Retired military and single

Discussion in 'Questions From New Drivers' started by Pathmaster, Apr 3, 2017.

  1. Pathmaster

    Pathmaster Bobtail Member

    8
    2
    Oct 28, 2016
    0
    SITUATION: I am a retired E9 (Army) with 27 years of service. I am a company driver with ALL endorsements, I am single, no kids and am moving to the Tulsa Oklahoma area. My retirement/VA checks cover ALL my bills (Mortgage, utilities, phone, food, Veh insurance...no other bills) , Medical/Dental insurance is already covered and I still have a good chunk left over at the end of each month ($$$ to burn).

    My goal is become an O/O after a solid two years of flatbed OTR as a company driver.

    Being retired military, no wife, kids, mortgage and bills are already covered...I am extremely business savvy, I love driving, hard work and I am OCD when it comes to paperwork and maintenance.

    I have $75K ready to throw towards a down payment on a tractor/trailer

    QUESTION: would you recommend going O/O?
     
    tscottme and rward75 Thank this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. nb629

    nb629 Light Load Member

    213
    245
    Aug 21, 2012
    0
    If it's what you want to do then give it a try you only live once. I wouldn't put the whole 75k down though maybe half. You'll need the other half for unexpected expenses and to operate until your payments start coming in. NOTE I am not an owner operator. I have been reading a lot over the last several years on this site on advice from owners and think this is what most would advise. Good luck I won't be to far behind in you
     
    tscottme, rward75 and Pathmaster Thank this.
  4. FlexinTarzan

    FlexinTarzan Medium Load Member

    571
    655
    Jan 8, 2012
    Stanfield, OR
    0
    Wise Plan, Stay the course as a Company driver for 2 yrs to learn the ins/outs, trucking is not Rocket Science but the learning curve being a Company man over a period of time will give you the costs equivalent of fuel, maintenance, break-downs, shop-time, MPG's all of which will effect your bottom line as an owner-op. Many of us out here are JUST FINE being company drivers and you might come to that conclusion as well.
     
    rward75 and Pathmaster Thank this.
  5. dngrous_dime

    dngrous_dime Road Train Member

    3,150
    5,765
    Jan 28, 2014
    Lansing area, MI
    0
    SGM, what's your current experience level? I would get, at a bare minimum, a full 2 years before considering a truck of your own. And it also depends on how you want to run.
     
  6. uncleal13

    uncleal13 Road Train Member

    3,797
    6,295
    Apr 9, 2009
    Humboldt, Sk
    0
    Forty grand would get you a decent truck pre-emission 2003 or older. Limits who you can work for, but easy to maintain.
     
  7. rward75

    rward75 Bobtail Member

    48
    74
    Mar 22, 2017
    Pensacola, FL
    0
    I didn't retire, but my 50% VA disability rating covers my bills as well. No family either, and I'm also thinking I should too should do about a year or two as a company driver before I become an o/o.

    I think in that amount of time I'll know for sure if it's a career for me, but I can't wait to do this.
     
    wore out Thanks this.
  8. tscottme

    tscottme Road Train Member

    I would recommend Maverick Transportation. They LOVE vets. They have the best securement training for flatbed in the industry. Do flatbed company driver for 1-2 years then buy a truck and do Owner - OP with Mercer. Flatbed pays more. Mercer let's you pick your freight or they suggest freight. If I was sure I could do flatbed, that's my formula for O-O & money.
     
    Razorwyr and rward75 Thank this.
  9. dngrous_dime

    dngrous_dime Road Train Member

    3,150
    5,765
    Jan 28, 2014
    Lansing area, MI
    0
    TMC is also extremely military friendly. Stay off the grass!
     
    rward75 and SHOJim Thank this.
  10. rward75

    rward75 Bobtail Member

    48
    74
    Mar 22, 2017
    Pensacola, FL
    0
    DO NOT TOUCH MY BRIGHTWORK ~ SHIPMATE. :biggrin_25523:
     
    tscottme Thanks this.
  11. dngrous_dime

    dngrous_dime Road Train Member

    3,150
    5,765
    Jan 28, 2014
    Lansing area, MI
    0
    Idk what you're talking about, I'm not into guys.....lol
     
    rward75 Thanks this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.