All Forum Posts by: Travis Headley

thanks for the replies. I believe in my area the amount of rent that could be generated most likely would not justify making more. 3 bedrooms would be the sweet spot.

At what point is there no more benefit to adding additional bedrooms? For example would there be any benefit converting an additional room to an additional bedroom if it already has 4 bedrooms?

@Dave Foster

Thank you for the reply. I guess that would be the issue is getting multiple separate transactions closed at the same time within the window to purchase a replacement could be tricky.

My plan in the long run is to scale, so I am trying to figure out the best way to do so without it taking a really long time.

I currently have a rental portfolio with 25 SFHs in 1 LLC. Next I plan to purchase more property but will put it in a different LLC so that all my assets are not in 1 basket to reduce risk. Down the line when I want to exchange up using a 1031 exchange, are you limited to only using assets in 1 LLC or can you sell off multiple assets in multiple LLCs to try to purchase a much larger property?