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Cody Sperber Review (2024 Update): Best Real Estate Investing Coach?

By: JosiahOct 04, 2023Real Estate
Cody Sperber Review ([year] Update): Best Real Estate Investing Coach?

Are you searching for a Cody Sperber review? Are you wondering if he is a scam?

Whether you want to make a real estate investment, you may want to know if Cody Sperber can educate you on how to venture into the real estate flipping business.

I'm driven by a desire to assist individuals in discovering new ways to make money. So I went through hundreds of programs that claim to educate individuals on how to generate money.

In the last week, I've done extensive study on Cody Sperber, so I can tell you all you have to know about him before you decide.


This Cody Sperber review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

  • In-depth teachings and courses
  • His program offers a lot of value
  • You don't need a real estate license to start
  • Over-hyped advertising
  • Confusing sales funnels
  • Cody can be too "salesy"

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.


I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

why listen us gif

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

Cody Sperber is a real estate investing guru.

Like most real estate investing training courses, you’ll likely be exposed to the “Big 3” investing types:

  • Flipping
  • Wholesaling
  • Long-term buy-and-hold

Regardless of which path you go down, there is a lot of potential with real estate investing.

After all, it’s the world’s oldest wealth-builder.

However, before you leave this Cody Sperber review and go sign up, you might want to ask yourself:

“Is now the right time for me to get into real estate investing?”

Because, no matter which way you slice it, real estate investing is extremely capital intensive, labor intensive, or both.

So if you’ve only got an hour or two a day, or your savings account is a few zeroes lighter than you’re comfortable with, this might not be the best time for you to jump into real estate investing.

But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion.

A good way to get yourself there is with Digital Leasing.

Digital Leasing takes all the best parts of real estate investing, while eliminating most of the headaches:

  • Low cashflow
  • Interest payments
  • Mortgages
  • High overhead
  • Expensive repairs and maintenance
  • Problematic tenants

And the best part?

Digital Leasing allows you to build a passive income stream that’s actually passive!

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling homeowners, or dealing with contractors.

TESTIMONIAL - Still Getting Paid

If that sounds like something you’d be interested in, check out Digital Leasing.

This is the perfect first step to build recurring income that you can then use to start investing in real estate down the line.

However, if you’d still like to know more about Cody Sperber, keep reading.

Who Is Cody Sperber?

Who Is Cody Sperber

Cody Sperber is originally from Mesa, Arizona.

He got his business degree from Arizona State University. He studied finance and real estate.

Cody started investing in real estate while still in college. After two years after graduating, he moved full-time into property flipping and real estate wholesaling. He had previously worked as a bookkeeper.

Cody Sperber attended a life-changing class given by Jack Miller, a real estate specialist from the 1980s.

Cody Sperber met Lyle on that occasion, and Lyle became Cody Sperber's mentor. His mentor assisted him in redesigning the processes for Cody Sperber's real estate ventures.

Cody Sperber then founded Clever Investor to provide training in real estate investing business. He claims to be able to assist individuals in becoming real estate entrepreneurs. This is his primary business and source of income at the moment.

Cody Sperber's Net Worth

Cody Sperber, popularly known as "The Clever Investor," is a real estate entrepreneur with a net worth of around $18 million.

Fun Facts About Cody Sperber

Fun Facts About Cody Sperber

  • Navy veteran turned real estate dealmaker (for over 14 years)
  • He started slowly, had a hard time like everyone else, and was on the verge of quitting (probably a dozen times)
  • Currently completes 7-15 real estate transactions every month (give or take)
  • He persisted, cracked the code, and has already closed over 1000 real estate deals (and counting)
  • At this moment, he has completed a wide range of real estate deals
  • Excels in creative thinking
  • He can't sing a note to save his life
  • Gets ecstatic about teaching people how to overcome limiting beliefs and roadblocks, shorten their learning curve, and succeed in real estate investment even quicker than he did
  • Finds it strangely entertaining to write about oneself in the third person

Product And Course Offering

Product And Course Offering

Sperber's products are available at both and

Sperber provides a wide range of products for the searching investor. Some of the products are offered for free, while the others need payment.

There are many resource tabs on


If you want to be a real estate investor, this section is for you.

Under the Education category, you will discover articles on many elements of real estate investing, such as investing in real estate, resources, techniques, and evaluations of courses and present investor gurus.

There are also articles on creative real estate investing techniques such as the real estate lease option, subject to deals, wraparound mortgages, and real estate notes. He shares his own proprietary investing strategy here.

You may also read articles on wholesale bargains, no money down real estate, bird-dogging, buying-fixing-holding, rental contracts and paperwork, and buying-fixing-and-flipping here.


Another area of free content may be found under the blog page, where there are several postings on a variety of themes. These blog postings cover essays on a variety of topics, including:

  • The correct method for mailing to the tax delinquent property list
  • How to prevent time from slipping into the future
  • Should I seek permission for rehab?
  • Buy and hold 101: the three phases of rental research

The blog archives date back from June 2012, so there's a lot of material under one tab.

Paid Products

Some of Sperber's paid products include:

  • the fast-track profit system
  • the automated marketing machine
  • the direct mail deal maker (M5)
  • and the reversed short sale system.

These are all systems or courses that provide a variety of supporting resources.

Fast-Track Profit System

Sperber and his team developed the Fast-Track Profit System, a comprehensive instructional course. It's a six-step technique that, according to Sperber, will put you on the fast track to financial success.

It contains more than 20 CDs and extra audio training sessions, contracts, and other real estate investment materials. The approach focuses on establishing four profit centers, including wholesaling and purchasing property to rent.

Cody Sperber

Automated Marketing Machine

The Automated Marketing Machine is intended to help anyone with their internet marketing, even technologically challenged ones. It includes everything from basic email and text messaging marketing methods to direct-to-voicemail technologies.

Direct Mail Dealmaker

The Direct Mail Dealmaker is known as a turnkey system. This allows you to generate leads on demand.

Reverse Short Sale System

Sperber's exclusive technique is the Reverse Short Sale System. It enables investors to profit from failed short-sale transactions.

According to the website's description, reverse short sales are distinct in that they need no money or credit, no bank discussions, no need to find purchasers, and almost no competition.

Clever Investor

The Clever Investor mentoring program enlists Sperber and his advisors to serve as mentors to a small group of serious real estate investors. For a Clever Investor review, check here.

Prices for any of these items were difficult to come by. mentions a $14,000 price tag and a $300 price tag for the Fast Track course.

Is Cody Sperber A Scam?

Scam or Legit

So, is Cody Sperber a scam? Not technically. You can make money with his programs, but it’s definitely not as easy as he makes it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and - most importantly - the actual profit margins on real estate investments are pretty small.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months - looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property - and then your reward is like $100 a month in profits, it’s not really worth it.

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing.

And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

TESTIMONIAL - Saying Goodbye To Our Jobs

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

Are There Alternatives To Cody Sperber?


Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:

What Is My Top Recommendation In Making Money Online In 2024?

Digital Leasing

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.


1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.


2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.

A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.

With Digital Leasing, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.

TESTIMONIAL - Feeling Blessed

3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront.

Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket...even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

TESTIMONIAL - Scott Lead Gen

4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH.

Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.

Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).

With Digital Leasing, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.


5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

TESTIMONIAL - Lance Lead Gen

6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either...a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.


Now, the choice is yours. You could continue browsing, looking at opportunities like Cody Sperber which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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