Working On My First Site Flip
Depending on the blogs that you read, you might already know that blog flipping is becoming more and more popular as a means of earning “easy” money online. A few months ago, I showed you how to make $50+ a day by flipping domains. I’ve sold domains quite a few domains for $30-$80 each, which is a great ROI from the original purchase of $7-$8. Now, I’m going to try out site flipping.
I’m not really going to go over how to do it step by step since there are already a few great blog posts out there on how to do it. Here’s one from TheNetFool, The University Kid, and SiteFlip U. I’d recommend you check out Site Flip U because the whole blog is about site-flipping. Oh, and guess who the blogger is behind the site? Bryan Clark… yup, the same guy who brought you One Man’s Goal (and sold it for $8,500 within a few months). Anway, here’s the main idea of site-flipping:
- Buy a domain to make a site, or buy a pre-existing website
- Get a bit traffic to the site
- Sell and make money!
It’s actually a bit more complicated than that. Again, it all depends on the site you make and how you make it.
Anyway, I’m already working on my first blog-flip project that I’ll be planning to sell in the next few days (maybe weeks). I’ll post updates once in a while, and I’ll post up the results of how much I’ve made. For this project, I’m looking to get around $200+ for the site. I won’t be telling you what the domain and site is yet, so make sure you subscribe to keep up on my progress.
For those of you who have already done site-flipping, how did your first sale go? Did you make more than you expected or less? Tell your story in the comments below because I’d love to hear it. I’m pretty exited with my first project.
