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Originally Posted by Kasept
We got 60 people that each threw in $500. Only charge. No other billings. Chuck Simon handles the day rate in exchange for 50% of any earnings. We bought a 3yo filly at the February F-T Mixed sale. Chuck worked with her for 75 days and we've have had some success with her and a lot of fun as many first time owners get a feel for what it's all about.
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That sounds like a great set up! What do you all do with the other earnings? Are they distributed, set aside, put toward future purchases? If Chuck handles the day rate - does he also pay for the vet bills, etc?
Sixty owners sounds like a LOT! Is every owner able to watch workouts, attend races, etc?