What is Tom's typical transaction from a sub-to perspective?

What are Tom's favorite tools that make his job easier?

Is finding leads for sub-to deals easy?

Tom Ely was born and raised in Memphis, TN, The Home of the Blues and The Birthplace of Rock 'N' Roll. From an early age, music was his passion. He started playing guitar at 13 years old, was in his first rock band by 14, and had dreams of being a Rockstar. At the age of 23, and with no record contract, he went back to college and then went on to a career in Information Technology. With some hard work and determination, he moved up, becoming an Engineer and then a Manager, while making a six-figure salary. Growing very weary of Corporate America, and working for someone else, he decided to make a change and became a Real Estate Investor.

He started his journey in Real Estate investing in April of 2015 and left his corporate W2 job in January of 2017. Tom prefers to acquire Single Family homes via 'Subject to' or Owner Financing and rent them out as either a Lease with Option to Purchase or a Short-Term Rental.

Tom also provides Hard Money loans to Investors for Fix and Flipping properties, as well as for BRRRR strategies.

Tom is married to an amazing, beautiful, and talented woman, Frances Ely. This year they will celebrate their 20th wedding anniversary. They have three awesome kids, one cool dog, and a crazy cat.

What You Will Learn

• Tom's business model when buying subject to.
• How Tom typically finds leads for sub-to deals.
• Tom's favorite tools that help him make his job easier.
• Tom's advice for new investors who are just getting started in real estate.

Mentioned in This Episode

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You can contact Tom at [email protected]

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