General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply
Do you accept cryptocurrency for rentals?
Would you accept bitcoin or another form of cryptocurrency as payment for rent? (See for example https://www.inman.com/2018/01/04/landlords-increas....) My rentals are in a university town, and prospective tenants are asking me if I'll accept bitcoin. At this point I do not, but am certainly open to hearing why others do accept cryptocurrency.
This morning's report of a major "hack" (see http://money.cnn.com/2018/06/11/investing/coinrail-hack-bitcoin-exchange/index.html) has me wondering how landlords can protect their income if paid this way.
Most Popular Reply

No, it is not stable enough yet. If I were a tenant I might ask this to take advantage, by saying "oh it was worth $1,000 when I sent it" even though it is only $700 now if you would have to exchange it for real money make them do it so you know you are getting the proper amount.