There’s one thing about any business that is always a pain in the butt… you have to wait to see the fruits of your labor. Whether it’s affiliate marketing, product creation, building a list, stock trading, it’s all a matter of time, patience and persistence in order to build up a nice pay check each week for yourself. That’s just the way it goes really, it’s all about momentum.

Check out our review of Site Rush at our Reviews page.

But what if you could pocket a few months, or even an entire year’s worth of profits from your efforts in as little as a few weeks or a month? It’s not impossible at all. Many people just don’t “get” website flipping, but we do. This is the reason why:

You can work your socks off for a couple of months and slowly start seeing a trickle of affiliate earnings or other commissions or you could work your socks off (or pay someone) to create a site that earns a little cash, gets a little traffic and then FLIP that sucker for all it’s worth, which is usually at least a few months of revenue, sometimes longer.

So in other words, if you had a site that was earning $150 per month, you could realistically sell that site for $500-1800 to an investor without a problem. It’s basic business sense on both sides. Your buyer gets a residual income stream (which they can increase themselves) and you get an upfront paycheck. Some people would say “why don’t you just hold onto that site?”, and I would say…

“Why, when I can get over a $1000 right now, and reinvest in ANOTHER site and do the same”.

Think about it, you’re not doing this just to make one payment, you’re doing it so you can leverage each sale until your playing right up top with the big guns (if you want to!). Look at it like this:

Site flipping is definitely a lucrative business model and is possibly one of the safest ways to invest your money because it is so controllable and flexible. Unlike the stock market that can jump around from minute to minute and the housing market than is either too expensive or completely bottomed out (like it is today in 2008), website investing is a marketplace that is much more stable and full of rabid buyers.

But whilst many talk about finding a website for sale and actually buying it, what many don’t mention is the work that is required in actually adding value to the site. After all, if you can’t add value, there is little chance you’ll turn a profit.

So let’s look at some of the first key areas you need to focus your time (or a freelancer’s time) on.

1. Improve Existing Revenue

If you’ve bought a site that is already making money, you’re in a better position from the start. Take a look at what is actually generating the revenue and replace that with higher paying ads or even your own direct affiliate links or your own products for higher profit margins. If your site is not making any money at the time of purchase, it’s time to test a few ad placements and affiliate links for related products or services.

So you want to become rich buying and selling websites huh? Well, it has to be said that one of the most accessible ways to do so is by the recent craze and phenomenon known as “site flipping“.

Website flipping is a buzz term for short term investing in websites. The real beauty is that unlike physical real estate, you can pick up established and profitable websites for less than a pair of trainers and turn them into residual money makers in no time at all. Then, if you get bored of babysitting that site, you can hand the keys on to a new owner and walk away with a huge lump sum of cash in the process. Welcome to site flipping, now let’s look at one of the most important parts of the entire process…

Let’s assume you have a website that you’ve found which is making a little money. You bought the site, built up the daily visitor count and even added some high priced products or high paying ads to it (all of which is explained later on in this article).

However, you’re only half way there and if you screw up with the actual selling of the site, you could stand to lose not only time but a lot of money too.