I want to buy a website - Advice needed

15 replies
Okay, so I have found some great deals on websites that are bringing in a good amount of monthly income, but I need about 100k to buy one, but I am only 19 and have no credit.

So, are there any options that I have for this?

If you have any advice post here or send me a PM.

Thanks!
#advice #buy #needed #website
  • Profile picture of the author winseosoft
    You are 19 years old with no money and you are thinking about spending 100k $ on a website?
    This is not good if you are a beginner entrepreneur...
    If you want to be succesfull you should start from down and in time build your own business.
    But everything takes time , and you should first manage to control small stuff if you want to control the big ones...
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    • Profile picture of the author jtlucas2511
      Originally Posted by winseosoft View Post

      You are 19 years old with no money and you are thinking about spending 100k $ on a website?
      This is not good if you are a beginner entrepreneur...
      If you want to be succesfull you should start from down and in time build your own business.
      But everything takes time , and you should first manage to control small stuff if you want to control the big ones...
      I appreciate the insight, but I really want to figure out how to make this possible.

      Even if I could get 10k to buy a website, that would be great.
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  • Profile picture of the author drr
    I would say be careful.

    If you are splashing out 100k on a site, it should be proven to have earnings of at least 1/7th of the sale amount. It's difficult to evaluate sites - get a good contract drawn up by a good lawyer that gives you some bail out options.

    For 100k this had better be an established site with a build in client base and possibly some residual income...
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  • Profile picture of the author Mike Tyler
    100k woahh? There's no smart in buying website when you can nothing about web development or maintaining a website.. Because that 100k piece of web history will loose it's value quicker than you can say "make me rich" if you aren't maintaining it properly.

    My tip? Build one instead and learn all the steps in maintaining a website in the process! There's alot of great eBooks, Blogs, Forums and Articles on this topic.

    Mike Tyler.
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  • Profile picture of the author sbucciarel
    Banned
    If you're determined to buy a website for thousands of dollars instead of building one of your own, you're experienced enough to get the funding for it.

    Start selling something or get a job to make the money for it. I doubt anyone will loan you that amount for a website.
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    • Originally Posted by sbucciarel View Post

      If you're determined to buy a website for thousands of dollars instead of building one of your own, you're experienced enough to get the funding for it.

      Start selling something or get a job to make the money for it. I doubt anyone will loan you that amount for a website.
      Amen ! Amen ! start from the ground or prepare to fall hard , business fundamentals
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      Fraser Mackie
      Affiliate Manager
      Sellhealth.com

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  • Profile picture of the author webapex
    We would all like to be handed a pre-made money winner that earns passive income while we're playing video games.

    With the number of sites with fraudulently inflated earning and traffic figures on the market, finding a lender for one might be difficult.

    Find an innovative site with high growth potential and you might be able to sell your soul to some venture capitalist interested in expanding it's revenues 100 fold.
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    “An expert is a person who has made all the mistakes that can be made in a very narrow field” Niels Bohr

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  • Profile picture of the author brianboyer
    If you plan on using Flippa to purchase your website you can read my recent post that may help you out http://www.warriorforum.com/main-int...g-selling.html
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    • Profile picture of the author jtlucas2511
      Originally Posted by brianboyer View Post

      If you plan on using Flippa to purchase your website you can read my recent post that may help you out http://www.warriorforum.com/main-int...g-selling.html
      Thanks for contributing something useful to this thread!
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      • The first step is to create your website. There are many ways to do that. If you're creative and technically savvy, then you can do it yourself. If that's not the case, you can hire a professional to do it for you.Once you've created your website, you're ready to put it online. There are millions of websites out there. Each website has a unique address called domain name. Now you've created a website, and registered a domain name.There is one more step to get your website online. You need a place to store your web pages, images, documents, and other files so your visitors can access them with an internet connection. To make your website work, you need to add quality content regularly.Again, creating your website and putting it online is just the beginning. You should manage your website effectively to keep it running. You need to add, update, and delete webpages regularly. Doing this will keep your website fresh and up-to-date.
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        • Profile picture of the author sbucciarel
          Banned
          Originally Posted by Osvinwebsolutions View Post

          The first step is to create your website. There are many ways to do that. If you're creative and technically savvy, then you can do it yourself.
          Read the OP before responding. He doesn't want to build a website. He wants someone to loan him $100,000 to buy one.
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  • Profile picture of the author winseosoft
    Even if I had 500k $ cash in my pocket I won't give 100k for a site...
    You can buy aged domains and build your own site with much less money...
    I don't think is very smart to do this right now...
    You are trying to skip some steps of the process and it will not bring you good thats for sure man.
    So you figure it out whats best for you.
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  • Profile picture of the author ALearner
    Flippa.com is a good place to buy a website. You can find other places (websites) to buy a website too, but lately, flippa has built a good credibility.
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  • Profile picture of the author chrisyates
    Originally Posted by jtlucas2511 View Post

    So, are there any options that I have for this?
    1.) Start building your personal credit now.
    2.) Start small with a few sites that you buy yourself so you can show you have experience and a track record of returns
    3.) Show investors what you're doing and explain you want to start small and scale up to $100k.
    4.) Convince an investor to give you $10k to get started.
    5.) Get good returns on that $10k
    6.) Go back to that investor or find another investor to invest $100k

    Good luck!
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  • Profile picture of the author moaid123
    IF I were you I will build the site from scratch
    it is less expensive for some one still 19 years old
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