They might as well be working at Mcdonald's and saving the gas money.Agents if you are working like a dog for really low fees please start learning more knowledge so you can increase your earning potential and make yourself more valuable to sophisticated clients who will pay you extremely well for your time.Some on here I am sure will chime in and say this broker or agent does rebates and does great etc., etc.

It will bring a sophistication to your investing that you won't get elsewhere.

I would much prefer to not work with the big banks and in my experience sometimes local lenders are not very sophisticated when it comes to non-cookie cutter conventional residential lending.For instance I recently worked with a local NC lender on a subdivision and construction loan which incurred unnecessary delays and thousands in additional expense, not due to the economics of the deal, but rather the bank's ignorance of the law and considerations that arise in subdivision/recombination of a plat.Go forward I would much prefer to work with lenders who are well versed in dealing with REI and avoid paying for the bank's learning curve and oversights.

I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.BRRRR is a pretty sophisticated strategy.

Investors (especially sophisticated multi-family investors) are settling for lower cap rates and those awesome deals at 70% ARV are just harder to come by - especially on the MLS.

Admittedly not a very sophisticated strategy.

Someone spending $3 million or so on a building is likely going to be pretty sophisticated in investing and know other people to put together a project or already have connections with builders , city connections ,etc.

With a solid team, a sophisticated investor should be able to do this within 30 days easy. 

I'm a full-time payroll clerk.

It's one of the most unimportant things sophisticated investors looks at.