Armando Montelongo, Jr. is an American land business visionary and public speaker. He is most popular for being important for the famous unscripted TV drama on A&E called Flip This House. From that point forward, he began his own organization that spotlights on giving land venture courses. Starting at 2021, Armando Montelongo has an expected total assets of $20 million.
| Full Name | Armando Montelongo, Jr. |
| Birth Date | 50 years old |
| Birth Place | San Antonio,Texas |
| Profession | Real Estate Entrepreneur and Public Speaker |
| Relationship Status | Single |
| Net Worth | $20 million |
Armando Montelongo Early Life
According to the story that Armando has given, he experienced childhood in San Antonio where his dad had a development business. Notwithstanding, when he was 16 years old, the business went down due to the land downturn that was happening in the U.S.
Armando Montelongo Net Worth and Career
Armando has just given the narrative of his life 15 years after this where he referenced that he was having an exceptionally difficult stretch with his house being abandoned, him and his family depending on food stamps, and them residing in the carport of his parents in law.
There could have been no other choice for Armando than to bring in cash. On one occasion he had the option to see that the home estimations in Texas were extremely low due to which he chose to begin purchasing homes that were bothered. To get this rolling, he began by taking a $1000 credit from his father and kept trading such properties.
According to Armando, he turned into a multi-tycoon in 3 years in the wake of doing this and idealizing the equation he was following. Armando then, at that point, turned out to be important for the show called Flip This House since he was in a similar field and showed up close by his colleagues.
The unscripted TV drama was a major achievement and included Armando on the show for three seasons which assisted with helping his validity staggeringly as a realtor. After this task was finished, Armando chose to begin a film creation organization by his own name in 2011 with one of their principle creations being the film called Line of Duty.
The film was made with a $2.5 million financial plan and delivered in 2013. Nonetheless, Armando has centered the majority of his consideration on his other organization called Armando Montelongo Seminars which he began in 2008. It was the progress of this business that prompted him being named as the No. 2 Hispanic entrepreneur present in the Inc. 500 rundown.
The land course business incorporates Armando having an hour and a half free class, regardless which is intended to draw in likely clients towards his workshops. Then, at that point, there is a three-day studio that he sells for $1500. A greater upsell from here is an in-person preparing event that goes for as much as $40,000.
This business has had a few objections which even prompted an examination by the Texas head legal officer. In any case, Armando gave his confirmation of working under the regulations and ensuring that the showcasing of the courses was not deceiving and didn’t meet the objectives vowed to the understudies.
Armando Montelongo Personal Life
Armando was hitched to Veronica Montelongo with whom he likewise shares a child. Notwithstanding, their marriage finished in 2011.
Armando Montelongo Net Worth
Starting at 2021, Armando Montelongo has an expected total assets of $20 million. Armando has made claims that his total assets is just about as high as $200 million yet he has not had the option to give any confirmation of this. Nonetheless, he has still been extremely effective both as a land financial backer, flipper, as well as through his workshop business which has made the heft of his fortune.
