Real Estate Fundraising with Cryptocurrency

Cryptocurrency is starting to heat up and gaining attention in the press thru Initial Coin Offerings (ICO’s) being promoted as a new platform in real estate. Digital currencies has many applications in real estate, with many potential benefits for investors, individual buyers, sellers, renters, and the market itself.

Entrepreneurs and Investors are trying to incorporate digital currencies into real estate transactions today by creating new currencies and tokens for buying, renting, trading, and investing in real estate, without having to conduct a traditional transaction. This is more like buying shares in a company that may own real estate.

 
 

Some of the advantages for Using Cryptocurrency in Real Estate are; the ease of the transaction thru digital transfer of funds to a wallet, reduction of costs & fees from typical real estate transactions, and the lessening of taxes on transferring property rights. By balancing the security of brick and mortar real estate with the flexibility of bitcoin, it has become much more simpler and accepted in the industry.

The explosion of Bitcoin among others this past year has prompted an uptick in the number of people accepting cryptocurrency. More than ever, the world of real estate also seems to be getting in on the digital currency action. The US is steadily gaining ground as more real estate based companies are accepting deposits and even full transaction payments.

 
 

More and more real estate transactions are being purchased, listed and sold with Bitcoin, Ethereum and other cryptocurrency as they become more popular and socially acceptable. The real estate industry is changing dramatically as new technologies and services influence the way society completes real estate transactions. In fact, some believe that cryptocurrency will revolutionize the future of all real estate transactions.

Your opportunity to invest...

 
 
Previous
Previous

Investment into the US Housing Market. Will the trend continue?

Next
Next

Year End RE Investment - TAX benefits for the Savvy Investor