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Tractor Talk Discussion Forum

O.T. Boarding horses

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Greg(Mo)

12-27-2003 17:26:12




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A Lady down the road asked if she could keep two horses on my land...They would be in about an 8 acre pasture. She would supply hay and grain (and do the feeding herself) I would supply the land and water (from my well & pump) What do you figure would be a fair price to ask? I'm in central Missouri. Also, what liabilities would I assume in doing this? Thanks




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Greg(Mo)

12-28-2003 09:45:38




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 Re: O.T. Boarding horses in reply to Greg(Mo), 12-27-2003 17:26:12  
Thanks for all the replies and good advise. I cant think of any other place where you can get so much info and experience than this site. Guess I better send Kim some money!! BTW, Old..I live between Owensville and Bland.
And L.S, the welfare/foodstamp/disability crowd around here dont drive '73 Olds wagons...they drive nicer stuff than this hard workin sob LOL



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John MI

12-28-2003 09:32:49




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 Re: O.T. Boarding horses in reply to Greg(Mo), 12-27-2003 17:26:12  
I have boarded horses on my land and leased land for boarding horses from other people. You can get simple boarding agreements in horse catalogs, If you are not using the land now it is a fairly easy way to pay the taxes and make a little money. Most boarders who feed and take care of someones horse (hay and water) get $100 to $125.00 a month here for outside boarding (not stalled). The hay alone for her to buy for 2 horses would be around $60 a month, I would charge her around $40-60 per month with out you doing anything, no feeding, she fills the water, all you do maintain the fences. One way I leased some land from a farmer friend was I paid $20 dollars per year per acre to lease his land. If you want to get into it more than follow Kyhaymans sugestions.

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kraig WY

12-28-2003 08:56:41




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 Re: O.T. Boarding horses in reply to Greg(Mo), 12-27-2003 17:26:12  
Don't know about Missouri, but Wyoming is horse country. Kind of hard to sue someone regarding horses. 1st, Wyoming law says horses are dangerous and anyone who rides on does at his/her own risk so law suits are limited. 2nd. Its an oven range state, whereas, horses (as well as cows and sheep) have the right of way and if a horse scares you off the road its your doings, however if you scare a horse or horse/rider we're talking about harassing live stoct. This place is rancher/farmer friendly. Having said that, the price varies for boarding. Pastering an animal runs between 12-20 dollars per animial per month. Could go higher depending on how much the landowner has to do. I charge $20 per month per horse and don't do nothing but keep the water full and thawed.

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Dieselrider

12-28-2003 04:32:17




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 Re: O.T. Boarding horses in reply to Greg(Mo), 12-27-2003 17:26:12  
Greg, Buck, old and kyhayman are giving you good information. There are alot of horse people out there with no room for horses and alot of them are reasonable people. As long as you cover your butt, you can do this and use it to help pay the taxes. You might want to talk to someone who is doing this already, like kyhayman or bucks neighbor, and get a copy of the legal papers they use. There are some people making good money taking care of other peoples horses. If they have a problem with the fee you ask explain about what the hay you could raise on the 8 acres is worth. As far as the legal things go, there are risks but, there are risks in every thing that's worth anything. If there were no one taking any risks where would all these fearful people work? The ones afraid to take any chances on their own? Good luck with your neighbor and I hope it all works out for you. Let us know how it goes.

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Just a thought...

12-28-2003 04:19:10




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 Re: O.T. Boarding horses in reply to Greg(Mo), 12-27-2003 17:26:12  
Instead of letting horses roam your acreage you could make a small amount of money by letting people park boats, trailers and stuff on your property. A friend of mine did this a few years ago for a guy who needed to store a boat (on a trailer) he made $100 for the winter. Handshake agreement only. So just think a few boats, or whatever could equal more $$$ then two horses. Plus boats and trailers dont leave large smelly droppings.

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hay

12-28-2003 03:22:03




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 Re: O.T. Boarding horses in reply to Greg(Mo), 12-27-2003 17:26:12  
unless you want legal problems running outta the wazoo, then stay away from a deal like that. let them buy their own land and then you and they can still be neighbors and friends. like some others said, too many problems nowadays.



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Scared of Lawyers

12-27-2003 21:49:20




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 Re: O.T. Boarding horses in reply to Greg(Mo), 12-27-2003 17:26:12  
Ain't it sad that we all have to think of legal isuues to make decisions ??? So many Sue-Happy fools out there ruin it for all of us. Several years ago, I loaned a "Friend" ???? money to keep his place from forclosure. Got a few 40 dollar payments, now he is threatening to sue me for harrassment, for asking him to pay me back..... Wish now that I had let bank have his place..... ...



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L.S.

12-27-2003 20:42:53




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 Re: O.T. Boarding horses in reply to Greg(Mo), 12-27-2003 17:26:12  
Greg:

A good attorney on retainer should only cost you about $ 25K per year. Then when one of the horses scares your neighbor's dog ( neighbor is on permanent disability) which runs across the road and causes the neigbor up the street (also on food stamps & welfare) to loose control of her 73 olds station wagon full of kids (all with welfare parents) to crash into your one rich neighbors new $ 250 K combine (and total it), and your homeowner's insurance denies total liability for any claim because you are in fact running a commercial operation with no insurance....you and your family can look forward to loosing most everything (as a result of the next 20 yrs worth of lawsuits), all for being a "nice guy". I think I would tell your prospective boarder that you don't board horses. Too much high side legal exposure for a piddling return.

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buck

12-27-2003 21:26:59




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 Re: Re: O.T. Boarding horses in reply to L.S., 12-27-2003 20:42:53  

You sure do have a way of putting a damper on a persons good will. 73 Olds wagon-no way- got to be one with the latest body style at least. 99 or maby a 98 at the oldest. What self respecting taxpayer will allow their fellowman to ride in a 73 Olds by necessity.



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buck

12-27-2003 20:11:30




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 Re: O.T. Boarding horses in reply to Greg(Mo), 12-27-2003 17:26:12  

Gosh-books could be written on this(and probably are). I keep 2 horses for other people. First get the liability issue straight with your insurance co.Have the person walk your property to see if it suits them looking for things that can damage the horse. Loose wire,barbed wire,rock,holes,type of grass,trees.etc. Will she be riding on your property and will she bring other friends to ride?Do you store the hay and feed and if she can't get there to feed do you do it and how often and at what cost.How about the vet. and furrier.If her horse looses a shoe that goes into your tractor tire who is at fault? If your land isn't producing enough grass do you buy hay and feed to cover what may be assumed that your land would produce?One horse can keep 2 acres of grass down to the ground in a good year.Do these horses have a history of chasing cattle or anything else that would limit what you can do with your land? Is providing water in cold weather a problem? Does she show the horses and will be dropping off the horses at 2 or 3 in the morning after a show? Of the 2 horses I have here 1 owner hasn't been here in 3 months and never mentions winter feed. I also have a neighbor who boards a lot of horses along with her own and said the reason her boards them is the owners don't want to deal with them on a day to day basis. Anyway this is all just food for thought as we all like to help our friends and neighbors. Now the big question is:Do you like horses? On a selfish side your 8 acres could easily produce 1600 bales of horse quality hay at at least $2.00 a bale without any livestock hassle(fences&water) so about $100.00 to $150.00 each per month should keep everyone honest. BTW I dream sometimes. Have a good one and enjoy.

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old

12-27-2003 20:10:50




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 Re: O.T. Boarding horses in reply to Greg(Mo), 12-27-2003 17:26:12  
I am also in mid Missouri and I board a horse I get $2 a day for it but I also pay for feed most people in my area, the lake of the ozarks get around $3 a day and up. As far as liabialites its up to you all you need to do is write up some thing saying its hers problem you are not going to pay for any thing that happens to them. By the way where are you in Missouri???



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kyhayman

12-27-2003 19:59:12




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 Re: O.T. Boarding horses in reply to Greg(Mo), 12-27-2003 17:26:12  
I started doing what you are talking about 6 years ago. Actually 'fell' into it. I'm in the middle of central Kentucky horse country and first rate boarding stables charge $10.00 a day and up. Outside horses on pasture with plank fence in 1 acre paddocks go for $100 per month plus feed and hay. I provide economy boarding for folks. Half my customers are young folks (teens and 20's) where cost is really a factor and a few brood mare strings for some tier 2 stables. I charge $45.00 per month for pasture and water with WIRE fence. Hay must be bought from me. Any care besides putting out the hay is their responsibility. I get a contract written by my lawyer for each boarder (I charge the boarder the $35 for this also). Contract stipulates that the owner of the horse is responsible for everything (liability, death of the horse, damages, etc all I am responsible for is maintaining the fence). It started out with 6 brood mares as collateral on a hay bill, last winter I had 99 horses for 5 different customers. Right now I've got 36.

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Ray,IN

12-27-2003 17:56:59




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 Re: O.T. Boarding horses in reply to Greg(Mo), 12-27-2003 17:26:12  
Your insurance company will likely deny any claims resulting from this business arrangement unless you notify them you are running a commerical operation. If the horses break through a fence and get hit by an auto or cut up who is responsible? If they get foundered who is liable?



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Van(WA)

12-27-2003 17:52:57




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 Re: O.T. Boarding horses in reply to Greg(Mo), 12-27-2003 17:26:12  
Greg; In this area, $30. to $75. per month per horse. Depends a lot on your set-up, do you have a barn for hay storage, and a covered area for them? As far as liabilities, get her to sign a waver on this.



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