{"id":30664,"date":"2026-09-15T12:25:13","date_gmt":"2026-09-15T12:25:13","guid":{"rendered":"https:\/\/ark7.com\/blog\/?p=30664"},"modified":"2026-09-23T12:31:01","modified_gmt":"2026-09-23T12:31:01","slug":"cody-sperbers-clever-investor-review","status":"publish","type":"post","link":"https:\/\/ark7.com\/blog\/articles\/cody-sperbers-clever-investor-review\/","title":{"rendered":"Cody Sperber&#8217;s Clever Investor Review 2026: Cost, What You Learn, Is It Worth It"},"content":{"rendered":"\n<p>The real estate education industry is growing fast, the certification and training services market is projected <a href=\"https:\/\/www.marketresearchfuture.com\/reports\/real-estate-certification-and-training-services-market-67677\">to reach $9.0 billion<\/a> by 2035 at a 4.58% compound annual growth rate. That growth has produced hundreds of programs, and Clever Investor, the wholesaling education platform built by Cody Sperber, is a notable real estate education platform.<\/p>\n\n\n\n<p>If you have found this Cody Sperber Clever Investor review, you are probably weighing whether a course or mentoring program here is worth the cost, or whether the program is a scam. For readers who ultimately want a way to <a href=\"https:\/\/ark7.com\/\">participate in real estate returns<\/a> without managing tenants or negotiating contracts, Ark7 offers a different path: buying shares in curated rental homes at a low per-share minimum.<\/p>\n\n\n\n<p>This review covers what the program actually is, what everything costs, what the curriculum teaches, what real students say, and what the complaints look like, so you can make an informed decision.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key Takeaways<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Clever Investor is a real estate education platform covering wholesaling, fix-and-flip, and creative deal strategies through courses, software tools, and tiered mentoring.<\/li>\n\n\n\n<li>Entry-level courses are priced from <a href=\"https:\/\/digitaltriggers.io\/clever-investor-review\/\">$97 to $497<\/a>; the mentoring program ranges from <a href=\"https:\/\/www.scamrisk.com\/clever-investor\/\">$7,000 to $28,000<\/a> depending on the tier.<\/li>\n\n\n\n<li>Clever Investor&#8217;s own <a href=\"https:\/\/cleverinvestor.com\/earnings-disclaimer\/\">earnings disclaimer<\/a> discloses that 30.5% of surveyed mentoring students reported making money in real estate, income figures are estimates, not guarantees.<\/li>\n\n\n\n<li>The company holds an <a href=\"https:\/\/centerforworklife.com\/opp\/real-estate\/cody-sperber-clever-investor\/\">A+ BBB rating<\/a>, though some student complaints mention billing and refund issues.<\/li>\n\n\n\n<li>Multiple independent reviewers <a href=\"https:\/\/blog.magfund.com\/clever-investor-review\/\">conclude the program is not<\/a> a scam, but prospective buyers should read the terms carefully before purchasing, particularly subscription renewal conditions.<\/li>\n\n\n\n<li>Wholesaling income is real but variable: national assignment <a href=\"https:\/\/ispeedtolead.com\/blog\/the-2026-real-estate-wholesaler-profit-margin-report-what-12000-investors-earned-by-lead-source\/\">fees averaged $13,000\u2013$18,500 per deal<\/a> in 2026, and results depend heavily on market, effort, and marketing spend.<\/li>\n\n\n\n<li>Ark7 lets investors participate in real estate returns by <a href=\"https:\/\/ark7.com\/share-investments\">buying shares in curated rental<\/a> homes at a low per-share minimum, no deal-finding, tenant management, or marketing budgets required.<\/li>\n\n\n\n<li>The 2025 full-year average cash yield on Ark7 was approximately 4.5%, with <a href=\"https:\/\/ark7.com\/blog\/about-us\/4-million-distributed-momentum-is-real\">monthly distributions sent directly<\/a> to investors&#8217; accounts.<\/li>\n\n\n\n<li>Ark7 holds a highly rated App Store presence and offerings are SEC Regulation A+ qualified.<\/li>\n<\/ul>\n\n\n\n<p><strong>Clever Investor<\/strong> is a real estate education platform founded by Cody Sperber in 2010 that offers self-paced courses ($97\u2013$497), PRO membership ($97\/month), software tools, and tiered mentoring programs ($7,000\u2013$28,000). The curriculum focuses on wholesaling, fix-and-flip, and creative deal strategies delivered through on-demand video, coaching, and automation software.<\/p>\n\n\n\n<div class=\"bg-blue-grey-1 padding-32px border-radius-12px margin-20px-t margin-20px-b\">\t \n  <div class=\"bg-white text-center padding-20px-v border-radius-8px\">\t \n    <h3 class=\"margin-auto display-block\">New to passive real estate investing?<\/h3>\t \n    <a class=\"margin-auto a7-button\" href=\"https:\/\/ark7.com\/?tc=K8L9N\" target=\"_blank\" rel=\"noopener\">Explore Ark7 Opportunities<\/a>\t \n  <\/div>\t \n<\/div>\n<div class=\"ark7-property-list padding-20px-v margin-20px-t margin-20px-b\" data-tags=\"SEOWidgetFeatured\" data-tc=\"K8L9N\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Who Is Cody Sperber?<\/h2>\n\n\n\n<p>Cody Sperber is the founder of Clever Investor LLC, a real estate education and software company. According to a profile on Millionaire Mindcast, Sperber became a <a href=\"https:\/\/www.millionairemindcast.com\/the-clever-investors-path-to-a-10-figure-business-and-lifestyle-cody-sperber\/\">millionaire at 28<\/a> and a multi-millionaire at 30 through wholesaling, describing himself as a middleman who locks properties under contract and <a href=\"https:\/\/beyondamillion.com\/audio\/cody-sperber\/\">assigns those contracts to end<\/a> buyers, similar in principle to a bulk purchasing intermediary.<\/p>\n\n\n\n<p>Per ScamRisk&#8217;s research, Sperber founded <a href=\"https:\/\/www.scamrisk.com\/clever-investor\/\">Clever Investor LLC in 2010<\/a> and claims to have completed more than a thousand <a href=\"https:\/\/www.scamrisk.com\/clever-investor\/\">deals worth over $200 million<\/a> in total. That figure is his own claim, not independently verified third-party data. Beyond A Million reports that Clever Investor has <a href=\"https:\/\/beyondamillion.com\/audio\/cody-sperber\/\">helped more than 100,000 investors<\/a> make money in real estate.<\/p>\n\n\n\n<p>The Clever Investor website currently lists the program as <a href=\"https:\/\/cleverinvestors.com\/\">led by Cody Sperber, Veena<\/a> Jetti, and Garrett Lynch, three real estate operators who position themselves as active practitioners. The platform&#8217;s podcast, <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-clever-investor-show\/id1655722238\">The Clever Investor Show<\/a>, continues to release content under Sperber&#8217;s name as of 2026.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Clever Investor&#8217;s Track Record<\/h3>\n\n\n\n<p><strong>Formal recognition:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>BBB-accredited business located at <a href=\"https:\/\/www.bbb.org\/us\/az\/tempe\/profile\/wealth-building-seminars\/clever-investor-llc-1126-1000027794\">1753 E Broadway Rd Ste<\/a> 101-490, Tempe, AZ 85282 with an <a href=\"https:\/\/centerforworklife.com\/opp\/real-estate\/cody-sperber-clever-investor\/\">A+ rating<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/centerforworklife.com\/opp\/real-estate\/cody-sperber-clever-investor\/\">BBB-accredited<\/a> with an A+ rating; see the BBB profile for the current complaint count within the applicable reporting period<\/li>\n\n\n\n<li>Founded 2010; reported figures per founder claims<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">What Is Clever Investor?<\/h2>\n\n\n\n<p>Clever Investor is <a href=\"https:\/\/www.scamrisk.com\/clever-investor\/\">a course platform produced<\/a> by real estate investor Cody Sperber that offers courses, mentorship, business automation software, and other educational items focused on making money in real estate. The training is primarily delivered virtually through on-demand coaching videos and audio, supplemented by books, PDFs, written presentations, forms, legal contracts, and Q&amp;A resources, per Real Estate Bees&#8217; 2026 review.<\/p>\n\n\n\n<p>The platform&#8217;s training covers negotiation, deal analysis, lead generation through marketing, and real estate investing strategies, according to a <a href=\"https:\/\/www.linkedin.com\/posts\/jayson-waller-_18-cody-sperber-the-clever-investor-activity-7024335187224272896-G4gJ\">LinkedIn profile summary<\/a> describing the company&#8217;s offerings.<\/p>\n\n\n\n<p><strong>The main product categories are:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Self-paced courses<\/strong> covering wholesaling, fix-and-flip, and creative deal strategies<\/li>\n\n\n\n<li><strong>Software tools<\/strong> including a deal analysis calculator and automation tools<\/li>\n\n\n\n<li><strong>PRO Membership<\/strong> for ongoing access to content and community<\/li>\n\n\n\n<li><strong>Mentoring programs<\/strong> at escalating price tiers requiring an application<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Program Details: Courses, Software, and Mentoring<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Entry-Level Courses<\/h3>\n\n\n\n<p>Clever Investor&#8217;s course catalog includes several standalone products. Multiple independent reviews confirm these prices:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>30-Day Deal Challenge<\/strong>, <a href=\"https:\/\/digitaltriggers.io\/clever-investor-review\/\">$97<\/a><\/li>\n\n\n\n<li><strong>Fast Track Profit System<\/strong>, <a href=\"https:\/\/digitaltriggers.io\/clever-investor-review\/\">$297<\/a><\/li>\n\n\n\n<li><strong>Your First Flip<\/strong>, <a href=\"https:\/\/digitaltriggers.io\/clever-investor-review\/\">$497<\/a><\/li>\n\n\n\n<li><strong>Direct Mail Dealmaker<\/strong>, <a href=\"https:\/\/centerforworklife.com\/opp\/real-estate\/cody-sperber-clever-investor\/\">$97<\/a><\/li>\n<\/ul>\n\n\n\n<p>The Fast Track-style curriculum covers six modules: setting up your business, building a power team, using online tools and automation, deal analysis, and negotiation, per reviews at Digital Triggers and MagFund.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Do Deals With Me<\/h3>\n\n\n\n<p>Do Deals With Me is a partnership and training program where participants find motivated sellers and hand them to a sales team. The program is <a href=\"https:\/\/wealthybydefault.com\/do-deals-with-me-review\">priced at $97 one-time<\/a> or $97 per month, depending on which access tier is selected.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">PRO Membership<\/h3>\n\n\n\n<p>The PRO Membership provides ongoing access to Clever Investor&#8217;s content library. Per Real Estate Bees&#8217; April 2026 review, PRO membership is priced at a monthly rate; see current terms for any trial conditions. The Clever Investor terms of service confirm <a href=\"https:\/\/cleverinvestor.com\/terms-of-service\/\">the monthly recurring subscription<\/a> begins after the trial or PRO Bundle purchase period ends.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Software Tools<\/h3>\n\n\n\n<p>Deal Automator pricing varies by product and offer; the company&#8217;s current terms of service list prices including $137 per month, $997 per year, $127 per month, and $297 per month for specific offerings, so prospective buyers should review the applicable terms for the specific product before purchasing. A BBB customer review also references a Deal Automator bundle at $197 and an Ultimate Private Money Package at <a href=\"https:\/\/www.bbb.org\/us\/az\/tempe\/profile\/wealth-building-seminars\/clever-investor-llc-1126-1000027794\/customer-reviews\">$67<\/a>, indicating offer pricing varies by bundle.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Mentoring Programs<\/h3>\n\n\n\n<p>The mentoring tier is the highest-cost and most application-dependent part of the program. Three tiers have been consistently reported across multiple independent sources:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Mentoring Tier<\/th><th>Reported Price<\/th><\/tr><\/thead><tbody><tr><td>Apprentice Program<\/td><td><a href=\"https:\/\/centerforworklife.com\/opp\/real-estate\/cody-sperber-clever-investor\/\">$7,000<\/a><\/td><\/tr><tr><td>Protege Program<\/td><td><a href=\"https:\/\/centerforworklife.com\/opp\/real-estate\/cody-sperber-clever-investor\/\">$14,000<\/a><\/td><\/tr><tr><td>Total Immersion<\/td><td><a href=\"https:\/\/centerforworklife.com\/opp\/real-estate\/cody-sperber-clever-investor\/\">$28,000<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Real Estate Bees&#8217; 2026 review notes that <a href=\"https:\/\/realestatebees.com\/course\/clever-investor\/\">Clever Investor does not publicly<\/a> display mentoring prices, and that the figures cited come from user reviews rather than the company&#8217;s own published pricing. The mentoring program includes personal coaching, elite group mentoring, and the Avengers Real Estate Mastermind, per that same review.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What You Learn: Curriculum Breakdown<\/h2>\n\n\n\n<p>The curriculum across Clever Investor&#8217;s products is designed for real estate investors at multiple experience levels, covering wholesaling, fix-and-flip, and creative deal structures.<\/p>\n\n\n\n<p><strong>Core topics across the course catalog:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>What wholesaling is and how the assignment contract process works<\/li>\n\n\n\n<li>Advanced lead generation strategies using paid and organic channels<\/li>\n\n\n\n<li>Marketing and digital marketing using automation and big data<\/li>\n\n\n\n<li>Deal analysis using assignment forms and deal analyzer calculators<\/li>\n\n\n\n<li>Negotiation tactics and systems to convert prospects into leads<\/li>\n\n\n\n<li>Setting up a business, building a team, and using automation tools<\/li>\n\n\n\n<li>Creative deals including subject-to, rent-to-own, and related structures<\/li>\n<\/ul>\n\n\n\n<p>The curriculum&#8217;s depth is shaped by which product tier a student purchases. Entry-level courses provide foundational training. The mentoring programs layer on live coaching and direct feedback.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What the Earnings Disclaimer Actually Says<\/h3>\n\n\n\n<p>Clever Investor&#8217;s <a href=\"https:\/\/cleverinvestor.com\/earnings-disclaimer\/\">earnings disclaimer<\/a> is one of the most transparent documents in the program. It discloses the following from a survey of mentoring students:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>30.5%<\/strong> (51 of 167 surveyed) reported making money in real estate since using the program<\/li>\n\n\n\n<li><strong>87.8%<\/strong> of a subset of 49 students completed a Quick Flip (wholesale), with an average profit of <strong>$7,192<\/strong><\/li>\n\n\n\n<li><strong>46.9%<\/strong> completed a Fix and Flip (rehab), with an average profit of <strong>$24,650<\/strong><\/li>\n\n\n\n<li><strong>32.7%<\/strong> completed a Creative Deal, with average figures from that group<\/li>\n<\/ul>\n\n\n\n<p>The disclaimer also states clearly that <a href=\"https:\/\/cleverinvestor.com\/earnings-disclaimer\/\">any earnings or income examples<\/a> are only estimates and not assurances of performance, and that <a href=\"https:\/\/cleverinvestor.com\/earnings-disclaimer\/\">prior successes cannot be used<\/a> as an indication of future results.<\/p>\n\n\n\n<p>The wholesaling market gives some context for those figures. Most wholesalers <a href=\"https:\/\/dealrun.ai\/blog\/how-much-do-wholesalers-make-per-deal\">earn between $5,000 and $20,000<\/a> per deal, and national assignment <a href=\"https:\/\/ispeedtolead.com\/blog\/the-2026-real-estate-wholesaler-profit-margin-report-what-12000-investors-earned-by-lead-source\/\">fees averaged $13,000\u2013$18,500 in 2026<\/a>. However, marketing costs of <a href=\"https:\/\/wholesalerealestateinvesting.com\/blog\/how-much-do-wholesalers-make\">$4,000\u2013$9,000 per deal<\/a> mean net income is substantially lower than gross per-deal fees. Experienced operators with 4+ years of experience can earn <a href=\"https:\/\/goliathdata.com\/wholesaling-real-estate-salary-insights-for-aspiring-investors\">$20,000\u2013$50,000 per deal<\/a>, but that level of outcome is not typical for new entrants.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">User Reviews and BBB Analysis<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Positive Feedback Themes<\/h3>\n\n\n\n<p>Across multiple independent review sites, satisfied students tend to highlight:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Curriculum structure and actionable content<\/li>\n\n\n\n<li>Value of the mentoring relationship at higher tiers<\/li>\n\n\n\n<li>Course availability via on-demand video format<\/li>\n<\/ul>\n\n\n\n<p>A BiggerPockets forum post from a Clever Investor team member states &#8220;<a href=\"https:\/\/www.biggerpockets.com\/forums\/79\/topics\/171118-cody-sperber-clever-investor\">We make our students&#8217; success<\/a> our priority.&#8221; MagFund concluded that &#8220;<a href=\"https:\/\/blog.magfund.com\/clever-investor-review\/\">Clever Investor is not<\/a> a scam.&#8221;<\/p>\n\n\n\n<p>One early BiggerPockets user reported using Clever Investor&#8217;s training to close a first deal in four days for a <a href=\"https:\/\/www.biggerpockets.com\/forums\/79\/topics\/111580-does-anyone-have-any-experience-with-clever-investor-llc-and-their-training-material\">profit of $20,487.95, with only<\/a> $250 of personal funds used.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Complaints and Concerns<\/h3>\n\n\n\n<p>Not all student experiences are positive. Reported issues include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Renewal billing:<\/strong> One Reddit user reports being <a href=\"https:\/\/www.reddit.com\/r\/RealEstate\/comments\/nb22ee\/warning_about_cody_sperber\/\">charged a renewal fee three<\/a> times the size of the initial course purchase, after it was marketed as a one-time purchase.<\/li>\n\n\n\n<li><strong>Subscription terms:<\/strong> Clever Investor&#8217;s own terms of service confirm that software subscriptions run at varying monthly and annual rates, with an additional deal-finding software fee applied after 12 months. Buyers need to read these terms before purchasing.<\/li>\n\n\n\n<li><strong>Refund process:<\/strong> Real Estate Bees&#8217; 2026 review notes some customer complaints about unauthorized charges, unresponsive support, and refused refunds.<\/li>\n<\/ul>\n\n\n\n<p>Refund periods vary by product, current Clever Investor terms include products with no-refund policies and windows of three days, 30 days, or 90 days, so prospective buyers should review the applicable terms for each specific purchase before buying. The BBB has received only <a href=\"https:\/\/centerforworklife.com\/opp\/real-estate\/cody-sperber-clever-investor\/\">11 total complaints<\/a> over the program&#8217;s lifespan, a low figure relative to the program&#8217;s reported scale.<\/p>\n\n\n\n<p>Some Reddit commenters note that the marketing style of programs like Clever Investor relies on visible displays of wealth, which some viewers <a href=\"https:\/\/www.reddit.com\/r\/realestateinvesting\/comments\/5kn59w\/has_anyone_purchased_or_used_any_of_the_clever\/\">find off-putting<\/a>. The skepticism about lifestyle marketing is a fair observation about the marketing approach, though it does not speak to the curriculum&#8217;s quality.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Clever Investor vs. Other Real Estate Education Programs<\/h2>\n\n\n\n<p>The table below presents facts as reported across verified sources. No yield figures are shown for education-only products, as they do not generate investment returns.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Dimension<\/th><th>Clever Investor<\/th><th>FortuneBuilders<\/th><\/tr><\/thead><tbody><tr><td>Product Type<\/td><td>Real estate education \/ wholesaling courses and mentoring<\/td><td>Real estate education \/ wholesaling courses and mentoring<\/td><\/tr><tr><td>Entry Price<\/td><td><a href=\"https:\/\/digitaltriggers.io\/clever-investor-review\/\">$97 (30-Day Deal Challenge)<\/a> to $497<\/td><td>Not published<\/td><\/tr><tr><td>Upper-Tier \/ Mentoring Cost<\/td><td><a href=\"https:\/\/www.scamrisk.com\/clever-investor\/\">$7,000\u2013$28,000<\/a><\/td><td>Reported high cost (per complaint)<\/td><\/tr><tr><td>BBB Standing<\/td><td><a href=\"https:\/\/centerforworklife.com\/opp\/real-estate\/cody-sperber-clever-investor\/\">A+ rating<\/a>; see the BBB profile for the current complaint count<\/td><td>Not published<\/td><\/tr><tr><td>Track Record<\/td><td>Reported figures per founder claims<\/td><td>User complaints reported on <a href=\"https:\/\/fortunebuilders.pissedconsumer.com\/complaints\/RT-P.html\">PissedConsumer<\/a><\/td><\/tr><tr><td>Transparency \/ Fee Disclosures<\/td><td>Renewal fee <a href=\"https:\/\/www.reddit.com\/r\/RealEstate\/comments\/nb22ee\/warning_about_cody_sperber\/\">reported at 3x initial price<\/a> by one user<\/td><td><a href=\"https:\/\/fortunebuilders.pissedconsumer.com\/complaints\/RT-P.html\">Curriculum details not publicly listed;<\/a> complaints reference webinar-based delivery<\/td><\/tr><tr><td>Refund Policy<\/td><td>Varies by product; see current terms<\/td><td>Not published<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>One PissedConsumer complaint about FortuneBuilders describes the mentoring as overpriced and under-delivered, with a reported significant financial loss.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Thinking About Real Estate Returns Without the Wholesaling Work?<\/h2>\n\n\n\n<p>Clever Investor trains people to generate income by actively finding, contracting, and assigning deals. Wholesaling requires time, marketing budgets, and consistent effort, it is a business model, not a passive one.<\/p>\n\n\n\n<p>Ark7 is a fractional real estate investing platform that allows investors to buy shares in curated rental homes, receiving monthly distributions without managing tenants, finding deals, or negotiating contracts. The platform has paid substantial cash dividends to its community of active investors since launch, with monthly distributions, yields, and trading data available on the <a href=\"https:\/\/ark7.com\/blog\/portfolio-performance\/2026-may-portfolio-performance-update\">portfolio performance page<\/a>. Past performance is not a guarantee of future results. The <a href=\"https:\/\/www.crowdfundedwealth.com\/reviews\/ark7-review\">2025 full-year average cash yield<\/a> was approximately 4.5%. Ark7 holds a <a href=\"https:\/\/apps.apple.com\/us\/app\/ark7-real-estate-investing\/id1565766372?see-all=reviews\">highly rated<\/a> App Store presence.<\/p>\n\n\n\n<p>Investors like Emma Chen, an ex-tech small business owner, use Ark7 to own shares in 4 properties across 3 states and describe it as a way to &#8220;diversify my current real estate portfolio without adding more to the workload.&#8221; Andrew C., a managing partner with prior real estate experience, used Ark7 to become a part-owner of 4 properties in 4 states as a solution for long-distance investing.<\/p>\n\n\n\n<p>Neither Ark7 nor Ark7 Properties is a broker-dealer or investment advisor. The offer and sale of securities is facilitated through Dalmore Group LLC, a registered broker-dealer and FINRA\/SIPC member. Offerings are SEC Regulation A+ qualified. Investing in securities involves risks, including the possible loss of principal. Past performance is not a guarantee of future results.<\/p>\n\n\n\n<p>Explore Ark7&#8217;s curated property shares at <a href=\"https:\/\/ark7.com\/\">ark7.com<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Frequently Asked Questions<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Is Clever Investor LLC a legitimate company?<\/h3>\n\n\n\n<p>Yes. Clever Investor LLC is a BBB-accredited business located in Tempe, Arizona, with an A+ BBB rating, per CenterForWorkLife&#8217;s review. Multiple independent reviewers, including MagFund, conclude the program is not a scam.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How much does Clever Investor cost in total?<\/h3>\n\n\n\n<p>Entry-level courses range from $97 to $497. The PRO Membership is $97 per month; see current terms for any trial conditions. Software tool pricing varies by product; prospective buyers should review current pricing in the applicable terms before purchasing. Mentoring programs range from $7,000 (Apprentice) to $14,000 (Protege) to $28,000 (Total Immersion). Buyers should review the terms of service carefully for subscription and renewal conditions before purchasing.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Are Clever Investor students actually closing real estate deals?<\/h3>\n\n\n\n<p>Clever Investor&#8217;s own earnings disclaimer discloses that <a href=\"https:\/\/cleverinvestor.com\/earnings-disclaimer\/\">30.5% of surveyed mentoring students<\/a> reported making money in real estate. Among a subset of 49 students, 87.8% reported completing a Quick Flip with an average profit of $7,192, and 46.9% completed a Fix and Flip with an average profit of $24,650. These are survey-based averages, the disclaimer explicitly states they are estimates, not typical or guaranteed outcomes.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What are the complaints about Clever Investor&#8217;s billing?<\/h3>\n\n\n\n<p>The most commonly reported complaint involves renewal fees. One Reddit user reports being <a href=\"https:\/\/www.reddit.com\/r\/RealEstate\/comments\/nb22ee\/warning_about_cody_sperber\/\">charged a renewal fee three<\/a> times the size of the initial course purchase after it was marketed as a one-time purchase. The company&#8217;s terms of service confirm that the $97 PRO Membership begins recurring after any trial period. Reading the full terms before purchasing is recommended.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Is Cody Sperber still involved in Clever Investor?<\/h3>\n\n\n\n<p>The Clever Investor website and The Clever Investor Show podcast continue under the brand. The platform is currently described as led by Sperber, Veena Jetti, and Garrett Lynch.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How does Clever Investor compare to free resources like BiggerPockets?<\/h3>\n\n\n\n<p>Clever Investor&#8217;s structured course format, software tools, and tiered mentoring are the primary differentiation from free community resources. Critics who have reviewed both note that much foundational wholesaling knowledge is available through free forums. The premium cost is justified mainly by accountability, structured delivery, and mentoring access. Investors who want real estate exposure without deal-finding, marketing spend, or tenant management can consider Ark7, which allows share ownership in curated rental homes at a low per-share minimum.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What is the refund policy for Clever Investor courses?<\/h3>\n\n\n\n<p>Refund periods vary by product; current Clever Investor terms include products with no-refund policies and windows of three days, 30 days, or 90 days. However, the company&#8217;s terms of service govern exactly which products and subscription tiers are refundable. Some student complaints have cited unresponsive support and refused refunds, so prospective buyers should review the refund terms for each specific product before purchasing.<\/p>\n\n\n\n<p><em>Investing in securities involves risks, including possible loss of principal. Past performance is no guarantee of future results. Offerings are facilitated through Dalmore Group LLC, a registered broker-dealer and FINRA\/SIPC member. Neither Ark7 nor Dalmore provides investment advice.<\/em><\/p>\n\n\n\n<div class=\"bg-blue-grey-1 padding-32px border-radius-12px margin-20px-t margin-20px-b\">\t \n  <div class=\"bg-white text-center padding-20px-v border-radius-8px\">\t \n    <h3 class=\"margin-auto display-block\">New to passive real estate investing?<\/h3>\t \n    <a class=\"margin-auto a7-button\" href=\"https:\/\/ark7.com\/?tc=K8L9N\" target=\"_blank\" rel=\"noopener\">Explore Ark7 Opportunities<\/a>\t \n  <\/div>\t \n<\/div>\n<div class=\"ark7-property-list padding-20px-v margin-20px-t margin-20px-b\" data-tags=\"SEOWidgetFeatured\" data-tc=\"K8L9N\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The real estate education industry is growing fast, the certification and training services market is projected to reach $9.0 billion by 2035 at a 4.58% compound annual growth rate. That growth has produced hundreds of programs, and Clever Investor, the wholesaling education platform built by Cody Sperber, is a notable real estate education platform. If &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/ark7.com\/blog\/articles\/cody-sperbers-clever-investor-review\/\"> <span class=\"screen-reader-text\">Cody Sperber&#8217;s Clever Investor Review 2026: Cost, What You Learn, Is It Worth It<\/span> Read More \u00bb<\/a><\/p>\n","protected":false},"author":22,"featured_media":22807,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[3],"tags":[],"class_list":["post-30664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - 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