Clever Investor Review (2026): Is Cody Sperber's Real Estate Training Worth It?
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Clever Investor in One Minute
Clever Investor is a real estate education company founded by Cody Sperber, a Navy veteran. Its site says it has operated since 2010 and taught about 90,000 students. It began with residential wholesaling and now covers commercial and multifamily investing, led by Sperber with Veena Jetti and Garrett Lynch.
| Company | Clever Investor |
|---|---|
| Founder | Cody Sperber |
| Since | 2010 (per its site) |
| Students | About 90,000 (per its site) |
| Leaders | Cody Sperber, Veena Jetti, Garrett Lynch |
| Topics | Wholesaling, commercial, multifamily |
| Prices | Not published on its homepage |
What It Teaches
Wholesaling means getting a property under contract and assigning that contract to another buyer for a fee. It's often pitched as a low-cash way to start. Commercial and multifamily investing involve much more capital, partners and due diligence.
What Members Get
- One-on-one mentoring: a mentor to build your plan and review deals, per its site.
- Live group coaching: sessions with the team and other investors.
- Advanced courses: systems for finding, analyzing, negotiating and contracting deals.
- Events: live trainings that introduce higher-tier programs.
Prices aren't listed; you're quoted after a call, and coaching tiers cost more.
Events and Upsells
Like most real estate education companies, Clever Investor uses free or low-cost trainings and live events that lead to higher-priced coaching. Decide your budget before attending, ask for prices and refund terms in writing, and avoid buying on the spot. Financing coaching with credit cards is a common way new investors end up in debt before their first deal.
Wholesaling Rules
Several states have tightened rules on wholesaling, including disclosure requirements and, in some places, licensing questions. Check your state's rules before marketing properties you don't own.
Who Is Cody Sperber?
Cody Sperber is a Navy veteran who started in residential wholesaling and founded Clever Investor in 2010. His site says he has completed more than $100 million in transactions. He now leads the company with Veena Jetti, who focuses on multifamily and commercial investing, and Garrett Lynch.
Who It Suits
New investors who want structured training in wholesaling, and later multifamily, and who can handle marketing costs and legal requirements.
Before You Buy
- Get the full price of every program level in writing.
- Read the refund policy before any sales call.
- Ask how typical students do, not top performers.
- Have a real estate attorney review any contract you sign.
- Start with one small, well-understood deal.
Wholesaling vs Multifamily
| Wholesaling | Multifamily | |
|---|---|---|
| Capital needed | Marketing budget | Large, often with partners |
| Income | Assignment fees per deal | Rent cash flow and equity |
| Main risk | No deals, state rules | Debt, vacancies, rates |
| Time to first income | Weeks to months | Months to years |
A Steadier Way to Protect Savings
Real estate and precious metals are both tangible assets some savers use to diversify away from stocks. Our top pick, Augusta Precious Metals, offers a free guide to the sales tactics retirement savers should watch for; our budget pick Noble Gold offers a free economic-crisis guide. Precious metals carry their own risks and costs.
Is Clever Investor Legit?
It's a long-running education company with active investor-leaders. Prices aren't public and higher-tier coaching costs more; get terms in writing.
Pros and Cons
What Stands Out
- Long-running, since 2010
- Leaders who still invest
- Covers residential to multifamily
What to Weigh Up
- Prices not published
- Wholesaling rules vary by state
- Coaching upsells
Frequently Asked Questions
Who Founded Clever Investor?
Cody Sperber, a Navy veteran.
How Long Has It Operated?
Since 2010, per its site.
What Does It Teach?
Wholesaling, commercial and multifamily investing.
How Much Does It Cost?
Prices aren't listed on its homepage.
Who Is Cody Sperber?
A Navy veteran who founded Clever Investor in 2010.
Does Clever Investor Offer Mentoring?
Yes, one-on-one mentoring and group coaching, per its site.
Our Verdict on Clever Investor
Established training with practical topics. Check state rules and costs first.
Precious metals prices can fall as well as rise, and a gold IRA carries setup, custody and storage fees. This page is general information, not financial, tax or legal advice. Consider speaking with a licensed financial professional before moving retirement savings.
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