Rental investing, also known as real estate investing, is a popular way to build wealth and generate passive income. It involves purchasing properties with the intention of renting them out to tenants. While it can be a profitable venture, it’s essential to approach rental investing with knowledge and a well-thought-out plan. In this guide, we’ll take you through the steps to start rental investing successfully. 1. Define Your Investment Goals Before you dive into rental investing, it’s crucial to define your investment goals. What are you looking to achieve with your rental properties? Common goals include: Understanding your objectives will…