SHS025: How You Can Make Over $10,000 As A Turo Host With Yuly Torres From From Engineer Ur Fleet

SHS025_How_You_Can_Make_Over_10_000_As_A_Turo_Host_With_Yuly

1:08:10

Intro

There are a lot of ways to make money with a car.

Most people think about rideshare or delivery apps…

But there’s another option that can turn your car into a true asset.

In this episode of The Side Hustler’s Society, Elijah Bilel dives into the Turo business model—breaking down how renting out your car can generate income and even scale into a full business.

For Elijah, who already has experience monetizing vehicles through the gig economy and leveraging assets like Airbnb, this conversation opens the door to another powerful income stream.

Intro to Yuly Torres

Computer engineer with over 20 years of experience across technical and business roles
Former corporate professional who transitioned into entrepreneurship
Turo host actively building a multi-car rental business
Content creator teaching others how to succeed with Turo
Focused on helping people become more efficient and tech-savvy

👉 Check out Yuly Torres’ YouTube channel: Click Here

Episode Overview

This episode covers:

How the Turo platform works
How to start renting out your car
What requirements your vehicle needs
The risks most people don’t think about
How to scale into multiple vehicles

Yuly Torres shares her journey from renting out one unused car to expanding into a growing fleet.

Listen to the Episode

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Quick Takeaways

Elijah Bilel explores Turo as a scalable side hustle
Yuly Torres explains how to turn an unused car into income
You can start with a car you already own
Turo can scale into a multi-vehicle business
Insurance is one of the biggest risks to understand
Market research is critical before getting started
Turo can complement Airbnb and real estate strategies

What Is Turo?

Turo is a platform that allows you to:

👉 Rent out your car to other people

Instead of:

Driving passengers (Uber)
Delivering food (DoorDash)

You’re turning your car into:

👉 A rental asset

How Yuly Torres Got Started

Yuly Torres didn’t start with a full business.

She started with:

👉 A car sitting unused

While working from home, her car was:

Rarely used
Still costing money

So she asked:

👉 “Why not make it pay for itself?”

That decision led her to:

List her car on Turo
Generate income
Eventually reinvest into another vehicle

From One Car to Multiple Vehicles

After seeing early success, Yuly Torres:

Purchased a second vehicle specifically for Turo
Focused on higher-demand vehicle types (like SUVs)
Began planning expansion into multiple cars

Now:

👉 She’s building a fleet

Turo vs Real Estate (Key Insight)

One powerful comparison made in this episode:

Real estate = high barrier to entry
Turo = low barrier to entry

Yuly Torres explains:

You can start with a car you already own
Or buy a relatively low-cost vehicle

This makes it:

👉 More accessible than traditional investing

How Turo Can Complement Airbnb

Elijah Bilel brings up a powerful strategy:

👉 Pairing Turo with Airbnb

For example:

Guests staying 30+ days need transportation
You can offer a rental vehicle as an add-on
This creates an additional income stream

👉 Same customer, more revenue

💡 Ready to Get Started with Airbnb?

If you’re serious about starting your own Airbnb business, this is your next step:

👉 Click here to create your Airbnb account and get started

Whether you’re exploring rental arbitrage or planning to own properties, taking action is what separates people who learn from people who earn.

Turo Vehicle Requirements

Before listing a car, it must:

Be less than 12 years old
Have under 130,000 miles
Have a clean title (no salvage/rebuilt)

Important insight:

👉 If your car qualifies when listed, it can stay on—even after exceeding mileage limits

The #1 Mistake Most People Make

Yuly Torres highlights two critical mistakes:

1. Not Running the Numbers

You need to consider:

Demand in your area
Airport proximity
Delivery costs
Pricing vs expenses

If the numbers don’t work:

👉 The business won’t work

2. Ignoring Insurance Risks

This is HUGE.

Most people don’t realize:

👉 Many insurance companies do NOT allow Turo

If they find out:

They can drop your coverage
They may deny claims

Which could leave you:

❌ Paying out of pocket
❌ Without a car
❌ Still owing on the loan

Why Maintenance Matters

Yuly Torres emphasizes:

👉 This is still your asset

You must:

Keep tires in good condition
Maintain the vehicle regularly
Ensure safety for guests

Because:

👉 Negligence can lead to liability issues

Scaling the Business

Once you understand the system, you can:

Add more vehicles
Target high-demand cars
Build a fleet

Some hosts:

👉 Have 10–100+ cars

Key Lessons from the Episode

1. Start With What You Have

Your current car could be your first asset

2. Run the Numbers First

Profit is in the details

3. Understand the Risks

Insurance can make or break this

4. Think in Systems

One car → multiple cars

5. Stack Income Streams

Combine Turo with Airbnb or other assets

Who This Episode Is For

People with an unused car
Side hustlers looking for new income streams
Airbnb hosts
Entrepreneurs interested in asset-based businesses

Key Topics Covered

Turo business model
Insights from Yuly Torres
Strategies from Elijah Bilel
Scaling a car rental business
Risk management

Watch The Podcast On Youtube!