BiggerPockets

Armondo M. is coming to CA and is holding many seminars in many cities here in CA, one of which in my hometown.

I despise RE gurus and will do my best to warn others of their hidden agendas and the "real story" behind their fluff and "pipe dream" sales tactics. As such, I have a particularly bad taste for this guy.

My attorney in San Antonio sued this guy and informed me that Armando was sued by many others for scams and failed RE ventures.

Anyways, for those who are new to RE, DO NOT be fooled by these RE gurus and their marketing and sales tactics. They promise the dream and deliver the nightmare, nothing more. Please warn your friends, family, and contacts to stay clear from this guy and others like him.

I prefer the "Guru" or mentor that is not interested in selling books and tapes but rather selling you a business and will work with you directly the entire time you are in business. He will go with you on every deal you look at (if you like) and will always be available when you need him. That way he is accountable for your success. I doubt that Armando does any of that.

He was holding a seminar here in OK in OKC. It's all upsell garbage. He starts off offering a free seminar then suckers you into another seminar that costs around $1000-$1200 but that is also an upsell to his tour bus crap that he charges $30K.

I couldn't stand him on FTH. Thought he was very arrogant and rude. He at one point treated his wife like crap on TV as well.

I wouldn't trust him to walk my dog much less trust him with REI advice.

so just like the 'rich dad' seminars

Google ads. Not sponsored or specified by BiggerPockets. That's what keeps the lights on. Or the disks spinning, as the case may be.

I cant recall any Guru ever actually promising success or wealth. They are no different then anyone else. Most people are just upset that he is making a killing selling people his method of making money. I have never purchased anything from him but you have to give it to these Guru guys. They are selling hope to people who are looking for something. If you want to get mad at anyone, get mad at kiyosaki or Trump or Nuevo Reisch. They are all charging ultra expensive products and courses. I have sold 38 homes so far this year, maybe I should offer a course of product to sell.

I know a guy that has spent over $80K with the Kiyosaki group and has never bought a house. Unbelievable!

Um Curt that's exactly what Armando is doing. Read my post above on what he does.

Red flag #1: Guru holding a free seminar (it really is not free, it is an up sell to costly programs, boot camps, and personal training sessions to the tune of many thousands of dollars.
Red Flag #2: The advertisement video shows a clip of attendees dancing and cheering and all excited in the audience = Hype and more Hype which is all fluff and BS.
Red Flag #3: So-called top RE flip investor in the country - then why not keep flipping rather than market courses and seminars?
Red Flag #4 - Guru's name is Armando Montelongo - check his real record of law suits and failed business ventures.
Red Flag #5 - He is a guru, need we say more.

Note to all newbies, seminar junkies, or anyone thinking of attending this or any similar scam to get your money - Armando, or any other guru for that matter, cannot possibly know the intricacies of every market across the country and giving generalized information on "how to do anything" is just that, general info you can get for free. It is the specifics of each market and each strategy that are so crucial to know. Do not be fooled by these people, I can PROMISE you one thing, THEY DO NOT HAVE YOUR BEST INTERESTS IN MIND.

Where did you get $3500 Curt? He charges $30K for his bus tour according to everyone who attended his paid seminar.