MrDudeMan
Lifer
- Jan 15, 2001
- 15,069
- 94
- 91
Originally posted by: SagaLore
For 1800 per month and help maintaing the road, I would go for it and add EM shielding into my walls.
do you wear sunblock every time you step outside? that would help you more than shielding yourself from the "harmful" cell phone tower.
I would also, even if they didn't Verizon may build on property close by and she's still have a bad view, health risks and no $$$
this reminds me of putting the Military Base in my Sim City to save it from being backrupt....soo....no.
If your sister had more than 3 acres, say 30+ acres, it might be worth it. As it stands, I'd expect Verizon would want to cordon off a significant chunk of her property for the tower. Figure Verizon will also need/want to install additional power lines, an access driveway/road, a fence and possibly an outbuilding. IMO, it's not worth it if she only has 3.5 acres. I'd expect her property resale value to plummet.
Edit: I'm seeing a lot of "yes" and "hell yes" answers. Something tells me the majority of the folks answering this way are either hard up for cash or aren't property owners.
Edit: I'm seeing a lot of "yes" and "hell yes" answers. Something tells me the majority of the folks answering this way are either hard up for cash or aren't property owners.
make sure she realizes how much her land will depreciate in value if she does this...
also, make sure she works out how long this deal lasts (i.e. it should go up year to year, etc...)
i.e. hire a good attorney.
also, make sure she works out how long this deal lasts (i.e. it should go up year to year, etc...)
i.e. hire a good attorney.
what would the tower look like? how ugly are we talking about? a pristine metalic spire might be ok.. why would there be more traffic past, tho? people need to cell towers constantly?
GeekDrew
Diamond Member
- Jun 7, 2000
- 9,099
- 19
- 81
I live in the country... farmers *love* it when companies want to put cell towers on their land. It just means money rolling in, with no real negative.
Cell towers generate very little traffic - maintenance men & inspectors, on occasion. Nothing big. I'm assuming that land value drops in some areas - but around here, there doesn't seem to be any negativity in regards to purchasing land with a tower on it.
However - many people have been screwed out of having towers on their property because they did not accept the first offer - my uncle was one of those people. Some company (either Verizon or Cingular) asked my uncle if they could build a tower on top of one of his hills - they said that it would be the most ideal place around... I think that they were going to give him $1700 / month. He asked them if it would be possible to also have a free cellphone for him and his wife - and that was apparently enough of a debate to make them stop considering his farm -- they went with the next door neighbor's farm, even though they admitted that the conditions were not as favorable on the neighbor's farm. My uncle was pissed off at himself for not accepting their first offer.
Cell towers generate very little traffic - maintenance men & inspectors, on occasion. Nothing big. I'm assuming that land value drops in some areas - but around here, there doesn't seem to be any negativity in regards to purchasing land with a tower on it.
However - many people have been screwed out of having towers on their property because they did not accept the first offer - my uncle was one of those people. Some company (either Verizon or Cingular) asked my uncle if they could build a tower on top of one of his hills - they said that it would be the most ideal place around... I think that they were going to give him $1700 / month. He asked them if it would be possible to also have a free cellphone for him and his wife - and that was apparently enough of a debate to make them stop considering his farm -- they went with the next door neighbor's farm, even though they admitted that the conditions were not as favorable on the neighbor's farm. My uncle was pissed off at himself for not accepting their first offer.
I would tell them I need 30k per year minimum contract after 5-8 years it would be up for re-negotiation. Also in the contract I would require Verizon to remove the tower if they decide or it is no longer of use. Nothing worse than an abandoned tower on your property and you are stuck with the bill for it's removal.
Saint Nick
Lifer
- Jan 21, 2005
- 17,722
- 6
- 81
yhelothar
Lifer
- Dec 11, 2002
- 18,409
- 39
- 91
http://www.strangepersons.com/images/content/14145.JPG
here's one i found on google.
Doesn't look bad at all.
here's one i found on google.
Doesn't look bad at all.
yhelothar
Lifer
- Dec 11, 2002
- 18,409
- 39
- 91
lol they put up a cell phone tower by the old faithful geyser
http://www.cellular-news.com/story/10834.shtml
http://www.cellular-news.com/story/10834.shtml
The present value of 1800/month for eternity discounted at 7% a year is 274,000. It definitely makes sense to have Verizon adjust the payment to meet inflation. Assuming that, 274,000 is probably worth more than the depreciation of the house.
Definetly yes, but tie it with inflation numbers so the value wont dimish over time. And jack up the price a bit.
then rent the rest of the land and move to a nicer place
then rent the rest of the land and move to a nicer place
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