Kyle Moffitt – New York Feature https://nyfeature.com Featuring Stories From New York City and World Tue, 30 Jan 2024 17:01:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://nyfeature.com/wp-content/uploads/2022/06/cropped-0B061D30-5439-476A-80A3-2EEB921FE404-32x32.jpeg Kyle Moffitt – New York Feature https://nyfeature.com 32 32 There’s a New Way to Invest: The Trucking Industry Offers Opportunities to Make Truly Passive Income https://nyfeature.com/business/theres-a-new-way-to-invest-the-trucking-industry-offers-opportunities-to-make-truly-passive-income/ https://nyfeature.com/business/theres-a-new-way-to-invest-the-trucking-industry-offers-opportunities-to-make-truly-passive-income/#respond Tue, 15 Nov 2022 04:26:43 +0000 https://nyfeature.com/?p=1725 Peregrine Transports is a trucking company that purchases trucks and hires drivers through their investment partners. Their partners make passive income. The best part about it: “We make this process 100% hands-off,” says owner, Kyle Moffitt. 

Unlike real estate, investing in the trucking industry makes truly passive income. Real estate often involves the purchasing of rental properties, fixing them up, and being a landlord. That is the equivalent of another full-time job. 

“When we partner with you all you’re responsible for is bringing a little bit of capital to the table, financing a truck, and then we take the rest from there. We will handle all the maintenance; we will make sure we have you set up on profitable routes so that we are making money together.” Kyle Moffitt says. 

Passive income is making your money work for you–and that’s why Kyle Moffitt says investing in the trucking industry is the best way to do that. After you invest your money, you sit back and get paid. 

Peregrine Transports’ partners earn well over 30% annually on cash invested with just one truck. When they invest in multiple trucks, that increases. 

Kyle Moffitt believes in the trucking industry so much that he plans to grow Peregrine Transports to 5,000 trucks. He wants Peregrine Transports to be one of the top carriers. 

It shouldn’t be difficult. The trucking industry is rapidly expanding. When other businesses were closing during the pandemic, trucking companies were booming. E-commerce expands every day which means shipping does too. 

If you’re interested in getting involved–check out Peregrine Transports at www.peregrinetransports.com and invest today!

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