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All Forum Posts by: Eric Feng

Eric Feng has started 5 posts and replied 29 times.

Post: Monthly Northern Atlanta Real Estate Meet Up/Mastermind.

Eric FengPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 31
  • Votes 10

Looking forward to attending this month's meeting!

Post: A Real Estate Investor is born ($75K Profit on first deal)

Eric FengPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 31
  • Votes 10

Awesome work, John!
Wish I can see the property in person next time I go back to my home town.

Post: New member from Georgia

Eric FengPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 31
  • Votes 10

Welcome to BP @Takahito Torimoto

I agree with Paul to listen to the BiggerPockets Podcast, easy and fun to listen, and you learn so much more. I'm currently soaking up knowledge from the BP community while looking for my first property. If you're interested in attending the local REIA club meeting, let me know.

Post: Hello from Atlanta, GA

Eric FengPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 31
  • Votes 10

@Tim Johnson Washlet is always a fun product to talk about. Although, working for a bathroom company, toilet humor is all we talk about.

@Dave 

@Dave Visaya Thank you, David. Glad to have found this community!

Product Manager Position! I wish I live in Denver!

Post: Hello from Atlanta, GA

Eric FengPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 31
  • Votes 10

Newbie in Real Estate Investing. Been listening to the BP podcast for a while and looking forward to learn even more on the BP forum. I work full-time at TOTO, the Japanese plumbing and fixture manufacturer known for their reliable toilets and state-of-the-art Washlets.

If you have any questions on Washlets or thinking about putting in one for your high-end rehabs or projects, feel free to contact me any time. I'd be happy to help.

Don't know what a Washlet is? Here are some fun reads.

http://www.nytimes.com/2015/04/30/technology/perso...

https://www.youtube.com/watch?v=s0tCO4NdKeU

Post: Where do you keep cash reserves?

Eric FengPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 31
  • Votes 10

I agree with @Arnell Enriquez, dividing the reserve into three categories.

This is how I allocate my investment.

Short-term (next 1-6 months): High-yield saving - Ally Saving account - currently 1% interest

Medium (Next 6-24): Betterment, peer-to-peer lending (i.e. Lending Club)

Long-term (2-4 years): I tend to like ETFs better than stocks, because of diversification and can be traded daily like stocks. You can also look into stocks or ETFs that produces high dividend.

Post: Recommended home inspector

Eric FengPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 31
  • Votes 10

Thanks for the recommendations, @Maxwell Hunter@Marvin McTaw .

Post: Recommended home inspector

Eric FengPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 31
  • Votes 10
Does any now know a good home inspector near the Atlanta area? The house to be inspected will be in Morrow. Thanks in advance.

Post: How we made $5000 on two weekends i.e. 4 nights on a $135k condo!

Eric FengPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 31
  • Votes 10

Wow! This is awesome! Congratulations.