Wondering if there is any money to be made in domain name flipping? Or do you have to have a full running and active money making website to make any money. Reason I ask is I bought my first domain name and could not believe it was available. I do not know how to build websites (yet) and a newbie in this area but learned lots here so far. Looked at a name, it was available, grabbed it and it is one letter from another name that sold for 5200.00. Ay input appreciated.