It’s one of the most frequently asked questions we receive and for good reason. Understanding the risks and exposure is important when evaluating any investment. Owning a share in an LRF horse racing partnership comes with two expenditures. The initial share price to purchase the horse and upkeep/expenses. All partners pay all expenses from “Day 1”, no matter when you purchased your share of the racehorse. While this may seem like a daunting task, with LRF’s customer service, we make it easy.
On average, we budget $60,000 a year in expenses for each horse. Therefore, a 5% share of an LRF racehorse costs the investor $3,000 or - since we bill quarterly - $750 each quarter. LRF does not mark-up expenses or receive a monthly management fee.