I'm not an owner op of dump trucks but my Dad had equipment and trucks. He said the only time the trucks ever made him a cent was when he had a job trucking 200 loads of dirt 2 blocks. The trucks were a necessary evil. He had to have them for his excavating business.
I can't remember the last tandem axle dump I've seen around here other than some state highway department trucks. I bet it's been close to 30 years. They're too big for most residential work (of which there is none around here anyway), and they're not cost effective for most commercial work.
I think a better plan would be to get a CDL then see if you can hire on as a driver for someone else. Or maybe get your own semi dump and hire you and your rig out during the summer. Definitely talk to the people you'd be working for before taking the plunge.
I've been around construction my whole life. Everyone that I know that has made any money trucking or excavating has done so with new equipment. The people you'd be working for will not be very understanding when you can't be hauling for them because your old truck is broke down.
The first thing you need to do is talk to your insurance agent, your accountant, and a lawyer. Don't even think of doing trucking or dozer work on someone else's property without proper liability insurance.
If you do start your own full or part time business be prepared to spend a lot of time dealing with insurance, licensing, accounting and billing, maintenance, and a thousand other things.
Many teachers don't realize how good they have it. Their pay is guaranteed, they get a month of vacation during the school year and 2 1/2 months off in the summer so they can get a summer job, they have a pension,and health insurance.
I know, I know, administrators are idiots, the kids are unruly, and the pay sucks. We've got a couple of teachers in the family so I've heard all the problems.
I also understand the desire to do your own thing.
Good luck.
This post was edited by Pops1532 at 19:54:11 04/05/14.
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