Can anyone speak to using Turo to rent a second vehicle? I live in Portland OR. Assuming that’s a decent market? This wouldn’t be to “make money” - more so just hoping to cover cost of car payment and insurance and maintenance so that I can get a new 2nd vehicle. Not trying to get a full blown car rental business off the ground. Anyone had success passively renting a second vehicle in a market this size? Thoughts on reliability of rental income in Portland OR?

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Following! But also, more interested in the making “more” money aspect.

I’ve used Turo as a renter and it was so worth it! I loved it. Way cheaper than most rental places. However some people expect soo much to rent a piece of crap 🥴 if I lived more in the city I would so rent my car out.

An uber driver told me that he makes money by renting four cars on the Toro platform. He came across as a very tenacious go-getter. If you di not have that grit to persevere, don't do it. Like anything else, it requires execution and persistence. You have to keep car clean and take pics before and after every rental in case you need to submit cleaning or damage claims. It it were easy more people would do it. It takes a mindset to be successful at anything. This is no different. Your market is also very important. Do your research. Check rates. This k of the car you want to use to rent. Project conservative number of days it would be rented. Look at comments left for other similar cars. Figure out what people like and dislike about their experience and apply it to your own model. Be creative. The uber driver told me he keeps a car parked at the airport and it works for him.

I wish you well. Go get it!

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If stock exceeds the price on call then I would either roll or let it expire and then reinvest the money in some other stock and repeat.

This account is not subject to any taxes.

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