About Scott Yancey

Investing in real estate has been a path to wealth for a very long time, but it wasn’t until the release of popular TV shows like A&E’s “Flipping Vegas” that the strategies used by these businesspeople—and the trials and tribulations they experienced—were on display for all to see (and perhaps learn from).

Based on the TV show’s success, “Flipping Vegas” star Scott Yancey launched his line of real estate investing seminars hosted all across the country, so that he could help others achieve success. How? By teaching proven investment strategies about how to make “your money work for you.” While each of these seminars can teach vastly different content, Scott typically focuses on four key areas:

  • Residential real estate
  • Commercial real estate
  • Tax liens & tax deeds
  • Multiple income streams

Is this what you’ll really get, though? If you just started researching Scott Yancey and his seminars, we’ll be totally upfront: you’re going to come across a lot of negative reviews—including here on HighYa, many of which continually reference the same problems. But is this feedback necessarily warranted? What can we learn from it (here’s a hint: If your main goal is to get a free lunch or learn everything you need to know from the free seminar, you might end up disappointed.)? And using this information, who might these seminars work best for?

We’ll address all these important questions—and explain why we came to the conclusions we did—in this review. Let’s begin by talking about Scott Yancey himself.

Who Is Scott Yancey?

As we mentioned above, Scott Yancey originally rose to fame as star of the A&E TV show “Flipping Vegas,” which follows him and his wife Amie Yancey (a designer by trade and prolific real estate agent in her own right) around the city as they buy, renovate, and then sell different homes for profit. Currently, the show is in its fifth season (on air since 2011).

Before becoming a reality TV personality, Scott was involved in real estate at a very early age. In fact, he purchased a second deed of trust for a home mortgage when he was just 14, and became a runner for real estate attorney Walter J. Plumb III while in college.

Although he’s lived in Las Vegas since 1994, it wasn’t until 2008 that Scott founded his real estate brokerage and investment firm Goliath Company, which “focuses on investment properties buy and hold approach,” including retail department stores Las Vegas, NV, Provo, UT, and Tempe, AZ.

What about Scott Yancey’s seminars, though? We had a unique opportunity to attend one, take some notes, and speak with the man himself, which is what we’ll discuss next.

Our Scott Yancey Seminar Experience

Based on the amount of customer feedback here on HighYa (we’ll talk more about this in a second), Scott Yancey and his team invited us out to one of their seminars in January 2016, with the goal of giving us a better idea of what they’re all about, what their attendees experience, and more. We’ll cover some of the highlights in this section.

Note: In the interest of full disclosure, the company paid for our airfare and hotel stay, although some of the students in attendance may have received the same. And other than a little extra time with Scott, we were afforded no special treatment and we received no compensation in return.

Different Types of Events

Before we dive in, it’s important to outline that there are two basic types of Scott Yancey events: free (also known as “preview”) events and paid events, each of which focuses on different information. For example, preview events concentrate on:

  • Getting your real estate investment off the ground
  • Choosing the best areas to invest in
  • Ensuring your investments always remain profitable
  • Generating passive monthly income, or “big monthly paydays”

On the other hand, Scott’s paid events and services focus on a much broader range of topics, including:

  • Boots on the Ground
  • The Buying Summit
  • Inner Circle
  • On-Demand Training, which includes:
    • Seller Financing Boot Camp
    • Residential Rentals Boot Camp
    • Quick Cash Boot Camp
    • Cash Flow Boot Camp
    • PropTrend Real Estate Software

Of these, we were invited to attend a Buying Summit event.

Buying Summit Event, Day 1

During the initial meet and greet/networking session, our first impression was that everyone attending the event seemed friendly, optimistic, and energetic. The vibe was laid back and a lot of people were smiling and laughing.

Important note: Even though these seminars bear his name, Scott Yancey is not the main spotlight. Instead, they’re operated by a company based out of Utah, who utilizes Scott’s strategies and brand for marketing purposes.

During this time—as well as other times throughout the day—we noticed a fair amount of upselling, although we always found it relevant to the topic. In addition, the room adjacent to the conference room was filled with more relevant resources (different companies had their own booth to help you expand your business), so attendees could visit at their leisure. Here, it appears the parent company partnered with Lear Capital, so there was a lot of talk about precious metals, IRAs, insurance—and even brain supplements!

But here’s our take: Personally, the HighYa team is pretty tough on upselling, so we’re especially sensitive to when it’s occurring. In this instance though, we didn’t feel pressured to buy at any point, and the vibe remained laid back.

After watching a few clips of ”Flipping Vegas,” Scott and Amie Yancey walked onstage, he began talking about how he got started, why he does what he does, along with explaining his “your network is your net-worth” motto, all in a nice, humble manner.

The “Meat” of Scott Yancey’s Seminar

After his introduction, Scott dug into the meat of his presentation, where he discussed buying low, selling high, what factors trigger the housing market to go up and down, as well as riding massive waves of growth. He also talked about diversifying your real estate portfolio between options like single family homes, land, apartment buildings, and even stock options.

Then, Scott moved on to discussing real estate fundamentals, like:

  • Location
  • Quality
  • Price
  • Market stability
  • Unemployment rates (if there are jobs, then the housing market goes up, and vice-versa)
  • The housing industry (new to old)
  • Rentability
  • Comparables in the area
  • Rising sale prices
  • Shrinking inventory

Sprinkled here and there, attendees also learned about tax regulations, dos and don’ts, how to file for non-profit status, and more. There were lenders on-hand to help attendees finance different deals (regardless of credit score), and other tools to help them obtain their first property.

Our takeaway was that, even as non-real estate investors ourselves, this information really helped put things in perspective.

Our Time with Scott Yancey

After lunch, which was flavorful and delicious (the dessert was phenomenal!), we were able to meet with Scott for 20-30 minutes, where we were able to hang out, hear about his events in his own words, and share what we do here at HighYa. He’s definitely not a jerk like “Flipping Vegas” often makes him out to be (hey, drama sells!), and he seemed humble, down to earth, and genuine, yet high-energy.

When we inquired about the useful of real estate seminars like his, Scott likened his service to a gym membership. By paying for one, you’re gaining access to a suite of professionals who can provide coaching, mentorship, and accountability, which can truly help people achieve their goals.

But in order to achieve these goals, you have to put in the effort; you have to work out. If you choose to pay for your membership but not utilize all the tools it provides access to, you won’t get results. And it’s the exact same with Scott’s seminars and other services.

Talking With Other Seminar Attendees

Finally, everyone was able to have a Q&A with Scott, where we discussed just about anything real estate-related, along with a few members from the Creative Wealth team and co-stars from the TV show “Renovate to Rent.”

I also had a few opportunities to talk with other attendees and see what they thought about the overall experience:

  • One woman in her late 40s mentioned that about 20% of the seminar provided valuable information, but the remaining 80% was hype and motivation. She said she didn’t need the motivation (but could see where it might be useful for some people), and felt that it was a good overall value and she didn’t have any regrets. Her only recommendation would be to cut down on “all that yelling.”
  • Another woman in her mid-60s with no real estate background mentioned that she was happy as well, but that should would like more “literature.” She said she also felt out of the loop and a little lost, and wished the information was a bit more “digested” and “tangible.”
  • Two ladies in their late 40s or early 50s who came together told me that this was their first real estate experience, and so far they thought it was informative. There were happy with no regrets.
  • A man in his 60s who was attending the even with his daughter, claimed that he had 35+ years of experience in real estate. Overall, they were both happy and found the information valuable.

Our Final Thoughts About Scott Yancey Events & Seminars

When you’re searching for Scott Yancey reviews online (including here on HighYa), you’re sure to encounter a lot of complaints about his events, the most common of which seem to reference:

  • High-pressure sales tactics.
  • Basic information you could probably find elsewhere for free (or for a minimal amount of money, such as the cost of a book).

To this first complaint, although there was admittedly a lot of upselling (even one of the attendees we spoke with mentioned it), none would be what we’d consider “high-pressure.” To the second complaint, although we’re not real estate investors, we definitely didn’t find the information basic. In fact, unless you’ve got some solid experience already, you might feel left behind, as one of the others who we spoke with mentioned.

However, the Buying Summit we attended is a higher-level event, and there are dozens of packages and tiers that would probably act as a solid foundation building up to this point.

Could you find this information elsewhere? We don’t think Scott claims that his methods and strategies are proprietary, so it’s certainly possible. But if you’re not the DIY type, are looking for built-in mentorship (again, depending on the package) and networking opportunities,--and have the money, we think his events and seminars could provide a decent bang for your buck, even compared to other real estate mentorship programs we’ve reviewed.

Again though, anything you learn at these events won’t generate money on their own; you have to utilize the tools and work the system.

Bottom line? There is certainly a lot of selling going on at some of Scott Yancey’s seminars, which, based on personal preference, might not be your cup of tea. But in our opinion, they’re definitely not a scam and could very well help you get your real estate investing career off the ground, or take it to new height—you just have to commit to putting in the work.

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172 Customer Reviews for Scott Yancey

Average Customer Rating: 2.3
Rating Snapshot:
5 stars: 40 4 stars: 16 3 stars: 3 2 stars: 9 1 stars: 104
Bottom Line: 36% would recommend it to a friend
Showing 1-11 of 172
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  • 3 day boot camp

    We attended the 3-day boot camp and we learned a lot of valuable information we need in order to success in the business. Thank you Mr. & Mrs. Yancey.

    Bottom Line: Yes, I would recommend this to a friend

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  • Boots on the Ground event

    • Atlanta, GA,
    • Dec 5, 2016

    I attended the 3-day Boots on the Ground training in Atlanta last weekend with Casey Poppinga, and I must say I learned so much! Even having closed on RE deals before, this training opened up a can of worms for me on how to GROW my business and leverage other people's time and skills. Everything about the training was practical, with live calls to cash investors, property walkthrough and analysis, and even a trip to Lowe's to more accurately assess repair costs. I'm so glad I went and I'd recommend it to anyone who's serious about building wealth in real estate.

    Bottom Line: Yes, I would recommend this to a friend

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  • 1 out 1 people found this review helpful

    Boots on the Ground - Atlanta

    Joe and Amber have so much knowledge and they share it so well. I just pray and hope to sell correctly, am trying to do at least one (if not more) thing per day and want to complete my first transaction (which will be a miracle), then to my lofty goals. I need all the support I can get -- and you provide it. Thanks.

    Joe's "crawl before you walk and walk before you run" and God's grace and strength will keep me going. All I can say is that I will not quit. Slow maybe but I am in good hands with you.

    Bottom Line: Yes, I would recommend this to a friend

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  • 1 out 1 people found this review helpful

    Great Business Idea

    The first time I saw the commercial, I knew this was something I wanted to do, although I had no knowledge about fix & flip, or the likes. I had just graduated with my MBA two days prior to seeing the commercial. It seems like a wonderful graduation gift, so I attended the seminars. As a matter of fact, the first seminar was so inspiring and Scott Yancey was so great in his presentation I signed up immediately. I'm now completing my boots on the ground training, I love the ideas, and the knowledge gain is incredible. I feel I'm equipped to run with this business, and I know I am going to succeed. Kudos.

    Bottom Line: Yes, I would recommend this to a friend

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  • 1 out 1 people found this review helpful

    Do not trust them

    • Grand Junction, CO,
    • Nov 30, 2016

    The invitation was for lunch. In the weeks prior to the seminar, I received numerous emails and phone calls. One call I answered the phone and said "This is Shawna" then he asks "Can I please speak with Shawna". I decided to go during my lunch hour. After arriving, we are told the first speaker is 90 minutes then there will be lunch then another 45 minute presentation. When someone says lunch, to me it's within an hour. I noticed several other attendees were not happy once this was learned. The seminar was just a pitch for a weekend workshop that was going to be held two days from now. I did leave after the speaker mentioned that when you ask your broker about using self directed IRA's to buy real estate they would tell you "you can't". I am a broker and I tell my clients they CAN do this and that real estate should be a part of everyone's portfolio. I then asked for my release form back (this form states it's ok for them to contact you). Since the seminar, I have received a phone call every day even though they do not have permission since I took my form back.

    Bottom Line: No, I would not recommend this to a friend

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  • 21 out 28 people found this review helpful

    A scam from the start

    You CANNOT trust a company when they start to lie to you from the start, in their "Free Seminar". Just attended their Dinner Free Seminar last night and want to warn anyone who is planning to attend.

    Their TV ad shows the free seminar will give you the following:

    1. Ad shows - how to earn money. Reality - a sales pitch for a $1197 3-days retreat, and a $297 stock investing workshop.

    2. Ad shows - hot food buffet. Reality - a box sandwich, small apple, cereal bar; not even soda or bottle water.

    3. Ad shows - a really nice MP3 player. Reality - a 1" x 1.5" cheap plastic 'player', has not worked yet for me.

    4. Ad shows - a Scott Yancey CD consists of tips. Reality - yes, I got a CD, will not watch it as I am already disappointed with their promises.

    5. Ad shows - a USB drive. Reality - No, did not receive one.

    6. When I called to register for the seminar that is holding in GA right now, they told me each person will receive a tablet. Reality - No tablet. The brochure has a fine print that it is a prize selected by a 3rd party. And it is up to them to deliver the promise.

    Here is the program for the evening:

    1. Sell you their 3 days seminar for $1,197.

    2. Then you get your box sandwich.

    3. Then sit thru another hour of speech to sign up for a stock investing class.

    4. Then you receive this cheap 10 cents MP3 player.

    So if you want to sit through a 3 1/2 hours of selling pitches and receive a $5 box meal and a 10 cents MP3 player that may not work, then do sign up and go.

    This has put such a bad taste in my mouth I will not be watching Scott's show anymore, nor anything he will be selling.

    BTW: I feel ALL the 5 stars positive reviews here are fake. They are short with not much details.

    Bottom Line: Yes, I would recommend this to a friend

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  • 3 out 11 people found this review helpful

    Boots On The Ground

    I've just completed my 3-day Boots on the Ground Real Estate Investment training and I can't recommend it highly enough. The "real world" training given by Ali Safavi was so much more than I expected - he totally over-delivered. I feel totally equipped to go into the marketplace and be successful right away. In fact, I expect to be in my first deal this week.

    Bottom Line: Yes, I would recommend this to a friend

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  • 2 out 7 people found this review helpful

    Boots on The Ground

    I was overwhelmed with all the information I got from the three-day Boots On The Ground classes.

    I could see after going to the initial seminar, which I received a postcard to, that there was a lot of possibilities in this real estate investment business.

    I am really glad that I went to The Boots On The Ground classes. The teacher was very knowledgeable from all his past experiences. And made sure we all understood the different types of opportunities and ways of investing.

    My partner and I are looking forward to a prosperous year.

    Thanks for the opportunity.

    Bottom Line: Yes, I would recommend this to a friend

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  • 2 out 8 people found this review helpful

    Great Information

    Attended the class this week, and had a great experience. Very informative with a lot of feedback and real-world examples. I highly recommend!

    Bottom Line: Yes, I would recommend this to a friend

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  • 34 out 35 people found this review helpful

    Don't Take the LEAP

    • FL,
    • Oct 3, 2016

    We attended a "Free" seminar in our local town a few years ago. My husband was about to retire and we were looking for a new business venture. The weekend class sounded great. It was an investment ($3k) but not totally out of line. We attended a few weeks later and fell victim to the largest and most costly mistake of our lives. We signed up for the Vegas week-long course to the tune of ($20k) which included our plane tickets and accommodations for 4.

    We further dug our financial grave by purchasing 4 rental properties in Michigan and 1 note. Within 45 days of returning home, we realized we had made a mistake. But really we didn't realize the enormity of the mistake until about 6 months later. The houses were supposedly rented to quality renters, section 8 ready (meaning they were in great shape) and they were income producing properties. NEGATIVE, the property manager was awful, the properties were in awful shape and had constant issues. The tenants were a disaster.

    In the end, we did a deed in lieu of foreclosure on all 4 properties and had to take the other property that we did the note on with a deed in lieu. Buy PD was nice enough to "buy" it back from us for what was owed.

    We feel this is the scheme. They put on a great show. Sell you an overpriced house for 20% cash down, hard money loan at 12% with huge promises. After 6-8 months it becomes clear there is no way it's a cash producing property and you are just looking for a way out. You take a $1000 for a deed in lieu of foreclosure. The person who loaned the money is freaking because what are they going do with the house & they buy it back for the 80% they loaned. They turn around and sell it again for a full price and get the next unsuspecting fool who is willing to put up 20%.

    It's a Ponzi scheme, don't fall victim. We lost a lot of money and will now have to work many more years.

    Bottom Line: No, I would not recommend this to a friend

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  • 1 out 11 people found this review helpful

    Boots on the Ground, Lisle, Illinois

    It all came together at the end of the Boots on the Ground workshop, held in Lisle, IL on 10 September 16. I was privileged to be part of Chis's "A Team."

    Bottom Line: Yes, I would recommend this to a friend

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Showing 1-11 of 172

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