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Should You Invest in Real Estate with Bitcoin?

[Updated: Dec 29, 2020 ] Dec 29, 2020 by Deidre Woollard
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Accepting cryptocurrency for select condominiums in our New York City portfolio enabled us to expand our buyer pool. ... For the transactions we did, the U.S. dollar payment was net to us and we locked buyers into prices on day 1. Nothing changes for us as the price of the crypto fluctuates. In multiple cases, the buyers preferred to use it for 'personal reasons.' The challenges were how to handle this type of payment on the backend with the offering plans, attorney general, and ensuring all parties were comfortable.