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Flipping Sites vs Holding Them?

Discussion in 'Making Money' started by wallofiron, Dec 12, 2010.

  1. wallofiron

    wallofiron Power Member

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    What benefit do you get flipping websites vs keeping them for yourself and collecting the monthly income?

    I don't get it.

    Sell a website that earn $1000/mo for $6-12k, or just keep the website yourself and keep the $1000/mo.


    Why even bother selling the website? Yet I see tons of people on all these forum saying they make their livings flipping?


    Seems in the long run you lose selling the websites for less than had you keep accumulating all of them and collecting the monthly income.


    Please school me here as there must be something I am missing
     
  2. absinthekid1

    absinthekid1 Junior Member

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    Some people need the cash flow a lot quicker to work on other projects or they just don't feel like working with the site any longer. That's usually the reason though.
     
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  3. QuietZorg

    QuietZorg Regular Member

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    I have been wondering this myself recently. I guess understandable reasons for sale are if you know the site is on it's way out, if you think google will change something and you site will rank less , or if you need cash fast for some new idea or that drug dealer that won't stop harassing you.

    I keep all of my sites, as they sell for 5-10 times their monthly revenue, just wait the damn 5 months and there's your money, plus you still have the site!
     
  4. wallofiron

    wallofiron Power Member

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    yes, thats... I dont get whats with all the site flipping? I seriously must be missing something here. It doest make sense monetarily to sell a profitable site unless your bookie is coming to break your legs unless you cover your losing Monday Night Football bet or something,
     
  5. fvcktheworld

    fvcktheworld Regular Member

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    Personally I think the reinvestment fact matters a lot. If you have one website that is making $100.00 per month you can sell it for let's just say $1,000.00. Then you take that $1,000.00 and reinvest it into different sites. I could take a grand and set up about 100 websites with that money and do great with those, and get them making $100 per month a piece and then you have 100 websites making $100 per month compared to just one. Then you sell a couple of those and reinvest and keep going.

    It is all about scaling.

    another reason people sell them instead of holding on to them is that they are website developer and not SEO gurus. they like to build the websites to sell, that is their business.

    Or as stated above, simply to move on to something bigger and better. It is to each their own. What ever you prefer doing is great. Either method is good, but you should always scale with internet marketing, that is the best way to make your millions.
     
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  6. QuietZorg

    QuietZorg Regular Member

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    Well OP if you your thoughts on their head, you should go and buy a bunch of profitable sites, then after a few months, you will make back that money and have a bunch of profitable sites :p
     
  7. neobavesten

    neobavesten Newbie

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    It's all about scaling. I would sell the site that brings me in $50k every month, but only if I could reinvest the money into site that would bring me in $100k.