Sep 19

The problem with deposits and what is a legal agreement anyway?

By Bruce Firestone | Business Coaching , Entrepreneurship , Finance , Investing , Real Estate , Real Estate Investment Coaching , Urban Economics

Most agreements of purchase and sale have a number of elements in them— A (small) deposit which is credited on completion A down-payment (added to the deposit) on completion A mortgage in 1st place from a major lender And sometimes a 2nd mortgage seller take back from the seller or a 2nd mortgage from a […]

Read more
Sep 15

How to create your very own high-performing PB4L, personal business for life

By Bruce Firestone | Business Coaching , Business Models , Entrepreneurship , Finance , Ideas , PB4L , Real Estate , Real Estate Investment Coaching , Tiny Homes , Urban Economics

Where do (good) ideas come from to start your own business? Well, if you are Ben Jacobsen, you marvel at the fact that your girlfriend is willing to spend $10 on a tiny package of bespoke table salt. So, he left Europe and moved back to the Oregon coast where he sampled seawater from 27-bays […]

Read more
Aug 17

In defense of the sharing economy and in particular home-sharing platforms

By Bruce Firestone | Business Coaching , Business Models , Entrepreneurship , Finance , Ideas , Investing , Real Estate , Real Estate Investment Coaching , Urban Economics

[Feature image: Airbnb founder Joe Gebbia (right)] In June 2019, I wrote to city consultant Brian Bourns who had held a short-term rental workshop, https://ottawa.ca/en/short-term-rental-workshop-3, which no doubt brought forth many competing viewpoints on Airbnb, VRBO, Expedia et al. Below you will find my note to Brian and also a defense of home-sharing written by […]

Read more
Aug 10

Land development: merchandising and marketing

By Bruce Firestone | Architecture , Business Coaching , Design , Entrepreneurship , Ideas , Real Estate , Sales & Marketing , Urban Economics

Many real estate developers forget about branding and merchandising. Imagine if you went to a high-end dress shop or a place to buy an expensive suit and they had fabulous clothing but no racks–you had to pick up that dress or suit up from the floor and shake off the dust? Yuck. So, when buying […]

Read more
Jul 31

On the plus side of a tornado attack: multi level basements

By Bruce Firestone | Architecture , Design , Ideas , Investing , Real Estate , Urban Economics

On the plus side of getting whacked by a tornado in September 2018 is knowing soil conditions in our neighborhood, Arlington Woods. It’s sand all the way down–a great foundation material–it’ll support residential structure no problem at all plus the drainage is fantastic. Here’s our neighbor’s home. Her house was destroyed by the tornado attack. […]

Read more
Jul 23

Specific opportunities and challenges facing Ottawa in a global context

By Bruce Firestone | Architecture , Design , Entrepreneurship , Finance , Ideas , Investing , Real Estate , Urban Economics

[This is the second in a 3-part series written for Ottawa Business Journal by OBJ columnist, Bruce M Firestone, PhD, who is working with the city of Ottawa to develop a new OP, official plan, one that is suited to 21st century conditions—both economic, sociological and environmental. An edited version of this article appears at, […]

Read more
Jul 15

Nothing can go wrong in the construction industry, right?

By Bruce Firestone | Architecture , Business Coaching , Design , Finance , Investing , Real Estate , Real Estate Investment Coaching , Urban Economics

A client of mine asked me today about helping him sort through a very complex contract to fit up his new swim school. Obviously, the construction industry is perfect, right? Wrong. Here’s what I wrote him: This is scary for everyone. The four major things that can often go wrong in this biz are: 1. […]

Read more
Jul 12

Taking care of yourself and your family for three generations

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

I believe it’s time for a new approach to taking care of yourself and your family for at least three generations. By “new” I actually mean hundreds of years old–wealthy families the world over have known for many, many generations that the best way to provide for themselves and their families is by owning their […]

Read more
1 6 7 8 9 10 115
>