Category: Financial Guru

Richard Blair’s Success With Wealth Solutions

Renting part of or the entire house to travelers temporarily on Airbnb has become a popular way of making easy money. Most people fail to consider the possible occurrence of unexpected problems such as damages that the homeowners insurance may not cover. This situation causes most people to report losses that are caused by the tenants. Some factors to consider before renting out your home are risks, insurance coverage and protection. When you take in guests, it makes you responsible for risks such as injuries, theft, and damage to property including neighbors as well as lawsuits for their illegal activities. Most homeowners’ insurance policies do not cover temporary rentals. In addition, the protection covered by Airbnb is secondary, thus hard to follow up.

It is highly recommended that one should speak to a wealth insurance expert before making a decision of taking in a temporary tenant. Richard Blair Wealth Solutions is here to offer you with a variety of services to boost your wealth. With an experience spanning over 20 years, Richard Blair is highly knowledgeable on matters of wealth insurance. You can trust him to review your options and provide sound advice that is suitable for your situation.

Richard Blair founded Wealth Solutions. The investment advisory firm focuses on financial planning and wealth management services. It also offers advice and information on funds for high net worth clients. With over $55 million assets under its management, the company specializes in diverse areas that include insurance, employee benefits, asset protection, estate tax and planning, securities and integrated financial planning. In his career, he has worked with diverse companies such as Blair Insurance Group LLC, Crownbridge Wealth LLC, United Global Securities, Wealth Solutions, Inc., and Worldwide Ventures.

Richard Blair Wealth Solutions partners with clients to ensure that they are provided with excellent services. These services includes 24/7 access to investment options, trusted and professional financial advice, unique investing goals and excellent security measures. Wealth Solutions also offers retirement planning services. They help you through all stages of retirement besides identifying opportunities that would create wealth. Due to Richard Blair’s vast knowledge in market trends, he helps clients evaluate their assets and liabilities and establish goals besides working with them towards achieving their goals. This information was originally mentioned on Hackronym as outlined in the following link http://hackronym.com/wealth-solutions-insurance-and-other-considerations-when-renting-on-airbnb/

Richard Dwayne Blair
Richard Dwayne Blair is a financial advisor, Annuity Specialist, a certified Fund Specialist, Estate and Trust Specialist, and a Certified Income specialist. He graduated with a Bachelor’s Degree in Finance from the University of Houston. He has over 22 years experience in financial industry. With a passion for accomplishing financial goals, Richard Blair started up his own company, Wealth Solutions. This information was originally published on Linked In as explained in this link https://www.linkedin.com/in/richard-blair-bb6772108

A Mobile Calculator App For Real Estate Business

According to a new release from PRNewswire, Venezuelan-American entrepreneur David Osio has now brought his Davos Financial Group’s real estate business clients a new development. This development is a mobile investment return calculator called the “Davos CAP Calculator”. The goal of this tool is to give clients like commercial property buyers and real estate developers, an idea of what the property investment returns will look like over time, taking into account all the expenses associated with the investment. The Davos Real Estate Group has been advising affluent clients for many years, but recently have implemented technological developments like the CAP calculator and a mortgage calculator soon to come, and new sales volumes for this company have been estimated at a 75% increase through the first half of 2016.

David Osio has been an influential businessman in the financial sectors of the US, and throughout the Latin American community. Osio grew up and was educated in Venezeula, where he studied business and banking law at the University Andres Bello. He held his first executive position with OPED Enterprise, a Venezeulan coffee export company, followed by serving with a few others. He first got into banking law with the MGO law firm in 1984, laying the groundwork for future positions with Banco Latino International and its Banking Commercial subsidiary.

But not long after relocating to the US, Osio decided to startup his own financial advising company, the Davos Financial Group. This company is comprised of multiple independent boutique investment firms. The Davos Financial Group works closely with major international investment banks and is able to facilitate major deals with clients that uphold local and international banking regulations. The Davos Financial Group has offices reaching across the globe in New York City, Geneva, Lisbon, Panama City and Miami and branch services include wealth management, financial consulting and real estate advising.

Osio has become a widely recognized important figure, and in 2012 he was honored along with a few other notable Venezeulans, at a US congressional award ceremony with the Medal of Merit for his outstanding financial work. He’s also won the Business Leader of the State of Florida 2009 award. Osio is also a philanthropist who’s given back to the Miami Community supporting fine arts endeavors such as the Miami Symphony Orchestra, and the Children’s Orthopedic Foundation.

Check out his website and Twitter

Richard Blair And Insurance Issues To Look At Before Renting On AIRBNB

Often, many people opt to rent part or their whole houses on Airbnb as a way of making easy and quick money. By hosting travelers, home owners can get the money they require to pay for their homes within a short time. However, recent incidents have indicated that unexpected problems can also crop up. Temporary renters can cause damage that is not covered by homeowner insurance. As a result, the amateur hoteliers can be left with financial and legal issues they did not anticipate. Addressing these issues end up costing more than the cash made from renting out a home.

There are multiple issues to consider before renting your property through organizations like Airbnb. The major issues include risks, protection, and insurance coverage. Having tenants comes with many risks. As the owner of the property, you are liable for injuries to the guests as well as any damage to your property. Additionally, you face potential lawsuits if they engage in legal activities including theft. Some of the tenants may refuse to pay for the services which can lead to losses.

The type of protection provided by Airbnb is not primary coverage. It comes in once you have depleted your resources. Additionally, the homeowner’s insurance policy does not cover the short-term rentals. For this reason, you are solely responsible for the expenses incurred by the guests you accommodate. It is recommended that you have a look at these risks before you decide whether you still want immediate guests. In addition, it is essential to talk a certified insurance expert or a wealth manager. Wealth Solutions’ Richard Blair is one such professional.

About Richard Blair
Richard Blair is a Registered Financial Advisor. He is the proprietor of Wealth Solutions that is found in Dallas, Texas. Richard formed the firm in 1994 with the intention of making a positive change in the lives of people including small business owners. He has over 23 years of experience in the financial sector. Due to his natural talent in finance, he realized that he had the potential to help people make sound financial plans as well as investments. Richard joined the financial industry immediately after graduating in 1993. Throughout the years, he has perfected his knowledge of retirement planning. From his experience, he has focused on assisting his clients to bridge the gap between preparing themselves for retirement and living in retirement. Richard is a Certified Annuity Specialist, Certified Fund Specialist, and a Retirement Income Certified Professional.

Learn more: https://angel.co/richard-blair