I am currently looking at a open lot with the thoughts of turning it into a parking lot, for sports games and special events. Any suggestions, experience, etc, would be very helpful.
This can be a great little side hustle. Make sure to check with the city to see if you need any permits etc.
Make sure the attendant wears a fluorescent vest to identify himself.
Mount a camera and post a sign that the lot is monitored and protected to deter robberies.
also handy to have a swipe device to accept credit cards for payment.
This was very helpful. The area I am looking at is growing faster than my children. Should be able to create residual income, while the property appreciates at a fast pace.