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Multifamily Parking Solutions

Posts by Brad Wiggin, Director of Technology at SimplyPermits. Read about Multifamily parking trends, parking tips, and parking technology.

When and How Much Should My Community Charge for Parking

When and How Much Should My Community Charge for Parking
"How much to charge for a parking space" is a common concern we hear on a frequent basis. A lot of communities, specifically in the multifamily industry, struggle with knowing how much and when to charge for parking due to the concern of negative response or backlash from residents. It is an unfortunate reality, that offering free parking at a community such as an apartment complex or shared condo parking lot can lead to numerous issues and even place a higher long-term cost on the local community itself. Overcrowded lots result in unhappy residents that spend additional time searching for parking; which is just one issue that can arise when there is no cost tied to parking a vehicle onsite. Parking Lot Supply and Demand Considering if a multifamily community or apartment complex has fewer spaces than it has units or is above the average of 1.88 vehicles owned per household (according to the U.S. Department of Transportation), the demand outweighs the supply causing a parking deficit. This results in parking problems such as residents wanting to park their vehicle close to their own home only to find out the space has been taken by a neighbor's guest who has been occupying the space for far too long. This can be managed effectively by pricing out permits based on the deficit. Every city has building codes which allocate a specific number of parking spaces per unit, however depending on the data that was used at the time of construction, this may......
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Five Benefits to Paperless Parking

Five Benefits to Paperless Parking
More and more companies every day are switching to paperless parking solutions, whether it be a condo or HOA, multifamily complex, or a business center. Not surprising either, considering the many advantages. Here are just five ways you can benefit with paperless parking permits. Environmentally Friendly Everyone is concerned about the environment nowadays, and rightfully so. Reducing paper waste, reducing deforestation and pollution, etcetera. The worries and struggles of endlessly printing out paper and stickers for residents and their guests will be totally negated, contributing to the elimination of the paper waste. This change will make a substantial difference for every leasing and management office. Ease of Access & Use Not only can going paperless can earn you points for being more environmentally conscious, it will save you time from having to issue and re-issue parking permits over the span of a day. You won't have to keep your binder full of hang tags anymore. And, just think of the never-ending task to record and keep track of vehicles associated with those hang tags. The burdens associated with distributing physical parking permits are phased out once you switch to a paperless parking system. Especially when it comes to guest parking; residents and guests will now have 24/7 access to purchase their parking permits, allowing communities to maximize on ancillary revenue even when the office is closed. Resident Satisfaction Our quality of life can be greatly improved upon in the digital world. This no doubt includes paperless parking permits, where residents or......
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Parking Solutions through License Plate Recognition

Parking Solutions through License Plate Recognition
It’s 2020. Going paperless is an option for just about everything we use – when it comes to banking, news, advertising, etc. Almost every day, corporations and organizations are finding ways to reduce the amount of paper used and improve their overall environmental impact. Not only that, but it can be financially beneficial in the long run. Saving time, money, and reducing waste.   This can open opportunities and parking solutions in areas where parking issues may arise, especially in urban areas. When visiting cities, or more dense locations, you will notice that some vehicles out and about may have small stickers displaying numeric codes placed somewhere on their vehicle or hanging from their rear-view mirror. Usually, these are used to apply parking rules in areas within multifamily complexes or commercial parking for a business center. It is a rather commonplace quick fix for parking issues. They can be used to identify certain vehicles, and/or whether they are permitted to occupy certain spaces, etc. The managers of these multifamily complexes or business centers typically charge a fee for these, and allow the consumer to park within the compound, whether it be in an allocated section of the parking network, or a specific spot on the lot. Regardless, most people do not look forward to placing these often colorful, obtrusive, and wasteful stickers on their vehicle. Not only does it cause frustration and inconvenience for the user, but it can also create issues for the landlords or managers who enforce parking regulation in ......
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