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Site flipping section in "making money"

Discussion in 'Forum Suggestions & Feedback' started by meathead1234, Feb 4, 2010.

  1. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    Hi,

    As BHW is moving back in the right direction with the latest changes, I think it would be good to get some more "legit" (apologies if that offends anyone) sections for making money.

    One of my personal areas of expertise and something which I believe is accessible to both noobs and experienced members is site flipping. It's a great way to build up technical skills and experience in all areas of marketing and as such think it would be a perfect addition to the making money section as from what I understand there is no relevant sub forum currently.

    Also if you needed someone to moderate it, I'm your man ;)

    Would love to hear your thoughts.

    Cheers
     
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  2. darkmarth

    darkmarth Junior Member

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    Im a huge fan of site flipping - it was my main source of income back in my beginnings!

    Its almost like an internship in IM where you are tested on various topics...You have to do a little SEO, make the site profitable, drive traffic, learn web design basics...Site flipping is WAY more competitive than it was...say....3 years ago - but its still extremely viable and do-able...

    Would be a great addition IMO
     
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  3. craigygee

    craigygee Regular Member

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    Yeah site-flipping is actually pretty easy.

    I don't like short term stuff though. I like to build up sites and then down the road flip em once they are big.
     
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  4. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    Short term: perfect for noobs/quick cash

    Longer term (buying site, improving it, flipping it): more advanced, higher risk, higher reward

    It's also overlooked often and would be a perfect compliment to many of the methods here. If you have a method that is making you money through a site/landing page you can flip the site when you're bored with method for a nice multiple of income.

    Hence why it's a perfect way for anyone to make some cash
     
    Last edited: Feb 4, 2010
  5. Myxer

    Myxer Newbie

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    Yes i am very interested in this subject at the moment. So a section for flipping website would be very useful at least for me :)
     
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  6. theprofitpro

    theprofitpro Junior Member

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    I would like to see this too. The subject gets discussed enough to warrant its own section.
     
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  7. Wizzie

    Wizzie Newbie

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    Yeah I am up for that as well:)
     
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  8. enetjojo

    enetjojo Registered Member

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    ye i always think of flipping some of my sites, but have no idea how to do.
    if there is a section dedicated on site flipping it would be great.
     
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  9. famtaro

    famtaro Registered Member

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    im very interested all about flipping
    site and domain

    i have been order some ebook about that
    and download so many good product here
    but still dont take action

    hope if any section room about flipping
    i can start and earn $$$
    thx
     
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  10. GreenGoblin

    GreenGoblin BANNED BANNED

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    yea i think a site flipping section would be nice
     
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  11. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    friendly bump as had a few interested PM's too :)
     
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  12. rubberband

    rubberband Registered Member

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    Whoa, I was actually going to post a thread requesting this the other day too. I second this notion 100%.
     
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  13. thinkinghat

    thinkinghat Regular Member

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    wow,,just look at all the above reply's..all are interested,,there are already too many ppl into this..and who says its not saturated? creating a new section will saturate it more..forgot ewhoring? every one will create a site and flipp it for quick cash..ending it up in die die situation for all,,n espacially for those who are already in there..personally i would love to see site flipping section but i m skeptical @ it..
    although you guys can create this section in vip zone and keep it safe there..
     
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  14. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    That's not entirely what I mean by "site flipping". I would also include selling sites in general as there are a lot of questions around the forum that go in loads of different sections - so a devoted section would be helpful.

    And like I said, it targets different people - the more experienced members wouldn't see much point in $100 a day or so building and flipping new sites, the real money is buying sites for $5k and selling for $10k a week later... whereas for noobs turning $10 into $100 in a day could be very good

    So tons of options, but I understand your concerns regarding saturation... although like most of the CL guys said, as the going gets tough, the noobs drop out and the rest bank more :)
     
  15. rubberband

    rubberband Registered Member

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    I'll have to respectfully disagree with your post for the most part. I don't think site flipping will become saturated because quite frankly, it's too much work and risk for most people. Not only does it take a little money to get started, but you also have to have at least some experience in coding, designing and traffic/revenue generation. If people already know how to do that, then they probably don't need to go into site flipping in the first place. On top of that, you still have a chance of losing money or the site not even selling.

    The days of building a .info WP blog with PLR articles, slapping an adsense block on it and then selling it for $100 are pretty much over, to which I say good riddance. The people who make the real money on site flipping now are the people like me who love the process of actually building a site. If you don't love it, then you're probably not going to spend weeks and even months working on something that you could lose money on.
     
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  16. bryanon

    bryanon Executive VIP Premium Member

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    I completely agree that there's need for a separate section on Flipping, as well as with the fact that even though having this would get some of the "methods" saturated more quickly, I believe that I myself and all the rest who actually have something between their ears are way past having to worry about saturation. Besides, we'll keep the best stuff in Jr. VIP regardless if there's a section on flipping or not ;)

    I need to give it a little bit of thought but would probably also be up for moderating the section in case it gets opened. meathead1234 and I have met each other in several threads regarding flipping and it seems that (at least for now) we're the only two guys on this forums who are full-time flippers and are also keen on discussing the tactics / sharing advice. (There's definitely a lot more successful flippers around here, we just need to get them to open their mouths and a dedicated section would be a nice start :))

    EDIT: I just happened to take a look at the main "Making Money" sections and there's currently 8 threads related to site flipping on the first page so clearly there's a lot of public demand.
     
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    Last edited: Feb 10, 2010
  17. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    That's one of the main reasons I suggested it - seems to be a lot of threads that pop up asking for help and advice buying or selling sites but not in any specific section.

    I'm sure there are a fair few people around who flip full-time (it probably accounts for around 75% of my income) so there would definitely be some good knowledge and experience members could bring to the table.

     
  18. aмillionaírе

    aмillionaírе Jr. VIP Jr. VIP Premium Member

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    Site flipping is based on the selling and buying of legit websites that are usually verified through Google Analytics (industry standard). I don't see how this could get "saturated". You will not make a dime if you don't put out quality websites in the first place. It's a clean, secure market. If you cannot adapt then fall off the boat. That's life. No offence but according to your grammar I must bet you aren't killing in this market yourself.
     
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  19. specopkirbs

    specopkirbs BANNED BANNED

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    i would like a flipping section that would be pretty usefull for some people me thinks
     
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  20. bryanon

    bryanon Executive VIP Premium Member

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    Well said.

    Further to the points you've already made, I'd like to ask the sceptics if they also think that the real estate market or perhaps the mobile phone industry will get "saturated" if enough quality information gets shared in public?

    Taking it a bit off the topic but in my opinion there's two types of people in the IM world:

    * Those whose every-day vocabulary includes the words "method", "saturation" etc. (99.9% of them don't make more money than an average casher at Tesco;

    * Those who concentrate on building businesses, rather than using "methods" and don't put themselves into situations where getting some "secrets" out in the public may "saturate" their "methods" and effectively nullify their income. (99.9% of this group either already do make considerable amount of money or are on a sure way toward it)