Category Archives for "Finance"

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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Feb 02

Commercial or residential at grade, which is better for the bottom line?

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

I can’t believe that other landowners/property owners haven’t figured out how to repurpose their retail space to live-work-play-make spaces, all at grade. There is demand for these types of spaces from gigpreneurs who, for example, want to work in a street-facing studio and live behind their store, all on one level (ie, the ground floor). […]

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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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Jul 11

How to pitch anything

By Bruce Firestone | Architecture , Business Coaching , Business Models , Entrepreneurship , Finance , Firestone Institute , Ideas , Investing , PB4L , Real Estate , Real Estate Investment Coaching , Sales & Marketing , Sports & Entertainment , Urban Economics

Book review of Pitch Anything, an innovative method for presenting, persuading and winning the deal by Oren Klaff, https://youtu.be/0ihMwKc2Sow With insights from Bruce M Firestone, PhD Plus, how a yoga teacher went from earning just over $30k a year to more than $100k Plus, how Prof Bruce successfully pitched the NHL for an expansion franchise […]

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