It’s been a while since I posted, it feels like I’ve achieved nothing in the last few weeks, I really expected to have a few sites bought by now.
Been searching through hundreds of sites sending emails to site owners but getting very little response, I have agreed one site purchase but the owner seems wary and I get the feeling he feels I am scamming him trying to get his bank details to send him money to buy his site (he is in the US), been working on that deal for 2 weeks now and if it comes off it will take a few more weeks I reckon with really slow comms. I suck at waiting, if this one comes off I will post about it as I am buying it blind so will be interesting to see the stats/traffic and possible income so hopefully one I can revisit, I have a fair idea of what it should/could do from guesswork.
I raised some cash from my house equity (I bought my house 7 years ago before prices went way up and down again) so I have funds for buying sites but finding any quality one’s is giving me rsi, I am going to persevere though – I plan to physically look at around 50,000 sites over the next couple of months and target sites that look promising/neglected, really looking to try and find sites in the $5-$15k region. It seems harder than looking for good domain names, if a website owner has had a site for 10 years they can be even more attached to it even if it’s been neglected for years and ultimately many seem like they would only sell for funny money. Still I’m no quitter and I don’t mind putting in long hours to turn up gems, I’ve done it with domains so I really hope I can put in the hours and do it with a few good sites.
Talking of which had no offers or enquiries for quite a few months on anything I own from what I can remember and then all of a sudden a fist full on budget day with domain enquiries and leasing enquiries, as things stand I have 2 .net domains I bought for £2500 in Escrow to a buyer for £4000. I also agreed to sell a couple of uk domains. Each one just into 5 figures GBP with a contract agreed and signed, that will net a profit of around £15,000 which will also bolster the buying fund and has been quite exciting really, strangely for me it will mean money in the bank with nothing to spend it on. That’s just not my style .. back to work on Monday then looking for sites to buy.