Starting to really have fun this year, doing tests, trials and punts and really enjoying dabbling in all sorts.
Pretty much all the proceeds from the sale of tvs.co.uk have been re-invested in my businesses. Looking up travel names using the Google keyword tool for inspiration ‘turkey holidays’ stood out as a good name, this seems to be compounded by recent news that UK folks are seeking different destinations like Turkey & Egypt instead of the normal Spanish breaks. turkeyholidays.co.uk was owned by a couple but the email on their one page website bounced, I love it when that happens! seriously I do, it’s like a challenge and while I have no skills when it comes to design or coding the one thing I am good at is research and I am persistent.
Snail mail failed, email failed, the same address was used by a glass company who’s email failed, I did manage to find a planning application by the couple in Nov ’09 which used a different home address so used it and was successful in getting an email back from them, managed to buy the domain for £3k. It also came with the old hosting account and email account which had 5 attempts to buy it from the different people before the old email address filled up and started bouncing. The perseverance paid off in the end.
Picked up Yacht.co.uk for £1750 which would strike me as being worth 10x that, nice name.
Also bought a small site which ranks no.1 in Google for tropical fish, the tropical fish centre was an older lead, it can often pay to leave money on the table. I offered the previous owner £1500 a couple of years ago and moved up to £3500 but the actual amount didn’t seem to be the stumbling point, more the fact it was a decade’s work and sentimental value so I left the offer on the table and a year or so later he finally came back to me and was ready to sell for £4000. Seemed like an ok sort of number, not overly a bargain but I was sure I could get my money back within 2 to 3 years so bought it blind as there was no income. It’s earning around £7 per day so looks like under 2 years it’ll be paid back and is making amazon sales which could help further.
LifeInsuranceQuotes.co.uk is in development along with quite a few other insurance names in a joint venture, it was sitting on page 2 and not in use as the company primarily worked offline, a real bargain waiting to be picked up.
There are a lot of other things I am doing which I can’t go into unfortunately but just from the above over the last month or so it’s clear there are still a lot of bargains & good deals for domain names and established websites, although it should be noted none of the above were listed for sale anywhere so you really have to do the research and send emails & letters which can be boring but the pay off is fun!