On the first bike the issue was leaving the maintenance and repairs to the driver. Hence it is necessary to bill drivers for maintenance and insurance for the bike to eliminate such issues. If a driver damages the bike you get it fixed and you send them the invoice and if they fail you raise a lawsuit against them. In that way you keep your drivers responsible and fair..
You're actually incredible for sharing about your journey so openly and not being stingy with information - your responses to comments? Love your vibes! Very interesting endeavor and seems like less of a headache than running the actual delivery part.
Thank you so much for watching my videos! I also appreciate it when people are willing to share information and also try to do the same when I have information
Please Kindly share the financial break down or maybe an example to give us a broader perspective of the costs involved including returns when starting such a business(it doesn't have to be your personal figures but a example) if possible Regards ❤️
Hi Millie, I am currently doing research on the bike business. How did you go about setting up your contracts for the drivers and what are the lessons that you have learnt from running the business?
😃 The draft contract 👋 hi everyone, I got it, Milly emailed me. Thank you so much for sharing this valuable information. Two years ago I wanted to start this business but there wasn't much information out there & those who had, didn't want to share it. We grateful & appreciate you for all the videos & info that you share with us 🙏 May God bless you abundantly. Peace Love & Positive vibes to everyone ❤
Hi thanks for the vid..im also in this business..but u shudnt be buying parts from dealers .your maintenance is going to be far to high..but u nailed it..the drivers can make or break u..very informative video
I am glad I found this video two years later. I am looking into the business of renting delivery bikes and I have a few questions for you: how much rental fee do you charge and what is the payment frequency? Is it weekly; biweekly perhaps? Which company installed tracking devices on your bikes? Lastly do you have a template for Nike rental agreement? Hope you can revert to me and answer my questions. Thanks for sharing such valuable information.
Hi, how much do you charge for rental per week? Where does the bike stay? Do they pick it up from you everyday or they keep it by their residence? Which costs do you bear and which costs do they bear? So do you only cover maintenance, tracker and insurance and they cover petrol and damages and their rental?
Good video to learn how to drive for Uber Eats, Doordash and other food delivery in South Africa , for new drivers to learn, drive and earn very good money. Thank you. Good luck with your youtube channel Brother. God bless you.👍✌️❤️🙏💕🙂
Thank you so much for sharing your experience and being transparent, highly appreciated it. I'm about to venture into the same business now I know what to look out for. May I ask you please share the contract you had with your driver's or assist in where I can get it. 🤗
Hey there, hope you good thanks for the good video on this. I wanted to know if you must get insurance on the bikes? Or is it okay to just get trackers?
Hi, I really liked your video sharing your experience in this business. I also want to get involved in this business I like it. Also, you scored yourself a fan❤💫😁
Hey, we made the decision to use a rent to buy business model for the following reasons: 1. We wanted to get the best and most responsible drivers for our bikes who will make an effort to take care of the bikes, so in a way, giving them (bike drivers) an opportunity to own the bike after sometime is an incentive to get them to be more careful with the bike. 2. To gain a competitive advantage over other businesses that are just renting out bikes. 3. The shelf life of delivery bikes (that are being used everyday) is not that long, it's about 2+ years (depending on how well you take care of the bike). We don't want the hassle of having to maintain, repair and service older bikes (it will probably be costly). 4. We just want to help out the drivers, if they can get to a point where they own their own bike don't have to pay a weekly fee to rent out one then that means all of the money they make will be theirs. Which is great!
Heyy been binging your vids ...love the way you explain So can I ask if I start a motorbike rental business let's say Uber eats how will i be able to handle finances like giving the driver his salary and getting my profit and one more thing please share the draft of the contract please.
Loved your content....I learnt a lot as a taxi owner who wants to venture in this business, I wasn't aware that contracts must signed between me and the renter cuz in the taxi bizz, we sign nothing. Could you maybe assist ka draft ya contract plz ntokazi entle
Hey, glad tou enjoyed the video. I base the amount I charge per week on how much other bike owners in my area are charging. I try to charge a bit lower than them so that I have a competitive advantage and don't struggle with trying to get drivers for my bikes.
Hello how are you, just wanted to thank you for your insight as ii want to buy bikes and rent them out Wanted to find out from you how did you make your contract with the drivers
Hey, I'm great and how are you got? I got a draft from a lawyer that I then modified slightly so that it fits my needs. If you'd like a copy of the draft you can email me at letstalkpersonalfinance@gmail.com
Hi Millie I saw your video and it inspired me to get into the business. Thanks for the great content. I sent you an email earlier today with just a few questions. Looking forward to hearing from you Thanks again!
@LetsTalkPersonalFinance Hey Milly, absolutely amazing content, I'm truly inspired. Would it be possible to share the draft of the contract you use. I've currently sent you a email
Hi thank you for sharing this. Can I please get a draft of the driver contract of you don't mind? What would you say is a good number of bikes to start with too?
@@LetsTalkPersonalFinance Thank you so much. When you draft a contract for the renter, is there any party maybe a legal party you involve and do you do repairs and services with fuel filling or the driver does all of that??
Hey, during the signing of the contract I just have a witness there and with regards to the repairs and fuel filling, the renter takes care of all of that.
Hi, I had my bike which I did not use that much, and I think of renting the bike.If I may ask you, how do you draft your contract and are there any steps you take before drafting your contract
Hey, it depends on who you go to but I pay around R350 for servicing. So currently the drivers are responsible for the servicing and unfortunately they don't always service when they are supposed to
Hi my sister thank you so much for sharing this videos with us. I am working as a teacher and I also did a side hustle for mr d food, I would like to ask, let say I buy a bike, what is the procedure if you want to rent it to uber eats. Also can I register as many bike and find.my own drivers
Thank you for watching this video, to rent out your bike you can other get a driver who already had a profile on Mr D food who will then rent out the bike from you (this is what I do) or you could try and get your own profile created on Mr D Food and then get a driver to use that. I'm not too familiar with this process but it can either be a short or long process depending on where you are based in SA and whether or not Mr D Food needs more drivers in your area.
Thank you for the information you have just shared. I will send you an email tonight. I started the same business about 3 months ago, I want more guidance.
Thanks sis I want to buy a bike myself and rent it but can u pliz estimate for me how much can I get out of my bike a week? And how much is anew bike? Thanks
Hi, so for a brand new bike you would need anywhere between R17 000 and R20 000 depending on the accessories you decide to add to the bike and you can charge between R600 and R800 per week for renting out the bike
This video is so informative , thanks a million times....I so wish to buy a bike as well but I don't have enough money to, would it be wise to get a loan maybe?? And go for a second hand bike I don't know I'm clueless kindly assist🙏🙏
I personally don't use loans and think the entire business would be less stressful if you don't take out loans to buy the bikes. If you are considering getting a loan, you will have to do some calculations to figure out if you will make any profit. You will need to find out how much your loan repayment to the bank will be and ensure that it is far less than your expected income from your driver. Profit = (Monthly Income) - (Loan Repayment + Tracker + Insurance + Any other bike expenses you might have) You also need to have some money saved up so that you can afford to pay back the loan repayment in the event that you don't have a driver or your driver delays paying you
This business is like being in the taxi industry ....... I would have definitely vigorously massaged those two drivers you spoke about. 😂😂😂😂..... I'm joking
Hello, great and informative video. Although I see its an old one please help me as im only diving into this concept now. I have watched couple of your vids and but was interested in this specific one. I have sent you an email concerning this and please can I get an exampler contract that you made the driver sign.
@@LetsTalkPersonalFinance Hi there, can you follow the driver in real time with Car Track and set a geofence with notifications if the driver leaves a predetermined area? And around how much is insurance on a R20 000 motorbike? Thanks for the great information!
@@nielsaayman yes you can, I'm I the same business and use cartrack. Last week Teo of my bikes were stolen and car track didn't recover them because the signal doesn't pick up when the bile isn't switched on, I'm researching better tracking options
Interesting information shared there- just to ask how much is the payment made per week for 1 bike? Do you mind also sharing the template of the contract if it is not a lot to ask for?
So is there any good thing that came out of the rent to buy business of bikes. I would like to get into this industry as well but I would like to find out from you if it has been viable or if it is a viable business to venture into
Yes, some good things have come out of it but I think that I have learnt quite a lot from this business. I'll be releasing another video talking about this.
Hi Dear. Uhm really What I would like to know are all the costs that You encountered, From Buying the bike, to How much it cost for the tracker. I’d also like to know how much Do you rent out each bike and the Frequency Of Those payments
Hey there Ive been researching this type of business and I have spoken to drivers as well and they have drivers for me. I would however like to know what is the step by step on how to get started, what do I need to do besides have the bike and all the things you covered in this video Do I contact Mr d and speak to them on anything? or paperwork to sign? Thank You
Once you have a bike and you have a driver then you are for the most part good to go! I just recommend the following: • Have a tracker installed on your bike (I am using Cartrack). • Try and get your bike insured (I am currently still looking for a good insurance company). • You will also need a contract that both you and your chosen driver will have to sign, make sure the driver understands all or the terms and conditions of the contract. • The drivers that I work with always have their own Mr D Food/ Takealot or Uber Eats accounts, so I don't have to get any of them.
@@LetsTalkPersonalFinance I've contacted cartrack and was hooked up with a broker of their company. They have linked me with budget insurance that gave me a good deal for like R940 bucks to cover 2 bikes. What Cartrack suggested was have Budget cover 2 bikes and then take that premium to a other insurance company in order for me to have cover on my other 3 bikes.....if however they come in cheaper I can then move all my bikes under the new insurance given that the premium is cheaper.......let's see how I plays out.....I've also been advised that there is no point in adding extra cost with a tracker where the full comprehensive plan covers the bikes in the even of theft, damage, accidents etc.......that's all with budget contact person is Kitso. If you happen to make contact with him let him know that Michael Waites has referred you
![Blox Fruits Dragon Rework Update [Full Stream]](http://i.ytimg.com/vi/EqDAp8udhm0/mqdefault.jpg)
On the first bike the issue was leaving the maintenance and repairs to the driver. Hence it is necessary to bill drivers for maintenance and insurance for the bike to eliminate such issues. If a driver damages the bike you get it fixed and you send them the invoice and if they fail you raise a lawsuit against them. In that way you keep your drivers responsible and fair..
You're actually incredible for sharing about your journey so openly and not being stingy with information - your responses to comments? Love your vibes! Very interesting endeavor and seems like less of a headache than running the actual delivery part.
Thank you so much for watching my videos! I also appreciate it when people are willing to share information and also try to do the same when I have information
Period 🥺 she’s the best.
Thank you for that!
Hello my name is Solomon from Mozambique I'm traver pg
I think you’re the breakthrough I needed🙇🏻♂️🙇🏻♂️🙇🏻♂️❤️❤️❤️❤️❤️
I'm so glad I found you😊... I have been thinking about this business. I just subscribed to your channel, Here's to financial freedom 🎉🎉🎉
You've gained my support, all the way.
Your videos are Much appreciated, stay blessed.
Finding this video 2 years later is such a win. Knowing what you know now, would you give it a shot again?
Please Kindly share the financial break down or maybe an example to give us a broader perspective of the costs involved including returns when starting such a business(it doesn't have to be your personal figures but a example) if possible
Regards ❤️
Hi Millie, I am currently doing research on the bike business. How did you go about setting up your contracts for the drivers and what are the lessons that you have learnt from running the business?
Hi. Did she reply to you about the contract? May you please share it with me?
Hi, did you by any chance get the contract that you can share?
😃 The draft contract
👋 hi everyone, I got it, Milly emailed me. Thank you so much for sharing this valuable information. Two years ago I wanted to start this business but there wasn't much information out there & those who had, didn't want to share it. We grateful & appreciate you for all the videos & info that you share with us 🙏 May God bless you abundantly. Peace Love & Positive vibes to everyone ❤
May I kindly request the draft contract
Hi ☺️ would you be so kind to share her email address? I will gladly appreciate it, thank you again
Kindly share the draft contract
Hey please send it to me too if you don't mind.
would you be willing to forward me this draft??
You are an absolute legend Millie🙌🏾🙌🏾🙌🏾🙌🏾
Thank you so much! It means a lot
@@LetsTalkPersonalFinance I sent you an email Millie. Please peruse it and get back to me when you get a chance👏🏾
New subbie , I love how you simplify everything ❤️
Thank you for subscribing!
Hi thanks for the vid..im also in this business..but u shudnt be buying parts from dealers
.your maintenance is going to be far to high..but u nailed it..the drivers can make or break u..very informative video
thank you for this information. 🙏🏼
This was valuable information. I’m looking into renting out bike business so this helped a lot
I'm glad I was able to help
Thank you 🤗 🤗, i love how you break down ❤❤❤
I am glad I found this video two years later. I am looking into the business of renting delivery bikes and I have a few questions for you: how much rental fee do you charge and what is the payment frequency? Is it weekly; biweekly perhaps? Which company installed tracking devices on your bikes? Lastly do you have a template for Nike rental agreement? Hope you can revert to me and answer my questions. Thanks for sharing such valuable information.
Very inciteful and informative. Thank you for sharing your story, apologies for the experience you went through humans are just weird.
Really insightful and educational👏
Thank you my sister for sharing your experience with us it's really helpful Our Almighty God blesses you
I do this. She's spot on with everything. I advertise on Facebook market place tho
Can you help
Hi, how much do you charge for rental per week? Where does the bike stay? Do they pick it up from you everyday or they keep it by their residence?
Which costs do you bear and which costs do they bear? So do you only cover maintenance, tracker and insurance and they cover petrol and damages and their rental?
Am really imprest ,great advise.Which company is fitting your tracking devices?
Great channel. Just what I was looking for. Are you still in the bike rental business. Can we talk? I'd like to start one this year - 2024
Hi Millie, I love your content
Very clear and candid. I subscribed and I will be viewing your lessons Mam. Thanking you :)
Thank you for subscribing!
Good video to learn how to drive for Uber Eats, Doordash and other food delivery in South Africa , for new drivers to learn, drive and earn very good money. Thank you. Good luck with your youtube channel Brother. God bless you.👍✌️❤️🙏💕🙂
Just subscribed recently and binged all your videos 😁 love your content !
Thank you so much for subscribing and watching my videos! It really means a lot
Actually thinking of getting into this
hi, could you please send a template or example of contract between owner and renter?
Thank you so much for sharing your experience and being transparent, highly appreciated it. I'm about to venture into the same business now I know what to look out for. May I ask you please share the contract you had with your driver's or assist in where I can get it. 🤗
Hey… Just came across your channel. This was insightful thank you for sharing.
Thank you so much for watching the video, I'm glad you found it useful!
Very helpful, Thank you sister
Hey, firstly Thank you for the information...i have a question...Why rent to buy, why not just rent out?
This is very interesting... Always had such an idea but never really gave it much thought on how I could go about it.
Hi! You should definitely think about getting into the business in 2022
@@LetsTalkPersonalFinance I will look into.... I'm always at malls making small talks with these guys in parking lots I will approach one or two guys
Thank you sharing great video definitely going to subscribe.
Thanks my sister for sharing your business Journey with us it is really helpful Bless you.
Glad it was helpful!
Lol at the "domestic issues". Thank you for this video, my friend and I are considering this business.
Hey 👋, I'm really glad you found this video helpful!
HI where can I get bike and how much
Hey there, hope you good thanks for the good video on this. I wanted to know if you must get insurance on the bikes? Or is it okay to just get trackers?
Great video. 🎉🎉 How do i get someone who can rent car for Takealot delivery
Hi, I really liked your video sharing your experience in this business. I also want to get involved in this business I like it. Also, you scored yourself a fan❤💫😁
Thank you for watching, you should definitely get into the business!
Thanks alot for the video am subscribing to your account been really wanting this information
Thank you so much for subscribing!
Be a good judge of character
I need to listen to your instincts more & be assertive.
True
So informative, thank you!
all the best :)
Thank you so much for watching💕
Wish I could meet you and talk over lunch. Seems like I could learn a lot from you.
some rent out bikes just to exchange parts to fix their own bikes...beware of that
Hi. Thank you so much for the information. Why do you rent to buy. Why not just rent it out? Are you compelled by any law or something?
Hey, we made the decision to use a rent to buy business model for the following reasons:
1. We wanted to get the best and most responsible drivers for our bikes who will make an effort to take care of the bikes, so in a way, giving them (bike drivers) an opportunity to own the bike after sometime is an incentive to get them to be more careful with the bike.
2. To gain a competitive advantage over other businesses that are just renting out bikes.
3. The shelf life of delivery bikes (that are being used everyday) is not that long, it's about 2+ years (depending on how well you take care of the bike). We don't want the hassle of having to maintain, repair and service older bikes (it will probably be costly).
4. We just want to help out the drivers, if they can get to a point where they own their own bike don't have to pay a weekly fee to rent out one then that means all of the money they make will be theirs. Which is great!
Wow.. You really thought this through. Everything you said was helpful. Thank you very much.
Beautiful 🎉
So helpful video
I'm glad I could help! Thank you for watching!
Do you need a lisence to buy a motprcycle, if you gonna rent it?
Yes
Great stuff, where do you buy the bikes?
Heyy been binging your vids ...love the way you explain
So can I ask if I start a motorbike rental business let's say Uber eats how will i be able to handle finances like giving the driver his salary and getting my profit and one more thing please share the draft of the contract please.
Good day, loving your videos, quick question... as you've registered your bike under a/your company, do you pay taxes?
New subbie! Love the content❤️
Thank you so much for subscribing!
Thank you for this really insightful
Loved your content....I learnt a lot as a taxi owner who wants to venture in this business, I wasn't aware that contracts must signed between me and the renter cuz in the taxi bizz, we sign nothing. Could you maybe assist ka draft ya contract plz ntokazi entle
Hey, you can send me an email at letstalkpersonalfinance@gmail.com and I'll sent you a copy of the contract I use
Loved the video very informative. How do you determine how much the rent will be on the bikes?
Hey, glad tou enjoyed the video. I base the amount I charge per week on how much other bike owners in my area are charging. I try to charge a bit lower than them so that I have a competitive advantage and don't struggle with trying to get drivers for my bikes.
Thank you for this video, super informative. Liked and Subscribed.
Thank you so much for the support!
Hi,
I am planning to buy and rent out a motorbike.
What is the minimum weekly payment ?
I like your videos and am already subscribed
Thank you so much for the support!
Hy Millie which bikes do you buy or recommend
Hi,
I just re the rental draft contract,thanks very much you are a star❤️❤️
You're welcome!
Can I please Get the draft Contract
Yes, you can email me at letstalkpersonalfinance@gmail.com
Hy so why didn’t insurance the bike for cases like those where your bike is damaged ?
All of the insurance companies I have looked at are too expensive and have very high claims, I am still looking for a reasonable insurance company
Hello how are you, just wanted to thank you for your insight as ii want to buy bikes and rent them out
Wanted to find out from you how did you make your contract with the drivers
And is the business profitable to go into
Hey, I'm great and how are you got? I got a draft from a lawyer that I then modified slightly so that it fits my needs. If you'd like a copy of the draft you can email me at letstalkpersonalfinance@gmail.com
From my experience so far, yes it is profitable. It also comes with some challenges though
Hi. Thank you for your video. What type of motorcycles did you end up buying for your business and how did you come to a decision? Thanks
Bidboys are popular
Do you have a blog?
Hi Millie
I saw your video and it inspired me to get into the business. Thanks for the great content.
I sent you an email earlier today with just a few questions. Looking forward to hearing from you
Thanks again!
Hey, thank you for watching my videos. I think I've already responded to your email
@LetsTalkPersonalFinance Hey Milly, absolutely amazing content, I'm truly inspired. Would it be possible to share the draft of the contract you use. I've currently sent you a email
No insurance for accidnetal damages for the bikes?
Hello There,so do you insure the bikes if so it's how much per bike,
So currently, none of the bikes are insured. It's been hard getting an insurance company that is willing to insure bikes that are being rented out.
Hi thank you for sharing this. Can I please get a draft of the driver contract of you don't mind? What would you say is a good number of bikes to start with too?
Hey, at an average how much do you expect the driver to make you every month? Could be in range.
Hey, so I charge them R600 a week which is R2400 per month. Any amount of money they make more than the R2400 they get to keep.
@@LetsTalkPersonalFinance Thank you so much. When you draft a contract for the renter, is there any party maybe a legal party you involve and do you do repairs and services with fuel filling or the driver does all of that??
Hey, during the signing of the contract I just have a witness there and with regards to the repairs and fuel filling, the renter takes care of all of that.
Hi, I had my bike which I did not use that much, and I think of renting the bike.If I may ask you, how do you draft your contract and are there any steps you take before drafting your contract
Hey, you can send me an email, letstalkpersonalfinance@gmail.com, and I'll send you the draft contract that I use
Hi, I'm thinking of getting into this business, can I also get tips on how to draft a contract.
@@LetsTalkPersonalFinance Hi, i tried sending an email to this address it just says address not found :(
Hey, can you just check the email that you typed in? letstalkpersonalfinance@gmail.com should work
How much does a service cost ? How often do you service it ? With a bigboy the service intervals are 3000Km.
Hey, it depends on who you go to but I pay around R350 for servicing. So currently the drivers are responsible for the servicing and unfortunately they don't always service when they are supposed to
Hi my sister thank you so much for sharing this videos with us. I am working as a teacher and I also did a side hustle for mr d food, I would like to ask, let say I buy a bike, what is the procedure if you want to rent it to uber eats. Also can I register as many bike and find.my own drivers
Thank you for watching this video, to rent out your bike you can other get a driver who already had a profile on Mr D food who will then rent out the bike from you (this is what I do) or you could try and get your own profile created on Mr D Food and then get a driver to use that. I'm not too familiar with this process but it can either be a short or long process depending on where you are based in SA and whether or not Mr D Food needs more drivers in your area.
How do you make per week in each bike
Thank you for the information you have just shared. I will send you an email tonight. I started the same business about 3 months ago, I want more guidance.
Thank you so much for watching. I saw and replied to your email.
Please advise on how much do you rent out your motorbike for a week?, so I have a benchmark for the industry
Thanks sis I want to buy a bike myself and rent it but can u pliz estimate for me how much can I get out of my bike a week? And how much is anew bike? Thanks
Hi, so for a brand new bike you would need anywhere between R17 000 and R20 000 depending on the accessories you decide to add to the bike and you can charge between R600 and R800 per week for renting out the bike
This video is so informative , thanks a million times....I so wish to buy a bike as well but I don't have enough money to, would it be wise to get a loan maybe?? And go for a second hand bike I don't know I'm clueless kindly assist🙏🙏
I personally don't use loans and think the entire business would be less stressful if you don't take out loans to buy the bikes. If you are considering getting a loan, you will have to do some calculations to figure out if you will make any profit. You will need to find out how much your loan repayment to the bank will be and ensure that it is far less than your expected income from your driver.
Profit = (Monthly Income) - (Loan Repayment + Tracker + Insurance + Any other bike expenses you might have)
You also need to have some money saved up so that you can afford to pay back the loan repayment in the event that you don't have a driver or your driver delays paying you
Hello.
How did you go about drafting the agreement between you and the driver
How much were the bikes?
This business is like being in the taxi industry ....... I would have definitely vigorously massaged those two drivers you spoke about. 😂😂😂😂..... I'm joking
Hahahahaha, it definitely can get stressful if you are working with the wrong people
Hi Which Tracker are you using and how much is the monthly premium.
Are your bikes insured ? If so, which insurance and what is the monthly premium?
Tracker is R150 from the company Cartrack
Outsurance is around R500 per month
R75 from Tracker
Hello, great and informative video.
Although I see its an old one please help me as im only diving into this concept now.
I have watched couple of your vids and but was interested in this specific one.
I have sent you an email concerning this and please can I get an exampler contract that you made the driver sign.
Hello. With which company did you get the quotation and the fitment of the tracker?
Hi, I used car track
@@LetsTalkPersonalFinance Hi there, can you follow the driver in real time with Car Track and set a geofence with notifications if the driver leaves a predetermined area? And around how much is insurance on a R20 000 motorbike? Thanks for the great information!
@@nielsaayman yes you can, I'm I the same business and use cartrack.
Last week Teo of my bikes were stolen and car track didn't recover them because the signal doesn't pick up when the bile isn't switched on, I'm researching better tracking options
@Dee Khonkhe I'm really sorry to hear that your bike got stolen.
Rather get them to work for you with takalot and Uber eats etc.
I am trying to get a bike n get someone to work for me
Interesting information shared there- just to ask how much is the payment made per week for 1 bike? Do you mind also sharing the template of the contract if it is not a lot to ask for?
@letstalkpersonalfinance how much do you charge the drivers per month?
I charge them R600/ week which amounts to R2400 per month
Hi Millie is it possible if I could get a draft perfoma of the contract from you
Hi which is the best insurance you can recommend for me, I have cartrack even now they cant pickup my bikes tracking system
Hey, I am also currently using cartrack and I'm also looking for alternative companies
So is there any good thing that came out of the rent to buy business of bikes. I would like to get into this industry as well but I would like to find out from you if it has been viable or if it is a viable business to venture into
Yes, some good things have come out of it but I think that I have learnt quite a lot from this business. I'll be releasing another video talking about this.
Good morning Milly, I hope you are well I sent you an email asking for the draft contract.
Thank you for sharing such valuable information.
❤good staff I just submitted
Hy sisi do you still doing the rent to buy service
How much did you rent out your bike?
Hi Dear. Uhm really What I would like to know are all the costs that You encountered, From Buying the bike, to How much it cost for the tracker. I’d also like to know how much Do you rent out each bike and the Frequency Of Those payments
Hey there
Ive been researching this type of business and I have spoken to drivers as well and they have drivers for me. I would however like to know what is the step by step on how to get started, what do I need to do besides have the bike and all the things you covered in this video
Do I contact Mr d and speak to them on anything? or paperwork to sign? Thank You
Once you have a bike and you have a driver then you are for the most part good to go! I just recommend the following:
• Have a tracker installed on your bike (I am using Cartrack).
• Try and get your bike insured (I am currently still looking for a good insurance company).
• You will also need a contract that both you and your chosen driver will have to sign, make sure the driver understands all or the terms and conditions of the contract.
• The drivers that I work with always have their own Mr D Food/ Takealot or Uber Eats accounts, so I don't have to get any of them.
Hello how to register ?
Hello it very helpfully video i subscribe . How much do you make ? Im also looking forward to your part 2 video
which tracker company is good?
Hi there
This was so helpful. Which insurance company and tracker company have you used
Hi, I'm glad you found the video helpful. I am using Cartrack and I'm in the process of looking for a insurance company
@@LetsTalkPersonalFinance I've contacted cartrack and was hooked up with a broker of their company. They have linked me with budget insurance that gave me a good deal for like R940 bucks to cover 2 bikes. What Cartrack suggested was have Budget cover 2 bikes and then take that premium to a other insurance company in order for me to have cover on my other 3 bikes.....if however they come in cheaper I can then move all my bikes under the new insurance given that the premium is cheaper.......let's see how I plays out.....I've also been advised that there is no point in adding extra cost with a tracker where the full comprehensive plan covers the bikes in the even of theft, damage, accidents etc.......that's all with budget contact person is Kitso. If you happen to make contact with him let him know that Michael Waites has referred you
Thank you so much for sharing, I'll definitely get Budget insurance out.