FAQ
Parking lots can earn through hourly and monthly parking, event use, and even EV charging. The simplest path is to make paying easy and keep compliance consistent. Start with Scan to Pay for low upfront cost and quick phone based payments. Add LPR for 24/7 automated monitoring when it clearly improves results. With clear pricing, signage, and basic reporting, your spaces become reliable income.
Yes, it is generally legal to charge for parking in your private lot, but you may need a license, business permit, or compliance with specific zoning and safety requirements. Be sure to verify your local city and county regulations, as these will determine the exact steps you must follow. It’s also important to clearly post your rules and fees. Keep in mind that failing to comply with regulations can result in fines or other legal consequences.
There isn’t one best tool for every lot. The most effective setups use a simple management platform and then choose the right path for the property. Scan to Pay and LPR are both strong options. The right choice depends on your layout, traffic patterns, revenue goals, budget, staffing, and local rules. We evaluate those factors and recommend the mix that fits, so operations run smoother, manual work drops, reporting is clear, and revenue grows without unnecessary complexity.
There isn't a single "magic number" of spaces that guarantees profitability. Instead, it depends on factors such as local demand, land value, operational costs (maintenance, security, technology), and overall revenue potential. A parking lot in a high-traffic area with steady demand is more likely to generate enough income to cover operating expenses and deliver profit. With the right technology in place, even lots as small as five spaces can produce meaningful revenue, and the larger the lot, the greater the earning potential.
Gateless parking eliminates barriers, queues, and ticket-taking, creating a faster, smoother experience for customers while reducing equipment and maintenance costs for operators. You'll benefit from higher traffic throughput, better space utilization, and fewer mechanical issues. Digital monitoring and enforcement tools maintain full control, while real-time analytics help you optimize operations.
Our partners' systems make it easy to manage different user groups with flexible rules:
Custom Rules: Set specific parking hours, pricing tiers, and time limits that match your operations.
Easy Exemptions: Add employee or tenant license plates for automatic free parking, no permits or hang tags needed.
Dynamic Hours: Define different rules for weekdays vs. weekends, or business hours vs. after-hours.