Joey Chianese is a Virginia-based entrepreneur known for his strategic approach to property investment. He has carved a niche for himself through the "slow flip" model, a unique investment strategy that offers a pathway to property ownership with accessible financing options.
As the head of 72019 LLC, Chianese focuses on land contracts, assisting clients primarily in the Hampton Roads area and beyond. His dedication to this innovative model has set him apart in a competitive industry and helped countless individuals achieve their dreams of homeownership.
Growing up, Chianese was exposed to the world of real estate through his family, which played a significant role in shaping his career path. His uncle, Scott Jelinek, was a pivotal figure in his life, particularly in his professional development. Jelinek is credited with developing the slow flip model, which Chianese adopted and adapted into his real estate ventures. This model became a cornerstone of his success, emphasizing a patient approach to property investment that eventually leads to significant financial freedom. The strong familial influence not only gave Chianese a blueprint for success but also instilled in him the importance of mentorship and shared knowledge.
Chianese’s journey into the professional world began with his education in criminal justice, where he obtained an associate degree from Tidewater Community College in 2014. His initial career choice was quite different from real estate; he became a police officer, serving in the Chesapeake Police Department from 2015. However, the demands of law enforcement life proved to be overwhelming. The long hours, coupled with the stress and the relatively low pay, led him to reconsider his career trajectory. This stint, though challenging, imparted valuable lessons about dedication and discipline, qualities that would later serve him well in his entrepreneurial pursuits.
The decision to transition from law enforcement to real estate was a decisive turning point for Joey Chianese. The experiences and challenges he faced as a police officer, coupled with the mentorship from his uncle, propelled him towards a career in real estate. His path was not without its setbacks. In 2019, he faced a significant legal challenge when he was arrested, an event that he is open about and which he describes as a transformative experience. After serving his sentence, he emerged with renewed determination and began to build his real estate portfolio from just 11 properties to over 200, marking a remarkable turnaround in his fortunes. This period of growth not only restored his financial stability but also solidified his resolve to succeed in a competitive market.
Chianese's real estate strategy is centered around patience and strategic risk-taking, hallmarks of the slow flip model. This approach requires investors to wait several years before realizing profits, with the promise of substantial returns in the future. By focusing on long-term gains rather than immediate profit, Chianese has been able to amass a substantial property portfolio. His strategy involves acquiring properties, conducting necessary improvements, and initiating land contracts that facilitate gradual ownership transfer. This method not only benefits him but also provides aspiring homeowners with a realistic path to property ownership.
Chianese’s adaptation of the slow flip model has not only facilitated his success but has also helped him establish himself as a mentor to budding real estate investors. His willingness to share his strategies and insights through various platforms, including YouTube and Skool, has positioned him as a valuable resource in the real estate community. By openly discussing his methods, he has fostered a culture of learning and collaboration within the industry.
Chianese's venture into real estate has been marked by significant achievements, primarily through the strategic implementation of the slow flip model. After transitioning from law enforcement, Chianese quickly expanded his real estate portfolio. From a modest beginning with 11 properties, his holdings have grown to encompass over 200 properties. This expansion has been facilitated by his patient approach to investment, which involves purchasing properties and holding them for an extended period before reaping financial benefits. This method ensures that Chianese can secure properties at a lower initial cost and eventually gain full ownership without the burden of long-term mortgages.
Through his company, 72019 LLC, he has been a pioneer in making homeownership accessible to those who might find traditional financing routes challenging. His use of land contracts allows clients to gradually pay off properties, thereby easing the financial burden typically associated with property acquisition. This model has not only enhanced Chianese's reputation in the real estate market but has also enabled many to achieve the dream of homeownership. His commitment to creating opportunities for others has been a defining characteristic of his career.
Chianese's impact extends beyond his personal achievements. By sharing his expertise, he has influenced a new generation of real estate investors. His active engagement on platforms such as YouTube and Skool has allowed him to disseminate his knowledge widely. Through these channels, he offers advice on sustainable real estate practices and marketing strategies, helping followers build profitable portfolios with minimal entry barriers. This willingness to give back has earned him respect within the real estate community.
Chianese attributes much of his success to the influence of his uncle, Scott Jelinek, who invented the slow flip model. Recognizing the importance of mentorship, Chianese has embraced the role of a mentor himself, guiding aspiring investors in navigating the complexities of real estate. His insights have been particularly valuable for those looking to adopt a long-term investment mindset. By fostering these connections, Chianese has built a network of like-minded professionals who share his vision for sustainable real estate practices.
Currently, Chianese continues to expand his real estate ventures while prioritizing family life and personal growth. Despite his business achievements, he values a balanced lifestyle, spending significant time with his family. This approach to life underscores his belief in maintaining a healthy work-life balance, something he openly advocates for in his discussions and mentorship sessions. Chianese’s ability to balance professional success with personal fulfillment is a testament to his disciplined approach to life and work.
Chianese's business model is characterized by patience and calculated risk-taking, principles he regards as vital for success in real estate. He emphasizes respecting all individuals involved in the investment process, believing that courteous interactions can lead to beneficial business relationships and outcomes. His strategic risk-taking and focus on building strong connections have been integral to his sustained success.
Joey Chianese also stays informed about industry trends by actively engaging with real estate groups and remaining open to technological advancements that could enhance efficiency. His adaptability and forward-thinking approach ensure that his business practices remain relevant and effective in a continually evolving market. As he continues to mentor aspiring investors and expand his portfolio, Chianese remains a prominent and respected figure in the real estate industry, committed to creating meaningful opportunities for others.
