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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: Balding lake property 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: Yellow Aggressive Meetinghouse 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: Balding lake property 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: Spectacular bright philosopher-king 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: Balding lake property 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: High-end grizzly stag film 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: hairraiser aquamarine area "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: Balding lake property 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: Pearl diverse principal's office cumskin 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: hairraiser aquamarine area 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: Crusty greedy site tattoo 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: Crusty greedy site tattoo 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: bistre psychic pistol (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: Vivacious stead clown 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: Puce telephone (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: maniacal wine skinny woman (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: Dashing double fault (http://www.autoadmit.com/thread.php?thread_id=3562000&forum_id=2#32905312) |
Date: March 23rd, 2017 2:54 PM Author: Olive Glittery Garrison Trust Fund 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: lavender bateful office 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: Balding lake property 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: Sapphire toilet seat 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: ebony step-uncle's house prole (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: milky native really tough guy (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: Electric buck-toothed mental disorder indian lodge 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: swashbuckling school cafeteria turdskin 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: ivory bawdyhouse love of her life (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: Vivacious stead clown (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: Hairless set (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: abusive adventurous center 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: Crusty greedy site tattoo 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: Balding lake property 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: swashbuckling school cafeteria turdskin (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: rose boiling water 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: Flesh menage alpha 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: geriatric chapel 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: buff cuck 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: Flesh menage alpha 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: Scarlet disgusting field gaming laptop "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: appetizing white shrine travel guidebook (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: hairraiser aquamarine area 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: hairraiser aquamarine area 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: Flesh menage alpha 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: Fighting Place Of Business Kitchen 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: Balding lake property 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: adulterous gay wizard temple 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: chartreuse library 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: geriatric chapel 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: metal brethren 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: geriatric chapel 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: metal brethren 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: geriatric chapel 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: metal brethren 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: Mentally impaired market 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: hairraiser aquamarine area 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: Mentally impaired market 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: stubborn bbw 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: Fighting Place Of Business Kitchen 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: Stimulating Twisted Ticket Booth Nowag 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: stubborn bbw 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: Balding lake property 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: stubborn bbw 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: Balding lake property 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: Mentally impaired market 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: Flesh menage alpha 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: avocado coffee pot orchestra pit 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: Fighting Place Of Business Kitchen 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: milky native really tough guy 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: Dashing double fault 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. |