Where did ALL the Buy & Hold Investors go? Everyones a wholesaler

[Tyron McDaniel]

Maybe you are finding it different in your market but it seems here in Houston EVERYONE is a Wholesaler! No one is buying houses it seems to rehab or renovate, only looking for deals to wholesale!

Don't get me wrong I "GET IT"... but wholesaling is just one aspect of investing. Personally we are doing more rehabs and ramping up our buy & hold portfolio because we are finding more deals that our criteria. I am not upset by any means that most investors only want to wholesale, but I was just curious as to if you are seeing the same things in your market. 

[Trey Watson]

Im actually seeing more landlords than fix and flip investors. A lot of my clients who were flipping a year or 2 ago, are now looking for rentals. Flippers are still out there though, they are just pickier because of the uncertainty in the market. 

As far as wholesalers go, I think it will continue to grow and become popular because of the low cost of entry- its often cheaper than buying a house and fixing it up on your own. I think as the industry grows, it will become harder and harder to be an independent wholesaler and eventually it will be so big that regulation will come into play, and then everything changes from there...likely most of the big names will be the only ones still standing...

Who really knows though?