Manage

Stop renting out your nights and weekends.

Full-service residential, commercial, and HOA management in Sioux Falls. We handle the operator headache so you can build wealth — not chase repairs at 10pm.

The hidden cost of doing it yourself

Self-managing isn't free. It's just billed quietly.

Self-managers don't avoid the cost of management. They just pay it in vacancy, bad tenants, and missed opportunities.

An overwhelmed owner self-managing a rental property late at night, surrounded by paperwork and receipts

These are the silent leaks that drain returns when you go it alone — the costs most owners never see on a spreadsheet until they add up to thousands per year.

Vacancy Loss

Self-managers average 8–10% vacancy. We average 3–5% with pro photos, syndicated listings, and a vetted applicant pipeline.

Bad Tenant Placement

Without thorough screening (credit, criminal, eviction, income), self-managers place bad tenants 3× more often. One eviction: $5K–$15K.

Maintenance Overpaying

You pay retail. We have negotiated vendor rates that save 20–40% on every repair.

Deferred Maintenance

$200 fixes turn into $2,000 problems when repairs get delayed. Scheduled inspections catch issues early.

Missed Appreciation from Poor Maintenance

Properties that aren't well-maintained lose 1–3% of potential appreciation annually. Deferred repairs, dated units, and weak curb appeal quietly suppress your value.

Legal & Compliance Risk

Fair housing, improper evictions, lease errors, deposit disputes — one lawsuit can run $5K–$25K+.

Below-Market Rent

Self-managers under-price by $50–$150/mo because they fear vacancy and lack market data. We optimize using real comps.

Turnover Costs

Each turnover runs $3K–$5K+ in repairs, vacancy, and leasing. Better tenant relations = longer stays = fewer turns.

Your Time

Tenant calls, repair coordination, showings, bookkeeping, legal research — your time has real value.

Late & Missed Payments

Self-managers feel awkward enforcing late fees. We enforce lease terms consistently — late payments drop 80%+.

Self-management cost calculator

What is going it alone really costing you?

Three numbers. Instant answer. Move the sliders to match your portfolio and we'll show what self-managing actually costs — including the wealth-building moves most owners never make.

$
$

$30,060

per year

Hidden cost of self-managing

$392/mo

$4,704/yr

OUR MANAGEMENT FEE

$17,511

$1,459/mo back

You save (after our fee)

The bottom line

Even after paying our fee, you come out $17,511/yr ahead.

Professional management doesn't cost you money — it makes you money.

These numbers feel right? Let's talk

Estimate only. We'll model your real numbers on the call.

What's included

Everything you'd do yourself — done better.

For property owners

See the full owner playbook — every service, every safeguard, every dollar it saves you.

See what's included

Marketing & leasing

Pro photography, syndicated listings, vetted applicants. Average 11 days to lease.

4-point tenant screening

Credit, criminal, eviction history, income verification. The right tenant in, the wrong tenant out.

24/7 maintenance

In-house team plus a vetted vendor bench at negotiated rates. Tenants love it. Owners sleep.

Rent collection & enforcement

Autopay, late-fee enforcement, consistent lease terms. Late payments drop 80%+.

Accounting & owner reporting

Monthly statements you can actually read. Year-end 1099s and tax packets included.

Inspections & compliance

Move-in, mid-lease, move-out. City and HOA compliance never slips.

Lease renewals & rent optimization

We re-price every renewal against real-time comps so you stop leaving money on the table.

Owner & resident portals

See everything, anytime. Approvals in two taps. No more email threads.

Three ways we manage

Pick your portfolio. We'll take it from here.

Residential

Single-family, duplex, small multi-family. Local owners and out-of-state investors welcome.

See what's included

Commercial

Office, retail, mixed-use. CAM reconciliation, lease admin, and tenant relations handled.

HOA

Board support, vendor management, dues collection, and reserve studies — done right.

Owners we work with

"I went from spending Saturdays on tenant calls to spending them with my kids. The fee pays for itself in week one."
Out-of-state owner, 4 doors
"Their renewal pricing alone bumped our income $180/mo per unit. They earned the fee on day one."
Multi-family owner, Sioux Falls
"We had a deferred-maintenance disaster waiting to happen. Their inspection caught it before it cost five figures."
First-time landlord

Property management — FAQ

Common questions from Sioux Falls property owners.

The questions owners ask us most about pricing, what's included, switching from another manager, and what to expect after onboarding.

Book your free strategy call

20 minutes. Real numbers. Zero pressure.

Tell us about your property. We'll come back with a tailored proposal and run your real numbers on the call.

Step 1 of 3

What are we managing?

Jackson Miller — Wealth Advisor, Luke PropertiesChere Rosa de Sharon — Wealth Advisor, Luke PropertiesMax Porter — Maintenance Coordinator, Luke Properties

Your management team

Jackson, Chere & Max — the people behind every owner statement and work order.

Jackson and Chere advise owners on portfolio strategy and the right next move. Max keeps your properties in shape — vendors dispatched, work orders closed, capex on a real schedule.