Need Owner Op advice!
Discussion in 'Ask An Owner Operator' started by _Invictus_, Feb 24, 2020.
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Piss on that. No one on their deathbed ever says i wish i spent more time at work. -
$96 an hour ain’t much of a bargain but whatever......
I assume you know the specs you need for Moore....
P.S. Freightliner in Shrewsbury will give a truck to almost anyone... especially if Moore will give you a letter of intent to hire you......Brandonpdx Thanks this. -
Oh and I would add oil analysis for all fluids.
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Good tip on that Freightliner dealer also. New would be even better. Probably not with his credit and money down but who knows, worth a shot. I just think Paccar makes a better truck overall. (Kind of like Ford vs RAM.)
Lone Mountain I know some people have had okay luck with but any used truck is a case by case basis and it pays to be patient and picky.Last edited: Feb 25, 2020
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Save save save. I just had to replace my turbo after taking my first load out. It was a nightmare. Down for a week but thankfully I had a couple bucks stashed for rainy days....didn’t expect my first day to be the day though
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Mine is 500 and I am strictly cash only. If I need a VISA I put cash against the card at the bank and they build it for me. (Not debit, pure credit card) when I finish with it I tear it down and hold on to the funds after a zero balance. The funds become a foundation for a bigger limit card later in the year.
Medical billing is the most dangerous this year. I am about 2000 past due with another 1600 to add on to that not including three other creditors for a total of about 1500 more. All of which is past due based on the principal that if you paid 10.00 a month, in the eyes of the Law that's good faith payment while you build up the necessary funds to them off.
If you are at 13000 and will be down to 4000 with fuel bills, tires and so on to come? Its not enough it's a bridge too far.
You say you are super impatient. That needs to be pernamently put to bed, possibly with counseling or some form of medicine to help impulse control or idealation that could sink your business. One of the first and best lessons a trucker learns in this crookied industry is to rest while waiting a very long time. When you have had enough of waiting, settle down and wait some more. You are more than halfway there. -
Set a goal, like one year, put an action plan in place.
Work on saving money. Find ways to control your expenses. That does not say deprive yourself.
If you have a computer, great. Get a Spreadsheet going and track all your expenses. This is good practice for being an O/O. You can get some decent bookkeeping ones free from the OpenOffice or Microsoft web sites.
As to lone mountain. They really are hit and miss.
They really are not your friends, they are a remarketing company that sells/leases the trucks a company can’t trade or sell. Part of your plan is to find a good truck that will work for you, spec’d like you need. It’s out there at a reasonable price, you just have to look and be patient. Saving cash puts you in better control of the deal. If you have to do some financing, no more than 30% of your available cash should be used to get out the door. So down payment, fees and other charges are that number.
Last item. Start working like an O/O. Keep the records and all the related documents just as it was your truck. Get a file system down. Get the good habits now, so you have them in that year, when you get your truck._Invictus_ Thanks this. -
As far as the spreadsheets are concerned I already do that. I will focus more on operating like I on the truck at the moment for file keeping purposes. I do have OCD and like my ducks in a row. So the bookkeeping end of it I am positive will be fine. I would like to avoid loon Mountain the more I think about it. Going through a dealership would be a much better option. Forgive the errors speech to text.
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