Founder - Investor
Ian Schmidt
- Active real estate investor for 13 years
- 778 doors under management
- Short and Long Term Residential Assets
- Commercial Assets in North Carolina, South Carolina and Georgia
- Industrial Flex North Carolina
Listing Agent
As a listing agent for regional residential builder, Ian oversees the financing, sale and construction of 55 – 65 homes per year. $15+ million in closings in 2019, 2020, 2021 $28 million in 2022 and over $30 million in 2023. His real estate resume award highlights include:
- 2019 PRISM Award for Best New Community
- 2021 Carolina One New Homes – Magnificent Mentor Award
- 2022 Carolina One Diamond Award
- 2023 PRISM
Award $26 – $30 Million Circle - 2023 Carolina One Diamond Award
Wealth & Passive Income Educator
Co-Host of Charleston South Carolina’s largest Multifamily meetup
Charitable Work
- Carolina One New Homes Advisory Connector Council – supporting projects to end homelessness in the tri-county area
- Carolina One Cares Charitable Contribution Committee – supporting 12 local non-profits in Charleston
Get In Touch
Meet Our Team
Allow us to introduce you to the talented individuals who drive our organization forward.
Eric Upchurch
Eric is an Army Special Operations veteran who grew up in Central Iowa before attending college in California. While serving, Eric deployed to combat five times and completed a Masters Degree in Aeronautical Science. He has a passion for educating the military community on how to create long term wealth through real estate investing, while personally investing across the country for the last seventeen years. Eric serves as Co-Founder of Active Duty Passive Income (ADPI) and is a Senior Managing Partner with ADPI Capital.
Eric’s Portfolio and Related Experience:
- Has invested as a General Partner on 4,809 doors
- Limited Partner experience on 4,621 doors
- Involvement in over $165M in commercial assets with experience in sourcing, due diligence, capital raise, risk capital, investor relations, asset management, and as a Guarantor/Key Principal
- Co-authored Amazon #1 bestselling book, Military House Hacking
- Accredited Investor
- Certified High Performance Coach
Other Related Experience: private lending, tax liens, self-directed IRAs, buy and hold rentals, residential construction, single family flips, live-in flips, small multifamily properties and storage units.
Eric has partnered with Veterans Community Project to end Veteran homelessness this decade..
Rod Khleif
Rod Khleif is an entrepreneur, real estate investor, multiple business owner, author, mentor, and community philanthropist who is passionate about business, life, success, and giving back. As one of the country’s top real estate trainers, Rod has personally owned and managed over 2,000 properties.
Rod is Host of the Top-Ranked iTunes Real Estate Podcast which has been downloaded more than 10,000,000 times – “The Lifetime Cash Flow Through Real Estate Investing Podcast.” Rod is the author of “How to Create Lifetime Cash Flow Through Multifamily Properties” considered to be an essential “textbook” for aspiring multifamily investors.
As an accomplished entrepreneur, Rod has built several successful multi-million dollar businesses. As a community philanthropist, Rod founded and directs The Tiny Hands Foundation, which has benefited more than 100,000 community children and families in need. Rod has combined his passion for real estate investing and business development coaching with his personal philosophy of goal setting, envisioning, and manifesting success to become one of America’s top real estate investment and business development trainers.
Advisor
Jon Wells
Jon Wells offers more than 24 years of general management and new business development experience. He is a managing member and co-founder of Lake City Equity. In addition, he co-directs Lake City Equity's whole investment plan.
Mr. Wells founded and served as CEO of Bridge Properties, LLC, starting the company from the ground up and growing its real estate sales revenue to millions of dollars. Along with creating the company’s offerings and operations, marketing, and sales strategy, he sold residential real estate valued at over $100 million.
Before joining Bridge Properties, LLC, Mr. Wells oversaw teams of more than 100 workers in the logistics and retail sectors for several reputable big-box retailers.
Prior to entering the workforce, Mr. Wells was employed by Walmart Logistics as a management consultant. He graduated from Georgia Southern University and received many Dean’s List distinctions.
Advisor
Sam Wells
Sam Wells offers significant experience to the organization with her more than 13 years in general management and new business development. She is a co-founder and managing member of Lake City Equity and she co-directs the entire investment strategy in addition to supervising acquisitions and business development initiatives.
Mrs. Wells was the Southeast’s business development hospital director. She met enhanced admissions goals by large margins and successfully built a very productive sales staff during her stay.
Mrs. Wells worked as a manager at various Enterprise Rental locations before taking up the position of hospital director. She routinely exceeded client expectations and surpassed important performance targets while leading and managing teams of 20+ workers in this role.
Advisor
David Iglewicz
David "Iggy" Iglewicz brings more than 20 years of experience in leadership development. He worked as a pediatric dentist and was a major contributor to Children's Dental Health Associates' expansion to 15 sites and 2 surgery centers. He was able to leave this practice by joining forces with private equity.
David is the Co-founder and managing member of Lake City Equity and co-directs the investment strategy. He founded Prostoig Capital LLC, which sought to use multifamily real estate to give dentists and other professionals exceptional returns and cash flow before the merger. In this endeavor, Dr. Iglewicz managed assets valued at over $250 million, and he was successful.
Advisor
Wendy Dorchester
Wendy Dorchester has honed her expertise in lease-ups, value-add properties, and acquisitions, managing portfolios spanning across 13 states and encompassing up to 60 properties and 15,000 units. With over 25 years in the multi-family industry, Her background includes significant experience in sales leadership roles, representing national brands in property management.
She strongly emphasizes fostering an employee-driven culture, dedicated to leveraging technology to streamline property operations and renovations while enhancing the quality of life for residents and team members. She is the Chief Operating Officer and Managing Partner at Lake City Equity
In addition, Wendy is actively involved in industry leadership roles. She serves on the Education Advisory Board and Operations Committee of the National Apartment Association, contributing her expertise to shaping industry standards and best practices. Locally, she serves as a board member of Entryway, a national non-profit organization focused on creating jobs and housing for situationally homeless individuals, in partnership with the apartment industry.
Outside of her professional commitments, Wendy resides in Charleston with her husband, Daniel, and both of their mothers, along with their pets. She is a proud graduate of the University of Maine.