Web site flipping
Generally when looking for an investment, an individual will purchase a house or apartment either for resale or to to rent out on a monthly basis to pay for the mortgage until property prices in the area rise thus increasing the profit made from the sale. Either way, there is money to be made in property, if you have the time and the capital to pursue it as an active income generator. It is an entrepreneurial way of earning a living - but can become costly should you have to sell the property for less than you paid for it; especially when something like that becomes a frequent occurrence.
Perhaps due to the fact that not all individuals have the capital to invest in this manner, and the virtually limitlessness of the internet, this entrepreneurial spirit and the basis of buying and selling has been carried over into the virtual world - and I don’t mean just selling items on E-Bay. Web sites are the hot new commodity; and are viewed as virtual property investments. High search engine rankings, cutting edge design, ease of use, lots of visits and hits are the virtual equivalent of a sea view and en-suite bathrooms; and can earn you a decent income if you know what you are doing.
There are many people online who flip web sites (buy/create and sell for a profit) for a living. Granted, the return on investment is nowhere near that of buying and selling a house; but neither is the capital input required. Anyone with an internet connection, web savvy, and a knowledge of internet marketing can start to flip web sites, and work their way up to earning a full-time living online. The growth potential of something like this is massive - maybe you should try your luck and enter the World Championships of Website Flipping.
Online Commentary / Blog - Published 2008