Parking lots are an increasing hot topic in the real estate industry as it related to passive income. Unbeknownst to many operators in the commercial space, they are loosing thousands of dollars in unrealized revenue as a result of underutilized parking spaces.

In this episode, Sam Medile shares how he got started in the parking industry and how he helps landlords maximize their property value.

Sam Medile is an accomplished entrepreneur, Medile has over 35 years of business experience.

He once owned and operated several restaurants, simultaneously ran a tourism firm and finally founded a valet parking company. Over the next 20 years that company became the nation’s premier provider of hotel parking services with over $300 million per year in sales and 14,000 employees in over 50 plus cities.

Sam is passionate about mentoring entrepreneurs and structuring deals. He is a believer in human capital and has proven ability to motivate and drive the people he leads to their highest performance levels.

In this episode, we discussed…

• How Sam got started with valet parking
• How landlord can extract value out of their parking lots
• Why you should consider investing in parking lots for passive income

Samuel Medile’s LinkedIn Profile link: https://www.linkedin.com/in/sam-medile-848b3710/ Samuel Medile’s Company Website link: Parking Management Company | Professional Management | Valet Parking

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