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What It's About
A Los Angeles man makes more than $4,000/month renting out cars he doesn’t own.
Business Model
Skills Required
Complexity
Profit Potential
Words of Wisdom
When Tahsir decided to increase his fleet from a few cars to 16 (!) he played it smart and did some research regarding which kinds of cars were more often rented. Based on his research, he noticed that the best opportunities were either at the low end or the high end.
Tahsir structured his car acquisition accordingly, choosing a few expensive cars and half a dozen cheaper ones. This makes perfect sense! The middle is mediocre. Average is boring.
Fun Fact
Tahsir also got incredibly lucky with his dozen of the cheaper ones during an incredible promotion when the manufacturer was overstocked on a particular model, the Chevrolet Cruze.
To make it all work out, he found a partner at an airline parking lot who would handle many of the pickups and returns for renters visiting from out of town. He spent a lot of time communicating with customers from his page on Turo, but that communication was the majority of his hustle workload.