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Would it be smart to buy a site from flippa and run it? [Please Help]

Discussion in 'Making Money' started by VitalityMN, Oct 22, 2013.

  1. VitalityMN

    VitalityMN Regular Member

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    Hello, I was wondering if it would be a smart idea to buy a site from flippa that is already making money monthly and I take over and continue to run it?

    Let's say that there a site on flippa that is a gaming review site going for $500 and it has a decent amount of uniques/month. And makes let's say $100/month.

    Would it be a good idea to buy and run it as my own? I'm very passionate about gaming and would not mind updating it every day. I've never bought a site on Flippa and haven't heard much about it. So should I trust the numbers that the sellers on Flippa claim to be making a month and the number of monthly viewers? Or what should I do?

    Please help :/
     
  2. Prodige

    Prodige Regular Member

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    Honestly I would recommend you to start with smaller projects first. "Flipping" websites can be lucrative but you have to be able to know when you're buying a website that has actual potential. It can be difficult to tell how much money the seller has actually invested to get those $100.. don't get caught up in a bad situation where your investment is bigger than your profits.

    Get started with a smaller investment and get some experience before moving on to bigger investments.
     
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  3. Chris Devon

    Chris Devon Jr. VIP Jr. VIP Premium Member

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    Yes and no. There are some gems in there, but do your do diligence so you dont get burned like i did. On the last one I'm gonna be happy even if i earn something after i try to resell it
     
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  4. VitalityMN

    VitalityMN Regular Member

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    What if I didn't want to flip it. But wanted to keep and own it? And how do I know if I won't get burnt out and the site has potential? This is my first time with flippa.
     
  5. charliebones

    charliebones Regular Member

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    I agree 100% with Chris Devon, whether you plan to buy it and run it for yourself or buy it, boost it and flip it, you need to do your homework and due diligence on the sites you are looking to buy. There are a number of clones and garbage websites on Flippa with overstated incomes and outdated information. I got burned on one myself several years ago where the "sources" for the products and services sold on the website were completed outdated, many of them no longer existed and the ones that did exist increased their pricing beyond what the website had them listed for. I took a loss and eventually even let the domain expire because it wasn't even worth renewing. I learned my lesson and have since purchased others I have made good money on, both running and reselling. Just remember, most of the time you get what you pay for.
     
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  6. Atomic21

    Atomic21 Junior Member

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    I thought about buying a site or two and building up the income and possibly flipping it or keeping it. However, after looking today most of the sellers seem to be feeding potential buyers a ton of crap. You can tell most of them are lying or posting fake stats.
     
  7. simplyjo

    simplyjo Power Member

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    Check all stats and see if traffic is organic or paid.
    See if keywords are ranking and if incoming is stable for 6+ months
    Buy something making $10 - $20 pm to start with and get your feet wet :)
     
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  8. empireflippers

    empireflippers Newbie Premium Member

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    I don't think any seller in their right mind would sell a site that's netting $100/month passively for $500...that just doesn't make any sense. When something's too good to be true and all...

    You generally have to be willing to invest a few thousand to get your head above the junk and find the gems. It doesn't mean you're not going to get ripped off at that level, either...but at least you can see through the low-end sites a bit better.