Too many smart investors miss out on real estate investing because they don't want to deal with the hassles of being a landlord. 

They often hesitate because:
> They don’t have the time or patience to manage properties.
> They don’t want the stress of dealing with tenants, toilets, or termites.
> They’re unsure how to find profitable, low-risk opportunities.

What if I told you there was a way to receive all the benefits of real estate, without any hassles (or stress) of being a landlord?

At Goodin Development, we make real estate investing simple. We provide fully managed group investments. 

You'll invest in luxury apartments with us and share in the profits, so you can:

- Generate smart passive income
- Diversify beyond the stock market
- Get tax advantages to keep money in your pocket
- Avoid the frustrations of DIY-ing everything
- Spend your time where it matters most, not on managing your investments

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.  

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

Justin Goodin

Approaching the 50% complete milestone soon!

I'm really proud of the progress our team has made so far. 

The Elwood in Kokomo, Indiana, will be the city’s premier place to live.

Although, we can't celebrate just yet! We still have MANY important milestones to accomplish. 

What do you think of the progress so far?

CPM Construction Planning and Management, Inc.

Stress free real estate investing for busy professionals who don’t want to be landlords | Indiana Focused Developer with $58M+ Projects Built

Real estate syndications require $50,000 to invest. 

Here's what to expect after 👇 

After you send your wire, and sign a few legal documents, your spot is locked in. 

// Here's what happens next:

1. Progress updates – monthly
2. Cash flow distributions (after stabilization) – quarterly
3. Financial reports – quarterly
4. Schedule K-1 – annually

// Typical Timeline:
Construction: 14 - 18 months
Stabilization: 6 - 12 months
Sale: 3 - 5 years total

District South, in Fishers, Indiana started construction in February 2024 👇

76 families partnered with us to build this project. 

This week, we sent out our FIRST cash distribution to our investors, marking another major milestone for all partners in this project. 👏 

If you want to get notified of future investment opportunities from us, apply to join our investor club on our website.

Apartments are no longer about building boring boxes

People want a modern place to call home. 

That means not skimping out on interior finishes and amenities. 

Each unit inside our latest project, The Elwood, will have:

• Quartz countertops
• Stainless steel appliances
• Private balcony or patio 
• Smart locks & thermostats
• Full size washer & dryer
• Tile backsplash 
• Modern black windows

Amenities include: 

• Luxury rooftop patio
• Pet spa
• Bike room
• Fitness center
• EV charging stations
• Outdoor grill & fire pit area
• Indoor/outdoor cafe 
• Game area
• Work-from-home area
• Plaza area in front of retail space

The Elwood will be the premier place to live within the city and we are proud to be apart of this transformational community!

Most syndicators won’t touch construction

1 year of planning 
2 years of construction 
1 more year to lease up 

It's too complex.
It takes too long. 
It has too many moving parts.

This is exactly what I love about development: 
LESS competition 

Not many companies are willing to put in a huge amount of work upfront and wait years for the real upside...

This is where you find the real opportunity 💪

I had a call with a potential investor who thought preferred return = cash on cash return

I had to explain these are not the same thing...

7% preferred return DOES NOT mean you receive 7% annually.

The preferred return alludes to the precedence of limited partners receiving a specified return, BEFORE the general partners share in the profits.

A preferred return (Pref) is not a guarantee or claim that you will get X% in any given year.

How much (or how little) the project cash flows, will determine what you receive on a quarterly basis.

Pref and cash flow distributions are 2 completely different things. 

Did you know this before reading?

When I first started investing in real estate, I assumed the best opportunities had to be in the “hottest” markets.

The ones everyone talks about. 
The ones making the headlines.

Like Florida, Texas, or Arizona.

Boy, was I wrong.

After underwriting deals across multiple states and spending years investing here at home, one thing became clear:
Indiana quietly does a lot of things right.

And for passive investors, especially those who care about stability, predictability, and long-term wealth, that matters more than hype.

Let’s walk through why Indiana deserves serious consideration.

View newsletter: Passive Real Estate Investing

When I first started investing in real estate, I assumed the best opportunities had to be in the “hottest” markets. The ones everyone talks about. The

Open article: Why Indiana Is One of the Best States for Passive Real Estate Syndication Investors by Justin Goodin • 5 min read

Why Indiana Is One of the Best States for Passive Real Estate Syndication Investors

Raising capital is never easy.
And it’s never something I take for granted.

Every commitment an investor makes is built on trust.

That trust is earned over time, through transparency, communication, and execution.

All investing involves risk.

But when you choose
• the right operators
• the right deals
• and the right markets

that risk is significantly reduced.

One thing I appreciate about Invest Clearly is the transparency it brings to our industry.

It’s a place where investors can read real, VERIFIED reviews from people who actually invested with a company.

I'm grateful for my investors who took the time to leave feedback and look forward to growing on this platform! Check out Invest Clearly if you haven't already.

Goodin Development Reviews

We are getting our first Ritz-Carlton Hotel in Indianapolis!

What’s coming:

• 15-story luxury hotel
• 170 rooms
• 11,500 SF of ballroom & meeting space
• Spa, fitness center, upscale restaurant, private lounge
• Outdoor terrace

The hotel is expected to open early 2028.

It's always great to see more investment coming into Indianapolis. 

Do you think this will be a great addition to downtown?

I almost quit
(on more than one occasion)

I was putting in a ton of work and still felt like NOTHING was working for me with real estate.

There were many years in my life where I was working full time AND going to college full time. 

My calendar was packed. My energy was drained. 

I barely had time to do anything fun, let alone slow down and enjoy life. Every week felt like survival mode.

At the same time, I was trying to build something better.

- I was looking for multifamily deals.
- Learning the process.
- Trying to understand how this business actually worked.

Every spare minute went to YouTube, podcasts, and books.

Early mornings. Late nights. Lunch breaks with headphones in. 

But I never saw any progress...

It felt like I was WASTING time.
❌ So I almost quit many times. 
❌ Almost went back to house flipping. 
❌ Almost switched to just buying businesses. 
❌ Almost switched to buying storage facilities. 

But I was wrong. 

✅ In reality, progress was happening slowly over time. 

Day by day it didn’t look like much. 
Week by week it felt invisible.
But month by month and year by year, you make progress. 

Most people quit right before their big breakthrough!

If you feel like you're stuck in a rut right now and not making any progress...this is your sign to keep going! 🚀

Returns work different in a typical development deal:

When you invest in ground-up construction, there’s no cash flow for the first year or so. 

Because the project isn’t stabilized yet.

So how do investors get paid?

Let’s break it down:

• Preferred Return:
> This is your “priority” return before the sponsor makes a dime.
> It accrues during construction.

• Return of Capital:
> Once the project sells, your principal is returned back to you.

• Profit Split:
> After your preferred return and capital is paid, the profits get split.
> Usually 70% to investors / 30% to the sponsor.

Example:
• You invest $50,000.
• No cash flow year 1.
• Small distribution year 2 as things stabilize.
• Pref is caught up at sale.
• Return of capital ($50k).
• Profits are split in year 3 at sale.

You end up receiving $85,782 when it's all said and done.

That’s a 1.72x equity multiple (you turned $50K into $85,782)

Which equals a 20% IRR over 3 years.

This is typically how most syndication returns are structured for a ground-up deal, but the numbers are just for an example.

Drop any questions below.

Helping Accredited Investors Create Passive Income & Wealth In Multifamily Real Estate | Founder of Focused Capital | Experienced Real Estate Investor

Hi I’m Chad. 

Husband, Father, Real Estate Investor. 

Prior to real estate, I spent nearly 2 decades in the financial payments industry serving hundreds of Midwest business owners successfully. 

In 2017 I began my real estate journey as a way to find tax advantages. Initially, I never imagined it would turn into Focused Capital but here we are. 

After acquiring several multifamily apartment complexes with my own capital and learning many hard lessons along the way, I formed Focused Capital officially in 2022. 

The vision was clear: make an impact in communities, investors, and employees of this company. 

Now I run Focused Capital, where we help people grow their wealth through passive multifamily investments. 

Mission: Impact 1000 families financially with real estate investing. 

Focused Capital is located in Fishers, IN. We acquire apartment complexes in strong Indiana markets and operate with excellence. I’ve assembled a team of A-talent as we scale and continuing to search for great people to join our mission. 

We’ve raised $24M+ in equity and built a $100M+ portfolio by doing things the right way — buying smart, planning for the unexpected, and putting people first.

But we’re not just here for accredited investors.

We’re here for the people living in our communities too. That means upgrading the properties — and upgrading lives. 

From safer spaces to better amenities to financial literacy programs, we’re on a mission to help residents not just live better, but grow.

What I’m about:

Cash-flowing, downside-protected deals

Clear, honest communication

Creating real impact — for investors and residents

Empowering families to take control of their financial future

Personally: I love traveling with my wife and 2 little kids. Summers are lake watersports and winters are spent mostly in Hawaii hiking, surfing, and quality time. 

I’m not just here to raise capital.

I’m building trust, creating opportunity, and investing in relationships. 

You can find more about me and my company at www.focusedcapital.com

Instagram: @chad_schieler
Instagram: @focusedcapital

Chad Schieler

Distributions sent on our development project - update:

91 units mixed-use | Fishers, IN

Began construction February 2024
Completed construction August 2025
Cash flowing for several months now

First round of distributions went out to the investors 2 days ago,  and plan to distribute quarterly.

Always great to see a project go full circle.  This one is special to me since its just minutes from my home and office.

The focus now is operating it well.

Click the link in my profile if you’d like to talk about future investment opportunities.

Founder @ Focused Capital | Private Equity | Real Estate Investor | Making an Impact with People

No alternative text description for this image

Last year taught me clarity>certainty.

2025 started out quiet then the storm called in.

Several times, I did not know how we would accomplish acquisitions in front of us, but said yes and figured it out along the way.

This is a shift from how I have normally thought.

It’s a shift that I see a lot of experienced investors make as well.

You don’t always have 100% of the facts and data to make the decision - sometimes you have to make a decision based on what you know at that time. Maybe it’s only 85% of the answers. 

2025 was a big year:

Acquired $50M of real estate
Raised $17M in private capital (many investors came from LinkedIn relationships)
Exited 4th asset - realized 47% IRR
Launched private lending business-$7M+ in loans

The biggest win? 

Taking the last two weeks of the year to unplug with my family in Hawaii. 

Sure, 2026 has big goals too. 

But the focus right now is team efficiency, operational excellence, present time with my family, and personal health non-negotiables. 

Thank you to every supporter, partner, investor, and teammate who played a role in making this happen. 

Sometimes you have to bet on yourself and your network that you’ll succeed.

Last year we reviewed and underwrote 177 deals. Submitted 62 offers.

Acquired 2 of them. 

Several deals were close in best and final, but we held firm. 

Remaining selective and patient. 

The theme last year and going forward: capital preservation first, returns second. 

Still a decent spread between buyer and seller. Saw it close in towards the end of the year. 

Saying no to more deals than we say yes to. Sometimes winning is simply not acquiring the wrong deal. 

The wrong deal doesn’t just lose money — it consumes time, focus, and energy that should be spent operating a great one.

2026 is already looking like another year of opportunity.  

This year we have redefined our "buybox" to get even clearer on what we will spend our time reviewing and acquiring so that we can deliver the best investments to our partners.

The goal isn’t to do more deals.
It’s to do the right ones.

How we de-risked a multifamily deal with 75% of leases expiring at once:

When we acquired this property, ~75% of the rent roll was either month-to-month or expiring on 12/31.

On paper, that’s a red flag. In practice, it became an opportunity—if you have a plan.
(Side note - this is why the previous buyer backed out)

Here’s how we approached it:
• Acquired in March and went to work immediately
• Renovated several units to test demand and pricing
• Leased those units at ~$350/month above prior average rents

That gave us real-time market proof—not pro-forma assumptions.

Next, we focused on risk reduction:
• We proactively approached existing residents
• Offered early 3-5 month renewals at their current rental rate
• In exchange, we staggered lease expirations into March, April, and May

Result:
~75% of the property de-risked
Only ~25% of units exposed to a single expiration date

From there:
• Continued early renewal offers with modest increases
• Allowed remaining tenants to exit on 12/31
• Renovated those units and pushed rents meaningfully higher

The outcome wasn’t just higher rents—it was a balanced rent roll, stable cash flow, and reduced operational risk.

~Two years later, we exited the deal at a 3.0x equity multiple and 93% IRR.

The lesson:
Risk in real estate isn’t eliminated—it’s managed.
Lease expirations, tenant profiles, and timing matter just as much as purchase price and IRR.

This is why we spend more time on execution strategy than headline returns.

Passive Investors: Stop comparing deals based solely on IRR.

IRR is a useful metric—but it’s also one of the easiest numbers to manipulate with assumptions.

Change the hold period.
Adjust rent growth.
Tweak vacancy or exit cap.

Suddenly, the IRR looks great on paper.

What actually matters more:
- The operator and their track record
- The risks in the deal
- Location and market fundamentals
- Sustainable cash flow along the way

IRR should inform your decision—not make it for you.

No longer is 90's value add the only asset class we are focused on.  Last year taught us that.

This is why:

It all comes down to pricing in the risk to achieve the desired returns.

With value add - considerable risk to complete renovations, its an older product so higher risk for deferred maint and ongoing large repairs, plus risk to achieve a large rent bump if part of the model.

We learned that we loved acquiring core plus after acquiring 2 deals at an average basis of $143k/unit built in 2021-2023.  

No major renovations needed, not large rent bumps needed, and considerable protection with acquiring at positive leverage and very attractive agency debt.

We are still reviewing value add deals, but with a different lens now.

Cash flow first, Appreciation second.  

Why is cash flow important?
How is it calculated?
Why do many real estate investors base decisions on this?

Launching a few basic fundamentals episodes first, so don't worry we will get into the good stuff soon.

Check out our latest episode on Focused Fridays that just dropped today:

https://lnkd.in/gPTtzmx3

Open video: Focused Fridays | E03: What is Cash Flow and Why Does It Matter? on youtube.com

Focused Fridays | E03: What is Cash Flow and Why Does It Matter?

The most important thing that money cannot buy? Time.

This the reason many choose the passive route.

In today's Focused Fridays episode, Jared and I break down the difference between Active and Passive investing and which route may be right for you.

A lot of real estate investors start the active route but end up going passive due to the time component.

Not to mention, the additional risk components of learning hard lessons along the way by putting in the work yourself actively.  Ask me how I know.

Check out todays episode here:

https://lnkd.in/guiTHN8g

Open video: Focused Fridays | E04: Active vs. Passive Investing: Which One is Right For You? on youtube.com

Focused Fridays | E04: Active vs. Passive Investing: Which One is Right For You?

I started investing in real estate first as a passive investor before doing it on my own.

Why? Lowest barrier to entry and time commitment.

Educating myself along the way through mistakes and lessons has been the key to becoming a better investor.

Many people are so focused on getting all of the answers before making their first investment.  It all starts with understanding the basics.

If one of your goals this year is to passively invest and educate yourself, check out our latest Focused Fridays podcast episode live here:

https://lnkd.in/grZ9dJ7t

Open video: Focused Fridays | E02: How Much Money Do I Need To Get Started in Real Estate Investing? on youtu.be

Focused Fridays | E02: How Much Money Do I Need To Get Started in Real Estate Investing?

Many passive investors spend their time underwriting the deal.

The smarter ones underwrite the operator.

When you invest passively, you’re not just investing in a spreadsheet, you’re trusting a team to execute for 5-7+ years. 

Just a few of the important things to review when choosing a sponsor:
- track record
- skin in the game
- transparency

This is exactly what we unpack on the latest Focused Fridays episode—what to look for, what to avoid, and the questions most investors don’t ask early enough.

If you’re investing passively, this one is worth a listen:

https://lnkd.in/g5vKDbi3

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