By Ryan Barone
Real estate investors are evaluating financial plans and goals and may be looking for ways to maximize their returns. One strategy—scaling your rental investment portfolio—has many benefits, including diversifying to spread your risk across different locations and property types, providing opportunities for passive income generation, and positioning you for long-term wealth creation.Scaling your rental portfolio involves expanding your holdings by acquiring additional rental properties. While this approach can contribute to long-term success and increased profitability, it may seem difficult, risky, and overwhelming. Here are a number of best practices that will help you scale your portfolio in simplified and prudent ways that are likely to promote success.