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 Elite Veteran
Posts: 725
  
| I've decided to get some project colts as a winter side-job, to make a little cash. I did that this spring, and bought a running bred colt, rode it for 60 days and tripled my money. I don't start colts, but I will take them from 30 days and "finish them" Which option do you think would be the most beneficial. My spending budget to buy the colts is $5,000. And I will have them for 2 up to 6 months
Option A
Buy 2-5 cheaper, cow-bred/ranch-bred horses ($500-$1200)
Get them fancy broke/ sliding stop, spin, etc. Start them as a roping horse on the dummy
Option B
Buy 2 decent bred colts with barrel potential (up to $2,500ish)
Get them well broke, patterned, maybe haul if they're ready
Option C
Buy a Fancy Papered Barrel Prospect (up to $5000)
Get it well broke, patterned, haul
(My last project was a very rough looking Special Effort/Dash For Cash for $1,500, I always try and find the skinny/cheap, well bred ones)
Also I would love any advice/tips, thanks |
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 Expert
Posts: 1631
Location: Somewhere around here | I think it might help looking at where you live and what people are most into. If you lived by me then option A would be the best but if I lived by Denver then I'd go with option B or C. |
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 Miss Laundry Misshap
Posts: 5271
| You could take the cowbreds and throw a rope on them as well as start them on the pattern. That might be your best bet because there are lots of people that can't afford the name brand barrel horse lines. |
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 Expert
Posts: 2097
Location: Deep South | So you're looking at spending $5k on the purchase price anyway you slice it. Are you willing/able to feed and care for several more versus just one more? How many does your budget allow for hay/feed/shots/farrier/de-wormer/etc on a month to month basis?
For me personally, I would go with option B, buy 2. Because, I 1) don't like to put all my eggs in one basket lol! 2) I can't afford to add several projects to my feed bill and 3) I don't have time to ride that many when I get off work. But two I can handle.
Also, I do option B fairly often and it's worked out well for me. :)
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Married to a Louie Lover
Posts: 3303
| You go with B. Tell me where you're finding decent cowbreds for the $$ you listed and I'll go with A. |
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  Neat Freak
Posts: 11216
Location: Wonderful Wyoming | A or B. There is always a market for B. Pretty much anywhere especially if they have color. You can buy them cheaper and end up with a super nice riding horse for any descipline. Option B is great but you have more money into them and will need more for profit-so you will be marketing to a smaller crowd IMO. |
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