Hello Everyone! -

chapoteaur · Feb 21, 2019

Hello Everyone!

I'm new to this forum, and am really interested in and excited about domain investing. Hope to get to learn a lot more and discuss with you guys through this forum!

I also thought it would be really helpful to connect domain buyers and sellers through social media, as well as promote domains that businesses and individuals are buying and/or selling, so I started an Instagram specifically for this: @rcdomaininvestor

Hope I can help the domainer community out! Really looking forward to meeting you guys and reading your responses, suggestions and comments, and hope to be a proactive member in the domainer forums community

FolioTeam · Feb 21, 2019

Welcome to Namepros

chapoteaur · Feb 21, 2019

FolioTeam said:
Welcome to Namepros

Thank you Folio!

ak4586 · Feb 21, 2019

Welcome to Namepros @chapoteaur

chapoteaur · Feb 21, 2019

ak4586 said:
Welcome to Namepros @chapoteaur

Thank you!

WatchDogue · Feb 21, 2019

Hello!

Welcome to NamePros!

BullDomains · Feb 21, 2019

Welcome to NamePros!

Aryan B · Feb 21, 2019

Welcome to namepros

Ategy · Feb 21, 2019

Hello @chapoteaur .. and welcome to NamePros!

I never got on Instagram myself. You'll find soon enough that NamePros effectively is the social media for domains! lol

What has your experience with domains been like so far? Have you started buying and selling?

Best of luck to you going forward!

chapoteaur · Feb 21, 2019

WatchDogue said:
Hello!

Welcome to NamePros!

Thank you WatchDogue! Nice to meet you

chapoteaur · Feb 21, 2019

BullDomains said:
Welcome to NamePros!

Thank you BullDomains! Nice to meet you!

chapoteaur · Feb 21, 2019

OceanEyes said:
Welcome to namepros

Thank you OceanEyes! Nice to meet you

chapoteaur · Feb 21, 2019

Ategy.com said:
Hello @chapoteaur .. and welcome to NamePros!

I never got on Instagram myself. You'll find soon enough that NamePros effectively is the social media for domains! lol

What has your experience with domains been like so far? Have you started buying and selling?

Best of luck to you going forward!

Thank you Ategy! Nice to meet you

So far, I have been reading a lot about domaining, have not invested yet. I'm thinking about buying soon, giving myself $300 to start with, allocating $100 to expired/deleted domains, $50 for auctions, $50 for my ideas (the domain names I think of), $25 for TLDs other than .com, and $75 for backup. Hoping to take action and gain experience doing this very soon!

Do you have any advice or suggestions on how I should start, some good resources, and which parts of the forum you would recommend to buy and sell my first domain?

Thank you again, and hope to hear from you soon!

xynames · Feb 21, 2019

Halloa.

Ategy · Feb 21, 2019

chapoteaur said:
So far, I have been reading a lot about domaining, have not invested yet. I'm thinking about buying soon, giving myself $300 to start with, allocating $100 to expired/deleted domains, $50 for auctions, $50 for my ideas (the domain names I think of), $25 for TLDs other than .com, and $75 for backup. Hoping to take action and gain experience doing this very soon!

Do you have any advice or suggestions on how I should start, some good resources, and which parts of the forum you would recommend to buy and sell my first domain?

Honestly .. that's a pretty good plan you have going there ... will let you sample a bit of everything without getting too far out of hand. Any real comment is that $50 won't get you very far in auctions, I'd allocate most of the remaining $75 there.

If you take your time, you can find some gems at GoDaddy closeouts. Again though .. the key is not to rush .. domaining is actually a pretty steep learning curve and a lot of new comers buy too much garbage before figuring out even the basics. Definitely look around the forum for information and insight. Check out the various blogs (links to mine and my lists are in my signature) and podcasts (Domain Sherpa and DNW are the two biggest .. I suggest going back a few years and start listening .. that's what I did when I started).

While buying domain in the forums isn't that bad, unless you get very good at buying even below wholesale value, your goal should NOT be to resell in the forums. As unless you are extremely skilled at buying below wholesale, there is no point. People in domainer forums are almost exclusively domainers who themselves want wholesale pricing. Focusing on selling in forums will never give you a high enough profit margin to be profitable overall. Selling in the forum is basically for when you've given up on a domain .. or if you want to trim your portfolio but are still making end user sales.

Anyhow .. best of luck once again!

chapoteaur · Feb 21, 2019

Ategy.com said:
Honestly .. that's a pretty good plan you have going there ... will let you sample a bit of everything without getting too far out of hand. Any real comment is that $50 won't get you very far in auctions, I'd allocate most of the remaining $75 there.

If you take your time, you can find some gems at GoDaddy closeouts. Again though .. the key is not to rush .. domaining is actually a pretty steep learning curve and a lot of new comers buy too much garbage before figuring out even the basics. Definitely look around the forum for information and insight. Check out the various blogs (links to mine and my lists are in my signature) and podcasts (Domain Sherpa and DNW are the two biggest .. I suggest going back a few years and start listening .. that's what I did when I started).

While buying domain in the forums isn't that bad, unless you get very good at buying even below wholesale value, your goal should NOT be to resell in the forums. As unless you are extremely skilled at buying below wholesale, there is no point. People in domainer forums are almost exclusively domainers who themselves want wholesale pricing. Focusing on selling in forums will never give you a high enough profit margin to be profitable overall. Selling in the forum is basically for when you've given up on a domain .. or if you want to trim your portfolio but are still making end user sales.

Anyhow .. best of luck once again!

Thank you very much for sharing your experience and giving valuable advice! I definitely will listen to the podcasts and take more of a look around in the forums to build a solid foundation of the basics, which can give me more confidence and a better understanding of domain investing.

Thank you very much again Ategy!

J Sokol · Feb 21, 2019

Welcome @chapoteaur - glad to have you at NamePros. You've gotten some excellent pointers from @Ategy.com, and I have one more to add: Don't expect instant results, as domaining is a slow process. It's about buying good domains and building a solid portfolio.
Wishing you great results!

kandyan · Feb 21, 2019

Welcome to NamePros..

chapoteaur · Feb 21, 2019

J Sokol said:
Welcome @chapoteaur - glad to have you at NamePros. You've gotten some excellent pointers from @Ategy.com, and I have one more to add: Don't expect instant results, as domaining is a slow process. It's about buying good domains and building a solid portfolio.
Wishing you great results!

Hello J Sokol, nice to meet you! Yes, @Ategy.com gave some very helpful advice, I really appreciate this a lot. Thank you very much for the additional pointer

Looking forward to growing my portfolio for the long term!

chapoteaur · Feb 21, 2019

kandyan said:
Welcome to NamePros..

Thank you kandyan! Nice to meet you

OmarVG · Feb 21, 2019

Welcome!

chapoteaur · Feb 21, 2019

OmarVG said:
Welcome!

Thank you Omar! Nice to meet you

Bertrell · Feb 22, 2019

Welcome!

chapoteaur · Feb 22, 2019

Bertrell said:
Welcome!

Thank you Bertrell! Really nice to meet you, and nice Evil Morty profile picture haha

Nikhil Jain · Feb 22, 2019

Hello & Welcome. See you around!!!

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