James Dondero is a very contributory man in the city of Dallas, Texas. Currently, he holds the position as the President of Highland Capital Management. He is also the cofounder of the company. Highland Capital Management is one of the largest investment firms in the country and manages tons of money. Read more about James at Crunchbase. While working an obviously hectic job, Dondero has put in a lot of time and effort to benefit the city of Dallas. He loves giving back to the community and has done a lot of things to make sure that he does so. One of his main focuses was on the Dallas zoo. The zoo was facing issues and Dondero decided to take matters into his own hands. One example was a million dollar donation to the zoo that he gave in an effort to reopen one of the exhibits that closed. He has also made donations to other businesses in the city of Dallas including the Museum of Natural Science and the George W. Bush Presidential Library. Learn more about James Dondero at Affiliate Dork. Donating money is an amazing thing to do, however James Dondero goes above and beyond that. He hosts events that bring people in the community together. One example was a Mother’s Day event at the zoo which helped to raise money for those in need. James Dondero loves giving back to the city of Dallas. He wants to benefit the local groups and assist as many lives as he can. While he spends a great deal of time doing charitable gestures, he also has an important job. Before founding Highland Capital Management, he earned two Bachelor of Science degrees at the University of Virginia’s McIntire School of Commerce. After that, he worked at JPMorgan Chase & Co. and began to learn how the industry works. Today, he manages billions of dollars.
For the first time in a long time, Warren Buffett is observed in a positive way by the media. This observance is because he has helped many investors aim at the right financial target in recent months. Warren Buffet warned investors to leave the big financial market and focus on the small growing market. Statistics show that many millionaire investors did not listen to Warren Buffett. On the other hand, many new investors did listen to Warren Buffet. The new future of these new investors seems to look more profitable than the future for the millionaire investors.
Timothy Armour, the chairman of Capital Group, cheered on Warren Buffett’s claim since he made is several months ago. This caused many investors to listen to Warren Buffett because Timothy Armour has a strong and positive presence in the financial world. Timothy graduated top of his class from Middlebury College. While studying economics in this Los Angeles-based college, Capital Group received word that Timothy Armour was the next genius investor.
Capital Group decided to hire Timothy Armour right out of college. Timothy became the chief analyst for all the companies’ investments and their clients’ investments. Capital Group was on the rise from that point on. It is now the leading investment firm in the Financial World.
In addition to graduating at the top of his class, Timothy Armour attended countless seminars that instructed new investors how to plan their future investments. Today, Timothy Armour gives his own seminars on investing throughout the United States and the world.
Richard Dwayne Blair of Wealth Solutions can help homeowners who are considering renting out their homes through Airbnb or other short-term rental situations.
Based in Austin Texas and owned entirely by Blair, Wealth Solutions offers insurance advisory services and financial planning. He can also help with insurance questions.
Using Airbnb to rent out your house while you are temporarily away from it can certainly worth well. A person or family gets too enjoy an actual house with amenities instead of staying cooped up in a cramped, unfriendly anonymous hotel room.
You are probably on a vacation or business trip of your own, and spending more money than you normally would, so having that short-term rental income helps pay for your trip. If you rent out part of your house while you’re still in it, you receive significant income in return that can help you pay off bills. It’s very traditional. Through history, many people have earned extra money by taking in boarders.
When it works out well, as most of the transactions do, both parties win.
However, it doesn’t always work out well. There are risks. The tenants may damage your property, and your insurance won’t cover the costs. If they suffer an injury, you may be liable. You may be liable if they hurt your neighbors, or steal or damage their property.
In some jurisdictions, if your short-term paid guests commit drug-related felonies, local law enforcement has the right to seize your house.
Some tenants refuse to pay their rent.
Most homeowners insurance does not cover short-term rentals, making you liable for whatever the tenants do. Airbnb has insurance, but it’s secondary coverage. That means it’s not effective until you run out of your own insurance coverage.
You may still decide the return is worth the risk. If so, Blair advises you consult a qualified insurance expert or wealth planner before listing your house on Airbnb.
Wealth Solutions is a Registered Investment Advisory Firm or RIAF. Blair is a registered financial advisor with over 20 years of experience helping people prepare for an abundant, worry-free retirement.
Blair graduated from the University of Houston with a Bachelor’s degree in Finance and Financial Management Services. He established Wealth Solutions in 2012. He has also worked for United Global Securities, Blair Insurance Group, Worldwide Ventures and Crownbridge Wealth. He currently has over $55 million in assets under management. He’s an expert in employee benefits, insurance, asset protection, estate taxes and planning, securities and integrated financial planning.