For people who have heard of Airbnb, renting part of or renting their entire house appears to be a quick and easy way to make some extra money. It can even be seen as an easy way to help pay for the mortgage. But there can also be some problems too. While the track record of Airbnb has been good there are some things you may want to consider before jumping in with both feet. One obvious thing you need to check is your insurance coverage. Call your company up and tell them what you are planning to do and remember, you have two choices with Airbnb you can use them as a resource for a residence when you travel or you can register with them as a host. As a host, you are renting your home out to other travelers. If that is what you are planning on please check with your homeowner’s carrier and ask them what is and isn’t covered for issues that involve your property, your home and any people renting part of or all of your house. Also, it’s a good idea to check with Airbnb on their coverage, which they offer to people who are hosts. http://hackronym.com/wealth-solutions-insurance-and-other-considerations-when-renting-on-airbnb/
After you have considered all the issues we highly recommend that you contact Richard Dwayne Blair of Wealth Solutions Inc. in Austin, Texas. Richard is a qualified insurance professional in addition to being a registered investment adviser, asset protection specialist and a certified financial planner. Through companies like United Global Securities, Worldwide Ventures Gp LLC, Blair Insurance Group LLC, Crownbtidge Wealth LLC, and Wealth Solutions Inc. Richard has helped many people attain their investment goals. He has also been in business for over 22 years and has over 55 Million dollars in assets under management
Reaching your personal financial goals is always the key objective to any financial planning process. Before this can be done, however, a competent planner must do in-depth research to get a complete picture of your present financial state before he can create and present to you his recommendations for a professional investment portfolio. This is important because you need to understand not only where you are financially but what you need to happen financially to accurately project what your financial assets will look like in the future. This is what Richard Dwayne Blair and his recommendations and even Airbnb can do for you.
Mr. Blair’s complete commitment to finances and investment planning have continually compelled him to constantly educate himself and beware of the latest trends and techniques offered withing the financial industry. This interest is what drove him to enter the financial services business after graduating from college. It is also the reason why he created his company Wealth Solutions in 1994.