Merilee Karr is the CEO and Founder of UnderTheDoormat. Her vision is to make short term rentals a possibility for everyone. She’s been featured on many different news outlets, and although she’s been in the UK for the last 20 years, her experience is incredibly valuable for the US short-term rental market.

UnderTheDoormat believes there is more to short-term rentals than posting an opening on AirBnB. They’re looking to capitalize on the 300 billion dollar short-term rental market. UnderTheDoormat knows that people are valuing flexibility higher and higher, and are looking to support that market need.

In This Episode, We Cover:

•  What you can do with the 330 billion dollar short term rental market to improve your investments
• How short term rentals are evolving with business trips and expenses
• What residents want in the current housing market
• How to prepare for short term rentals instead of just putting it up on AirBnB
• Who the best target market for short term rentals is going to be
• How it’s more than just a way to control vacancy
• Why subletting is a powerful option for any multifamily property
• What operating models are available to make short term rentals a success
• How even a 1% change can completely change the profitability of a property
• How short term rentals better let you follow the weekly and monthly changes in prices to maximize revenue

Merilee Karr

CEO and Founder of UnderTheDoormat

Additional Resources

UnderTheDoormat

Register for the 2023 Multifamily Investment Summit

Wealthy Apartment Investor Podcasts

Paul Colgan is the Managing Partner for EA Americas, and is the Government Affairs Consultant for the Home Builders Association of Greater Chicago. He’s heavily involved with how governments are handling the desire to be more environmentally friendly in real estate.

This Episode Discusses:

• How the private sector (like Salesforce) is pushing a reduction in business’s carbon footprint onto other businesses
• How the government is pushing for verification and monitoring of carbon footprints of companies
• Why you need to be ready for federal regulations to come into play and how to prepare
• Why you need to be following an international standard for regulating your carbon footprint
• What the timeline for decarbonization plans is going to look like
• Companies and investors want to be more environmentally friendly
• What your first steps to working on your ESG should be

Paul Colgan

Managing Partner for EA Americas and the Government Affairs Consultant for the Home Builders Association of Greater Chicago

Parag Goswami is the co-founder and CEO of clik.ai. He previously owned an underwriting company and saw the pain of the repetitive tasks being handed to college graduate professionals. Using his incredible background in technology and computers, he created a solution. 

Clik.ai is an AI powered platform that aims to make underwriting fast and painless. It tackles the problems that asset managers, banks, investors, and more face in the real estate market. Clik.ai knows that having a fast underwriting process can allow users to execute on deals before the competition. 

This episode discusses:

• Why underwriting needs to be done by an AI instead of by hand
• How AI can turn 4 hours of underwriting into 4 minutes
• How underwriting AI lets investors capture opportunities that would otherwise be lost
• What it means for AI underwriting to be the new industry standard and how to use it to make better investments
• What makes clik.ai stand out from the rest of the growing underwriting AI niche
• Why access to underwriting AI drives profits for both the biggest and smallest companies 

Parag Goswami

Co-Founder and CEO of clik.ai