Investor & contractor disagreeing on extent of work for project

[Travis Davenport]

My contractor and I have constantly been disagreeing (friendly of course) on the amount of work to complete the project.  My mindset (that has worked well for me so far) is make the house cosmetically attractive as far as the usual paint, flooring, fixtures, landscaping, trim, cabinets, ect.  If it's a saftey issue it gets fixed. 

   The contractor on other hand is all about re-wiring a lot of the house when in my opinion it's not needed because everything works just fine.  The issue is every time he wants to do things like this, I cringe because all of these things add a lot of cost without adding value and pretty soon we're way over budget.  I tell him a person could work on a house for an entire year and still not be (done). You can't do everything and expect to make money.  His philosophy is that I'm cutting corners and not doing it right.  This is only one example.

  I'm looking for input, insight, and advice on what to do and how to handle this. Has anybody been in this situation before? 

[William Jones]

I always develop a pretty specific scope for my contractors.  Avoids these types of discussions most of the time.