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

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The Side Hustle Show

Business


Ever thought about buying a semi truck and renting it out? Yeah, me neither, until I came across Ericka. 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. Ericka Williams owns 12 of these giant 18-wheelers, which can generate thousands of dollars a month in profit. Ericka has gone from delivering pizzas as a side hustle to owning a painting company, to now managing an investment portfolio that includes both real estate and semi-trucks. 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. Tune in to hear: how Ericka came across the idea of buying semi-trucks what to look for when buying your first truck the math, marketing, and mistakes to avoid in this side hustle Full show notes