The Virtual Parking Management Platform

Virtual parking management software begins with getting rid of hangtags, paper permits and time-consuming efforts. All vehicle registration is done on the mobile-friendly website, no application download required.

HOAs, property managers and landlords of apartment complexes will benefit by monetizing visitor parking, issuing daily parking permits fully online, having auto expiring guest permits and allowing parking enforcement to use LPR (license plate recognition) technology to remove unauthorized vehicles.

• Digital Parking Permits: The license plate is the permit, so guests can register without physical interaction around the clock, turning your empty spaces into automatic revenue generation
• Time Limits on Guest Permits: Since the permits are virtual, you can set time limits on guest parking
• LPR Technology: You can give your parking enforcement team access to the system and they will use their LPR cameras to issue parking citations on unauthorized vehicles in your parking lot

Using ApartmentPermits.com online parking system helps parking offices eliminate much of the manual workload that used to be involved with issuing parking passes.

Benefitting your Complex with Revenue Generation by Issuing Virtual Parking Permits

Revenue generation for empty spaces, when guest spots are unlimited and untracked, residents quickly realize they can stash their third car there, or their roommates boyfriend can camp out indefinitely and nobody is keeping score.

ApartmentPermits.com has a few approaches to monetizing guest parking:

• Freemium Approach: The first 24 hours are free, then guests pay a daily rate
• Overnight/Prime Time: Guest parking is free during the day and charges between 8PM and 6AM
• Premium Zone Pricing: You charge more for spots closest to building entrances while keeping distant spots free

So what do these models look like in real life with cars in and out by the hour, and guests staying over the weekends.

ApartmentPermits.com performed a case study on a property using the Freemium Approach with 75 free hours per unit per month. It generated over $24,500 in annual profit from paid guest parking alone.

Another 469 unit community only charged for overnight and prime time parking. Parking was free from 7a-11p with a $4 charge overnight, since they implemented this with ApartmentPermits.com they have been bringing in $15,000 annually.

Don’t leave money on the time, penalize non-resident abusers and leave short term guest untouched. This is fair for both residents and guests, generating income without upsetting your loyal tenants.

Handling Guest Parking and Temporary Permits

Step 1: Search for the property you're visiting

When a guest needs a temporary permit for an overnight stay or prime time parking they will search for the property they are visiting and enter the unit number + last 4 of residents phone number

Step 2: Enter Vehicle Details

Enter the details of the vehicle you are registering and depending on the property, you may input the number of hours you will be parking for

Step 3: Review the guest parking rules

Each property will set their own rules, you must follow these and they will vary by property

Step 4: Confirm License Plate Number

Confirm your license plate number (the license plate is the temporary permit)

Step 5: Registration Confirmation

All done, you are now registered for guest parking at the property. Please make note of when the permit expires. It is your responsibility to extend your permit if you need more time.

Features of ApartmentPermits.com That Help Landlords or Property Managers

• Smart Plate Matching: During vehicle registration, minor typos while entering the license plate will not lead to a wrongful parking citation, ApartmentPermits.com will automatically account for user error and match the plate correctly
• No Hardware: Parking enforcement companies that use ApartmentPermits.com already have license plate recognition cameras and equipment so all the property must do is manage the database of virtual permits
• Vendor Flexibility: We give you complete control to enforce your parking rules exactly how you want using any vendor you choose. If you change enforcement companies you don’t need to switch software, ApartmentPermits.com works with any vendor

Summary

ApartmentPermits.com is a virtual parking permit management system that eliminates the need for physical permits. By granting your parking enforcement company access to your property, they can utilize their LPR technology for fast and accurate parking enforcement.

Property management teams and landlords alike are using ApartmentPermits.com to ensure they capitalize on revenue from guest parking and eliminate lot squatters from their properties.