is it really worth it?

[wolfnine]

buying someone elses website and trying to flip it?

 

[Mike79]

IF you have an idea how you would seriously increase its value then yes.

 

[Kevinpro]

2 answer
1st Yes
2nd No

 

[Mike79]

2 answer
1st Yes
2nd No

What a useful reply

 

[mhtro]

Usually no. If they are selling it means they aren't making money, you could always improve upon a site thought just be careful and now what you are getting into. As a rule of thumb stay away from flippa because it's shit

 

[Mike79]

Usually no. If they are selling it means they aren't making money, you could always improve upon a site thought just be careful and now what you are getting into. As a rule of thumb stay away from flippa because it's shit

That's not true though. Plenty of money making sites are being sold, typically for 10 - 30 times monthly profits.

But you don't just buy a site randomly. Most buyers are in a specific niche, say crypto, and buy a site because they know how to seriously increase its value. That can be by changing the business model, increasing traffic through their existing network, adding lots of backlinks through their network etc.

You create a synergy within a niche or topic.

 

[mhtro]

That's not true though. Plenty of money making sites are being sold, typically for 10 - 30 times monthly profits.

But you don't just buy a site randomly. Most buyers are in a specific niche, say crypto, and buy a site because they know how to seriously increase its value. That can be by changing the business model, increasing traffic through their existing network, adding lots of backlinks through their network etc.

You create a synergy within a niche or topic.

Read before you answer. I said usually, I never said every site.

 

[drogon]

buying someone elses website and trying to flip it?

NO, if you think its got potential then just use the money you would spend to buy that site to build your own in same niche and then flip it.

 

[ManuWork]

Depends upon the quality of the site (content, backlinks, authority etc) and overall potential of niche the site's in.

 

[HiPurple]

Yes, of course, but just as in real estate (naked domains and websites are, in essence, virtual real estate), the profit is made with the purchase.

If you can get it for a good deal AND if you have the skillset to improve it (just as a person can do with brick-and-mortar properties), then this could be viable for you.

Lots of people flip houses here and make great money, but they know what they're doing. There's not really much difference between that and flipping virtual properties, except in the skillsets required.

Good luck.

 

[GoodBook]

I would say it's risky, better build your own.

 

[andrewndx]

If you're good at seeing potential,yep - you can easily live from this.

I know a guy that purchased a website from flippa for 20k at a 24x evaluation. He recovered the investment in 6 months.
Another one purchased a website in 2018 july at a 27x evaluation, probably didn't got 1/4 of the money back but he's investing heavily in it to grow its value and flip it to another buyer or make it his full time job.

It all depends on the website, the seller's reputation,etc.
PS Flippa has 1% quality websites and 99% shit stuff. I recommend to thing 1000 times before buying something from there .