Joey Chianese – An In-Depth Conversation of a Real Estate Innovator

Joey Chianese is a prominent real estate entrepreneur based in Virginia, renowned for his unique approach to property investment known as the “slow flip” model. As the head of 72019 LLC, Chianese has carved out a niche in the real estate market by offering accessible property ownership paths via land contracts.

This strategic focus on property acquisition, enhancement, and gradual ownership transfer not only distinguishes him in Hampton Roads but also serves as a valuable model for investors beyond the region. 

Beyond his real estate endeavors, Chianese is also a marketing consultant and investment advisor, sharing his insights through platforms like YouTube and Skool. His educational approach to real estate has made him a sought-after mentor for aspiring property investors. This article delves into an interview with Joey, exploring his career, influences, and philosophy on real estate and life.

Early Influences and Career Beginnings

Who or what inspired you to pursue a career in real estate investing?

My uncle, Scott Jelinek, played a crucial role in bringing me into the realm of real estate investing. He created a training program that was instrumental for me. I attended one of his training sessions with my wife, who was my girlfriend at the time, on the day of her 21st birthday. That was about seven years ago, and we’ve never looked back since. His teachings and mentorship have shaped my approach and success in this field.

Career Milestones and Challenges

Can you share a defining moment in your real estate investing career?

A particularly memorable moment that stands out is a deal I closed this year. It involved selling a package of 34 houses in Illinois to an investor, which resulted in a profit of $397,000. This deal significantly boosted my confidence and helped shape my business to what it is today. We celebrated with friends and family, and it was a night I’ll never forget.

What is the biggest challenge you have faced in your career, and how did you overcome it?

One of my biggest challenges was dealing with the fallout from getting involved in the flea market business, which led to a run-in with the FBI in 2019. It was a setback that consumed four years of my life. However, this experience taught me valuable lessons about focusing on my real estate ambitions. I wish I had started earlier and avoided that detour, but nonetheless, it molded me into the resilient person I am today.

Business Philosophy and Values

How would you describe your personal and professional values?

Personally, I prioritize honesty, integrity, and loyalty. I strive to always tell the truth and maintain transparency. Professionally, I carry the same values in my business dealings. I ensure that all parties involved in a transaction are informed about every detail, including my earnings. I believe that honesty is always the best policy and I strive to avoid any surprises for my clients.

What advice would you give your younger self knowing what you know now?

I would advise my younger self to stay clear of the flea market business, which led to unnecessary challenges. Additionally, I would encourage starting sooner in real estate investing. If I had begun right after my uncle’s training without hesitation, I could have achieved even more in my career.

Impact on the Community and Future Goals

Are there any charitable organizations or community service-oriented activities you are involved in?

Currently, there are no specific organizations we are involved with, but we have plans underway for future donations and charitable endeavors. I view our business model as a form of community service. It helps rejuvenate neighborhoods by transforming properties that might otherwise be considered eyesores. Our work in Newport News, VA, has made a tangible difference in the community.

Please share an inspirational story about a time you helped change someone’s life through your work.

Our business model has affected many lives by providing opportunities for homeownership without the traditional qualifications. Many times, I’ve witnessed buyers in tears at my office, overwhelmed with joy because we gave them a chance they never thought possible. One poignant instance was when a buyer’s house caught fire, and we covered the damages to ensure she remained in her home. Her gratitude affirmed the impact of our work.

Personal Insights and Reflections

How do you define success?

I define success as achieving financial freedom. It means being able to provide for my family and allowing my wife to stay home with our child without needing to work. For us, success is deeply intertwined with financial freedom through real estate investing.

What personal or professional achievements are you most proud of?

On a personal level, I cherish the strong relationship I have with my wife. We share everything, from our work to our personal lives. Professionally, I am proud of the extensive property portfolio I’ve built. Currently owning 200 single-family homes and all of which are cash-flowing.

In conclusion, Chianese’s journey in the Virginia real estate market is a testament to the power of mentorship, resilience, and strategic innovation. His story offers a blueprint for aspiring investors and underscores the importance of transparent and ethical business practices. As he continues to expand his influence and impact, Chianese remains a formidable figure in the realm of real estate investment.Joey Chianese’s journey is a testament to the pivotal role that guidance and perseverance play in the world of real estate.

His approach not only transforms the properties he invests in but also the lives of the people who come into contact with his work. By focusing on creating opportunities for those who might not traditionally qualify for homeownership, he is setting a new standard in the real estate field. His vision for the future includes continuing to expand his property portfolio and deepening his impact on communities through both direct involvement and charitable endeavors. Joey Chianese has a clear focus on using his knowledge and success to empower others, providing them with the tools and support to achieve their financial freedom.

As he continues to develop his business and extend his reach, his commitment to honesty and community improvement remains unwavering. Joey Chianese’s story is a compelling example of how one individual’s dedication to their craft and values can leave a lasting imprint on a community and inspire future generations of real estate investors.

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