Originally Posted by
chaka
looking for
1) anyone have current/past experience with Drawing Away Stable?
and
2) thoughts on their partnership investment process
they are only claiming horses20k up to 100k minimum investment is 5%
if a horse was claimed for 20k and u want 5% you owe 1000 plus 15% of the 1000 for total of 1150$.
no more cash calls ever. trainer covers everything transportation, meds, vet, training etc
returns on horse earnings. 65% to trainer 35% split amongst investors
so if a horse earned 50k. trainer keeps 32,500 and our 5 % would be off $17500 or $875
seems like a way for a beginner like myself to get into and be a part of the game with very low downside from minimal one time investment.
advice, comments appreciated if anyone has experiences with other partnerships please share your experiences