Invest · Wealth Club
Since 2007 we've helped Sioux Falls investors turn capital into multi-million-dollar portfolios. Off-market deals, full asset management, transparent reporting. You stay hands-off. We do the work.
$45M+
Investor portfolio under management
1000+
Sioux Falls transactions closed
18+
Years buying & operating in this market
1.0
Fastest-growing metro in the upper Midwest
What if…
90% of millionaires built their wealth in real estate. Ultra-high-net-worth families keep up to half their portfolio in property. And yet 99% of people don't know how to invest correctly — and most never ask for help.
That's where we come in. No extra spending. No risky moves. Just a proven, hands-off way to compound your wealth in the most undervalued metro in the upper Midwest.
What sets us apart
Most firms hand you a rent check and call it a day. We treat every property as a line item in your wealth strategy — sourced, structured, optimized, and reported on like an institutional portfolio.
"Luke Properties doesn't just manage properties — we manage your entire real estate wealth strategy." — Matt Luke, President
How we partner
From the first conversation to your first cash distribution, here's exactly how we'll work together. No surprises. No spreadsheets you have to maintain.
Step 01
We see deals before they hit the MLS — through 18+ years of broker, builder, and seller relationships in Sioux Falls.
Step 02
Real Sioux Falls comps, conservative rents, full opex. If the numbers don't sing, we walk. Your capital is treated like our own.
Step 03
Lender intros, entity setup, inspections, legal closing — handled by a team that's done it 200+ times.
Step 04
We manage what we sell. Monthly distributions, transparent reporting, and a refinance plan when it's time to recycle equity.
Investor case studies
Since 2007, we've helped investors build multi-million-dollar portfolios — one disciplined deal at a time. A few stories from people who wrote the check.
Julie L.
Sioux Falls, SD
Return on equity
43%
Luke Properties is extremely professional and a great partner. They have massively increased our net worth and they take great care of the properties. I have zero worries.
Kim L.
Hartford, SD
Investor return
57%
We can't believe this actually happened. Our real estate with someone else returned 3%. This is beyond anything we could expect.
Jerry V.
Sioux Falls, SD
Year-1 return
+10%
Luke Properties performed exactly as they told me they would. I received a solid return on my investment, and the checks were like clockwork.
Rick M.
Mesa, AZ
Properties retired into income
13
They moved me to the next stage of life — no work and still get monthly income checks. I wish I'd done this a long time ago.
The Luke advantage
120+ combined years of brokerage, construction, wealth management, and operations — all under one roof, all aimed at one outcome: your portfolio compounding faster.
11+ years of broker, builder, and seller relationships in Sioux Falls. We see deals before they hit the MLS — and we act fast.
Real comps, real rents, real opex. If the numbers don't sing, we walk. Your capital is treated like our own — because it usually is.
LLC structuring, depreciation schedules, cost segregation, and K-1 management. We coordinate with your CPA so nothing is left on the table.
We track every property's value, returns, and cap-ex needs in real time — and refinance, recycle, or reposition equity when the moment is right.
Monthly distributions, transparent owner statements, and an investor portal that shows you exactly where every dollar lives.
We manage what we sell. Our reputation is on every door — so we don't pitch deals we wouldn't buy ourselves.
Why Sioux Falls
Coastal money is just starting to notice South Dakota. We've been buying here since 2007 — through cycles, rate hikes, and tenant generations. We know which blocks rent, which blocks appreciate, and which deals to walk away from.
Top 5
Fastest-growing metros in the U.S.
Sioux Falls is consistently ranked among the top 5 metros for population and job growth — and the inventory hasn't kept up.
0%
State income tax
South Dakota's tax climate keeps tenants liquid and investor returns clean. No state income tax. No personal property tax. No inventory tax.
<5%
Vacancy across our portfolio
While the national average hovers around 7%, our managed properties run lean. Strong screening, fast turns, and a waiting list for our best units.
Word of mouth
A 4.9★ average across hundreds of reviews — but it's the repeat business that means the most. 73% of our owners refer at least one friend, and our residents renew at nearly twice the market rate.
"Luke Properties is extremely professional and a great partner. They have massively increased our net worth and they take great care of the properties. I have zero worries."
Julie L.
Investor · Sioux Falls · 80+ doors
"We can't believe this actually happened. Our real estate with someone else returned 3%. This is beyond anything we could expect."
Kim L.
Investor · Hartford, SD · 4 properties
"Luke Properties performed exactly as they told me they would. I received a solid return on my investment, and the checks were like clockwork."
Jerry V.
Investor · Sioux Falls · 9 SFR portfolio
"They moved me to the next stage of life — no work and still get monthly income checks. I wish I'd done this a long time ago."
Rick M.
Investor · Mesa, AZ · retired into income
"Their underwriting flagged two deals I almost overpaid for. Saved me six figures and built a level of trust no spreadsheet could."
D. Halverson
Investor · Twin Cities
"Quarterly reports actually make sense. I finally know where every dollar goes — and the equity keeps compounding."
K. Iverson
Owner · 6 doors
"Found our home in less than a week. The application process was easier than ordering takeout, and maintenance shows up the same day."
Priya & Jordan T.
Tenants · McKennan Park
"We've rented from a lot of landlords. Luke is the only one that treats this place like our home, not their asset."
Marcus B.
Tenant · All Saints
"When the furnace went out on a Sunday in January, they had a tech in within two hours. That's not normal — and I'll never rent anywhere else."
Hannah & Drew R.
Tenants · Sioux Falls
Common questions
Real answers to the questions we hear most. Still on the fence? Get them answered live on a free 30-minute strategy call.
Self-directed IRA
Most investors don't realize they can use their IRA or 401(k) to fund real estate. We partner with Midland Trust to make the rollover painless — and your returns grow tax-advantaged inside your retirement account.
Open an SDIRA with Midland TrustTax-deferred
Compound inside your IRA
Let's talk
Tell us where you are, where you want to go, and we'll show you exactly how a partnership with Luke Properties could look. No pitch deck, no pressure. Just numbers, candor, and a real plan.
Your investment team
Matthew, Mark & Jackson — sourcing, building, and underwriting every deal.
Matthew leads the firm. Mark runs development and construction. Jackson models every deal twice. Same three people from first call to closing — and through the years that follow.
