Pros and Cons of allowing Cell Tower on Property?

[ultrarunner]

Come to think of it maybe why my forested Washington spot is so tranquil… no cell service and no tv signal… radio limited…

Before Comcast it was a trip to town to catch up on my calls.

 

[SouthernSky]

We completed the negotiations a few days before Katrina. After that storm took out over 200 towers, we were forgotten.

 

[ultrarunner]

Brother being experienced in business paid for legal review and worked out the kinks like trucks using the farm home driveway and similar…

For whatever reason the expansion movement is on hold or not happening…

Maybe tower technology and locations have matured…?

 

[Rustyiron]

Yep… taxes are significant at 30k+ and that was after he contested… home isn’t much or outbuildings but a little country just across the city limits…

I didn't go past this on page 2, but the tower value.... is that going to the real estate value and if so, who's paying it?
I know that there are tower lawyers who will know the potential "traps" and probably rental value including being involved with each additional tower occupant in the future.
They probably won't allow your lawyer to provide the lease agreement, but he'll have a say in it.
I'd love to have a similar offer.

 

[kenmbz]

1) ATT is in a lot of trouble financially
2) T-Mobile and Verizon are going heavy into Satellite.
Many newer regular phones can use satellite now (of course not the ones we own...).

ATT business has been laying off so fast that our company rep changes every few months.
We used to do millions in business with them, not so much anymore.

 

[ultrarunner]

Cell Towers deemed needed for public safety receive special treatment regarding property taxes.

This is how it was explained to me but any income received is taxable.

 

[ultrarunner]

1) ATT is in a lot of trouble financially
2) T-Mobile and Verizon are going heavy into Satellite.
Many newer regular phones can use satellite now (of course not the ones we own...).

ATT business has been laying off so fast that our company rep changes every few months.
We used to do millions in business with them, not so much anymore.

I’ve never spoken to the same ATT rep twice and we have one to handle all hospital business enterprise wide.

Years ago with deregulation several friends were offered buyout packages and accepted… each was invited back within a year as a contract employee because too much institutional knowledge left when the career guys left.

One of my close friends said it was the best 3 years ever working for the company…