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Car Rental Business (Passive Income)

Updated: Jul 31

Do you have an extra car that needs repurposing for its lifespan? Try renting it out. There are apps that allow you to rent out your vehicles (Turo and GetAround). You need to keep track of your mileage and maintain your vehicle. Insurance could be covered with the app but make sure. You could make passive income doing this with an average annual income of $10k-$100k.


(Cover photo by Unsplash)

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