Start flipping domains:
Flipping domains is similar to what people do in the real estate business.
First, you would buy a cheap domain for $9 or $10.
If you get a good domain, you can flip it at a site like DNForum or Flippa.
Some people will be ready to pay a big price if the domain name is apt and keyword
rich for their niche (For example: Business.com fetched $7.5 million in 1999).
Though there aren’t as many domains available as there used to be, but great ones
still exist. A lot of times people may not have thought of certain domain names
themselves, but when they see them elsewhere they realize how valuable they are.
In order for you to make money by buying and selling domains, here are some
steps you can take:
You can buy domain names from any of the domain sellers. My personal
favorite is Namecheap (they make it very easy to send domains to other
people).
Make sure that the domains you buy are either keyword rich or otherwise very
enticing.
Advertise your domain name for sale in forums like
http://www.namepros.com/, http://www.dnforum.com/, etc.
How much money can I make out of flipping?
Your profit can range anything between few dollars to hundreds or thousands
of dollars, depending on the domain name you bought and the demand for it.
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