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Old Dec 28th 2013, 08:58 PM   #1
 R&J Whitetails's Avatar
 
  Jan 2013
  Cando, ND
Hey everyone I'm getting my first 3 bred doe in the next week and I've talked my mom into investing into one deer but don't know how to go about figuring out a fair way for both of us to make money at it. Would I let her take 1st pick at the fawns this spring and then I get 1st pick the following yr? I'm just charging her for feed and any meds. How do people do it with a investor? Thanks
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Old Dec 29th 2013, 07:21 AM   #2
 IndependenceRanch's Avatar
 
  Apr 2009
  Edgar, WI

Cervid: deer
The way I always did partnerships on animals was like this.

If you share 50-50 an adult doe. You share in the cost of breeding her. If it's done by AI you share the cost of semen and as in any costs you share the costs of doing the AI. Live breeding usually a cost is not charged to the other person.

The offspring from that doe is then shared such as this. If two doe fawns are born you each own one outright. Set a date ahead of time when that starts such as Sept 1. Otherwise if it is too early odds are more likely a fawn could die screwing over one person. Better to set a date towards fall when the fawns are more likely to survive.

Any odd number of doe fawns are shared equally between both parties. Of course one party can buy out the others share if both agree on a sale price.

Any buck fawns stay owned 50-50. This was always due to the idea a buck can create semen sales and don't reproduce offspring like a doe does. Again one party can buy the other out if agreed on a sale price.

The trick is to not accumulate too many does that you are partnered on. I suggest that if you share equally offspring you then sell the mother.

Always be fair to yourself with the costs. Don't always assume the expenses and not share them with the partner. That is where I messed up by being to nice to the partners. Split the costs equally and fairly.
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Old Dec 29th 2013, 10:03 AM   #3
 R&J Whitetails's Avatar
 
  Jan 2013
  Cando, ND
Hey thanks I would like to hear some other opinions from anyone else.
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Old Dec 29th 2013, 10:47 AM   #4
 Show Me Racks's Avatar
 
  Aug 2012
  Billings, MO
I think Roger hit the nail on the head. When I started I partnered on 4 does with my brother in law. He had about 30 head at the time. It was hard to keep track of the way we did it. Every fawn was 50/50. I eventually added to the herd until we were even and are partners on the whole herd. Good luck to you.
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Old Jan 11th 2014, 09:32 PM   #5
 
  Jul 2010
  Broken Bow Okla


We are coming up on our 5th year in the deer industry and I will say that we independently own our farm out right and are just about to start seeing a small amount of income and that's possibly not even breaking even on our start up costs for facility, fence, water systems feeders, feed supplements, medications, State fees & Ag required testing, AI charges, Semen purchased, Dart gun, hay, pesticides, fogger, automatic spray system, oh and Deer purchases! lol!


*


It may take a while to start seeing much income. This industry takes a lot more money to get started, loads of praying, possibly a mixture of regretting, lots of*sweating, more money,*praying harder & then if at that point you still have all of your hair you begin to see a slight sign of income! lol! Welcome to the Deer Industry!


*Shanna W.
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Old Jan 13th 2014, 02:42 PM   #6
 R&J Whitetails's Avatar
 
  Jan 2013
  Cando, ND
I don't have hair lol
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Old Jan 19th 2014, 02:54 PM   #7
 
  Aug 2009
  Everett, PA


I suggest ask the Lord not man and hear what He has to say. If you do not get an answer divide all expenses, profits and losses by the percentage each invested in deer.


And remember by your own words you said: you talked your mom into this. If it doesn't,t work out*focus on the relationship over being right or fair. A person can have many partnerships but you will only have one mother who loves you enough to talk her into this. wisdom
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