Quote:
Originally Posted by de captain
Go on
I can give you a site with X traffic and Y rev. Say you paid 12 month multiple on past year's avg. monthly earnings.
If you do not know how to increase either the traffic or rev, you stand to gain little. Furthermore, if things so south, you won't have any clue how to fix them.
Beyond this, starting any site from nothing is incredibly cheap and offers much greater profit potential, especially relative to investment. If you are buying sites, it should only be as a trade off for time. And even then, you should only do it if you, well, know what you're doing. You might get lucky here and there, but that doesn't scale, and you aren't going to turn 50k into 1m. In fact, turning a brand new site into $1m is much more likely than an existing one with a somewhat defined potential since you would assume it is relatively matured/settled by the time anyone is selling it.