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Updated over 1 year ago on . Most recent reply

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Renting Parking Spaces in Residential Properties

Posted

Hello, 

My name is Alex and I own a parking spot which is currently occupied to a tenant I trust, however, I'm very new at this and it's hard to find information specifically about owning residential parking spots and renting them out. 

Is there any advise you have, book, podcast or anything that you recommend so I can get more knowledge about the topic? 

I already read The Book on Rental Property Investing by Brandon Turner and it was a fantastic book, however now I'm looking for more specific information about this use case.

Thank you, 

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Jonathan Klemm
  • Contractor
  • Chicago, IL
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Jonathan Klemm
  • Contractor
  • Chicago, IL
ModeratorReplied

That makes sense @Alexandra Machado.  Chicago is a great city to own parking spaces !

Make sure to @ the people you respond to so they get a notification @Paul De Luca and @Logan M.

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