Skip to Body

Blog Posts in Category: Residents

08/15/2023

Navigating the 2023 Housing Market Landscape: What’s to Come?

Navigating the 2023 Housing Market Landscape: What’s to Come?

2023 has been a challenging year for the housing market. With seemingly soaring interest rates, low inventory on the market, and an inflated market things have been difficult for both Buyers and Sellers alike. Even now as we step into the latter half of 2023, the housing market remains a dynamic arena with truly life changing opportunities. When coupled with the right team, possibilities are endless for everyone. To find those opportunities, let’s dive into what the months ahead could look like if you’re in the market to purchase or sell your home.   more...

06/19/2023

Your Preferred Property Management Group

Your Preferred Property Management Group

Advent Properties, Inc has been providing service beyond expectation to California Homeowners and Landlords since we were established in 2008. As we move into a shifting market, it’s important for us to continue expanding our ability to provide top notch services to all of those we continue to serve. Here are just seven reasons why we are your number one choice for Property Management:
1) Marketing Presence One of the number one keys to keeping your property constantly occupied with great tenants is our expansive Leasing and Marketing abilities. We keep our eye on the local rental market and make sure local renters keep their eye on your property. We implement videos, virtual staging, and flexible private touring from highly trained our highly trained leasing professionals. Allowing your property to be viewed as the number one choice in its neighborhood is why we consistently keep our properties occupied with great tenants.   more...

05/16/2023

Employee of the Month - Tyler Powell, Listing Agent

Employee of the Month - Tyler Powell, Listing Agent

For the month of May, Advent Properties is proud to support our very own Leasing Agent, Tyler Powell. Tyler has been with the company now for over 3 years and is our sole Leasing Agent working directly with our owners to keep their properties occupied with our amazing tenants. Thanks to Tyler, Advent has an average of 28-40 days on Market for our properties. Which is less than the 30-60 average days you usually expect in the Bay Area. We sat down with Tyler and asked him questions on why he has so much success:
How long have you been with Advent Properties? How did you get your start here Since October 2020. I was let go of my previous job due to covid in March of 2020. I spent months looking for not only just a job, but a job that would get me excited. When Benjamin and William decided to hire me and give me a chance, my career was truly changed forever.   more...

02/22/2022

Tenant protection bill is failing in California Legislature, again

Tenant protection bill is failing in California Legislature, again

Photo by Kimson Doan on Unsplash
Assembly Bill 854 would’ve curbed an owner’s ability to evict tenants using the Ellis Act in rent-controlled jurisdictions. Tenant advocates, racial equity groups, YIMBYs, and even some of their usual opponents wanted to see the bill pass. The cities of San Francisco and Los Angeles — which rarely see eye to eye on housing issues — as well as every Democrat on the Assembly Housing and Community Development Committee, signed on.   more...

01/28/2022

ATTOM Reports: Home Ownership Is More Affordable Than Renting!

ATTOM Reports: Home Ownership Is More Affordable Than Renting!

On January 6th, 2022, ATTOM released its 2022 Rental Affordability Report, which proves that owning a median-priced home is more affordable than average rents on a three-bedroom property in 666, or 58%, of the 1,154 U.S. counties analyzed in this report. That means major homeownership expenses consume a smaller portion of average local wages than renting.
That can be pretty hard to believe, considering how much the median price of homes skyrocketed since the start of the pandemic, but the data does not lie. Home prices have increased more than average rents and more than average wages in 88% of the counties analyzed.   more...

08/27/2021

A New Fannie Mae Rule Could Help Renters Qualify for Mortgages

A New Fannie Mae Rule Could Help Renters Qualify for Mortgages

Photo by RODNAE Productions via. Pexels.com
Would-be homebuyers with thin credit files will have a better chance of getting approved for a mortgage if they’ve been paying their rent consistently, thanks to changes to Fannie Mae’s automated underwriting system taking effect next month.   more...

07/29/2021

The Pros and Cons of Owning Multiple Rental Properties

The Pros and Cons of Owning Multiple Rental Properties

Being a rental property owner is something many strive for in their lives. Most of the time, financial advisors recommend owning a rental home is a great investment strategy in building wealth. But, “with great power comes great responsibility,” as you’ll always be required to adhere to the ever-changing local and statewide housing policies and laws. Owning multiple rental properties only ups the stakes, and as with anything else, there are plenty of pros and cons — but that’s where hiring a Property Management company plays a role; we’ll get into that throughout this article too.
Related: How to Hire a Property Manager (Webinar)   more...

07/15/2021

The Latest COVID-19 Tenant Relief Act Extension

The Latest COVID-19 Tenant Relief Act Extension

The California Apartment Association has published an array of compliance materials — including an Industry Insight document, an FAQ, and related forms — to help rental housing providers comply with AB 832, legislation signed into law earlier this month that extends the state’s COVID-19 eviction moratorium by three months.
The moratorium had been scheduled to expire with SB 91 on Wednesday, June 30th, 2021 but will remain in effect through September 30th, 2021. AB 832 also expands the existing State Rental Assistance Program to provide landlords with 100% of rent owed by qualifying residents. Compliance materials: The California Apartment Association has published an Industry Insight document and an FAQ to help rental housing providers comply with AB 832. If you are a CAA member, the Industry Insights are accessible for your viewing.   more...

03/10/2021

Everyday Tips to Curb "Zoom Gloom"

Everyday Tips to Curb "Zoom Gloom"

Photo by Andrea Piacquadio from Pexels
As people spend more time on their computers and mobile devices than ever before, many have experience tech fatigue. The concept has been around long before the pandemic outbreak, but it has become mainstream.   more...

02/23/2021

Golden State Stimulus package provides relief for small-businesses, low-income residents and more!

Golden State Stimulus package provides relief for small-businesses, low-income residents and more!

Photo by Vladimir Solomyani on Unsplash
Gov. Gavin Newsom signed a $7.6 billion coronavirus relief package into law on Tuesday, February 23rd. The relief package provides much-needed relief to the California small businesses and stimulus payments to low-income residents who may struggle with rent payments.   more...

01/30/2021

SB 91 provides $2.6 billion in federal funds for unpaid rent

SB 91 provides $2.6 billion in federal funds for unpaid rent

Gavin Newsom (CC BY-SA 4.0) by Gage Skidmore
Governor Gavin Newsom and the top two legislative leaders of California state have succeeded in passing SB 91. The legislation, SB 91, won overwhelming bipartisan approval Thursday in both houses of the Legislature. SB 91 replaces California’s COVID-19 Tenant Relief Act of 2020, or AB 3088, which expires this Sunday.   more...

01/29/2021

Living in a San Francisco Victorian is more affordable than it has been in years

Living in a San Francisco Victorian is more affordable than it has been in years

Photo by Tyler Shores from Pexels
Throughout the year, rent declines have been so substantial that the median two-bedroom apartment in the city is now renting for the median price of a one-bedroom a year ago.   more...

01/29/2021

Gov. Newsom urges swift distribution of federal rent relief

Gov. Newsom urges swift distribution of federal rent relief

Photo by Jorge Maya on Unsplash
On Wednesday, January 6th, 2021, Gov. Gavin Newsom pushed for the rapid distribution of $2.6 billion in federal rent relief headed to California from the latest COVID-19 economic stimulus package. Newsom’s office said the funds should help low-income Californians and small-scale landlords struggling financially from the pandemic.   more...

01/27/2021

How to move as safely as possible during the COVID-19 pandemic

How to move as safely as possible during the COVID-19 pandemic

Photo by Alex Mecl on Unsplash
When COVID-19 first hit, all plans inevitably were put on hold. As experts announced that it was safest to stay still, stay home. But months later, we’ve had to figure out how to move forward — safely. For some, that means physically moving.   more...

01/26/2021

New COVID Relief Bill Covers up to 80% of Unpaid Rent

New COVID Relief Bill Covers up to 80% of Unpaid Rent

Photo by Jorge Maya on Unsplash California plans to extend eviction protections through the end of June while using federal money to pay off up to 80% of unpaid rent owed by tenants. Gov. Gavin Newsom and the top two legislative leaders of California state announced Monday night.
The proposal, which must be approved by the state Legislature, would extend a state law scheduled to expire next Monday that prevents landlords from evicting tenants who could not pay their rent between March and August because of the coronavirus pandemic.   more...