HOUSE

 

OUR WORLD MAY BE A SIMULATION, LET’S MAKE IT A NICE ONE.

TOPIC |INDEX
|PROPERTY |TERMS |APPLY |FORM |STANDARD |TENANT
|GUIDE |BUILDING |UTILITY |MANAGER |FILE |RECORD

 
 

STANDARD: PAY METHODS


THIS PAGE FOR.
• This page to provide information for making payments.

SCROLL DOWN FOR.
• LA APPLICATION SCREENING.
• SECURITY + RENT.
• LA METHODS.
• BCN METHODS.


LA APPLICATION SCREENING.

 

NOTES ON APPLICATION SCREENING COST PAYMENT METHOD.
1. Typically easiest using Zelle with owner email august.heinrici@gmail.com.
2. Complete list of payment methods and other options are listed bellow.


SECURITY + RENT.

 

SEPARATION OF SECURITY + RENT.
1. Make security deposits payments as separate transactions from rent.
2. Extra move in rent, late rent or rent for extra service is payed with rent.

SINGLE TRANSFER.
1. Rent must be made as single payment from one sender.
2. Roommates, partners and couples may not make separate payments.

METHOD.
1. Tenant must pay rent in the method requested by the owner.
2. Owner may change the required method of payment with 30 days notice.
3. Usually any direct deposit with no fee charged to receiver is accepted.
4. Method that result in charge to receiver must be reimbursed by tenant.
5. Typical options and info provided below.
6. Tenant must contact their bank for actual cost and transaction limits.
7. Receiving bank is Bank of America. Sending from same has is easier.


LA METHODS.

 

ZELLE.
1. Cost is free.
2. Transaction value limit may prohibit use, varies by bank $500-$3,500.
3. Autopay or scheduled payments usually not possible.
INSTRUCTIONS.
1. Transfer using email august.heinrici@gmail.com.
3. Info on Bofa Zelle transfer limits: Here.
4. Other method must be used if Zelle limit prohibits making single transfer.

ACH (AUTOMATED CLEARING HOUSE).
1. Cost is typically low or free to send, and free to receive.
2. Transaction value limit is high and usually not a problem.
3. Autopay or scheduled payments are usually possible.
INSTRUCTIONS.
1. Email owner for Bank Name, Account #, Routing # and Account type.
2. Set up payment using your online banking or calling your bank.

PHYSICAL CHECK DEPOSITED AT BANK BRANCH.
1. Cost is free.
2. Transaction value limit is high and usually not a problem.
3. Autopay or scheduled pay not possible.
INSTRUCTIONS.
1. Email owner for Bank Name, Account #, Routing # and Account type.
2. Write traditional paper check and bring it to a Bank of America bank.
3. Ask teller to deposit check directly to owner’s account using info provided.
4. Bank of America bank branch locator: Here.

WIRE.
1. Cost is expensive to send and receive.
2. Transaction value limit is high and usually not a problem.
3. Autopay or scheduled pay not possible.
INSTRUCTIONS.
1. Email owner for Bank Name, Account #, Routing # and Account type.
2. Contact your bank to set up wire.
3. For the value sending add $20 to cover fee charged to receiver.


BCN METHOD.

 

BANK TRANSFER.
1. Cost is typically free using domestic bank with IBAN number.
INSTRUCTIONS.
1. Email owner for IBAN number.