{"id":18317,"date":"2021-01-26T06:08:00","date_gmt":"2021-01-26T14:08:00","guid":{"rendered":"https:\/\/turo.com\/blog\/?p=18317"},"modified":"2022-08-29T13:48:41","modified_gmt":"2022-08-29T17:48:41","slug":"how-one-real-estate-investor-runs-her-turo-business","status":"publish","type":"post","link":"https:\/\/turo.com\/blog\/canada\/community\/how-one-real-estate-investor-runs-her-turo-business\/","title":{"rendered":"How one real estate investor runs her Turo business"},"content":{"rendered":"\n

Marie S.<\/a> understands how to make her money go further. When she bought her car, she made the financially-savvy move to purchase a used 2016 Hyundai Accent<\/a>. New cars lose a chunk of their value in the first year, after all. A few years ago, the grandmother of 7 dove into investing in Texas real estate, and it was while researching investment opportunities that she first heard about Turo.<\/span><\/p>\n\n\n\n

\u201cIt really piqued my curiosity, and I thought, \u2018What is this? It sounds like an Airbnb for cars.\u2019\u201d explains Marie. \u201cI spent a good amount of time in the States, so I figured, \u2018Why don\u2019t I put my car to work while I\u2019m away?\u2019 And that\u2019s what I\u2019ve been doing for the past couple of years.\u201d<\/span><\/p>\n\n\n\n

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It was a smart move. As a dual Canada-US citizen, Marie splits her time equally between both countries. This meant her car spent months sitting idle in the driveway in Canada, a less-than-ideal situation for someone who makes a living making the most of her assets. <\/span><\/p>\n\n\n\n

\u201cI talked to my kids and said, \u2018Hey do you want to do this? Should we try this Turo thing?\u2019 Of course, I give them a cut of the profits. I\u2019ve got some grandkids as well, so if there\u2019s a car that needs to be washed, I give them the additional $25 fee that is charged. Making $25 for washing and cleaning the car is teaching them to be entrepreneurs as well!\u201d<\/span><\/p>\n\n\n\n

Discovering \u201cunreal\u201d earning power<\/h4>\n\n\n\n

When Marie got started, she did the usual: Googled Turo and pored through the website.  She also went a step further, and dropped by the Calgary community party<\/a> in summer 2019 so she could hear directly from other hosts. <\/span><\/p>\n\n\n\n

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\u201cThat was really fun! I was able to meet a few other hosts that were doing the same thing. Some were doing it on a really big scale. I met two guys that had partnered up.  One was business savvy and the other was a mechanic and together they had 13 or 14 cars on Turo and I was like, \u2018Whoa, that\u2019s awesome!\u2019\u201d <\/p>\n\n\n\n

\u201cI also met another woman who had a specialty car. Even though she had to drive it quite a ways to take it to the airport for one trip, she was earning like $100 a day and I thought, \u2018This is unreal!\u2019\u201d<\/p>\n\n\n\n

Energized by what she heard at the community event, she jumped right in and listed her Hyundai. In the summer of 2019, she watched the earnings roll in during the warm months and decided it was time to double down. <\/p>\n\n\n\n

\u201cI said, \u2018Well, gee, this is going so great, I should buy myself another car,\u2019 recalls Marie. \u201cWhile I was away the car was booked, but when I came home I needed my car, right? So I had to pull it off the site and I\u2019m like, \u2018I don\u2019t like this. I want to have something available to book.\u2019 And so I picked up another car just for myself.\u201d<\/p>\n\n\n\n

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\u201cYou\u2019re an entrepreneur!\u201d<\/h4>\n\n\n\n

Marie says her favourite part about hosting on Turo is the opportunity to create great customer experiences. One look at her profile shows she\u2019s telling the truth. As of December 2020, the All-Star Host has accumulated dozens of positive reviews commending her friendliness and responsiveness. <\/span><\/p>\n\n\n\n

\u201cHearing the positive feedback \u2014 leaving the guests really happy and knowing that the experience met their needs and was beyond their expectations \u2014 that, for me, is rewarding.\u201d<\/p>\n\n\n\n

Altogether, hosting brings both financial and personal rewards that have Marie eager to share her experience with others. \u201cI often mention Turo to people, recommending it as a great option when needing to book a car. When I ask, \u2018Have you ever heard of Turo?\u2019 and then go on to explain what it is and how I have my car in Canada generating money for me while I\u2019m away, people are always very impressed. They\u2019re like, \u2018You\u2019re really an entrepreneur! Wow, that\u2019s awesome!\u2019 I love the fact that it\u2019s an easy additional source of income.\u201d  <\/p>\n\n\n\n

Book with Marie<\/a><\/div>\n\n\n\n
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Get started on web<\/p>\n

Launch your car sharing business using your browser \u2014 you\u2019ll need some info about the car so make sure it\u2019s nearby.<\/p>\n List on web<\/a>\n <\/div>\n

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List on the go<\/p>\n

List a car in a few taps \u2014 download the Turo app to start building your business from your phone.<\/p>\n Download the app<\/a>\n <\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Marie S. understands how to make her money go further. When she bought her car, she made the financially-savvy move to purchase a used 2016 Hyundai Accent. New cars lose…<\/p>\n","protected":false},"author":8,"featured_media":25323,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[19,51],"language":[2],"class_list":["post-18317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-community","tag-canada","tag-member-profiles"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t