Flipping Websites, who is successful?

Keith,

Ive flipped websites in many different shapes and forms...

Here is a list of models from easiest to hardest:

1) Finding Good Sites with Potential that had an owner that has no idea about marketing, SEO, monetizing, etc Then you make simple changes and sell a week later.

2) Creating simple websites with unique content with a unique domain name, selling in between $250 -$1,000

3) Creating a membership and selling the site with recurring income, at $1k/M you can sell from $6-$12k

4) Creating an authority site with content, multiple streams, memberships, forums, and sell in between $20-$40k

5) Have one great idea... push it hard, get 1,000's upon 1,000's of members in a free model base (think facebook), begin to monetize for a month or two, and sell at the peak, could be high five figures into six...

I've only had one of the six figures, sold four in five figures, the rest all in the four figures.


My advice to you would be to setup something with My advice to you would be to setup something with traffic and revenue and sell, because it keeps a happy buyer.

There are a lot of flippers in here that will provide more details...

Good advice, LMC. I've been doing list building for awhile but website flipping looks very lucrative and scalable.

There are many ways to flip websites. Just be careful not to jump in too fast because the fees to list your websites can be murder at some of the bigger sites like Flippa.

I've flipped a few sites with success, as long as they have traffic and a small income I'd be shocked to hear that you couldnt sell them.

I wouldnt rely on flipping as a sole business though, otherwise your just exchanging your time for money.

You should have an exit plan.

use the money you make from flipping to fuel a larger project that you want to focus on is the best way IMO.

You know, good topic and post, I have read at least 12 different flipping guides that all fail to mention some of the basic building blocks of creating a valuable website property.

Some of them cover, traffic, SEO, Content, and the like, but they fail to include some of the very basic, stuff, like alexa,

Did you know that just about every site that I have seen sell for low money on flippa, is a site that has no alexa info on it,

Zero, that is such a easy thing to do yet, so many website flippers fail to do it. . .

So, if you want to really make money flipping websites, create value, by building value.

I only sold a couple of sites before. It's only because I didn't have any interest anymore to the site. Both got sold due to their ranks in google/yahoo/bing. So from my experience, site ranks in search engine also hold the key in flipping site business. One of my site was ranked at 1st page of google/yahoo/bing and it got about 1000 monthly google search. It has only about 5 posts/pages. I sold it only for $100. I spend only about $30 for the domain, shared hosting, and nice banner.

So the easiest way to start perhaps is to flip niche sites.

Keith there is a lot of good advice given here. I have had some success with flipping. I will try to summarise whats been said so far as well sprinkling in my own tips.

Unless you have deep pockets and are quite experienced I would not focus solely on flipping as a business model.

As mentioned start ups can require quite a lot of money before you turn a decent profit.

Its important to realise with flipping there are no guarantees, although with established sites that have traffic and revenue you are a lot more likely to sell your site.

My advice to you would be to pick a time frame, lets say 6 months. Then pick a monetization method Clickbank or Adsense etc. Focus on getting as much traffic and revenue you as possible. Then when you have steady traffic, SERPs and revenue flip when ready.

I have been through quite a few flipping books and courses and they all had something missing. The best place to learn about flipping is flippa. Make a spy file and watch successful sellers and sites.Learn from them. Also pay attention to what doesn't sell and try to figure out why.

@Sam your negative attitude is quite disappointing and not what is needed. Why do you call LMC an exception just because he has been successful. There are many decent people on this forum who quote earnings to illustrate a point because after all this is an IM forum. Perhaps he now has a lot of money to invest but Im sure it didn't happen overnight by pushing the big red success button. He has nothing to lose ! Once again this is a truly bizarre statement that can only be made by somebody without any understanding of IM despite your "SEO Pro" title.

Yommys01 has done very well with site flipping. He has been banned for a few days which will expire soon. You can contact him here admin@soccerfanbase.com

He also has an ebook out at the moment

http://www.warriorforum.com/warrior-...-websites.html

I am currently on Yommys coaching program to learn site flipping, I haven't got anything bad to say about it, or him.
http://www.warriorforum.com/warrior-...-websites.html

I hope this helps! (It will if you TAKE ACTION)