Site Flipping Guru

With Site Flipping, there are basically 2 options.

Option 1:  Buy cheap websites, fix them up and then sell them for a profit.

Option 2:  Create new websites from scratch and then sell them for a profit.

So if you decided to choose option 1 and buy cheap websites to fix up, where would you go to buy those cheap websites.

Well, I have found the best 2 places for buying cheap websites to renovate are Ebay and Digital Point forum.  However, with both of these sites there are some sites that sell for good prices also, so to get a good deal you really do need to search to find those hidden gems.

Firstly, you need to look for sites that are selling cheap.  You need to keep in mind any fees that you are going to pay out along the way including the fees you will pay to relist the site for sale when the time comes to sell it.  Together with those fees and the asking price of the website, you need to ask yourself will you be able to change the website enough that it will make you a profit.

Secondly, you need to consider the time that you will need to spend on that website to fix it up.  It may need a complete makeover with a whole new look or it may just need some good unique content added to it.  It might already be a great website that just needs some article marketing or backlink building to build it up and bit and start making some money with it.

That brings me to the third point – do you intend to just do a quick fix up and sell it or do you intend to promote the site and have it earning money before going ahead and selling it.  If you can get the site earning an income then you will be able to sell the site for a much higher price.

I guess it all depends on what aspects of the process you are good and and which one’s you would rather not do.  Some site flippers will just fix up the site and make it look better and then sell it off, while others who are quite happy to put in the time to promote the site, will hang onto it a bit longer and make money from it before selling it.

Either option is good and it really is just a matter of personal choice as to what you want to do for your business.  The quick and easy fix up can still make money as long as you really do search for a good deal when buying your website to fix up.  You don’t want to fix a website up and not be able to make a profit from it, so you really do need to consider all the costs involved and how much time and effort you want to spend working on the site.

Choose wisely and good luck with your site flipping business

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