I'm banging my head against the wall here and would love to hear from those whom are experienced how they go about tackling actually finding a decent website and what they define as a decent website.
As always with my research, I start as specific as possible then sprawn out to be as generic as possible to try and get the best results. At the moment, I've decided over the last few days that I'm not particularly looking to flip, but to buy a website to add to my portfolio.
So, I began searching for websites that are established, fairly large and has some revenue. I thought it would of been pretty easy - god was I wrong; is it me, or am I the only the that gets presented with complete and utter shit on Flippa and DP? I couldn't find hardly any decent sites to invest in that earned $500 a month. The ones that were earning $500, they were either asking for stupid amounts, ended, or were using it as a sales tactic.
At the moment, I'm not looking to invest into "potential" - that's all it seems to be these days!
But anyway, I'm interested in finding out your take on it; do you buy websites for it's potential for the long-term (i.e. no traffic or revenue and outsource all the SEO work) or do you buy websites with established website with existing revenue and add to it?
I honestly just cannot seem to find a decent website out their which is earning a good enough revenue - help! My expectations might need to be worked on - I've built up 16 websites from scratch to such a high level, so I think I'm expecting the same sort of level elsewhere. I mean, I can't understand why some people want to sell their websites for such low amount... I wouldn't ever dream of selling a single one of my websites for anything under a Trillion each! (O.K, I might accept a Billion lol :P)