How to own a Green Tree Python

[peterjohnson64]

There is a lot of talk about GTP's at the moment with Ultimate Reptiles selling their hatchlings for $7,700 each. Not a bad earn when you have 12 hatchlings. Thats about $100,000.

Wouldn't it be

a. wonderful to even own a GTP and
b. even better to make money out of them.

The only problems are.

1. If you only buy 1 you have little chance of breeding it (duh!).
2. if you buy 2 you have to be lucky to get a pair and then at $15,400

You really need to buy 3 or even 4 to have any chance of breeding them in the future and that means $30,000. So how do you get there?

Possible Solution: GTP Syndicate.

Why not get 4 people to buy one hatchling each. There is your 4. You all share the risk and the return. You dont lose out if yours dies or turns out the wrong sex. They are bought as a partnership. Perhaps even keep them together in a neutral place (Reptile Park for example). In a few years you should manage to have a breeding pair between the 4.

Get them to breed and share in the proceeds. There should be enough to

1.Pay back your initial investment and
2. Give you a breeding pair of your own.

I don't know much about snakes but I have put together some VERY profitable property syndicates over the past years for people who couldn't have invested on their own. I reckon these could work the same.

Just a thought.

Now attack me.

Johnno

[basketcase]

what a great idea.

[farmdog]

can you find 3 others that share the same Idea? can you be sure that no one will back out, get greedy so on, as it says money makes ppl do strange thing.

[olive]

would u do it peter?

[peterjohnson64]

Yes, I am certainly in. Does anyone know Al Mucci well enough to score the Reptile Park as a house?

[SLACkra]

i wouldn't touch that idea with a 10ft pole.

hell for example at horticulture class(bludgy fill in class) we sold some of our plants we had grown. there was this massive thing about who gets what proffits. so flamin annoying. money turns people mad in those sorts of situations.

you would almost have to write up a contract for that to work. state that the proceeds of selling the hatchlings gets equally split up between the 4 people. also the 4 people before hand would have to each fork out enough money for 1 snake, husbandry/housing equitment(heating light etc), feeding and the cost of the incubator.

also there would no doupt be a fight on i spent the most time or i worked the hardest i deserve more than 1/4 of the profits etc etc.

my 2 cents.

[hugsta]

I'd be in it......now where did I put that spare $7,700....;-)

[Splitmore]

Peter,
there are many people in syndicates with greens, actually the original breeders were aquired by a syndicate. A very good idea as they aren't a species you can just buy a pair of hatchlings and expect them to breed. The more animals you have the better your chances of breeding them and yes, making a tidy profit

[dpeica]

People can't be trusted..

[munkee]

Whats to stop each person keeping their one python at their house and return for the breeding season? I would have to think that the people would be very good friends. The idea has merit though but even one baby at 7,700 is expensive for many.
Essentially you are suggesting a variant of the breeding loan. A very good idea methinks.

A word of caution, friendships have been broken over less. Perhaps a legal documenting of the agreement would be a thought? As yet I'm still well away from affording womas let alone GTPs. Best of luck to any who follow the endeavor. I may be a customer in the future!

[hugsta]

People can't be trusted..

I can David, I'll look after the greens if you buy them OK.....;-)

[MrBredli]

Would definately need a written contract..

[olive]

where abouts u from peter?

[JandC_Reptiles]

I have had the exact same thoughts in the past, but finding a few others who you know & trust & then actually influencing them is a feat in its own.

[peterjohnson64]

I am from Narellan. Its funny how everyone talks about the money thing. I guess you would need to prove experience in these things to be allowed in the syndicate. The property ones I organise involve millions of dollars (anyone local to Narellan seen Camden Acres) and people manage to not kill each other there. Yes, they certainly do involve contracts and probably even taxation arrangements (yes, we would get the GST back on all our costs). I am not happy with people keeping them at home but will welcome discussions with prospective investors - I am not an expert and probably wouldn't have confidence in myself. I see this as less risky than investing in wine or art. I might even get my super fund to do it.