February 26, 2024

Maryland Heights Residents

Crazy About Home & Real Estate

Renting Out Her Car Earned This Real Estate Agent an Additional $10K

3 min read
Renting Out Her Car Earned This Real Estate Agent an Additional $10K

Even though Airbnb  (ABNB)  rentals have launched lots of people’s facet hustles into whole-time occupations, automobile-sharing apps were generally built to be a resource of passive money.

You indication up your auto and, when not using it, let anyone else push it for what could be $25 a working day for a Fiat 500 or $375 a day for a Bentley Continental.

Peer-to-peer car or truck-sharing business Turo launched out of Boston in 2010 but has exploded in level of popularity in the final year. Revenue jumped by 207{73375d9cc0eb62eadf703eace8c5332f876cb0fdecf5a1aaee3be06b81bdcf82}  in between 2021 and 2022.

Even though the firm is at present personal, Turo submitted for acceptance to go general public via an IPO less than the TURO ticker in January.

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