Paul wants you to own your own property if you are a business owner! It's great for your balance sheet, and helps you avoid rent increases! Plus, did you know that if you are occupying part of your property for your own business, you might be able to buy real estate with a very affordable/low-to-no money down commercial loan.
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AI show notes:
In this insightful episode of the Dear Business Coach podcast, host Elizabeth Walker sits down with Paul Neal, a seasoned entrepreneur and real estate finance expert from Chesapeake, VA. Paul, representing Vantage Point Commercial Capital and ownyourbuildingnow.com, shares his wealth of knowledge on a critical decision many business owners overlook: purchasing their own commercial property.
Paul discusses the long-term financial benefits of owning versus leasing, debunking common myths about the difficulties of property ownership. He explains how owning your business premises can strengthen your balance sheet, provide stability, and even become a valuable asset for retirement or future business opportunities.
Listeners will learn:
- The ideal timing for considering property purchase
- How to finance a commercial property with as little as 5-10% down
- The potential risks and how to mitigate them
- Real-life success stories from business owners who made the leap
Whether you're a small business owner, professional, or growing enterprise, this episode offers valuable insights into an often-overlooked aspect of business growth and wealth building. Don't miss Paul's practical advice on assessing your readiness for property ownership and the steps to take if you decide it's right for you.
Visit ownyourbuildingnow.com for a free copy of Paul's book and to schedule a strategy session to explore if owning your business property is the right move for you.
