We Made How Much This Year? Equipment Rental Business

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  • Опубліковано 23 гру 2024

КОМЕНТАРІ • 62

  • @Ap_twsh
    @Ap_twsh 10 місяців тому +10

    The one thing I haven’t heard you go into depth with is paperwork and legal aspect of renting your equipment. Insurance? Contract? Liability? What happens if your equipment isn’t under warranty and breaks down? If you can make a video on that it would be great.

    • @SkywayEquipment
      @SkywayEquipment  10 місяців тому +5

      Excellent points right here. Keep an eye out we’ll do that.

    • @lukekazmir-dj1kv
      @lukekazmir-dj1kv 4 місяці тому

      @@SkywayEquipment did yall ever make a vid about contracts , liability, insurance? How to insure your machine doesn’t get stolen etc

  • @UhJonn
    @UhJonn 11 місяців тому +3

    We got our first rental in September and have been more and more consistent throughout the months. Looking forward to 2024!

    • @NewAgentHQ
      @NewAgentHQ 11 місяців тому

      What machine are you renting?

    • @UhJonn
      @UhJonn 11 місяців тому +1

      @@NewAgentHQ we have 1 Kubota u35 and 1 John Deere 317g at the moment

    • @NewAgentHQ
      @NewAgentHQ 11 місяців тому

      @@UhJonn How is it going and is it profitable?

  • @chrisgarland2272
    @chrisgarland2272 11 місяців тому +2

    Thank you for being so transparent!

  • @jrac863
    @jrac863 11 місяців тому

    Came across this channel on accident.Really interested in seeing how this business grows.Keep up the good work

  • @chrisgarland2272
    @chrisgarland2272 11 місяців тому +3

    I have purchased a dump trailer 7 x14. I would like to add the Mini but leaning toward a MT100. I was wondering how well it rents for you?

    • @SkywayEquipment
      @SkywayEquipment  11 місяців тому

      MT100 is a great choice! Very reliable machine and rents well

  • @dryrunoutdoors
    @dryrunoutdoors 11 місяців тому +1

    Been great to watch you guys grow. I have a full time job but I buy/sell tractors on the side. Have thought about also renting stuff out. Keep posting the videos as I love what I’m learning

  • @barajas121
    @barajas121 11 місяців тому +1

    Proven!
    Been following your journey and you've motivate me to start in California! Thank you for the knowledge.

  • @lonestarcollectiblezcom2602
    @lonestarcollectiblezcom2602 11 місяців тому +1

    Proven! Great job guys, I like the realistic goals for 2024! Wishing you guys all of the best and I like your business model, thanks for the advice, facts, motivation and keep hustling! Do you guys both have regular full time jobs and this is a side hustle, just curious, sorry if I've missed that before! How often do you guys rinse off/wash the gear, because I've heard that keeping your gear looking pristine, that clients want to rent it more, clients will take better care of it and it helps with your brand? Thanks, Brian

    • @SkywayEquipment
      @SkywayEquipment  11 місяців тому

      Yes, we both have full time jobs. Thank you for the encouraging message!
      We try to keep everything clean and looking good. People definitely take better care of our machines.

  • @NewAgentHQ
    @NewAgentHQ 11 місяців тому +2

    How large of a truck do you need to haul a MT100?

    • @SkywayEquipment
      @SkywayEquipment  11 місяців тому

      It is only about 4,000 lbs. A 1500 is perfect

    • @NewAgentHQ
      @NewAgentHQ 11 місяців тому

      @@SkywayEquipment That is great, would you suggest putting it on a flatbed? I think this would lower cost without a trailer.

  • @carlwhitehead2646
    @carlwhitehead2646 11 місяців тому +2

    Proven!! Congrats on your success!

  • @JohnCantey
    @JohnCantey 3 місяці тому

    What is your opinion? I have a good job. I am going to buy a mini track loader to rent out. What would be the best couple of attachments to cover the most uses?

  • @JosueExplores
    @JosueExplores 5 місяців тому

    My partner just purchased a Cat 259D3. He wants to be an operator and bid jobs. I'm of the mind that we should be in the rental business and keep this thing making money.

  • @nicolas-maximejussiaume
    @nicolas-maximejussiaume 10 місяців тому +1

    That's nice !! Good job !! 🇨🇦

  • @joshcox8748
    @joshcox8748 11 місяців тому

    Proven!
    I'd like to see an in depth video of insurance needed and the rental agreement & legal coverage.

  • @ivanlavrishin
    @ivanlavrishin 3 місяці тому

    What type of gps trackers do you use for your equipment?

  • @PremiumFuelOnly
    @PremiumFuelOnly 11 місяців тому +1

    I just got back my quote on liability insurance, guess its time to make it happen, thanks for the videos.

    • @chrisd5383
      @chrisd5383 11 місяців тому +1

      How much?

    • @PremiumFuelOnly
      @PremiumFuelOnly 11 місяців тому

      @@chrisd5383 $2500 as long as I dont go over $250k in revenue.

  • @rdugranitecompanync5164
    @rdugranitecompanync5164 11 місяців тому

    Im really thinking about getting into this Rental business and you motivating to go on . Thank you

  • @JohntehGman
    @JohntehGman 11 місяців тому

    Proven
    Just found you guys, very cool. Interested in the same thing

  • @jeremymartinez3961
    @jeremymartinez3961 11 місяців тому

    What software do you use to run your business?

  • @bonusking1224
    @bonusking1224 8 місяців тому +1

    Did you write up your own rental agreement or copy one from one of the big guys?

  • @tko6196
    @tko6196 9 місяців тому +1

    How much does a 317g with cab rent for...

  • @kevinsuarez708
    @kevinsuarez708 11 місяців тому

    Proven!! Awesome content, thanks for sharing.

  • @THYKAER
    @THYKAER 11 місяців тому +1

    So how do you get salary ? Do you have a side job ?

    • @SkywayEquipment
      @SkywayEquipment  11 місяців тому +1

      Yes, we both have full time jobs. This is just a side business

    • @j.l.7807
      @j.l.7807 7 місяців тому

      Came here to ask this! That’s badass for a side business and inspires me to grow my business.

  • @kiteman377
    @kiteman377 9 місяців тому +1

    Did you get a CDL or is one not needed for your big trailer?

    • @SkywayEquipment
      @SkywayEquipment  8 місяців тому

      Yes sir. CDL is required for that big guy

  • @WW-lm5ji
    @WW-lm5ji 11 місяців тому +1

    The numbers sound ok for a start but do you have another job caused based on your numbers it appears you make about $100k in cashflow between you and your partner. That is only $50k each. Obviously if the business scales up you could quadruple that or grow it even greater.

    • @SkywayEquipment
      @SkywayEquipment  11 місяців тому +1

      Yes! This is just a side business right now

    • @NewAgentHQ
      @NewAgentHQ 11 місяців тому

      @@SkywayEquipment How many hours a week does it take to operate?

  • @Huntinwithdaboyz
    @Huntinwithdaboyz 11 місяців тому +1

    PROVEN!!!!
    Been watching since day 1.... Or well close to it.

  • @precisionfilms3777
    @precisionfilms3777 11 місяців тому

    I feel like people would destroy equipment faster than you could make money. I would be to hesitant to let Billy bob roll out with something of mine with his clapped out 99 F150.

    • @SkywayEquipment
      @SkywayEquipment  11 місяців тому

      Actually the opposite!

    • @precisionfilms3777
      @precisionfilms3777 11 місяців тому

      @@SkywayEquipment so people actually take good care of your equipment?

  • @lukekazmir-dj1kv
    @lukekazmir-dj1kv 4 місяці тому

    Can you share your rental agreement and liability release ? I’m looking for good solid versions to start up my rental side hustle ! Plz and thanks

  • @joelschaffner
    @joelschaffner 11 місяців тому

    Proven!

  • @connorwysocki6575
    @connorwysocki6575 11 місяців тому

    Proven

  • @jakewiebe4253
    @jakewiebe4253 11 місяців тому

    Proven

  • @TrailblazerEnterprise
    @TrailblazerEnterprise 11 місяців тому

    👍🏾👌🏾💪🏾

  • @accold21
    @accold21 11 місяців тому

    Proven!

  • @05nbs_aldo75
    @05nbs_aldo75 11 місяців тому

    Proven

  • @EntreprenuerDavis
    @EntreprenuerDavis 11 місяців тому

    Proven!

  • @dustinw95
    @dustinw95 11 місяців тому

    Proven

  • @damianpascual97
    @damianpascual97 11 місяців тому

    Proven