One of the options of the younger demographic moving in is to move into a refurbished home that has been torn out and renewed from the inside. Refurbishing has touched a lot of homes in the Baltimore area. Todd Lubar says there are many areas in Baltimore that were once abandoned that have been used to restore hope to old neighborhoods.
Upgrading Public Transportation
Baltimore have projects concentrated on improving the transportation in the city. Todd Lubar says expanding transportation will add a huge boost to making the city more friendlier to those choosing to move to Baltimore. For example, those moving into the suburbs will have better public commute opportunities to work.
Supporting Upstart Businesses
Another factor in making housing more affordable is the greater support among business owners to encourage and support the younger talent that is moving into Baltimore. Todd Lubar believes Baltimore is becoming a place that is known to be highly supportive of new ideas and new startup business. This not only boosts morale among established companies, but also is a key to attracting new companies to Baltimore.
Living and Lifestyle
The cost of living has not risen in Baltimore, and that may be another factor in attracting those who are on the move, but unable to afford to move to another city where housing higher and increases annually. Todd Lubar made it clear that city developers are catering to keeping young professionals inside their communities by providing more theme parks, shopping, and recreation near where they live.
Todd Lubar Realtor
Todd Lubar graduated from Syracuse University with a B.A. in speech communication. Todd Lubar began his realtor career in 1995 working with Crestar Mortgage Corporation. The people and knowledge he gained became invaluable for advancing his realtor career in the following years. In 1999 he earned a position with Legacy Financial Group and gained an equity position.
Todd Lubar was able to start broker loans to investors and lend money. In 2002 he opened Lengendary Properties, LLC. He began developing homes and helped over 200 families purchase and rehabilitate their homes. Soon his success opened new doors of credit for larger home developments projects. Hewas able to have access to as much as $20M in credit.
Legendary Properties, LLC
Todd Lubar formed Legendary Financial LLC after finding many underserved clients. At this point, Todd Lubar had already processed over 7000 transactions, which he gained the insight to be able to see the risk of each transaction better. Todd Lubar got into the commercial demolition business during the financial crises of 2007 and worked with some of the largest general contractors in the country. Lastly, Todd Lubar started an Automotive Scrap metal business which recycles metals. Ultimately it became a publically traded business.