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In this YouTube video tutorial, Mike the businessman discusses the importance of having a proper rental agreement for renting out vehicles. He emphasizes the necessity of creating a rental car agreement with the help of a lawyer to ensure all bases are covered. Mike warns against skipping this step as it can lead to legal issues and problems in the event of an incident. He shares that he paid over a thousand dollars to have his rental agreement properly created.Skipping this step and starting to rent out cars without a rental agreement can lead to potential problems.
