It's easy to compliment businesses and people when things are going well, but the true test of any business is when things out of their control go wrong. Are things swept under the rug? Are those phone calls you used to get weekly now monthly or nothing? Like I said; good times = good communication, bad times = test of the business.
I bring this up, because I'm super excited to get back into the business of horse ownership with That's Amore Stable. Our last horse, Higher Authority, was euthanized after complications arose from an ankle surgery. You'd think I'd want nothing to do with horse ownership or That's Amore. It's a 180 from the truth. I could be bitter and pissed off, but I'm not for 1 important reason. I was well informed.
Frank at That's Amore on every phone call and email from the start is always more than cautious about talking about future prospects. After Higher Authority got ill i was even better informed. His calls were honest, up front, and to the point. I hoped HA would get better, but I knew what she was up against. Because of that I want another chance. And I want one with That's Amore.
That's Amore is possibly starting a new syndicate, and the way it's going to be done could be very interesting for you pedigree fans. The plan is to take X dollars to the yearling sale at Timonium (Afleet Alex was bought here for 75k), buy a horse and have some fun. That's the plan as Frank would lay out, but there are a few extras I'd like to share with you.
Shares will be between $3,000 and $6,000 for 5 or 10% of the horse. That price will most likely include all the costs for getting our filly to a race track this summer, so you don't get a bill during the months where not too much is happening, all you'll get is photos and updates. Frank also told me there will be no markup on the horse, that he will only take a $1,000/month for a management fee, which is a steal, and shows how much joy he gets out of owning horses.
The Timonium sale is Oct 4-5th so if you're interested in this partnership you have the ability to get your voice heard on what filly is bought. Obviously Frank will make the final decision on what horse and what to bid, but the guy listens to opinions. And is open to all good info out there.
This is where it gets fun for you pedigree buffs. I've taken the sale and put the excel sheet online so that anyone can edit it. I've also added a column for the truenick grade, and added a few notes myself. You can edit this sheet as you see fit, don't delete any info, just add to it please, and please be kind to others opinions and the horses themselves, someone loves them.
What That's Amore is looking for: A filly whose parents RAN well or whose siblings have started more than a few times. Don't expect to find Ghostzapper at this sale, look for what you think could be a hard knocker.
So, if you're interested in helping pick out a horse at Timonium give That's Amore a call or drop them an email as they need to know interest for this venture, then head over to the sheet and start looking. (In my head we get a lot of people interested and can buy a sales topper who goes on to have a career like Rachel Alexandra, but Frank wouldn't want me to say that).
Email That's Amore and tell them you're interested:
You can call them at 202-253-1048.
Or email them : info [at] thatsamorestable.net
Who wouldn't want to own a horse with me?
A little update: The shares will be priced at $2500 & $5000, it's correct to think you won't know you're exact share until all the collections have been made, but you will be treated like a 100% owner, I can assure you that.
Update 2 No management fee and no markup. It'll be a $5000 one-time commission/fee that will be billed over four months, and then a 5 percent income interest. |
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