Flip A Website For Cash

I’ve just read a blog entry about flipping websites for cash.

If you’ve never heard the term it simply means creating (or in some cases buying) a domain name and then adding content to it, generating some traffic and monetizing it.

Once you start making some money off the site on a consistent basis it becomes more attractive to others and you can sell it on at a profit. The kind of profit you make will depend on the niche of the site, the amount of traffic and the current revenue, but for a simple site making a dollar or so a say with Adsense the going rate might be around $200-$400.

Not a bad rate of return if you consider the domain costs under $10 to register (usually) and hosting can be as little as $5 a month.

It’ll never make you rich to flip a single website, but since it doesn’t take long, so it’s claimed, to make such a website, you can do this many times over. In fact, if you set up a single website every day you could be selling 30 of them a month. If you make just $200 off each that’s $6,000 a month. That’s a full time income for most people. For some people it’s two full time incomes.

Some of the sites might make more, of course, in which case your potential earnings could be much higher. And some of the sites might generate enough revenue in Adsense to make you keep them.

But can you really make a website in a day? You need to buy the domain, set up the hosting, research and create some content, drive traffic to it, set up social networking. Can you really do all that in a day?

That’s what I’m going to find out with a live case study. Over the course of the next few weeks I’m going to see just how much work is really involved in flipping a website for cash. And I’m going to see if there are any tools that can help you do it all faster and easier.

I’ll report the results right here.

Tags: adsense, flipwebsites, sell websites for cash, content creation, driving traffic, social networking