Bootstrapping in Brooklyn: How Remy Raisner Built a Real Estate Empire

In this episode of the 0 to 5000 podcast, hosts Drew McClure and Jordan Mitchell speak with Remy Raisner, a dynamic entrepreneur, real estate investor, and founder of The Raisner Group. Remy shares his story of overcoming adversity, starting his real estate career in the aftermath of the 2008 financial crisis, and bootstrapping his way to success in Brooklyn's competitive market. From initially buying non-performing debt at auction to now managing over 60 properties, Remy offers unique insights into urban renewal, building relationships in local communities, and navigating the challenges of entrepreneurship. He also emphasizes the importance of aligning investor relationships with long-term goals, leveraging sports lessons for business resilience, and how Brooklyn remains an exciting opportunity for real estate growth.

Key Takeaways:

1. Adapting to Adversity: Remy’s entrepreneurial journey started out of necessity, during a time of financial crisis, which shaped his resilient mindset.
2. Real Estate Strategy: Initially purchasing non-performing debt during a banking crisis, Remy transitioned to multifamily and commercial properties in Brooklyn, a market he saw as ripe for transformation.
3. Long-Term Vision: Remy stresses the importance of patience and long-term planning in real estate, often taking years before seeing profits.
4. Community Focus: By understanding his tenants' needs and investing in local businesses, Remy ensures his properties remain desirable and part of Brooklyn's urban growth.
5. Investor Relationships: Successful partnerships require clear communication, managing expectations, and aligning investor goals with the company’s long-term vision.