Blog
-
Furnishing a Mid-term Rental: An inside look
Furnishing a mid-term rental (MTR) is no easy task. Especially if you are doing it yourself – by yourself – like I did. FOUR times! It’s definitely doable, and I recommend it for anyone looking to save some money during the furnishing process. Also, you don’t have to do this alone! Grab a buddy, partner,…
-
From Cars to Real Estate – Why I pivoted from Turo to Mid-Term Rentals
As you can tell from the updates on the site, I’ve made the pivot from renting cars on Turo to renting furnished apartments on a monthly basis. So why did I make the switch? And why mid-term rentals? I’m glad you asked. As you can tell from my last post, titled “My Turo Business Died,”…
-
My Turo business died
If you read the last few sporadic blog posts on this site then the writing was on the wall regarding the state of my Turo business. We were dealing with recalls on our most popular cars. Then my money-making BMW’s demand completely crashed in the winter. We started selling off cars just to keep the…
-
We sold our BMW to Carvana – Here’s how it went
Operating our Turo business has become more difficult and expensive – Increased insurance costs, required tracking devices (and the monthly subscription fee that comes with them), and moving the pick-up location to Manhattan have made things challenging. To help streamline the operation we decided to sell off our BMW 228i now and are considering more…
-
We moved our Turo business to Manhattan…and it’s become a chaotic nightmare
Next month will make 3 years operating our Turo business. There have been numerous challenges but we’ve managed to stay optimistic throughout. Now, though, it feels like things have fundamentally changed and I’m not sure about the future of this business. Since moving our primary pick-up location to Manhattan last Fall due to the lack…
-
I know, it’s been a while – An update on my Turo business
I know, I know…I haven’t written anything new here in quite some time. So here’s a quick recap of my Turo business since my last post (wow…the last one was in November of 2024). I plan on expanding a few of these into full blog posts to provide additional details, but here are the highlights.…
-
50 ways to fail as a Turo host
“True success is rooted in effort, perseverance and resilience.” – As a Man Thinketh by James Allen I love that quote, and that book. Effort, perseverance, and resilience are all attributes you’ll definitely need in order to run a successful Turo car sharing business. Turo is not passive income, it’s work. You will undoubtedly face…
-
Does Turo make CENTS as a business?
I’ve been reading the series of books by MJ DeMarco – The Millionaire Fastlane, Unscripted, and The Great Rat Race Escape – where he outlines detailed paths people can take to gain financial freedom in a short-ish amount of time. One of the key tenets of the books is that in order to achieve financial…
-
How to become a Turo All-Star host
With Turo Host Assessments for July quickly approaching (July 15, if you weren’t aware), let’s review what it takes to achieve the coveted All-Star Host status. For a lot of new Turo hosts, getting to All-Star status as quickly as possible is one of their primary goals. Turo lays out the criteria for achieving this…
Latest Posts
-
Furnishing a Mid-term Rental: An inside look
Furnishing a mid-term rental (MTR) is no easy task. Especially…
-
From Cars to Real Estate – Why I pivoted from Turo to Mid-Term Rentals
As you can tell from the updates on the site,…
-
My Turo business died
If you read the last few sporadic blog posts on…