Domain Flipping Salary
However money flipping strategies with retail arbitrage website domain names or real estate may just make you that extra income you re hoping for.
Domain flipping salary. You can literally make five to six figures in a couple of months off one domain name. But a great side hustle that can be relatively easy and fetch you full time income is flipping domain names. You also can use your social media following or become one of the 16 3 million americans who invest in cryptocurrency such as bitcoin ethereum and others to make money.
Unless you have a time machine you re not going to replicate the success of someone like glenn stokes. There are domain investors that make very good money with smaller say sub 500 names portfolios because they have a higher average sale price. Learn how to flip domain names properly and make a profit in your spare time.
There are many stories of domains that were bought for a few dollars and then sold several months or years later for millions. Generally a good rule of thumb is that you should make a 20 percent or higher roi on each house flip. According to godaddy these are some of the most expensive domain names ever sold.
On the flip side there are domain investors with larger portfolios that lose money some years. Buying and selling domain names commonly referred to as domain flipping is a great way of making money online. The glory days of domain flipping seem to be long gone.
As far as flipping domains for a profit is concerned there are certain domain names that are worth a lot of money. Domain flipping is very lucrative earning you up to 100k per year. And the return percentage you can get for your investment can be over well over 500.