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R and J horses
Has anyone been involved with R and J horses? They seem to have a pretty cool operation going?
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R and J horses is one of the advertisers on ATRAB each day. It is a horse ownership group for low costs with no additional monthly costs.
www.randjhorses.com That is about all I know. Any other info? |
"Just this past year, a $20,000 claiming horse won a million dollar Breeder's Cup race. "
which horse was that? The only ones I could think that it could be is thors echo or miesque's approval, and they both ran in $2 million dollar races. "You've always wanted to own a Thoroughbred racehorse. Now you can at one of these major tracks for less than a night on the town. RJ Thoroughbred Stables, LLC is offering you the opportunity to purchase as little as 2.5% of our next horse -- for less than $300." I dont think I've ever had a night on the town that cost me more that $300 dollars. I can usually have fun for 100 max. Maybe they mean eating at Morton's of Chicago and then going to a strip club. |
They sound like a bunch of used car salesmen in their approach to selling their partnership. Kind of slick - like someone that uses a lot of Brylcream.
Here's the catch - you pay your buy-in money, they buy a horse using your money. There are no bills. The trainer probably takes a 50% cut of the purses. The owners get 30% of the purses. Where does the other 20% go? To the managers? That's a HEFTY cut, in my opinion. But, to each his own...... |
Yea. I think you are right. They might make a hefty profit, but who knows. I think that 25% goes to Vet, stable, etc, so maybe they don't much much.
It sounds really fun to me. For $200 - $300 you have some ties to a horse, get to visit them in the stables and potentially get to go to the Winners Circle (if your that lucky). I don't really think 'making a profit' for this kind of investment is really the key. I just wonder if anyone else has gone into this type agreement. |
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Check out "Dee Tee Stable". |
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Are you the "R" or the "J" I think it is more effective to be up front and say you are a part of their team, rather than to come off like you are looking for info.... no thanks |
I am neither R nor J. I talked to J (Joe) and asked him some questions. It sounds really good.
I am truly trying to find out if anyone has experience in this. |
I have experience with partnerships and I say anyone that takes a 20% cut for managing would never get any of my money.
Best of luck if you buy in. I think you can do better, though.... |
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