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When Morse and his wife Kim went to their free introductory seminar at a hotel conference room in Tampa, they couldn't wait to get started. Yancey's seminars are connected to a company called Affluence. The relationships between the various Yancey-related companies weren't immediately clear, and calls were not returned requesting comment. The Yancey name remains a draw in the real estate world. Utah corporation records show that the businesses are both located at S E in Salt Lake City with different office suite numbers, according to Katherine R.
Yancey's seminars are connected to a company called Affluence. The relationships between the various Yancey-related companies weren't immediately clear, and calls were not returned requesting comment. They brushed aside complaints from some fellow attendees about the quality of the food or about the fact that Yancey and his wife Amie, his co-star on "Flipping Vegas," weren't there. A third entity called Yancey Events is the main website where the seminars are promoted. Email Last Updated Apr 29, He's hoping his luck will change. That's a common error made by novices, according to James Wise, a real estate investor based in Parma, Ohio, who is critical of the flipping seminars. Despite his best efforts, Morse said he has yet to close a single real estate deal, though it's not for a lack of trying, including putting in to hour days. The entrepreneur didn't return voice-mail messages left at his office at Goliath Co. Morse says he plans to invest the money returned by the Yancey seminars back into real estate with individuals he considers to be reputable. His spokesperson couldn't be reached for comment. However, it requires a license in some states, a point that Morse said wasn't made in his seminar. Indeed, they soon shelled out money for both real estate training and a class on trading stock options. The BBB says Premiere has recorded complaints over the past three years, closing 13 of them during the past 12 months. Investors can make money by acquiring a property and quickly reselling it to another buyer at a profit. The Yancey name remains a draw in the real estate world. A spokesman for the cable channel said he had no contact information for Yancey. Morse's gathering in Florida was run by Abundance. Yancey's seminar discussed several strategies for real estate investing, including wholesaling, which is when someone serves as a middleman bringing buyers and sellers together. Another problem with the wholesaling strategy is that many people are trying to undertake it. When Morse and his wife Kim went to their free introductory seminar at a hotel conference room in Tampa, they couldn't wait to get started. And there are complaints about all three stars on websites such as Bigger Pockets , a social network for real estate investors, and online forums such as Yelp. Speakers made "subliminal and not so subliminal messages about upping your credit," so that attendees could afford to sign up for additional training, he said. A spokesperson for the El Moussas said they have data to back up the "efficacy and professionalism of our seminars. He sees people who make this mistake "pretty much on a daily basis. Sellers are getting hung" out to dry.
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