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Bitcoin and Property Management: Another Method for Paying Rent

Member price:

$59.00

Your price:

$ 99.00

04/18/2024

11 am PT / 12 pm MT / 1 pm CT / 2 pm ET
*approximate length: 45 minutes to 1 hour

Presenter:    Jason S. Hagenow, CPM®, CGPM™, Vice President Property Management at Meridian Group, Inc.

Join us for an engaging hour-long webinar as we begin to unravel the intricacies of Bitcoin. If you’re like most of us, you're just starting to dip your toes into the world of Bitcoin and are looking to explore its practical applications and uses.

We'll begin by demystifying Bitcoin, covering its fundamental concepts in an accessible manner. From understanding what Bitcoin is and how it works to exploring its underlying technology, blockchain, participants will gain a comprehensive understanding of the revolutionary digital currency.

Moving beyond the basics, we'll delve into practical applications of Bitcoin, including how to use it for everyday transactions such as paying rent. Discover the convenience and efficiency of using Bitcoin as a form of payment and learn how property managers can benefit from embracing this innovative payment method. We'll discuss the advantages and potential pitfalls of integrating Bitcoin into rental payments, offering insights into its impact on both landlords and tenants.

Throughout the webinar, we'll address common questions and concerns surrounding Bitcoin, providing clarity on topics such as security, volatility, and regulatory considerations. Whether you're interested in diversifying your investment portfolio or exploring new avenues for financial transactions, this webinar will equip you with the knowledge and tools needed to navigate the world of Bitcoin with confidence.

Join us as we unlock the potential of Bitcoin and explore its role in shaping the future of real estate transactions. Don't miss this opportunity to gain valuable insights and stay ahead in the rapidly evolving landscape of Bitcoin.

Learning Objectives:

  • Gain a foundational understanding of Bitcoin, including its definition, underlying technology (blockchain/timechain), and key features that distinguish it from traditional forms of fiat currency.
  • Explore practical applications of Bitcoin in real-world scenarios, with a focus on using it as a payment method for rental transactions and as a store of value.
  • Understand a process of using Bitcoin to pay rent, from setting up a digital wallet to executing secure transactions, ensuring participants feel confident in navigating the payment process.
  • Evaluate the benefits and drawbacks of using Bitcoin for rental payments, considering factors such as transaction speed, security, volatility, and regulatory considerations.
  • Identify potential reasons why property managers may choose to accept Bitcoin as a form of payment, including its potential to attract tech-savvy tenants, streamline transactions, and reduce reliance on traditional banking systems.
  • Assess the impact of accepting Bitcoin on both landlords and tenants, including potential tax implications, exchange rate risks, and strategies for mitigating risk.
  • Gain insights into emerging trends and best practices related to Bitcoin adoption in the real estate industry, enabling participants to stay informed and adapt to evolving market conditions.
  • Engage in interactive Q&A session at end of webinar to address specific concerns, clarify misconceptions, and deepen understanding of Bitcoin and its implications for the rental market.

Jason Hagenow has over 25 years’ experience in the multi-family real estate industry and currently serves as Vice President Property Management at Meridian Group, Inc. Jason values discontent with the “Status-Quo” and as a result he relentlessly pursues change and new ideas. He credits his attitude of being “curious not furious,” among one of the reasons he has been successful in both his professional career and his personal life. He and his partner have owned their own small portfolio of apartments since 2016 and have recently began accepting bitcoin as a preferred payment method.

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