EP 073: Real Investor Series with Tom Ely

Mar 8, 2021

Ask episode

Chapters

Transcript

Episode notes

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

Looking for the BEST Follow-Up Product You Can Get? Take a Look at REI Blackbook!

You can get in touch with William at william@sub2deals.com.

Interested in the Sub2Deals Group Coaching with William? Get more details here.

Our Facebook Group - The Sub2 Forum - www.Sub2Forum.com

You can contact Tom at tomely@gmail.com

Like the Podcast?

If you enjoyed this podcast, please leave a review below or on Apple Podcast.

FREEBIES: Want to Buy Houses with William? Join our JVP Program! Schedule a FREE 15 Minute Consultation Call: https://www.sub2deals.com/joint-venture-partner/

Want to Be a Part of the BEST Subject To Coaching Group on Facebook? Learn How to "Get the Deed!" Join us Today! https://www.sub2deals.com/group-coaching

Get Our FREE Seller Negotiation Course: http://podcast.sub2deals.com/how-to-negotiate-with-real-estate-sellers/

Get Our FREE Real Estate Investor Business Plan: http://podcast.sub2deals.com/free-business-plan/

Get the BEST Tools for Real Estate Investors Here: https://www.sub2deals.com/tools

Follow Us on Social Media:

Facebook: https://www.facebook.com/Sub2Deals/

Facebook Group: https://www.Sub2Forum.com

YouTube: https://www.youtube.com/sub2deals

Twitter: https://twitter.com/sub2deals

Instagram: https://www.instagram.com/sub2deals/

Pinterest: https://www.pinterest.com/sub2deals/

The Sub2Deals Show Podcast: https://www.Sub2Podcast.com

Website: https://www.Sub2Deals.com