I Made $100,000 Flipping Websites
Website flipping was something I stumbled onto several years back. I was looking to exit my business that helped me quit my 9-to-5 job and move into a new industry.
The thought dawned on me to sell the site instead of just closing it down, so I did!
The process took about 2–3 months, it was stressful and nerve-wrecking but it worked and I sold my site!
From there, I started my first blog and less than a year later, flipped that site for profit and continued the process.
How to flip websites?
It’s easier than you think and no, it doesn’t require coding.
You start by buying or building a website.
Buying a site is less work but more expensive. Building a site is more work but cheaper.
Examples:
Buy a site for $1,000, make it more valuable and flip it 2 months later for $5,000.
Build a site for $50, make it more valuable and flip it 3 months later for $1,000.
What’s great about flipping is that you don’t need a team to run the business, it’s flexible so you can do it full-time or part-time and the income potential is limitless.
Some of my website flip successes…
Here are some of the sites I’ve flipped:
Site 2 sold for $12,000
- Work from home/money/finance blog
- 9 months old
Site 4 sold for $8,000
- Money blog
- Under 3 months old
Site 6 sold for $3,600
- Personal finance blog
- Around 6 months old
I’ve flipped dozens of websites including blogs and e-commerce stores.
Are there sites that don’t sell?
Sure, not immediately but, eventually you will likely find a buyer.
Where to flip websites?
You can sell your websites online in marketplaces like Flippa, auction sites like eBay, social media like Facebook groups and other places.
I’ve made the most money selling through Empire Flippers and I’ve made the most sales selling on Flippa but, I’ve sold on social media as well.
How much time is required to build and flip websites?
You can build a website in less than an hour and flip it at any point in time whether it’s 3 weeks old or 3 years old.
Generally, the longer you hold onto the site, the more time you’ll have to boost its value and the more money you can make on the sale but, holding it for a shorter period of time can have its benefits too, like spending less time on each site and focusing on volume selling.
For example, you could work on 2 sites for one year each and sell each site for $5,000.
$5,000 x 2 sites = $10,000
Or, you can work on 120 sites (10 sites per month) for one year total and sell each site for $300.
$300 x 120 sites = $36,000
Or, do both!
I usually have a mix of both, shorter-term and longer-term sites in my portfolio.
In this business, you’ll make the rules and you can decide what path you want to take.
What budget is required to flip websites?
This is one of the most cost-effective businesses to start.
Your upfront cost will be the cost of building your website which includes hosting fees and domain (under $50) and the cost of the listing the website for sale on a marketplace site like Flippa ($15).
So for under $100 you can start a business like this.
Here’s a snapshot to show how one of my students is doing…
Those are her stats from Flippa. She’s been doing this for less than a year and does it on the side.
If you’d like to learn more, read these:
Would you try website flipping as a side hustle?
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