About Scott Yancey
Scott Yancey is one of the stars of the A&E television show, Flipping Vegas, and the proprietor of his own personal real estate investment system, which he promotes through seminars and books.
In his TV show, Scott Yancy, his wife Aimee, and a whole team of contractors purchase houses in the Las Vegas area and then “flip them,” which is a term used for affordable renovations made to a piece of property that will allow you to quickly resell it for a profit.
On his website, ScottYanceySeminar.com, his published biography says that Yancey’s grandfather was a successful real estate investor, who taught him the basics of profitable real estate investment from a young age.
Now Yancey is providing his expertise and knowledge to a wide audience, not only through his TV show, but also his book Go Time, and his nationwide series of seminars, which are described as “live real estate income events” where people can “learn secrets from the pros.”
These seminars are intended to show the attendees how to get started as an investor, how to pick the right area of real estate, how to create profit regardless of the state of the housing market, how to generate monthly cash flow, and more.
The website is very clear, however, that these seminars and informational sessions are meant to give people access to real estate education and investment training. Customers who attend this seminar looking for a ready made real estate business opportunity will likely have complaints, as this will not be the focus of the material shared.
TV stars of shows which focus on real estate flipping often take their information out to the public in this very way, just like the Armando Montelongo study course or the Fortune Builders educational website, which is run by some of the cast members of the show “Flip This House.”
If you have any experience with this website or its products, please leave your Scott Yancey reviews below.
67 ‘Scott Yancey’ Reviews
Sad but true...SCAM
My husband and I just attended the free seminar in Westminster, CO last night and left after the first break and the $2000 3-day retreat pitch. As others here have stated, there were many 'red flags', especially not being able to ask any questions. And the whole cold room thing; I had no ides that was part of the ploy...I was freezing!! We decided to research all of it first, then if the reviews were good, we would perhaps invest in the retreat the next time around (there's always a 'next time').
After reading all the negative reviews, and the fact there is no lending from the Yancey Company at 1% interest, only the pressure to spend more and more of our money, I can only say WHEW! And I want to sincerely thank you all for your information...you saved us from loosing our hard earned money and coming away feeling disappointed, not to mention embarrassed. This is truly sad that people will do this to others with out any degree of conscience of guilt.
I feel so bad for all those we watched sign up for the retreat and hand over their money...my only hope is that they too came home, did their research and have since requested a refund.
Again, thank you all for sharing your experience and/or knowledge of this scam...you helped us 'dodge a bullet'!
Come on people
I have to say it blows my mind that in today's day and age people are still falling for these scams. Scott is a prick! The way he talks to people including his plastic wife should tell you everything you need to know about the guy. You can have a successful business and treat people with respect. He has NONE. Not to mention to mention they are preying on innocent people to make more money off of. Trust me he knows what they are doing and I'm sure he's getting paid for his likeness. Come one people, it's 2014..
The Scott Yancey free live event
I have read the reviews of this event and had the displeasure of attending one in St Pete Florida last Saturday.
My wife and I love the TV program Flipping Vegas and jumped at the chance of getting to hear Scott talk in an open room about what it takes to become a success in the world of reality "or so we thought" First of all, Scott wasn't there adding to our immediate dismay and the atmosphere was less welcoming than we had expected. Four guys in blue polo shirts dwelled in the background texting and walking around like prowling tigers. We were handed a sign in form which asked for every thing from address to phone numbers and I asked the question was Amie with Scott? ... Scotts in Vegas was the reply.
Then why is this event to promote him being here I asked? .. We will get you seated shortly was the reply. he avoided my question and walked away.
Funny thing is, Scotts cardboard likeness was at the side of the screen in the main room and it sure looked like he was going to be there. The room had around 80 seats and they faced in a half circle around the screen that ran repetitive pictures of houses and what looked like be different adds from various companies.
We had a guest speaker who knew exactly how to sell and that was the foundation to the whole event. Sell you a class for $2.000 and you had to pay for the class right there and then. It had scam written all over it and almost all of the room fell for it.
I estimate they cleared around 25 to 35 thousand in class fee's by the end of the 3 and half hour presentation. We declined to spend any money and they came in for the kill, "You want to take the class dont you ? go see the blue shirt at the back of the room and we will work with you"
No, I said we will wait if you dont mind, but you could tell there was something going on as the look we got made us feel very uneasy.
The second speaker came on, he was meant to be completely independent to the first guy. "BS was he independent". He was selling Tax liens software programs "get this" you had to take the class to be able to get in on his deals.. I could see the annoyance of the people who had already parted with the 2 thousand and one guy sat there shaking his head with disbelief.
It was not what I expected and not once was there anything mentioned from Scott Yancey on the screen about his part in this scam. I think he's just a name only to attract people to go, and if he is involved then he's as shady as they people who ran this whatever it was..
My wife and I knew right away, if we had known this was the Event advertised we would never have attended. The gift of the Tablet to the first 50 guests to arrive was a lie and on the way out we got handed a small camera. "Digital camera" was the punch line on the add we received and the camera was so crappy, I actually left it at the restaurant afterwards as it was nothing you would give to anyone for a stocking gift.
My tip for you is... Leave your wallet at home.. Scott Yancey will not be there and its a big scam.
Pass it on to those who you know might be going, and if there was a way to post for people to expect nothing but a hugh BS I would be all over it.
2014 the scam continues
We are supposed to be heading out for our third day of our paid for (2000k) seminar. No thank you. It's so embarrassing to admit that I fell for it. They got me by enticing me with promises of financing. We already flip but money is hard to get from banks these days.
They out and out lied to us but wouldn't admit it until the 2nd day in.
They DO NOT finance you the way they say they will at the initial meeting. And the software they dangle in front of you, if you buy the next package, probably has some nice features but the property he used as an example that his company had a 7 day lead on, I pulled up on a auction site already for sale with the same info. SCAM
It is not scam
This program is not a scam.. with that said people need to be smart when investing. If you don't have at least $200,000 to play with the Scott Yancey program is not for you. They will ask you for your 401K and IRA funds. Really Do you want to risk your retirement? They also asked you to get a second mortgage and increase your credit card limits. By the end of their training you're over $45,000 in with no warranties. Keep in mind that if you borrowed that money you need to start paying back within 30 days.
Second step you will be buying a house and fixing it in order to flip it. Really, Do you have another 100,000 for that. Let's look back for a second the team that they ask you to put together don't work for free they want to be paid for their work. Only on TV and in very rare occasions you could flip a house within a 30 days. Now reality check you need time for repairs your contractor will tell you how long is going to take (will also want some money in advance) lets said 6 weeks then your realtor will have to list the property and base on a market comparison determine price range(by the way you need to know this before buying a property)
then wait for a buyer could be fast or not. Yes it is true that their are investors that are looking for properties to purchase in order for them to RESELL THEM, YOUR MARGIN WILL BE MUCH LESS. So unless you have money to invest that you could part with do yourself a favor and stay away from this investment opportunity. You will end up in bankruptcy court.
Oh yeah don't forget that they will let you BORROW 500,000 key word BORROW AND THIS MONEY IS JUST LEND TO YOU FOR A FEW MONTHS TO A YEAR. DID I MENTION BANKRUPTCY COURT.
I'm not trying to kill your dreams but if you don't have money that you could disposed of it and not miss then don't do it.
They will also try to get you into buying and selling property liens another $1500 for them.