What makes a deal boring, and why might that be a good thing?

In this episode of the Turbine Capital Private Podcast, Ryan Gibson joins Tait Duryea for a candid conversation about their latest Houston acquisition and why it may be the strongest deal they’ve done to date.

With $30M already committed and closing set for late August, Tait Duryea and Ryan Gibson break down why this off-market, mom-and-pop portfolio could outperform riskier development deals. At 84% occupancy with major marketing and management upgrades ahead, this Houston acquisition is built for growth. If you’re looking for high-quality cash flow with low downside, now’s your chance.

Ryan Gibson is the President and CIO of Spartan Investment Group and a frequent collaborator with Turbine Capital. Known for his sharp underwriting and operational acumen, Ryan brings deep experience in self-storage, portfolio scaling, and market strategy.

Deal Room: https://turbinecap.investnext.com/portal/offerings/8449/

Show notes:
(0:00) Intro
(00:07) Deal status and commitment update
(00:21) Reserved allocation for pilots
(00:41) Why this is the best deal yet
(01:14) The Portland trio vs. Houston
(05:03) 11% NOI growth, no marketing
(07:28) Massive marketing upgrade coming
(08:29) Underwriting 3.6% with room to beat

Learn more about Turbine Capital:

Website: https://www.turbinecap.com

Facebook: https://www.facebook.com/turbinecap

Instagram: https://instagram.com/turbinecapital

Welcome to the launch of the Turbine Capital Private Podcast, your insider track to everything happening at Turbine, from deal flow to strategy, directly from the source. Host Tait Duryea introduces the platform, and he is joined by Jon Yost and TJ Johnson, who share their aviation backgrounds, personal investing journeys, and key roles within the firm. Whether you’re looking to diversify beyond mutual funds or curious about how Turbine vets deals across asset classes, this intro sets the tone for what’s to come. Get ready to learn how pilots like you are reclaiming financial control through alternative investments.

Tait Duryea

Tait Duryea is the Founder and CEO of Turbine Capital, a private equity firm purpose-built for pilots seeking smarter, tax-efficient investment opportunities. His mission is to help fellow aviators break free from overexposure to Wall Street by offering access to carefully vetted alternative investments. With a passion for education and transparency, Tait leads Turbine Capital in delivering institutional-quality deals to everyday pilots who want passive income with purpose.

Jon Yost

Director of Acquisitions at Turbine Capital and a seasoned pilot flying both 777s and A-10s, Jon brings over two decades of hands-on real estate investing experience, from single-family homes to industrial assets. A strategic operator with deep due diligence expertise, he sources deals that meet Turbine’s high standards for return and reliability.

TJ Johnson

Investor Relations Liaison at Turbine Capital, TJ is a former F-15 pilot and current A220 captain who began his journey as a Turbine investor. Now, he’s the first point of contact for fellow investors, guiding them through deals, onboarding, and ongoing communication with clarity and care.

Show notes:

(0:00) Intro
(0:12) What to Expect on This Platform
(0:52) Who Turbine Capital Serves
(1:32) Diversifying Beyond 401(k)s
(2:07) Meet Jon Yost: Flying & Investing
(3:13) Jon's Real Estate Journey
(5:28) What Jon Does at Turbine
(6:15) Meet TJ Johnson: F-15 to A220
(7:25) TJ’s Role in Investor Relations
(8:44) Subscribe & Stay Tuned

Learn more about Turbine Capital:

Website: https://www.turbinecap.com

Facebook: https://www.facebook.com/turbinecap

Instagram: https://instagram.com/turbinecapital