RV Transport Business - How To Get Started the Profitable Way!

RV Transport Business 101 - how to set things up before you start and how to keep the wheels turning while staying profitable! What bank accounts to open and why along with showing you the trip analyzer spreadsheet and on the road expense tracking app I use!
FREE Trip Analyzer Spreadsheet:
docs.google.co...
Profit First Book (How I personally structure my business and personal finances):
amzn.to/3aDW8Rp
Follow along on our Wheat Ridge trip in this RV Transport Vlog! Didn't win, but want one too? amzn.to/3fYdGJW
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how to start rv transport and here's how to start a rv transport business. Talking about how to start a rv hauling business and see rv transport pay in the rv transport with indiana transport. There's plenty of rv transport jobs with horizon transport as professional driver and non cdl with camper hauling. rv towing and hot shot trucking with a diesel, cummins or powerstroke with synergy rv transport can be done with non cdl hotshot to rv hauling! Why transporters make more than tow piglet, load mizer and Hotshot Dave is power only trucking rv transport business. simple rv transport truck setup keeps business easy load boards with hotshot trucking and can I make money in rv transport?

[@patmul-k6798]

I think he missed a step. Don't haul singles. Think of this, one ton diesels cost over $4000 per month to buy and maintain not counting fuel. No matter if you own your truck outright or not, it stills costs that much because you're going to wear out a new truck within 3 yrs. That's about $28k annually for truck plus maintenance. Your fuel will cost close to $.40 per mile loaded and maybe as low as $.20 unloaded. If you can't find a back haul, and that's most of the time, then figure fuel @ $.60 per paid mile. 1000 mile run grosses $1700 less $600 fuel, less $400 for cost of truck. Hotels, eats and BS spending could eat up another $150 or more. All of this assumes you get 400,000 miles out of the truck without expensive repairs. I put that mileage on my trucks in just over 2 years. Multiples will pay $1000 more on that same load and cost you more fuel, $500. You now can grab cars and trailers from just about wherever your load goes. Now you're making anywhere from $.60 to sometimes $3.00 per mile coming back. Singles are for suckers and that's why very few drivers do it for very long

[@Curtiscr859]

Hey man came across your video and it was very informative. However I am just now getting into this and thought it would be better to start a LLC for tax benefits as far as truck purchase and everything else going forward. However my accountant says I need commercial insurance if I go that route and checking into it commercial insurance is super expensive! So should I not do it as an LLC? Or am I doing something wrong? Any help would be appreciated. Thank you !

[@derricksartistryshed5976]

This is extremely helpful. Thank you.

[@jrayez4995]

Another great video! I know you've only been hauling RVs for a few months but you really seem to understand the business. My question is setting money aside for taxes. You didn't mention that. Understand you may already have CPA and haven't done tax filing for this business but can you do a video explaining how you prepare for that? I know a lot of deductions help but would love to hear your view on it. Thanks again!

[@WeekendTruckin]

Hey Josh! I didn’t think about mentioning it in here but did a video I taxes for RV transport. I still should have outlined taxes though! With single pulls you’ll find yourself able to show a loss every year but after a few you won’t want to or you’ll get slapped with some fines from the IRS. I’d suggest setting a high “cap” for your maintenance account and then use that account for paying any tax liabilities each year. Then at the start of each year you’d end up replenishing the amount spent on taxes from the previous year. And then after you recoup the upper limit for your maintenance account that extra money is just extra profits! Here’s the link for the tax video! kzbin.info/www/bejne/oYevZH9tfcZooNE

[@Elin-Esteem84]

Also, i dont want to lease on w a company, i want to start my own business n broker my own loads. My husband n i have been classA cdl drivers for 20 yrs n we dont want to work for other people anymore, can u do a video on how to start all that from ground zero?

[@Koala-Express]

Nice - but remember that the IRS will want their share and this is something one should not leave to the end. I set aside 15.4% of every job once fuel and other tax deductable expenses per load have been deducted for social security / medicare obligations. Likewise - one needs to set aside another 12.6% of every load after fuel and other tax deductable expenses have been deducted in a seperate account for your personal income tax liability. In all likelyhood, this will mean you have saved too much money for tax obligations because there are many many deductions. At the end of the year, slide the excess into a ROTH account.

[@WeekendTruckin]

Hey David! I definitely think you’re in a good way of thinking, but if you’re in single pulls you’re able to show a loss every year IF you wanted to- obviously you’ll get slapped on the wrist by the IRS if you did that more than so many years. But great thinking on sliding it over into your retirement plan! I’d suggest or recommend just setting/determining a max amount into your maintenance account and then anything outside of that sliding it into something retirement related! Using the maintenance account for any end of the year tax liability as well, knowing it’ll be as low as you want it.

[@Elin-Esteem84]

Can u makeca video on creating the LLC?

[@largemarge1603]

So... delivery is more than just warming a seat. Interesting...

[@WeekendTruckin]

I wasn't sure what you were referring to at first, but I get ya now! Yea, say opposed to some 18 wheeler gigs, you have to unload them. When it's single pulls it's virtually no work at all! Not that the haul and tow is much either though!

[@rondavis5851]

I have not started in the business yet but would do if was

[@heyeverybody5616]

Yes! We’re definitely interested in more videos about the finance end. That’s the meat of this business in my humble opinion. And while I’m at it, nice editing work. You’re a freaking rockstar, but don’t let that go to your head.

[@WeekendTruckin]

lol, thanks Danny! It won't go to my head at all. I have a few really good finance videos I'm playing around with!!!

[@johnw2026]

😎

[@robertpersall98]

Wow! I learned so much watching this video. I've been a company driver for many years. As I look more into becoming an RV transport owner/operator, the business side was kind of intimidating. This helps a lot! Thank you. I still am undecided of single pull or Haul and tow. How viable is single pull? Are backhauls readily available? I live in Central Michigan, about three hours from Goshen. Thanks for everything!

[@craig1024]

Yea I'm interested in the challenge and being profitable. Now if I could just get one of these companies to hire me!

[@craig1024]

Just bought Profit First from your recommendation. I'm about to get learnt!

[@MrJOHNWAYNEHARMON]

do you still use receipt lens? it is no longer free...

[@WeekendTruckin]

I do! I haven't had to pay for anything so I wonder if I got grandfathered in then! 🤷‍♂️

[@billyvest3908]

Can you do this with your own authority

[@WeekendTruckin]

You can! I believe the guys that end up doing their own thing work out deals with camper dealerships, but I’m not certain of the details!

[@bradleymindt900]

Great video. I'm new just kinda looking into it. Question is where do u get your loads from. Question 2. Can u have more then one company. Thanks.

[@WeekendTruckin]

Hey Bradley! Thanks for watching! Most loads come from the Elkhart area of Indiana and if you’re doing any tow a way division you can only be leased on to one company unless you have another truck for another company.

[@jeffreydancinger2875]

Seems to me, I don't know anything, that if a haulers truck broke down, that Hauler could do driveaways until the truck was repaired. That would be my plan if I was a little short on funds for truck repairs or my truck was out going to be out of service for an extended period of time due to repairs.

[@WeekendTruckin]

Hey Jeff! That's a great point to make! I had thought of it as an option to make some money while heading out to get the old Ford if I was to fix it up out there!

[@TheProchargedmopar]

👍💪 KeepOnPumping

[@glennzac63]

Another excellent video! I haven’t started Rv transport yet but will definitely be putting a lot of your suggestions into practice when I do. Thanks again for all your nuggets of wisdom!

[@WeekendTruckin]

You’re very welcome and thanks for commenting!!

[@landmanhall]

Another great vid! I was thinking of using a dedicated gas card for keeping track of fuel only expenses. Would that be worth the trouble? Are the perks offered by some gas cards worth it?

[@WeekendTruckin]

Hey Paul! I’d say if you’re fuel discounts are tied to the card the company pays you on then that card is, by default, your fuel card! If you’re in the hotshot world and just use an app like mudflap or RTS then I’d totally have a fuel account to help separate funds and determine how much needs to always be sitting in that account!

[@MrJOHNWAYNEHARMON]

getting everything ready to roll

[@WeekendTruckin]

That's awesome! You starting with singles or in a multihaul division?

[@MrJOHNWAYNEHARMON]

Singles to start

[@davidwalorski5755]

Great video....where did u get the spreadsheet from....l am getting started in 3 months...I like that spreadsheet!

[@WeekendTruckin]

I created it! If you click the down arrow you’ll find the link in the description

[@briancoffey6814]

You can count me in. You have already helped me more than you know. I have been using your spread sheet for some time now and it helps. I have ran a few businesses but I have always been an impulsive buyer. Trying to do better this go around.

[@WeekendTruckin]

Hey Brian! Glad I can help out here and there!!! I think that's definitely a part of entrepreneurship that all business owners struggle/battle with!

[@calebbarringer3140]

Another absolute gold mine video! Love the deep diving videos like this. Starting next week in the drive away division and will definitely put this to use

[@WeekendTruckin]

Thank you, Caleb! Good luck and drive safe out there!!!

[@lendaniels7348]

Great video. I have been thinking of making a spreadsheet before I get started. Tried to copy yours but it's only as a viewable(share, open in new link, open link) I'll try from home computer instead of phone later this weekend.

[@WeekendTruckin]

So with mine- once you open it- save it as a new document and then you’ll have created a duplicate of it where you’re the owner/creator of it and can edit it! If you look in the first row there should be a step by step plan to do this!

[@lendaniels7348]

@@WeekendTruckin thank you. Was not able to save it on my phone but was able to save it in excel on house main computer. You are awesome.

[@ontheroadwithpastoranthony3161]

Yes

[@robertpersall98]

Love the spreadsheet!

[@lannyluckyj3227]

Great video surprised you don't have more subs, keep it going

[@WeekendTruckin]

Thank you, Lanny! And hopefully with time the subs come too!

[@DIYSEMI]

Good video! Helpful

[@WeekendTruckin]

Thank you!!

[@johnm9131]

Thanks for creating such informative content. I'm slowly but surely making my way into RV transport your channel makes it seem obtainable and not to scary.

[@WeekendTruckin]

Thanks John! I’m glad I can help!!! I think the only true scary part is the “owner operator” part of it with being responsible for your truck and IF it takes a 💩 right out of the gates!

[@johnm9131]

@@WeekendTruckin very true I use to be a mechanic so I'm always ensuring the maintenance is up to date but that old pesky Murphy is always peaking around the corner just waiting to strike.

[@juanfuentes5447]

Thanks!!

[@dangerklose8406]

So crazy your name sean too and I am trying to do a dumpster rental and I want to get into rv transport . Can't wait for the video to actually see what I could potentially make transporting rvs . Thx bro keep up the good work be safe

[@WeekendTruckin]

Hey Sean! I think if you are doing single pulls and a dumpster rental, they can definitely go hand in hand!!

[@dangerklose8406]

I was looking for a freightliner sportchassis and gonna try to do flatbed like a few of u guys. Still doing my Research, I have been a firefighter paramedic for 13 years and I'm so burnt out and 39 wanting a change and some peace in my life these days and love being on the road. Thank u sir 🤙

[@mware11]

Keep them coming.

[@timkinder906]

Is the RV transport business picking up all yet I know everyone said it’s super slow lately

[@723kwrenn]

I'm not in it yet but from fb comments it looks like it's starting to get better

[@WeekendTruckin]

I think it’s on the mend for single pulls from looking at the single pull boards over the last week or so!

[@ontheroadwithpastoranthony3161]

Thanks for the info.

[@WeekendTruckin]

Glad I can help!!! Wish I would have been at the driver rodeo last week!

[@jschaaf66]

Awesome info! Thanks

[@WeekendTruckin]

Thank you, Jared! Hopefully it helps a little!!