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The Short-Term Shop

Erica Dike’s Data-Driven Approach to Short Term Rentals

Erica Dike’s Data-Driven Approach to Short Term Rentals

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Erica Dike’s Data-Driven Approach to Short Term Rentals

Erica Dike is an interior designer specializing in data-driven design for short-term rentals and investment properties. With a background in business analysis, she merges design with data to optimize investment returns. Having completed 73 short-term rental projects across various markets, Erica offers both in-person and virtual design services.

Avery: Hey guys, welcome to another episode of the short-term show. Today we have a really cool guest. Her name is Erica Dike, and she is a designer, but she has a different approach than other designers that we’ve had on the show before. So, I think you guys are going to find this really interesting. I’ll go ahead and introduce her now. Hi, Erica, how are you?

Erica: Hi! I’m doing well, thank you so much for having me on your show.

Avery: Thanks for coming on. Can you just kind of give yourself a brief introduction of what it is that you do in the design world?

Erica: Yeah, sure. So, I am an interior designer. I work with busy professionals to design their residential spaces as well as their short-term rental spaces. But I do something called a data-driven approach to design. My background is in business analysis, and when I got into the short-term rental field, I decided to merge those two together. Because with short-term rentals, you’re not just designing a space; you’re designing an investment property. So designing it with data is kind of the only way to guarantee that investment.

Avery: That’s fascinating. Could you tell us more about how that works?

Erica: Absolutely! Over the years, I’ve worked with different investors, and I’ve been doing this for six years now. I just finished my 73rd short-term rental, so I’ve had a lot of time to hone and fine-tune this approach using data. That’s what I did with all 73 rentals.

Avery: Wow, 73! That’s a lot. What markets are those in?

Erica: They’re all over! I’ve done projects in places like the Poconos, Houston, Dallas, and Arizona. It’s kind of all over the place. I offer both in-person and virtual design, so I don’t have any service barriers when it comes to working in different markets.

Avery: That’s great. Do you have a favorite market you’ve designed in so far?

Erica: I do have a favorite market, but I actually haven’t designed in it yet. I’m hoping to do something in Florida soon!

Avery Carl

Avery Carl

Avery Carl was named one of Wall Street Journal’s Top 100 and Newsweek’s Top 500 agents in 2020. She and her team at The Short Term Shop focus exclusively on Vacation Rental and Short Term Rental Clients, having closed well over 1 billion dollars in real estate sales. Avery has sold over $300 million in Short Term/Vacation Rentals since 2017. An investor herself, with a portfolio of over 100 Doors, Avery specializes in connecting investors with short term rentals with the highest ROI potential, and then training them to manage their short term rental from their smart phone from anywhere in the world.

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