Flipping a website is not unlike flipping real estate.
You buy a piece of underperforming piece of digital property, improve its value, and resell it at a profit.
The business has low barriers to entry and requires minimal investment.
And the rewards of a job well done and a lucrative payday can make its challenges worthwhile.
This guide covers everything you need to know to successfully flip websites.
The Easy Parts of Starting a Website Flipping Business
One of the most attractive things about website flipping is the simple business model. Theoretically, you buy a website, improve it, and then sell it for a profit. The business model is so simple that you have a decent shot at creating a successful business with little or no entrepreneurship experience.
Also, the website flipping business has a low capital investment. You only need a couple of dollars to get started if you’re building websites from scratch. You can also snatch existing websites with good profit potential for a few hundred dollars. Considering that there are virtually no overheads, this business has some of the lowest barriers to entry from a capital investment perspective.
Selling your newly improved website is equally easy. There are marketplaces specifically for flipping … Read More