Scott Yancey thrives in fast paced environments. Whether he’s driving on the racetrack with one of his high-performance sports cars or flipping houses in bustling Las Vegas, Scott is always sitting in the drivers seat. From making his first real estate investment at age 14 to staring in his own TV show Scott Yancey has certainly made a name for himself.
Scott started in Studio City, California. He had an opportunity to buy a second trust deed with a 14% interest rate. Scott understood how to make his money work for him and by age 16 he had enough money to buy his first car.
A few years later when Scott was attending college he got a part-time job working with a very successful real estate investor named Walter J. Plumb. Although Scott was only a runner who collected documents, bank deposits, and other odd and ends Walter pulled Scott aside and said, “the last three runners that worked for me all became millionaires.” Scott obviously didn’t know what to make from it and thought it sounded too good to be true. It wasn’t until Walter advised Scott to convert some apartments he had into condominiums and sell them with his real estate license Scott began understanding what Walter meant. It was this one suggestion that showed him that Walter was speaking the truth. Scott made so much money from real estate he decided to drop out of college and pursue the real estate industry full time.
Scott eventually relocated to Las Vegas where he started his own company that sold land to building developers. Walter’s statement proved true and Scott soon became a millionaire. However, like all good things, the booming real estate market started to slow. Scott realized the market was cooling quickly and decided to get out before it was too late. Thinking he would wait out the slowing market in Mexico, Scott talked to his wife, Amie, and they decided to move into their house in Cabo San Lucas. However, just before their big move Scott overheard a conversation about a large amount of profit that was being made in the real estate market. That is when Scott remembered two things about business: 1. You make your money on the buy in real estate, and 2. Fortunes are made in bad economies. Scott went home to do his own research about the current market and discovered that the market didn’t slow down; it evolved into a different type of market. Scott and Amie talked about putting off their big move to Mexico and decided it was best to stay in Las Vegas and try buying, rehabbing, and flipping houses.
This happened to be the best decision of Scott’s real estate career. He soon became the star of his own TV show on A&E, Flipping Vegas. Along with helping others learn how to rehab houses, the show has an entertaining value that comes with the unpredictability that is inevitable with flipping properties.
Overall, Scott and Amie have experienced a large amount of success in many aspects of real estate in Las Vegas, NV and other cities across the country. They are both very grateful to everyone who has helped them get to where they are today and wanted to give back by helping others. Scott started working with many non-profit charitable organizations, such as, Wounded Warriors, an organization that provides homes to servicemen and women who have been wounded in combat. Scott also wrote and published a book called GO TIME, giving potential investors a great guide on how to begin investing. Because of their extensive experience, Scott and Amie have also become dedicated to “mentoring” and teaching other aspiring entrepreneurs the ins and outs of real estate investing. The Yancey Events teams now span the nation offering educational training from experienced teachers designed to help people get a ‘leg up’ in the real estate investment world.
Scott & Amie Yancey
Scott & Amie Yancey at a Seminar
Scott Yancey Seminar
Scott & Amie Yancey
Scott & Amie Yancey Book
Scott Yancey fishing
Scott Yancey in his car