Hey Guys,
I came across Flippa the other day and thought it was quite interesting. Some of the deals on their seem too good to be true (maybe they are), but I mean a website selling for $4-10k that generates $1-2K/mo in profit... jeez that's a pretty decent return.
I'm looking for a completely passive or at least a semi passive investment option somewhere between the $20-$50k range, willing to speculate. (I'm quite experienced with AdWords Search PPC and SEO, and have a secretary that can manage it, so no need to consider that a time-consuming task).
-How accurate are the financials?
-If you bought an ecommerce store, how does the inventory/shipping/distributing/warehousing work?
-How passive are these "investments"?
-Have you been burned on their before?
-Is there some sort of guide or ebook or article on this that you'd recommend?
Any help or advice is greatly appreciated, thanks in advance guys
Myron
I came across Flippa the other day and thought it was quite interesting. Some of the deals on their seem too good to be true (maybe they are), but I mean a website selling for $4-10k that generates $1-2K/mo in profit... jeez that's a pretty decent return.
I'm looking for a completely passive or at least a semi passive investment option somewhere between the $20-$50k range, willing to speculate. (I'm quite experienced with AdWords Search PPC and SEO, and have a secretary that can manage it, so no need to consider that a time-consuming task).
-How accurate are the financials?
-If you bought an ecommerce store, how does the inventory/shipping/distributing/warehousing work?
-How passive are these "investments"?
-Have you been burned on their before?
-Is there some sort of guide or ebook or article on this that you'd recommend?
Any help or advice is greatly appreciated, thanks in advance guys
Myron
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