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Real Estate Investing Forums  |  Real Estate Investing  |  Rehabbing, Landlording Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: The Montelongo's on "Flip This House" « previous next »
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Author Topic: The Montelongo's on "Flip This House"  (Read 8688 times)
Lizbuyshouses
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« Reply #45 on: January 16, 2007, 06:22:12 PM »


I used to think Richard was a bit full of himself until the San Antonio crew came on the air.  Good grief.  

I am amazed at how poorly the San Antonio brother's treat their contractor.  I cannot comprehend bragging about taking advantage about someone who has less.   I admire their growth but cannot condone their methods.

Of course, still can't resist watching the show....
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christoncuspud
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« Reply #46 on: January 17, 2007, 04:06:32 PM »

I agree with all of the comments.
The Montelongo's crew suck.

Also, I have a question.  Why I do not see anyone do a major plumbing or major heating job on the show. Some of those houses were so beat up, I know they had to replace the heating and plumbimg.
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4R Management
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« Reply #47 on: January 17, 2007, 04:28:18 PM »

Because I am sure they are cutting so many corners with those subcontractors that the SUBs are being smart and not wanting their faces put out there with the work they are doing.
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« Reply #48 on: January 17, 2007, 05:36:56 PM »


The Montelongos replaced a water heater in one episode because the bottom rotted out of the old one and they had no choice...they live in San Antonio...most of the year the rubes buying their properties don't check stuff like heat and hot water...when you're as crooked as they are, the word eventually gets around.


Keith
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jagsterr
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« Reply #49 on: January 21, 2007, 04:03:50 AM »

I've only seen the show once, but that was enough for me.  The brothers are absolute users.  They take advantage of everyone, and squeeze the life out of people so that they can be the only ones that make a large profit.  And then theres the work they do - it is just a band-aid or cover up job they do, whether its lease to own or purchase, no one should end up with a surprise when they scrimpted to buy.  Now those buyers will be faced with more expenses once they move in and discover all the cleap band-aid coverup jobs that were done to the house.  It's ashame that they can make a killing and not give a damn about ANY one in the process.  They have no conscious.
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« Reply #50 on: January 21, 2007, 08:24:45 PM »

Sorry, she does nothing for me! LOL :-*
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« Reply #51 on: February 10, 2007, 10:01:38 PM »

I've been to two of the properties theyve shown on the San Antonio crew.  The one where they redid 5 houses in a row, well my wife and I drove by probably a month after the show aired and some of them still were fenced off and being worked on.  I got the impression that they were all finished.  Then the other one they did is still sitting vacant with a for rent sign outside, I drive by that one about 2 twice a month since its close to where I go have a beer.

I also saw the more tolerable brother last week at a stop light.  He was driving a real nice Mercedes, that's the only reason I saw him, the car got my attention.
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« Reply #52 on: February 11, 2007, 08:23:21 AM »

I met them at our local San Antonio REIA group. They gave couple of hours presentation offering new investors a chance to buy 10 houses each from them at 100% ARV occupied with bad credit tenants in bad sides of town promising them 10% appriciation per year.

If you think they are bad on TV, try the brothers in person. Their wives are hot in person though :D
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Rich_in_CT
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« Reply #53 on: February 11, 2007, 10:02:37 AM »

The one where they redid 5 houses in a row, well my wife and I drove by probably a month after the show aired and some of them still were fenced off and being worked on. 
A few fell through on financing back to the previous renters, they were sold off unfinished to another investor.  Those are probably the unfinished ones.
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Real Estate Investing Forums  |  Real Estate Investing  |  Rehabbing, Landlording Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: The Montelongo's on "Flip This House" « previous next »
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