Turnkey Investing: Key Skills, Knowledge, and Strategies with Alexander Cruz

Published: April 19, 2022, 5 a.m.

b"Alexander is a Baltimore native who began his Residential Real Estate career in 2011 upon graduating from West Virginia University. \\u2018Xander\\u2019, as he is known, quickly realized a passion for the Residential Investment side of the business. He worked from the onset with Craig Reich and Brock Reich in developing CR of Maryland into one of the premier residential real estate Companies in Baltimore that now owns and manages over 320 single-family rental properties. Over the years, Xander has worn numerous hats and helped oversee each facet of the company through various stages of growth. Today he is the Turnkey Director, working closely with our other Department Managers and directly with our clients. As a team they ensure that successful relationships are built, top-notch service and high-quality product is delivered, and excellent Property Management is the standard. Outside of the office, he resides in Downtown Baltimore with his girlfriend and dog and is an avid Baltimore sports fan and car fanatic.\\n\\xa0\\n[00:01 - 08:05] Opening Segment\\nCR Maryland, Turnkey Real Estate Provider in Baltimore\\nLearn a City to Invest In: Let\\u2019s get to know Baltimore\\nHow to Find the Right Local to Ask Your Investing Questions\\n\\xa0\\n[08:06 - 15:30] Turnkey Investing: Key Skills, Knowledge, and Strategies\\nGood rent to sale price ratio in Baltimore\\nSkills Every Turnkey Investor Has to Have\\nAlexander talks about the alignment of interest in their properties\\nRisks and section eight tenants\\n\\xa0\\n[15:31 - 24:32] How to Create Wealth from Turnkey Investing\\nTurnkey Investing Physical Due Diligence\\nWhy Turnkey Investors Opt to Sell their Properties\\nWhere to Source Short Term Money\\nTurnkey Competition and Marketing\\n\\xa0\\n[24:33 - 32:56] Closing Segment\\nQuick break for our sponsorsThe first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.\\xa0 Learn more about Personal Capital at www.escapingwallstreet.com\\xa0\\n\\nWhat is the best investment you've ever made other than your education?Real Estate Mastermind\\nInvestor Fuel\\n\\nAlexander\\u2019s worst investmentA house with a hole in the roof in Ellendale Dr, Towson\\n\\nWhat is the most important lesson that you've learned in business and investing?\\u201cPeople need to learn a niche.\\u201d\\n\\u201cPeople are still our biggest asset.\\u201d\\n\\n\\xa0\\nConnect with Alexander Cruz through mdturnkey@crmarylnd.com and LinkedIn.\\xa0 Visit their website https://crofmaryland.com/.\\xa0\\n\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\\xa0\\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\n\\xa0\\nTweetable Quotes:\\n\\u201cTalking to the locals that are in the industry, and really learning what's the right fit for a particular investor, that's how people are going to be successful in turnkey investing.\\u201d - Alexander Cruz\\n\\u201cThe turnkey space is a relatively small world. So talking to other people in this space, you're gonna easily start to get a feel for who's doing it the right way.\\u201d - Alexander Cruz\\n\\u201cAlways treat people with respect. One deal is never worth burning in a relationship.\\u201d - Alexander Cruz"