Website Flipping & Profitable Domain Name Speculation - Flipping Domain names For Profit
PART ONE - BUYING AND SELLING DOMAIN NAMES
Anything that has the word 'speculation' in it can be a bit scary.
We associate the word with people taking crazy chances and losing all their money. It's true, most have warnings saying that the value of what you buy can go down as well as up. So when I mention domain name speculation you will either think of people buying domain names for crazy amounts of money then losing their shirts, or others buying domain names really cheaply then making a killing buy selling a well known name to a big conglomerate.
We're not talking about 'cyber-squatting' here where you buy a domain only to try to blackmail someone into paying you a high ransom for it. Big companies with protected trademarks can easily make you get down on your knees and hand trademarked names for nothing! Well, these are both extreme views, just like other forms of speculation if you learn the right tricks and techniques and don't try to 'reinvent the wheel' you have just as much as the next person to make some good money.
Of course, to achieve this you have to do some homework, you don't just want to run up to the table and throw away all your money on one bet! The most successful speculators study the markets, plan carefully and don't expose themselves to unnecessary risks. They put together a balanced portfolio based on various markets and risks associated with them.
With domain name speculation you can do the same, for example don't choose domain names associated with just one market or niche, ie travel agents and hotels, garages and car sales. If you study the markets you can build up a nice portfolio based on a cross-section of markets. Decide what kind of domains to buy, for example.com.org.info etc Sometimes a domain name with a hyphens can be good, a keyword rather than a company name etc.
Also timing is another factor to take into account, if you find what you think is a good name, it may well be that a new version is coming out soon like.mobi so perhaps that's a good time to sell them on and put your money into some new names rather than keep hanging on for the 'big one' Don't just rely on the information provided by the seller, if you take the time it's really easy to gather convert information that isn't really obvious when you come across a domain that looks 'too good to be true'
So don't get carried away before you do your homework, be level-headed about your speculation and don't rush into a deal. There are some good places to do your research and homework as well as auction sites to buy and sell. Domain name speculation can be very rewarding and profitable, done the right way, it can be a long-term business through all types of economic situations too as long as you don't see it as making a 'quick buck' Although there are many people investing in this area, it's nowhere near as competitive as other ares of speculation and if you take the time to educate yourself with the right knowledge and use the correct tools, this could be a serious long-term business for you. Happy speculation for the future!
PART TWO - WEBSITE FLIPPING
Swipe my personal strategies to cash in on big paydays by flipping any website I have at my disposal, for 10-12 times the price of my monthly income from these sites!
I don't consider myself an 'expert' or highly intelligent - and this is exactly why you should listen to me: if someone like me can pull this off, I have reason to believe ANYONE else can too! (that includes YOU!)
You don't necessarily need to have websites right now to start using this guide. I will also teach you how to build sites from scratch, in the fastest time possible, and flip these new sites for big profits.
The Flipping Code is broken down into 5 easy-to-follow videos, teaching you how to build and sell websites and see big paydays!