I have recently gotten many questions on the best way to buy and flip domain names and websites. This is a great question and there are many people out there making money flipping domains and websites. In fact, I know several that make enough money that they do this for a living.
There are a lot of so called Gurus that say you will make cash instantly and make millions off flipping domains and sites. The reality is that you can make good money off flipping domains and sites BUT you have to work at it.
Making money online takes dedication, hard work, and some luck. I know because I have been doing this for many years and it takes time to figure things out. I am going to do you a favor and tell you that you can make a couple hundred bucks off flipping domains and websites if you do part time.
You will realize that to sell a domain or website to make thousands of dollars, the domain or site needs to have tons or traffic, good revenue, backlinks, seo optimization, PR ranking, customer base, etc.
Most people willing to spend thousands on a site are going to be pretty savvy and will make sure most the factors I discussed above apply. Now it is possible to pick up a cheap expired domain name and put a quality PLR product on it and turn around and sell it between $50-$200.00.
I would encourage you to give it a try because only then will you understand what it takes to post an auction, the cost, and interacting with interested buyers.
I actively buy and sell sites and domain names and like the challenge and reward. You will have to figure it you like the selling part. If nothing else, you can pickup some real great deals with full product sites and some with tons of traffic depending on what you want to spend.
You can see an example of one of my Flippa auctions at the link below.
https://flippa.com/2661847-domain-flipping-biz-includes-over-320-domains-and-6-sites-and-more
To investigate flipping domains and sites more, check out these sites:
1. Flippa
2. Sitepoint
3. Fliphut



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