Goodin Development

Goodin Development is an Indianapolis based multifamily development company that builds premium, market rate communities throughout Indiana. We partner with busy professionals to build these projects so they can invest in real estate without having to deal with tenants, toilets, or termites.

👋 Hey! Thanks for checking out my LinkedIn profile.

I'll save you from reading a long and boring intro.

Back in 2020, I thought I was doing everything right...

I had a finance degree from a top 20 business school, married, had a house, worked at a bank, and was investing in a 401K.

Working at the bank, I analyzed commercial multifamily deals. 

I saw everything -
• The borrower's tax returns where they paid $0 in taxes. 
• Huge net worth on their balance sheets. 
• The passive income they were collecting every month from the cash flow. 

I saw just how lucrative (and rewarding) apartment investing could be.

I quickly learned I was on the WRONG side of the deal. 

So I founded Goodin Development. 

We build new apartments from the ground up in Indiana and give busy professionals the opportunity to invest alongside us. 

Our team handles everything! We make it a truly hands off investment for our investors. 

It's a great way to earn all the benefits of real estate, without the time commitment of being a landlord. 

𝗛𝗼𝘄 𝗜 𝗖𝗮𝗻 𝗛𝗲𝗹𝗽 𝗬𝗼𝘂 🡳
Do you have a busy career and a family to support? Do you want all the benefits of owning real estate, but don't want to be a landlord? 

We help busy professionals earn passive income through real estate. Check out GoodinDevelopment.com for more info.

𝗟𝗲𝗮𝗿𝗻 𝗛𝗼𝘄 🡳
Take our FREE 7-day passive real estate investing 101 email course. 
Go to GoodinDevelopment.com/course

𝗜𝗻𝘃𝗲𝘀𝘁 𝗪𝗶𝘁𝗵 𝗨𝘀 🡳
Want to get notified when we have our next passive investment opportunity?
Go to GoodinDevelopment.com/invest

Justin Goodin

You won't make any $$ on your first multifamily deal. 

Most new investors think the first deal is where the money is made.

It’s not.

Here’s what actually happens:

1st Deal: 
You get the experience.

You learn the full process: finding, underwriting, financing, and closing.

You stop guessing and finally see how multifamily works in the real world.

2nd Deal: 
You earn more equity and make a little money.

You avoid beginner mistakes.
You structure better partnerships.
Your equity and momentum start to grow.

3rd Deal: 
You build your track record.

Lenders trust you.
Sellers take you seriously.
You’re not “trying" to buy apartments anymore. You’re a closer.

4th Deal: 
You build lasting wealth.

Your portfolio begins to compound.
Cash flow increases. Previous deals start to sell.
You finally see how generational wealth gets built.

It all comes down to making that decision to start. 

Don't worry about making a ton of money on your first deal...

You just need to get that first deal closed.

That’s where everything starts.

Invest in real estate, without the headaches. | Founder of Goodin Development | Multifamily Developer | $58M+ Projects Built

Microsoft Excel sucks compared to this

I created the ultimate custom GPT that analyzes a multifamily deal in seconds 💪

This is going to save me so much time (and headaches)!

I trained the GPT to be a commercial multifamily financial modeling expert. 

✅ Input your purchase price & predefined assumptions 
✅ The GPT can model renovations and a value-add scenario
✅ Instantly calculate your IRR and equity multiple

I spent the last 3 weeks training this GPT to be my expert multifamily analyst and do a back-of-the-envelope analysis in seconds. And it's 100% free for anyone to use 🚀

Goodbye Excel...

Anyone want to try it?

Happy Thanksgiving everyone! I have a lot to be thankful for this year.

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Check out my article in Multifamily Dive! I highlight how we are collaborting with municipalties to bring our high quality, mixed-use communities to life to help combat Indiana's housing shortage.

Don’t forget to get some exercise in today. Stay healthy and have a great day! 💪

Investor Acquisitions

Founder + CEO

Real Estate Investor

Construction Project Manager

Pre-Construction Coordinator

Modineer Company

Operations Management Development Program

Altus Group

Cost Analyst

Northwestern Mutual

Financial Representative

College Financial Representative

Purdue University

Resident Assistant

SpringHill Camps

Assistant Director 

Holder Construction Company

Office Engineer Intern

Senior Construction Project Manager @ VareCo

Hey there! My name is Cole Baker. I am the Founder & CEO of Investor Acquisitions. The modern real estate operator's full service LinkedIn copywriter who will take your content & brand story to the next level. 

Whether you're the CEO, a team of operators, or a broker, our team can level up your brand & content on LinkedIn. 

Our business is telling your story.

Cole Baker

Panda Express owns $1,000,000,000+ of real estate.  
McDonald's owns $100,000,000,000+ of real estate. 
Shaqueille O'Neil owns $50,000,000+ of real estate. 
Marquise Brown owns $10,000,000+ of real estate.
Emmitt Smith owns $100,000,000+ of real estate. 
CostCo owns $50,000,000,000+ of real estate. 
Vanilla Ice owns $20,000,000 + of real estate. 

The most influential brands & entertainers in the world own real estate. 

To build wealth. 
To offset taxes. 
To diversify. 

What about you? 

P.S. Curious to hear your investment focus in 2025?

Personally, I'm doubling down on 2 things: 
1. Personal Development. 
2. Real Estate. 

How about you?

Founder + CEO of Investor Acquisitions | I help real estate executives build their brand & attract investors | Trusted by 42 Firms | DM “Intro” to schedule a meeting with Investor Acquisitions

I asked a lender (who has originated $23,000,000,000 worth of commercial real estate loans) 3 red flags to avoid in a general partner.

Here's what he said:

𝟭) 𝘼 𝙜𝙚𝙣𝙚𝙧𝙖𝙡 𝙥𝙖𝙧𝙩𝙣𝙚𝙧 (𝙂𝙋) 𝙬𝙞𝙩𝙝 𝙣𝙤 𝙘𝙖𝙥𝙞𝙩𝙖𝙡 𝙞𝙣 𝙩𝙝𝙚 𝙙𝙚𝙖𝙡.

- In his opinion, a GP must provide capital in the deal.
- It’s this simple: If a GP has no capital in the deal,
- They don’t have your best interest in mind.

𝟮) 𝘼 𝙂𝙋 𝙥𝙧𝙤𝙢𝙞𝙨𝙞𝙣𝙜 𝙜𝙧𝙚𝙖𝙩 𝙧𝙚𝙩𝙪𝙧𝙣𝙨 𝙬𝙞𝙩𝙝 𝙣𝙤 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚.

- You don’t want to hear what they promise.
- You want to hear what they’ve done.
- If they haven’t done very much, &
- They promise great returns?
- Run.

𝟯) 𝘼 𝙜𝙚𝙣𝙚𝙧𝙖𝙡 𝙥𝙖𝙧𝙩𝙣𝙚𝙧𝙨𝙝𝙞𝙥 𝙬𝙞𝙩𝙝 𝟱+ 𝙥𝙖𝙧𝙩𝙣𝙚𝙧𝙨

- In his opinion, teams shouldn’t exceed 3 GPs.
- When there are too many partners on a team,
- He questions the team’s ability to manage.

There’s no need to take on unnecessary risk.

Dismiss all GPs with these red flags.

P.S. What would you add to the list?

I've owned 0% of a $2,000,000 property. 

I worked my butt off for it too. 

I worked my W-2 while helping others build their wealth. 

It's part of most all of our journey's. 

Honest work. 

But after long hours trading time for money got me thinking...

"What if I was on the other side of the table?" 
"What if I was the owner?"

I asked myself those questions over & over. 
Until one day, I took that leap myself. 
The hardest decision I've made.

But you know what? 

It’s also the most fulfilling decision I’ve ever made. 
I’m curious to hear more about your journey. 
What set you on the path of ownership?

Vanilla Ice has 1,940,000,000 streams for all songs. 

He's also built a $20,000,000 real estate empire. 

Here's how he did it: 

1) Vanilla Ice initially had too much fun.  

• Vanilla Ice's real name is Rob Van Winkle. 
• With "Ice Ice Baby" topping every relevant chart.
• By age of 21, Rob was a bonafide superstar.
• Like many young rappers, he had his fun. 
• Mansions. Super cars. And jewelry. 
• Rob spent nearly everything. 

2) Hurricane Andrew changed everything. 

• In 1992, Hurricane Andrew devastated South Florida. 
• 1 of Rob's mansions was damaged in the hurricane. 
• Instead of hiring contractors, Rob renovated it. 
• That single renovation changed everything. 
• He ended up selling the home as a flip. 
• & began flipping homes full-time. 

3) Rob shifted his focus. 

• Rob flipped homes all through the 1990's. 
• Then, in the early 2000's
• With Rob's music career slowing down, 
• Rob started a construction company. 
• Leveraging his experience flipping. 

Leveraging his flipping experience, Rob has built a $20m net worth through business and real estate. 

LESSON: 

Rob did what many of us do when we start in real estate. 
He completely changed industries. 
For Rob, it was all about learning everything he could. 
From electrical, to plumbing, to finishing work. 
Rob started from the bottom. 
Like all of us. 

Whether you're Vanilla Ice, or John Smith, hard work is required. 

You cannot escape it. 

Knowledge matters. 

& the best way to gain knowledge? Do the work. 

What's your focus right now with your investing?

P.S. What's a better one hit wonder? 

A. "Who Let the Dogs Out?"

B. "Ice Ice Baby"

C. Other

My church is looking to buy a building in downtown Denver with ~1,000 seats.

• They're currently off Colfax.
• Across from East High. 

Our church is looking for an auditorium w/ ~1,000 seats.
& they're looking to stay around downtown.  
They're open to any & all options, 
but would prefer to buy. 

If you know a seller. 
If you know of a building. 
If you own your own building. 

& you think it could fit this criteria?

Please reach out. 

DM "Church" if you have a lead!

I cold called an investor (who owns over $25,000,000 worth of real estate almost all free & clear) to ask for advice.

Here's what he said:

"Real estate is all about satisfying the resident & reducing costs."

Seemingly contradictory statements.

But when executed well:

Crushes.

Here's his advice:

1) Buy units with more bedrooms.

- For him, he buys assets & holds them in perpetuity.
- He found residents stay longer with 2-3 bedrooms.
- This is true for dishwashers & washer/dryers too.
- Here was his point: anticipate their needs.
- Anticipate their growth in life (families).
- & provide them convenience.

As their family grows & they make more money, you have the capacity to support this.

2) Be vertically integrated.

In his opinion:

- The single greatest opportunity to reduce cost.

He wanted to maximize cash flow:

- He had a manager & went in 2 days/week.
- This increased his cash flow, which
- Afforded a better life style.

The conversation was over 40 minutes.

He was very gracious with his time.

(Probably because he afford it).

P.S. Curious to hear your favorite interactions on a cold call?

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Justin Goodin

Cole Baker

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The Battle

Justin Goodin

Cole Baker

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Engagements

Likes

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