How to Grow a Turo Fleet Using Other Peoples Cars
Check Out David's Instagram: / westcoastdave_
Check Out David's TikTok:
/ westcoastdave_
Subscribe to David on KZread: / @realwestcoastdave
🚗 Learn How I Turned Car Sharing Into a Six-Figure Semi-Passive Revenue Stream: www.thecarsharingmasterclass....
__________________________________________________________
Check Out My Affiliate Partners (I Make Money From These Links):
📍 The Trackers I Use: www.onestepgps.com/?Aubrey-Janik
www.outdoorsy.com/invite/aubr...
🔧 Tired of Spending Money Fixing Your Car?:
fixd-automotive.myshopify.com...
🎥 Check Out the Gear I Use to Make My Videos, Build My Van & Manage My Turo Fleet: amzn.to/3gBbxBE
__________________________________________________________
00:00 - Intro
What is up, you guys! In today's video, I will chat with David Army, a Turo entrepreneur out of Vegas who specializes in managing other people's cars or OPCs!
00:46 - Who is David Army?
02:42 - How Did You Approach Your Diversified Fleet?
03:40 - How is the Vegas Market?
06:25 - The Cohosting Model Vs. Management Model
09:06 - Fleet Breakdown
09:34 - How Did You Get Your First Vehicle Under Your Management?
11:01 - How Do You Manage Your OPCs?
14:17 - Cars You Accept Under Management
16:02 - How is Damage Handled?
18:11 - How Do You Keep Track of OPCs?
19:16 - How You Treat OPC vs. How You Manage Your Own Cars
25:02 - What Are Your Long-Term Goals?
27:26 - Do You Have Any Tips & Tricks For Other Hosts?
28:56 - Do You Do Deliveries?
31:36 - Advice for New Tuor Hosts?
32:34 - How Much Does Your Fleet Make?
35:00 - How to Find David Army
36:11 - Closing
I hope you guys enjoyed this video; make sure to hit the like, subscribe, and the notification bell, and I will see you guys in the next video.
__________________________________________________________
FOLLOW ME ON INSTAGRAM:
/ aubrey.janik
SUBSCRIBE TO MY SECOND CHANNEL:
/ @aubreyhp
__________________________________________________________
Disclaimer:
I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a KZread video for entertainment purposes ONLY. IF stocks or companies are mentioned, Aubrey may have an ownership interest in them - Please do not make buying or selling decisions based on Aubrey’s videos. If you need advice, please contact a qualified professional.
#Turo #SideHustle #Interview
Пікірлер: 56
A huge thank you to David for joining the channel! Be sure to check him out on social media at @westcoastdave_
I have two investor cars in my fleet. One thing to be aware of: some states legally require the registered owner to be present when getting a car out of impound. If a guest gets towed and it's your investor's car, it can become quite a headache. I only take on capital investments now, for this and many other reasons.
@dsogthomas
Жыл бұрын
Interesting.. we have signed power of attorneys on vehicles here in SC
Definitely a helpful video, thank you for putting this together. I have 26 cars (all my own) in my fleet. Now I am being approached to manage dozens of cars for other people, which is a big shift from the original plan. The liability and the accounting are my biggest worries. I'm terrible with 'paperwork type' organization!
@ridewithgw
Жыл бұрын
Did you take on and manage opc's? If so, how is it working out for you? A co-worker of mines has been hosting on Turo for 3 years and has a nice fleet going. Its definitely got me interested.
@Wire-Free
8 ай бұрын
How’s out going… did you hot a Bookkeeper?!
Great contend as always, I would love to see a more indepth model for the OPCs
Hi Aubrey!!! Thanks again for another great straight forward video!!! Keep up the great work.
Great video.. same path here in Charleston SC.. airport contactless and taking on OPC now ❤
Nice one Aubrey!... learned a lot.
Woohoo! The video I was waiting for
@AubreyJanik
Жыл бұрын
Thank you! David knows his stuff and for anyone interested in an OPC model, this discussion is gold!
Great interview!
How do we protect yourself from if you’re running someone else’s car out and he gets in a car accident and now the person you got the car from wants to sue you. How are you protected?
I like his concept: Turo arbitrage
Thanks David & Aubrey🎉
@Wire-Free
Жыл бұрын
@user-nj4iw6mr5m your a fony user 🆔
Loved the chat thanks guys! Really curious how you guys handle OPC's with getting paid out and taxes. Is that just a 1099 you send them as an expense and pay taxes based on the gross? How do you manage a 60/40 split when it comes to that.
Great information as always. My question is what is the proper way to handle Insurance using other peoples cars? Do you put it on your commercial insurance?
Thanks! Excellent!
Is there a copy of the contract for investors? Would like to see it
I'm curious where you and he and others house/store/garage your fleets...
Great video, from Venezuela, definitively awesome
Aubrey, do you have any videos on typical rev share arrangements? I’ve got 2 vehicles booked out into the future 6 months at a major airport. I live 60 miles away. Not practical for me to manage them, and I just lost my parking/manager. Want to find another turo host already operating at airport and rev share with them. Looking for best practices on that
If you offered on your channel to list other people's cars you might triple your fleet overnight. I bet you could even manage cars outside your state.
How can I find other fleet managers to partner with as an investor?
My fleet is solely on other peoples car😂 will start buying my cars when price go down
@AubreyJanik
Жыл бұрын
They are slowly going down!
I been trying to flip houses two years now - it sucks
Is your split tax free? How are taxes worked out with your investor
What do you think about leasing a new car? No depreciation and then I can give it back in 3 years to lease a new one
I have 2 vehicles that are listed but when I search for them they are not showing up. Does turo have a limit on how many cars in a market?
@normans1799
Жыл бұрын
It ended up being something on there end. They had to allow the cars and then I was able to see the cars on the search results.
That was great
How do you travel since you manage other's cars?
What app do you use ? Is it zoom?
How do you figure out the pricing with the investors?
@mandirobertson8793
15 күн бұрын
I'm interested in knowing the spilt?
How much percentage does he give to the car owner?
@katrashis
Жыл бұрын
Watch the video you cow
@jeanluctrader
Жыл бұрын
60% owner 40% , I understood
@mandirobertson8793
15 күн бұрын
What all does it cover ?
How can I find other managers to add my car to their fleet?
@Amg3dprints
24 күн бұрын
Yes where are you located ?
Peace.. Shalom.. Salam.. Namaste .. 🙏🏻 😊 🌈 ✌ 🌷 ☮ ❤🕊
Very strong MLM energy here.
@ritardstrength5169
Жыл бұрын
Indeed. There’s nothing wrong with Turo per se, but the nature of this business strikes me as somehow exploitative. Like, they would be selling Amway, but this pays better.
@frankgarcia153
Жыл бұрын
Isn’t there no actual product in an MLM?
@bestcodman24
Жыл бұрын
It’s def not mlm because there are only 2 levels. Owner or investor 😂.
@keexplainsitall
Жыл бұрын
@@frankgarcia153 no, people confuse mlm for pyramid scheme. A pyramid scheme has no actual product. Mlm is simply the business structure.
@sivapadman
Жыл бұрын
Nice interview
Don’t belive anything this guy says he is full of it
once he sais tai lopez i clicked away. No way that con artist actually help
@user-jv5do6wc8c
2 ай бұрын
Get away you negative minds. Keep looking for negative in everything you see