Armando Montelongo Net Worth: How Rich Is The Leading Entrepreneur

If you remember watching the popular reality TV series titled Flip This House, which was aired on A&E, then you do know the actor Armando Montelongo quite well. However, Armando’s main profession is not acting; he is a leading entrepreneur in the real estate business and a public speaker.

Armando founded his company in his name: Armando Montelongo Companies, which organizes seminars related to real estate investment. the company set up its headquarters in San Antonio, Texas in 2012.

So, if you are curious to know more about Armando’s life before popularity, and how he become so successful in this real estate field, then keep on reading.

Facts About Armando Montelongo

Armando Montelongo’s Early Life

This 51-year-old white American real estate entrepreneur was born on 25 October 1970 and raised in San Antonio, Texas. However, details about his parents’ are yet to be found on the web. 

Armando has one brother named David Montelongo, who is working with her wife Melina Montelongo as a real estate consultant. Though this couple is facing some financial difficulties, Melina said in an interview that they will continue to work in this business.

We gathered that Armano was an excellent student and formed an interest in entrepreneurship and speaking from an early age. But we couldn’t find out in which institutions he studied.

Armando Montelongo’s Personal Life

Armando Montelongo’s personal life has been quite the talk of the town because he was the ex-husband of Veronica Montelongo, a renowned reality star. Though this couple didn’t publically announce the exact date of their marriage, some sources state that they were married since 1997. Armando and Veronica has a son named Mondo Man.

Armando and Veronica’s marriage was rocky from the beginning. Veronica claims that Armando didn’t behave properly and vented all his anger and frustration with his wife. Later, they both agreed to separate and move on.

After Veronica, Armando met Whitney and these two are now happily married. They have three sons named Max Montelongo, Titan Montelongo, and Atlas Steel Montelongo.

In 2001, Armando was financially struggling, had a debt of $50,000, and a credit rating of 501. During this time, Armando was staying in his in-laws’ garage with his wife and first toddler son. However, his luck suddenly flips after learning the technique to flip houses: buying a house at a cheap rate, fixing and decorating nicely, and reselling it at a good price.

In 2012, Armando and his first wife appealed to a court in San Antonio for divorced and got the decree. An “Agreement Incident to Divorce” was made between Armando and Veronica, and according to that, Armando had to pay alimony of $4,000 per week. Furthermore, he was obliged to pay her $250,000 annual payment for five years.

Armando Montelongo’s Age, Height, and Weight

Armando Montelongo’s current age is now 51 years. After looking at Armando’s photo, surely, he is quite tall and healthy. Height-wise, he is 1.83 m and his weight is 88 Kg.

Armando Montelongo Net Worth and Salary

It is indeed a praiseworthy matter that at the age of 51, Armando Montelongo’s net worth is estimated $60 million as of April 2022. It’s reported that every year nearly 300,000 people joined his seminars. Since he is an entrepreneur in the real estate field, a prominent actor, an executive producer, author, no wonder Armando’s yearly income is so high.

Armando Montelongo’s Career

When Flip This House’s first season got backlashed from the public due to the cast, the production team then decided to feature Armando’s team from San Antonio along with Atlanta’s competitor in their second season. Armando Montelongo, his then-wife Veronica, Brent Holt, and Randy Bruch were in the San Antonio team. Armando got so popular from this TV show that he appeared in three seasons.

Later, Armando opened his own production company “Armando Montelongo Productions” in 2011, and in 2013 its first released movie was Line of Duty, where he was the film’s executive producer.

Even though he got recognition from the show Flip This House, Armando didn’t choose his profession as an actor. Montelongo’s career set off as a real estate investor in his hometown San Antonio, Texas in 2001.

In 2005, he started doing seminars about real estate. And in 2008, he established Armando Montelongo Seminars, where he conducted free seminars and workshops. He also guided future real estate investors throughout the seminars. Soon Armando’s company become the leading education company in the U.S.

However, Armando Montelongo Seminars was under investigation by the attorney general of Texas in 2011 due to a sue of students. They filed a lawsuit claiming that Armando’s advice and ideas were misleading and his business model was fraudulent. But later he was set free of charges by the court for lack of RICO claim on the plaintiff’s part.

Armando Montelongo was the author of Flip and Grow Rich, his first-ever book, where he shared both his professional and personal experiences. After that, he wrote numerous books.

You may also read: Juan Almeida Bosque Bio

Armando Montelongo’s Awards and Achievements

(1) Armando Montelongo was ranked second Hispanic business owner on Inc. 500 in August 2011.

(2) Armando Montelongo Seminars had earned the prestige of becoming the U.S.A’s fastest-growing business and top-tier education company in 2011.

(3) The TV show Flip This House got huge popularity in the second season where Armando Montelongo was cast.

(4) Armando and Conquest Racing sponsored an Indy 500 race car in May 2010.

(5) He appeared in an episode of Undercover Boss on February 6, 2015.

Armando Montelongo’s Recent Activities

Armando Montelongo’s full focus revolved around his company “Armando Montelongo Companies.” He is still investing in the real estate business, as well as conducting his seminars.