Real Estate Resilience: Jon Paul Kessinger’s Path from EMT to Real Wealth

How can the pursuit of real estate investment transform the life of someone looking for financial stability and passive income, especially for those in demanding professions like firefighting and EMT work?

In this episode of the Passive Wealth Strategy Show, host Taylor Loht interviews Jon Paul Kessinger, a former firefighter and EMT turned real estate investor and property manager. John Paul shares his journey from the high-stress, time-consuming world of firefighting to achieving financial stability through real estate investment. He delves into the challenges and successes of his first real estate deal, the importance of relationships in the real estate industry, and his transition into property management. This episode is a treasure trove of insights for anyone looking to make their first foray into real estate investment or seeking to expand their portfolio.

[00:00:00 – 00:05:00] The Transition from Firefighting to Real Estate

• Jon Paul’s motivation for finding passive income streams.

• His first steps into real estate investment.

• Overcoming financial barriers in starting real estate investing

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 [00:05:01 – 00:10:00] First Real Estate Deal: Challenges and Learnings

• The process of evaluating and financing the first property.

• The importance of networking in finding real estate deals.

• Learning from initial mistakes and the value of persistence.

Building a Real Estate Portfolio [00:10:01 – 00:15:00]

• Strategies for scaling up the real estate portfolio.

• The role of relationships in acquiring new properties

 [00:15:01 – 00:20:00]Managing Risks and Opportunities

• Navigating the complexities of property ownership and finance.

• The impact of external factors like interest rates on investment strategies.

• Balancing risks and rewards in real estate investment.

The Power of Integrity in Real Estate [00:20:01 – 00:25:00]

• Upholding integrity and ethical standards in business dealings.

• Building a reputation in the real estate community.

• Fostering beneficial relationships within the industry.

[00:25:01 – 00:30:00] Diversifying into Property Management 

• The transition from investor to property manager.

• Challenges and rewards of providing property management services.

• The importance of customer service and relationship management in property 

Management.

Book recommendation: Rich Dad Poor Dad

Who inspires Jon Paul?:  Jon’s father.

Key Quotes:

“The only real way to get stability is to get an asset that isn’t going to fluctuate depending on politics or change depending on what the market’s doing.” – Jon Paul Kessinger

“I was more scared of if I didn’t take action. What the next 10 years of my life would look like.” – Jon Paul Kessinger

Connect with Jon Paul

Cellphone number: 304 931 26 32

Apply to Invest with Taylor at www.investwithtaylor.com

Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com

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