[5-DayForum] 5 Day Rentals

Bill Effros bill at effros.com
Sat Nov 10 11:28:39 EST 2007


Adam,

Use the 5-Day Method.  Substitute the word "rental" for the word 
"sale".  The evolution of the 5-Day Method has rested heavily on my 
repeated use of it to rent properties my family owns.  This has allowed 
me to change factors, try different time frames, vary starting prices, etc.

If you start at 50% of the current market rental, advertise in the right 
places, and do all of the other things we speak of in this Forum--you 
will rent your property at the high end of the current market price 
every single time.  And, your properties will never be vacant for more 
than 1 month.

Try it.

Bill Effros

Adam Sherwood wrote:
> Bill,
>
> I have read over many times now the section in your latest edition on
> 5 Day Rentals and also gone back through the 5 day archives to find
> out as much as I can about it from some of your past posts.  I was
> wondering...are there any other references available on this topic for
> me to research on my own time so I can get a thorough understanding of
> how to most effectively implement this strategy?  If not, would you
> briefly discuss the basic components so I have enough information to
> go out and do it with results close to what you've described before?
> Thanks.
>
> All the best,
>
>
> Adam Sherwood
> adamcsherwood at gmail.com
> Cell: 606-584-6216
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>   


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