IF you read a positive review on here, it’s from someone associated with his company.” The best investment advice I can give is to tell you to keep your money. “If you are reading this and thinking of attending one of Armando’s real estate seminars, DON’t. ĬonsumerAffairs, a popular online review portal for consumers, also reflects poor consumer experiences. All to cover the up sells.”įorbes also conducted a rather interesting report on Armando Montelongo in their article from 2013 titled: Meet Armando Montelongo: The Home-Flipping Huckster Who’ll Make $50M This Year. they use that to get people to increase the limit on there credit cards. But almost immediately the staff starts up selling there three day bus trip that would cost $40,000 all during the three day information. I paid $1500.00 for that three day *** and they give you generic information. “This is just another scammer who has gotten rich and keeps getting richer by getting money from others who he has convinced they can get rich. Here are a couple of the most recent complaints we found at Pissed Consumer: The reviews revolving around Armando Montelongo real-estate seminars are not enticing and illustrate a strong pattern of complaints.Īccording to PissedConsumer, an estimated $360,000 in claimed losses have been filed while the average loss was estimated around $29,600. Several reviewers have shared that Armando Montelongo is not present for most of these 3 day workshops and that in order to become ‘ filthy rich’ you should consider the bus tour.Īccording to research, the Armando Montelongo bus tour starts around a staggering $40,000. Next, free live event attendees are highly pressured into joining the 3-day workshop to quote on quote “learn how to flip houses with no credit no money,” only to find out that their $1,497 spent was for nothing more than an elaborate sales pitch for their high-ticket item which would be the bus tour. The Up-SellĮach of the subsequent tiers of the Armando Montelongo seminar model are structured with an up-sell.įirst, consumers attend the free live event where they start to gather fundamental knowledge pertaining to how to effectively and profitably flip homes. Starting with with Armando Montelongo seminars would be his free live event where consumers will allegedly learn how to fund deals, how to find deals, how to have properties efficiently fixed up along with how to sell them for a generous profit.Īccording to past attendees who have visited this 3-day work shop, which starts at $1,497 by the way, the information shared during this work shop are rudimentary at best and do not provide much insight what-so-ever regarding how to actually flip houses with no credit or money. In simplicity, Armando Montelongo seminars are structured in 3 steps that each prove equally dissatisfying as the previous tier, according to consumer reports that is. Armando Montelongo SeminarsĪrmando Montelongo has fallen under public scrutiny for the real-estate investment seminars that he offers. It is through Armando Montelongo seminars, extravagant bus tours and “ mentorship” programs that Montelongo goes on to claim that you can achieve financial success and stability. Prior to his brief stretches of televised airtime, Armando Montelongo claimed that he generated $3 million within the first few years of flipping houses, which served as the launching grounds to becoming a celebrity entrepreneur and motivational speaker. Were You SCAMMED Online? Recover Your Money Now! Best International Crypto Exchange - Buy/Sell BTC & other Cryptocurrencies
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