Parking Spaces.

Anybody buying & renting parking spaces in large metropolitan areas?

I own one now and I am about to rent it which got me to thinking am I overlooking an opportunity?

Comments(2)

  • finniganps8th September, 2008

    No experience in this area, but keep in mind that many large cities, assess parking taxes on the revenue so check the local requirements if you get into this business.

  • ypochris22nd September, 2008

    I was considering this myself after paying $26 a day in Chicago- and the lots were full! It seems you could get a nice return on downtown vacant property with little improvement...

    Chris

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