SIDE HUSTLE SCHOOL EPISODE 0032 MAKE $4,000MONTH RENTING OUT CARS YOU DON’T OWN


MAKE $4,000/MONTH RENTING OUT CARS YOU DON’T OWN
How a Los Angeles man leases a fleet of 16 cars and rents them out at a higher rate making over $4,000/month.



Here is a link to the CHRIS GUILLEBEAU’s podcast episode
The Podcast Episode: https://sidehustleschool.com/episode/32

What It’s About
A Los Angeles man makes more than $4,000/month renting out cars he doesn’t own.
BUSINESS MODEL
RESELLING
SKILLS REQUIRED
RESEARCH, COMMUNICATION, & CREATIVITY
COMPLEXITY
MEDIUM
PROFIT POTENTIAL
HIGH

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.



The Website: https://sidehustleschool.com/


This is an attempt to bring Chris’s ideas from the podcast to youtube 🙂 Full Credit to CHRIS GUILLEBEAU’s

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