Parking investing means owning parking facilities, surface lots or structured garages, that generate revenue from drivers paying to park, whether hourly, daily, or via monthly contracts.
Log in to followAfter five years running a service business, the thing that finally moved my balance sheet wasn't the business. It was solving a parking problem badly enough that I had to buy dir…
Closed out an LP position last quarter and it worked, though not for any reason in the original deck. Deal was a 300-space structured garage in a mid-size downtown, three blocks f…
Six-level garage in a secondary downtown, bought into it as a minority partner in 2021. 240 spaces, the underwriting leaned on 71 monthly contracts at $145 covering fixed costs an…
Small one, 22 spaces on a corner in a college town, bought it for $140k because it looked like the simplest thing I'd ever own. No roof, no plumbing, no tenants calling at 11pm. I…
This is a small win and I want to be clear about the scale before anyone gets excited. I've been holding 40 acres on the edge of a growing small town for going on seven years, wai…