In any city, the demand for rental properties remains strong. For newcomers, finding a rental home is often an immediate need. However, searching for a rental property can be exhausting, with the right home feeling like a distant dream. In this context, Ankit Lodha has made a significant impact in the rental market. He founded a company named LA Empire in New York and made waves in the global rental and vacation market as a first-generation entrepreneur.
Having witnessed several scams and gaps in the U.S. rental market, he established LA Empire in 2022 to offer a new kind of experience for rental home seekers. Within just two years, his empire expanded significantly. Not only did he acquire 30 properties, but their value also soared to Rs 250 crores. The company’s portfolio now spans from rental properties to vacation homes, corporate housing, and student accommodations. By introducing the mid-term rental concept, he has offered flexible leases ranging from a month to 11 months. Additionally, he has curated unique vacation experiences for his clients.
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