21 replies
Ok here's the deal. I have well over $100,000 saved in the bank. I want to buy 4 web sites making over $1,000 a month a piece. That would give me over $4,000 month revenue which is enough to live on. Here's the problem. Most of the sites for sale on Flippa have fake states and income, how do I find sites with verified income and states and that's legit?

If it's possible I would like for the web sites to generate my income for my retirement.
#retire
  • Profile picture of the author PerformanceMan
    Originally Posted by Dave90210 View Post

    Ok here's the deal. I have well over $100,000 saved in the bank. I want to buy 4 web sites making over $1,000 a month a piece. That would give me over $4,000 month revenue which is enough to live on. Here's the problem. Most of the sites for sale on Flippa have fake states and income, how do I find sites with verified income and states and that's legit?

    If it's possible I would like for the web sites to generate my income for my retirement.
    Websites lose income all the time. Investing in a website for income is the opposite of 'guaranteed.'

    In answer to your question: you don't. All you find is websites that people are 'dumping' because the income is not stable.
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  • Profile picture of the author rosetrees
    Even if you do find 4 websites earning $1k a month each, you won't be able to retire. They will require maintenance to keep up the level of earnings. Things change rapidly online - new technologies, new competition, constant onslaught from hackers and spammers. All sites require maintenance.
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  • Profile picture of the author biznics
    Like others have said, website income isn't something you can rely on (without maintenance and constant work) for a long term.

    Besides, instead of buying 4 websites, why not develop 1-2 quality sites? Ofcourse the process will take time but the effort is worth a shot. Few of the benefits of developing (or have someone else develop) your site is that you will know every aspect of your websites(s); like, content, SEO & etc.

    BUT, bought website or developed one, in both cases, you're going to have to work on your sites to keep the earning thingy stable and regular.

    Good luck,
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  • Profile picture of the author laurencewins
    I have some magic pills to but if you want some.
    There are no guarantees or short cuts.
    While your plan may sound fine in theory, there are heaps of factors that could obliterate it.
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  • Profile picture of the author YoichiSpeaks
    Invest that money in precious metal. Do you want to work or do you want your money to work for you? Hyperinflation is around the corner, and look at whats happening in Europe and banks else where....atleast invest half of that money and invest the other half on websites that already making money.

    I am not a wealth adviser but I have advisers that help me.

    Hope this helps!
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  • Profile picture of the author CandyxLand
    Flippa websites are actually a very bad investment. Even when the figures are real, most of those passive income websites are earning money from adsense. At any time, the site could lose its ranking and thus its traffic. Google could ban you from adsense, etc.

    If you don't know the game, you'll lose. I'd take my money and buy real estate and rent it out.
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  • Profile picture of the author Abul-Hussain
    Become an investor in businesses that are profitable but have constant cash flow problems. You can't get any more hands-off then that, without taking considerable risks.

    Abul
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  • Profile picture of the author NddS777
    Websites are risky business. I would say, keep your money in the bank (where it belongs) and enjoy the interest. Consider offering an online service that pays okay and doesn't take up too much of your time. Many people can't sit still when they retire, anyway. If you really want to go the website route, create your own, or invest a bit of money and let someone do it for you. With your free time, build it up into something awesome and valuable that generates some money. Remember, when you buy somebody else's site, you could be buying their problems.
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    • Profile picture of the author Michael T.
      Invest money in one quality site and don't rely just on google for traffic...there are tons of other ways like social media,ads....
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  • Profile picture of the author John Romaine
    * shakes head ....
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  • Profile picture of the author Yadira Barbosa
    Any website requires maintenance so, you will not retired entirely.

    Maybe you must try real state.
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  • Profile picture of the author Cobaki
    If you are planning for your retirement, I suggest you invest in a more stable income. When you invest in online marketing, you have to work real hard for it and that doesn't guarantee you'll earn much so you'll have to learn more and work harder. It's not a good idea for retirement.
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  • Profile picture of the author Mike Hlatky
    Here are a few things to look for when purchasing a site on Flippa:
    - Established seller
    - Verified analytics. Ask the seller if he/she will allow you to take a look at the analytics for yourself.
    - Diversified traffic sources
    - Website established for at least a few months
    - Consistent or increasing income

    I think it's funny how much people on here bash Flippa. I have had a postive ROI on 90%+ of the sites I have purchased on Flippa and elsewhere.

    The only bad thing about Flippa is the scammers and the people promoting "Make Thousands with a website that has no traffic or Income!!!!" As long as you can avoid these, there is plenty of opportunity.
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  • Profile picture of the author Evocess
    I would agree with the post of NddS77.
    When you buy others website is just like buying their problems.
    I would also suggest you to create your own website and make the most of it.
    Internet business is not that simple and there's still a big risk involved.
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  • Profile picture of the author TimothyTorrents
    Trade stocks?

    Websites require a lot of maintenance. Of course, you could hire someone to maintain the websites for you... But that could be tricky...
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  • Profile picture of the author Marc Rodill
    The worst advice you got in here was to keep your money in the bank and let it collect interest. With the rate of inflation that's a moot point.

    Probably the best advice you got was to invest in real estate and rent it out. $100,000 can buy you a lot of mobile homes in a mobile home park.

    That's a lot more guaranteed than a website. You're still going to have to manage it and keep the traffic going like everyone else already said.

    With your "time to cash out" mentality though, you're probably going to be pretty vulnerable to being separated from your money. Be careful.

    Marc
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  • Profile picture of the author Friedmett
    Asking in the internet marketing/affiliate world I agree with that unless you are willing and commited to learn how to keep a website or 4 doing great then you should look elsewhere and since you have to invest I would recommend Mike Dillard Elevation group who are looking into to that for a living. Of cource you can outsource the maintaince of the websites if you can find someone you can trust in that area.
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  • Profile picture of the author kindsvater
    Forget Flippa for this type of inquiry. Look for small businesses for sale via real brokers. Some of those businesses will be web based. After signing a confidentiality agreement you should be given access to real data, such as revenue, expenses, year to year results, sales, customers, profit margin, payables, etc.

    Another possibility is to search for websites with rankings and/or affiliate programs and inquire about buying them.

    One problem is you are wanting $48,000 per year, but only have $100,000 to spend. I assume the $4000 revenue you want is really $4000 in net income, after expenses but before taxes.

    Another assumption from a "retirement" post is you do not want to work on the business, but want this to be passive income continuing for years on end. That is unlikely. More feasible is a business where you pay someone to manage it, but you are not looking at sufficient income at $4k per month to hire someone full time, or with much experience.

    Don't let the money burn a hole in your pocket where you feel compelled to spend it. I suggest quite a bit more thought and analysis before jumping into something.

    .
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  • Profile picture of the author World Marketing
    You will definitely have to maintain the websites but once you learn the steps and techniques you can make good money off of sites....The learning curve is he only obstacle
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  • Profile picture of the author waynemoney
    Websites is not where its at especialy for retirement income. It cracks me up how many people just want to buy something that makes money. If it makes money who is selling it. If they are selling it and it makes 1k a month then you would pay a standard rate of 12k X 5-7 years = $60 to $80 Thousand for it.

    The problem is that you will have to work or pay someone to work to keep the money flowing in.

    You would be better to invest it and have it making you money. Or you can buy a good site in a great niche and pay to build the business to a 4K a month business. If you have the money you can get the people to do the work you can even find someone to manage it and its growth.

    I recommend invest it somewhere other than internet marketing. Internet marketing or websites take a ton of effort even once you have them up and running well. Its a business. Thats why so many fail. They don't treat it like a business.
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