Expertise.com

Best Property Management Companies in Lake Charles

2024

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Providers

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Website
2801 Ryan St., Suite 800, Lake Charles, LA 70601
  • Leasing
  • Screen new tenants
  • Property Maintenance

Why choose this provider?

Keller Williams Realty, Inc., is a franchise company servicing the residents and businesses in the Lake Charles metro and the surrounding areas. Same with other property management companies, it offers tenant selection, rent collection, property repairs, general upkeep and maintenance, lease processing and renewals, and rent analysis. Its professional staff provides guidance and assistance to buyers and sellers in marketing and purchasing properties. Keller Williams Realty in Lake Charles also supports positive marketing and advertising programs.

License Verified:

License: BROK.995684577-CORP

Louisiana Real Estate Comission

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.6 / 5 (26)
Facebook
5.0 / 5 (8)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
206 West 11th Street, Lake Charles, LA 70601
  • Leasing

Why choose this provider?

Hoffpauir Properties is a residential property management company. A property manager in Lake Charles, this firm creates property solutions tailored to clients' budgets and needs. Its management team helps find suitable homes, considering preferred styles and locations. Property listings can be viewed through a search engine on the company's website and navigated by specifying home features. Tenants are given access to online portals, where they can pay rent, file maintenance requests, communicate with property managers, and submit insurance coverage proof.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.3 / 5 (20)
Yelp
3.5 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
3221 Ryan Street, Lake Charles, LA 70601
  • Maintenance
  • Collection
  • Accounting Services

Why choose this provider?

Flavin Property Management assists property owners in maximizing their return on investment and preserving their real estate. The company in Lake Charles manages office spaces, retail establishments, industrial properties, and different types of residential properties for lease. Since 1976, it has helped thousands of owners in the area. Some of their services are accounting, lease agreement implementation, tenant screening, as well as maintenance and repair coordination. It also streamlines various processes, including rent collection.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (39)
Facebook
4.8 / 5 (21)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
630 Prien Lake #113, Lake Charles, LA 70601
  • Marketing
  • Tenant Screening
  • Property Maintenance

Why choose this provider?

BG Realty & Management LLC serves property investors and homeowner associations in Lake Charles. It oversees single and multi-family homes, commercial units, and HOAs. For HOA community management, it handles day-to-day operations, emergency repairs, accounting services, collections, and budgeting. Its property managers are also involved in marketing, filling vacancies, maintenance work, tenant care, and financial reporting. It offers an online portal, where owners can access financial and tax statements, send contributions, and collect payments, while renters can submit maintenance requests, insurance coverage, or purchase policy.

License Verified:

License: BROK.995692818-CORP

Louisiana Real Estate Comission

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.9 / 5 (105)
Facebook
4.3 / 5 (32)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
730 Bayou Pines East, Lake Charles, LA 70601
  • Leasing

Why choose this provider?

Magnolia Property Management & Investments, LLC serves Lake Charles with its team of property managers. This company handles more than 900 apartments and homes for rent, including townhomes, duplexes, and single-family units. The property managers assist in property marketing, posting online listings on the company website. They also coordinate with service providers to address repair requests, maintaining a 24/7 hotline for emergency issues. Magnolia Property Management & Investments, LLC also deals with self-storage units, offices, and commercial buildings.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.3
Responsiveness
Friendliness
Helpfulness
Detail
––

Frequently Asked Questions

  • What is property management?

    Property management is the business of controlling and overseeing real estate, including residential and commercial rental properties. These professionals handle general maintenance and day-to-day operations on behalf of the property owner. They’re responsible for marketing properties, finding and screening tenants, collecting rent, and preparing units between leases. They may also handle repairs, evictions, and any problems that arise.

  • What does a property manager do?

    Professional property managers perform critical tasks throughout the leasing life cycle, from preparing a rental property, through tenant move-ins and move-outs. They can also provide referrals for legal advice, home repairs, and services that aren’t covered by the management agreement. Here are some of their key responsibilities:

    • Marketing and listing vacant units
    • Processing applications and screening tenants
    • Conducting quarterly and annual inspections
    • Orchestrating move-in procedures
    • Coordinating maintenance and repairs
    • Collecting rent and applying penalties
    • Conducting move-out inspections and returning deposits
    • Handling evictions and posting quit notices
    • Complying with fair housing regulations
    • Compiling monthly expense reports
    • Preparing annual tax documents

  • How much do property management companies charge?

    Property management fees can vary substantially depending on the size of the property, number of units, and scope of service. Property owners can expect to pay one month of rent to fill vacant properties and 10% of the gross cash flow to manage the property. Investors should also account for monthly maintenance, contributions to a reserve repair fund, and early termination fees if they decide to cancel the property management contract. Evictions and other non-routine services typically cost extra.

  • How do I manage a rental property from out of state?

    Managing a property isn’t easy, and the job is even more difficult for out-of-state landlords. Thorough tenant screenings are the best way to prevent many common problems. Landlords should also maintain strong relationships with neighbors who can alert them if anything goes wrong. Investors who prefer a more hands-on approach should consider hiring a property manager to represent their interests.

  • Does a property manager need a real estate license?

    Yes, in most states, property managers must have a real estate license to advertise rentals, show properties, sign lease agreements, collect rent, and perform other fiduciary activities. A community association manager license or similar certification may also be required for professionals who want to work for an HOA or apartment complex, although this credential is optional in most states.

  • How do I find a good property management company?

    Property managers differ significantly in their approach and level of expertise. It’s important for owners to screen potential candidates to ensure that they're choosing the most qualified professional. Here are a few questions to ask during the interview:

    • How many units do you manage?
    • How big is your staff?
    • Do you have a maintenance crew?
    • How long does it take to fill vacant units?
    • What happens if my tenant doesn’t pay on time?
    • Have you ever filed an eviction?
    • What type of communication can clients expect from you?

  • Do property management companies find tenants for rental properties?

    Yes, finding tenants and filling vacancies are key responsibilities for property managers. These professionals are responsible for advertising the property, and they handle all inquiries, applications, and showings. To find the most qualified tenants, managers perform background and credit checks, verify references, and confirm the applicant’s employment information, which can prevent problems and extra costs down the road.

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