Blogs by Bruce | Bruce Firestone

How many ways are there for Canadian real estate entrepreneurs to get screwed?

I am frustrated that Canadian real estate entrepreneurs have so few options when it comes to financing their projects. My

Why American businessmen and businesswomen are eating everyone’s lunch

I coach some fantastic entrepreneurs in the US, Canada and elsewhere. However, there is an experience common to entrepreneurs the

Animate a whole town

The story of Tamworth, a small town in Ontario “Animation” is a term I use to describe ways of adding

Fork in the Road – The People, Places and Pivots that Shaped Bruce M Firestone, PhD

Pivot – in the business world it means to shift. To move to Plan B when Plan A isn’t working.

The last 3%

Substantial completion (aka, substantial performance) in real estate is usually defined this way: When approximately 97% of work outlined in

The cat came back

This Xmas I am into handmade Christmas gifts as opposed to store-bought ones. So, here’s a story I wrote and

What are the best (legal) businesses to be in?

(Excerpt from Don’t Back Down, the real story of the founding of the NHL’s Ottawa Senators and why big leagues

What we can learn from Kris Kringle about competition

A client of mine, a top notch property manager (and, no, that’s not an oxymoron) who manages nearly a 1,000-doors

What’s the difference between a “project” and a business model?

As someone who has tackled hundreds if not thousands of projects, I know the difference. It’s why now as a

How much does it cost to remove 1.7 million tons of fill?

This is the wrong questions to ask. Why? Because every entrepreneur knows how to pull endless rabbits out of his

Getting rid of a bad tenant in Ontario is easy

Yeah, right. In an alternate universe, maybe, but in Ontario, land of the RTA, residential tenancy act, it’s hard for

Do you feel like you are part of TEAM OTTAWA?

City of Ottawa Official Plan Poll Results and Analysis by Bruce M Firestone, PhD Decisions by municipal government can be

So, you think you know cap rates

OK, you are a real estate investment whiz. Then see if you can answer this question about cap (capitalization) rates:

City of Ottawa committee votes in favor of Airbnb ban

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

Walking Small

I talk a lot about animation of individual properties–how to add new revenue streams to your real estate investment portfolio