Usually, the landlord has set a competitive price based on local market rental pricing; you can try, but chances are there won't be a substantial change even if you're able to negotiate them down (and if there is, kudos to you for being able to get that done!!).

Hey Everyone,So I just started diving into really learning about wholesaling & I just had a question for anybody with experience in the field.1.

I appreciate any/all advice.Current PositionPrimary Residence (Southern CA)- Between $100-150k equity - Sept will be one year owned, will re-appraise since we've improved the land, some of the interior and there's been fairly substantial appreciation in the one year)2 SFH Listed for Sale (MD and Northern VA) - Anticipate net profit $110-140k range (not bad for having only owned for 5 and 6 years and living in it for 1 year each)- Combined Total Sales Price - $850-880k- I expect to close mid-late Sept on NOVA property and no later than mid-Oct for MD property1 SFH in Northern MI - Has ~$30k equity - no plans to sell, may tap equity in near future for rehab and a cash out refi to invest elsewhereHere are the options I'm looking at:1) Use the profits to pay off some "bad" debt (some of the debt was for a $80k landscaping project on our 1/2 acre bare yard primary residence and the other was to do some rehab to our MD home to make market ready for quick sell so not bad, per se). 

The rare people who are not in the habit of refinancing every few years, and have built up substantial equity and looking forward to selling, are whom I seek out.

Remember, just because you add another unit, that won't necessarily increase the property's value substantially.

Thanks for the input Rob, I'll keep that in mind if I should ever dive into management.

You give them a little taste of what you can do off the bat, and then really dive into how you can benefit them in the follow up message.

You get properties that are off market, that no one knows about.Sure DMM CC D4D... all (bad) possibilities.But why not dive into (ok) possibilities like PPC and FB ads.And the absolute best way to get deeply discounted leads obviously is SEOWe get about 5 to 12 leads in everyday, for free, that are super motivated.If you only saw the profit margins we make just because we get them so discounted, you would flip.Get it?

Transferring out there for work and looking to dive into the REI game upon my move. 

However, there are many people in California and other states (not Michigan sorry) who profit substantially from selling a home.