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About Colin Prest
Colin is originally from the United Kingdom and came to the US in 1991 to attend the Florida Institute of Technology (F.I.T) to study a Bachelor Of Science degree in Applied Mathematics. Colin was awarded a full scholarship at F.I.T to represent the university in Soccer. Throughout his four year career, Colin won three Sunshine State Conference Championships, one NCAA Division II National Championship as well as a final 8 and final 4 participant. In 2008, Colin was inducted into the Florida Tech Hall of Fame.
Upon graduating, Colin went into the financial services sector and as a stockbroker developed and advised an international client base in equity investing and option trading through one of the most exciting bull markets of recent time.
In 2001, Colin was presented with the opportunity of working in the healthcare sector overseeing a multi-million dollar private placement financing however it was during his tenure here did the opportunity arise to start his real estate investment career. By 2003 he had become a full time real estate investor, purchasing single family homes, multi-unit properties, as well as foreclosures and fixer uppers.
Although his primary passion was higher end remodels, Colin identified a niche in the real estate market and became licensed as a real estate professional allowing him to share his knowledge of the wide range of investments available today.
Colin now offers his expertise to homebuyers as well as seasoned and novice investors.
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Real Estate Glossary Terms
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Excess Of Loss Reinsurance
Method whereby an insurer pays the amount of each claim for each risk up to a limit determined in advance and the reinsurer pays the amount of the claim above that limit up to a specific sum. For example, assume that an insurer issues automobile liability policies of $150,000 on any one risk and ret ...
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Extraterritoriality
Provision in workers compensation insurance under which an employee who incurs an injury in another state, and elects to come under the law of his home state, will retain coverage under the workers compensation policy. ...
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Jones Act (merchant Marine Act)
Federal law passed in 1920 that allows any seaman incurring bodily injury as the result of the performance of one or more functions of the job to bring a suit for damages against the employer. The employer's exposures under the act consist of negligence, unseaworthiness of the vessel, and disability ...
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Written Premiums
Total premiums generated from all policies written by an insurance company within a given period of time. ...
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Trip Transit Insurance
Coverage on a single shipment of property while in temporary storage or in transit. This policy is most commonly used in moving of household goods, which are covered from the time they are picked up, put in temporary storage, shipped to another location and put in temporary storage, and then deliver ...
Real Estate FAQ
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What Do I Need To Know About Universal Life Insurance?
Universal life insurance provides death benefits and income taxe-deferred savings to help you meet y ...
Real Estate Advice
Home Seller Tips
Social Distancing During The Home Buying/Selling Process
Being a homeowner after many years of moving from one rental to another is probably one of greatest accomplishments a person can feel. Also, during our lifetime we will be faced with the decision of selling our homes for various reasons. Maybe you want to move out to a more family-friendly place, or you want to be closer to your family and friends, maybe it’s the ...
Agent Advice
Agents: How To Sell A House During A Pandemic
The coronavirus outbreak dealt a massive blow to the economy. Many industries find themselves struggling during the pandemic because of the restrictions imposed by the government and authorities in order to contain the spread of the disease. With the current situation of the pandemic, many people fear to go outdoors while others are careless. We are also witnessing a ...
Homebuyer Tips
Minimum Credit Score In The USA For Home Loans
We all dream about the glorious day we move into our own home. After all the years, moving from one rental to another, the day has come when you can finally think about your own place. You have enough money for your down payment and with a good credit score, you are now able to get a home loan. The American dream of homeownership is now within your ...
Home Seller Tips
How To Sell A House In Orlando, Florida
The state of Florida also known as the “Sunshine State” is renowned worldwide for its touristic attractions. World-class beach experience, dining, and amusement parks are just some of the things people come for in Florida. With such an increasing number of people coming in the state the demand for housing has also increased over the years. With more people ...
Homebuyer Tips
Sustainably Refurnishing Your Home
Sustainability is a concept for the future and it is highly important that we understand it. If we are thinking of the future we have to think of both something that can be used for the long term and also something that doesn’t produce waste. A sustainable way of refurbishing your home is quite a tricky thing to embark on, but if we want to live in a clean ...
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