Cash In On Your Flagpole: Lease Property to Cell Phone Tower Companies
It's a practical partnership more than anything. “It helps keep expenses to where we can pay all our bills,” said church administrator, Ted Olson. In fact, the church has been getting offers to buy out cell tower leases by company rivals. An article on Christian Examiner Online frames the issue:
In most cases the church is approached by a cell tower company or wireless service provider, which negotiates a lease for an installation site that it will service and maintain. The church benefits by receiving rental income from the lease.
Trinity Presbyterian Church in Spring Valley, Calif. got its first wireless contract for cell receptors embedded in the sanctuary roof in the early 1990s. The church has since acquired two more cell sites, a 75-foot cross outside its fellowship hall and an artificial palm tree in the play yard of the church school. Each brings a revenue stream from a different cellular phone company.
In most cases the church is approached by a cell tower company or wireless service provider, which negotiates a lease for an installation site that it will service and maintain. The church benefits by receiving rental income from the lease.
Trinity Presbyterian Church in Spring Valley, Calif. got its first wireless contract for cell receptors embedded in the sanctuary roof in the early 1990s. The church has since acquired two more cell sites, a 75-foot cross outside its fellowship hall and an artificial palm tree in the play yard of the church school. Each brings a revenue stream from a different cellular phone company.
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