Has anyone moved states with their LLC and MC number?

1039748

{"text":"Going from CA to FL for insurance purposes (tired of getting financially rap.ed). Surfed the internet and it was said to completely dissolve my LLC and create a new one in the other state; put my MC # on hold and then reactivate once in new state..","videos":"[]","link":"{}","pics":"[]","canComment":true,"externalShare":false}

279311

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1039748 发表于 2021-06-30 15:48:48 We’re not staying hotshots for long. We have already been shopping around for a new addition, looking at some Kenworths.  Met a driver the other day and he was pushing 2m miles on his Kenny. Always weighing pros and cons with hotshot and semis. Agreed on that YouTube part, they definitely make it too good to be true and definitely lie about how much money they make. I guess at the end of the day, everybody wants to look good, just wish people were more raw and truthful. \n\nSemi trucks might be the way to go but I would like to have a variety of trucks/trailers in our fleet, every single one has a purpose. \n\nThank you for sharing your personal experience on here, I love reading what everyone goes/has gone through to get where they are in the trucking industry today.

","text":"Something I’ve learned along the way is that it’s much easier, less stressful, and potentially more profitable in the long run to buy new (or newer) trucks. It’s been my experience that trucks begin to fall apart after about 350k miles. Before I got my own authority, I leased low mileage trucks (50k-250k miles) and never had any serious problems for 4 years. The problems I did have were very minor, like coolant leaks from a pierced hose, air leaks, etc. These are simple fixes that are even preventable. It wasn’t until I bought my first truck of 350k miles that for the first time I started to have lots of problems. At the time I had no serious mechanical knowledge of these trucks or what typical fails, so I was learning as the truck aged. I followed a few mechanic YouTubers who showed me common problems with these trucks and it helped a lot, but in the end and with what I know now, it’s much easier to just buy new (preferably pay it fast or in cash) and sell the truck at around 400-600k miles and then buy another truck and repeat. This is the method of mega carriers, although they usually sell at no more than 500k.\n\nWith this method, what you’re really doing is paying for “mechanical services” in advance and a much smoother business (especially the first 300k miles from a new truck). This is also particularly important for new owner operators who don’t yet have enough knowledge about these trucks and engines and how to perform maintenance that goes “beyond” what is found in the manufacturer’s maintenance manual. This requires research and experience with these trucks. A new owner operator already has their hands full having to learn the business and the least you want is another “big problem,” that is, dealing with problematic trucks that much more often than not plague older trucks. A truck that is in the shop just 1 week equals to several thousands of dollars in income losses. \n\nNow, I am not saying that one cannot be successful with older trucks, say, over 500k miles, but it takes certain very experienced owner operators who’ve been in the business for many years and so they’re familiar with these trucks. Unfortunately, new owner operators won’t be in the same situation and getting a used truck could end up resulting in quitting the business because there’s a point when all the problems of the business overpowers you. So this is why I recommend new owner operators to try to keep the business more simplistic. A newer (or new) truck will do that.","replyToPid":432897}

1039748

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1263336 发表于 2021-06-29 18:11:09 Florida is a good choice. That’s where I am but I’m a company driver so

","text":"Are you hotshot, reefer, dryvan, or flatbed semi? ","replyToPid":432644}

746835

{"replyToPid":0,"replyTo":"","text":"If you moved down there with a hotshot that was a bad idea because there is a severe lack of loads for them in Florida and the ones that pop up are very cheap.Insurance is going to be super high because of the insurance fraud in Florida.Basically 2 parties get together and crash their cars and they go to an injury attorney that knows all about it who then has them go to an injury clinic that’s in on it as well and when the insurance company is sued the attorney pockets a good chunk and gives one party a certain amount that is split between them and the other party.Crazy I know but leave it to the Cubans to figure out all the scams.Same with Medicaid/Medicare fraud by Florida doctors.I was born and raised in Miami so I know all to well."}

1263336

{"replyTo":"","text":"Florida is a good choice. That’s where I am but I’m a company driver so ","replyToPid":0}

746835

{"replyTo":"","text":"I did when we moved from ND to TX.I did dissolve the first LLC and opened a Texas one.MC stayed active just filed for a name change with the FMCSA.Do not put it on hold because at the current time they are taking a month to reactivate MC’s.Lazy government workers using Covid as the excuse.","replyToPid":0}

173189

{"replyTo":"","text":"Are you saying monthly??????","replyToPid":0}

1039748

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753289 发表于 2021-06-29 01:59:23 How much will you save using FL as a base?

","text":"Just sent an email out to my insurance guy this AM, they’re crunching numbers. Right now we are paying $4,745. I’ve called every single insurance company you can think of, even the ones that ‘support’ small trucking companies (they don’t) and they won’t cover anybody with a new MC under 3 years. Not even Progressive. ","replyToPid":432476}

1039748

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746835 发表于 2021-06-30 13:18:45 Another thing to keep in mind since I ran a hotshot for 5 years is that it is not a good long term business.Pickups are expensive and you’re lucky if you get 400k out of them,lots of shippers stopped taking hotshots because of so many dumb A’s out there not knowing what they are doing and Youtubers hyping all these people up to start hotshot businesses without any trucking experience.A hotshot is limited in weight,length,and ability to haul different things.Open deck and car hauling is all one can do unlike a semi where you can switch it up if one sector is slow or rates go to 💩.It’s crazy because it was so good at one point that I could run just Texas And be home most nights even though I did make 10k gross less a year but my profit margin was higher because of the cheaper fuel in Texas and less expenses and less miles ran.\n\nAs far as insurance my first year was 2014 and I was 28 with 3 years of CDL experience and a few tickets.$20k and half down.It progressively got better and the last two years of having tue hotshot I was just under 10k no down payment.I went back to work for someone for almost two years and recently purchased a semi truck and my insurance is a little over 10k because even though the LLC was still active this whole time insurance companies treat it as a new venture because of the two years of not having commercial insurance.

","text":"We’re not staying hotshots for long. We have already been shopping around for a new addition, looking at some Kenworths.  Met a driver the other day and he was pushing 2m miles on his Kenny. Always weighing pros and cons with hotshot and semis. Agreed on that YouTube part, they definitely make it too good to be true and definitely lie about how much money they make. I guess at the end of the day, everybody wants to look good, just wish people were more raw and truthful. \n\nSemi trucks might be the way to go but I would like to have a variety of trucks/trailers in our fleet, every single one has a purpose. \n\nThank you for sharing your personal experience on here, I love reading what everyone goes/has gone through to get where they are in the trucking industry today. ","replyToPid":432815}

746835

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1039748 发表于 2021-06-30 14:52:54 Thank you for all of the helpful info!🙏🏼Definitely won’t be putting my MC on hold now. As for the Florida move, we won’t be doing any loads there, we know the rates are dirt. We just need a place to sleep on the weekends and FL is where our family is. But I agree, those Cubans are ridiculous over there, and very bad drivers, lots of road rage. Won’t really be taking my truck and trailer through there that often, we are always OTR regardless. I’ll watch out for those scammers..😅 Sorry your friends had to experience those unfortunate planned events ..

","text":"Yup lol but I have to say that I’m first generation Cuban/American and it’s not the Cubans that came in the 60’s and 80’s but instead the ones that came in the 90’s.They are different.","replyToPid":432844}

1039748

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746835 发表于 2021-06-29 22:41:54 If you moved down there with a hotshot that was a bad idea because there is a severe lack of loads for them in Florida and the ones that pop up are very cheap.Insurance is going to be super high because of the insurance fraud in Florida.Basically 2 parties get together and crash their cars and they go to an injury attorney that knows all about it who then has them go to an injury clinic that’s in on it as well and when the insurance company is sued the attorney pockets a good chunk and gives one party a certain amount that is split between them and the other party.Crazy I know but leave it to the Cubans to figure out all the scams.Same with Medicaid/Medicare fraud by Florida doctors.I was born and raised in Miami so I know all to well.

","text":"Florida is insane, I would never check into a hospital there, my sis in law just quit at a major hospital in FL and the doctors accidentally kill people all the time, accidentally taking out wrong body parts/ giving patients large dosages of medication without reading their charts.. lots of scary stuff. ","replyToPid":432719}

1039748

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766797 发表于 2021-06-29 01:39:30 simple file for change NASTC can help you handle all....

","text":"I’ll check it out, thank you💃🏻","replyToPid":432473}

753289

{"replyToPid":0,"replyTo":"","text":"How much will you save using FL as a base?"}

753289

{"replyTo":"","text":"Oh wow!","replyToPid":0}

1039748

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753289 发表于 2021-06-29 02:58:25 Oh wow!

","text":"Yep, that price makes everybody’s eyebrows touch their hairline.. I’m at a loss🤣","replyToPid":432482}

893291

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1039748 发表于 2021-06-29 02:42:56 Just sent an email out to my insurance guy this AM, they’re crunching numbers. Right now we are paying $4,745. I’ve called every single insurance company you can think of, even the ones that ‘support’ small trucking companies (they don’t) and they won’t cover anybody with a new MC under 3 years. Not even Progressive.

","text":"Check with Jeffrey Gordon at Bayou insurance agency  in Monroe LA. They’re pretty awesome. We’ve been with them for years. If they can’t cover you, he will tell you who can. Progressive wouldn’t cover us either. 🙄","replyToPid":432481}

1066054

{"replyTo":"","text":"good morning SM, when I wanted to cover my semi for insurance I called Allstate because my car was covered with them they said they could also cover my semi I think Geico would do the same if you already have insurance with them..I'm really not sure..good luck","replyToPid":0}

1039748

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173189 发表于 2021-06-29 03:20:51 Are you saying monthly??????

","text":"Yep monthly, and my down payment was $8,300 ","replyToPid":432484}