He’s more concerned that Airbnbs are taking away housing options in a city where housing prices are skyrocketing. He adds that he lived next to far noisier neighbors in his old apartment in South End. įollis says he’s not troubled by the “young kiddos with their loud music and their beers” - “we live in a big city,” he says. Two years later, Follis looked out at his window and saw a group had taken over the driveway of the same Airbnb duplex and was filming what looked like an amateur rap music video. If you look closely, you can see that he appears to be urinating on Follis’s back tire: The party-goer then gets out of the car and stands, oddly, at the back of Follis’s car for 15 seconds. When he watched the security video, he saw a man leaving the Airbnb party get into a crookedly parked car. The next morning, Follis found an empty Coke can sitting on the trunk of his Audi, so he decided to check his security camera. One night four years ago, next-door neighbor Steven Follis says, a renter threw a party with eight cars parked on the street. And nobody - not the owner, Airbnb or the city - seems to be able to stop the parties. But neighbors say it’s not like the other houses in their neighborhood - it’s an Airbnb that sometimes doubles as a party house. The 1,840-square-foot duplex on 7th Street looks like many townhouses in Elizabeth. Although each listing is advertised for up to six guests, neighbors have witnessed large parties with over eight cars parked in the driveway and on the street. (Ledger photo-house number obscured for privacy reasons) Take a look at our list of handpicked properties that would make great Airbnb rentals and be sure to read our top tips for being a good Airbnb host under the properties below.Both sides of this duplex on 7th Street in Elizabeth are listed on Airbnb. The nightly rates vary so it’s a good idea to focus only on what you can afford and which properties are probable to give you a return on your investment when the yearly numbers are crunched. There are all kinds of properties on Airbnb ranging from 1 bedroom condos downtown to single-family homes with multiple bedrooms. Keep in mind the time of year is another important aspect to consider as you may make the bulk of your profit in certain months depending on your location. Properties near tourist attractions, business centers, shopping, dining and public transportation will give you the most bang for your buck. Location is definitely one of the most important qualities to look for in a lucrative rental. You’re probably wondering what makes a great Airbnb rental and where can I find one? They also have no plans on slowing down considering its cash flow is expected to reach over $3.5 billion by 2020. In fact, over 140 million guests have stayed at Airbnb properties since the site’s founding in 2008. But… the times are changing! With the use of technology and an Uber-esque business model, Airbnb has joined the hospitality big leagues and puts the rental power in YOUR hands. Not too long ago, many vacationers would have found it questionable to rest their head after a long day anywhere but a traditional hotel.
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