I Sold My ENTIRE Turo Fleet

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Description: This video is bittersweet as it marks the end of my Turo empire. From buying my first car in February of 2022, little did I know just a year later I would have bought 3 personal cars to rent out on the Turo platform and partner in a Turo management company overseeing the management for over 40 vehicles. This video goes into detail and explains why all of this was put to a stop. My reasons for quitting Turo, my Turo management company, and what business ventures I will be moving into next.

Inspired by Financial Wolf: I Sold Half My Turo Fleet

[robertpigozzi]

got into Turo after watching your videos, sad it didn't workout for you. so far im enjoying it and getting my 6th car In just a year. (orlando) can't wait to see watch your real estate since I have been looking into the section 8, with you on it its so much easier to watch the journey and understand it better and maybe try it out.

[markbarclay]

Defo not a failure Will, but a learning phase to catapult you to grow even more. Character building as well. Property is the way to go, and many avenues to go down with it too. Build up your connections with diff trades people, and use them for each project moving forward to hopefully have your own team to fall back on and make big savings for renovations for rental/air bnb maintenance. Great vid as always dude! Onwards and upwards always

[markj.]

Started watching with Turo content…I was always on fence with it, never did it, and I appreciate the honest experience you had with it.
And real estate, especially section 8 is a lot better than most people think. I have a number of section 8 units and if done right it makes sense. I know I’m just a random YouTube, but any advice I’d be happy to give.

[AubreyHP]

Looking forward to your next adventure! Great video!

[NickOloteo]

Section 8 rentals sounds like an absolute nightmare. Easy way to get your entire house ruined.

[joshuagutierrez]

I knew this day was coming.
Seeing your video’s about joining the people that had 0 experience in Buisness and thinking they knew was a horrible idea. But I’m glad you realized it was time to leave them.
Also, you buying those two vehicle was a terrible idea, knowing the car market was going to collapse.
I do blame you for that one. Hoped you learn.
I also hope you don’t take any more Risk at people that think they know it all! (Like Aaron)
Good luck moving forward kid

[eugenes]

Real-estate? Seriously, you're just jumping from one sinking ship to another? I made countless comments on your channel on exactly why your Turo fleet was inevitably going to fail, you didn't listen, so please listen this time. The real estate market is toxic right now, commercial real estate is completely collapsing, interest rates are making residential properties unaffordable, and loans are difficult to get because of the risks in the system. You're going to need 20% down in almost every situation. If you thought it was a bad idea to tie up 50k in vehicle rentals, imagine what happens when you put 200k down on a single property, during a time when prices are going down, meaning that you effectively CAN'T sell it (unlike the cars). And DUDE! PLEASE for the love of GOD do a LOT of research on Section 8. You're not only about to lose your life savings, but your tenants will either destroy your property or just squat in it, and you won't be able to do anything about it. This is like renting cars to people with no credit scores. Bad, BAD, idea. If you're going to do real-estate, look into industrial properties or storage lots, those are about the only ones doing well right now.

[WealthbuilderzTV]

Sorry to hear this. Hope things get better

[vinkata]

Good luck young blood, you have lot to learn

[entreadapt]

Be very careful investing in junk houses like that. Be a fast way to go broke with how high the cost of labor is and materials atm. Unless you are gonna do the work yourself it will cost you more then its worth.

[webguynick]

Wow, what a bold move! Selling your entire Turo fleet must have been a tough decision, but I'm intrigued to hear the reasoning behind it. As a viewer, I'm curious about your experiences with Turo, the challenges you faced, and ultimately, what led you to part ways with your fleet. Did the changing market conditions or personal circumstances play a role? Regardless, I appreciate your transparency and willingness to share your journey. It's always refreshing to see content creators making daring choices and sharing their insights. Looking forward to watching your videos and gaining valuable insights from your experience!

[Delevante]

please keep us posted on this new real estate venture you’re starting

[CarSharingJho]

Good luck on all your future ventures!!!

[EpixFN]

Honestly not a business model you should’ve ever gone into, BUT these mistakes are the ones that make millionaires get up and learn from them.

[prodbymomin]

Did you disclose that these cars were used o Turo?

[kelankline]

Smart move brother. Real estate is a much better business!

Tax write offs, appreciation, cash flow, less stress, and most importantly not taking so much of your precious time away.

[KalaniR-ow]

He meant "meat in the middle" for how he took advantage of you. 😂

[backtoobasics]

Zack is sure shaping up. I had no idea he was from the orient😂😂

[OrlandoMiner]

Good video! Hope your future stuff works out

[Rico]

That Carvana check is going to bounce! lol