Cell Tower Rent Reduction and Cell Tower Rent Optimization

Lease optimization is the cell site lease optimization for the cellular carrier, not for the site owner. This is a process where the carrier requests lower expense from landlord for the rental terms. It often occurs when the cell site becomes less needed or due to other available nearby sources. These operating companies make money by cutting down their expenses from their collaborators.
Modern position of rent reduction

With the economy as it is, cellular carriers are now trying to reduce their operating expenses. This means that companies who are in the business of lease optimization, such as BlackDotWireless and MD7, are likely to be calling wireless landowners regarding lowering the operating expenses at their cell sites. [Read more…]

Cell Tower Site Evaluation and Audits

For the purpose of evaluating the price of a cell site it is a must, for every property owner, leaseholder or landowner, to have extensive knowledge about their assets. This is to avoid undervaluing the asset that the owner possesses. For example, if you do not know the quality of your asset, you may potentially enter into a long-term agreement which will be way below the fair market value. Thus, you will receive income which will be two or three times less than the real price. This could have been avoided if you had only spent some time to thoroughly investigate the value of your asset.

Fortunately, there are companies and agencies that specialize in improving their client’s knowledge about cell towers to maximize their wealth. These organizations will review your cell tower lease agreements and conclude whether or not you are being paid an appropriate compensation. They will provide you with a summary of how your asset compares to other assets. This will help you determine your price and have a better idea about what you can do to possibly improve your cell tower and get more income.
One of the factors that carrier companies mostly look for is if the tower is structurally sound and if the whole cell site has up-to-date technology on it. Other factors include: [Read more…]

Rooftop and Steeple Cell Site Evaluation and Cell Site Audits

When you own a building, it is clear that you want to maximize the profits you gain from it. Besides the income generated by tenants, many landlords consider leasing they rooftops and additional spaces to cell phone carriers. The success of a building consists in the position of it and if the carriers are interested in getting there. In order to find out whether your property is good to go, it is important that you meet certain criteria.

The building has to have phone service and electricity running. You will need to have both of these things because otherwise the carriers are not interested. The buildings with fiber inside will represent a bonus for being selected by the cell companies. The rooftop or steeple has to be quite elevated. Maybe you do not own the tallest building in your neighborhood, but the rooftop has to be tall enough in order to meet the cell needs. Compared to the buildings around you, your rooftop needs to be higher. In most cases, the carrier will select the highest building on the block. [Read more…]