owning a race horse

Partnerships are a good way to go because the expenses run about $35K a year. I deal with younger horses but try getting in a partnership like Karakoroum (cheap) or if you have more money go with West Point. In my opinion the best out there is Cot Campbells Dogwood.

[slotdirt]

Dogwood's probably the best, but you also have to pony up like $25k to start. Not everybody who wants to get into ownership has that kind of cash.

Where are you located, videogirl?

I paid $2500 for 10% in a horse last year. Just make sure you get to know the trainer who is running the partnership. I invest in Jeff Greenhill at Turfway. He is a good man and I really like being invested in his partnership. The $2500 got me 10% but you can purchase more shares. It is perfect for me because I dont have the time or knowledge to be hands on, but I enjoy the perks of being an owner. So far, I have made back almost all of my original investment. If my horse gets claimed for $15k like we are hoping then I will make a couple of grand. But you dont own a horse to make money, you own won to stand and watch your horse grow, enter the gate and cross the finish line. That first win is so unreal.

Originally Posted by slotdirt

Dogwood's probably the best, but you also have to pony up like $25k to start. Not everybody who wants to get into ownership has that kind of cash.

Where are you located, videogirl?

Usually more than 25K but his horses are almost always real runners. Tack on another 12K a year for expenses too. Cheap horses are nice to buy but be prepared to find out where they end up when their careers are over.

[Cajungator26]

What are the chances of breeding a decent thoroughbred your first time out? There is a nice stallion standing in PA for dirt cheap that I like a lot... does anyone have any idea of what it costs to hire a decent trainer?

owning a horse is extremelt expensive, its the most expensive pet you can have. not having owned one, and maybe someone who has can elaborate, but the cost a re extreme.
first you but it, lets say a minimun of 25,000 for a good dosage horse.

15,000 a year to feed it.
then you have to have a way to ship it, car, van , etc.
and then the entry fees for stakes (30,000 for the KD)
all the various equipment, you need extra 's too, bridles, saddles.
the trainer is what 15 bucks a day or so.
then there is the time, who will plan its day, do you have the time for a 1200 pound pet ?

this is basically a business you get into when you retire if you made milions throughout your life.
its what you spend the profits you made selling your lifelong enterprise on.
instead of buying stock , you buy livestock.

Originally Posted by Secretariat

owning a horse is extremelt expensive, its the most expensive pet you can have. not having owned one, and maybe someone who has can elaborate, but the cost a re extreme.
first you but it, lets say a minimun of 25,000 for a good dosage horse.

15,000 a year to feed it.
then you have to have a way to ship it, car, van , etc.
and then the entry fees for stakes (30,000 for the KD)
all the various equipment, you need extra 's too, bridles, saddles.
the trainer is what 15 bucks a day or so.
then there is the time, who will plan its day, do you have the time for a 1200 pound pet ?

this is basically a business you get into when you retire if you made milions throughout your life.
its what you spend the profits you made selling your lifelong enterprise on.
instead of buying stock , you buy livestock.

If you are looking at the big leagues that is true but you can get some nice horses cheaper but I would suggest buying fillies. Your colts are likely to find their way to europe for someone's dinner.

[Downthestretch55]

Cajun,
I got into it by breeding mine. It's not for everyone but it's something I like.
A good trainer...hmmm, it varies with the track. Figure $40 a day at a smaller track. The big tracks go for $80-$95.
One of my mares is in foal to Best of Luck (High Cliff Farm) on the nybreds.com site. I also have a nice new filly by Stanislavsky.
DTS

Originally Posted by Cajungator26

What are the chances of breeding a decent thoroughbred your first time out? There is a nice stallion standing in PA for dirt cheap that I like a lot... does anyone have any idea of what it costs to hire a decent trainer?

I live right near you. Who in PA are you looking at? Depending on what you have, Patton is a great value in PA. Around $2000. The best value in the country though is right near you. Snow Ridge stands for $5000.

[Cajungator26]

Originally Posted by Hoisttheflag

I live right near you. Who in PA are you looking at? Depending on what you have, Patton is a great value in PA. Around $2000. The best value in the country though is right near you. Snow Ridge stands for $5000.

I actually live in Florida, but I was looking for a decent stallion by Easy Goer (tough to find) and found one in Pennsylvania. Here is his information:

http://www.thoroughbredtimes.com/isd...ion_no=1422500

Here is his dosage profile: Dosage Profile: (9-6-16-0-1): DI: 2.56 CD: 0.69

Thoughts?

Originally Posted by Cajungator26

I actually live in Florida, but I was looking for a decent stallion by Easy Goer (tough to find) and found one in Pennsylvania. Here is his information:

http://www.thoroughbredtimes.com/isd...ion_no=1422500

Here is his dosage profile: Dosage Profile: (9-6-16-0-1): DI: 2.56 CD: 0.69

Thoughts?

$3500 sounds like a good deal. I know very little about Easy Goer stallions but who can complain about the great grandson of Hoisttheflag.

[jpops757]

Originally Posted by Cajungator26

I actually live in Florida, but I was looking for a decent stallion by Easy Goer (tough to find) and found one in Pennsylvania. Here is his information:

http://www.thoroughbredtimes.com/isd...ion_no=1422500

Here is his dosage profile: Dosage Profile: (9-6-16-0-1): DI: 2.56 CD: 0.69

Thoughts?

He was a very good horse.Even with his nice wins he never lived up to his potential. He was always set back with some minor problem. Without seeing the horse, I would think the potintial of finding a needle in a haystack is there. Comercialy Will was very well thought of when he started running.