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Forums > The Paddock
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Ranch March 28, 2020 12:27 PM


Ponys Imagination
 
Posts: 9587
#603576
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It's good that you're waiting. Jumping into these things is disastrous and irresponsible in some ways. Again, one horse to start, possibly boarding it so it's not alone, and after you have finished school and have a set life plan :)
Ranch March 28, 2020 12:30 PM


Lucky Ranch
 
Posts: 10766
#603582
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tangle
that 200k is being split into different parts.
some will go to medical care. some of it will go to housing/property. and some will go to animals and tack. lol what im trying to say is im not going to spend all my money and then not have any for medical care
Ranch March 28, 2020 08:09 PM

Former Stable
 
Posts: 0
#604048
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What horses are you going to look for. For example; kids horses, ranch horses, green, or fully free.
Ranch March 28, 2020 08:28 PM


Moonglade Manor
 
Posts: 1709
#604072
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I doubt the property will cost 800k. The average value per acre in Oregon is 6500, which is pretty cheap. That theme 25 is 162500 and I doubt a deal would get that good so your looking at 170-220k for the property. To build a house and wire it and connect it to a water system probably tops on 300-400k so the property will cost anywhere between 500+ k meaning you will still have quite a lot. This is just the average in Oregon but elsewhere in the states is double that for each acre. (I'm not sure why but land is cheaper in Oregon)
:)
Ranch March 29, 2020 12:01 AM


Holly Hill Farm
 
Posts: 2695
#604258
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So from my understanding you are an unemployed high school student with no exact plans for college building up this "plan" to spend a million dollars and have horses. This is way to far fetched. I'd like to know how you have 200k saved up without a paying job
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Idle Lane is making a MAJOR point as well. Emergency medical bills, feed bills, the expenses of tack, supplements, training etc... That thousands of dollars a year on ONE horse. As we speak one of my horses racked up a vet bill over $1000 because she cut a huge hole in her foot. One night. The next morning we're sitting at the vets wondering how the hell it's going to get paid. My parents (I'm still a student, 17 in my final year of high school) have full time well paying jobs, they pick up extra shifts and do off duty work to be able to pay the house and horse expenses and we still struggle. I have a paying job in retail and riding horses. I make more than fair money doing both but I know I still can't go out and buy a 800k+ property and house 6 horses. I have college to think about, I'll have to start paying for my horses, I have a car payment and insurance that's just the big things.
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I know you have this plan but you have to be realistic. Can you drop $500+ at the drop of a hat? Do you have a well paying job? Can you support yourself and the animals? I'm sorry to say but you can't rely on your parents money forever. It's great to have goals but at this point your plan doesn't even make sense. There are always underlying expenses that will arise and you have to be ready for them. Money can't just be thrown around.
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Also, your horse experience. If you've been working with horses for only 3 years don't get a mustang straight out of the wild. My 12 years of riding and training never prepared me for my first time training and breaking a mustang. It's way more difficult than it sounds or how the fancy trainers make it look. I know one of the most famous mustang trainers in the US, Tom Hagwood. He will tell you that it's a hard business. It's a commitment. It's a passion and a desire. Please don't try to get a fresh mustang from the BLM. You lack experience. If you are doing volunteer work I'm positive it's all with handled horses in training or trained. It's a liability to let volunteers work with wild horses. Get a seasoned, trained horse that you can learn on. Take lessons. Get experience. Don't jump into a situation you know nothing about just because you think you know exactly what your doing.
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Think about the specifics and be wise
Ranch March 29, 2020 12:26 AM

Former Stable
 
Posts: 0
#604283
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Oooh! My turn!!
I also have some questions for you concerning this "ranch" idea.
You need to map out your money and keep it coming in. You cannot simply save up eight hundred thousand or so from a part-time or summer job, as you seem to still be in school. Whatever breed of horse you choose to get does not matter nearly as much as what you can do to support that horse, or as your plan seems to be moving, up to six living creatures. Quite frankly, your economics are all over the place. You seem to be solely relying on your previously obtained two hundred thousand, financial aid from your mother out of her own will and/or kindness, and some child care and "promises" from your father. I understand that no one should ever overstep and judge your family life, but I know that a living, breathing, 1.5 thousand poud animal cannot survive off of promises. Especially if you have several of them seemingly without any previous leasing/owning experience. And that brings me to your experience. I have read this forum thoroughly, and all I can find of your prior horsemanship experience is three years with BLM mustangs. I can confirm that they are not easy to work with by any means necessary, but three years? It is not a short amount of time per say, but it is not enough to begin a new chapter and build a ranch up that would house multiple equines, even if there is a trainer involved. I can assure you, trainers are expensive and they do not have the time to stick around 24/7 to help or supervise you.
In all, you need to 1) Build a stable economic plan and find any way to keep money flowing. I do not mean for you to get a full time job. A ranch is a full time job. No matter how much you save up, you need to be recieving income somehow. Perhaps consider this for after you marry if you choose to? 2) You need more experience. I understand BLM Mustangs are a piece of work, but you need at least six years of daily experience to be able to do that without supervision. I would recommend more. You need to shadow others, learn about veterinary care, equine dental care, and ferriers. You need to find equine shops and services near you and learn. Write down numbers, look at pricing, and work it all in. On the horsemanship side of things, you need to learn to break in a horse and build a relationship of not only trust, but respect. You need to muck, rake, feed, and water animals daily to get into a routine if you wish to care for up to six, or just one. You need to learn to give mdication to an animal. Sedatives, ulcer medication, crushable pills, supplements, you name it. This will all be your responsibility wen you are on your own with these animals.
Here is a list of everything you must factor in:
- Time. How much time will it take you to save up a desired ammount, finish school, possibly settle down, and find a paying occupation for you or your possible spouse that will give you time and proper money to care for the animals? If you somehow still wish to move soon, how will you handle the housing market and economic crash?
- Land. I am in a very central area here on the Eastern shore, so plots are ridiculously expensive. I do not know how much it is in Oregon, but I do know you need to start with your ideal amount of acres so there is no costly moving.
- Your house. If you want a house on wheels, you need to know where to find a safe provider, add a restroom, a kitchenette, and everything else you would need in a normal house. Are you sure a house on wheels would be ideal if you have a stationary barn on your property? What would the point be?
- Your barn. Will you be building a stable from scratch? Where will your tack be stored? How many stalls? Will you need an isleway? Crossties? A wash stall?
- Landscaping, fencing, arena building, etc. I can assure you that you will need to call in people to do all of this for you if you are moving into somewhere completely bare. How will you handle labor costs? Will you be providing materials for these aspects? If not, who will?
- Horse feed and watering.
- Horse tack.
- Horse trailering. Will you buy a trailer? If you want to rent one, where can you get one from? How much do they charge per mile? Will you have to handle gasoline costs?
- A big one: Horse medicine and emergency care. I do not care what priorities you have for your ranch, emergency care and medical assistance funds should never be spent. Lock up this money! You cannot spend any this money on something like a bedazzled saddle horn, or up to another animal. If your horse gets horribly lame or grows an absess the size of a grapefruit, you need to call help. Budget aside, this is an absolute necessity.
This is just the start of it, but I believe this is all I can write right now, I am very tired. Good luck to you and your dream, I did not want to come off as harsh but it needed to be laid down. ;)
Ranch March 29, 2020 12:42 AM


Blue Moon Breeding
 
Posts: 1586
#604295
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Congrats! You are going to do.amazing if you get the property! I hope you get an Arabian lol.🐴
Ranch March 29, 2020 09:13 AM


Lucky Ranch
 
Posts: 10766
#604459
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well thanks blue moon. but from what these people are saying....i should have a mod lock this forum and delete it.
Ranch March 29, 2020 09:29 AM

Former Stable
 
Posts: 0
#604469
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I have no intent of rudeness here, Lucky!! I think it is very possible, but just perhaps later on. I understand that we all have dreams but if these things really are going to happen, it is the people who care about you and your fututre animal's well being's job to step in and make some things straight. Try to use the points that we are making, because we do not want to bash you. We just want to help. :)
Ranch March 29, 2020 09:31 AM


FirstLightFarms

Trivia Team
 
Posts: 3702
#604470
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Why? You asked for advice and you're getting it.
It's good to have a dream, and to have a big dream, but dreaming is only dreaming unless you set goals and make a plan to get there. What you want is more than possible, but there's a lot more to running a farm than you'd imagine. Which isn't a bad thing- you learn by doing! Just be ready to find out that nothing is how you'd expect it to be :)

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