How to Grow a Turo Fleet Using Other Peoples Cars

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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.
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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 The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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

  • @AubreyJanik
    @AubreyJanik Жыл бұрын

    A huge thank you to David for joining the channel! Be sure to check him out on social media at @westcoastdave_

  • @joel_seth_media
    @joel_seth_media Жыл бұрын

    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

    @dsogthomas

    Жыл бұрын

    Interesting.. we have signed power of attorneys on vehicles here in SC

  • @clayermel
    @clayermel Жыл бұрын

    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

    @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

    @Wire-Free

    8 ай бұрын

    How’s out going… did you hot a Bookkeeper?!

  • @scottbolton2075
    @scottbolton2075 Жыл бұрын

    Great contend as always, I would love to see a more indepth model for the OPCs

  • @stevensykes3740
    @stevensykes3740 Жыл бұрын

    Hi Aubrey!!! Thanks again for another great straight forward video!!! Keep up the great work.

  • @dsogthomas
    @dsogthomas Жыл бұрын

    Great video.. same path here in Charleston SC.. airport contactless and taking on OPC now ❤

  • @Sidthekid67
    @Sidthekid67 Жыл бұрын

    Nice one Aubrey!... learned a lot.

  • @DrakeLuedke
    @DrakeLuedke Жыл бұрын

    Woohoo! The video I was waiting for

  • @AubreyJanik

    @AubreyJanik

    Жыл бұрын

    Thank you! David knows his stuff and for anyone interested in an OPC model, this discussion is gold!

  • @reneecopeland1095
    @reneecopeland1095 Жыл бұрын

    Great interview!

  • @richardarmendariz5079
    @richardarmendariz50798 ай бұрын

    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?

  • @Wire-Free
    @Wire-Free8 ай бұрын

    I like his concept: Turo arbitrage

  • @Wire-Free
    @Wire-Free Жыл бұрын

    Thanks David & Aubrey🎉

  • @Wire-Free

    @Wire-Free

    Жыл бұрын

    @user-nj4iw6mr5m your a fony user 🆔

  • @gregcoughlin4615
    @gregcoughlin4615 Жыл бұрын

    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.

  • @erikvisco3642
    @erikvisco3642 Жыл бұрын

    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?

  • @briandalelive
    @briandalelive Жыл бұрын

    Thanks! Excellent!

  • @258OnTheRoad
    @258OnTheRoad8 ай бұрын

    Is there a copy of the contract for investors? Would like to see it

  • @armstronghawkins9183
    @armstronghawkins9183 Жыл бұрын

    I'm curious where you and he and others house/store/garage your fleets...

  • @victoreduardoguerreromejia7768
    @victoreduardoguerreromejia77684 ай бұрын

    Great video, from Venezuela, definitively awesome

  • @DefNotMyDadsAcc
    @DefNotMyDadsAcc Жыл бұрын

    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

  • @jeremiah57morgan
    @jeremiah57morgan Жыл бұрын

    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.

  • @peterbruce8039
    @peterbruce80393 ай бұрын

    How can I find other fleet managers to partner with as an investor?

  • @DD-sn4iz
    @DD-sn4iz Жыл бұрын

    My fleet is solely on other peoples car😂 will start buying my cars when price go down

  • @AubreyJanik

    @AubreyJanik

    Жыл бұрын

    They are slowly going down!

  • @hennmack3968
    @hennmack3968Ай бұрын

    I been trying to flip houses two years now - it sucks

  • @stevencamarena6240
    @stevencamarena6240 Жыл бұрын

    Is your split tax free? How are taxes worked out with your investor

  • @johnpinniss6949
    @johnpinniss69494 ай бұрын

    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

  • @normans1799
    @normans1799 Жыл бұрын

    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

    @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.

  • @Dranomoly
    @Dranomoly Жыл бұрын

    That was great

  • @deepsoul3256
    @deepsoul3256Ай бұрын

    How do you travel since you manage other's cars?

  • @biggzacc2145
    @biggzacc2145 Жыл бұрын

    What app do you use ? Is it zoom?

  • @johnpinniss6949
    @johnpinniss69494 ай бұрын

    How do you figure out the pricing with the investors?

  • @mandirobertson8793

    @mandirobertson8793

    15 күн бұрын

    I'm interested in knowing the spilt?

  • @samycalifornia007
    @samycalifornia007 Жыл бұрын

    How much percentage does he give to the car owner?

  • @katrashis

    @katrashis

    Жыл бұрын

    Watch the video you cow

  • @jeanluctrader

    @jeanluctrader

    Жыл бұрын

    60% owner 40% , I understood

  • @mandirobertson8793

    @mandirobertson8793

    15 күн бұрын

    What all does it cover ?

  • @peterbruce8039
    @peterbruce80393 ай бұрын

    How can I find other managers to add my car to their fleet?

  • @Amg3dprints

    @Amg3dprints

    24 күн бұрын

    Yes where are you located ?

  • @PeaceChanel
    @PeaceChanel Жыл бұрын

    Peace.. Shalom.. Salam.. Namaste .. 🙏🏻 😊 🌈 ✌ 🌷 ☮ ❤🕊

  • @Praaguematic
    @Praaguematic Жыл бұрын

    Very strong MLM energy here.

  • @ritardstrength5169

    @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

    @frankgarcia153

    Жыл бұрын

    Isn’t there no actual product in an MLM?

  • @bestcodman24

    @bestcodman24

    Жыл бұрын

    It’s def not mlm because there are only 2 levels. Owner or investor 😂.

  • @keexplainsitall

    @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

    @sivapadman

    Жыл бұрын

    Nice interview

  • @alvitransport8982
    @alvitransport89822 ай бұрын

    Don’t belive anything this guy says he is full of it

  • @fyhdhgg
    @fyhdhgg Жыл бұрын

    once he sais tai lopez i clicked away. No way that con artist actually help

  • @user-jv5do6wc8c

    @user-jv5do6wc8c

    2 ай бұрын

    Get away you negative minds. Keep looking for negative in everything you see