Updated over 5 years ago on . Most recent reply
Wholesaling Midland, TX
How is the real estate market in Midland, Tx right now regarding wholesaling? I hear it's cyclical. can anyone please tell me the deciding factors?
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Which side of wholesale? Buying properties from wholesalers or finding properties to wholesale?
The general RE market here is cyclical in the sense that it is strongly tied to the amount of work happening in the oilfield. It still chugs along regardless though, more or less. Prices fluctuate a lot. The rental type demand also shifts with oil commodity prices, I've seen a demand shift from SFRs to STRs in the last year or so.