[quote="rype89"]
Hi everyone, really hope to get some help here. I'm done reading through the course and it seemed all easy and simple while reading it but as soon as I start looking for a site on DP all kinda questions start popping up. I have VERY limited time to work on this (weekends only) and really want to make full use of my time. It would really be a neat feature to have a chatroom/chatbox so that we can get instant help but I guess this will have to do for now.

I've been looking through the dp listings for the past hour and have no idea what I was doing. Almost every single listing does not provide with enough information.

1. How do you start looking for a site? Just mindless browsing?

2. What information do you need/ask for? The most common i see people asking for is revenue and traffic proof.

3. Does matter if at DP it says the owner has not verified the site or something like that?

4. Most of the listings that show their traffic stats are from awstats. How do I know if those are not faked?

5. As soon as I find a site, it seems text links and adsense should be my main options to monetize. What would be the best way to sell text links FAST? BTW are text link ads just like normal links by the side of the blog?

6. I currently do not have an account on DP. Can new accounts PM others? If I'm not wrong I will need to meet some requirements before I can make a post in the BST section right?

That's all the questions I have for now. I'll be back on the weekends to give this another try. Thanks in advance for all the help. If there is someone here who is experienced and willing to help me via MSN/etc, I'm willing to split the profits with you. You don't have to do any work. Just answering my every noob question.

Ryan

On a side note to the authors, I bought this course through the WSO in which it has a money back guarantee.

200% MONEY BACK GUARANTEE

Yep, not 50% or 100% but 200% - we will actually PAY YOU in case you don't, within 14 days after purchasing the course, make at least $150 of profit by following the tips you’ll get from our e-course. You’ll get $254 straight to your PayPal account! All we ask is that you look at all the materials provided and put them into action. If you can prove you have tried and failed (even asking at least 10 questions on the forum) to make at least $150 then we will happily honor the refund 200%.

I just want to ask if the guarantee extends beyond 14days because I'm pretty sure that given my limited time, I need longer than that to complete a flip.


I understand it can be overwhelming to get started and we are all here to help you.

1.) I don't know if mindless browsing is what I'd call it, but you will want to have an idea of what you are looking for. The most obvious starting point is your budget. Do you have a budget in mind that you could spend on a site?

2.) We provide several tools/checklists in the forum below that should help you in determining the right questions to ask. Generally, you'll want to make sure the posting is legitimate getting proof of anything (revenue, traffic, ranking, etc.) the seller is stating in their listing.

http://flippingnetwork.com/forum/forumd ... php?fid=32

3.) In this case, you'll want to verify the seller actually owns the site and isn't trying to sell a site they don't own. There are a couple ways to do that:
a.) Send an email to the contact email listed on the "whois" record of the domain and ask the seller to tell you what the contents of that email were.
b.) Create a file (name it anything you want like test1234.html) and ask the seller to upload it into the web directory of the site. Then you can go to thesite.com/test1234.html.

If the seller can do both of these for you, it's a very good chance they actually own it.

4.) It can be tough to know if the traffic is real vs. bot traffic, but look for anything in the logs that would indicate a ton of the traffic is from one source/country/ip/etc. If you are worried about doctored screenshots ask to do a web meeting where the seller shares their screen and/or ask for access to their stats. Keep in mind, anything can be faked including Google Analytics so if something doesn't look "quite right" be sure to do what you can to get comfortable before you buy.

5.) There are text link brokers you could go to if you want to move quickly. Just do a google search for "text link brokers" or "text link ads". Basically a text link is any link that is text based and are typically for the purpose of increasing the number of links pointing in to an advertiser's website for search engine optimization purposes. The placement can be anywhere on a page including the footer.

6.) Please refer to their current forum rules. I don't want to post specifics in here in case they change their rules in a week.

Regarding your question about the money-back guarantee, we take that on a case-by-case basis but normally wouldn't extend it more than 30 days, so even if it means staying up all night, get to work

Sincerely,
Chris

[quote="angel220"]
So the 200% money back guarantee is valid for up to 30 days at most? Do you offer a 100% money back guarantee afterwards? This is something to fall back on if it doesn't work out.

But I am only too keen to prove that the system DOES work. I have read so many success stories on here. But I too am having a bit of trouble with the DP Forum. Most of the listings I checked had PR values that didn't match and exaggerated Alexa rankings etc.

And why is it that very few people verify the ownership of their websites? Is it a difficult process or do they just have something to hide?

Lastly, the other problem I encountered is that after sending out 2 PMs, I am restricted to 1 PM a day or something like that. The forum just flashes a message saying that I need to allow xxxxx number of seconds between posts and this works out to be roughly 24 hours or more. So how would I be able to make direct offers and make all my necessary inquiries with a limitation like that?

Thanks.


We most likely wouldn't offer a money-back guarantee after 30 days because we feel 30 days is enough time to prove the system. My personal opinion here is that you're focusing on the wrong thing. If in your mind you want to have a "fall-back" option if things don't go exactly as you envision, you're going to limit yourself. My suggestion is to get the negative thoughts out of your mind and focus on making money by continuing taking action.

DP does have its draw backs, but once you find that one great deal, all the time looking will be so worth it. Trust me.

Sellers have different reasons. Yes, some may be trying to hide something, but others may not be as savvy or don't want to spend the time verifying.

DP is trying to prevent users flooding/spaming posts and PMs. Since this is most likely to happen with brand new users, you're going to have more restrictions at first. I'd recommend going into some of the main forums (outside of the buy/sell) and start participating by providing some valuable threads and posts. 50 posts (of value) would be a good goal to have.

Hope that helps.

let me add 1 more to that. I see quite a number of autoblogs for sale. Do these sell well?

[quote="rype89"]
A few more questions from me.

1. Should I go for a site with a higher PR but less traffic/revenue or a site with low pr and more traffic/revenue. (eg. pr3 site with no traffic/revenue vs. pr0 site with 2800uv/mth and $50/mth)
2. For the higher pr site, I'm sure selling text links would be the best/fastest way to monetize right? What about a site with pr0? Assuming the site already has adsense.

I see some potential sites that I'll probably purchase so that I can get to work asap.


There is no easy answer here. The reason I say that is because if you can get either/both at a significantly undervalued price they can both be good. That said, when I am buying to hold, quality traffic and revenue in my mind trumps PR.

[quote="rype89"]
Alright I went ahead and jumped the gun. I bought a PR3 blog with no significant traffic/revenue for $60. Signed up with textlinkbrokers.com so just waiting for them to approve of my account now.


That sounds like a good buy. I'm sure you could turn around and sell it on flippa as-is for a quick $100-$200 in profit. Let us know how it goes.

I'd recommend starting the process of writing your listing for Flippa.

You can also review the tools section for checklists and other ideas.
http://flippingnetwork.com/forum/forumd ... php?fid=32

Great post, David!

On a local networking event a few weeks back an eager designer-kid looking to open his own ad agency asked me what was the number 1 thing I've learned in my 5+ years of being an entrepreneur. My answer was - money follows speed!

It's all about finding the correct risk/reward ratio. Try to eliminate all risk and you'll fail. Aim too high, taking unnecessarily high risks and you'll fail. Find the right balance and you'll succeed!

If pagerank is actually worth anything, then a site with "only" PR3 should sell well on that basis alone. Building a site from scratch and achieving PR3 is not easy or quick, so somebody in love with PR should pay a premium for a site that is already PR3.

If your goal is to just make back your investment as quickly as possible, I'd say you can do that by listing the site as is. Take a look at some of the auctions with PR3 and no revenuethat sold. Many are selling in the $150-$350 range.

https://flippa.com/buy?includewon=1&inc ... finesearch

There are a lot of posts in the forum and course about auction strategies so I'd recommend reviewing all of those.

1.) You are in a gray area with your site, but I'd lean to "established".
2.) Please re-read chapter 19 in the course and the various posts in the forum.

okay, have put up an auction. lets see how it goes...

https://flippa.com/auctions/119334

Also, see if you can get your flippa trust up by verifying your phone, linkedin and facebook.

Alright I've edited the listing accordingly. Unfortunately I doubt there are any decent keywords that the site is ranking for. The site was previously an autoblog pulling in junk content.

[quote="rype89"]
Not sure if this has been asked before, but when you feature an auction, how long does it last? No bids as of yet, and am planning to feature it once 48 hours before the end.

On a side note, I got a PM from someone. Judging by his username, I assume he's from India. He just created his account and has a trust rating of +4 from the phone verification and linkin. If I were to get a bid from someone like that, should I accept the bid? I'm not getting any bids and don't have a good feedback history myself so it makes it difficult to reject any bids that come in.


1.) Featuring the day before the auction ends is probably your best bet.

2.) I don't think based on what you're telling us that it should exclude him/her as a legitimate buyer, but you'll need to do your due diligence on him/her prior to accepting the bid.

Chris.

I hope this reaches you in time. If you accept it, you are obligated to tell sell him at that price if no one else bids. I would do your negotiation prior to accepting the bid.

When I buy the featured upgrade, does my listing become featured immediately upon making payment, or am I able to choose the time for it to become featured?

[quote="rype89"]
I have already accepted the bid, but I'm not obligated to sell it to him since I've set a reserve price right?


That's correct. For some reason, I thought you were doing a no reserve auction.

Imagine my excitement when I woke up at 5am in the morning and when I checked my email, payment has been made for my site at the BIN price! I'm not even home right now and am so busy I'm rushing this post out just to to share the joy with you guys. Will post a success story when I have the time on the weekends.

Thanks for all the help
Ryan

The sale gave me a ray of hope. But now the real challenge is to do a bigger flip, which I'm sure I'll be needing all of your help again.

Btw, I would really like to hear your views on a type of site/auction that I spotted on flippa. Do you think these sites are worth purchasing? Because if everything claimed is true, you wouldn't even need to flip the site to make a hge profit.

https://flippa.com/auctions/119752/Extr ... money-back

[quote="rype89"]
Imagine my excitement when I woke up at 5am in the morning and when I checked my email, payment has been made for my site at the BIN price! I'm not even home right now and am so busy I'm rushing this post out just to to share the joy with you guys. Will post a success story when I have the time on the weekends.

Thanks for all the help
Ryan


Congratulations on this big win! Do you mind writing a testimonial in the "Success Stories" section of the forum?

Sure, once I find the time, I'll write out a success story.