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The first level is based around a quick buy and
sell
approach which after reading the first few pages, it is undeniably
clear that you can make a few hundred dollars per week using this
painfully basic approach alone...and that's if you're lazy.
That's not a guess either - the evidence is laid
out
right before your eyes. Sure, some "flips" might not make you much
money, but just using this one method alone, it's hard to see how you
could possibly NOT make cash from day one...perhaps this won't make you
millions, but it's a great place to start!
After reading about this approach however, you get
the
feeling that you can crank out lots of "deals" on the hour (and that is
even clearly suggested in the guide) but you may find that this is made
to sound easier than it is in reality.
That is not to say it doesn't work and won't make
you
money, it's just that you will need to practice and get really
accustomed to the ins and outs before you start making multiple deals.
In fact, after reading the first section, it seems
like
you're going to need at least a week to do the initial research and
you'll need to fill out some sort of spreadsheet so that you have the
data required before you do your first flip (so this is clearly not for
the lazy people).
Essentially, this first model does work, but
there's a
lot of work involved if you want to make a lot of money using this
strategy alone...great as a part time job though!
The next model is called the "Advanced Hunter
Marketing"
method where you basically research a market, negotiate a deal to buy
an underdeveloped site in that market, then do a full renovation on the
site to triple, or even quadruple the site's value.
This is much more advanced and takes time, but the
6
steps that you are taught in this method are proven in the real estate
investing world (and this is no different in principle to that).
This second method requires more upfront capital
to
invest, which you should have by now if you've been using the first
method to generate quick cash from simple site flips. But don't risk a
penny until you're confident with the overall process and have a good
feel for what sells and what doesn't.
Again, this is not an overnight process as they
make you
feel, but will work just like a real business once you get your bearing
set straight.
As I went through some of the sections, some of
the info
is painfully obvious (such as how to navigate a website) and some
requires a little due diligence and common sense (when it comes to
making your investments)...so there is a mixture of levels of
understanding involved, which was a little frustrating until I just
ended up skipping over parts.
Again, it's far better to go into this with a laid
back,
level headed business approach than to be chasing a few dollars a day
here and there...you'll make better decisions and will learn more from
the guide as a result.
The more advanced models of site flipping
explained in
Site Rush are more risky and require more upfront money, but there is a
lot of detailed steps explained showing you how to gauge the value of a
site, whether the details that are listed are legit and add up and also
whether there is any real long term potential in the market/website
overall.
This info is really in depth and helps out
tremendously
as you look to part with more cash, but don't expect to get your usage
out of this area of the guide until you've really got your feet wet
with the basic methods first.
In fact, it's easy to be tempted to move ahead in
the guide before you've really got a firm grasp on the basics, so be
warned!
The final method is based around taking your
content
based websites and turning them into membership based businesses,
because they sell for much more than anything else!
This requires a lot more work and money as there
is more
to pour into this, but it can also be outsourced just like everything
else. There are some good membership ideas here that uncover a lot of
great ideas for building membership sites, whether you intend to sell
them or not!
It's clear to see that whether you stick with the
basics
or end up moving onto the incredibly more in depth and higher potential
methods, the principles behind them all share the same solid, well
practiced business investing tactics alongside well advised internet
marketing strategies.
The material is essentially blending extensive
internet
marketing advice that some of the better known eBooks have taught in
years gone by and blending it with wise investment opportunities...so
that instead of sitting on all your websites, you are getting in and
out relatively quickly with no long term ties or commitments.
Many people will struggle to see the benefit of
selling a perfectly good website, but I can see why it's done...
...no ties, no need to build from scratch, can be
outsourced, can set you up for years through one simple sale, no need
to risk the site losing popularity or sales in years to come (you've
already made your money from it!)...and those are just a few of the
many advantages.
The other things which make this appealing is that
you
can literally act as a middleman and work from anywhere in the
world...you don't need software, offices, stock or staff...just like
being an affiliate, except it is more predictable to make more money in
a buyer's market.
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