I’ve heard from a lot of my students that one reason they’re interested in investing is to wholesale their way to nice chunks of cash. And while we’re also in this business to help solve people’s problems – yes, there are also sweet profits that come with these deals.
But, what I don’t hear a lot about, especially from newer investors, is talk about how to build long-term wealth and stability.
But I get it… I mean, when I first started in REI, I really didn’t care about cash flow. Yep, yours truly, Cody Sperber, was young and uneducated - I only cared about creating a spread between what I could get a property under contract for and what I could quickly flip to another buyer for. I was short-sighted, thinking only about the profit from each wholesale deal - quick payouts and the ability to “invest” with no money or credit.
So, thinking I had this thing under control, 2 years into my full-time wholesaling business, I take some time off to live life. After all, I was…
Cody Sperber
is founder and CEO of www.CleverInvestor.com. He's successfully closed many different types of real estate transactions including wholesale deals, short sales, multi-unit, subject to, lease options and my own proprietary investing strategy, the Reverse Short Sale. As a new investor he quickly gained a huge competitive advantage by mastering online lead generation, building one of the most successful real estate investing firms in the Arizona market. His companies have bought and sold hundreds of millions in properties and closed hundreds of real estate transactions. Before real estate, Cody served in the Navy and attended Arizona State, and he is now married to his best friend and has two beautiful children (Hudson and Brynlee).