058 | How to Rent Your Car on TURO

FamVestor Podcast

English - July 10, 2020 01:38 - 19 minutes - 14 MB - ★★★★★ - 115 ratings
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Previous Episode: 057 | MultiGenerational Living

Next Episode: 059 | How We Reached 105% Financial Independence before Age 30 with 3 kids on a Single Income

Half a year ago we bought a minivan, I debated selling our 2009 Toyota Yaris, which became an extra third car, but instead decided to rent it out on TURO.

In the last 6-months, I have made $2750 by renting out the car. If I sold the car I probably could have only gotten $3500 for it.

So by the end of the year, I will have made more than I could have sold it for, and I will have a Semi-Passive Income Generating Machine that will continually roll in profits.

On today's episode, we discuss the ins and outs of TURO, and whether this Side Hustle could be for you. Enjoy! https://www.famvestor.com/058