Category Archives for "Real Estate Investment Coaching"

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 […]

Before you start coaching with Prof Bruce and his group, you should do some homework! First, have you answered our COACHABILITY QUIZ to find out—are you ready, willing and able to be coached? https://brucemfirestone.com/so-you-think-you-are-ready-for-coaching/ If you answered “yes” to at least ten of those questions, it is likely that coaching will be effective in helping […]

Take this COACHABILITY QUIZ to find out—are you ready, willing and able to be coached: 1. I have time to invest in myself. YES/NO 2. I can keep my word and promises to myself to work on my coaching material. YES/NO 3. There is a gap between where I am now and where I want […]

Why it’s such an uneven playing field when it comes to mortgage financing I have a client who signed a mortgage commitment. Then a few days later, he got a better offer. Can he accept the second offer or not? Here’s what I wrote to Robert (not his real name): I read over your mortgage […]

Terrace Real Estate Group, operating under Century 21 Explorer Realty Inc, is a team of highly experienced and creative real estate professionals including Nick Cripps, Broker, Simon Case, Realtor and Bruce M Firestone, PhD, Broker/Coach.  Terrace Investments Limited, originally a real estate development company, started operations in 1956. The company was the original parent company […]

Mr Francey interviews Bruce M Firestone on Patrick’s everyday millionaire podcast: https://theeverydaymillionaire.ca/episode82-bruce-firestone-making-impossible-possible/ -how to find your why -if you want to change your life, you have to act -how to restart your life at any age -how to really provide yourself and your family for 3-generations -the story of Roy and Tammy, owners of 48-doors […]

A million-dollar TFSA, https://business.financialpost.com/personal-finance/taxes/the-road-to-the-million-dollar-tfsa-is-getting-shorter-for-millennials, sounds great except I’m not 100% convinced about these assumptions: a) earning 4.7% yearly, compounding annually, b) continuing to put in max $$$ every year for 47-consecutive years without fail. There are simply too many ups & downs over a lifetime. But, say you buy a half double like one of […]

There are some benefits to getting older. You tend to have more patience and perspective; you tend to make better decisions and, consequently, make fewer mistakes. After I left the Sens, I wanted to figure out what to do next and, at the same time, my spouse, Dawn Mac Millan Firestone, was training to become […]

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, […]

[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 […]

I coach some fantastic entrepreneurs in the US, Canada and elsewhere. However, there is an experience common to entrepreneurs the world over except for the US. Their business ecosystem is different. I wrote to a Canadian woman I coach who runs a real estate portfolio focused on Airbnb and student rentals who is expanding her […]

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 […]