Experienced parking audit consultants know how important it is to stay on top of your real estate investment. Parking audit consultants help you maintain accurate data regarding your parking spaces. Whether you rent parking spaces in a garage or in an outdoor lot, the right data counts. Good consultants understand how parking investments have evolved over the years. Managers used to inspect their parking spaces daily as the cash was collected from customers. People almost always pay with a credit card today. The value of parking audits did not disappear with the on-site cash box. Today’s real estate investors still need to check cash deposit slips from the bank, account logs, exception tickets, and many other things. Today’s parking spaces have electronic validation systems, coupons, and monthly access systems. Owners have to stay on top of liability issues, management agreement compliance contracts, and more.
Your consultants can help you complete different types of routine audits. Some owners like to have their parking spaces audited during the day and night by an on-site inspector. They may complete an audit one week per month or every day in busy lots. Consultants can set up audits that will give you on-site information from the customer’s viewpoint. Some audits are geared toward loss prevention or fire safety.
Experienced auditors can help make sure your accounting is up-to-date. Many owners complete a comprehensive yearly audit to make sure there are no hidden security issues. Being prepared with in-depth information from audits helps you avoid legal issues and keep your parking spaces profitable.
Contact Parking Advisors, Inc online for more information.
