Picking my own freight baby! My journey to & of being on Schneider choice, the Adventure & Numbers!

Commercial real estate in hot markets. I know several acquaintances that have 100 units, I have a mentor that was the #1 mortgage agent in the state of texas in the 80s. And now has about 500 units so that's motivation for me. I plan on listening to these videos on youtube while I drive so I can keep it in my brain wave. Hell I'm already obsessed with credit since I learned how important it is in life hahaa. Those videos will be included as well as business credit Oh and did I mention I'm bringing dumbbells on board? Positives waves over here man just trying to put some slight head nods in your day hopefully.

 

Good to have a plan or goal. Better to be able to adjust as needed. Get after it.

 

You can do this as a company driver as well. Top 1/2 of company drivers easily net as much as the bottom 2/3 of ICs once taxes and health care and 401k are taken into account.

Getting into real estate is a fine idea, but retiring by 25 is impractical. REI is hard work. You want 500 units you'll need property managers who will have to be watched/guided. Then you have to think about the leverage you'll need to get those properties - having a brand new trucking company with no real equity in it does not.make you low risk for commercial loans.

Not trying to rain on your parade; I think your goals are admirable. Your plans on achieving those goals are a little shakey and need refinement. In the first three years (with the current economic climate) you would do better as a company driver.

 

I don't have trouble believing these numbers....otherwise nobody would walk away.

 

Perhaps he's just using averages. Don't worry whipper. I don't think he's putting you in the bottom 2/3.

 

Somebody is hauling that cheap freight. Remember Mr Goodmoney?

 

1. I would not be in the bottom 2/3 of ICs that would just mean you don't have a business mentality to it if you're not doing what it takes to travel to the hot areas like the northeast forum people. And why would I want to work for a crap cpm when I could do percentage and get a bigger check. Look I understand that after expenses you really net about .70-.85 cpm on IC let me know of a company that pays that to company drivers.
2. How is it impractical when I know people who have began at 26 while working a job and retired at 31. It has been done and is possible just not with that mindset. Look I understand property managers, I understand maintenance percentage from your net just like a truck lease. That in my opinion is not working "hard work" this coming from a guy who sweat his a s s off working in a cement plant doing hard labor watching owner operators come in and drop loads off in AC trucks. Since that day I did my research and have come to the conclusion that owner operators earn more than a cpm based pay scale. Not attacking you if it may come off as that but I agree with my plan being a little shakey and need refinement but hey i'm here on this planet to learn.