Thinking of posting your home or work parking spots when they are empty or idle? Well, you’re smart. WAY smart. If so, we’d like to present you with a little basic math that will persuade you exactly why that really IS a good idea. Below are two examples of the potential that an empty parking space has to earn you money.
So, let’s start with posting it only on the weekdays:
You have a great parking spot near a busy area and it’s empty every day while you’re at work for 8 hrs. (Who only works 8 hours these days, right?) A nearby garage or parking lot charges people $4 an hr. but after 2 hrs. the price jumps to an all day price of say, $25. (This is actually conservative. Many cities or suburban areas where parking is constrained charge much more daily.) Now you post your one parking spot for slightly less - let’s say, $20 for one full day - on SpotScout. Weekly, that could earn you $100 or $400 MONTHLY. That’d pay a couple of bills wouldn’t it?!
Let’s try another example but this time, we’ll do it hourly. You post your parking spot for $4 an hr., rather than giving it a flat daily price. That’d be $32 you could earn for an 8 hr. reservation for just ONE parking space! Weekly, that could be $160 and monthly, $640. That could cover a lot of dinners out, maybe even a plane ticket to someplace warm and sandy.
Here are also few basics thoughts to consider, too.
1) A parking spot as ‘a commodity’ rarely can be damaged - no matter how often it is used or exchanges hands. This makes it extremely easy to trade with others.
2) With SpotScout, you can set the ground rules of its use by others. E.G. ‘Please don’t and leave trash’, ‘don’t stay late’, or ‘keep noise to a minimum.’ You also rate the reserving party you’re trading with after it’s over.
3) You can charge WHATEVER you feel the demand at the moment will pay for it. Think it’ll go for $40 a day, or $100 for an entire weekend or for the big game? Go for it!! Daily, Nightly, Hourly, SpotScout gives you ALL the options for your spot to earn the most it can!
So, what’s stopping you!?
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