For SEO reasons, the full post is not here. It can be seen at my site.

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Last week I purchased Ramit Sethi’s new ebook, Ramit’s Guide to Kicking Ass. Much of the book is based off of Ramit’s post from his own personal finance and entrepreneurship blog, iwillteachyoutoberich.com. If you haven’t ever read his blog, I’d recommend checking it out. Although from the title it sounds like some sort of “get rich quick,” it is anything but that.

Anyway, Casey Serin, best known for accruing over $2.2 million in debt at the age of 24 from poor real estate deals, has a chapter in the book. In it he talks about how he accumulated the debt, what he has learned, and what he is doing now. (Of which one thing is writing his own blog).

Casey encourages people to “take a stab at it and fail a few times.” This seems like the wrong message to me. If you are going to try any real estate investing, whether that be buying a property to renovate, rent out, or even to live in, you really need to learn as much as you can and do your research.

I hope that wannabe investors look at his results thus far rather than just listening to his message.