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Richard Dwayne Blair is a successful entrepreneur. After graduating from college, he founded his own independent firm, Wealth Solutions. His aim was to provide objectives and unbiased advice to his clients without any conflict of interest. Richard Blair has vast experience in retirement planning, and he helps clients bridge the gap between planning for a living and retiring. He is an expert on matters involving tax and planning, securities, integrated financial planning, asset protection, employee benefits and insurance.

His company, Wealth Solutions, is located in Austin, Texas. The company mainly offers business consultations, research, financial planning, accounting, information on funds, and management services. The company is estimated to generate $401,861 in annual revenues and employs four people at a single location. Richard Blair has over $55 million in assets under management.

Renting part of your house or the entire house on Airbnb sounds like an easy way to make money. Many people rent houses to host their relatives or friends who have traveled from far. Even though renting your home might seem like a good idea, costly and unfortunate events might occur in your house. The temporary renters may damage your house, and insurance may not be able to cover. Some of the damages may end up costing more in repair than the initial cost of renting the house.

When planning to rent your house through Airbnb, you should consider some factors. One of the major factors to consider is risks. You should understand that there are risks involved when you are planning to rent you house. It is wise to remember that you will be potentially liable for injuries to your guests, damages to you or your neighbor’s property, illegal activities, lawsuits filed against them, or even theft. Another risk is the refusal of the tenant to pay.

The second factor is insurance coverage. As the owner, you should know that short-term rentals are not included in most homeowners’ insurance policies. Therefore, you will be personally responsible for any expenses incurred by your guests. The last factor is protection. Secondary coverage is the type of protection issued by Airbnb and many others similar services.

After considering those factors, and still decide on renting your house, you are recommended to consult a wealth and investment specialist or an insurance professional. Richard Dwayne Blair takes people through their options. He and his company also offers advice depending on your situation.

Learn  more:

https://datafox.com/wealth-solutions

http://www.wealthsolutionsria.com/blog

Wealth Solutions is firm that offers investment advisory services to individuals seeking retirement. The company is based in Austin, Texas and was founded by Richard Blair in the year 1994. The firm dedicates its time to offer financial services and pieces of advice to families and individuals seeking to retire and make wise use of their money when retirement takes effect.

The firm works with families and people in particular towns such as Marble Falls, Houston, Bastrop, Georgetown and New Braunfels. The solutions offered by Wealth Solutions are efficient and very beneficial. The retirement investment solutions provided by Wealth Solutions help individuals escape the numerous challenges and difficulties that come with retirement.

The firm takes into account the conservative nature of retirees and as such the solutions are tailored to meet the tastes and preferences of its clients. The strategies offered by Wealth Solutions ensure that its customers can have income and money to sustain them all through.

The company has vast experience in financial planning and coming up with sound investment solutions. Client confidentiality is one of the main pillars of Wealth Solutions. There is customers’ privacy with regards to their wealth status and information that they supply to Wealth Solutions. The clients’ information are collected and kept by specific individuals in the firm.

Richard Blair, the founder of Wealth Solutions, has vast experience in the financial services world. He is passionate about education and openly advocates for the promotion of education and the need for each child to attend school and learn. Richard Blair decided to help families and individuals in their investment plans. He joined the financial world in the year 1993 and has now carved out a name for himself in the industry. His knowledge and experience have enabled him to offer the best strategies when it comes to retirement. He works closely with his clients to ensure that they get what they want and live comfortably during retirement. His 20 years’ experience has been instrumental in the smooth operation and running of his firm, Wealth Solutions. https://www.wealthminder.com/financial-advisors/TX/bee-cave/richard-blair/326407

Richard attributes his desire to see that people educated and love for education to his grandmother and mother who were once school teachers and his wife who is also a teacher. Richard Blair offers much-unbiased investment advice and financial strategies. He successfully built a vast and influential client base that has made him be sought after when it comes to providing retirement solutions and planning. https://www.brightscope.com/financial-planning/advisor/218993/Richard-Dwayne-Blair/