How Todd Lubar Survived the Great Economic Meltdown of ’08

Todd Lubar has had an illustrious career which has made him a wealthy man. Over that duration, he has mentored and inspired many aspiring real estate enthusiasts. Todd began as a loan originator with a company known as Crestar Mortgage Corporation. Here, he gained the necessary experience that would later come in handy when dealing with his personal businesses. He learned the tricks of the real-estate trade from other industry stakeholders like real estate agents, CPA’s, financial planners and insurance agents as well.

The First $100 Million

1999 was a great year for Todd Lubar. He joined the Legacy Financial Group as an equity analyst. Progressively, his skills refined and decided to take it up a notch by opening Legendary Properties, LLC. In no time, this residential development company had purchased, rehabilitated, sold and profited from the over 200 properties. The units ranged from single family houses to small estates. His charm and charisma enabled made it possible for him to connect with plumbers, masons, landscapers and other experts needed in the construction of properties. All in all, he is credited with making well over 100 million dollars.

Todd Lubar is a People Person

Charter Funding was founded in 2003. It was a subsidiary of First Magnus Financial Corporation. First Magnus is ranked as one of the largest privately held mortgages in the US. Again, this merger would prove to be useful shortly. Todd was very smart to venture into a realm which was previously overlooked by the traditional lenders. His risk assessment skills are currently ranked among the most-sought-out after in the entire marketplace. Few candidates can claim to have transacted over 7000 transactions.

Crash of ‘08

The upheavals which rocked the housing and the real estate markets in 2007 and 2008 caused Todd to shift his attention elsewhere. The investor decided to venture into commercial demolition and in Automotive Scrap metal recycling business. His efforts paid off brilliantly. Soon Legendary Properties, LLC started being traded on the public stock exchange market.

About Todd Lubar

Todd attended Sidwell Friends Schools in Washington DC from 1977 to 1987. He proceeded to The Peddie School in Hightstown NJ. He later enrolled at the Syracuse University for a B.A. He graduated in 1995. He is married. Find him on social media or contact him via toddlubar.com, where he loves to share with his fans and followers.

References:

  1. Angel.co
  2. https://www.rebelmouse.com/todd_lubar/

 

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