All Forum Posts by: Luke Okane
Luke Okane has started 14 posts and replied 22 times.
Post: Possible Property Inspector

- New to Real Estate
- Schaumburg, IL
- Posts 23
- Votes 18
Hello, I am a 19 year old full time college student who currently does turnover inspections for a property management company. These inspections are pretty superficial, taking only about 1hr and make about $85. As I want to increase my income in order to buy my first investment property, I have thought of becoming a licensed inspector. While I do know being an inspector is not what I want to do as a career, I was thinking during my next 3 years in college I could work weekends and summers in order to boost revenue. Is this a feasible idea? I know there is an initial investment of time and money so I was just seeking advice as to see if this was a smart plan, or if I am better off seeking opportunities elsewhere.
Post: Entry into Real Estate

- New to Real Estate
- Schaumburg, IL
- Posts 23
- Votes 18
Hello, I am a 19 year old college student majoring in engineering who wants to start making money within real estate. I have about 20k saved up and want to buy a house to house hack within the next 3 years but am not totally sure what my next move would be. I currently do turnover inspections for a property management company which I enjoy, but need to start increasing my income if I want to afford a house in the near future. Any recommendations on side hustles within real estate to help build my income for my first property?
Post: Student Rentals Near University Illinois Urbana-Champaign

- New to Real Estate
- Schaumburg, IL
- Posts 23
- Votes 18
My friend and I will be transferring to University of Illinois Urbana-Champaign Champaign fall 2026 and want to buy a property and rent out the rest of the rooms to fellow students. I am thinking maybe a duplex, but really anything with the most rooms that can fit our budget will work. Does anybody know any good real estate agents within that area? The properties available in that area fitting our criteria are around 200-250k, and we have around 45k combined saved. Using a FHA loan with 3.5% down, is this a feasible goal considering our income will be minimal during the school year?
Post: Where to begin

- New to Real Estate
- Schaumburg, IL
- Posts 23
- Votes 18
Yes totally, I’d love to learn!
Post: Where to begin

- New to Real Estate
- Schaumburg, IL
- Posts 23
- Votes 18
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

- New to Real Estate
- Schaumburg, IL
- Posts 23
- Votes 18
Anybody know of any good books on microeconomics?
Post: analyzing a property

- New to Real Estate
- Schaumburg, IL
- Posts 23
- Votes 18
What are your guys favorite websites to analyze rents per unit of multifamily?
Post: starting off as an agent

- New to Real Estate
- Schaumburg, IL
- Posts 23
- Votes 18
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

- New to Real Estate
- Schaumburg, IL
- Posts 23
- Votes 18
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

- New to Real Estate
- Schaumburg, IL
- Posts 23
- Votes 18
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?