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Updated almost 2 years ago on . Most recent reply

User Stats

46
Posts
9
Votes
Rachel Zhang
  • Investor
  • Fremont, CA
9
Votes |
46
Posts

Is mysmartmove.com a tool for landlord....the answer is NO

Rachel Zhang
  • Investor
  • Fremont, CA
Posted

I have been using the https://biggerpockets.mysmartmove.com for several years. and I found that even the smartmove.com claims that benefit is that tenants can get get their credit reports generated without giving out their social security numbers, meaning their identify is protected.

In realty, this product is only good for the tenants, but a disaster for landlords. Because when tenants do not pay rent, landlord can NOT report them to the credit bureaus due to lack of SS#. and the credit score comes out higher than if you get from other services. So my previous tenants were pleasant surprised that they got better credit scores.

In summary to landlords, my recommendation based on real life experience:

1.DO not use smartmove.com to screen tenants...There are better softwares.

2. DO get tenants' SS. Period.

Rachel Zhang

Most Popular Reply

User Stats

3,280
Posts
3,064
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Michaela G.
  • Investor
  • Atlanta, GA
3,064
Votes |
3,280
Posts
Michaela G.
  • Investor
  • Atlanta, GA
Replied
Originally posted by @Account Closed:

I have rented many things in my over 40 years of life including, automobiles from Enterprise, AVIS, Hertz, boats or sea craft from various establishments in various states, and yes countless hotels around the world.

Instead of asking me for a deposit they feel entitled to and SS# that is the most sacred of identity data, they simply put a hold on my credit card. If only LR's wern't so insecure and archaic in comparison to the worlds leasing practices, life would be easier and more secure.

Without ss# it's pretty difficult to file a successful judgement against them, unless they have an unusual name. In my low-income neighborhood, I have to deal with a lot of evictions. I'll never see the money again, but at least I want them to have a judgment against them, so that it'll be a little more difficult for them in the future.

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