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Property management in Baton Rouge

Posted on 8/17/22 at 4:14 pm
Posted by brightside878
Baton Rouge
Member since Sep 2009
1563 posts
Posted on 8/17/22 at 4:14 pm
I'm trying to hire a property manager to manage 4 doors in Baton Rouge. Anyone have one they'd recommend?

This is my first time in this market, mostly operate in S MS

Is a portion of the first month's rent customary? That's on top of a monthly percentage
Posted by Klondikekajun
Member since Jun 2020
1283 posts
Posted on 8/17/22 at 4:15 pm to
Latter & Blum is your best bet...
Posted by Head1
Member since Dec 2009
396 posts
Posted on 8/17/22 at 8:13 pm to
Got a buddy that does it and is currently looking for properties.

seth@pmivivoproperties.com
Posted by BAW58
Member since Sep 2018
1 post
Posted on 8/17/22 at 8:22 pm to
Email TheGeauxmezGroup@Gmail.com
Posted by Peejack84
Lafayette
Member since Aug 2019
125 posts
Posted on 8/18/22 at 10:43 am to
I use Channel Realty
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 8/18/22 at 10:46 am to
L&B is great, very professional and organized


My suggestion is just to ensure you hire a broker or agent whose firm is setup for PM. There is infrastructure they have that can work to your advantage as the investor
This post was edited on 8/18/22 at 10:47 am
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72628 posts
Posted on 8/18/22 at 10:48 am to
quote:

Is a portion of the first month's rent customary?


yes. % of first months rent based on length of lease 1 or 2 year.

quote:

That's on top of a monthly percentage






yes
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 8/18/22 at 10:50 am to
whatever fee is worth it if you want to be hands off and enjoy the passive income

my 2 cents
Posted by Fachie
Magnolia
Member since Mar 2017
449 posts
Posted on 8/18/22 at 11:30 am to
Is that Drex?
Posted by viv1d
Member since Aug 2017
1617 posts
Posted on 8/18/22 at 1:30 pm to
Latter & Blum.
Posted by Rust Cohle
Baton rouge
Member since Mar 2014
1944 posts
Posted on 8/19/22 at 11:20 am to
I had one that was bad, still had to solve all the problems, our goals weren’t aligned. They should make money when I do. But they would get paid wether it was vacant or filled, so what’s the incentive to fill it, or fill it well. They were taking the late fees. So they probably did not encouraged on time payments. Books were always jacked up. I spent more time birddogging them if I did it my self. I hired them because I was scared to interact with the tenants, but I fired them and got over it. Most tenants are polite and want to continue to live in the same place.
This post was edited on 8/19/22 at 11:25 am
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11806 posts
Posted on 8/20/22 at 10:25 am to
Real property management on Antioch. Good friends with the guy who runs the business.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72628 posts
Posted on 8/22/22 at 7:52 am to
quote:

But they would get paid wether it was vacant or filled


yeah screw that. not supposed to charge when not filled. they gouged you.
Posted by financetiger
Member since Feb 2008
1674 posts
Posted on 8/22/22 at 2:31 pm to
Whatever you do, DO NOT use Lewis Companies. They are awful!
Posted by lsutigers1987
Member since Jun 2022
43 posts
Posted on 8/22/22 at 4:37 pm to
I use South Haven Property Management
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