If you’re looking to get into real estate investing, you may have come across Clever Investor, an online education program created by Cody Sperber. He offers courses, coaching, and different types of information products – all intending to teach people how to invest in real estate. In this review, we’ll take a look at the courses that Clever Investor offers and see if it’s worth your time and money.
About Clever Investor
Clever Investor LLC was founded by Cody Sperber in 2010. The business got its start with a small team that promoted a novel approach to real estate training. The company quickly developed into a legitimate force in the real estate e-learning space as it began creating innovative tools and software to better help its students, as well as providing a variety of coaching and mentoring packages, seminars, hands-on workshops, done-with-you, and done-for-you dealmaking services.
They introduced The Fast Track Profit System, their flagship training program, in 2012. They made it extremely cinematic, information-packed and filled with movie-type characters and outlandish scenes. They dubbed this style of training “edutainment.” They broke the industry mold with this interactive learning method and garnered great success.
Fast forward to today, the Clever Investor website has a product line that consists of online courses, software tools, a gamut of resources and free downloads, events, webinars, and masterminds.
About Cody Sperber
Cody Sperber is a Navy Vet turned real estate investor. He’s one of the most famous real estate educators in the U.S. In total, Cody has flipped over 1,000 dealsâworth more than $200 millionâand counting. Throughout the process, he has been involved in a wide range of real estate transactions, including wholesale deals, short sales, multi-unit, subject lease options, and his own unique investing technique, the reverse short sale.
Up to this day, he is still very active as an investor. It’s been said he closes real estate deals in the 7 to 15 range per month. His net worth is estimated to be around $20 million and
Clever Investor Courses
Here’s an overview of the 4 online courses that Clever Investor currently offers.
Fast Track Profit System
The Fast Track Profit System is Clever Investor’s most comprehensive educational program to date. This six-step system comes with more than 20+ top-notch video training modules, bonus audio training, legal documents, and other materials you need to start making money in real estate right away. The system focuses on developing four main profit centers, including wholesale sales for an immediate return and purchasing rental properties for long-term wealth.
The Fast Track curriculum contains the following:
Lesson 1- Setting Up Your Business
- Setup and systematized your business
- Real Estate Investing Fundamentals
- Building basic business systems
- Building your real estate team
- Forming a millionaire mindset
Lesson 2- Marketing
- Marketing & lead generation
- Marketing funnels
- Building your cash buyers list
- Social media & SEO
- Direct mail & bandit signs
Lesson 3- Analysis and Inspection
- Deal analysis fundamentals
- Speaking to owners & evaluating properties
- How to Find Accurate Comps without the MLS
- Calculating ARV and MAO
Lesson 4 – Property Acquisition
- Negotiation strategies and techniques
- How to find seller motivation and use it for negotiating
- Knowing your value
- How to use the time to your advantage
- Common terms to negotiate
- Understanding and completing contracts
Lesson 5 – Funding and Strategy
- Funding options for REI
- Quick flip wholesale training
- Understanding the rehab process
- Real rehab case study & video
- Common terms to negotiate
- Codyâs Fix and Flip Guide
Lesson 6 – Closing Deals
- Selling your deal
- Marketing your deal
- Buyer paperwork and contracts
- Understanding closing costs
- Settlement statements
- Closing checklists and state guides
30-Day Deal Challenge
This challenge was created to motivate and inspire people to do their first house flip quickly. The reasoning is that once you’ve cashed your first check, you’ll understand the significance of that first deal. And as you gain confidence and knowledge, you’ll be able to see a clear path to wealth through real estate.
The 30-Day Deal curriculum contains the following:
Week 1 – Learn the Art of the Deal
- Getting comfortable with filling out lead intake forms
- Influence versus manipulation
- The 6 main goals during the first phone call
- How to overcome objections
- Where to find leads
Week 2 – Practice makes perfect
- Getting comfortable with cold calling
- The mindset of âNoâ and the feeling of rejection
- Creating a follow-up system
- Sending offers
- When should you set up an LLC?
Week 3 – Acquire Your First Property
Doing your due diligence on a property
- How to pull property tax records
- How to find accurate comps without the MLS
- Calculating ARV and MAO
- Understanding and completing the PSA or assignment contracts
Week 4 – Closing your first deal
- Why negotiation is important
- How to find seller motivation and use it for negotiating
- Knowing your value
- How to use the time to your advantage
- Common terms to negotiate
Your First Flip
The curriculum is perfect for real estate investors of any experience level, including the more seasoned investors, and covers advanced lead generation strategies, deal analysis, optimizing your systems, and how to make the most out of your time.
The course curriculum includes:
Module 1 – Build Your Business
- How to set up your business
- Real estate documents and instruments
- Finding and building your power team
- Online tools, automation, and organization
- Getting in the millionaire mindset
Module 2 – Finding Profitable Properties
Generate leads using proven techniques
- Digital marketing automation and YouTube
- 14 ways to build your cash buyers list
- Finding deals through agents
- Social Media REI Training
Module 3 – Analyzing Your Deal
- Analyze and comp properties for profitability
- Understand and use inspection reports
- Know when to flip or rehab a property
- How to calculate rehabs, rentals, and lease options
Module 4- Acquiring The Property
- Learn how to acquire a property
- How to overcome seller objections
- Understand Purchase and Seller agreements
- How to fund your deals and get capital
Module 5 – Rehab Without Work
- Rehabbing fundamentals and skills
- How to hire, pay and plan for permits
- Estimating repairs and profitability
- Source building materials like a boss
- Hiring your crew and managing it
- Real-life rehab Case Study
Module 6 – Closing Your First Deal
- How to complete your deal
- Wholesaling or rehab exit strategies
- Understand the paperwork and terms of sale
- How to stage your home and use professionals
- How to find the best Realtor
- Creative selling strategies for profit
Quick Flip System
This online training program breaks the quick flip system down into three easy steps. You can run a part-time or full-time real estate business using this lean business model on a tight budget without using credit or cash.
Course Curriculum:
Module 1 – What is Wholesaling
- What is wholesaling when it comes to real estate
- What are the different types of wholesale deals
- What is title vs. deed and control vs. ownership
- The evolution of a wholesale deal
- The main skills needed to be a wholesaler
Module 2 – Setting Up Your Business
How to set up your wholesaling business
- Which power team members are important
- The 2 things we look for in every deal
- My general overview for processing leads
- How to use the MAO formula to make offers
- Which 2 types of buyers will want your deals
Module 3 – Completing Wholesale Deals
How to choose a target market
- Who to network with and how
- Building a cash buyers list
- Finding an investor-friendly real estate attorney
- How to practice with free leads
Module 4 – Agreements and Forms
How to fill out a p&s agreement for the acquisition
- How to modify the agreement (vacant vs. Occupied)
- How to fill out a p&s agreement for the disposition
- How to modify the terms of the agreement
- What is an âassignment of contractâ
- When should you use the âassignment methodâ
Module 5 – Deal Analyzer
- How to fill out an assignment form
- How to use the deal analyzer calculator
- What your maximum allowable offer will be
- Profit and return estimates
Module 6 – Marketing and Digital Marketing
- Show you the âOld Schoolâ way of doing things
- Show you the âNew Schoolâ way of doing things
- Using Digital Marketing to find deals
- Implement simple systems to convert your prospects into profitable leads
- How to use automation and big data to increase your leads
Pricing
Clever investor courses are priced reasonably overall. The mentoring program though is pretty pricey. Mentorship ranges from $7,000 to $28,000.
- Fast Track Profit System â $297
- 30-Day Deal Challenge â $97
- Your First Flip â $497
Pros and Cons
The Good Stuff
- Information packed and has a lot of value
- Well-laid-out innovative strategies and step-by-step instructions
- Content is created by true experts
- Good customer support
- 30-day money-back guarantee
The Bad Stuff
- Cody Sperber is Super salesy
- Advertising can be obnoxious
- Complicated sales funnels
Alternatives
Here are some top-rated real estate investment courses that you mind find to your liking if you feel that Clever Investor doesn’t suit your needs.
Wrap Up
Investing in real estate is great when you have the capital. It’s literally a situation where you need to burn money to earn money. So if you don’t have money to burn, the real estate flipping business is not for you.
Now if you do have the finances for it, enrolling in a creative real estate investing course like what Clever Investor has to offer is a great idea. They’ve got everything you need to get you going. They even have real estate investing automation tools that can be a lot of help. But is it a can’t-miss course that blows everything else out of the water? No. Other courses are just as good. And honestly, there are even free resources online that are up to par with it. You just need to do a little digging.
FAQs
How much do real estate agents make?
According to the latest statistics, real estate agents make around $84,000 per year
How much does a real estate license cost?
Depending on where you take the required education course, which can cost anywhere between $300 and $1,000, the price of a real estate license can change. Budget an additional $100 to $200 for your state licensing exam, fingerprinting, background check, and real estate license application fees, bringing the total to $500 to $1200.
Clever Investor Refunds
Any refund requests must be received within the product’s designated refund period as outlined in our Terms of Service.
Clever Investor does not refund programs or subscription payments beyond those time frames.
Subscription cancellations must be received 5 days before the bill date to avoid billing.