BIGGEST Mistake (so far) Renting Out Dump Trailers! **Watch This BEFORE You Start!**

BIGGEST Mistake (so far) Renting Out Dump Trailers! *Watch This BEFORE You Start!*
Elite Equipment Rental
Here is a video where I describe the time I made my biggest mistake in this business. Thank you to everyone that is here watching. If you are one of my haters, hit me up, lets collab. But just take a few minutes to watch this amazing tip on renting out dump trailers - Don't let this happen to you! It will be worth it to check this out because it can save you a lot of aggravation and time!!!
Interested in a personal consultation? Here is the link ( www.buymeacoffee.com/EliteEqu... )!
Thanks for watching and please don't forget to LIKE, SHARE AND SUBSCRIBE!!
#TRAILER #dumptruck #dumptrailer #rentals #equipment #makemoneyonline #tips
renting out dump trailers watch this before you start, renting out dump trailers, starting a dump trailer rental business, starting a trailer rental business

[@EliteEquipmentRentals]

Please consider giving me the opportunity to help you start your own dump trailer rental business, you can book a 1 on 1 consultation here! www.buymeacoffee.com/EliteEquipment/extras

[@MadDad303]

Hey bro, if you want us to make it to the end of these videos you gotta make em short, sweet & to the point. This video could've been 5 minutes or less. 👍

[@EliteEquipmentRentals]

Thanks for the tip

[@asheetuglasse]

If we didn't make mistakes in life we wouldn't learn how to succeed

[@EliteEquipmentRentals]

That's facts!

[@memes2chill]

So True

[@JohnnieMataska-zd9hc]

Video is much appreciated. I’m in Austin and have been checking out different ideas to figure out what equipment or tools would bring the best roi for this area. I’m going to check out your materials and other videos and then probably reach out. Thanks for your candid honesty.. very good info.

[@RobXb]

I got two similar trailers like yours. I use them for my roofing business but roofing is slow at the moment. I definitely don’t want them sitting outside causing a problem for my neighbors or potential damage. My biggest fear at the moment is losing or getting a trailer damaged. Already had to pay 4k cause my trailer was damaged by overfill.

[@BrianDriesenga]

Thank you for sharing your story! Never considered this type of scenario.

[@digigold6069]

No sheetrock, no dirt, no sand, no concrete, no shingles. That is a No No in my trailers. If it rains everyone of those double in weight. No exceptions

[@junkmail8727]

Thanks for the share! I know it can be hard to admit something like this! It is for me! Great content!

[@acemaddox7027]

Saw you on TikTok and Instagram and you gave me the push to start my own business. Thank you for sharing knowledge

[@EliteEquipmentRentals]

Best wishes to you and thank you

[@ShawnsTrains265]

Thank you for sharing this. I'm looking at renting trailers, and there is a lot I learned listening to this. I wish you the best of luck going forward. I made it to the end, Waukesha Wi. Looking to rent trailers and I own a bus company that's getting started.

[@joelortiz4853]

I literally had a similar deal on my first rental. Dude filled it past its limit. Hand unloaded a third of it til the boom lifted the load. Learned alot since then.

[@zpbossik]

Thank you Very much for Sharing this information I am considering starting a business and this helped me a lot to Consider all the pitfalls that might I might be Facing

[@EliteEquipmentRentals]

Best of luck!

[@jameschupp2230]

Wow, That is a tough one! I have had a tough one as well... It pays to have an agreement thought out to prevent losing a ton of money or equipment. Good Job, It sounds like your business is working good, now.

[@andrewslagle1974]

I run various businesses ,They all have learning curves. I have made mistakes also.My intro to business teacher in collage told me your first 6 mo in business will teach you more than x4 years in school .He was right!As long as no one got hurt ,you were not sued and it did not put you out of business and you learned from it your ok!I was thinking of getting into the dumpster / dump trailer business .I was thinking of a trailer with the dumpster's set up .I run a medium size firewood business and was thinking of adding the dumpster business to bring income in over the summer .

[@farmerbob728]

Nice video... You're information will help others out. Very few people are knowledgeable about dirt weight and volume. Unless you have been around it along time.

[@EliteEquipmentRentals]

Yea man I agree and thank you very much!

[@steveomatic73]

I made it to the end! Looking to start a dumpster business in Metro Detroit. Thanks for the great videos

[@colonialroofingofnorthcaro441]

Yea most people, pull forward fast to slide the stuff out compared to slamming on brakes to get gravity to make it slide out

[@lgastelum2070]

Buckeye Az researching for a side gig.Really good info video.

[@pridenservicejunkremoval5087]

What a great learning experience only made you stronger

[@nfconstruction1087]

Thanks for the story I’m a drywall contractor in Oregon was thinking about getting a dump trailer tired of hand loading and unloading scraps time consuming and was thinking of how the trailer could make me money while its not in use but wasn’t sure about it renting it cause people aren’t gonna treat your stuff the way you would, story was helpful

[@joeamesquita6131]

Good thing is... is dump trailers are very durable and last forever. I used mine for 6 years doing junk removal and my employees were very hard on it. Still going strong 💪

[@georgelokko4333]

You’ve got resilience. Don’t give up

[@EliteEquipmentRentals]

Thank you very much.

[@davemyrie8275]

Am from Charlotte..I lesson to your full story about your trailer..I do junk on dumpster rental am new

[@ali24B]

Crazy story man I’m definitely gonna be joining your discord soon!

[@EliteEquipmentRentals]

Sounds good thanks man

[@robertpalma9451]

Great story thank you for sharing. I definitely am not going to rent my dump trailer out for dirt or concrete and will definitely have a contract that i must be able to lift trailer before leaving. Good stuff

[@EliteEquipmentRentals]

Best wishes to you man.

[@robertpalma9451]

Thanks@@EliteEquipmentRentals

[@tonydominguez79]

I’m in Las Vegas Nevada. I have a dump trailer and that’s a fear of mine as well starting the business.

[@EliteEquipmentRentals]

Yeah man I completely understand, don't make the same mistakes I did!

[@UncleSarkis]

Thanks for sharing man. I made it to the end. I am active duty in the military, I bought a house in Lancaster and I want to stay. I have a year to be successful enough in this business otherwise I have to move to a new duty station next year.

[@EliteEquipmentRentals]

Best wishes to you man and consider doing it, especially out there I think it can be good.

[@UncleSarkis]

@@EliteEquipmentRentals thank you!

[@oldfartsgarage6385]

Just an FYI. I just noticed you have your brake-away cable is attached to the safety chain. I would recommend hooking this up to your truck separately from the chain itself. If the safety hook breaks where it attaches to your truck, the trailer would not lock up the brakes.

[@EliteEquipmentRentals]

Thanks, I will get that fixed.

[@MasonboyMasiel]

Good call

[@scrapmanindustries]

I like how you take ownership of the situation. A bunch of people would blame anyone and everyone else for the situation. And like you said you could have easily handled it differently and caused less harm to yourself and equipment. 30 minutes with a shovel would have went a long way there in that situation. I remember my dads first dump trailer was a little 5x8 bri-mar that would fail to dump a lot in the beginning when we loaded the front too heavy. We would always have to toss some of the heavier stuff out by hand to get it to dump till we learned better how to load it. Seems like you really overthought things and it ended up costing you a bit there when you tried the forklift method. I don’t know how long it’s been since that event and the filming of this video but it seems like you accepted it for what it is and used that bad situation to better yourself in the long run. Props for that.

[@ericamundson4700]

it would help to post pictures on the side of the trailer which show correctly loaded and not correctly loaded . Sometimes it just gets overweight by accident.

[@gibsonslawnservice7261]

Awesome video buying a 7x14x4 ironbull in the morning Grilled cheese conecuh sausages and grits

[@jdirt1982]

What model iron bull? And are you happy with it ??

[@highcrestjunkremoval4737]

Nice video, sorry this happened to you, how do you invoice the customer.?

[@pplowboy1]

trying ta learn ,,i like to start up trailor rental business, this was a good ta see , glad ya did this ,open our eyes up,,we all learn,, makes us better !,, over here in ohio ,i be intersted talk if u had the time ,,thanks ,, im steve

[@fitbyquikfitbyquik1434]

San Diego great info on loads thanks

[@EliteEquipmentRentals]

Anytime thank you

[@robertthehair658]

I'd love to get into dump trailer rentals like Pace Morby as a side hustle. Medford Oregon

[@ezequielv6390]

twin peaks north of san bernadino? What size of dump trailer would you recommend?

[@coreyadams6253]

Couple things. You said you looked up how much dirt weighed ahead of time. 1 yard 2,000 pounds. So that’s where you lost me, if your 12-16 yard dump trailer was completely full, and the trailer can only hold 5 tons you know you’re double or triple the weight. Your hitch even snapped. Got caught up in the moment I guess lol, but that’s crazy that you knew how much it weighed but just didn’t process it in the moment. Secondly, don’t go to the dump with dirt and charge $20 a ton more than the dump charges and waste all the customers money for no reason. You have to take care of your customers. You can go dump for free, charge you’re customers less per ton but still make more profit. Charge by the cubic yard since you don’t have a scale at the free dump site. If it got out that you were purposefully wasting customers money so that you could make the extra surcharge over what the dump charges your reputation would be ruined. Charge what the dump charges per ton and go dump for free. Save the customers money and make more profit for yourself.

[@r.rodriguez4991]

Where did you originally advertise your service and have you found gives you a good retun on your investment?

[@jordanlammens6360]

Off topic but what kind of Mount do you have holding up that iPad?

[@8CountBrown]

Learned a lot… thanks. I like tacos for breakfast!🤷🏾‍♀️

[@EliteEquipmentRentals]

Thank you man best wishes

[@blakebraboy6909]

Are you using a dash cam or go gro for this video. Is so, which make and model? Thanks!

[@EliteEquipmentRentals]

I used a GoPro Hero 8 for this video. Thank you.

[@carlosvasquez6361]

a cubic yard of dirt is over 2200 lbs over 1 ton and my trailer is 12ft long and 6 ft wide to complete the max cap is only 7500 lbs which is only about 3.5 cubic yard and i want to add to my welding bussines llc . i want to rent it too as long there is bussines

[@EliteEquipmentRentals]

Best wishes to you

[@fredhuerta9514]

I like French toast for breakfast

[@omarortiz6895]

Hey dude I'm from Utah state and I will like to get more info about ur business cause I'm think in get it to it but Utah is A busy state on construction now that maybe I need some more info/tips on how get started please let me know what I can do to get started or look into it let me know when you have A minute maybe I can give you my in contact or I can get yours THANK YOU and KEEP IT UP.

[@EliteEquipmentRentals]

Whats up man best wishes to you, I've helped multiple people get started up in Utah, if you have questions and want to set something up, you can get a 1 on 1 with me here. Thanks. www.buymeacoffee.com/eliteequipment/extras

[@nicholas198615]

Tucson Arizona , yamms Lol

[@sergiocampos9371]

What a horrible story man i can understand how discouraging it must have felt. Im seriously thinking of starting this business next year but havent made up my mind as far as the size of it. -What size is your trailer, I'm debating to go 12ft or 14ft Also what gauge are your walls/floor?

[@EliteEquipmentRentals]

My trailers are all 12x8x4, and I dont know the gauge but they are forsure thin bro.

[@sergiocampos9371]

@@EliteEquipmentRentals now having the business rolling and understanding more of it, is the 12ft trailer the best option, or do you feel a 14ft trailer would have been a better option?

[@prant8998]

Shovel! Duh. Always have one. Two guys, two shovels can move a mountain.

[@prant8998]

Given free space, and your equipment in their possession, they will abuse. It’s human nature. People always underestimate what they have, and what they want to rid of. You have to have them sign off, most times, they pay up on the extra.

[@joeamesquita6131]

The rain probably added another 5 thousand pounds

[@drewburgess8097]

Terrible ordeal, but the worst part was when you said he had a 2wd diesel 😂😂😂😂

[@jimpeanut6697]

Could i see your business plan? Like how do i price my trailer, im thinking 250 daily 350 2 days and 400 for 3 days, do i charge for what it costs to dump?

[@jimpeanut6697]

Also how do i do invoices like you do.

[@EliteEquipmentRentals]

I include 1 ton of the dump fee in my initial price, and charge the customer the rest.

[@jimpeanut6697]

@@EliteEquipmentRentals cool man thanks

[@joeamesquita6131]

What would you do different now days?

[@meatballnevaeh]

I did this exact thing with my $14k aluminum trailer. Moving dirt for a friend. Completely allowed it to be over loaded. Shame on me for letting it happen. 3k to have it bent back and it’s still not great at all.

[@EliteEquipmentRentals]

It's good to know others have made the same mistakes as me!

[@ImProPhoenix]

Bean, cheese, bacon & potato burrito

[@EliteEquipmentRentals]

mmmmmm

[@jimbruneau6769]

Wow! That whole ordeal really sucks! BUT you learned from your mistakes! I've got a question; how do you guys get away with NOT having DOT numbers on your trucks? There's a DOT law that says if you haul ANYTHING for money, you have to register for DOT numbers, and are subject to log keeping, drug testing, fire extinguishers and 3 triangles in your truck at all times, and annual vehicle inspections. Around here in Colorado, even Landscaping company pickup trucks have DOT numbers on them... I know if your truck and trailer are GVWR rated under 26,000 you don't need a CDL, but then there is another DOT law that says if you pull ANY trailer with a GVWR of 10,000 lbs or greater that you NEED a CDL Class A license. Several dump trailer Mfg's build dump trailers with 9990 GVWR, so they know all about this deal. In Calif. you need a CDL A to pull RV trailers like toy haulers that are heavier than 10K... I've got a 2500 Dodge Cummins with a GVWR of 8800, so technically I can pull a HD 14K GVWR dump trailer and supposedly NOT need a CDL. BUT what about that over 10K GVWR trailer law requiring a CDL A license? Around here, the State Police DOT Truck enforcement Squad has roving patrols that do side of the road inspections, especially on roads that lead to the dumps and transfer stations, and I see they just LOVE to stop pickup trucks pulling Gooseneck trailers and tarped bumper pulled dump trailers, so you can't be running around with trailers with RENT ME and phone numbers splashed all over them without showing DOT numbers. They WILL axle weigh you and hold you to the GVWR stickers the Mfg puts on any vehicle. A base $100 Overweight fine with $1 a pound over the GVWR stickers added! AND if your 14K GVWR rated dually is pulling a 14K RATED or better trailer and you don't have a CDL A license, they write you a $250 ticket for driving out of class and put you Out of Service and you can NOT move the truck! (at least until they go home at the end of the day!) Had a buddy that went thru this last year... Can anybody shed any light on this?

[@EliteEquipmentRentals]

Hey Jim, thanks for your comment. As far as I am aware, my current setup does not require registration with the DOT. When I inquired about it at the CHP office, I was told that not everyone who is using a for profit vehicle has to register, or else we'd be requiring Uber driver and Doordash drivers to have DOT numbers. Also, it is Federal law that any vehicle with a GVWR of 26k or above needs a class A CDL. Certain states like CA take it a step further and state that if your vehicles GVWR and an added trailers GVWR equal 26k or above, or if your trailers GVWR is 10k or above, a class A CDL is needed. Colorado could follow these rules as well. To stay compliant, all you'd need to do for your particular setup would be to buy a trailer with a 9,999 GVWR.

[@juancabrera7752]

what sizes are your trailers...and what do you charge for them when you rented them out

[@EliteEquipmentRentals]

They are about 13 cubic yards and I charge $350

[@juancabrera7752]

@@EliteEquipmentRentals ok. I’m from J&G Junk Hauling. I started following you Instagram. Congrats on your roll off by the way. Wishing you more success.

[@EliteEquipmentRentals]

Best wishes to you as well man thank you

[@carloscamargo5159]

How Long is your trailer

[@JaredFMansfield]

TLDR: DONT HAUL DIRT> DIRT IS HEAVY>WILL BREAK SHT>SETUP A CONTRACT TO PROTECT YOUR ASSETS

[@aarons4587]

Microwave eggs crack one in bowl stir 1:11 then it's dun

[@EliteEquipmentRentals]

Microwave eggs?

[@jimbruneau6769]

Yeah man, Facebook has a plastic 2 egg holder that you crack an egg in, add water then poach it in the microwave!

[@jdmfh47]

Thank you man. Yogurt.

[@bkyardmechanic5010]

Well to make it easy 1 yd covers 100 sq ft at 3 inches. Est yr trailer is 10ft long by 7ft wide that's 70 square ft so if yr 5 ft tall example 3/4 yd @ every 3 inches = 3yds per foot @5 ft tall =15 yds that's 15 plus ton. The contractor should have known better and screwed u

[@butonphillie5114]

Where can I get contract

[@EliteEquipmentRentals]

You can find it here man thanks www.buymeacoffee.com/EliteEquipment/extras

[@cookiedough5374]

Everything should be oversized and strength.

[@butonphillie5114]

Dam bro thank you for wisdome ...

[@EliteEquipmentRentals]

Thank you man

[@cookiedough5374]

Don’t move it if it’s that far over weight

[@corvettetexan]

Seems that the pool contractor had no honor to have done something like this to your trailer.

[@EliteEquipmentRentals]

Money is important to those guys

[@2006mrderrickh]

83 mph with a trailer?? If so, slow down

[@EliteEquipmentRentals]

Na man no trailer

[@cookiedough5374]

Your sides are too high

[@somethingoutdoors1412]

The title is misleading. You can't tell people not to rent out dump trailers based off your lack of knowledge I'm sorry you had that bad experience

[@florencioaguilar4234]

Ass fault 😂

[@robertd6925]

You smoke a lot of weed don't you?

[@EliteEquipmentRentals]

I actually don't

[@jethroclampett6021]

Pick up my trailer this weekend. 🫡 California