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 prepared 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.
Phase | 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 |
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Pre-listing inspection | Rent Ready Property standard: https://app.getguru.com/card/cygz9pxi/Getting-Your-Property-Ready-For-Listing | |
Schedule a 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 |
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 |
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Move-in and post-move-in | Move-in and move-in inspection | We have three requirements before giving out the key to your new residents * Lease is signed, deposit and rent are paid * Renter insurance is set up * Utility is set up A few days before the new tenants arrive, we’ll complete a detailed pre-move-in inspection to ensure the property is clean, functional, and fully ready for occupancy. You’ll receive the full inspection report in your portal within 1–2 days. After moving in, the tenants will also complete their own move-in inspection to independently document the condition of the property. This helps establish a clear, mutual record from day one, supporting transparency and protecting all parties throughout the lease. |
Post move-in repair | We normally bundle resident requests to save the owner money: https://app.getguru.com/card/c9kz9xdi/MoveIn-Inspection-Post-MoveIn-Repairs-and-Repairs |
Monthly on 7-12 each month | Receive the first owner draw and owner statement | You can expect your owner draw between the 7th and 9th of each month, depending on weekends and holidays. A monthly statement will also be uploaded to your portal for easy access. |
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 a vendor to solve the problem based on our best knowledge and experience. Everything Maintenance - Owner |
Every Jan of the Year | Year-end 1099 and cash flow statement | Mention the annual provision of Year-End 1099 and cash flow statements every January. |
Owner Benefit Package | Silver Level ($39/month, Up to $7,690 Value) |
Self-showing and Vacant Property Protection – Up to $500 coverage for rekeying or damage during showings (3 instances per year). |
Gold Level ($79/month, up to $8,540 Value) | Includes all Silver benefits, plus:
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Platinum Level ($139/month, up to $9,940 Value) | Includes all Gold benefits, plus:
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Owner Benefit Package: Maximize Your Property’s Return While Minimizing Risks |