About 5 years ago my dad bought a horse farm in northern Ohio, but hasn’t really done much to it in years, it just sits there. It has i think 2 barns with stalls (not sure how many stalls) about 3 or 4 different pastures, and a big oval track to ride on, the farm is about 32 acres total. To put it directly, i know NOTHING about horses at all. I’ve never owned a horse or really been around them much other than friends that have them. The question(s) i want to know are:
-We want to have people keep their horses here and use the facility, but we don’t live there and don’t plan on taking care of people’s horses. Can you charge people just to let them keep their horses there and use anything they want thats there, but they have to provide all their own food, hay, equipment etc and take complete care of their own horses? If so, what are reasonable costs for that? Or will people only keep their horses there if you provide food and hay and supplies?
-What kind of things do people look for when keeping their horses somewhere? Such as a barn, track, pastures etc. What are the more important things and less important things?
Any additional information for somebody wanting to get into running a horse farm would be greatly appreciated, I don’t mean to offend anybody with my lack of knowledge, just curious how profitable this could be. Thanks!