Armando Montelongo net worth: Armando Montelongo is a real estate entrepreneur and former reality star who has a net worth of $50 Million dollars. Armando Montelongo first gained wide recognition as one of the stars of "Flip This House"". Armando has written several books and currently conducts real estate investment seminars around the country. These seminars are said to be attended by 300,000 people per year. Armando Montelongo himself has claimed that this thanks to these seminars, his personal net worth has topped $200 million.