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Note: Originally I had planned to release and sell my ebook about website flipping today. However, as I have decided to release it for free. The release date has been postponed for a couple of weeks.

You guys will be happy to know that I have had some success in website flipping. I have so far flipped one domain and made $50 and I have flipped my very first website and made $50 on that also. I am duplicating this strategy at the moment with around 10 different websites with the goal of making $2,000 in the next 45 days. So because of my success I am going to share with you guys the basics of a website flip.

What is a site flip?
Basic question, so basic answer. A site flip is where you buy and create/edit a site for cheap and then you sell it on for more money. This is similar to buying a crappy house, doing it up then reselling it for more money.

How Can I Do a Site Flip?
Basically all you have to do to complete a site flip is to buy a domain name (try www.name.com), then you need to create a website for that domain name (usually around 5-10 articles, maybe a pictures page) and then you make it look good by using wordpress from www.wordpress.org or you can use a template from www.oswd.com (you need to know basic html) and then once you are done you relist the website, sell it for more and pocket the profit.

Tips For Site Flipping
There are a few tips which I want to offer you which I have learnt about site flipping which I believe are important.

• Buy a brandable domain name
  - It works best when you have a 2 word brandable .com domain name
• Write articles that are SEO rich
  - Articles that are search engine optimised will increase the price of your sale
• Get Traffic
  - The mroe traffic to a website = more $$$
• Have a Product
  - A product that people can have full rights to and use to capture people’s information or to sell can really boost your sales price.
• Have a pictures page
  - On some sites a pictures page can be really good, make sure you download the pictures and upload them with keywords in their names and in their alt tag

Where can I sell my website?
You can sell your websites on www.sitepoint.com for a fee (this is what I generally use). It is similar to ebay in that people bid on your website. You can also have a Buy It Now (BIN) price.
You can sell your websites on forums. A great forum to use is http://forums.digitalpoint.com which is free to list (but you need to be a member for 14 days before you start selling things).

How Much Can I Sell Them For?
This varies and truthfully I am still trying to work it out. It shouldn’t be too hard to make an easy $20 per website flip, and then if you have a good product for your website you can sell your website between $100-$500 but I haven’t done this yet.

So hope this helps. If you ever have a success story make sure you let us know