Expertise.com

2024

Last updated:

Best Property Management Companies in New Orleans

Our Recommended Top 8

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored New Orleans Property Management Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

69Reviewed

44Curated

8Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

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

Why choose this provider?

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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
––

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

Why choose this provider?

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

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

Why choose this provider?

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)

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

Why choose this provider?

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.

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.
2.9
Google
2.9 / 5 (46)

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
245 Villemar Place, Terrytown, LA 70056
  • Maintenance

Why choose this provider?

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.
4.3
Google
3.9 / 5 (35)
Facebook
4.8 / 5 (31)

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

Why choose this provider?

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 (29)
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

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

Why choose this provider?

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

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

Why choose this provider?

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.
4.6
Google
4.7 / 5 (128)
Yelp
3.6 / 5 (14)
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
––

FAQs

  • 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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