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The Position Report

Bob Preston, Robert Preston

Every week, Bob Preston reports his position–where he's deploying capital, what he's building, and lessons learned running a vertically integrated $100MM+ RV park platform. From the trenches, not the guru stage.

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Substack
PricingOnly free issuesPublishesWeekly
Issues18Founded6 months agoLast Issue32 hours ago
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Latest Issues

The deal closed. The next morning taught me more.

There's an old tractor on my dad's farm in western New York. An International 1466, the type you drive with your whole body. Operating it feels like it could be an X Games event.

I drove it in high school, mowing hay for another farmer. Th...

32 hours ago
1

AI isn't an app. It's closer to electricity.

Thanks for reading The Position Report! Subscribe for free to receive new posts and support my work.

Someone in an AI session at the TACO trade show a couple months back raised his hand and asked where he could buy the AI software.

The ro...

23 days ago

What your management company says when you're not in the room

A client of ours owns multiple parks under one brand.

Three of them transitioned to our management last quarter. The rest are still run by the management company that lost the other three. He wanted a read on the parks we don’t manage.

So...

a month ago
5

What you should actually hire when you hire a management company

Recently, a client called and asked if I’d come to a meeting with his bank. It was the kind of meeting about a loan that could determine an asset’s future. He wanted us sitting on his side of the table.

I’ve been at this long enough to kno...

2 months ago
5

Properties don't decline overnight. They decline by inches at a time.

I toured a property last week for an ownership group.

Beautiful lakefront. The kind of asset that, on paper, would make anyone with capital lean forward.

Thirty minutes in, I realized the most important thing I was seeing wasn’t the condi...

2 months ago
1

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  • Bob Preston
  • Robert Preston
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