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  #1  
Old 06-06-2007, 07:52 AM
ohiovol
 
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Default 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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  #2  
Old 06-06-2007, 09:12 AM
ohiovol
 
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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?
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  #3  
Old 06-06-2007, 09:45 AM
Antitrust32 Antitrust32 is offline
Jerome Park
 
Join Date: May 2006
Location: Ft Lauderdale
Posts: 9,413
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"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.
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  #4  
Old 06-06-2007, 10:35 AM
phystech's Avatar
phystech phystech is offline
Narragansett Park
 
Join Date: Mar 2007
Posts: 556
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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......
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  #5  
Old 06-06-2007, 11:43 AM
ohiovol
 
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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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  #6  
Old 06-06-2007, 12:25 PM
Antitrust32 Antitrust32 is offline
Jerome Park
 
Join Date: May 2006
Location: Ft Lauderdale
Posts: 9,413
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Quote:
Originally Posted by ohiovol
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.

Check out "Dee Tee Stable".
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  #7  
Old 06-06-2007, 12:56 PM
robfla robfla is offline
Calder Race Course
 
Join Date: Mar 2007
Location: Strategically between Calder and Gulfstream
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Quote:
Originally Posted by ohiovol
Has anyone been involved with R and J horses? They seem to have a pretty cool operation going?
Quote:
Originally Posted by ohiovol
That is about all I know. Any other info?

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
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  #8  
Old 06-06-2007, 04:00 PM
ohiovol
 
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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.
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  #9  
Old 06-06-2007, 06:24 PM
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phystech phystech is offline
Narragansett Park
 
Join Date: Mar 2007
Posts: 556
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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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