Cash flow is spendable money in your pocket every quarter. It's a property's income minus expenses.

Equity capture is when you purchase a property for less than it is worth. Your wealth grows on the day of closing.

Property values increase over time as replacement costs, building materials and land get more expensive.

As mortgage payments are made, your tenant is paying down your mortgage and increasing your equity.

Depreciation offsets your profit for near tax-free income and may even reduce your tax burden on other income.

With proper leverage, every $1 in equity yields $3-5 in borrowing power which multiplies your returns over time.