When you as a property owner is approached by the cell phone companies so that you can lease to them your piece land in order for them to place cell phone towers there, you are going to get a cell site lease payment for that land. 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 aspects that are likely going o affect the amount of money you are going to receive for the leasing are the site, how big or small the firm is as well as how skilled the representatives of the company are going to be.A cell tower lease 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 can extremely be a valuable agreement.If you are approached by the company that you have leased your piece of land to erect their cell tower, it is important you first think about the repercussions of any decision you can 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. Now that you have known the dangers you can get into, realize that cell tower leasing has a number of benefits. Analyzed below are some of the significant benefits of cell tower leasing to the landowners.
One of the amazing benefits of having cell tower lease investment is that you will everlastingly receive some earnings. You are probably going to be receiving a lot of money after you have leased your property and this will continue for a long period of time.
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.
No capital needed
with this type of investment, there is no stress of wondering where you are going to borrow the money to start the investment but instead money will start coming your way from the word go; from the day you enter into an agreement with the cell company.