Earnings Disclaimer

Effective January 2020

Clever Investor emails every purchaser of its “Mentoring,” “Your First Million in Real Estate,” “Fast Track Profit System,” and “Your First Flip” 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. 165 “Mentoring” students responded; 102 students responded to the survey for “Your First Million in Real Estate;” 537 students responded to the survey for “Fast Track Profit Systems;” and 40 students responded to the survey for “Your First Flip.”

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: (165 responded; all percentages rounded to nearest whole number and adjusted to meet 100%)

Participants have been in the real estate business: 0-6 months 14.5% (24/165), 6-12 months 24.2% (40/165), 1-2 years 21.2% (35/165), 2-5 years 17.6% (29/165), 5+ years 22.4% (37/165)

Interested in real estate prior to enrollment in the program: < 1 year 35.2% (58/165); 1-5 years 29.7% (49/165); > 5 years 35.2% (58/165)

12.7% are not active at all in their real estate business; 15.8% spend 0-5 hours per week; 18.8% spend 5-10 hours; 23.0% 10-20 hours; 19.4% 20-40 hours; 10.3% 40+hours

15.8% (26/165) are licensed real estate agents

57.7% (86/149) used every resource of the program, and an additional 19.5% (29/149) went through more than half of the calls and training; 22.8% (34/149) went through less than half of the training (including 2.7% (4/149) that didn’t start the program at all)

Approximately 41.6% (62/149) spent < 5 hours per week on the program; approximately 58.4% (87/149) spent > 5 hours per week on the program (including 38.3% (57/149) who spent more than 10 hours per week)

The most popular aspects of the program were the 1-on-1 mentoring calls (used by 90.3% (131/145)) and group classes/webinars (used by 60.7% (88/145))

The least popular aspect of the program were the live events (attended by 23.4% (34/145))

More than half of the participants used the Deal Automator/M5 Marketing, Fast Track profit system, and Technical support

Approximately 42.1% (61/145) used the Advisor support line and 43.4% (63/145) used the Real estate deal reviews

31.5% (47/149) of users would rate the program “excellent”; with an average score of 3.7/5

71.8% (107/149) would recommend the program to others who want to learn how to invest in real estate

21.6% (32/148) have not made any offers on properties since starting the program; of the 78.4% who have: 39.7% (46/116) have made 1-5 offers; 6.9% (8/116) have made 100+

73.0% have spent money on marketing to generate leads (108/148)

132 people answered: Program got me more serious about real estate 71.2%; gave me a better understanding of real estate 78.8%; was the best real estate training I ever purchased 45.5%; is a good value 53.0%; helped me become more successful in real estate 40.2% (rounded)

Since using the program, 31.8% (47/148) have made money in real estate

Average amount of money made in real estate since joining the Mentoring Program: $69,563 (45 responses, 1 made $0, and 2 did not provide real values) 10 made $100,000 or more

Average amount of money made by participants in real estate in their lifetime: $122,824 (45 responses, 1 made $0, and 6 did not provide real values) 10 made $200,000 or more, 1 made $1M, 1 stated “millions” (unspecified)

73.3% (33/45) consider the program to be a “significant factor to your success in real estate”

86.7% (39/45) have completed a Quick Flip (wholesale); average = $6,848 (out of 37 responses)

46.7% (21/45) have completed a Fix and Flip (rehab); average = $24,333 (19 responses, 2 did not provide real values)

28.9% (13/45) have completed a “creative deal” (subject to, rent to own, etc.); average = $13,845 (11 responses, 2 did not provide real values)

51.1% (23/45) have completed a Buy and Hold (landlord); average per month = $2,187 (19 responses, but 1 is an outlier at $60-70k and was not includes in the calculation)

20.0% (9/45) 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 have been in the real estate business: 0-6 months (39.5%), 6mo-1yr (17.1%), 1-2 years (14.2%), 2-5 years (12.1%), 5+ years (17.1%)

Interested in real estate prior to enrollment in the program: < 1 year 28.5% (153/537); 2-5 years 20.1% (108/537); > 10 years 22.3% (120/537) (rounded)

28.9% are not active at all in their real estate business; 24.0% spent 0-5 hours per week; 15.6% spend 5-10 hours; 16.9% 10-20 hours; 9.1% 20-40 hours; 5.4% 40+ hours

11.5% (62/537) are licensed real estate agents

57.1% went through more than half (including 25.3% that watched every video and used every resource) and 42.9% less than half of the training (including 6.0% that didn’t start the program at all)

Approximately 48.9% spent < 3 hours per week on the program; approximately 51.1% spent > 3 hours per week on the program

30.7% (153/499) of users would rate the program “excellent”; with an average score of 3.9/5

79.4% (396/499) would recommend the program to others who want to learn how to invest in real estate

62.3% have not made any offers on properties since starting the program; of the 37.7% who have: 58.6% (106/181) have made 1-5 offers; 1.7% (3/181) have made 51-100

44% have spent money on marketing to generate leads (211/480)

421 people answered: Program got me more serious about real estate 55.8%; gave me a better understanding of real estate 71.5%; was the best real estate training I ever purchased 43.9%; is a good value 63.2%; helped me become more successful in real estate 20.7% (rounded)

Since using the program, 13.5% (65/480) have made money in real estate

Average amount of money made in real estate in the past 6 months: $48,827 (59 responses, 11 did not provide real values, 4 stated “0” and 1 stated “1” not included in the average)

Average amount of money made in real estate in lifetime: $220,805 (59 responses, 10 did not provide real values, 1 stated “Millions” 1 stated “2” and 1 stated “Over 1 million” not included in the average)

61.0% (36/59) consider the program to be a “significant factor to your success in real estate”

69.5% (41/59) have completed a Quick Flip (wholesale); average = $13,709 (out of 28 responses, 1 did not provide real values, 1 stated “0” and 1 stated “2” not included in the average)

44.1% (26/59) have completed a Fix and Flip (rehab); average = $23,867 (19 responses, 1 did not provide real values, 2 stated “0” and 1 stated “1” not included in the average )

20.3% (12/59) have completed a Creative (subject to, rent to own, etc.); average = $24,200 (10 responses, 1 did not provide real values, 3 said 0 and not included in average)

35.6% (21/59) have completed a Buy and Hold (landlord); average: $1,346 per month (17 responses, 1 did not provide real values, 2 said 0 and not included in average)

25.4% have completed other deal types

“Your First Flip”

Approx have been in the real estate business: 0-6 months (30.0%), 6mo-1yr (20.0%), 1-2 years (17.5%), 2-5 years (17.5%), 5+ years (15.0%)

Interested in real estate prior to enrollment in the program: < 1 year 37.5% (15/40); 2-5 years 17.5% (7/40); > 10 years 17.5% (7/40) (rounded)

30.0% are not active at all in their real estate business; 12.5% spent 0-5 hours per week; 15.0% spend 5-10 hours; 25.0% 10-20 hours; 7.5% 20-40 hours; 10.0% 40+ hours

10.0% (4/40) are licensed real estate agents

56.8% went through more than half (including 24.3% that watched every video and used every resource) and 43.2% less than half of the training (including 16.2% that didn’t start the program at all)

Approximately 43.2% spent < 3 hours per week on the program; approximately 56.8% spent > 3 hours per week on the program

51.4% (19/37) of users would rate the program “excellent”; with an average score of 4.3/5

75.7% (28/37) would recommend the program to others who want to learn how to invest in real estate

88.9% have not made any offers on properties since starting the program; of the 11.1% who have: 75% (3/4) have made 1-5 offers

63.9% have spent money on marketing to generate leads (23/36)

35 people answered: Program got me more serious about real estate 48.6%; gave me a better understanding of real estate 37.1%; was the best real estate training I ever purchased 31.4%; is a good value 57.1%; helped me become more successful in real estate 11.4% (rounded)

Since using the program, 16.7% (6/36) have made money in real estate

Average amount of money made in real estate in the past 6 months: $94,533 (6 responses, 2 stated “1” and 1 stated “0” not included in the average)

Average amount of money made in real estate in lifetime: $501,800 (6 responses, 1 did not provide real values, 2 stated “1” and 1 stated “1 million plus” not included in the average)

83.3% (5/6) consider the program to be a “significant factor to your success in real estate”

66.7% (4/6) have completed a Quick Flip (wholesale); average = $9,300 (out of 2 responses)

33.3% (2/6) have completed a Fix and Flip (rehab); average = $50,000 (2 responses)

33.3% (2/6) have completed a Creative (subject to, rent to own, etc.); average = $11,500 (2 responses)

50% (3/6) have completed a Buy and Hold (landlord); average: $1,000 a month (3 responses)

50% 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.

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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.