Hello @Rescovedo,
Thanks for asking. 
this will require change in theme files. Before proceeding I suggest you to setup child theme. You can use following resources to download and setup child theme.
https://theme.co/apex/child-themes
Please copy _content-post-footer.php from /wp-content/themes/x/framework/views/renew/ to /wp-content/themes/x-child/framework/views/renew/. Kindly create necessary child folders. I am taking example of Renew stack. You need to navigate relevant directory based on the stack you are using.
Next, open the copied file and replace code present on line number 13 with following:
Original code: <?php echo get_the_tag_list( '<p><i class="x-icon-tags" data-x-icon=""></i>'. __( 'Tags:', '__x__'), ', ', '</p>' ); ?>
Replace with: <?php echo get_the_tag_list( '<p><i class="x-icon-tags" data-x-icon=""></i>'. __( 'Location:', '__x__'), ', ', '</p>' ); ?>
Thanks.