In this week’s episode of the Titans of Food Service podcast, Nick Portillo speaks with Paul Neal, CEO of Vantage Point Commercial Capital and a real estate finance expert who's carved a niche in helping business owners secure their financial future through property ownership. Paul shares his wisdom on how owning your building can significantly propel wealth creation, tax advantages, and operational control for food service industry professionals and beyond. Paul also talks about the myriad benefits of transitioning from a tenant to a property owner. Listen this week as Nick and Paul discuss the tangible impact of smart property investments on business growth and personal wealth.

Quotes

• "We focus on helping owners acquire the physical property that they operate out of because it adds so many advantages to their long-term strategy, long-term goals, again, of wealth creation. Freedom, because most business owners go into business because they want to control. They want independence. I call it freedom. Do what you want to do when you want to do it with who you want to do it, where you want to do it, right." -Paul Neal [06:07]

• "We as entrepreneurs need to own things, real estate for our families and our communities. And we're the ones that employ people, and we're the ones that, it's our values that get down to our family and our community." -Paul Neal [28:26]

TIMESTAMPS

(00:34) Fiery Five Food Service questions

(07:00) Generating wealth from owning a physical property

(11:30) Being in control of your company’s geographical area

(18:05) Taking advantage of cost segregation study to accelerate depreciation

(25:42) Investors reinvesting gains from selling a business into income producing property

(27:04) Paul’s book and the differences between residential and commercial real estate

(28:59) Paul’s Podcast: The Brick and Mortar Money Show

RESOURCES

Portillo Sales

Paul Neal’s Book

CONTACT 

Nick: nick.portillo@portillosales.com