Baltimore is renowned for having a higher population of young people as compared to old people. Regarding professionalism, the employment sector is also dominated by young professionals. Todd Lubar, a real estate expert, is confident that the demands for quality residential units are increasing with respect to the number of the young professionals. Furthermore, real estate developers are refurbishing old apartments to suit growing demand.
As far as infrastructural development is concerned, Baltimore is among the cities in the U.S. whose public transportation is improving and expanding. Todd believes that this development makes the city more habitable to those who wish to live and work downtown. It is projected that public transportation will also expand towards the metropolitan areas to ease traffic and congestion of parking spaces in the city.
When seeking real estate investment opportunities in Baltimore, one should look at factors such as public transportation, the business community, and the cost of living. Todd Lubar believes that these factors determine the success rates of investors seeking to venture in property development. In Baltimore’s business community, people are supporting start-ups and new businesses. Initiatives have also been put in place in Maryland State to improve the business community.
Todd Lubar notes that the cost of living in Baltimore is not expected to increase. Relatively low costs of living will favor those who cannot afford the lavish lifestyle in Washington DC. It will also attract those who are operating on a low budget. As real estate developers strive to make residential units more attractive and habitable, they also focus on making them affordable. These developers include amenities, such as luxury shopping centers and restaurants, in the housing complexes to attract young people.
About Todd Lubar
Todd Lubar is a serial businessperson and entrepreneur with over two decades of experience in the finance and credit industry. He also spent part of that time facilitating transactions to those in need of residential units. Today, he holds the position of SVP at Legendary Investments and president at the critically-acclaimed TDL Global Ventures.
Most of Todd Lubar’s success can be attributed to his experience and passion for community service. At TDL Global Ventures, he continues to pursue his passion for enabling people to acquire residential loans without facing challenges. Check out Inspirery to know more.