JF3604: Marine Corps Pilot to 17 RV Parks, Managing Occupancy Rates, and Strategic Acquisitions ft. Robert Preston

The Best Ever CRE Show

Best Ever CRE

Realestatepodcast, Entrepreneurship, Business, Realestate, Investing, Realestateinvesting, Realestateinvestingpodcast

4.8 • 983 Ratings

🗓️ 17 July 2024

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

Robert Preston, CEO of Climb Capital, focuses on RV parks, with a portfolio of 17 in the southeast. Despite decreased demand, higher rates keep revenue steady. He advises investors to be either fully passive or hands-on business owners

Robert Preston | Real Estate Background

President of Dream Outdoor Resorts
DLP Capital
Portfolio
- 13 Long Term RV Parks 4 RV Resorts 4 Apartment Complexes
Based in: Pensacola, FL
Say hi to him at:
Best Ever Book: The Bible

Sponsors:

Viking Capital

Apartments.com

Transcript

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0:13.6	Quick disclaimer the views and opinions expressed in this podcast are provided for informational purposes only and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action. For more information go to best ever show.com.
0:17.0	There's a lot of valuable things and then there's a few things that are priceless
0:21.1	and spending the time to understand what the difference
0:24.4	of priceless things are and valuable things and then making sure the good things don't
0:29.8	get in the way of the prices.
0:30.8	Welcome to the best ever show, the world's longest running daily commercial real estate
0:35.6	podcast our hosts interview commercial real estate experts every day to
0:40.4	get you the best advice ever with none of the fluffy stuff.
0:43.7	Best ever listeners.
0:44.7	Welcome to the best real estate investing advice ever show.
0:47.3	I'm Slocum Reed and today we are joined by Bob Preston.
0:51.5	Bob is joining us from Pensacola, Florida. He's the CEO of both Clim Capital and
0:56.4	unhinged outdoor hospitality management. As a real estate investor and syndicator, their
1:01.7	current focus is RV parks.
1:05.5	They own 15 parks and campgrounds with over 1,000 RV sites. And they have four apartment complexes in the portfolio as well.
1:16.0	Bob can you tell us a little bit more about your background and you're currently focused on?
1:20.0	Yeah, thanks Logan.
1:21.0	And first thank you for having me on today and for all the many
1:24.9	listeners. So my background started actually as a Marine Corps pilot. So I spent
1:30.2	15 years in the Marine Corps, traveling the world world and taking the fight to our enemies.
1:35.0	In the early 2010s, around 2012, made a couple major life decisions that came out of that.
1:42.0	And one of those was to pursue more of the entrepreneurial
	...

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