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All Forum Posts by: Madhavan Thiyagarajan

Madhavan Thiyagarajan has started 3 posts and replied 5 times.

Trying to replace the aged heating furnace in my property. Since the property is in California i need a low NOX system. My contractor offered three types Lennox, Goodman and Trane systems. All 3 options with 5 Ton single stage 80% efficiency. Pricing is same for all three brands. I was told by the contractor that Goodman may be a better choice than other two. Any tips or advise? 

Any recommendation for a cost effective single family home landlord insurance which would cover mechanical/electrical break downs of appliance too? The property may be located in and around Phoenix AZ.

@Melanie Johnston - thanks a ton!!! You have provided valuable insights with your listings. Looks like its a renters heaven here. They have a wide range of inventory choice with nice upgrades to choose from. Recently built property in right location with great upgrades are going for top dollars. So bottomline is either pay upfront and keep your rental property in top notch shape or settle down for low rental figures. I would like to team up with a local realtor who can help me in purchasing the property as well as maintaining it as well. Melanie would you be interested in it? If not can you please recommend somebody who is interested in doing it. 

Thank you @Melanie Johnston for your response. Good to know Goodyear also has potential. I am going to invest in these properties mainly for cash flow and passive income. Whether the Fair Market Rent values listed in www.huduser.gov portal would be closer to reality for most of the properties within Maricopa County. The portal lists  $1,676 as rent for 3 bedrooms and $1,916 for 4 bedrooms. Can i use these rental numbers to derive cash flow for the properties in Chandler/Gilbert/Goodyear? 

I live in South California and planning to buy some single family homes in Phoenix AZ particularly around Gilbert, Chandler, Oro valley for renting out. How is the rental market potential in those areas for 3 or 4 bedroom houses built after 2000. Any local realtors or investors advise much appreciated. My budget range for the properties would be 200k - 280k preferably built after 2000.