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Reverse$$ SiteFlipping$$ Income$$

by The 13th Warrior
20 replies
Has anybody made a living or is knowledgable about BUYING established ,proven profitable websites for profit?

Or any experience in this matter?

For example, if you buy a website, that on the low side, generates $1,000 per year, buying 100 of those would get you $100,000 a year, if you strictly used linear logic, though reality does not quite work out that way.

I would think this is a lot more trickier than Blog/wordpress/conduit/website flips because of the more possibility of stinkers and exaggerated claims of sites profitability stats and record.

Has there been a wso in this regard?

SitePoint, Ebay sites, etc.,buying experts here?

The 13 th Warrior
#income$$ #reverse$$ #siteflipping$$
  • Profile picture of the author Jon Alexander
    sorry, no. I mostly sell the underperforming ones. In fact, I'm not really needing to buy many anymore because there's so much free wordpress hosting out there - MU sites, and blogger-style sites.
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    • Profile picture of the author The 13th Warrior
      What do you consider under-performing?
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    • Profile picture of the author The 13th Warrior
      Originally Posted by Jon Alexander View Post


      In fact, I'm not really needing to buy many anymore
      So have bought sites?
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  • Profile picture of the author garyv
    People do buy them and make profit, otherwise there wouldn't be as many people selling. This would be a good subject for a WSO. There are definitely some gems being sold out there, and it would be great to be able to recognize them, and turn a profit.
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    • Profile picture of the author The 13th Warrior
      Originally Posted by garyv View Post


      There are definitely some gems being sold out there, and it would be great to be able to recognize them, and turn a profit.

      All I see are {creating} sites, 1st, then, selling them for a profit-type courses.

      The 13 th Warrior
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  • Profile picture of the author Sam Rodrigo
    Hi,

    You'll never get something for nothing. If people are getting rid of something, there is a reason. And those who are retiring or getting "out of the business" will want top dollar to part with something that is a CASH COW.

    Your best best is to keep an eye out for a good idea, that is under utilized, badly managed or just plain nonperforming and try to get a bargain which you can then build up and sell.

    IMHO,
    Sam
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    • Profile picture of the author derrickp
      Sam,

      I do not agree 100% with you. Obviously there is a reason someone is selling but not always a bad one.

      It is just like the real estate market. Because a house is for sale does not mean it is because something is wrong with it. People move out of a house for any number of reasons. Same thing with websites. The key is to find the ones that people are moving on for a reason that isn't bad.

      For example I bought a website for $120. It had Adsense blocks all over the place and affiliate links and other amazon links. The website had rankings and traffic some everything appeared good. I cleaned up the site and within 3 months earned my $120 back. I could have kept it but I ended up selling it for $500. There was nothing wrong with the site itself but it was not a portfolio site for me. The person that bought it is still earning good money from it and are happy and so am I because of the ROI.

      If this site was more geared toward the rest of my portfolio sites I may have kept it.

      DerekWong(I believe that is his name, he is a warrior), has bought a decent amount of sites and worked on them and held on to them for some time. Maybe he will post his thoughts here.

      Derrick
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      • Profile picture of the author The 13th Warrior
        Originally Posted by derrickp View Post


        Obviously there is a reason someone is selling but not always a bad one.
        Thanks for the insight.

        Originally Posted by derrickp View Post


        DerekWong(I believe that is his name, he is a warrior), has bought a decent amount of sites and worked on them and held on to them for some time. Maybe he will post his thoughts here.
        I hope he comes by also, and contribute his experience on this.

        Don't see hardly anything about this subject.

        The 13 th Warrior
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    • Profile picture of the author The 13th Warrior
      Originally Posted by Sam Rodrigo View Post


      Your best best is to keep an eye out for a good idea, that is under utilized, badly managed or just plain nonperforming and try to get a bargain which you can then build up and sell.
      Sounds like you know something about the buying and selling of sites.

      It almost sounds like the same philosophy of buying used products in a classified ad, or $190,000 property in a $3 million dollar neighborhood, or used cars at an auction lot.

      The 13 th Warrior
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  • Profile picture of the author shane_k
    I too would be interested in BUYING established ,proven profitable websites for profit?``

    I own a bunch of investment retail properties and I would also expect that just like the Real Estate market you would look for people who are selling their sites for specific reasons.

    In real estate we look for `motivated sellers` and the same could be done for websties.

    Obviously no matter what the person tells you about the earnings of the site, you would have to do your due dillegence.

    How to go about making sure the numbers are what the person says they are I wouldn`t really know how to go about that though.

    So I would be interested in learning from an expert.


    I have learned site flipping from Justin Brooke of Sitefling.com and I am going through my first flip right now.

    Maybe he will know something about buying websites with positive cashflow.

    Cashflow is king!


    Thanks

    Shane_K
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    • Profile picture of the author The 13th Warrior
      Originally Posted by shane_k View Post


      In real estate we look for `motivated sellers` and the same could be done for websties.

      Obviously no matter what the person tells you about the earnings of the site, you would have to do your due dillegence.

      How to go about making sure the numbers are what the person says they are I wouldn`t really know how to go about that though.

      So I would be interested in learning from an expert.


      I have learned site flipping from Justin Brooke of Sitefling.com and I am going through my first flip right now.

      Maybe he will know something about buying websites with positive cashflow.

      Yeah, this would be an interesting course to have if someone with proven experience would make one.

      The 13 th Warrior
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  • Profile picture of the author tommygadget
    Actually, I bought up around 50 sites from members of a now-defunct vre membership. The members mostly gave up because they were not earning anything and I picked up the sites, some with 15 to 20 original articles for under $50. Now some were total losers (these people just didn't know keyword research at all) and some sporadically sold ebooks and I made the money back by just adding my affiliate id. I could now sell the losers easily for over $150/each because I fixed the problems and the money is starting to come in. Anyway, sometimes a bargain can be found if you are in the right place at the right time.

    TomG.
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    • Profile picture of the author The 13th Warrior
      Originally Posted by tommygadget View Post



      TomG.
      You did like a Real Estate rehabber who knows what to look for.

      If, say , a house is on ground that is laced with some toxic chemical, and it would take 4X what the asking price is of the "fixer upper" to make it livable and up to code.

      You obviously seen something that had potential.

      The 13 th Warrior
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    • Profile picture of the author shane_k
      Originally Posted by tommygadget View Post

      Actually, I bought up around 50 sites from members of a now-defunct vre membership. The members mostly gave up because they were not earning anything and I picked up the sites, some with 15 to 20 original articles for under $50. Now some were total losers (these people just didn't know keyword research at all) and some sporadically sold ebooks and I made the money back by just adding my affiliate id. I could now sell the losers easily for over $150/each because I fixed the problems and the money is starting to come in. Anyway, sometimes a bargain can be found if you are in the right place at the right time.

      TomG.

      Yeah I bet you could find some great deals where the site is on a great niche, but the person who owns the site doesn't know about keywords or SEO or other ways to generate traffic and they are not properly utilizing their asset (their site) so they undervalue it.


      And then you would come in, do your due dillegence, and figure out if you fixed up the keywords, done proper SEO work, and used your skills to generate traffic how would that affect the cashflow, your ROI, and if it is a possible great opportunity.


      This is really peaking my interest now.

      Shane_K
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  • Profile picture of the author Andy Fletcher
    Interesting thread. This is definitely something I've been curious about for a while but haven't seen much info on. I hope more people contribute.
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    • Profile picture of the author The 13th Warrior
      Yeah, more info.

      Just punched this up on search:


      Website Buying Tips and Insider Secrets




      Wish I could change the title on this thread, took out the $$ signs, so when people saw "Reverse SiteFlipping Income", it may lead to more curiosity and contribution.

      The 13 th Warrior
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      • Profile picture of the author shane_k
        Originally Posted by The 13 th Warrior View Post

        Yeah, more info.

        Just punched this up on search:


        Website Buying Tips and Insider Secrets




        Wish I could change the title on this thread, took out the $$ signs, so when people saw "Reverse SiteFlipping Income", it may lead to more curiosity and contribution.

        The 13 th Warrior

        Thanks For the URL. Looks like some good info on there.


        Shane_K
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  • Profile picture of the author Jon Alexander
    bug makes a good point - although there are people who do it as a business - they create sites, let them age for a while, adding unique content automatically, then slap them up on site point etc where they can usually make a nice return on their $10 investment.
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    • Profile picture of the author The 13th Warrior
      Originally Posted by Jon Alexander View Post


      bug makes a good point - although there are people who do it as a business - they create sites, let them age for a while, adding unique content automatically, then slap them up on site point etc where they can usually make a nice return on their $10 investment.
      This makes most site sellers look like oil-slicked hair used car salesman, shady mortagage brokers, MLM hype-ers..., put together products with tape and glue so they last just long enough for you to drive off the lot before they fall apart.

      SiteFlippers integrity/ethics 101 ?

      The 13 th Warrior
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