General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply

Creative Off-street Parking Strategies
Hello Everyone,
New member here interested in hearing tips, tricks, and creative solutions you've used to optimize off-street parking. This is a fourplex with three individual garage stalls plus a large 'L' shaped driveway, and there are currently eight vehicles that need to be parked somewhere.
As of now, there is no policy in place, which is not ideal. I would like to get this squared away over the next few days. What systems have you used successfully? How would you go about implementation with tenants already in place and leases already signed?
Thanks in advance,
Albert
Most Popular Reply

If you feel like you dont want to upset the tenants, you may want to look at where they currently park. Develop a plan of where you'd like them to park and then implement it piecemeal as each tenant moves out...sorta playing tetris with the parking spots.
If you are OK upsetting the tenants, develop a plan. Give them a 30 day notice that this is how it is going to be and implement it. Maybe add a fee if they are parking in someone else's spot. I have implemented an added fee for garage parking when there is limited garage parking spots.