Earnings Disclaimers
Effective April 12, 2018
Clever Investor emails every purchaser of its “Mentoring,” “Your First Million in Real Estate” and “Fast Track Profit System” programs and asks them to participate in a survey related to their participation in these programs.
The surveys are conducted with a view toward determining the average or “typical” results of program participants. 125 “Mentoring” students responded; 102 students responded to the survey for “Your First Million in Real Estate;” and, 293 students responded to the survey for “Fast Track Profit Systems”.
Not all survey respondents responded to every question.
The survey process began in January, 2017. Surveys are anonymous and were promoted as such to encourage honest responses. IP addresses were tracked and participants were unable to submit more than one survey to maintain the integrity of overall results.
There are certainly many variables to take into account in determining what are the typical experiences and results of Clever Investor students. The surveys take into account: prior experience, time expended, scope of the courses that were completed, program satisfaction, and types of transactions. Please note that geographic location was not included and real estate activity, property values and profit potential is greatly affected by specific market conditions.
The results of each survey are summarized below.
Real Estate Mentoring Program: (125 responded; all percentages rounded to nearest whole number and adjusted to meet 100%)
Participants have been in the real estate business: 0-6 months 9.6% (10/125), 6-12 months 21.6% (27/125), 1-2 years 24% (30/125), 2-5 years 20.8% (26/125), 5+ years 24% (30/125)
Interested in real estate prior to enrollment in the program: < 1 year 32% (40/125); 1-5 years 31.2% (39/125); > 5 years 36.8% (46/125) (rounded)
12.8% are not active at all in their real estate business; 16.8% spend 0-5 hours per week; 18.4% spend 5-10 hours; 20.8% 10-20 hours; 19.2% 20-40 hours; 12% 40+hours
17.6% (22/125) are licensed real estate agents
54% (48/89) used every resource of the program, and an additional 16% (14/89) went through more than half of the calls and training; 30% (27/89) went through less than half of the training (including 4% (4/89) that didn’t start the program at all)
Approximately 41.4% (46/111) spent < 5 hours per week on the program; approximately 58.5% (65/111) spent > 5 hours per week on the program (including 42% (42/111) who spent more than 10 hours per week)
The most popular aspects of the program were the 1-on-1 mentoring calls (used by 86.9% (93/107)) and group classes/webinars (used by 66.4% (71/107))
The least popular aspect of the program were the live events (attended by 22.4% (24/107))
About half of participants used the Deal Automator/M5 Marketing, Fast Track profit system, VIP concierge service and Technical support
Approximately 40.2% (43/107) used the Advisor support line and Real estate deal reviews
28.8% (32/111) of users would rate the program “excellent”; with an average score of 3.62/5
70.1% (61/89) would recommend the program to others who want to learn how to invest in real estate
19.8% (22/111) have not made any offers on properties since starting the program; of the 80.1% who have: 32.4% (36/111) have made 1-5 offers; 7.2% (8/111) have made 100+
75.7% have spent money on marketing to generate leads (84/111)
73 people answered: Program got me more serious about real estate 75%; gave me a better understanding of real estate 84%; was the best real estate training I ever purchased 48%; is a good value 52%; helped me become more successful in real estate 41% (rounded)
Since using the program, 35.1% (39/111) have made money in real estate
Average amount of money made in real estate since joining the Mentoring Program: $73477 (35 responses, 1 made $0, and 2 did not provide real values) 7 made $100,000 or more
Average amount of money made by participants in real estate in their lifetime: $133947 (38 responses, 1 made $0, and 3 did not provide real values) 7 made $200,000 or more, 1 made $1M, 2 state “millions” (unspecified and not included in average)
74% (28/38) consider the program to be a “significant factor to your success in real estate”
89.47% (34/38) have completed a Quick Flip (wholesale); average = $6,469 (out of 25 responses)
45% (17/38) have completed a Fix and Flip (rehab); average = $22,333 (13 responses, 1 did not provide real values)
34% (13/38) have completed a “creative deal” (subject to, rent to own, etc.); average = $26,278 (10 responses, 1 did not provide real values)
53% (20/38) have completed a Buy and Hold (landlord); average per month = $1,862 (14 responses, but 1 is an outlier at $60-70k and was not includes in the calculation)
21% (8/38) have completed other deal types
“Your First Million in Real Estate”
64.47% have been involved in real estate less than 1 year; 9.8% have been involved for more than 10 years
Almost the same amount of students were interested in real estate for less than 6 months, 1-2 years and 10+ years (approx 20% each)
46% spent < 5 hours per week on their real estate business; 44% spent > 5 hours; 10% spent 40+ hours
16.67% are licensed real estate agents
32.63% went through more than half of the program; 28.42% watched every video
Nearly 26.5% dedicated more than 10 hrs per week to the program; 73.5% dedicated less, including those that spent zero (rounded)
42.11% (40/95) would rate the program as excellent, with an average score of 4.2/5
85.26% (81/95) would recommend this program to others
62% (57/91) have not made any investments in real estate. 19% (17/91) made 1-5; 7% (6/91) made 6-10 and 11-20; 6.59%(6/91) made 21-50; 4.4% (4/91) made 51-100.
37.36% have spent money on marketing to generate leads
81 people answered: Program got me more serious about real estate 69.14%; gave me a better understanding of real estate 76.54%; was the best real estate training I ever purchased 44.44%; is a good value 74.07%; helped me become more successful in real estate 24.69% (rounded)
Since using the program, 21.98% (20/91) have made money in real estate
Average amount of money made in real estate in past 6 months: $38,600 (19 responses; 3 did not provide real values) At least 2 have made more than $100,000 in the past 6 months. Another 4 made at least $50,000; Low of 0
Average amount of money made in real estate in lifetime: $515,905 (19 responses; 4 did not provide real values) At least 2 have made more than $1,000,000 and one has made $5,000,000; Low of 0
68.42% (13/19) would consider the program to be a “significant factor to your success in real estate”
57.89% (11/19) have completed a Quick Flip (wholesale); average high = $35,000; low of 0; average = $8,418.58 (out of 13 responses, 1 did not provide real values)
47.37% (9/19) have completed a Fix and Flip (rehab); average high = $35,000; low of $6,259; average = $22,084 (9 responses)
15.79% (3/19) have completed a Creative (subject to, rent to own, etc.); 4 responses, only 2 provided values: $1,500 and $3,000
63.16% (12/19) have completed a Buy and Hold (landlord); average monthly high = $16,000; low of $150; average = $4,300 (8 responses)
36.84% (7/19) have completed other deal types
“Fast Track Profit System”
Approx 25% each have been in the real estate business: 0-6 months, 1-2 years, 5+ years
Interested in real estate prior to enrollment in the program: < 1 year 23% (54/232); 2-5 years 22% (50/232); > 10 years 27% (62/232) (rounded)
29% are not active at all in their real estate business; 25% spent 0-5 hours per week; 18% spend 5-10 hours; 17% 10-20 hours; 7% 20-40 hours; 4% 40+hours
11.64% (27/232) are licensed real estate agents
50% went through more than half (including 21% that watched every video and used every resource) and less than half of the training (including 7% that didn’t start the program at all)
Approximately 50% spent < 3 hours per week on the program; approximately 50% spent > 3 hours per week on the program
29.67% (62/209) of users would rate the program “excellent”; with an average score of 3.89/5
74% (155/209) would recommend the program to others who want to learn how to invest in real estate
59% have not made any offers on properties since starting the program; of the 41% who have: 21.72% (43/198) have made 1-5 offers; 1% (2/198) have made 100+
46% have spent money on marketing to generate leads (91/198)
156 people answered: Program got me more serious about real estate 57%; gave me a better understanding of real estate 75%; was the best real estate training I ever purchased 45%; is a good value 65%; helped me become more successful in real estate 21% (rounded)
Since using the program, 17.68% (35/198) have made money in real estate
Average amount of money made in real estate in the past 6 months: $23,516 (32 responses, 3 did not provide real values) 4 made $80,000 or more; 1 made $180,000; Low of 0
Average amount of money made in real estate in lifetime: $217,422 (32 responses, 6 did not provide real values) 7 made $200,000 or more; 2 made $1,000,000 or more; 1 made $3,000,000; Low of $10,000
56.25% (18/32) consider the program to be a “significant factor to your success in real estate”
65.63% (21/32) have completed a Quick Flip (wholesale); average high = $35,000; low of 0; average = $10,443 (out of 15 responses, 1 did not provide real values)
43.75% (14/32) have completed a Fix and Flip (rehab); average high = $40,000; low of 0; average = $19,625 (13 responses, 1 did not provide real values)
25% (8/32) have completed a Creative (subject to, rent to own, etc.); average high = $40,000; low of 0; average = $10,750 (9 responses, 1 did not provide real values)
40.63% (13/32) have completed a Buy and Hold (landlord); average monthly high = $5,000; low of 0; average = $1,029 (12 responses)
28.13% (9/32) have completed other deal types
Cryptocurrency Alliance: Clever Investor is presently gathering survey data for this program and will be updating this disclosure when appropriate.
General Earnings Claims Disclaimer:
ANY EARNINGS OR INCOME STATEMENTS, OR EARNINGS OR INCOME EXAMPLES, ARE ONLY ESTIMATES OF WHAT WE THINK YOU COULD EARN. THERE IS NO ASSURANCE YOU WILL DO AS WELL. IF YOU RELY UPON OUR FIGURES, YOU MUST ACCEPT THE RISK OF NOT DOING AS WELL.
WHERE SPECIFIC INCOME FIGURES ARE USED, AND ATTRIBUTED TO AN INDIVIDUAL OR BUSINESS, THOSE PERSONS OR BUSINESSES HAVE EARNED THAT AMOUNT. THERE IS NO ASSURANCE YOU WILL DO AS WELL. IF YOU RELY UPON OUR FIGURES; YOU MUST ACCEPT THE RISK OF NOT DOING AS WELL.
ANY AND ALL CLAIMS OR REPRESENTATIONS, AS TO INCOME EARNINGS ON THIS WEB SITE, ARE NOT TO BE CONSIDERED AS AVERAGE EARNINGS.
THERE CAN BE NO ASSURANCE THAT ANY PRIOR SUCCESSES, OR PAST RESULTS, AS TO INCOME EARNINGS, CAN BE USED AS AN INDICATION OF YOUR FUTURE SUCCESS OR RESULTS.
MONETARY AND INCOME RESULTS ARE BASED ON MANY FACTORS. WE HAVE NO WAY OF KNOWING HOW WELL YOU WILL DO, AS WE DO NOT KNOW YOU, YOUR BACKGROUND, YOUR WORK ETHIC, OR YOUR BUSINESS SKILLS OR PRACTICES. THEREFORE WE DO NOT GUARANTEE OR IMPLY THAT YOU WILL GET RICH, THAT YOU WILL DO AS WELL, OR MAKE ANY MONEY AT ALL. THERE IS NO ASSURANCE YOU WILL DO AS WELL. IF YOU RELY UPON OUR FIGURES; YOU MUST ACCEPT THE RISK OF NOT DOING AS WELL.
REAL ESTATE BUSINESSES AND EARNINGS DERIVED THEREFROM, HAVE UNKNOWN RISKS INVOLVED, AND ARE NOT SUITABLE FOR EVERYONE. MAKING DECISIONS BASED ON ANY INFORMATION PRESENTED IN OUR PRODUCTS, SERVICES, OR WEB SITE, SHOULD BE DONE ONLY WITH THE KNOWLEDGE THAT YOU COULD EXPERIENCE SIGNIFICANT LOSSES, OR MAKE NO MONEY AT ALL.