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Best Property Management Companies in New Orleans

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Mary Danna logo
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License Verified:

License: BROK.30197.A-CORP

Louisiana Real Estate Comission

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Mary Danna

New Orleans, LA
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Business Description

Mary Danna assists individuals, families, investors, and owners with their property management needs and real estate transactions in New Orleans and surrounding areas. Mary assists clients in managing residential properties, such as single-family homes, townhouses, condominiums, commercial units, and multi-family residences. She also caters to individuals who wish to sell their existing or investment homes. Mary is a Realtor at Keller Williams.

License Verified:

License: BROK.30197.A-CORP

Louisiana Real Estate Comission

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
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Price: Call for estimate

Bridgewater Properties logo
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License Verified:

License: BROK.912124471-CORP

Louisiana Real Estate Comission

Bridgewater Properties

2305 Veterans Memorial Blvd., Suite E, Metairie, LA 70002
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  • Property Assessment
  • Closing

Business Description

Bridgewater Properties provides individuals and institutions throughout the greater New Orleans area with a range of property management services. Established in 1963, the company formed strategic alliances with companies such as AMB Property Corporation, Prudential Insurance of America, Equitable Life Insurance, Lincoln National Life, and Mutual of New York to protect the value of its clients' assets. The company caters to owners and tenants of multi-family housing, office units, retail units, hospitality facilities, and industrial properties.

License Verified:

License: BROK.912124471-CORP

Louisiana Real Estate Comission

Green Fields Real Estate, LLC logo
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Green Fields Real Estate, LLC

2922 North Rampart Street, New Orleans, LA 70117
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  • Maintenance
  • Tenant Screening

Business Description

Green Fields Real Estate, LLC, is a locally owned property management company serving clients in New Orleans. Founded in 2000, it manages multi-unit apartments and condominiums, handling monthly rent collection, bookkeeping, regular inspections, and maintenance reports. It also offers property leasing services, including MLS advertising, tenant screening, and lease preparation. It provides personalized services to every client and assists them in finding the property that suits their need. Green Fields Real Estate is headed by experienced owner and broker Linda Gruenfeld and is a member of the New Orleans Metropolitan Association of Realtors.

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
JW Property Services logo
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License Verified:

License: BROK.995680654-CORP

Louisiana Real Estate Comission

JW Property Services

3900 N. Causeway Blvd Suite 1200, Metairie, LA 70002
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  • Maintenance
  • Marketing
  • Collection
  • Accounting Services

Business Description

JW Property Services serves property owners in New Orleans and the surrounding communities. It offers tenant screening, rent collection, eviction management, move-out inspections, and property maintenance services. Its team handles property maintenance issues and provides tenants with a 24-hour hotline for emergency repairs. The company provides clients with monthly and year-end cash flow statements for tax preparation purposes. This family-operated and locally owned business offers owners and tenants access to online portals where they can manage and monitor their accounts.

License Verified:

License: BROK.995680654-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)
Yelp
3.5 / 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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Latter & Blum Property Management logo
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Latter & Blum Property Management

5557 Canal Boulevard, New Orleans, LA 70124
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  • Leasing
  • Tenant Screening

Business Description

Latter & Blum Property Management is the oldest property management firm in New Orleans. With over 100 years of expertise, it has overseen 11,000 single-family and multi-family units and 18 million square feet of commercial and industrial properties. It takes care of all the responsibilities related to rental properties. The company has been recognized by the Institute of Real Estate Management as an Accredited Management Organization, a designation given to companies that show outstanding financial capability and work.

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.
4.0
Google
4.1 / 5 (40)
Facebook
4.0 / 5 (38)
Yelp
2.4 / 5 (17)

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
––
LVM Property Management logo
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LVM Property Management

2895 N Hwy 190, Ste 236, Mandeville, LA 70471
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  • Maintenance
  • Marketing
  • Leasing
  • Tenant Screening
  • Property Inspection

Business Description

Helmed by Lionel Meynard, LVM Property Management caters to clients who are renting out properties like single-family homes in New Orleans. The firm's tenant placement services range from helping owners determine rental rates based on rental market analysis to running background checks on potential tenants and coordinating lease signings. Meynard and his team take care of rent collection, maintenance, and regular property inspections, including site checks at move-in and move-out. They also prepare monthly financial reports and annual 1099 tax forms.

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
––
Mary & Company logo
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License Verified:

License: BROK.59864.A-ACT

Louisiana Real Estate Comission

Mary & Company

6803 Press Drive, Suite 170, New Orleans, LA 70126
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  • Maintenance
  • Collection
  • Rent collection

Business Description

Mary & Company offers a variety of property management services to clients in New Orleans. The team handles tenant and owner funds and carries out inspections and building maintenance jobs. It screens tenants and collects rental payments. The firm also takes care of accounting matters and governmental compliance concerns. Mary & Company is associated with the National Center for Housing Management. Owner Mary Adams Thomas has experience in business administration, real estate brokerage, and housing consultation.

License Verified:

License: BROK.59864.A-ACT

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.
5.0
Google
5.0 / 5 (3)
Pelican Realty of Louisiana, LLC. logo
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License Verified:

License: BROK.995687241-CORP

Louisiana Real Estate Comission

Pelican Realty of Louisiana, LLC.

245 Villemar Place, Terrytown, LA 70056
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  • Maintenance

Business Description

The Pelican Realty of Louisiana, PLLC, is an Accredited Buyer's Representative that has been catering to clients throughout New Orleans since 1998. It is led and managed by owner Stephen Leonard, who has been serving property owners as a Realtor for at least 24 years. Leonard and his team conduct property assessments for maintenance and repair work, manage monetary transactions, and screen the creditworthiness and rental history of potential tenants. The company is also affiliated with the NARPM and the Louisiana Real Estate Commission.

License Verified:

License: BROK.995687241-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.
4.5
Google
4.5 / 5 (33)
Facebook
4.6 / 5 (9)

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
––
Redfish Property Management logo
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License Verified:

License: BROK.995683671-ACT

Louisiana Real Estate Comission

Redfish Property Management

3531 Ridgelake Dr Unit 4, Metairie, LA 70002
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  • Property Inspection
  • Property Maintenance

Business Description

Redfish Property Management serves residential rental property owners in New Orleans. The company assists with marketing, leasing, tenant screening, rent collection, maintenance, and eviction. It strives to secure long-term tenant placements at competitive rental rates to provide owners with consistent earnings. The company is led by Billy Borrouso, a Certified Residential Specialist and a licensed broker and contractor. He leverages his contracting network to negotiate lower rates on property repairs. Billy is a member of the National Association of Residential Property Managers.

License Verified:

License: BROK.995683671-ACT

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.
5.0
Google
5.0 / 5 (20)
Yelp
5.0 / 5 (1)

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
Satsuma Property Management logo
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License Verified:

License: BROK.995702427-CORP

Louisiana Real Estate Comission

Satsuma Property Management

802 Washington Ave., New Orleans, LA 70130
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  • Community Management

Business Description

Satsuma Property Management is a New Orleans-based company that serves investors and tenants. It provides rental property management services for different property types, including apartment complexes, single-family and multifamily homes, and commercial rentals. It handles marketing, rental market analysis, tenant sourcing and screening, construction management, maintenance and repairs, and rent collection. The company also offers monthly reports updated through an online finance portfolio. Satsuma Property Management is a partner company to Satsuma Realtors.

License Verified:

License: BROK.995702427-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.
5.0
Google
5.0 / 5 (14)

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
superprop.com logo
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superprop.com

3925 Iberville St, New Orleans, LA 70119-5115
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  • Maintenance
  • Accounting Services
  • Tenant Screening

Business Description

Superior Property Management is a team of professional property managers connecting property owners and tenants around the New Orleans area. The goal of the company is to help property owners increase the return of investments while still protecting the rights of the tenants. For property owners, the company offers a range of management services, which includes preparation of rental applications and all other necessary documents, handling all tenant concerns, and providing a full account of all financial reports.

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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Back to Providers

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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