MIAMI—Armando Montelongo, star of the reality TV show Flip This House, is now sharing his expertise on million dollar flips. In part one of this exclusive interview, 'Flip This House' Star Talks Million-Dollar Flipping, we asked him about he principles for success and his secret sauce in this luxury sector. In part two, we're diving deeper with his predictions on the economy in 2014 and how it will impact real estate investment.

GlobeSt.com: Are you now teaching how to invest in million dollar flips? Is this the next “big thing”?

Montelongo: Yes, I teach a limited group of advanced investors how to do million dollar flips because these are not for the novice or the guy who watches a decorating show and who wants to get rich quick. And yes, million dollar flips are the next big rage to happen. They are bigger, better, sexier.

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