This is the business and/or art of purchasing websites that already exist online and then developing or improving those websites with a sole purpose of reselling those sites in order to obtain a profit.
Website flipping works just like real estate flipping.
A real estate investor buys property at undervalued prices, makes improvements and then re-sells that property for a maximum profit.
You can do the same thing with virtual real estate.
A website flipper finds sites that have potential but are undervalued in some way. He or she buys those sites, improves them and then sells them for a profit. Learn more about how to make money online by flipping websites for profit.
While websites aren’t tangible products, they can hold very real value.
Every website is essentially a piece of virtual real estate. Buying and selling websites, also known as “website flipping”, is one of the cheapest legitimate ways to make money online.