Site flipping is a way of earning money by buying domains, creating a weblog and selling the result. But to make a decent income, you need to be working on a few websites at a time. How could you handle that?
If you are weblog flipping, then you may be trying to turn more than the blogs quite quickly, or you might prefer to really establish them and sell them further down the line for a bigger amount. But either way, the income is not going to be that fabulous if you are only working at flipping one or two websites at a time. So, how do you handle numerous websites at once?
The first steps might be to invest in reseller hosting space. Take a look at how much your hosting is going to price if you continue with it for 10 or 20 blogs and decide if a reseller account, with unlimited websites, can save you money.
Subsequently, obtain your domain urls and install WordPress. But think, what domain names are you going to acquire? If you acquire 20 totally varying URLs then you are spreading your work across different niches and when you come to sell them, you are not saturating any one area of the market. Conversely, if you acquire 20 Domain names on the same theme, then though there is not the variation when you come to sell, there are advantages when it comes to writing.
My suggestion is, therefore, to buy in groups. By 4 sets of 5 urls along the same theme. Now, start writing or purchase in some articles (do not use PLR articles!). At the same time, invest in an article spinner. The one I use is available for a one off payment of $47. Use this to create unique versions of each of the articles, so you write one article, publish that to one weblog and then spin 4 more articles for the other 4 websites. Suddenly, maintaining 10 or 20 blogs and posting to each one 3 times a week is not all that difficult!
Now, all that you need to do is to start driving visitors to the sites. You might work on them all evenly, or you may prefer to give preference to 1 website of each group. By favouring some websites these will become ready for sale ahead of the rest of the group. You then put them up for sale and when they sell, but another domain name to replace that blog within the group it was sold from.
Of course, site flipping isn't just about the sale at the end. Ideally you could make an income along the way and this might also be a selling point. If the website is currently earning $100 per week without you buying traffic, there are going to be more takers than if it is earning nothing. So make sure that you add in Google Adsense and any appropriate affiliate schemes and keep a monthly record of all incomes. You could even take part in sponsored posting once the blog is old enough and again, keep records of these earnings. You might find that whoever buys it is interested in such avenues and evidence of current success will be a benefit.
Author Resource:
Keith Lunt owns My Home Working , where you can learn a lot more work at home ideas .