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:
- 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
- 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?
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?
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 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
Codysperber.com, cleverinvestor.com, 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?
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?
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?
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:
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.