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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
Agent Advice
5 Real Estate Marketing Ideas For 2020
The new year is finally here, and with it, a bevvy of new opportunities to explore in the real estate business. The world of real estate is constantly changing and evolving, and a good realtor needs to constantly keep themselves updated on new marketing strategies for real estate agents. With that in mind, we’ve put together this list of ...
Homebuyer Tips
Pros And Cons Of Living In Boca Raton
There is a lot to be said for living in Boca Raton FL. Beautiful weather, beautiful beaches and beautiful houses are just a few of the many, many pros of living in this gorgeous city. But, just like any other city, there are a fair few downsides to living here. Housing prices are astronomical, and property crime rate is even higher than the national average. ...
Homebuyer Tips
Home Loans With 0 Down Payment
Mary V. has always adored the fairytales her mother used to read before going to bed. Since then, she had been dreaming of her own place to call home, which gradually became smaller and smaller. She left behind the gold-plated palaces and castles of her childhood memories, and now, in her early 20s, she would be more than happy to live in a small cozy one-story house ...
Homebuyer Tips
How Can You Improve Your Credit Score?
The almighty Credit Score: The banking industry revolves around it. Landlords demand it. And everybody is concerned about their three digits that reveal how well they are doing financially. The FICO® Score and the VantageScore are two systems that measure your creditworthiness. Both can be between 300 and 850. Of course, the higher, the better. Understanding credit ...
Homebuyer Tips
What does any real estate agent listed on RealEstateAgent.com appreciate more at homebuyers? Their flexibility and their openness when it comes to exploring the many different types of loans that are available for them. In this article, we will explain how USDA loans work. In fact, Section 502 Single-Family Rural Housing Loans can have two forms. The first one is the ...
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