Jim Chivers, VP of Gold and Company, Interviews Tyler Banks, CEO of Charm City Builders

Since 2007, Tyler Banks has been transforming Baltimore area communities as a passionate investor in both residential and commercial real estate. After “house hacking” his first investment in the Federal Hill neighborhood of Baltimore City, Tyler never looked back. With a work ethic and commitment to excellence, rooted in his 6 years serving proudly as an E-5 Sergeant in the United States Marine Corps, Banks quickly established himself as a prominent figure in the acquisition and selling of properties in Baltimore City and the surrounding counties. When faced with the adversity of the market downturn that began in 2008, Tyler opted to live lean and focus on his long-term vision, developing a business plan that resulted in the inception of Charm City Builders in 2011.

With a mission of working with property owners to assist them with quick, as-is, transparent sales, Banks grew Charm City Builders into a prominent, reputable resource for Baltimore area sellers. Coupling his acquisition efforts, Tyler also constructed a team of skilled tradesmen who helped him turn his purchases into beautifully restored homes highly sought after by buyers. In addition to resale renovations, Banks led the diversification of the Charm City Builders portfolio to include buy and hold income properties. Through relationship building and sweat equity, Tyler and the Charm City Builders team have acquired over 250 homes to renovate and resell or rent to folks looking for a special place to call home. Always forward thinking, Tyler and a team of experienced real estate professionals founded REXTAR in 2019. REXTAR is an innovative real estate brokerage using technology and transparency to provide home sellers with the highest possible sales prices for properties of all kinds.

Tyler is both a licensed Maryland Home Improvement Contractor and licensed Real Estate Agent. Throughout all of his professional ventures, Tyler attributes his success to a belief in a team approach, integrity, and hard work. When not buying, renovating, and reselling properties, Tyler loves nothing more than time with his wife, Candice, two sons, Hudson and Jackson, and their two dogs, Thor and Marie. Tyler is a graduate of Salisbury University, supporter of the Ulman Foundation, an avid Ravens and Orioles fan, sponsor of Towson University athletics, and a strong Christian.

About Jim Chivers

Since teaming up with Mitch in 2006, Jim has established himself as a major producer in the industrial sector. Combining strong interpersonal skills, loyalty, and market knowledge, Jim works diligently to expedite transactions to the finish line. When he is not working Jim is the color commentator for Loyola University Greyhounds Basketball Radio on ESPN and SiriusXM. Jim is a native of Minnesota and has real estate in his genes. His dad is a well-known real estate broker back home. Jim is married to Cecilia and recently became a father to Caroline and lives in Locust Point in Baltimore City.

Interview questions:

Introduction | Tyler, you are a US Marine Veteran, you live in Baltimore, have 2 Boys, a proud baseball dad – tell us how you got in real estate and more about in 2011 when you started Charm City Builders.

REXTAR | A few years ago you launched an online real estate sales business and title company called REXTAR – talk to me about the business that you started?

Distressed Property | For those holding a distressed or unwanted residential or commercial property in this market, what advice can you suggest when looking to sell?

Relationships | Relationships play an impactful role in a real estate transaction – talk about relationships in the real estate business.

Covid | How did Charm City Builders adapt over the past year during the pandemic?

Current Projects | Talk about some of the current real estate projects you are working on in the Baltimore area

City Government | Tyler, you spend a lot of time in many different neighborhoods in the City. What can the city government do to help improve the city?

The Future | What does the future hold for Charm City Builder and Tyler Banks?

Connect with Tyler and Jim on LinkedIn

About Charm City Builders

We are more than a home renovator. We are redefining the way people live in Baltimore by creating a product that fosters positive home life and strengthens communities. Headquartered in Baltimore City, the Charm City Builders team has its finger on the pulse of what’s coming up next. We are known for acquiring and building homes in popular neighborhoods like Canton, Federal Hill and Fells Point, and have recently expanded our work to fresh new areas like historic Dundalk, Halethorpe and upper Fells Point. Charm City Builders was created by Tyler Banks, owner of TD Development.