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Best Property Management Companies in Lake Charles

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BG Realty & Management LLC logo
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License Verified:

License: BROK.995692818-CORP

Louisiana Real Estate Comission

BG Realty & Management LLC

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

Business Description

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Flavin Property Management logo
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Flavin Property Management

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

Business Description

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
Hoffpauir Properties logo
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Hoffpauir Properties

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

Business Description

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Keller Williams Realty Lake Charles logo
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License Verified:

License: BROK.995684577-CORP

Louisiana Real Estate Comission

Keller Williams Realty Lake Charles

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

Business Description

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.
4.4
Google
4.4 / 5 (25)
Facebook
5.0 / 5 (2)

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
Magnolia Property Management & Investments, LLC logo
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Magnolia Property Management & Investments, LLC

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

Business Description

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
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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.

How do I manage a vacation rental property?

Managing a vacation home or short-term rental requires a higher level of involvement when compared to other investment properties. Owners or managers must handle marketing, reservations, check-ins, and cleanings between stays. While a recent study by vacation rental marketplace HomeAway (now part of VRBO) reports that vacation rental income comprises about a quarter of the average rental owner’s income from investing just under 10 hours per week managing their rental, this type of hands-on involvement may not be possible for owners who live out of state or in another region. Professional property managers can assist with one or more tasks, such as cleanings and check-ins, or they can provide comprehensive management services to ensure that the property is generating revenue year-round.

Do property managers pay for repairs?

Yes and no. Property managers may pay for repairs, but the cost is generally deducted from future rent payments or a reserve fund. In most cases, landlords are responsible for maintenance costs and improvements that are needed to preserve or enhance the property’s value. Management firms do coordinate repairs, and some have their own maintenance crews. They can also provide contractor referrals and handle work orders for routine repairs, such as cleaning, painting, plumbing, and changing locks between tenants. Many firms allow tenants to submit maintenance requests online, and they should also provide monthly expense reports showing owners how their money is being spent.

Can a property manager evict a tenant?

Yes, property managers can help to orchestrate the eviction process, from preparing the initial notices to appearing in court and working with law enforcement to ensure that the tenant leaves the property. Situations that warrant eviction include non-payment of rent, lease violations, and illegal activity. Property managers can help to determine the best course of action when dealing with problem tenants.

Can a property manager sign a lease for an owner?

In most states, a property manager can sign a lease. Property owners can appoint a third party to act as a landlord by signing a contract with a management company or by giving power of attorney to a private individual. However, for the contract to be valid, the property manager must have the owner’s authorization.

Is property management worth the cost?

Property managers aren’t cheap, but they’re a worthwhile investment in many cases. Managing a rental property requires time, experience, diligence, and attention to detail. Professional property managers can assist new landlords and long-term investors who have a growing portfolio of rentals. They’re also valuable partners for individuals who work full time, live out of state, or want to enjoy the financial rewards of an investment property without added stress and anxiety.

How do I deal with a bad property management company?

Unresponsive property managers cause problems for property owners and tenants. Reputable management firms should work hard for their fees. No landlord wants to hear from their tenants that the management company isn’t doing its job or is ignoring their concerns. If the manager is skipping routine inspections, accepting bad tenants, or failing to provide monthly expense reports, it’s probably time to hire someone else. Owners should interview several candidates, compare rates, and check references to find a more qualified manager.

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