Baltimore City in Maryland is of the few cities in the US with a thriving real estate industry. However owing to its fair share of negative attention, it takes an investor with a keen eye to spot this opportunity. One real estate investor who has been very instrumental in the Baltimore real estate industry and helps us understand the exciting trends in this city is Todd.
According to Todd, a key characteristic of the Baltimore real estate industry is the conversion of historic and old Baltimore buildings to stylish apartments. A number of ancient Baltimore buildings have been converted into fashionable buildings the common example being one at the 10 Light Street where the building was converted into a posh gym and fitness center. The other example the old Bank of America building that now hosts some of the most beautiful and unique structures in town.
The second reason that has helped the Baltimore real estate sector improve is the cost of living. Compared to other cities such as Washington, D.C., this city remains relatively cheaper in term of property prices and commodity prices. In addition to this, Baltimore is also experiencing a reduced unemployment rate and an increased wage rate across its different professions. These factors consequently have led to an influx in the number of millennials and college graduates in the area. The increase in the number of professionals has also contributed to the improvement of the real estate sector as the demand for improved infrastructure has increases. Check out LinkedIn for more.
About Todd Lubar
Todd Lubar is a very important player not only in the Baltimore real estate industry but in America’s at large. Mr. Todd is one of the credible real estate voices in the industry owing to his experience. Before establishing his own real estate firm, Todd Lubar was employed by different organizations where he helped in their finance and credit lines. Adding these two to Todd’s real estate experience has made Todd one of the few individuals you can count on when it comes to any real estate issue. For more details visit Patreon.
Mr. Todd is a graduate from Syracuse University where he majored in communications. He has worked for Crestar Mortgage Corporation and Legacy Financial Group which helped build his knowledge and network he started to run his real estate business.
Click here: http://www.toddlubar.com/contact/