Investors'
frequently asked questions.

Showing all 4 questions

What are Locara's management fees?

Locara charges a management fee as a percentage of rent collected, plus a leasing fee when a new tenant is placed. The full fee schedule is provided before any agreement is signed.

Get a fee breakdown with your appraisal

What if my tenant is mid-lease when I switch?

Changing property manager during a tenancy does not usually require a change to the existing tenancy agreement. Locara coordinates the handover with the outgoing manager and provides the tenant with updated management and payment details where required.

What if my current manager will not cooperate with the handover?

If records or handover items are incomplete, Locara follows up directly with the outgoing manager and lets you know what remains outstanding.

Is there any risk in switching?

Locara offers a 90-day commitment in writing before you sign anything.

Find out your investment property's
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