How to estimate the sale price or rent of a car park ?

Knowing how to estimate the sale price or the rent of your car park is very important, but for this reason a few parameters are important. Indeed, each car park has its own specificities, which complicates the estimation and makes the study difficult. This step is essential to have a good positioning on the market in order to find the right tenant or buyer.

It is necessary to define the specificities and the advantages of your location :

You must understand that the price depends on the market, more precisely on local supply and demand. This differs according to the particularities or characteristics of the site to be rented or sold.

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Anna invests in a motorcycle parking lot in a big city

Photo parking moto à Paris

I have finally acquired my 12 spaces for two-wheeled vehicles. Ideally located in a big city district, in the basement of a building guarded and placed under telesurveillance.

Congratulations Anna, tell us about your acquisition

It all started while I was browsing through the classified ads. I saw a classified ad that had just been published about this lot of twelve parking spaces for two wheels. Interested, I contacted the owner to visit the property and the next day, I got an appointment to visit it. The visit went well. I liked the pitches, the neighborhood as well and I thought there was a possibility to do something good with this parking lot. So after some calculations and some time to think about it, I made a proposal to the owner. We managed to come to an agreement.

And on Monday, I signed the purchase of my parking spaces. However, I would like to share with you an interesting experience that took place at the notary’s office. I visited this parking lot in March and committed myself to purchase it ; by registered letter with acknowledgement of receipt from the owner at the beginning of April in accordance with the instructions of the notary. On Monday 15 June, I went to the notary’s office to sign the sale. At the time of the signature, the notary turned to my seller with whom I had had a very cordial relationship for months and said to him “let’s start with the things that annoy !”. My seller immediately says “yes, by the way ; I don’t want to pay for this bill because I won’t benefit from it”. I want the buyer to pay”. Needless to say, at the time I didn’t understand what was going on.

In fact, it is electrical work voted by the trustee of the building in which my sites are located. These works have been voted since the month of March, my owner was therefore. Of course, aware of all this and was careful not to let me know and waited until the last moment because he had no choice but to let me know that the owners would each have the modest sum of $ 2,500 to give for these works. On the day of the signing, he tried to do everything he could to make me pay this salty bill.

What argument did you put forth for not paying

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The crazy project of some members of the club

Entrepôt sur Coutouvre 42

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You too will know how to invest well !

Warren Buffett

The name Warren Buffett certainly doesn’t ring a bell. Did you know that at more than 80 years old he is known and recognized as the biggest investor on our planet? We are going to present you his method to help you better invest on a daily basis.

warren buffett

The man of a thousand accomplishments

In his personal professional life, everything works out for this businessman and investor of American origin who is nicknamed “the oracle of Omaha”. He has been one of the richest men in the world since the beginning of the 21st century. The most cited example is the purchase of his family home. Purchased $ 31,500 in 1958, it is estimated today at more than $ 265,000. The advantage of real estate is that the value of a property will change over time according to several parameters, it is a bit the same with parking lots and garages some will increase in value and others will not. His company Berkshire Hathaway after 50 years is now worth billions of dollars. Mr. Buffett is involved in the finances of very large, world-renowned companies (Coca-Cola, IBM, American Express, Apple, etc.).

A method within the reach of any contractor

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A real estate investor turns to car parks

Discover the presentation of Andrew, a new member of our community, an experienced investor in residential real estate and housing by investing in several investment properties. He explains to us why he is now turning to parking and garage real estate.

Andrew, a new member of our club introduces himself

Before introducing myself, thank you to Christopher for taking the trouble to call me as a new member that I am. We can see that we are not here on a “cash machine” commercial platform (I know one on the subject of garages precisely…). But rather on a collaborative site with members and not customers to exploit.

I worked as a professional (psychologist) until mid-2016, but I also did many other things; university lecturer, beekeeper, book author, manager of a tourism residence… More than half of my working time has always been self-employed. Whether it was the pension scheme for employees or the self-employed I did not expect to be able to keep my income. And now that I’m retired… I can confirm it ! And it could be worse for those younger than me.

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Earn money with your internet purchases

The Internet commerce sector is still growing. You are certainly part of the majority of French people who make online purchases. But are you familiar with the principle of cash-back? Some sites offer you to earn money as soon as you make a purchase on the web with discount coupons, promotion codes or by refunding part of your purchases.

How a cashback website works

Online shopping sites use many methods to sell more and more. From advertising to increase traffic, to promotions and discount codes. It is in this last category that a cash-back site comes into play. By offering discount codes or refunds on purchases made. To explain in detail, a merchant site will pay another site for any registered sale. Cash-back sites make money from your purchases on the internet. They give you some of it back: it’s a win-win principle ! Nobody forces you to buy on the net, if you are an online shopper, cash-back can be very useful for you ! We advise you to register for free on iGraal, you will even receive a welcome gift of $ 3 :

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What are the standard dimensions of car park or garage

In this article, we will see the sizes of the parking spaces (for car, motorcycle, scooter, motorhome and caravan) and give you two great ideas to boost your profitability. Parking share with many tenants and car space transformation !

Standard dimensions of car parking spaces

car park dimensions european us compact
car park dimensions us standard
car park dimensions us standard large

Parallel parking space :

Width = 🇪🇺 European / 🇬🇧 U.K. : 2,44 meters ; 🇺🇸 U.S. Compact : 8 ft ; 🇺🇸 U.S. Standard : 8’6″ ; 🇺🇸 U.S. Standard Large : 9 ft
Length = 🇪🇺 European / 🇬🇧 U.K. : 4,88 meters ; 🇺🇸 U.S. Compact : 16 ft ; 🇺🇸 U.S. Standard : 18 ft ; 🇺🇸 U.S. Standard Large : 20 ft
Minimum height = 🇪🇺 European : 2,13 meters ; 🇺🇸 U.S. Compact : 7 ft.

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