Renting A Parking Space

How To Make More Money Renting Out Your Parking Space

Have you ever thought to yourself how much money is made by the car parks in your local town, village or city? Wouldn’t it be nice if you could also take a slice of that revenue?

Parking your car has become a nightmare these days and is fast becoming a bugbear with many motorists. It seems that everywhere we go these days, you have to pay for parking and even if there are no parking meters on the street, you need to been in possession of a parking permit that entitles you to park on the street! This is becoming an ever increasing problem, especially for people who work in the major towns and cities throughout the UK and who rely on their car to get them to and from work.

People are becoming fed up with having to pay the extortionate parking fees that are now in place and are starting to search for more cost effective alternatives to park their cars.

The good news is, if you have spare land or space at your house or business premises, you could be the answer to their problem and also earn a nice little income in the process.

Parking is big business and you too could have your slice of the revenue that is generated from it each year!

Parking Is Big Business

When you sit back at look at how many cars are parked in every town and city throughout the UK each day, it’s not hard to see why the former owners of NCP car parks are some of the richest men in the country.

After a modest investment of just £200 in the late 1940’s, Ronald Hobson and business partner Sir Donald Gosling founded ‘Central Car parks’. The pair first bought a plot of land in Holburn (London) and converted it into a car park. In 1959, they then took over NCP which was originally founded by the late Colonel Frederick Lucas. In 1998 NCP was sold to an American company for £801 million! Not a bad return on an original investment of £200!

Ok, so you probably won’t earn millions of pounds renting out your parking space (unless you have a large plot of land) but it just goes to show how much money is in Parking and that people are willing to pay to park their cars in a safe environment.

The very fact being that you can now rent out your spare parking space(s) to people that require parking and in the process make a nice little income throughout the year.

How Does  Renting Out Your Parking Space Work

The business model is very simple. Basically if you have spare space at you residential or commercial property, you can rent it out to people who would like to park their car in a safe and cost effective place. You will first need to register your parking space(s) and then you are set to go!

Registering Your Property And Parking Space(s)

The registration process could not be easier. Simply register for FREE and add your space. Provide a little information and description about the parking space(s) you have available and once you have registered, your space will be live and available for rent.

How Do People Find You

Once you have your property and space registered as available, it will then be added to the database. When people search for available parking spaces in your area, your property will show up in any of the searches that are made by people looking for parking spaces in your area.

Who Will Be Renting Out Your Parking Space

There are a wide number of possibilities for why people will rent your parking space and it all depends on where you are located. Many people will be looking for cheap parking when they are going shopping, going to work, visiting an event in the city such as a concert, going to a football match or
when they are going away on holiday or business and need to leave their car near the airport. Whatever their reason may be for requiring parking, the chances are that you will be able to accommodate somebody’s needs.

Why Register Your Property

Let’s face it, if you have spare space at your house or business premise’s that is available for parking, why not register it? It won’t make you a single penny if you don’t register it and it will be space that is wasted if you don’t! The simple fact is, that when your spare space is registered, it then gets added to a database and if people are searching for parking spaces in your area, you will appear in the search results. Even if you only rent out your space a couple of times a year and receive a few pounds for doing so, surely it is better than receiving nothing if you hadn’t registered! If you are located in a prime area such as a major city or near an airport, you could find that you are busy all year round and it could be a very worthwhile and lucrative decision on your part!

The Whole Process Of Renting Out Your Parking Space Made Easy

There are several companies that will manage all the booking process and take payments on your behalf but one of the leading companies is ‘Just Park’. Registration is FREE and if you wish to register, you will need to visit their website () and simply enter a few of your details such as your location, who you are and include a photo of the space you wish to rent out. Once you have registered your space(s) ‘parkatmyhouse’ will do everything else for you. They advertise your space for rent, they will deal with all the bookings, payments and will then pay you your earning!

Summary:

If you are looking for ways on how to make more money and have spare space that is doing nothing, then this little money earner could be a great opportunity for you. It is FREE to set up and could make you a nice little extra income each year at no cost to you if you choose to start renting out your parking space. Signing up for FREE today, could be  one of the first steps to help you start making money Online from your home.