You've probably seen numerous advertisements for Clever Investor from Cody Sperber. He promotes the opportunity in flashy and extravagant ways.
You might think it's too good to be true.
I was immediately intrigued by the software after watching a YouTube video that showed him inspecting properties at Chase bank for $18k.
The author suggested that even if you are a suckers real estate investor, it is still possible to make a lot from the leads you get by using his strategies.
Videos available everywhere
It can be insane to flip a house, without buying one, build it, and then not seeing it again for 30 days.
Can you make money signing up for his programs?
Can you flip homes for more than $10k in a matter of hours?
Is Clever Investor a fraud?
Many people fall into a trap without realizing it.
This review will focus on Clever Investor. We'll examine it to determine if it's the best real estate course.
We'll talk about whether or not real estate is the right business online.
These are common questions about Clever Investor and real estate in general.
This system is my real estate investment system for the rest of my life. It's the same skill set, but more lucrative.
What's Cody Sperber's Clever Investment?
Cody Sperber, a real-estate investor, founded Clever Investor.
These include mentoring, courses, and business automation software programs.
Cody is an expert in creating detailed content for merchandise.
He calls this "creative investment in real estate." This is a great way to buy innovative real estate that few people know about.
This organization has been awarded an A+ rating by the BBB, along with positive customer reviews.
Other complaints will also be discussed.
Who founded The Clever Investor LLC?
The Clever Investor was created by Cody Sperber from Mesa (AZ). While attending Arizona State University, Cody met Shannon.
Cody Sperber earned his business degree with an emphasis on finance and real estate. Shannon however chose to pursue a higher degree in physical therapy.
Cody and Brynlee met at ASU and were married in Mesa in 2005. They have two children, Hudson and Brynlee. Their bulldog Sully is also their pet.
Cody was interested in real estate investing while in college. Cody did not start full-time flipping until two years later.
Cody enjoyed his job as a bookkeeper and was excited to pursue his real estate dreams when Lyle, a friend of many years, suggested that Cody go to a Jack Miller workshop.
This training was so important in Cody’s journey that Lyle was called "The man behind Clever Investment". "
Cody entrusted Lyle with his business. Lyle helped Cody reorganize his real estate company and taught him how it worked.
Cody was successful in getting his business in order. He went on to turn 50 homes over the next twelve months.
Cody started Clever Investor LLC in 2010. Cody's support has enabled thousands of people to get into real estate investing.
Cody Sperber: Who are you?
1) Fast Track Profit System
This is Cody’s 6-step system.
Access to over twenty videos/audio training, a Business Plan, and all authorized contracts. You will also have access to checklists and other resources.
This is the center of the training.
- 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
The training covers many ways that you can make money with real estate. Renting properties can help you create wealth.
This website contains a lot of information. Compare rates with different lenders to find financing options.
2) 30 Day Deal Challenge
This 30-day challenge will show you how to make money from flipping houses, without actually buying them.
This plan will take you through a four-day process that should result in your first sale.
All necessary legal documentation is included.
This promotion is available online. It will be discussed more later.
Despite being advertised as "free", it can be misleading.
3) Clever Investor Mentoring
You can purchase this mentoring service with other items, or by itself.
One of the many mentors will assign you a Clever Investor mentor. They will keep you updated and answer all your questions.
There are many levels of mentoring available and each one comes at a different price.
- Total Immersion Costs $28,000
- Protege Program cost $14,000
- Apprenticeship costs $7,000
This program requires a significant financial investment.
4) Your First Flip
This program, also known as the "total home flipping program", is a step-by-step training course that will help you go from zero to your first flip.
Cody Sperber teamed up with Ken & Anita Corsini of HGTV's Flip Or Flop Atlanta to create this course.
This course is divided into six modules:
- Module 1: Participate In the Game - A summary of everything
- Module 2: Flip A House -Look for houses that are "flippable." "
- Module 3: Analyze Your Deal - This is how they evaluate deals before investing in cash.
- Module 4: The purchase of the property - This is the buying of a home.
- Module 5: Property Rehabilitation - These tips and advice can help you renovate.
- Module 6: You can cash in on your flip after renovations are completed.
5) Deal Automator
This software is sometimes called "all-in-one real estate investing automation". This software offers all: It automates the identification and capture of leads from sellers, analyzes qualities, and more.
This software is designed to make life easier for novices. It helps them track leads, find deals, stay organized and drive sales. The software has nine distinct characteristics:
- In a matter of minutes, create Motivated Seller Listings. This automatically searches multiple listing sites to find home listings that you can filter.
- 1-Click Lead Generation Sites You can be confident that your website will be easy to maintain.
- Instant Computer Generator: This feature analyzes properties and provides value estimates. Zillow remains available. Cody claims his site uses more data than other sources to provide more accurate estimates.
- Deal Analyzer: You can use this function to search for and add information to the app.
- Automated conversions
- Click and point contract generator: You can create any type of contract.
- Step-by-step deal organizer: This is where you can organize your deals.
- Exit Strategy Optimizer Tool - This tool will help you decide which investment strategy is right. It compares the income potential of different strategies side by side.
- Qualified buyers on demand: This device automates the marketing process and places properties instantly 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 listing contains Cody’s printing contacts and Cody’s division.
This will allow you to find higher equity properties as well as pre-foreclosure property.
While I am not certain if this stat is correct, he claimed that 90% of real estate millionaires receive their deals via direct mail... so it is clear that this method of advertising works.
Prices for Clever Investor Products
When you refer to the product funnels Cody created, it is hard to determine the price of a product/program.
It is a great thing that I did a lot of research and watched many webinars to figure out the cost of Clever Investor products.
Have a look at our 30 Day Deal Challenge
The 30 Day Deal Challenge has been heavily promoted recently. I'd be glad to talk more about it.
This is a creative way to invest in real estate. Flipping houses is possible without having to buy them or renovate them.
Make a profit by getting a house contract for a reasonable price.
This 30-day challenge provides step-by-step guidance and action plans for each week.
The 3-Step Process
1) Flip Deals
This statistic seems a bit off. Cody states that approximately 5% of homeowners want their homes to be sold quickly to get a better deal and to live in smaller communities.
He refers to these people as "motivated sellers", which is what you should be looking for. They don't have the patience to wait for asking prices.
Cody discovered these sellers and found many creative ways to get in touch with them, including sending postcards.
Real-life example: A house older than 20 years has been listed for $160k. It is expected to be worth $200k. It is being listed by the owner at $145k.
2 Controlling the Deals
The next step is to take control of the properties you are interested in.
Register for the program to get all contracts required to start the program.
An example of a real-life deal: The seller will sign the purchase-sale contract. The original listing price was $160k.
3 Flipping and getting paid
Turn the offer around and get paid
Then, you will advertise your home...
Real estate investors who are looking for properties to renovate will be most interested.
Once you find a buyer, the house will be promoted.
To facilitate the sale between the seller/owner (the owner) & the buyer/buyer(the buyer), you can complete an Assignment Agreement.
Real-life example: Now you need to sell the house.
The Process
It's a completely different experience from flipping houses. To make more money, you can resell the property without having to buy new houses or renovate.
While you might argue that it isn't worthwhile, it will enable people to quickly sell their houses.
The 30 Day Deal Challenge
1st Week: Marketing Yourself As An Experienced Real Estate Investor
Cody begins week one by visualizing the journey you will be taking over the next 30 days using a mindmap. Cody is passionate about sharing how to get people to use your service through a variety of channels. Cody uses a mindmap to illustrate the trip he'll be taking over the next 30 days.
Cody also shows how Cody got started:
- A simple website can help you build credibility and establish your business.
- Video syndication is a method to drive traffic to YouTube videos via multiple websites. With just one click, you will receive a guide that will show how to rank your videos higher up.
- An email marketing service like Constant Contact or Aweber can be used.
- Create a Google My Business Profile
Cody does an excellent job of helping to build the foundation for success. This is just the beginning. This may have been a brief overview of CRMs and some suggestions to get started with Customer Relationship Management.
2nd Week: Investment Team building and Business Licenses Your Local Market
Cody’s second training week focuses upon three key points:
- To protect your business, create an LLC
- Working together with professionals to build your Real Estate Investment Machine
- Single-family homes can be classified on your local market
Cody begins the second week with a guide that will help you create a legal entity for your Real Estate Flipping Business.
Cody suggests that you get a limited liability company license. This license allows you to avoid tax, protect your assets, and reduce tax liability.
Next, he describes how to form a group of investors in real estate.
To get involved in the real estate wholesale business, you'll need to build a team.
- A mentor can help you achieve your goals.
- Cody, a Farmer's Insurance agent, recommends Farmer's Insurance due to the high rates and ease of use.
- An accountant with a good understanding of the inner workings of real estate
- Remodeling contractor to restore run-down homes
- An attorney for real estate will prepare the necessary legal documents
Cody ends the week by listing four possible areas in which family homes can be sold in your locality. To help you decide whether to try to flip properties in these areas, he also provides a rating system.
Third Week: Analyzing Your Deals and Key Real Estate Terminology
Cody will discuss important acronyms in real estate such as ARV. He'll also show you how to sign up online for e-Newsletters.
He explains the 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 is a busy person who spends a lot of time breaking down the training. This will teach you how to present yourself, find investors and start a relationship.
Cody encourages people to contact Section 8 real property investors and Foreclosure auctioneers after they have been in touch.
Cody wraps up this week with two online publications on real estate that will help make you an expert in your field.
Fourth Week: Basic negotiations and handling of a hooked deal
Cody discusses negotiating strategies and proven methods to get the best offers.
What's the best part about it? It's how you design your offer.
People like options, so it is important to offer multiple funding options. Sellers will be able to market and complete their property in their own way.
Cody shares these three strategies to negotiate:
- Use rude Loss Mitigation Negotiators to get your way
- Deal management using ultimatums using methods to keep it alive
- The building is the most important characteristic of great negotiators.
When you begin your first deal, there will be many obstacles. Don't give up!
The persevering person wins.
After Cody's training and strengthening my negotiation skills, I was ready for the challenge.
I am proud to say that I have achieved great returns from my investment time.
Although not all businesses are easy to run, I believe that recurring income is more lucrative than one-time income.
What can clever investors do?
Many people think they can make a million bucks overnight.
Individual results may vary. Experienced agents have many years of experience in real estate.
Clever Investor's website contains a small disclaimer at the bottom. It says: "Any claims regarding income are estimates or examples, and should not be considered as typical."
This link will take you to another earnings disclaimer. The clever investors did some research to see how their students were doing.
Earnings Survey - Every Fast Track Profit System customer received an email asking for their progress.
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 for approximately 50% of respondents for significantly less time than three hours per week
Advertising to generate leads (122/280 = 43.6%)
Since the program began, I have made real estate investments.
(31/280) = 11.1%
Quick flip (wholesale) was completed at an average price of $19,772
Only thirteen responses = 66.7%
On average, a Fix and Flip (rehab) cost $21,500
Only 9 people responded: 50%
I was initially shocked by the results. However, I kept going.
Fast Track Profit System students only responded to 501 questions. But, few students answered questions like how much they made.
These numbers provide an indication of what is possible but don't give any guidance as to what's average or typical. Clever Investor didn't respond to this survey.
Real estate can be a very lucrative business. To be a successful real estate investor, however, you have to put in the work (which can be hard).
I was able to launch my online business with the help of this course. This course teaches you how to make your online business more profitable while retaining the same skills you would use in real estate.
Is The Clever Investor Training Worth It?
Cody's course makes a great investment.
This program is excellent for training, but it's not the best for real estate education.
The Clever Investor is able both to give excellent teaching and provide practical training.
The course Codey provides more information than the course costs.
Maybe my problem isn’t whether you should or shouldn’t buy the training course but when.
You won't get the course if you don't have enough cash.
To get started on property, you will need significant capital. There will also be expert costs such as a lawyer or contractor.
Most Frequently Asked Questions
What does Clever Investor cost?
Despite video marketing claims, it costs ninety-seven bucks to get started.
Clever investor scam?
It's not a scam.
While Cody and his team might make it seem terrible at first, their products are really great.
It is possible to start a successful and profitable real estate business.
It is not Clever Investor. This provides real proof of success by people who were there only a few days ago.
What Clever Investment Pros & Cons are?
THE PROS OF A CLEVER INVESTOR
THE CONS OF CLEVER INVESTOR
Clever Investor offers a customer service
These programs provide assistance, particularly for beginners.
Many members are happy with the support they have received.
It's not clear what they purchased. This is the reason I don’t believe they will offer exceptional support.
Mentoring programs provide the best support.
Lead Money has been voted the #1 recommendation for making money online in 2021
These are the areas where Clever investor Scalability falls short. You must be able to scale your business to reach national audiences.
What would you do if you could go local?
Local Lead Generation will allow you to receive service requests from numerous sites at all hours of the day. These people will pay a lot to have what you have to give them.
One YouTube The host commented that it was not about making lots of cash on one website but making a few dollars from many websites.
Consider it.
What if you could generate a steady income by renting out 10 units to tenants for $750-1,000 per year?
Passive income ranges from $7,500 to $10,000 per month.
What would you do if 100 units were yours?
You don't have to spend $Millions of building homes and apartment complexes. Instead, you can just spend a few hundred dollars creating websites.
These websites are then ranked in search engines to show the relevant home-based services customers are searching for.
Next, make sure to offer your lead generation service to local business owners who are looking for customers. You will be paid for this information.
Then...
BAM!
Your Digital Real Estate Investment Empire has just been built. It could earn you up to 4-5 figures per month in passive income, without spending a penny on advertising.
You'll be competing against thousands, if not millions, of digital real estate sellers selling the SAME product to the SAME clients.
Once the program is completed, you will be able to access a Facebook Group we believe is better than the Clever Investor Group. This group has more activity.
Clever Investor earns $10 per trade, but you could earn 10-20X more
Local Lead Generating is a great way for you to lower competition and increase your profits up to 85-90%.
Many questions are likely to be asked about How to build your digital empire, and create Digital Real Estate...