MW
Property Management Co
Experienced.
Effective.
Innovative.
About Us
MW Property Management Co
About MW Property Management Co
Who We Are
Founded by property owners, for property owners.
MW Property Management Co was started by Nic Madsen and Coby Vander Kooy — two real estate investors who managed rental properties themselves long before they managed them for anyone else. As owners, they knew exactly what it took to protect a property's value, keep tenants happy, and make the numbers work. They also knew how rare it is to find that same level of care from someone managing your investment on your behalf.
So they built the company they wished had existed when they were the ones searching for it.
MW Property Management Co exists because Nic and Coby have sat on both sides of the table — as owners and as managers. That perspective shapes everything about how we operate today.
What this means for you:
- We think like owners, because we are owners. Every decision — from vendor selection to lease terms — gets filtered through one question: would this protect our own investment? That's the same standard we apply to yours.
- We know the bottom line matters. We manage every property with the same cost-consciousness we'd want if it were our own money on the line — because it often has been.
- We respond the way we'd want to be responded to. No black hole of unanswered calls or emails.
- We're local, and we're invested. Sioux City, South Sioux City, and the greater Siouxland region — including Northwest Iowa and Southeast South Dakota — isn't just our service area. It's where we live and where we own property too.
Meet Our Team
Nic Madsen — Co-Founder & CEO
Nic is a co-founder of MW Property Management Co and has been investing in real estate since 2019. Born and raised in the Greater Sioux City area, Nic brings deep local roots and firsthand knowledge of the Siouxland market to every property he manages. As CEO, he leads owner relationships, making sure every property owner has a direct line to someone who knows their investment and their goals. Nic holds a business degree from Morningside University and lives in Dakota Dunes with his wife and their two children.
Coby Vander Kooy — Co-Founder & CFO
Coby is a co-founder of MW Property Management Co and has been investing in real estate since 2017. As CFO, she oversees the financial side of the business — accounting, reporting, and the behind-the-scenes systems that keep every owner's investment running smoothly and transparently. Coby holds an undergraduate degree in Marketing from Dordt University and an MBA in Accounting from Western Washington University. She lives in the Greater Sioux Falls area with her husband and their six children.
Emma Kurth — Property Manager
Emma Kurth manages the day-to-day operations that keep MW Property Management running smoothly. She's the main point of contact for tenants, handling everything from leasing and applications to work order coordination and tenant relationships. Her hands-on, responsive approach means owners and tenants alike always have someone reliable to reach out to.
Steph Dattolico — Property Manager/Leasing Coordinator
Steph Dattolico manages unit turns and leads the effort to get vacant units filled quickly, ensuring every property is market-ready and rented with as little downtime as possible.
Why Property Owners Choose Us
- Local expertise. We're based right here in Sioux City — we know the neighborhoods, the rental market, and what tenants in this area are looking for.
- Straightforward pricing. No hidden fees or surprise charges — our fee structure is laid out clearly from day one.
- Responsive communication. Whether you're an owner or a tenant, you can reach a real person, not a call center.
- We manage our own properties too. Because we manage our own real estate alongside client properties, we treat every property we manage like it's ours.
Together, we manage properties the way we always believed they should be managed.
Get in Touch
Have questions about our services or want to talk about managing your property? Contact us or call us at (712) 717-5120.
MW Property Management is pleased to present a formal property management proposal outlined below. Our team is committed to delivering efficient, dependable, and comprehensive property management solutions that enhance the long-term value of your property.
Our Services
Rent Collection
We handle all aspects of rent collection on your behalf, ensuring timely payments and efficient processing. Tenants have access to a range of payment options, including:
- Online payments via our tenant portal
- Cash payments at participating retailers (Walmart, Casey’s, Walgreens)
- ACH transfers, money orders, checks, and credit/debit card payments
owner deposit methods
Rental proceeds are directly deposited into the bank account of your choice on the 15th of the month and 30th of the month
eviction management
In the event of a necessary eviction, we manage the entire process from start to finish. While all eviction-related fees are the owner's responsibility, they will be pursued for reimbursement from the tenant whenever possible.
leasing services
We oversee the full leasing process, including:
- Advertising
- Tenant screening & application
- Lease agreement preparation
- Move-in inspections
A one-time leasing fee of $100 is applied for these services.
advertising & marketing
Vacancies are marketed across multiple platforms to ensure maximum exposure. Listings are featured on our website www.mwpropertymanagementco.com as well as syndicated to partner platforms like Zillow, Realtor.com, Trulia, Facebook, and many others.
maintenance & Repairs
By utilizing a maintenance portal for all work orders, we promptly address all maintenance and repair needs. Should you choose to use our in-house service,
MW Property Improvements, the rate is $45 per hour.
Services include:
- 24/7 emergency response
- Approval coordination (if requested)
- Dispatching and supervising repair work
Vendor Coordination
For tasks requiring third-party vendors, we manage coordination and oversight. A 5% administrative markup is applied to cover vendor management and related services.
Fee Structure
Property Management Fee
- 10% of all rents collected, covering full-service management, general accounting, and administration
- $100 leasing fee
- $50 lease renewal fee
- 5% administrative fee for maintenance coordination
- $3/unit software reimbursement
- $100 after-hour/weekend/emergency fee added to the bill on top of the hourly fee
- $25 eviction coordination
Our
Communities
For Our
Residents
Pay Rent Online
Securely pay rent online from anywhere. Set up automatic payments so you always pay on time.
Quickly submit maintenance requests that go directly to our maintenance queue.
Owners
The Owner Portal
Simplified & Secured Payments
Make and receive payments from the mobile-friendly Online Portal. Directly send funds for owner contributions, including emergency maintenance repairs, renovations, or reserves via eCheck or Debit Card.
Enhanced Communication
Stay connected and informed with built-in messaging, notifications, and emailing tools, all with fully mobile functionality to simplify collaboration.
24/7 Access & Property Insights
Get on-demand access to financial statements, monthly summaries, year-end tax statements, and important documents from anywhere using our robust mobile capabilities.
Contact
Send us an email and we’ll get back to you soon.
