Reverse$$ SiteFlipping$$ Income$$

[The 13th Warrior]

Has anybody made a living or is knowledgable about BUYING established ,proven profitable websites for profit?

Or any experience in this matter?

For example, if you buy a website, that on the low side, generates $1,000 per year, buying 100 of those would get you $100,000 a year, if you strictly used linear logic, though reality does not quite work out that way.

I would think this is a lot more trickier than Blog/wordpress/conduit/website flips because of the more possibility of stinkers and exaggerated claims of sites profitability stats and record.

Has there been a wso in this regard?

SitePoint, Ebay sites, etc.,buying experts here?

The 13 th Warrior

[Jon Alexander]

sorry, no. I mostly sell the underperforming ones. In fact, I'm not really needing to buy many anymore because there's so much free wordpress hosting out there - MU sites, and blogger-style sites.

[The 13th Warrior]

What do you consider under-performing?

[garyv]

People do buy them and make profit, otherwise there wouldn't be as many people selling. This would be a good subject for a WSO. There are definitely some gems being sold out there, and it would be great to be able to recognize them, and turn a profit.

[The 13th Warrior]

Originally Posted by Jon Alexander

In fact, I'm not really needing to buy many anymore

So have bought sites?

[The 13th Warrior]

Originally Posted by garyv

There are definitely some gems being sold out there, and it would be great to be able to recognize them, and turn a profit.

All I see are {creating} sites, 1st, then, selling them for a profit-type courses.

The 13 th Warrior

[Sam Rodrigo]

Hi,

You'll never get something for nothing. If people are getting rid of something, there is a reason. And those who are retiring or getting "out of the business" will want top dollar to part with something that is a CASH COW.

Your best best is to keep an eye out for a good idea, that is under utilized, badly managed or just plain nonperforming and try to get a bargain which you can then build up and sell.

IMHO,
Sam

[derrickp]

Sam,

I do not agree 100% with you. Obviously there is a reason someone is selling but not always a bad one.

It is just like the real estate market. Because a house is for sale does not mean it is because something is wrong with it. People move out of a house for any number of reasons. Same thing with websites. The key is to find the ones that people are moving on for a reason that isn't bad.

For example I bought a website for $120. It had Adsense blocks all over the place and affiliate links and other amazon links. The website had rankings and traffic some everything appeared good. I cleaned up the site and within 3 months earned my $120 back. I could have kept it but I ended up selling it for $500. There was nothing wrong with the site itself but it was not a portfolio site for me. The person that bought it is still earning good money from it and are happy and so am I because of the ROI.

If this site was more geared toward the rest of my portfolio sites I may have kept it.

DerekWong(I believe that is his name, he is a warrior), has bought a decent amount of sites and worked on them and held on to them for some time. Maybe he will post his thoughts here.

Derrick

[The 13th Warrior]

Originally Posted by Sam Rodrigo

Your best best is to keep an eye out for a good idea, that is under utilized, badly managed or just plain nonperforming and try to get a bargain which you can then build up and sell.

Sounds like you know something about the buying and selling of sites.

It almost sounds like the same philosophy of buying used products in a classified ad, or $190,000 property in a $3 million dollar neighborhood, or used cars at an auction lot.

The 13 th Warrior

[The 13th Warrior]

Originally Posted by derrickp

Obviously there is a reason someone is selling but not always a bad one.

Thanks for the insight.

Originally Posted by derrickp

DerekWong(I believe that is his name, he is a warrior), has bought a decent amount of sites and worked on them and held on to them for some time. Maybe he will post his thoughts here.

I hope he comes by also, and contribute his experience on this.

Don't see hardly anything about this subject.

The 13 th Warrior

[shane_k]

I too would be interested in BUYING established ,proven profitable websites for profit?``

I own a bunch of investment retail properties and I would also expect that just like the Real Estate market you would look for people who are selling their sites for specific reasons.

In real estate we look for `motivated sellers` and the same could be done for websties.

Obviously no matter what the person tells you about the earnings of the site, you would have to do your due dillegence.

How to go about making sure the numbers are what the person says they are I wouldn`t really know how to go about that though.

So I would be interested in learning from an expert.


I have learned site flipping from Justin Brooke of Sitefling.com and I am going through my first flip right now.

Maybe he will know something about buying websites with positive cashflow.

Cashflow is king!


Thanks

Shane_K

[The 13th Warrior]

Originally Posted by shane_k

In real estate we look for `motivated sellers` and the same could be done for websties.

Obviously no matter what the person tells you about the earnings of the site, you would have to do your due dillegence.

How to go about making sure the numbers are what the person says they are I wouldn`t really know how to go about that though.

So I would be interested in learning from an expert.


I have learned site flipping from Justin Brooke of Sitefling.com and I am going through my first flip right now.

Maybe he will know something about buying websites with positive cashflow.

Yeah, this would be an interesting course to have if someone with proven experience would make one.

The 13 th Warrior

[tommygadget]

Actually, I bought up around 50 sites from members of a now-defunct vre membership. The members mostly gave up because they were not earning anything and I picked up the sites, some with 15 to 20 original articles for under $50. Now some were total losers (these people just didn't know keyword research at all) and some sporadically sold ebooks and I made the money back by just adding my affiliate id. I could now sell the losers easily for over $150/each because I fixed the problems and the money is starting to come in. Anyway, sometimes a bargain can be found if you are in the right place at the right time.

TomG.

[The 13th Warrior]

Originally Posted by tommygadget

TomG.

You did like a Real Estate rehabber who knows what to look for.

If, say , a house is on ground that is laced with some toxic chemical, and it would take 4X what the asking price is of the "fixer upper" to make it livable and up to code.

You obviously seen something that had potential.

The 13 th Warrior

[Andy Fletcher]

Interesting thread. This is definitely something I've been curious about for a while but haven't seen much info on. I hope more people contribute.

[The 13th Warrior]

Yeah, more info.

Just punched this up on search:


Website Buying Tips and Insider Secrets




Wish I could change the title on this thread, took out the $$ signs, so when people saw "Reverse SiteFlipping Income", it may lead to more curiosity and contribution.

The 13 th Warrior

[shane_k]

Originally Posted by tommygadget

Actually, I bought up around 50 sites from members of a now-defunct vre membership. The members mostly gave up because they were not earning anything and I picked up the sites, some with 15 to 20 original articles for under $50. Now some were total losers (these people just didn't know keyword research at all) and some sporadically sold ebooks and I made the money back by just adding my affiliate id. I could now sell the losers easily for over $150/each because I fixed the problems and the money is starting to come in. Anyway, sometimes a bargain can be found if you are in the right place at the right time.

TomG.

Yeah I bet you could find some great deals where the site is on a great niche, but the person who owns the site doesn't know about keywords or SEO or other ways to generate traffic and they are not properly utilizing their asset (their site) so they undervalue it.


And then you would come in, do your due dillegence, and figure out if you fixed up the keywords, done proper SEO work, and used your skills to generate traffic how would that affect the cashflow, your ROI, and if it is a possible great opportunity.


This is really peaking my interest now.

Shane_K

[shane_k]

Originally Posted by The 13 th Warrior

Yeah, more info.

Just punched this up on search:


Website Buying Tips and Insider Secrets




Wish I could change the title on this thread, took out the $$ signs, so when people saw "Reverse SiteFlipping Income", it may lead to more curiosity and contribution.

The 13 th Warrior

Thanks For the URL. Looks like some good info on there.


Shane_K

[Traffic-Bug]

If the site already makes decent money then there is no point in selling it, only under performing sites in terms of revenues find their way to domainsales.

[Jon Alexander]

bug makes a good point - although there are people who do it as a business - they create sites, let them age for a while, adding unique content automatically, then slap them up on site point etc where they can usually make a nice return on their $10 investment.

[The 13th Warrior]

Originally Posted by Jon Alexander

bug makes a good point - although there are people who do it as a business - they create sites, let them age for a while, adding unique content automatically, then slap them up on site point etc where they can usually make a nice return on their $10 investment.

This makes most site sellers look like oil-slicked hair used car salesman, shady mortagage brokers, MLM hype-ers..., put together products with tape and glue so they last just long enough for you to drive off the lot before they fall apart.

SiteFlippers integrity/ethics 101 ?

The 13 th Warrior