By Bruce Firestone | Architecture , Design , Real Estate , Urban Economics
City of Ottawa Official Plan Poll Results and Analysis by Bruce M Firestone, PhD Decisions by municipal government can be even more important to individual residents than those made by higher levels—provincial, state or federal agencies. Noted urbanist Jane Jacobs called this the “subsidiarity” principal by which she meant that the closer government is to […]
By Bruce Firestone | Entrepreneurship , Finance , Investing , Real Estate , Real Estate Investment Coaching , Urban Economics
OK, you are a real estate investment whiz. Then see if you can answer this question about cap (capitalization) rates: THE QUESTION Let’s say you buy a duplex for $500,000 and it has a going-in NOI (net operating income) of $26,500 per year. That’s without any renos, new leases, or animations, ok? This is a […]
By Bruce Firestone | Business Models , Entrepreneurship , Ideas , Investing , Real Estate , Real Estate Investment Coaching , Urban Economics
[Note: feature image is international symbol for human rights.] So, a city committee has voted in favor of effectively banning Airbnb and other home-sharing platforms, https://ottawacitizen.com/news/local-news/dozens-sign-up-to-tell-councillors-what-they-think-about-proposed-crackdown-on-short-term-rentals This is a terrible decision IMHO. Three councillors voted against the ban: Stephen Blais <stephen.blais@ottawa.ca> Eli El-Chantiry <Eli.El-Chantiry@ottawa.ca> Matt Luloff 613-580-2471×26699′ <Matt.Luloff@ottawa.ca> I wrote to them (see below). I […]
By Bruce Firestone | Architecture , Business Coaching , Business Models , Design , Real Estate Investment Coaching , Urban Economics
I talk a lot about animation of individual properties–how to add new revenue streams to your real estate investment portfolio and boost your ROI and property value. But there is a whole other dimension to animation–how can you animate a whole neighborhood, indeed a whole town or city. If you learn something about property animation […]
By Bruce Firestone | Business Coaching , Business Models , Entrepreneurship , Finance , Investing , PB4L , Real Estate , Real Estate Investment Coaching
Think about it—Mr Buffett has been buying stock in well-managed, top brands for many decades. These stocks (for the most part) pay dividends, which Mr Buffett used to pay down debt he took on (through his principal investing vehicle, Berkshire Hathaway) to purchase these investments in the first place, which (again, for the most part) […]
By Bruce Firestone | Business Coaching , Business Models , Entrepreneurship , Finance , Real Estate , Real Estate Investment Coaching , Urban Economics
If you missed it, here’s Sean McCormick, expert mortgage broker, and Bruce M Firestone, real estate investment and business coach, on CFRA 580’s Experts on Call along with host Dave Watts… “I listened to Bruce on Experts-on-Call. I really enjoyed it. It was awesome for real estate investors just starting out. I especially liked the […]
