Flipping sites quickly, good idea?
So I had the opportunity to obtain around 33. EU domains for free a while back. I know they are not COMs but here in Europe they're getting quite popular.
Anyway, I don't feel like developing them, at least not in depth. So just to experiment I set up quick Wordpress installs on some of them (Simple Scripts - takes around 10 seconds). I managed to sell one site for cheap but it was worth it. The site had basically four articles (from Ezinearticles), Adsense sprinkled around and Amazon aStore. Took me around 2 hours to set up everything and I made approximately $25. Not that bad.
So I figured I could put more work into it and sell it for twice the price, maybe even more.
I set up this site. Took me longer - 3 hrs but the next site will take much much less time because I found the perfect plugins for everything and I know how to tweak them.
I wanted to hear your opinion. I know it's not passive (I also know that the domain I have is trademarked, so possible trouble but that's why I'm selling it). Also I wanted to hear your opinion on pricing - is $60 too low? The price doesn't include hosting or anything but it does include the domain, they also have no traffic.
The targeted customers would probably be
A, domainers - nice way to have customized parking and additional revenue if they decide to promote the site (via Fiverr gig etc)
B, people starting out with IM or looking for ways to start up their own business (it's set up so they can just replace the Amazon stuff with their own, write their own articles...)
What are your opinions on my actions?
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