As far as I know, people are buying and holding everywhere. That's the key to building wealth.
Flipping is much riskier and you need to have a lot of capital lined up or people with money.
Thanks for the reply Marc, In Houston the Flipping Wholesaling bug is running everywhere!
Wholesalers are everywhere -- more of them than there are decent deals. Way more, at least in Houston.
But I wouldn't say there are more investors out flipping than doing buy & hold. Maybe they are just quieter?
Personally when I can make more in profit in doing a flip in 6 months compared to re renting for years I will continue doing flips
For me 10 or even 15% c on c is leaving money on the table with so many other ways to make more money
Our strategy is a hybrid of a buy and hold and a flip. It is more of a long term flip (3-5 years). It doesn’t take as much of our own capital and we usually make 2-3 times the amount we would make if we were to flip the property. Plus we get tax incentives.