Real Estate

Frequently asked questions about mobile phone tower leasing

admin

Q: Who are the carriers that could probably present me with a cell tower lease to negotiate on my property?

FOR: Generally, the wireless service provider will not directly present a cell tower lease to you. One of your real estate or wireless site acquisition managers will usually contact you first to assess your level of interest. You want to make sure before entering into a cell tower lease with any of the operating wireless service providers (ATT, Sprint-Nextel, US Cellular, Metro PCS, ClearWire, Verizon Wireless, Alltel, T-Mobile) or signing a contract With any of the big tower development or rooftop management companies (AAT, Crown, American Tower, SBA) doing their due diligence, but don’t wait too long.

Also, if you are lucky enough to be contacted by any of these firms, make sure that you or your attorney do not negotiate a cell tower lease. Often times, attorneys start to mark a lease just to get billable hours. If carriers have to waste a lot of time going back and forth, they will move to another site that is willing to do business, and then you will end up looking at the site instead of collecting rent from it.

Q: What should I look for in my cell phone tower lease?

FOR: A properly executed cell tower lease should protect your ground space rights, roof space rights, and address the sublet / sublease issues that many cell site owners often waste time. It will also include tax language to protect you from assessments. In addition, it is crucial to properly develop the site (tower height and available ground space) to allow for expansion and placement, which will increase the revenue of the cell tower. All cell tower lease display plans must be completed by a state licensed architectural engineering firm. I could write a list of a dozen things seasoned real estate attorneys regularly miss out on in cell phone tower leases, but then where’s the fun in that?

Q: I don’t know anything about zoning or construction project management, should I bother to have a cell site built on the roof of my building?

FOR: Haulers will not select your site if it is not feasible for development from a number of aspects, primarily zoning and a land use perspective. Only enter into a cell tower lease that puts the burden and expense of obtaining permits and approvals on the carrier or tower company, not you, the owner / lessor.

Q: What if cell phone towers become obsolete? What happens then?

FOR: Operators are heavily invested in the development of the wireless network. More than 70% of the US population uses cell phones. So if you hear rumors about a balloon, blimp, or satellite being used for cellular technology, don’t be fooled, cell phone towers are here to stay. We also didn’t stop using Sony Walkmans, now they just call them iPods, but people will always want personal music players, and the same applies to personal communication devices.

Q: How long will my cell tower lease last?

FOR: When you sign a cell tower lease, the lease term will initially be 5 years with two renewal terms in most cases, and an additional ten years after that. Since no one has a cell tower lease for 35 years so far, we can’t say how long they can be extended, but let’s assume your cell site leases will be extended for as long as you own the site and people need to do so. talk to each other on wireless devices.

Q: How much can you get for your cell tower lease?

FOR: Isn’t that always the big question … And our answer is that it depends on how much they need your site and where it is located? The closer to the heart of a major metropolitan area, the greater the demand for wireless coverage and capacity – and the more you can get. Rooftop sites vary from land leases. For example, in Columbus, Ohio, you might get $ 1,100 per month each for three haulers on your roof for a total of $ 3,300 per month. Whereas if you had a cell tower on your property in the same city, you could get $ 1,200 for the first carrier to build the tower, and additional carriers would pay rent to the first carrier to be located on your pole, and then each pays you $ 900 for space rights on the land, or a total of $ 3,000 per month.

Q: Shouldn’t my lawyer be able to guide us?

FOR: Leasing a cell phone tower is a very complex and specialized contract that leans heavily in favor of the cell phone operator. But think about it, it has to be this way. Getting a cell phone tower built on your property is like Donald Trump saying, “I would like to have a small portion of your ground space and I am going to build a structure on your property that will cost hundreds of thousands of dollars in MI. expense, and it can potentially bring you $ 1 million to 2 million in rental income over a 25-30 year period if we can develop it properly. But I’ll only do this if the contract protects my investment. That, no hard feelings, the neighbor has 2,000 feet square of space and I could use my retirement money. “

Now nothing against Mr. Trump, because he is an icon of success, but if you were to sign a deal with him, would you use an average lawyer or hire a top lawyer? And that’s where we find a talent shortage in the market. Those who can afford it hire an attorney who specializes in cell phone tower leases, those who can’t keep their fingers crossed and hope to get a good deal.

This is why developing and leasing cell phone towers on your own is a challenge and why homeowners who can find a partner to work with are well served in both the short and long term.

Q: How can I get a cell tower lease signed for a tower on my property or antennas placed on our roof?

FOR: Having an uncle working in the real estate department at one of the carriers is your best option. If that’s not an option, submitting your site to the operators directly gives you roughly a 1 in 1,000 to 1 in 10,000 chance for site selection.

Here’s our insider secret to getting a cell phone operator interested in your site, revealed for the first time anywhere. First, pray to the radio frequency gods. Then print a dozen 18 x 24-inch “bandit posters” on your property that say in bold “I want a cell phone tower on my property.” Your neighbors are likely to steal them, but keep them posted on your property in a conspicuous area. If a site acquisition consultant drives that way, you should get a call.

Last question … (Extra credit)

Q: What is the difference when signing a cell tower lease at $ 2,000 per month with annual increases of 2% vs. the same monthly rent amount with anticipated 3% increases over a 25-year cell tower lease period?

FOR: The difference is $ 132,000 over 25 years. WOW !! Are you happy or are you kicking yourself?

Shopping Product Reviews

What to expect from the Samsung Galaxy Note 8.0

admin

Finally, the Samsung Galaxy Note 8.0 has arrived; this has come as the latest version between Note 10.1 and Note II which is a convergence of a tablet and a smartphone. The Note 8.0 is also capable of dual functions as a tablet / phone. It is Stylus-enabled for better communication and good user experience. Let’s find out what is for and what is against.

What’s new?

Everyone seems to be satisfied with Apple’s latest offering on iPad, the iPad mini, when compared to the Galaxy Note 8.0, 3G model; this also seems useful at a weight of 338g. the sleek body measures just 8mm. The entire design is rounded at the corners with soft edges that looks somewhat similar to the Note II. This tablet also includes an S stylus that has a slot to hold it in place in the right corner.

The screen resolution is 1,280 x 800 pixels which goes quite well with its 8-inch screen and a pixel density of 189 ppi. Unlike other slates, it’s not that impressive, but when compared to the iPad mini at 163ppi, it seems like a much better option.

Samsung has an Exynos processor in its tablet, although the version is not 8-core, it is quad-core clocked at 1.6 GHz. It is more like other Samsung offerings including the S III and Note 2. Without You do get a decent 2GB RAM though. The on-board storage capacity on offer is 32GB with an expandable memory option via the microSD card slot.

As for what Samsung offered last year, the Note 10.1 seemed to lack some technological advancements. With the latest Note 8.0, it seems that not only has Samsung improvised, but also managed to tweak its technology and make other improvements that make this tab desirable. For example, the inclusion of S pen is enabled with the technology to control even the buttons for typing. This way, there is no need to slide your finger to switch between fingers and stylus functionality while using your device.

Air View, is another latest addition to the technology that allows you to preview. Hover your S pen over third-party apps and menus and see a short preview. Another addition is the Flipboard app that allows you to display the headlines that appear as soon as you place the S pen over the headlines. Also, Samsung offers you Awesome Note for free which was only available to iOS users after paying a significant fee.

The Galaxy Note 8.0 has an amazing tool, the IR Blaster, that helps you control your electronic devices. Now your Note 8.0 will act as a universal remote control to control TVs, music players and other multimedia devices. You can also control Samsung’s flagship product and other products.

Unlike its previous versions, this 8-inch Note is capable of making phone calls and even sending SMS. You can surf the Internet and even receive a phone call simultaneously. The only downside seems to be that the 3G model is not yet available to the American public, they will receive the Wi-Fi version.

Most of you might be expecting a state-of-the-art Android tablet loaded with Google’s best operating system. However, not everything is what it seems, the Galaxy Note 8.0 version is loaded with the Android 4.1.2 operating system. This might disappoint you if you were expecting version 4.2.2 compared to the Google tab that already has this one. Comparatively, Samsung is a bit behind in OS technology.

This new version is not much different from its predecessor, but still a few tweaks make it worthwhile. Features like Photo Sphere may still be useful to some. Other things include proprietary Samsung apps that can be a bit difficult to use with the Android system. Another thing that might bother you is the overall glossy finish that attracts fingerprints.

conclusion

Pricing has yet to be officially announced by Samsung for Note 8.0, although it appears that this product will be placed in the premium range. You can easily expect it to cost around $ 329.

The best thing about this latest version is the S stylus and the additional features it includes.

The official worldwide launch of Samsung Galaxy Note 8.0 is scheduled for the second quarter.

Sports

Looking back at the last perfect game in Major League Baseball

admin

In today’s MLB era, when strikeouts are rampant, the fact that the Giants’ Matt Cain struck out fourteen batters would not make the front page of any newspaper except on the West Coast. Yet a few more details from that game from five years ago remain unmatched even today.

For example, those fourteen puffs represented more than half of the hitters Cain faced that day, and four of them were against future batting champion Jose Altuve. Removing all 27 batters from Houston’s lineup could mean only one thing, and that’s that Matt Cain pitched a perfect game that day.

Certainly a rare feat, a perfect game had only been accomplished 20 times prior to that 2012 season, and Cain was just 22nd in baseball history. Surprisingly, just a few weeks earlier, White Sox right-hander Philip Humber pitched a perfect game for Chicago against the Seattle Mariners.

Even though Humber managed to sniff out MVP Ichiro Suzuki, the Chicago starter finished with five fewer strikeouts than Cain during his perfect game. In fact, Humber came close to losing his flawless fight in the bottom of the ninth, when he went to the full count on two of three batters in that inning before they both rocked and missed.

However, the fact that two perfect games had been thrown in the same season, remarkable as it was, did not set a record. Just two years earlier, in 2010, Major League Baseball had witnessed two perfect games in the same season. Believe it or not, those two launch gems occurred in the same month, a little over two weeks apart.

On May 9, Oakland left-hander Dallas Braden retired all twenty-seven Tampa Bay batters, handling just six strikeouts in a game that took just over two hours to complete. Exactly twenty days later, Roy Halladay of the Philadelphia Phillies pitched a one against the Florida Marlins, striking out eleven batters in a 1-0 victory.

Therefore, the almost impossible feat of the 2012 season had already been achieved two years earlier, but on August 15, Félix Hernández made it a historic year. The Seattle Mariners ace had a flawless outing against the Tampa Bay Rays, the same team that had fallen victim to Oakland’s Dallas Braden just two years earlier.

The former Cy Young Award winner stoked twelve Tampa Bay hitters, while making the only run scored by his teammates serve up the narrow victory. Hernadez’s jewel was the third of that season, and no other pitcher has played a perfect game since.