Building profitable websites has never been easier.
One of the distinct advantages is that these websites can be created with just a bit of knowledge and very little start-up capital. In most cases, all that’s needed is a domain name and hosting account, which can be purchased from any of the major providers for around $100 per year.
The lack of any major barriers-to-entry has made this an attractive model for those with little cash and plenty of time. With the right niche topic, a built-from-scratch website can go from nothing to earning $1,000, $2,000, or even $5,000 per month in as little as 12 to 18 months.
A lesser-known business model that’s been gaining traction is the building and selling of these websites to portfolio investors. Usually priced at a multiple of the site’s monthly earnings, a $1,000-per-month website could sell anywhere from $15K to $25K in upfront cash. … Read the rest