Go for it I would tell them, but mine doesn't have dog **** on the floor, mine is freshly painted, has a garage door opener, SOLAR SCREENS ON WINDOWS, HIGH EFFICIENCY A/C, EXTRA INSULATION IN THE ATTIC, so you will probably pay $50/month less for utilities in my place.Remember, THIS IS A BUSINESS.

Prices do look a bit high when you put it into perspective, don't they?

I have no perspective on pricing in CA, but from everything else in your post, this is sounding like a good deal to go after.

Rise,Doesn't sound like your overdoing from a neighborhood comp perspective.

My personal opinion is to keep everything in perspective.

Then again I'm looking at it from a rehabbing perspective and there are only certain neighborhoods where it is easy for me to market the property once I'm done with the rehab.

For some perspective, live outside the country for awhile.

To put it in perspective if you bought 5 rental houses in Cupertino CA,, Palo Alto , Los Altos Menlo Park or any other SF peninsula town including the City itself.

@Matt LefebvreIf you look at successful real estate investors most of them did not study real estate so I think you need to look at it from a different perspective.

It makes sense, as the article was pointing out, that foreign investors are "parking" their money here in Vancouver, since it is relatively "cheap" for them to do so and it is a safe haven from their perspective.