Now, comes the bottom line. How much money are we talking about? It all depends on the volume of your domain name business. The higher the volume, the more likelihood you will make a bigger profit. That’s because each individual domain name that you park or buy is not going to be profit leader. You will have some losers and some big winners. In addition, you will have a lower volume to work with if you are developing the sites instead of just flipping them. That’s because it takes more time, but the profit can be more too. It all depends on what model you are using. Continue reading Domain Name Profit Potential→
Now that you’ve seen from some of the other articles in this series, how easy it is to get a parked page service, it might not be as intimidating to figure out how to develop the site. WhyPark.com can get you started in developing a full site. If you find one of your parked domains is doing a good business, then it might make more sense to keep the domain name and develop the site. There are a number of things that will make a site appreciate in value. They are: Continue reading Develop or Sell Only→
Good domain names aren’t hard to come by. You don’t even have to have a way with words. That’s because you can get domain names by simply understanding what people are searching for on the web. Another great way to determine a good domain name is to find out what other names have sold to give you an idea on similar names that might sell as well. In this chapter, we will discuss where to find names that sell and how to go about creating ones that might be winners for your own portfolio. Continue reading Are Good Domain Names Hard To Find→
While we do want to generate income and not get too emotionally attached to the process of generating domain names, we can still have some fun with the entire process. Maybe you don’t consider yourself hip or trendy, but that doesn’t mean you can’t start to learn the slang of the Internet and figure out ways to combine it into fun domain name terms. Continue reading A Domain Name Business Can Be Fun→
This is a great method that you can apply to tune in the power of networking to the neighbors. When you have a house for sale, you must let everyone in that neighboorhood know. With the technology available today, you can do this in as little as 20 minutes. This method will provide you with two points of contacts and it results in a higher chance of getting your house sold. You marketing budget for this task is around $50 !
No longer do you have to call a Realtor to find out what a house is worth! This method of using a comparable market analysis has begun to see competition from several online technologies.
As technology improves, the tools, we use to find the value of a property get better and better. Finding comps (comparable data) is now as easy as entering your address into a form. Please be aware that many of these services aren’t as accurate as using a professional, but if used together, they can help determine an approximate value range without using a pro.
I am going to share with you today some very simple ways to get the best deals in specific neighborhoods. If you are someone who is just looking to do 3 – 5 deal a year, and do not want to travel far, this report is for you. There is no reason you can’t make an extra 50K – 150K per year working your own backyard. I have worked this technique to cherry pick some of my best deals. Continue reading Market Domination Tactics for Local Area Neighborhoods→
Today we want to cover the processes of putting your business on autopilot. I have laid out the exact steps, roles, responsibilities, time frames and business process for each part of doing a wholesale deal over the internet.
Usually unlisted, these gems are overlooked by the general public. If you’d like to buy real estate investments at 25 to 40 % under market, no competition, many deals to choose from and deal directly with the seller, then this might be the most important list resource you will ever need to do beat the competition in your area to do deals.
I recently had a student ask me about the “no-assign” clause. They wanted to put an an offer on an REO property and they were concerned about how do they get around it. For those of you who don’t know and want to work the fast cash action with REO property strategy, that there is a certain clause that says that you cannot assign the contract. Many times most of the contracts that you will encounter with real estate agent’s or a broker’s contract all have a non-assignability clause. So this is how you get around them. Continue reading How to Assign NON Assignable Contracts→
There are deals in the MLS! It may not sound original, but it may be one method to start making money fast. I know, I know, you don’t want to work with agents, but sometime its absolutely essential. Learn how to get get cash fast with this method.