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 (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 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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113 Customer Reviews for Scott Yancey

Average Customer Rating: 1.4
Rating Snapshot:
5 stars: 3 4 stars: 5 3 stars: 3 2 stars: 9 1 stars: 93
Bottom Line: 12% would recommend it to a friend
Showing 1-11 of 113
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  • Review of Real Estate Seminars

    Very informative training provided at the 3 day free seminar on Real Estate investment. The additional 3 day Boots on the Ground training was excellent. I think if you take action and follow the plan you can be successful.

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

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  • Boots on the Ground Event - Fort Worth, TX 4/28-4/30

    Really enjoyed the boots on the ground event in Fort Worth - the training is topical/real world stuff that should help any real estate investor from newbie to advanced get off the ground.

    BOG training includes calling realtors, reviewing listings, learning about repair estimating at Lowe's, going to properties and being exposed to various scripts of what to say to investors, realtors, etc.

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

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  • Flim-Flam

    I can not believe that with all the money that the Yancey's have earned with their TV show, not to mention the profits from the actual "flipping", that they would feel the need to associated themselves with this seminar. I attended a sales session and found myself being harangued by a bunch of "carnival barkers." "Hurry-hurry, step right up, only a limited number left at this special price." No real information given out, just sales pitches (puffing), and then they reneged on the promised "gift handouts." A total waste of my time, and almost laughable. I did not buy into the "deal" but understand from some who did that the next level was just more selling, at much higher prices, with little real info given out.

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

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  • 11 out 13 people found this review helpful

    Don't do it

    • San Jose, CA,
    • Apr 11, 2016

    First of all, that's me in the video testimony. But I NEVER attended a Scott Yancey program. The description of his program is identical to another that my ex wife and I did attend. We spent thousands of dollars and a lot of hard work. My advice – STEER CLEAR! These programs shouldn't be legal. While there is some good information, they will sell you in circles and leave you with empty pockets.

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

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  • 11 out 11 people found this review helpful

    Boots on ground and semniar

    I don't recommend this. I am sure if you buy all their so called DEALS you MAY do okay. However, if you are there to learn how it is done on your own, FORGET IT. The DEALS they sell you are never finished and you end up paying a fortune to have them corrected. If you call there so called attorney out of Utah you get pasted around to everyone in the office. So you never get a straight answer. Good luck what ever your choice is!

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

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  • 13 out 15 people found this review helpful

    A Lying Scheme

    Do not do this if your money is important to you. The money they talk about are loans unless you can find a cash buyer. Based on my opinion, they are using people to make money and not caring about the condition of the person. They don't care that they are taking thousands of dollars out of the pockets of people who can ill afford to give up their money. The hard sell, pushy salesmen, half truths and demanding that you make a decision on the spot makes this a scheme and not a business opportunity. Don't do it!! I'm telling you, don't do it. The only reason I gave it a one was because I had to.

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

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  • 24 out 26 people found this review helpful

    Real Estate Workshop

    • Greenville, NC,
    • Feb 23, 2016

    I do not recommend this, it is only a sales gimmick to get more money. You get what you pay for, not! I wasted $200 for the three day class to learn that they wanted more money to teach me the things I need. They showed a great website that was free for the first month, then automatically deducts thereafter, however, it costs more to get the complete website.

    Then you pay $49 at the free seminar, for a workshop to teach you investments. Guess what, a stock workshop is what it is called. I have requested a refund to this, because after reading about it, they only want more money for investing. However, I cannot get a straight answer as to getting my money back. I spoke to representative, and they said they would email me the next day. He said I would need to respond to the email, but I have received no email. I sent them six emails, and have yet to get anything other then what he told me before. His email states he is out of the office until the following Monday, which is after the workshop.

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

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  • 31 out 33 people found this review helpful

    Buyers beware of what you are really buying

    • Lahaina, HI,
    • Feb 18, 2016

    I attended one of the free seminars, and after three hours, I signed up for the three day workshop, and gave them my credit card, but on one condition. I asked point blank (because I had attended another company's real estate courses, and was frustrated when all they seemed to do was offer more expensive training $20K to $50K), and wanted to know if Scott Yancey's course was the same. I told them I was a senior living off Social Security with a disability, and cannot afford to go further in debt. The presenters told me that no, Yancey's course does not do that. After I had given them my money, the registration was never properly processed, and I never received my passwords to the real estate website, or a welcome call. When I called the company, I could never get a hold of someone who could actually help me, and no one returned my calls. I then looked at the website, and I saw that they do sell expensive packages for $20K and more. So the presenters LIED at the free seminar! When I finally did talk to someone at the company, and told them about the misrepresentation, the registration problem, and the lack of customer service, but he was very rude to me, and told me that he would authorize a credit back, but he told me to never waste his company's time, and to never attend another seminar again!

    Here it is again, February 2016, and the TV is blasting ads to meet the Yanceys in person, and attend their free seminar. They obviously do not keep good records, as I just received another offer in the mail to attend this free seminar in Maui again. If this company has such poor customer service in handling a three day workshop, just imagine those who spent $20K or more, and are getting such bad customer service. They wasted my time by not telling me the truth.

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

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  • 4 out 29 people found this review helpful

    The information was great

    • Greenville, SC,
    • Feb 6, 2016

    I enjoyed the event, and will attend the boot camp for two days as well.

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

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    Comments (2)
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    • Feb 26, 2016

      Tammy

      Not enough information given. Review is pretty much worthless.

    • Apr 7, 2016

      Eugene Sussli

      This is a worthless review, because at the free seminar there is absolutely no useful information given out. It was nothing more than a 2-1/2 hour commercial to spend $2 grand for their 3-day boot camp, which in turn is an infomercial to spend much more money for their 'advanced education.' So how can you recommend this to your friends, unless this review was written by someone from the seminar company itself.

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  • 42 out 45 people found this review helpful

    Rude & incompetent.

    • Schaumburg, IL,
    • Jan 29, 2016

    I have signed up for this course because a fast paced seminar is a good way to learn new things. No doubt all information they have to offer can be found for free on the internet. I enjoyed initial "seminar" where I had an "opportunity" to sign up for their three day get away seminar at a discounted price. $199 for two people compared to $1997 for one sounded like a hell of a deal.

    Clearly a different crew is running initial session and the three day event. Support crew at the actual seminar was rude and disrespectful towards participants. The leading presenter immediately asked for additional $30K from participants, which is a registration conversation before creating any enrollment and showing tangible results. He did however "offer" an opportunity to get a discounted $595 offer that was originally $1000, that normally cost no more than $150 at the Secretary of State site. Clearly it is a way to extort or milk money from people. The event was planned badly. The rented room from a hotel was too small. Clearly they are cutting corners just to get your money.

    The presenter told us that there would be no breaks but we can take break any time we want. "They would go on with course without breaks. There was so much material.” Funny, right? It is just about selling a real estate. It was just an illusion to create a sense of importance. A sales gimmick to get more of my money next day.

    I needed to take a break to go to a restroom - no breaks, but if needed, just take them. I walked out of the room to go to the bathroom. I was told by a rude door assistant that I would not be allowed back in. I found it a bit strange, given all they were after was our cash resources. Regardless, I was upset because I was there to learn something new. I walked around a guy that wanted to stop me but a much larger bouncer like guy physically blocked my pathway. It was a strange experience. I felt upset because I wanted to participate to learn new things; I am not sure why the rude crew would block me from participating. I guess, as the lead presenter came out clear, that everyone from "support team" gets paid lots of money for supporting participants. However with me gone, they do not get chance to steal more of my money.

    I will be calling my credit card to reverse all charges. My experience is that they are all thieves. Stay away from them.

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

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    • Feb 24, 2016

      Teresa Donohue

      Went to Tacoma Convention Center to see Scott and Amis Yancy. We saw them for maybe five minutes then got handed over to fast talking BSer's selling other products. SCAM! It's a hard sell tactic. I got home after the long day of hearing snake oil salesman and decided to look them up. One site was shut down for good, another site stated Web page not available. I was told it would be about one and a half hour deal. We got there at 11am and walked out at 6pm during another hard salesman pitch. It's the old bait and switch BS.

      Do not attend if you get a flyer! I'm saddened by the fact that Scott and Amis would be a part of this but hey... guess they don't care how they get their money Was a huge fan. Now I'm not. I'm really mad.

      If this helps one person, I've done my job!

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  • 42 out 44 people found this review helpful

    Please don't do it.

    It's so sad that Scott Yancey allowed these people use his name to attract other people sincerely looking to improve their future. I am a Real Estate agent and already started a business flipping houses. We decided to attend the first invitation, to learn more about the business. They tell you that you need to pay more than $2,000 to have access to the tools and knowledge. Sadly, I paid it. The "seminar" is purely motivational. The "teacher", who was more of a bully, pressed you to invest THOUSANDS of dollars to be part of a system that I am sure doesn't work. I didn't go back, and I feel sorry for all those senior citizens willing to give their savings and 401K for an empty promise. These people should go to jail.

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

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