Where can I gross $200k per year?

Discussion in 'Ask An Owner Operator' started by Travelinman, Mar 5, 2012.

  1. BigBadBill

    BigBadBill Bullishly Optimistic

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    Flatbed is not hard to learn. Plenty of info on youtube that will teach you how to tarp and secure. Plus people always willing to help.

    January thru June pulled a van then bought a flat. Grossed just under 200k last year on less than 90K miles. Had I started with flats I would have blown that out.

    But area you run is a key no matter what you pull. I stay mostly in the midwest. 200k is should not be that hard. On 48 weeks a year running you need to average a little better that $4k per week. VERY doable with a flat. Gotta work a little harder with a van.

    But at the end of the day it is about what you net not gross.
     
  2. Bikerdave

    Bikerdave Light Load Member

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    Nice but the OP is looking for 200k where will the other 116k come from HMMMM.... Maybe he can skip lunch a few times a week:biggrin_25517:
     
  3. Starline

    Starline Medium Load Member

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    I have just one question for those guys racking in the big buck...

    At the end of the year, with everything said and done, fuel, maint, truck/trailer payments, mortgage.... How much of that big money is left ?
     
    grizzly Thanks this.
  4. dog-c

    dog-c Road Train Member

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    Most o/o pay quarterly projected estimates to the IRS and any overages are credited as a refund. Tax scrutiny is much higher for o/o than company driver but I would estimate on 200k the tax bill comes to 35-50k per anum
     
  5. Travelinman

    Travelinman Medium Load Member

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    One thing you can do to lower/eliminate the tax bill is to put the money back into the business. You can improve your equipment, buy a apu, a trailer or another truck.
     
  6. Travelinman

    Travelinman Medium Load Member

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    Thanks everyone for your replies! This definately helps and points me in the right direction...
     
  7. Oscar the KW

    Oscar the KW Going Tarpless

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    There are also tax free investments for retirement, charity, etc. So asking how much is left is kind of pointless unless you are going to ask them to put their entire tax return on the web.
     
    Mommas_money_maker Thanks this.
  8. Motownfire

    Motownfire Light Load Member

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    You can GROSS $200K annually with a flatbed Hot Shotting oil field equipment. In order to do this you MUST be located in the correct area.
     
    Travelinman Thanks this.
  9. cpttuttle

    cpttuttle Medium Load Member

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    i'm saying what i made as a co. driver.if your willing to work,the money is there.and 7 times 12 is $96000.and i made that money taking a week off.
     
  10. cpttuttle

    cpttuttle Medium Load Member

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    where do u live?