BBB Business Review
This Business is not BBB accredited
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This company provides seminars to determine if you are interested in Real Estate Investment, training opportunities, coaching, and hands on training regarding Real Estate Investment.
This business is not BBB accredited.
Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.
To be accredited by BBB, a business must apply for accreditation and BBB must determine that the business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses must pay a fee for accreditation review/monitoring and for support of BBB services to the public.
Reason for Rating
BBB rating is based on 16 factors. Get the details about the factors considered.
Factors that lowered the rating for Armando Montelongo Seminars, LLC include:
- BBB concerns with the industry in which this business operates
- Failure to respond to 5 complaints filed against business
- Government action(s) against business
Customer Complaints Summary Read complaint details
|Complaint Type||Total Closed Complaints|
|Problems with Product/Service||45|
|Total Closed Complaints||96|
Additional Complaint Information
Complaints received by BBB allege that consumers attended a free seminar hosted by this business. Complainants allege, during a free seminar hosted by this business, they are encouraged to attend an additional three-day seminar costing $1,497 and, at times, are offered a tax lien seminar for $795. Consumers who attend the three-day seminar allege they were misled regarding what information or services would be provided. Consumers further express dissatisfaction that the seminar encouraged them to purchase additional real estate investment education packages starting at $12,000 and/or they were dissatisfied with the education received. Some complainants allege that they cancelled their purchase with the business and requested a refund. Consumers allege that they have not yet received their refund, and experienced difficulty in getting the business to address their concerns. Consumers generally contact BBB to request assistance in obtaining a refund outside of the company's refund policy because they allege they did not receive the education promised. Additionally, they contact BBB to help assist them in obtaining a refund promised by the business, but not yet received. The business has responded to complaints by explaining that they will rely on the original terms and agreements provided to the consumer at the time of purchase. The business also generally has a representative reach out to consumers to discuss the dispute.
Customer Reviews Summary Read customer reviews
|Customer Experience||Total Customer Reviews|
|Total Customer Reviews||0|
Type of Entity
Limited Liability Company (LLC)
Business ManagementMr. Andy Moon, In-House Counsel Mr. Ryan Quiroz, In House Counsel Mr. Armando Montelongo Jr., President
Related BusinessesArmando Montelongo Jr, Ltd. AMJL GP, LLC
Seminars & Training - Wealth Building & Real Estate Results not Substantiated Coaching - Business Seminar Marketing Training Programs Investment Seminars
Refund and Exchange PolicyConsumers are encouraged to read their contract closely and understand the terms & conditions. Consumers purchasing additional training do have 3 days from the date the contract is signed to cancel and get a full refund. Refund requests must be sent in writing to the company, and consumers are encouraged to fax or certified mail the request to guarantee receipt. Please read the contract carefully regarding your obligations regarding any money back offers.
Alternate Business NamesArmando Montelongo's Mega Millionaire Event Education Management Services, LLC Non Live, LLC Real Estate Training International, LLC
During a meeting with BBB on August 2012, the business indicated that the free seminars offered to consumers are designed to help them get a basic understanding of the industry and determine if real estate investing is right for them. The business alleges it is explained to consumers that they will not walk away from the free seminar with the ability to invest in real estate. The business added that consumers who invest in the three-day Armando Montelongo training seminar and follow the steps outlined in the training, will make money. The business indicated that consumers do not have to attend additional training to be successful. Consumers who attend the paid training should read and review the terms and conditions of the money back guarantee.