Dec 21

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

By Bruce Firestone | Architecture , Design , Entrepreneurship , Finance , Real Estate , Real Estate Investment Coaching , Sales & Marketing , Sports & Entertainment , Urban Economics

(Excerpt from Don’t Back Down, the real story of the founding of the NHL’s Ottawa Senators and why big leagues matter) The most profitable businesses are either illegal (like drugs) or government-owned like property taxes, alcohol distribution (at least in Ontario and Quebec), utilities and lotteries (plus drugs, if you count legalization of cannabis in […]

Read more
Dec 16

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

By Bruce Firestone | Business Coaching , Business Models , Investing , Real Estate , Real Estate Investment Coaching

As someone who has tackled hundreds if not thousands of projects, I know the difference. It’s why now as a real estate investment and business coach, I preach using biz models instead of doing “projects.” In my day, I created over 1,200 home sites in multiple subdivisions, dozens of office buildings and shopping plazas, started […]

Read more
Dec 15

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

By Bruce Firestone | Architecture , Business Coaching , Entrepreneurship , Finance , Ideas , Investing , Real Estate , Real Estate Investment Coaching

This is the wrong questions to ask. Why? Because every entrepreneur knows how to pull endless rabbits out of his or her hat. So, what is the right question to ask? How do we turn a cost center into a profit center? This is what we did at Dunrobin Lake. We got permission from MNR […]

Read more
Dec 15

Getting rid of a bad tenant in Ontario is easy

By Bruce Firestone | Architecture , Real Estate , Real Estate Investment Coaching , Urban Economics

Yeah, right. In an alternate universe, maybe, but in Ontario, land of the RTA, residential tenancy act, it’s hard for landlords to acquire vacant possession. On behalf of a coaching client, I recently reached out to Brian Dagenais, founder of Dagenais Properties, and an expert property manager, for his advice on this subject. Here’s the […]

Read more
Dec 06

Do you feel like you are part of TEAM OTTAWA?

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 […]

Read more
Nov 17

City of Ottawa committee votes in favor of Airbnb ban

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 […]

Read more
Nov 11

Walking Small

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 […]

Read more
Nov 11

Warren Buffett’s secret sauce revealed in a single paragraph

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) […]

Read more
Nov 10

CFRA Experts on Call with Sean McCormick, Bruce Firestone and Dave Watts

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 […]

Read more
1 4 5 6 7 8 115
>