Ben Eisen
speaker
1,467 appearances
35 recordings
1 series
first heard Jul 2017
last heard Nov 2024
Ben Eisen’s voice in public audio — every appearance, attributed to the second.
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Appearances
But, you know, if this became sort of a major effort, it might be a kind of substantially eat into their business.
Some people might look into this and think that it sounds great, but they eventually just sort of decide that it's not for them based on the work that would be needed or not being able to assume the specific loan.
There's a lot of just bumps along the way that can cause people to maybe not follow through with it.
It can be a difficult effort, but just in talking with homeowners who have made it happen, if it does work out, if sort of the stars align for something like this, it really can save a lot of money.
The difference between buying a home with a 3% mortgage versus a 7% mortgage is not insignificant.
So it really is something that can be sort of game-changing for people.
WSJ Your Money Briefing · The Pros and Cons of Renting Out Your Car for Extra Cash · 9 Aug 2023
podcast
There's a whole spectrum of cars, and people rent out everything from beaten-up old cars that are 10 or 15 years old to these high-end luxury cars or sports cars that people want because they want to splurge on something.
It's really anybody who needs to rent a car.
So, you know, you think of somebody traveling on vacation, someone who wants to get out of town.
That's exactly what it is.
It's people who have a supply of something that they don't need or want to rent out, and they're using that to compete with the likes of Hertz or Avis.
For renters, there's a couple things that they might get from renting from an individual.
You have a wider choice of cars.
You can select exactly what you want.
If you want an electric car, there are people who specialize in it.
And it might be cheaper depending on who you're renting from and what the rate is.
Absolutely.
I mean, there's a whole spectrum of cars and people rent out everything from beaten up old cars that are 10 or 15 years old to these high-end luxury cars or sports cars that people want because they want to splurge on something.
Generally, they start on websites like Turo or Getaround, which are basically tech companies that act in a similar way to what Airbnb does.
They connect people who want to rent out their cars to people who want to rent them, and they take a cut in the process.
Showing 161–180 of 1,467 · page 9 of 74
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