THE STABLE RETURN ON INVESTMENT

[Sweet]

Wasn't Trigger forming a group a while back?
With a "clean" trainer or some other whimsical fantasy?

Maybe an idea that goes nowhere maybe something that gets developed.

Why be nasty and cynical, that's what we do talk stuff out.

By myself I couldn't do it better than AMac, but with a team, capital, hell yeh.  No 13% avg @sshole will ever be cherry picking and driving and or assigning the equine investments for drives.

That's for damn sure that would pass unanimously.

[titans1127]

Every time I have considered buying into a horse with The Stable, I always change my mind after I realize how risky it is to have AMac driving when the big money is on the line.

[ECU Pirate]

I've been working with VIP Stable for over 2 years and now I'm up to around 10 horses owning 5% on most.  1% isn't enough for me but 5% feels like I have skin in the game.  I've owned as much as 14% of a horse and that was a great ride when he was racing well.  You definitely can't expect to make money but it sure is nice when you do receive an ACH payment.  VIP has bottom claimer horses (I avoid them at all costs after I bought in big on 1 and he was injured and retired after 1 start) all the way up to top level invitational horses with some young sire stake horses.  I've certainly had fun and I currently own some high level horses that I probably overpaid on and some I got cheap during their owner auctions where owners can sell their shares to the highest bidder.

Bills are as expected with the occasional shock vet bill but you pay 100% of the bills and only get 85% of the proceeds.  When you throw in shipping fees, it cuts another few points off.  Both the 2 year olds I bought in on this year have been busts so far but fingers crossed they turn it around.

[Sweet]

I've been working with VIP Stable for over 2 years and now I'm up to around 10 horses owning 5% on most.  1% isn't enough for me but 5% feels like I have skin in the game.  I've owned as much as 14% of a horse and that was a great ride when they were racing well.  You definitely can't expect to make money but it sure is nice when you do receive an ACH payment.  VIP has bottom claimer horses all the way up to top level invitational horses with some young sire stake horses.  I've certainly had fun and I currently own some high level horses that I overpaid and some I got cheap during their owner auctions where owners can sell their shares to the highest bidder.

Bills are as expected with the occasional shock vet bill but you pay 100% of the bills and only get 85% of the proceeds.  When you throw in shipping fees, it cuts another few points off.  Both the 2 years I bought in on have been busts so far but fingers crossed they turn it around.

Hope you have a winning year!

A superstar, with a big cash windfall happens too, occasionally, hope it happens for you too.

I'd be interested if the vet is a paid employee, and if not, why.  That caps their earnings.

If any of these syndicates are excellent, show a year after year +roi, there is a waiting list to get in.

This is a sidestep of gambling, depending how good or lucky makes your wealth and your experience.  This adds an element because you own something, can be sold, bred, straight up wagerers do not, they also don't get vet bills which is the bogey.

This like anyth

[ECU Pirate]

Before VIP, I got my start in fractional ownership with Stake Your Claim Stable in the early 2000's.  Old school way of doing things with everything done on paper and snail mailed and no website, just a phone number to call to get a voicemail update of race results and entries.  Does anyone know what happened to them?  I went back probably 10 years ago looking for them and you can't find anything on SYC or the owners.  Did they just fold and divest or did something happen?

[dougie]

I've been working with VIP Stable for over 2 years and now I'm up to around 10 horses owning 5% on most.  1% isn't enough for me but 5% feels like I have skin in the game.  I've owned as much as 14% of a horse and that was a great ride when they were racing well.  You definitely can't expect to make money but it sure is nice when you do receive an ACH payment.  VIP has bottom claimer horses all the way up to top level invitational horses with some young sire stake horses.  I've certainly had fun and I currently own some high level horses that I overpaid and some I got cheap during their owner auctions where owners can sell their shares to the highest bidder.

Bills are as expected with the occasional shock vet bill but you pay 100% of the bills and only get 85% of the proceeds.  When you throw in shipping fees, it cuts another few points off.  Both the 2 years I bought in on have been busts so far but fingers crossed they turn it around.

Thank you so much for that honest appraisal of VIP Stables horse partnership. I have heard some negative comments on here over the years, but I never read such an insightful in-depth look at what they have to offer. I have a friend who's thinking about it for a long time now. He hasn't pulled the "trigger yet", but I showed him your post. Good luck and continued success with VIP.

[Brown jug]

there is only one person at the stable making money
take a guess ??

[Dingus]

I've been working with VIP Stable for over 2 years and now I'm up to around 10 horses owning 5% on most.  1% isn't enough for me but 5% feels like I have skin in the game.  I've owned as much as 14% of a horse and that was a great ride when he was racing well.  You definitely can't expect to make money but it sure is nice when you do receive an ACH payment.  VIP has bottom claimer horses (I avoid them at all costs after I bought in big on 1 and he was injured and retired after 1 start) all the way up to top level invitational horses with some young sire stake horses.  I've certainly had fun and I currently own some high level horses that I probably overpaid on and some I got cheap during their owner auctions where owners can sell their shares to the highest bidder.

Bills are as expected with the occasional shock vet bill but you pay 100% of the bills and only get 85% of the proceeds.  When you throw in shipping fees, it cuts another few points off.  Both the 2 year olds I bought in on this year have been busts so far but fingers crossed they turn it around.

Here’s an email I got about 10 years ago, when with VIP:

The billing we do is not at all like billing you would receive as the owner of your own horse!  Given you have some horses on your own, you do have some level of understanding that our other Partners might not.... BUT, keep in mind that billing an individual owner is NOT the same as our Partnership billing.  To bill as many as 100 horses and 200 partners, we must standardize our bills or we would never got bills to Partners on time!

You ask about shipping charges....In order to to get our billing out on a timely basis, we generally charge the same for each trip.  There may be times when the charges are less when more than one of VIP's horse's ship together, but there are also times when the actual charges are more because we ship with a private shipper instead of the trainer.

You also asked about vet charges on trainer's bill.  The September bill from John Butenschoen is attached.  Some of our trainers have such costs, some don't.

Best Regards,
Ed


And my response after getting the trainer’s bill:

Thank you for sending me JB's training bill.

Please explain how the vet charges and equipment purchases of $443 and $51 (total $494) were charged twice.
They were already included in the $2,200 training bill in line 1 and then again in line 2 as a separate item.

Per what you sent me, John's training bill is $55/day x 30 or 31 days, plus $75 in WC. 
This amounts to $1725 for Sept and $1780 for Oct.
Yet the invoices show $2200.

If this has been going on month after month, then we have a serious situation of double billing here.