Top 3 Reasons to Sell Your Cell Tower Lease
“We hold these truths to be self-evident, that all landlords are created equal, that they are endowed by their lease buyout with certain unalienable benefits, that among these are immediate cash, opportunities and the pursuit of risk aversion.”
Similar to the Declaration of Independence in July of 1776 when the Second Continental Congress gathered in Philadelphia to declare independence from Great Britain, landlords with cell sites on their property have the opportunity to break free from their wireless lease. Instead of being bound by a slow monthly payment, take the opportunity to convert your lease into immediate capital.
Just like our forefathers were determining if independence was the wisest decision for their future, consider the following 3 reasons to sell your cell tower lease:
1. Immediate Cash
a. One of the main benefits of selling a wireless lease is the landlord will receive a lump sum of cash from the company who purchases the remaining portion of the wireless lease. When the landlord receives the cash payout, they are free to spend the money in any way they please. For example, owners might use the funds to pay off debt, put into savings, pay for retirement, pay for grandchildren’s college, expand their business, etc.
2. Opportunity Cost
a. The trueloss of not selling your wireless lease lies in the opportunity cost. An opportunity cost is the loss of a potential gain from other alternatives when another alternative is chosen. In this case, if a landlord decides to invest their lease buyout cash today, it can provide stronger and safer growth over the next 20 years compared to the speculative monthly rent accumulated over the same period. Understanding this opportunity cost and selling your wireless lease will most likely prove the best possible value over the long term.
3. Eliminate the Risk of Losing Income
a. Although landlords with cell towers on their properties are receiving monthly incomesfrom wireless carriers or tower companies, there is still a chance those contracts can be terminated early for various reasons, such as carrier consolidation and obsolete technologies. When contracts are terminated early, property owners lose a substantial amount of potential future income. However, if they decide to sell their wireless lease, they will be guaranteeing their income and taking control of their financial future.
In the spirit of our country’s most treasured holiday defining us as a nation, seize the opportunity to break free from your wireless lease and take control of your future income. TowerPoint Capital is a leading institutional investor in theindustry and assists landlords with making the most profitable decisions regarding their wireless real estate. Discover financial freedom from your wireless lease and call us today!
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