Your Wealth Building Tool


Learn How To Build Wealth With Real Estate


The complimentary tool above, provided by Thom and Rory, will help you learn to build wealth with the Real Estate you currently own.  Adding your address in the form will provide personalized answers for the following questions and update your particular financial resources monthly. This useful information can help you build wealth by answering the following questions.


Should I refinance for a lower rate?

If so, how much would my payments be?

Can I use my current home equity for a home improvement?

How much of a home improvement loan can I take?

What would be my payment?

Can I use some of my home equity to purchase another home?

How much home can I afford?

What would my new payment be?

Can I use my home equity to buy an investment property?

How much of an investment property can I afford?

What are the current rents going for?

How much has my current home value gone up this month?

What is my updated home value?



This is a FREE tool worth $225 a month and it is absolutely FREE compliments of The Thom and Rory Team.

Let's start building wealth, today. We'll be here every step of the way.

Common Wealth-Building Terms


Income is the cash you have leftover from a property lease you've gathered after all costs have been paid. Most land has costs like a home loan, local charges, protection, upkeep, and management expenses. At the point when you first purchase a property that pulls in more lease every month than the costs you convey to possess it, your income is positive.

In most of ventures of investment (stock assets, artisan products, adornments, bitcoin, and so on), you are expecting to purchase something that will appreciate in esteem, then, at that point sell it later for a benefit. In certain types of investment (purchasing an ineffectively run business, for instance), you might be purchasing something that produces pay and wanting to work on that resource's presentation to build its worth. For most, this includes an excessive amount of additional unwanted work. What we are left with is the understanding that to "make an investiment" is to purchase something you accept will in value at a later time. This approach being based on a history of proven principals, can be fruitful and rewarding. In case it's not, it's truly more like betting.

Buyers who purchase properties only because exclusively purchasing later due to the costs climbing alone have one "get out" system: sell later. They additionally just have one approach to be fruitful: trust the property keeps on appreciating. Any result other than these is essentially ensured to lose cash. During the emergency, when the music halted and the market quit climbing, a significant number of these alleged "financial backers" lost everything. The real estate market overall got a hard knock, yet was it real estate's shortcoming?

Shrewd financial backers don't wager on the appreciation alone. They buy properties on previously established proof that the property will create more pay than it expenses to possess. For these investors, "positive income" emphatically, they don't mind what the market does. In the event that costs rise, they have more choices. In the event that costs drop, they are protected. 


All things considered, appreciation, or the increase of the price of homes over the long run, is the way most of the income is accumulated in real estate . This is the "grand slam" you read and hear about when individuals make a huge bonus of cash. While costs vacillate, and as time goes on, real estate has consistently gone up, consistently, and there is not any justification to imagine that will change. 

One consideration with regards to property appreciation influencing your ROI is the way that appreciation joined with influence offers tremendous returns. For example; say you purchased a property for $200,000 and it appreciates to $220,000, your property had made you a 10% return. Notwithstanding, you probably didn't pay cash for the property and on second thought utilized the bank's cash. When you consider that you might have put 10% down ($20,000), you really have multiplied your speculation, a 100% return.

You should guide with a CPA for the nuances of this tax reduction, but the fundamental idea is that the public power considers property you buy to be continuously wearing out as time goes on, and comparable as equipment for a business you own and operate, you're allowed to limit that mileage. Not a horrendous plan to guarantee a property that makes you cash, can increase in regard, and moreover shields you from charges on track you make. 

One stipulation is this cost exemption doesn't have an effect to primary living spots. Speculation property charge is secured considering the way that it's seen as a business where you're prepared to limit your expenses. This isn't the circumstance in case you use the property as your super living spot, so guaranteeing hypothesis property gives you an advantage here.


Despite the fact that the name can be misleading, depreciation isn't the worth of real estate decreasing. It is really a tax rate term depicting your capacity to discount part of the worth of the actual resource annually. This altogether lessens the taxation rate on the amount of income you do make, giving you another explanation that owning property secures your dollar appreciation while developing it. 

Every year, the propery you own that you have put resources into, you can discount 1/27.5 of the property's esteem against the pay you've created. So for a house you purchased for $200,000, you would isolate that number by 27.5 to get $7,017. This is the sum you could discount the income you acquired for the year from that property. Ordinarily, this is beyond what the whole income and you can keep away from charges totally. 

You ought to seek counsel from a licensed CPA for the subtleties of this tax cut, however the fundamental thought is that the public authority considers property you purchase to be gradually wearing out over the long haul, and similar as hardware equipment for a business you own, you're permitted to discount that useage monetarily. Not an awful arrangement to claim a property that makes you cash, can increment in esteem, and furthermore shields you from costly tax charges on the income you make. 

One thing to keep in mind is this taxable expense exception doesn't have any significant bearing to ones own main place of living. Investment property taxes are shielded in light of the fact that it's viewed as a business allowing you to discount your costs. This isn't the situation in the event that you utilize the property as your main living place, so claiming venture property gives you a benefit here.


If cash flow and rental income is another favorite part of owning real estate, leverage is a close second. By nature, real estate is one of the easiest assets to leverage and maybe the easiest. Not only is it easy to leverage the financing of it, but the terms are incredible compared to any other kind of loan. Interest rates are currently below 4%, down payments can be 20% or less, and loans are routinely amortized over 30-year periods. What else can you invest in using financing with terms like that?

When done correctly, you can often buy real estate, improve it’s value, then refinance to recover 100% (or more) of your capital using a strategy to purchase, renovate, lease, refinance, and do it over again. In the circumstances where one doesn’t recover 100% of the capital, be mindful that with an ROI in the 50-90% range—all while adding equity to the property as well.

The influence of leverage is such a basic integral piece of land possession that we frequently underestimate it. What other place would we be able to get cash from A (the bank), take care of that advance with cash from B (the occupant), and save the difference? The to safe influence is income. In the event that you ensure your property delivers more pay than it expenses to possess, the actual influence doesn't make any difference so much. The individuals who "over value" the investment are the people who borrow such a great amount against it that they lose cash each month.

Mortgage Pay Down 

At the point when you apply for a new line of credit to purchase investment property, you commonly repay it with the lease cash from the occupants. Perhaps the most rewarding aspect of putting resources into real estate is the way that you are not only obtaining a positive cash flow, but on the other hand you're gradually squaring away your mortgage debt with every installment to the bank. 

In the start of these mortgages, a higher portion of the installment is going towards the interest of the loan, not the principle. So basiclaly this means that the amount at the start of the loan will not be making an impact on the original principle but rather towards the interest for a period of time. Gradually and with each new installment, a bigger part goes towards the actual principle rather than interest. 

With a degree of enough time, a decent amount of each installment falls off the balance of the loan, and prosperity is attained plus the month-to-month income. Herein lies the best part, it's your occupant taking care of this for you, not yourself and the property if maintained to some degree by the occupant. Taking care of your credit is another way income property contributes to develop your personal abundance in a passive manner, with every installment making you one stride nearer towards your financial goals.

Forced Equity 

This term is used to attribute to the increase of wealth that is made when a property owner tackles a job on a property to make it worth more. In contrast to appreciation, where you are helpless before the market and factors you can't handle, and thus permits the investor a choice where they can play a part in expanding their property values. 

The most widely recognized type of forced equity is to purchase a project-type (ie: "fixer-upper"), property and work on its condition thereby increasing it's value and potential. Paying under market value for a property that is in need of some necessities and updates, then, at that point adding new and updated projects such as, new deck, paint, flooring, and so on can be an incredible method to make additional income without an abundance of risk. While this is the most well-known strategy, there are others for consideration.

Numerous property investors will "force equity" value by adding highlights like additional rooms, washrooms, or square footage area. The goal is to research properties lacking the best number of amenities, and afterward add what they are missing to create the highest worth. 

Illustration of this would add a third or fourth room to a property with just two, adding a second washroom to a property with just one, or adding all the more area to a property with not exactly the encompassing houses. Openings like this can be found with a minimum of difficult work persistence, and the subsequent forced equity can have a major effect on your end balance total.


It may not be discussed regularly enough, however, inflation is an immense motivation behind why income property makes riches so intensely over the long haul. When you think about every one of the advantages of putting resources into owning real estate, then at that point incorporate inflation, it's astounding why more individuals aren't making the strides important to claim as much land as possible. 

Now consider what inflation means for income property costs. As a general rule, by and large, our cash supply becomes less and less valuable as time passes. As the worth of cash diminishes, the cost of labor and products increases. A large number of us underestimate this and don't ponder it much. Our grandparents remember how five pennies used to purchase a soda, or a sandwich could be bought for a dime. While it's not difficult to underestimate, it's really an  unintended  and well crafted wealth building instrument when used properly. 

The way to utilizing inflation to accumulate income in property lies in the reality that most of your larger costs of the mortgage and property taxes remain fixed for most of the time you own the property. At the point when you consolidate this with rising rents and home estimations because of inflation, you begin to see enormous outcomes. In the event that we know it's sensible to anticipate that inflation should proceed, why not put energy and focus into a resource where this will help you? 

Many individuals understand and appreciate that real estate can build income, however not every person gets why. We trust this focuses a little light on the reasons putting resources into income property can develop your riches so viably. 

There are numerous approaches to acquire capital abundance in America, yet real estate investment may be the most secure, steadiest, and least difficult approach to accomplish this goal.