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.
96 ‘Scott Yancey’ Reviews
A quick question
I was told at the seminar (and also reassured by phone) that paying the $2000 for the 3 day workshop meant that I would be a student entitled to unlimited support (24 hour hotline to ask questions), access to funding sources and resources.. plus all the information I would need to begin working on my own but with access to their funding at a rate of 1% per month. Was any of this untrue? Again, when I called their phone number that is in the booklet given at the free seminar... I spoke to Tom and this is what he told me.
BURBANK PICK WICK GARDENS RIP OFF
TODD MILLER, SCOTT YANCEY ADU Education ......NEED I SAY MORE IF you want to give your money away yeah go for it this is nothing more than a "fancy:" pyramid SCAM....IF i could beat the Shit out of these CON artist legally and save people there money I would have. Its not up to me though there will always be a company a person a scheme that sounds too good to be true and this takes the Cake. "there is no such thing as a "LAZY INVESTMENT" This is plain and simple if you're stupid this is for you and you will get robbed. They prey on uneducated and elderly .....don't be a victim you get a better on investment buying a gun ...I could get better education than most of these tards for .99 at a public library.
P.S if they were so...... SUCESSFUL they would not be bitching about a second sandwhich at the cost of $25 yea right....
Don't Waste Your Precious Time
Attended a seminar this evening. No real knowledge, vague ideas and $1997 investment needed right away ' first come first serve ' run to the back tables to register, it was utterly ridiculous. They clearly just posted statistics that the 69% of Americans have less than $500 in savings. How in the world did they expect a larger percentage of everyday people to have $1997 to spend freely that same evening. Free dinner was boxed sandwich and absolutely no drinks, pretty sure you should serve a liquid with sandwich, chips and sandwich bagged cookie. Low class representation of a group that wants you to invest in them that same evening and your worth say, a 2 dollar box of food on your lap.
Even more put off they made us sit through a Stock presentation which they called a Bonus Presentation. I didn't come here for that, and they also wanted a $297 investment for their classes, so basically I am supposed to spend $2294 and a total of 5 days over the beginning of December to sit and be asked for more cash according to previous reviewers. High pressure tactics. There were a lot of 'older' couples there and I hope they don't fall prey to this as I am sure retirement savings if there is any is not enough to cover expenses in this economy.
The room was 3/4 emptied out by the end of the night and you had to go to the back table and basically ' beg ' for your 'free' gift which was a CD and Cheap MP3 player, no book, no digital camera as advertised.
Save your time learn on your own or via free methods.
They Just Want Sheep to Fleece. Be Abundantly Cautious!
This Abundance Edu company is a joke! Much has been shared of their deception, starting at the intro seminar where they promised a free dinner, free digital camera, and a free tablet to the first 50 people who call in. The dinner ended up being a dollar store bag lunch (a basic sandwich consisting of 2 slices of cardboardish white bread with a thin slice of cheese or meat inside, a small bag of chips, and a water--not at all what you'd expect from the high-end hotel where the event took place, and I'd venture most hobos would likely shun such cuisine); the digital camera also came from the dollar store and it was so cheap quality you couldn't even give it away to a homeless person! And, the 50 tablets never materialized! If the Scott Yancy (DBA Abundance Edu) company does such a cheap & shoddy marketing job at this stage, how do you expect them to treat you later? Is the kind of company we're supposed to entrust our money & future success to? Perhaps if they didn't starve us until 8:30pm or hand out the dollar store crap, we might actually have more respect and reason to sign up for their $2,000 training. My guests having waited until the deceptive end, left in disgust.
At the 3 day training, it was painfully obvious to me the trainer (Stephen Libman) and his cast of minions didn't want to deal with anyone with even a modicum of intelligence. The very sheep they claimed they didn't want us to be was exactly what they were looking for. They just wanted mindless docile sheep to fleece & shear for every penny they had, even if it meant borrowing the $30,000 against high-interest credit cards! This is so Baaaad! And, anyone who questioned them or brought up other concepts was shunned and some even kicked out! It's also why they don't want anyone recording their training to prevent their bogus claims from being brought to light outside the class.
They claim 60% success rate from people taking their advanced classes, however the stats paint a different picture. Out of the many thousands who took advanced training, only 1% actually got their 3-day training cost refunded. What about the other 59%? To me, this is a huge red flag. They say you cannot succeed without advanced training, but once they have your money you're essentially trapped with no recourse, and by that time you realize the whole thing is a scam. It's no wonder they're showing an "F" grade with the BBB.
Stay far away!
Possible Class Action
I am an attorney who is pursuing Yancey and several other defendants in Federal court Under grounds such as fraud, DTPA and civil conspiracy. If feel you have been scammed by Yancey, Co. and you want a chance at recovering your money Please contact me at firstname.lastname@example.org
Just when I thought I had seen it all, Friday, August 14th,2015, I found myself sitting at one of these pyramid schemed seminars thinking Scott and Amie would be there to discuss their experiences of flipping houses.
Instead, I was stuck listening to a sales pitch for two hours from a man who claims he bought property from having nothing. He shared his experience, only what the time frame would allow him to share. He shared pictures standing in front of his so called property he claimed he owned.
Sure I can take a picture in front of the Eiffel Tower and tell people I had a hand in the architect....really (wtf) - I had sadly sat through so many of these BS seminars where they talk about for just a mere $1997.00 you can have all the secrets and more to learning how to flip houses. Let me tell you, if I had invested in all of the nonsense seminars that people told me about this year, I would be more than $50,000 in the hole and all of these scammers would be laughing their way to the bank, not giving one F about how they robbed you.
While I was sitting there listening to this nonsense, I had my friend do a search on Abundance EDU and guess what....that's right, it lead me to this site and others sharing the same experiences.
Either people gave up two grand for the three day "training", or the smart ones, like myself, ran away unscathed but mentally damaged from having to hear bullshit for more than three hours, OR you had jou of watching the moles, like three card monty, where they bragged about paying the two grand, just to get you to part with your hard earned money.
The only reason why I stayed close to the end, because I was still thinking that Scott and Amie were going to come out and discuss their experience. But as the clocked ticked and this person talked more and more, I realized this was not the case, at all.
It got better, a girl comes up to the front, nervous and timid, who shared how she too sat where we were and through her reservations, she wrote her two grand check to Abundance and her life had changed. "Is this really true", she says as she holds the check in her hand that comes in every month from her rental property.
She was a good actress and I’m sure she was compensated well, other than the compensation for her travel and time, which they felt the need to let everyone know that. I might as well been in a church sermon watching people get saved. It would have been much more entertaining.
After listening to sales pitch one and the testimonial it was time for people to give up their money. I think out of a room of 80 people maybe a handful ran to the back to sign up for the three day seminar, which I already knew it would be three days of more brain washing to make you part with your money. While said “sales person” was talking all his BS, I was reading about his BS and the school’s BS on another site describing all the scams this company preys upon.
Here’s the thing about me, I never give up any kind of money until I have done a thorough investigation of what commitment I
plan to make (if that is the intent).
Secondly, who in their right mind invests more than thirty thousand dollars on learning how to flip when you can take that same money and use it as an investment to buy a rental property and begin the cash flow for yourself, think about it! Thirty thousand for a school that claims to give you inside information and no real estate license to boot? For that get your real estate license and call it a day!
Google is your friend people. OH and why pay $34.95 for Deal Book or whatever it’s called when you have government sites that supply you property value and property tax information for FREE!!!!
Lastly, what disgusted me the most is I’m sitting there thinking
Scott and Amie were going to come out and talk about their personal experience as flippers and how it has benefited them. I had no idea they were part of the scam. So if you’re thinking where does Scott and Amie get their money to invest to flip houses in Vegas or anywhere they flip…that’s right. YOU are the investor and guess what you’re getting for investing….NOTHING!
Beyond disgusted isn’t enough to describe how I feel. How does anyone sleep at night knowing they are conducting highway robbery with these fake seminars. Granted they don’t use the words, “promise” or “guarantee”, instead they use words like, “you have the power to make it happen”, or, “you have to want it and put in the effort”.
Yes this is true for life, you have to want what you aspire to accomplish. If you have $30,000, buy yourself a property after doing thorough homework and research on what it takes to own a rental property.
By the way, all the posts of people talking about what a great seminar it is and how they put in their money and making money are all moles. It’s three card monty just more elaborate.
I will never look at Scott and Amie the same. What losers.
I attended the Scott Yancey real estate seminar April 24 2015 in Edmonton, Canada. I expected to hear Scott and maybe even Amie telling us about their experiences in the real estate market and how they flip houses and make a profit. I had attended a seminar by Canadian HGTV star Scott McGillivray last fall which was excellent, and I was expecting this to be the same.
I was very disappointed and we left at the break. The main problem? Scott was not even there, and neither was Amie! Aside from the occasional mention, the talk had nothing to do with Scott or Flipping Vegas. It was just a ploy using Scott's name to dupe people into attending. The speaker was a fellow named Trent Ellingford. His talk was high pressure, stern and intense. The dinner was a white bread and processed cheese sandwich in a paper bag, and people couldn't help rattling the bags while they ate. He berated audience members for talking or making noise and if they didn't like it, he suggested they leave. Scott is a nasty guy too, that's one thing they have in common.
The intent of Trent's pitch was to get you to pay $2000 to attend a two and a half day seminar. Once you are signed up, you can then borrow up to $750,000 from them for 21 days for a 1% flat rate. You then use the loan to buy houses remotely in the United States and sell them within 21 days. You have to find your own buyers. I suspect they sell you the houses too, that they buy in bulk from banks as pre-foreclosures. In essence, you paying $2000 to buy their houses and
be their loan customers!
My advice is Stay Away!
I know after looking at the television that this is likely a scam. I google and did my research, and guess what it is. I thank the people on here trying to warn the public about these scams Scott & Amie should be shame of themselves, but remember always "when something sounds to good to be true it usually is."
"free" dinner, yet I got the bill?!
My husband agreed to attend a 9am Saturday (tomorrow) morning seminar and the scheduler said a free dinner would be delivered to us Friday (tonight) at 6pm. Well, the doorbell rang right on time---it was Domino's delivering us a pizza--not free. He wanted $12.58. I felt bad for the delivery driver! Yet I did not pay for it and he left with our "free" dinner. A few hours later we recieved a text message asking if our pizza had been delivered and if it was good. We replied that we were asked to pay for it---no reply back as of yet. Certainly not going to the seminar tomorrow, especially after reading all of these reviews! Wow.
--Highlands Ranch, Colorado
Sounds too good and is
They do say for $2000 you get full access to up to $750.000, to purchase at 1 % interest, they do say once you leave the free one, and you have signed up you get support but don't go crazy trying to do your first deal, now I now why they don't want recording of any type, because people would have proof of what they are saying, I am going to another free one to teach them a lesson, it will be recorded, my attorney will be there with me, and if possible I will have the prosecutor's office do a sting. they would have taken our $2000 we would have had to borrow, and beat us, and we were trying to do this to actually start up a non profit to help others with low cost rent. Lets see is the prosecutor's office thinks their speakers and the entire pitch is a scam after they purchase the $2000 package and have no way to get the funding. Hopefully an update in the near future.
My good friend and neighbor has seen the results of my last several months of my efforts. It was based on my success he decided to attend a local event and pay the initial tuition to follow in my footsteps.... He brought my attention to some of the negative posts about the "unhappy folks" . I just have to mention that in my class there were about 50 people who signed up for the initial $1997 and i do stay in touch with many of my classmates who did sign up for the advance course and the majority of them that have followed the plan that was presented at Boots on the Ground and attended the Vegas Buying Summit have made the leap into investing and are laughing as they cash checks ! people will always pick apart what they don't understand!!
Were these folks actors?
Me and my mother went to the seminar at the hilton with no knowledge that we would be asked for 1997.00 dollars the only thing that was 90 minutes was the time from my arrival til the time he asked for the 1997.00 dollars. the people mostly black ran to the table so quickly to pay the almost two thousand dollars it was just like a television show scam.
Canceling in the 3 day window
I was mislead and lied to! Call customer support and the cell of the guy who took my cc # to cancel!i have also called my credit card company! Thanks for the reviews it helped make it easier to make a change within the window! My next step will be to write a review on BBB if I don't get a call back! STAY AWAY!
Thanks for all the reviews on here I did not waste my time
I was going to attend the free seminar this beautiful balmy Sunday morning. I was curious as to what others thought about their seminars and I am glad I did not waste my time on this. Now I can go look at a house for $2,100
I hate to hear about people being scammed into something.
I Cancelled my 3 days workshop within the 3 days
Luckily, after I saw all these review, I had called this afternoon and cancelled my 3 days workshop with Scott Yancey Customer service center. I'm waiting to get my Refund back and call my CC company. Thank you for all your reviews.
Beware of Local Laws!
The methods taught by Yancy are NOT legal in every state, as they claim. They promise to provide Proof of Funds to support those without investment capital to do simultaneous-close transactions to get started. These transactions are Not legal in Idaho, and probably else where as well. Check with your local Real Estate Commission before trying these methods!
AFTER THE # DAYS 2k seminar, YOU HAVE TO BUY 30k to continue.
AFTER THE 2k you will be asked for 30k, I CAUTION YOU DO NOT DO THIS unless you have 2 years (non business owners, 1 year business owners) and a minimum of 100k in equity /assests... Be careful and take the 30k, if you are a "real" business owner, you will know exactly what to do...and that 30k will create passive income, please be careful before partnering with this program, until YOU ARE ACTUALLY at that level of yancey, ALSO THE real reason they push the LLC immideietly is to relieve them liabilty from YOU, you are actually an employee, they have set it up, to make it look otherwise and have done some small things to make this work for them, I dont know they may have some issues later down the road, but the LLC is protecting them from getting into trouble for the unfair position they put you into. So again, im not saying this is all bad, im just saying if you are going to partner with such a company of Yancy and its key success stories, they are NOT ALL SUCCESS, most are just "students" about to lose 30k, but the big guys, it least be somewhere near there level. Do not jump in the ocean of sharks , unless you are a shark...if you are, you already know what to do...and DO NOT FOLLOW THE PACK ON 3 Day to the 30k table, make sure you first have 2 years expierence 100k in assests/equity... have built passive income, then you will already know what to do and how to handle if you jump on board for Yancey, if you dont do this first, you will be eaten alive by the sharks, just some advice coming from someone who truly cares, not about money, but business and the human kind!
buyer beware the small print is not the only thing to watch for
start off first seminar was a teaser to get you in the door then after you sit there for 2 hrs.' then they tell you that it will cost you 2,000 dollars so after all the speaking is done you go to the seminar and then they drop the hammer on you for a few more dollars . for a hard working person it is a lot of money s you take a chance .you go thru all the hoops and what do you get is nothing for your 2 grand . even when they say that they can set you up for a asset protection program and would only take a few days to process then you get the run around from there customer service and in the end you get nothing .if you don't buy into the program you still get nothing you nay as well do the foot work your self .
I've tried to get in contact with the yancee group and found that web sites leave you no were and you try different sites to no prevail stay away .KEEP YOUR MONEY in your pocket or
the financing companies they use are as useless to there customer service needs a complete over haul they say that they will call you back and guess what no return call I'll keep trying to get this resolved but if the cooperation had any dignity they would take there business clients more seriously
Honest biz owner, lets see what happnes!
Getting into business is an investment and a process. So be prepared to pay out before you get in. :( However, this is something i would have never done, however, because they had hard money lenders in place, i figured might as well. i went with a friend, i went and put in the investment because 1000 for me is nothing to lose, i have enough knowledge in real estate to figure out where to go with just the basic information however, i feel bad for people where a 2000 is a lot of money because its not fair to take this kind of money from people who struggle with paying there bills and live paycheck to paycheck, on this level i think the yancey team needs to rethink there seminar fees its one thing for a business owner to lose this kind of money however for day to day employees i sincerely feel bad. I was not impressed with yancey and there presentation, ill be impressed if in a year im guided properly and making some money lets see.. at this point i haven nothing good to say about them. Hopefully that changes after my first deal! and then 100 furture deals ! Honest hard working business owner.
DISHONEST AND WASTE OF TIME FOR MOST!!!!!!!!!!!!
Let me start by saying the program and education is probably great, now, having said that, I attended the free seminar "with Scott Yancey" in October 2014 in Albany, NY. First of all, Scott was not there, it was some business partner of his. Then he talks a great game and had me and everyone else in the room convinced, by saying, that for $2000 you get access to $750,000 for each flip you acquire, also, proof of that for the bank so there is no waiting time to show you have the money and a year of assistance. They take a small fee once the flip is complete. At this point he has people running back to sign up, then he says "Well, if you are someone that struggling right now we can help you too and work something out for payment and to go back and see the guys behind the table." When I got back there, they said all you need is $1000 today and honestly I don't even remember the rest of that deal because I stopped listening as I did not have that either. Now, I expect nothing for free of course but I just didn't have that much up front as I am a single mom (NOT A WELFARE RECIPIENT! as so many on here like to judge) just struggling at the moment. I was not upset by this, I simply said to myself this was my starting point. I will save the $2000 and come back to another seminar and go from there. I have been non stop watching his show Flipping Vegas and getting excited that things might actually be ok and then I hop online and am looking at the scam reports "just incase" and boy am I glad I did because I do not have thousands more to pour into this as you do not find that out until you have paid the $2000 and attend the 3 day course where you get a special code you can put into the website and find out the ACTUAL cost of getting what you were told you were getting for $2000. My heart sunk!!! I loved these 2 on the show. I really thought for once somebody out there making money was being straight up and honest. SHAME on everyone involved in this scam. I will not watch the show anymore and I will spread the word to anyone looking to get involved in this. Basically you already have to have (from what I'm reading on here) about $200,000 to invest first. Well, knowing that ahead of time would've saved me and a lot of other people the heartache and trouble. Again, if you have that kind of money go for it, I'm sure you will be a millionaire in no time but for the rest of us who thought this was a shot to join the ranks, well all I can say is spend your $2000 on something else.