Free House Formula Review (2022 Update): Everything You Wanted To Know!

By: Brittney

You apparently found this Free House Formula review in order to make money with Real Estate - but is it legit? You might wonder because...
This Free House Formula review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.

The Good Stuff

Real estate investment methods were highlighted.
The training videos are handy.
You don't need a real estate license.

The Bad Stuff

Unnecessary course advertising
Sales funnels are mysterious.
Cody Sperber comes across as a bit too "salesy."

Firstly, Why Am I Writing This Review?

Nice to meet you, my name is Brittney!

My story starts  like many do… “slaving away” at a 9-5 job that I didn’t really enjoy, but hey – it paid the bills.

I worked for a large Fortune 500 company that performed background checks for other companies when they wanted to hire a new employee… so you know, not exactly exciting stuff.

For a lot of people, a nice stable job and predictable check coming in every month is the picture of success, but for me, it felt like I was missing out on life.

Clocking in every single day, doing the same tasks over and over again, getting home with barely enough time to make dinner and enjoy some time to myself… only to wake up again the next morning and do it all over again.

I just wanted to enjoy life without being shackled to an unfilling job. 

I wanted to be able to take vacations whenever I wanted, for however long I wanted.

I didn’t want to have to beg my boss for a salary increase that barely matched inflation.

I just wanted to be free and happy.

Then about 4 years ago (as a stroke of luck), I stumbled across a program that taught me how to make money online by actually helping real people (local US businesses).

my concrete site

The image above shows an example. This mini website brings me in around $1,250 every single month, and I haven’t touched it in over 2 years.

That’s $15,000 per year in my pocket without having to really do anything.

Just helping small mom-and-pop shops keep their lights on and grow.

So it makes sense why local lead generation is my top online business for passive income. If you’re curious how that business model works, you can read more here.

NOTE: I DO NOT WORK WITH​ Free House Formula

Who Cares About That?

99% of reviewers out there don’t have experience running an actual business. They’re writing about stuff that they have no real experience with.

Why would they do that?

They just want you to click through and buy the  program that the review is about!

I have absolutely no relationship with Free House Formula, so you can rest easy knowing that I’m going to give you my honest opinion.

This review is written based on my own experiences with this business model.

All that being said, let’s jump into things.

Free House Formula Review

A common misconception about real estate is that you will need a large amount of money.

You’ve probably heard it a hundred times: capital is needed to make a profit

If only there were a way to make a huge sum of money without spending a lot of bucks.

Clever Investor says you don’t need much money or excellent credit to be a real estate investor. You don’t need anything else but his Free House Formula.

Assuming this is true, you might become the proud owner of a property in as little as thirty days, all without investing a single cent of your own money. In your opinion, What do you think?

Does this seem impossible?

Just an opinion but so do I, to be honest. However, let’s give Cody the benefit of the doubt and hear him out. My review of the Free House Formula is included below.

First things first, I’d want to be completely upfront, so…

Free House Formula is a real estate investing program.

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 Free House Formula review and go sign up, you might want to ask yourself:

“Is now the right time for me to invest in real estate?”

Because, no matter which way you slice it, real estate investing is highly 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 more substantial financial cushion.

A goodAn excellent way to get yourself there is with Digital Real Estate.

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

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

And the best part?

Digital Real Estate 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 of 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.


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

This is the perfect first step to building 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 the Free House Formula, keep reading.

What Is Free House Formula?

What Is Free House Formula

The Free House Formula is based on a straightforward and straightforward idea. Profit is the product of the issue and the solution. Cody’s tutor Lyle told him that homeowners everywhere saw their homeownership as a problem back in the day.

And now and again, the most excellent option is to give you the home for free. It all comes down to terminology. Cody uses three tactics to arrange win-win transactions that are more tempting than monetary offers.

He will provide you with the most excellent tools and valuable real estate training to identify motivated sellers. He’ll explain why homeowners should donate their homes to you for free.

You’ll also gain access to the country’s leading dealer network. “I have thousands and thousands of real estate investors in my Pro Community who would love to do these deals with you,” Cody says. He was one of them.

Most real estate investors do not lack funds; instead, they lack creativity. And my Free House Formula provides you with the innovative solutions required to close these deals.”

“As a result, you could earn your first free house in as little as thirty days.” Then you can get more free houses. And more free homes.

Then you can make immediate profits by quickly flipping the deals; you can make even more profits if you rehab and sell the houses; or you can do what I like: rent out the places to generate monthly cash flow.

Who Is Cody Sperber?

Who Is Cody Sperber

Cody Sperber was born in Mesa, Arizona. He graduated from Arizona State University with a business degree. He majored in finance and real estate.

While still in college, he had already started a real estate investing business. He started a full-time property real estate flipping business two years after graduating. Previously, he worked as a bookkeeper.

Cody Sperber attended a life-changing class by Jack Miller, a 1980s real estate guru.

Cody Sperber met Lyle at that event, and Lyle became Cody Sperber’s mentor. His mentor assisted him in redesigning the systems for Cody Sperber’s real estate investments.

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

Cody Sperber Review

Cody Sperber A Creative Real Estate Investing Guru

Cody Sperber Bio, Background, And Net Worth

Cody Sperber is a large fish in the real estate investing education pond (real estate market).

He has over a thousand agreements and a net worth of more than $200 million.

He has executed several real estate transactions, including real estate wholesaling agreements, short sales, multiunit transactions, subject-to deals, lease options, and his own proprietary investing strategy known as the “reverse short sale.”

Sperber’s friends and colleagues refer to him as “The Clever Investor,” He has a website with the same name. This moniker was inspired by his innovative strategies, ability to think outside the box, and seemingly magical ability to generate leads.

Here are his three strategies to be successful:

  • Only buy properties with a lot of equity;
  • Be realistic about your expected costs;
  • Seek advice from others who have flipped houses.

Sperber was raised in Arizona. He has wanted to be a 9th-grade math teacher since he was a kid. He worked toward this goal until he discovered how much math teachers make each year. That effectively ended his teaching ambitions, and he instead enlisted in the United States Navy.

Cody’s time in the Navy taught him valuable lessons in leadership, personal integrity, loyalty, honor, and commitment. He was honorably released from the Navy, but not before receiving the Navy achievement medal for his team-building and leadership abilities.

Sperber attended Arizona State University after leaving the Navy, specializing in finance and getting a bachelor’s degree.

While at Arizona State, Sperber saw a buddy do numerous real estate deals, including flipping a property for more than $80,000. As he saw everything develop, he was shocked, particulmainly saw his buddy, who had any unique abilities or resources, pull off such a feat.

He reasoned that there was no reason he couldn’t do the same thing for himself, so he started studying how to conduct a physical real estate investment.

Product And Course Offering

Product And Course Offering,, and other websites sell Sperber’s items.

Sperber provides a diverse choice of goods for the discriminating investor. Some are free, while others need payment, and occasionally you have to borrow as much money as you can from your friends and relatives to use their goods. Best wishes!

This website may also find articles regarding wholesale bargains, no money down real estate, bird-dogging, buying-fixing-and-holding, rental contracts, paperwork, and buying-fixing-and-flipping.

Another free content section can be found under the blog tab, where there are numerous posts on various topics. These blog posts include articles on a variety of issues, including

Is Free House Formula A Scam?

Is it a scam?

So, is the Free House Formula a scam? Not technically. You can make money with this program, but it’s definitely not as easy as Cody Sperber 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 Real Estate

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


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 Real Estate.

Are There Alternatives To Free House Formula?

are there alternatives

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 2022?

Digital Real Estate

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


3) Little To No Startup Costs: It’s possible to get into Digital Real Estate 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.


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 Real Estate, 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.


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

Small, local businesses need more customers, and with Digital Real Estate, 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 Real Estate 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 Free House Formula 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 Real Estate.

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 Real Estate.

Table of Contents

Brittney Here!

I get to travel the world and live life without financial worry thanks to the system below!