How We Run Our Equipment Rental Business- Compact Construction Rentals

Поділитися
Вставка
  • Опубліковано 23 гру 2024

КОМЕНТАРІ • 89

  • @sanaullahkhan-ro8te
    @sanaullahkhan-ro8te 11 місяців тому +4

    I have currently 3 Cat 140g motorgrader for rent, having 8 year experience in keeping, renting and maintaining heavy equipment such as wheel loader, excavator, compactor, motorgrader, dumper. Also we build roads as a subcontractor

    • @AndreasMarcos
      @AndreasMarcos 11 місяців тому

      Very nice, I'm looking into getting into equipment rental myself as a side business, but starting with smaller, cheaper equipment. How much do you think your annual ROI would be if you just rented the 3 motorgraders in regards to the cost of purchase and equipment maintenance, so profit divided by total cost per year (as I assume you use them for work as well so)? Also, shat proportion of the total equipment value would say you're able to charge for renr? Thanks for sharing!

  • @weswiedenbeck8962
    @weswiedenbeck8962 Рік тому +3

    Great, basic, informative video. Thank you for taking the time out of your busy schedule to do this. It is greatly appreciated.

  • @alexzamot5135
    @alexzamot5135 Рік тому +2

    i’m looking to start a business exactly like this, your videos help a lot and bring a lot of clarity!

  • @critt3728
    @critt3728 Рік тому +1

    I worked for Everglades in Southeast FL. 2004-2009. Nice video!

  • @tomcat5986
    @tomcat5986 Рік тому +4

    New subscriber here. Really enjoy how you're focusing the videos on what people like me are wondering about the business basics and how you've succeeded. I would like to know what app you are using that you showed in the video.

    • @kenyg1333
      @kenyg1333 8 місяців тому

      Did you ever get a response on what app they're using

  • @lorenbarnhart1626
    @lorenbarnhart1626 Рік тому +10

    Love the video! What rental software/app do you use?

  • @jayc5850
    @jayc5850 Рік тому +2

    Hey! Was wondering what app do you use for the contracts?

  • @yanpronin2105
    @yanpronin2105 2 місяці тому

    great video! pls tell more about the insurance process

  • @lonestarcollectiblezcom2602
    @lonestarcollectiblezcom2602 Рік тому +1

    Great video, great info, can you tell us about the insurance expense, maybe on a per machine basis so we get an idea of what that looks like? Thanks, enjoy the channel and enjoy your hustle! Brian

  • @TrailblazerEnterprise
    @TrailblazerEnterprise Рік тому +2

    Thank you for this video

  • @justinhunter3737
    @justinhunter3737 Рік тому +1

    I would like details about the app you’re using for your rental agreements and photo documentation

    • @SkywayEquipment
      @SkywayEquipment  Рік тому

      Hello,
      Check out our new Patreon channel. This channel will go over in detail our contract, how we buy equipment, the app and software we use to do rentals. We will share all of the details to start and run a successful equipment rental business. This page will be an open book for you to learn and ask questions! Many of the details we will be sharing have cost us times and money to learn.
      www.patreon.com/SkywayEquipmentRentals?

  • @mattbarusic3090
    @mattbarusic3090 Рік тому +1

    Great video! Thanks for the insight and answering those questions. I want to get into something similar. Something to consider, attracting clientele/ a customer base more prone to longer term contracts. I was thinking along the lines of networking with construction companies that would need machinery for a month or two project. Or even if they have their own equipment make it known to them you are there for a quick substitute if the equipment breaks down. Additionally, reaching out to local contractors could be very promising. You could bring a lot of value to contractors that can't afford their own equipment yet or existing contractors that want to expand their services with your equipment. A business relationship like that could become a very reliable rental source. Just some food for thought:)

    • @SkywayEquipment
      @SkywayEquipment  Рік тому

      Definitely something we’ve thought about! And will likely be looking into in the future. Thanks for the comment

  • @hummervee3395
    @hummervee3395 Рік тому

    Great video. Thank you for sharing your experiences.

  • @ajlositoful
    @ajlositoful Рік тому +1

    I enjoyed the video. Very informative. Do you have any experience or information on renting out rider mowers to landscapers?

  • @tomaslopezsavoy1520
    @tomaslopezsavoy1520 Рік тому +1

    Thank you buddy for taking time to do this videos. Im in Australia wanting to start on this and is very helpful! One question: how do you buy the machinery? Finance with the dealership?

    • @SkywayEquipment
      @SkywayEquipment  Рік тому

      Hey man! Thank you, check with your local dealer at different financing options. They do lease options as well!

  • @jrac863
    @jrac863 11 місяців тому

    Boy you guys have it rough down there with thefts.We were just down in Cape Coral in December and was was talking to the guys in the rental department and he was telling us all 3 of their dingos are missing .

  • @umermoten2049
    @umermoten2049 Рік тому +2

    What kind of insurance do you guys use?

  • @Apexpropertycare
    @Apexpropertycare Рік тому +1

    How would you get any equipment that totally breaks down back onto a trailer to get it serviced at your mechanic shop?

    • @SkywayEquipment
      @SkywayEquipment  Рік тому

      We’ve had a few issues of machine breaking down on job sites. Each time we just call the dealer and ask for a tech to goto the site. It does cost to do that but definitely speeds up the repair time! Definitely an important thing to consider when choosing a dealer

    • @Apexpropertycare
      @Apexpropertycare Рік тому

      @@SkywayEquipment on that note it’s probably not recommended to buy used equipment 🤷🏻‍♂️

    • @PremiumFuelOnly
      @PremiumFuelOnly Рік тому

      @@Apexpropertycare Its fine as long as its still under warranty.

  • @adanr150
    @adanr150 11 місяців тому

    What’s a going rate for a 317 cab per day? How much is insurance per month for machines and with who?

  • @tomatinayala5347
    @tomatinayala5347 Рік тому +1

    How would you start out again?asfar as new truck or old ,what type of trailer ect

    • @SkywayEquipment
      @SkywayEquipment  Рік тому

      Just find what rents best in your area, start small and feel it out. I wouldn’t suggest buying a 100k machine right off the bat

  • @adanr150
    @adanr150 11 місяців тому

    What did you start with on construction equipment

  • @felixroma7138
    @felixroma7138 Рік тому

    love this video, actually may i have plan to do this rental business, my plan i start small amount and simple equipment, like 1 bagger mixer,scaffolding,and portbale compactor, could you advice me.thanks

  • @Vicmendo11
    @Vicmendo11 Місяць тому

    What was the name of that app?

  • @dcwayne10
    @dcwayne10 Рік тому

    How much cold calling did you need to do when starting out?

  • @leeevans9324
    @leeevans9324 3 місяці тому

    What software or app are you using for the rental contract

  • @recessionproof7744
    @recessionproof7744 7 місяців тому +1

    @skyway equipment rental and sales Hey how can someone start a Scaffolding rental business?

  • @Kevinwatches
    @Kevinwatches 8 місяців тому

    Curious about the software as well.

  • @ScottSchoenhofen
    @ScottSchoenhofen Рік тому +1

    Love the content. Do you require the customer to provide insurance for the rental? Inland marine, commercial, etc.

    • @SkywayEquipment
      @SkywayEquipment  Рік тому

      Our insurance covers them!

    • @StableLivin
      @StableLivin 4 місяці тому

      @@SkywayEquipmentdo you just carry general liability or have inland marine insurance? I am Having a hard time finding insurance I am am not sure if I am asking the right questions

  • @russttrader2269
    @russttrader2269 4 місяці тому

    Do you have to have a CDL to pull the 22GN Big Tex trailer ???

  • @russttrader2269
    @russttrader2269 4 місяці тому

    Did you rent by the hour for these jobs with the 317 ?? seems like a quick turn around........ if by the hour what is the avg charge ??

  • @joshowens2219
    @joshowens2219 Рік тому

    Whats your average rental period? ie. most people rent for 1 day, 3 days, etc.

  • @jakeking8097
    @jakeking8097 19 днів тому

    What app is that!?!?

  • @jameyhalley9305
    @jameyhalley9305 5 місяців тому

    Do you buy the equipment and put it in your company’s name or in your name as an individual? TIA

  • @Mrpenichee
    @Mrpenichee Рік тому +1

    Hey bro I’m in largo and got a mini skid scl1000 that I bought brand new that id like to keep busy any chance I can reach out to you?

  • @yj7105
    @yj7105 Рік тому +1

    Hey what app / software do you guys use

    • @SkywayEquipment
      @SkywayEquipment  Рік тому

      Hello,
      Check out our new Patreon channel. This channel will go over in detail our contract, how we buy equipment, the app and software we use to do rentals. We will share all of the details to start and run a successful equipment rental business. This page will be an open book for you to learn and ask questions! Many of the details we will be sharing have cost us times and money to learn.
      www.patreon.com/SkywayEquipmentRentals?

  • @dailybedlam5376
    @dailybedlam5376 Рік тому +1

    i have a question are you doing any planning for an economic downturn?

    • @SkywayEquipment
      @SkywayEquipment  Рік тому

      Definitely something we think and discuss, but we are just hoping for the best.

    • @pringle9464
      @pringle9464 8 місяців тому

      All the illegals will definitely mess the economy/country up.

  • @richrdsonjean7606
    @richrdsonjean7606 Рік тому

    Awesome video! Did you have prior experience moving these equipment? I'm interested but don't have experience driving theses heavy duty equipment

  • @yunngkhalifa
    @yunngkhalifa 6 місяців тому

    I own an exotic car rental company here in Atlanta….is your rental field pretty much the same?
    Contracts,Refundable Deposit,Full coverage insurance🤔
    I’m curious & thanks ahead of time

  • @socalindustrial1882
    @socalindustrial1882 10 місяців тому +1

    Whats the name off the app you use?

    • @SkywayEquipment
      @SkywayEquipment  10 місяців тому

      Check out our Patreon channel for all that info! Link is in our newest video description

  • @bertoooish
    @bertoooish Рік тому

    Question for yah? What app is that ?

  • @richrdsonjean7606
    @richrdsonjean7606 Рік тому

    Also what insurance do you use for your equipment?

  • @THYKAER
    @THYKAER Рік тому +1

    What is the Name of the app you use for rental ?

    • @SkywayEquipment
      @SkywayEquipment  Рік тому

      Hello,
      Check out our new Patreon channel. This channel will go over in detail our contract, how we buy equipment, the app and software we use to do rentals. We will share all of the details to start and run a successful equipment rental business. This page will be an open book for you to learn and ask questions! Many of the details we will be sharing have cost us times and money to learn.
      www.patreon.com/SkywayEquipmentRentals?

  • @pringle9464
    @pringle9464 8 місяців тому +1

    15:50. Don't cross us? That sounds like a threat. That sounds so south of the border. I do like your channel though.

    • @SkywayEquipment
      @SkywayEquipment  8 місяців тому

      Exactly right! Don’t play games with us😌

  • @walterryan4383
    @walterryan4383 Рік тому

    Promo*SM

  • @zackzander425
    @zackzander425 11 місяців тому

    Renting out Deere is risky. Customers can’t have downtime. CAT and Kubota is the way plus they always have 0% financing.

    • @adanr150
      @adanr150 11 місяців тому

      Reall o financing

  • @texas4325
    @texas4325 5 місяців тому

    What app is this and how much do they charge

  • @ggboys6077
    @ggboys6077 Рік тому +3

    I’m 20 years old. Got some money saved. What’s a good starter machine? Should I go big or start with something small? What’s rents most often? I’m down in TX. Just need the first one to be a good one🫱🏻‍🫲🏼

    • @SkywayEquipment
      @SkywayEquipment  Рік тому +1

      That’s awesome to hear man, congrats. Check out local rental yards & facebook market. See what’s renting frequently & at a price you like.

    • @ggboys6077
      @ggboys6077 Рік тому

      @@SkywayEquipment I’m thinking about a CAT 313F. I hear those rent frequently. Not too expensive, small enough to move, big enough to move the heavy shit.