Join us on the latest episode of Passive Investing from Left Field, as we dive deep into the world of commercial real estate investing with special guest Ryan Gibson, co-founder of Spartan Investment Group. Ryan, formerly an airline pilot turned real estate mogul, shares the turbulent journey of transitioning into the self-storage industry and the strategies that propelled him to success. Discover the exciting opportunities and hurdles of syndicated investments, the significance of transparent investor communication, and innovative ideas for generating passive income.
About Ryan Gibson
Ryan Gibson is a co-founder of Spartan Investment Group and a former airline pilot who made a successful pivot to real estate investing, focusing on self-storage. His entrepreneurial spirit was evident early on when he provided affordable housing for pilots through organized crash pads. Today, his expertise and leadership have contributed to the growth and resilience of his company amidst market fluctuations and financing challenges. Ryan also hosts the Passive Income for Pilots podcast, sharing valuable insights on building passive income. With a strong emphasis on managing investor expectations and capital preservation, his strategic approach to investment, particularly in ground-up development and value-added projects, has made Ryan a recognized voice in the passive investing community.
Here are some power takeaways from today’s conversation:
00:00 The Best Ever Conference
01:31 Tribevest Ad
02:03 Coming Up
02:22 Intro
02:40 Welcome to the show
03:43 Ryan’s journey into real estate investing
07:45 What are pilot crash pads
10:36 How he got his start in real estate investing
11:50 Where is the market at right now
15:36 Disruption is good for self-storage
19:20 Who Is buying from who
21:21 Viking Ad
22:08 Rise 48 Ad
22:37Tyler Longview's portfolio
25:56 How he handles challenges
26:49 Buying multiple properties
32:43 Investor expectations
38:29 Types of development
43:57 Recommended podcast
44:41 Contact
45:03 Aspen Fund Ad
45:46 Vyzer Ad
46:31 Guest Overview
49:52 Outro
50:18 Disclaimer
Episode Highlights:
1. Ryan Gibson, co-founder of Spartan Investment Group and former airline pilot, shares his journey from pilot crash pads to successful self-storage real estate investing and hosting a podcast for high-earning professionals.
2. The episode covers Ryan's experiences with the challenges of financing and selling properties in a fluctuating market and his strategic approach to overcoming those challenges including transparent communication with investors and prioritizing capital preservation.
3. Ryan discusses the intricacies of deal structuring and the benefits of ground-up development in the self-storage industry, highlighting how they manage risks and expectations as detailed in the Private Placement Memorandum.
4. Industry insights reveal that self-storage thrives on disruption and that the market conditions currently favor development projects, amidst issues such as decreased demand due to a slowdown in home sales and moves.
5. The significance of the self-storage market is emphasized with the business still being strong and attractive to investors, despite some portfolios facing struggles.
This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.
Resources Mentioned:
Contact The Guest: LinkedIn Instagram Facebook YouTube
Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
Podcast Recommendations:
Motley Fool Money
The Walker Webcast
All In Podcast
Advertising Partners:
Left Field Investors - BEC
Tribevest
Rise48
Aspen Funds
GSP REI
Spartan Investment Group
Vyzer
147. Ryan Gibson on Navigating the Ever-Changing Self-Storage Market | PassivePockets: The Passive Real Estate Investing Show podcast - Listen or read transcript on Metacast