Category: Real Estate Professional
In the Baltimore area, the real estate industry is continuing to re-emerge from the adverse impact of the 2008 real estate crisis. The slow but steady growth has resulted in the improvement of property sales in the region and a significant drop in foreclosures. According to industry data, in the Baltimore metro area, foreclosures fell by about 7 percent. Through his vigorous marketing strategy, Todd Lubar has been able to enhance the real estate industry in the region
Lubar started his career in 1995.
Crestar Mortgage Corporation recruited him to work as a loan originator. In this position, he gained much knowledge on conservative mortgage banking. In addition, Lubar refined this skills and became an expert in issuing loans. Lubar realized that networking was a powerful tool in the real estate industry. To this end, he began interacting with CPA’s, Insurance agents, real estate agents, and financial planners. Today, these individuals continue to form the core of Todd’s referral base.
In an article on Hackronym, Todd made his first entrepreneurial step in 1999 when he quit his position at Crestar and accepted an equity position at the Legacy Financial Group. This new role presented him with new challenges. However, the hardworking entrepreneur kept pushing and soon mastered the skills needed to work for the company. He was involved in brokering loans to investors and lending money directly as a mortgage bank. This information was originally mentioned on Patch as outlined in this link https://patch.com/maryland/potomac/todd-lubar-successful-baltimore-businessman
Armed with knowledge and experience in the real estate industry, Todd Lubar ventured into business by founding Legendary Property, LLC. His leadership skills and extensive know-how of different fields helped the company to grow quickly. Todd was able to incorporate other companies, including Charter Funding and Legendary Financial. He opened these two companies after realizing that most people could not secure loans from traditional banks. Through these corporations, he was able to issue loans to many deserving clients. Legendary Properties purchased, rehabilitated, and sold different residential properties. The company specialized in different properties varying from single-family homes to multi-family properties. The company was affected by the real estate crisis of 2008. The adverse effects of the crisis forced Lubar to focus on other businesses. To this end, Todd ventured into commercial demolition. In addition, Lubar started recycling automatic scrap metal.
Visit his website toddlubar.com
Follow him: https://twitter.com/todd_lubar?lang=en