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    8 Tips Can You Make Money with Dump Trailers in the Roofing Business?

    You first need a heavy-duty truck

    You first need a heavy-duty truck to haul your dumpster in. Dmitry recommends Dodge Rams, but Ford also makes a truck capable of hauling dump trailers. Once you have your truck, then you can buy a trailer. For these two assets, you are looking at investing between $25-50 thousand dollars. Yet where your biggest expenditure will come from is the maintenance of both the truck and dump trailer.

    Now, let’s discuss the pros and cons of owning a dump trailer.

    Pros:

    1. Easy to schedule

    You won’t have to arrange for a dumpster to go to job sites if you have your own dump trailer. Also, you won’t be working around another company’s schedule. With your own fleet, you can disperse the dump trailers on your time.

    2. Good for driveways

    Tires don’t scratch driveways, so you will never have to worry about damaging a customer’s driveway and then dealing with the fallout.

    3. More exposure

    If you plaster company insignia on your dump trailer, it’s “free” advertising. Since some homeowners or home associations don’t allow yard signs, a dump trailer is another viable way to promote your brand.

    4. More uses (materials)

    A dump trailer is multifunctional. You can use it to do many different things beyond just using it as a dumpster. For example, it can haul materials to and from job sites, saving you the hassle of making another trip or renting another vehicle.

    5. Deliveries/pickups

    Similar to #4, a dump trailer can serve as a mode of transportation, so if a supplier is running behind, you can save time and go to their warehouse for materials.

    6. Rent to others

    If you want extra cash, rent out your dump trailer on a site like Craigslist. It’s a quick way to make a few hundred dollars for not doing any work.

    7. Tax write-offs (biggest reason!)

    This alone is justification to buy a dump trailer. Dmitry saves thousands of dollars every year just by owning a dump trailer. Talk to a tax expert for ways owning a dump trailer can benefit your business.

    Cons:

    1. Time consuming

    Like any menial task, running loads or sending someone on errands in the dump trailer takes time that may be better served elsewhere.

    2. Not profitable

    Simply put, dump trailers do not make money. See Dmitry’s breakdown at (11:53) for an excellent breakdown on why the numbers just don’t add up.

    3. Liability

    Say your truck or dump trailer gets a flat tire. That can be a problem. Maybe you run old shingles to a dumpsite two times a day. That means more time on the road, which the odds suggest is more opportunity for an accident or mistake.

    Bottom line: dump trailers are great for businesses who already have a good system in place. A dump trailer adds value because of its ability to help in many facets. While it’s not a money-maker, owning one makes sense for the right business. Don’t look at the profit margins when analyzing dump trailers. Sometimes you have to take a step backwards before you can take two steps forward.

    Dmitry Lipinskiy
    Host of Roofing Insights YouTube channel CEO of Storm Group Roofing Founder of Roofing Business School

    Recent Articles

    Roofing Online Business School
    Our school will teach you everything you need
    to know about the roofing business
    Roofing Process Conference
    December 9th - 10th, 2021
    Rosen Centre
    9840 International Dr, Orlando, FL 32819

    1 Comment

    1. It’s nice to know that hiring dump trailers can also be a tax write-off. I’d like to renting one soon because I will be having my old garage demolished soon. Its structural integrity is getting weaker already but I’m sure that it still has some materials that can be salvaged.

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