Today’s post is a short one but I wanted to ask my readers’ advice. So I have been getting the buying bug lately to own some digital property. I really would like to diversify my income and I think having another website would help do that. I am trying to figure out the whole buying process as well as I would rather buy a website that has already been established somewhat. The best place I know to do this at is by using a website called Flippa. I have seen a lot of other bloggers use this website to purchase other sites and it seems to work for them.
I am distrustful of buying a site that says its already generating income. I guess I have a paranoid tendency to not believe everything I hear on the internet especially when someone is trying to sell something to me. Some of these sites are really cheap, though. It seems like it would be a shame not to participate. I mean if I could get a site that cost me $300 to start off with and is already earning $100 a month, then I would already be making a profit after 3 months.
I am curious to know if any other blogger has any information regarding this? Have you purchased a website thru Flippa? If so, how did it go? Were you able to get what you paid for? I have heard of a lot of bloggers buying or creating “niche” sites as well. Its def. something I am interested in but I need to find out more information on it.