Logical to lease a horse property?
 
 

       The Horse Forum > Barns, Boarding, and Farms > Barn Maintenance

Logical to lease a horse property?

This is a discussion on Logical to lease a horse property? within the Barn Maintenance forums, part of the Barns, Boarding, and Farms category
  • Wanted house to rent wth barn for horses
  • Craiglist leasing land

 
LinkBack Thread Tools
    02-06-2011, 08:52 PM
  #1
Foal
Logical to lease a horse property?

Hi everyone. So initially, my family wanted to buy a property and build off from there but honestly, at the moment it wouldnt help considering it would be a primarily private property with no additional outside income.

Anyways, a property about 10.5 miles from my house was posted on craigslist and I am partially familiar with the place. It's $600 per month and has a 4 stall barn, some pastures, AND we are free to use the anemities of the main property (indoor and outdoor rings.)

Do you think it would be logical to do this until we can afford our own property? Is it a good price to lease this property for what it offers? Also has a tack room but I don't think they are associated with jumping at all which would be a problem for me, but I bet it can be resolved.

Also - I know it would be hard to start at first, but after a while I would probably be traveling to auctions and collecting good horses with good potential and retraining them. Once ready, I would find them great new homes which would also help pay for the barn and maybe even school (although im sure i'll get a scholarship if I keep going at the rate I am!)
     
Sponsored Links
Advertisement
 
    02-07-2011, 04:12 AM
  #2
Weanling
Quote:
Originally Posted by victorialicious7    
Hi everyone. So initially, my family wanted to buy a property and build off from there but honestly, at the moment it wouldnt help considering it would be a primarily private property with no additional outside income.

Anyways, a property about 10.5 miles from my house was posted on craigslist and I am partially familiar with the place. It's $600 per month and has a 4 stall barn, some pastures, AND we are free to use the anemities of the main property (indoor and outdoor rings.)

Do you think it would be logical to do this until we can afford our own property? Is it a good price to lease this property for what it offers? Also has a tack room but I don't think they are associated with jumping at all which would be a problem for me, but I bet it can be resolved.

Also - I know it would be hard to start at first, but after a while I would probably be traveling to auctions and collecting good horses with good potential and retraining them. Once ready, I would find them great new homes which would also help pay for the barn and maybe even school (although im sure i'll get a scholarship if I keep going at the rate I am!)
Sounds good if you can afford it and can avoid the temptation that it brings. I was paying $200 a month 2 stalls for my 2 horses at a barn. I just leased a pasture for $300 a month, and it's really tempting to get more horses now since the price is the same.
     
    02-07-2011, 04:04 PM
  #3
Foal
I feel like its a great oppertunity and it came after so much looking and trying so hard to get our own property.. This way, at first we definitely WONT be making money but if things went right, we could make an additional $5,000 + per year as long as training and whatnot went right.. I would just probably would have to get someone to feed for me but I bet I could work that off.

Additional comments/opinions would really be great! :)
     
    02-07-2011, 04:10 PM
  #4
Banned
Will you be required to carry your own liability insurance covering the land owner? Will there be other horse owners using other parts of the property? Does the lease include usage of tools (tractor mainly) to keep the ring and such in shape? Does the lease include water and electricity and such?

$600/month for four stalls = $150/stall. That does not include any of the feed or bedding.

Will you be able to make it there every day, twice per day, no matter what?
     
    02-07-2011, 04:27 PM
  #5
Foal
Leasing land

Yeah Hi:
I lease some of my ranch off to horses,, 173 acres,, fenced, x fenced,,, no buildings or corals,, lots of water though, and real good combination of fields and forest, I'm @ $10.00 a head per month, that's the same price for a mare and off spring too,, even then for some the price is a little high,,, Some of my neighbours are double what I am in their fees,,,
Thing is though,,, time and travel,,, to the land,, and then at the end of the day all a person really is doing is paying rent instead of a mortage,,,,

I care more for the horses and the availibity of the owners to follow up on their horses and training than the money end of it,,, but the price I charge goes back to the land for plowing and re-seeding, fencing,, etc,,,, It's close in funds either way at that cost ,, but I figgure that the owner has a bit more in their pocket to put to fuel and more visits out,,
Hard call ,, really though it's what you want/need and/or can afford,,
Just a word though,, be sure about any type contract that might . Or might not be involved
     
    02-07-2011, 06:07 PM
  #6
Foal
I'm not sure about the insurance - it would have to be something we discuss with the owner if we decide its a good idea.

As for the rings - they are part of the main stable (there are 3) and are used by the people who board and take lessons there so it wouldnt be MY responsibility, still the owners, and as for water and electricity, comes with the barn im pretty sure..

For bedding - I could get it from a lumber yard behind my neighborhood for a good price for sure, maybe even hay since he has cattle and horses too..

Most likely I would be going there every afternoon for the first year and someone would be hired to feed in the morning (I can do it myself in the afternoons as well as clean out stalls)
     
    02-08-2011, 09:18 AM
  #7
Banned
Run the numbers to see if it is cost affective.

If you have to pay someone to do morning feedings that is another thing to add in.

Is there some place available to you to store hay and sawdust?
     
    02-08-2011, 08:14 PM
  #8
Foal
I actually am running numbers, I'll be making an official presentation list thing to send to my dad tonight.. I am also considering working to pay off some of the dues in exchange for morning feedings if they allow that. Electricity AND water included in the price, although I think it is only 1 pasture. Also, I figured out that hay around here can range from $2 - 7 per bale, but generally on the lower side which is also a bonus!

I will probably be looking at the place soon if we end up concluding that the numbers will be worth it in the end but I am sure there is.
     

Quick Reply
Please help keep the Horse Forum enjoyable by reporting rude posts.
Message:
Options

Register Now

In order to be able to post messages on the The Horse Forum forums, you must first register.

Already have a Horse Forum account?
Members are allowed only one account per person at the Horse Forum, so if you've made an account here in the past you'll need to continue using that account. Please do not create a new account or you may lose access to the Horse Forum. If you need help recovering your existing account, please Contact Us. We'll be glad to help!

New to the Horse Forum?
Please choose a username you will be satisfied with using for the duration of your membership at the Horse Forum. We do not change members' usernames upon request because that would make it difficult for everyone to keep track of who is who on the forum. For that reason, please do not incorporate your horse's name into your username so that you are not stuck with a username related to a horse you may no longer have some day, or use any other username you may no longer identify with or care for in the future.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.


Old Thread Warning
This thread is more than 90 days old. When a thread is this old, it is often better to start a new thread rather than post to it. However, If you feel you have something of value to add to this particular thread, you can do so by checking the box below before submitting your post.

Thread Tools

Similar Threads
Thread Thread Starter Forum Replies Last Post
anyone fall in love with a horse boarded on their property, and want to keep it? dirtymartini Horse Boarding 17 01-03-2011 08:31 AM
Lets see pics of your horse property! paintsrule Horse Talk 8 11-07-2009 01:39 PM
Question: When your horse damages the property? AussieDaisyGirl Barn Maintenance 11 10-26-2009 04:24 PM
Perfect Horse Property Available Genearant Horses for Sale 4 02-16-2009 04:54 PM
Horse Property near Calgary $725000 blackarab Tack and Equipment Classifieds 0 11-14-2008 05:51 PM



All times are GMT -4. The time now is 02:47 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.6.0