Owner Operator Trucking starter package

There it is

[@andypape4301]

Hey man I subscribed to you

[@tyreemartin5447]

2:57 starts the video👍

[@IEraiderfan]

Good video lots of good information a couple things I would like to add is get a good warranty on your truck is very important. If you go for your own authority you can use a factoring company and get paid with in 24 hrs. only costs 1.5 to 2.5 %. It is crazy some of these company lease operators they are pay a crazy high weekly payment some are setup for failure thanks for sharing your video.

[@BryanBails]

+Lou Flores good add on info. Thanks

[@catc1566]

Yes the D 13 works very well. Quite and pulls very very strong.

[@BryanBails]

👍👍

[@spoonsforks9726]

I’m from Michigan too. I’ve been driving for two years, and really need to learn the ins and outs of becoming an owner operator

[@BryanBails]

Where at in michigan

[@spoonsforks9726]

Trucker BB Dearborn... I’m driving Midwest regional

[@BryanBails]

Nice

[@mbekka1]

Smart businessman, good video,,, keep on trucking

[@BryanBails]

+mouad bekka thanks

[@benjaminduke48]

glad your putting out your research. look at the tuck payment is a big one. Trl can be rented or bought. I got into flatbed. leased one $550 a month with insurance. I bought a better one. $400 a month with insurance. I have a paid for 96 Freightliner. $12,000 cash. I saved up the money to get it as a company driver.

[@BryanBails]

+Benjamin Duke very nice

[@miguelrobb5719]

Benjamin Duke Awesome! I did something very similar to u. I bought a 2007 frieghtliner Colombia cashed for 13,000. It's obviously old but the fact I have no payments and my insurance is $100 a month, i should have no reason not to repair anything that breaks.

[@BryanBails]

+Miguel Robb nice. That works too.

[@sonofapollo5892]

Miguel Robb Wow!!Nice.

[@motasralucamaria]

I've been investigating going into business as a freight broker and found a fantastic resource at Ajana Broker Blueprint (look it up on google)

[@benjaminduke48]

the insurance for bobtail is about $2,500 yr with $25,000 replacement. Trl $600 yr with $25,000 replacement. then if you pay where you lease on at normally $850 month . Your paying $13,300.00 yr. if you get you own authority first year, it depending on state and credit score, $10,500- $14,500.00. then in the next 3 years it should drop to $8,500- $10,500.00. got my quotes from NASTC northland insurance.

[@sonofapollo5892]

Benjamin Duke Holy crap

[@benjaminduke48]

thanks for putting your videos out I enjoyed your point of view from your research.

[@BryanBails]

+Benjamin Duke anytime

[@L.J.01]

Trucker BB Great video - we'll be sure to check them all out. Husband's getting ready to retire but we would still like work another 10 years. We once owned a business that had us on the road a lot, which we loved. Thinking of buying a used truck outright. Any advice for older drivers just getting into trucking? Thanks for the great videos!

[@BryanBails]

Has he ever had a CDL before or does he have no experience

[@L.J.01]

Thank you for the reply. He has no experience.

[@BryanBails]

Thats going to be real hard To get insurance and financing He will have to go to maybe Prime Inc and get the exp or research companys that will hire your truck and get you insurance and all your paperwork set up There are companys out there that will hire a driver with his own truck with no exp But You will really have to research that one Good Luck and hope all goes well on your adventure

[@L.J.01]

Thanks! We'll check out Prime Inc. No need for financing, thinking used tractor/trailer -which some say lowers insurance (because there is no collision?). Also we don't want to invest too much at first so used is better. We see a lot of older folks driving - do you know of anyone he could talk to that started this late? Also wondering if you recommend any specific insurance companies we could call to get an idea of cost. Thanks again!

[@BryanBails]

Ooida. Check them out for insurance.

[@benjaminduke48]

your asking good questions. your learning the difference from wants to how I feel I should be seen, to what I need to move this load and be profitable. talk to a CPA. what ever you where making as a company driver and paying in taxes that's about what your gonna be doing. it normally come to 16% of your wages. $1000.00-16% = $160 a week $640 a month. just some rough math. depending on how your set up sole owner, or LLC or S Corp this well change. after your second tax season or filing you should know what to have. as long as you don't owe them taxes you can pay at end of year on. fed for sole , and LLC. state you'll have to look up. I'm my home state it's end box Year. if you can not pay it then you must do 1/4ly.

[@benjaminduke48]

As you said finding a niche, and making it as profitable as you can is what it takes. one set up I pick them drop, $1350.00 all miles 679. 1.99. up 2 block back down $1200.00 then 21m dh to $1350.00. then $1200. then home for the weekend. pick Monday. that is a niche I hope it lasts. that's $5100.00 home Friday morning to do paperwork. if you lease where I'm at your out $1224.00. after researching and asking it about 8% for office work to include 2.5% for factoring. 8% =$408.00. lease company made profit $816. $5100.00 run your numbers see what you get. on that weeks run fuel runs me avg( I-77) $875.00 a week. my fix cost $975.. wage $1000.00. 5100.00- 24%= 3876- 2850= profit 1224.00. depends on what you call succeeding. X how many weeks you can keep it rolling.

[@TANKERMONKEY]

Try the Kellogg shot for those allergies haven't had them ever since I got one

[@BryanBails]

+Facility One Services LLC nice. I will look into that soon. Thanks.

[@JeepersCreepers2013]

Trucker B B Did I work?

[@khalidziadat1835]

Awsome stuff !

[@benjaminduke48]

as you said you can do a video on each topic and easily. I'm currently looking at moving to a lease company that is 15/85. instead of 24/76 or getting my authority. to be honest so far authority seems the way to go using brokered loads in all cases. if the 15/85 has good paying direct freight, in where I run, that would be a huge advantage. I normally do not get to plan out weekly runs, it is day by day.

[@Emanuelethio]

As a owner operator truck driver, how do you find subcontractor workers when you have emergencies and cannot drive your truck? Also, do you hire subcontractors to drive your truck?

[@BryanBails]

Nope. Only me. Good budget and savings is key for that situation

[@Tommy.McLean]

Was the first three minutes necessary? Thanks for the video though

[@BryanBails]

+Thomas Comptois lol. Naw

[@Tommy.McLean]

Trucker BB lol

[@TruckingBiker1967]

You can’t be greedy or your life is all trucking. Take what you need. Leave the rest.

[@BryanBails]

+PILGRIM ON THE MOVE right

[@J3ff3r50n1]

As an owner operator, does reefer pay much more than dry van?

[@BryanBails]

Jeff Davis alot more

[@BryanBails]

Lease with us gross over 250k. Your profit it subtract fuel and expenses

[@krysburke3092]

Trucker BB hey brother, I’m sure you’ve stated it before, but where are you leased on to?

[@nascar8and20]

Hows that Volvo so far. Nice truck

[@BryanBails]

Shes still running.

[@ioanacuprian8401]

Hello, since you're happy with your Volvo & the company, may I Pls know what company you're driving for? Reply, thanks

[@BryanBails]

+Ioana Cuprian check out my other videos on nationwide transportation

[@mbekka1]

What company you work with if u don't mind me asking?

[@BryanBails]

+mouad bekka check out my other vids on my company

[@scottaustin5241]

Is your camera following your head movement?

[@BryanBails]

yeah it does that

[@dieseldave6071]

I noticed that as well. That's pretty cool.

[@1armedguy4]

What's up with the no picking your dogs shit up and throwing it in the trash can ?

[@BryanBails]

1armedguy i had her shit next to another 100 piles of shit over there

[@benjaminduke48]

taxes. let's truck accounting, profit gauges $19.00 a month. takes me about 45 mins once a month. the system tells you everything you can take off, with description. I pay myself 1,000 a week. I put that in as wages. it breaks it down in per mile rate. as of June 30. it cost me $1.47 all miles to move a load. company I'm leased to is 24/76. I'm getting roughly 1.97 loaded miles. knowing your numbers is key to this industry of 3-5% profit. after all bills and $600 a week back in maintaining $5000.00 profit.

[@circusboy90210]

please for the love of god , please stop using the term "back haul" it's all freight. when you use that term you let shippers and brokers know you are in a weak negotiating position. it let's them know you really need that freight and will be willing to low ball. work a triangle or a box never go straight back home. unless hometime is more important than profit. thanks for giving baack to the community.

[@BryanBails]

+circusboy90210 good point. Great comment. Thanks for sharing

[@jasonwaldron2583]

What credit union did you go through?

[@BryanBails]

Honor in kalamazoo

[@guinautomotive4097]

I’m not sure what everyone’s labor rate is but here in OKC it’s 150-175 an hour. I’ve always told guys keep 10k back at all times because it’s not hard to rack up at least 2-6k

[@BryanBails]

True. That rate isnt terrible.

[@spurs5677]

that coffeine has him goin lol

[@austinr09]

If I own my truck, lease in and pick my own freight can I be home on weekends with most companies and still make decent money?

[@BryanBails]

+austinr09 youll lose at least 1500 going home on the weekend. 5 to 6k a month going home every weekend.

[@BryanBails]

+Trucker B Bails at the most 1500. Average one load. So from 500 to 1500 depending on the miles of the load and dry or cold freight.

[@benjaminduke48]

fuel, in my 5 years of research Nastc is about the best for a small Guy. I have mom and pop fuel stops in the lanes I normally run in. I pay cash or CC. it $.30-$.45 less then Loves, TA with out Nastc, Pilot, or a mega truck stop. show $12. I still spend less, points don't make up the difference in my math. if you find places that cash and CC is same price you get points for buying fuel and then pay it that week or month you get points again. I know if I hit one place a good bit I'll get a refund of $20 on a visa cc I use.

[@BryanBails]

Benjamin Duke good stuff

[@L.J.01]

Benjamin Duke Yes, great info - very helpful.

[@flakakaren30]

Who is the company you run for?

[@BryanBails]

+Mechanic Fonzy nationwide. Check out my other vids

[@tbiii3138]

What company do yoi drive for?

[@BryanBails]

+Timothy III Baysmore check out my other videos on my company. It will tell you all you need

[@glenmont5715]

Good video!!!!!!

[@BryanBails]

+Rodney Frink thanks

[@1armedguy4]

Two wrongs don't make it right !! Have a good one driver !

[@BryanBails]

+1armedguy i hear ya man. Nobodys perfect. I hate the smell of dog shit. Lol. My one flaw.

[@barryjohnlunn7763]

Maybe you should clean up after your Dog!

[@BryanBails]

+Barry John Lunn are you a dog poop police officer

[@patrickevans9626]

did that dog poop on the bunk?

[@lamblamb911]

A good option for some of you is to apply for a job over seas in Iraq/Afghanistan somewhere in the middle east...driving a truck or working in "field" you qualify for..make tax free money, save and then get into trucking which is what Im doing. Just a heads up for people who want options.

[@BryanBails]

+Michael Lamb good optiob

[@XbullzX1]

how do you go about finding those jobs?

[@traviswright3189]

O/o using goggles maps for directions that a real trucker for u

[@BryanBails]

Oh you one of those super truckers. Lol. Where did you learn to spell.

[@BryanBails]

I dont use google maps for directions. I use it for real time updates with upcoming delays wrecks. Construction to save time and make more money. You know when i have my maps on and theres a 3 hour delay on the highway and truckers like you that dont use them keep going and are stuck on the highway for 3 to 4 hours. And because i had my maps on. Went around it in 5 min and kept on rolling. I dont get paid by the mile or hourly. Thats the difference between stupid truckers and successful ones. Work smarter and not harder. I had maps on made my delievery and your late because your a super trucker that works harder. Lol. So yes google maps is a good business advantage. Company truckers could care less about making more money. But when you own a truck and trailer you take all the benefits to make your business more profitable.

[@traviswright3189]

Nope I use the cb

[@BryanBails]

You obviously arent a trucker because nobody but owner ops carry one. The only time you hear people on the CB now a days is when you come up on the wreck and then everybody turns them on and by that time its too late.

[@curtissullivan4702]

thankds

[@mikeaziz2410]

Very good video

[@BryanBails]

Mike Aziz thanks bro

[@benjaminduke48]

getting paid. save up for what it costs for 90 days of running and bills. if not get a CC with a limit to handle it. line of credit at bank. put $5,000 in with them get a $20,000 credit line. find a factor company that let's you not do every Bill. Orange with Nastc is that way 2-3%. broker quick pay.3-4%.

[@ricksamuel5260]

Benjamin Duke email me [e-mail]

[@JAP92]

also, if you lease under a company, how much are you looking at for insurance ? would it be the same cost if you were running your own authority and leasing under the company?

[@BryanBails]

It all depends on truck yr. Driving exp and the company your with.

[@spurs5677]

yeah I know

[@JAP92]

thanks for sharing ! btw, is your truck an automatic?

[@BryanBails]

10 spd

[@TheIntelligentView]

You're running a BUSINESS!! WHY would you be tagging a DOG along??

[@BryanBails]

+TheIntelligentView Thats the freedom of being an owner op. I can do what I want. Go where I want to go and still make over 200k a year. Why wouldnt I have a dog and still make that kind of money. Lol. Everybody trucks there own way. This seems to be really working for me so Dog it is. Thanks for your point of view though.

[@L.J.01]

That's the whole point of working for yourself... Independence. I love the dog! Studies show pets are linked to better health too. Love, companionship, etc stimulate the parasympathetic nervous system which creates lots of healthy, feel-good hormones. :)

[@TheIntelligentView]

Not fair to the dog being couped up in a little jail cell!

[@BryanBails]

I like your answer better. Lol. They love it

[@sonofapollo5892]

Trucker BB People just don't understand sometimes.You need loyal friends around it's healthy.And a dog is always loyal and never complain etc. 🐶