Popular television celebrity and real estate broker Scott Yancey became famous thanks to the show Flipping Vegas where he and his wife buy real estate properties in bad condition and put them back on the market after renovation, hoping for a quick profit. They have become experts at what’s calling “flipping houses” and this, along with the show is how they have earned their money. As of 2020, Scott Yancey’s net worth is approximately $20 million dollars.
At the age of 14, Scott received an insurance settlement. It was a huge sum for a teenager, $30,000. But instead of spending it like most young people would do, Yancey invested it wisely. He purchased the 2nd deed of trust for a home mortgage which brought him an incredible 14% of interest rate. Scott started to build his personal financial empire from an early age.
He got his broker license and at one of the real estate events in Las Vegas, Nevada met his future wife Amie. They dated for several years before Yancey married her. In 1994, Scott founded a real estate brokerage and investment business named the Goliath Company.
In 2011, A&E channel introduced a new show Flipping Vegas with Yancey and his wife as a main stars. While Amie is focusing on interior design and renovation of the battered properties they intend to flip, Scott takes care of the other parts of the business. Scott Yancey published Go Time: How to Make Insane Money in your Market Now in 2012.