I received a flyer in the mail for a free event, so I registered with a buddy of mine. We went to the seminar and it was really just a 4-hour long infomercial selling their 3-day workshop for $2,000. Since I have always been interested in real estate, after talking with my wife, my friend and I decided to go to the workshop.
After the workshop, I read a lot of reviews about Yancey Events and what to expect in the workshop and from what I read, the information they provide is in a multitude of places on the internet for free. They tout their "system" when in reality their "system" is just moving from one avenue to another if the first isn't working. I wasn't really impressed with that, so I opted not to purchase their even bigger products ($20k up to $60k). One of the first things they had us do on Day 1 is to call all our credit card companies and increase the limits, then tell everyone in the group of our success. They did this so on Day 3 when they tell us about the extra products they have that cost $20k up to $60k, we now have the available credit to purchase it. Clever.
They offered each of us a meeting with a "personal consultant" (aka, personal salesman) where we talked about our goals and which of their products is best suited for us that we need to purchase. We opted not to purchase anything, so I received calls from them for a couple weeks incessantly trying to set up a conference call with my business partner to sell us the same things. After about 3 calls I told them I wasn't interested into going into any more debt just to get our business off the ground, but after we make some money, we would revisit the idea. His response was very abrasive "Well you know you can't make money unless you spend money, right? Do you want to be successful or not?" I was so turned off by that, I got a little snippy and hung up on him. Haven't heard from them since, which is just fine.
They do offer a $2,000 tuition reimbursement for completing your first deal as an incentive to get moving and they give you 100 days to do this. My first flip is in escrow now and won't likely close until after my 100 days is up, so I don't think I'll get that reimbursement, but my business partners and I have agreed to refund my $2k out of the profits from our first deal.
So all in all, was it worth it? For me, the answer is YES and here's why. Since I'm a newbie and I learn better in a classroom setting, I felt like I learned a lot by attending the three day workshop. I know I could have gotten that information by trolling the internet for countless hours, but I don't have the free time or knowledge to know what to search and where for all they presented. So for that alone, it was worth it for me. What it also did for me was provide me the motivation to actually do something! I've been thinking about getting into REI for a while, but this actually kicked me in the butt and got me going. It got my brain into high gear and got me very excited to start making moves instead of just talking about it. To me, that motivation was key to getting started.
So that was my experience with Yancey Events 3-Day Workshop. Hope this helps anyone who's thinking about attending!