17: Building one of the biggest real estate businesses in Baltimore with Alexander Cruz
- Colin Murphy
- Nov 16, 2020
- 1 min read
Alexander Cruz from Baltimore, Maryland is our guest today. Alex or "Xander" is a partner in CR of Maryland, one of the biggest buyers, rehabbers and property managers in the Baltimore market. Alex had some great insights to share about his journey and the expertise he has gained in flipping, renovating, property management and growing a business to 25+ employees.
In our wide ranging chat we covered a wide variety of topics that included:
How Alex got started in real estate as a brokers assistant
How he pivoted to working and later partnering with a successful house flipper
Changing their focus from flipping to building & managing a large portfolio
The types of properties Alex and his colleagues buy in Baltimore
How they sell fully renovated middle class homes that meet 1% rule
The teams and systems he uses for buying on and off market properties
How Covid rocked their business and the adjustments they've made
His great advice for people looking to accelerate their real estate journeys
Further Links https://www.crofmaryland.com/ alex@crofmaryland.com
I’ve been comparing real estate loan options across Maryland, and these location-specific insights helped a lot. Baltimore’s market is fast-paced, and this real estate loan Baltimore guide was a solid starting point. For Annapolis, I liked how this real estate loan Annapolis article broke down both residential and investor-focused products. And if you're considering a beach rental or second home, here’s a quick-close option for a Real Estate Loan Ocean City. Also, rental investors should definitely look into the DSCR Loan Maryland program — no income docs needed if the property's generating solid rent.