What made Laura and Paul Kirshbom pivot from traditional investments to private real estate—and why do they believe it’s the key to their financial future?
In this episode of the Investing with Purpose podcast, hosts Steven Libman, Laura, and Paul Kirshbom share their journey from traditional investing to private real estate, highlighting lessons learned and the values driving their decisions. They discuss the importance of tenant relationships, mentorship, transparency, and generational wealth planning in building a successful portfolio. The episode wraps up with rapid-fire questions on legacy, future aspirations, and their vision for long-term financial growth.
Key Takeaways
Laura and Paul transitioned from traditional investing to real estate for diversification.
Their first real estate investment was a learning experience filled with mistakes.
Core family values guide their investment decisions and financial education for their children.
Transparency and trust are vital in choosing investment partners.
They believe in giving back and thinking of others in their investment strategies.
Setting children up for success involves teaching them about financial responsibility.
Creating a legacy involves planning for future generations and their financial education.
Keywords
Investing, real estate, alternative investments, family values, mentorship, generational wealth, transparency, tenant relationships, financial education, community
Chapters
00:00 Introduction to Laura and Paul Kirshbom
02:04 Background and Career Paths
03:16 Transitioning to Real Estate Investing
05:55 Lessons from Early Investment Mistakes
08:13 Core Values and Family Investments
10:09 Choosing Principles Over Profit
11:52 Managing Properties and Tenant Relationships
12:59 Advice for New Real Estate Investors
15:14 Mentorship and Community in Investing
17:39 The Importance of Transparency in Investment
20:12 Community-Centric Investment Strategies
22:34 Investing with Purpose: A Holistic Approach
25:17 Legacy Wealth and Generational Planning
29:26 Learning from Investment Mistakes
35:56 Dream Investments and Future Aspirations
About Laura and Paul Kirshbom
Laura and Paul Kirshbom, a retired pediatric cardiac surgeon and a former PA in cardiac surgery, turned to real estate investing as a way to build generational wealth and create a lasting impact. Since 2019, they have managed single-family properties and, in 2021, joined Integrity Holdings Group, where they found a like-minded community focused on purposeful investing.
Beyond real estate, they are deeply committed to service—Laura volunteers with hospice patients alongside her therapy dog, Lily, and they are developing their 50-acre farm in Waynesville, NC. With a focus on transparency, mentorship, and legacy-building, they continue to invest with purpose, helping others create meaningful financial and personal impact.
Connect with Laura and Paul
CHERRYTREEGROUP001@GMAIL.COM
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