How to Make Passive Income Buying Established Websites

I’ve written in the past how flipping websites can be a lucrative investment. However, there are plenty of websites worthy of keeping indefinitely and enjoying the income they provide with minimal effort or time. In addition, I’ve known many investors who created a diversified portfolio of income producing websites. This is not much different than owning income-producing houses. If you have some basic tech skills and are willing to learn how to manage, retain, upgrade, design, and evaluate websites, then you too can earn serious money this way.

How Can You Start?

Acquiring a website for the sole purpose of earning cash flow is one of the smartest things you can do in this day and age. At the time of this writing, investing in websites feels more prudent than ever given the crumbling economy and 10% unemployment rate. The goal is to treat it like a form of digital real estate. For instance, you can make small sets of improvements to your site over time to increase its appreciation. In the mean time, you monetize it (or don’t) and make income.

Traditionally, an entrepreneur might want to make a website from scratch. But that can be difficult- and often depends on a lot of luck given how timing is extremely important when you consider the fickle markets and tastes of the public. Sure, there…