Watch These 90 Minutes To Become A Millionaire With TURO
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- เผยแพร่เมื่อ 29 ก.ค. 2023
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That's awesome. I've been on Turo for 2 years and have scaled to 7 vehicles. My economy cars do the best now. I have 2 Fiat 500s and probably going to get a 3rd!
is the fiat 500 a good investment for turo?
@@yungviral4591I’d assume so if he’s buying a 3rd
@@yungviral4591 it has been great for me.
@@kiralypayne3106 yea u right
Are they both autos? Been looking at snagging a 500 Pop (super cheap in my market) but I can only find manual versions for cheap. Debating on getting 1 to test the waters, my manual Challenger did decent when I had it on for a month....
Great video! Didn't know anything about turo until today.
Hey Ryan love the channel ! I'm the Top Rated Turo Host in Panama City Beach and growing fast, would love to talk sometime.
Good Informative video. Thank you.✌️👍❤️🙂
I'm new to this game and looking at Honda Civic
Thank you for the information very helpful.
Any time!
Great video, but I'm halfway thru and it feels like you placed the different clips in backwards order.
Wow! This a great and inspiring video but I was planning to start doing Turo here in Vegas myself. Think it’s worth it or is the market already saturated?
The key is the extra money you are making put all in the stock market
“Most important and informative video content for me business wise for the year; no “capping” and TV dialogue, real Q&A 👍🏾👍🏾🍾🍾💪🏾
Glad you liked it!
TURO is a great way to make some money these days!
Some cases, troubles are out of your imagination, just like house rental, pls search bitter story of tenancy
Great video
Glad you think so!
Since turo could work and get bigger, you can bay put options on the big rental cars companies. Because they will do bad on the stock market
Corvette so red that it plays Red hot chilli peppers on repeat 101:56 Way to be intentional Ryan
How do you get a rental place for just under 500 dollars
1:50 2:50 you just had to call his office little one more time? Lol
Are we purchasing these cars on business credit or personal credit ? Is one preferred over the other ? Can we talk about insurance ? I have like 1Mil questions lol .
Cash is best 50% cash 50% finance car 🚗
albright dude, yeah dude
Do you charge for not re-fueling the Tesla? You know what I mean, do you charge them if they don't return the car with battery full?
Yes we do
last guy said you just contact turo and turo will reimburse it, with no questions asked
Anyone here in the Austin Texas market? Im in Phoenix and moving to Austin! Wanting to know how hosts are doing there. I have to corollas
Do you have room to sublet your office space?
You’re not supposed to use disinfectant on your tesla seats, non detergent soap is good for the seats, like Castile soap…
Now many markets, Turo Cars are saturated
for sure. too much money being made. stay out of it.
I did my hard research just recently and for most areas it is not really profitable. What is happening is that there is so much competition - the smaller fleets and owners of one or two cars are lowering their price/day just to GET BY and pay their loan and other expenses. They do not care about profit at this time. So there is a price war to the downside. This in turn is causing the larger fleets to do the same... in fact, a lot of mid-large fleet owners are SELLING their fleet to bring in income and to get out of the business!!
According to the numbers of my local area - owners of 6 - 9 vehicles are only doing about $80 per month/vehicle @ average of 4 days rented ... to $118 / month / vehicle @ average of 6 days rented on the lower end. On the higher end; $509/month per vehicle @ avg of 4 days rented ... to $763/month per vehicle @ avg of 6 days rented.
Remember, those are GROSS figures not NET - you still need to include cost of maintenance, gas, cleaning, repairs, insurance, parking, etc., which is about 67.5% of GROSS.
Now, do the math...
Your Business Math acumen is off, way off! I'd give you an "F" 25% in Business Math 100!
@@Reverend-Race-Horsey - ummm okay. Care to elaborate ... since I was the one who did the 'math' above.
@@Reverend-Race-Horseyyou give us a breakdown than, why is he wrong with math? He seems right with profit
In my area, the average of days rented out seems to be much lower, but I'm not exactly sure how you did your "hard research". You can't actually see that number unless you're an All Star host. You'd have to be estimating. That said, with my pricing and structure, as a new host I was able to clear $1200 revenue in my first month operating by renting out just 11 days. Considering my operating costs per month, that's around $700 profit.
I think that if you're looking for a 7 figure "PaSsivE InComE sTReAm" Turo may not be for you. But if you're willing to pay attention to what's going on around you, hustle, negotiate, and do research, it's a fine side-gig or even full-time business.
Unless he enjoys washing cars. Like relaxes him. He’s right.
rental cars already doing 30 a day now with supply nothing left now
Who’s your editor? He said he got a Jeep Patriot, it shows on the bottom of the screen, Then shows a Jeep Liberty 😂
59:41 no the Math doesn’t work out after two years you have put 150 thousand miles on it with around $20-$30,000 of maintenance and after two years car is practically worth $20,000 with all the miles.
Sell it in 1-2 year and buy again
Everything nice and little
$200 a day for a RT Challenger!? Damn not even a hellcat, that seems steep
yeah and about 85$ a day for a bmw 540i
Thanks for the continued updates. Crypto currency and NFTs will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profit from my current investment. Knowledge is wealth!
HOW! I would really appreciate if you show me how to go about it.
You actually need an assigned by a registered brokerage company to help you out. I currently trade with Mr David woodi. He’s the best when it comes to high profits in the market..
Wow, I’m surprised you just mentioned that Mr David woodi thought I was the only one trading with him
His really amazing with an amazing skills, he changed my 1.3btc to 2.1btc
Investing in the cryptocurrency market is the best decision everyone can make, because the cryptocurrency market is much more than anything else today
No way in hell is Turo going to pay you $300 a day while your car is being repaired. That's a joke lol. Always go with the 75% plan, the 60% plan is just a scam.
Don’t take the “don’t wash the car advice” do u
Why is the guy with the purple hair giving business advice?
that Lucky dude is so lame.
Turo in Las Vegas is horrible and super saturated
🤔 I was wondering about that! So I think I’ll create a special niche. Maybe Miami is better?
For sure.
As a fleet operator I agree, the biggest issue being normal everyday people struggling to make payments of all sorts for their cars using “race to the bottom” pricing on their rentals deharmonizing the rental market. By doing so, they maybe make their payment but it disrupts the entire community
So which is it? Literally 50 cars tomorrow? Or 30 cars in a month? These guys live to hype everything, good luck getting 50 cars in 6 months let alone 1 month. And stop with the I got money comments every video. Saying the Ferrari was $2K you didn't want to spend it was all you had to say, not I have the money to do it. Another washed up pitcher still trying to flex.
I have 6 cars in NY with Turo, and it's really bad!
Profit is bad you mean?
NY makes a lot of sense. Taxes Parking Traffic Congestion Accident Prone ect.. that’s only 1/3 of the problems.
I thought turo wasn’t allowed in NY
@@MaxamillionEdthey just changed the laws
I have at least one car has total mechanical failure, total loss to my valley @jimmyyoon6772
this guy will go broke soon and file for bankrupcy.
These washed up athletes give terrible advice. Did Pinata not hear him say the Leverage on the rental properties was crushing him and he needed cash flow. So why would he go from what's working well and buy $2 million dollars in exotic cars that he's going to have to get a Partner and Loans for and he's right back to being too leveraged.
I like how he keeps sayn lil
Tesla is not a supercar 😂😂 he is way overconfident 😂😂
A tesla is faster than a supercar