Thinking about Learning Web Site Flipping

39 replies
Hey there:

I've been doing a little reading and from what I read, it kinda looks like flipping websites can make some easy money. Granted I will have to learn stuff before flipping sites, but how hard could it possibly be? I'm not great with web design but it's something I'm willing to learn.
#flipping #learning #site #thinking #web
  • Profile picture of the author Joe R Piercey
    NB I don't flip sites but

    I read somewhere that the best place to buy them is at digitalpoint and the best place to sell them is at flippa

    If sites sell on flippa for 10x monthly earnings for example, then try and buy sites for less than 10x monthly earnings from digitalpoint and then sell them on flippa
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  • Profile picture of the author goldmineberry
    Banned
    Website Flipping is the next wave of wealth creation.

    If you can flip one website for a lump sum profits, you can definitely flip 100 websites or more for a gigantic sum of profits.
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  • Profile picture of the author sbucciarel
    Banned
    Probably my favorite method of making money and has been for a long time.
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  • Profile picture of the author jideofor
    It is not so easy as you pointed in your thread. It is a lot harder when you don't have the finance to actually make your site look good. I have seen some guys use one screenshot to flip several site. I have had to go offline to make more money before I come back into the website flipping game because that is where my passion lies.

    But if you can bring in good traffic to a website in a good niche, I would suggest that you sell adsense sites. They sell like HOT CAKES!
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  • Profile picture of the author g36
    If you're not great with website creation, learn it first. Learn how to create wordpress blog and basic html.

    I also don't flip site, but it looks like profitable. Maybe I'll try my own flipping method and come back with report in a month or two.
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  • Profile picture of the author GeorgR.
    You can not just flip sites for BIG profit at the snap of a finger.

    If you want to make good money (not peanuts)...you need to sell established sites with traffic and revenue. But this then opens up a whole can of worms...like how to do SEO for Google rankings etc...which can be A LOT to learn.

    Otherwise you will be stuck flipping non established sites which wont sell for much.
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    • Profile picture of the author MattVit
      Originally Posted by GeorgR. View Post

      You can not just flip sites for BIG profit at the snap of a finger.

      If you want to make good money (not peanuts)...you need to sell established sites with traffic and revenue. But this then opens up a whole can of worms...like how to do SEO for Google rankings etc...which can be A LOT to learn.

      Otherwise you will be stuck flipping non established sites which wont sell for much.
      This is absolutely true.

      You have to sell one website for $200 profit per day, which I doubt any website flipper here can or does do, in order to make a decent income.

      Otherwise you might as well go get a job.
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  • Profile picture of the author bagpuss0001
    Flipping is something I want to get into, but it isnt straight forward.
    I have looked into it myself and found the same as the other repliers. To sell for big money, it needs to have good traffic and good revenue. Otherwise you will be struggling to make a living out of it.

    I have several sites, all of which I started from scratch so I am looking at these as mid-long term investments.

    One bit of advice though, video content seems to sell very well.
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    • Profile picture of the author pcdoctor
      I know that for a beginner like me, I wouldn't be making a lot of money to start off with. I am willing to learn all that it takes even if it takes a bit of time to do so.
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      • Profile picture of the author sbucciarel
        Banned
        Originally Posted by pcdoctor View Post

        I know that for a beginner like me, I wouldn't be making a lot of money to start off with. I am willing to learn all that it takes even if it takes a bit of time to do so.
        If you have a passion for flipping websites, go for it. You've got plenty to learn, but it's all do-able.
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  • Profile picture of the author cashcow
    Originally Posted by pcdoctor View Post

    it kinda looks like flipping websites can make some easy money.
    Easy money? It's not easy, you can make money flipping websites but these days it takes a big up front investment and, like any other way of making money, it's not really that easy. Takes work, like anything else.

    To make big money, you have to get the site earning consistently (something which most people cannot do). If you can do that then you can make decent money, but selling brand new sites that aren't making anything is an uphill battle these days.

    Lee
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    • Profile picture of the author Aaarrrggghhh
      Originally Posted by cashcow View Post

      Easy money? It's not easy, you can make money flipping websites but these days it takes a big up front investment and, like any other way of making money, it's not really that easy. Takes work, like anything else.

      To make big money, you have to get the site earning consistently (something which most people cannot do). If you can do that then you can make decent money, but selling brand new sites that aren't making anything is an uphill battle these days.

      Lee
      Startup sites that you haven't added any assets or value too will not do well, especially on sites like Flippa. Heck, even selling start-up sites with 100% unique content haven't done well for quite a while now too.

      Depending on what you consider "big money", websites do not have to making money in order to sell for decent money.

      There are many things to take into consideration when evaluating any online business including the domain name, how long the site has been running, Page Rank, Alexa Ranking, content, unique content, existing social accounts, backlinks, directory submissions, keywords, search engine rankings. These are all assets for the online business/website which will increase the value and ultimately its purchase price.

      And yes, it is LOTS of work...but the work you put in on the front end is really worth the results you can achieve.
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      • Profile picture of the author cashcow
        Originally Posted by Aaarrrggghhh View Post

        Depending on what you consider "big money", websites do not have to making money in order to sell for decent money.

        There are many things to take into consideration when evaluating any online business including the domain name, how long the site has been running, Page Rank, Alexa Ranking, content, unique content, existing social accounts, backlinks, directory submissions, keywords, search engine rankings. These are all assets for the online business/website which will increase the value and ultimately its purchase price.
        Yes, you know I didn't even realize that until I saw the site that was linked to by Suzanne above.

        Silly me, even though I've been flipping sites for years, I never thought past the "making money" aspect of a site to realize that assets could be valuable too but since seeing that post I have looked at quite a few at flippa that have sold on the value of the assets alone so I will be taking that into consideration in the future for sure.
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  • Profile picture of the author johnben1444
    Originally Posted by pcdoctor View Post

    Hey there:

    I've been doing a little reading and from what I read, it kinda looks like flipping websites can make some easy money. Granted I will have to learn stuff before flipping sites, but how hard could it possibly be? I'm not great with web design but it's something I'm willing to learn.
    Sign up at Flippa and you will be given a free ebook on how to buy and sell website. This ebook is a great resource and beginners guide and probably the place many people got their website flipping idea from and selling it on WSO for money.

    If you are not sent the link to buy the book after joining flippa, sign in and navigate around. If you still can't find this then PM your email to and i will send the attachment to you.

    In case you don't hear from me then be aware that today is my last day here for the next weeks as i am going on vacation.

    John
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  • Profile picture of the author NathanBai
    Flipping sites has become such as profitable method! Even creating simple blogs and flipping them have small but reasonable profits! And therefor if you sell many per week will benefit!
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  • Profile picture of the author nevrak
    Make money online, eg via flipping site is doable but definitely not as easy as it sounds. You might want to adjust your expectation.
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  • Flipping should continue to work to some degree as long as there are willfully-ignorant people who believe there's easy money to be made on the Internet.

    If you believe this, ask yourself: Who's looking to make money off ME?

    :-)

    fLufF
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    • Profile picture of the author sbucciarel
      Banned
      Originally Posted by fluffythewondercat View Post

      Flipping should continue to work to some degree as long as there are willfully-ignorant people who believe there's easy money to be made on the Internet.

      If you believe this, ask yourself: Who's looking to make money off ME?

      :-)

      fLufF
      --
      And flipping a website is different than flipping a domain without a website, as you just did is different ... how?

      I've been building websites for people ... happy customers ... for over 12 years and they do not consider themselves willfully ignorant ... nor do I.

      Did you build your own house? Your own car? There are many reasons to buy a pre-built website rather than attempt to create one yourself if you know nothing about building a website.
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    • Profile picture of the author Aaarrrggghhh
      Originally Posted by fluffythewondercat View Post

      willfully-ignorant people who believe there's easy money to be made on the Internet.
      --
      I would never assume others are being ignorant and there are in fact easy ways to make money on the internet, you just have to find what works for you.

      If you can write, go write articles and offer your services at Fiverr...or better yet, go find someone who can do the articles for $3 and you market them for $5...sounds like pennies? Well go make 100 sales and you just made $200...on the internet...and you just learned it on the WarriorForum.
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  • Profile picture of the author Chri5123
    Website flipping can make you money but like everything it is not guaranteed - read, learn and implement and once you have sold a few sites it gets a lot easier.

    The main thing is making sure you have profits to show - you don't HAVE to do this but the sites I have always sold have done better when they are making a profit.

    Chris
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  • Profile picture of the author AddictionHelper
    Flipping sites is super profitable when you find the right buyers. Its possible to flip sites making absolutely no money for thousands of dollars - again you just need the right buyer.
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  • Profile picture of the author Ryan David
    I considered flipping at one point, but when you think about the amount of principal it takes to generate a stream of income, it helps put things in a different light.

    Even a crappy little site that I have that I haven't added to in 5 years brings in $110/month. That would take $25K @ 5% per year to earn that.

    Not saying that's the best choice for everyone, but my main business provides enough cash for investments. So if I sold a website, the cash would likely just sit in the bank.
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  • Profile picture of the author Hamida Harland
    Originally Posted by pcdoctor View Post

    from what I read, it kinda looks like flipping websites can make some easy money.
    Don't believe everything you read. Most ebooks will tell you that it's 'easy' to make money using whatever business model they're talking about.

    If you can build (or fix up) a website and get it making money, then yes, it's easy. You need to know alot more than website design though - you need to know how to optimize the website, promote it, get rankings and conversions etc. None of those are particularly easy if you're a complete beginner.
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    • Profile picture of the author kdmpublishing
      Originally Posted by Hamida Harland View Post

      Don't believe everything you read. Most ebooks will tell you that it's 'easy' to make money using whatever business model they're talking about.

      If you can build (or fix up) a website and get it making money, then yes, it's easy. You need to know alot more than website design though - you need to know how to optimize the website, promote it, get rankings and conversions etc. None of those are particularly easy if you're a complete beginner.
      Very true, spend some time getting to know what your customers want,and look at the popular keywords to determine if this method works for you. Once you have a passion for the work, then it helps. You would be surprised how many people want the sites but want it highly customized. Good, more money for you.

      Detail out exactly what you will offer and if they want extra, charge it. Dont be afraid to charge for things such as maintenance, search engine optimization, article writing ( or add to the package as a bundle).

      Also do a test run on how long it takes to create the work. Dont give an unrealistic time span, then realize you are swamped and the customer is not happy.
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  • Profile picture of the author inspiredguy
    I'm curious - for those of you who flip sites; do you look for buyers AFTER you've bought and update/created the site, or do you find a buyer and then buy and update/create a site specifically for them?
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    • Profile picture of the author sbucciarel
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      Originally Posted by AddictionHelper View Post

      Flipping sites is super profitable when you find the right buyers. Its possible to flip sites making absolutely no money for thousands of dollars - again you just need the right buyer.
      Yep. Take a look at this gem
      https://flippa.com/90266-premier-men...on-t-miss-this
      No revenue, sold for $17,495. Bought by a media company. Had plenty of assets, just no revenue

      Originally Posted by inspiredguy View Post

      I'm curious - for those of you who flip sites; do you look for buyers AFTER you've bought and update/created the site, or do you find a buyer and then buy and update/create a site specifically for them?
      I prefer to build the sites and then find the buyer. The other way around is too much like working for someone.
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      • Profile picture of the author Ryan David
        Originally Posted by sbucciarel View Post

        Yep. Take a look at this gem
        https://flippa.com/90266-premier-men...on-t-miss-this
        No revenue, sold for $17,495. Bought by a media company. Had plenty of assets, just no revenue
        That seems like a case where the guy could've monetized, but chose not to. Plus he had some intangibles to go along with it (subscribers, DMOZ links, twitter followers, facebook fans). I suspect this guy put quite a bit of work into a site like this.
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        • Profile picture of the author sbucciarel
          Banned
          Originally Posted by Ryan David View Post

          That seems like a case where the guy could've monetized, but chose not to. Plus he had some intangibles to go along with it (subscribers, DMOZ links, twitter followers, facebook fans). I suspect this guy put quite a bit of work into a site like this.
          Quite right. I know the guy. He's very good at building sites like this and does put a lot of work into them and then flips them.
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      • Profile picture of the author cashcow
        Originally Posted by sbucciarel View Post

        Yep. Take a look at this gem
        https://flippa.com/90266-premier-men...on-t-miss-this
        No revenue, sold for $17,495. Bought by a media company. Had plenty of assets, just no revenue

        I'd never considered that a site could sell for so much just based on the assets. I mean I see by the listing that he has a boatload of work into it, 70 articles, followers etc... That's really cool!

        I guess I've been stuck on thinking of "income" as the only thing that could make a site worth more than $150 - thanks for pointing that out.

        Lee
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        • Profile picture of the author pcdoctor
          It's still something I may consider doing, but maybe not doing it right away. First, I'm probably going to learn what it takes to be a good affiliate marketer and then learn some web design skills here and there too. How I found out about web site flipping was that a guy I know posted a video about how he got started doing it on his facebook. If it works, this is the link where I learned about it at and I'm sorry if I'm posting this here. Log In | Facebook But that was back in January of 2009 and I'm not sure if what the guy mentions in this video works anymore. And from what I've been reading and from what all of you are talking about on here, it seems like the flipping business is different than what this guy is mentioning in his video.
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      • Profile picture of the author Aaarrrggghhh
        Originally Posted by sbucciarel View Post

        Yep. Take a look at this gem
        https://flippa.com/90266-premier-men...on-t-miss-this
        No revenue, sold for $17,495. Bought by a media company. Had plenty of assets, just no revenue
        That is a perfect example of a website that has LOTS of assets, absolutely worth the price the buyer invested. It was fully prepared to start earning immediate revenue.
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        • Profile picture of the author davidjames42973
          That's funny that you mention website flipping tonight.

          I just finished up a really good webinar with Tony Wang a couple hours ago who makes some pretty good money flipping websites on Flippa. I've never sold a website on Flippa, but after what Tony has showed me I'm definitely going to look into doing this.

          If you want to check out the webinar replay send me a PM and I will email you the link.
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  • Profile picture of the author suxes2005
    Even as a newbie, the only major money i make from
    Internet Marketing is from website flipping. Its not easy though
    the way 'gurus' present it but if you follow a due course it's going
    to be easy.

    I'm trying to complete my WSO for newbies on how to make $1000
    in 2 months in website flipping (it could be more than that but i dont
    wanna rasie the flag high).

    i've dropped a domain name for $345 before which i only bought for less
    than $10 with an article of less than $3 on it...

    Website flipping is part of the best ways to make money online and NO you
    do not need to know how to build a gigantic site before you make money from
    website flipping... do not wait on earnings alone! Sites with subscribers, twitter
    followers and facebook fans also sells for good money.

    SHALOM
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  • Profile picture of the author ColinChia
    Once you get your first BIG sale - you're FOREVER hooked!

    What started out to be a hobby, turned out to a full blown business... who would have known?
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    • Profile picture of the author Webmastrr
      Originally Posted by ColinChia View Post

      Once you get your first BIG sale - you're FOREVER hooked!

      What started out to be a hobby, turned out to a full blown business... who would have known?
      I second that.. theres nothing different from building a site for yourself or flipping it .. make a site with TLC .. throw in some time and you will get big bucks
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      • Profile picture of the author jvjoe
        There are lots of materials on Web site flipping in the forum, you can a forum search to see which one you really like. You can also check the wso sections to see lots of flipping hold-by-the-hand materials.
        there is serious money in site flipping if only done correctly... just like the rest war members says...
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  • Profile picture of the author chrisyates
    Originally Posted by pcdoctor View Post

    how hard could it possibly be?
    In my opinion, you need these four skills to build a scalable flipping business:

    1.) Ability to See Potential in Sites
    2.) Ability to Analyze Numbers
    3.) Ability to Manage a Team
    4.) Ability to Develop Relationships

    Notice how I didn't mention anything about technical abilities? That can help you, but it's not required.

    Doesn't seem as hard when you look at it from a simplified view.
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  • Profile picture of the author mrxu
    If you can write, go write articles and offer your services at Fiverr
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  • Profile picture of the author Duckyshucky
    Site flipping, as any other internet marketing activity really, can be profitable. The trick is to learn the trade in and out in order to make sense of everything that you'll encounter during each step. Good luck!
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