Renovation Budget Question

[Brian Reynolds]

Question for the group... if your contractor goes over budget during a fix and flip are you liable for those overages or is it on the contractor? For example I’m about 85% of the way through my first full fix and flip and and we are about $13k over budget. Some of that has been changes approved by myself but a lot of it is stuff he didn’t estimate properly when we signed our contract. Any advice is appreciated.