($300k) To lease or not to lease? that is the question!

Discussion in 'Ask An Owner Operator' started by g&cinvestments, Feb 7, 2014.

  1. DrivingForceBehindYou

    DrivingForceBehindYou Medium Load Member

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    ChicagolandOfOpportunity
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    Unless you are a troll, then never mind, you have nothing to worry about, go on with your research...
     
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  3. Florida Playboy

    Florida Playboy Road Train Member

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    Fixed it for you.

    For the OP buy some foreclosure condos with the $300k and rent them out. Then live off the rent money sitting on the beach.
     
  4. andre

    andre Medium Load Member

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    There are many areas to park in Medley and out towards the casino on the way to Homestead on 997 and Tamiami trail. Just stick with parking in Medley and you'll be fine.

    As for trucking out of Miami? Look into Costa Farms. They run flowers out of South Florida. If you really want to go into the trucking business, you could do that from Miami. But I agree with the 300k could be better used doing something else...

    EDIT: unless you put it into a heavy haul or towing and recovery and tire changing/truck repair business! Those guys roll in the dough!
     
    DrivingForceBehindYou Thanks this.
  5. skateboardman

    skateboardman Road Train Member

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    richter , you didn't understand a word I posted. a guy who cares is going to care no matter what he is paid, a dummy is going to be a dummy no matter the pay. its something been taught or born into him growing up. you cant pay someone enough to teach him caring or work ethic.

    I am just trying to give ya some hard earned advice.
     
    exhausted379 Thanks this.
  6. Northern Lights

    Northern Lights Light Load Member

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    On this note, the easiest way to keep a team happy is to give them plenty of space, and the more driver friendly the truck is, the better. If you're investing in trucks with tiny sleepers and minimal storage, I would advise recruiting solo drivers. Team trucks don't stop often if they're being driven properly, so amenities like a built in fridge and AC power are chum in the water for teams.

    Volvo 780s and Freightliner Cascadias are the nicest team-friendly fleet trucks I've run across so far.
     
  7. Richter

    Richter Road Train Member

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    A guy who cares but isnt paid well and treated poorly will stop caring. If people are paid what they feel they are worth and are satisfied with their job, they work harder. Its simple economics. Can you honestly say you wont treat the equipment better if you were being paid twice as much?

    i wouldnt hire a "dummy" to start with, but the non dummy's aren't gonna sign on some ware that they wont be compensated correctly. What is your "hard earned advice" . Don't run a business and don't expand. That sounds like really sucky advice. Just because you didn't do well with employees dosn't mean i wont.
     
  8. fortycalglock

    fortycalglock Road Train Member

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    Unfortunately, it doesn't work that way. I've hired and fired drivers. All well paid experienced "professionals" who tore up my late model Columbias.
     
  9. haycarter

    haycarter Road Train Member

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    Care to elaborate on this Paragraph?

    Sound a bit like you're an Investment banker with some Tax driven Scheme to peddle...........
     
  10. skateboardman

    skateboardman Road Train Member

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    richter, you again missed the main point, when you find that guy that cares Then you pay what it takes to keep him. theres a huge difference.
     
  11. DrivingForceBehindYou

    DrivingForceBehindYou Medium Load Member

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    Simple to me. A megalomaniac with no understanding of margin of profit in the industry who thinks by his example to show everybody what can be done. And yes, I have seen a family to invest years to build a fleet, and no in one year you ll be lucky to be still in business, let alone attract some kind of investors
     
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