Flipping websites is a business model that many online marketers use to generate quick cash. Frankly, it is not as easy as that may sound, but once you have worked out an established process for getting the site, establishing its value and marketing it in the right market, it can be a money maker.

This online business is not limited to flipping just websites. The business model can include selling blogs, Squidoo Lens and Hubpages. The upside of building a Squidoo Lens, Hubpage or...