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.There are a number of factors that help to decide the amount of the money you are going to receive for the lease. 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. As a property owner, it is important to note that the cell phone company are more interested in making money for themselves.When you are through with determining the lease and you have agreed how much you are going to be given in a certain duration of time, these companies will always want to approach you to lure you to make changes that could even leave you with a lower value piece of your property or even with lower cell site lease rent payments. An existing lease 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. Discussed below are some of the important benefits of investing in cell tower leasing.
You are going to get residual income
One of the best benefits of cell tower lease is that it will become to you a residual income stream. This shows that you are going to be getting quite a lot of money without even struggling.
You are also going to realize that cellular tower leases are passive.You do not necessarily have to work or invest money. You are just going to be waiting for the money to stream in your banks after the end of the month.
You are not going to use your resources
In most cases, you do not necessarily have to invest your own capital in order to get the cell tower built. but instead, you are going to receive cash flowing to your bank from the cell phone company.