How to Get Good Deals on Your Cell Phone Tower Lease?
Fair market value of cell phone tower lease must be evaluated and appraised. The problem here however is, your average real estate appraiser is often not an expert in tower lease procurement. There are different factors that affect cell tower lease purchase and valuations and these include wireless carries lease values, are the cell tower leasing terms favorable for lease buyer, does the cell site enables extra carriers to pay rent, location of the tower, seller’s credit worthiness, how aggressive is the buyer’s tower portfolio and if the cell tower matched the requirements of buyer.
But you’ll be surprised to learn that most wireless landlords are offered with a low cell phone tower lease buyout. Some portion of the lease buying financial institutions take advantage of sending letters and wireless landlords which causes doubts in their minds. This is a result of advancing and innovating cellular technology as well as wireless carriers who might merge which cause the tower lease to ultimately lose its value. They prey the fear of these landlords and get the cell tower lease in exchange for a very low price.
It just doesn’t make sense that you have to cash out of cell phone tower lease all because you are afraid that sooner or later, the tower will be obsolete. In case that the lease had no value, then why would they be asking you to sell it to them? These days, smartphones are growing day by day since many more people are bandwidth hogs. This has actually forced various carriers to meet the higher capacity load which translates to more tower leases.
Best case scenario here is, the deal falls in the landlord’s favor when they are shown with lease purchase offer by a well known investment group. Wireless capital investors are seeking to obtain specific tower leases in order to expand their portfolios. Buyout deals from wireless financial service funds have a possibility to give you better deals in comparison to industry bottom feeders. It is due to the reason that these are the deals that take advantage of uninformed landlords. You on the other hand must be aware that even though these buyouts are proposed by big names in the industry, still you need to ensure that it is reviewed.
A question that commonly asked by cell site landlords is what lies ahead of them for cell tower leasing? They’re weighing options of either taking chance if they can snag hefty monthly rent checks for their carriers or sell their lease for a lump sum. In the end, everything needs to be checked thoroughly.