What is website flipping?

I see this question posted in many forums so I would like to take this opportunity to answer this question for many of you.

Website Flipping is the process of purchasing a website, updating/improving/devolping or adding value to the website and then selling the website for a profit.

The term flipping has been borrowed from the real estate market where "house flipping" is a well known industry. In fact the processes behind each are almost identical but as far as popularity and awareness goes website flipping is well behind.

So why am I so excited about the industry?

Im not sure whether my writing style reflects my enthusiasm for the industry and if it hasnt let me tell you I am well and truely hitched onto the bandwagon. Website flipping is such an exciting industry for many reasons including:

- Incredibly low capital needed (in comparison with other investments)
- Unbelievable amount of growth possible (how many websites are there?)
- Low risk as any good purchase will at worst hold its value
- High growth currently
- Create revenue whilst "flipping"

So stick around, bookmark this forum and ask lots of questions because IMO this is one of the best online industries around and now is a great time to enter the market.

For more infomation on website flipping as well as lots of great hints & tips check out my website flipping blog at
http://www.buyestablishedwebsites.com/website_flipping_blog/

wow thanks a lot - I've looking for this information for ages.

Thanks for that. Whilst I spend more time building websites for myself and clients this idea does appeal to me. And I am grateful for the info:better than the latest guru to come through my city charging a gazillion bucks for the same info

Regards,

KJ

This makes sense. No doubt this is an interesting and workable idea.

Thank you for the help i might give it a go.

How does the development strategies are involved in this kind of a process? How does it shape up? Any elaboration would be great.

This post has been edited by LeadinBiz: Nov 20 2008, 12:49 PM

hmmm interesting... might give this a shot

Is this something any computer savvy person can do? I don't know how to design websites, but this concept sure makes me want to learn. I just want to know about how much time it would take to learn how to really do this.

Another profit center option ~ Thank for sharing!

sounds like fun

I have done this, The quality of websites that actually sell cost around 50 bucks to make. Unless you cerate you're own content + designe then you're laughing.

Usually sites liek that which are brand new sell for 150+ a quick easy profit if your looking for something different.

sitepoint.com is a great marketplace for that aswell

This is great as i am about going into flipping sites hope 2 learn a lot real soon.

Cool.

Unfortunately, I don't have the money to buy websites at the moment. Once, I get my pay from PTCs, I'll give it a try.

thanks

Ok. This is something new to me. Hope that anyone can some decent money from it.