Scott E. Yancey has become a household name in American real estate, transforming from a teenage property investor into a multi-millionaire television personality. Best known for co-hosting the hit A&E reality series “Flipping Vegas” alongside his wife, Amie. Scott’s growth from a 14-year-old with an insurance settlement to a £20 million empire is nothing short of remarkable.
Scott Yancey Biography
Born on July 9, 1969, in Los Angeles County, California, Scott Yancey grew up in the vibrant neighbourhood of Studio City. He attended North Hollywood High School, where he graduated in 1987. Still, unlike most teenagers who spent their pocket money on video games and BMX bikes, Scott had bigger plans brewing in his entrepreneurial mind. His family background remains relatively private, although he’s often credited with his upbringing instilling the values of hard work and financial independence that would later drive his success.
At just 14 years old, Scott received a £30,000 insurance settlement that would become the foundation of his real estate empire. Rather than splashing the cash on typical teenage pursuits, he made his first property investment, purchasing a second deed of trust on a Studio City home that earned him a whopping 14% interest rate. This wasn’t just lucky timing—it was strategic thinking that demonstrated Scott’s natural ability to spot profitable opportunities.
Scott Yancey Education
During his college years, Scott landed a position as a runner for Walter J. Plumb III, a successful real estate attorney and investor. What started as collecting documents and making bank deposits quickly evolved into something much more significant. Walter spotted Scott’s potential and suggested he get his real estate licence, and that advice proved golden. Scott made so much money in his first year that he abandoned his college studies to focus on property full-time.
Working alongside mentors Walter Plumb and Jon D. Quitiquit, Scott gained invaluable expertise in major apartment conversions, including the transformation of a 40-unit complex into upscale condominiums. He also tackled massive land subdivisions, developing over 3,000 lots for luxury housing across the Southwest. These early experiences taught him how to leverage strategic partnerships for larger-scale projects, and he soon branched out to develop department stores across Las Vegas, Provo, and Tempe.
Scott Yancey Career
In 1994, Scott relocated to Las Vegas, sensing opportunity in Nevada’s booming property market. However, when the 2007 market crash hit, he initially planned to retreat to their home in Cabo San Lucas, Mexico. But fate had other plans. While sitting in a Coffee Bean & Tea Leaf in Summerlin, Scott overheard a conversation about Las Vegas properties selling for under £50,000 that could generate significant rental income. These numbers immediately sparked his interest, and he realised he was witnessing what he’d later call “the biggest real estate sale in history.”
This pivotal moment transformed Scott into a full-time house flipper. He focused on purchasing distressed properties, renovating them, and either selling them for a profit or keeping them as rental investments. It was a strategy that would not only rebuild his fortune but also launch him into the national spotlight.
Flipping Vegas
In 2010, Scott and Lovable Scoundrels Productions created “Flipping Vegas,” which premiered on A&E on June 18, 2011. The show followed Scott and Amie as they purchased dilapidated properties in Las Vegas, renovated them, and sold them for a profit. Running for five successful seasons until its finale on September 27, 2014.
Scott didn’t just star in the series—he also served as executive producer, giving him creative control over how their real estate adventures were portrayed. The show’s success came from its authentic portrayal of the unpredictable challenges of Las Vegas real estate, combined with the dynamic between Scott’s no-nonsense approach and Amie’s design expertise.
Goliath Company
In 2008, Scott founded Goliath Company, a Las Vegas-based real estate brokerage and investment firm that has become the backbone of his business empire. The company focuses on investment properties, utilising buy-and-hold strategies, as well as land entitlement and subdivision. They’ve managed to sell developed lots to private companies, building a portfolio that spans thousands of properties across multiple markets. Scott serves as CEO, overseeing operations that have contributed significantly to his impressive net worth.
Scott Yancey Books
Scott’s expertise extends well beyond television and property deals into publishing, education, and other fields. He’s authored two books: “Go Time,” published in 2012, which draws inspiration from the mentors who shaped his real estate journey, and “Flipping Your Way to Real Estate Profits,” released in 2015, which offers advice to financially challenged investors on making profits beyond just flipping houses.
Together with Amie, Scott created Yancey Events to teach real estate investing across America. The educational seminars leverage their television fame and decades of industry experience, attracting over 250,000 students annually. However, the venture hasn’t been without controversy, with some participants questioning the value and methods employed in these seminars.
Legal Challenges and FTC Settlement
In September 2020, Scott became involved in legal proceedings with the Federal Trade Commission and Utah Department of Consumer Affairs regarding his association with Nudge LLC, a real estate training company. He was named as a co-defendant alongside Dean Graziosi, a self-described New York Times bestselling author and entrepreneur, in Case Number 2:19-cv-00867-DBB-DAO.
The FTC alleged that Scott and Graziosi earned approximately £10 million each through their involvement with Nudge’s real estate training schemes. The allegations centred on promoting expensive coaching packages through misleading marketing, including infomercials and direct mailings that encouraged people to attend free events designed to sell training packages costing thousands of pounds. On April 24, 2023, Scott reached a settlement agreement with the FTC, resulting in a judgment of £4,577,409. However, the entire judgment amount was suspended, with Scott required to pay £450,000, provided that his declarations about his limited financial condition proved truthful.
Scott Yancey Personal Life
Scott married Amie Yancey on January 26, 2000, creating both a personal and professional partnership that’s lasted over two decades. Amie, a talented interior designer and real estate agent, has been instrumental in their shared success. While the couple don’t have children together, Scott is stepfather to Sarah from Amie’s previous relationship, and they became grandparents in October 2018 when Sarah married Mitch.
The Yanceys’ Las Vegas mansion, located on Parleys Cone Court, serves as their primary residence. The 2,325-square-foot property in Las Vegas, NV 89135, features three bedrooms and reflects their success in the industry they’ve dominated for decades. But beyond the business, Scott and Amie share their home with quite the menagerie—three dogs, two horses, two pigs, and a miniature donkey. As of 2014, one of their beloved pets was a dachshund named Tallulah.
Scott’s been open about having attention deficit hyperactivity disorder (ADHD), which he’s learned to manage throughout his high-pressure career. When he’s not working late hours to get the job done, you can find him in his Porsche on a racetrack somewhere on the West Coast. His passion for motor racing and high-performance vehicles has led him to maintain a collection of exotic cars, and he regularly drives on West Coast racetracks. He also enjoys various adventure sports and adrenaline-fuelled activities, though he remains deeply committed to caring for their extensive collection of animals.
Scott Yancey Net Worth
Scott’s impressive £20 million combined net worth, along with Amie’s, stems from multiple revenue streams. His real estate investments generate income through property flipping profits, rental property returns, and land development deals. The “Flipping Vegas” television series has generated substantial earnings, including executive producer fees and licensing deals that continue to produce revenue.
The Yancey Events educational business contributes significantly to their wealth, with over 250,000 students annually generating substantial seminar revenue. Online course sales and speaking engagements across the country add to this income stream. His publishing ventures, including book sales and royalties from “Go Time” and “Flipping Your Way to Real Estate Profits,” as well as educational materials, provide an additional revenue source.
Beyond the numbers, Scott’s diversified property portfolio spans multiple markets, and his luxury assets include his vehicle collection for track racing. His business holdings, notably the Goliath Company and related ventures, form the foundation of his continued financial success. Based on these diverse income streams and property holdings, the £20 million estimate appears realistic for 2024, though exact figures remain private, as you’d expect.
Charitable Endeavours
Scott has demonstrated his commitment to giving back through various charitable initiatives. During one memorable episode of “Flipping Vegas,” he and Amie donated a home to a wounded veteran. The couple also participates in animal welfare initiatives and community development projects throughout Las Vegas, using their success to benefit others.
