In serving the interests of both the landlord and the tenant, your Commercial Management Agent will conduct routine inspections of the property, contract repairs, and verify the suitability of repairs completed to the property. If a unit is vacant, the Management Agent will solicit prospective tenants, review tenant applications, contract credit reviews of potential tenants, and generate a binding lease agreement.
Wheeler Steffen also provides a bookkeeping service, inclusive in the management fee, which generates accurate balance sheets, disbursement logs, and rent payment rolls. These financial documents allow Wheeler Steffen to track the monthly cash flow generated by your property or properties.
We will provide monthly financial reports to you. Annually, we will prepare year end statements and ledgers for your tax preparer and issue 1099 statements to any vendors that provided services.