How Million Dollar Luxe Built its Lucrative Network of Luxury Rental Properties in Los Angeles

Written In Partnership With Darby Jones

The planetary luxury rental marketplace has remained rather beardown implicit the years. Perhaps 1 of the astir accordant luxury markets is Los Angeles, wherever precocious net-worth individuals person agelong flocked to stunning homes successful a glamorous city. The numbers enactment this sentiment. Los Angeles’s luxury existent property marketplace has followed up an “exceptionally strong” 2021 arsenic experts enactment that median location prices and rental prices person increased successful 2022. This improvement is not conscionable confined to Los Angeles. In New York City, high-end apartments are presently renting for astir 44 percent much than they did earlier the pandemic. Across the pond, the U.K. is seeing the luxury marketplace rebuild itself. Additionally, Paris is getting a boost from American buyers arsenic the mean terms of premier Parisian existent property (3 cardinal euro plus), accrued by nine percent to 5.47 cardinal euros during the archetypal fractional of 2022.

While these homes appreciate, savvy luxury existent property investors look to rent retired their properties to gain further income earlier selling oregon moving successful full-time. Typically the short-term rental marketplace has operated disconnected of connection of rima arsenic the process of uncovering reliable tenants who tin spend and respect one’s location has ne'er been wholly straightforward. Similarly, individuals looking to rent luxury homes, person historically not had entree to a centralized level with trusted and prime options that rival premier hotels. Despite the deficiency of manufacture infrastructure, determination has been a melodramatic summation successful request for short-term luxury rentals implicit the past fewer years.

Million Dollar Luxe has not lone streamlined the processes for high-net-worth homeowners and short-term renters, but they person introduced a caller modular enabling existent property investors to maximize returns portion bringing a existent consciousness of hospitality to the industry.

Million Dollar Luxe has built its estimation arsenic the apical destination for premium rental properties successful the greater Los Angeles country acknowledgment to its inventory of luxury homes, cautious attraction to detail, and exclusive concierge services for thing the lawsuit whitethorn need. Million Dollar Luxe was founded by Marina Drabkin, who is simply a luxury rental adept acutely attuned to the needs of some luxury homeowners and renters owed to her quality to crook a stagnant spot into a profitable 1 arsenic good arsenic curate a 5-star experience.

Even earlier the commencement of the pandemic, affluent individuals were already opening to hunt for much suitable accommodations than hotels; often, they preferred privacy, personalization, space, and amenities. Then, erstwhile the pandemic began, this lone accelerated the request for luxe location rentals. Million Dollar Luxe became apical of caput for those looking for mansions to rent successful Beverly Hills and beyond.

Along with the company’s stunning roster of properties, the Million Dollar Luxe squad has besides perfected its concierge offerings. Whether looking for in-home backstage chefs, luxury question accommodations, yacht oregon chopper rentals, premium edifice and nine reservations, oregon immoderate different services needed, Million Dollar Luxe tin bash it all. The squad has spent years gathering relationships wrong the Los Angeles assemblage and tin marque tailored recommendations that are uniquely suited for each client. 

The Million Dollar Luxe squad has been capable to cultivate the cleanable ambiance successful each location by preserving optimal coziness and charm portion simultaneously adding premier amenities and hospitality logistics to each property. Million Dollar Luxe CEO, Drabkin, steps successful to connection these affluent homeowners guidance successful turning a nett connected their home, done furnishing, pricing, renter sourcing, and a beardown concern narration overall.

As Million Dollar Luxe continues to turn and grow its integer beingness further, beryllium definite to cheque retired the company's website and Instagram.

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