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Tractor Talk Discussion Forum

towers

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stonerock

02-11-2019 05:03:03




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got one cell phone tower on my place, they want to put up another money is a lot less for the second one,. how much do you guy's get payed? I get 2500.00 a month for the first one put up in 1995 ? what is the going rate now for tower rent, how much for buy out?




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Billy NY

02-11-2019 17:59:09




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 Re: towers in reply to stonerock, 02-11-2019 05:03:03  
Crown Castle by any chance ?



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TGP

02-11-2019 10:49:31




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 Re: towers in reply to stonerock, 02-11-2019 05:03:03  
I have one here since 1996

was $1,800. a month now $2,300. With 5% increase each year after lease renewal.

Don't get intimidated by these people who have a Army of Lawyers.

Stand your ground hire a attorney and go for it.

Be sure to add a clause that they reimburse or pay the property taxes.

Also a clause that they remove and return property to original condition if the tower is ever abandoned.

It was a year long fight but got what I wanted.

Told to bring a crane and shovel if they didn't like my terms.

Remember there's a reason they approached you.

Also don't fall for the numerous offers from third party shysters

That want to buy your lease for lump sum.
Tom

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jocco

02-11-2019 11:34:02




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 Re: towers in reply to TGP, 02-11-2019 10:49:31  
Also a clause that they remove and return property to original condition if the tower is ever abandoned. WILL THIS WORK IF THEY GO BANKRUPT OR JUST LET IT GO TO UNPAID TAXES AS THEY DONT NEED IT ANYMORE?



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Dieseltech

02-11-2019 09:28:18




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 Re: towers in reply to stonerock, 02-11-2019 05:03:03  
Neighbor has one, think it pays six hundred a month.



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ss55

02-11-2019 09:27:08




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 Re: towers in reply to stonerock, 02-11-2019 05:03:03  
Topography could make or break your bargaining power. Check if you have the highest elevation in the area and clear unobstructed views to population centers that could make your location ideal for another tower or is it just the same as any other location in the area.



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jocco

02-11-2019 09:02:57




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 Re: towers in reply to stonerock, 02-11-2019 05:03:03  
I have been watching this subject matter some. I think some of it where it is real estate wise and how many potential sites there are. Example NY city real estate is higher and scarcer than say some northern remote area. It could depend on the company also.



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paul

02-11-2019 08:08:52




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 Re: towers in reply to stonerock, 02-11-2019 05:03:03  
When they convert from the current G4 to the new G5 cell system, the old G4 covered 10-12 miles. The new G5 handles a lot more traffic, but only covers 2.5 miles or so.

They are going to need a lot more towers.

Paul



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Janicholson

02-11-2019 09:33:15




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 Re: towers in reply to paul, 02-11-2019 08:08:52  
maybe much less! Jim



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TomA

02-11-2019 06:38:53




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 Re: towers in reply to stonerock, 02-11-2019 05:03:03  
We have 3, not towers but individual equipment sites with 12' antennas on top of hill. Pay between $2000 and $3000 per month each.



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rrc300 u

02-11-2019 06:28:43




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 Re: towers in reply to stonerock, 02-11-2019 05:03:03  
I have an uncle that has a tower on his patch. It pays 750 or so a month, not sure if that's forever or a term.



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BarnyardEngineering

02-11-2019 06:19:29




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 Re: towers in reply to stonerock, 02-11-2019 05:03:03  
Money hasn't gotten more valuable since 1995... I'd play hardball with 'em. If they really want that location they will pony up.

If they don't, then you really aren't out anything.



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sodak farmer

02-11-2019 06:03:41




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 Re: towers in reply to stonerock, 02-11-2019 05:03:03  
I have 11 towers that have 8 high voltage electric lines that come from a dam on the Missouri River. Put up in the 60ís. Wish I could get rid of them. Electric company has permanent easement and total compensation is exactly $0.00.



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wgm

02-11-2019 17:04:32




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 Re: towers in reply to sodak farmer, 02-11-2019 06:03:41  
I too have an electrical tower on some land I bought years ago and get exactly $0.00 for it. The utility company has access to the tower for maintenance at any time, crops be damned. At least they call first. I spoke to the previous owner who owned the land when the tower was put up and it was the same deal.



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Oldfarmtractor

02-11-2019 05:57:18




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 Re: towers in reply to stonerock, 02-11-2019 05:03:03  
Get so much for the first carrier and then a bit more for each subsequent carrier.



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d beatty

02-11-2019 05:23:07




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 Re: towers in reply to stonerock, 02-11-2019 05:03:03  
A guy I worked with had one put up on his place about 15 years ago and was getting $7,000.00 a month.I don't know how long his contract was good for. I know he took an early retirement after it was put up. I had one ask me about putting one in but it was going to be a one time $45,000.00. I asked them a bunch of legal questions and they never got back with me.



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welding man

02-11-2019 05:08:05




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 Re: towers in reply to stonerock, 02-11-2019 05:03:03  
$800 to 1200 per month in my area. Depending on the size and how much equipment is hanging on them. Most are monopoles that are 200 ft or less.



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