Need Advice on Becoming O/O
I’ve been trucking legally for about 2 years, at the point where I have an opportunity to buy a decent truck. I have work lined up, RV hauling out of Indiana, hoping to do that for the first good bit until I have enough to come home and look for something local. Anywhere from 6-10k a week (including backhauls) before taxes and truck overhead hauling RVs and cars.
Truck is kind of high mileage (780k), but in great condition and has all maintenance receipts you can track back to when it was bought new in 2015. $20,000, I was thinking about getting a small business loan for $30k
I know nothing about how to get set up and started, according to government. It would be awesome if I can get in touch with somebody who can walk me through the process and maybe run down the experiences that they’ve had being an owner operator. I’d love to know the good and the bad, what to expect or what not to expect. I’d love to hear about the best industries to get in to become profitable as an owner operator.
I have a clean license, clean driving record ever since I first got my license when I was 16. Never had any moving violations in both a personal vehicle or work truck. 25, hungry enough to bust my ass at it, and I have a little girl who I want to build a business for to hopefully one day pass it off to her.