as I really haven’t had anything to say that hadn’t already been said over and over again by all of the armchair life coaches out there. Now that Casey has moved into our office I think it is appropriate to add some context to Casey’s story and also answer some of the skeptics out there.

Our Motivation

Yes, part of the reason why we are helping Casey help himself out of his mess is because we think other people might appreciate the opportunity to get a “hands on” Real Estate investing education from us at some point. As a reader of Casey’s blog you’ll actually be able to see how Casey’s thinking and real estate knowledge evolves over time and hopefully reaches the level of sophistication required to be successful in this business. We’re not going to muck up Casey’s blog with our BS, even if we wanted to Casey has too much integrity to allow us to do such a thing.

Another major motivation behind our alliance with Casey was his IT skill set that we are starting to desperately need to keep up with the times. Casey has agreed to help bring us up to date in this department over time.

Rich Dad or Cheap Dad?

Whatever Casey or you the reader wants to call him, it’s fine by us. My father is happy to help Casey with or without the attention from this blog. I’m sure his idenity will be revealed in time but he’s not quite willing to out himself quite yet.

The Cheap Dad comment isn’t accurate at all; he’s probably the most generous man I know. We didn’t give Casey a job for a reason: We have exactly ZERO employees and we’d like to keep it that way for now. Everyone is on commission or is contracted out as needed. If I can’t pick up a check every two weeks from my dad, Casey can’t either.

I’ll stop here for now. I’d like everyone who feels like they need to give Casey a hard time to lighten up a little about it, maybe even have a sense of humor about, we certainly do. He’s made some serious blunders this year and has gotten himself in more trouble then most of us will ever face, what kind of person would think it is appropriate to kick a man when he’s down?

Anyway, this blog will continue to be Casey’s creation, not mine. If I have anything to say I’m happy to do it here like everyone else. I think you’ll enjoy the content a whole lot more now that we’re in the picture. I honestly hope everything works out for the best, try to remember: The future has yet to be written, anything could happen at this point and your guess is as good as mine, but if you want my opinion I think this is shaping up to be a great come back story already.

Now before everyone freaks out, please remember that this was in October of last year. Casey Serin had yet to demonstrate a lot of his more unlikable qualities. He hadn’t yet been foreclosed upon multiple times, and he certainly hadn’t fled the country, leaving his wife to answer creditors’ phone calls. I truly believe that Dustin Haywood and his father were (and still are) sincere in wanting to help Casey Serin get back on track.

Aspeth: You and Casey Serin are approximately the same age, yet you have sold 45 homes while he has lost six houses to foreclosure. How did you and Casey approach the same industry with such drastically different results? I ask because that creates such a glaring contrast between the two of you, and puts you in a unique position to talk about the path that you observed him traveling.

Dustin Haywood: Well, when I met Casey in 9th grade, my father was essentially "set for life" financially. He knew the story of my father's success and I'm sure admired the freedom he had. Casey was a pretty sharp guy in high school, he got good grades, graduated a semester early, and as far as I can recall, kept his nose clean. He was able to teach himself a variety of computer and internet skill sets during this time and found decent paying IT work easily right out of high school. At one point, he even helped me get one of my first jobs at a Geek Squad type company that never made it off the ground.

As far as how the two of us approached the industry. I'll start with myself because I got into the business quite a few years before he did. Growing up I never intended to work for my father, I didn't even think it was even an option. In fact, when I graduated high school and started college, he was not actively investing in real estate.

During the year or two I attended college he attempted to start up some of his real estate investing techniques, but those efforts never led anywhere, as he tells it, he just didn't have the same drive to put in all the effort required to get the operation off the ground. Later that year, I was getting tired of college and was anxious to get my career started.

Without knowing if we would have any success, I offered to help my father with all of the tedious aspects of real estate investing in exchange for a percentage of any profit we made, and to my surprise he took me up on my offer. It took nearly 6 months to find our first "deal", meaning your typical fix n flip. Most of our buying and selling activity was between the summer of 2002 and early 2006. We saw the crash coming and got out when we could. We're currently in "buy and hold" mode and probably will be for quite some time. We see some great buying opportunities on the horizon.

In contrast, Casey decided to go it alone. He didn't have a mentor to teach him so he went to a lot of seminars and bought a lot of crap from gurus I explicitly warned him against. He even called me one time while he was attending a seminar to see if he could borrow $50,000 from me for some advanced seminar they were offering for some limited time of course. For the record, I told him no.

The biggest problem he had was that he was literally buying all of his "deals" at the top of the market. His second biggest problem, regardless of what the market was doing, was that he was overpaying, they were at best marginal "deals". He of course went on to make all of the other typical mistakes new investors tend to make, i.e. buying out of state, overpaying contractors, buying too many at once, etc...

Dustin mentioned in an early email to me that “Whatever you have said about Casey, I've said far worse to Casey's face.” I remembered a comment that Dustin left Casey at IAFF. I considered his remarks in November of 2006, and thought it important to include:

101. Rich Dad's Son
November 27th, 2006 at 3:49 pm

Come on Casey; If you’re turning to crap like “The Secret” for answers, you are barking up the wrong tree… again. There is no secret, no magic bullet, and no magic genie that will lead you to happiness and success.

You should be beyond the the Tony Robbins positive thinking stuff by now. (Besides, I think all that positive thinking might have hurt you more than it helped, but that’s just my take) Time to hunker down and do some real personal development. Check out “The Teaching Company” (teach12.com) - Maybe start with some of their economics lectures and go from there. (Science, Philosophy, History etc…)

Good luck, keep fighting, it’s not over yet!

Coming from anyone else, that would quickly be dubbed Haterz talk. So I wanted to ask Dustin what he thought of the term.

Aspeth: On a lighter note.... Casey has called his critics "haterz." The haterz have then called Casey's circle "supporterz" and "cheerleaderz." Do you think either of these labels apply to you?

Dustin Haywood: Funny, you mentioned this. I was probably the original "hater" in the sense that I was highly critical of the path he was taking during the early days of his real estate career. One night he called me asking for $50,000 dollars to purchase some "advanced" real estate seminar. You can imagine my reaction!

As for the actual term "hater" I may have been the one to use that phrase first during a early conversation regarding the comments section. I can't be sure, and it doesn't even really matter, but I've enjoyed using common slang around Casey because he originally spoke English as a second language and is quick to use and misuse his newly expanded vocabulary.

Am I still a Hater today? Probably so, but I still can't help but root for the underdog.

There’s more to this story, but this is already a long post, and there are still some holes that need to be plugged before I can continue. I appreciate your patience while I wait for Dustin’s response, and just want to remind everyone that he’s a successful entrepreneur who’s working his tail off. He hasn't gone all "pro blogger" on us, so he's not necessarily able to answer questions straight away.


Meet "Rich Dad's Son"

Casey Serin's distorted half-truths and outright lies have many people coming forward to tell their side of the Casey Serin / "I Am Facing Foreclosure" events. Dustin Haywood, often referred to as "Rich Dad's Son" at IAFF, is one of those people.

Early readers of "I Am Facing Foreclosure" will recall that "Rich Dad" and "Rich Dad's Son" came into the picture in late October of 2006. The premise was that a high school friend's father was a successful real estate investor and had offered Casey Serin the opportunity to work alongside successful entrepreneurs and hopefully learn the fundamentals of business from them.

Casey Serin was to provide some technical support to the business and in return was given free office space. Casey took to calling the would-be mentor his "Rich Dad," after the Robert Kiyosaki book. His high school friend became, by extension, "Rich Dad's Son."

Around the beginning of June, I got an email from Dustin Haywood.


Hi, I'm the character known on Serin's blog as Rich Dad's son.

I like your take on the whole deal and I was wondering if your readers were interested in hearing from me?

Maybe I could help flush the story out for historical posterity as I have had a small yet influential role in all of this.

I haven't had the time to keep up with his blog as much as you and most of the regular readers/posters have, so there will be many things I can not comment on. I also have only seen or spoken to Casey a handful of times since he moved out of my office early this year. I can speak to how Casey and I met and became friends, what Casey was like in school, what renting a room out to Casey was like, how and why we grew apart, exactly how and why I helped him.

Don't expect a lot of venom from me, I still consider Casey a friend and I hope things work out for him.

Just so you know, you are the first and only blogger I have attempted to contact about this. If there is any interest, please let me know.

Me being me, I was naturally cynical and decided to ask a few questions. After all, I've never sugar-coated my belief that Casey Serin is a criminal and should be incarcerated for his crimes. As a friend of the fraudster's, particularly one whose father had played a guru role to Casey (according to Casey Serin, that is) why would he want to make nice with me?

Here's how the conversation with Dustin Haywood started out:

Aspeth: Thanks for the note. To answer your question, yes, I'm sure people would like to hear from you. My question for you is, why do you want to fill in your side of it? Why now?

Dustin Haywood: I noticed just the other day that my identity, along with my fathers had been revealed on Caseypedia and I'm sure elsewhere now as well. Now that we are "out of the closet" sort of speak, I'd like the opportunity to tell our side of the story now that our name is attached to it. I also understand a great deal of people find entertainment value in Casey's saga (I know I have), and I would like to reciprocate some of the enjoyment I've received from the community. I'm also a real estate insider, having bought and sold over 45 homes in the Sacramento area since I got started in this business 6 years ago, not to mention having the opportunity to closely observe my father grow his business during the last bear real estate market of the '90s. In that regard, I might be able to answer real estate related questions as well.

Aspeth: I'm glad you like my blog, but I'm sure that you've read some of my more unkind posts about Casey. So, while I would never expect you to adopt a similar tone, I'm curious why you would want to go through me.

Dustin Haywood: Whatever you have said about Casey, I've said far worse to Casey's face. Casey knows how I feel about his actions, but I see this period of his life as a dark time that many people face at some point in their life but eventually passes. The only difference is that Casey is allowing people to watch and participate on a grand level. I'm sure if he ends up going to prison, living in exile, or somehow pulling through, he'll be a better person because of it. The pressure he's been under the last 6-12 months is an unimaginable burden that has led him to make a lot of bad decisions and hurt of a lot of people around him. I know Casey, he's a well meaning person and a good friend, if anything he's a dupe and a patsy, not a criminal mastermind. Hard to hate someone you pity.

I wanted to go through you because of your intellectual appeal. I share many of your interests and appreciate your sense of humor. As far as your tone, I wouldn't be writing you if I thought it was over the top, you have every right for moral condemnation, as do all the so called "Haterz", but you go a step farther and try to determine what makes Casey tick. That's why I've come to you! I think once people understand what drives Casey, they will be better able to understand his behavior, and perhaps in a way their own. Correct me if I'm wrong, but I can think of no better blog then yours to help further that discussion in a meaningful way.

Aspeth: If you've followed the goings-on with other former associates that have come out to tell their version of events, the response from the so-called "haterz" has been overwhelmingly positive.

Dustin Haywood: I have pretty thick skin, but the haterz really don't have a legitimate reason to hate me. I did what any decent person would do by extending some help to a friend in need. Don't get me wrong, I wasn't being completely altruistic as I was also betting my time and money that Casey would bring value to our business sometime down the road. Casey didn't rise to the challenge to put forth the effort necessary to make money for our business, thus he received nothing besides a free office for a couple months, as well as advice and direction, similar to the kind the "haterz" have been espousing and Casey has been rejecting.

Aspeth: There are probably details and minutiae that people will want to know more about. You might not be comfortable with some of those questions, particularly if they relate back to your father’s business.

Dustin Haywood: I'll be happy to answer intelligent well meaning questions about myself and my part in this story. My father is the most ethical, well meaning, squeaky clean person I've ever met, so he has little if anything to hide. If there’s any question about his privacy, I’ll run it past him first.

And since my name is now public, we can use my name. I always thought the Rich Dad moniker was kind of cheesy anyway.

I’ve been corresponding with Dustin for the better part of the past month. My impression of him is that he’s intelligent, well-spoken, and incredibly level-headed. He has responded to every question I’ve asked him in a deliberate and thoughtful manner, sometimes incorporating topics that I wouldn’t necessarily have considered germane.

But in Dustin’s telling, we see a more rounded view of Casey Serin. I don’t know that anyone’s opinion will change from reading Dustin’s take, but it’s a chance to see Casey through the eyes of a close friend—one who obviously still cares a great deal about him, and wants him to succeed.

I do think the ‘haterz’ will have a newfound appreciation for the nebulous character known as “Rich Dad’s Son.” He’s not a character, not a scammer, not part of some wannabe guru family. He is, in my opinion, a hard working, bright person who provides a sharp contrast to the ideals and implementation of Casey Serin.