422: $1000 a Week Cash Flow ... from a Semi Truck?

<p>Ever thought about buying a semi truck and renting it out?</p> <p>Yeah, me neither, until I came across Ericka.</p> <p>Apparently there's big money to be made in trucking, but like any other side hustle, there's some strategy, risk, and nuance to the business.</p> <p><a href= "https://www.youtube.com/channel/UCxaf18Olr8YRgKcTt7mVuJw" target= "_blank" rel="noopener">Ericka Williams</a> owns 12 of these giant 18-wheelers, which can generate <strong>thousands of dollars a month in profit.</strong></p> <p>Ericka has gone from delivering pizzas as a side hustle to <a href= "https://www.sidehustlenation.com/blue-collar-business-ideas/">owning a painting company</a>, to now managing an investment portfolio that includes both <a href= "https://www.sidehustlenation.com/investing/real-estate/" target= "_blank" rel="noopener">real estate</a> and semi-trucks.</p> <p>If you're interested in real estate, there’s a parallel to consider with this business model. Trucks are assets you can acquire with leverage (meaning other people’s money), and essentially rent it out for weekly or monthly cash flow.</p> <p>Tune in to hear:</p> <ul> <li>how Ericka came across the idea of buying semi-trucks</li> <li>what to look for when buying your first truck</li> <li>the math, marketing, and mistakes to avoid in this side hustle</li> </ul> <p><a href= "https://www.sidehustlenation.com/how-to-start-a-trucking-company/"> Full show notes</a></p>