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Updated 7 months ago on . Most recent reply

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62
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Thomas Talbert
Property Manager
Pro Member
  • Property Manager
  • Austin, TX
49
Votes |
62
Posts

Do You Accept Crypto Currency for rent?

Thomas Talbert
Property Manager
Pro Member
  • Property Manager
  • Austin, TX
Posted

Does anybody accept Cryptocurrencies as a form of rent payment? I have been asked if it was a possibility several times and have never accepted however An argument can be made that there are some substantial benefits. If you do how do you process the payment? If you manage a property on behalf of someone how do you liquidate the asset to give the owner cash? What do the people of bigger pockets think? 

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Most Popular Reply

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Scott Trench
Pro Member
  • President of BiggerPockets
  • Denver, CO
5,882
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Scott Trench
Pro Member
  • President of BiggerPockets
  • Denver, CO
Replied

My tenants can pay rent with cryptocurrency, of course! 

... As long as they convert the cryptocurrency to dollars first.

And pay, in USD, via one of the approved rent payment methods in their lease.

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