Description:

Join seasoned real estate investors Paul David Thompson and Dustin Heiner as they unpack the transformative power of real estate investing. From mindset mastery to creating lasting value, this episode dives deep into the strategies that turn property investments into pathways to financial freedom.

The duo shares candid insights about their journey from individual investors to business owners, emphasizing how community, mentorship, and a service-oriented approach can accelerate your success. Whether you're a seasoned investor or just starting out, this conversation offers actionable wisdom on building passive income streams while making a meaningful impact in others' lives.

Key Takeaways:

1. Success in real estate investing starts with cultivating the right mindset and vision for financial independence.
2. Building a strong network isn't just about finding deals – it's about creating a community that supports and accelerates your growth.
3. The transition from active investor to business owner is crucial for scaling your real estate portfolio and creating true passive income.
4. Creating value for tenants and focusing on property management excellence leads to better returns and sustainable growth.
5. Investment conferences and mentorship programs offer more than just education – they provide invaluable connections and accelerate your learning curve.

Resources:

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https://www.skool.com/commercial-real-estate-101

About Our Guest:

Dustin Heiner is the founder of MasterPassiveIncome.com and host of the Master Passive Income Podcast. After building a successful rental property portfolio that allowed him to quit his job at age 37, Dustin now teaches others how to achieve financial freedom through real estate investing. Through his books, online courses, and personal coaching, he helps students create automated businesses that generate monthly cash flow from rental properties. His practical, systems-based approach has enabled countless investors to build passive income streams and work toward their own path to financial independence.

Description:
In this episode of the Commercial Real Estate 101 podcast, host Paul David Thompson sits down with Justin Goodin, a successful commercial multifamily developer based in Indianapolis. Justin shares his personal journey from traditional employment to becoming a thriving real estate developer, discussing the challenges and opportunities he has navigated in the current market.

Key Takeaways:

• Justin Goodin's transition from a traditional career to a successful multifamily developer.
• The significance of self-education and networking in the real estate industry.
• The current market conditions and the advantages of focusing on development over value-add projects.
• The importance of asset management and the complexities involved in development.
• The benefits of building to sell versus long-term property ownership.
• The role of local partnerships and relationships with city officials in project success.
• The importance of identifying supply-constrained areas for development opportunities.

Resources:

Join our Free Skool Community

https://www.skool.com/commercial-real-estate-101

GoodinDevelopment.com/invest

About our Guest

Today, we're excited to welcome a dynamic entrepreneur who transformed his traditional finance career into a groundbreaking real estate investment venture. With a finance degree and banking background, our guest founded Goodin Development after realizing the potential of passive real estate investing. By building new apartment complexes in Indiana, he's created a unique investment model that allows busy professionals to earn real estate benefits without the typical landlord responsibilities. Through his company, he helps others diversify their investment portfolios by offering hands-off, strategically managed investment opportunities that generate passive income.

• Understanding the local market is crucial for investment success.
• Financing strategies can include creative solutions like loan stacking.
• Property management comes with its own set of challenges.
• Networking and marketing are essential for finding deals.
• Negotiating price reductions is a viable strategy in real estate.
• Wholesaling can provide quick capital for further investments.

Join Our Free Skool Community: https://shorturl.at/THtsf

5-day challenge: https://www.commercialdreampartner.com/challenge

About the Guest:

Barry Rogge is a commercial real estate investor based in Ocean Springs, Mississippi. Originally from Louisiana, Barry transitioned from owning single-family homes to multifamily properties and has quickly scaled his portfolio. With a background in project management for heavy industries and engineering, Barry brings a strategic and analytical approach to real estate. Despite encountering challenges like high insurance costs and property repairs, he has continued to find success through creative financing and off-market deal sourcing. When he's not closing deals, Barry enjoys travel and is preparing for an exciting trip to Japan.