Category Archives for "Architecture"

Jan 13

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

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

[The problem with low appraisals] I am frustrated that Canadian real estate entrepreneurs have so few options when it comes to financing their projects. My friend, Matt Slobodian from Canada ICI wrote this: The regulatory framework in Canada focuses on safety and soundness (it is federally regulated via OSFI, which implies higher standards) whereas the […]

Read more
Dec 27

Animate a whole town

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

The story of Tamworth, a small town in Ontario “Animation” is a term I use to describe ways of adding new revenue streams to an existing property. For example, clients of mine are adding storage sheds, backyard workshops, basement apartments, backyard coach houses, play areas (things like outdoor ping pong tables), private patio areas, outdoor […]

Read more
Dec 26

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

By Bruce Firestone | Architecture , Business Coaching , Family , Real Estate , Real Estate Investment Coaching

[Another GaVinci Report by Corey Oliver] Pivot – in the business world it means to shift. To move to Plan B when Plan A isn’t working. It’s the art of recognizing change in a market or industry before the impact of those changes can damage a business or organization. The challenge is recognizing WHEN to […]

Read more
Dec 25

The last 3%

By Bruce Firestone | Architecture , Business Coaching , Business Models , Design , Ideas , Real Estate , Real Estate Investment Coaching , Urban Economics

Substantial completion (aka, substantial performance) in real estate is usually defined this way: When approximately 97% of work outlined in a construction contract is done. This milepost is crucial in this industry for a number of reasons: a) so, a contractor can get paid out without having absolutely everything done, b) so, an owner can […]

Read more
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 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
1 2 3 13
>