I'm just curious here... I've been doing this stuff for a long time and generally feel comfortable understanding the value of a domain/site/business. Most of the stuff that I see on Flippa and Website Broker, it's just like a riddle that I'm solving until eventually settling on "yeah, come on dude". Either a clear mass-flipping scam, a newish business that is illegal / unsustainable, or somebody that poured 2 years into a vaporware web app and wants 6 figures.
That's not to say that I haven't successfully bought sites before, just not off Flippa.
So my question is this: who here has stories of being on the buying end on Flippa / a similar site, and making it profitable in < 2 years? Any epic success stories of hitting a positive ROI on a nice hands-off passive income toy? Do you have any tips for catching the "right" ones and pulling it out of the masses of crap?
That's not to say that I haven't successfully bought sites before, just not off Flippa.
So my question is this: who here has stories of being on the buying end on Flippa / a similar site, and making it profitable in < 2 years? Any epic success stories of hitting a positive ROI on a nice hands-off passive income toy? Do you have any tips for catching the "right" ones and pulling it out of the masses of crap?