hello from Atlanta, GA

[Danh Luong]

Hello Everyone,

My name is Danny Luong. I recently just got out of the Marines , now I am a firefighter for a department around Atlanta. I currently live up in Ellijay, Ga.

Beside being a homeowner , I really do not have much experiences in real estate. I have read lots of books about different styles of real estate investing but I just don't know which one would be the best for a beginner. I am really interested in passive income and I like the concept of tax deed sale.

I finally feel like its the time for me to act instead of just dreaming about it. I am very motivated and always willing to learn. I just need help in the right direction. If anyone have any tips or advice for me, I would greatly appreciate it. Thank you.

Happy New Year everyone!

[Jesse O.]

@Jeff Kehl - Really, avoid mountain vacation rentals? I think they can be more work, but I've heard of some GREAT results from them. I have a friend that owns a cabin that would pull maybe 1100 a month as a 'normal' renal, they vacation rental it cheap for $85 a night, and get pretty darn close to 100% a month, so $2,400 for 30 days, plus cleaning fees. Even at 50% occupancy they are still slightly ahead. What am I missing?

I am very curious on what you have seen, as I hoped to explore this avenue in the future - In areas where it is legal. Around florida you turn into a hotel quickly and many counties have ordinances against "short leases", mine included. I try and follow the rules....