Armando Montelongo, So-called Real Estate Guru Has A Local Radio Ad - Be Wary!
Many of you may have heard a commercial on the radio recently by a guy named Armando Montelongo. He is selling his instructional real estate materials. He mentions that he appears on the A&E television show Flip This House. Well you should know that he is not all he is cracked up to be. As they say, Buyer Beware! He has been indicted right here in Travis County for Fraud and has had his own share of foreclosure troubles.
Here are a few mentions of him around the web:
http://en.wikipedia.org/wiki/Flip_This_House_(TV_series)#Season_Three_2
Flip This Lawsuit is a site containing a lot of information regarding the Montelongos and their relationship with the show and its former cast. This post in particular is very interesting.
Here is an article from the SA Express reagarding his indictment.
June 25th, 2008 at 8:41 am
Armando Montelongo Has A Local Radio Ad - Be Wary!…
Be wary of Armando Montelongo’s radio ads in Austin. He may not be the real estate guru he claims to be….
June 26th, 2008 at 12:39 pm
Old news. This was reported in February.
June 26th, 2008 at 1:41 pm
Scott, this is true. However, his radio ad just started appearing recently, thus the reason for this post. Thanks for that useful info though.
June 30th, 2008 at 3:46 pm
Thanks for the heads up that this guy is still around and causing problems with his misleading information.
July 10th, 2008 at 11:16 am
Not going to lie, I have been known to watch some of these shows for hours. You just can tell the guy is a half way crook…but can’t deny he is very successful. Buyer beware! (First time here, great blog.)
July 12th, 2008 at 5:02 pm
The real estate shows on TV make me sick. I can’t tell you how many calls I get from people who must watch these with completely unrealistic expectations. They call themselves investore, but have not made a single deal.
July 19th, 2008 at 1:50 pm
This might be old news for locals, but those of us far away in TV land didn’t know it. Thanks for the update. It’s funny/sad how all the “famous” real estate people on TV end up this way.
July 21st, 2008 at 9:21 pm
please beware of “scam” armando montelongo.he ripped me off.i will be reporting him/his company to the proper peeps so i can get my money back&/or if i have to i will sue him/his company.
July 22nd, 2008 at 12:02 am
Century21Colonial says we can’t deny he’s successful. Well, I’ve worked with him and I can tell you it’s all B.S. He is only successful at scamming.
July 23rd, 2008 at 11:07 pm
That is scary that someone involved in fraud is advertising on the radio. Even if it is “old news” as another commenter said, it never hurts to let others know to avoid something.
I watched Flip This House once, the first thing I thought was this guy is not a “real” investor, lol. The house & the profit margin on that particular episode just didn’t seem profitable.
August 9th, 2008 at 10:45 pm
These radiomercials have been showing up in the Houston market as of late.
Granted, I am not one of those greedy morons that buys these con artists junk for $1000 in the hopes of finding those “Huge profits” being claimed, but it isn’t hard to see through this stuff. If I was a millionaire, I’m living on an island away from everyone else.
I have no pity for any greedy souls who took the bait for his or any others similar junk.
August 11th, 2008 at 12:51 pm
His adds have started running here in New Jersey as well. They are kind of funny as even tear down homes here are 300K or more.
August 13th, 2008 at 9:49 am
I know that television is suppose to be for entertainment purposes but when I see how tv fame can build credibility for a crook it makes me think that any claims made on the air ways must be verified as true. Just a thought.
September 1st, 2008 at 5:29 am
I must really be out of the loop. This is the first I have ever heard of this. I always assumed he was a little greasy just watching the show. The way he treated his intern and sub-contractors left me wondering what type of person he was. I guess even TV can’t make this guy look good.
September 14th, 2008 at 2:08 pm
It’s so frustrating when someone is celebrated as a guru when some simple factchecking will show that they are indeed not — and beyond that, that they are in trouble with the law. The fact that anyone can make a website or run a commercial really does make it hard to decipher who is legitimate and who isn’t. I just hope consumers are smart enough to figure it out.
September 30th, 2008 at 3:54 pm
I think 90% of all these real estate guru’s don’t know what they are talking about. they just want to sell you something.
October 21st, 2008 at 6:30 am
Most of the people who consider themselves as Guru are just liars who know nothing about the real stuff. But yeah they have one ability and that is to speak and convince people. He might be one of those
December 1st, 2008 at 10:53 am
In one episode I loved watching him fall in the pool and started to vomit, the guy seems to have an attitude and I guess he needs to get this finances together as well!