advice How long should domain investors be willing to renew domain names?

[Alvin Brown]

Whether hand registering domains, buying expired domains, or purchasing domains from a 3rd party, this is one of many important questions every domain investor must consider when journeying into domain investing.

While it’s not the only question to consider, but it is a critical question to answer in full transparency should you expect to realize consistent domain profitability.

It does no good for domain investors to blindly keep renewing on hope or moments before a domain is set to manual or auto renew.

It’s wise to have a plan and strategy BEFORE the domain renewal grinch arrives lurking and knocking at your door each renewal date.

While there’s not a silver bullet answer, tune into the latest episode as I provide best practices and guidelines — based on my experience — to help make the most of your domain investing experience, hoping to minimize cost and risk while aiming to realize consistent domain investing profits.

[ Listen to Podcast ]​

 

[Kassey Lee]

Hi Alvin, I posted a comment on your site but it kind of disappeared. So I'll ask you here again.

Lots of wisdom in domain investing. You said to stay away from Closeout domains and focus on more expensive domains with 3 bids or more. Then, you also mentioned that you built DNcloser.com to grab Closeout domains. So, do you avoid Closeout domains or not?

 

[biggie]

if you have names that earn revenue, they can pay their own renewal fee

and if they do really good, they can pay for some of their brothers and sisters in the portfolio.


also, some names are future forward and have to mature to the time, that makes them most appealing.

you don't wait until it hits the fan, then try to get some
you acquire long before the fan gets turned on

that, is the mindset and nature, of a true investor

imo....

 

[Kassey Lee]

also, some names are future forward and have to mature to the time, that makes them most appealing.

I call it the ripple effect -- well used in real estate investment.

 

[Alvin Brown]

Hi Alvin, I posted a comment on your site but it kind of disappeared. So I'll ask you here again.

Lots of wisdom in domain investing. You said to stay away from Closeout domains and focus on more expensive domains with 3 bids or more. Then, you also mentioned that you built DNcloser.com to grab Closeout domains. So, do you avoid Closeout domains or not?

Hi Kassey,

Thanks for your comment. I'll check to see if your message was flagged as spam (not certain on what could have happened).

Nevertheless, in the podcast, I was specifically speaking to new domain investors or those of lesser experience likely to find themselves rummaging through expired domains in closeout, thinking they found a steal of a deal.

I participate in both, but very selective about closeout domains I purchase using DNCloser. In fact, a large number of domains I load in DNCloser end up with bids, so it's a handful of domains that fly under the radar that I'm about to purchase upon entry into closeout auction.