Having multiple LLCs is an advantage for real estate investors. Reasons include protecting liability for separate properties, allowing for different partners, and funding considerations. My team and I help real estate investors plan for these events. We bring in our ‘associates’ to handle what we don’t. Examples are legal help, a grant writer, private lending sources, and marketing for investor partners.
Here is the story of a Chicago developer with separate LLCs for neighboring parcels:
https://hoodline.com/2026/08/two-vacant-east-garfield-park-lots-set-to-become-900k-three-flats/