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Hauling

Author
Wigglenomics
C O C A I N E
#1 - 2013-02-04 06:02:24 UTC  |  Edited by: Wigglenomics
Been patient and trained up my skills for an Obelisk, and I see it's 1.5 billion friggin' isk!

I've got a couple mill...but that seems a bit far off.

Is there any way for me to use these skills I've trained up to earn isk to buy the freighter?

I drive trucks in real life so I guess hauling freight is in my blood.

Maybe haul some contracts in an Iteron V or something?

Any tips would be appreciated.

Literally the only thing keeping me out of an obelisk is a few minutes of training Gallente Freighter.
Lors Dornick
Kallisti Industries
#2 - 2013-02-04 06:14:20 UTC
Yep, hauling in your Iteron is one way if you want to stick to hauling.

You've also gained most of the skills needed to use a transport on your way up (Blockade Runner/Deep Space Transport).

They can also be used (esp the BR) to increase your gain per hour.

Adding some trading skills is another good way to earn some extra cash while hauling (and to avoid deadheads).

And read up (forums and the net in general can be a good read while hauling) to avoid contract and/or trading scams.

CCP Greyscale: As to starbases, we agree it's pretty terrible, but we don't want to delay the entire release just for this one factor.

Wigglenomics
C O C A I N E
#3 - 2013-02-04 07:00:49 UTC


Another idea I have is maybe I could ask a freight corp if they could possibly go in on one with me, and I could work off the debt.

Maybe?

It'd be a risk yes, but I'd really like to haul for Red Frog and me being labeled a scammer wouldn't go over too well. Slim chance, but it's an idea.
Musashi Date
#4 - 2013-02-04 07:25:25 UTC
1. Buy three PLEX
2. Sell on market
3. Purchase Freighter of choice
4. ????
5. Profit!

(6. Get ganked by people from the Crime and Punishment subforum.)
(7. Repeat 1.)
Elena Thiesant
The Scope
Gallente Federation
#5 - 2013-02-04 09:32:47 UTC
Hauling's probably not for a completely new player. Sure, you can train for a freighter in about a month, but as you've noticed the prices aren't exactly low.

You also need a good amount of ISK in your wallet for for the collateral.

Let's say I were to put up a public courier contract of 20k m3 (haulable in an Itty 5) for 500 million ISK worth of goods. I would put a 550-600 million ISK collateral on that courier contract. If you want to accept that courier contract, you would need that 550-600 million ISK in your wallet to be able to do so and that money would be moved into a holding account once you accept that contract.

If you complete the courier contract, you get that collateral back. If you get ganked (not an unlikely event with 500 million in an Itty 5, especially if you're going through trade hubs or known gank pipes) then you not only lose your ship but you lose that collateral.

You're probably going to need a good income source to do serious hauling like for Red Frog. For example, their recruiting requirements include:
Quote:
Two paid (not trial) accounts

One for your freighter
One for your contract alt
Two toons on one account are not acceptable

A freighter that holds at least 860,000 m3 of cargo
500 million isk for contract collateral (1 billion or more recommended)


As for a corp buying you a freighter, why would they trust you enough to give you a 1.5 billion ISK ship, knowing that you could easily drop corp and disappear with that freighter at any time? Trust in EVE is sometimes hard to come by.
Reuben Johnson
Gal-Min Industries
#6 - 2013-02-04 11:15:06 UTC
Check with Push. I believe they still have lower level hauling corp just for Industry-type ships where you can haul and build up funds for a freighter.
Wigglenomics
C O C A I N E
#7 - 2013-02-04 14:11:16 UTC
Elena Thiesant wrote:
Hauling's probably not for a completely new player. Sure, you can train for a freighter in about a month, but as you've noticed the prices aren't exactly low.

You also need a good amount of ISK in your wallet for for the collateral.

Let's say I were to put up a public courier contract of 20k m3 (haulable in an Itty 5) for 500 million ISK worth of goods. I would put a 550-600 million ISK collateral on that courier contract. If you want to accept that courier contract, you would need that 550-600 million ISK in your wallet to be able to do so and that money would be moved into a holding account once you accept that contract.

If you complete the courier contract, you get that collateral back. If you get ganked (not an unlikely event with 500 million in an Itty 5, especially if you're going through trade hubs or known gank pipes) then you not only lose your ship but you lose that collateral.

You're probably going to need a good income source to do serious hauling like for Red Frog. For example, their recruiting requirements include:
Quote:
Two paid (not trial) accounts

One for your freighter
One for your contract alt
Two toons on one account are not acceptable

A freighter that holds at least 860,000 m3 of cargo
500 million isk for contract collateral (1 billion or more recommended)


As for a corp buying you a freighter, why would they trust you enough to give you a 1.5 billion ISK ship, knowing that you could easily drop corp and disappear with that freighter at any time? Trust in EVE is sometimes hard to come by.


Yeah I get that.

Just trying to come up with some ideas to turn a few mill to 1.5 bill. Guess I could try my hand at station trading but the profit margin of things is so slim I don't see how you can make much money. I have trade up to V though so I can try it.
Elena Thiesant
The Scope
Gallente Federation
#8 - 2013-02-04 14:33:06 UTC
Patience. (or buy game time and sell as PLEX). Eve is not a game about instant gratification :-)

You probably want closer to 3 billion. Freighter, collateral, replacement for the freighter when it dies.

If you have a good hauler, try inter-region trading, buy at one trade hub, haul, sell at another. You need to do a lot of research, and will be limited by that starting capital, but it's a reasonably good fit with hauling, and you'll see if you really enjoy watching a ship jump from gate to gate all the time.

Have a read through this blog: http://fulldisclosureeve.wordpress.com/
Nad'x Hapax
Hapaxa
#9 - 2013-02-04 14:44:57 UTC
Id try my luck with security mission for a while. U'd be well over a billion in a 90 days or so ever if untrained for security missions. Its hard to start building ISK with only a few million in any other way.

Quickest way would ofc be to buy some plex to sell for isk.
Iosue
League of Gentlemen
The Initiative.
#10 - 2013-02-04 15:56:36 UTC
Wigglenomics wrote:
Just trying to come up with some ideas to turn a few mill to 1.5 bill. Guess I could try my hand at station trading but the profit margin of things is so slim I don't see how you can make much money. I have trade up to V though so I can try it.


As someone that's done a bit hauling myself, here is my advice. Don't focus on the freighter at the moment, instead start inter-regional trading. buy at point A, ship to and sell at point B. Then profit. You still get to do some hauling and can begin to learn some of the more lucrative routes. If you have sufficient funds, you can also buy a blockade runner and start hauling to low or even null sec trade hubs. i'd advise getting to know these areas well first, before venturing into them with a BR.

Also remember, you can do some significant hauling with an Orca. It'll take more skills but they're not a pricy as a freighter.

Just a few options to think about. gl.
Ronix Aideron
Zymurgy Corp.
#11 - 2013-02-04 17:51:42 UTC
I do some hauling on the side. I have a couple of suggestions:

1 - Browse the courier contracts and see what it out there.
2 - In you are in a corp do the hauling for them or the alliance. Sometimes you can get okay money and avoid deadheads.

Start the day off slow and taper off from there.

http://eveboard.com/pilot/Ronix_Aideron

Mara Rinn
Cosmic Goo Convertor
#12 - 2013-02-04 23:36:19 UTC
Wigglenomics wrote:
Just trying to come up with some ideas to turn a few mill to 1.5 bill. Guess I could try my hand at station trading but the profit margin of things is so slim I don't see how you can make much money. I have trade up to V though so I can try it.


The profit margins are slim on some items, but the idea is to trade large volumes of those items so that your absolute profit is high. Another option is to search for items worth trading in the small volumes your wallet can support.

It might be worth your while to side track into an Orca. This gives you a much larger cargo capacity than an industrial, with a decent tank. Fit an MWD and you will be just as fast as an industrial. Use that extra capacity for larger speculative hauling jobs. In one region I have been regularly making millions of ISK profit per jump simply buying stuff from stations three or four jumps away from each other. Some people are lazy: they want multiple freighter loads of materials per week, but they just can't find the motivation to fly a freighter six jumps. These are their industrial alts, they log in, start some jobs, log off. So look for the hauling work. Use EVE Central. Check contracts. Look at all the items on the market.

FWIW my most profitable hauling trade has been consistently done in covops frigates, again earning millions of ISK per jump (but only making low single digit percentage profits).
Salpad
Carebears with Attitude
#13 - 2013-02-05 04:02:39 UTC
Elena Thiesant wrote:
If you have a good hauler, try inter-region trading, buy at one trade hub, haul, sell at another. You need to do a lot of research, and will be limited by that starting capital, but it's a reasonably good fit with hauling, and you'll see if you really enjoy watching a ship jump from gate to gate all the time.


One possibility is to get a fast ship and fly back and forth between trade hubs, e.g. Jita and Amarr or Rens and Hek, to check on prices. Flying on manual, in a frigate or shuttle, that should be reasonably fast. The idea is to specialize in a few types of goods, and keep constantly up-to-date with the relative prices between 2 hubs, or even 3 hubs. Then when an opportunity presents itself, fly to the cheap hub and invest as many ISK as possible in a cargo-hold full of the cheap stuff, and haul the stuff to another hub where it can be sold for a nice profit.

I have no idea how well that would work, in terms of how often profit opportunities present themselves. I just heard a few days ago, in the price_check channel, that the price of one particular tier 0 planetary commodity was something like 1.65 in Amarr and an hour later I found out it was about 1.05 in Jita. So that's 0.5 ISK p/u profit potential (minus taxes and broker's feees - if you want to be a trainer, you want to train skillz and improve standings to reduce those) per 0.01 of good, or 50 ISK per m3.

(Note that that was several days ago, and the price balance might have reversed by now. Also, I usually give a tip, when I make heavy use of the price_check channel.)
Jacid
Corvix.
#14 - 2013-02-05 20:02:27 UTC
In my experience plex would definitely be the easiest way. If you want to stay strictly with hauling one option would to try something that involves more risk but with likely more reward. A few ideas along that line would be hauling to low sec for pirates or faction warfare people. Your still going to have issues with collateral unless you can dig up some contacts or do a few freebee runs for them hauling with low value stuff (pos fuel comes to mind, ammo, pos mods come to mind). To do this you would be safer in a transport ship however an itty 5 can get the job done just make sure that to scout ahead with an alt or friend. Another options that might work would be join in on mining ops with a mining corp and offer to haul for them.

My 2 cents
Not Politically Correct
Doomheim
#15 - 2013-02-08 00:17:13 UTC
Wigglenomics wrote:
Been patient and trained up my skills for an Obelisk, and I see it's 1.5 billion friggin' isk!

I've got a couple mill...but that seems a bit far off.

Is there any way for me to use these skills I've trained up to earn isk to buy the freighter?

I drive trucks in real life so I guess hauling freight is in my blood.

Maybe haul some contracts in an Iteron V or something?

Any tips would be appreciated.

Literally the only thing keeping me out of an obelisk is a few minutes of training Gallente Freighter.


I tried hauling courier contracts in an Iteron V. Made 200 mil in 2-3 weeks. Then I got ganked off Amarr with 1 billion rounds of T2 Hybrid ammo aboard. Cost me 500 million ISK on the deposit. I don't do courier contracts anymore. Wasn't at war.

If you decide to go this way, it can be both fun and educational, but be careful.


Styth spiting
Brutor Tribe
Minmatar Republic
#16 - 2013-02-08 04:46:34 UTC
Wigglenomics wrote:
Been patient and trained up my skills for an Obelisk, and I see it's 1.5 billion friggin' isk!

I've got a couple mill...but that seems a bit far off.

Is there any way for me to use these skills I've trained up to earn isk to buy the freighter?

I drive trucks in real life so I guess hauling freight is in my blood.

Maybe haul some contracts in an Iteron V or something?

Any tips would be appreciated.

Literally the only thing keeping me out of an obelisk is a few minutes of training Gallente Freighter.

The training into a freighter you should have gained the skills to use both the blockade runner and deep space transport for the faction specific to the freighter type you trained.

Both of these are far better then the T1 haulers and both have very specific purposes. The DS transports have pretty descent M3 (and warp strength, tank, etc. look them up) while the BR transport can fit a cloak, unscannable cargo hold, and is stupid fast. These are both about 15X cheaper then a freighter (around 125m?).

if you're looking to getting into the hauling business these are your best options. T1 haulers are only good for hauling cheap goods. I would never for example haul more then 150m isk in value (others may have opinions on more or less isk/m3). I use them for only PI personally, everything else goes into Orcas.

Also if you have trained into a miner at all once you get mining barges V an Orca is only like (roughly) 12 additional days of training, and the Orca is by far the best hauling ship for highsec because of its versatility.