Category Archives for "Family"

Jul 08

It would be daffy for my daughter to sell her home

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

We helped one of my daughters (I have five children) buy a home four years ago for $345,000. We added a basement apartment for $80k so her total cost is about $425,000. We had it appraised last month—after insane pandemic-induced appreciation, it’s now worth $760,000 according to a local appraiser. First thing she said to […]

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Jan 01

I wish we knew now what we knew then

By Bruce Firestone | Architecture , Design , Entrepreneurship , Family , Green for Real , Ideas , Life Coaching , PB4L , Real Estate , Urban Economics

Over the Christmas holidays, I was rereading The Mysterious Island by Jules Verne. I read it when I was a kid and enjoyed it, so I thought I’d see what I think of it now. It’s about five Union soldiers who escape Confederate captivity during the US Civil War in a balloon that is swept […]

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Nov 30

Met an attorney this week who can only be described this way, sorry to say: A know-it-all-know-nothing

By Bruce Firestone | Architecture , Business Coaching , Business Models , Design , Entrepreneurship , Family , Finance , Green for Real , Investing , PB4L , Real Estate , Real Estate Investment Coaching , Urban Economics

Main Street Makeovers He must have received his law degree in the snail-mail. The guy didn’t know the difference between foreclosure and power-of-sale. Why is this even important? Foreclosure versus Power of Sale Because I advise a number of funds (REITs, MICs, Private Equity Funds, Mortgage Trusts, Mutual Fund Trusts, individual private lenders such as […]

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Oct 11

Get some professional advice/coaching/mentoring from a trusted and experienced source—says Terrell Owens

By Bruce Firestone | Business Coaching , Business Models , Entrepreneurship , Family , Finance , Firestone Institute , Investing , Life Coaching , PB4L , Real Estate , Real Estate Investment Coaching , Sports & Entertainment

[Excerpt from Gadgets and Gizmos—how to tell if you own a real business or just an expensive hobby  available from, https://brucemfirestone.com/product/gadgets-and-gizmos/] I realize this is a somewhat self-serving headline since I am a real estate investment and business coach and my spouse is a California-based CTI[1]-trained life coach, but don’t take my word for it—listen […]

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May 02

Downsizing Upsizing Right Sizing? That is the question

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

Traveling without moving, a new approach to downsizing Most realtors tell a person who is thinking of, say, downsizing, to list and sell their larger home and buy something smaller and presumably cheaper. This kind of talk is a bit self-serving because, if the client follows this piece of advice, the realtor gets another listing […]

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