Scott Yancey and his wife Amie took the time to learn about real estate investing in order to educate other individuals about the tricks of the trade. The Yancey’s are firm believers that it’s important to learn about real estate investing. This is actually the whole reason they host the many different events that they do, from their Flipping Vegas seminars to the Yancey Events Real Estate Workshops. In order to fully grasp real estate education, it’s important to first ask yourself the five questions investors ask themselves for every single deal they go into.
These five questions are the central part of any savvy investor’s initial brainstorming process, as Scott and Amie both well know. The Scott & Amie Yancey Events are designed to help you answer those five questions with the right answers, securing a smart investment and steering clear of the bad ideas.
Why Should You Invest In Real Estate?
Asking yourself “why” is the first step to deciding if you even really want something or not. If you don’t have an answer to this question, you’re perpetually trapped in the first phase of real estate investing until you come up with a good answer. The Yancey’s believe that you can invest in order to get back a reasonable profit, as they’ve shown again and again throughout their run on TV with A&E’s Flipping Vegas. Whether you want to invest in order to make a continuous trickle of profit or you’re working your way up to the house of your dreams, why you’re wanting to invest is the first question you need to ask yourself.
Scott Yancey on How to Invest?
Once you know the reason behind wanting to dive into real estate investing, the next question is the big “how.” There are a variety of ways to invest, so it’s a pretty big question that a lot of people can get stuck on. The Yancey live training seminars have educators standing by that can give you the fit you need so that you can find how to invest. There’s no specific way that works for everyone when it comes to how you invest, so Yancey’s team helping you find the best way for you to invest is the most financially wise decision.
When Should You Invest?
Analysts from all across the USA are observing the trends in the most recent years in comparison to the housing market. While we did have the housing market crash of 2008, which was rock bottom for many homeowners and investors alike, you can only stay at the bottom for so long. The housing market could only get so low before having to bounce back, as patterns always dictate. Based on the trends in the housing market right now, it seems to be making a rebound from sitting at the bottom. The housing market is bouncing back, which is why the Yanceys determine that the time to start investing is now.
Scott Yancey on What Should You Invest?
While many people make the mistake of thinking money is the only thing you should be investing, expert investors understand you’re going to be spending hours on the clock in order to get the profits they’re looking for. There’s an even balance to how much time you need to put in compared to how much your return will be. So, while you will be investing your money into your real estate investment strategy, you’ll also be investing your time just as proportionately.
Where Should You Invest?
The Scott Yancey real estate seminars have advisers standing by to assist with this particular question. Deciding “where” to invest is going to be determined on an individual basis. The first step you can decide on, however, is what category you’re going to be investing in. The Yanceys help to spread the word about real estate investing, which would make the big “where” in real estate properties.
Deciding where you should invest in real estate instead of where you should invest, in general, is a different question altogether. Depending on your physical location, the Yanceys will be able to help you figure out which locations near you are the best for real estate investing and which ones should be avoided.
Real Estate Broken Down
This particularly lucrative method of investing can be broken into two separate parts: residential real estate and commercial real estate. The Yanceys provide individual training courses for these two core areas, getting into the meat of each separate course so that the advantages of both can shine through. This is where you’ll be able to better decide if residential, commercial, or a combination of both real estate categories is best for you when investing.
Residential Real Estate
It’s not just about buying a house and then selling it to turn a profit – it’s about everything in between. Amie Yancey is a spokesperson for fabulous design, renovations, and fixes to dilapidated houses. She even has a blog discussing various design moves, techniques, and DIY tips that a lot of homeowners don’t know about.
The overall real estate education course on residential real estate is regarding investing as a whole, renting out residential areas, and the ins and outs of consignment deals. It also covers renovating the homes purchased and then flipping them for a satisfying profit. Literally, you’re given all the tools you need just with the Flipping Vegas seminars alone.
Commercial Real Estate
Some are more interested in catering to businesses and business owners rather than homeowners. Scott Yancey created an entire core concept around how to get the proper education on this topic, how to begin commercial real estate investing, and what to do throughout each step of the process.
Scott Yancey, the man behind the entirety of the Yancey Events and seminars, completed his first house deal at the young age of 14. He did this using $30,000 from an insurance settlement, purchasing the second deed of trust for a mortgage. It even had an impressive interest rate of 14%, and Scott Yancey’s entrepreneurial passion only grew from that moment on.
Seminars and events aside, Yancey still has a passion for spreading his knowledge and love for real estate and real estate investment. Because of this ingrained passion, he published two books regarding the topic. Flipping Your Way to Estate Profits, a bestseller, provides in-depth strategies for how to flip homes on a limited budget. Not just geared towards those with a limited cash flow, the book is also designed to make the most substantial profit while doing it, working in the favor of anyone trying to invest, whether they’re on a budget or not.
The second book, Go Time: How to Make Insane Money in your Market Now, is a step-by-step guide for new investors. Even if you’ve never read a word about investing your entire life, this book is designed to prevent any of the most common investing mistakes and help a new real estate investor get lined up on the path they need to be. He explains how real estate investing is for each kind of market, elaborating on the benefits and advantages for each one.
Between the courses, training guides, in-depth seminars, and live sessions that Amie and Scott Yancey provide, you’re given everything you need to get started. Investment is a lucrative side job and even career for those that know how to weigh their options and decide when it’s a bad or good time to invest. The Yancey Events real estate workshops give you the tools you need to do investment the right way.
Additional Resources: https://en.wikipedia.org/wiki/Scott_Yancey
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