Monetize Your Property with Cell Phone Towers 📶 | REtipster Podcast 155

Show Notes: https://retipster.com/155-hugh-odom/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=aNQvH73i0R4
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7 Ways to Make $1,000 Per Month From Vacant Land: https://youtu.be/oTnf8nymjQg

0:00 - Intro
1:02 - How did you get into this business?
2:17 - How do AT&T leases and easements work?
3:05 - Does AT&T need to own the property or just lease it?
3:47 – What is your role as a cell tower lease expert?
5:29 - Is it possible to get a cell tower on your land?
7:55 - How to get cell a company's attention & offer your land for lease
9:09 - Ideal property types for cell tower leases
11:55 - Size of 5G cell towers
13:49 - Residential properties & cell tower leases
14:30 - Will 5G replace home wireless routers?
15:45 - The future of Starlink and 5G compared
18:00 - AI & its potential Impact on cell towers
19:09 - The future of cell towers & length of leases
20:25 - Income from cell tower leases and pricing factors
23:30 - Can you renegotiate an existing lease?
24:34 - Do you offer free consultation as a cell tower expert?
26:00 - Can cell leases boost property value?
27:28 - Who pays for cell tower infrastructure?
29:28 - How to find nearby cell towers?
30:47 - How to value a cell tower lease?
33:35 - What happens to leases if cell towers become obsolete?
35:53 - Cell companies vs. Hugh: Do they hate your expertise?
38:08 - How to find properties with cell leases?
39:55 - Buying just the cell lease?
41:19 - Buy & Sell cell leases for profit?
42:48 - Why do people sell cell leases?
43:45 - How to find cell tower locations in your state
46:00 - How does Hugh make his money?
47:42 - Is there a risk of a huge bill after research: No tower - No bill?
49:25 - Any downsides to having a cell tower on your property?
52:34 - Can a cell tower be relocated?
54:03 - How to reach out to Hugh?

In this episode, I'm sitting down with Hugh Odom, a specialist who works with property owners looking to monetize their real estate by placing cell phone towers on their property.

Hugh shares his insights and expertise on the benefits and drawbacks of cell tower leasing and offers guidance on how to navigate the process successfully. He discusses the potential financial rewards for property owners and the important considerations to keep in mind, such as zoning laws, contracts, and negotiations with wireless carriers. Whether you're a property owner curious about the potential of cell tower leasing or simply interested in learning more about the industry, this episode is a must-listen.