In this video, I dive into the key strategies for flipping houses for maximum profit, particularly in today’s market. I’ve learned over time that you don’t always need to go “full HGTV” on every flip. By focusing on smart, targeted renovations—often just paint, flooring, and essential updates—I’ve found that I can still hit top value without overspending. I’ll share how simple changes can yield big returns and break down how to read the market’s demand so you know when a lighter touch can mean bigger profits. Stick around for the pro tips that can keep your flips profitable without blowing your budget!

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Show Transcription:

Mathew Pezon (00:00):

Getting to a place where the market doesn’t reward that behavior, it’s doing what the market needs and not overdoing things that, that’s important right now. Completely

Tony Javier (00:07):

Agree. I love how you said that, where the market rewards the behavior. <laugh>, it’s a good, good way of saying basically, is it returning the money that you’re putting into it? Right. So,

Tony Javier (00:18):

You know, what we’ve found is, is that, you know, we, we used to have to do full renovations, do it HDTV style to get the maximum value we that we wanted for the property. But we’ve found is we, you know, we we’re cutting our budgets quite a bit. Not, not that we’re trying to cut corners necessarily, it’s just we don’t have to do ’em nearly as nice in, in this kind of market because property still appraised pretty well. Buyers. We actually did a, a wholesale, it was basically just paint carpet for the most part, a paint flooring. Um, and we ended up getting like $20,000 over what we thought we were gonna get for it. It was only like $20,000 less than if we would’ve done a full rehab. So we made a lot more money on that deal, um, than we would have doing a full rehab.

Tony Javier (00:58):

So I think being smart with renovations these days can really maximize your profits. And when you’re doing a high volume of deals, I mean, just think about if you can save, you know, three, five, sometimes even 10 grand on a renovation and you’re doing that with multiple renovations, that really adds up to a lot of money. Hi guys. Tony here. I hope you like what you see so far. If you like what you see so far, hit the like button, subscribe. This will get this out to more people and notify you guys. When I create more videos, I’m looking to create more millionaires and more success from people like you. So keep watching and share this with anybody you think could use it. I was just kind of curious what your standard was for, uh, for renovations. We still wanna make our properties nice. It’s not like when we rent them their dumps, but especially if we’re selling them on the open market, we found that we just don’t have to do nearly as much. ’cause buyers aren’t as picky these days just ’cause there’s not as much inventory. Have you kind of seen the same thing? Yeah, same thing as well.

Mathew Pezon (01:53):

Oh yeah. You’ve probably been seeing me nodding my head. I mean, yeah, it’s exactly the same here in the Lehigh Valley. I’ve started to do a couple, like select in select locations. There’s like one zoning thing that I’m doing to change a use and other things, but it’s only by very important areas. By and large. It’s the same model as what you’re saying, um, that I’m doing, um, at scale, which is just the getting things to meet the, meet the standards. So getting the property up to the standard of what the marketplace demands, not over improving it because then you’re, you’re spending a lot of additional time, effort tying up capital and scope, getting to a place where the market doesn’t reward that behavior. Um, so it’s doing what the market needs and, and, uh, uh, not overdoing things that, that’s important right now. Completely agree.

Tony Javier (02:36):

I love how you said that where, where the market rewards the behavior <laugh>. It’s a good Yes. Good way of saying basically, is it returning the money that you’re putting into it? Right. So Love it. Yep.