The idea of “flipping” has been around forever. Everyone has heard of someone doing up a house to sell it later at a higher price, but hardly anyone would have heard of website flipping.
The concept is largely the same. Website flipping is an art. You buy a website, improve it, and then sell it.
Successful Website Flipping Requirements – Top Traits.
First off, to be successful website flipping you need to have money to invest. It’s the same with any investment, you must have the capital first.
You also need to have a sure-fire way of identifying websites you can improve. If you know web design or are a great writer, this could be very helpful. At the least, you need to have common sense and the ability to see weak spots that can be improved.
If you are a person who has at least some money to use, and can spot an opportunity, then you’re qualified.
What’s Required When You Flip a Website?
There are four basic phases of website flipping.
This is when you find a website that looks like it could be a good buy for you. Can you add value to it? Can you make a profit from doing it up and selling it?
You’ve found the ideal website and you go ahead with the purchase. You want to make a profit on this, so what you pay should be LESS than what you sell it for.
Now here’s the work. You get to work and do what you planned to do to make the website great. Add value to it, and make sure that your work will end in more profit later.
Now’s the time to sell the website. You need to prove to potential buyers of the value of your website and create a sense of urgency for them to buy.
And that’s how you make money website flipping.
If Website Flipping sounds like a good business idea for you, here are the book(s) which might help you get started.
- Make Money Flipping Websites: Discover How To Get Rich Flipping Websites by King Passive
- The Secrets of Expired Domain Names and Website Flipping: Work at home with 30+ ways to generate PASSIVE INCOME! by Ryan S Andes
- Insider Secrets To Flipping Websites For Big Pay Days by Brian A. Cliette, James Taylor