- How do you think it went?
- Was it a good purchase?
- Would you have bought it yourself from that auction?
- Why did I buy it and how did I do my due diligence on it?
- What did I do after buying?
- What are my plans for it next?
Probably the most frustrating part of this business that every webmaster faces. Most of my sites are down currently, as my hosting company IceBlueHost is having some issues with their datacenter. They’ve been down for about half a day now and there is not much I can really do, except wait..
We are sorry to report that currently all servers in Germany are unreachable.
We are doing our utmost to resolve this issue as soon as possible.
Hopefully this gets resolved soon. This is especially awkward since I just started two auctions on flippa for small revenue sites and had to explain the potential buyers why the sites are down.. Luckily, at least this blog is hosted on a different server.
How frequently do you face similar hosting problems?
A new segment was launched on Flippa recently – Starter Sites. Following the popularity of newly created websites on their marketplace Flippa decided to better capitalize on it, by creating a whole new area for them.
In my opinion it’s a good way for new site investors to get their feet wet and enter “the game” with minimal costs.. but also minimal gains, as 99% of those sites are never going to make any revenue or pay for themselves. However the buyers could get the required experience and get a feel for how it works, so they can move on to bigger and better purchases next. And, who knows, some of these sites might even make a few bucks on adsense, over the years. read more »
Most of my best acquisitions actually came from contacts in the industry. Webmasters who had quality websites and wanted to sell them knew that I as buying websites and turned to me for a quick hustle free transaction. I get a good deal and they get to bypass the exhilarating, and rather frustrating process of selling a website.
The next best place for me was through webmaster forums, like DigitalPoint and dozens of others. As there are many buyers and sellers on those forums it’s frequently the easiest way to sell or buy a website, especially for smaller websites.
And, finally, flippa. As it’s a fairly big marketplace I frequently find good deals and quality websites to buy there. Sometimes you have to sort through the rubble to find the real gems.
I receive many questions about this every week, and many people want to learn how to flip websites for profit. While most of my deals are private, and I don’t post details publicly to protect the buyers and sellers I deal with, in this posts I’ll share all the info about one site that I bought and sold on flippa recently.
Managing over 100 sites can be quite complicated, so I tend to only check up on the bigger ones. As most of my sites don’t require much maintenance some go for months or even years without updates. This used to create problems in the past when I’d have some errors on sites or if they went offline and stayed like that for days and even months until noticed and fixed, which naturally caused significant financial losses.
So I finally got around to it, did some research read more »
Unfortunately they are not as rare on flippa as you might think. I stumbled upon this auction recently and right away some things seemed very strange about it right away.
Upon further investigation you can easily discover that:
The domain was registered only a month ago, yet the site already makes thousands of dollars per month in amazon
All social accounts have fake followers: read more »