In today’s tech-driven world, there seems to be an endless amount of new platforms, apps, and businesses emerging every day. However, only a select few create substantial value for both its users and the economy as a whole.Â
Peer-to-peer (P2P) applications have been on the rise ever since the inception of companies like Uber, Lyft, DoorDash, and Airbnb. There are plenty of reasons for this. The user providing the service (driving, delivering food, renting their house) receives a form of income, while the other user is on the receiving end of this service. It should come as no surprise that these types of businesses have become so successful in recent times. What draws many users is the possibility of earning an additional stream of income (possibly passive income in some circumstances). This is no exception for a recent startup that believes it has the secret sauce for parking success, spotKEEP. Â
With so many peer-to-peer services, it may feel overwhelming and difficult to choose which one to utilize. However, spotKEEP creates the possibility of passive income for its users by utilizing a resource that many people can access: driveways. Yes, driveways. SpotKEEP is a web-based application that allows its users to rent out their available parking spots (on their property). Unlike other parking applications, spotKEEP focuses on private parking options for its users. Let’s say you work Monday through Friday, 9:00 am-5:00 pm; you could rent out your driveway from 10:00 am-4:00 pm on those days. This means you have created an additional stream of income by simply listing your driveway on their application. If that doesn’t sound easy, I don’t know what does! Â
Not only can you rent your driveway, but you can also list available spots in your yard, the side of the house, and pretty much anywhere on your property. This is especially useful for users who live in crowded cities or near popular locations (sports venues, bars, concert halls, Saturday markets, beaches, college towns, etc.). The possibilities are endless. Another great feature that separates spotKEEP from its competitors is the ability to rent (and reserve) a parking spot for hours, days, weeks, and even months at a time. This allows you to list your available spots while accommodating your busy schedule! The ones who use the application for parking will also be able to search for parking spots depending on the day of the week or even a specific date in the future. This makes parking simple and stress-free.Â
Private parking could very well be the parking solution of the future. Cities will have less of a need to build additional infrastructure (parking lots, garages, etc.) because the parking spots already exist. Not only can cities benefit, but the environment as a whole will also. Nearly 30% of car traffic is attributed to people searching for parking (WikiMotors). With spotKEEP, users can find spots quickly, which cuts down on the amount of time looking for a spot (fewer emissions in the air). The list of benefits seems to be infinite. Make sure to keep spotKEEP on your radar this year, especially if you’re looking for ways to make extra cash!Â
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