Turn your vacant space into monthly revenue
Parqay inventories your parking and bookable space, lets you price it on your terms, fills it with real demand from the marketplace, and posts every dollar to your books. One system takes a space from vacant stall to closed ledger.
Why non-rent revenue matters now
Because rent can only be raised so far while operating costs keep climbing, the gap has to be closed with revenue that does not come from rent increases. Most property software can only record that squeeze: it tracks the income you already have and the expenses that keep growing, then shows you a shrinking margin. Recording the problem is not the same as closing it.
The fix is usually already sitting on your property. Empty stalls, a guest suite that hosts nobody, a desk no one sits at: that is inventory, and inventory that is not listed anywhere earns nothing. Parqay treats vacant space as a revenue line instead of a footnote, and gives each space a price, a listing, and a channel to real demand.
This is the difference between software that tracks NOI and software that grows it. Parqay is the only property management platform with a built-in demand marketplace, so the same system that collects your rent also sells your vacant space.
The reconciliation problem every operator has
Standalone parking apps and booking platforms sit outside your property software, so every dollar they collect has to be carried across the seam by hand. Someone exports a payout report, matches it against bank deposits, and re-enters the numbers into the books, and every manual step is a chance for revenue to be miscounted, misattributed, or missed entirely.
Parqay removes the seam because the marketplace and the management platform are one system. A booking is not an external event you reconcile later. It is a native transaction that posts to the same ledger as rent the moment it happens, attributed to the right property and unit.
That is the practical meaning of a built-in demand marketplace. You are not integrating a revenue source and maintaining the glue between two systems. You already own both sides.
How it works
Four steps take a space from vacant to earning, and none of them adds a second system to reconcile.
Inventory
List every space you control: reserved stalls, guest and visitor parking, unassigned capacity, guest suites, coworking desks, and private offices. Each one becomes a unit of sellable inventory with its own listing.
Price
Set hourly, nightly, or monthly pricing for each space. You choose every rate, and you can change any price whenever you want.
Release
Open unassigned capacity to marketplace demand. Guests find your space through search, instant booking, city landing pages, an SMS concierge on a real phone number, and automatic Craigslist posting for parking listings.
Reconcile
Every booking posts automatically to the built-in ledger, next to rent, attributed to the property it came from. There is nothing to export, match, or re-enter.
What you can monetize
Parqay monetizes three categories of space: parking, stays, and workspace. Here is exactly what you can list today.
Reserved parking
Assigned stalls rented monthly to residents or nearby commuters who want a guaranteed spot.
Guest and visitor parking
Short-term spaces booked hourly or daily, so visitor parking earns instead of sitting open.
Unassigned stalls
Surplus capacity released to marketplace demand on hourly, daily, or monthly terms.
Guest suites and stays
Furnished suites booked nightly or monthly by visiting family, traveling workers, and longer-stay guests.
Coworking desks and private offices
Workspace booked hourly, daily, or monthly, turning underused common or commercial space into income.
Pricing control
You set the prices, always. Every space carries the rate you choose on the terms you choose, hourly, nightly, or monthly, with availability windows that control exactly when the marketplace can book it.
Parqay never reprices your inventory for you. There is no dynamic pricing automation and no algorithm quietly adjusting rates: the number a guest sees is the number you set.
Nothing is locked in. Change a price or an availability window anytime, and new bookings pick up the new rate.
Where the money shows up
Booking revenue posts as income in Parqay's built-in double-entry ledger, right next to rent, the moment a guest books. There is no separate parking report to import and no second system to check, because rent payments, deposits, bookings, and refunds all post to the same books automatically.
Refunds post against those same books, so a canceled booking reverses cleanly instead of hiding in a payout report. Expenses track against enforced Schedule E categories with summaries by property, unit, category, and month, and everything exports to CSV for your accountant.
Cash reaches you through Stripe Connect payouts. Parqay earns a percentage of marketplace bookings plus a small guest service fee, so we make money only when your space does.
Frequently asked questions
- Do my residents lose their parking to marketplace guests?
- No. You decide which spaces go to the marketplace and which stay reserved for residents. A sensible approach is to release only unassigned or persistently vacant capacity, and availability windows let you pull a space back from the marketplace whenever a resident needs it.
- What happens to inventory nobody books?
- It stays listed and costs you nothing extra. Parqay earns a percentage of completed bookings, so we only make money when your space does. If a listing sits idle, adjust the price or terms, shorten the availability window, or ask us for an honest read on demand at your location.
- Who controls pricing?
- You do. The host sets the rate and availability window for every space, on hourly, nightly, or monthly terms. Parqay never adjusts your prices automatically, and you can change any rate at any time.
- How does booking revenue actually reach me?
- Through Stripe Connect payouts to your bank account. Guests pay through the marketplace, Parqay deducts its share, and the rest is paid out to you. Every booking also posts to your ledger, so the books and the bank tell the same story.
- How does the revenue split work?
- Parqay keeps a percentage of each marketplace booking, and guests pay a small service fee on top. We do not publish the specific numbers on this page, but we will tell you exactly what they are before you list anything. If nothing books, there is nothing to split.
- What about insurance and liability?
- You set the house rules and requirements for your spaces, including who can book them and under what conditions. Before you list, talk to your insurer about marketplace use of parking, suites, or workspace. We can explain exactly how the platform works, but we cannot give legal or insurance advice.
- Will this work in my market?
- It depends on local demand, and we will tell you honestly. Parking near employment centers, transit, and venues books differently than parking in low-density areas, and stays and desks follow their own local patterns. Talk to us about your specific address and we will give you a straight read, not a sales pitch.
- How are marketplace guests verified?
- Hosts complete identity verification with a government ID and selfie through Stripe Identity, and guests book through registered accounts with a payment method on file. Parqay does not run background checks on guests, and we will not pretend otherwise, so set house rules with that in mind.
- Can I list storage units, EV chargers, or amenity rooms?
- Not today. Parqay monetizes parking, guest suites and stays, and coworking desks and private offices, on hourly, nightly, or monthly terms. If your revenue plan depends on other space types, tell us so we can prioritize, but do not sign up expecting them.