About Us

LEGACY PROPERTY PARTNERS USA, LLC is committed to leading the way as the ideal real estate investment company. We continually work to be recognized by our investors, residents, employees, peers and other stakeholders as a successful, socially and environmentally sensitive, ethically and morally responsible company that maintains the highest standards in its industry.

LEGACY PROPERTY PARTNERS USA, LLC is focused on building its commercial real estate portfolio throughout the United States. We invest in growth and secondary markets where the Company is able to develop a network of strategic alliances and an infrastructure of experts in acquisition, asset management, and customer service. Formed by Lisa Schmidt and Paul Eterno, its Key Principals, LEGACY PROPERTY PARTNERS USA, LLC’s strategy is to identify, acquire, enhance, hold, and manage partnership’s assets that will form a legacy portfolio for our investors, residents, employees, and our families.

Invest with us:

Share in the benefits of real estate ownership without the hassle of managing the property or the tenants.  We locate properties that meet our criteria for strong, stable, and solid investment growth.  Then we organize syndications with private investors who earn passive incomes from, both, the ongoing cash flow from rents as well as the profits from the eventual refinance or sale of the property. We focus on opportunities in class B and C, value-add multi-family properties, and turn-key student housing properties.

 

Become a member of the General Partnership – Take on a Role and Raise Capital for LPP:

Do you have friends and associates who too, are interested in investing in real estate?  Many people are tired of the ups and downs of the stock market and desire a relatively safer, more stable return on their investment. Bring your expertise to our team and become a General Partner.  As such, you participate in all aspects of the management to include raising equity and are compensated for being a General Partner.

 

Need a Sponsor for your Commercial Real Estate Purchase?

Are you just starting out in apartment or student housing investing?  Need help getting a loan for an acquisition?  We can sponsor your deal and provide the net worth you need to get approved for the financing.

 

Source Investment Opportunities for LPP:

Have you identified a MF or student housing deal but don’t have the means or experience to close the deal on your own?  Bring the deal to Legacy Property Partners, USA and we will partner with you to get the deal done.  We can provide the experience and capability to ensure a smooth acquisition, operation, and disposition plan.  You are able to participate at whatever level you choose and receive a GP stake based on your level of participation.  To learn more and determine if you’d be a good fit to source deals for LPP, contact Paul Eterno [email protected] or lisa Schmidt [email protected] respectively.

Meet The Team

Lisa Schmidt

Managing Partner

After having lived her entire childhood with her family in one 800-square-foot home, Lisa moved away to attend college and graduate school, married the man of her dreams, and began what has been a life-long adventure, a love of teaching and real estate. While moving from state to state for 26 years during her husband’s Marine Corps career, Mrs. Schmidt focused on teaching students with special needs, all the while educating herself through real estate courses and buying homes wherever stationed. Finally, hoping to settle in San Diego, Mrs. Schmidt became a licensed real estate agent and enjoyed a successful 5-year career as a residential real estate professional. Moving out of the country for two years, Mrs. Schmidt started her third business- importing and distributing a US and a New Zealand brand dog and cat food in the Middle East.

After moving back to the US after living in Kuwait for two years, Lisa began investing in tax lien and tax deed properties across the country. Four years later this interest grew to include multi-family and commercial real estate and Lisa joined forces with a fellow investor and friend, Paul Eterno, to pursue this next endeavor.

Both Lisa and Paul have received education from some of the top leaders in the field, to include The United States Tax Lien Association and RE Mentor and continue to be mentored by the founders of both organizations, Tony Martinez, Saen Higgins, and David Lindahl. Lisa and Paul utilize top-in-field advisors in each organization to partner with in acquisitions, holdings and sales. They strive to be the country’s premier real estate investment company, delivering exceptional returns, sales, customer service, property management, and providing legacies for their families and our clients’ families. In 2016 Paul and Lisa formed Legacy Property Partners, USA, LLC.

Legacy Property Partners USA and its Venture Partner, Mission Bay Capital Partners, have closed on the following properties:
• Towne Oaks Townhomes, Tyler, TX: 90-unit, value-add opportunity closed on August 2, 2018. ($6.075M Acquisition)
• Towne Oaks East, Tyler, TX: 104-unit value-add opportunity closed January 26, 2018 ($4.5M Acquisition)
• Abbey Lake Apartments, Thomasville, GA: 152-unit, value-add property purchased in January, 2019. (($8.6M Acquisition)

During the past 34 years Mrs. Schmidt has managed to fit in a few other adventures most notably:
• Along with her husband, raised three wonderful children who are now successful adults.
• Taught students with special needs for nearly 20 years.
• Director of Special Education for Middle School.
• Top producing Realtor in the San Diego county market.
• Mentor/Coach to other investors buying tax deeds and liens.
• Co-owner Operator for Fitness Studio and Consultant/Trainer for Nation-wide Fitness Certification Group.
• Start up for International Distributor for a major U.S. and New Zealand brand dog and cat food in the Middle East.
• Successful tax deed investing with purchase and sales of properties in Florida, Missouri, Indiana, and Arkansas.
• Operated a Medical Transcription company.
• Ran the Marine Corps Marathon—and finished!
• Member of BNI and on Leadership team.

Underpinning all Lisa does is her faith in God and a belief that she will succeed in whatever endeavor she choses to undertake. Failure is never an option. Mrs. Schmidt feels very fortunate to have a husband, family and business partner who continually support and inspire.

Paul Eterno

Managing Partner

Paul Eterno was a career Human Resources Management executive in corporate America for over 36 years, working for major companies such as Blue Cross/Blue shield of Greater New York, Avon Products, Inc., Cushman & Wakefield, US Computer Group, Satellite Transmission Systems, Inc., and Globecomm.
He held various key HR executive positions up to and including Senior Vice President, Human Resources for, both, US Computer Group and Globecomm over the last 18 years of his career in Corporate America.
Paul earned the highest credentials afforded an executive level professional in the Human Resource Management field - the designation SPHR (Senior Professional in Human Resources), which was granted by the Human Resource Certification Institute(HRCI), in cooperation with the Society of Human Resource Management(SHRM). He is also a member of the Worldwide Who’s Who of Executives and Professionals, and the Continental Who’s Who of Executives.
In addition to his professional credentials, Paul was awarded a Bachelor of Science Degree in Business Administration from New York Institute of Technology and an MBA in Executive Management from St. John’s University.
In January 2014, following Globecomm’s sale to a private equity firm Paul was laid off. It was at that point in his life that he paused, buoyed by encouragement from his wife, Ann Marie, and took time off to think and pray about what God’s plan was for him.
Back in 2006, Paul had invested in 2 investment properties on Long Island, one of which he still owns. But, it was in October 2014, that he decided to contact the US Tax Lien Association (USTLA), enrolled in a boot camp in Raleigh, N.C. and learned how to acquire tax foreclosed properties at county auctions throughout the United States, Paul invested in the USTLA’s top training program. Following the end of training in April 2015, Paul began investing in Tax Deed properties under the business name P.E.R.E. (Paul Eterno Real Estate) Investment Holdings, LLC. He purchased 11 properties and redeemable deeds in the ensuing 15 months. This was the springboard for his new career in Real Estate Investing.
During that same period, he was nominated to the USTLA’s Mastermind group. This afforded him direct access to and training from the Founders of the USTLA, as well as their Mentor. This opportunity proved to be invaluable, and eventually lead to Paul meeting his current business partner, Lisa Schmidt, who also was a member of the same Mastermind Group. In July 2016, Paul and Lisa attended a boot camp in Durham, NC that focused on acquiring multi-family apartment complexes in growth markets using a system developed by Dave Lindahl, who is widely recognized as the guru of multi-family apartment complex investing. It was at that boot camp in Durham, NC that Paul and Lisa decided to become business partners, and in December 2016 they formed Legacy Property Partners USA, LLC.
Paul (and Lisa) continue to be educated in commercial real estate investing, have underwritten several properties and have submitted multiple Letters of Intent(LOI) to purchase multi-family apartments.
Legacy Property Partners USA and its Venture Partner, Mission Bay Capital Partners, have closed on the following properties:
• Abbey Lake, Thomasville, GA: 152 Unit value-add opportunity closed on February 8, 2019

• Towne Oaks Townhomes, Tyler, TX: 90-unit, value-add opportunity closed on August 2, 2018. ($6.075M Acquisition)

• Towne Oaks East, Tyler, TX: 104-unit value-add opportunity closed January 26, 2018 ($4.5M Acquisition)
Paul also continues to be mentored by some of the best commercial real estate investing minds in the industry through Dave Lindahl’s educational Company, REMentor, and from other commercial real estate professionals he has come into contact with during his tenure in commercial real estate career.
When he is not focusing on real estate, Paul enjoys spending as much time as possible with his family - his loving wife of 20 years, Ann Marie, and his 3 beautiful children, P.J., 31, Olivia, 15, and Garrett 13. He and his wife enjoy watching and supporting their children’s participation in competitive sports (swimming, track & field, travel baseball, and basketball, football, and wrestling), and timeshare vacationing. Paul also enjoys giving back to the community through his membership as a Rotarian in Rotary International - Smithtown, NY chapter. He is also a Board member of a 501 (C) 3 not-for-profit organization called the Welcoming Home Our Heroes Foundation, which provides support and financial assistance to returning Long Island War Veterans, in cooperation with the VA Medical Center in Northport, LI, and is an Outreach Partner (book distributor) for Prelude Publishing, whose mission it is to share the gospel of Jesus Christ with men across America, with the goal of bringing this nation back to “one Nation under God”.
Paul is currently active in multiple Business networking forums on Long Island:
• 3 year LeTip International, where he serves as Treasurer and Mentor for the Hauppauge Chapter
• 2-year Member of the Greater Smithtown Chamber of Commerce.
• 3-year Member of Smithtown, NY Chapter of Rotary International
He also has served as:
• Past Vice President of the Church Council at St. James Lutheran Evangelical Church in St. James, NY,
• Past President of the Long Island Wage & Salary Council, a networking group of Senior HR professionals in the high tech industry.
• Past member of the Human Resources Committee of the American Management Association (AMA).
Lastly, at the core of Paul’s life is his Christian faith and belief in Jesus Christ as his Lord and Savior. This has empowered him to successfully pursue his new real estate investor profession with the ultimate goal being to do God’s work by generously and joyfully giving to those in need, and to provide his family a much higher quality lifestyle than they have ever known, leave them a legacy that will enrich and support them for the rest of their lives, and leave this Earth a much better place than when he arrived.