The Truth About Real Estate Investing... for Canadians

What’s A Better Investment? Building an NHL Franchise or $100’s of Millions of Real Estate With Bruce M Firestone

08.21.2023 - By Erwin SzetoPlay

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On to this week’s show! The Ottawa Senators recently dominated the hockey headlines as it’s been reported they sold for around $1 billion dollars US.  While Bruce M Firestone is no longer the owner, I’m sure he’s proud that what he started has ballooned to a massive success.  Imagine if the Sens had kept future hall of famer, defenceman, Zdeno Chara then the Sens like every NHL team would have a Stanley Cup before the Leafs but I digress. As mentioned before, Bruce has built 1000s of homes, dozens of commercial plazas and office buildings. For fun and to give back, Bruce was an entrepreneur-in-residence at the University of Ottawa’s Business School, Telfer School of Management.  Per his wikipedia, Bruce was a university professor as he does have his Masters in Engineering and a Phd in Urban Economics. Bruce now focuses more on coaching real estate investors as he finds the work really rewarding so he’s here today to share the journey of his super successful career, how to be a successful leader/CEO, how he overcame much opposition to building an NHL arena on farmland, what his everyday investor coaching clients are doing to create cash flow in their portfolios.   The industrial land, co sharing, garden shed workshop strategy is particularly fascinating.  That’s all on one property by the way. Pay particular attention to that part as that same real estate startup is now for sale for a couple million dollars. Please enjoy the show.   To connect with Bruce you can find his information on his website: https://brucemfirestone.com/  

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