1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Investing In Flipped Sites

Discussion in 'Site Flipping' started by TheFinal, Feb 5, 2012.

  1. TheFinal

    TheFinal Newbie

    Joined:
    Dec 7, 2011
    Messages:
    48
    Likes Received:
    18
    Occupation:
    Student (Well, 8 hours per week xD)
    Location:
    London, UK
    So I'm a student doing my research year so I don't have a particular lot of time, but not so pushed I couldn't do an hour or so of work a night to maintain an already established site which doesn't require high maintenance.

    How is investing in already established sites for something like that? I know through Flipping Enterprises they have various sites on offer advertising little work, but can you truly maintain income figures for 3-4 years for such little work?

    If so, wouldn't it be possible to take out a loan and make that money back whilst still earning from the site?

    Running a few ideas.....
     
  2. jesus3

    jesus3 Regular Member

    Joined:
    Jan 8, 2010
    Messages:
    277
    Likes Received:
    63
    Occupation:
    IM/Student
    Location:
    Home of the Haze!
    yeah if you know what you doing taking a loan can for sure speed things up. but i would make a plan that i can see works first then start investing into it. in your case i would try ranking a site first. and maintaining at #1 then investing into implementing the same strategy on a larger scale with more sites!
     
  3. TheFinal

    TheFinal Newbie

    Joined:
    Dec 7, 2011
    Messages:
    48
    Likes Received:
    18
    Occupation:
    Student (Well, 8 hours per week xD)
    Location:
    London, UK
    My ides for investing is because I am not too good at building, but I can sure as heck maintain them with a little bit of advice now and then (That's what BHW is for right), and would be even better if the former owner provides a list of what they've already done.

    It is just I see there are plenty of sites with great profits for their price - surely people could make a living just investing in them, maybe even be a millionaire from an hour or two?
     
  4. poweronics

    poweronics Jr. VIP Jr. VIP Premium Member

    Joined:
    May 1, 2011
    Messages:
    3,117
    Likes Received:
    353
    Occupation:
    Freelancer
    Home Page:
    Its wishful thinking to be a millionaire with just 1 or 2 hours effort. It may happen as a miracle once in a decade most probably.
     
  5. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

    Joined:
    Sep 24, 2008
    Messages:
    3,816
    Likes Received:
    13,933
    If you're no good at building sites, buying an established site takes out the learning curve and requires a different skill set.

    I know plenty of millionaires who have ONLY bought businesses and never created one from scratch.

    Without being biased about our own sites, I can tell you we don't bullshit about the time a site takes to run. There is a risk buying any site, so always make sure you are aware of what work is required and where it can be outsourced (BHW is a great start for anything SEO related).
     
  6. BeatTheStreet

    BeatTheStreet Newbie

    Joined:
    Feb 10, 2011
    Messages:
    17
    Likes Received:
    5
    You hope to buy not only an online business but the blue print for replicating it (know-how). If you are dedicated and can afford to lose the money it's a smart way to learn what works fast.

    But thinking you can do it here an there is destined to failure.

    One day you can get away with little work but this is when you have all of the know-how and you have a diversified empire (and people supporting it).
     
  7. muchochiz

    muchochiz Registered Member

    Joined:
    May 22, 2010
    Messages:
    70
    Likes Received:
    0
    I would suggest flipping domains rather than sites . Domains are very cheap and you can buy about 200 domains just make sure these domains are either error names or very attractive names for example blackhatword notice this doesn't have "L" . Typos generate lots of traffic and you can either park your domains or if your domain names are very nice and Unique then you can just sell them right away , I read an article on how someone sold a domain for $20,000 or something so I also plan on selling a domain name to a magazine company lol wish me luck.
     
  8. pisco

    pisco Regular Member

    Joined:
    Aug 13, 2010
    Messages:
    222
    Likes Received:
    42
    Location:
    Lisbon
    Don't you risk trademark issues with that approach ?
     
  9. MassMarketer

    MassMarketer Newbie

    Joined:
    Feb 29, 2012
    Messages:
    42
    Likes Received:
    6
    Yes you do risk an infringement, which means if they take it to court and can show, they own the trademarked name, the site has to be passed to them. This also can be the case, if they can prove to the judge that your site is monetizing simply of a mis-spelling of their name. However I do also hear, that often to save all this hastle, the companies buy the domains off the registrar. I seem to remember reading the multi-millionaire domainer; Kevin Ham managed to purchase goggle when google first emerged, it didn't do him any harm.