Pittsburgh is the #2 city in America for rehabbers
Interesting news on the flipping front.
First off one of our local TV stations did an expose on Armondo Montelongo, I have always said that guy is a complete fraud, and his arrest record, law suit against his brother, and this local newscast all seem to point that way. There are some real scum bags in our industry and part of my job at REIA is to filter out these crooks. Armondo has always sold crap at really high prices, he seems to exist by taking advantage of people with his slick marketing campaigns. This is not the right way to go about making a living. There are a lot of honest real estate educators out there who can and do make money as investors.
Secondly, I saw somewhere that Pittsburgh is the #2 city in America for flipping. Good thing I already scheduled the best flipping trainer in America to come and visit us. Robyn Thompson will be in town early in 2015. Robyn is a dynamic teacher and a great person. She is also a PA farm girl from Phillipsburg PA. Her success is legit and somewhat legendary. I have personally seen her private jet and chatted with her pilot. Hint: if you have a pilot on your staff, you are doing pretty well.
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(November 2014 Newsletter)