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Looking to Invest in a Website with a Guaranteed Income Stream: Advice Needed

Discussion in 'Site Flipping' started by JessePinkman, Dec 21, 2013.

  1. JessePinkman

    JessePinkman Junior Member

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    I run a number of ecommerce sites as well as a very successful writing service. The problem is that no matter how much I expand, my income stays about the same on average per month. However, I've just finished working on a massive writing project for a reputable online journal ($75 per 500 words) and I'm most likely going to launch a discounted version of that writing service on BHW in the near future, so I should have some extra money for at least the next few months. If I wanted to invest in a site that is guaranteed to make, let's say, $500 of passive income per month, how exactly would I go about doing that without getting ripped off? How much would it cost? Would the investment be worth it, or would it be more of a gamble?

    Any advice would be greatly appreciated as I know very little about site flipping.

    Best,
    Jesse
     
  2. ok888

    ok888 Jr. VIP Jr. VIP Premium Member

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    Theres no such thing as guarantee


    I been looking for the same for a very long time but only can find scams
     
  3. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    No such thing as guaranteed income, especially online. Get that idea out of your head now as you will only be ripped off if that's what you're chasing.

    To buy a solid site making $500 a month that would be considered somewhat "safe", expect to be paying $12-18k. There are tons of buyers at that level but very little legitimate supply. If you already run a successful content company then I would recommend buying a content based site that is relatively small but has stable ad revenue - then scale it by adding quality content. It's not a foolproof plan but with your success elsewhere I'm sure you will do fine, just make sure you do your due diligence before buying.
     
    • Thanks Thanks x 4
  4. IamNRE

    IamNRE Jr. VIP Jr. VIP Premium Member

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    Agreed with above.

    Invest the money in FB campaigns or SEO campaigns and focus on your current business ventures.
     
  5. SEODEMON

    SEODEMON Regular Member

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    Find something that will sell. Rank it on Google, at the top. The guy that made plastic wishbones made over a million.
     
  6. JessePinkman

    JessePinkman Junior Member

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    Thank you for this. It's easy to forget sometimes that there is no golden ticket. I need to focus on what I'm currently doing, put in some extra work, and continue to expand. It's unfortunate how difficult it is to find someone that you can trust. In a perfect world, I would JV with an expert web designer by writing all the content for our pay sites. This would probably be a better option, because I would have much more control.