Hotshot Start Up Cost (Real Numbers)

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  • เผยแพร่เมื่อ 2 พ.ย. 2024

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  • @MrButuz
    @MrButuz 21 วันที่ผ่านมา +2

    I think when starting up the trick is to not get crazy about buying a brand spanking new truck I would go with a 30k truck that does the job maybe a used 10k trailer that immediatly significantly reduces your outgoings. Of course it all depends what your doing with tax write-offs etc but still the smaller the initial outlay the sooner you'll be in profit effectively.

  • @megasmoothone
    @megasmoothone หลายเดือนก่อน +1

    Don't listen to these clowns with the negative comments. Work hard and then get your Authority. It's easier than you think to get. You're commercial insurance covers your truck so I'm not sure why you're still paying for regular insurance on your truck.

  • @_Machine631_
    @_Machine631_ หลายเดือนก่อน +1

    when I had insurance on my truck I was told I didn't need insurance on the trailer since my trucks coverage covered it since it would be attached. the commercial insurance should be had through private party(self). it maaaay be cheaper.

  • @ThinkBeforeYouMove643
    @ThinkBeforeYouMove643 2 หลายเดือนก่อน +9

    2,500 dwn and 1,500 a month to lease on to someone Na . File for business name LLC through your Secretary of State $150 You could of get your own Us dot number for $50 and could file for Mc number for $550 and BOC3 .and proof of insurance and you good. Good luck out their Owner op trucking is school of hard-knocks.
    I got my CDL A and own authority back when I was 21 years old 25 years still rolling. Best of luck to you God bless brother.

    • @Jordanwingsit
      @Jordanwingsit  หลายเดือนก่อน

      I am trying to get to that point, I leased on to learn the ropes. It is near impossible to make it work leased on though you’re right about that

    • @bobthebuilder1980
      @bobthebuilder1980 หลายเดือนก่อน

      I agree with him i filed my own llc and got plenty of work within 3 months

  • @debpritjay
    @debpritjay 10 วันที่ผ่านมา

    Thanks for sharing!

  • @eprofessio
    @eprofessio 2 หลายเดือนก่อน +12

    The best advice I can give a person thinking about hotshot is DON’T. If you are smart enough to get your CDL and Authority than you are smart enough to do ANYTHING. Trucking is the hardest industry you will ever work. If I can’t talk you out of it at least let me talk you into a dual tandem sleeper with box van or flat bed trailer. No step deck, no tankers. The first audit you get from DOT will make you quit anyway. You will get audited. 25 years Class A double, triples and tankers. Authority 2004-2005. STAY OUT OF TRUCKING. I went to school to be a school teacher and have an HVAC contractor company. DO NOT START A HOTSHOT BUSINESS! Get a dual tandem sleeper cab and a flat bed or box. Get a good used trailer from a place Penske. Find a good used truck on market place. For all the money you have borrowed you can get into big money with a real truck. That crew can dually just won’t haul the weight or go the miles. It will always be breaking down just like a big truck. Turbos, injector pumps, tires, wheel bearings. Those little trucks are not made to run all day long everyday.

    • @patricksquires77
      @patricksquires77 2 หลายเดือนก่อน +1

      It is nasty how we treat drivers and their equipment. Racket for gov - despicable.
      Between LED lights and other modern equipment there is not much to find wrong anymore but it just means the gov gets unreasonable now - as it is about money instead of safety. Drives up cost for everyone.

    • @MarkClark-n5g
      @MarkClark-n5g 27 วันที่ผ่านมา +2

      I drove big truck and went to New York and Bronx and it’s a rat race but you work for your self and you can say F you if you want,

    • @eprofessio
      @eprofessio 27 วันที่ผ่านมา

      @@MarkClark-n5g​​⁠that’s right. Hotshot in a pickup truck is a good way to end bankrupt with a burned up little truck. Get a good dual tandem sleeper cab with good axles, the biggest engine you can afford and a used trailer from Penske. You will be doing okay.

  • @bobthebuilder1980
    @bobthebuilder1980 หลายเดือนก่อน

    I started hot shot worked for a year ended with 84,000 in dept good luck brother my start up was similar to yours i was hauling cars have ram 3500 but single rear wheel so couldn't hold more than 2 cars without being overweight on rear axle but cars there is so much work and money to be made average 5,000 a month for car space so definitely need 3 cars to make a profit

  • @CrystalCanyon100
    @CrystalCanyon100 4 หลายเดือนก่อน +2

    Good video thanks for sharing this detail. A lot of others talking in generalities.
    What is leasing on? Is that a sponsor or dispatcher?

    • @Jordanwingsit
      @Jordanwingsit  4 หลายเดือนก่อน +5

      Good morning, thanks for the support! Leasing on is just running under someone else’s Authority/MC/DOT. They will usually take 15-20% for signing on and using their dispatchers. This is the route I chose while learning the ropes.

    • @eprofessio
      @eprofessio 2 หลายเดือนก่อน

      @@Jordanwingsityou are doing it all wrong. I made a video after watching yours to really explain what a driver needs to do to get going in trucking. I’m not trying to hurt your feelings. I have literally done everything you are doing and learned a better way.

    • @dayanaf3460
      @dayanaf3460 9 วันที่ผ่านมา

      @@eprofessioI just took a look at your video, it’s a 23:54 mn long video. Why so long? Is it a movie or the episode of a tv show? 😂😂😂😂😂

    • @eprofessio
      @eprofessio 9 วันที่ผ่านมา

      @@dayanaf3460 it’s a detailed explanation of what to do and why to do it to be successful in trucking. God bless your precious little heart. You go ahead and go buy a pickup truck and go burn it up using it for long haul trucking. You are the perfect person to buy a crew cab dually and 50ft gooseneck trailer with electric brakes.

  • @LSKHustleNGrind
    @LSKHustleNGrind หลายเดือนก่อน +2

    Good luck bro. It’s a big investment, all I would advise is to ignore all the negative comments and keep grinding.
    I’m about to start as well. 😎

  • @AJHorner
    @AJHorner 2 หลายเดือนก่อน +1

    Thank you for the information!

    • @eprofessio
      @eprofessio 2 หลายเดือนก่อน

      People only hear what they want. I watched this video and decided to make a video explaining what a driver really needs to do to get going in hot shot.

  • @andyuxmal
    @andyuxmal 3 หลายเดือนก่อน +4

    I’m starting this process but I’m taking my time. I got my CDL first and I’m currently in diesel school. I plan to buy a cascadia cash. I was thinking of getting a dually for my dad so he can help me

    • @Jordanwingsit
      @Jordanwingsit  3 หลายเดือนก่อน +6

      @@andyuxmal make sure you do you homework, this has been extremely hard for me to get going. I wouldn’t have made it without friends support and support from the company I leased with as far as money. Rates are stupid low and I’m having to deadhead a lot just to find avg loads. Good luck to you and feel free to reach out if you need any tips!

    • @andyuxmal
      @andyuxmal 3 หลายเดือนก่อน +2

      @@Jordanwingsit keep up the good work up with the channel. Subscribed.

    • @eprofessio
      @eprofessio 2 หลายเดือนก่อน +1

      Get a dual tandem sleeper cab and a flat bed of box van. DO NOT GET INTO HOTSHOT. Get your Authorities and do your own operation.

    • @71cfree
      @71cfree 2 หลายเดือนก่อน +1

      DO NOT BUY A CASCADIA!!!!!! Do not buy anything that takes DEF. Do not buy an automatic unless its an Allison.

  • @jpw7598
    @jpw7598 3 หลายเดือนก่อน +1

    Thanks for honesty

  • @nathankaganac
    @nathankaganac 2 หลายเดือนก่อน

    So I can have regular insurance for when I get my equipment? Or was that commercial on the truck or commercial on the truck? I’m sorry I just don’t understand

    • @Jordanwingsit
      @Jordanwingsit  หลายเดือนก่อน

      I am just running insurance under the company I leased on with now, I’m not 100% on the correct way to do it. You do need commercial insurance though. Normally 1 mil truck/100k cargo

  • @diontagant9944
    @diontagant9944 2 หลายเดือนก่อน +1

    I have a CDL wanted to get started in hot shot did you have any experience in flatbed, or how to tarp and strap the loads?

    • @Jordanwingsit
      @Jordanwingsit  2 หลายเดือนก่อน +2

      @@diontagant9944 it’s a tough road, honestly I’m rethinking getting into this. I grew up on a farm hauling hay but I didn’t have tarp experience. I just watched some TH-cam videos on the right way and the rest is pretty much straight forward. Pretty much anything I was lost on I was able to find answers on here.

    • @eprofessio
      @eprofessio 2 หลายเดือนก่อน

      DO NOT START A HOTSHOT BUSINESS! Get a dual tandem sleeper can and a flat bed or box. Get a good used trailer from a place Penske. Find a good used truck on market place.for all the money you have borrowed you can get into big money.

  • @BRAAVO_DA_KID
    @BRAAVO_DA_KID หลายเดือนก่อน +1

    How did you get the truck and trailer with no down payments

    • @Jordanwingsit
      @Jordanwingsit  หลายเดือนก่อน +3

      @@BRAAVO_DA_KID co-signer and got terrible interest rates

  • @55ThSummerST
    @55ThSummerST หลายเดือนก่อน

    My opinion.....i agree with Not doing CDL Hotshot but Non CDL Hotshot has its place..i ....Main reason is the Dually Pickup truck is not built to haul heavy day after day....equipment will not hold up...will need constant maintenance......If you are starting a Trucking business why limit yourself from growing your business because you cant scale weight.......the name of the game is capacity......48Ft 48 thousand pounds.......i starting my trucking business doing Hotshot...after 2 years you will understand a Pickup truck is not made to complete with Semi.......get a daul tamdem semi from The start...lease on learn the business and grow from there.....

  • @EddieMalone-uu8on
    @EddieMalone-uu8on 3 หลายเดือนก่อน +1

    Thank you 🙏

  • @ADrake-rb3dr
    @ADrake-rb3dr หลายเดือนก่อน +1

    I'm about to start HOTSHOT what the BEST TRUCK AND TRAILER LENGTH to start with?

    • @_Machine631_
      @_Machine631_ หลายเดือนก่อน +2

      dually and 40ft flat/mega ramp trailer with 10k or 12k axles. thats where id start. also class A license to allow you to drive more weight since there's more money with class A hauling.

    • @Jordanwingsit
      @Jordanwingsit  หลายเดือนก่อน +4

      I’ll be honest, it’s pretty rough out here. I would seriously consider all other options before diving into this.

  • @Dot-b9v
    @Dot-b9v 3 หลายเดือนก่อน +1

    So you need to have regular insurance and commercial insurance?

    • @Jordanwingsit
      @Jordanwingsit  3 หลายเดือนก่อน

      @@Dot-b9v to be honest, I haven’t figured that out yet. I assumed that I would need both for when I’m not working but I’ve heard yes & no from people I’ve asked.

    • @Dot-b9v
      @Dot-b9v 3 หลายเดือนก่อน +1

      @@Jordanwingsityou do consultations? Tryna get some information together before starting my hotshot business

    • @Jordanwingsit
      @Jordanwingsit  3 หลายเดือนก่อน +1

      @@Dot-b9v yeah I will get you my email and I’d be happy to help. Give me just a little bit

    • @Dot-b9v
      @Dot-b9v 3 หลายเดือนก่อน

      @@Jordanwingsitok let me know

    • @chefislandcook7300
      @chefislandcook7300 3 หลายเดือนก่อน +1

      You could’ve get your own commercial insurance

  • @JoseGarcia-ry1lk
    @JoseGarcia-ry1lk 3 หลายเดือนก่อน +2

    Hi what do you think about the silverado 3500 is a good truck to star work

    • @Jordanwingsit
      @Jordanwingsit  2 หลายเดือนก่อน +1

      @@JoseGarcia-ry1lk I like them, I prefer Ford though. I have family that hauls heavy loads of hay everyday and they’ve been through just about every truck. They say the new fords are the best they’ve ever pulled with and I agree with them.

    • @hellswindstaff91
      @hellswindstaff91 2 หลายเดือนก่อน

      I also agree on the new Ford trucks. We use 6.2 gas V8 Fords at my job since 2016 . ​@@Jordanwingsit

  • @Babylionhotshot
    @Babylionhotshot 3 หลายเดือนก่อน +1

    Subbed 🎉

  • @zackanderson2298
    @zackanderson2298 หลายเดือนก่อน +1

    This dude is gonna go broke 😭 way too big of an investment when starting out.

  • @nathankaganac
    @nathankaganac 2 หลายเดือนก่อน +1

    Amazon like 2k

  • @Dot-b9v
    @Dot-b9v 3 หลายเดือนก่อน

    And are you cdl or non cdl

    • @Jordanwingsit
      @Jordanwingsit  3 หลายเดือนก่อน +1

      @@Dot-b9v I have a CDL

    • @franciscomarquez5668
      @franciscomarquez5668 3 หลายเดือนก่อน

      @@Jordanwingsit What type of commercial driver's license is needed?

    • @Jordanwingsit
      @Jordanwingsit  2 หลายเดือนก่อน +1

      @@franciscomarquez5668 I needed a Class A CDL

    • @franciscomarquez5668
      @franciscomarquez5668 2 หลายเดือนก่อน +1

      @@Jordanwingsit thank you, For the information how can I communicate with you in the future to talk more about how to open my own hotshot

    • @Jordanwingsit
      @Jordanwingsit  2 หลายเดือนก่อน +2

      @@franciscomarquez5668 I am going to create an email to put on here so I can answer questions. Give me a little bit on that and I will comment it soon.

  • @curtiswilliams8377
    @curtiswilliams8377 6 วันที่ผ่านมา

    I'm sorry I don't respect none of you all. You all are not truckdrivers. You all are guys in a 4wheeler pulling a trailer. I see 99% of you all be broke down on the side of the road. Cause guess what those types of trucks are not made to be like a Big truck. I have been a truckdriver for 30 years so I can say what I want. When you get into a REAL BIG truck and get CDLs then I can respect this garbage. I don't see how Dot allow this fake stuff you all are not truckdrivers,I'm just keeping it Real 💯 🤨🤨