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question Full time domainer with $10k goal /mo

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What are the do's and don't?
What are the steps to achieve this goal?
What are the ways to make 10k usd passive every month?


Experts do share your knowledge, that will help lot of people who is working towards their financial freedom
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
There are plenty of parties that do it, so it cant be that big of deal. Most likely its not for the little guy..
 
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I wonder whether Epik would act as the 3rd party.
Maybe icann should do it, or wipo.

In the lease model of Epik, the lessor contracts with Epik and the lessee contracts with Epik. This allows us to enforce both sides of the contract with a legal entity, while still allowing lessor and lessee to remain anonymous vis-a-vis each other. We have thought this through far more than most.
 
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Thanks for detailed responses.

Can names at Epik be part of fast transfer at GD/Afternic? How about Sedo MLS?

Can you give links to example landers for buy it now, make offer, pay in installments, lease?

What are your fees for being mediator in the lease option?

Answers:

1. Epik is on Sedo and Afternic MLS

2. The landers are configurable. The how-to can be found here with screenshots. There are both versions with ads and without ads.

3. The commission rate for a lease is 5%. Proceeds are deposited tax-free. If the lessor redeems, there is an additional 5%.

We strongly encourage and support domain leasing. Anyone who is not at least experimenting with domain leasing is missing the boat.
 
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The problem with leasing a domain is not the lease itself but the possibility that one would be doing business with an amtateur domainer. If it was a big company with proper contracts then maybe but in the fickle world of I won, you own, I would never risk my valuable business by running it on a leased domain.

Leasing only makes sense when you're dealing with a reputable leasing company. So many fly by night domainers that this would soil the whole industry image.

There would have to be a 3rd party involved that took control of the domain and released it when the obligations were fulfilled. In other words.... protection for both sides.

That is the best part of using Epik and the only reason I implemented this. Once a buyer starts paying for a lease, it is locked down and I cannot move it or change any settings other than setting the whois to private. At that point the buyer has control over all the nameserver and dns settings of the domain, but again it is locked down so they cannot transfer or move the domain.

I think this is why Rob from Epik mentioned the below in a prior post:
I candidly don't see how someone can provide a leasing service without being a registrar. There needs to be an agent that sits in between lessor and lessee to govern access and use, and not just sell and collect money. This is more than a transaction. It is about ongoing access control. The lessee should be able to use the domain 24/7 but not change the whois or see the auth code, for example.

On 2 names I was interested in purchasing at or above $2k, I suggested using Epik to the seller, they both agreed, transferred their domain to Epik.com, and I leased the domain from the domainer/business owner. I had zero reservations or concerns even though I knew almost nothing about the seller. This is because Epik acts as the 3rd party, and removes the risk by locking down the domain (as a registrar) and generating a contract when the domain is leased.

As long as the payments are taking place, the domain remains locked down. Once the lease is paid off (if it is setup as a lease-to-own), Epik automatically transfers it to the buyer. You can completely customize the lease terms to just about anything you want with the new setup tool.
 
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Let's talk about other Startegies than leasing
 
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+1

I'm one of the folk above. I switched all my domains from parking to a lander with a buy or lease option. Best thing I've ever done.

Like many, in the past I made close to $1,000 per month on ads from parking. When the downturn occurred, it dropped down to $200-$300 per month, and I also had a UDRP issue originating from the parking page ads. So I was ready to get rid of parking and just drop users onto a Buy Now page to focus on sales.

While exploring options, I found Epik's lease option. It's been a few years since I started using Epik and switched to the buy/lease lander page, I'm now at close to $1,500 per month from lease income between Epik.com and Escrow.com.


My advice: you get sales from 3 main sources. Your landing page (fix this first), whois info, and Afternic.
  • Create a simple lander or use undeveloped (they even let you list epik.com's lease option as a built in option).
  • At minimum, say in your whois that the domain is for sale
  • List your domains on Afternic (PREMIUM NETWORK OPTION) - they show up on every major registrar if someone types in your domain. If you are not doing this, you are missing out on ridiculous amounts of income.
  • List your domains on Sedo (optional last step - has only resulted in 1-2 sales per year for me)

To get to $10k per month, just reverse the math and do one of the following:
  1. Sell 11-12 domains per month at $1,500 a piece (you need 9,000 good domains)
  2. Sell 1.7 higher quality domains per month for $10,000 a piece (you need between 2,000-4,000 great domains)
  3. Something in between these 2 models
Hello NameBuyer.com,
Listing on Afternic requires to change your DNS? I currently have all my domains at undeveloped. Will just adding names at afternic makes the domains appear in registrars or do i have to park at their DNS.
I appreciate your answers. Thank you. J
 
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Hello NameBuyer.com,
Listing on Afternic requires to change your DNS? I currently have all my domains at undeveloped. Will just adding names at afternic makes the domains appear in registrars or do i have to park at their DNS.
I appreciate your answers. Thank you. J
You just need to list them, it doesn't matter where your name servers are pointing at.
 
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I am starting to think that self-promotion is the best way forward as well.
 
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Don't listen to other domainers.

10 years in the biz this year making $100K/year.
 
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Don't listen to other domainers.

10 years in the biz this year making $100K/year.
Congrats , yes it's possible..just you need the right strategy
 
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Does that mean without any work ? Parking would probably be the only way.

Parking is dead. I've gone from 5 major companies + Above.com to only 1 major company + Above.com in the last 4-5 years or so. Domains which were once great producers of cash, go from hero to zero in about 18 months of parking. I drop a parking company when they produce an obvious downward trend and start producing less than $100/month on my entire portfolio.The only parking company I use now is Parking Crew. But oftentimes, maybe even most times, their landing page shows mostly no links on their landing pages. It's no wonder Above appear to be taking their business with their Maximizer product. However Maximizers pay per click is only about 1/10th of Parking Crews payment per click, in most cases.My income on my entire portfolio is down to about $500/month. From a maximum of maybe $3k/month aboutr 4yrs+ ago. It's the reason I have changed my strategy recently. 80-90% of my portfoilio now goes to my own for sale landing pages. This is only a fairly new strategy for me. Most domains I acquired went to parking first to get a feel of visitor volumes and earnings. But that strategy is starting to change, as explained.

You will always find exceptions of course. But I doubt you will find an honest person who will tell you they make more money from parking than they did 5 years ago. PPC values seem to approximately halve almost every year.
 
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Parking is dead. I've gone from 5 major companies + Above.com to only 1 major company + Above.com in the last 4-5 years or so. Domains which were once great producers of cash, go from hero to zero in about 18 months of parking. I drop a parking company when they produce an obvious downward trend and start producing less than $100/month on my entire portfolio.The only parking company I use now is Parking Crew. But oftentimes, maybe even most times, their landing page shows mostly no links on their landing pages. It's no wonder Above appear to be taking their business with their Maximizer product. However Maximizers pay per click is only about 1/10th of Parking Crews payment per click, in most cases.My income on my entire portfolio is down to about $500/month. From a maximum of maybe $3k/month aboutr 4yrs+ ago. It's the reason I have changed my strategy recently. 80-90% of my portfoilio now goes to my own for sale landing pages. This is only a fairly new strategy for me. Most domains I acquired went to parking first to get a feel of visitor volumes and earnings. But that strategy is starting to change, as explained.

You will always find exceptions of course. But I doubt you will find an honest person who will tell you they make more money from parking than they did 5 years ago. PPC values seem to approximately halve almost every year.

Agreed - parking has been a long decline. We all know it, plus the added headache of additional UDRP filings for trademark trespass as well as the growing frequency of malware distribution being done using parking traffic. The future for recurring monetization right now is leasing. In case not aware, leasing can be done with or without parking at Epik. If you do use paid parking at Epik, there is no malware and we do pay out 100% of what we collect. For parking and selling/leasing external domains, we have to manually approve your account. Feel free to PM for details.
 
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Agreed - parking has been a long decline. We all know it, plus the added headache of additional UDRP filings for trademark trespass as well as the growing frequency of malware distribution being done using parking traffic. The future for recurring monetization right now is leasing. In case not aware, leasing can be done with or without parking at Epik. If you do use paid parking at Epik, there is no malware and we do pay out 100% of what we collect. For parking and selling/leasing external domains, we have to manually approve your account. Feel free to PM for details.

Yeah. The few UDRP filings I've had to handle because of parking abusing somebody's TM, is definitely a big negative for parking also. The parking companies don't seem to care. Unless providing no links on their parking page is how they show they are caring :)
 
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An example of a domain leasing contract would be nice to see before getting into it. @robepik
 
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An example of a domain leasing contract would be nice to see before getting into it. @robepik

Sure, go here:

https://marketplace.epik.com/premium

Click on any Start Now domain and check out.

The lease conditions can also be customized with custom text, e.g. with acceptable use policy. What you see with most of these is our standard lease terms.
 
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I still don't trust lease, because renters can commit a crimes, and it would be at least a waste of time for domain owner, and it can also mean domaining in a prison.

Instead you can offer regular sales with monthly payments: Domains remain in a neutral account until all payments are made. Authorities would know what a neutral account means, and won't blame you in case of crime. ..Then we can invite potential endusers, and they would accept the deal, because they can quit aytime without paying too much, but in reality probably their cards would be charged monthly automatically. Even if they quit domains would recover renewal fees. Great deal for everyone.
 
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I still don't trust lease, because renters can commit a crimes, and it would be at least a waste of time for domain owner, and it can also mean domaining in a prison.

Instead you can offer regular sales with monthly payments: Domains remain in a neutral account until all payments are made. Authorities would know what a neutral account means, and won't blame you in case of crime. ..Then we can invite potential endusers, and they would accept the deal, because they can quit aytime without paying too much, but in reality probably their cards would be charged monthly automatically. Even if they quit domains would recover renewal fees. Great deal for everyone.

Sure, it is a timid approach. The good news about the domain marketplace at Epik is that you see the full contact info of the inquiring party so if you need to diligence them before you give them the ability to lease/rent your domain, you can do so. For most people, that might not be worth it but if you have a high value domain then it can be a good idea to diligence your customer if for no other reason than to gauge the likelihood that the option will eventually convert into a high value sale.
 
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Leasing with a respectable and reliable tenant can be a reasonable option. The problem I fear most about is they can so easily damage rather than improve your domains reputation. Banned from Serps and other stuff, like Blacklisted eMails. It would be extremely difficult to get that good reputation back. Since you aren't the originator for the cause of these problems. I can't see the risk reward in leasing actually. By nature. If the client is only borrowing the domain. What do they care. There is no pressure on then to take long term care of the domain. Just like a vehicle renter/leaser. I don't think there are the tools to do enough due diligence that is required. IMHO. It's a complete gamble. The lower the lease value the higher the gamble. IMHO.
 
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Late to the party, but I've finally tried out Epik's leasing/financing platform on both sides of the deal.
It's so incredibly fast and easy, all I can say is AWESOME... I couldn't be happier!

To test this out as a seller financing a domain, I followed up on an old inbound request. My price had been too high for them, but when I offered an extremely reasonable payment plan through Epik, they were totally on board. After transferring the domain to Epik, I set up the deal, and sent them the private link. Minutes later:

"Wow that went ridiculously smooth! .... This really has made my day thanks so much!"

To test this out as a buyer, I just began a deal with a fellow NP'er to buy a domain over 12 months. The checkout process was literally 30 seconds (since I had an Epik account already), and I had access to start using the domain immediately. Really couldn't ask for more.

Just thought I'd share for anyone who hasn't given this a try yet. It's a 10/10 from me. Thanks @robepik for the good info in this thread.
 
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Late to the party, but I've finally tried out Epik's leasing/financing platform on both sides of the deal.
It's so incredibly fast and easy, all I can say is AWESOME... I couldn't be happier!

To test this out as a seller financing a domain, I followed up on an old inbound request. My price had been too high for them, but when I offered an extremely reasonable payment plan through Epik, they were totally on board. After transferring the domain to Epik, I set up the deal, and sent them the private link. Minutes later:

"Wow that went ridiculously smooth! .... This really has made my day thanks so much!"

To test this out as a buyer, I just began a deal with a fellow NP'er to buy a domain over 12 months. The checkout process was literally 30 seconds (since I had an Epik account already), and I had access to start using the domain immediately. Really couldn't ask for more.

Just thought I'd share for anyone who hasn't given this a try yet. It's a 10/10 from me. Thanks @robepik for the good info in this thread.

Awesome. Leasing is the future of the industry. The formula is simple. Make Offer + Leasing = Recurring income with potential for windfall upside from periodic sales from lessees that get funded.

Here are two good articles with which to get other folks started:

https://www.epik.com/support/knowledgebase/selling-and-leasing-domains-on-epik/

https://www.epik.com/support/knowledgebase/enable-a-coming-soon-or-domain-parking-page/

Good stuff.
 
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You should lease but with leasing payments equaling the price you'd sell the name for. Frankly the name can be damaged with spam links, content etc.

We strongly encourage and support domain leasing. Anyone who is not at least experimenting with domain leasing is missing the boat.
 
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You should lease but with leasing payments equaling the price you'd sell the name for. Frankly the name can be damaged with spam links, content etc.

You can structure the lease as you like.
As discussed prior l, rarely do we see lessees damage domains but for premium names certainly good to diligence the lessee. With the Epik landers you do see their full contact info.
 
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For me when selling price is not the problem. Buyers just have no reaction. They are like plants. So what difference will leasing make. Instead of asking 1K should I offer 100 usd monthly payments for 10 months? No because even when price drops to 100 usd they have no reaction. Even when it is free the result is the same.

I have keyword.com, they have keywordnetwork.com.
I have keyword.com, they use keyword.us.
I have keyword.info, they have key-word.info.
they won't upgrade whatever happens.

Maybe whoever controls all the servers in the world don't want me to sell anything.
 
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