EPISODE · Aug 3, 2020 · 45 MIN
TurnKey Empire: One Stop Shop - Xander Cruz Episode #92
from In The Lab with Ruben Kanya · host Ruben Kanya
GUEST BIO Alexander Cruz also known as ‘Xander’, is a Baltimore native who began his Residential Real Estate career in 2011 upon graduating from West Virginia University. He quickly realized a passion for the Residential Investment side of the business and worked 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 of CR of Maryland. The focus of the company was buying, renovating and reselling homes. Within a few years they became one of the largest home renovation companies in the northeast. As the company continued to grow, it expanded into a full service real estate investment company that buys, renovates and resells homes, buys, renovates and leases rentals, and includes a retail real estate team that serves buyers & sellers throughout the Baltimore Metro area. With over 2,000 transactions under our belts, they have developed a network of resources and relationships that they use to buy homes inexpensively and at scale. It allows them to perform complete renovations they buy including roof, siding, electrical, HVAC, mechanicals, plumbing, appliances, etc. Join us today in the lab as Xander shares with the community some values that can provide impact for success. Don’t miss this episode. Let’s build. HIGHLIGHTS OF THE EPISODE 01:13 Background of the guest - Alexander Cruz 05:20 Why started on Fix and Flip 10:10 Why Turnkey Rental is in Demand 14:27 Avoid over leveraging KEEPING IT REAL 17:04 Why construction is challenging 17:58 What is EOS - Entrepreneurial Operating System 23:26 Knowing problems in the System 27:17 How the partnership started 33:32 Building the systems with the new partner ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW: 35:38 Favorite Book - The Tipping Point by Malcolm Gladwell | Relentless by Tim Grover 37:49 Best Habit - Giving break during work hours 39:03 Real Estate Umbrella - Rental Properties 41:25 Top 3 things that their looking for BOOKS MENTIONED IN THIS SHOW The Tipping Point by Malcolm Gladwell Relentless by Tim Grover NOTABLE QUOTES (KEY LESSONS): “We are constantly evolving and not just in what we are focused on but also trying to improve things along the way” “When you have good people and good systems, that’s where the growth really hit.” CONNECTING WITH THE GUEST Website Email : [email protected] LinkedIn | Facebook #ExperimentTurnKey
What this episode covers
GUEST BIO Alexander Cruz also known as ‘Xander’, is a Baltimore native who began his Residential Real Estate career in 2011 upon graduating from West Virginia University. He quickly realized a passion for the Residential Investment side of the business and worked 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 of CR of Maryland. The focus of the company was buying, renovating and reselling homes. Within a few years they became one of the largest home renovation companies in the northeast. As the company continued to grow, it expanded into a full service real estate investment company that buys, renovates and resells homes, buys, renovates and leases rentals, and includes a retail real estate team that serves buyers & sellers throughout the Baltimore Metro area. With over 2,000 transactions under our belts, they have developed a network of resources and relationships that they use to buy homes inexpensively and at scale. It allows them to perform complete renovations they buy including roof, siding, electrical, HVAC, mechanicals, plumbing, appliances, etc. Join us today in the lab as Xander shares with the community some values that can provide impact for success. Don’t miss this episode. Let’s build. HIGHLIGHTS OF THE EPISODE 01:13 Background of the guest - Alexander Cruz 05:20 Why started on Fix and Flip 10:10 Why Turnkey Rental is in Demand 14:27 Avoid over leveraging KEEPING IT REAL 17:04 Why construction is challenging 17:58 What is EOS - Entrepreneurial Operating System 23:26 Knowing problems in the System 27:17 How the partnership started 33:32 Building the systems with the new partner ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW: 35:38 Favorite Book - The Tipping Point by Malcolm Gladwell | Relentless by Tim Grover 37:49 Best Habit - Giving break during work hours 39:03 Real Estate Umbrella - Rental Properties 41:25 Top 3 things that their looking for BOOKS MENTIONED IN THIS SHOW The Tipping Point by Malcolm Gladwell Relentless by Tim Grover NOTABLE QUOTES (KEY LESSONS): “We are constantly evolving and not just in what we are focused on but also trying to improve things along the way” “When you have good people and good systems, that’s where the growth really hit.” CONNECTING WITH THE GUEST Website Email : [email protected] LinkedIn | Facebook #ExperimentTurnKey
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TurnKey Empire: One Stop Shop - Xander Cruz Episode #92
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