The phrase denotes a selected kind of rental property search. It describes the act of looking for residential dwellings, provided for lease instantly by particular person landlords, within the fast neighborhood of the particular person conducting the search. For example, a person relocating to a brand new metropolis may make the most of this phrase to discover a home managed and owned independently, somewhat than by a big property administration firm, positioned inside a fascinating neighborhood.
Finding lodging via impartial lessors can provide a number of benefits. It could lead to extra versatile lease phrases, doubtlessly decrease rental prices because of the absence of company overhead, and a extra direct and personalised landlord-tenant relationship. Traditionally, this strategy to discovering housing was dominant earlier than the rise of enormous property administration corporations and on-line itemizing aggregators.
