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Ask HN: Buying a Website on SitePoint; Good way to bring in Monthly Income?
The sites on there look like good deals, $4,000 for $1,000/month and such. Has anyone bought one? Are there any catches?
- il 17y agoIt's much better to develop a site yourself and then sell it on Sitepoint than to buy one. If it looks too good to be true, it probably is-maybe traffic has been declining, its been dropping in the serps, revenue is down, etc. Spend that $4,000 on content and SEO, and you will have far greater returns.
- weaksauce 17y agoBefore buying I would make sure that the $1000 was not a fluke and ask to see the logs. Also, the cost of one click could be more than the revenue generated.
- bkbleikamp 17y agoI used to buy and sell sites on SitePoint ~4 years ago. Selling: I would build a simple blog, drop in Google ads, and get some basic traffic with AdWords and then they would generate some clicks on AdSense. That would give me a few dollars a day in revenue, I'd post the site, and sell it for $500-$600 – I could do about 3 of those a month. So people got a fully functioning & designed WordPress blog, but the income may not have been completely accurate. It beat getting a summer job. Buying: Be careful. A lot of these sites take time to manage, market, run customer support, etc. It is not really passive income. Many people sell after a traffic or revenue spike and give you average numbers. A lot of people flat out lie. SitePoint has some great/honest people, but I always ask myself why someone would sell a site that generates $50,000 a month (extreme example). If it's a need for cash, surely the bank would loan them money against that income... Just be skeptical.