Thursday, December 10, 2009
Condos and HOAs--Think Cell Tower
Associations in need of extra cash might consider installing a cell tower, or two on their building or within the common areas. They can generate thousands of dollars a month.
Many communities require co-location, which means more than one carrier on a cell tower. Which means even more revenue.
Two common concerns: health impact and cosmetics.
As to health impact -- The feds say they are safe. But others are not sure. So do your research on that issue and reach your own conclusions.
As to cosmetics, there are ways to hide them pretty well, and I don't just mean the old inverted toilet brush look.
Here is an article about this issue. Call me if any questions. 732-355-1311.
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