For many people, the idea of leasing cell towers is exciting. Not only do you get to own your tower, but you also get to make your monthly payment. All you have to worry about is signing that contract and paying the monthly fee. However, you should be aware of the pros and cons of such an agreement before signing on the dotted line. Doing so can help you avoid potential headaches and surprises later on.
Know Your Options
If you are thinking about getting a cell tower lease, it would be wise to take some time to think about the pros and cons. The best way to go about it is to contact property owners in the area where you want to place the towers. Some property owners are glad to talk with you and tell you their pros and cons of having you rent their buildings. You can always try calling other property owners as well. The more you get to know local tower lease rates in the area, the better.
Leasing or Buying the Land
Many people ask why they should pay higher cell tower lease rates when they have the option of buying the land they are using now. They say that they can buy the land at a lower price after they pay the monthly lease. This may not be true. Land prices are always going up. So, in the end, it is up to you whether or not you will be saving money after buying the land.
Cell Tower Lease Rates
Cell tower leases usually have a fixed rate. This rate is generally between two hundred and three hundred dollars per month. However, different carriers would have different rates on their plans and the actual costs of their services. So, when you compare per month costs of different mobile service carriers, make sure to take into consideration all the charges that may not appear on your initial quote.
There are also various other cell tower lease rates and rent escalations per month, which you may be interested in. When talking about per month costs, these include installation costs, equipment rental, and other miscellaneous expenses. However, these should not be the only deciding factors of your choice. It is important that you consider the most important factor, that is, your monthly subscription rate.
In case if you are confused with what is best for you, then you can always avail yourself of the services of an expert who has already done the research for you. With the latest technology, our expert will lead you to the best mobile carrier would you choose to go with. You can now save up to 60% on your cell tower lease rates with him.