How to Make Income Flipping Websites

If you think flipping houses was profitable, wait till you hear about flipping websites. What does it mean to flip a website? You ask? Let’s discuss this and why it can potentially be such a lucrative stream of money, especially for those working from home during these pandemic months. We will also discuss the top platforms, Flippa and Empire Flippers, and how buying and selling on these platforms is so beneficial.

What does it mean to flip a website?

The phenomenon of flipping websites is very similar to that of flipping houses. As future blog posts will touch upon often, you can flip any asset of value. The idea is to choose an undervalued website, buy it, improve it, and then sell it at a higher price. The differential between the cost and inflated value of the website will be your profit. The website is your asset that you need to build and grow with plenty of TLC. Here are some tips on what you should focus on while doing so:

Money, Knowledge and Time Constraints

Keep in mind, flipping websites are not as passive as other income ideas on this blog. At the end of the day, this is an investment that is not void of any risk, hence it is important to assess the finances available to you and buy websites that you have a good understanding about. For…