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Profitable Cell Tower Flipping Formula
The old investment saying is that there is always a bull market somewhere. A profitable cell tower flipping formula can turn assets in plain sight into pure gold. Flipped cell tower assets? What is that all about? Here is a little background and then a profitable cell tower flipping formula for excellent investment gains.
Cell Phone Towers and Opportunity
A cell phone tower is also known as a cell site or cellular telephone site. These relay sites are the backbone of the mobile phone industry. When you take a taxi across town you do not lose your call because the mobile phone masts, or base stations, spread across town handle your call and pass it off from cell phone tower to the next. Cell phone businesses own a few of these stations but lease the majority. There are about 370,000 of these relay stations in the USA that are available for purchase and sale. These sites have commercial value. They may be a simple plot of land in the country or on the rooftop of a building in the city. The value of the asset may be just in the cell phone tower lease or it may be a composite of tower lease and other real estate and commercial value. Here is where a profitable cell tower flipping formula comes in.
Finding Potentially Profitable Cell Tower Assets
Go for a drive on a Sunday afternoon. Look for mobile phone masts on the tops of buildings, on free standing towers, on hill tops, and always in plain sight. You can also go online to sites such as www.AntennaSearch.com to find sites near you and a trip to the county tax office will be useful. If someone is already trying to sell property with a cell phone mast on it, a commercial realtor will be handling the property. This is the first step of a profitable cell tower flipping formula.