Flipping Websites

During the 1990's and early 2000's there was a huge rage on about flipping houses. There were write ups in magazines, websites devoted to the theme and even TV shows both in the US and Europe and even Australia. That was then and this is now.

Then came the housing bubble and realestate sales came to a grinding halt. You can't seem to give a house away even. Now just recently of course the banking crisis and wall street crash have left lots of people dazed and wondering what to do next.

Well one thing that is getting noticed right now is websites. Flipping web property is BIG business. Almost anyone can do it. If you have an eye for detail or imagination this could be your lucky ticket to make money at home.

Every day hundreds of websites and domains are selling on various web auction sites. One of the largest web auction sites called FLIPPA.COM has sold millions of dollars worth of web sites. In fact in March of 2010 they sold the web site ReTweet.com for are grand total of $250,000. Need proof? Click here and read all about it.

So why is this happening? Simple! You see investors with money need to invest in something. You can't put your money in the bank. They pay what? Maybe 1% if your lucky. You can't trust the stock market, real-estate is no good, so what else is there that can make you money? Websites! Websites can make a lot of money.

So now you maybe thinking, "Well, $250,000 is a lot of money for a website" And if you read the details, this is a site that makes $ZERO per month. That's like buying a house for $250,000 and renting it out for $FREE every month month. But you see, there is potential to get on board the Twitter craze.

Now, someone had to make that site. It could have been me or even you, but someone made that site. And you know how much it costs to make a website? If you learn you can have a website just like the one your on right now for around $100 bucks a year. So you see it doesn't cost a lot of money to get started.

Buying Used Websites

When buying a used website we use the same mentality as buying a use house. How much work is needed to turn it around? What cosmetics need to be done? What is it's location as in alexa rank. How about a page rank? How many hits a month? How long has the site been on the net? The longer the better! What you are really looking for is a web site that has been around for say 2-3 years, gets some hits each month, has back links from other sites but looks terrible. Try to see what others don't see. What you are going to do is a complete makeover of the site.

If the topic is good just keep the same contents. You may want to change out the menu bar or visual aspects of the site. Tidy up the wording and then look at adding choice key words into each page. Add some google ads for added revenue and then try to promote the site the best you can. Be sure to ad google analytics. This is a must along with a .txt site map.

Watch the page rank and your alexa rank over say 5-6 months. Try to increase your traffic and be able to show that your are getting traffic and some revenue. Then, you can re-sell the site.