Owner FAQs
Answers to your frequently asked questions
-
Am I required to make my property available to Section 8?
Property owners are not required to accept Section 8 tenants unless local laws mandate it. We recommend checking applicable regulations in your area or we can provide that guidance. -
Are you licensed?
Yes, we are a licensed property management company, ensuring compliance with all relevant industry standards and regulations. -
Can I reach you after hours?
Yes, we provide an emergency contact for urgent issues. General inquiries will be handled during normal business hours. Your Site Manager will be your direct contact outside of Accounting and Escrow questions. -
Can you put the money directly into my account?
Yes, we offer direct deposit for owner disbursements, ensuring a smooth and timely transfer of rental income. -
Do I get to see the lease or sign it?
Owners can review the lease agreement before it is signed. As the Landlord, you may be asked to sign the lease unless we have completed a Limited Power of Attorney to handle it on your behalf. -
Do you sell real estate too?
Absolutely! Our parent company, LoKation Real Estate provides all Real Estate Brokerage Services across Florida, Georgia, Alabama, South Carolina, Texas and Colorado. -
How and when do I get my checks?
Owner disbursements are made on a regular schedule each month, typically via direct deposit or check, after rent is collected and any applicable expenses are accounted for. -
How is rent collection handled?
We offer multiple rent payment options, including online payments and traditional methods, to ensure a smooth collection process. Late payments are addressed according to lease terms. -
How long of a lease do you sign?
Lease terms vary based on market conditions and owner preferences, but standard leases are often one year long. Other lease term options may be available upon request. -
How much security deposit do you charge the tenant?
Security deposit amounts typically align with market standards and legal requirements. The specific amount may depend on factors such as rent price and tenant qualifications. -
How soon can you start managing my property?
We can begin managing your property as soon as the necessary agreements are completed and the property is ready for leasing. We are very well-versed on transitions from other companies, check out our Transition Guide. -
What type of properties do you manage?
We manage a variety of property types, including single-family homes, multi-family units, condos, apartment buildings and commercial spaces/buildings. -
What type of reports do I get and how often?
Owners receive monthly and annual financial statements detailing rent collection, expenses, and maintenance updates. Additional reports are available upon request. -
Who holds the tenant security deposit?
Security deposits are typically held in a dedicated account by Lokation Property Management, as required by local laws. The handling of security deposits varies by jurisdiction and Landlord preference. We do allow Landlords to hold deposits themselves, however this is not always ideal.

