SolutionsThis lost time means the lost opportunity for rent, which means that we have to cut our budget somewhere while still:1.

Oh I also cut down on going to Vegas two or three times a year!

During the last property cycle, the gal who cuts my hair would quiz me about real estate investing.

We are finishing up a rehab project right now and the contractor that was doing the work was doing a horrible job, taking too long and causing a lot of issues, so I decided to fire him this past Friday and cut my losses.I haven't paid him his final draw yet and based on the quality of work (or lack there of) and he was already at his time deadline based on our contract and had at least a third of the scope of work still unfinished or needing redone because of how bad the finish work was.I tried to negotiate a final amount for us to agree upon to part ways and have the contractor sign the final lien waiver, but he is requesting more than what I think he deserves and he is threatening to file a mechanics lien against our property if I don't give him what he wants.Any thoughts or suggestions on what my rights are and how I should handle this???

@Scott C. don't cut off your nose to spite your face.

If you cut down all the trees (or clear the wrong section) without actually knowing what your buyer would have preferred, you could even hurt the property's value (because the buyer who would have paid the most wanted it to be completely wooded - and now doesn't meet their needs anymore).I wouldn't suggest taking any kind of permanent action like this until you know what your buyer wants.

The Fed then immediately cutting its short-term interest rate to even lower than pre-1937 period.

(I have booties that the electric co uses to cut the electric, so when I have done it, the meter is still there and they think the electric company cut them off.).

Cut your losses and move on.

I don't fill out documents for a purchase transaction for less than $5K, that's just minimum, that means my deal needs to cut $8,750 plus costs, likely $10K to sneeze at it.Using high cost money cuts your profits, often a lender can make more than the investor ends up with!