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All Forum Posts by: Simon Collins

Simon Collins has started 1 posts and replied 98 times.

Post: Jacksonville Beach Area

Simon CollinsPosted
  • Rental Property Investor
  • Saint Augustine, FL
  • Posts 102
  • Votes 58

@Travis Watts I would love to connect and hear some of your experience with syndications.

Post: Cape San Blas Builder

Simon CollinsPosted
  • Rental Property Investor
  • Saint Augustine, FL
  • Posts 102
  • Votes 58

@Dan Slaughter

Nice

They have been there awhile and a well known name too.  Glad you didn’t go with one of the new folks that have moved to town to cash in on the construction business. One of the owners is from GA where I was born and my parents grew up.

My brother in law is the city manager of Port St Joe and he knows of the owners as they have served on several local boards/committees.


good luck. Please share some photos soon!  

Post: Cape San Blas Builder

Simon CollinsPosted
  • Rental Property Investor
  • Saint Augustine, FL
  • Posts 102
  • Votes 58
Originally posted by @Dan Slaughter:

Thanks Simon. I went down there last week and met with a few builders. One of them I found has built a couple of the STR's I've stayed in while on vacation and believe he will be my best choice.

What builder is that if you don’t mind sharing?  I grew up there until I moved for college years ago.  I know there are a lot of new builders that have popped up after the storm.

Post: Jobs and Opportunities That I Should Consider Applying to

Simon CollinsPosted
  • Rental Property Investor
  • Saint Augustine, FL
  • Posts 102
  • Votes 58

Edit:

Sorry I thought it said you had your accounting degree.....


Go look on the career page for Regency Centers Corporation if anything interesting is posted.  I know we just posted a Property Accounting Manger position yesterday.  I assume someone internal might move up and take that and have some property accounting positions open up after that if you are interested in that kind of stuff.

(Also look into the Accounting internship program they recently started last year I think)


good luck

Post: Cape San Blas Builder

Simon CollinsPosted
  • Rental Property Investor
  • Saint Augustine, FL
  • Posts 102
  • Votes 58

I grew up there

Windolf Construction does good work and my best friends parents own the company (pricey)

Been around my entire childhood.


I also have a very good friend who owns Crest Enterprises and that is his construction company.  I have another buddy that is an architect and they are wrapping up building a home next to my parents right now in Mexico Beach.

Post: House vs Condo Beach Rental STR

Simon CollinsPosted
  • Rental Property Investor
  • Saint Augustine, FL
  • Posts 102
  • Votes 58

@Tyler Hardy what private island if you don’t mind sharing ?  

I love that stuff!

Post: House vs Condo Beach Rental STR

Simon CollinsPosted
  • Rental Property Investor
  • Saint Augustine, FL
  • Posts 102
  • Votes 58

Being raised near Winmark in Port St Joe this has been “up and coming” since I was in high school and we are talking 18 years ago.

I was just there visiting my parents and I do see some more houses going in there and maybe the popularity from the hurricane has brought many investors but I still know what it is like there come August-Feb (ghost town) and that is why I personally haven’t owned anything (yet) back home for short term.

Now I could be wrong and the money is good enough to offset all the slow months.

Just giving my perspective as I would be more inclined to buy something in Panama or Destin where there might be more foot traffic if I had to pick between them.

Post: Florida STR Ban Update

Simon CollinsPosted
  • Rental Property Investor
  • Saint Augustine, FL
  • Posts 102
  • Votes 58
Originally posted by @Kathy Lindsay:

@AveryCarl,

I've been emailing the Governor and all of our local elected officials 3 times a week in protest of the continuing ban so I say that it is about time! All of our STR's are in Port St Joe (Gulf County) and we have had many requests for bookings in the past week. Since we are a driveable destination we will be able to recover quickly as long as the local officials cooperate. Let's get back to business!

Where are your rentals?

I grew up in Beacon Hill and went to high school in Port St Joe.

All my family is still there.

I’ll be heading home for Memorial Day weekend....it’s been too long

Post: When does someone who breaks in, become a tenant?

Simon CollinsPosted
  • Rental Property Investor
  • Saint Augustine, FL
  • Posts 102
  • Votes 58
Originally posted by @Account Closed:
Originally posted by @Mike Smith:
Originally posted by @Nathan Gesner:
 

I don't think this is correct. If I called the police and reported someone moved into my vacant rental and I just discovered it today, the police would go out to investigate. But if the individual inside the rental claims they are the legal resident, the cops can't remove the person because the Landlord may be lying. It has to go through the eviction process. This is why squatters are wreaking havoc around the country by occupying vacant properties.

Am I wrong? Are you able to forcibly remove someone from a home just because the Landlord tells you they're squatting? Are you allowed to enter the home and investigate to determine whether the occupant is legal or not?

I suppose that's possible, but very unlikely. People lie to us all the time, so we get fairly good at sorting out who is credible and who is not. Simply claiming the landlord is lying without any documentation to back it up is not going to get a squatter very far. If we're looking at a legitimate landlord-tenant disagreement it will be pretty obvious and we'll advise the parties they'll have to work it out in civil court. If a person starts squatting in a vacant property and they never had a right to be there, that will also become obvious pretty fast and we will remove them.

This is my flip in Phoenix. This is my flip in Phoenix with squatters. This is how it was dealt with in Phoenix. Yay Cops!!

Yes!!!!

Post: Is my CPA charging too much for filing Umbrella LLC?

Simon CollinsPosted
  • Rental Property Investor
  • Saint Augustine, FL
  • Posts 102
  • Votes 58

At $300/hr that’s only 15.5hours of work on  a “Essentially”a 9 property return.

I think that’s pretty decent.  

So about 2 full days of work.  Depending on how well your books were kept that could have taken double that long.

If you handed everything over to him in a nice little package, accounting and books were flawless and he just had to drop the numbers in the return and submit it then I would think there was a problem....but when I used to do taxes that was rarely the case.