Let me know if you are interested.

It’s amazing how much money so many domain owners leave on the table by just putting parking ads on their domains. Which is pretty similar to what you are suggesting about flipping sites – except the sites my partners buy are completely undeveloped at all.

Once developed of course the traffic escalates quickly, and with it comes the revenue. It doesn’t always require a huge amount of work either. Then you can either sell the whole developed (flipped) site, or keep it for a great passive income!

My partners love their passive income. They just love making money while they sleep, and even better, while they are on vacation!

- Gary Webber
http://www.badcreditremortgage.net/

Several of my newer sites will be flipped and I’ll start the process again.

I’ve developed blogs/websites for the past 6 years and I love doing it, 9 times out of 10 I build them from scratch doing everything and turning a profit, only really have to pay for the domain name and hosting, everything else just takes time.

Time however is running out in most cases so I might have to begin taking the easy way out and buying an already build blog or website, fixing it up, do some SEO, rank it better, drive more backlinks and traffic then flip it or keep it depending on the work involved in keeping it running.

The moral to all of this is to say even though I’ve not got into that particular market with my blog earnings, I have gotten into the domain portfolio market, thats what I do with all my blogging profits at the moment, I buy generic, popular, domain names and hold onto them for a long long time in hopes that maybe one day they will be worth 500,000 or more like cyperspace.com is now worth or computers.com or anything else for that matter.

Keep up the good work and nice blog.

Thanks for the tips on this very interesting topic. It would be great to see an article from you in the future about what to look for in the due diligence process.

I’m someone that earns a full time income off the web and it allows me the freedom to venture into other areas and fields, but I have almost always found that venturing too far from core competencies often leads many ventures that just don’t reap a ROI even close to that of the one you would have achieved if you were to have focussed more on your core competencies.

I mean website flipping can no doubt be extremely profitable and I have purchased a couple of domains and sites in the past which are now effectively “cash cows” but for the most part, I look back at these and still go, all in all considering the time invested they were a waste of time and I should have been focusing on my core competencies, but this is probably more due to my inexperience with site flipping/investing by not selecting good “web properties” to invest in.

I guess it is the old situation of you are better off being the master of one skill than a jack of all trades, because I mean anything can be done profitably if you do it efficiently, effectively and with scale.

But for the time being my profits are being reinvested in getting people to do exactly what I have been doing for the last 36 months and working on projects in areas that I know inside out with tried and true methods, but now just being done on scale and a lot more efficiently and effectively.

“In fact I bet not a single blogger reading this article will have done what I do with some of my blog profits (feel free to leave a comment and prove me wrong though).”

Well, I tried once, but it was a failure. I bought a site for few hundred, his owner claimed it makes about $40 per month, but in fact it barely makes 40c. But that was a valuable lesson for me, I learned from my mistake and now regularly looking at the marketplaces for better deals.

My point is, like with any investment there is a risk here that you may not return your money. But the odds to win are much better than with buying offline property

I didn’t join SIMPLE – too busy writing the blueprint and preparing blog mastermind to do much else back then.

I know Ed though so I might check about getting access to simple next month.

I’ve seen Ed’s sales speech and I have the orlando event DVDs, so maybe there is more Ed there.

I love this topic, it’s like investing in real estate on a small budget.

Yaro

Vijay
Freedom is all I want
Freedom is all I shall have.

Did you do the $1 SIMPLE trial through Stomper? They let you watch the full keynote speech from Ed Dale, and this is pretty much what he said as well. You might want to check it out if you have access and haven’t already.

Thanks

Talk about maintaining your momentum!

I like to print out your fine articles. So many nights, I find myself reading til 4 am, 5am. I look at the clock and simply can’t believe the time.

Excellent article!!

What can I say but WOW!!!