How much MONEY I made on TURO in the First 3 months of 2024 || (and how much TAXES I Paid)

Поділитися
Вставка
  • Опубліковано 10 кві 2024
  • 📲 Book a 1-on-1 Turo/car buying coaching call 👇🏼
    📌 calendly.com/rafvelasco/30min
    =====================================
    👇🏼*Affiliate Links*👇🏼
    📌TURO Essential Items 💫 (AKA Turo Starter Kit):
    ➡️ kit.co/rafvelasco/turo-essent...
    🛞 Best Tire SHINE ✨ 👉🏼 amzn.to/3T6noMG
    =====================================
    ➡️ WATCH 👀 - "TOP 5 Best GPS Trackers for you TURO cars"
    • 5 BEST GPS Trackers fo...
    📌 3 Fees NOT to pay a Car Dealership
    • DON'T Pay Car dealersh...
    How the dealership SCAM you
    • 3 Car Buying Tips to A...
    =====================================
    *How much money did I make on TURO??*
    🚗💸 In this exciting video, I'll share my incredible journey of how I made over $5,000 in Q1 of 2024 by renting out two Honda Civics and an Audi S4 on Turo, the peer-to-peer car-sharing platform. 📈💰
    💡 Whether you're a car enthusiast, an entrepreneur, or simply looking for a side hustle, this video is packed with actionable insights to help you kickstart your journey towards financial independence.
    🌟 Join me on this inspiring adventure as I showcase the incredible potential of Turo and demonstrate how you too can turn your cars into passive income generators. Don't miss out on this opportunity to learn the secrets behind my $5,000+ in Q1 of 2024 success story!
    🎬 Remember to like, comment, and subscribe to my channel for more exciting content about passive income, car rentals, and financial freedom. Share this video with friends who might be interested in unlocking the power of Turo! 🚀💪"
    ~~~~~~~~~~~~~~~~~~~~~~
    📌 My UA-cam 📺 Camera Setup 📷 👇🏼 ✅
    ➡️ kit.co/rafvelasco/my-youtube-...
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~
    📌 Don't forget to "LIKE" & Subscribe if you enjoy my content 🤙🏼
    📌 Follow me on Instagram 👉🏼 / rafvelasco.ceo
    ========================================
    * The links above are affiliate links. I do get a small commission at NO extra cost to you. Any purchase used with any links are used to support this small channel 🙏🏼 Thank you.

КОМЕНТАРІ • 34

  • @Raf.Velasco
    @Raf.Velasco  2 місяці тому +1

    📲 Book a 1-on-1 Turo/car buying coaching call 👇🏼
    📌 calendly.com/rafvelasco/30min
    =====================================
    👇🏼*Affiliate Links*👇🏼
    📌TURO Essential Items 💫 (AKA Turo Starter Kit):
    ➡ kit.co/rafvelasco/turo-essentials
    🛞 Best Tire SHINE ✨ 👉🏼 amzn.to/3T6noMG

  • @AdrianRomeroJr
    @AdrianRomeroJr 2 місяці тому

    dope bro! congrats! inspired to get my turo fleet started

    • @Raf.Velasco
      @Raf.Velasco  2 місяці тому

      Hell yeah!! 😎🙌🏼🤙🏼

  • @SkiiMaskE
    @SkiiMaskE 2 місяці тому

    Another great video. I'll keep watching

  • @innovationpropertyatlanta
    @innovationpropertyatlanta 2 місяці тому

    Good work!!🎉

  • @WLCR_843
    @WLCR_843 2 місяці тому

    Great video 🔥

  • @KabirShergill-uy6mo
    @KabirShergill-uy6mo 2 місяці тому +2

    I just put up a 3rd car...started in Dec. I'm going to be adding a bunch of finance cars hopefully starting in a few weeks once I get pre approval in place...it's shopping time. Plan is to get as many as possible...full leverage and then slowly offset that leverage with cash cars from the revenue. We should be friendly competition/motivation 🙂

    • @kennybrown931
      @kennybrown931 2 місяці тому

      What is your target car note for the cars that you are financing to put on TURO? I’m thinking you would have to have a certain number that you’re willing to make monthly payments on a vehicle to maintain profitability while renting them out on TURO. What city are you in?

    • @Raf.Velasco
      @Raf.Velasco  2 місяці тому +1

      Im slowly offsetting that bank leverage. The DIRECTION you go is more important than the speed. I’ll always clap for my peers & cheer from the sidelines cus theres So much success in the business for everyone to succeed 🙌🏼

    • @Raf.Velasco
      @Raf.Velasco  2 місяці тому

      That’s very true Kenny 👍🏼

  • @Swole55_
    @Swole55_ 2 місяці тому

    Great video! I live in the Chicago area and looking to do the same. Oh and BTW, my motto is Don't Be Average! Im a new supporter. 🤝🏽🤝🏽 #dba #lbm

    • @Raf.Velasco
      @Raf.Velasco  2 місяці тому

      Thanks for watching! 🙏🏼 and Yes! Don’t be average! Allow yourself to be a beginner at things. No one starts off as excellent.
      I didn’t know much about the Turo business, but I started anyway & I’ve learned soon much 😎👍🏼

  • @Scorpio876
    @Scorpio876 Місяць тому +1

    What’s up brother I wanna have a 1 on 1 30 minutes call with you

  • @danielso7426
    @danielso7426 2 місяці тому

    Respects bro, congrats. One question i have is how are you able to rent the cars out if your financing even thru the banks or dealerships. Usually dealerships and banks only finance if its for PERSONAL use only. Don’t you get in trouble if they find out it’s for business usage ?

    • @Raf.Velasco
      @Raf.Velasco  2 місяці тому +1

      There are a few financial institutions that follow thru with “No Ridesharing or Peer-to-Peer car sharing” (example: Ally bank)
      But honestly most dealerships don’t really care to follow up as long as your making the payments on time 🤷🏻‍♂️

  • @Amg3dprints
    @Amg3dprints 22 дні тому

    Brother would you put your 1 and only car on Turo ? I have a 2020 Chevy trax I’m in Florida near Disney this is my personal car

    • @Raf.Velasco
      @Raf.Velasco  21 день тому +2

      That answer is going to be different depending on everyone’s individual daily routine. If you work from home & find that 90% of the time you don’t use your vehicle, then test the waters.
      If you use your only vehicle to go to the gym everyday, head to work, run daily tasks, etc… then it might not be a good idea.

  • @Materoosi
    @Materoosi 2 місяці тому +1

    What happened you your car?

  • @blackthaihoney
    @blackthaihoney 22 дні тому

    925 for three cars is crazy lol you can make more doing uber lol

    • @Raf.Velasco
      @Raf.Velasco  22 дні тому +1

      925/month would be my Net (not gross).. It would’ve been more had I not had my cars off the platform for 1/2 of Jan (probably a little over 1k/month NET).
      Keep in mind that driving Uber I would be exchanging ALL my time for money 👎🏼…. Although it’s less, but it was more passive as the cars were making me money during its rentals, while I was focusing on other aspects of my other businesses
      The goal here is to NOT work for money, BUT INSTEAD have money work for you 😎🤙🏼

    • @blackthaihoney
      @blackthaihoney 22 дні тому

      @@Raf.Velasco I dont drive uber but i think this is really shitty use of capital you have 70k or more in capital to get 925 net and thats with you not counting the january payment

  • @Rio100Chaves
    @Rio100Chaves 2 місяці тому

    What year are the civics?

    • @Raf.Velasco
      @Raf.Velasco  2 місяці тому

      My Civics are 2023…. I bought them in late December of 2022 (16 months ago)

  • @icidro1
    @icidro1 2 місяці тому +1

    Turo rents cars to cheaply like $50 a day no bueno

    • @Raf.Velasco
      @Raf.Velasco  2 місяці тому

      Depends on the vehicle & what market your in. That $50 car in some locations might go for more in others… & some markets might get more utilization. That’s why it’s important to know your market.

    • @icidro1
      @icidro1 2 місяці тому

      @@Raf.Velasco I’m in Vegas and cars go for cheap too cheap

  • @asdasda2388
    @asdasda2388 25 днів тому

    Dude put on a pink shirt for 2k views lol

    • @Raf.Velasco
      @Raf.Velasco  24 дні тому

      I’m pretty sure my shirt is white 🤔
      My jacket is pink tho 🤷🏻‍♂️ lol

  • @Scorpio876
    @Scorpio876 Місяць тому

    Great video 👍👍your the best 🫡🫡

  • @rosy0112
    @rosy0112 2 місяці тому

    💯🙌🏼🫶🏼