Comments on: Mike Voss Reviews Armando Montelongo’s E-book

By: Larry J.

Larry J. — Mon, 30 Jun 2008 00:00:49 +0000

wow mike is such a pussy… my comment, a reasonable one didnt get posted… Just because it was neutral and calling MIKE OUT, DOESNT MEAN TO CENSOR ME!!!! Mike Voss is a pussy.

By: tigess

tigess — Sun, 22 Jun 2008 10:26:27 +0000

I do like watching flipping shows, but the ones with Armando are the funniest. But if you really want to see how some things really are try TLC’s Flip that House. Armando, thanks for the laughs, but I know that will soon come to an end!

By: Mike Voss

Mike Voss — Wed, 21 May 2008 22:40:29 +0000

RE: post 193: Jo - correction - I should have said agent as opposed to realtor in that context - that is correct. (actually sales agent is the proper RE term) However, I do stand by the statement. The VAST majority of agents I encounter know a lot about selling and closing and very, very little about houses. Even the ones who know about houses have the cliched, pop-culture knowledge and not much else. I’ve met the top 5 agents in my area, several of whom are number one nationwide for their respective brokerages. Not one of them has a clue. They’re just commissioned salespeople.

RE agents can indeed have experience in many transactions, but that’s not quite what I was addressing. A competent RE lawyer actually will have far more experience than a RE agent and that’s who I’d talk to if I were looking for advice on RE transactions. While I never use agents, I use such a lawyer on just about every transaction.

So, we’re talking about 2 things in actuality - understanding RE transactions (maybe maximum of 10% of the deal) and understanding house construction, maint. and repair - that’s the important part in this context.

By: Short Sale Pro

Short Sale Pro — Tue, 20 May 2008 07:11:26 +0000

Hey Mike,

I enjoyed your review of Armandos ebook. I too have had a hard time swallowing the fact that he could buy and flip 30 houses per month.

If one person is buying and selling that many properties, he must be putting a lot of realtors and other investors out of business.

First from my experience, there are only about 30 good deals being bought in my market per month and that would mean that armando is the only mover and shaker in town, which is not the case.

You can search the MLS right now and i bet you wouldn’t be able to find 5 properties that qualify for a good flip, since most markets are filled with REO’s that are only being sold at 85% of fair market value.

All that talk about flipping 30 houses per month is a joke.

Why is he not showing other projects on his tv shows. A big time player like that would love the exposure driving 30 properites a day saying “yeah this is what i am doing, while shooting tv shows.”

I know i am not the only one that wants to see his vast portfolio of deals that he is working at one time.

Dabte

By: Brian

Brian — Mon, 19 May 2008 16:23:41 +0000

Well just got an email from our hero, and guess what He’s in New York filming an infomercial. And he’s rubbing elbows with you guessed it The Donald. It seems fat boy is filming his spot right after The king of pompous aholes gets done with his. What next Montelogo Tower?

By: Fivehole84

Fivehole84 — Sat, 17 May 2008 10:14:43 +0000

I will admit, my first time reading your review. I will say you work hard on your reviews, so as they say in the ghetto, “mad props”….. I watch the show, but I have always wondered how they talk contractors down 30 or 40k. And really, you never see a house sell. What is this for FTH, 2 of the their ones have gone down in flames?

By: Winer

Winer — Wed, 09 Apr 2008 22:12:17 +0000

I know this is pretty late in the game but I’d like to thank a few of the regular posters here (namely Mike Voss) and the humble webmaster. The rest of you know who you are, thanks.

I haven’t read this entire thread of comments as I need a break after reading all 1700+ posts of the “Has anyone purchased AM’s…” thread, but I also want to comment on the hilarity of AM’s shill posting. I forget the numbers in ASN (Armando Shill Notation), but the best part is how he consistently misspells what I assume to be “whiners” as “winers”. For example “you are all just winers and haters!” Perhaps he is misspelling “winners”, as in opposed to losers? At least he stopped putting a “/” after every “‘”. DAMN THESE FAT FINGERS!

By: Jo

Jo — Sun, 06 Apr 2008 21:28:44 +0000

Thanks Mike for your review, I agree with most of your opinions although you did contradict yourself when speaking of the use of a realtor (REALTOR is not a job description, it is a term that means a sales agent belongs to the National Association of Realtors and only approx 50% of real estate sales agents belong) by saying Armondo’s fatal flaw is to suggest you dont need expertise in an endeavor to be successful at it. Who has more expertise in real estate transactions than real estate agents?? “Anyone who thinks they can make a living dealing in a commodity in which they are anything less than an expert is a fool.”
Sorry just had to make that point for all of us “REALTORS” haha.

By: Mark’s Soap Box » Blog Archive » I Knew This Was Coming

Mark’s Soap Box » Blog Archive » I Knew This Was Coming — Wed, 02 Apr 2008 00:29:48 +0000

[...] Unbelievable. Seems some people are not too impressed with the ONE Thousand Dollar Package. [...]

By: Derek

Derek — Sat, 29 Mar 2008 21:49:18 +0000

Ive done some research and while mr montelongo jr and wife victoria have multiple houses in their names and the name of the company, oddly enough, the house listed as the address of the owner of their properties for tax purposed doesnt even belong to them. How can you be an expert real estate guru but not have the sense to own where you live? shouldnt “dont pay rent” be your first rule of thumb?