Realty411 Magazine The Future of Real Estate is Here | Page 65

Lisa Hoegler Builds Her California Dream Team H By Hannah Ash aving recently returned to Southern California this summer, Lisa Hoegler is still pinching herself every day. After 15 years in the Southeast, her excitement at being back home again is still palpable. Yet the real reason this accomplished woman is grinning from ear-to-ear is because, at 43, she has recently retired from a career as a corporate finance executive and is now a full-time real estate investor and serving as Executive Director of the newly-launched LA South Real Estate Investors Association (REIA). According to Hoegler, she is finally living her dream. Hoegler’s escape from Corporate America did not happen overnight. If fact, it was not even what she set out to do when she began volunteering nights and weekends with a local Habitat for Humanity affiliate in 2000. New to Atlanta at the time, Hoegler says she got involved as a way of meeting people outside of her day job. Yet nearly four years and 4,000 volunteer hours later, including a term as affiliate President, she had learned the nuts and bolts of real estate development and received a crash course in running a small business. Hoegler had been bitten by the entrepreneurial bug. When a job transfer relocated her to Charlotte, NC, Hoegler transitioned her real estate career from non-profit to for profit. The rest is history. Though she continued to scale the corporate ladder of Fortune 500 companies over the next 10 years, Hoegler never stopped moonlighting as an active real estate investor. Now, nearly 150 residential transactions later, there is no doubt why this hard-working woman has been a success. Just as some fans will gush about baseball, Hoegler spiritedly discusses her work as an investor. It’s clear that for her, real estate is more than just work: it’s an absolute passion. She sums it up by saying, “Even my worst day in Realty411Guide.com real estate was better than my best day in Corporate America.” And she means it. For all of her successes, Hoegler has not forgotten how it all started. Though she credits finding her love for real estate during her Habitat experience, she undoubtedly credits Metrolina REIA in Charlotte for making her, as she calls it, “a player in the sport of investing.” By networking with other investors and vendors at the Metrolina REIA, Hoegler was able to quickly get the right education, learn the rules of the game, and start hitting home runs with her fledgling rehab business. Whether you invest by yourself or not, smart investors know this is a team sport. Your main goal is to build your team with the best players (tradespeople, bankers and fellow investors) you can find. Your team is often the difference between a deal turning into a win or a loss,” Hoegler proclaims. But networking with other investors means more than just doing deals to Hoegler. For her, it is about being part of a community where like-minded people come together to support and encourage each other during the highs and the lows. “For me, the last 10 years have felt like an investing rollercoaster at times.” Hoegler explains, “When I got started in this business, I underestimated how difficult that can be emotionally.” As a single person, with family and friends that didn’t fully embrace her same enthusiasm for real estate, Hoegler attributes her perseverance in this sport to the camaraderie and sound business advice she received from fellow REIA members, or “fans” as she calls them. Originally from Orange County, Hoegler has dreamed of returning to Southern California since leaving to pursue her MBA at the University of North Carolina in 1998. Hoegler’s retirement from Corporate America offered perfect timing to turn that dream into reality. This past July she settled in the Los Angeles area and, according to Hoegler, “I’ve been smiling ever since.” When asked what she loves about being back home, Hoegler enthusiastically responds, “Everything…even the traffic!” Her excitement is about more than low “ PAGE 65 • 2014 Continued on pg. 70 reWEALTHmag.com