Category Archives for "Real Estate"

Apr 09

Who needs a basement or sideyard apartment or a backyard coach house?

By Bruce Firestone | Architecture , Design , Finance , Ideas , Real Estate , Real Estate Investment Coaching , Sales & Marketing , Urban Economics

If you talk to many developers like I do, the answer to this question is often, “No one” or “Not many.” I disagree. Market segments which need the extra income or space include: -seniors who need extra income for their retirement-millennials who need extra income to help pay their mortgages -investors who need higher cap […]

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Apr 06

Do you use historical prices or FMV when calculating cap rates?

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

It’s complicated. A client of mine is doing a PAAN (property animation and analysis report) for a client of his. He writes and asks me the above question. Here below is my response… That is an excellent question, David. Truly. The honest answer? It depends. Say you bought a home in Ottawa in 1980 for […]

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Mar 18

Sens founder Bruce M Firestone & OBJ publisher Michael Curran discuss the city of Ottawa’s new official plan

By Bruce Firestone | Architecture , Design , Entrepreneurship , Finance , Ideas , Real Estate , Urban Economics

How can people from all sectors get involved in the city of Ottawa’s new official plan (OP)? Here are three ways: 1. answer a few poll questions (yet to be created) 2. attend a zoom townhall meeting on the subject (yet to be scheduled) 3. do a 1-on-1 zoom meetup with Firestone to talk about […]

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Mar 18

Want to lower your property value in a New York minute?

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

If you want to crater your property value, the fastest way to do that is probably to allow deferred maintenance to build up. Yesterday, I visited a place that had quite a few positives for my clients including: Decent land size, interesting home and outbuildings and the right location for these folks (they have family […]

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