Updated over 6 years ago on . Most recent reply
Billboard passive income
I have a property that would be a great spot for a billboard, and I have checked state regs concerning what I can and cannot do as the property owner, and as someone leasing to the billboard companies to do their turn-key. Any tips or advice on what to look out for in the deals, and how to negotiate with them?
One national company says we will do a 20yr land lease for approx 175-200 dollars per month, you dont touch anything.
Another says 10 yr 1000 per year land lease. They do everything as well.
Any thoughts? Thanks!
Most Popular Reply
@Robbie J. I'd be interested to hear if you followed through with the billboard project and how it played out for you. Also, you mention in the post above that Clear Channel has a perpetual easement for a board on land you own. I could understand the easement granting them access to the billboard, but it seems you also mean they don't have to pay rent via a ground lease to you, the property owner?