I have flipped few, mainly forums.
I've written a post about it - Websites I’ve Flipped So Far.
Have you flipped any sites?
How long did you develop it?
And was the result satisfactory?
I have flipped a few.
One was a one week flip which miserably failed. Learnt from my mistakes though.
Another is a one month flip which I am still developing.
I've flipped a couple. Not for huge profits, though.
Erm... What is flipping a website? Sorry, but I don't know.
It's when you edit it, and put content and everything, and then you sell it for profit.
Source: http://websiteflipping.com/Website flipping is the art of buying, improving and selling websites. The term comes from the property industry where investors will buy a property, renovate it to add value, and then sell it at a higher price. Website flipping is essentially the same process online. An investor, or investment group, buys an established website, adds value to it and then sells the site at a higher price. With the cost of entry into domain flipping increasing, following the sharply increasing valuations of domain names, website flipping has become more financially accessible to the average investor compared to domain name investment.
Read more here: http://ezinearticles.com/?What-Is-We...ites&id=798893
Yeah, I've flipped quite a few sites, all with profit (of varying amounts) and I must say I'm very pleased with the outcome.
How do I do it? Well, I'll buy a keyword filles yet brandable domain, buy some articles, and put them up at two day intervals. Hold some sort of mini contest to get traffic/comments and get it indexed by Google. Submit it to loads of directories, then sell.
I do it like this for a reason:
a) The domain is worth $25+ on its own usually.
b) The site will get indexed by Google in that amount of time (big selling point)
c) Content is unique, therefore better for search engines (and selling point)
d) Coz of the backlinks, by using a 'PR predictor' it usually gets predicted as a PR2
I've flipped a few sites in the past month. My first one was totally unique content, looked good, was all SEO'd and had a ton of features. Looking for $147-197. Sold for $110. Next site was unique also - looked great, but it really could have been developed more. Got $70 from it; still made a profit but not a whole lot.
My next site I took literarlly 2 hours to build. Whipped up a quick header/logo, changed the colors, uploaded and configured all plugins, added a PLR ebook to sell. Was one of my best sites. But for this one I just added PLR articles. Why? I was lazy. I wanted to save money. And I bet you can guess what happened..... my auction ended w/o a winner.
But....I did get a private outside bid for my asking price of $137, so it sold! I consider myself lucky. That won't happen twice. Always go for unique content.
OK - looked up the forum software and it looks like Fantastico uses phpBB and SMF. That's what I was thinking. But after poking around a little bit, it seems that SMF looks really good! It's more newbie-friendly than phpBB, has lots of free themes, etc.
But if you're going to have a Buy/Sell/Trade section something like iTrader is a must. phpBB looks like several people are trying to develop it, but SMF has a similar system that you can install.
Other than the general look, what is the big advantage with vBulletin?