I love the award system here on BP.

@Manuel Sarabia If you listen to the people on this site who tell you not to put your property into an LLC and only buy insurance, you will be completely and totally screwed when the courts make an award larger than your insurance coverage and the plaintiff takes all your personal assets.

Cal C.Real Estate Investor from Norcross, GeorgiaUpdate Jun 03, 07:38 AMVotePlus 642 posts264 votes6 awards QuoteReport Abuse Leverage is like a power saw when used correctly it is great tool, but when not used correctly...To add to @Chris Masons point, it is very important what you do with the money you pull out of a cash refi.

Our bid to award ratios remain strong; currently we get 2 out of every 3 we bid on.Good luck.

I am trying to avoid hiring an atty, as it seems as though my award $ would be eaten up by their fees.

Our company is planning to open a new service for RE investors in residential clients and perhaps property management companies, according to our employee pool, most of them work at residential short term remodels (3 days to 4 weeks) on the side if we are between jobs (waiting for award or notice to proceed or still bidding). 

I was awarded a judgement against a former tenant and trying to collect.

The VA will award me a monthly housing stipend of $1600.00 as long as I attend school full time.

That award should be made by others and by those who have a great deal of knowledge in the subject at hand, and certainly not by others with limited knowledge.

BTW - We're trying to get BiggerPockets nominated for an award similar to the Oscars or Emmys (for tech companies) called the Crunchies 2008.Please Nominate BiggerPockets for a Crunchie for Best Bootstrapped Startup - For a company that has raised less than $100,000 cumulatively from individuals, angels or others.EVERYONE CAN VOTE AND HELP!