Answer Question
Is Turo Profitable? Can I make money by buying 3--5 used vehicles and renting them out on Turo?
I just learned about Turo (the car sharing service) and their business model is interesting. I wonder if they are making money and if I can do a side business renting out cars on their platfrom. Maybe start with 3 cars worth $15k to $20k and rent them out full time. I know a few people who made money this way on AirBnB about 5-6 years ago i.e. getting long term apartment leases and then playing AirBnB host.