Earn money from Internet Real Estate business
I might have used the wrong title here. I could’ve made it even more interesting with some thing like “earn money with internet real estate”. But I assume that many of you already know what I’m talking about. Site Flipping.
Flipping sites is a cool way to make some money online. For first time listeners site flipping means - Buying and Selling sites. That’s probably the shortest description for it.
There are quite some smarties I’ve seen who are really pro’s in this business. They pickup niche sites wherever they can find, set a deadline, promote the site and one fine day sell it off for a huge money!
It sounds simple but there is lot of strategy involved in this. You cannot buy all the sites that’s on sale at sitepoint. You got to identify which sites makes more money, which one has the potential to grow, and you should be able to calculate which site you buy would be able to give back your money. So there’s a hell lot of information and brainwork going in.
Kevin, itself is a great store house on knowledge in this aspect. He has sold/bought many websites and made somer cool cash also. I’m going to request him to write a site flipping tips article for all of us sometime soon.
I haven’t yet experiemented this, but I’m keen to. I’d like to know from the readers, their experiences of selling and buying sites, and how they made money from it. I’d also request people who failed at it to give the rest of us some tips too, because it’s all going to add up.
So have you anything to say?
Michael Martine | December 10th, 2007 at 8:46 am #
Mani, I’ve been keen on learning about this, myself. I’m basically commenting in order to subscribe to the comments!
Thanks for bringing this up.
Kevin | December 10th, 2007 at 11:01 am #
Website flipping isn’t really blog related so I can’t really post about it at BloggingTips. I know that BloggingTips has a lot of readers who are interested in making money through buying and selling websites etc however I don’t want the blog to stray off topic
I’ll do a post about it on System0 today or tomorrow.
Kevin | December 10th, 2007 at 2:49 pm #
I wrote a quick post about the subject
Some basic tips on making money from Website Flipping
Michael Martine | December 10th, 2007 at 2:50 pm #
Thanks, Kevin, much appreciated!
Mani Karthik (Post Author) | December 11th, 2007 at 11:04 am #
Thanks Kevin, Indeed great post.
Sauna | December 28th, 2007 at 10:39 am #
Hey Mani,
Thanks for writing about this topic. It’s an interesting business to get into and I think I may just try it!
As with any business the key will be in doing the right diligence on the properties you are considering to buy. Has anyone produced a list of questions or topics that should be considered in evaluating a site to buy?
Kiralik Daire | June 10th, 2008 at 4:47 am #
Thanks for information.
Brett | July 10th, 2008 at 5:55 pm #
Website flipping is such a fun way to make money online! I have been doing it for a while now and am not planning on stopping anytime soon. I have recently started a blog that gives you tips and tricks to help you start and successfully run your website flipping business. If you would like to check it out, or if you have any questions I would gladly help any of you.
Not trying to spam but here is my site:
http://websiteflippingadvice.com
Thanks,
Brett
john capitol hill condo | August 6th, 2008 at 1:21 pm #
There is some great information on this blog. I have read just this one post and im already interested. When I have more time i will have to come back and read everything. Im going to bookmark this right now.