Designing Million-Dollar Rentals: Ishita Lalan’s Bold Approach to Short-Term Rental Design ROI
Description
Are you ready to turn your short-term rental from basic to breathtaking—and bankable through strategic short-term rental design?
In this high-impact episode, I sit down with Ishita Lalan, a powerhouse designer who's redefining what it means to design for profitability. With a background that spans architecture, Bollywood set design, and over 300 short-term rental design projects, Ishita brings a unique, globally inspired approach to transforming properties into wealth-building machines.
We explore how intentional short-term rental design can dramatically boost your property's value—sometimes by hundreds of thousands of dollars. Ishita shares the story of a once-overlooked Asheville home that skyrocketed from $850,000 to $2.1 million in just four months through targeted design upgrades.
But this conversation goes way beyond aesthetics. From maximizing "heads in beds" to leveraging market-specific design strategies, Ishita reveals the behind-the-scenes decisions that separate top-performing rentals from the rest. She also unpacks the costly mistakes investors often make—and how to avoid them if you want real ROI.
If you're ready to see your short-term rental as both a stunning space and a serious investment, this episode will show you exactly how to design with purpose, power, and profit in mind.
HIGHLIGHTS AND KEY POINTS:
[00:59 ] A short introduction about our guest Ishita Lalan and shares the foundation of her work as both an investor and a designer
[03:12 ] Ishita shares how short-term rental design makes it the perfect culmination of her life experiences and professional passions
[08:36 ] What are some of the best upgrades that Ishita is seeing to drive impact when it comes to return on investment with property upgrades these days
[15:11 ] How Ishita manages multiple projects across different geographies successfully and opens up about a challenging project in Tennessee that didn’t go as planned
[19:03 ] Ishita breaks down how thoughtful design, strategic layout changes, and underutilized space conversions can unlock major equity gains and long-term wealth
[27:09 ] What are some of the most common mistakes that Ishita is seeing these days in short term rental design
[31:34 ] Ishita shares how strategic design—even within the confines of a small condo—can create impact, boost functionality, and help listings stand out
[37:52 ] Ishita shares how thoughtful, minimalist, and upscale design plays just as vital a role in urban rentals as it does in vacation properties
[43:22 ] Ishita explains the importance of the design process should be collaborative, phased, and tailored—not a one-size-fits-all handoff
[45:52 ] Why Ishita encourages getting a designer and emphasizes the importance of designing with detachment, market appeal, and long-term goals in mind
[48:49 ] The lightning round
Golden Nuggets:
- “Short term rental has been a game changer in my life as an investor. It has literally changed our lives, not only my own, but it had a ripple effect in our family's life as well. We are able to have financial freedom.”
- “We need to be able to be in constant communication with our contractors. And setting expectations for those contractors is absolutely critical.”
- “I'm a big believer that a vacation should start from the minute your guest steps in on your doorstep, and they should feel like that's where the vacation starts.”
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Let’s Connect!
Instagram: https://www.instagram.com/ishita.interiors
Facebook: https://www.facebook.com/ishita.nagda/
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