According to Wealth Solutions, an Investment Advisory firm that was established by Richard Blair, renting your house on Airbnb is not as lucrative as many people may think. This kind of arrangement may get you the easy and quick cash you want, but is it worth the risk? To begin with, you—the tenant will be fully liable for any damage and injuries that may be cause by your guests to your neighbors. Again most insurance firms today do not cover for such short-term rentals. This being the case, you may need to think twice before deciding to rent your house to travelers. Wealth Solutions firm is dedicated to offering tailor-made investment advice to its clients, with regards to such matters.
The Man Behind The Firm
Based in Austin, Texas, the Wealth Solutions Investment Advisory Company was founded by Richard Blair. At the time of its formation, Blair had one main objective for the firm; his objective for the firm was to make individuals, small business owners and families prosper financially. Currently, Wealth Solutions is a popular firm that offers wealth management solutions through a wide range of financial products and services.
As a young adult, Blair had a passion for education. Some of his relatives, including his mother, wife and grandmother, were teaches. As such Blair had the opportunity to witness how teaching could improve one’s confidence and knowledge. He came to realize that combining this teaching ability with finance could be very beneficial to individuals as well as business owners, with regards to their investments and financial planning. In 1993, Blair decided to venture into the financial services industry and later founded the Wealth Services firm in 1994.
Blair’s Financial Specialties
Richard Blair is currently one of the well renowned financial advisers in the industry with specialties in such areas as:
• Estate and Trust
• Retirement income
In addition to his more than 20 years of experience in the business, Blair is a certified annuity specialist, fund specialist estate and trust specialist, tax specialist, retirement income and retirement income.
Throughout the years he has been in the business, Blair has managed to hone his expertise and knowledge in the industry. As such, he is qualified and certified to offer advice; hence help his clients make informed financial decisions, such as bridging the gap between planning for and living after retirement. Blair is a family man and loves spending time with Joanne, his wife, and their three kids. He also likes playing golf, bike riding, family vacations and exercising.