What We Got Paid | Truck and Travel News 2
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- Опубликовано: 26 сен 2024
- What We Got Paid | Truck and Travel News 2
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I'm just a normal guy. I tried my hand at being my own boss in lawn care, it wasn't working out for me. Now I use my truck to get paid transporting RV's and other random things across the USA and Canada. Follow me to see where I go and what I see. Leave a nice comment and a thumbs up! Thank you soo much for stoping by! God Bless!
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Can not help it.. I am a Fan. I am rooting for you two!
We appreciate it! Thank you
-Cinnamon
I work with so many people making around $100k in an office setting and bitch about their jobs. I watch videos like this to keep me motivated, you guys work just as hard and have so much more stress. You seem like great people, best of luck in your journey.
Very down to earth, I love it.
Hi Derrick & Cinnamon! Good to see you both again, thank you for the video. Keep the Sunny side up & the Dirty side down!
Thank you David!
Buenos dias canelita y a tu esposo buen dia
Aloha from Colorado Springs,CO...,Please be safe out there,both of you.
Hey Eldon!
I can help with the batteries some. A DEKA battery if I remember is a 5 yr warranty. Check commercial application.
When you stop in the heat, or the summer on hot days, open the hood and let the heat out. When there is no air moving, everything under the hood bakes from the motor heat, including the batteries. My last battery was 5 years old, it charged to 12vdc, but the CCA dropped by half. Good luck out there
Keep at it. You'll get some cool good loads. Paying high bucks. Week after week you'll keep making money. You'll own the trailer soon. Everything gets better. Keep on truckin! I'm subscribed and I do really think you two have all the makings of having a million subscribers too.
thanks for putting up numbers
Thank you for watching!
-Cinnamon
Oh yeah love truck and travel live!! 😬
We enjoy you being there as well!
-Cinnamon
You might want to recheck your total I think it's closer to $1500 take home. And I wouldn't count the full cost of the food because you would have to eat regardless if you were working on the road or in an office or sitting at home
We count the cost of food because it would be lower if we were home and cooking for sure! Also at the end of the year when we go over expenses we use the "per diem" so we count food as an expense. I see what you are saying though.
-Cinnamon
I can't help thinking about 1 Thessalonians 5:11 while watching ya'lls endeavors...praying for ya'lls business to prosper as you continue to educate while entertaining( my wife laughs and smiles everytime cinnamon laughs...its contagious) God Bless
What would the world be like if everyone practiced 1 Thessalonians 5:11!? Amazing!!! Thank you for your prayers! It is our FIRST defense and the best thing we can do (put our decisions in the hands of the most efficient and caring creator who loves us). I can't help but laugh all the time! I love infectious laughter and to think that I can make others laugh is really cool :) Thank you!
-Cinnamon
you guys are to much you keep it real that’s what i like i have a repo company it’s pretty self sufficiency so i’m thinking of setting into hot shot trucking
we are thinking of getting out of hot shot trucking.
🙋♂️💜 love your channel it awesome
Hang in there, like any job, if your smart, work hard and stay united other people will notice and make you some offers. Hard working people are hard to come by in this day and age.
Thank you @Brett G! That's very encouraging and we really appreciate it!
Keep it up , it will get better!
Thank you David!
I am a new subscriber and this is going to be a fun channel. I like you do the pay for the week then go over all the expenses that is very interesting. Keep up the good work I am not a truck driver but I like to learn about trucking
Welcome James! I always love learning new things too. There are so many things to learn out there!
-Cinnamon
Dude smile your living the dream. You made a cool grand after expenses.
That time of year bro hold y'all's head up it gets better !!
Thank you Timothy!
Your welcome
Lol omg you and my husband have so much in common he tried owning and running a landscaping business as well and got back into trucking !!
Thanks for the numbers....Its interesting to me..I am all about the numbers....
Absolutely! I think the more we run the numbers we will add things to consider on weekly costs to help. It's a learning experience!
-Cinnamon
U guys are great😉😉😉
Thank you Gerome 😁
Yay Arron got his RUclips channel! I'm glad he took all of our advice lol.
I can't find his channel. 🤔
I think you found it after right?
No, unfortunately, I search for the name you told me and it is still not coming up. I even put it with "Arron".
Hauling a long way without good return hauls are very tough on the final profit margin. We do better on the short hauls. Great video, good facts.
I totally agree on the short trips. We've learned that hard lesson a few times
-Darrick
I think you'll average 6,000 a month soon.
Get a sleeper canopy; it looks like a shortened canopy but it is a pickup truck sleeper. It's a full bed so it should qualify.
Do you have pictures of yours
Great Channel and as a new subscriber I'm highly impressed with the content as with many others up here that are looking into hotshotting I'm learning and learning a lot from everybody who's out there currently doing this and looks good keep up the good work
Thank you very much! We appreciate the support!
-Cinnamon and Darrick
all these companies already a have a good estimate of what weekly expenses look like, they paid just enough to bait you into the job. Than everything goes down hill if a big repair, accident, claim, fines, and taxes hit.
Sounds about right
just started hotshot 'n sept. 2018 running my own authority, alot to learn and having fun so far like the vids thanks
Aww yay! That's exciting 😊 Definitely a lot to learn!. Thanks for watching!
-Cinnamon
Good info
Thank you!
Hey guys! I just uploaded a video of how I workout and meal prep while on the road. Might be some tips in there for you guys wanting to eat healthier! Great videos. Keep trucking and the money will come! Drive safe
Thank you! We just watched it. (Darrick listened because he was driving 😬). We do have a printer and the cooler in the back seat plus all our luggage so I don't know if we would be able to do a microwave also It's a lot less room in an already not roomy set up with both of us BUT we will consider this. I know your Oklahoma place you got the 9 for $55 is about $6.11 a meal but you were saying when you are home it's $2.30 or around there per meal? That would help for sure! Once we get a sleeper, the Planet Fitness would definitely be something to consider too!
-Cinnamon
@@TruckandTravel yes. Normally I do chicken so it's about $2.20 a pound. And I do 8oz per meal. Then add a side. Potatoes,rice, corn. Simple things. And a cooler takes up a ton of space in the cab. So I run mine in the bed of the truck. If you pull out your backseat and made a 2 level shelf in the back. You guys should have plenty of room for printer and microwave on 1 side. Top and bottom. Then luggage on the others. His/ hers too and bottom.
Just remember everything; save for the food, is tax delectable!
That's great for the company as it's an l.l.c but they'll still pay state and fed taxes as "employees" of said company, right?
Lol good intro 😄
Thank you 😊
Thanks for the heads UP on. OVER THE ROAD Channel ! Good video and good helpful comments below
We can't wait for Arron's next video :D
-Cinnamon
Man as fast as the truck will depreciate at that rate of miles it’s a shame to work like that for only around $15 per hour. If you inherited a good deal of money or if your house was a gift then perhaps a lower wage job like this is ok. But I know I’d be fairly nervous once the truck got over 300,000 miles and I still had like 36 payments left. Things could get ugly quick if you’re not inherently “well to do” to begin with. Thanks for the transparency tho... God bless you guys!
Neo Craft Definitely a good point, my curiosity comes in as to what do people do for a living that leave the transportation business?
It's hard leaving a job where you're basically your own boss to go to a job where you're stuck in on one place for 8+hrs. a day and stay they 30+ years in hopes of a good retirement. Then retire only to ironically spend your retirement traveling.
ElroyJosephJenkins JrTheThird I know other people have sayings like this, but here’s my rendition:
“If you’re not making money today, you won’t make money tomorrow, either.”
Basically, after owning my own business for 21 years (I’m 40 now) I’ve learned that milking something in hopes that the future will bring more milk usually only ends up delivering sore hands. If it’s a good idea today, it will be tomorrow as well. But if it’s a dud today, and you’re putting effort into it, it’s likely gonna be a bigger dud tomorrow.
Yes it's a pickle but it's our pickle and we'll have to just deal with it and move on while learning. We won't be getting a new truck any time soon. If something goes out on this one we will replace it. She's our forever Truck ❤️
-Cinnamon
Hopefully the Fix Or Repair Daily doesn't apply to this one!
A big maintenance bill due to batteries that have a 3 year warranty, shouldn't be accounted for just one-months costs. Oil change costs again, should average over the time frame until the next change. Food is necessary weather you're driving or not. My foodie food bill is more than that just for me at home, so I'd actually save money eating at truck stops, lol. So I think you're selling yourselves short with your number. Might as well take out taxes and make it extra depressing. I can appreciate being a pessimist though. I myself am a perfectionist, so everything sucks to me, haha. Fun channel though, interesting content, I enjoyed, thanks. Keep on truckin'!
That's what you call trucking always going to be money spent
Good stuff guy! Are you all going to do a video show how you get your loads and how you map things out. I guess that would be the lanes you like to run
Nm..I see you all have a dispatcher now 🤑
Nm..I see you all have a dispatcher now 🤑
We have this channel and we have the "Truck and Travel LIVE" channel where we do Fridays Live with Truck and Travel and I'll also be doing tips videos on that channel. Very soon. We have a wedding and IFTA to file this weekend. November should be more time for me to be able to do some videos that help. Do you have any immediate questions I can try to answer?
-Cinnamon
Just to say with two of you in the truck you should be getting more like 4.000 miles or more but that's just my put in keep it rolling
@anthony moser so that you know our situation a little bit better, we do not have an approved DOT sleeper so 8 of our 10 hours off duty have to be outside of the truck. 2 can be counted as a passenger. This allows us 16 hours which I can see if we did 800 miles a day it would be 13.33 hours of straight driving which is doable but you also have to factor in fueling up, bathroom breaks, mandatory breaks, loading, unloading and again us not having a sleeper. Maybe one day once we've made some progress. We are new at this but doing what we can 😊
-Cinnamon
Clearing $1,100 / 1,200 a week (minus taxes) is really not all that great for "two" people working. But on the other end, if you took out the hotel's ($333) batteries and oil change ($400) then your looking much better. Now with winter coming, hotel nights are going to be the norm....You are still figuring out what loads pay, and which to stay away from.
Agreed! I feel with every week we are learning more. There is definitely so much to learn in this industry. We are just happy to be given the opportunity to try it! I feel the amount will go up as well when we are able to actually team drive and use up the amount of hours we are allotted once we get a sleeper
-Cinnamon
So how many hours would you say you guys put in to clear that much?
You might be better looking at your financial analysis on a monthly basis, instead of weekly. Of course weekly is entertaining for the viewers.
But you seem to be doing well, thanks for your videos.
thank you
I figured out the batteries when the truck wouldn’t start. At least it was in my driveway. Went with Autozone batteries. Ford batteries didn’t have handles so yes, i was worried about damaging my truck. Got 5 year warranty.
Hope you have a better week
I'm so glad that was in your driveway! Thank you Christopher!
-Cinnamon
There's only so many battery manufacturers, they just get labeled depending on who's selling them. The important part is the warranty, and availability. Autozones are EVERYWHERE, and have a 3 yr full replacement iirc on their gold batteries, so not a bad place to go with at all. Always a good idea to have a jumper pack for emergencies, and of course a basic toolkit to remove/replace them on the road.
When I owned my trucking co I made sure I dispatched my trucks between 1800 and 2100 miles away. Think about maximum production miles wise. So from your home base you want to end the week at your home base. So maintenance can be done while you at home. 2100 mile can be logged in 3 days. So in therapy 3 days out 3 days back. Don't always work but that should be your goal. Because you two as team drivers get your restart in 24 hrs instead of 34. Try never to be layer over that's what cost you money. And I have a bunch more little tips that can save you bunches of money. Well that's enough for now. Later Bill ( Two Sticks )
Thank you for the advice. Unfortunately since we do not have a sleeper berth we cannot run the hours of a team but only as one person since the other has to be on duty in the passenger seat. It's something we are working on but everything takes money unfortunately!
-Cinnamon
Depending on the place, they have different warranties. The longest warranty i have had was 5 years. That was an orielly battery. Shop around a bit more before commiting. 1 drives, the other can shop for cheaper better products.
5 years sounds great! We do enjoy them being the ones to change out the battery and keeping all things Ford. We shall see how these batteries do!
-Cinnamon
@@TruckandTravel Well, keeping dealer is good to an extent. Persobally, I was turned off when I had a $600 bill for all filters changed. First and last time I gone to the dealer for that when the shop up theroad cost me $180 for te same work. Also was able to be on the shop floor with the guys doing the work in half the time.
I can see how that would make you not want to go to the dealer! We do our filters because it does get expensive for sure!
-Cinnamon
Not a lot of profit. I enjoy your videos very informative. I'm thinking about trying hotshotting, but with all those experiences I'm reconsidering. Keep the videos coming and I finally figured out what a Conestoga trailer is. That's a really cool setup . Be safe out there and I'll be looking for next video.
Thank you Scott! We are still learning ourselves so don't get discouraged! There is so much to learn but it's good that you are checking it out before jumping!
-Cinnamon
My batteries died yesterday!!! I’m just about to go look for two new ones and gosh they’re pricey !!!
Yes they are! Best get one with a good warranty!
-Cinnamon
So have you guys had weight stations asking for hotel receipts since you don't have a DOT sleeper yet?
Thank you for your great informative videos. Subbed and liking each video as I watch them. According to my calculations, if possible to drive an extra 2000 miles per week, you would double your money, even with the maintenance charges you incurred. I have a couple of questions. 1. How many miles can a single driver with or without cdl put in a week? 2. Does having a non-driving passenger affect that mileage? Sorry, if I missed that in your videos I have watched.
sounds like some BS upsell on the batterys :) ==> were there any symptoms?
What insurance company do y’all use? That’s cheaper than my commercial Ins.
What about personal expenses like rent/mortgage. Lights water gas personal car. How do you fair after those expenses are paid. Thanks
25% on fuel seems good!
The other thing is to add yourselves (your salary) as expenses because your business is taxed AFTER deducting expenses.
Great video and thanks for the suggestion on my channel! I made the changes!
Happy Pappy, Their business income is separate from their income as employees of the business, and both entities are taxed. The business is taxed (after expenses) and they (employees of their business) are taxed from my understanding. I think we are saying the same thing. If not, I won't argue, because I'm sure they will be doing their taxes with the advice of a CPA :-)
I'll be getting with our CPA this week or next week to ask all of my questions and make sure I'm doing everything right 😃 You guys are all great thank you!
-Cinnamon
Are you guys still running your own authority? compared to one of your older videos, i don't see factoring, dispatch, boards, and eld... do you make around what other hot shots make per week? Thank you
I would not add food if you are not dining out. If it is nothing above the normal you would have eaten at home. Am I missing something? The fuel...who is your broker? Why are there no fuel surcharges? If you are getting one and not mentioning it then I apologize. If you are calling and booking the loads from a load board that is part of that call...A good skill to learn is how to broker a percentage of the surcharges, it is killing your profits. Know what it cost to run your truck per hour, per mile and have a bottom line for rate per mile. A good bottom line is 2.20 rpm. Master that and it will be easier to hit that five grand mark you have set.
Consolidate the truck and trailer... Dump the hotels. 2 drivers with CDL that truck can run damn near 24hours a day one in the bunk other on the wheel!!
If only we had the money to build a sleeper in the truck to make it possible 😊
-Cinnamon
Four 2x4’s one sheet panel and a mattress. At $1200.00 a week, you can’t afford that ? Duh.
That’s like only $50.00.
I think your doing great. to run 24 hours a day would make what you guys are doing suck. it should be fun and enjoyable! good luck
Walmart is the cheapest place to get your oil changed and battery and the battery are a better quality. I hat walmart but its cheaper . pull the back seat out and put a matters in and sleep in the truck.
Thank you for the information on the oil change and battery. We will definitely have to think about that. We are thinking about getting a sleeper berth.
-Cinnamon
Will you tell us how difficult it was to get loads when you first started? I have heard the brokers don't want to deal with you until after your MC has existed for 90 days. Did you have to wait that long?
How come the mileage is always different
Those expenses really tare into the profits. Great info to share with others. 👍🏻👍🏻👍🏻
Yes they do! Can't wait for the truck and trailer to be paid off one day! We'll just have to keep at it until we can get there. Would love to have you guy's set up!!
-Cinnamon
Truck and Travel lol nicer set up comes more expenses. The battle of being profitable lol. Y’all be safe.
Great info, thanks for sharing. I wish you well moving forward Cinnamon and Darrick. Also, cool to see Crafty Trucker reply, you guys are awesome as well!
Thank you @Mr Crafty Trucker and thank you Wes 🤗
-Cinnamon and Darrick
Sorry guys what kind of truck are you driving?
I wouldn’t run 22 - 24 hours a day. I’d run about 1000 miles a day which might be around 18 hrs a day.
Once we get a sleeper berth or something along those lines we will work that out. We have been getting good pay around here so not sure how that will factor in. Everything is a learning experience.
-Cinnamon
Fuel 2.99 here Tx east of dallas
Nice! Today it was $3.17 in Tennessee so we filled up what we could!
-Cinnamon
Thats why i couldnt hot shot....
Make 150k a year and bring home 60k no thanks. But hey if you just want to travel not a bad gig
HELLO, I started watching you back when you were hauling the campers...I did the camper thing also. it sucked for me. I was considering hotshot but really had no clue. You have been in it for a few months now and I would like to know if you recommend it? is there much down time because you can't find loads?
I wouldn't recommend it. It's hard finding good loads. If you want to travel on the road for a living, I recommend semi
-Darrick
@@TruckandTravel I have been considering Hot Shot I am currently leased on to a small company nw Iowa doing very well but my overhead is really astronomical and in past few months I've had a lot of repairs in excess of almost $35,000 just since the first of the year. I'm an older and am considering downsizing to cut my overhead cost . I don't have my own authority that was considering hot shot and getting my own authority so I would have more flexibility and still have the ability to make close to what I do now. I'm only replying because you commented to the other fella about doing semi instead of hot shot
Hi you two. You are a big help. I have been researching for a few months while running my other business. I am hoping to free myself up from that business to get on the road in a year or less. So still have plenty of time to research and get my act together. So again, Thank YOU! I have only watched a few of your videos but will keep doing so, and if you don't have time to answer my question, I will hit you up another time, no worries, and I'll try to catch your live prod-cast one day as well. My Question is: When you get your hotel rooms for the night, are you able to park at them, or do you have to park at the flying J / truck stop and look for hotels that are within walking distance of where you are able to park? I am liking the idea of hotel rooms because I may take my paperwork with me on the road from my other business and like the idea of having a room at night to work in. I was worried I would have to plan parking every evening and then be faced with finding parking close enough to a hotel room, where I know most people will sleep in their vehicles. Realizing you guys get a room a lot, I am just curious for some more details on the logistics of that? Thanks so much! And again, if you don't have time, I'll ask you again at a later date. I'm in no hurry. Just want to be as prepared as I can when I actually hit the road. David
Somehow didn't see this comment! Since there is 2 of us whoever is not driving looks for a hotel. Depending on how many hours we have left of driving/the weather/ etc. we look for a hotel that is on our route (usually click on the option for truck stops and look for one that say is 200 miles away if we have around 200 miles of drive time left, click on that truck stop and see what town it is in to stay on our route). We first look up that town on google maps, then click on the search bar again and just put "hotels" and it will list hotels in that area. Then we put it on Satellite mode and zoom in to different motels to see if we would be able to park there. If it looks like we could, we read the reviews first to see if there are any bed bugs. If yes it's on to the next one. We try to stay out of cities because of crime rates and good areas have the hotels rates HIGH! So if it looks like we can park there and there are no bedbugs we call and ask 1.) do you have truck parking? 2.) do you have any discounts for CDL drivers. Some hotels do offers discounted rates for CDL drivers. Hope this helps!
-Cinnamon
Thank you Cinnamon! Just watched the video of you two picking up steel sheets / first team load. Very entertaining with the Sparta stuff and Liam Neeson on the phone! Plus I got to see the truck and trailer parked at your hotel. So yes, I am learning a lot from you guys!! Thanks again! I’ll hit you up again I’m sure. And I hope to see you on the road one day. David
sounds like $5000/week is the number you need
I think we would be safe at $5,000
How is it that your insurance is so cheap?
Which company do you run your insurance through?
If the new batteries have a 3 year why why did the old ones you “bought “ when you got your truck not have a 3 year warranty ?? I have a 2017 f450 so I’d really like to know because I don’t want to be buying batteries so soon . Thanks
Brandon Kisner They should have a 3/36 warranty but their truck has long been out of warranty, with over 170,000 miles on it. And 2 ish years old!
Brandon Kisner he needed batteries likely because of the constant vibration and high underhood heat from the tightly packed engine bay and constant pulling keeping under hood temps up there.
Pretty much all motor companies (Ford,dodge,nissan ext) put the battery under the base 3 yr 36,000 mile factory warranty because they know the battery will very well go out just after that mileage but sometimes they go longer.It's to protect their budget and lower warranty cost.In this case Ford parts and batteries are motorcraft so these batteries Truck and Travel had replaced will go right back to motorcraft as a core,go threw a simple rebuild,and right back on the market or new vehicle to be sold.Almost every battery you buy would have been used in another vehicle at some point.
That's just the way it comes from the factory. We also have 167K on the truck and use to idle a LOT! Our factory didn't matter at all because as soon as we bought it, we put Commercial plates on it which voids the warranty that usually comes on a new truck. 😩
-Cinnamon
@ Truck and Travel 100% true!Trucks used for Hot Shot warranty voided immediately.What most people don't know as well is if the egr is bypassed even on a regular truck not used for Hot Shot it will void factory warranty as well but only the powertrain.a/c system radio ext.. would still be intact.IMO I think it's a cheap way out for the manufacturer to avoid warranty cost for trucks used for Hot Shot.I mean that's what the freaking truck is built for is to haul lol
Does your insurance include health insurance
I have been driving trucks commercially for about 12 years. You and your wife could be making a lot more money if you just cut out a few things. This is something that I would like you to try. Drive a full month with your wife and calculate how much money you made in that month. Then drive the next month without your wife being with you and you will make more profit without her being there. Males can survive without going to a hotel and that is where you are burning a lot of extra money that could be in your pocket. A shower at a truck stop is about $12.00 verses the amount of money that you are spending to sleep in a hotel.
Costco has battery's with warranty if you ever need them. Also I didn't know that you have to change the 2 batteries at the same time. thank you for telling us that. Was it expensive to buy 2 battery's? When I buy my ford SuperDuty I know better now because of you thank you God Bless
Each dealership (if you get the batteries at a dealership) have different mark ups.I worked at several service depts. for Ford/Dodge as a Service Advisor over a 12 year span and I can say that the average for both the batteries is around $300 installed.The information gave to Truck and Travel about needing to replace both batteries is spot on.The batteries in a way rely on each other and by putting a new (stronger) battery in with a lower cca (cold cranking amps) battery the older one will drag the new one down.Hope this helps ya :-)
I LOVE being able to share something I just learned myself. I think a lot of people assume that everyone knows certain things like that but I didn't so I figured there were others that didn't know it as well! Our last maintenance was $411 and the oil change and service is usually a little less than $100 so it would be around $300 for both batteries like Sulli said. But it also has a 3 year warranty so "$100 a year" it ends up being is worth it in my book
-Cinnamon
Different batteries have different warranties. Most battery warranties are bifurcated into two separate warranties. NAPA used to offer a Legend battery with a 24/84 warranty. Total replacement for free if the battery fails within the first 24 months ( first warranty),and, pro rated thereafter for months 25 through 84 (second warranty). So shopping around, reading reviews and determining the true warranty is key. So in the example above it’s a two year replacement warranty and pro rated thereafter for the next five years.
I have been wanting to get into this but I 2019 Titan which is not big enough. Do you guys lease a truck or how can you get started?
I have watched a bunch of vidoes on this job / lifestyle / whatever and for the profit numbers I see this appears to be a colossal waste of time and money. My wife and I have full time jobs, insurance, pay all of our household expenses and get a W2 at the end of the year. We bring home way more a week than the profit you are getting from driving thousands of miles. Oh, and we are home every night. I am not sure why anyone would try to put a positive spin on the freight hauling thing, my only guess is misery loves company. As they say, keep doing what you are doing and you will keep getting what you are getting. My suggestion, get a real job.
Do you use a website or something to find what to haul if so what is the name of the website?
We use load boards. DAT and Truckstop
-Cinnamon
Do you all put money aside for taxes?
@ shane gunter Good post
@shadonovan Richardson , we do! We both had previous businesses so the way we had it set up for them is sending in an IRS payment quarterly. We just kept it this way since at the beginning of the year we didn't know we were going to be doing this. This way if we owe more at the end of the year we will pay that and if we don't then we will get something back 😃
-Cinnamon
Why is your truck payment over $1,300 for the month? Was their no downpayment or trade in? Wow you got to pay that and the trailer off fast!
danclapper626 ya it seems like s Guy could make some decent money with a paid off truck and trailer while sleeping in the truck
Look at the model. It's higher and it costs more. Ram at $55,000 runs $1,100 a month.
Everybody have different plans guys. You can’t go into this business being CHEAP. Your maintenance account will be dry daily. You need the best equipment to run freight accordingly. The main focus is to maintain your goals, not the money. Money will come later. Great video content!
Latoya Walker Money doesn’t just “come later.” That’s an excuse to buy time and kick the can whilst ignoring the present problem. Later comes a truck with 300,000 miles that isn’t worth what’s owed-and at the same time expensive repairs. Problems aren’t in the business of fixing themselves! People fix problems. (Or enable them)
Neo Craft in other words, I’ve been trucking 10yrs and seen it All with money management. Everyone ways of thinking is different. “We” do what’s best for us. Everyone’s expenses are set up differently as well. This might have been a bad week for them which comes with the industry. Really comes with LIFE. Money comes and goes just have to know what purpose it serves for you. It’s all a learning experience. Owning your own business doesn’t come easy. I’m sure they have a plan for paying off their equipment.
You guys have great videos. Are you planning to go west, and do you know if the chain up laws need to be followed when going through the mountains in hot shot trucks? I’m new to hotshot myself and need some feedback. Thanks.
We are going to stick to our area. We have a map on our instagram of where we are sticking to (@truckandtravelyoutube). To answer your question, YES! You do need to follow the chain up laws. Stay safe and let us know how your journey is going!
-Cinnamon
Was your per mileage pay low?
👍🏾👍🏾👍🏾
Do you have a insurance episode? If not who do you use and cost up front?
It was around $1600 upfront and it's $834 a month. We go through 3G Trucking Insurance out of Atlanta Georgia. Ask for Deborah if you check it out
Are these numbers loaded or loaded and unloaded ? Can you also add in What type of equipment you use like truck and trailer ? I used to drive for horizon transport. I was thinking about going back because they have a program with enterprise were you can lease a truck and pay between 22 and 24 cents a mile and they take care of all maintenance and their new trucks I have a class A
This is total miles for the week so loaded and unloaded! We drive a Ford F-350 dually 2017 and a 40' Load Trail Trailer with air ride! Josh D hotshot on youtube found a place in Indiana that you can do the same deals on trucks and not have to drive for a RV transport company. Look him up, great information!
-Cinnamon
Hey that is my question
What about taxes
How or how moch do you pay?
Hi my name is Jorge Villanueva and I'm trying to start my hot shot business. Any advice would be appreciated hopefully one day maybe my wife can quit her job and ride with me the way ya'll do. God bless
Thank you Jorge! Look up "Josh D Hotshot" on RUclips. He's a friend of ours that does a great series on start up costs, steps to take to start your own authority, etc. Very informative and will definitely help! God bless you too!
-Cinnamon
@@TruckandTravel Thanks guys be safe
Thank you, you too!
Hmmm. I like the video. 2 Comments. (1)"You" didn't build that. (2) "You" DID build that - but didn't show it. Include your estimated taxes, and tax preparation cost.
😂 😂 😂 love it!
-I have to meet with my CPA to talk about our authority so I can figure a few things out but once we keep doing the What we got paid this week videos I have a feeling they will include more and more specifics. Thanks Earl!
-Cinnamon
For two people, thats like $15.00 per hour or less. Is it worth it?
We get to take the loads we want, we get to work together, we get to travel and as long as our bills are paid we are happy 😊
-Cinnamon
That pay goes up when the truck/trailer payment stops coming out eventually. Also, not being stuck in a cubicle, no boss, choose your own hours, get to see lots of different places in your travels, I'd say it's definitely worth it. But everyone has a different idea of "worth it", so it's completely subjective
Something to keep in mind is that 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 plus it would take away the hotel costs. 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
Wow it does not seem worth it
I've heard that this is the slow season and that loads haven't been the greatest lately. We are just now starting out and learning how to dispatch and all the tricks of the trade so I wouldn't get discouraged yet.
-Cinnamon
This is only one week out of 52!
No offense but if you two can’t survive off of 1175 a week then you have way too many unnecessary bills. Maybe y’all should consider getting rid of some expenses or maybe Cinnamon gets a full time job. Not my business but I myself had to scale back a bit to have the freedom that hotshot allows me. J/s
Thanks for the ideas
No sweat just trying to help. I’ve had to practice what I preach. Lol
Truck and Travel notice I have a 75,000 dollar car and a 60,000 dollar truck but no rent / mortgage payment. Lol
check out ltl frieght
Will do. Thank you!
Just got this in my recommended list... No wonder you're not making good money... you're hotshot. Go get your CDL and be a REAL trucker!
They are both CDL holders and they have their own authority...
Ahhh yes! It's easy to throw that out there without knowing any previous information 😬 We do in fact have our CDL and the only difference between a "REAL trucker" and us is the vehicle we drive. We are looking for loads, we have our own authority, we drive long hours and we go through the same as you. We are new to dispatching and this business and are putting ourselves out there to share the struggles and lessons. Comments like these make us not want to to be honest. But it's nice to hear from someone else whose on the road being so concerned and taking the time to make sure we know it ❤️ Thanks DieselTrucker2018
-Cinnamon
If you also take out for income taxes, you're averaging less than 28 cents PER MILE!!!! Rookie company semi-truck drivers make more than that! WOW!!!!!! Wrong business to be in and getting worse every day! Glad I left back in '99!!! This just reinforces my decision to never return to that life ever again! Best of luck to you two, but it's not looking good on paper at all....... The brokers are making the real money. (You guys might want to look into being brokers and let some sucker do all the hard work)
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 (as well as cut hotel costs) We also did 5 days this particular week. 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
Not bad, but not great either. Your close to the pay of a regular semi company driver with no added stress of owning your own business. Are you still finding your niche? I haven't looked at any other hotshot channels so I don't know what the average pay is. Hope it gets better for you guys!
Yes we are new and have to learn as we go. We were still working on figuring out the dispatch game at this point. There is SO much to learn!
-Cinnamon
60,000 if every week had this expenditure. at 52 weeks, and you get to be Together, awesome. thanks for sharing
you'll do good
Thank you Joe!
Geez, what do you guys want?? lol Having $1175 PROFIT is GREAT!! Should be really really happy with it. Again, it's PROFIT!! Good luck with your business, but you guys seem to be doing really well.
Thank you Biz4two. Our situation is different because we have a lot of bills! Everyone will have their own expectations of course so for us we need to make more. Plus we have to set aside for taxes, other bills, maintenance etc. We do weekly updates so as we are learning we'll be sharing! Thanks for watching!
-Cinnamon