Domain flipping short step by step guide.

Here is a step by step guide to buying sites and flipping...

1. You buy the domain, try to keep it as relavent. so if you are trying to make a site about fly fishing at night, keep the domain close to that. If you can, look at expired domains and dropped. Those tend to be really popular plus its beneficial in the long run.

2. Go to Estibot, and use their Ajax overture system, it works wonders plus it gives you an idea of whats out there. You can also use Wordtracker, that tends to be pretty accurate.

3. Before you jump into any new site, look for a bunch of factors. I wish I had thought of this when I first started but think about what people are getting into. What they are wanting/needing to know information on.

4. Untapped niches are hard to find but when you do find them, embrace them and maximize. What is an untapped niche? Its something that either has high volume searches and no advertisers. I know you are thinking, yeah right. Those don't exist anymore!

5. Add content, get a unique website theme going, try to use a good CMS and make the logo unique. I tends to work wonders than something you found and is free. If you have the cash flow, outsource, but remember you want to find a balance. Doesn't make sense to spend $80 to only sell it for $90.00...If you can do the work yourself for as little time, then you are ahead of the game.

6. Get traffic to the site. now here is where it gets tricky, you can sell it as is or with traffic so start marking how you are generating traffic, people will want to know..

7.time to sell, list it at sitepoint, it gets great traffic and its a good end result, if you are poor and all, go to a forum but be warned that you will deal with alot of cheapos, esp. at DP.

8. Good Luck!