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.
46 ‘Scott Yancey’ Reviews
SCAM!! Don't waste your time and money
If you find 1 person that actually made money using this program, I will retract this review! They do a great job of selling you on a dream and that is their job as professional educators. Don't invest your time or money. First they ask you for $2,000 to attend a 3-day workshop. At that workshop, they have the audacity to ask you for another $40,000 (yup!) to enroll in the program.
Obtaining a refund for the 3 day Event
Has anyone that has gone to the 3 day event and left feeling scammed been able to contact their bank and receive credit for services not as promised?
My total expense: 1/4 tank of gas, my time and $20. (Whew!)
I wish I would've come across these reviews before I invested even THAT much. I only attended the free/intro seminar here in northeast Ohio (2/19/14). Everything that everyone has posted here about that seminar is 100% true. Great, enthusiastic speakers where they dangle the carrot and you learn absolutely nothing. Don't get me wrong - I definitely felt "the pull" to scrounge up the $2K some way somehow. My blessing in disguise was that I don't carry plastic nor any checkbooks only cash. (In this case it turns out that being broke was my saving grace! The dates of the 3-day were also a conflict.) There were about 70 people in the room. I did stick around for the entire shmooze fest even though half the room left after the first sales pitch. During the second pitch the speaker did his thing and of course made sure to cheer the few folks that had indeed signed over their $2K during the break. Yes, this team is looking to make money off of you which doesn't necessarily bother me. I mean education/college isn't free, right? I *somehow* managed to block out the rest of the participants, look beyond the song and dance, and stayed merely for whatever useful free info I could sponge off of them. I did leave with a few ideas of what other real estate investing options are out there - options I will look into within my own network. Talk to people. It's cheap. You may only have to invest in a cup of coffee.
When the pony show finally concluded we were shown a RE book we could purchase for $20 (cash only mind you - clearly plastic was only acceptable for the big purchases). I looked through it - the beginning third contained the slides of their presentations, the middle a couple dozen or so pages of real estate examples (oh boy), and the last third had tips on what to keep in mind when dealing in real estate (common property expenses, a list of your 'team' like an attorney, title company, investor/banker, etc.). Although it wasn't worth $20, I bought the book simply for the last third that appeared somewhat useful. I'll probably tear out the 'example' sheets and use them as kindling in my fireplace... and take a snapshot of it with my new ten-cent, non-branded digital camera.
A Perfect Case of Bait & Switch....?
My wife and I just finished attending the first full-day session Friday, 1/31/2014, of the 3-Day Scott Yancey RE Workshop (first day was actually 5-10pm Thursday, 1/30/2014) and the last day is tomorrow Saturday, 2/1/2014. However, we now decided to no longer participate with tomorrow's session except we will show-up to return all the CDs we received plus the digital camera, when we attended the Free Private Income Property Preview Event a week earlier on 1/23/2014. We will request for a refund of the $1,997 we paid for the 3-Day workshop. We strongly believe we were misled to believe and got tricked into signing-up for the workshop. Had we found out and read all these reviews, we would had not signed-up and paid for this workshop. The current '42 Scott Yancey' Reviews presented here were all negative and badly overwhelming. We hope and pray we get our money back tomorrow.
San Diego, CA
Me and My wife just went to the 3 day seminar in San Jose, CA.(01/24/2014 to 01/26/2014 in Airport hotel, San Jose)
The stuff they said are true and we believe people can make tons of money in real estates. We are in real estates business our-self. However, the programs($18,997, $24,997 and $39,997) they said will makes tons for money for you are all their sayings, none of them can be verified.
They gave you some prefect examples and everything look great on paper.
Has anyone heard this story before? The is a guy asked God, "please God, would you show me what would be the afterlife like in haven?' God said, "sure, I will show you". God bought the guy to haven and it was beautiful with flowers, angels and fountains.
Years later, the guy died and he went to haven but this time it was like HELL. He went to God and asked him, "why this is nothing like I saw before?" God said, " Well, the one you saw before was a Demo."
Anyway, we told them, we are willing to spend the $40k, IF they can show us that we can do one deal with profit. And they said NO.
They want you to spend the $40k first.
I asked them what is the difference between "take my $40K then show me it works" and "show me it works then take my $40K"?
They said it is just a business model and it doesn't work the other way around.
I then told them, there should be no difference if they are so confident about their system. We already put $1,997 to show our commitment, now it is time for them to show us theirs, until then we are not going to spent $40K.