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Cell phone company offered me 400k to build an antenna on my property
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Date: March 23rd, 2017 2:50 PM Author: cerebral pit 30 year lease and they get an easement. Ljl when it rains it pours (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898824) |
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Date: March 23rd, 2017 2:52 PM Author: Irradiated arrogant wrinkle Ask for 1m (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898841) |
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Date: March 23rd, 2017 2:53 PM Author: cerebral pit Honestly i'd let them do it for 10k i get no service here now, plus they will run fiber to it (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898846) |
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Date: March 23rd, 2017 3:01 PM Author: appetizing tanning salon You need to price this out. A cell phone antenna attachment pays rent of about $700 per month to be on a tower. Each carrier will want an attachment on the tower, so you typically will see 4-5 attachments per tower. Look at the value of $3,500 per month for 30 years, discounted to present value. That's how much you should be asking for. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898917) |
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Date: March 23rd, 2017 3:03 PM Author: cerebral pit Seriously? (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898926) |
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Date: March 23rd, 2017 3:04 PM Author: Hilarious henna institution love of her life hero (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898935) |
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Date: March 23rd, 2017 3:46 PM Author: Gaped stock car "Look at the value of $3,500 per month for 30 years, discounted to present value."
Given bankruptcy and enforcement risk, I judge this a mildly risky investment and apply a 10% discount, valuing the $3,500 cash flow at about $420,000.
What's the tax treatment for $3,500 monthly payments? Ordinary income would be TTT. |
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Date: March 23rd, 2017 3:51 PM Author: cerebral pit Good question (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32899230) |
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Date: March 23rd, 2017 5:29 PM Author: Bateful son of senegal Why are you assuming the cash flow won't grow? Need to know the term of $700/month leases. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32900066) |
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Date: March 23rd, 2017 8:30 PM Author: Gaped stock car Why would I assume otherwise? (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32901775) |
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Date: March 23rd, 2017 3:53 PM Author: out-of-control azn So you are asking him to ask for the entire present value of what the tower company will make? (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32899247) |
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Date: March 23rd, 2017 3:49 PM Author: out-of-control azn Enjoy brain cancer. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32899225) |
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Date: March 23rd, 2017 4:08 PM Author: Onyx Goal In Life Property (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32899363) |
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Date: March 23rd, 2017 8:32 PM Author: Bull Headed Depressive He's gonna live forever. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32901790) |
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Date: March 23rd, 2017 8:57 PM Author: apoplectic area boistinker (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32902057) |
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Date: March 23rd, 2017 10:57 PM Author: obsidian resort dopamine (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32903135) |
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Date: March 24th, 2017 10:04 AM Author: exhilarant dysfunction (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32905312) |
Date: March 23rd, 2017 2:54 PM Author: haunting gay bbw jewess Libs losing hoap (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898850) |
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Date: March 23rd, 2017 2:55 PM Author: Fantasy-prone pontificating orchestra pit ratface Enjoy ur cancer (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898852) |
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Date: March 23rd, 2017 2:55 PM Author: cerebral pit Thats flame, plus it will be up on a hill a ways away from anything (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898859) |
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Date: March 23rd, 2017 2:55 PM Author: scarlet toaster mood Demand 800k (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898853) |
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Date: March 23rd, 2017 3:02 PM Author: rambunctious plaza mad cow disease (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898924) |
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Date: March 24th, 2017 2:50 AM Author: violent gaming laptop shitlib (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32904338) |
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Date: March 23rd, 2017 2:57 PM Author: exciting alpha coffee pot Woah Cr Friend! (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898879) |
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Date: March 23rd, 2017 2:57 PM Author: Sick diverse knife half cash, half coke (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898881) |
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Date: March 23rd, 2017 2:58 PM Author: aggressive territorial old irish cottage place of business (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898891) |
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Date: March 23rd, 2017 8:33 PM Author: Bull Headed Depressive (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32901792) |
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Date: March 23rd, 2017 3:03 PM Author: Very Tactful Crackhouse (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32898928) |
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Date: March 23rd, 2017 3:55 PM Author: overrated lake useless brakes Demand a clause that you get to fuck around on the antenna as much as you like. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32899264) |
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Date: March 23rd, 2017 3:57 PM Author: out-of-control azn Yeah. Climbing it is FUN. BOUNCY! BOUNCY! BOUNCY! (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32899281) |
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Date: March 23rd, 2017 4:03 PM Author: cerebral pit I wonder it i could tap into their bandwidth (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32899320) |
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Date: March 23rd, 2017 4:18 PM Author: Sick diverse knife (kindergarten cop kid) (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32899432) |
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Date: March 23rd, 2017 4:16 PM Author: mahogany hospital background story Free upgrades for life! (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32899413) |
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Date: March 23rd, 2017 5:22 PM Author: infuriating flesh persian Many, many people who do this ultimately regret it.
At the end of the lease do they have to repair the property? They like to leave the foundation and footings in the ground which can be very expensive to remove. I've even heard tower guys say over a few drinks that they sometimes try to sneak it in that they have no obligation to even remove the tower. After 30 years it's likely obsolete or nearing the end of its useful life anyway. |
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Date: March 23rd, 2017 5:28 PM Author: ivory gas station this is correct. it costs about $75,000 in 2017 dollars to remove a full tower and the foundation. factor in inflation over 30 years and you're basically paying them for the tower. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32900062) |
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Date: March 23rd, 2017 5:34 PM Author: Ungodly chrome generalized bond rehab why would you want to remove the tower? Can rig it for your own use or sell billboards on that shit (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32900121) |
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Date: March 23rd, 2017 5:39 PM Author: infuriating flesh persian Because (a) it sounds like it's no where near a road, (b) in many jurisdictions billboards are almost as highly regulated as strip clubs. They arent going to give you permission to put a giant fucking sign on a jury rigged rusting out cell phone tower and (c) the sign company isn't going to want to put a valuable giant sign on a jury rigged rusting out cell phone tower. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32900198) |
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Date: March 23rd, 2017 5:53 PM Author: Razzle-dazzle abnormal messiness "They arent going to give you permission to put a giant fucking sign on a jury rigged rusting out cell phone tower and (c) the sign company isn't going to want to put a valuable giant sign on a jury rigged rusting out cell phone tower. "
this made me chortle out loud in my office. ty |
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Date: March 24th, 2017 10:13 AM Author: Aquamarine Titillating Sex Offender (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32905360) |
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Date: March 24th, 2017 2:48 AM Author: Gaped stock car Huge Christmas tree. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32904335) |
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Date: March 24th, 2017 2:54 AM Author: Gaped stock car Best tree house ever. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32904343) |
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Date: March 23rd, 2017 5:42 PM Author: infuriating flesh persian Oh and if you ever want to subdivide and sell you have a giant fuckkng tower to deal with as well as some prole cunt who thinks she's going to get cancer. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32900237) |
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Date: March 23rd, 2017 8:39 PM Author: Purple Swashbuckling Electric Furnace that's not how it works, dude.
you discount the future cost to the present.
let's say the real discount rate is 1%. that means the present value of the cost of tearing it down after 30 years is $56K or so. |
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Date: March 23rd, 2017 5:52 PM Author: cerebral pit i have a lot of land so its not really a worry. This would be in an area i check once a year or so (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32900332) |
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Date: March 23rd, 2017 5:30 PM Author: Dashing Coldplay Fan ask for 20,000 ETH instead (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32900082) |
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Date: March 23rd, 2017 5:31 PM Author: crystalline violent stage C A N C E R clause dude: seriously, demand something re: cancer (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32900093) |
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Date: March 23rd, 2017 5:33 PM Author: ivory gas station lol at anyone telling him to demand anything. he doesn't own all the land in the world (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32900108) |
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Date: March 23rd, 2017 5:34 PM Author: Slippery sound barrier MAKE | GOOD | DEALS
they'll reject
so then say FMV in your estimate is higher than what offered, get a few extra bucks out of them |
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Date: March 23rd, 2017 5:36 PM Author: ivory gas station no they won't. they'll just make their offer to a different guy down the road and hope he's dumber and more prole/short-sighted (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32900141) |
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Date: March 23rd, 2017 5:36 PM Author: Slippery sound barrier well this presumes there's not someone immediately next door, obviously
think of it like oil drilling
there's a reason they pick parcel A or B
but yeah if this guy has someone next door I might not be a HARDBALLER |
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Date: March 23rd, 2017 5:39 PM Author: ivory gas station there's about one cell tower every square half mile in a densely populated area. do you know how many acres that is? (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32900193) |
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Date: March 23rd, 2017 5:39 PM Author: Slippery sound barrier not doing subthread wasteland here, aspie, I think u get my point and I certainly acknowledge with the facts on your side, it would make sense to take the offer
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Date: March 23rd, 2017 8:26 PM Author: Curious Juggernaut Ask for more Demand more for every co-tenant Get a decent inflation rate increase every 5 years They pay increased property tax Check with your homeowners. They pay if you need a rider They pay to restore the grounds to like new condition They indemnify and have duty to defend any administrative actions (zoning, environmental, etc.) They indemnify and have duty to defend any civil actions They maintain access road Probably more I'm not thinking of. Better check with a realtor, ask how it affects resale value. |
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Date: March 23rd, 2017 8:32 PM Author: Gaped stock car And they give him Boost Mobile FOR LIFE. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32901784) |
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Date: March 23rd, 2017 8:35 PM Author: Curious Juggernaut With unlimited data. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32901825) |
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Date: March 23rd, 2017 8:34 PM Author: Azure Community Account Lodge LJL. I've handled some of these deals. The cell company invariably ends up fucking the property owner.
OP, if you decide to do it, negotiate the actual cost of utilities, recalculated every X months, as an addition to any rents, and make the cell company install and use a separate meter (better) or third-party submeter (worse) for their power usage. You don't want them on your meter if you can help it - they run up your KW draw as well as your kWh usage. If you don't understand the difference, you need to do more research before you sign anything. Include utilities taxes, fees, etc as part of the deal. Also, make them pay for all maintenance, indemnify you for any damage, repair, environmental issues, noise, etc., and include a termination clause you can execute. A five-year lease with renewal options is probably better than 30 years. Then promptly stay on top of that shit and evict them the second things go sour - you can usually renegotiate for better terms at the threat of a UD suit. |
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Date: March 23rd, 2017 8:41 PM Author: Purple Swashbuckling Electric Furnace great advice. worth $10ks im sure. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32901887) |
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Date: March 23rd, 2017 8:43 PM Author: twisted stimulating theater stage really tough guy Sounds like he also has to get the other side to cover his legal fees (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32901920) |
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Date: March 23rd, 2017 9:02 PM Author: Azure Community Account Lodge of course. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32902100) |
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Date: March 23rd, 2017 9:03 PM Author: cerebral pit I imagine this is all boilerplate stuff they do these all the time, of couse they pay utilities etc (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32902112) |
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Date: March 23rd, 2017 9:03 PM Author: Azure Community Account Lodge you imagine wrong. they usually try to pay out a fixed sum, or a fixed monthly utilities payment when the actual utilities costs increase regularly. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32902120) |
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Date: March 23rd, 2017 9:04 PM Author: cerebral pit Crazy, good to know (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32902129) |
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Date: March 23rd, 2017 9:41 PM Author: Curious Juggernaut I helped somebody do one of these once. Lease was like 30 pages, and had none of the stuff I listed above or that mccheese is talking about. U have to ask for all of it, their boilerplate lease is one sided as fuck. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32902470) |
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Date: March 23rd, 2017 11:26 PM Author: infuriating flesh persian In a few of the ones I've done the provisions aren't boilerplate per de but are one sided and unless you have a good industry knowledgeable attorney push hard for you they'll say they can't change the majority of it because "bullshit, bullshit and bullshit". They can and do change them. (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32903368) |
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Date: March 23rd, 2017 11:29 PM Author: hairless selfie also they don't include repair and takeaway costs, so when they finish with the tower or it breaks in a storm, they just abandon it and the land owner is left with worthless shit on his property that costs a fuckton to remove (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32903386) |
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Date: March 24th, 2017 10:07 AM Author: Purple Swashbuckling Electric Furnace lol @ assuming kindness and decency from a corporation (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32905329) |
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Date: March 24th, 2017 2:51 AM Author: violent gaming laptop shitlib Woah Cr friend! (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32904339) |
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Date: March 24th, 2017 10:07 AM Author: exhilarant dysfunction If you play hardball, they will go next door. Now you have a giant cell tower next door (and thus cancer) but no 400k.
All in all, YOUR fucked. |