I've never done this and I want to get into it; buying expired or expiring domains that have traffic/backlinks and then parking them. I've seen people claim to make good money from doing this and I would like a crack at it myself.
I have no idea where to start though. I doubt anybody will be willing to give away their secrets, but a nudge in the right direction would be nice! I know how to check the backlinks of a domain/check if it might be getting traffic, however I have no idea where to look for expired or expiring domains or if there are any useful tools.
Now, it seems to do this the domain has to be a keyword that gets many searches or hits and has traffic coming to it already. My only idea would be to find some keywords that get traffic on search engines, try and find expired domains by searching with a domain registrar and if it's not taken then check for backlinks/traffic.
Am I on the right track or have I derailed? Any help would be appreciated!