Keep/sell tower lease
Bought a property about 5 years ago with a cell tower on it. It took awhile to get things figured out with it and unfortunately my wife signed the very first contract they sent because she was ecstatic to get it going...any way they pay 850 a month for 5 year with 7 auto renewals and something like 10 percwnt increase every 5 years. The tower has been sitting empty for the most part but I caught a tech there recently saying hes with Verizon and they're going to be instsllining within the next few months....well now im being approached with offers for buy outs had several offers current offer is at 250k my question is sell and invest or keep and try and renegotiate terms to bring in more monthly....or just wait and see if Verizon actually installs...the tower is like 98ft tall pole style if that means anything