Site Flipping Guru

I have just taken about a month off from Site Flipping over the Xmas/New Year period.  The biggest problem with a site flipping business is that if you do stop making and selling websites then your income stops too.

There is one way to get around this though and although with this method your income will still be less when you’re not creating sites, it won’t stop completely.

The way to have some residual income to keep coming in even when you take a vacation, is to build up a hosting business.  Whenever you sell a website you can offer your customer hosting.  To do this you will need a reseller hosting account which is about $25 a month, more once your business builds up and you have a lot of customers hosting with you.

You need to create a subscription system where your customers can host their new website with you and sign up for hosting and pay you monthly to have their website hosted with you.  It is completely up to you whether you charge $5 a month or $10 a month or somewhere in between.

Once you have more and more customers hosting with you, those monthly payments will gradually increase until you have a nice residual income.

For example, if you charge $10 a month for hosting and you sell 4 websites a week, so that’s 16 websites a month.  Just say half of those sign up to your hosting (you will likely get more than half, I’m just using low figures here), then that is $80 a month that those 8 customers will bring you ($10 each).

The next month you sell 16 more websites and another 8 of those customers sign up to hosting.  Those 8 customers plus the 8 from the previous month – now you are getting $160 a month hosting.

Can you see where this is going?  Every month when you sell more sites and sign up more customers, your monthly hosting income with grow and grow.  The more sites you sell each month the more potential hosting customers you will have.

Then when you do decide to take a couple of weeks off for a vacation, although your site sales will stop for those 2 weeks, your residual hosting income will continue.

To find out more about setting up hosting for your customers grab a copy of Site Biz Academy.

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