While millions of Americans have lost a staggering 5 trillion dollars in Q1 there are some who have found a new ‘vehicle’ to drive aggressive growth with passive income. As the US economy continues to be reshaped by technology, effects of COVID, and the ever growing gig-economy we see new opportunities to earn money pop up almost daily.
Since the onset of technology giant Uber took the US market by storm we have seen a massive shifts in the behavior of the US workforce. More and more Americans are leaving the traditional job setting for gig-employment with Uber, Door Dash, and the rapidly expanding car sharing segment dominated by Turo. Car sharing is a rental car alternative and it allows peer to peer car sharing via Turo platform where the app basically structures & moderates the entire transaction.
Don’t be confused operating a Turo business at scale is anything but passive however, we did find one company that is quickly expanding and rising to the top. Executive Class Rentals founded by Sean Matheis, has created one of the most innovative passive income opportunities online today. While many people understand the concept of using your vehicle to rent it out to others when you aren’t using it for profits. Most people don’t have the time to get their car detailed, organize a meeting place to deliver the vehicle, communicate with the renter, oversee the rental to ensure guests needs and/or questions are met, pick up the car at the end of the period, etc. There’s a lot that goes on behind the scenes of any rental car agency.
What Sean and his team at Executive Class Rentals has done has originally allowed those who want to make money every month renting their cars but has no ability or no interest in running the day to day operations. Executive Class Rentals will take your vehicle and handle everything for you from start to finish on every single rental and pay a upto a staggering 60%-70% of gross revenue simply providing your vehicle. You don’t even have to wash it when you bring it to your local Executive Class Rentals lot.
“We wanted to find a way to quickly grow our fleet across the country, create a TRUE passive income opportunity that didn’t require any cash investment that anyone around the world can participate in, and that is lucrative enough to make a real financial impact in the lives of our partners. Our partner program, as we call it, has had an amazing success rate with 98% of every partner bring profitable the very 1st month the car is in service with us. That means we made enough money we not only got their car payment covered entirely but they made profit in addition to the note.” Sean Matheis stated when asked about their partner program.
The car sharing industry is expected to see massive growth over the next 5yrs and revenues foretasted to surge beyond 7 billion dollars annually with Turo being the top player. Sean Matheis and his team have already reached the top in the Dallas Fort-Worth market recently being feature by the company as “Top Host In Dallas” on the Turo website.
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