Owner Operater vs Just Owner

Discussion in 'Ask An Owner Operator' started by Quidd, Nov 26, 2018.

  1. Quidd

    Quidd Bobtail Member

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    Nov 26, 2018
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    I'm contemplating buying a truck and getting a driver.

    I already have a regular 8-5 job and my buddy will be working my truck for a fee.

    Wanted to see if anyone in here has done this and what are the challenges besides the usual (finding driver, type of truck, etc.)

    I do not have CDL myself. Working on that currently.
     
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  3. adayrider

    adayrider Road Train Member

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    Only the ones that went broke.
     
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  4. Bakerman

    Bakerman Road Train Member

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    He might be your friend now, but maybe not after this venture.
     
  5. nofreetime

    nofreetime Road Train Member

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    Post count join date.
     
    adayrider and Tb0n3 Thank this.
  6. DUNE-T

    DUNE-T Road Train Member

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    Buying a truck and putting a driver in it-sound like the easiest thing to do, but it's actually not, it's one of the worst financial decisions you can do, unless you are in this business 100%, know what you are doing and already have successful business experience
     
    Nothereoften Thanks this.
  7. thelushlarry

    thelushlarry Road Train Member

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    I see no problem with this. You should have a million dollars in the bank in five years. That is if you started with two million.
     
  8. Scooter Jones

    Scooter Jones Road Train Member

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    Buying trucks and putting drivers in them is easy! You should make LOTS of money real quick!

    Especially if you lease on and get hooked up with the right Landstar Agent! I heard those guys make like 300k NET a year per truck!

    I wish I had only discovered how easy it was to do it, I would of done it a long time ago!
     
  9. Lonesome

    Lonesome Mr. Sarcasm

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    ^^what he said^^
     
    thelushlarry and Crude Truckin' Thank this.
  10. Socal Xpress

    Socal Xpress Road Train Member

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    Paging @Ridgeline ....... Mr Ridgeline please pick up the white courtesy phone.

    To be blunt it's a good way to lose money and screw up a friendship.

    You really aren't going to like many of the responses

    Step 1 grow thick skin.
     
  11. Gdog66223

    Gdog66223 Road Train Member

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    I pray that your joking.....
     
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