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21. Domain Flipping

Getting anything under a 5 letter .com is virtually impossible nowadays. If you come across a decent one, snap it up ASAP. There are people who do nothing but wait around and pounce on expiring domain names, in the hope the old buyer forgot to renew it and will have to buy it back for $$$.

There are also decent domain names which simply aren’t registered.

  • Powerhose.net
  • Spamdealer.com
  • Thorfy.com

These are just 3 domain names which I’ve come across in the past that were not registered yet. But these are what I’d call good domain names. You could profit from all of these. Hopefully some of you will. To find unregistered domain names I use a site called instantdomainsearch.com and randomly enter domains I think *might* not be taken. Persistence and patience is the name of the game here.

The first two are what are known as keyword domains. They contain real words, dictionary words put together. These are the best type as they’re more valuable when it comes to SEO. There’s also more chance that people will type them in naturally.

Thorfy.com is an example of a brandable domain name. It means nothing, but it sounds good – and that’s where the value lies. Bebo, Flickr – they mean nothing really, but they’re short, easy to remember and sound good… that’s the ‘web 2.0’ domain world we now live in.

Some of you might ask why I haven’t registered all 3 of those domains above – the answer is I want to show you guys you CAN still buy decent names and sell them. Many people think it can’t be done, those days are gone, but I’m telling you now, and as you can see above, this CAN be still done.

By the way, I use name.com to register all my domains – $8.99 for a .com, with free private whois protection thrown in. Godaddy and the rest are good, but why pay more when you can get the same for less?

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