Results 1 to 12 of 12

my 200th post

| General - Let's talk business
  1. #1
    Libertytow started this thread.
    Libertytow's Avatar
    SMF Badges of Honor

    Member since
    Sep 2012
    Location
    Silverton NJ
    Posts
    562
    Thanks
    64
    Thanked 340 Times in 180 Posts

    my 200th post

    Well for my 200th post i thought i would update everyone where i am @ i have learned way to many lessons since hurricane sandy took away everything from me.

    For starters as a full time tax paying completely legit and insured scrapper having such an interruption to the services i can provide my customers as well as an interruption to my customers as well was devastating. Over half my route decided not to rebuild and the other half got extra busy. i lost most of my trucks all of my tools and had to rebuild the business piece by piece. Amazingly after buying trucks i cut out alot of fat and extra equipment on the trucks.

    Cashing everything in before the price drops was crucial as i could have lost most of my equity but went seamlessly.

    i lost my dually 2 rams and the f150 i only replaced it with 1 ram 2500 but more trailers. i got my costs Way down insurance is halfed payroll is a third of what it was and my customer base was replenished with a lot of hard work. i have to thank this site

    1 without missing a beat i got new business cards shirts flyers and truck decals.

    the hardest part was negotiating with the bank for my truck loans and dealing with insurance. it was very hard getting an adjuster to value the trucks losses accurately. with a liftgate and gps and tool losses



    it was hard getting a computer system set up to track inventory.

    lastly it was hard overcoming personal loss when you wanted to quit most for that i say thank you to my fellow scrappers

    and look forward to posting more and sharing any value i can provide even if i am just a full time scrapper
    Liberty Towing & Recycling
    (732)279-8599
    Cleaning up NJ 1 LB at a time!
    Certified Mobile Scales
    Fully Insured Carrier usdot # 1802487
    WWW.LibertyTowing.Webs.Com
    WWW.TRRecycles.Webs.com

  2. The Following 14 Users say Thank You for This Post by Libertytow:



  3. #2
    BurlyGuys's Avatar
    SMF Badges of Honor


    Member since
    Feb 2012
    Location
    Waterford Michigan
    Posts
    1,591
    Thanks
    1,109
    Thanked 1,620 Times in 635 Posts
    Great 200th post. Thanks for sharing!
    Burly Smash![/COLOR][/SIZE][/FONT]
    John Terrell (248) 224-2188
    Burly Guys Junk Removal LLC
    5499 Perry Drive Unit P Waterford, MI 48329
    http://www.burlyguys.com

  4. #3
    tnjunkjockey's Avatar
    SMF Badges of Honor


    Member since
    Sep 2012
    Location
    Tennessee
    Posts
    50
    Thanks
    0
    Thanked 8 Times in 8 Posts
    that is a great post...glad u r getting back on ur feet...I had big set back yesterday ....I lost my dad.....I was gonna start scraping more but the last few months I have been tied up taking care of him and mom...maybe when things get settled down I can start scraping again

  5. The Following User Says Thank You to tnjunkjockey for This Post:


  6. #4
    Libertytow started this thread.
    Libertytow's Avatar
    SMF Badges of Honor

    Member since
    Sep 2012
    Location
    Silverton NJ
    Posts
    562
    Thanks
    64
    Thanked 340 Times in 180 Posts
    sorry to hear that i can honesty say it"s hard to work through it but you"ll get there

  7. #5
    Mechanic688's Avatar
    SMF Badges of Honor



    Member since
    Mar 2011
    Location
    Warsaw , Ind. In the heart of the lakes, and down the street from the hotel where Al Capone stayed.
    Posts
    9,568
    Thanks
    11,247
    Thanked 10,730 Times in 4,728 Posts
    my 200th post
    Congrat's,,

    P & M Recycling - Specializing in E-Waste Recycling.
    If you enjoy your freedom, thank a vet.

  8. #6
    parrothead's Avatar
    SMF Badges of Honor


    Member since
    Jan 2011
    Location
    Treasure Coast, FL
    Posts
    2,416
    Thanks
    667
    Thanked 2,067 Times in 953 Posts
    In this day and age, I love seeing people that are willing to grab their bootstraps and pull them selves up (or back up in this case) like most people on this forum. Scrappers are truely a big part of the heart of this country.
    "64K should be enough for anybody." - Bill Gates 1981
    http://www.treasurecoastelectronicrecycling.com/

  9. The Following 2 Users say Thank You for This Post by parrothead:


  10. #7
    SMF Badges of Honor

    Member since
    May 2011
    Location
    Saint Louis, MO
    Posts
    762
    Thanks
    15
    Thanked 900 Times in 349 Posts
    Liberty sorry about losing all of that expensive stuff. I gotta ask how fair was the insurance company with you. Did they actually pay you what you thought the vehicles were worth or did they say here is a check take it or leave it? What happened to the three trucks that they were totaled out? I feel like insurance is a joke because all they want to do is collect money and never pay it out no matter the situation. Just a few questions I have.

  11. #8
    Sirscrapalot's Avatar
    SMF Badges of Honor


    Member since
    Mar 2012
    Location
    A sandbar off the atlantic..OBX,NC
    Posts
    6,123
    Thanks
    11,885
    Thanked 8,781 Times in 3,853 Posts
    Glad your getting back on your feet there LT. Being one who see's the south end of his sandbar razzed every year, along with new inlets created and houses/businesses destroyed and swept out into the ocean I can understand how tough it is to rebuild. Lord knows I've seen it enough times down here on my sand bar.

    An as Parrothead said.."In this day and age, I love seeing people that are willing to grab their bootstraps and pull them selves up (or back up in this case) like most people on this forum. Scrappers are truely a big part of the heart of this country."

    Full article at Scrap Metal Forum: http://www.scrapmetalforum.com/lets-...#ixzz2JEl2PCo9

    Good luck with getting everything back to normal, it's never an easy task.


    sirscrapalot - What doesn't kill us, only makes us stronger.

  12. #9
    happyscraper's Avatar
    SMF Badges of Honor


    Member since
    Feb 2012
    Location
    spring hill,fl
    Posts
    2,864
    Thanks
    350
    Thanked 1,371 Times in 847 Posts
    Glad to hear your back and running. Keep moving forward, never look back. my prayers are with you and everyone afected by sandy.

  13. #10
    Jonniebrass's Avatar
    SMF Badges of Honor


    Member since
    Dec 2011
    Location
    Massachusetts
    Posts
    1,007
    Thanks
    582
    Thanked 496 Times in 296 Posts
    All that and time to post! I find your story very inspirational, great perverseness and good luck to you.

  14. #11
    SMF Badges of Honor

    Member since
    Jul 2011
    Posts
    962
    Thanks
    611
    Thanked 1,399 Times in 431 Posts
    Another score for the man who loves what he does! Keep up the good work, you've earned it!
    Specializing in Maximum value for mixed precious metal printed circuit boards and electronics

    Check out our pricing and read some of our RAVING reviews: http://www.scrapmetalforum.com/scrap...tal-scrap.html
    QUESTIONS? Email us: info@CashForComputerScrap.com
    or Chat with us: www.CashForComputerScrap.com

  15. #12
    Libertytow started this thread.
    Libertytow's Avatar
    SMF Badges of Honor

    Member since
    Sep 2012
    Location
    Silverton NJ
    Posts
    562
    Thanks
    64
    Thanked 340 Times in 180 Posts
    thank you as to the insurance ?'s they pretty much have no idea what a scrapper does. The problem is they see 2001 ram and base condition on body tires etc they don"t see the value in the liftgat securement system and wiring runoff the baqttery to an invertor to power tools. of course the $1500 they offered on that truck was insulting. they don't see the value in the lettering or the custom features added. lastly they don"t realize that the offer they make has to REPLACE the loss that is hard when 210k vehicles are off the market at once.

    pProgressive imho has to be the WORST insurance company possible aside from a long process to evaluate the loss when time to rebuild was critical. the adjuster was clueless and the whole process was painful. they cane up with 4 different #'s aqnd took the vehicles before offers were even made. once io finally hated the offer they had my trucks and couldn"t tell me where they were. phone calls took forever and got nowhere and the amount of time passing between them taking them and making offers was rediculous i STILL do no have my checks. Kodiak indemnity was alot better at getting me running again. i had a check in 30 days robert sharma was amazing throught the whole process. i only got $5600 but it replaced the oxy acy tanks plasma and 1 set of tools.

    i would strongly advise any full time scrappers to constantly look at where you are and your policies and see where you can make iumprovements. i would strongly advise you to be honest with your insurance agent and let them know what and where you are and let them know you are a full time recycler this is how we do it here are my needs.

    worst of all was the layover when everyone else and there mom was scrapping being on the sideline sucked. getting a truck was imperitive and getting the loan was along process however it became doable in the tail end of open season on scrap



Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook