Burning The Ships

Justin Goodin: Scaling to 500+ Units & Why Going All-In Made This Developer Unstoppable


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In this episode, I sit down with real estate developer Justin Goodin, who went from flipping homes during college to building luxury multifamily developments across Indiana. This is a masterclass in burning the ships and going all-in on your vision.

Justin shares how his background in finance and time as a commercial underwriter gave him a strategic edge as a real estate investor. From his first 29-unit syndication to his current ground-up developments, Justin breaks down how he scaled, when he pivoted, and why laser focus, vertical integration, and discipline are at the core of his success.

Whether you’re just getting started or thinking about the leap from W-2 life to full-time investor, this is an episode you’ll want to replay twice.

Key Talking Points of the Episode

00:00 Introduction

00:40 JJ’s Joke of the Week

02:10 Who is Justin Goodin?

04:23 Goodin Development: how it started, what they’re focused on today

07:45 College flips, full-time work, and building work ethic

08:58 Why Justin chose real estate over an “average” path 10:43 Inside the underwriting role: what he learned and why he left 13:12 Getting fired and going full-time into real estate

19:50 Scaling to 500+ units with syndications, JVs, and seller financing

23:03 Why laser focus is the difference-maker in real estate 25:54 Reverse engineering goals and partnerships to build momentum 29:27 Transitioning from value-add to ground-up development

31:36 Learning new construction by partnering with an experienced mentor 34:20 Project updates for 2025

35:48 Personal habits that fuel business focus and success

40:49 Motivation from the journey > chasing the destination 44:30 Creating a legacy through business, not retirement

46:45 Why you need to build multiple platforms

49:07 Book recommendations for mindset development

50:15 Connect with Justin online!

Quotables

“You don’t build an empire by doing 15 different things. You pick one, go deep, and dominate it.”

“If this were easy, everyone would be doing it. It’s not supposed to be easy.”

“Your legacy starts with how you use your time today.”

Links

Goodin Development

https://goodindevelopment.com/

Justin Goodin

https://www.facebook.com/justin.goodin.16

Stay Sane in an Insane World

https://www.amazon.com/Stay-Sane-Insane-World-Controllables/dp/1665092416

Best Ever Apartment Syndication Book

https://www.amazon.com/Best-Ever-Apartment-Syndication-Book/dp/0997454326

Tools of Titans

https://www.amazon.com/Tools-Titans-Billionaires-World-Class-Performers/dp/1328683788

608B Capital

https://608bcapital.com

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