Chicago-based Rentalutions online landlord software assisting DIY landlords find, screen tenants, create leases and collect rent, has announced it will now accept bitcoin, as a form of payment for rentals.
Rentalutions claims to be the first online property management company in the world to allow tenants to pay rent with bitcoins.
The company states that, bitcoin offers the easiest, fastest and safest way to pay for rent, with bitcoin payments not bouncing like a conventional check. Landlords will have the option of being paid in either bitcoin or in US Dollars.
On their website, Rentalutions said that, as bitcoins becomes increasingly more popular and tenants look for landlords to allow them to use they believe tenants should have bitcoin as an option for paying rent.
The only difference in this new way of paying for rent is that, a small processing fee will be assessed to bitcoin payments.