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All Forum Posts by: James Colgan

James Colgan has started 24 posts and replied 71 times.

Post: Short Term AirBnb Analysis Charleston 29403

James Colgan
Posted
  • Real Estate Agent
  • North NJ
  • Posts 76
  • Votes 16
Quote from @Fiza Ah:

There is a very small zone for legal STRs that are not owner occupied. Google "charleston STR map". It'll give you what you need

I operate an Airbnb near downtown.  Happy to answer any specific questions 

Hey, I'm starting my journey of Airbnb and looking in Charleston area and surrounding beach areas..would love some info..thanks

Post: Best short term rental beach destination

James Colgan
Posted
  • Real Estate Agent
  • North NJ
  • Posts 76
  • Votes 16
Originally posted by @Mike Shemp:

We have an STR in the Outer Banks. Many towns make up the Outer Banks, and each one has its own vibe. You might want to check that area.

Mike

Mike, 

I'm vaguely familiar with OBX as I have not been there in quite some time..what towns are you in? Did you go with a condo/townhome or SFR route?

Post: How do you convince a landlord to AirBnB their property?

James Colgan
Posted
  • Real Estate Agent
  • North NJ
  • Posts 76
  • Votes 16

Following..

Post: Airbnb Insurance Options

James Colgan
Posted
  • Real Estate Agent
  • North NJ
  • Posts 76
  • Votes 16

Hey All,

Looking to get an Airbnb property and was wondering who everyone uses for insurance?

Thanks

Post: Sunny Isles FL LTR/STR…looking for advice and info

James Colgan
Posted
  • Real Estate Agent
  • North NJ
  • Posts 76
  • Votes 16

Hey All,

Have an opportunity to take a nice 1 bd 1.5 condo off my in-laws hands in Sunny Isles. Was looking to see if anyone out there is investing here and seeing where you're having success (STR/LTR)? Location is Marbella Tower.

TIA!

Post: Sunny Isle STR - Looking for advice and info!

James Colgan
Posted
  • Real Estate Agent
  • North NJ
  • Posts 76
  • Votes 16

Hey All, 

Looking at possible STR condo in Sunny Isle (Marbella Tower). Looking to get as much info as possible about area, building, etc. Community STR friendly? Area STR friendly? Pretty busy all year around? Other activities to do aside from beach? Would love to hear if anyone has personal experience in area and this building.

TIA 

Post: Best option to finance??

James Colgan
Posted
  • Real Estate Agent
  • North NJ
  • Posts 76
  • Votes 16
Originally posted by @Michael Quarles:

Have you confirmed that they haven’t trusted or willed it to you already?  

And if not it’s a installment sale.  I wouldn’t entertain a lease. 

Don't think it's willed to anyone but will check on that. Was leaning towards the seller financing  

Post: Best option to finance??

James Colgan
Posted
  • Real Estate Agent
  • North NJ
  • Posts 76
  • Votes 16

Hey All, 

Have an opportunity to get my in-laws condo in Florida which they own outright. I just bought a home this past fall so I don't have enough just yet for a regular downpayment and traditional mortgage. Was thinking about either seller financing or lease w/ option buy. Also open to any and all other ideas. Any help is appreciated! 

Thanks 

Jimmy

Post: Newark, NJ

James Colgan
Posted
  • Real Estate Agent
  • North NJ
  • Posts 76
  • Votes 16

@Anthony Marin

Anthony was wondering if there are certain streets that start the areas where you invest in Newark? Ex. Where street does ironbound section start and finish.

Thanks!

Post: 1/28 Lease Options: Add another tool to your investing tool belt

James Colgan
Posted
  • Real Estate Agent
  • North NJ
  • Posts 76
  • Votes 16

@Tom Dagney def interested. Wondering if the lease-option info is specific to NJ/PA or can be applied country wide. Have potential investment in FLA