|
Forums59
Topics1,039,353
Posts13,963,277
Members144,201
| |
Most Online39,925
Dec 30th, 2023
|
|
 Re: Making a large purchase
[Re: Bigbob_FTW]
#14550080
11/29/22 10:11 PM
|
Joined: Jan 2018
Posts: 4,942
Notaguide
TFF Team Angler
|
|
TFF Team Angler
Joined: Jan 2018
Posts: 4,942 |
we're already in a resession. Interesting this keeps being said. I can't throw a rock without hitting someone's new car. Be that as it may be, by definition, we are in a recession. I should make another thread and debate this with you. But I won't 
|
|
|
Re: Making a large purchase
[Re: Dave-0]
#14550087
11/29/22 10:13 PM
|
Joined: Jun 2020
Posts: 11,157
grandbassslayer
TFF Guru
|
|
TFF Guru
Joined: Jun 2020
Posts: 11,157 |
You need DOT numbers, annual inspections, etc. I don’t think you can afford it if your not willing to pay cash for it. I’d pass in this instance if I was you- or save the money.
|
|
|
Re: Making a large purchase
[Re: grandbassslayer]
#14550151
11/29/22 11:06 PM
|
Joined: Sep 2005
Posts: 28,260
Brian Spagnola
TFF Guru
|
|
TFF Guru
Joined: Sep 2005
Posts: 28,260 |
You need DOT numbers, annual inspections, etc. I don’t think you can afford it if your not willing to pay cash for it. I’d pass in this instance if I was you- or save the money. None of that stuff is really all that much money vs what you can make doing it. A 3yr loan at 4% isn't much of a payment and he will only pay $1300 in interest if he took all 36 months to get it paid off. It's fairly likely that at the end of three years the trailer may still be worth close to what he is paying for it now. Dave - O go for it!
|
|
|
Re: Making a large purchase
[Re: grandbassslayer]
#14550184
11/29/22 11:46 PM
|
Joined: Jan 2007
Posts: 14,658
Happykamper
TFF Guru
|
|
TFF Guru
Joined: Jan 2007
Posts: 14,658 |
You need DOT numbers, annual inspections, etc. I don’t think you can afford it if your not willing to pay cash for it. I’d pass in this instance if I was you- or save the money. If I took this advice I would still be working at the cheese plant in Muenster TX.
|
|
|
Re: Making a large purchase
[Re: Happykamper]
#14550186
11/29/22 11:49 PM
|
Joined: Oct 2006
Posts: 95,574
Bigbob_FTW
Big Sprocket Bob
|
|
Big Sprocket Bob
Joined: Oct 2006
Posts: 95,574 |
You need DOT numbers, annual inspections, etc. I don’t think you can afford it if your not willing to pay cash for it. I’d pass in this instance if I was you- or save the money. If I took this advice I would still be working at the cheese plant in Muenster TX. Aren't you in the mob?
![[Linked Image]](https://texasfishingforum.com/forums/pics/usergals/2017/07/full-20284-169975-biyl8lail.jpg) ![[Linked Image]](https://texasfishingforum.com/forums/pics/usergals/2017/07/full-20284-169974-image_preview.jpg) FJB
|
|
|
Re: Making a large purchase
[Re: Happykamper]
#14550196
11/30/22 12:02 AM
|
Joined: May 2007
Posts: 40,442
WAWI
TFF Guru
|
|
TFF Guru
Joined: May 2007
Posts: 40,442 |
You need DOT numbers, annual inspections, etc. I don’t think you can afford it if your not willing to pay cash for it. I’d pass in this instance if I was you- or save the money. If I took this advice I would still be working at the cheese plant in Muenster TX. exactly
|
|
|
Re: Making a large purchase
[Re: Bigbob_FTW]
#14550197
11/30/22 12:03 AM
|
Joined: Sep 2008
Posts: 121,172
hopalong
Pescador Loco
|
|
Pescador Loco
Joined: Sep 2008
Posts: 121,172 |
we're already in a resession. Interesting this keeps being said. I can't throw a rock without hitting someone's new car. Be that as it may be, by definition, we are in a recession. I watched a lot of people buy second homes in the mts. for 12 or more yrs. knowing that most were going to try to flip them. oops. we are about to experience housing bubble part deux, we may or may not have charlie sheen coming, probably not. a WHOLE LOT of people have bought new homes with good sized mortgages, recession is gonna cost a lot of jobs blue and white collar. if it comes we may see another problem with "too big to fail" loans/grants. jmo
|
|
|
Re: Making a large purchase
[Re: Happykamper]
#14550202
11/30/22 12:11 AM
|
Joined: Jun 2020
Posts: 11,157
grandbassslayer
TFF Guru
|
|
TFF Guru
Joined: Jun 2020
Posts: 11,157 |
You need DOT numbers, annual inspections, etc. I don’t think you can afford it if your not willing to pay cash for it. I’d pass in this instance if I was you- or save the money. If I took this advice I would still be working at the cheese plant in Muenster TX. Some people do well at borrowing to start a business, but more fail than succeed- for everyone of you there are 3 or 4 not so happy campers. 17k is not much cash, I’d be prioritizing some other things if I couldn’t scratch that much together. I understand measured risk- I’ve done it a few times in business and it’s paid off well for me.
|
|
|
Re: Making a large purchase
[Re: Dave-0]
#14550212
11/30/22 12:18 AM
|
Joined: Dec 2008
Posts: 16,196
grout-scout
TFF Guru
|
|
TFF Guru
Joined: Dec 2008
Posts: 16,196 |
Well I’m curious, who exactly pays you for using your dump trailer? You haul material for homeowners or something? Hauling junk off? It must be different down here and I’m curious about this.
|
|
|
Re: Making a large purchase
[Re: Dave-0]
#14550213
11/30/22 12:18 AM
|
Joined: Sep 2008
Posts: 121,172
hopalong
Pescador Loco
|
|
Pescador Loco
Joined: Sep 2008
Posts: 121,172 |
if you plan on hotshot work, find a co. that needs barrels of stuff hauled. hazmat cert. on the cdl means more money. I would recommend you contact OOIDA, they will have someone that can give you the short rundown on what is required for what type hauling you want to do. start there. https://www.ooida.com/good organization.
|
|
|
Re: Making a large purchase
[Re: Happykamper]
#14550220
11/30/22 12:23 AM
|
Joined: Jun 2011
Posts: 6,321
Dave-0
OP
DYSON
|
|
OP
DYSON
Joined: Jun 2011
Posts: 6,321 |
You need DOT numbers, annual inspections, etc. I don’t think you can afford it if your not willing to pay cash for it. I’d pass in this instance if I was you- or save the money. If I took this advice I would still be working at the cheese plant in Muenster TX. 100% with ya Mr. Kamper. The only reason I haven't done this 10 months ago, was a nagging mom who over thinks everything, to the point of doom and gloom. "No one will hire you with out a million dollar policy". Yet, I've got two potential clients who have been waiting for me to get a trailer and come clean up their properties. One of them being my current employer. Only thing holding me back is the best way to collect the money.
Laws won't fix a sin problem. What this world needs is a revival, change of the heart. ~The Skipper
Age is a number. Old is a lifestyle.
|
|
|
Re: Making a large purchase
[Re: Dave-0]
#14550223
11/30/22 12:25 AM
|
Joined: Jun 2011
Posts: 6,321
Dave-0
OP
DYSON
|
|
OP
DYSON
Joined: Jun 2011
Posts: 6,321 |
Go for it, I started my first business in 1985, not a great time, it is still going strong, started another business in 2008, not a great time, it is booming now, good luck. 1993, opened my first business. Hugely successful for a 19 yrs. Sold it. 1995 took over a Motor Vehicle Record and back ground checking biz, very profitable. Govt. regulated me out of it. 2003, started a very successful Photography business. Covid and the iPhone killed that. I am SO ready to go!
Laws won't fix a sin problem. What this world needs is a revival, change of the heart. ~The Skipper
Age is a number. Old is a lifestyle.
|
|
|
Re: Making a large purchase
[Re: Dave-0]
#14550229
11/30/22 12:32 AM
|
Joined: Nov 2017
Posts: 1,602
ToasterWEyes
Extreme Angler
|
|
Extreme Angler
Joined: Nov 2017
Posts: 1,602 |
I never made any decent money until I broke off and started working for myself......
But my boss is a major a#$hole!
It's only a good cast if you catch a fish...
Personal Best: 11.62 lbs
|
|
|
Re: Making a large purchase
[Re: Dave-0]
#14550230
11/30/22 12:32 AM
|
Joined: Jun 2020
Posts: 11,157
grandbassslayer
TFF Guru
|
|
TFF Guru
Joined: Jun 2020
Posts: 11,157 |
You need DOT numbers, annual inspections, etc. I don’t think you can afford it if your not willing to pay cash for it. I’d pass in this instance if I was you- or save the money. If I took this advice I would still be working at the cheese plant in Muenster TX. 100% with ya Mr. Kamper. The only reason I haven't done this 10 months ago, was a nagging mom who over thinks everything, to the point of doom and gloom. "No one will hire you with out a million dollar policy". Yet, I've got two potential clients who have been waiting for me to get a trailer and come clean up their properties. One of them being my current employer. Only thing holding me back is the best way to collect the money. I wish you the best of luck in your business- nothing I said is to deter you.
|
|
Moderated by banker-always fishing, chickenman, Derek 🐝, Duck_Hunter, Fish Killer, J-2, Jacob, Jons3825, JustWingem, Nocona Brian, Toon-Troller, Uncle Zeek, Weekender1
|
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2019/09/full-13-25504-logo.png){kind=logo}