| Category | Information |
|---|---|
| Net Worth | $20 million (combined with his wife Amie Yancey) |
| Salary | Not available |
| Birthdate | July 9, 1969 |
| Birthplace | Los Angeles, California |
| Gender | Male |
| Height | Not available |
| Profession | Home flipper, author, teacher, reality television star |
| Nationality | American |
What is Scott Yancey’s Net Worth?
Scott Yancey, a Las Vegas-based home flipper, author, teacher, and reality television star, has a net worth of $20 million. This net worth is combined with his wife, Amie Yancey, who is also involved in the real estate industry. Scott gained fame through his work on the A&E television show “Flipping Vegas”.
Highlights
– Scott Yancey has a net worth of $20 million.
– He is known for his work on the A&E television show “Flipping Vegas”.
– Yancey is involved in various real estate ventures and owns and manages multiple income properties in Las Vegas through his company, Goliath Company.
– He and his wife, Amie Yancey, refurbish old houses and either sell them for a profit or rent them to tenants.
Early Life
Scott Yancey was born on July 9, 1969, in Los Angeles, California. He grew up in nearby Studio City and attended North Hollywood High School, graduating in 1987.
Career
Yancey’s interest in real estate started at a young age when he made his first real estate deal at 14. He purchased a small second trust deed on a home in Studio City, California, using an insurance settlement of $30,000. This investment earned him 14% interest.
During college, Yancey worked with real estate attorney and investor Walter J. Plumb as a runner. He continued to work with Plumb after college and assisted him in various real estate transactions, including the purchase of an apartment complex with 40 units. Yancey and Plumb converted the apartments into upscale condos and conducted land deals, dividing the land into over 3,000 lots for luxury living quarters.
Yancey later ventured into real estate development, focusing on department stores in Southwest states. In 1994, he returned to real estate after selling his department stores and moved to Las Vegas.
As a full-time house flipper, Yancey capitalized on the opportunity to buy houses in Las Vegas for under $50,000. He utilized his expertise and experience in the industry to successfully flip houses and expand his real estate portfolio.
Personal Life
In January 2000, Scott Yancey married Amie Yancey. Together, they have three dogs, two horses, two pigs, and a mini donkey. Scott also suffers from ADHD.
Net Worth Over Time
Scott Yancey has accumulated a net worth of $20 million through his successful real estate career, television appearances, and various business ventures.
Components of Net Worth
Yancey’s net worth primarily comes from his real estate investments and ventures. He buys old houses, refurbishes them, and sells them for a profit or rents them to tenants. He also owns and manages multiple income properties in Las Vegas through his company, Goliath Company.
In addition to real estate, Yancey has written and published books about real estate investing, including “Go Time” in 2012 and “Flipping Your Way to Real Estate Profits” in 2015. He also runs Yancey Events, which organizes educational seminars on real estate investing.
Yancey’s net worth is further enhanced by his involvement in the television show “Flipping Vegas” and his retail department stores in Las Vegas, Tempe, Arizona, and Provo, Utah.
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