Todd Lubar, the president of TDL Global Ventures, is a prominent real estate investor in Baltimore. Today Baltimore, “Charm City” as it is also known, is drawing the attention of young millennials. Merely 38 miles north of Washington, D.C., Baltimore City with its relatively low housing cost is a clear alternative to making one’s home in the nation’s capital. The exciting thing about the phenomenon is that the more millennials settle in Baltimore, the more attractive the city then becomes to yet more newcomers.
That is excellent news for a city like Baltimore, which had been in decline for a while. Now thanks to the efforts of property investors like Mr. Todd Lubar the tide is turning. Mr. Lubar’s business involves renovating old housing and making it competitive with the demands of current home hunters. Lately, and for the foreseeable future, many of these people will be millennials. Based on projections that millennials will soon make up 75 percent of the workforce by 2025. In fact, their total numbers stand at 80 million out of America’s population of 350 million. The millennials are the future of the real estate market.
According to Patch, Mr. Lubar has always taken time to study the needs of his customers. Even in his first career in the mortgage industry. Attention to details served him well in the mortgage business. He frequently made the list of the top 25 mortgage originators in the United States. By looking at the needs of the millennials now coming into the market, Mr. Lubar identified the most obvious selling points to capture their attention. He and his team would not only continue producing beautiful homes, but they would go a step further. Check out Medium to know more.
Not only does Mr. Lubar aim to produce high-quality chic renovations, but he also strives to include smart home technology. Understanding that the internet generation is tech-savvy and that the convenience of being able to control nearly every aspect of their living environment is something which most of them would appreciate. To millennials not having smart technology in the home would be equivalent to what a house without a dishwasher or washer-dryer may have been in the past. The convenience makes the property more marketable, and Mr. Todd Lubar firmly believes that this is how it will be from now on. Smart homes are here to stay.