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Re: Investing in the Escalades, can you explain how that business model works? Does the owner of the vehicles lease the vehicles out to drivers who then use th
by mfringel 12y ago
Re: Investing in the Escalades, can you explain how that business model works?
Does the owner of the vehicles lease the vehicles out to drivers who then use them to provide Uber Black-car service?
- alaskamiller 12y agoHe sold his real estate business to fund his first car, after driving for a few months he invested in two additional cars qualifying for the Uber Black service. He gives these cars to his cousins to drive, taking 10% gross. He's now working with his friend from back in the Arizona metropolitan area to repeat the process with more cars.