I love the last thing this gentleman said, great way to end the video. Thank you for this advice LRM Leasing, and all involved! It was a long video, but it was full of valuable information. I would rather watch something that is valuable then a bunch of garbage.
@LRMLeasing2 жыл бұрын
Glad you enjoyed it!
@alvinmarsh9878 Жыл бұрын
To whom ever do not become an owner operator right now in 2023. Freight is down there is not enough loads and too many trucks on the road . Freight rates are really bad and low paying .Same loads that we’re paying $1,000 in 2019 , 2020 (before COVID.)for 200-300 miles are now paying $200-$300 dollars
@kevinhazurejr946 Жыл бұрын
Freight isn’t down. They dnt give clowns good loads
@DavidNunez-zo3bkКүн бұрын
A real interested video! For truck drivers!
@geoestrada5001 Жыл бұрын
I won’t recommend to anyone gotten into leasing to own but unfortunately it’s to many opportunities, but before getting in trucking business you should check the market how is moving,and check how much expensive will be your trucking insurance,
@JuanMartinez-rc8st11 ай бұрын
This schooling not gets better than this, I feel very grateful to take this class.
@carloszachary81712 жыл бұрын
This Brother speaks the Truth. Great interview. This Brother very knowledgeable. He needs to be a Mentor. 👍
@true1020 Жыл бұрын
Only one way to get into trucking and stay in trucking is to have low overhead. Two ways to accomplish this: 1: have paid off equipment or low payments. 2: take a heloc out of your home. 50k-60k spread out over 30 years is anywhere between $200-$300 a month.
@danielgkorecki Жыл бұрын
Heloc is different than mortgage max is 10 years or so.
@true1020 Жыл бұрын
@@danielgkorecki True....contingent on State.
@TRUCKDADDYLLC Жыл бұрын
@@danielgkorecki 5 year term amortized to 30 years on helocs typically.
@danielgkorecki Жыл бұрын
@@TRUCKDADDYLLC agree. The most I have seen was 9 years on helocs
@SliverOfSilver1000oz Жыл бұрын
Spot on!! Loved this entire interview
@robertcalkins6120 Жыл бұрын
This was a great informative video. Thank you both for making this for us!
@edwardcook151 Жыл бұрын
Great interview and extremely informative for people who want to get into the trucking industry!
@secretsquirrel6718 Жыл бұрын
I got out in January. Sae the rates kept going down. Citing the law of dinishing returns. Its doable if your truck is paid off.
@PRPWR Жыл бұрын
Freedom? I feel like I'm stuck in a cage for weeks sometimes months at a time without seeing my family
@gailmorra Жыл бұрын
Lol 😊
@clarknawrocki9718 Жыл бұрын
Thats because you are
@Chubearishere Жыл бұрын
Great interview! Loved every minute
@samebelete4526 Жыл бұрын
Thank you brother for your advice that's awesome 👌
@felipemurrieta4984 Жыл бұрын
Thanks a lot Steve and your guest, for such useful inf, it sure helps on trying to figure out what am about to get into, thanks for sharing Steve you probably b getting a phone call from me soon, thank you!
@gailmorra Жыл бұрын
Most not all O/O dont pay well
@TheGrahamFamily05242 жыл бұрын
Shout out to my Jamaican brother 🇯🇲🇯🇲🇯🇲🇯🇲🇯🇲 keep dem wheels rolling my brother.
@Comm0ut Жыл бұрын
Ask experienced owner operators, not SALESMEN on an advertising channel, Why do you imagine companies want to offload all their risk onto drivers? Do NOT take out a HELOC because if you cannot pay it back you'll be homeless even sooner. Young dumb and desperate new truckers imagine owning an expensive depreciating asset during risky economic times makes sense.
@safethamzagic72262 жыл бұрын
Don’t do it, you will get exploited. Trucking has become a swat shop on wheels.
@Galactico-s5k2 жыл бұрын
I hope somebody listen read this and take it serious.
@whyworkwhenicanrap6830 Жыл бұрын
That’s your experience if your a hustler anything can work your just weak with it I have plenty homies making big money The hustle just not in u lol
@adoremoniqueg Жыл бұрын
@@whyworkwhenicanrap6830 💯
@drmidnight680-kz2le Жыл бұрын
@@whyworkwhenicanrap6830my brother in law has always had 10 to 20 trucks for about 40 years, do you think he's making money or the wife is paying the bills.
@gustiable Жыл бұрын
i’m actually interested in the leasing programs
@NadiaVirnan11 ай бұрын
Hi I have to semi truck and I need to know which company you have your truck with so I can lease onto them. Can you please reach out to me thank you
@jasonalexander17092 жыл бұрын
Not unless fuel prices come way down and freight rates come way back up. But next year we will be in a recession. So no 2023 isn’t a good year to do it either
@LRMLeasing2 жыл бұрын
Great feedback!
@machiavelli44282 жыл бұрын
It's 2023 and your correct
@banksboy6806 Жыл бұрын
Only way rates go way back up you’ll need another pandemic because the rates today almost normal
@haywoodcunningham7116 Жыл бұрын
It’s a Great year to cash purchase one tho…
@gailmorra Жыл бұрын
They've been screaming recession for over a year. We had a soft one already.
@sileshitegengne37502 жыл бұрын
Great quality.
@LRMLeasing2 жыл бұрын
Thanks for watching!
@victorloera18972 жыл бұрын
Great interview
@LRMLeasing2 жыл бұрын
Thanks for watching...more coming soon!
@dritanvaka222 жыл бұрын
Come on from 2002 Owner operator this business it's bullsheet now5.70 $ galon you make sheet now
@josesimoes1485 Жыл бұрын
Great vídeo. Congrats.
@RuthlessRoseee2 жыл бұрын
How much OTR experience you need to get approved for a lease?
@LRMLeasing2 жыл бұрын
We do not require any experience however you may find the costs of insurance to not make sense based on your experience. We do not sell insurance but the insurance companies will charge you more if you have less than 2 years verifiable cdl experience.
@RuthlessRoseee2 жыл бұрын
@@LRMLeasing oh ok, thanks.
@kylemckee Жыл бұрын
Very good presentation
@davecramer9725 Жыл бұрын
This economy know is no time to start a company or just owner operator rates way to low fuel and other things way to expensive
@butcharmstrong96452 жыл бұрын
@1:50 whatta man
@LetsEat973 Жыл бұрын
Hey can how can I reach out to you ??
@gailmorra Жыл бұрын
7:30 minutes in and still waiting about 2023 being O/O.
@gailmorra Жыл бұрын
LRM leases trucks from what ive read.
@drmidnight680-kz2le Жыл бұрын
How many trucks are you leasing
@moonmoon3743 Жыл бұрын
DONT DO IT RIGHT NOW....DONT BUY INTO THE HYPE.
@shawnfairman9112 жыл бұрын
Replay from the buckeye.
@gailmorra Жыл бұрын
Sunday is breakdown day. Lol
@billymadison1466 Жыл бұрын
Low freight horrible rates
@theswampfisher3253 Жыл бұрын
Never lease a truck with a company get your own truck and do your own bids
@elperrocovero Жыл бұрын
Fist Jamaican non Jamaican accent I hear
@kassanova5430 Жыл бұрын
You sound crazy. This man is clearly Jamaican lol. My girl and whole family from Jamaica. When you hear them try to speak “proper” English this is exactly how it sound.
@truckingwithgarry.t8699 Жыл бұрын
@Kassanova from you hear the pronunciation you know for sure.
@frankelse745 Жыл бұрын
Yes just not to strong.
@elperrocovero Жыл бұрын
@@frankelse745 no wonder that’s why I understood him 😂 Jamaicans in nyc always get mad when I be like what you said
@alisharif199716 сағат бұрын
InshaAllah 🇸🇦🇸🇦
@terrybane6206 Жыл бұрын
Do not believe any of this unless you want to go broke.....