If you had $500k, what online property/biz would you buy?

22 replies
Heya!

Just got this crazy idea... You're granted $500,000 free and clear to buy an online asset/business that generates cash-flow, what would YOU buy, and why?

Let your creative juices flowing

Thanks!

Gonzalo

P.S. I have a friend that actually offered me "up to $500k" so I'm asking for great ideas So this is no daydreaming whatsoever.

P.P.S. Some of you suggested to buy websites and improve their revenue performance. Where would you look? Flippa.com? Any other resources are really appreciated!
#$500k #buy #online #property or biz
  • Profile picture of the author ibuywireless
    with 500K I wouldn't deal with online. I'd buy 8 rental properties that could rent for $800 a month each then id take the $500 of the $6400 I'd be currently earning a month from the rental properties to start and develop an authority site.

    Work smarter not harder.
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  • Profile picture of the author discrat
    Probably investing in a whole lot of legit,proven Websites that are for sale

    - Robert Andrew
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  • Profile picture of the author RefuseToLose
    Buy a bunch of smaller revenue websites that you have the potential to grow and scale the earnings due to inexperienced website owners.

    Once you have a large enough network of websites either focus on optimizing their revenue streams or you can take the lazy way out and create an advertising platform and let other people bid for that traffic.

    You can have a crazy return off a good portfolio of websites that are optimized and being well maintained.

    People talk about investing into stocks and think 10-15% annually is awesome. In the online world 10-15% returns is on the lower side of things.

    If people from the offline world started putting as much attention into maintaining their online properties like real life properties, they could easily get more value out of a website than they ever could from a rental property.

    But people don't know how to do it so they don't think its possible.

    It's crazy to think how far you can go in internet marketing with just 5-10k to get started. You couldn't even open a business with that kind of money in the real world, but online, that 5-10k could create a business worth tens of thousands in a short amount of time.

    What a unique situation we are all living in right now.

    If you aren't taking advantage of the ignorance of the masses and using this once in a lifetime opportunity to get your foot in the online world. You're going to be kicking yourself 10-20 years from now when things get a lot harder and the real world finally wakes up and realizes anyone can do this.

    I'll say it right now. Screw putting money into your investment portfolio. If you have less than $5,000 in the market right now, take it out and put it to use to build something of value right now while the iron is hot. That $5000 would be put to better use building a real asset instead of sitting in a portfolio for 15 years.

    That doesn't mean don't invest, but if you're serious about doing something more with your life, do it now while you're still young and have the ability to take a chance. When you're 55 and retired and realize that $100,000 portfolio you've built up over the years is only going to last you 3-5 years (if you're lucky), you'll wish you could of done something more or worse, you'll have regrets that you never took the risk of doing something that is challenging and rewarding.

    This has gotten a little off topic for what was in the original post, but I don't think a lot of people realize what kind of time they are living in right now.

    You have the ability to buy a computer for as little as $50. And with some willpower and a little work ethic you can use that tool to reach millions of people across the world. Never before in history has anything like this ever been created. You are living in a time where the most dirt poor person in the country could get on a computer and become a millionaire.

    If there ever was a time to double down on your dreams of creating a successful business. This is the time to do it. Don't let fear hold you back, because there is something worse than fear...

    And that's regret.
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    • Profile picture of the author IMarketers2500
      Originally Posted by RefuseToLose View Post

      Buy a bunch of smaller revenue websites that you have the potential to grow and scale the earnings due to inexperienced website owners.

      Once you have a large enough network of websites either focus on optimizing their revenue streams or you can take the lazy way out and create an advertising platform and let other people bid for that traffic.

      You can have a crazy return off a good portfolio of websites that are optimized and being well maintained.

      People talk about investing into stocks and think 10-15% annually is awesome. In the online world 10-15% returns is on the lower side of things.

      If people from the offline world started putting as much attention into maintaining their online properties like real life properties, they could easily get more value out of a website than they ever could from a rental property.

      But people don't know how to do it so they don't think its possible.

      It's crazy to think how far you can go in internet marketing with just 5-10k to get started. You couldn't even open a business with that kind of money in the real world, but online, that 5-10k could create a business worth tens of thousands in a short amount of time.

      What a unique situation we are all living in right now.

      If you aren't taking advantage of the ignorance of the masses and using this once in a lifetime opportunity to get your foot in the online world. You're going to be kicking yourself 10-20 years from now when things get a lot harder and the real world finally wakes up and realizes anyone can do this.

      I'll say it right now. Screw putting money into your investment portfolio. If you have less than $5,000 in the market right now, take it out and put it to use to build something of value right now while the iron is hot. That $5000 would be put to better use building a real asset instead of sitting in a portfolio for 15 years.

      That doesn't mean don't invest, but if you're serious about doing something more with your life, do it now while you're still young and have the ability to take a chance. When you're 55 and retired and realize that $100,000 portfolio you've built up over the years is only going to last you 3-5 years (if you're lucky), you'll wish you could of done something more or worse, you'll have regrets that you never took the risk of doing something that is challenging and rewarding.

      This has gotten a little off topic for what was in the original post, but I don't think a lot of people realize what kind of time they are living in right now.

      You have the ability to buy a computer for as little as $50. And with some willpower and a little work ethic you can use that tool to reach millions of people across the world. Never before in history has anything like this ever been created. You are living in a time where the most dirt poor person in the country could get on a computer and become a millionaire.

      If there ever was a time to double down on your dreams of creating a successful business. This is the time to do it. Don't let fear hold you back, because there is something worse than fear...

      And that's regret.
      Best post i've read in 2016.

      He's right. I remember starting off in online marketing after years of trial and error and now, YES!!!! I MADE IT!!! THANK GOD!!!
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    • Profile picture of the author anayb
      Originally Posted by RefuseToLose View Post

      Buy a bunch of smaller revenue websites that you have the potential to grow and scale the earnings due to inexperienced website owners.

      Once you have a large enough network of websites either focus on optimizing their revenue streams or you can take the lazy way out and create an advertising platform and let other people bid for that traffic.

      You can have a crazy return off a good portfolio of websites that are optimized and being well maintained.

      People talk about investing into stocks and think 10-15% annually is awesome. In the online world 10-15% returns is on the lower side of things.

      If people from the offline world started putting as much attention into maintaining their online properties like real life properties, they could easily get more value out of a website than they ever could from a rental property.

      But people don't know how to do it so they don't think its possible.

      It's crazy to think how far you can go in internet marketing with just 5-10k to get started. You couldn't even open a business with that kind of money in the real world, but online, that 5-10k could create a business worth tens of thousands in a short amount of time.

      What a unique situation we are all living in right now.

      If you aren't taking advantage of the ignorance of the masses and using this once in a lifetime opportunity to get your foot in the online world. You're going to be kicking yourself 10-20 years from now when things get a lot harder and the real world finally wakes up and realizes anyone can do this.

      I'll say it right now. Screw putting money into your investment portfolio. If you have less than $5,000 in the market right now, take it out and put it to use to build something of value right now while the iron is hot. That $5000 would be put to better use building a real asset instead of sitting in a portfolio for 15 years.

      That doesn't mean don't invest, but if you're serious about doing something more with your life, do it now while you're still young and have the ability to take a chance. When you're 55 and retired and realize that $100,000 portfolio you've built up over the years is only going to last you 3-5 years (if you're lucky), you'll wish you could of done something more or worse, you'll have regrets that you never took the risk of doing something that is challenging and rewarding.

      This has gotten a little off topic for what was in the original post, but I don't think a lot of people realize what kind of time they are living in right now.

      You have the ability to buy a computer for as little as $50. And with some willpower and a little work ethic you can use that tool to reach millions of people across the world. Never before in history has anything like this ever been created. You are living in a time where the most dirt poor person in the country could get on a computer and become a millionaire.

      If there ever was a time to double down on your dreams of creating a successful business. This is the time to do it. Don't let fear hold you back, because there is something worse than fear...

      And that's regret.
      I first realised it when I made my first dime online in 2008 when I was just a college pass out. I am hooked since, but making millions is more related to proper mindset, which can't be acquired overnight... it takes years (if not decades) of hard-working and knowledge to become a successful business owner in online world, but very much possible if you have the required grit and courage. Remember, Bill Gates has never taken a day off in his twenties, not a single one. Having sound technological knowledge should be your first priority when venturing out in the Internet. Its very much harder and in some cases nearly impossible unless you're a technical person, creating a scalable biz that make millions. I think you must spend a year or two in learning how to code, be it php, python, rub or go, first, then you'll have a very firm grasp of knowledge how to scale a biz technologically-which we call hyper-growth, automation etc. You don't have to be a super programmer, but knowing how things are implemented is very crucial, which 99% overlook and fail eventually.
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  • Profile picture of the author salegurus
    I would stop daydreaming on forums and start doing...
    Signature
    Think of how stupid the average person is, and realize half of them are stupider than that.

    ― George Carlin
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  • Profile picture of the author Regional Warrior
    Originally Posted by garzuaga View Post

    Heya!

    Just got this crazy idea... You're granted $500,000 free and clear to buy an online asset/business that generates cash-flow, what would YOU buy, and why?

    Let your creative juices flowing

    Thanks!

    Gonzalo
    I think if you daydream this much you will be one of the 80% on here that make squat , this type of thread should be in the Off topic that's where the answers you want are!

    Jason
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    • Profile picture of the author BigFrank
      Banned
      Originally Posted by Regional Warrior View Post

      this type of thread should be eliminated, forever!
      Fixed that for you.

      Frank
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  • Profile picture of the author agmccall
    your time would be better spent trying to figure out what to do with the money you have to invest in your business instead of the money you might find in fantasy land

    al
    Signature

    Broken promises don't upset me. I just think, why did they believe me?
    ~Jack Handey~

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    • Profile picture of the author garzuaga
      Right. But I actually have a friend that offered up to $500k to invest online. So I'm kicking the tires in the best place to get other people's opinions (WF).

      Some of you are actually contributing with great ideas
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      • Profile picture of the author agmccall
        Originally Posted by garzuaga View Post


        Some of you are actually contributing with great ideas
        Oh yeah, I can see that. Take that advice from total strangers and spend that half mil

        al
        Signature

        Broken promises don't upset me. I just think, why did they believe me?
        ~Jack Handey~

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      • Profile picture of the author Regional Warrior
        Originally Posted by garzuaga View Post

        Right. But I actually have a friend that offered up to $500k to invest online. So I'm kicking the tires in the best place to get other people's opinions (WF).

        Some of you are actually contributing with great ideas
        Yes and you leave yourself open to the Sharks who will pound you to look at there BS proposal also the fack that no knows you or what you have done so there is on credibility
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  • Profile picture of the author Kay King
    I actually have a friend that offered up to $500k to invest online
    That would be one thing if you had a product or project in development and worth investing in.

    If you are getting ideas here for where to spend his money - tell your friend to choose his own investments....and you'll keep a friend.
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  • Profile picture of the author hynds
    If I had $500k, maybe I would not invest in online, I will buy 5-10 houses/properties and then rent them. But in case you Must invest online or nothing, I would suggest you to invest into bidding ads system such as Google adword or Affiliate network such as CJ, Clickbank,..IMO
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  • Profile picture of the author Julio
    If it was me I would invest 100k - 200k on a really good one word keyword domain with traffic and use the rest to invest on building content for the site and other small little things.
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    DominioNombres.com Marketplace!
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  • Profile picture of the author Sonny Morris
    First thing first, invest time of yourself to figure out what is the best way to make money out of that 500k$. It dont have to be online business tho.
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  • Give it to me. That's the best investment your friend could make.
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    Pick a product. Pick ANY product! -> 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9
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  • Profile picture of the author superowid
    I'll use it to place my ad banner on warrior forum every day for 13.5 years.
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  • Profile picture of the author shaqsquash
    I'd buy an underutilized, undervalued website at a bargain price that I could grow. I wouldn't spend the whole 500k. Then I'd take some of the savings and grow the sites traffic and revenue. After a year or so, I'd place it back on the market at double or triple it's original value and rinse and repeat until I was excessively rich.
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  • Profile picture of the author DABK
    Buy a large property next to a gentrification area, split it in 2 parts, sell each part for $410k. Now, I've got $800k to play with. I buy a 6-unit property in the same area, convert it into 6 condos, sell each condo for $250k. After expenses, I've got $1.2 mil.

    You could also buy a 20-unit (in my area you'd have to get a mortgage), after expenses and mortgage payments, each unit will be getting you some $250, so that's $5k a month net revenue and you still have a couple hundred thou to buy a franchise (some frozen yogurt or kids birthday thing) and do some good marketing that would get you a net revenue of some $5k a month.

    So, now you've got a business, a building, you're making money and your building's value goes up (because, of course, you bought a D building in a B- area and pretty soon the area will be an A area and, of course, you're improving the building so you can raise rents and increase value.

    Really, look into buying a franchise that's got proof it knows how to help franchisee make money and look into real estate... (but be an investor, not a speculator).
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  • Profile picture of the author wmrwl
    If it were me, personally, I would imagine myself walking into a casino with 500k and go to flippa and start small and work my way up as I start winning (AKA making the money back that I invested). The whole time I would only invest money in small increments with the expectation that you can possibly lose money (ie, the casino analogy)

    You may end up buying some duds (AKA losing bets), but in the end if you do all of your due diligence you can find some great deals on there.
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  • Profile picture of the author automathings
    In a nutshell, what you want to do is find ways to test the market with different products and services while spending a minimum amount of money. When you find a product or business model that gives you consistent ROI, then start dumping significant sums of money into it. Don't spend it all in one place!
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