If the deal pushes through, it will be a boon both to the schools and the countless residents who rely on their cellphones for communication. Of course, when a major mobile carrier approaches a landowner, the latter should carefully review the cell site lease terms before accepting the offer to ensure that he is getting a fair deal.
Fortunately, clients can seek help from companies like TowerPoint Capital so they can get the best terms from the potential cell site to be leased. With a cell site evaluation, these firms can identify factors that affect rates such as elevation, accessibility, and number of subscribers that will benefit from the new cell site. Having this knowledge in hand, school districts can negotiate with interested parties more easily for a favorable price.
http://towerpoint.com/cell-site-lease-a-unique-way-for-schools-to-generate-more-income/
With
cellular phones and other similar mobile devices growing in usage and
popularity, many landowners are perfectly poised to generate
considerable profits by leasing out their land to wireless providers.
Cell towers play a central role in facilitating the voice and data
functions of mobile devices. To provide better service to their
subscribers, wireless companies actively scout for available real
estate at key locations that make for the ideal cell sites.
In
pretty much any cell tower lease agreement, a property’s strategic
location directly influences the lease rates it can command.
Essentially, wireless companies are willing to pay a handsome fee to
lease the rights to set up a cell tower at prime lots with easy
access. Meanwhile, similar parcels of land located close to other
existing cell towers typically attract lower offers.
Other
factors also affect cell tower lease rates. For instance, wireless
companies typically want their towers to be built in locations far
from residential areas to prevent being an eyesore in the community.
Additionally, some wireless companies will insist that their towers
only provide their cellular coverage and prohibit the property owner
from accommodating other carriers.
Such
specifics can be used to a landowner’s advantage when negotiating
the terms of a lease. It certainly doesn’t hurt to have a lawyer to
outline these details.
Number of years remaining on the lease
“Cell companies will pay far more for a lease in its final years,” according to Pestle. To make things clearer, a lease that is one year away from its expiration is worth far more than one that has ten years to go.
Current rent being paid
“If the buy-out price is just one lump sum payment to the landlord, then a tower with multiple tenants collectively paying the landlord $3,000 per month is worth far more than one with a single lease paying $500 per month. This is less of a factor if the landowner gets to keep all the rents until the current leases expire,” states Pestle.
http://towerpoint.com/four-factors-that-determine-the-worth-of-cell-phone-towers-in-a-lease/
Prime cell tower locations can be lucrative real estate investments, as you may gather from the article above. Unfortunately, the benefits of this type of investment may not be obvious to every property owner. Perhaps the better way to put it is that some owners are not fully aware of the profit potential of owning a cell tower site.
Luckily, property owners can talk to a seasoned cellular site investor like TowerPoint Capital when looking to value their cell site. The demand for cell phone towers at certain locations affect property value, and typically, high-traffic urban areas and college towns have the highest demand for cellular services.
http://towerpoint.com/cell-tower-locations-as-real-estate-investments-can-be-very-profitable/
Have you ever wondered
how your friend who lives thousands of miles away can send you a text
message in an instant? Here’s a simple explanation of how wireless
communication works and what elements are responsible for making it
happen.
If
a portion of your property largely remains unused, you can turn it
into an income-generating site by leasing it out to wireless service
providers. After all, mobile wireless companies are constantly on the
lookout for available spaces where they can put up cell
towers and thereby provide better services to subscribers.
Indeed, whether you’re a church leader or a land owner, a cell tower lease deal can be a significant source of income. Nonetheless, when you’re offered a lease contract for a cell tower to be installed in your property, or when a wireless carrier wishes to rent your cell site, you have to be smart about it. You can’t sign a deal without analyzing the fine print and verifying its benefits.
To guide you through the negotiations and the intricacies of the transaction, you can call on cell tower lease experts from companies like TowerPoint. Such professionals may even provide a complimentary site valuation to help you determine the actual value of your cellular site. This ensures that you get the appropriate monthly payments, and your rights as the landlord remain protected.
Finally, if you decide to sell your cell tower lease for whatever reason, professionals from companies like TowerPoint can also be your partners.
http://towerpoint.com/cell-tower-lease-facts-what-you-should-know-before-signing-a-deal/