How much to have it all done for you?

You done this method?

That was a good thread. I would try to build at least one site to familiarize yourself with what you have to do so you would be able to least outsource the different elements of a business model.

for numbers sake if he wants $5000 a month, (since that seems to be a number I hear alot thrown around), he would need to multiply by 6-8?

in other words 30-$40,000 per month as a price point? I am not getting what you are trying to get him to make such a high sum for......is he flipping sites?

What Cool Hand Luke was saying is that if you want to just buy a website that is already complete, bringing in targeted traffic, and making money then the purchase price will probably be in the range of 5-6 times whatever it makes in monthly revenue. If you want to buy an existing site bringing in $2k/mo then expect to pay $12k-$16k. If you want to buy an existing site bringing in $5k/mo then expect to be in the range of $30k-$40k to purchase it.

That's a fairly typical rule of thumb, but as others have also said there's a lot of variables to consider. Depending on the type of site, what niche it's in, how it's getting traffic and other factors it might be worth more than that, or it may be worth substantially less.

You can find people to build you a site, but you're going to have to pay for that work whether the site actually becomes profitable or not. The more common way to do what you're suggesting is to just buy an already established site. The cost will be about the same either way, but since an established site might have a proven history it's usually a safer investment. There's a lot of sites just like that for sale on flippa every day. Anyone that wants to see the kind of sites available can head on over to flippa.com to see what's up for sale.

If you know what you're doing and have the money to invest, then for some people it's worthwhile to find a website like that and just buy it. If you do nothing more than maintain it, you should recoup your investment in 5-6 months. After that it's all profit.

It's also a fairly risky thing to do if you don't know what you're doing. There's a lot of scammers out there. It's not that hard for some people to make a site that looks profitable and then sell it to the unwary. Everything will look legit until the domain is transfered and the money is released from escrow, then the fake traffic will dry up and the fake earnings will never appear.

I like to think most sellers are more reputable than that, but you always have to be aware that scammers are always around. I actually know a lot of trustworthy sellers personally. They make money by flipping good quality established sites and do everything they can to make sure the deal will be good for the new owner as well. But not all sellers are the same, for some newbie coming into the business wanting to just spend the money without having to do the work, it can be hard to know the difference between the good deals and the scams.

Not saying the OP is a newbie, I have no idea of his experience level. He may be very astute, I'm just saying that if you want to just pay a bunch of money to avoid having to learn how things work, it doesn't always work that way.

Even an investor needs to know what he's doing. If you want to bypass learning how to set up your own site, monetize it and then drive enough traffic to make substantial profits, then it'll cost you. More than just the price for your investment though. Instead of learning how to build a profitable website, you'll have to learn how to actually find the good ones and avoid getting scammed.



For myself, if it's gonna take 5-6 months before it breaks even, I still prefer starting from scratch. But that's just me.

You can find a good niche, build a good website, and work on generating traffic, then in 5-6 months (or less) you can be profitable without tying up all that investment money.



edit-
Yep you can do all that. Of course you still have to promote the site and generate the right traffic.

Actually most of the type of sites you described are pretty crappy. (Mostly because so many are buying that same package there are thousands of identical sites that end up not converting well). You can do an even better job without doing much more work by just doing some good niche research, find the best keywords, decide on a good monetization method, buy a brand new domain and build a simple website. Then you'll still need to start promoting the site and generating some traffic.

But regardless of the different methods of starting your own websites, I don't think the OP is interested in that. I think he actually just wants to know how he can avoid learning how to do all that himself. He wants to just pay to have a site built and promoted to the point it's already generating a decent monthly income. If he has enough money to invest he can definitely do that.

That might not be the business model you choose for yourself, but there are a lot of people that do just invest in an already established website. As they say, to each there own.

(I'm with you though, it's not hard to just set up your own sites and then promote them yourself.)

But aren't these PLR websites? Sold to many people at a discount price?

If so, there are a lot of people selling this type of site.

Hey thanks for all of the great information from a variety of perspectives. Sounds like the site I have in mind may wind up costing a bit more than I expected! I have a little experience in making sites using Wordpress although they're not all that graphically "pretty!" Sounds like my best option will be to do some of that work myself and maybe outsource the backlinking like one poster suggested.