Background checks are an important step in protecting your properties
Thorough tenant background checks are a crucial part of the rental process. By conducting background checks, you can…
Taming the Tenant – A Landlord’s Guide
In this YouTube video, you’ll learn a step-by-step guide to dealing with difficult tenants. Indeed, dealing with a…
New Illinois Law Regulates Tenant Screening Fees and Reusable Reports
Effective January 1, 2025, Public Act 103-0840 introduces new requirements for Illinois landlords regarding the use of reusable…
Understanding Receiver Sales Under the Illinois Receivership Act, HB0028 – Legal and Financial Considerations
In recent years, Illinois lawmakers have taken a proactive approach to streamline and enhance property rehabilitation processes, particularly…
Setting Rental Rates and Negotiating Leases
🙋♂️ As a property owner/manager, setting rental rates and negotiating lease agreements can be a daunting task. But…
Three Pentacles, PLLC – Your Property – Our Property
“Welcome to a world of effortless property management with Three Pentacles, PLLC. We pride ourselves in providing an…
Streamline Property Cleaning Turnover Process
Are you a property owner or manager looking to streamline your cleaning turnover process? Creating a comprehensive cleaning…
Set clear expectations with tenants
Setting clear expectations with tenants is key to a smooth and successful tenancy. It helps to avoid misunderstandings…
Unlocking Success with Three Pentacles’ Realtor Referral Program
Are you a Realtor looking to expand your horizons and grow your income? Look no further! Three Pentacles,…
Benefits of having a strong online presence
Having a strong online presence is crucial for property owners looking to attract potential tenants and grow their…
A New Era for Receiverships and Commercial Real Estate in Illinois
The introduction of House Bill HB0028, which establishes the Illinois Receivership Act, is a pivotal moment for the…
5 reasons why good record-keeping is crucial for rental properties
Maximizing profits and avoiding headaches starts with keeping good records! 💰🙌 Here are 5 reasons why good record-keeping…
Circumstances and types of Receiver Appointments under HB0028
Under the forthcoming Illinois Receivership Act (HB0028)—which on May 22, 2025 has passed both houses of the 104th…
Cost-effective renovation projects for a rental property
One of my most frequently asked questions is 🤔 “What are the most cost-effective renovation projects for rental…
A well-written lease agreement is essential for landlords and tenants alike
A well-written lease agreement is essential for landlords and tenants alike. It sets clear expectations and protects both…
5 Tips for Effectively Managing Rental Properties – Boost Occupancy and Income with These Strategies
Are you tired of struggling to keep your rental properties occupied and generating income? As a property owner,…
Pet-Friendly Rental Environment
Are you a rental property owner? 🐾 Have you considered offering a pet-friendly rental environment? More than 70%…
Rental Market Trends in Your Area
As a rental property owner or property manager, it’s important to stay on top of the latest market…
How to Handle Tenant Issues
Owning rental property can be rewarding, but it also comes with its fair share of legal issues. Property…
Providing Excellent Customer Service to Tenants
As a property owner, providing excellent customer service to tenants is key to maintaining positive relationships and reducing…
Five benefits of having a well-written rental application
A well-written rental application is essential for successful property management. It’s your first line of defense in finding…
What’s in store for the property managers in 2023?
What’s in store for the property managers in the coming year? Here are a few trends and forecasts…
Conducting regular property inspections
As a property owner, conducting regular property inspections and maintenance checks is crucial to ensure the safety and…
Reduce Tenant Turnover
As a property owner, providing excellent customer service to tenants is key to maintaining positive relationships and reducing…
Managing emergencies and natural disasters
🚨🌪️ Managing emergencies and natural disasters in rental properties can be a challenging task for landlords and property…
Squatter Eviction 101 – A Comprehensive Landlord’s Guide
Squatters, individuals who unlawfully occupy an uninhabited property, can pose significant challenges for property owners. They can hinder…
HOA Management Simplified
Welcome to a world where community living is harmonious and hassle-free. This can be the world of Homeowners…
Why Price Isn’t Everything – Choosing the Right Property Management Company
Have you ever found yourself wondering if you’re truly getting the best service for your property management needs?…
The Ultimate Guide to Tenant Screening
Ever wondered why the tenant screening process is so crucial in the world of property management? Well, buckle…
Fair but firm – Effective communication for difficult property management conversations
Since 2010, I have been working as the Illinois Receiver managing properties in foreclosure in Illinois State Courts,…
How to handle tenant issues
One of the most common questions we get as property managers is how to handle issues that may…
A Historical Perspective on Receiverships – From English Common Law to the Illinois Receivership Act
Introduction Receivership, as a legal remedy, has evolved substantially over the centuries. Originating from the equitable jurisdiction of…
Understanding the Illinois Receivership Act – House Bill HB0028: Key Provisions and Impact on Receivership
House Bill HB0028 is a landmark piece of legislation designed to provide clarity and structure to the receivership…
Time management strategies for rental property owners
Time management is essential for landlords and property managers, who often have a large workload and many tasks…
The Importance of Regular Property Inspections: How to Ensure Your Investment is Protected
Regular property inspections are essential for protecting your investments and ensuring that they produce efficient yields. Property investments…
Areas We Serve
If you’re seeking a property management company that values integrity, delivers quality service, and guarantees tenant satisfaction, look…
Keep your rental properties in top shape
As a property owner, it’s important to prioritize regular property maintenance to keep your rental properties in top…
Maximize Your Rental Income
As a property owner, one of your primary goals is to maximize the income you receive from your…
Creating a successful rental property business plan
Creating a successful rental property business plan is essential for any property owner. A well-developed plan can help…
Setting rental rates can be a tricky business
Setting rental rates can be a tricky business. As a landlord, you want to make sure you’re charging…
How to screen tenants and find the best fit for your rental property
As a property owner, your top priority is likely to ensure the success of your rental business. One…
Revolutionizing Rent Collection
Ever pondered over the cumbersome process of traditional rent collection methods? The tedious trips to the bank, the…
Emergency Plan for Rental Properties
It’s important to have an emergency preparedness plan in place for your rental properties. ⚠️ Emergencies can happen…
Tenant Handbook
Creating a tenant handbook can be a game-changer when it comes to improving communication and transparency as a…
Screening tenants
Screening tenants is an important step in the property management process. By thoroughly vetting potential tenants, you can…
Illinois Flood Disclosure for Leases – What You Need to Know
Beginning in 2025, property owners in Illinois are required to disclose new information to potential tenants. The Illinois…
Keep up with local and federal laws and regulations
Keeping up with local and federal laws and regulations in property management is essential for landlords and property…
How to Handle Difficult Tenants and Resolve Conflicts
As a landlord, dealing with difficult tenants is an inevitable part of the job. Whether it’s conflicts over…
Handling rent increases and decreasing vacancies
Handling rent increases and decreasing vacancies can be a tricky task for landlords and property managers. But with…
Handling Tenant’s Maintenance Requests
As a property owner or a property manager, one of the keys to success is handling maintenance requests…
Building and maintaining a sense of community in rental properties
Building and maintaining a sense of community in rental properties is crucial to creating a positive living experience…
The Benefits of a Uniform Commercial Real Estate Receivership Act for Illinois: Is the Land of Lincoln Ready for Change?
The Benefits of a Uniform Commercial Real Estate Receivership Act for Illinois: Is the Land of Lincoln Ready…
Mastering Residential Leasing – A Landlord’s Guide
“What are the key responsibilities you must be aware of as a landlord in the residential leasing process?”…
Marketing Plan to Attract the Best Tenants
At Three Pentacles, PLLC property management, we believe that as a property owner, investor, or developer, it’s important…
What Impact Will the Illinois Receivership Act (HB0028) Have on Businesses in Illinois?
The passage of House Bill 0028 (HB0028), known as the Illinois Receivership Act, marks a pivotal shift in…
A security deposit is an important aspect of managing a rental property
Security deposits are an important aspect of managing a rental property. As a property owner, it’s crucial to…
The Ultimate Guide to Tenant Screening
Ever wondered why the tenant screening process is so crucial in the world of property management? Well, buckle…
Tips to help you improve tenant retention and increase lease renewals
Are you a property owner or manager looking to increase tenant retention and lease renewals? 🤔 Keeping good…
Dealing with property damage caused by tenants
As a property owner, dealing with property damage caused by tenants can be frustrating and stressful. However, it’s…
The Power Shift in Property Management – What the Illinois Receivership Act Means for Property Rights
On August 1, 2025, the Illinois Receivership Act was signed by the Governor and became Public Act 104‑0034,…
Revolutionizing Property Marketing
Struggling to find qualified tenants for your rental property? You’re not alone. Many property owners grapple with this…
Strategic Uses of a Receiver
In this article, I want to talk about three (3) potential applications of receiverships under the proposed Illinois…
Creating a successful budget for your rental properties
Creating a successful budget for your rental properties is essential for managing your business effectively. Here are 5…
The Hidden Price – The Cost of Bad Tenants
Ever pondered on the true cost of a bad tenant? Picture this: A property owner in Chicago had…
Marketing strategies for landlords and property managers
Marketing strategies are essential for landlords and property managers to fill vacancies and keep their rental properties occupied.…
A diverse portfolio of rental properties can bring benefits
A diverse portfolio of rental properties can bring many benefits to landlords and property managers. It can help…
Help! My Building’s in Receivership — What Should I Do?
A Practical Guide for Illinois Commercial Tenants If you’re renting space in a commercial building and you’ve just…
Illinois Receivership Act, HB0028 and Judicial Oversight – Balancing Efficiency with Accountability
The Illinois Receivership Act, HB0028, represents a significant shift in how distressed properties are managed and rehabilitated under…
FAQ’s on the Illinois Receivership Act
With the Illinois Receivership Act pending Governor Pritzker’s signature, this article aims to provide an overview of the…
Use of a Receiver by Municipalities under the Illinois Receivership Act
In this article, I want to explore use of a receiver by municipalities. Under the forthcoming Illinois Receivership…
Technology in property management do business
Technology has revolutionized the way property managers do business, offering a wide range of tools and solutions to…
A New Era for Commercial Receiverships
House Bill 28, known as the Illinois Receivership Act, has successfully passed both chambers of the Illinois General…
The role of property managers in energy efficiency and sustainability
💡🌱 The role of property managers in energy efficiency and sustainability is becoming increasingly important as society places…
Navigating the Rental Market: How to Price Your Properties for Success
Maximizing your rental property revenue and minimizing vacancy all starts with the right price. To ensure that you’re…
Effective Communication with Tenants
At Three Pentacles, PLLC, we believe that effective communication is a critical component in maintaining a positive landlord-tenant…
How Commercial Real Estate Workouts in Illinois Evolved from 2008 to 2025
Commercial real estate (CRE) workouts have undergone significant changes in Illinois from 2008 to 2025. The economic backdrop,…
Evanston, Illinois, Residential Landlord-Tenant Ordinance (RLTO) Effective January 2025
Evanston, Illinois: Amendments to the Residential Landlord-Tenant Ordinance (RLTO) Effective January 2025 As of January 1, 2025, the…
Offering Amenities in Rental Properties
Are you a property owner or manager wondering how to attract and retain high-quality tenants? 💼 Offering amenities…
As a landlord, you have a responsibility to ensure the safety and comfort of your tenants
As a landlord, you have a responsibility to ensure the safety and comfort of your tenants. Regular inspections…
Residential Tenant Fraud on the Rise
Three Pentacles, PLLC has been dealing with and detecting tenant fraud for years. However, fraudsters are getting bolder…
Protect your rental properties from potential insurance and liability issues
Protecting your rental properties and tenants from potential insurance and liability issues is a critical aspect of property…
Less Stress, More Success: The Power of Hiring a Property Management Company
As a landlord, the journey of owning rental property can be both exhilarating and demanding. With an array…
Fair Housing Laws and equal access to housing
Did you know that as a property owner or manager, you are required to comply with Fair Housing…
The Importance of Regular Property Maintenance and How to Handle It
As a property owner, you know how important it is to maintain your rental properties. From keeping them…
Dealing with difficult tenants
Dealing with difficult tenants can be a real headache for property owners. But with the right strategies and…
Are you struggling to build and maintain strong relationships with vendors?
Are you struggling to build and maintain strong relationships with contractors, vendors, and other service providers in the…
Building and maintaining relationships with contractors and vendors
Building and maintaining relationships with contractors and vendors is crucial for landlords and property managers to keep their…
Handling tenant complaints and concerns
Handling tenant complaints and concerns can be a delicate task for property owners. You want to make sure…
Don’t let late rent payments and evictions weigh you down
Handling late rent payments and evictions can be a real headache for landlords. But don’t worry, there’s a…
An update on the Illinois HB0028 – the Illinois Receivership Act
Illinois House Bill 28, known as the Illinois Receivership Act, has made significant progress in the 104th General…
Effective communication with tenants
Effective communication with tenants is essential for any property owner/manager. Here are 5 tips to help you communicate…
The power of online marketing tools for your rental properties
Are you ready to take your rental property game to the next level? Say goodbye to traditional, time-consuming…