D_Blackwell - 9:17 pm on Aug 26, 2009 (gmt 0)

I agree that with more detail, this thread could get really interesting. My biggest question would be, "Why flip?" If the site is built out, ready to make money - I'd have to get a lot to cover my investment (especially time), plus a nice premium based on projected upside potential.

How do you build fora quickly and effectively enough to be worthwhile? Sites that have fora that get minimal action start looking bad in a hurry. Embarrassing. I'm a fan of fora and blogs, but they require a lot of work to get going and also to sustain. Not kind to me in return for the most part; but not my specialty.

I agree with wyweb. My smallest sites are the most highly targeted and do the best overall. They may not 'rake it in', but return consistent revenues with minimal attention and are foundation for everything.

If I've built a site that is ready to make money, I can't justify selling it. I'd be happy to build and flip, but have rarely come across opportunities to sell that come even close to being as good a deal as keeping.

I do go the other way. I like to buy 'junk' sites. Crummy hobby sites that look awful, need complete rebuilds.....situations where the owner isn't really into it anymore. These sites just need some TLC and have great potential. I make fair offers, but it is amazing how many sites that haven't been touched in aeons are suddenly given Google valuations. I'm usually willing to counter-offer, but only because I've built in that this is what people do. My price is fixed before the initial offer. If they jerk me around, I walk. If they come back later, I have to really want that site as entry into the niche; having more projects than time. Surprising how many people look at their old, abandoned sites as though they are retirement funds, not to be touched. Some are - most just rot.