I have a cousin that lives in Virginia that is as passionate as me in achieving similar goals with REI, we regularly keep in touch to help motivate and make sure we aren't losing sight of goals.

Of coarse Airbnb would not have much motivation to regulate and effect a third of their business.

Since a lot of people responded that they were motivated by it, I decided to do a follow-up to my previous BP blog post "My First 12 Months as a Real Estate Investor…Here’s my story…"Read my latest BP blog post: "The Story Continues…18 Months Into Being A Real Estate Investor"

Pro's:- you know what you want, what to ask, where you want to buy,  and the average buyer agents who are not pro Airbnb specialists just do not know how or what to ask as good as you do, they can sometimes get in the way, I get it- you could potentially negotiate a reduction in sales price based upon the amount of the buyer agent commission, - the listing agent could work harder to put the transacation together because they are hogging the entire commission, - seller agents know the motivations of the sellers and you may be more successful uncovering motivation, or seller structuring it to work for both sides more effectively than buyer agent- the closest distance between two points is a straight line, we usually get better results dealing direct as experienced buyers, unless you have a superstar buyer agentCon's: - the listing agent commitment and fiduciary responsibility started with the seller, will they now all of sudden become truly nuetral as transaction broker?

Unfortunately, one has to go through many people to find reliable people with a sense of urgency and the same motivation.

Most of the deals I do are with truly motivated sellers who can't wait that long or for some other reason don't want to sell through the traditional route and are willing to trade equity to avoid it.That said, be careful in analyzing your deals, and don't get caught up in the hype and pay more than you should because you baked appreciation into the numbers.

I have recently sold a successful live-in flip in Charlotte that has motivated me to keep it rolling as I have been relocated to Raleigh for work.

Stay motivated, read and research, and you will do well. 

He does know that He won't get paid until we close on a home and he does see the bigger picture, with that said, does anyone have any advice for me that I could give him to motivate him to find these properties without having to get out and drive/bike for dollars everyday other than using the mls.

Last but not least - I would love to know your personal motivation in real estate.