How much money can I make running hotshot trucking

  Рет қаралды 992,718

Truck and Travel

Truck and Travel

Күн бұрын

Пікірлер: 2 200
@lazydadsgarage
@lazydadsgarage 6 жыл бұрын
Barely drove 500 miles per day between the two of them. I’d say they’re doing fine. Could easily double that for all of you doubters talking about budgeting for maintenance and taxes. Pretty sure most of it goes right in to savings since they’re never home and I’m betting no kids.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Thank you Robert. We are thinking about getting a woodhouse bed thing put in so it is a legal sleeper on the truck so we can do more miles with the 2 of us. And yes you are correct, We could improve on just one driver alone. Thanks for looking at the miles. Sometimes I feel like it doesn't matter what we say someone has to hate on it. -Darrick
@mistmental7069
@mistmental7069 6 жыл бұрын
Best is
@rs7designs91
@rs7designs91 6 жыл бұрын
@Ben A I'm sure they'll be writing off most of their taxes with the depreciation on a brand new truck, miles, business expenses, etc...
@miguelrobb5719
@miguelrobb5719 6 жыл бұрын
Ben A netting $1000 a week is good?
@miguelrobb5719
@miguelrobb5719 6 жыл бұрын
Ben A well 1000 a week is more than what the average American makes. I'm netting $3k a week. I'm comfortable here in Florida with that
@dannydeters3274
@dannydeters3274 5 жыл бұрын
I'm a union Ironworker and this is awsome anyone that does this for a living and TAKES the time to break it down for others to follow deserves nothing but praise !! Keep the videos comming !
@BH-rm1ch
@BH-rm1ch 6 жыл бұрын
When you guys get the freedom of having your own business you’ll understand. I’d rather make less money running my OWN business than to make more slaving away for someone else’s.
@ronalnunez3311
@ronalnunez3311 6 жыл бұрын
That's one stupid answer but whatever flows your boat 🤣😅
@ashqelon7267
@ashqelon7267 6 жыл бұрын
@@ronalnunez3311 ok sai
@appliancedude63
@appliancedude63 6 жыл бұрын
Amen to that.
@juanrounds
@juanrounds 6 жыл бұрын
Ronal Nunez that’s not a stupid answer at all...people so programmed it’s crazy
@Frank-hz1cw
@Frank-hz1cw 5 жыл бұрын
Agreed, rather make less than be a slave. The great Gary V said it’s all about being happy, do whatever it takes...I’d rather make $89k a year vs $200k and be happy.
@olliepatricksr.2287
@olliepatricksr.2287 6 жыл бұрын
your husband is lucky to have a smart lady in his life
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Thank you very much for the compliment but we do help each other out in all scenarios. I call him my genius hubby 😊 -Cinnamon
@DinizEngland
@DinizEngland 6 жыл бұрын
Where do people get women like this?
@cjussery312
@cjussery312 6 жыл бұрын
💯 #respect
@patrickhenry5589
@patrickhenry5589 6 жыл бұрын
facts
@ramblin_man23
@ramblin_man23 5 жыл бұрын
Do you have a single twin?
@kjax76
@kjax76 5 жыл бұрын
I appreciate you guys putting up your numbers. Several commenters have made good points about costs left out. You're putting in a lot of work for what you're making. I hope the numbers improve for you as time goes on. I wouldn't consider it, for that kind of money.
@Make-Asylums-Great-Again
@Make-Asylums-Great-Again 5 жыл бұрын
This will discourage many and encourage few. ✊ for the encouraged.
@kingcho8922
@kingcho8922 5 жыл бұрын
Make Asylums Great Again couldn’t have said it any better my self !
@lottyv2841
@lottyv2841 5 жыл бұрын
Facts
@lesliecross671
@lesliecross671 5 жыл бұрын
My husband and I are extremely encouraged by this, maybe working for ourselves. We live in Alaska and he works paving roads and working for our local 302 union. We are both in our late 50’s and are waiting for our daughter to finish high school next year so that we can move out of Alaska hopefully to Tennessee. This sounds like a perfect thing to get into . We both have been wanting to travel some, since we never really had a chance to from raising our children at all different ages. This kind of thing could most definitely add income to our retirement, it will also help our last kid with income to go to college. After my husband found this site here, we are extremely excited to learn more about it. Hard work and long hours is something that my husband is use to, not so much me, but I can be. Thank you so much SouthGeorgiaHotShot for all the information that you put out there. If you would like to help us out getting started, by all means we would appreciate anything that you would like to share And congratulations 🎉🎊🎈 to taking on something that most people are just to scared to try. I hope I’ll be able to get more information from you, thanks a lot. Brian and Leslie Cross. REPLY to this message if you want to talk privately and I will give you my home email address. Very, very proud of you...
@maxxkeeble2741
@maxxkeeble2741 4 жыл бұрын
I’m totally encouraged
@gunz9489
@gunz9489 3 жыл бұрын
This has encouraged me because if you do the math from what they bring home a week. They still bring home roughly 82,000 net yearly. That’s pretty good money
@erwintorres7232
@erwintorres7232 6 жыл бұрын
chill out bros let them be I would be exited to own, my small businesss, keep the great work hey that's good money, I bet you're going to make more have faith and keep working don't let this people bring you down. thanks
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Thank you Erwin! We appreciate your support! -Cinnamon
@slyfox1983
@slyfox1983 6 жыл бұрын
Erwin Torres sonic you are on KZbin people will make all kinds of comments. Maybe there are some things they can take away from some of the not so friendly comments. For every comment that is not friendly there people like you who say friendly things. This is KZbin the largest social media platform in the world. That’s just apart of the normal variation. I would like to know if they have made any changes since they are realizing their mistakes. Like lifestyle changes?? Are they on debt snowball kick?? Where do they drive? How do you get started?? This is my first time watching them so I’ll be watching their content.
@garyburbank8895
@garyburbank8895 5 жыл бұрын
Awesome Comment They Are Great people they both work their ass off kinda reminds me of my wife and i keep the wheels spinning
@kandlglass77
@kandlglass77 6 жыл бұрын
What alot of people don't understand is with any new a business your 1st year you will be investing alot into the business to get it up and running. So it is great to make a profit during that 1st year. Keep at it and your profit margins will go up substantially. Most people don't understand this thats why they quit and go get a job. Ask any successful business owner or millionaire and they will tell you this. So you and your spouse are doing good just starting out keep up the good work.
@nodak81
@nodak81 6 жыл бұрын
What "investment" is there beyond a truck, trailer and insurance? You have to have all of that up-front before you even start. Everything after that is just routine expenses that will always be present, year after year. I'd imagine that the with a new truck the first year would be the cheapest, after that you're going to run into major repair scenarios. By the time you pay off the truck, you'll probably need a new one so even a truck payment is really just an operating cost.
@whiskeytangofoxtrot4363
@whiskeytangofoxtrot4363 6 жыл бұрын
By the time they pay the truck off it will have 500,000 miles and they will need another one. So the investment is really just operating costs since they will always have a truck payment.
@bellexcavation9862
@bellexcavation9862 6 жыл бұрын
I totally agree. The are hardly any investment costs with that business. Also as stated by others yes the truck payment too will be basically operating cost as that truck in 5 years will be toast on mileage and not worth much to a used buyer. I see what’s left of transport trucks up for sale with huge mileage and a huge price they will never get.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
@ Larry Glass I will probably come back and reread this comment several times to help me get through some of the other comments 😬 Thank you for your encouragement 😊 We appreciate it -Cinnamon
@TruckandTravel
@TruckandTravel 6 жыл бұрын
The truck and trailer are definitely investments. We plan on keeping the truck. No sense in going out buying another $70,000 truck when we can just replace the engine if it goes or the transmission or whatever else we need to and costing way less. -Cinnamon
@KP-rz3gk
@KP-rz3gk 6 жыл бұрын
Thanks for being so transparent! It’s really helpful!
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Thank you for commenting and watching Kyle!
@apaulothegreat1581
@apaulothegreat1581 6 жыл бұрын
Girl you're very informed documentation is everything I'm very impressed with you I have to do it all by myself I wish my wife was more like you thank you for your video and God bless you and your husband always know your limitation when driving Keep On Truckin
@bigtreesfall
@bigtreesfall 6 жыл бұрын
Thanks for sharing! I eventually want to get into this biz. I was thinking of getting a heavy duty van and doing what you do. I've been in freight forwarding for 20 years and I know how valuable hot shot truckers are. I love the fact that you're a husband n wife team as well. Keep on truckin!
@darkhorse2reign
@darkhorse2reign 5 жыл бұрын
Good numbers for my favorite Trucker couple! I just hired a dispatcher. He doubled my rates and quadrupled my runs. Night and day turnaround.
@TruckandTravel
@TruckandTravel 5 жыл бұрын
Thanks buddy. Hope all is well. Stay safe out there.
@austinsteinfeldt
@austinsteinfeldt 6 жыл бұрын
I do the same thing but with an enterprise lease truck. My truck payment is 360$ per week but its a 6 month contract or 65k miles and i get a new one. All maintenance is included in payment. I dont pay for oil changes brakes tires etc.
@eastsidepb8139
@eastsidepb8139 5 жыл бұрын
Yes Austin. Enterprise is a great company to lease from since we include all maintenance. I lease out 1ton dually with towing capabilities - our program design helps owners get running without messing up cash flow and having all of your capital tied into the trucks themselves. If anyone is interested in hearing about it just give me a call. Name: Ivan Hunter, Phone number: 716-681-6700. Email: Ivan.L.Hunter@ehi.com - I work for Enterprise Truck rental out of Buffalo, NY.
@rickowens396
@rickowens396 5 жыл бұрын
you are a smart man. Good thinking.
@RogelioVazquez-q9o
@RogelioVazquez-q9o 27 күн бұрын
11000 miles a month
@alexjohnson6090
@alexjohnson6090 5 жыл бұрын
Great video. Thanks for being straight forward with everything. Some of these people are just idiots.
@droppinggears1464
@droppinggears1464 5 жыл бұрын
Subscribed!! Love the break down! Reminds me when i was a independent contractor with a moving company. But my Volvo payments were 1500 a week. I still drive a semi for a large company but i been thinking of getting me a nice diesel and pulling a fifth wheel like you guy's. I love how people are bashing for your truck payment yet those same people aren't making the payments for you guys! Gotta love people who aren't motivated to make money but have their opinions
@moulatdahkka
@moulatdahkka 4 жыл бұрын
I just want to congratulate you on the new truck. Second thing I really like the way you are looking at your expenses you are not lying to yourself and the break downs are on point. Dont worry about the upside down thing that happened with your old truck you did what you had to do to keep yourself rolling in the small business word. I did that my self too took a hit and it’s okey now I’m debt free because I did that decision and kept working. So good for you keep on doing the great work and I’m sure you will make folks. Thank you again for sharing with us 🇺🇸
@TruckandTravel
@TruckandTravel 4 жыл бұрын
Thank you for the kind words. A lot of people don't realize you can grow stronger in wisdom by making mistakes. Those who take chances win big sometimes, those who never take chances never win
@jimcrosby3944
@jimcrosby3944 5 жыл бұрын
Best of luck to both of you. Keep in keepin ' on.
@TruckandTravel
@TruckandTravel 5 жыл бұрын
Thank you
@jimcrosby3944
@jimcrosby3944 5 жыл бұрын
@@TruckandTravel Someday I'll earn how to type. :)
@FarmallLife
@FarmallLife 6 жыл бұрын
I love seeing the financials... hope for continued success... safe travels and Roll Tide
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Thank you Farmall4Life 350 Roll Tide -Cinnamon and Darrick
@ramboxlegacy14
@ramboxlegacy14 6 жыл бұрын
Roll Tide y’all
@KarmicPatina
@KarmicPatina 6 жыл бұрын
Weagle weagle War Damn Eagle
@ramboxlegacy14
@ramboxlegacy14 6 жыл бұрын
Shreds1620 I remember middle school football 😂😂😂😂👀👀
@KarmicPatina
@KarmicPatina 6 жыл бұрын
@@ramboxlegacy14 when Zeke Elliott got 200+ yards on the Crimson Tide? Me too! That was middle school defense at it's finest. Thanks for reminding me!
@PracticingLiberty
@PracticingLiberty 6 жыл бұрын
No allocation for truck maintenance and replacement or the taxes on income. That is a very thin margin and a lot of work just to hit break even each week.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
DOT regulations say that anyone in the passenger seat has to be "on duty" so we are running the same hours as 1 person. We could do way better with 2 of us if we had a sleeper. Anything left over we put aside for taxes and maintenance even though taxes will not be much at the end of the year due to all the things we can write off 😊 -Cinnamon
@GodKing804
@GodKing804 6 жыл бұрын
Yet the cost of your car and food is included. So not thin as it appears.
@LocoJay4ff
@LocoJay4ff 6 жыл бұрын
@@TruckandTravel Does that apply only cause you do not have a sleeper? I thought DOT changed the rule so co-driver could be off duty in the passenger seat? Check DOT revisions.
@holleywood662
@holleywood662 5 жыл бұрын
Loco Jay they did change that. You can be off duty in the passenger seat.
@marlongaines9319
@marlongaines9319 5 жыл бұрын
It’s like that even in the big rigs
@vanlifenomadfirekeeper
@vanlifenomadfirekeeper 5 жыл бұрын
Good breakdown of exspences. I hot shotted fore two years. Hauled a lot of oilfield equipment. Made good money, had my own authority. My buisness partner screwed me around and i lost some real nice weekly contracts. I was averaging $700.00 a day., they paid they fuel and motels. Had it mad. Hope to be doing it again soon in Houston.
@MrJaycob310
@MrJaycob310 6 жыл бұрын
I’m glad we have positive people like u guys delivering our goods👍🏼 thank u
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Thank very much 😊
@allendabold5611
@allendabold5611 6 жыл бұрын
With the stupid cost of a pickup you could upgrade to a light duty tractor ih pete kw and get 10 times the miles out of it plus a sleeper.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
This particular pickup we are upside down on so it won't be this high for others but if we were able to trade it in without taking an insane loss and get a tractor with a sleeper we would do that but unfortunately it's not in our cards so we'll have to make due with what we have. -Cinnamon
@galehess6676
@galehess6676 6 жыл бұрын
Yes. If you have the resources or financing, get CDL, haul 10 cars. Start for someone else so they are paying maintenance and you gain experience (make mistakes) on their dime and insurance. Don't speed or you will lose it all.
@chrisroberts5614
@chrisroberts5614 6 жыл бұрын
Truck and Travel don't listen to that guy, everybody has an opinion and most people feel like they need to share it. You will not get any better fuel mileage buying a bigger vehicle. Why? Because you will haul bigger loads. I used to heavy haul for a living and I never owned a semi that got anywhere near 9 mpg empty. You might be upside down right now but that pickup will last a long time if you take care of it and eventually you'll have it paid off. Just keep grinding and you'll get there. Best of luck and God bless.
@allendabold5611
@allendabold5611 6 жыл бұрын
@@chrisroberts5614 Read what I said. Light duty tractor get 10 x the miles not fuel mileage. Like an International 4900 4 door single rear axle which is wide enough to convert to sleeper with hydraulic brakes (no cdl).I delivered thousands of these new trucks piggyback and with the right motor and gearing they would get 10 to 14 miles per gal loaded. So it's a bit more than an opinion.So Chris how many of these have you driven.18 years of piggybacking that's fact not opinion. The DT466 is one hell of a motor. .
@chrisroberts5614
@chrisroberts5614 6 жыл бұрын
allen dabold I would say in your case experience isn't your biggest problem. Common sense obviously isn't your strong suit. I don't care if your truck doesn't have air brakes or not, in most states if your GVWR is over 7900 lbs and is a registered commercial vehicle then by FMCSA rules you are required to have a CDL. Also that "one hell of a motor" is a commercial application of the 7.3L that Ford put in their super duty pickups. If you can't get 14mpg in a pickup how will you get even close to that in a heavier vehicle?
@timtravasos2742
@timtravasos2742 5 жыл бұрын
Looks more promising than over the road 18 wheeler trucking .
@TruckandTravel
@TruckandTravel 5 жыл бұрын
I think we'd rather have a 18 wheeler
@nestorr.8007
@nestorr.8007 5 жыл бұрын
That's a lot of great information. Thank you 😊
@Thetradingtrucker
@Thetradingtrucker 5 жыл бұрын
This instantly changed my mind about hotshot trucking! I can make in a week what they make in a month with a tractor-trailer 53ft..driving locally. not worth it!
@Blacknstraight
@Blacknstraight 5 жыл бұрын
You make $6,600 a week?
@antonsimmons4495
@antonsimmons4495 6 жыл бұрын
Much prosperity to you! Big Appreciations for sharing and teaching and not trying to sell the knowledge... That's what it's about..... That's how you attract wealth....
@tbird5478
@tbird5478 5 жыл бұрын
You can log off duty. No need for "dot approved " sleeper.
@creammachine5160
@creammachine5160 6 жыл бұрын
health ins,401k,taxes,divided by 2 paycheck.... freedom without a boss.priceless! enjoy life your way!!
@eldongrangerjr8938
@eldongrangerjr8938 6 жыл бұрын
Hi Cinnamon & Darrick,safe travels.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Hey Eldon! How are you? It's always nice to see you in the comments! Hope the rest of your weekend is great! -Cinnamon and Darrick
@eldongrangerjr8938
@eldongrangerjr8938 6 жыл бұрын
@@TruckandTravel Doin ok here,just taking it day by day,still going through my late wife's things,Horizon Transport is on hold for now til i can get through this diffucult time of need,hope you both are doin well,be safe out there.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Well you are in our prayers. Keep us updated on how things are going for you bud
@eldongrangerjr8938
@eldongrangerjr8938 6 жыл бұрын
@@TruckandTravel Tyvm,i really appreciate it,will keep you both informed on whats going on.
@gariekirigaya5206
@gariekirigaya5206 5 жыл бұрын
I did that same thing all over the US , Enjoyed it !!!!!!!!
@keithmartin7831
@keithmartin7831 5 жыл бұрын
Hey Cinnamon don't let the haters get you down. You learn as you go. That's called Life. I've started and sold 4 businesses. No I didn't get rich. I made a little each sale. Just bought 318 acres two years ago. Decent not fancy equipment. Paid for. Just bought 72 adjoining acres. Clear cut all the tillable land. Hope to have it paid for in 4-5 years. I'm getting by and tickled pink doing what I love. Keep the videos coming. Great job.
@rswick7
@rswick7 5 жыл бұрын
If you both have your cdls, why not just double already ridiculous truck payment and do semis where you can make 2-3x that every week
@MegaZedlav
@MegaZedlav 6 жыл бұрын
Great content and information good luck you are doing it right!
@brandonwright2067
@brandonwright2067 6 жыл бұрын
When I retire in 15 years this sounds fun
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Nice way to travel and be out and about! 😊 -Cinnamon
@michaelnorman2967
@michaelnorman2967 5 жыл бұрын
Excellent video ma'am. Thanks to you and your husband. Best wishes for your business, hope you make a lot of money and have a decent family life too.
@dw7284
@dw7284 5 жыл бұрын
That’s actually very generous. Most transporters I know don’t have it that well. I’d say you’re doing pretty well.
@TruckandTravel
@TruckandTravel 5 жыл бұрын
Thank you thats nice.
@dframp5152
@dframp5152 3 жыл бұрын
What about the weekly cost of wear and tear on the truck and trailer? I'm curious on how long a truck will last pulling loads everywhere and how quickly it depreiates?
@bybanzai
@bybanzai 5 жыл бұрын
Why not buy a semi . You can make double what your making . Dry van . And much more comfortable
@bybanzai
@bybanzai 5 жыл бұрын
@Mr Sunshines actually I have for a long time . I know the logistics industry well. My intention wasnt to insult . I own a semi and have friends who hotshot flatbed and car hauling . In the semi world it definitely depends on the company you contract to. Everyone likes what they like I guess
@jeremiahfisher6994
@jeremiahfisher6994 6 жыл бұрын
Lost me at a 1500.00 a month truck payment on a pickup.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
We are upside down on our truck. It's not going to be the same for everyone so don't let that discourage you. This is just our specific situation -Cinnamon
@jeremiahfisher6994
@jeremiahfisher6994 6 жыл бұрын
Truck and Travel I don't know I just checked into a 2017 full sized ram had my credit ran with a 540 score my 99 f150 and 500.00 down my payment would run me right at 600.00 a month. No offense, but after seeing your payment. I'm going with the 330whatever a week times 4 weeks in a month plus what given fees they got to me and In my opinion I really think your getting took. Idk your credit situation or any of that. That just seems ungodly high for just a pickup payment alone. As I said I looked into a practically a brand new under 30k mile pickup loaded for more than half of that. I'm not here to bash on yall just hate seeing ppl get wacked.
@calvineldridge8699
@calvineldridge8699 6 жыл бұрын
YOU'RE not going to buy that kind of truck for $600 a month, hell just say 5 years at $600 that's under 40,000 without fiance charges.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
@Jeremiah Fisher I think my credit is at 720 right now but you are looking at a f150...there's the first difference. I know you arne't here to bash and that you don't fully understand the scenario so I'll explain a few things. Our truck is a 72K truck. It is a work tool, the star of the show so it's going to be more expensive than a 99 f150. After than in consideration we HAD to trade in a truck we had before this and take over a 16K hit which made it a 90K truck...see where that $1446/month payment is coming into play? It has nothing to do with our credit. Both of us are over 700 for our scores ❤️ Hope this helps! -Cinnamon
@xxxrsgangstaxxx
@xxxrsgangstaxxx 6 жыл бұрын
@@TruckandTravel my question is what stupid mistake did you make to get yourself in a 16k hole, you need to make sure you don't make that mistake again, that's the problem these days people don't learn how financing works and/or understand depreciation and they get burned, assuming you put 11k down on a 72k truck and are financing at 60 months from a loan amount of $90k you are at 1333 a month, if you would have put that 10k down on a 72k truck you would have been at $1033 a month, $333/$1333 = 32%, you are effectively paying 33% extra a month according to your truck payment and losing 8% of your income. Im probably around the same age as you guys and have went through 5 or 6 cars since I was driving and haven't had negative equity on a single lease or purchase. You guys do drive a lot of miles though, a lot of new business owners make mistakes but they learn quickly how to fix them, hope you guys fix your mistakes for the future.
@simplespeed84
@simplespeed84 6 жыл бұрын
Keep it up. Enjoy the nice truck. You are looking at business correctly and seem to know where you could do better in the future. Business is all about walking the walk and learning along the way. Good job you two!
@thompsontransports-tti95ll44
@thompsontransports-tti95ll44 4 жыл бұрын
This was the shortest most informative video I’ve seen. Thank you for sharing!
@TruckandTravel
@TruckandTravel 4 жыл бұрын
Thank you. Hot shotting is a tuff game
@marcusaponte432
@marcusaponte432 6 жыл бұрын
What are you putting to the “side” for taxes, repairs, tires, etc. have you already made that video? $1600 - 20%=$320 taxes Repairs: $200 Tires: $85 Good luck! Your doing what you like with who you like! Living the dream! Many blessings on all your future opportunities!!!
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Thank you Marcus! Whatever we have left after we pay the rest of our bills we put all of it aside for maintenance and taxes. Since we are new to this we have no idea what taxes will look like so we want to make sure we are careful! -Cinnamon
@TruckandTravel
@TruckandTravel 6 жыл бұрын
We also do a weekly update (haven't had time the past couple of weeks) where we go over the maintenance as it comes up
@marcusaponte432
@marcusaponte432 6 жыл бұрын
Talk to an accountant. With all the “expenses” and depreciation, your actual taxable income will be much less than “earned”. It’s a double edged sword! Make sure you also try to get a “healthcare plan”? If possible. Another “write off” Better to pay for that than pay taxes. At least you’ll be covered and your lady! Better than paying that $ towards taxes. Good luck. You can do your taxes quarterly, too. Every 3 months.
@bobayotte2940
@bobayotte2940 6 жыл бұрын
You should put 3cents per mile aside for maintenance.
@sailme2day
@sailme2day 6 жыл бұрын
@@TruckandTravel better figure at least 22 % for state and federal , your accountant answer that question with one phone call. You do not want to get be short.....
@scottwehrman6721
@scottwehrman6721 6 жыл бұрын
I make that as a company driver at. .57cpm.... Not worth the hassle
@EveryDayTrucker
@EveryDayTrucker 5 жыл бұрын
A couple of questions you didn't answer: 1. Is this a typical week, a good week or a bad week? 2. How of that will you pay in taxes are t were those taken before the final $1600?
@philipjanes
@philipjanes 5 жыл бұрын
I've thought about it, but I'm home every night, work Monday through Friday, 10-13 hours a day and make 1400-1500. So I see the attraction of owning your own business, but not for all those expenses. Thanks for sharing your experience though, I'm glad your enjoying it.
@limitedslip82
@limitedslip82 5 жыл бұрын
my 2017 had 135,000 miles on it already and i could see the shit storm coming and i was smart enough to sell the truck and trailer. I had my own hot shot company for 2.5 years seen and did everything and fixed everything there was to fix and realized that isn't what I want to do the rest of my life. Go ahead and try it for a couple years and you'll see have fun. I don't regret ever doing it but wouldn't do it again
@joeashbubemma
@joeashbubemma 5 жыл бұрын
Not to mention: Fed/State Income tax, Self Employment tax, truck registration/maintenance costs. Point is, people think owning a business is easy, but once they see all the liabilities (cost/risk), most people start crying.
@joelwilson8758
@joelwilson8758 6 жыл бұрын
I make that being a company driver with none of the head ache
@TruckandTravel
@TruckandTravel 6 жыл бұрын
That's awesome Joel! -Cinnamon
@joelwilson8758
@joelwilson8758 6 жыл бұрын
@Melanins Cool you know not what I know
@ramtrucks721
@ramtrucks721 6 жыл бұрын
@@joelwilson8758 We know you are 35 and live in your mom's basement and unemployed
@joelwilson8758
@joelwilson8758 6 жыл бұрын
RAM TRUCKS if u say so it's ok with me
@jeremiahfisher6994
@jeremiahfisher6994 6 жыл бұрын
Melanins Cool yeah but there's more companies out there than swift. My dad clears 2k a week gross. I've seen the stubs and if u could post pics I'd do so.
@bosscar1937
@bosscar1937 6 жыл бұрын
You guys had the best information on this subject everybody just talks around it thank you very helpful
@TruckandTravel
@TruckandTravel 6 жыл бұрын
That would be the hubby Darrick! If it was left up to me I'd be more detailed like regular wifeys are 😂😂🤷‍♀️ -Cinnamon
@d8nh20s
@d8nh20s 5 жыл бұрын
Great video! Thank you! edit: Just want to add that you handled comments below with a whole lot of grace and I appreciate your honesty about past mistakes, etc. Y'all are probably harder on yourself about that than anyone else could ever be, but you seem to have great attitudes and your willingness to put it out there so others can learn is commendable. Keep your heads up and please keep making vids -- I'm a new subscriber who has been fantasizing about hotshotting for some time and the info you are providing is a big help. I think it's the sincerity that makes the biggest impact, so THANKS AGAIN! Good luck to you both and stay safe!
@imlamar2011
@imlamar2011 5 жыл бұрын
Cargo van no CDL no dot physical none of that bs and you can run all the miles you want and make more than these people
@earthangelsonofgod1138
@earthangelsonofgod1138 5 жыл бұрын
How...and with who?
@SubZeroLogisticsLLC
@SubZeroLogisticsLLC 4 жыл бұрын
How ???
@thendricks6112
@thendricks6112 5 жыл бұрын
Do you have a start up video . Step by step because I want to get into this .
@TruckandTravel
@TruckandTravel 5 жыл бұрын
Check out Josh D or Tow Piglet on youtube. I think they do. We would rather driver a semi
@aln2889
@aln2889 5 жыл бұрын
And I thought my monthly payment for a 2019 f350 dually LARIAT of $600/CND month was too much...
@sierratransmodal8631
@sierratransmodal8631 6 жыл бұрын
Thanks for keeping it real. That's what I use to make . I'm not trucking anymore. It didn't work out for me. Looks like is working for you guys. Keep working and God bless you guys. Thanks for the video.
@smileykeith17
@smileykeith17 6 жыл бұрын
Love you guys and the information don’t let the negativity affect you they probably don’t even own a truck or business keep up the content
@TimN-5
@TimN-5 5 жыл бұрын
So give or take $800/week each before taxes - that's about $40k/year each. Also in your calculations, you did not include depreciation or maintenance on the truck. No 401k matching, health insurance, PTO, etc.. I get the 'be your own boss' thing but I have to say being a CDL driver for a company is probably the better way to go. Perhaps I'm missing something?
@georgecastro6596
@georgecastro6596 5 жыл бұрын
nope , you're right
@Drolkrad1725
@Drolkrad1725 5 жыл бұрын
Not saying you are right or wrong. But CDL driving is, much... much more difficult.
@underdog3044
@underdog3044 5 жыл бұрын
YEAH IF YOU DON'T MIND SLAVING FOR SOMEONE AND YOU'LL NEVER OWN NO PART OF THE COMPANY OR BE ABLE TO GROW YOUR BUSINESS?
@JosephArata
@JosephArata 5 жыл бұрын
I make more than $40k a year and I work on trucks for a living...... That F350 isn't going to last very long either trying to haul 48' and 53' trailers. Not to mention getting always stopped by DOT to check their weight.
@MrJose1223
@MrJose1223 5 жыл бұрын
You are right you can team in a company truck. they would take home about 2400 a week, and the other person who said that it is harder,,nope it is not ,,they dont have to worrie about break down or flats
@shanecreager433
@shanecreager433 6 жыл бұрын
You can sleep in the backseat if you were running solo, wouldn't have to be a DOT approved sleeper. Can't do it running teams in hotshot tho
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Yes having 2 of us is the dilemma we have to figure out -Cinnamon
@tumbleweedking5668
@tumbleweedking5668 6 жыл бұрын
Back seat has to be converted to approved DOT sleeper, requiers hacking out the doors and 42 wide mattress. You can't just sleep on the stock seat single or team.
@shanecreager433
@shanecreager433 6 жыл бұрын
@@tumbleweedking5668 not true that law changed in 2013, long as you log off duty you can sleep in the backseat. I had a level 1 inspection 2 years ago and specifically asked the DOT officer this question to make sure
@chrislove481
@chrislove481 6 жыл бұрын
That's a woman and not a man.
@stephen6631
@stephen6631 5 жыл бұрын
@@TruckandTravel can you just log off duty and your husband log on when you want to take turns sleeping in the back seat?
@Barneyrubble241
@Barneyrubble241 6 жыл бұрын
You should check with an accountant, but I believe you can pay yourselves like $55 a day tax free as a per diem. It might even be $55 each. It might work out better than using your actual expenses for food and lodgings at the end of the year when you do your taxes. I think you can only deduct a portion of the actual food expenses and you'll need receipts. Just something to look into that might save you some money & hassles.
@xNialx
@xNialx 6 жыл бұрын
Per diem has been removed in the new tax plan.
@saccityprince
@saccityprince 6 жыл бұрын
@@xNialx yep, thank the president for that.
@Barneyrubble241
@Barneyrubble241 6 жыл бұрын
@@xNialx I dind't know that. Trump is always helping the little guy. SMH
@xNialx
@xNialx 6 жыл бұрын
@@Barneyrubble241 Not sure if sarcasm, or plain stupid >.>
@Barneyrubble241
@Barneyrubble241 6 жыл бұрын
@@xNialx 10000000000% SARCASM!!!! I was hoping the SMH at the end would give it away.
@edgardofuentes1848
@edgardofuentes1848 6 жыл бұрын
One of the more informative videos I have seen. Very well done. Wolverines!
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Thank you Edgardo....but I'm not sure about that last part...you have some friends on this channel but if it becomes a problem I might have to set up some rules..😂😂😂 -Cinnamon
@freeamerican2313
@freeamerican2313 5 жыл бұрын
Finally a video that show what you can make and spend all the others just run around the bush. Thank you cinnamon
@shabang8261
@shabang8261 5 жыл бұрын
what about federal, state, social security and unemployment insurance withholdings ?
@FastDuDeJiunn
@FastDuDeJiunn 5 жыл бұрын
just figure it out urself lol. not that difficult. just do it for your state... but rough estimate i usualy use 30-35% they are not getting rich sure. but at the same time they get to travel, etc. and be payed for it.
@joeallen9897
@joeallen9897 4 жыл бұрын
Depending on your state, if you plan to pay yourself 35k a year look to pay roughly 25% of that in taxes.
@Edenssunlight
@Edenssunlight 6 жыл бұрын
Man.. That truck note and trailer... Damn... My truck note works out to under 200 a week and for those that don't know, my truck is a 2018 F350 Drw. I would flip out if I had a 300 plus one... But hey... It is what it is and you do the best you can with what you have to work with.. Just keep grinding!!
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Thanks Sgt. We appreciate all your support and all your funny comments -Cinnamon and Darrick
@dedalliance1
@dedalliance1 6 жыл бұрын
I imagine these trucks are basically scrapped after 4-5 years, so that's about as long of a loan note you'd probably want, instead of like a 6-8 year loan. If you're running 3-4 year notes, that really makes your payments higher. If you had a 50,000 dollar truck, with a 3 year note, you're talking $347 a week with 0% interest, lol.
@racefan8418
@racefan8418 6 жыл бұрын
With cdl and 1200 truck payment why not run a truck with a sleeper
@TruckandTravel
@TruckandTravel 6 жыл бұрын
@dedalliance1 we plan on keeping this truck way past that. If the engine goes out we'll put another in. If the transmission goes bad, we'll replace that, etc. @race fan we would LOVE to have a sleeper but again that costs money that we do not have yet -Cinnamon
@dedalliance1
@dedalliance1 6 жыл бұрын
@@TruckandTravel Hopefully that plan works out well.
@KarasCyborg
@KarasCyborg 6 жыл бұрын
So about $40/.hr for the both of you, so $20/ hr each. Combined $80k a year. A lot better than working at wall mart. If your on the road a lot, then why have a house payment, utilities, and all of that. Might be a good way to bank up some money.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Yes definitely better than a minimum wage job. 😊 We just started doing this together in July. If we were to sell our home it would take time to do that plus being able to go through all we have, sell all our stuff off etc. and most importantly, we do not have a sleeper in our truck so we would be completely homeless and living out of hotels which would be so expensive. Our house payment is less than getting hotels on the weekends that we are not working. -Cinnamon
@Keeladron
@Keeladron 5 жыл бұрын
If / when this channel takes off (which I am sure it will seeing as this is a very niche market) you guys will be living off youtube revenue and pocketing all your transport income, great video and keep up the good work, you got my like, subscribe, and bell notification!
@katpotter1889
@katpotter1889 5 жыл бұрын
Been thinking about directing my energies this direction for a while. Retired from long haul yrs ago but really enjoyed that "life on the road" thing.
@TruckandTravel
@TruckandTravel 5 жыл бұрын
better off in a semi, we think
@whitelion4072
@whitelion4072 6 жыл бұрын
Most of the people who are talking negative have no clue what it takes to be a trucker. It’s a lifestyle, I’ve only been doing it for 6 months and I understand what it takes. I’m looking to get into hotshotting leasing onto Landstar next year after my next six months of trucking. As a driver I’m only making about 900 a week and that’a surface expedite with Fedex custom critical. Every time I drive I’m pulling 600 miles, sometimes even more. They are barely driving making $1200 a week. In a week loaded every day I do 3000 miles alone. As a team it’s double that with 6000 miles total for the truck. They are a team and barely hitting that 3000 mark. Understand that this business is paid per miles. You’re not gonna make any money unless you’re willing to drive. What they are making is on the low end compared to what some of these guys pull on. The money is there to be made. Ill be pulling double under Landstar. I’ll be starting my corporation January and buying my truck in June. Keep on trucking guys and ignore the haters who don’t know what it’s like.
@jgbelmont
@jgbelmont 6 жыл бұрын
Lol @ trucking!
@whitelion4072
@whitelion4072 6 жыл бұрын
JGBLADES I meant it in the expressive not the literal lol
@robertsmith5095
@robertsmith5095 6 жыл бұрын
Doesn't sound like you're hotshotting. They make more than most truckers
@jgbelmont
@jgbelmont 6 жыл бұрын
@@robertsmith5095 Me....im good ;). 1,500$ a day. Almost no expenses. You will never guess.
@robertsmith5095
@robertsmith5095 6 жыл бұрын
@@jgbelmont If I guess right the first try what do I get?
@geetee6092
@geetee6092 5 жыл бұрын
Should of bought a cummins, better mpg, more reliable, less $$$ and better towing capacity
@jansen7640
@jansen7640 5 жыл бұрын
What???
@americantrucknation4891
@americantrucknation4891 4 жыл бұрын
First off you lose a lot when you buy a Cummins: 2 cylinders, quality, towing capacity, payload, and so on FIAT can not make a truck!
@giovanitorres9360
@giovanitorres9360 6 жыл бұрын
What about maintenence like tires, oil changes, brakes, balancing and taxes. So basically yal make $800/week without including maintenance and taxes drive around 1200/each.
@dedalliance1
@dedalliance1 6 жыл бұрын
That's what I was thinking, maybe they already took out those costs?
@giovanitorres9360
@giovanitorres9360 6 жыл бұрын
dedalliance1 it didn't say in the video that's why I was asking.
@dedalliance1
@dedalliance1 6 жыл бұрын
@@giovanitorres9360 Same, I was also asking.
@roywooten6713
@roywooten6713 6 жыл бұрын
What company r u leased on to
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Hey guys! So we weren't able to do it for a few weeks but we are going to be breaking down our costs per week in a video. I didn't say it in this video but I'll make sure I mention it on the next that whatever $ is left over we use to pay the rest of our bills. Whatever is left over after that, we set all of it aside for maintenance and taxes. We just started driving together (Darrick transported for a year before I joined him ) this past July so we are not sure what the tax scenario will look like. We are currently getting new tires for the truck so stay tuned! This video was for October 21-October 27th. This coming Saturday will be fore October 28th-November 4th since when we filmed this it was Saturday, we were on the way back from a job so we didn't have the total miles yet. I hope this answer helps! -Cinnamon
@eloyantonioroasanchez7629
@eloyantonioroasanchez7629 5 жыл бұрын
The truck itself can make you or break you whether is an 18 wheeler or a 1 tone pick truck. The key to success is a brand new truck and a good hard working attitude. Antonio, the 18 wheeler
@bambambino23
@bambambino23 4 жыл бұрын
You CAN sleep in your truck, you do NOT need a DOT approved sleeper... you just cant put your status as "SLEEPER", you have to use, "OFF DUTY".
@TruckandTravel
@TruckandTravel 4 жыл бұрын
Correct. We couldn't team drive in this truck because we do not have a DOT sleeper
@bambambino23
@bambambino23 4 жыл бұрын
@@TruckandTravel If you log your status as OFF DUTY u can drive team as long as u r not in the passenger seat. Go in the back seat and u can turn that into a bed and sleep back there...again....status=off duty. Ive done it for a couple years this way and ive gotten inspected a few times. Ask a DOT officer. This strategy may help you. :)
@bambambino23
@bambambino23 4 жыл бұрын
@@TruckandTravel this is from my personal experience and from what i understand. Im not saying that im right, but from my long experience and past experience with DOT, ive not been challeneged a single time. Now if u have info that states different i am open to that as it may help everyone following u. :) thank u for ur videos.
@hiramrosajr8231
@hiramrosajr8231 6 жыл бұрын
Then taxes.. no way. Not worth it
@TruckandTravel
@TruckandTravel 6 жыл бұрын
There are a lot of deductions you can take at the end of the year. -Cinnamon
@nodak81
@nodak81 6 жыл бұрын
I work as a courier and according to the IRS I made a net loss of -$3k last year because I could deduct a ton of mileage. I end up not having to pay any taxes but that's not really a good thing in the long run. Just means I'm making too little money to live on and have nothing paid into social security year after year.
@sarahdell4042
@sarahdell4042 6 жыл бұрын
Truck and Travel Short term yes. Long term, you’re not going to be able to show a loss. Audit galore
@mucleboy0151
@mucleboy0151 6 жыл бұрын
Yea gross dont mean shit alot of owner operators gross 3x what company drivers gross but end up netting around the same amout, and payig for hotels fuel taxes other expenses maintenance rapairs i dont think its worth it unless you started out with like 100k.capital after truck and trailer to each their own ill stay company take my 85k and invest in other things
@sarahdell4042
@sarahdell4042 6 жыл бұрын
Mucleboy01 The plus side is working for yourself, and you can get creative with taxes for a few years. The endless write offs are a short term solution though. Depending on loan rates for the truck, that would be a make or break. No clue what commercial vehicles loan at these days
@MadAdventure919
@MadAdventure919 5 жыл бұрын
$0.68 isn't a lot money plus maintenance, depreciation, tax, 401k etc. To keep you in business you must clear at least $1 per mile after everything.
@PInk77W1
@PInk77W1 5 жыл бұрын
You can’t just sleep in the truck ? It has to be approved? Too many rules.
@tbird5478
@tbird5478 5 жыл бұрын
No..that is not correct
@Guitar157
@Guitar157 4 жыл бұрын
I would sleep in the truck so I wouldn’t waste money on a hotel lol
@littlegoatgt
@littlegoatgt 6 жыл бұрын
I like how they kept track of everything down to the penny. Seems like they are playing catch up with the high truck payment. Best of luck.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
We are upside down on the truck from taking a lovely hit from a previous truck. Yes we did this video so people can plug in their own numbers because everyone's situation will be different and the pay will be different week to week due to all the factors that go into it! -Cinnamon
@andreabrutscher9824
@andreabrutscher9824 2 жыл бұрын
Excellent breakdown. Thanks.
@splatterbrain3788
@splatterbrain3788 5 жыл бұрын
$1600 for 2 drivers? I make $1500 a week driving sombody else's end dump.
@propeticurge
@propeticurge 5 жыл бұрын
I hate dolphins that’s what I said !!! Plus the wear and tear of your own vehicle
@splatterbrain3788
@splatterbrain3788 5 жыл бұрын
Idk man. If it were my "team" I'd leave my "teammate" at home to work at a gas station so we could afford to eat while I was on the road.
@Dr.LavetteSeeley
@Dr.LavetteSeeley 4 жыл бұрын
@@splatterbrain3788 lmao!
@thomasarnao2699
@thomasarnao2699 6 жыл бұрын
You can run as a team truck you just can't log sleeper berth you have to go off duty in stead. I have been in the Trucking industry for 21 years now so I am almost sure that you can do that. Cause after all of your cost you are making about what a company driver makes. But keep up the good work
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Thank you Thomas! We went through the rule book because we were hearing from a bunch of different people what the rules were and we wanted to play it safe. Since we are a team, you have to have 10 off duty like normal but 2 of your hours can be counted while you are in the passenger seat and the other 8 have to be either off duty out of the truck or in a sleeper berth. Since we don't have a DOT approved sleeper, we make sure we have 8 hours between the one driver starting after the other one has stopped for the night. At least that is how we understood what we read. We could always be wrong -Cinnamon😬
@thomasarnao2699
@thomasarnao2699 6 жыл бұрын
@@TruckandTravel to split your sleeper time you have to do 2 hours off duty and then 8 hours in a legal sleeper but being you don't have one you can not split your sleeper time l might be wrong but that is the way I have been doing it for a few years now but I drive a tractor trailer.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
We don't log sleeper ever because we do not have a sleeper. We log off duty
@galehess6676
@galehess6676 6 жыл бұрын
carry a tent and say you go to that for sleeper and don't give an inch or they will get you, but if you hold firm, you're good
@danielprovost1
@danielprovost1 5 жыл бұрын
In my opinion not worth it to drivers at $1,600 a week divide that by 2 that's that's $800 plus you still have to pay your taxes next you have to pay your health insurance
@ajflyingatyomouth2831
@ajflyingatyomouth2831 5 жыл бұрын
I'm going it'll pay off once the trucks and other small items are paid off
@mookiemoo9029
@mookiemoo9029 5 жыл бұрын
Just got my cdl!!! I'm a deisel tech for penske and I'm thinking of buying a duely and a trailor to make part time cash for fun!!! I LOVE driving and trucks is my passion, I can't sleep at night I'm so excited!!!!
@TruckandTravel
@TruckandTravel 5 жыл бұрын
I would recommend Semi over a dually. I wish you the best be safe out there.
@marshall5762
@marshall5762 5 жыл бұрын
I’d take 1652 a week, all day! And that’s for 2 people. Cool video. You might have just helped me pick a career.
@giannithestud1
@giannithestud1 5 жыл бұрын
What about tire blowout or expensive breakdown?
@texaspride5722
@texaspride5722 5 жыл бұрын
In their perfect world tire blowouts and expensive breakdowns don't exist that's why they didn't mention them
@htinternational2474
@htinternational2474 5 жыл бұрын
With all these expenses what's the point of being in business LoL 😅 same as company pay
@jamesperry2052
@jamesperry2052 5 жыл бұрын
THE POINT IS THAT IT IS YOURS!!! PERIOD!!! THINK ABOUT THAT!!!
@htinternational2474
@htinternational2474 5 жыл бұрын
@@jamesperry2052 no that's not a good point AT ALL LOL 😂 the point is to be self-employed for the betterment of your control and finances not to take on expenses and not make money or make the same money as you did as a company driver
@oscarcastaneda6697
@oscarcastaneda6697 6 жыл бұрын
Deduct all your expenses,and you end up with like 1k a week?
@fafazaj6726
@fafazaj6726 6 жыл бұрын
Luca Borgetti in business you can claim milage .write off miles.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
There are a LOT of writeoffs we will be doing during tax season. We'll let you guys know how it goes! -Cinnamon
@devodar2579
@devodar2579 6 жыл бұрын
Not true, after taxes and other truck wear/tear/depreciation/maintenance costs, etc. they might end up with $600.
@russiankz
@russiankz 6 жыл бұрын
What write offs lol you can only do so much write offs that involves buisness only. Ur cars home stuff dont count. Stop hauling cheap freight! With .65cpm drivers averaging more then you own ur equipment lol back to the drawing board
@MadCatMaddie
@MadCatMaddie 6 жыл бұрын
I'm totally new to the trucking business but as I watch more and more videos here I discover something new. Never knew what hotshot hauling was until now. The video was great u guys well detailed and u seem very sweet with a great personality. I'm sure ur man behind the camera is as nice as u are. Keep up the great work and keep on posting videos that help people like us learn something new. I hope u folks never change and u stay consistent with that good positive energy on these videos. I'll be joining ur channel this instant! Thanks again, Ed.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Thank you very much Ed G! We appreciate it! 😊 -Cinnamon
@mubmubmubmub4978
@mubmubmubmub4978 6 жыл бұрын
Thanks for the transparency, if you enjoy what you're doing that's really great as well. Finding a way to get into a tractor you would very well as a team, something to keep in mind for the future.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
We would absolutely LOVE to get into a tractor because since we don't have a sleeper DOT regulations has us running under 1 persons hours as the passenger has to be "on duty" when in the passenger seat 😞 -Cinnamon
@whiggerhunter4268
@whiggerhunter4268 5 жыл бұрын
As always too many regulations and crooked hands taking your hard earned income.
@gocargo9572
@gocargo9572 5 жыл бұрын
Hello to all, could someone please recommend me a good loadboard for hotshot or a broker who manage loads for a 16 ft box truck. Thank you !!!
@richardmathers1567
@richardmathers1567 3 жыл бұрын
Truck Stop for starters
@SpicyChickenSandwich420
@SpicyChickenSandwich420 6 жыл бұрын
How are you paying 333 dollars a week?! I feel like you could get a truck like that for maybe 500 to 600 a month. Did you guys have bad credit so you got shafted or am I just missing something?
@poseidonband7848
@poseidonband7848 6 жыл бұрын
Cody R those 1 ton diesels aren't cheap at all. That truck your looking about $80,000 minimum.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
This truck is over $70,000 BUT the monthly would be cheaper than what we pay per week. The reason we pay that much is because we are upside down turned around and upside down again on this truck. If you've watched our entire journey you'd see the progression and the truck we had to take over $15,000 hit on but that's the short version. -Cinnamon
@justinmorgan8196
@justinmorgan8196 6 жыл бұрын
I work for swift as a company driver making $900 to $1300 net weekly
@alvarohernandez2438
@alvarohernandez2438 6 жыл бұрын
Cody $500-$600 won't get you a 1500 truck.
@bradrichardson8062
@bradrichardson8062 5 жыл бұрын
If you’re upside down you’re basically never gonna get off the treadmill
@RobertoMattei77
@RobertoMattei77 5 жыл бұрын
Truck and Travel; thank you for your educational service. I'm a few days away from starting my hotshot business, I was thinking between 18 wheeler or a dually truck, I think they are the same thing as making money.
@TruckandTravel
@TruckandTravel 5 жыл бұрын
I would go with a semi. They Rates in 2019 are lower then 2018. this video is from 2018. letstruck.com has some helpful stuff on there website.
@codycasner3732
@codycasner3732 6 жыл бұрын
Wow, y'all broke it down so nice and simple
@nyacoustics8373
@nyacoustics8373 6 жыл бұрын
Too many expenses and driving. Im out. Good realistic video though.
@ontheotherside3
@ontheotherside3 6 жыл бұрын
truck payment is $1200 a month?!?! i can not even begin to imagine how much interest is involved in that. f that.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
Don't go off our truck payment example. We are upside down on our truck. If you are thinking about hotshot trucking, it's less than that. This is just OUR situation. Best Wishes -Cinnamon
@Tour30A
@Tour30A 6 жыл бұрын
actually the payment would be 1445.99 per month. and I highly doubt they took a 5 year loan.
@mikebennis77
@mikebennis77 6 жыл бұрын
Looks like a ford duelly .... don’t they start at 50+ plus a hit on last one I totally see that happening... that would make me nervous a payment that high but it’s sounds like you got your numbers all figured out so more power to you. One more thing too add on the payment, she never once said anything on her term of the loan. You guys are trying I hope it pays off for you guys in the end!!!
@Threedog1963
@Threedog1963 6 жыл бұрын
That's a F350, probably very well loaded with features since they are spending a lot of time in it. I have a well loaded f250 with an $1100 monthly for 5 years. Yeah, they aren't cheap. I bought mine to pull an rv.
@robertsmith5095
@robertsmith5095 6 жыл бұрын
@@Tour30A it's a company expense as far as taxes are concerned, on a vehicle that can be used as a personal vehicle.
@jobathano1660
@jobathano1660 6 жыл бұрын
And how many hours did you work for? It’s maybe a reason all of these people flock to KZbin, to try to earn some money from their slavery. Maybe a unpopular opinion.
@TruckandTravel
@TruckandTravel 6 жыл бұрын
We are all allowed our own opinions! We do KZbin for the comraderie, to learn, and to help share our experience as we are learning. It is a lot of hours but I dont' really know another job where you can earn this amount without being a big wig. It's a tough job for sure with long hours but we are happy to have some fun while doing it! -Cinnamon
@Clint_the_Audio-Photo_Guy
@Clint_the_Audio-Photo_Guy 5 жыл бұрын
I drove across PA rt 76 once and think I paid that much in tolls in one toll, lol. 76 was under construction the whole way, and they still charged me like crazy. I'm surprised your tolls are so low. To me "Food" is a life expense, not a business expense, just like your home mortgage, or life insurance etc. Everyone's got to eat, it's not an expense specifically to your business. Keep on truckin' though, I enjoy the content.
@arthurharvey5419
@arthurharvey5419 5 жыл бұрын
Thank you guys for sharing all the personal information that helps a lot in deciding whether to pursue or not to pursue a hotshine career so thank you again be safe on the road God bless
@ippychay
@ippychay 5 жыл бұрын
So... You made $.59 per mile and depreciation on the truck is $.20 per mile ($60,000/300000 miles= $.20... I think you're living on depreciation of the vehicle. No matter how you do the math, you're trucking for 40k a year. With all of the talent and motivation required in this industry your be better off getting a job somewhere. This is all good and well, but you lost me when you said you had a dispatch service, which makes me assume that you are removed from your customers and the likelihood of building a customer base is greatly reduced. Trucking isn't about trucks. It's about accounts. You seem like smart folks, maybe it's time for a rethink.
@dman3531
@dman3531 5 жыл бұрын
Right. They need to try to get their own contracts and their pay/mile dramatically increases
@ippychay
@ippychay 5 жыл бұрын
@Matt Barnhouse read my post again. I never said they're making 20cpm. Also, running team doesn't change depreciation.
@juancolon6464
@juancolon6464 5 жыл бұрын
How do I get into hot shot driving?
@imlamar2011
@imlamar2011 5 жыл бұрын
Man get a van don't do all the trailer stuff you can make a ton of money in a cargo van at least $3000 3000miles every week
@imlamar2011
@imlamar2011 5 жыл бұрын
No weight scales or d.o.t bs
@underdog3044
@underdog3044 5 жыл бұрын
@@imlamar2011 OH YEAH DOING WHAT?????
@richardgladd266
@richardgladd266 6 жыл бұрын
Oh man that's not worth it drive a forklift an make 1400 a week all yours like I do. I was looking into doing this but now no I can say my research is completed
@tyriley7488
@tyriley7488 6 жыл бұрын
Richard Gladd where are u from ?
@richardgladd266
@richardgladd266 6 жыл бұрын
@@tyriley7488 Chicago area
@ericvidal440
@ericvidal440 6 жыл бұрын
Where do you work ?
@tyriley7488
@tyriley7488 6 жыл бұрын
Eric Vidal me ? I’m a truck driver
@upperechelon2283
@upperechelon2283 6 жыл бұрын
Love it keep sharing wish more successful endeavors come
@rockzhard2009
@rockzhard2009 5 жыл бұрын
'bout 3 decades back, started with a 1-ton and a 48' mini-float, eventually moved up to a FLD 120 with a 48" sleeper. eventually stepped up to a small handful of them. 'bout a decade or so ago, sold the company. got outta trucking completely. gotta say, that 1-ton and mini-float is the only one i miss. ya'll have fun while it's still there to be had folks.
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