Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Jennifer Hamilton
  • Real Estate Broker
  • Laredo, Tx
1
Votes |
8
Posts

What are good practices when renewing a Cell Phone Tower Lease?

Jennifer Hamilton
  • Real Estate Broker
  • Laredo, Tx
Posted

I am renewing our cell phone tower lease and was wondering what the going rates are all over the country or in South Texas? Is there a signing bonus? If yes How much? How is the insurance handled? How can you attract new companies to lease off our tower? If leased & the current provider sub leases to other cell phone providers what is the shared percentage? And who is a good Cell Tower Attorney to help negotiate the lease?

Most Popular Reply

User Stats

206
Posts
194
Votes
William Jenkins
  • Real Estate Broker
  • St. Louis, MO
194
Votes |
206
Posts
William Jenkins
  • Real Estate Broker
  • St. Louis, MO
Replied

When you say renewing the lease, do you mean that the tower and lease already exists and that it has expired?  If that is truly the case then you are in a unique situation and you need to very carefully consider your options.  

Who owns the tower and who are the tenants on the tower?  

Loading replies...