Long-Term Flips VS Short-Term Flips
This is an informative thread for those who just jumped into the site flipping. I know some of you are already flipping sites already and some of you might already make some hefty amount of money.
Today I am going to tell you the two major types of flips; the long term flips and the short term flips.
Long-term flips
Blogs, sites that you keep longer than 30 days in attempt to monetize it, use its potential to its fullest and cash in big money.
Short-term flips
Blogs or sites that you created or bought and attempt to flip it within the same week the site was created or bought.
(Pretty much something like that. )
Some of you might be wondering which types of flips are better. Of course, long term flips bring you more money and short term flips bring you less -- but long term flips bear tons of risks while short-term flips are vice versa.
I personally flip tons of short-term flips for quick money (especially when I need money to pay for college).
One common misconception is that many site flippers actually used blogs as their short-term flips. Of course, blogs are the easiest form of short-term flips -- but like me, I hired some pretty trusty (and cheap) coders to help me design a script and sell it later for some hefty profit.
Some of the scripts that I have created and resold with rights are like the inverting text script, countdown script and tons more. Although they sounded simple, but every single time I sold those scripts and its rights to my sites buyers, i made around $300 each flip.
Hope this thread will help.
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Sleaklight -
Thanks - 1 reply
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Desmond Ong -
Thanks
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