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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161 Customer Reviews for Scott Yancey

Average Customer Rating: 2.2
Rating Snapshot:
5 stars: 34 4 stars: 14 3 stars: 3 2 stars: 9 1 stars: 101
Bottom Line: 33% would recommend it to a friend
Showing 1-11 of 161
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  • 1 out 1 people found this review helpful

    Boots on the Ground

    My wife and I attended Boots on the Ground training with Joe Jurek. The experience he shared with us is fantastic. We both feel totally confident in our endeavor to go out and look at and do the deals! Joe is so knowledgeable about speaking to the realtor and showing the class what to look forward to in a realtor and the homes.

    This has been a real experience worth every penny we paid.

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

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  • 3 out 3 people found this review helpful

    Excellent Yancey Event

    What a program. I came to this program with concerns and a little apprehensive. At the end of the 3-day program, I gained a new outlook. It all came together and I felt completed and ready to hit the ground running. I had the best instructor. Thanks Chris

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

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  • 2 out 2 people found this review helpful

    Boots On The Ground

    My experience since I started this program has been more than time and money well spent. I feel I have earned the knowledge needed to become a successful Real Estate investor.

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

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  • 2 out 3 people found this review helpful

    September 1-3, 2016 - "Boots on the Ground"

    As instructors at the titled training, Joe Jurek and Amber Gintz did an excellent job at making learning fun, exciting and easily applicable to the current world of rehabbing & wholesaling real estate.

    I was never bored during the entire three-day training period. On the third day, I left with a feeling of "NO FEAR" and a "Just Do It" attitude as I felt empowered by all the knowledge and wisdom imparted by each instructor.

    I must add that I learned by many of the other students too as we all were allowed sufficient opportunity to ask questions and to share success. In conclusion, every bit of the training was most enjoyable and very useful.

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

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  • 13 out 14 people found this review helpful

    Live Wealth-Building Even with Scott Yancey and his wife Aimee

    • Ohio,
    • Sep 13, 2016

    My husband and I registered for this Wealth Building Real Estate Event to see Scott Yancey and learn about flipping houses. First the infomercial showed people sitting at tables with table clothes during the event. Then the infomercial says don't forget you get free lunch and it shows a big hot buffet with everyone with plates serving themselves. Then the next line says every one will received a flash stick with learning material, a MP3 and the first 50 people will receive laptop computers.

    We signed up hoping to learn something so we could live comfortably since most of our 401K was used up to pay for bills. A few days before the event started a person calls me and wants to know if we want to upgrade to the VIP level for only $10 per person. I said no which was good, as when we got there the only thing the $10 would have gotten you was a lanyard with a name tag and a paperback book about flipping houses and the ability to go in the event hall a few minutes early.

    So after the VIP's went in we went in. We still got a seat in the second row and the VIP were scattered around the room. The only thing beside the book and the lanyard the VIP got was permission to go and get hot coffee next to the front door. The ones that didn't pay the $10 just got cold water with no ice. But most of the people got the coffee anyway as no one was standing there to chase you away if you were not a VIP.

    At the beginning of the program we were told by the gentleman from Yancey's company who was the speaker to wait until the end of the program to ask any questions. He said some of his people couldn't make it as there was a delay on the airplane. He also said usually they have more time in a rented hall but this time they had to make it short since the Hilton didn't give them enough time for the whole presentation. So he wanted to know if it was all right with us if he could speed through the course to make up for the time. We all said yes.

    It was supposed to be 90 minutes long per the infomercial. We never got the see Mr. Yancey at all. There was a lot of up selling. They wanted us to pay $1997 for the primary person and $497 for a second person for the 3 day event to learn more about flipping houses. But if we signed up that day and only that day, they would drop it to $997 and a second person could get the same thing for free. Nope too much money for our pocket. They also said we could have financing if we put $500 down and made 12 monthly payment on the balance. And when we made our first sale they would give us the $1000 back.

    Now remember the hot lunch that was mentioned in the infomercial? About 2pm we got a boxed lunch with a croissant turkey and Swiss cheese sandwich, a bag of Lays potato chip and a chocolate cookie ,and nothing to drink except for that water without ice. They gave us about 5 minutes to eat, trying to hold the box on our lap and eat the sandwich all at once. Not happy. The sandwich was good.

    Then another guy came up and started talking to us about trading and buying stocks and again that would cost us $997 for the primary person and $297 for the second person for a 2 day program. And normally even that was $1997, but again if we got it right now we could get it for the $997. Again we couldn't afford it.

    Well, all and all we didn't learn much. The were no laptop given away, not even a mention of them. We did get a DVD about flipping and the MP3 player, but not the paperback book since we didn't pay the $10 per person upgrade. And in my email conformation it say "Free Gifts: 2 Valuable Resource Discs, Scott's Best-Selling Book Laptop Computer." We didn't get 2 resource discs we only got one, no book and no laptop computer.

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

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  • 9 out 11 people found this review helpful

    Columbus Ohio Seminar

    Notice that there are 98 in-depth EXTREMELY NEGATIVE reviews from people who were scammed out of a lot of money. On the other hand there are 29 5-star cookie cutter reviews that are all essentially the same generic B.S. and in my opinion are fake. Upon researching this event I have found that this program is a typical money trap where they will try to "motivate" you into emptying your bank account and ruining your credit. This article claims they weren't paid to write this article and if somehow that's true, than they were "incentivised" to write it. Please do not waste you time and money on this.

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

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  • 1 out 3 people found this review helpful

    Great class

    Practical training and information for everyone who owns or wants to own real estate.

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

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  • 1 out 3 people found this review helpful

    Awesome

    Excellent presentation and I'm excited for the infinite possibilities.

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

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  • 1 out 3 people found this review helpful

    Helpful and Educational

    Taking the Boots of the Ground seminar has been a great thing for me. In addition to providing great information, more than I will remember, it has given me the confidence to know that I know what to do and go out there and do it. Thanks.

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

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  • 8 out 9 people found this review helpful

    Don't Do It

    Went to this seminar in Torrance CA. Let me tell you those speakers are great. So great that they have you nodding your head "yes" the whole time. They start out with having things in common with you and how all of a sudden this whole flipping houses can change your life.

    GET OUT NOW! While I was sitting there these 2 poor ladies were coming through the door yelling "We want our money back! This is a scam." The staff quickly shut the door, saying "they're just upset because there's not enough room for them to sit in this seminar." Red flags?

    I honestly just went there for the free gifts, which were not given out. The speakers are so great, they even got my attention, luckily my hubby was there to knock back some sense into me. They almost got me, but didn't, thank god. I just felt so sorry for those people (especially elderly people) so gullible signing up, with the pressure of "now or never, we only have it for this special price for a limited time" Please... This is a scam, this shouldn't even be legal.

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

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  • 4 out 5 people found this review helpful

    Dont treat people like garbage!

    I registered for an event at this Holliday Inn in Aurora, IL in advance and received all the confirmation messages. I rearranged my schedule to attend an event. Upon arrival I was turned away by the manager Eric Gonzalez because "all the seats were taken", which was a lie. Very poor planning and no appreciation for people's time. Disgusted with it.

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

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