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EASY ~$150/day method. Good for safe/alternative revenue stream.

Discussion in 'Making Money' started by Mark Developer, Jul 13, 2014.

  1. Mark Developer

    Mark Developer Newbie

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    This thread is about making money off people looking for place to live.

    1) Create website with properties listing, feeding off some major property listing sites from area you picked (build a bot or do it manually).

    2) Website is focused on people LOOKING for flats. So make it good looking.

    3) When user clicks on "Sign Up" button on your listing page (dont put any contact details there - hide them under "Sign Up to see more" button), show him splash message showing this message "This property owner may require Credit Report". On Splash Screen put 3 links:

    -(Large Bright Green button 70% of field) Get Free Credit Report
    -(Small Very Light, ugly Green with white letters on it button 25% of field - upload my own Credit Report)
    -(text link below 5% of field barely visible - "No Thanks")

    (You put 3 options so people wont flag you as scam and this increases referral rate and decreases people leaving on signup page. Under "Upload" option you put simple upload script that stores associated data account to uploaded file - you can sell it later to property agencies)

    Now - your site will make money in 4 ways:

    1) Getting people to fill Credit Reports to get deal.
    2) Selling access to your database of users to property management sites.
    3) After a while - making money from property agencies renting "Featured" spots

    Getting people on your site:

    Since you are not agency and not directly marketer - you can post to some classifieds no problem.
    There are 2 ways of doing this:
    1) Pretend you are agency doing apartment research 100% free as it is government funded. People like this, so they go with your credit checks easily. Post on CL or any local classified saying you are trying to match property owners with people looking for property for free.
    2) Contact folks that post "Looking for" ads. Say you are government agency that is paid per rented property.

    I am getting around 7% conversion rate through this.
    My semi-English VA is able to post around 5 ads a day, respond to around 40 "looking for" classified a day and scrape around 15 offers from local classified sites to post to our site. I pay her $450 a month (she asked originally for $300 but she is solid - thus raises), and I make around $4,000 revenue just from one city. Easy profit.
    Getting around 100-200 visitors a day through messages posted on classified.

    I was doing this before a lot as an experiment, but since a year I focused on different things - so here you go, use this method while it last.

    I would say this method is Grey Hat - once you get top agencies to pay you for your database - people searching for houses etc. get real offers actually so they wont complaint.

    All this will cost you around $20-30 to set up (domain, hosting/CMS with hosting +manual work).

    If this thread gets some attention - I will post my graphic for buttons and more details,

    Good Luck!
     
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  2. indianfreak

    indianfreak Power Member

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    Hey, nice method. I would love to see the ugly and barely visible graphics.
     
  3. zanesta

    zanesta Regular Member

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    How long is "after a while", have you tested it?
     
  4. drake_designer

    drake_designer Regular Member

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    Seems like a good idea.
     
  5. prithviraj0007

    prithviraj0007 Junior Member

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    I have read a method like this before.. don't remember where.. would definitely love to get hold of the graphics :)
     
  6. sasuke120

    sasuke120 Regular Member

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  7. Trepanated

    Trepanated Supreme Member

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    You've seen it here on BHW - I think the OP has copied that thread.

    I will dig out the other thread and check.

    EDIT: Looks like sasuke120 already found it.
     
  8. Mark Developer

    Mark Developer Newbie

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    Sorry, but I dont have time to read all threads on BHW and I didnt copied anything. BHW became really hostile lately...

    Anyways, I will read mentioned thread later and compare.
     
  9. bogdann8

    bogdann8 Newbie

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    Yeah, it is the same method as SquirlyNutz's one. But it's good, I like that you pointed out the possibility to sell the users database access to property agencies. Hiring a VA is also a nice twist since you can focus on other projects aswell, and for me it'll be quite profitable if the average daily revenue would be ~$75. I also think that, if you do it right, it could be scaled pretty easy after a while.
     
  10. driulis

    driulis Jr. VIP Jr. VIP

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    A really nice method. Too bad I'm out of time for any extra methods atm. Bookmarked for future use. Just need to think of something else instead of renting flats since the competition might become quite high in this niche soon :)
     
  11. Adrian112

    Adrian112 Supreme Member Premium Member

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    Tried 6months ago. Spent lot of time, hard to get visitors or anything.

    Better thing is to offer visitors pdf or video file in PPD format and make 50-60$ from them.
     
  12. ming34

    ming34 Regular Member

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    Method looks great but from where traffic will come i am thinking on it
    as just copy and pasting ads wont generate that much traffic :(
     
  13. siffy1

    siffy1 Registered Member

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    I am on the verge of creating the graphics and buttons but not 100% sure how to do this. Should I have a "sign up" button and when the user presses this a pop up appears encouraging the user to get their free report and when they press this the contact form for the agent appears at the same time? can you kindly post your graphics, it would be much appreciated!
     
  14. oneano

    oneano Registered Member

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    you got my attention
     
  15. hotdew

    hotdew Jr. VIP Jr. VIP Premium Member

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    It's not a copy, it's a twist to the method found on the other thread.

    Following this method to the letter would easily lead you to a brick wall when the competition becomes bewildering. Conversely, improving on this method and/or cherry-picking different elements from both methods, I bet, would lead to better results.

    Oh, and if you do decide to share your twist sometime later when you've moved on to something better, it wouldn't be copying, it'd be ... well you get the picture now.

    Methods on BHW are meant to prevent you from inventing the wheel. It's more like letting you "stand on the shoulders of giants".

    Nuff said.

    ~hotdew
     
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  16. Tomtud

    Tomtud Newbie

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    Kudos to you! Did anybody try anything similar?
     
  17. siffy1

    siffy1 Registered Member

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    How do you bypass craigs list deleting your listings? Ive tried to make 5 over the past day but they have deleted all of my craigs list listings
     
  18. ryanboi34

    ryanboi34 Newbie

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    Dont see why that wouldnt work :)
     
  19. Carepolice

    Carepolice Power Member

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    How are you posting? You need quality PVAs and a good system to stick ads.
     
  20. abyx7

    abyx7 Newbie

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    I'd be worried about posing as a "government worker"... anyone have any information on whether or not there's any potential legal issues that may arise from doing that?