Armando Montelongo Company Ranked 19th in First Appearance on "Inc. 500" List of Fastest Growing Companies

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Aug 24, 2011, 10:07 ET

SAN ANTONIO, Aug. 24, 2011 /PRNewswire/ -- The Armando Montelongo Company, leader in real estate education, today announced its rank within the top 20 of Inc. magazine's 30th annual "Inc. 500" list. An exclusive ranking of the nation's fastest-growing private companies, the list represents a comprehensive look at the most important segment of the economy – America's independent entrepreneurs. One of only six education companies to make the list, the Armando Montelongo Company offers education products and seminars to help people understand real estate investment as a way to earn money and achieve their goals.

(Photo: http://photos.prnewswire.com/prnh/20110824/NY56565 )

"We are honored to be recognized on the 'Inc. 500' list for the first time," said CEO Armando Montelongo. "Our growth really shows the opportunities for people in any real estate market, once they have the tools to understand what it takes to generate success. We look forward to continuing to provide those who are interested in real estate investment and have the passion to work towards their dreams with the knowledge and proven strategies that can help make those dreams reality."

After becoming the star of the popular A&E reality show "Flip This House," Armando Montelongo founded his real estate education business in 2006 to share with others his unique formula for finding and selling homes at a profit. Taught for different levels of real estate knowledge and goals, the Armando Montelongo Company education seminars teach students "The Four Fs" of house flipping: Find, Fund, Fix, and Flip. His seminars range from free preview events, to three-day seminars, to local hands-on weekend events where students learn to practice the Four Fs in their local area. In addition, the company also offers a VIP Bus Tour that gives students practical coaching on the A-Zs of flipping a home in a fast market. Compressing decades into days, this event is based on the exact method that propelled Montelongo from poverty to America's best-known celebrity real estate investor, in under five years.

The full list of 2011 "Inc. 500" companies is revealed in the September issue of Inc., available on newsstands from August 23 to November 15. Those on this year's list employ more than 46,000 people and generated over 35,000 jobs in the past three years. Through the "Inc. 500," Inc. seeks to recognize and celebrate the creativity, dedication, and hard work that entrepreneurs put into building their companies. Complete results of the "Inc. 500," including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com/500.

Methodology

The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.

About Armando Montelongo

Former star of A&E's hit show "Flip This House," Armando Montelongo has inspired millions of people with his rags-to-riches story, becoming America's most successful and recognized residential real estate investor in less than five years. As an influential businessman with diverse interests across multiple industries, Armando has built a powerhouse portfolio of companies that span real estate, education, and investment. His real estate investment education business, Armando Montelongo Companies, Inc., uses seminars, books, and DVDs, to teach people across the nation his proven strategies to make money through real estate in any market condition. The author of Flip and Grow Rich, Armando resides in San Antonio, Texas, and still flips homes for a profit to this day. For more information please visit www.armandomontelongo.com or find Armando Montelongo on Facebook at www.facebook.com/armandomontelongofan.