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HOW TO START HOTSHOT TRUCKING | GETTING YOUR AUTHORITY 

Load Mizer
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This video will break down the process and steps involved with getting your own authority. I have always and will continue to recommend finding a good accountant knowledgeable in the trucking industry to assist you on your venture year in and year out. A good accountant will only cost you a few hundred dollars per year to literally save THOUSANDS! Look up the info needed SPECIFIC TO YOUR STATE! This is critical in order to establish exactly what you will need and what the cost will be because every single state is different.
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28 сен 2024

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Комментарии : 259   
@Mike-Palmer
@Mike-Palmer Год назад
I know this video is old, but OOIDA can help with most of the filings, for a reasonable rate and steer you into the right direction.
@mimisha3253
@mimisha3253 3 года назад
Thank u 4 everything
@abdiwahab77
@abdiwahab77 2 года назад
Thanks
@frankrodriguezit
@frankrodriguezit 4 года назад
MY MAN!! Out here giving some much needed knowledge!
@muhammadabdulaziz3865
@muhammadabdulaziz3865 2 года назад
THANKS!!! GREAT INFO. I'M JUST GETTING STARTED. IN THE PROCESS OF DOING MY AUTHORITY... THANKS AGAIN....
@noone-mh4lo
@noone-mh4lo 2 года назад
This man is 100% correct..
@berrisbogle
@berrisbogle 4 года назад
Am thinking about starting my hotshot business too I am so lost so I have been doing so much research how to get started but this video helps so much thanks you because you give information that others don't even dig into... so thank you again.
@LoadMizer
@LoadMizer 4 года назад
No problem at all, glad this helped 👍👍
@positivelynegative9149
@positivelynegative9149 Год назад
I just started looking into this. I don't have a clue what any of those acronyms are. 😕
@grovesiderabbit
@grovesiderabbit 3 года назад
Dude I have not found a better dummy proof step by step way to do this than your videos. I really wish I would have found yours before other videos that were just confusing.
@ellroyenterprises6010
@ellroyenterprises6010 2 года назад
Thank you for this.
@JuanAmadorfamily1974
@JuanAmadorfamily1974 3 года назад
Best hotshot entrepenur I seen yet on RU-vid!!
@brandenmolina5535
@brandenmolina5535 3 года назад
But are you able to hire drivers with escorp
@LoadMizer
@LoadMizer 3 года назад
Yessir
@tseringsamdup5639
@tseringsamdup5639 4 года назад
I was thinking about be hotshot trucker and didn't know where to started but your video helped me lot thanks be honest
@tablossom9547
@tablossom9547 4 года назад
Yooo you are the Truth !! I really appreciate you for sharing your experiences!! You have been a GREAT HELP to me !! I’ve been following your channel for two months now and you Are a blessing to me .. !!! Thanks Bro
@LoadMizer
@LoadMizer 4 года назад
TA Blossom that’s awesome man and thank you! I’m glad I can help. My little vacation will be over soon and I’ll be back on the road tomorrow so more content will be on the way 🙌👍
@tablossom9547
@tablossom9547 4 года назад
Load Mizer cool that means I have a few hours to watch all of your videos to be caught up. .. BTW the way you run you deserve a Vacation .. be safe out there
@davymathew9872
@davymathew9872 2 года назад
Hey brother I need your help or anybody!!! I got my llc, my dot, my boc-3, mh ein, got truck 3 days ago, and noticed that the truck is leaking from underneath, like very little, it also does not have a mud flaps. Will that oil leak and mud flaps faild dot audit? I'm from texas.
@LoadMizer
@LoadMizer 2 года назад
A leak won’t fail you unless it’s a brake fluid leak. It will obviously cause issues and needs addressed but mudflaps will definitely get you a violation.
@avitia38super
@avitia38super 3 года назад
Why would you need an accountant for one truck
@richardmathers1567
@richardmathers1567 3 года назад
I applied for my dot and ended up with my authority also. best thing for you is to get in your truck and do a job. The adage is "Those that can DO" > "Those that can't TEACH" think about it
@LoadMizer
@LoadMizer 3 года назад
Not sure if this is a generalization or personal. Clarify.
@arronmoberly6449
@arronmoberly6449 4 года назад
Definitely another good video. Keep it up buddy! Stay safe
@LoadMizer
@LoadMizer 4 года назад
Hey thanks man! You still running the TSC stuff?
@lawsengh1
@lawsengh1 3 года назад
I wish I could just call you and talk to you. Nice video, straight forward. Thanks
@LoadMizer
@LoadMizer 3 года назад
That might be in the works soon. Stay tuned 👌 got a lot of content coming up.
@2ndMomentumGarage
@2ndMomentumGarage 2 года назад
If I have 1 truck and 3 trailers(car hauler, flatbed, dry van), are they going increase insurance cost for having multiple trailers even though I can only pull 1 at a time or just charge an insurance rate on whatever the most expensive trailer/cargo type that I have would be?
@LoadMizer
@LoadMizer 2 года назад
Yeah unfortunately each trailer will have its own rate. If you have a safe place to store them id recommend just insuring the one you’re currently using. It’s very easy to add/remove a trailer from your policy. If you insure all 3 at once it’ll be a higher rate.
@Kenji_king_14
@Kenji_king_14 4 года назад
I am currently in the process of applying for LLC. Thanks for sharing man. Very helpful.
@jadedsaint1776
@jadedsaint1776 4 года назад
Hey Man....Great video. Im trying to get this together.
@grandoakstransport390
@grandoakstransport390 4 года назад
S corp. is a great way to go we have had one for 20 years and run up to three businesses under the corp.
@LoadMizer
@LoadMizer 4 года назад
Grand Oaks Transport it’s literally the best all around. It allows single member, room for growth or expansion from day 1. In Kentucky it costs the same for me to file as it would an LLC. Plus my tax is cut by more than half as it would be llc. Deductions off the board before it’s paid for by taxed revenue. It’s awesome.
@dougbastian3324
@dougbastian3324 2 года назад
Hey man, love the advice! Still in the beginning stages but my question to you is how do you find a good accountant and how do you know if they're good or not? BTW, thanks for all of your great videos. You're killing it!
@joezambrano5303
@joezambrano5303 2 года назад
Did you find a trucker accountant..how did that go
@dougbastian3324
@dougbastian3324 2 года назад
@@joezambrano5303 no, nobody responded. Found a company out in Idaho.
@monicaluallen5166
@monicaluallen5166 2 года назад
I am an accountant but got to do my own. I came here to get our list together. But, an idea, l can do accounts while he drives. Quickbooks is awesome !
@TheOffroadn20
@TheOffroadn20 3 года назад
Thanks for the info I really appreciate it
@tonyjohnson8416
@tonyjohnson8416 3 года назад
Another kentucky boy,I currently transport rv, have been thinking about getting into hotshot,what area of Kentucky you from thanks
@LoadMizer
@LoadMizer 3 года назад
I’m over in the western part in Murray 👍
@chancewatson8422
@chancewatson8422 3 года назад
Thanks brother 😊
@donaldsipes1791
@donaldsipes1791 4 года назад
Whether you have an accountant or not the first thing you have to get is a USDOT#. It is free.
@LoadMizer
@LoadMizer 4 года назад
That’s a great idea, unless you actually plan on using it.
@burnz163
@burnz163 4 года назад
When you do public filings it is best to use a cheap prepaid phone from a dollar store or Walmart let that be your office number. And only give your main number to those who you want to do business with. I've been a contractor a long time and those phone calls get very annoying
@LoadMizer
@LoadMizer 4 года назад
A second phone wouldn’t be a bad idea. I haven’t had mine off silent since I registered it. It just makes some type of noise all day. Very annoying. A separate phone and email address is very handy for that very reason.
@curvehunter4025
@curvehunter4025 4 года назад
Looking into Hotshot. Getting too old for construction! Lol. That's some great information man! Thanks
@LoadMizer
@LoadMizer 4 года назад
I hear ya man. Easier on the body for sure. Hard on the gut though 🤣👍
@Shawn_Richards
@Shawn_Richards 4 года назад
Straight up facts right here folks. 👊🏽
@LoadMizer
@LoadMizer 4 года назад
Won’t catch me sugar coating anything👍👍
@kakhichitishvili8030
@kakhichitishvili8030 3 года назад
Hey man I got question I am filing for mc and dot for car hauling do I need to file for hazmat classification and file mcs150 and so on or should I put general cargo. Thx
@maebones4339
@maebones4339 4 года назад
Another good one.....thanks for info:)
@stanleyrobinson2155
@stanleyrobinson2155 3 года назад
Once you got your truck insured, how long before your mc became active?
@LoadMizer
@LoadMizer 3 года назад
My authority took 18 days to go live.
@stanleyrobinson2155
@stanleyrobinson2155 3 года назад
@@LoadMizer Thanks for responding
@jamesmacdonald7983
@jamesmacdonald7983 4 года назад
Great Info ,you don’t need authority to lease on ?
@LoadMizer
@LoadMizer 4 года назад
Correct. When you lease on you’re using that carriers authority to run.
@AngelRivera-gp2io
@AngelRivera-gp2io 4 года назад
Good to know thanks
@mikehartmann7339
@mikehartmann7339 2 года назад
What's your salary as S Corp status? Been watching your videos. Appreciate your content.
@pbgct9259
@pbgct9259 3 года назад
Load Mizer I live in KY, I have filed my Scorp, I have my EIN and business account set up, I bought a 99 7.3 powerstroke, only missing trailer still looking around. I’m in the process of filing for my DOT/MC I already have my accountant, CPA is my mother in law. Is it better to file as straight truck if I’m gonna keep the bed of my truck on or should I file it without the bed as a truck tractor?
@LoadMizer
@LoadMizer 3 года назад
They originally filed mine as a truck tractor and I had them change but to a truck and the cost difference was only $16. I think there are more ways to get around certain length laws by having it registered as a truck tractor. Even with the bed on.
@pbgct9259
@pbgct9259 3 года назад
@@LoadMizer The insurance agent I use told me to file it as straight truck. Myself and 2 other hotshot companies use him and he’s 1/3 the price of 12 diff companies quoted. Always on call. Just gotta find me a trailer now. Any advice? My friends say Wedge Kaufman DT. Company name is Bluegrass Logistics. Thanks for replying! I’ll be watching all of your uploads, stay safe out there!!
@LoadMizer
@LoadMizer 3 года назад
@@pbgct9259 there are a couple of good dealerships around me for flatbed in west ky but as for car carriers it seems like Texas Pride and Big Tex are the only ones with new inventory right now. The others are backed up.
@lowready2991
@lowready2991 4 года назад
Good stuff
@NorthernLightsExperiment
@NorthernLightsExperiment 3 года назад
Would it be ok start out with older truck like 04 ram dually ?
@LoadMizer
@LoadMizer 3 года назад
As long as you’re mechanically capable of keeping it up or know someone who is. Nothing wrong with older trucks if they’re taken care of.
@NorthernLightsExperiment
@NorthernLightsExperiment 3 года назад
Thanks for reply!
@MASTERSAIS
@MASTERSAIS 4 года назад
In between you and Alex my brain is exploding with shit loads of new info
@LoadMizer
@LoadMizer 4 года назад
🤣 🤯
@bryonsusedautos
@bryonsusedautos 4 года назад
If you have or had your own authority why did you lease onto Tow piglet?
@LoadMizer
@LoadMizer 4 года назад
I come from the big truck world. Hotshot was relatively new to me so I wanted to see the inner workings of the industry from the hotshot platform. I was leased onto a very successful hotshot before and then figured, well why not see what’s going on with the biggest name in hotshot on RU-vid. Like I’ve said before. This is all planned. Every decision has 2 planned afterwords. Plus I went from 148 subscribers to over 2,000 in a month. You think that was accident on my end? Lol 🧐
@Kenji_king_14
@Kenji_king_14 4 года назад
What exactly is factoring?
@LoadMizer
@LoadMizer 4 года назад
A factoring company basically “buys” your invoices from brokers for a set percentage rate and pays you typically anywhere from same day to 48 hours later instead of having to wait 15, 30 sometimes 45 days to get paid from the broker. They also consolidate all of your shipments and send you 1 1099 at the end of the year instead of a 1099 from every single broker you hauled for in that tax year. It’s basically like having an accounts receivable employee for 3 to 4% of your annual gross. Even at 4% let’s say you gross 200k that’s 8k for all the back office stuff. You can’t pay someone 8k a year salary to deal with invoicing and billing. It’s well worth it to me.
@Kenji_king_14
@Kenji_king_14 4 года назад
Load Mizer I completely agree man. Which factor company do you go with?
@LoadMizer
@LoadMizer 4 года назад
Stephen Hicks I went with OTR Capital. I’ve used them before and they’re easy to work with. Plus they offer a true non-recourse.
@Kenji_king_14
@Kenji_king_14 4 года назад
Load Mizer hey man, I really appreciate your time. Thanks for getting back to me. Not a whole lot of people are willing to share and I appreciate you doing that for me.
@LoadMizer
@LoadMizer 4 года назад
Stephen Hicks no problem man that’s what I’m here for 👍
@ajiriugodigo2347
@ajiriugodigo2347 4 года назад
Hey my man is this the same process for hot shot cargo vans too ?
@LoadMizer
@LoadMizer 4 года назад
Ajiri ugodigo yessir. As long as you’re not planning on moving peoples homes you’re good to go.
@cesaralarcon5819
@cesaralarcon5819 3 года назад
Say I would really like to talk to you one on one. I just started running hot shots from r this driver but I do have a lot of questions.
@adamshaw8214
@adamshaw8214 2 года назад
What things could cause you to be denied your authority?
@LoadMizer
@LoadMizer 2 года назад
Usually an error on the applicant’s part. Not filing for the correct authority general freight/autos/tow away/household goods ect. The other is failure to provide proof within the 30 day window of an active insurance policy with the correct coverages or failure to obtain a BOC-3 to file within the first 30 days.
@juliandrago4257
@juliandrago4257 3 года назад
Hey brotha, so I’m currently in the shipping business (Merchant Seaman) and I’m wanting to start up my own hotshot. I have my class A CDL. Would you recommend leasing under a company who has authority first to get familiarized and gain experience so when I do decide to get my own USDOT and MC I’ll be more likely to get loads faster than waiting 6 months..I have about 40k a side to get everything done.
@LoadMizer
@LoadMizer 3 года назад
Yes I would absolutely recommend going through your learning curve under someone else’s numbers. Your thought process about it is 100% prudent 👍
@juliandrago4257
@juliandrago4257 3 года назад
Thanks for the feedback!
@nickkirkland9118
@nickkirkland9118 3 года назад
Would it be better/smarter to have an accountant do everything for me or would you recommend me doing it all one at a time
@LoadMizer
@LoadMizer 3 года назад
If you’ve never done this before I’d recommend having them guide you at first on whatever they’ll help with. Then take the reigns.
@MrMothman33
@MrMothman33 3 года назад
What's your accountant name
@shyontaetntanddad6653
@shyontaetntanddad6653 4 года назад
Your video helped me make a clear decision. Please can you email me? I’d like more information. I was going to go the commercial vehicle route now I’m positive I want to hot shot. I don’t want to be in a big truck anymore. I’d rather hot shot for sure now
@LoadMizer
@LoadMizer 4 года назад
Wallace Smith it’s not any easier but it’s for sure a lot less to deal with financially. You can email me if you want. I don’t have a ton of time but i will definitely get back to you. loadmizer@gmail.com
@franke.643
@franke.643 Год назад
The Best!
@junniehart6785
@junniehart6785 Год назад
Thanks! For the advice
@LoadMizer
@LoadMizer Год назад
Happy to help!
@cmvdriver
@cmvdriver 10 месяцев назад
Very informative, thanks! I have a lot to research for my state. I really like the idea of hotshot trucking. However, I am starting from ground zero with zero $$ in CDL school at the time of posting.
@mimisha3253
@mimisha3253 3 года назад
I have to make it alone I was left for dead now I shall rise
@GrandDeluxeOfficials
@GrandDeluxeOfficials Год назад
Did your accountant do all your fmsca authority set up as well or did you have to do it yourself?
@LoadMizer
@LoadMizer Год назад
I did all of that myself. Most of it is free.
@elmo_eman2867
@elmo_eman2867 2 года назад
Does this Apply To Non CDL Also ?
@LoadMizer
@LoadMizer 2 года назад
Most definitely. I absolutely would not recommend non cdl though. Just my .02 cents
@elmo_eman2867
@elmo_eman2867 2 года назад
@@LoadMizer How does one look for an Accountant Boss ?
@stacksfargogmrichbullies139
Video should’ve been labeled; GET AN ACCOUNTANT
@brandenmolina5535
@brandenmolina5535 3 года назад
Who’s your accountant lol
@LoadMizer
@LoadMizer 3 года назад
If you aren’t in KY she can’t help you lol
@brandenmolina5535
@brandenmolina5535 3 года назад
Lol I live in Elizabethtown,
@LoadMizer
@LoadMizer 3 года назад
Check out Encompass PLLC in Calvert City 👍 Ask for Angela
@paulgill6652
@paulgill6652 2 года назад
Hey buddy I live in Kentucky To who do you use as your CPA
@lukeemery184
@lukeemery184 2 месяца назад
Awesome information. I was curious though. What is factoring?
@johndavid2140
@johndavid2140 3 года назад
hello please can you recommended to me some one as a good a aacountant in Kentucky state
@LoadMizer
@LoadMizer 3 года назад
Encompass, PLLC
@yaddayamean7769
@yaddayamean7769 4 года назад
Hey i been driving Doubles for Fedex for 2 years now. I have about 30k in the bank to invest.. I want to start Hotshotting. Can i be successful starting off in the next couple months with that budget? Im 26 years old no kids no wife. i work alot and ready to be my own boss. I would really appreciate it if i can get a response or email i can keep in contact with you. IF you dont mind
@LoadMizer
@LoadMizer 4 года назад
I’d never suggest that anybody kick off during the winter months unless you have direct access to guaranteed freight. If this is really what you want to do though I’d suggest age your MC by activist it with a cheap car on file with insurance at bare minimums. The monthly payment won’t be that much at all and by the time freight picks up early next year you’ll be over the 90 day mark and ready to roll 👍
@Hudbri11
@Hudbri11 2 года назад
Did you do a LLC w S-Corp tax structure or C-Corp w/S-Corp tax Structure?
@LoadMizer
@LoadMizer 2 года назад
Great question. C-Corp to S-Corp
@Hudbri11
@Hudbri11 2 года назад
@@LoadMizer I appreciate the reply. I am in the beginning stages of getting everything going and your videos have been a lot of help.
@Hudbri11
@Hudbri11 2 года назад
Another ? Do you know any accountants in Northern TN or Southern KY that know TN that have Trucking CPA Knowledge? I am in CA currently, originally from Bowling Green, KY, but I am opening the business in Gallatin, TN area.
@patriot9422
@patriot9422 2 года назад
I need your help
@hadassahleah1
@hadassahleah1 2 года назад
Hi you live in Kentucky ?I I bought a F350 and I need information how to start
@guitaropia
@guitaropia 2 года назад
Hello brother, I live in Lexington, KY and would like to connect for coffee or lunch if you could mentor me on starting a hotshot business. I am currently working for a truck company here in Georgetown, KY CDL-A. Would you be willing to help me kick start my business? I would really appreciate it!!!
@krishogan9709
@krishogan9709 Год назад
You are definitely a straight shooter. Let me ask you is there a company that you know of where someone can go to work driving ( pulling hot shots) to learn the business first to see if it something that they would like to do?
@johnnyiglehart8532
@johnnyiglehart8532 Год назад
Hey bro, Just wanted to say one of the most informative and realistic video series on Hot shot trucking. Thank you. I’m looking at starting up my own company. The advise on the trucking aware accountant is going to be invaluable. Thanks again.
@carlmalbranche
@carlmalbranche 3 года назад
Do you help people with the process?
@stu3775
@stu3775 4 года назад
Finally a non-bullshitter spells a few things out. Thanks Bro!
@robertb6700
@robertb6700 4 года назад
What??? Actual information and not telling people to hang out their truck to back it up OMG! LOL
@LoadMizer
@LoadMizer 4 года назад
I guess I’m just old school 🤷‍♂️😂
@joebrings5817
@joebrings5817 4 года назад
Lol
@mikemoya1201
@mikemoya1201 4 года назад
NOOOOOOOOOOOOOOOOOOOO, stop telling people how ez it is to get in. Tell them how hard it is to stay. All these new trucks are keeping the rates low.
@LoadMizer
@LoadMizer 4 года назад
I haven’t and will never say this is easy lol. I do disagree with one thing though, people in the industry aren’t keeping the rates low. Misinformed and ill prepared people are the ones that drive the rates down. Desperation drives the rates down. People get into this ball the time. What I’m tired of seeing is people struggle and lose their livelihood because they were fooled into thinking this is a get rich quick scheme. I just bring the facts. This country is too big for one person, one company. Nothing wrong with a little competition to keep the market hopping 👍
@carolinagoldbug983
@carolinagoldbug983 4 года назад
Just scanning some of the load boards (like uShip) just to see what's out there, it's obvious who the low-ballers are. Also easy to pick out the overpriced carriers. But unless I'm way off base, no way in Hell a successful business model would involve towing a large boat cross-country for $1.00/mile......or even a little bit less. Not unless you're ALSO towing something you ought not be towing.....lol.
@MASTERSAIS
@MASTERSAIS 4 года назад
Right.
@hi_iz_usay2065
@hi_iz_usay2065 4 года назад
Load Mizer that true! Thank you for everything 🙏
@conart56
@conart56 4 года назад
Load mizer once again a great video. I’m in the process of getting my LLCand my authority.
@LoadMizer
@LoadMizer 4 года назад
That’s great man! Study up! If you ever see me out here come say hey!👍
@thehamels5319
@thehamels5319 4 года назад
Can’t agree more! Dave Ramsey says if you do it yourself (any complex financial operation) and make small mistake. That mistake will cost you more than the fee of hiring someone professional.
@LoadMizer
@LoadMizer 4 года назад
Absolutely 100% correct.
@jaydahoda8066
@jaydahoda8066 2 года назад
Brother I think you have the best videos on all the important and legal steps keep it up thanks
@LoadMizer
@LoadMizer 2 года назад
Thank you man 👍
@fromnothing_tosomething9465
@fromnothing_tosomething9465 2 года назад
Bring back the vids they are always informative....
@hammersholsters8224
@hammersholsters8224 3 года назад
Great value information!!! Thanks a lot brother!!
@grandoakstransport390
@grandoakstransport390 4 года назад
He is absolutely correct! A good account who doubles as tax preparer is priceless. I believe we have business and personal taxes done for less than 500.00 per year! If there is ever a issue they take care of it! (My wife keeps the day to day books)
@LoadMizer
@LoadMizer 4 года назад
I knew I wasn’t as dumb as I look 🤣🤣
@susanelainecoffer7502
@susanelainecoffer7502 2 года назад
Here's something for your wife that will help her with keeping your books it's called truckingOffice tell them that Susan's trucking LLC sent you
@grovesiderabbit
@grovesiderabbit 3 года назад
@4:50 you can download a text/call blocker for this. I randomly learned you can also type "STOP" and text it to every text. I just copy and pasted all day lol
@LobbsTrucking
@LobbsTrucking 3 года назад
Aweosme video thanks, also love that logo, love some cope lol
@chipdadbo
@chipdadbo 2 года назад
Hey thank you for all the information you provided.
@davejunior299
@davejunior299 3 года назад
Thank you for all this I’m putting down on a spread sheet. I’m 6 months away from retiring from my lousy government job and preparing for the hotshot industry. Thanks for all the information. I greatly appreciate it.
@susanelainecoffer7502
@susanelainecoffer7502 2 года назад
Here's something that might help you with keeping track of all of your information on your loads,tires etc it's called truckingOffice tell them that Susan's trucking LLC sent you and maybe you'll get a discount
@davejunior299
@davejunior299 2 года назад
Thank you I appreciate it.
@steeleexpressllc990
@steeleexpressllc990 3 года назад
Once again, awesome video complete with actual facts. Unlike the clickbait RU-vid "celebrities" out there, Loadmizer shoots straight information. My accountant is my #1 business partner. Not sure how he avoids federal prison but he does and has saved me $10K's in taxes
@LoadMizer
@LoadMizer 3 года назад
Exactly! My accountant does magical things lol
@DroptineTrans
@DroptineTrans 4 года назад
Great info talked to a cpa today.... not sure if hes the one or not
@LoadMizer
@LoadMizer 4 года назад
Keep hunting man, you’ll find it! 👍👍
@carolinagoldbug983
@carolinagoldbug983 4 года назад
Well dagnabit! I feel like a favored student who failed the exam! Already filed under an LLC and got my EIN. Working on a business bank account now. No S-Corp and no accountant! Damn you, Load Mizer! 😜
@mdenmond2288
@mdenmond2288 2 года назад
Much appreciated sir - OUTSTANDING INFO
@kakhichitishvili8030
@kakhichitishvili8030 3 года назад
For non cdl car hauling business what als do we need boc3, ucr, ifta isn't required if non cdl, insurance, dot, mc number, do i need apportioned plate bellow 26000 gvwr Thank you.
@LoadMizer
@LoadMizer 3 года назад
I’d highly recommend structuring your business as an s-Corp or LLC and obtaining an EIN. Also separate funds and open a business checking account under the company name. You won’t need apportioned tags for non cdl.
@kakhichitishvili8030
@kakhichitishvili8030 3 года назад
@@LoadMizer thank you for respond and I d like to ask one more question for audit when car haulers sent all the paperwork i dnot need hazmat shippmen t paperwork right ? Reason why I am asking according insurance cars considered as hazmat.
@petercorey9556
@petercorey9556 3 года назад
Do you need a high-school diploma or college degree to transport cars
@LoadMizer
@LoadMizer 3 года назад
Nah man just a valid drivers license 👍
@duesouth901logistics4
@duesouth901logistics4 3 года назад
I did every step backwards..... but hey finally done with it , I did truck and trailer before everything else haha
@richardgipson1574
@richardgipson1574 4 года назад
I learned alot right here ,THANKS!!!
@ivanmcastros
@ivanmcastros 3 года назад
Hi. Question Im a sup contractor and I have a company name and my EIN. Can I used that business for a trucking business or Do I need to get a new EIN
@LoadMizer
@LoadMizer 3 года назад
Yessir as long as you register with FMCSA you can use the same EIN
@buster2106
@buster2106 2 года назад
U got great vids!!thanks a lot for the education bud👍🏼
@jeffthompson8663
@jeffthompson8663 4 года назад
"The other 48 states",,,,, I love it,,,, cause we know California don't count.
@LoadMizer
@LoadMizer 4 года назад
Haha I was actually leaving out Hawaii but yeah I should’ve said 47 🤣🤣🤣
@jeffthompson8663
@jeffthompson8663 4 года назад
So theres a hotshot need to Alaska.... I would go there nonstop. I figured it's too expensive and no one has interest to go to Alaska.
@LoadMizer
@LoadMizer 4 года назад
Jeff Thompson haha yeah there’s a few loads here and there to Alaska. They pay pretty decent too. You just gotta deal with Canada and the licensing and stuff through there. Plus fuel and food and literally everything is crazy expensive going there. Getting back is the issue. Not a lot of freight moving regularly.
@zachlauderman6463
@zachlauderman6463 4 года назад
hes exactly right
@ebonywoods4777
@ebonywoods4777 3 года назад
What are some advice you can give to women who wants to start their own trucking company?
@LoadMizer
@LoadMizer 3 года назад
I wouldn’t say much would be too different between the sexes besides the lifestyle/hygiene aspect. Almost every truck driver (male) has an empty bottle in the truck for “emergency situations”. Some women may need accommodations that men don’t necessarily have to have which would make staying at a location with no facilities difficult or uncomfortable but not exactly impossible. Just depends on the individual really. Other than try at it’s just a job that pretty much anyone can do if they put their minds to it 👍
@jebbrownshow4363
@jebbrownshow4363 3 года назад
Safety audit? Haven’t heard of that. Is that same as vehicle and trailer inspection? Got my dot and mc numbers. Filed boc3 and driver registration file etc. Also got dot medical card. Shopping for insurance and trailer now. Hope to be on road soon. Excited bout this new chapter of life! Thanks
@LoadMizer
@LoadMizer 3 года назад
Nah it’s an in depth audit mostly of records keeping and compliance. You’ll get a letter explaining it and you’ll also have to call FMCSA to confirm new entrant registration. You’ll be receiving info on all that soon. Make sure you have up to 2 hours to wait on hold calling in. It’s horrible.
@jebbrownshow4363
@jebbrownshow4363 3 года назад
@@LoadMizer ok thank you
@stevelovin2555
@stevelovin2555 4 года назад
Great information as always. Thank you!
@johnjohnson807
@johnjohnson807 3 года назад
Which accountant do you use in Kentucky? Just moved to the state and looking for people.
@LoadMizer
@LoadMizer 3 года назад
I use encompass pllc in Calvert city
@jslay8319
@jslay8319 4 года назад
This is the first RU-vid video I've ever seen with 500+ likes and not one dislike. If you ever needed any verification that your videos are being enjoyed by your viewers, then you've got it.
@LoadMizer
@LoadMizer 4 года назад
J Slay I haven’t even noticed that lol. I’ve got a few people on here that just hate everything I say and feel the need to dislike anything I put out. Luckily they haven’t found this one yet lol. Pretty basic info on this but the kicker is finding someone who knows your state rules and regs. They can help you structure a business way better than I ever could 👍👍 thank you for the compliment man, just trying to keep it straight forward and honest!
@jslay8319
@jslay8319 4 года назад
@@LoadMizer Well I can tell you that I started watching tow piglets videos and eventually made my way to yours and I've watched about 5 of your videos and there's alot of good info in here man. I work in the industrial field servicing industry. If it has a pipes, valves, or moving parts we work on it. One day I was talking to one of our hotshot drivers and he was giving me some info here and there and long story short after thinking about it for 2 years I'm seriously considering pulling the trigger on hot shotting.
@LoadMizer
@LoadMizer 4 года назад
J Slay it’s not a bad industry but it’s very region specific and super temperamental. Research as much as you can, which is sounds like you are!!
@jordanb1960
@jordanb1960 3 года назад
where at in KY do you live? im out here near london
@LoadMizer
@LoadMizer 3 года назад
I live on the west side of the state in Murray
@markcerundolo7898
@markcerundolo7898 2 года назад
Greatly appreciate the tips man, thank you. Really good info
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