Well I made it out
#851
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Thread Starter
Join Date: Nov 2006
Posts: 1,095
Strangest thing, police called and trailer is back in my yard. Total cost to me was $398 towing to the tow yard, $100 for new In Cab Monitor and I'll take care of the driver with his GPS.
Have no idea what they stole it for. I was talking to the DOT agent who found it and he said sometimes they steal things just to move stuff. Amazed I have it back, especially down in Miami. I must say I enjoyed the trip from Miami, back up to Broward with truck and trailer. Wouldn't mind taking another short road trip. Hey Sideman, good luck with that truck and driver. If I understand are you driving local and sending your truck OTR?
#854
I was referring to your comment here:
"No matter how you look at it; when you're buying real estate you're getting an APPRECIATING asset..." Must be a lot different there. Here you might swing less down on something up to a fourplex if it's owner-occupied. Anything over a fourplex is going to be commercial property. With the commercial market these days, good luck...even with 20% down. As LCH said, there are fewer and fewer markets every month where you'll get significant positive cash-flow with a minimal down. Maybe I need to move to Canada.
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#855
Merrick, I am driving as a company driver local and my driver is running OTR.
He is on his way to Oregon right now. I decided to do this so I can take kids to Cub scouts, etc... Rates are to crappy to have hometime. When they get older I will get out again. New driver has grown kids, and not married. 42 yrs old, mature, nice attitude, clean mvr. He likes to run months at a clip. I think he will be happy.
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#857
Senior Board Member
Thread Starter
Join Date: Nov 2006
Posts: 1,095
Cliff Notes would be, a guy drove a truck as he wanted to see the country and didn't know what else he would do at that moment of his life. Realized that he enjoyed himself but can't make money with a big company. Bought own truck and did that for a bit but you are only going to do so much with that, long story short now is up to 8 trucks, has no life and works 24 hours a day. Well not every day but when the phone rings at 3AM it's NEVER good. And really in summation, trucking is one brutal business. And that' no joke. Will not be adding any more trucks at this moment and is reviewing applications for an assistant. And really as I run the trucks with friend's, we are really running like 25 trucks. This economy has pushed him to the brink of shutting down. He just got his truck payments deferred for 3 months which will keep him afloat for a while. Apparently a lot of people are doing that now. Fortunately, though we run the trucks together we are two different companies and I do things my way and am not behind in any bills. This year want to get more into brokering and factoring. As for the factoring, not even really with the trucks though I do that too, but would like to hook up with exporters and shippers who do not or can not wait 60 days or so to get paid from Walmart. And I will say it again, as there are many who want to get into this business and own a fleet of trucks, this is one brutal business. You can have money in the bank, great accounts, fuel discounts, tire discounts shop discounts and one mental case driver can cause more problems then you realize.
#858
Cliff Notes would be, a guy drove a truck as he wanted to see the country and didn't know what else he would do at that moment of his life.
Realized that he enjoyed himself but can't make money with a big company. Bought own truck and did that for a bit but you are only going to do so much with that, long story short now is up to 8 trucks, has no life and works 24 hours a day. Well not every day but when the phone rings at 3AM it's NEVER good. And really in summation, trucking is one brutal business. And that' no joke. Will not be adding any more trucks at this moment and is reviewing applications for an assistant. And really as I run the trucks with friend's, we are really running like 25 trucks. This economy has pushed him to the brink of shutting down. He just got his truck payments deferred for 3 months which will keep him afloat for a while. Apparently a lot of people are doing that now. Fortunately, though we run the trucks together we are two different companies and I do things my way and am not behind in any bills. This year want to get more into brokering and factoring. As for the factoring, not even really with the trucks though I do that too, but would like to hook up with exporters and shippers who do not or can not wait 60 days or so to get paid from Walmart. And I will say it again, as there are many who want to get into this business and own a fleet of trucks, this is one brutal business. You can have money in the bank, great accounts, fuel discounts, tire discounts shop discounts and one mental case driver can cause more problems then you realize. Pictures? :lol:
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#860
Senior Board Member
Thread Starter
Join Date: Nov 2006
Posts: 1,095
Well he was working with CH, I basically run the trucks now but he is not so good with managing money. I kept buying Freightliners and he's got fancy Kenworths. We've kept real busy; have good accounts but it doesn't matter what your income is if your expenses are more.
We actually still do a lot with CH, but we work with a lot of specialized divisions and really if the rate is not where it needs to be we don't take it. I'm on one now for them, St Louis to Savannah, GA dry for $2.00 a mile. Works for me and I don't have to worry about being paid. A lot of times I ask for another $20 or so to cover their quickpay fees. |
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