Triad REIA welcomes Tyler Lowe!
Use Turo to Enhance Your Short- & Mid-Term Rental Business!
Long-time Triad REIA Member & Past Vice President Tyler Lowe & his wife Jessie started their journey in real estate in 2016. They steadily built a portfolio of single family homes & a small multifamily property. They have flipped & “wholetaled” properties &, most recently turned a couple of their single family homes into midterm rentals using Airbnb, VRBO, & Furnished Finder. Tyler was able to leave his W-2 job in 2022 to devote more time to his real estate venture, Green Salix.
The midterm rentals led Tyler & Jessie to embark on their next journey: a Turo rental car business named Go Vroom Go. Go Vroom Go currently consists of five vehicles that can be rented for as little as $31 per day.
On Tuesday we'll find out about Turo: the AirBnB of car rentals. You can list your personal vehicle or your business vehicle on the platform, provided that your insurance & any liens that you may have on the vehicle do not permit prohibit you from doing so. There are some other constraints as well, & we'll discuss those at the meeting.
We'll dive into:
- the reason Jessie & Tyler started this journey, & the excitement of starting a new venture
- the reality that comes with lending your vehicle to someone you think you don't know (1 car totaled on September 21st - ouch)
- the Turo platform
- the Turo “Bible“
- the rental process
- financials of the business
No question will be off limits so bring some good ones!
Arrive as early as noon for networking opportunities & order food. We'll start the meeting at 12:30!
Register below!
Ready. Set. Lunch-&-Learn with Triad REIA!