How to Start a 6-Figure Car Rental Business on the Side

kirtis murphyYour next income stream might be sitting right in your driveway…

This week we’re talking about how to get your piece of a $100 billion market.

It’s the same model practiced by Hertz, Avis, Enterprise, National: renting cars out for a profit.

It’s a business with lots of built-in demand, and new platforms like Turo help put your car or cars in front of that demand and get paid.

Two years ago, Kirtis Murphy of FamilyTalksAuto.co decided to give this a shot on the side.

He started with his personal vehicle, and since then and with the help of a couple of partners has grown it to a 6-figure business that now has 14 cars in its fleet.

Tune in to The Side Hustle Show interview to hear:

  • how you can get started renting out your car for cash
  • how to protect yourself and your vehicle assets
  • Kirtis’ tips for setting yourself up for profitability and scaling your operation

Free Bonus: 25 Other Things to Rent Out for a Profit

25 Other Unconventional Rental Ideas

What else could you rent out for a profit? Here are some ideas!

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Getting Started With Turo

Kirtis got started renting out his vehicle using an online platform called Turo. Turo is a car-sharing platform that handles

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People tumble target to on line rental fraud

Consider shifting into a new dwelling, unpacking your daily life and receiving a knock on the door from an individual who would like to know what the heck you are undertaking there. That is how a person spouse and children uncovered out they were being victims of a rental rip-off.

Space Realtors are on substantial inform soon after two different family members showed up at the identical residence in a subdivision off Piney Eco-friendly Road with relocating vehicles only to uncover out their new rental was much too very good to be accurate.  

“In this housing local climate, people today are behaving a very little in different ways,” reported Jeb Brown, owner of Brown Attributes and member of Jacksonville Board of Realtors.

The genuine estate and rental marketplaces in Onslow County have been slash-throat around the summertime with minimal stock and armed service PCS period at play. Brown was alarmed when he obtained a get in touch with from a residence inspector who claimed there was a family members residing in the household he just place less than contract on a Friday. The property sat vacant whilst on the sector and should have been empty when the inspector arrived the pursuing Monday early morning.

On Aug. 16, Brown visited the dwelling with officers from Jacksonville Police Office (JPD) to locate out how and why a relatives experienced moved in in excess of the weekend. The occupants explained to police they uncovered the property for rent on Craigslist and signed a

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