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Onboard Meet-up checklist | GPS Renting Owner Flow

Dear owners, welcome to GPS Renting! We are excited to have you with us! We understand that there is a lot of information to consume and you must have tons of questions too. That's why we prepare this checklist to highlight some of the most frequently asked questions in different phases of the property management journey.

We kindly ask you to review this list before the meeting with your Pod Leader and Business Development Manager. You can pick any questions you have and we are here to give you a 🌟🌟🌟🌟🌟 service.

Phrase	Detailed Steps	Meet-up checklist
Getting the property ready	Design Strategy	We align our interests with our owners. Our goal is to minimize vacancy and maximize rental income.
	PMA Signing	Term is 12 months (Or the length of the lease) and renews automatically. Extra fees are involved, such as the $295 onboarding set-up fee, $135 marketing photos and $179 rekey fee (will be reimbursed by a tenant unless it is the City of Seattle). $500 reserve fund and $500 maintenance limit. Utility set up - what stays with the owner and what will be transferred to the tenant HOA requirements.
	Pre-listing inspection	Rent Ready Property standard: https://app.getguru.com/card/cygz9pxi/Getting-Your-Property-Ready-For-Listing
	Schedule clean/small repair	$500 maintenance Limit. Sister company GPS Maintenance for small repair ($95/hour for handyman services)

Marketing and application	Decide rental price	We use data to inform us to make the best decision on rental price: https://app.getguru.com/card/iMyGrBpT/Setting-the-Rental-Price
	Listing the property to 40+ websites
	Self-touring with smart lock and safety features	Highlight the self-showing technology - the benefits and its risks: https://app.getguru.com/card/iMyGrBpT/Setting-the-Rental-Price
	Review and approve applications	Fair Housing: https://app.getguru.com/card/czGEzbki/Fair-Housing-Practices Review application criteria https://app.getguru.com/card/cE5Kkqgi/Application-Criteria

Move-in and post-move-in

Move-in inspection

"Explain our move-in requirements to the owner:

* Lease is signed, deposit, and rent are paid

* Renter insurance is set up

* Utility is set up."

Post move-in repair

Bundle resident request to save owner money:

https://app.getguru.com/card/c9kz9xdi/MoveIn-Inspection-Post-MoveIn-Repairs-and-Repairs

Monthly on 7-12 each month	Receive first owner draw	Explain the rent-receiving process, owner draw schedule, and distribution of owner statements between the 7th and 12th of each month.
	Receive owner statement

When tenants report issues	Work with the team on maintenance items	Clarify maintenance procedures, including a $500 reserve fund, in-house handyman rates at $95/hour, and protocols for emergency and urgent maintenance issues. https://app.getguru.com/card/cbkEnjAi/Everything-Maintenance-Owner
	Emergency repair	We will notify the owner about the emergency situation and then dispatch vendor to solve the problem based on our best knowledge and experience. Everything Maintenance - Owner

Every Jan of the Year	Year-end 1099	Mention the annual provision of Year-End 1099 and cash flow statements every January.
	Year-end Cash Flow Statement

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