The truth is that you require at least one year’s time to get around only the basics of the domain flipping business, leave alone making huge money from it. During this time, you’ll make several mistakes, buy useless domain names, lose out prospective deals and much more. Domain flipping is far from any get rich quick method. If overnight results are what you’re after, domain investing may not be your piece of cake. This business involves a real and steep learning curve which many people find difficult to climb.
I have one domain name which I never used it and it has .com and I later discovered there is another company with similar name but with .net and they are doing good as once they approached me to sell them my .com which I never did as I had plan to start something which didn’t materialize . its been 11 years now I have maintained the name now I have two options.
Adam Strong Ali Zandi Ammar Kubba Andrew Allemann Andrew Rosener buy domains cybersquatting domain name investing domain name parking domain name review domain name sales domain name valuation Efty.com EMD Escrow.com Estibot.com exact match domain Founders Frank Schilling GAKT geo-domains Giuseppe Graziano Go Daddy GoDaddy.com Google ICANN lead generation Michael Berkens Michael Cyger Moniker NameJet.com NamesCon.com negotiation new gTLDs Page Howe registrar Ron Jackson Sedo Sedo.com sell domains seo Shane Cultra trademark UDRP valuation
That said, my recommended budget for beginners would be $500+. Using this budget you could buy a bunch of high-potential $10 domain names, expired/dropped domain names or a mix of both. It’s very important to invest only what you can afford to lose and treat this as a side hustle till you get the momentum going. As you gain experience, industry expertise and some sales under your belt, you can then consider slowly growing your business into a full-time gig.
×