Oilfield O/O good or bad idea?

Hey guys I have a question about whether or not I should buy a truck and trailer and go work in oilfields of ND hauling crude oil or sand (which I do now but with a company truck). I have heard from guys around here that you can make $10k to $13k a week with your own truck, which sounds unbelievable! Right now I'm bringing home $1600 a week (I could make more with a different company but I like where I am with this company).

The problem is that, in order to have the money to pay for the truck and trailer, I would have to sell my house. I don't live in it since it is my second house, just rent it out for a somewhat modest but very steady income. However I have a real emotional attachment to it (it has to do with family and let's just say that it represents something that if I get rid of I will never be able to get back).


Should I sell this house in order to pay for the truck? What I'm worried about is that once I get up there, there are going to be lots of up front costs and fees and payments that I didn't know about and it will eat all my money to the point that I'm just working to make ends meet and I will have sold something that I really love for nothing.

What kinds of costs do you have to pay (fees, insurance, that kind of stuff) that eat into your profits? How much money do you bring home every week? Do people pay you on time or is there the possibility of really getting screwed over if I do this?

Any help and information would be really helpful.

 

If you're able to read, you should have seen that i said i currently work there and have for years. reading is fundamental, "dontchya think?"

 

Thanks for the advice. I heard from a couple guys lately that they only really make about $20k more a year than I do, but they seem really rushed and stressed and I don't worry about anything at my job. I can't see going through all that stress for really not that much more money...but maybe some people just like to be stressed out?