I Want To Flip Domains

[Proximity]

I want to learn how to flip domain names for profit. Anyone know where I should start or have any good tips? I wonder if you need a good amount of money to get started since just about every good .com is gone

[LinkBuildingBible]

You need a good amount of luck.... I have successfully flipped a domain for 7x what i paid for it... (I paid $7, and got $50)...

I bought retardedporn.com based on a joke i had with a friend... i then realized unless i had real retarded people porn on there, it wouldnt sell, and i wouldnt wanna own a porn site anyway. So, i searched for retarded porn, found a comedian who does a bit on it, and offered to sell it to him....

The best thing to do, is the buy a domain, monetize it, get some steady traffic to it, and then flip the site and domain, not just the domain and you can make a lot more,

[goodgames]

Flipping domains is really hard. There are so many people of there that are holding thousands of domains. As in the above example a good flip involves getting lucky and making $43

[Big_0n3]

he is hard but when you flip a good domain you can earn very good money from salling it

[sr106]

yes, it is hard, but best way to make money, i like it...

[abiji]

If you can get some good traffic to a domain and can get a PR for a domain you can easily sell the domain. Sometimes you dont even have to do that if u own a 3 letter domain.

All you have to do is look out for a customer who is willing to pay.

[oblivion19]

Flipping domains is not everyone's cup of tea. You can incur a small dent in your pocket if you make your decisions based on misconstrued beliefs.

I have seen plenty of people who belief they have found the secret to flipping domains and rush off to buy a huge number of domains. The result? These domains just sit in their portfolio and expire without a buyer. Utter and complete loss of money.

You have heard the saying before; half knowledge is a dangerous thing. In order to foray in to the world of website flipping, one needs to understand its subtle indications of the web market.

You need to acquaint yourself with the current happenings in the market. Go to web forums such as Digital Point or Site point and study the market. Make a note on the prices domains are getting flipped for and why. Once you start understanding why an ordinary sounding domain (to a normal person) sold for $XXX, you are right on your way.

Of course, the first domain for most of the people is a decision they laugh at in the future but they know it was well worth what they have gained now.

One piece of important advise I would really like to emphasize is that whenever you get started in this domain business, do not invest a large chunk of money in one go.

Get a single domain, get an opinion from the gurus what's it worth? See whether you are on the right track and then proceed to buy the next domain. Repeat this step for every domain you buy until you become confident of your abilities.

Best of luck