Blog
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MTR vs LTR: A Cash Flow Comparison
In this post I’m going to show just how much more cash flow my four units are generating since making the switch to mid-term rentals. I’m going to compare my actual income and expenses from May 2025 when I was using a property manager and each unit was occupied by a long-term tenant to May…
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7 Turo skills that helped me get started in Mid-Term Rentals
Myron Golden, the entrepreneur/YouTuber/business coach who uses Bible principles to teach business strategy, says that “All work works. It’s either working for you (making you money) or it’s working on you (making you better). The trick is lasting through the learning curve long enough to become the person for whom it can work.” My time…
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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,…
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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,”…
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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…
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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…
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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…
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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.…
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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…
Latest Posts
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MTR vs LTR: A Cash Flow Comparison
In this post I’m going to show just how much…
-
7 Turo skills that helped me get started in Mid-Term Rentals
Myron Golden, the entrepreneur/YouTuber/business coach who uses Bible principles to…
-
Furnishing a Mid-term Rental: An inside look
Furnishing a mid-term rental (MTR) is no easy task. Especially…