SCAM ALERT - ARMANDO MONTELONGO
Armando Montelongo is the latest "big banana" of late-night real estate gurus and seminar pimps. Started three decades ago by the Carlton Sheets scam, followed by a long line of others, Montelongo puts them all to shame.
Armando gives new meaning to "multi-level marketing". He begins with an infomercial on late-night TV that is designed to entice the viewer to attend one of his "free Live Event Seminars." And that's is how it begins.
That free seminar has only one purpose, and it is not to teach you anything. It is designed strictly to sell you on his 3-Day Extravaganza Seminar where he will put you on the road to wealth - and it will "only' cost you a mere $1500!
For those who are desperate for financial security and have been mesmerized by Armando's "medicine show", they find that the 3 day seminar is much like the free one - designed primarily to sell the attendee on his "Bus Tour" - for a whopping $40,000 per couple!
On the bus tour the suckers are taken to look at foreclosures in depressed areas. Here they are finally told that they, too, can buy these, fix 'em and flip 'emn for profit - but you will have to cough up a whole lot of cash and max out your credit in order to buy, then fix the place. Where is the "secret" in that?
It is not surprising that folks feel scammed - there is no need to spend forty G's to learn that if you have enough money, you can buy, fix and flip a house. Heck, if you have saved that $40,000 you could put up the down payment and fix-up costs on your first property. You don't need some infomercial guru for that.
If you are considering jumping on his folly train, do yourself a favor and check out the Armando Montelongo Scam Review first. It's a real eye-opener, and could save you a fortune.
Real estate investing is not rocket science, but for "newbies" a sound, solid course is extremely helpful, and a professional investor for a coach is essential. And you can get both, and more, for under $100 from the top rated course.
And here is that top rated real estate investing course, created by Bill Vaughn and marketed by IntelliBiz, a Christian non-profit. Their A+ rating at the Better Business Bureau for over 20 years says it all.
Armando gives new meaning to "multi-level marketing". He begins with an infomercial on late-night TV that is designed to entice the viewer to attend one of his "free Live Event Seminars." And that's is how it begins.
That free seminar has only one purpose, and it is not to teach you anything. It is designed strictly to sell you on his 3-Day Extravaganza Seminar where he will put you on the road to wealth - and it will "only' cost you a mere $1500!
For those who are desperate for financial security and have been mesmerized by Armando's "medicine show", they find that the 3 day seminar is much like the free one - designed primarily to sell the attendee on his "Bus Tour" - for a whopping $40,000 per couple!
On the bus tour the suckers are taken to look at foreclosures in depressed areas. Here they are finally told that they, too, can buy these, fix 'em and flip 'emn for profit - but you will have to cough up a whole lot of cash and max out your credit in order to buy, then fix the place. Where is the "secret" in that?
It is not surprising that folks feel scammed - there is no need to spend forty G's to learn that if you have enough money, you can buy, fix and flip a house. Heck, if you have saved that $40,000 you could put up the down payment and fix-up costs on your first property. You don't need some infomercial guru for that.
If you are considering jumping on his folly train, do yourself a favor and check out the Armando Montelongo Scam Review first. It's a real eye-opener, and could save you a fortune.
Real estate investing is not rocket science, but for "newbies" a sound, solid course is extremely helpful, and a professional investor for a coach is essential. And you can get both, and more, for under $100 from the top rated course.
And here is that top rated real estate investing course, created by Bill Vaughn and marketed by IntelliBiz, a Christian non-profit. Their A+ rating at the Better Business Bureau for over 20 years says it all.