If you are approached by the cell phone companies with the intention of taking your land so that they can erect a cell phone tower, you will be privileged of receiving some money on a monthly basis for the cell tower leasing. You should first get to know the aspects that will facilitate the amount of money you are going to receive after signing the lease agreement.Some of the determining factors for the amount you will receive for the lease includes, the location, the size of the company lease is with and the negotiating skills of their representatives. A tower lease contract can actually provide you with a significant earning for a long period of time. These companies are in the business to make more and more profits. It is important to always be cautious and watchful of some of the firms that are not reputable and will always want you to get into a trap of changing the contact you had signed with them.
An existing lease from crown castle can extremely be a valuable agreement. You should not be easy to be lured to get to any changes but instead, get to consider the results of any changes that you may make. Make sure that you stick to the terms and conditions that you had set at first when signing the contract with the cell tower lease company before signing any other deal that can be costly to you in the long run. All in all, there are a lot of benefits of cell tower leasing. The following are some of the important reasons why a lot of investors are getting into the business of cell tower leasing.
The money streaming to your bank without straining and for a long time is one of the main benefits of this kind of investment.This implies that you are going to receive cash month after month after leasing your piece of land to cellular company for the erection of a tower.
Cellular tower leases are passive and this is another benefit about them.You do not necessarily have to work or invest money. What you will be doing is just to wait for the money to be deposited in your account by the cellular company. Check this video about cell tower leasing: https://www.youtube.com/watch?v=JX38qocLKEg
You are not going to use your resources
You are not necessarily going to spend your resources to have the cell tower erected but you will be lucky to have a company that is going to put it up at their own cost.