How to Flip a Website
Written by Scott on Saturday, June 23rd, 2007Was talking geek to a web buddy of mine last night and we were discussing new trends in the market and brainstorming on ways to make money online.
He mentioned ‘flipping websites’ and since I had never heard of that, I asked what he meant.
So basically, here’s the process, which is similar to flipping a house:
1. Identify a website to purchase.
2. Evaluate, negotiate and finalize the purchase.
3. Increase the value of the site.
4. Find someone to buy the site from you and sell that sucker.