Leos breed once per year.
If you buy one albino male and one albino female, you can breed them and incubate for female, and save some of the offspring to breed back to the male when they are sexually mature. If you have money to buy more than one leo, I would suggest putting it into increasing the quality of your original breeding pair (e.g. a tangerine albino male, or striped albino male, and a regular albino female). You can always sell or trade the offpsring the following year to help fund the next steps in your breeding plan.
To increase genetic diversity, you can trade geckos with someone else, and you may want to consider outcrossing into a completely unrelated morph, and create hets, breed back to eachother (brothers and sisters to hopefully get a couple animals which are hetero for both traits. Or you can breed out into a less predictable selectively bred morph, and breed back to father for albino w/ some of that trait.
I have been breeding for two years, this is my first year selling, and so far I have spent way more on animals, housing, equiptment, electricity, food, vet care, marketing, etc...not to mention time, than I have made, but selling *does* offset the cost of the hobby. I breed relatively high-end animals, but my stock costs and housing/feeding costs are very high as I house many animals individually and feed a diverse and often expensive diet to my animals, as well as vet care when needed. As others have said, only get into breeding for the hobby because you love it, and breed what you love, what you personally think is beautiful. At minimum, you should be able to help pay for the cost of your hobby. I personally feel it is easier to help sell your animals and recoup some of your costs (housing, food, electricity, etc..) if you breed higher end animals, staying on the cutting edge of leo morphs, and that you have more assurance that people will treat the animals you sell them well. I believe a $150 animal on average recieves better care than a $10 animal, some people feel a $100 vet visit for a $10 animal is "not worth it" and they tend to view such animals as disposable, while with a gecko that costs more money,I think people tend to see proper care, including sometimes expensive vet care, as worth it considering what they paid. This is part of the reason I prefer to work with "higher-end" animals, I feel more assured that the people I sell to will "protect their investment" and provide good care. I raise each of my geckos seperately or in clutch pairs, and provide a great deal of very in-depth care for each one...what happens to them after I sell them is important to me. I personally would not want to breed if I felt that frequently the animals I raised with such loving care were being neglected and abused. I do think this happens frequently with "cheap" petstore leos. Of course SOME people who buy cheap leos provide EXCELLENT care for them despite the low cost of the animals and the high cost of vet care, but one can't easily predict who those people will be.
Most of the animals I produce sell for between $150 and $200, though a number of animals fall significantly both above and below that range.
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Sarah Stettler aka Starling
Sarah@stargecko.com
StarGecko.Com COMING SOON! Star Quality Leopard Geckos
Specializing in Hypotangerine Tremper Albinos