For those who want to see/hear a “guru” [Armando Montelongo] speak tonight…he’s doing a webinar on the web. Please do me and yourself a favor and DO NOT buy any of his overpriced junk [the $50-$100 ebook or the $1000 ‘get rich quick’ or whatever kit] as you’ll be wasting your money. But…for those who are curious like myself…I’m gonna see what this guy has to say. I bet you a nickel he pitches his stuff right & left. I’m on his mailing list and I think I got 3-4 emails about ‘how excited he was’ to do this today alone. LOL.
January 2007 "I want you all to buy just 2 stocks this year, Toyota (then selling at $135/share now at $119) and Goldman Sacks then trading at $230/share now at $195
Another all time favorite…June 2006 “You’d have to REALLY try hard to find a more terrible tire company than COOPER TIRE, these guy’s just don’t get it” June 06 $9/ Share…July 07…$24/share (Thanks Jim I bought 2000 shares at $10 because YOU hated the stock and rubber supplies were FLOODING the market and driving prices thru the floor, cheap raw materials costs can’t be good for a tire maker??? DUH!)
Montelongo is arrogant, treats people who work for him like dirt and my bet is they whole crew winds up going belly up when this bust lites up in Texas. These types of people NEVER learn.
YOU GET WHAT YOU GIVE.
No thanks I’ll pass, I hear Jim’s recommending HOME BUILDERS STOCK on tonights show!!!
You’re not hurt. If you only spent $100 on the books then you didn’t really lose anything. The gurus are famous for selling expensive courses, seminars, and bootcamps that promise to give you the “secret” to success. When you get to the expensive course, seminar, or bootcamp, the guru then upsells you to the next level of course, which costs even more because that is the level that the super insider secrets are revealed. However, when you arrive at that higher level course, they upsell you again to the insider platinum level course where the “secret” will finally be revealed. Unfortunately, THERE IS NO SECRET!
The “secret” to success with real estate investing is HARD WORK, PERSISTENCE, and DOING THE HARD WORK OF LEARNING THE BUSINESS. Please don’t give the “secret” away. That will be $25,000 please!!!
I heard that exact same thing on another message board…the $100 e-book is just a teaser to get you excited about his $1000 e-book. Damn, if Armando sells just a couple hundred of those $1000 e-books he’ll do fine. And I bet he will considering Flip This House had something like 4.2 million viewers, and you KNOW 1 out of 100 people are “suckers” [I think that figure is muuuuuuuch higher actually, LOL]…but if he sold books to just 1 out of 1000 [0.01%!!!] of the 4.2 million viewers…that’s 4200. If he sold 4200 e-books x $1000 = he would net a cool $4.2 million. But I doubt he’ll do that good. Then again, you never know. There is a sucker born every minute.
yes there is alot of suckers out ther but in turn there is alot of ambitious folks as well… to say anyone who has made a purchase towards their futer (wether good or bad) is a sucker is pretty lame. :bs I make a whole lot of money with my job but am wanting to broaden the way I make money, to say that is bieng a sucker says alot about you :flush
Hey “DaMan”, lighten up a bit man. Sounds like you have a chip on your shoulder. We’re all friends here, well except for me and Pete. HA!!! J/K
I believe that purchasing information to further your career is a must. What everybody is saying here is that learning is good, paying somebody $1,000 for a book that is going to tell you the “secrets” or rehabbing… that person is a sucker. Be ambitious, but be cautious also. Stick around this site for a while, you will learn alot. I know I did!!
It’s cool Man. I have found that sometimes those bullies are a little rough around the edges, don’t have the popular opinion, and aren’t incredibly friendly and inspirational. At the same time I have learned a lot from them. I try to read between the “brashness”. Well, now I do. :beer :beer :beer