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What should I look out for?

Discussion in 'Site Flipping' started by Brum26, Apr 28, 2012.

  1. Brum26

    Brum26 Regular Member

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    Hi everyone,

    I am new to flippa and I am looking to invest in a site that is already bringing in money from adsense and CPA. Possibly even an ecommerce site that uses dropshippers. However, after looking through the listings and asking lots of questions over the last 3 or 4 days I am starting to think that there are a fair few scam listings on there. I can't be sure as I am new to this like I say, but there seems to be some people selling sites that are only 10-15 days old and they are bragging about how they have already made $2000-$3000.

    I'm guessing it comes back to the thing of if it sounds too good to be true, don't touch it. But at the same time there are plenty of people bidding on these auctions. Are they just newbies who have been sucked in?

    What I'm after really is some advice on what to look for on flippa and how to spot a good deal. I do have some money to invest but at the same time I can't afford to get scammed.

    Thanks
     
  2. poweronics

    poweronics Jr. VIP Jr. VIP Premium Member

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    You should look for well established site making money for at least 1 year. Ask for the proof of revenue.
    Fake bidding is done also on flippa so do not trust a site if it has a lot of bidders.