A huge thank you to David for joining the channel! Be sure to check him out on social media at @westcoastdave_
@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 Жыл бұрын
Interesting.. we have signed power of attorneys on vehicles here in SC
@scottbolton2075 Жыл бұрын
Great contend as always, I would love to see a more indepth model for the OPCs
@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 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-Free9 ай бұрын
How’s out going… did you hot a Bookkeeper?!
@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.
@dsogthomas Жыл бұрын
Great video.. same path here in Charleston SC.. airport contactless and taking on OPC now ❤
@Sidthekid67 Жыл бұрын
Nice one Aubrey!... learned a lot.
@stevensykes3740 Жыл бұрын
Hi Aubrey!!! Thanks again for another great straight forward video!!! Keep up the great work.
@Wire-Free Жыл бұрын
Thanks David & Aubrey🎉
@Wire-Free Жыл бұрын
@user-nj4iw6mr5m your a fony user 🆔
@richardarmendariz50799 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?
@DrakeLuedke Жыл бұрын
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!
@Wire-Free9 ай бұрын
I like his concept: Turo arbitrage
@258OnTheRoad9 ай бұрын
Is there a copy of the contract for investors? Would like to see it
@armstronghawkins9183 Жыл бұрын
I'm curious where you and he and others house/store/garage your fleets...
@peterbruce80394 ай бұрын
How can I find other fleet managers to partner with as an investor?
@reneecopeland1095 Жыл бұрын
Great interview!
@stevencamarena6240 Жыл бұрын
Is your split tax free? How are taxes worked out with your investor
@hennmack3968Ай бұрын
I been trying to flip houses two years now - it sucks
@DD-sn4iz Жыл бұрын
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!
@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.
@johnpinniss69495 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
@deepsoul32562 ай бұрын
How do you travel since you manage other's cars?
@victoreduardoguerreromejia77685 ай бұрын
Great video, from Venezuela, definitively awesome
@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?
@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 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.
@johnpinniss69495 ай бұрын
How do you figure out the pricing with the investors?
@mandirobertson8793Ай бұрын
I'm interested in knowing the spilt?
@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
@briandalelive Жыл бұрын
Thanks! Excellent!
@samycalifornia007 Жыл бұрын
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
@mandirobertson8793Ай бұрын
What all does it cover ?
@peterbruce80394 ай бұрын
How can I find other managers to add my car to their fleet?
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
@alvitransport89823 ай бұрын
Don’t belive anything this guy says he is full of it
@fyhdhgg Жыл бұрын
once he sais tai lopez i clicked away. No way that con artist actually help
@user-jv5do6wc8c3 ай бұрын
Get away you negative minds. Keep looking for negative in everything you see