Category Archives for "Ideas"

May 16

40 Ottawa Senators Trivia Questions

By Bruce Firestone | Ideas , Sports & Entertainment

[Try answering these 40 Sens trivia questions yourself, then check your answers against Prof Bruce’s, https://profbruce.tumblr.com/post/161398856579/answers-to-ottawa-senators-trivia] Q1 Which of the following are not founders of the modern era Ottawa Senators? Randy Sexton Bruce Firestone King Clancy Cyril Leeder Answer: Q2 When did the modern era Senators start playing again in the NHL? 1927 1987 1992 1995 […]

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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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Apr 11

Bananas

By Bruce Firestone | Family , Ideas

Teach your children the power of positive and negative numbers by playing a terrific game called “Bananas” with them. It’s a free utility brought to you by Prof Bruce and his five kids and (so far) three grandchildren… Drive everyone “bananas!” Play full screen A girl named Pinky, who by the way is a math […]

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Mar 21

Covid-19 Crisis Plan

By Bruce Firestone | Business Coaching , Design , Family , Finance , Green for Real , Ideas , Investing , Life Coaching , PB4L , Real Estate Investment Coaching , Sales & Marketing , Urban Economics

Over 2,000 have signed up for this free webinar on March 24 at 7 pm ET: How to protect yourself, your biz, your real estate investments as well as clients, employees, suppliers, guests, residents, tenants… in a time of Covid-19 Listen as 20-experts give their views and take questions… Register now, https://www.covidcrisisplan.com/brucefirestone Prof Bruce is […]

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Feb 03

Rent-to-own business model

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

I usually don’t really like rent-to-own (R2O) models either from an investor’s POV (point of view) or from a client’s POV. From a client’s POV, it’s an expensive way to buy property; they have to pay all of the costs of the property including mortgage payments, property taxes, insurance (tenant and landlord insurance), all repairs/maintenance, […]

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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 […]

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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 […]

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Dec 24

The cat came back

By Bruce Firestone | Family , Ideas , Uncategorized

This Xmas I am into handmade Christmas gifts as opposed to store-bought ones. So, here’s a story I wrote and recorded then uploaded to YouTube for my two grandsons. It’s called Sammy Came Back. It’s set in a town called Wretched and it’s about a cat locked out by a forgetful husband in subzero weather […]

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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 […]

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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 […]

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