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Recent content by RealOG

  1. RealOG

    The 2015 Fastlane Meetup Pre-Plan Discussion (formerly B&P)

    MEETUPS 
    I didn't see all the responses, but I would propose a panel about Real Estate Investment and Crowd Funding. I would love to see topics around sourcing products overseas, selling wholesale, and effectively using tradeshows.
  2. RealOG

    "Dessert" will never be the same

    EXECUTION 
    Three things you should consider: Fitness fanatics' palates are incredibly forgiving. Just because the average person thinks it taste like gasoline, doesn't mean it won't appeal to the fitness community. Protein shakes aren't just for post workout. Many active bodybuilders supplement two or...
  3. RealOG

    Just launched my first web store!

    WEB/DIGITAL 
    For those of you still following... We are on track to more than double our business from last year... on frickin adult big wheels. Feels like we really nailed a niche and are catering well. Now we just need to expand. We are moving into retailers as well as some larger corporate deals. If...
  4. RealOG

    Restarted My RE Investing Blog

    REAL ESTATE 
    Epic deal - the best ones are usually the most complicated. Funny we continue to tell investors, "Don't expect another home run," then hitting it over the fence again. D and I still regret not listening to ya and buying more... I have a ton of content I've been saving up since the default...
  5. RealOG

    Restarted My RE Investing Blog

    REAL ESTATE 
    Took a major hiatus, but it's back online. Real estate investing is not dead! http://www.cabalinvestments.com/blog
  6. RealOG

    Is This a Viable Startup idea?

    IDEA 
    That is how I got started in real estate - buying a house and renting out the spare bedrooms. Best thing I ever did. It was pre-fastlane forum, pre-rich dad, etc. Had to guide myself through it, didn't have any support. Another, less capital intensive method is getting the master lease on a...
  7. RealOG

    What's ethical?

    MINDSET 
    Ethics are a very personal thing and everyone operates to their own separate standard. Would you be okay with someone doing the same thing to you? If the answer is an honest "yes," I say go for it. If I do judge someone, I generally try to judge them based on their own beliefs, not mine.
  8. RealOG

    Insufficient funds.

    HOT! 
    If you can't raise $15k, how am I to trust that you're analysis of $100's of millions/billions is anywhere in the vicinity of realistic?
  9. RealOG

    Apartment Investing

    REAL ESTATE 
    Most commercial loans are based off the performance of the property, not the income of the individual. When you are borrowing large amounts of cash, the banks know your measly W2 job isn't going to cover the debt service. Banks care about debt service coverage ($1.25+ of net operating income...
  10. RealOG

    Just launched my first web store!

    WEB/DIGITAL 
    You guys should have been at B&P 2014 to get a full wrap up. The short of it: 2013 was a big year. Cleared $100k in gross trikes sales, set up overseas manufacturer, customized our logo/instructions/branding, got registered with our brand, and did two celebrity trikes and a successful KS...
  11. RealOG

    Mark Cuban Made Shark Tank Change its Contracts

    The show is filmed and the deals cut way before it airs. By the time it hits TV, the businesses have a huge head start and are ready for the publicity. Besides, if your business is a good idea why wouldn't you want to get the idea out to everyone?
  12. RealOG

    Hotel/Real estate investing - with no capital, is it possible?

    REAL ESTATE 
    One strategy that works well in this situation is a lease option. Basically you get a master lease on the building at some rate along with an option to purchase the property at some point in the future at an agreed upon price. You start operating the hotel and make the operations very...
  13. RealOG

    Just launched my first web store!

    WEB/DIGITAL 
    We funded! $45,247, which was about 7k more than our target. I think this might be the most successful campaign on Fastlane... Learned a ton and know what we would do differently next time. A HUGE shout-out to our FL superfans for contributing to the campaign and helping us grow this thing -...
  14. RealOG

    2013 Beer & Pancakes

    MEETUPS 
    Both Kenric and I are jammed with biz crap to do - so Kenric and I will be meeting with Andrew, Jason, and Boris to get this thing up and running. Andrew Alexander forceably volunteered that crew... :) We will get details out by October 1st. FYI - there is a good chance we will be doing a...
  15. RealOG

    Just launched my first web store!

    WEB/DIGITAL 
    We funded this weekend, ya'll! Great news, now we turn our focus to stretch goals and addons. What good is a custom big wheel if you don't customize it? If you get a chance, please check out our campaign, like it and share. If you want to support us, pledge a dollar and help boost our backer...
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