1 Year Profit Earned. Sure Trac Dump Trailer Review.
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- เผยแพร่เมื่อ 13 พ.ค. 2021
- Well had the Sure Trac dump trailer for a year now. Here is what I love and dislike about the trailer. Profit and expenses for the year. What broke and what I would do differently next time. Sure Trac makes a great trailer.
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I appreciate your willingness to share your experiences with us out here in the industry. I've been following your channel for a while and have taken in a lot from your insights. Just wanted to say thank you from NC
Thanks Scotty!
Looking to add a dump trailer to my business and I appreciate the insight from the video. Thanks for what your doing.
Thanks for the info and insight Richard! Glad it’s working good for you.
Sure Trac made here in Indiana and wonderful company to work with. Damn good trailer's. Great video man.
The convenience is the best part for sure .
It looks like the left pin that keeps falling out has the holding pin on the opposite side of the L. The right side has that on the inner side of the L which may work better if it swivels when the trailer dumps .
I bought a 10K, 6 X 12ft. Sure-trac dump trailer a month ago (Wake Forest, NC). Good video, but what I noticed on your vid. is the quickie security stuff you added to your trailer. The chains on the tires, and the locking cable on the spare. I went to Lowes got 7ft of 5/8 galvanized chain, a locking cable, and I feel a wee bit better about the security of my trailer.
Thanks!
Thanks for keeping it 💯
Your missing the hitch pin retainers that go through the ramp lock pins. My Sure Trac had them when I bought it a few months ago and I haven't had the lamp holding pins slide. Good video and I love my 16 footer 14k Sure Trac also.
Pins never came with mine. Definitely a worthy upgrade.
@@RenovationsandRepair it should eliminated your ramp issue for ever.
@@RenovationsandRepair Pop out that keeper and add a couple of $3 hitch hair pins.
good one !!!!
what about your fuel, maintance n upkeep on your truck n time driving? something to think about it.
thanks for the video. I also live in the metro detroit area too
What's up man. Feel free to reach out if you have questions
Richard@peakcontractingmi.com
You can’t keep it at your home? What! Also how are you charging for fuel? I have a diesel so I charge .50 a mile. So if someone lives 36 miles from me then my drop/pickup fee is $18 which I round to $20 then x2 = $40 in fuel. Then I have a dump charge which I charge for a full load it doesn’t matter if they throw 3 boxes back there they are getting charged the same cost as if they fill it up with bricks. With each customer you have no idea what they throw in there and how much you are going to weigh. I got burnt to many times before doing it this way. Our fees are nowhere the cost of yours so you may want to invest in scales to weight the trailer before leaving the customer so you know what to charge them. Also depending on location I charge between $150-200 a day for the trailer itself. Then if they want a more than 5 days I charge $100 a day. But most people do day rentals. Just curious about your pricing you may be undercutting yourself
Out of your 33 loads, how many hours did it take you to do them? Of course on average. I have a 14ft dump trailer and I always like to break my profit down to the hour as if I punched a time card.
I do the same. I’ve only had my Lamar 5x10 (with 4’ sides) for 6 months and have rented it 6 times. I charge a flat $220 for 48hrs and that includes delivery and hauling to the landfill. The dump fee is billed at $170/ton. On average I spend about 2 hrs from drop off, pickup and hauling off. If I could do one thing over I’d buy a galvanized 6x12.
Would a 2020 5.7L Dodge Durango be able to pull this?
Decent video, but I got scattered with the numbers so put them on the screen next time. Im no business guru but I try to forecast out with items I have to finance to find where/when my break even and true profit begins.
Here in Roseburg Oregon they charge $94 a ton.
16k trailer gvwr plus your truck if your over 26k i think most places you need a Class A CDL. 14k keeps you under with a 12k gvwr a lot of 3/4 ton trucks have. You could get it underrated though i guess.
Thank you for mentioning this.
Thank you for mentioning this.
Yup. I couldn't get over a 14,500 lb. trailer as my 3/4 ton is 11,550. Also if towing over 17k combined for business a medical card is needed. And if towing over 50 air miles from business base then a log book is required. Still no cdl as long as combined is 26k or under. At least that's how it is in PA.
I put clips in ramp pins
Nice video sir 👍 had to subscribe
What Ford truck are you using to haul, engine size? Why I ask, because I want to start my dump trailer business with my old 2003 5.4L v8 fx4 1/2 ton truck. You or anyone think I can handle a 7x 14 dump trailer in an area with hills?
F150 but the trailer needs a larger truck. F450 is in its way.
By towing weight your f150 would be illegal. Can it do it? Sure
can you show where your leave the dumpster overnight? I own a condo and debating what to do
Just search for storage in your area and ask them if they do RV or outdoor storage
Love your video, but could you please go over how you price out your rates to your customers, including how you figure dump fees. And also do you take cash/check/credit card for payment? Appreciate the help, looking to do the same thing. Thanks,
Email me at peakcontractingmi@gmail.com
I am also interested in this information
I am also interested how to charge please great video thanks
Fuel costs?
Would you be willing to share who you use for commercial insurance for the truck, trailer and liability. If not publicly, maybe privately. I also live in Michigan and running into repeated wasted time with insurance agents.
Email me at peakcontractingmi@gmail.com
Good video , question.. do you think dump trailer business would be profitable if someone did it just in weekends ?
Dump sites close early on Saturday and closed on Sundays, so I would say no. But you can always check that out
Hauling mulch, top soil, gravel, can easily be done on the weekends and very profitable.
What size is your truck? Any issues towing 3 tons?
Just got a F450. F150 definitely struggled with anything over 5000 lbs.
Check out Jesse Mims "Never charge your dump trailer again".
Another question. How do you advertise? Thanks regards from FL
Facebook groups mostly, also the nextdoor app.
@@RenovationsandRepair Thanks!
Are the 2x4 just sitting in there or they screwed down?
2x4s are bolted to the 2x12s
Look at my latest video for the current trailer and setup.
th-cam.com/video/O5rvoMaZysk/w-d-xo.html
How do you like towing with the ring versus the trailer ball?
It is nice but you will get more noise towing with a pintle hitch. More oscillation for going over obstacles as well. Not as common of a hitch so gives it a bit more security.
Doesn't seem nearly worth it to me, all the equipment, work coming, going, cleaning, insurance, storage etc for $7kish a year in profit. Wow, depressing. I do draw inspections for mortgage companies, only need a vehicle, computer and phone to take photos, all of which I already had and last year I made $32k gross. Drive to the property, snap 20 or so photos, go home upload them and I'm done. Work maybe an hour or two a day including drive time on the days I work which was probably average 3.5 days a week last year. No insurance requirements either. Man I got it good and its a side gig on top of my full time Home Inspector job. I was thinking about this type of work too as something else to do with all my spare time but you kind of talked me out of it lol. I appreciate all the info though, thank you!
The question is really does a dump trailer business scale nicely... Can this guy buy 9 more dump trailers and be pulling in 10x$7000 (assuming 33 dumps stays constant per trailer) a year with not a whole lot more effort? Can he logistically have 10 dump trailers being rented out constantly earning cash..
Huh 🤔 interesting indeed
How do u get into that? I get off work every day at 2;30pm..its definitley something i could do as a side gig. I have a lot of free time after work. And credintials or schooling needed?
Youll need a CDL over 10k. Most people with trucks and trailers can barely even legally use them lol. I was gonna buy a dump trailer myself but then i found a small dump truck which will better pull a dump trailer as well
Depends on the state. In my state 10k-26k requires med card and dot numbers over 26k requires a cdl
If you just have a dump trailer business do you need a llc?
Yes I would definitely recommend. It is super easy amd cheap to make a LLC
What type of Ford is that your pulling it with?
Was a 150 now I have a 450
👍🏻🍻🍺🤙🏼
What kind of truck do you pull it with?
This one was with a F150 but since upgraded to a F450
Where in the metro Detroit area?
White Lake
Any insurance for the trailer in case of theft?
Absolutely. Since the 1st day of ownership.
@@RenovationsandRepair do you also rent them out for people to hook to their own truck and drive around?
Deduct payments and insurance
You almost lost, or bent, a ramp. (those are the nicest ramps in the industry). You then showed how the pin had come free and let it slide out and then showed the Other pin and said it was "just fine". You can easily see @ 1:50 that it is Not just fine. It is in exactly the position to also back out and let the ramp go and it is easy to see that you (or whoever) are not fully engaging the pin and locking it down. It was anything but just fine and guys have problems losing or bending ramps so you should probably edit the video to help them keep them secure ~
Hey what do you do for a living? Pretty nice truck and house you got. I guess your Dumping junk as a hobby right now
I own a small contracting business.
@@RenovationsandRepair Very Nice! Well since your in that industry I got a question. What service industry would you recommend for anyone to start that makes money and can scale forward with it?
Depends on your skill set. Learn a trade or start a small service handyman business and scale up as needed.
@@RenovationsandRepair My options that I have choose with be either Junk removal, Painting or Pressure washing? Whatcha think? or would you go with someone else? Im kinda of a jack of all trades
Painting is the lowest overhead. I’d start there and once you gain more capital, invest in dump trailers or roll off trailers and grow that business
how much was the trailer?
$12,000
Depreciation
Please slow down, you talk too fast. Not good for viewers 😕
Didn't talk to fast for this guy. That's like telling someone with a speech impediment that stutters, to talk faster.
He talks perfect, perhaps your mind is a little slow and you simply cant keep up? lol, JK, i'm just having a little fun...