Most likely, you've seen many advertisements for Clever Investor by Cody Sperber. He often promotes the opportunity in extravagant and flashy ways.
It's possible it might seem too good to be true.
After watching a YouTube advertisement that showed him inspecting properties for $18k at Chase bank, I was instantly intrigued by the software. He claimed that he can close real estate deals like clockwork, and has "cracked" the code to market.
He suggested that even though you're a sucker real estate investor, you can still make a lot of money from the leads you receive by using his strategies.
Videos are available everywhere
Flipping a house without purchasing one, building it, and then not even seeing it for 30 days can seem insane.
Can you make money signing up for his programs?
Is it possible to flip homes for more than $10k in just a few hours?
Is Clever Investor a fraud?
Many people fall for a trap and don't realize it.
In this review, we'll be looking at Clever Investor to see if it is the best course in real estate.
Let's talk about whether real estate is the right online business for you.
Here are some answers to common questions regarding Clever Investor and real estate in general.
This system is my real estate investment for life. It uses the same skills, but it's more profitable.
What's Cody Sperber’s Clever Investment?
Cody Sperber was a real estate investor who founded Clever Investor. You can find a range of educational products that will help you make more money from real estate.
These services include mentoring, courses, and a business automation software programs.
Cody is an expert at creating detailed content for merchandise. He even made HGTV stars to teach you how to make his products.
This is what he calls "creative investing in real estate." It's a way to purchase innovative real estate that not many people know about.
The BBB has awarded this organization an A+ rating, as well as positive customer reviews.
I'll also be talking about other complaints.
Who founded The Clever Investor LLC?
Cody Sperber, Mesa (AZ), produced The Clever Investor. Cody met Shannon while attending Arizona State University.
Cody Sperber received his business degree, with an emphasis in finance and real estate. Shannon, however, opted for a higher degree and became a doctor in physical therapy.
After graduating from ASU, Cody and Brynlee were married in Mesa in 2005. Their children are Hudson and Brynlee. They also have a bulldog named Sully.
Cody became interested in real estate investing during college. Cody didn't start full-time flipping until 2 years later.
Cody was happy in his bookkeeping job and realized his real estate goals when Lyle, a long-standing friend, suggested that Cody attend a Jack Miller workshop series. Between the 80s and his passing in 2009, Jack was a real-estate OG.
This training was so crucial in Cody’s journey, Lyle was called "The man behind Clever Investment."
Over the next few decades, Cody trusted Lyle as his coach. Lyle assisted Cody in reorganizing his real estate business and taught him how to use it.
Cody was able to get his business in order and he went on to flip 50 homes over the next 12 months. This was the beginning of his first rental portfolio.
In 2010, Cody founded Clever Investor LLC. With Lyle's continued support, Cody has helped thousands to get started in real estate investing.
Cody Sperber: Who are you?
1) Fast Track Profit System
This is Cody's 6-step system.
Get access to more than twenty videos/audio training, a Business Plan, and all authorized contracts. Checklists and other resources will also be available.
The center of the training is
- Module 1 - Getting Started
- Module 2: Marketing and Lead Generation
- Module 3 - Deal Analysis & Negotiation
- Module 4 - Property Acquisition
- Module 5 - Funding Your Deals
- Module 6 - Closing your Deals
This training includes many different ways you can make money in real estate. Some of these are very innovative, including the ability to flip houses without renovations and creative lease options. You can also rent properties and create wealth.
This website has a lot of information. Compare rates from different lenders to find financing deals.
2) 30 Day Deal Challenge
This 30-day challenge will teach you how to generate income from flipping houses without having to buy them.
Follow a four-day-long plan that will hopefully result in your first sale.
All legal documentation that you may need is included.
You can find this promotion online anywhere. It's available online everywhere. I'll talk more about it later.
Although it is advertised as "free", this is somewhat misleading.
3) Clever Investor Mentoring
This mentoring service can be purchased with other items or by itself.
One of the many teachers will assign you a Clever investor mentor. They'll keep you informed and answer any questions.
There is a variety of levels of mentoring that are available, and each one costs a different amount.
- Total Immersion Costs $28,000
- Protege Program cost $14,000
- Apprenticeship costs $7,000
This program will require a serious financial investment. According to reviews, teachers are highly educated and will provide a lot of help, but may not have the necessary knowledge about your particular endeavors.
4) Your First Flip
This program is also called the "total home-flipping program", and it's a step by step training course that will take you from zero to your first flip.
Cody Sperber teamed with Ken & Anita Corsini from HGTV's Flip or Flop Atlanta to build this course.
The course is presented in six modules:
- Module 1: Participate in the Game- A summary of everything
- Module 2: Flip a House -Look for homes that are "flippable."
- Module 3: Analyze your Deal- This is how they assess deals before investing in cash.
- Module 4: Purchase the Property-The buying of a house.
- Module 5: Property Rehabilitation-These tips and advice will help you renovate your home.
- Module 6: Cash in on your flip- After renovations are complete, you can put the property on the market.
5) Deal Automator
This software is also known as "all in one real estate investing automation." This software basically offers everything: it automates the identification of discounted deals, captures leads from sellers, and analyses qualities.
This software makes things much easier for beginners and helps them find good deals, track leads, stay organized, and ultimately drive sales. This particular software program features nine distinctive characteristics:
- Create Motivated Seller Lists in a Matter of Minutes: This searches multiple listings sites automatically to locate home listings that you can filter. Cody claims that this analysis analyzes every US home listing.
- 1-Click Lead Generation Sites: You can create a website with this website builder that will generate leads. The website builder makes it simple to create a website. However, you can rest assured that your website will be easy to maintain.
- Instant Computer Generator: This feature analyses properties and gives value estimates. Zillow is still available. Cody however claims that his site uses more data from other sources to give more accurate estimates.
- Deal Analyzer: This function allows you to find and add details to the app. It will display information about your home to determine if it's a good deal. All kinds of statistics are possible.
- Automated conversions: Access to the automated follow-up message program will be granted. This program allows you to immediately follow up with prospects via voicemail or e-mail. Cody also created direct mail templates.
- Click and Point Contract Generator: You can customize any type of contract.
- Step by step deal organizer: Here, you can keep your deals organized. It includes contact information as well as a process checklist.
- Exit Strategy Optimizer Tool: This tool will assist you in deciding which investment strategy is right for you. It shows the potential income and compares different methods side by side.
- Qualified Buyers on demand: This device automates marketing. This device instantly places properties on the market in multiple locations.
6) Direct Mail Dealmaker
The Direct Mail Dealmaker is about making deals by sending traditionally-fashioned direct mail... and it is referred to as "push button direct mail fulfillment. "
This item contains Cody's printing contacts as well as Cody's division. They can be used to send direct mail, but you don't have to.
This system will help you find higher equity properties and pre-foreclosure properties.
Although I'm not sure if this statistic is accurate, he claims that real estate millionaires get 90% of their deals through direct mail... so there is little doubt that this type of advertising still works.
Prices for Clever Investor Products
It is difficult to figure the price of a product/program when you are referred to the product funnels Cody has created.
I am very grateful that I did lots of research and watched many webinars in order to determine the price of Clever Investor products.
Take a look at the 30 Day Deal Challenge
Recently, the 30 Day Deal Challenge was heavily promoted. It is a very popular topic, so I would be happy to discuss it more.
This is a creative method of investing in real estate. You can "flip" houses without actually purchasing them or renovating them.
Get a house contract at an affordable price and then make a profit.
This 30-day challenge offers step-by-step guidance as well as action plans for each week. Also included are flashcards, negotiation scripts, and contracts.
The 3-Step Process
1) Flip Deals
I'm not sure if this statistic is accurate. Cody says that about 5% of homeowners want to sell quickly in order to get a better price and live in a smaller community.
He calls these people "motivated sellers", and that is exactly what you should be searching for. They are not able to wait for the asking prices.
Cody found these sellers and had many creative ways to reach them, including by sending postcards.
Real-life example: A house that is older than 20 years is being listed at $160k. It is likely to be worth $200k. The spouse of the owner is responsible for huge hospital bills which must be paid promptly It is being offered for sale at $145k by the owner.
2 Controlling the Deals
Next, you will need to acquire control of the houses you are interested in. These agreements are called Sale and Purchase Agreements.
Sign up for the program and you will get all the contracts necessary to start the program.
Real-life example: The seller will then sign the purchase sales contract. This agreement can be used for innovative sales transactions. This agreement allows the buyer and seller to enter into a real estate transaction. You are not buying the property. The seller will sign an agreement to purchase the house. It was originally listed for $160k.
3 Flipping and getting paid
Get paid by turning the offer around.
Then, you will advertise your home...
Investors in real estate who are looking to renovate properties will be the most interested.
The house will be promoted once you have found a buyer. Remember, however, that you haven’t actually purchased the house.
You can fill out an Assignment Agreement to facilitate the sale between the seller (the owner) and the buyer/buyer (the buyer).
Real-life example: You now need to market the home. It's most likely worth $200k. If you can sell it for $145k, you make money.
The Process
This is a totally different experience than you might think when flipping houses. You can resell the property to make more money without needing to purchase any new houses or renovate.
Although you could argue that the transaction isn't worth anything, it will allow people to sell their homes as quickly as possible.
Breakdown of the 30 Day Deal Challenge
1st Week: Marketing Yourself As An Experienced Real Estate Investor
Cody starts week one by visually illustrating the trip you'll be taking over the next 30 days using a mindmap. Cody is passionate to share how to get people to find your service via a variety of channels. Next Cody shares everything from traditional signs and one-on-1 meetings to creating squeeze pages online or capturing videos that show your expertise.
Cody also shows how Cody got started:
Cody does a great job in helping to lay the foundation for success. This is only the first week. This might have been a quick overview of CRMs, and some suggestions for starting with Customer Relationship Management.
2nd Week: Investment Teambuilding and Business Licenses. Your Local Market
Cody's second training week focuses on three key points:
- Create an LLC to protect your business and you.
- Working with professionals to build your Real Estate Investment Machine
- Single-family homes can be classified in your local market
Cody starts the second week with a guide to help you create a legal entity to allow you to operate your Real Estate Flipping Business.
Cody recommends that you obtain a limited Liability Company License. This license provides tax freedom, protection, and tax liability.
Then, he explains how to create a group of real estate investors. He stresses that real estate flipping does not have to be a solo venture.
To participate in the real estate wholesaling business, you will need to create a team of experts.
- A mentor can help you achieve your goals.
- A Farmer's Insurance agent (Cody) recommends Farmer's Insurance because of the high rates and also because they are easy to work with. It doesn't really matter if you have the right level of protection.
- An accountant who is familiarized with the inner workings of real estate
- Remodeling contractor to restore run-down homes
- A real-estate attorney will prepare the appropriate legal documents
Cody concludes the week by listing four areas where family homes could be sold in your area. He also offers a rating system to help you decide if you should try to flip properties within these categories.
3rd Week: Analyzing your Deals and Key Real estate Terminology
Cody will cover important acronyms in the real estate industry such as ARV. He will also explain how to sign up for e-Newsletters through many online forums.
He explains these key terms and formulas.
- Monthly Cash Flow Formula
- Maximum Allowable Offer (MOA)
- After Repair Value (ARV)
- Capitalization Rate
- Lending to Value
- Cash on Cash Returns
Cody spends much of his time during the week breaking down the training. He will show you how to present yourself, find investors, and start a relationship.
Cody encourages people to contact Section 8 real estate investors and Foreclosure auctioneers once they have been in touch.
Cody concludes this week with two online publications about real estate that will help you become an expert in your field.
4th week: Basic negotiations and handling a hooked deal
Cody talks about negotiating techniques and proven methods to obtain the best offers.
The best thing about is the way you design your offer.
People love options so you should offer multiple funding options. Motivated sellers will appreciate this. They are able to market their property and get it done in their own way.
Cody shares the following three strategies for negotiating:
- Use rude Loss Mitigation Negotiators to get your way
- Deal handling using ultimatums using techniques to keep it alive
- The building is the number one characteristic of great negotiators.
There will be many hurdles when you start your first deal. Don't give up!
Those who persevere win.
I was ready to take on the challenge after Cody's training in negotiation and strengthening of my deal-making skills.
I can say that I have seen great results from my time spent investing.
While not all businesses can be run in a simple way, I believe certain business models work better than others. A recurring income is more profitable than a one-time income.
What can clever investors do?
Many people believe that they can make a million dollars overnight.
Individual results can vary widely. Many experienced agents have years of experience in the real estate industry.
Clever Investor's website has a section at the bottom that contains a small print disclaimer. It states: "Any claims about income are estimates or examples of possible income. These should not be taken as typical. "
A link to another earnings disclaimer can be found here. Clever Investor did research to find out how their students were doing.
The Earnings Survey- Each Fast Track Profit System customer was emailed to find out their progress. These statistics are based on 501 responses.
Real estate experience
- 46.9% - 0-6mo
- 6.mo-1yr: 17.3%
- 9.8 percent for 1-2 Years
- 2.-5 Years: 10.7%
- Up to 15.3 percent
Licensed real estate agents: (39)/307 = 12.7%
Time Spent: The system was used by approximately 50 % of respondents for significantly less than three hours each week
Advertising to generate leads: (122/280 = 43.6%
I have made real-estate investments since the program was started.
(31/280) = 11.1%
A quick flip (wholesale), was completed at an average cost of $19,772
From just thirteen responses = 66.7 %
A Fix and Flip (rehab) was completed for an average $21,500
Only nine people responded: 50%
The results of this information initially surprised me. It seems to be a fragmented collection of information, however, so I continued my exploration.
There were only 501 responses from Fast Track Profit System students. However, very few answered questions such as how much they made.
These numbers give an indication of what's possible, but they don't provide any guideline as to what's typical or average. This is because Clever Investor did not respond to this research.
Real estate is a lucrative business. However, you must put in the effort (which can be difficult) to become a successful real estate investor.
Overall, is The Clever Investor Training worth the Money?
Cody's course makes a great investment.
This program is great for training but not the best in real estate education.
The Clever investor is able to provide both excellent teaching and practical training.
Cody is a course that delivers more information than it costs.
Perhaps my problem isn’t whether or not you should buy the training course, but when.
If you don't have enough money, the course won't be available to you.
You will need substantial capital to get started in physical property. Advertising supplies will be required (signs, sites, dialing systems, etc. ). Besides expert costs like a lawyer or contractor, there will also be costs associated with physical real estate.
The Most Commonly Asked Questions
What does Clever Investor cost?
Despite the claims of video marketing, the cost to start the task is ninety-seven dollars.
Clever investor scam?
I don't think it's a scam.
Although Cody and his team may make it seem like a terrible deal at first, they are far from it. Their products are truly great.
You can start a profitable and successful real estate company. There are many other ways to make money.
It's not Clever Investor. It provides real proof of success from people who have been there just a few days ago.
What are the Clever Investment Pros and Cons?
THE PROS AND CONS OF A CLEVER INVESTOR
THE CONS OF CLEVER INVESTOR
Clever Investor offers a customer service
These programs provide assistance, particularly for beginners.
Many members have positive feedback about the support they received.
It is not clear what they bought. This is why I don't think they will provide exceptional support.
Mentoring programs will provide you with the best support.
eMoney Kings is the #1 Recommendation for Making Money Online in 2022
These are the places Clever investor Scalability is where the website falls short. You can't make a lot of money by just having one or two websites. To reach people at a national level, you need to be able to scale your business.
What if you were to go local?
With Local Lead Generation, you will receive service requests from many sites every hour of the day. These people are willing to pay a lot for what you have to offer them.
One YouTube video I watched had the host comment that it wasn't about making lots of money on one website, but about making a little money from many different websites.
Think of it as.
Imagine if you could make a steady stream of income by renting 10 units to tenants that you could rent for anywhere between $750-1,000 per month.
Passive income is $7,500 to $10,000 per month.
What if you invested in 100 rental units?
Instead of spending $Millions on building houses and apartment complexes, you can spend just a few hundred dollars on websites.
These websites will then be ranked in search engines for the specific home-based services customers are looking for.
Next, offer your lead generation system for local business owners looking for customers. They will pay you for this information.
And then...
BAM!
You have just built a Digital Real Estate Investment Empire which could potentially earn you 4-5 figures per month in passive income without having to spend a dime on advertising.
You will be competing with thousands, if certainly millions, of other digital real estate sellers who sell the SAME product and to the SAME customers.
After the program is complete, you will have access to a Facebook Group that we think is better than the Clever Investor group. This group is more active.
You could be earning 10-20X more than Clever Investor where you only make $10 per trade.
Local Lead Generation is a great way to reduce competition and increase your profits by 85-90%.
You probably have many questions on how to build your digital empire and create Digital Real Estate...