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All Forum Posts by: Luke Okane

Luke Okane has started 11 posts and replied 19 times.

Post: Where to begin

Luke OkanePosted
  • New to Real Estate
  • Schaumburg, IL
  • Posts 19
  • Votes 14

Yes totally, I’d love to learn!

Post: Where to begin

Luke OkanePosted
  • New to Real Estate
  • Schaumburg, IL
  • Posts 19
  • Votes 14

       Hello, my name is Luke O'Kane and I am a current senior in high school. I have been interested in real estate investing for a few years now and have done a lot of personal research from listening to podcasts, reading books, learning simple comp skills, and being an intern this past summer. I have large ambitions to begin my own portfolio in the near-ish future and was wondering what you guys would do if you were in my shoes to best prepare me to be an eventual investor. Thank you so much and happy holidays.

Post: Good microeconomics books

Luke OkanePosted
  • New to Real Estate
  • Schaumburg, IL
  • Posts 19
  • Votes 14

Anybody know of any good books on microeconomics?

Post: analyzing a property

Luke OkanePosted
  • New to Real Estate
  • Schaumburg, IL
  • Posts 19
  • Votes 14

What are your guys favorite websites to analyze rents per unit of multifamily?

Post: starting off as an agent

Luke OkanePosted
  • New to Real Estate
  • Schaumburg, IL
  • Posts 19
  • Votes 14

What are the pros/cons of starting off as a new real estate agent in a smaller or larger brokerage?

Post: rent by the room

Luke OkanePosted
  • New to Real Estate
  • Schaumburg, IL
  • Posts 19
  • Votes 14

I've seen the astounding results rent by the room can have and was wondering if anybody here had any experience in this as I had a few questions regarding it. Does this strategy seem too intense for a first shot in the rental world? Also what type of markets have seemed to support this model best? How do you decide on the number of tenants able to fit in one property as I know its more complex than purely bedrooms, not speaking about legality's though. Lastly how do you decide on the rent per tenant as this model is so unique?

Post: careers to investing

Luke OkanePosted
  • New to Real Estate
  • Schaumburg, IL
  • Posts 19
  • Votes 14

I understand starting off that you need a job to get started investing and you probably will need to keep it for a while until you really establish your portfolio. I am still in high school and am debating my career paths as I know I want to work in real estate, just hopefully one day make the switch to a full time investor. I have been thinking of becoming a realtor right after high school to establish my connections and grow a team. I have also thought of going into the more W2 role such as working as an analyst or even working a W2 outside of real estate just to gain capital to buy these investments. Any thoughts or advice?

Post: Possible career choices

Luke OkanePosted
  • New to Real Estate
  • Schaumburg, IL
  • Posts 19
  • Votes 14

.

Post: Possible career choices

Luke OkanePosted
  • New to Real Estate
  • Schaumburg, IL
  • Posts 19
  • Votes 14

I’m still in high school and want to ultimately obtain a large short term and long term rental based porfolio but would like to work in real estate in the mean time to procure the capital to begin this. Any thoughts on having a career in aquistions and then ultimately leaving it to focus entirely on investing  to small multi family and possibly syndications later on as I would have the experience in commercial re?

Post: Anybody in Illinois offering internships?

Luke OkanePosted
  • New to Real Estate
  • Schaumburg, IL
  • Posts 19
  • Votes 14
Quote from @Jonathan Klemm:

@Luke Okane you've got the right people on this thread to go in the right direction here in chicago.  I saw you message me so look forward to connecting offline.

@Chris Seveney Awesome to see you here on BP too.  GoBundance is representing hard.  Love it!

 I would greatly appreciate that