load boards and buying a truck

Check out Landstar, they are #1 for your ability to choose your own loads. Lease a truck from Ryder, get the maintenence fund, and you are ready to go.
Much more to it of course, but that will get you started on your research and for what you want, that would be where I would start.

 

This is a good way to go broke....

If want to have a good shot at suceeding, make sure your credit is in good shape, have about 10k for operating capital at start up, and find a good used truck with under 400k miles.

 

You don't have enough experence. No offense but you don't know this industry yet, not to mention you won't be able to get insurance untill you have two years driving exp.

ANd that $150k is gross, before expenses. knock off fuel, insurance and truck payments and where do you think that leaves you. Actually I don't know what to make f that $150k figure. In reality it's too low to be gross and to high to be net profits. Mabey it's gross fr someone who just owns there truck and leases it to a co that pays all most the costs for them.

 

I was told if you lease or make payments on a truck you should only look for about 30-40k after expences if you are lucky and have no major repairs.

I my oppinion is drive for a company another 1-2 years put back as much as you can and buy a good used truck.
Make sure tha you have good credit and have plenty of room on credit cards and/or have about 10k in the bank for a major breakdown.

10k sounds like alot but given the cost to fix the truck and for the rental if you do not want to be down and out of work for a 1 week - 1 month yo really need this much.
Do not take your truck to any shade tree mechanics either take it to a respectable shop my uncle learned the hard way he took his truck to a best priced shop got it on the road quick and not to long down the road the engine blew again the shop did not want to warranty the work that they just done.
I did not ever find out what happened I knew that he was going to sue them but that is all. We do not see eye to eye all of the time that is why I don't know what happened.

 

You are too young, stay as a driver for at least 5 yrs.
Credit Cards and Trucking do not mix. Anyone that tries to run on credit cards is a fool unless they can pay the cards off each month in full.
You need more than 10 K in the bank Brokers and shippers are notorious for paying in 30-90 days if then and that's some of the better shippers and brokers. Some do pay sooner but you're not going to get every load from the ones that pay the fastest.

150K sounds like a lot but after expenses the bottom line (Net) isn't much more if any than what a good driver makes and the driver doesn't have the headaches either.
Been there Done that. Read my post about that here: http://www.thetruckersreport.com/tr...d-threads/13608-so-you-want-own-your-own.html

 

I was down right proud to be an "Asset Provider" for others to get rich while I struggled to maintain. Kind of like the guy that bought a horse for $25, put horse shoes on him for $50, fed him $100 worth of hay and Oats, spent $200 for Vet bills, then sold him him for $35 and felt rich.

 

I forgot about that part waiting on pay. so yes you will want more than
10 k in the bank the more in the bank the better you are off.