What is ‘flipping websites’?
You have probably heard of flipping houses. Buy a property that needs some love. Fix it up and sell it for profit. Flipping a blog is the same. You build or buy a website, then grow it, and lastly, flip it for a profit.
It can be very profitable. Some bloggers are earning 5 or 6 figures flipping websites.
For example, you buy a lifestyle blog for $1,000, then, invest your time and effort to grow the blog, then sell it 3 months later for $5,000.
You just flipped a website and you earned $4,000 in the process!
That’s what website flipping is. The great thing about flipping websites is, it’s for anybody.
No specialized skills or education is required. You don’t need to know how to code, you don’t need to know how to blog, or how to write, it’s incredibly easy.
How to Make Money Flipping Websites
Flipping websites is a great form of supplemental income. Because blogging has big swings sometimes, which can impact your income.
Such as, if Pinterest suspends your account by accident or Tailwind goes down, or your website goes down for a few hours unexpectedly, and other outside factors.
For a long time, my blogging income was between $4K and $16K per month.
One month I’d make $4K and the next month $10,000 more and the following month earn $6K less.
I’ve learned to stabilize things now and earn a consistent higher monthly income from blogging which I totally love but, I still have multiple income streams.
The various income streams I employ help me to supplement my blogging income if anything were to happen.
For example, I see bloggers get 90% of their income from YouTube and then get a copyright strike (or multiple strikes) which impacts their income big time.
Or, I see bloggers who get 99% of their traffic from Pinterest. And suddenly Pinterest flags them as spam, taking down their account and all pins!
And regardless of it getting corrected or not (it usually does get fixed, by the way), it can take 7 to 10 days or longer to turn around so all that time, zero traffic and zero income.
So, flipping websites is a great way to help you earn a side income, and to the tune of up to five figures per month, which can be done.
If you want a rewarding work from home gig where you can make the rules and call yourself boss, control your income potential, and more, get into flipping websites.
What’s Required to Start Flipping Websites
Some money is going to be needed to get started. If you decide to build a site from scratch it can be quite a lot cheaper, if you are willing to spend time writing the content for the site yourself. However, if you decide to buy a site it can be more expensive.
Here are a list of some of the costs you may incur when flipping websites:
- Buying a site: Purchase cost
- Building a site: cost of hosting, domain name, and content (if you don’t want to write it yourself).
- Fixing the site: costs of content (optional), plugins (optional), design (optional), photos (optional) etc. All of these things are optional because there are ways of getting all of these things for free.
- Selling a site: there are often costs for selling a website that includes broker fees, commissions, transfer fees, etc.
You will need to have time to work on the website. It’s up to you how much time you want to put into the website whether it be full-time or part-time. Often you’ll find the more time you spend on a site though, the quicker you can build it up.
Just to let you know, you can’t just buy or build a website, get it fixed up, and then expect to see amazing results immediately. It can happen but it’s not the norm. You will have to try and stay patient as traffic starts to build up and the sales start coming in, etc. To be honest, though, there’s no set amount of time that you have to wait before you flip a site. If you want to do it in a week, you can.
Learn more about how to flip a website for profit in this step-by-step Blog Flipping course.