Lease or build my own tower

Which makes more sense, building a tower or leasing my land? I live in Hammondsport NY on one of the highest elevations in the area (2000 ft). It is a rural area with high tourism. The site is 150 ft. from the road with power and phone lines available. Cell service is poor and we often have dropped calls. I have a brother in NJ who has built a cell tower and is doing well. Can I expect similar results in my area? I am aware that demand is a key issue here but I not sure of the key aspects of the project and cannot truly get a grasp of the actual ROI. Please advise.

Martin Worth

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Sep 23, 2021
Building your own tower is Very Risk - cell tower field of dreams...

Unless you know where a cell tower needs to be built or have inside information from a wireless carrier or a letter of intent, building your own tower is very risky because unlike the "Field of Dreams" if you build it, there is no guarantee that they will come.

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